avp + avwap + frvp + pivot are all supporting bullish bias. short term pump incoming?? ++++++++++++++ avp + avwap + frvp + pivot are all supporting bullish bias. short term pump incoming??avp + avwap + frvp + pivot are all supporting bullish bias. short term pump incoming??avp + avwap + frvp + pivot are all supporting bullish bias. short term pump...
BITMEX:XBT 4H | Idea OTF traders are iniating price changes above VAH. If we continue to close at this level with 4H candles, it will go to the new ATH otherwise I’ll look for a pullback to the nPOC area to gain a little bit more strength.
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...
Numerous indicators are showing that Bitcoin may want to retest that 48k resistance level again. The retest comes quicker than I anticipated by I am not going to fight price action here. VRVP and FRVP support strong accumulation at or near the neckline of that inverse H&S pattern I have drawn. Neckline has been broken to the upside where there is not a lot of...
According to the ICT method, there is a red box of a strong reversal zone in the 1-hour timeframe. We are also witnessing a decrease in momentum. It is expected that this RTM pattern will be created and the price will fall to the desired targets. #ICT #RTM #FRVP @Saber__Ahmadian
Last Monday we posted our weekly price prediction for Brent Crude Oil. The chart above is our analysis. You can see further analysis in our previous post. Our price prediction for last week was between $78.00 (Min) and $87.50 (Max). As you can see from the chart below our analysis proved true. The price stayed within the range. However, it followed the bearish...
Looking at this Daily BTC/USD Bitstamp chart from around Oct 2020 to 29th July 2023 (today) we can see a few obvious chart patterns that BTC is still in on this daily chart. 1) Ichimoku Y-Wave Pattern AKA a Broadening Wedge Pattern/Megaphone Pattern 2) Ascending Channel Pattern 3) Descending Channel Pattern 4) Rising Wedge Pattern We can clearly see the...
Short Trade = Daily Anti Cypher + Bearish Maxlev Pattern Price seems to be in a downtrend, creating lower low market structures. Confluences: 1. Price below FRVP POC 2. Price below AVWAP bands 3. Large Bearish Harmonic Pattern 4. Bearish Maxlev Pattern Target: 1. Liquidity Hunt from Maxlev Pattern 2. FVG
When we apply FRVP analysis to the Brent oil chart, I think HKEX:86 is a critical resistance on the daily timeframe. I can say that brent oil, which has failed to break this level by testing it many times, will test this level again.
We have Bullish Divergence at the second low of a Potential Double Bottom within a Bullish Dragon pattern and if it plays out we could see it go up to as high as 89 cents.
In the 4-hour and daily timeframe, FRVP shows the $0.6230 level as a critical support. At the same time, we see that it has been in the ascending channel since the beginning of March and is currently breaking the lower support of the channel. The fact that the sub-support of the channel and the FRVP support are in the same region increases the risk level of this...
I think FRVP gives a very good result in identifying support and resistance. In this direction, a FRVP that we will apply to the Avax chart in the weekly timeframe shows us that the 17.50 level is support and AVAX is sitting on this support. I think the return from this level in the weekly timeframe is very positive.
Gold started to correct after a small bull run. We can determine how long this correction will last using both the indicator and the price action method. Looking at the moving average, the $1786 level is a clear support. When we apply the Fibonacci correction to the distance he ran, the 0.5 region appears to be $ 1780 in the same way. And finally, when we pulled...
Although I exited the trade (fear, was uncomfortable with potential reversal of bearish momentum, see linked Idea), setup is proving valid as the price continues to move downwards with wicks reaching down the 9/21-10/19/22 Fixed Range Volume Profile. Note how the Advanced RSI indicator provided Advanced Oversold DOTS multiple times(see 10/18/22 11:00am) when the...
This week XRP has started to lead the way in the altcoin market. We've spend months at 30 cent price area. This is an price area at which XRP price historically spend most of the time, so it presents a good historical support. Just like with my last idea on BCH trading ranges, it goes the same for XRP. We have started to poke through red trading range and are...