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.
We have some bearish divergence on the S&500 1D chart, so it's possible we could see a small to medium sized pull back on Monday.
The purple route is the more bearish route while the blue route is less bearish, just filling the gap from Sep 19-20.
I'm not really "bearish" on the stock market quite yet. I realize we are extremely overbought and I would advise ...
How important is volume on the Bitcoin chart when price is inside a range? I hope all of you know. Candlestick patterns and volume give good insights on what price is doing inside a box like the one we had since the final stages of last month.
Looking at the last swing lows there is a high probability of a long swing position for the mother of Coins. Every ...
The last 9 months for the crpyto market has been a brutal place for the bulls and long term hodlers. Ethereum has seen nearly a 89% drop from the top to the recent bottom of $170.
Looking at price action alone, many would say the Ethereum bear run is far from over. However, when taking volume into account, others could say the bottom may be near.
- The Analysis - ...
Since the publication of the idea, the coin has added about 30% in price, which in itself is no longer a bad result. The volumes continue to grow, which may indicate large purchases and preparation for a pump similar to the one we observed in VIBE.
However, in the market everything may not be what it seems, so it's better to put stops just below the closing of the ...
Look at the volume at earnings day on 24 August 2018. 11 million(average daily volume is 2million) at median price $119, low was $115 which is current price... Zoom into 30 minutes chart during the earnings day and you will see the low $115 happened for only the first 30 minutes... and the 6 hours were at $119 plus for that day. This means it was severely skewed ...
A nice 70%+ jump on XRP this month as CBOE contracts expiration on 19 September. I expect a lot more to come on XRP in longer term time frame. For short-term i will trade and scalp and secure my profit. As the instrumental is not always go north and you can always enter again later.
Well, XRP seems having a problem as "centralized" issues coming out along with 8 ...
This weekly chart of the EURUSD may be a bit cluttered but the EURUSD is showing some mixed signals and requires a bit more detail to try to understand the potential trend. Using the Larry Williams COT Index we see that USD Commercial Interest is at extreme lows, indicating a potential for selling of the USD to step in. However, these extreme levels could be held ...
On the weekly TF RMB Holdings has been re-accumulating and broke the trading range with good signs of strength (SOS) (or Jumped the creek according to Wyckoff terminology). There has been a back-up and we are potentially looking at the start of the Mark-up Phase E. The stock is also showing leadership against the Wyckoff Wave and increased volume on the up waves ...
ADA 30% + 100 % +
The ADA price fits well into the theory of Elliott waves. If the price crosses the shifted short MA, you can get a profitable deal.
If you take the risk now, you must set a stop-loss.
All good luck and good trade.
MR Price (MRP) has declined more than 25% between April and June. After a selling climax and change of character the stock has been in redistribution. The point of control is at the supply line. After two upthrusts (UT) have occurred and effort (as indicated by the OBV) without response in the price there has been a significant signs of weakness (SOW). The change ...
Preface
I'm neither a bear nor a bull. I've started doing research and can sum up one and one which should be two. But in my opinion for Bitcoin this is anything else but two for some time now.
Hello and welcome everybody,
please have a seat and take your popcorn and softdrink, the show has just begun. I know that the crypto market isn't regulated at all. I ...
This is not looking good at all. The Cup and Handle pattern is completed and this might trigger a big drop. The good news is that we might be in a descending wedge currently and this could give us a bounce upwards when the iv leg is completed.
Be careful on this one!
South 32 (S32) has broken key resistance at R40 on Friday and made new highs. With the push in to the level for the fourth time we could see good volume before the break. With the trend up we see relatively low volumes indicating that there is very little sellers in the market and they are holding onto their stock. We can expect a good push up to the overbought ...
Brait (BAT) stock is being accumulated since December 2017. A volume profile cluster is found between 37 and 39 were buyers have been active. After some high volume tests at the bottom of the range, a lower volume test indicates supply has dried up and the stock could be ready to be marked up. There is divergence between price and the Volume RSI. Once the ...
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 ...
