Good morning, traders. It is Columbus Day in the U.S. which means professional traders are enjoying a 3-day weekend so volume is lighter across all financial markets. This includes the crypto market.
After another lackluster, sideways weekend, Bitcoin finally pushed up and through the resistance of the July triangle this morning. The question is, can price remain ...
Good morning, traders. Bitcoin spent the weekend moving sideways as suggested on Friday and we are nearing a likely large movement one way or the other. The question is, are you ready? Have you prepared for either move? Do you have a plan in place in case price moves against you? And what if it's a shakeout - strong move one way and then the other? These are the ...
I am very excited that the Johannesburg Stock Exchange (JSE) has been added to the TradingView data sources. This gives South African investors an opportunity to use the flexibility and ease of TV. As my first post I would like to highlight the performance of the Resources Sector. The South African economy was built on resources and has been under performing ...
WPM going down with very volumes - Keep a watch on it. Active buying coming at 18.
Not sure if it is formingIs it forming a 'b' on volume profile , in search of NEW VALUE AREA. But good to keep on Watch List
***Volume profile a better way to analyse the stocks, rather than some chart drawings/Guess work.
Confluence of a Rising Wedge and Bearish Divergence on On Balance Volume suggests that downward price action is imminent.
Target illustrated is ideally a minimum target. Price could conceivably go lower.
today I like to explain my view to the Advanced/Decline Ratio!
How to calculate the Ratio-->
--> No of advancing Stocks/No of declining Stocks divided No of adv Volume/No of decl. Volume =TRIN
--> No of advancing Stocks divided No of declining Stocks= a/d-Ratio
Normally you expect a rising No of Stocks anticipating a ...