#MATIC This Simple Flag following the breakout with volume is exactly what we want to see. If one large and full body candle had large volume and a #doji that had more couldn't retrace any distance to speak of, do you think up or down has more pressure pushing it ATM...?
Below is the description of the accumulation phase potential development of the CRV/USDT cryptocurrency pair. After reaching a local minimum in November 2022, when CRV was trading around $0.3982, there was a convincing upward movement that led to a significant increase to $1.29. During this period, the asset demonstrated a growth of more than 225%. Subsequently,...
#EWT This beautiful falling wedge or #bullflag has all the mechanics of a #Wyckoff Accumulation Schematic built into it, which can be seen by #volume tells in all the right places. After The low was breached note the negligible #volume, then observe the volume on the first solid bullish candle to break through the #wedge. What we want to see after is the...
#ETHBTC The Broadening Wedge has a track record of being one of the most brutal patterns for emotional Traders to navigate, but if we peel back the layers to see what's happening of actual importance, that's when things start to get really interesting, IMO. This is very possibly a textbook Wyckoff bottom. It's presenting all the signs of what we want to see plus...
#LUKSO #LYX & #LYXE have a small market cap and a history of coiling then spiking 100%'s followed by deep retraces before blasting further to the moon. The most important indicator that ties all the others together is #Volume IMO. So if we use #Volume to gauge #support & #resistance it gives us an X-ray view through the noise. First note the hike up the...
#LINK After a beautiful ABC correction after an Impulse wave #Link has taken multiple shots and cracked up through resistance and is now coiling up and stair stepping on top of support. When PA is as clean as this, with volume in all the right places. Yes there is incredible potential for clean gains, but more than that it's a spectacular example to learn from...
AI's EUR/USD Falling Channel & Breakout Odds with Scalping Range D ear Valued Investors, Introduction I would like to provide you with an update on the trading bots' activity. They have been diligently following a short position initiated at 1.101, see the idea above the chart, and I am pleased to inform you that the trade has been successful, as indicated...
We're discussing the development idea in the accumulation phase for the AAVE/USDT crypto pair. In June 2022, there was a notable decline in the asset, hitting a local bottom of the existing bearish trend at $45.80. However, it confidently surged from this level, reaching $115.27, showing over a 150% increase . Later on, the asset chart displayed the formation...
🚀 Trade Overview: I've identified an exciting trading opportunity on the FUNUSDT pair on Binance, leveraging the power of volume analysis for potential substantial gains. 📈 Entry Point: Initiate the trade now at 0.006239. The decision is rooted in the belief that volume is the true catalyst for market movements, as opposed to relying solely on price action. 🎯...
Dear Investors, Chart Explanation I believe if Tesla doesn't break out from the bearish triangle, it could downtrend to $225. This is the target price of multiple scenarios. The stock is volatile enough to fall to this price without additional confirmation. However, if the price meets the resistance trendline I marked with red, it can still spiral into the...
It's not yet time for hype. I expect another strong drop and take most of the profits at this moment. No volume reaction = No fresh money.
Below is a trading idea for the SAND/USDT pair. Since the beginning of October, this asset has shown a consistent upward trend. Starting at $0.2739 and reaching a current high of $0.5970 , it has grown by more than 114% . The trend line, acting as support, confirms continued interest from buyers in this coin, having held up through three significant approaches....
We are considering two possible scenarios for the development of the situation with BTC. At the end of October, following a significant impulsive rise of BTC from $29,614 to $35,300 , there was an increase of more than 18%. In the following month, an ascending trading channel was observed, which was successfully broken after testing the upper boundary at...
Below is a speculative trading idea for the DOT/USDT pair. Currently, the asset's price has broken through an inclined level after updating the minimum at the price of $3.550 within the current global downtrend. After reaching the $3.550 level, there was a rebound, amounting to over 41% to the current price. This situation indicates an attempt to break the local...
I think risk reward of this trade is not high enough to put a buy limit order. So I'll look for a bullish CHoCH in 5min TF in this area and then I'll enter the position. Let see what will happen...
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...
As we have CHoCH and a BOS now we have to look for a pull back to go short. For more confirmation you can wait for a CHoCH in 1min TF after the price has reached to this level. Let see what will happen... Good luck
As we have CHoCH, now we should look for a pull back to sell and I think this area has its potential to enter a short position. For more confirmation: after the price has come to this level, you can wait for a CHoCH in 1min TF and then go short. Let's see what will happen...