We indicated on the chart active areas which could be interested for opening long positions - 0150, 0134 and 0125. Pay attention on price reaction at 0150. If this level would be breakdown with a high probability we will see a price fall to 0134. The priority is bull now. So we expecting a further growth to the 0169 and 0180. Stop loss should be no more than 1-2%...
UBER is about to make a large movement. I don’t usually operate on 1h candles, but with Uber we don’t have much history to look at. In the three weeks since its IPO, Uber has been surprisingly boring to watch. This is mostly due to the unfortunate timing of its launch. In the week of Uber’s IPO the market experienced its highest volatility since the Christmas...
Today i expect close GAP and reaction on my level for short trade. This level is based on very long rotation, volume accumulation and after that was GAP.... Usually when the market open with GAP after volume accumulation, the price goes back to the volumes and there is reaction. So volume accumulation + GAP is my today setup on AUDJPY. Happy trading Dale
BCDBTC Volume Analysis Prediction Unexpectedly, BCD fell down and updated its minimum. Honestly - for me it was a surprise. But in this falling there is an interesting nuance. Look at the vertical volumes when the price moved down - they are minimal. It mean that it was a large number of small systematic sales, not a panic sale. Then we saw 2 impulse bars,...
Last time we said that if the price will show breakdown 0217-0219 area by impulse, the price goes to 0201. And actually it happened. The price failed to hold above 0236 and then reached 0201 in next week. This is the level where the last pamp was from. And now the price will either show a sharp increase again, or it will stand in consolidation. The second option...
In the previous forecast we talked about buy area 0196-0200. Today the price reached level 0197. But from this level the price showed weak reaction from the bulls, the vertical volume is also low. So the priority remains bearish. For buy position we need to see the true breakout level 0207 (break of the downward structure) or see the bull initiative on the 0192...
Our main balance goes up. But after a sharp rise, the price quickly returned to the upper balance level 0207. We got something like pump and a dump. And now many people asking - and what's next? Technically chart looks bullish - breakout and retest the balance 0187-0207. But current price momentum is bear. I do not recommend to open buy positions while the price...
This level is based on accumulation setup, where after long consolidation followed nice move down. It it nice to see this level on daily and weekly chart too!! Other mainly reason is marked directly in chart. Happy trading Dale
ICX has seen a huge increase in buying volume over the last months. This volume looks like the biggest we have seen thusfar. This is the reason why we are opening a long position. The big volume does in our opinion not correspond with yesterday's spike and we will probably see a small correction before the next wave up. Please be advised that this is not financial...
We have signs of accumulation. Look at the horizontal volumes - they shifted down. Vertical volumes has also increased. This means that the main activity occurs at the bottom of the market. Big players will not sell on the bottom, right? How to trade now? We have new balance with the range 0187-0207. On the bottom of this balance we indicated support area...
My apologies for such a saturated chart. For me, this bullish trend is ending very soon. We can see that the price is losing strength as it approaches to the weekly resistance. It also got over the 0.76 just for 20 pips and immediately reversed. Zoom in on last pullback and pay attention to the volume traded. You can see the bearish candles have more weight and...
At the moment we still have a bear priority But the price finally reached daily support area 0189-0194. It's a huge area can hold the BCD from further falling. Of course, a lot of things depend on the movement of Bitcoin. What to do now? If you want to buy BCD, you need a confirmation in the form of a breaking of the last balance. To make this true the price...
Hello Guys, i'm entering btt/btc now. depends on the volume, i didn't see a big correction volume in recent correction. i wonder the big BTT whales are not going to sell their stack here. just hoping my counts gonna be right :) tab like button if you like :)
Out last BCDBTC forecast is still active so we decided to analyze BCD against USD. On the chart we indicated (boxes) active balances. As we seeing, the structure of boxes - descending. At the moment the price reached daily support area 0.65-0.69, but to start buying we need confirmation. How to see it? We need at least one past balance to be canceled, and the...
I'm illustrating this just to mostly illustrate a point about use of volume in price analysis. Bitcoin right now seems to be a battle of small groups or single people perhaps even who are both trying hard to influence market here. Perhaps a semi-larger group (maybe miners again or exchanges) are trying to support price. One large seller or a small group seems to...
The price did not reach 1 tick to the indicated earlier support. We expected the price at 0213-0217 area, but rebound started from 0218. Please note that the vertical volume increased at this level and the price showed a bullish reaction. What now? Our main balance has expanded a bit. The range of the balance now 0217-0274. Also we have an another narrow balance...
For this moment we have 2 balances. First balance is wide with the range 0228-0274. Second balance is narrow with range levels 0232-0246. The best opportunities for open buy positions is from the support area 0228-0232. If this area will be breakdown with the high probability the price goes down to the next support zone 0213-0215. But if the narrow balance goes...
BTC formed a Diamond Top which is an overall bearish sign. Added to that the Volume is decreasing with time which is also a bad sign. RSI on 1D timeframe is eerily similar to the 6k$ period where we were moving sideways for a long while. It is also generally stuck on 50 or below which doesn't give much strength to the Bulls. People in the space seems to be holding...