Volume-based indicators give information about the amount of traded contracts or lots. Its one of the few types of indicators that base their value not solely on price. Volume obviously depends on the selected period. The amount of a security that is traded at any given time can give an indication as to whether the trend is likely to continue or might reverse. It shows at which prices traders open their trades. An increase in volume usually precedes an emerging trend and a drop in volume usually precedes an ending trend.
Interesting situations are created when the price makes new highs or lows while the volume drops. This price - volume divergence could point to a trend reversal. There are many volume-based indicators such as the Money Flow Index (MFI), Chaikin Money Flow (CMF) and Volume-weighted Average Price (VWAP). They can be used alone or in combination with other indicators.
1. Curious to see how CY handles early TSI signals in the downward direction
2. So far upward CY shifts have been preempted by TSI divergence
3. Will it hold for negative divergence?
4. Overall love the stock.
1. Trend Shift Indicator did nicely with the last divergence (see lighter green lines)
2. TSI again showing divergence.
3. Lets look to see how this plays out.
First, I would like to thank you for taking the time to read this analysis, and second, I would like to clearly state that I am not an expert by any means, I learn every day and if I have missed anything of constructive importance please feel free to let me know in the comments section.
To begin with, the Daily chart below shows my current count. I have had ...
Looking at the volume profile indictor we can clearly see
the largest support area bitcoin has is between
$400 and $500.
Now I am not calling for this region
to be tested 100% but I think it is interesting to remember
that traditionally this is the price bitcoin has been traded
at.
According to volume profile there is essentially zero support
way up here ...
Over the course of the last 6 months Bitcoins spot volume has been plummeting while future volume has been rocketing on the backburner.
The two custom indicators above are a perfect display of this. The BTC World Volume displays the total traded Bitcoin Volume over the top 17 Bitcoin Exchanges and currency pairs. It then separates the futures market from the spot ...
Short target: 7.35NOK
When: 2. May 2019
Why:
- Gann lines and the global support level crosses this point.
- Arc 4 is done, arc 5 is the next one.
- Wave 4 is done, wave 5 is the next one.
- The volume is descending currently (From when the wedge pattern started).
Forecast:
- It will rise quickly after beginning of May 2019 and break through the wedge (around ...
Bottom & Top Finder v2.5 When using BF for swing trading on 15m or lower timeframes, it is best to enter on the strong bottom, and ignore the medium and weak signals.
As you can see the past few weeks on BCD has been VERY profitable. A total of over 581% was possible if you entered on every strong signal. A few bottom signals did not register a strong sell ...
ONT is possibly forming a bottom, there is a lot of support in this area though the volume has still not returned which is worrying.
ONT needs to first break and hold above 0.00059.
On the 4hr and 8hr the MACD is crossing bullish.
On the 4hr the Wavetrend is finally coming out of oversold territory where it was since the beginning of July. The 8hr is still ...
Since BTC broke out of the downtrend channel we have continued to push up higher while heavily respecting the new uptrend channel
- our target for this move up is The pink box you see highlighted on the chart which was determined by looking at key resistance levels along with low volume wells on the VPVR
PAY-BTC: One more trade idea, this time the PAY-BTC pair. We can clearly see that there is interest in this coin since its OBV is printing all time highs, consequence of two spikes in volume, one in May and the other one at the end of last month. In spite of this increase in volume the prices moved down and even printed all time lows. In spite of this, the big ...
A quick update on my long term idea. I've extended the Gann square a bit + making the arcs aligned with the lower points (marked with green circles).
This gives the target: 4280$
When: 19. July.
Good luck!
A quick update on my long term idea. I've extended the Gann square a bit + making the arcs aligned with the lower points (point 1 and 3).
This gives a new target point which I think should be more likely (I know you bulls hate me right now): 0,3215$
When: 19. July.
This also fits in with the rule of golden ratio: (a+b)/a = a/b = 1.618 (Drawed with blue ...
Netflix keeping pace with the other Major Tech Stocks, and outpacing the industry itself. The Stock soared from 12/12/27 to 3/9/18, followed by a short term reversal until 4/5/18. This happened to coincide with the 50% fibonacci ratio from the previous climb and bounced right off it. the momentum carried it above the 100% previous resistance lines, above the ...
Alright, many of you are probably not trading norwegian krones but maybe this could be an idea on other trading pairs?
I'm currently short on EURNOK, but I think it will turn up in beginning of October:
Entry on a long position: 9.24NOK
When: 3. October 2018
Arguments:
- It is currently in a rising wedge and 4. wave is the next stop.
- This is confirmed by ...
Comparison: 2014
Consideration (Indicators): Ichimoku, Bbands, Smoothed moving averages 50-100-200, Volume, sRSI
Along with analysis my gut feeling says price might go near 8k from a local bottom here and still continue the downtrend to make a new bottom in coming weeks.
This is not a financial advice and just my observation. I hope my analysis helps you in ...
