No selling pressure, maybe still going up and search the best price too go short. So best option is waiting at demand area, at fibo 38.2 - 50. When there is confirm price action, go for long.
BCDBTC shows bull priority. BitcoinDiamond is stronger then Bitcoin for this moment. The situation is similar to BCDUSDT: last 2 impulses - UP, last balance goes UP. At the moment we are watching the formation of the new potencial balance with the range 0333-0364. With a high probability the price can test the POC level of the previous balance - 0324. But Iif this...
BitcoinDiamond - very strong coin at the moment. The coin did not react to the market drop last week. In addition, it grew in price. A few minutes ago the price BCDUSD made a new impulse up and showed a retest at the level 2.10. So now we have a new potencial balance with the range 2.10-2.291. If this balance goes up, new target will be resistance area...
On Demand Area, there is no selling pressure, and the buyer start to add their trade. If price could break the down-trendline on H4, then the target 1 and 2 should be reached. The ideal area to go long is at the demand area. Trade with good money management, use good risk and reward ratio, ex : 1:1.5.
Its look like the price might be still going down.. best area to go short is at supply area. Always watch the price movement and wait for signal. (price action, break minor uptrendline at lower timeframe, or canddlestick pattern). Look for early entry point at lower timeframe. Always use good MM. ex: minimum risk reward ratio = 1:1.5
Hi, friends. The price is in the balance with the range 604-660. As long as the price is in the balance, we trade only from it borders. Otherwise, the stop loss will be your friend. If this balance goes up, with a high probability the price will breakout 700. First target - 710.8. If this balance goes down the price will fall to the support levels 575. This level...
The price trend show that it will be going up, but the best option to buy still at the 50 to 61.8 fibo retractment point. On the price volume show that the buy is at climax point, and some supply show some selling pressure at supply area. The best option now is to go short and take profit at range 50 to 61.8 fibo. Use good MM at least Risk ratio is 1:1.5.
You can see the recent moves and the signals to enter long or short on the VTA which performs fairly complex Volume Trend Analysis and distills it down to a simple icon in real time. The chart example shows recent moves on ETHUSD but works on any chart, it's based purely on volume and price so the underlying instrument doesn't really matter in terms of it's...
Hi, friends. Our last forecast was true again. At the moment, almost all coins are sluggish. The dominance of bitcoin has already reached 53% and it is not very good for all the crypto-currency market. But, despite this trading opportunities are still exist. Regarding the situation on XRP, we have 2 balances: - First balance (#1 on the chart) is more important...
We have a long signal coming in based on our proprietary volume analysis. It's invalid based on our trade advisory system but as with the UJ from earlier it's in a safe spot to go long. Entry (Strength): .65598 (Reverse Upthrust from our Main Systems) Stall Point: .65709 (Based on our Market Levels Indicator) Long term target: .66043 (Based on our Market Levels...
We just got a short signal on USDJPY Hourly. It is a bit risky given the USD strength but given the spot I thought it was safe for a quick trade. Entry Short is 111.346 Target is 111.246 Area of concern is 111.364 Levels are based on our Market Levels Indicator and Main Signals from our Volume Analysis system both of which are available here for a limited...
On the chart Ethereum looks weaker than Bitcoin. ETH reached level 358 and it’s minimum of 2018 (BTC is still above its minimum year). Numerous elements had contributed to that situation. First of all – wide balance (indicated on chart, range 400-482) goes down. Down impulse started, so we in priority of sales for now. Second – before the breakdown, we saw the...
Hi, friends. BTC is in the wide balance with the range 5800-6840. Mid-term up trend will begin if this wide balance goes up. Until this happens we must to trade inside the balance from it's borders. For this moment we see a bear initiative: bear reaction from the max volume which is located near the high balance level. At this moment the price reached midpoint...
Here are the last couple of indications using Volume Trend Analysis on BTCUSD Hourly using our Volume Trend Advisor which is available here on TradingView. The last indications are as follows Strength (Green square): Long entry at 6579.00 and closed at weakness indication at 6711.00 which was a 2+% return on the move or $132.00) Weakness(Red square): Close long...
I missed this one as it happened overnight but I wanted to show again how clear and powerful the entries are using the Volume Trend Analysis and our Volume Trend Advisor which is available on Trading View. After a nice short trade I posted about yesterday (Red Square) we got an indication that strength was coming back in (Green square). Long entry was at 6312.8...
Weakness has came in on the Volume Trend Advsior (Available on Trading View) BTCUSD 0.09% Hourly Chart. Entry is 6349 and short term target (stall point is 6289 with 6312 being an intermediate stall point) The last target from strength was hit and I linked to that one from here. There tends to be a bit of choppiness on the weekends but I saw the indication flip...
Here is an update on the last indications given by our Volume Trend Advisor (Available on TradingView) it shows the last swings based on Volume Trend Analysis: Last Entry (Strength): 6320.00 Upper Stall Point: 6417.00 Area Lower Stall Point: 6208.00 Area Previous Entries and Exits off VTA Indications: Strength: 5904.00 Exit: 6371.00 Weakness 6371.00 Exit:...
After a couple of really nice signal to signal swings, I expect the current weakness trend to end right around where the last strength trade started. (82.753) I am looking now to exit a short and enter long around the above level but will wait for the actual indication. The Volume Trend Advisor (The red and green indications) cannot repaint as it uses closed...