Volumeanalysis
ANCUSD: Volume Spikes into a Bullish Deep Gartley 0.886 PCZWe've had alot of bearish volume come in to attack the PCZ of this Deep Gartley the last few days but yesterday we closed above the 0.886 with more volume than the previous 5 days of declining bearish volume and Bullishly Engulfed the previous day's price action. As a result i will be expecting to see ANC become a bullish outperformer in the near future.
$BLUR long enteredLooking for a retest of some higher volume nodes higher. I like the formation here with yesterdays drop into a roll over with bounce again. Much healthier formation and potential base to move higher from.
Have some high volume areas that may be resistance on the way up. Orange lines are weekly POC's and yellow are daily POC's.
I'm long at 0.775
CRM Setting Up for Earnings Next WeekCRM reports earnings next week. This was a pre-earnings run that settled into an unstable sideways trend and then went down due to a lack of strong retail buying.
Volume is exceedingly low to the downside. This is not a sell short setup. Buy zone support is too close from the bottom formation.
NVDA had a similar pattern and gapped up on its earnings release news.
AUDUSD low risk for shortHi guys!"
AUDUSD has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.
SWING EUR/USD 1D timeframe 💶The two specific levels mentioned are 1.03462 and 0.98358, which are referred to as support zones. These levels are important because they represent areas where there is significant demand for the currency pair.
🔴🔴🔴
In this scenario, My trade is entering a short position on the EUR/USD currency pair with an entry point of 1.06197 and a stop loss at 1.07967.
This means that I'm betting that the value of the EUR/USD will decrease.
Happy trading guys :) B
RIOT - Adam and Eve pattern in the making?RIOT appears to be forming an Adam and Eve pattern (8 months in the making now) with the stock flirting with the 200 day moving average since 30 Jan this year.
What is worth noting was its volume pattern since the start of this year: higher volume up days (accumulation) vs lower volume down days (distributions). A tell tale sign that the stock is probably on investors' radar rather than shortists' at current prices.
While it is tempting to long the stock at current levels, there is still risk that the stock could continue to trade sideways for a (long) while more. I would probably wait for a break above 7.78 (neckline 1) to initiate some long positions. Even so, be mindful of headwinds @ 8.67 (neckline 2) and then @ 10.52 (neckline 3).
However, should the stock be able to clear above 10.52 eventually, then it is a stronger signal that uptrend is underway (volatility not withstanding).
p/s buy the dips is also a good strategy once an uptrend is established.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
$SOL - Beast ready to Hunt ShortersHello my Fellow TraderZ,
Two days back I posted the potential breakout of #Solana which has happened already and price has showed a significant move.
Just look at the VOLUME + Breakout Candle on 4 HTF - Fabolous.
For now I'm Targeting $30. Incase that is broken be ready for the LONG party.
Follow me for the alpha analysis coming shortly.
CHEERS!!! FAM.
Ocean Protocol is ready to explode.IDEAL ENTRY - 0.45
ACTUAL ENTRY 0.49
FIRST TP @ .70
LETTING THE REST RIDE TO ATH
20x LEVERAGE
NO STOP LOSS.
REASONS FOR TRADE-
ACCUMULATION DISTRIBUTION x RSI x VOLUME indicators signalling bullish to me. all of these plus price action has simply made me optimisic and highly confident in gains from my entry of 0.49
GOODLUCK
GOLDEN CROSSToday, Medipharm Labs's 50-day moving average line crossed above its 200-day moving average line, forming a GOLDEN CROSS, a STRONG BULLISH signal.
Today, the stock went up by 13.33% on more than 4 times average daily volume.
Tradingview's technical analysis summary is BUY:
www.tradingview.com
GLTA!
Bitcoin: Price and Volume Are Bullish! 🚀 Buy Signal ConfirmedA Bitcoin entry here is ideal for a long-term hold for this new 4-year cycle.
⭐ Price = Result
⭐ Volume = Effort
The Weekly price action is above resistance and the result is confirmed by On Balance Volume moving above its 21 Week Simple Moving Average.
SNAP - could be emerging from baseSNAP plunged 10.3% on 1st Feb after announcing yet another quarter of dismal results. However, what happened after that is interesting.
The stock began to recover steadily in the last 3 days on good volume, a stark contrast to the correction the general market was experiencing. This exhibits "hidden" strength / support for the stock.
There is a good chance it is going to test a critical neckline @ 12.94 in the coming days. Should it begin to break above this neckline and also the 200 day MA, then the odds are good then it has entered into a recovery phase.
Let's wait and see.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
User Request: How to Set Pull Back Alert on Bull Bear Power VoidOne of the users following me asked a really good question.
Thanks @Manu45e for this one. Its actually a really important thing to know about.
This will help you understand when a pullback is over and its time for a continuation trade.
1. Wait for HTF Volume to cross down below the ZERO level
2. Wait for Volume to turn BLUE while still below ZERO
3. Wait for Blue Volume to cross ABOVE the zero level
4. You need to already have current volume above the Bullish side of the VOID
Continuation trade confirmed.
For this you are going to need one indicator.
The Bull Bear Power Void
Make sure to click the image below and also click the BOOST button on that page to make it popular.
Here's the indicator
TOST - Emerging from BaseTOST hit bottom 8.5 months ago on 12 May 2022 and began a 2 stage basing, lasting 3 and 5+ months respectively (pink and blue box shown on chart).
During its basing, there were high volume accumulations on numerous occasions.
Stage 2 basing occurred over 5.5 months with the stock whip-sawing around its 200 day moving average until the MA is no longer downward sloping but completely flat now (and ready to turn up...).
Yesterday the stock finally pierced above the a critical neckline @ 22.50 and has remained above so far. The odds of this being a successful breakup is much greater now owing to the shift in overall market sentiment.
An aggressive trader would enter on the breakof the neckline (Entry 1) with initial stop loss placed just below the most recent pivot low @20. The more conservative trader could wait until the uptrend is slightly more established and enter at #2.
Watch out for earnings expected on 14 Feb.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
(XRP) Could catch a falling knife with this beautiful confluenceIf this local potential bear flag plays out exactly to the dollar on a resistance that is a directly on a trend line, a daily S/R level and some fib levels with market cipher b showing 1 hour divs and lower timeframes showing clear bullish divs as price hits the level it could make for a nice trade as XRP clearly likes to drop quickly and come back up.