*NOT FINANCIAL ADVICE* Bullish Scenarios: Longs above 12073 Targeting 12170 Longs above 12170 Targeting 12235 Longs above 12235 Targeting 12284 Longs Above 12284 targeting 12333 Bearish Scenarios: Shorts below 12024 Targeting 11980 Shorts Below 11980 Targeting 11873 Shorts Below 11873 Targeting 11833 Shorts below 11770 Targeting 11710
as we see on vp and the RSI the BTC just create a big green candle but as we see that green candle have a big mech on the top bigger than the 70% of the body so we have a big sell power coming and wen he close a lees 1 red candle below the power control lign we will be on the black hole or the rejected zone so he must goo above 29935 sorry for my bad language...
1. Overnight inventory was in balance as compared to Friday close - a bit lower but mostly in balance. 2. Price went down in first half hour and stalled at Friday value area low - Went up from there. 3. It was a very rotational and a very choppy day but there are no serious selling. Overall volume was very low. 4. POC was 7 bar wide (>50%) 5. Value area was...
Update on my previous prediction for BTC capitulation. Usually that's a bounce off the 200SMA, but rather than just relying on lagging indicators heres some additional confluence towards that... Looking at 2018 on the left, we can see that the December 2018 capitulation dipped to the 200SMA (yellow line), and also the first point of untested support on the...
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