Whilst my previous prediction did pick out $25K as the number for a bounce, and we saw a quick move back above $30K for some easy 30%+ gains on many ALTs, I failed to predict how a falling NASDAQ would impact BTC. Based on this, and the power law corridor turning red, we are officially in 2018 bear repeat territory. I've draw 2 zones as possible bottoms... the...
This is how the market should move related to tpo value areaas learned in smb capital course because when price imbalances it goes to next zone where it can retest the edges and react from pocs
Hello 👋 Possible head and shoulders forming on the daily chart. keep an eye out.
Upcoming Potential trades for Solana and levels to watch...once price approaches these levels we watch for bullish moves + momentum
.50 fib rejection failure to cross above last swing high. were running out of volume dont be greedy bulls its up massive amounts in the past 24 hours. we will see a pretty decent size pull back. losing liquidity at the current price.
Made some adjustments to some BTC session templates I've seen. This one has VPSV and updated session boxes as well as pivots and previous day/week/month values. Would love to know what people think.
During the initial LRC pump, theres was a rotation area where strong buyers added to their longs, and the price continued to drive upwards from that zone - see left hand most volume profile. This zone should have acted as an area of strong support as price settled down from the ATH, however instead price dived through this zone to a lower level. This support...
Bulls will need to see this volume bar at continue to increase in magnitude. Failure to further develop the volume at the current spot price likely suggests pullback potential; pullback potential is limited, perhaps, to the next lowest volume profile peak circa ~56,965 USD. Notice, the 54,391.69 to 49,244.89 has notably low development on the volume profile; this...
2 bullish candles is retracement only! It will goes back down, 60% retracement since it goes down! I hope you enjoy and trade it! Give a like!
The market has settled into a persistent pattern, making consistent new ATHs. Here's my prediction for the next All Time High.
BTC - Slope of Hope :) - still in a minor trading range as indicated by the white lines. My prediction is that once it closes above the VAH around 57k - it will enter a new parabolic phase to discover a higher trading range.
Part 2 is next. 1) HTF 2) Volume profile 3) Channels 4) Fibo (/ EW)
Wouldn't it be cool to have the option of market profile charting here at TV? HPQ shows a very interesting daily bar, stopping the big decline it has shown for some time. In the coming days I'll determine the directional bias in the comments, for now this chart remains neutral.
We expecting bull back and retest poc then rise to hvn as resistance
Provided we have a weekly or a monthly close below $38k and the 1 year developing value area top will force selling pressure to further downside pretty fast. If price trades below the lower low on the bull run of November on the daily time frame we can confirm an official trend change and an end to the bull run until a correction has finished (It's way too long...
By the look of the Current Market Conditions, it seems that Gold has reached its High I looking to take all Sell Orders if the Market Makers are interested in the Liquidity at 1780 levels or further down at the 1733 levels let's see what happens GOOD LUCK TRADERS
Banknifty has shown resilience to FII selling, RBI announcement today seems to have altered the nature of market. However not much has changed we presume three possibilities around which a probable expiry day plan can be traced. A strangle of 33100CE and 32800 PE trading around 373 a pair seems a good bet to ride tomorrow . All the best
In the coming sessions, participants will want to pay attention to where the S&P 500 trades in relation to its $4,186.75-$4,110.50 balance area. Balance (Two-Timeframe Or Bracket): Rotational trade that denotes current prices offer favorable entry and exit. Balance-areas make it easy to spot change in the market (i.e., the transition from two-time frame trade,...