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 !!
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...
A very strong company clearly building some much needed liquidity for a further push up. Very controlled selling algorithms in play right now and most importantly, with yellow tapered buying in control of price right now, we will need to prove some sell-side tapering on magenta before activating orange strong buying for the breakout. This breakout of controlled...
As we see, demand for the crypto is increasing and at some point gathering the volume for buy. Previous ATH is mighty. Good Luck to All!
PYPL on the 30-minute chart over the past week fell 10 %, Based on the anchored VWAP bands as well as the volume profile it is in deep oversold territory potentially as a reaction to the stablecoin plan. Volumes are relatively hig while the ZL MACD has had a line cross under a flipping histogram. I see this as an excellent long swing trade setup targeting the...
BItcoin is still a long but could be getting some resistance in the push over $50 K USD. It pulled back into a dip for the NY morning open and got the volume push. Got more on the options. Crypto stoeck still airborne including CLSK. BITF, BETS, HUT, MSTR and RIOT. Watching my positions closely as BTCUSD could roll over here.
I see Bitcoin as ready to fall as its next move. Short sellers are positioning. Volumes are falling in a signal of capitulation. Relative strength is showing bearish divergence while price is in consolidation. The boxes are checked and it is the weekend when the price volume trend is typically sideways. This is demonstrated by the flatline PVT. I will...