SPCE running on earnings this AM - about to clear top edge of POC through a low volume node... This will clear LVN to 22.5 then work its way to 24.50 over time
Evening Traders! Today’s Technical Analysis will focus on LTCBTC which is testing a key trade location with multiple technical confluences. Points to consider, - Sellers in control - Key trade location being tested - Local support next viable target - RSI neutral - Stochastics in lower regions - Volume climax nodes LTC breached key technical structural...
Hello everyone! BTC dominace lvl has gone down a little and, we start to see more trading volume flow into retail's favorite crypro exchange coinbase as its trading volume increased 50% recently. Retail money is what makes the uptrend move sustainable! VPVR looks bullish as the price pierced through VA and both long term and short-term POC with long term trend...
As bitcoin formed a pinbar that might and likely will lead to small pullback, it is a good opportunity to buy trade an alt against btc. Enigma is dancing close to its point of control. Even though there is a multiple rejection pattern, the increased volume suggests, it is only a big guy accumulating this coin. I am already in and I expect to collect profits on...
Hello Traders! Welcome to another update, Today’s chart will be on LTCBTC which has broken key levels negating the market structure. LTC is probable to reach higher levels before a bullish confirmation of the POC. Points to consider, - Trend change in fruition - Major resistance broken - EMA’s holding price - Stochastics in upper regions - RSI hitting...
Hey everyone! Consolidation leads to? Here is a great example where the price just seems to be getting that last fuel before moving up. The RRR (Risk-Reward-Ratio) of this setup is considerably high, so the probability of failure becomes greater. Nevertheless, a worthy look as you can always chose to downsize your risk. Lastly, not how the POC (Point of...
So I will try out this set up: Limit sell the red zone Target 6860 On bearass side: Last day POC should act as resistance Potential retest of flipped S/R level Last day bullish impulse has been completely rejected by now On bullass side: Price at support Good luck
BABA has been in a clear uptrend with a series of higher highs and higher lows but there are signs that it needs to correct to the downside short term- 177 is a reasonable target. We see from the graph several signs; price is above the point of control (red line on the volume profile, sufficient Fibonacci extensions from the most recent impulse wave have been met...
Good evening traders! Bitcoin is bouncing off of $7,700 support on the weekly, holding strong so far. Interestingly, starting in August, Bitcoin is following an odd green, red, red, red pattern weekly. So far, we appear to be in a green candle. Not that I can say I have firm reason to believe this will continue, but I would be skeptical of any red candle closes...
IF THE SELLWALL AT 0.27 EURO WON'T CHANGE AND IN ACCORDING WITH FIBONACCI, POINT OF CONTROLL, STOCHASTIC, DOWNTREND CHANNEL AND SUPPORTS/RESISTENZ: WE SEE THE FORMATION OF A DOUBLE BOTTOM WHICH BRINGS THE PRICE ACTION AT THE LEVEL O.27 EURO WITH A FOLLOWING RETRACEMENT. LET'S SEE WHAT'S HAPPEN. LET US KNOW IF YOU AGREE WITH IT OR NOT... LET'S TALK ABOUT. MANY...
Looking for a "short" on GBP/CHF Daily. Supply coinciding with July POC area (Volume Profile). Let's see how hard the Big Banks and big financial institutions will hold this area. Looking for TP at around 1.19, which is the August and September POC area.
It's is quite simple to see that Oil will in a short time reach 58.9 to the 60s area. Big Banks and institutions are "building" and accumulating orders for the winter. Volume Profile plotted with Developing POC, Triangle Pattern had been tested and about to break up, also the Gann Fan 2/1 aligned with the up Triangle Pattern.
Same strategy and concept as the previous post, but in a Daily chart. Based on Volume Profile from 6 months behind I've found Supply & Demand Areas, where Big Banks and Hedge Funds "build" their prices, I've highlighted those areas (in orange) and plotted the Gann Fan. Now I'm just waiting for the New Zealand Dollar / U.S. Dollar to come back and reach the price...
When setting the fib at the breakout point and top of the recent bull move, we see price has fully retraced, finding support at the fib 1. However, price is also attracted to the Volume profile point of control ( POC ). Which also just happens to align perfectly with the FIb 1.272 level. it will be interesting to see where price goes should it fall below this...
If you like my work feel free to leave a like and follow not to miss any trade. We successfully fulfilled 12.5R with ETH/USD last night and caught BTC/USD at 10.4k a few days ago. BTC/USD has proven within the last 24 hours that a set of clear highs and higher lows indicates strong willingness to break out and aim for liquidity pools. As POC from yearly-high...
After 5 days of long consolidation EURUSD made a downward movement... For that reason i use Volume Profile for finding Point of control (POC) for the market.. Where i see fair price. POC - The price level for the time period with the highest traded volume. And now i expect that in this level will be reaction when the market return back. Happy trading Dale
We can see strong uptrend on USDCAD i the whole year 2018... For that reason i expect continuation this uptrend in the Year 2019. After correction to the 50 % fibonacci retracement moved up of the Year 2018, can be possible change trend up on USDCAD right now on price level 1.30262... 50 % moved up is so near to the Point of control of the year 2018.... So there...