$TOTAL Crypto Market Cap BULL TRAP AlertBULL TRAP 🚨
New money has been coming into the market as shown on the Crypto CRYPTOCAP:TOTAL Market Cap, hence why you haven’t seen “rotations” in coins, but it appears to be drying up.
There’s been major resistance at the 200DMA, which is just below the previous ATH at $3T, and PA is being squeezed between the 9DMA.
Combine this with a heated RSI, it appears to be a bear flag in the making.
The trendline from Oct. ’23 gives confluence with the 50DMA as support.
*The only savior I see at this point is price smashing through the 200DMA and flipping support into the green accumulation box.
Regardless, this move is coming to an end later this week to test support or breakout.
Again, I’ll reconfirm my stance that this is the most obvious bull trap I’ve seen all cycle. Although I hope to be wrong 🥲
Having said that, after support is confirmed on the move, we are going to VALHALLA 🚀
Bookmark this 🤓
Moving Averages
Fresnillo Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Fresnillo Stock Quote
- Double Formation
* (EMA Settings)) & Start Of (Diagonal) | Completed Survey
- Lower Band Consecutive
* (Uptrend Argument)) On Midrange Area | Subdivision 1
- Triple Formation
* Wave Feature + Ongoing Entry At Wave (3)) | Subdivision 2
- Retest Area
* (TP1) | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias)) | Indexed To 100
- Position On A 1.5RR
* Stop Loss At 150.00 GBP
* Entry At 165.00 GBP
* Take Profit At 185.00 GBP
* (Uptrend Argument)) & No Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
BNBXBT. Bullish Cross and 71% locally.Testing the moving average as support after a bounce from a long downtrend and here right now is a good entry point. AI-Agents is quite new and here on BNB chain it makes a lot of sense as the chain is in top5 in the market (liquidity, TVL). It is difficult to find a more suitable place for this, both for investment and for tech.
When Moving Averages Meet the Demand ZoneOne of the simplest ways to identify the market trend is by using the moving average (MA) indicator.
When price moves above the MA, it's generally considered an uptrend.
When price moves below the MA, it's seen as a downtrend.
Aside from showing the trend, moving averages can also act as dynamic support and resistance:
In an uptrend, the MA acts as support — meaning if price retraces into the MA, it often bounces back and continues upward.
In a downtrend, the MA acts as resistance — price tends to reject the MA and move lower.
In BINANCE:WIFUSDT , the moving average is currently acting as support, and price is pulling back into a confluence zone between 0.584 – 0.558, where the MA meets a demand zone. This setup increases the probability of the pullback ending and the uptrend continuing.
The confirmation for a bullish continuation would be a break and close above 0.620.
If that happens, the next target zone is between 0.763 – 0.789.
Keep a close eye when price approaches the previous high. The ideal scenario is a strong impulsive breakout. The worst-case scenario would be a rejection or false breakout from that level.
Alright, what's your take on BINANCE:WIFUSDT ?
S&P 500 unlikely to return to up trendThe implemented tariff policy of the Trump Administration is expected to hit its fallout on the market by Q3 2025, consequentially the earnings of companies. If the SPX is to have a chance to return to the uptrend this year, it has to confirm two days closings above the turning point before summer.
The inverse effect of tariffs is that it soars with the price: any attempt to adapt on the net price point levers the total price; it's not a fixed number. This leverage applies also to inflation, resulting in consumer sentiment to sour. There is a natural time gap between the implementation of tariffs and the return of industry expected by the Trump Administration - the tariffs have been falling like a chainsaw on international business and supply relations, but rebuilding factories requires time and investment. In this gap the required investments will add pressure to companies' earnings...
These news and outlook brings out funds managers to sell America 'bigly' and to re-evaluate their diversification, bringing down stock prices eventually. The tariff-rebuild-gap is expected to set in by summer, but it is unclear when it would end: so far it is uncertain how much of the industry would return to America to produce and circumvent tariffs. A few big companies announced to build manufactories in the USA, but mostly they plan for only one factory and it still requires building. The Midterm Elections could set the Republican super-majority in both houses to fall and, by extension, have Congress retake the right to set and lift tariffs from the White House. However, it is unclear whether they would use their retaken privilege, as one truth about tariffs, like about all taxes: they're easily introduced, but can take generations to go away again.
All this forms a painstaking 2H scenario for 2025, its rock-bottom too early to call.
Harmony Gold Pulls BackHarmony Gold has been rallying this year along with precious metals, and now some traders may see an opportunity in its latest pullback.
The first pattern on today’s chart is the price area around $15.50. It’s near the April 2 high and a 50 percent retracement of the rally following the March breakout. HMY probed that zone yesterday and held it. Is new support established above old highs?
Second, HMY made a lower low and higher high. That kind of positive outside candle is a potentially bullish continuation pattern.
