JMIA is currently working on a beautiful bull flag. Riding the 20 EMA on the 65min chart, and showing some really bullish volume patterns. First target: $8
Unusual volume spotted on COTUSDT. Circulating supply now is 394M coins. This week's volume is 100M coins, 33M of which was traded on the move up in 4h. Probably coin will be listed somewhere. I will put this idea here to come back in future and check what was the reason of such a move.
We will need to see tapering under our magenta buying channel which failed to pick up price. And if we see that throughout the day today, I will look for either a rejection from our strong selling green (on the daily) or our more tapered selling teal (which is strong selling on the weekly). Keep an eye out for these and join my livestream at market open to see...
This will make more sense to you if you've watched my previous videos on META or really anything - same analysis, different equity. Keep an eye out for a rejection of this levels especially near teal which will be the driver to take us down. Livestreaming at 9:30 AM EST today for those who want to see me approach this in real time! Happy Trading :)
Support by an algo leads to resistance by that algo. In this case, we were no longer supported by teal selling but rather by HTF buying continuation. You could see that in order to finally break out of the tapered teal selling, we needed for price to build liquidity until it could activate our HTF buying continuation algos. More analysis like this to come! Stay...
## Bitcoin Poised for Surge? RSI Hints at Upswing Technical indicators on TradingView suggest Bitcoin may be primed for a rise in price. The Relative Strength Index (RSI) on the 2-hour timeframe, which measures price momentum based on 14-minute intervals and volume, currently sits at 48. This value indicates that Bitcoin is neither overbought nor oversold,...
GE on the weekly chart has been in a trend up with some corrections along the way since a double bottom in the summer of 2022. It has had some sections spin-off including the health care poriton of the company. This company as a mega-cap industrial with cash on hand is independent of interest rate concerns. Much of its business in long term contracts. I...
AVAX / EURO Relative strenght here along with INJ ✅Nice potential ascending triangle breakout ✅Breakout in OBV ✅Volume increase, above 100Day & good R:R I have been sitting on an AVAX position since the last crypto cycle and have not added to it. I might today though..... CRYPTOCAP:AVAX CRYPTOCAP:INJ #Altseason2024
higher time frame liquidity dump confirmed, data backs it !!
The accumulation phase will end with the break of the resistance zone at $10.72 to $11.39 and the strong upward movement will begin. TPs: $16.5 $28 $41 $120 Good luck!
PDD continues to pull back and that is okay. But we do need to see some of our stronger buying continuation algos activate and get to work or else there is plenty more room to the downside. As you can see on this weekly chart, we are in a HTF large selling algo in teal. To break out of this we will need to be activated in our strong yellow/orange buying...
Cup and handle formation good volume EMA 10 crossing up EMA 30 daily ( momentum) r/r ratio 3:1 good trade
This does not imply 2020 to me but rather resistance in the form of a pullback vs consolidation before the next leg up. I'll mark this neutral since I would only use this as one tool of many to make a better decision on direction.
Settings for Davidd's Trendhoo strategy on RUNEUSDT.P Bybit 15m long only
I will plan my daytrades around these key levels found with careful analysis.
Supports and resistances are squishing XRP's price volatility, setting up a big movement. Extremely low price volatility and volume at the moment. XRP.D is low as well. Token sentiment is also very negative. Price is still below the rising MA200, which is a buy. Fixed range volume profile gives us a short-term resistance of 0.615$. Support is 0.495$ and 0.43$....
targeting fridays buy side liquidity, with valid accumulation from todays london and assia !! above fridays high is daily supply !! 1-19.77rr trade, currently at 1-4
This analysis examines the current state of the XVS cryptocurrency and assesses its potential future direction. Technical Analysis: Battling Weekly Resistance: XVS is facing a significant hurdle at the weekly resistance level, which could determine the course of its future trend. Escaping the Accumulation Box: The recent breakout from the daily accumulation box...