Bitcoin has been stuck in a range for the past 3 months. On the daily chart, it's hovering at the top. The Visible Range Volume Profile ( VRVP ) indicates a zone of high volume at $63k, suggesting this could be the next significant support level. Analysis : - Range : BTC has been trading within a range defined by $63k and $72k for 3 months. - Top of Range :...
🦋” ” 🦋 🚀📈 Dear Traders, We are convening a discussion focused on #FIOUSDT The Falling Wedge Pattern is Formed Now it's Ready to Break the Pattern In Case of Successful Breakout, Expecting a Bullish Move of 30-35%🚀😉 #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc #cryptotrading #cryptonews #eth #cryptocurrencies #nft #bitcoinnews #bitcoins...
If small cap stocks ACTUALLY start to pop, pay attention to medium to larger named small caps since money is still needing some security. This one is breaking a long term down trend with a huge move and good news. $2.77!
4:00pm - 5:00pm - good session today! - no bad trades (I think) +2 RR
NZDUSD buy opportunity at those level. buy orders sitting there to be filled
On Crude Oil, it's nice to see a strong buying reaction at the price of 79.85 . There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. Strong uptrend and...
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from...
USO follows the futures prices of oil barrels. On this 30 minute chart, price falls have been rejected by the POC line of the volume profile and the Lux Algo Donchian channel has transitioned from downgoing to trending up. The dual TF RSI of Chris Moody now shows RSI holding above 50 in both the 15 min and 60 min TFs. Net distribution has bottomed out and...
USO while the middle east, the Houthi rebels and the Suez Canal shipping quagmire affect oil liquidity globally and prices at the pump continue to be volatile the federal government seeks contracts to restore the national strategic reserves depleted in the last supply demand challenge while the presidential and congressional election cycle starts warming...
MACD Cross is in play. If it succeeds, stock can go to its next leg up with good volume. Keep an eye on stock for the coming weeks.
This wedge pattern is a strong bullish signal for Solana, in my opinion. It's in a slight downward trend currently, but I do believe considering the high volume support around the $150 zone, that it will tap there and then eventually soar to new all-time highs.
SPCE has lots of potential but sometimes gets bogged down with "technical difficulties" It is burning cash just less than the analysts have predicted. As such it is a risky trade. Best probabilities for success on a long trade is to buy as low as possible and hope that is its now putting in a reliable double bottom on a six month trend down. On the 30 minute...
NVAX powered off its earnings and a news catalyst and is overdue now for a correction. While in an ascending channel NVAX is now at the bottom of the channel perhaps due to the general market moves this week. From here it can move up in the channel or breakdown and fall into a significant correction from the uptrend since May 10th. I am bullish on NVAX and...
OGI has completed another trend up from the federal news about a push for legalization of marijuana as a handout from incumbents seeking another term. My recent idea on OGI as to demonstrate its suitability for high return short duration swing trades to add compounding into the profit and returns. The increased volatility due to the federal news only adds...
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from...
I do not like this zone. Fibs is showing a pickup at 0.786. But it's right at a point of massive contract volume. Anything can happen around there... If you see clear reversal at M15 and strong bullish momentum it's safe to buy from zone to zone. Be careful at the hourly ceiling and the hourly floor. When it gets there we need clear reversals in H1. Don't...
4:00pm - 5:00pm learned some stuff again: LOCK IN PnL: +1 RR
SBUX on a daily chart with two sets of VWAP bands anchored to dates back in one year ago and two years ago shows SBUX to be at the same price level as the low pivot of 2022. Price has bounced off the lower most of the VWAP bands and moved up in the past three trading days with higher than usual volume. I believe that short traders are buying to cover and...