"VOLUME PRECEDES PRICE" OBV was the most reliable indicator that predicted the 20+ pump and predicted early enough providing close to 80% gains. The same indicator, OBV, now is in disagreement with current $BTC PA suggesting rather significant bearish divergence. OBV can be charted same as the price and generally follows S/R levels, bullish/bearish patterns,...
Indicator free, pure PA-based trade trial on LTF. Idea is based on support and resistance levels and simple supply and demand footprints on the chart. Also, weekend. Weekends are ugly.
Key elements on this chart are: - 50D MA - 200D MA - 200W MA - Death Cross - Golden Cross Idea is based on the assumption will reject from 200D MA or break above but fail to reclaim 200D MA as support. The bottom is estimated at a touch of 200W MA end of this year.
Neutral outlook for $ADA, major moves not anticipated
This is nested fib retracement for $MATIC providing you double TA with master high/low swing and child high/HL swing for $MATIC over the weekend, calculating the most likely areas where BUY and SELL will occur. Chart validity short-term projection only for few days only with bullish outlook considering impatient buy orders take place right above the entry of the BUY area.