Third, the 50-day simple moving average (SMA) had a “golden cross” above the 200-day SMA in February and has stayed there since. Such a configuration may suggest its long-term trend is now pointing higher.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
Is Seagate Overbought?Seagate Technology has rallied sharply in recent weeks, but some traders may think the data-storage company is overbought.
The first pattern on today’s chart is the March low of $82.88. STX plunged three sessions later after tariffs were announced. Prices have returned to that level and now seem to be stalling. Has old support become new resistance?
Next, stochastics have reached an overbought condition.
Third, the 50-day simple moving average (SMA) had a “death cross” below the 200-day SMA in December. It’s stayed below that slower line since, which may suggest its longer-term trend has gotten more bearish.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
Leaving Breadcrumbs For A Swing Or Setting A Trap?In my previous idea, I explained why I think the price could rise to the $580s and just wanted to provide a brief update on what I’m watching for this week. The market has felt lethargic recently despite rising roughly 8.25% over the last five sessions. The days of fretting over incremental movements feels like a distant memory. Fortunately, major data releases and large cap earnings should energize the market. While “C” waves are not required to meet specific sub-wave retracements, and can go straight to their targets without a significant pullback, we should still be prepared for the possibility of being faced with market whiplash. Taking all of this into account, I think there could be a pullback - especially after noticing an important clue right in front of me.
AMEX:SPY has been rising higher for the last five sessions in a jerky uptrend from last week’s lows and is close to filling a gap/imbalance at the $555 level on the daily chart. There is also a gap from $529-$534, however the price is much closer to filling the upper gap.
Other things I’m taking note of on the daily chart are the declining volume and a MA cross confirmation. The moving averages I’m using here are HMA (13; pink) EMA (34; yellow) and SMA (200; green), and I have found the Hull Moving Average crossing the Exponential Moving Average to be a fairly reliable indicator of a reversal. HMA will cross up on Tuesday if the price stays above the EMA.
For a different perspective, the 1000R ($10) chart shows the price action a little more smoothly. I noticed that for the month of April, each time the price swung lower, it did so by around $35. If it is assumed that this pattern continues for one more swing lower in what would be wave (b) of C, the next question would be: to which retracement level it would go?
There are a lot of people on the boards who think the price will move lower on Tuesday. If the price were to fall from around Monday’s close of $550, a $35 drop would take the price back to around $515, which would result in an approximately 80% retracement of wave (a). There is nothing wrong with this, and the price could reverse and extend to $580 from there, however I think such a deep retracement into wave (a) is the less likely scenario since the goal of this larger corrective wave is to keep the momentum moving higher to sell before the market tanks. I still charted it above to show what that would look like.
Alternatively, I am expecting SPY to move higher on Tuesday and pull back Wednesday and Thursday to continue printing what appears to be clean and proportional movements here in the first major corrective wave of the bear market.
The week ahead will have several events that could determine the market’s direction. The most important news should come from GDP and Core PCE data being released before the open on Wednesday. Regardless of how the market reacts, we can assume with relative confidence that the news will contribute to a large movement in price. Since I’m suggesting a $35 move down will happen at some point, I am anticipating Wednesday will start this movement.
Above the $555 gap there is an order block that the price should be gravitating towards. This would be an ideal area to absorb buy orders before SPY gets sent down. Taking an educated guess, $565 could be a key level that marks the end of wave (a). A $35 reduction from there would see the price retrace 61.8% (0.382 level on the chart) to $530. Since there is another gap around this level, it should be a logical area for the price to move next before beginning its final rise to around $580.
…
This idea makes more assumptions than my last one, so please trust your own instincts and form your own opinions. The market can be unpredictable, so patterns can fail at any time. This is why it is important to stay vigilant.
With that being said, I expect Tuesday to be another low volume day that could take the price in any direction; including sideways. Since Wednesday’s data should be a major driving force for price activity this week, it is important to assess which level the market is targeting just before the news comes out. We’ll see what happens, but I think institutions are going to look to prolong this corrective wave while they still can and offload shares at a good price, because the next time this sells off it will go much lower.
I appreciate all of the feedback I received on my last post, and if you enjoyed this one I’d love to know what you think. Good luck to all.
Reckitt Benckiser Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Reckitt Benckiser Stock Quote
- Double Formation
* (EMA Settings)) & Start Of (Diagonal) | Completed Survey
* (Uptrend Argument)) On Midrange Area | Subdivision 1
- Triple Formation
* Wave Feature + Ongoing Entry | Subdivision 2
* (TP1) | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias)) | Indexed To 100
- Position On A 1.5RR
* Stop Loss At 101.00 GBP
* Entry At 104.00 GBP
* Take Profit At 109.00 GBP
* (Uptrend Argument)) & No Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
$BTC Rejected at .618 Fib - Correction Coming!Textbook rejection at the .618 Fib for CRYPTOCAP:BTC
Now on its way to retest the 200 and 50DMA as expected.
