Since August 2023, NEO has had a strong run, as have many altcoins, growing ~141%. It is now trading above all EMA's and recently rebounded from the 20-day EMA as support. NEO was one of the first 'larger' altcoins to break out of the bearish to bullish phase a few weeks ago. Since then, it has attempted to break the resistance at ~$15 - $15.60, 3-5 times...
Gooday GBP/AUD Reaches Fair Value. The ExodusTradingDesk has spotted fair price that we believe will produce a potential sell opportunity for the pair. We will sell the pair should we have a 30min candle close below the identified price zone at 1.90265 with our target set to 1.89557. Use adequate risk management if you are to execute a trade with this...
When analyzing Bitcoin, we can see that we had a nice move up from the lows. After this move up, we can see on the chart that it's struggling to get past the Point Of Control. Usually when the price gets rejected from the point of control, it tends to find the Value Area Low of the range before continuing its move up of finding new lows. Since bitcoin did break...
Some areas of confluence from which to potentially take some local scalps if as price hits these levels and market cipher shows divergence on both momentum and money flow from the 15 min chart to the 1 min chart. If price does not just plummet or jump upwards rapidly.
Between around 30.3k and 30.8k are some fresh resistance levels that are yet to be hit. If price comes into this box with the criteria frp, listed I will take a short risking 1%-2% of my entire account. *1hr money flow (Red/green oscillator waves) coming down and crossing the 0 line *1hr momentum creating a divergence (Blue oscillator waves) *1hr vwap...
these strategies are signaling the consolidative move isnt over, and revisiting mean and regression is likely theres no way to prove at the moment we will go through a phase like this, but if the opportunity presents itself its a path that mathematically makes sense
The Weekly Chart of AMZN shows that the stock has dropped into a strong support price level with a risk that there could be a Dark Pool Buy Zone here. The share price is now below fundamental values. With a month before AMZN reports earnings, it will be interesting to see how the stock behaves; it will reveal how well AMZN is recovering from the hyper revenues...
XPEV is presently finishing out a falling wedge pattern. As shown on the 30-minute chart, exponential moving averages are falling and converging in the narrow area where VWAP is trending. At lower time frames a "Golden Cross pattern" A stop loss can be set under the double or triple bottom with a target being the 1/2 of the way to swing high about 10%...
We have broken into a Naked Value Area, many opportunities awaits~! Let's see if the bulls can take control. Two key levels to watch before reaching the other side of the Value Area.
As you can see, the price is sitting in a large excess range, trying to push higher with the bullish momentum since the opening. Looks like it is feeling lots of selling pressure. But if we can break up and into the higher naked value area, there is great opportunity for a bull run to the value area high. Otherwise, we might go back to the value area from...
A down trending value area Sellers resistance at top value area edge Daily stochastic at high extreme 5/20ma cross trigger stop loss previous high target value area control line or possible lower edge value area exit at re cross of 5/20ma
find the big value area on the 4hr or daily chart. find the small value areas within the big value area on the 1hr or 15min chart. when price moves to the outer edges of the big value area wait for a break of the small value area there. look for a rejection of that area for the entry. stop loss the small value control ling. target the big value control line.
A picture tells a thousand words. Let's learn to read the picture. Price is seeking value and creates a pattern. Small value areas form within a bigger value area. Trading opportunities arise at the outer edges of the bigger value areas target at the control line. The trend will change if the price starts making HH, HL, LL, LH. It will then start to form a new...
This shows you the power of finding the value area and control line zone, so you can trade with it along with the big market movers.
Looks like we just broke into a naked value area from last week. There is a single print area just on top of this area that has been acting as support/resistance level. If we can break that after breaking the upside of our current value area, we could be heading up. Otherwise, we are going back down.
I'm looking at MES on multiple time frames and I believe the 2hr chart gives some outstanding detail and clarity on what has been going on in the markets as of late. Using the fixed range volume profile tool and studying consolidation periods we can see that the perception of value has clearly dropped through the end of August and into September. While I will...
$BTC currently balancing on the VAL and wanting to go below it. Once we start moving down, the volume profile (right) suggests we will move down to 20850 at an increasing pace, possibly to halt there on support for a bit. **If** we lose that, I think there is potential for things to move downwards fast and rather steeply, as the volume profile suggests.
BYBIT:SOLUSDT Solana has been trading in a parallel channel since the 18th of May 22 and I continue my idea from yesterday that trading between the value area low, POC and daily level presents long and short opportunities if you are a scalper. In today's video I present a plan to long when price shows strength at the Value area low for the current range Not...