Volume

Bitcoin/crypto enthusiasts advocate (paraphrasing with broad strokes) bitcoin as the evolution of currency from decentralized gold, to centralized fiat, and now decentralized blockchain. The charts we are going to look at are going to suggest 1) Bitcoins chart for 20014 to today looks a lot like gold between 2008 to 2013 2) Bitcions current price action don’t...

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...

Since 10 months XRP is in a consolidation area between 25 and 60 Cents and it looks like the same situation it had around December 2016 (not 2017!) but with a considerably lower volume. According to my Elliott counting it is still in final subwave C of wave (4) and the market is deciding where C should end. Therefore it has formed a descending triangle which...

While Bitcoin continues to rise and reclaim market dominance, nearly all altcoins have failed to keep up with the pace. This has resulted in nearly all BTC alt pairs to plummet into the abyss with little or no sign of support. While searching for BTC alt support, and since this market likes to move together, it makes sense for Bitcoin Domiance data to play as an...

AngloGold has been the strongest stock of the gold miners and the strength continues. There have been some reaccumulation ranges that have formed. The latest range has been an upsloping range with institutional buying on the way up seen by the increased volume on the increases. We have seen a spring and break of the recent TR with volume pushing it along. Negative...

The price action is completing the shark pattern and soon it will be entered in PRZ area after completed the C to D leg. The RSI on week chart is already oversold. Volume profile showing no interest of traders at this area. Soon the price line will take bullish divergence from potential reversal zone to hit the sell targets inha Allah. The targets are: Buy...

Strong Bullish Signal: The price demonstrated a sharp growth supported by the large volume, which is a good indicator of bulls strength. Volume Zones: We need to allocated an important level of support 1493.20, which contains the large volume. Sentiment: This indicator shows that 68% retails traders are in short positions, which is a good additional signal for...

Trying some volume profile combined with something that looks like Gartley pattern (with some error). By doing so it looks quite bearish at the moment. It could also rise further up to the 0.886 fib level where we find another volum level. If so, it it will complete leg 4 of a big triangle pattern. 50MA and 200MA are also beeing crossed at the moment. Possible...

The price action has formed a bearish shark from X to C leg. Now the priceline has entered in potential reversal zone and we have pivot 1st support withing this PRZ area which will push the up to hit the sell targets soon insha Allah. Volume profile is also showing very poor interest of traders in this area. The targets are: Buy between: 0.00000168 to...

Usually gold and the dollar move opposite directions, but both XAUUSD and DXY are up since late June. The dollar index is holding above its upward trend line and poised to possibly bounce higher in the coming week. Meanwhile, gold is in overbought territory on the RSI and making bearish...

Strong Bearish Signal: THe price resumed falling and now is testing the local minimum. The move was supported by the increased institutional volume. Besides it, the large negative delta means that bears are prevailing the market now. Volume Zones: We need to allocated the support level/local minimum 0.6767. Sentiment: This indicator shows that 97% retails...

XRP/BTC has looked extremely bearish in 2019 but a reversal could be on the way soon. A falling wedge is forming on the weekly chart. The bottom of the wedge appears to end right in the buy zone (a full retracement of price in Dec. 2017). The top of the zone starts ar 2300 sats and ends around 1500 sats. If price breaks below that, who knows how low this can...

Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to...

The priceline of Ankr / Bitcoin Cryptocurrency is moving within a parallel channel. Now the price action has hit the support of channel. The RSI is already in oversold zone. Volume profile is showing weak interest of traders below the channel's support. A double bottom formation is expected. From here the price action will take bullish divergence soon insha Allah...

Nano has had some great results recently but it is coming down in a heavy bearish correction. Nano is a good asset for the long term with its capabilities against Bitcoin for payments. As a long term hold this is a good one but not where it is right now...

The second largest cryptocurrency is moving within a pennant and now the priceline has hit the pennant support. We have a 200 MA as firm support beneath the pennant's support. The volume profile is also showing weak interest of traders at this point. The RSI was already oversold and now turned bullish. The MACD also has given weak bullish signals. We have a...

If there has ever been a more Bullish scenario on anything it is this. honest upside potentials in the 1000's of % I am in for the long haul on this one. Fundamentals: One of the best teams in the cryptospace Unique product and usable for both commercial, industrial and retail cases. An onslaught of recent Financial data breaches, leaks and hacks A growing...

We have seen a long distribution trading range (TR) which formed from 2013 to 2018 that is now playing out to the downside. The markdown has now had a redistribution TR form and has reached the overbought line of the downward stride. Expecting the markdown to continue with a break of the TR.