🔍Today's market saw a notable rebound from a crucial support level, reaffirming the buying opportunity for investors keen on sustaining prices above this support. As emphasized in previous analyses, the breach of this support and subsequent consolidation below it would likely signal a bearish trend, making position opening challenging until proximity to this...
🔍Let's dive into today's market analysis! Overall, the market is still range-bound, but there has been a minor downward correction since yesterday. It seems like we're experiencing a correction of that minor dip today, but in reality, all these movements are happening within a range box, and they don't hold much significance in determining the long-term trend....
🔍The market is currently still consolidating, and we've reached the bottom of the range box. We're waiting to see if the price will continue to move upwards within this range or if it will finally break out of the box and move downwards. Given the sensitive nature of the market, we're examining the 4-hour timeframe to identify potential triggers for trading...
🔍In today's ever-evolving crypto landscape, marked by its characteristic volatility, it's imperative to conduct a thorough examination of potential trading opportunities. Focusing our attention on STX, a project with substantial potential within the realm of Bitcoin's second-layer solutions, we embark on a detailed analysis aimed at identifying strategic entry...
📈 BTC Technical Analysis - Weekly Outlook 📈 As traders return to the market on this Tuesday, the first day of the trading week, let's delve into the analysis of Bitcoin (BTC). With Bitcoin analysis lacking for the past eight days and most of last week's focus on spot trading, it's opportune to switch gears and explore Bitcoin's potential for day trading in the...
🔍Today's analysis focuses on Ethereum in the 4-hour timeframe, specifically for futures trading. Taking an overview, we find Ethereum trapped within a range between 3235 and 3645, experiencing a false breakout from the upper boundary yesterday before reverting back into the range. 📊The volume of red candles has been increasing since yesterday, indicating current...
📅 Let's analyze and review this popular cryptocurrency, Mana, together. ⏳ In the weekly timeframe, we're currently within a 600-day box. After approximately 420 days, we've once again reached the upper limit of this box and encountered the weekly resistance at 0.8096, initiating a correction in this trend. 📊 In the daily timeframe, after this encounter and the...
🔍As it's Friday, with just one day left in the trading week, it's crucial to consider closing positions before the week's end to mitigate weekend volatility.Today's focus is on DOT, exhibiting a clear Dow Theory analysis. Currently, it finds support at $8.712, with a significant resistance level at $10.349, aligned with the POC of the fixed range volume profile. ...
🔍In the weekly timeframe, Atom's price action has remained within consolidation since May 2022, without a breakout for over 660 days. However, recent developments show a significant breakout of the trend line, supported by confirmation signals based on Dow Theory principles in the preceding candlestick. 💎The Fixed Range Volume Profile indicator complements the...
🔍DYDX is finally breaking out of its consolidation range after 672 days. The price is currently trading above the supply zone and is supported by a well-defined curve. This could be the start of a parabolic move. ✅The fixed range volume profile indicator shows that we have broken out of the high-volume zone and are ready to start moving. The SMA25 indicator is...
Value Area High of previous bullrun has officially been broken through!! There's not too much left stopping Bitcoin from reaching ATH's! Let The Fun Begin! Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and...
Massive confluence here at support!! VAL, Weekly, Daily, Golden Pocket, HTF POC... BULLISH IF PRICE CAN HOLD THIS LEVEL! Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is...
In the 1-hour chart, I analyze the fixed range volume profile for over 2 months. The highest trading volumes are clearly visible, which also makes the prices strong points. At the moment, it is at a support point, but if the downward trend of the last few days is followed, it is highly likely to rebound to the price of 0.1245 euros and then we may have an inflow...
Most of the technical analysis from last week still stands true but I have added a new Fixed Range Volume Profile from the last peak and a resistance line from there as well. Projected Price Range The anticipated weekly price range for Brent Crude Oil is expected to fluctuate between $78.00 (Min) and $87.50 (Max). Contended Price Levels $81.00 - $78.00 High...
I applied the fixed range volume profile tool to the history of XRPBTC pair on Bittrex on a weekly timeframe. It shows a very well defined clear level of support and resistance formed by the POC. This has to be the most bullish chart out there. No doubt once XRPBTC breaks out of this zone, it will significantly outperform BTC. This is a regular scale /...
In this video I explain the current state of the Bitcoin market as seen through the lens of the latest pattern found in the forecast model, "The Lightning Volume". The Federal Reserves interest rate policy continues to create considerable headwinds for the Bitcoin price. When could it end? Watch this video and let me know your thoughts? Thanks for watching!
From the chart, i've used the Fixed Range Volume Profile (FRVP) and from monthly chart it shows that Bitcoin is in Bullrun position, also at the price range of 17k to 22k are inside the Point of Control (POC) area that might explain why there are sudden bullrun recently. This area might be a rebound area for the price to continue bull run, but there are also some...
My ceiling and floor prices for DigitalBits (XDB) are $0.0070 and $0.0058, respectively. Eight Chains printed a short signal. Our entry is $0.00677325 and our take profit targets are $0.0061 and $0.0058. I have a stop loss at $0.00704418. This is not financial advice. I am not your financial advisor. This is my opinion.