If that does not hold, we’ll go back to my original inverse head & shoulder idea ~$78k.
This will be the catalyst for Bitcoin’s next leg up to $130k end of June.
Axon’s Uptrend May Remain IntactAxon Enterprise has been climbing since last summer, and some traders may think its uptrend remains intact.
The first pattern on today’s chart is the tight consolidation pattern since February. The broader market revisited prices from a year prior, but the law-enforcement IT company never broke levels from just three months earlier. That shallower pullback may suggest buyers remain in control.
Second, AXON ended last week above the top of the range. Has a breakout begun?
Third, the stock tested and held its rising 200-day simple moving average on April 7. That may suggest the long-term uptrend remains in effect.
Next, MACD is rising. The 8-day exponential moving average (EMA) is also above the 21-day EMA. Those signals may indicate its short-term trend has gotten more bullish.
Finally, rallies after the last three earnings reports may reflect bullish sentiment towards AXON’s fundamentals.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
Tencent/Hong Kong Dollar Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Tencent / Hong Kong Dollar Stock Quote
- Double Formation
* (Reversal Argument)) At 783 HKD | Completed Survey
* Wave Feature + Long Entry Support | Subdivision 1
- Triple Formation
* Retracement Area & Entry Bias | Subdivision 2
* (TP1) | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias)) | Indexed To 100
- Position On A 1.5RR
* Stop Loss At 100.00 HKD
* Entry At 118.00 HKD
* Take Profit At 145.00 HKD
* (Uptrend Argument)) & No Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Nifty 24170-24360 range breakout to provide an directional move.Trend: Moderately bullish.
Trigger point: 24,360 breakout.
Above 24,360: Strong bullish breakout into a fresh zone.
Below 24,170: Caution advised — bias would weaken.
Volatility: Dropping — favoring smoother, more controlled moves rather than choppy swings.
Momentum: Building but needs further confirmation from RSI 21-SMA reversal.
Massive Head & Shoulders + Death Cross on Big 7A massive head and shoulders pattern is forming on the Big 7 tech stocks (AAPL, MSFT, NVDA, GOOGL, AMZN, META, TSLA). After a strong rally, a death cross (50 EMA crossing below 200 EMA) has appeared, pointing to possible weakness ahead.
Short-term concerns: right shoulder is forming now. If it holds, we could see a bounce. If the right shoulder fails, expect sharp drops and potential broader market reversals.
Long-term view: markets could still move higher over time, but short-term risks are rising. This setup resembles the 1999-2000 period before the dot-com crash. The AI bubble could be nearing its peak, with current leaders losing strength and new players stepping in.
Key to watch: neckline of the head and shoulders and how the market reacts to the death cross.
disclaimer: this is not financial advice. for informational purposes only. trading involves risk and past patterns do not predict future results. always do your own research and consult a licensed financial advisor before making decisions.
XLMUSDTHello to all AMKT members, I hope you had a good day.😍
Today we are going to analyze the XLM coin.
On the weekly time frame, we entered a correction after the sharp rise that we were having, and now there are signs of the start of the next upward wave.
On the daily and 4-hour time frame, after the 0.3 break and the volume increase and the rsi enters the overbuy zone, we can take a long position.
For the short position, we can choose another token, but we can enter a short position with a break of 0.2601, but the trading risk is high.
I hope you have a good and profitable day.
CORE Rectangle BreakoutBITGET:COREUSDT appears to be breaking out of a 2 1/2 months long rectangle, and is currently challenging the 100-day EMA.
Confirmation: Daily close above $0.58
Invalidation: Break back below the rectangle resistance
Target: Previous support at $0.77 (resistance reinforced by 200-day EMA)
FTSE MIB (IT40) Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# FTSE MIB (IT40) Stock Quote
- Double Formation
* (A+ Set Up)) | Completed Survey
* Wave Feature + Long Entry Bias | Subdivision 1
- Triple Formation
* ((No Trade)) At 0.80% To Percentage Related Settings | Subdivision 2
* (TP1) | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias)) | Indexed To 100
- Position On A 1.5RR
* Stop Loss At 129.00 EUR
* Entry At 135.00 EUR
* Take Profit At 145.00 EUR
* (Uptrend Argument)) & No Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
DaVita Inc. Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# DaVita Inc. Stock Quote
- Double Formation
* (Consolidation Argument)) | Completed Survey
* Wave Feature(Flat Structure) | Subdivision 1
- Triple Formation
* ((No Trade)) At 200.00 USD | Subdivision 2
* (TP1) | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias)) | Logarithmic Settings
- Position On A 1.5RR
* Stop Loss At 150.00 USD
* Entry At 140.00 USD
* Take Profit At 125.00 USD
* (Continuation Argument)) & No Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral