I applied the fixed range volume profile tool to the history of XRPBTC pair on Bittrex on a weekly timeframe. It shows a very well defined clear level of support and resistance formed by the POC. This has to be the most bullish chart out there. No doubt once XRPBTC breaks out of this zone, it will significantly outperform BTC. This is a regular scale /...
In this video I explain the current state of the Bitcoin market as seen through the lens of the latest pattern found in the forecast model, "The Lightning Volume". The Federal Reserves interest rate policy continues to create considerable headwinds for the Bitcoin price. When could it end? Watch this video and let me know your thoughts? Thanks for watching!
From the chart, i've used the Fixed Range Volume Profile (FRVP) and from monthly chart it shows that Bitcoin is in Bullrun position, also at the price range of 17k to 22k are inside the Point of Control (POC) area that might explain why there are sudden bullrun recently. This area might be a rebound area for the price to continue bull run, but there are also some...
My ceiling and floor prices for DigitalBits (XDB) are $0.0070 and $0.0058, respectively. Eight Chains printed a short signal. Our entry is $0.00677325 and our take profit targets are $0.0061 and $0.0058. I have a stop loss at $0.00704418. This is not financial advice. I am not your financial advisor. This is my opinion.
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 I hope you had a great weekend ! We're waking up today seeing altcoins gaining ground on BTC. This is a good sign,...
This week XRP has started to lead the way in the altcoin market. We've spend months at 30 cent price area. This is an price area at which XRP price historically spend most of the time, so it presents a good historical support. Just like with my last idea on BCH trading ranges, it goes the same for XRP. We have started to poke through red trading range and are...
We obviously fell a lot with BCH, but still price did not broke any multi year supports, set back in 2018. With such fall those yearly price gabs were closed and i am very positive that the bottom is in for BCH and other crypto. There is gonna be plenty of resistances back to the top. Those resistances are trading ranges or price areas where larger trading...
In forex the best suitable time frame is 4 hour. It gives us overall idea of trend. And if we add Fixed range volume profile gives idea of a important level in a range where we should keep our eyes. In this chart of EURUSD (4 hour) fixed range gives the level at 1.02 means that the level of 1.02 is quite hard to break. In this zone both bear and bulls are trying...
Right now there is panic due to America releasing the official statistics, BUT BTC is still the most stable thing on the market to invest into as some people say. I drew some price predictions and other stuff. The fixed volume shows the price that people most buy out BTC and I left the pivots there for you (Weekly). There is a technical flat for the last 1000...
If we can close of the month above $86.33 this would help confirm our Bat harmonic here and one can say would be bullish for cloud and tech stocks in general - .886 retracement - previous range POC - 1.272 extension from the top - Bat harmonic - .75 speed fan
1. MKRUSDT trading pair is in a global downward price channel. 2. The violet zone is the price area where the most amount of volume was traded. Through identification of areas of support and resistance, we identify areas in the market which will form barriers to the trading timeframe trend. We`ve defined our battlefield. Price then moves within the framework...
During the conduct of your analysis it is imperative that you remain aware of the whole area, even though your chart may show support and resistance represented by a single line. Be aware that the price may turn before the line; and that a break of that line does NOT necessarily constitute a break of the support and resistance level. *Notice, that the violet zone...
THE EURUSD PRICE reached a daily resistance level. the key level has broken, so i predict a bearish move📉 TARGET: 1.12921 🎯 if you enjoyed this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Fixed range volume telling similar story. But we have to be very cautious for both of the sides. As 'Fakeouts' may come to trap retailers.
Analysis Forecast: OANDA:HK33HKD Trading at Key Support. Supporting Technical Observations: 1. Price trades at High Volume Node & Fibo 61.80% (Golden Ratio). 2. Volume and Fund Flow Index (FFI) displayed climactic supply. Stop Loss If index breaks below 24,800, expect further mark down.
Hi Traders! The market is moving in a weak Downtrend. A weak Trend is a Trend with valid Hs and Ls and accompanying deep Retracement Moves. By the way: That's why Channels are almost everytime weak Trends. At the left hand side, we have a Break of the Weekly Trendline. After this Break we have Trending and Retracement Moves. At the last Trending Move (towards...
Positive Bais: Maruti has formed a clever Head & Shoulder pattern despite of that the current trend is in fast pace of Fib retracement of 0.38. I'm bullish for a long run if it susained above @6855 level. . Points to be Note (Technical + Fundamental) 1. Head & Shoulder pattern formation.\ 2. Anticipated rejection at level 7060 due to increased in sales. 3. ...
Hi traders, You see the chart in daily frame. I've drawn "fixed range volume profile" to explain and justify my thoughts. The red lines are the lines where there is most volume concentrated in that price. (according to ) So we see that in period 1, the red lines is near to the peak. That shows that people who bought at that area didn't sell. Under normal...