Happy Easter! Watched the fakeout, don't think we are finished up yet abd doubt the low is going to be as low as many hope.
If the pattern continues to play out I will add at confirmation of support after rebound of top of pattern. But when I keep looking at the volume traded in June compared to the rest of the history, it's just one of the many events that plays on the mind.
Increasing volume from October to November saw the price inflate to almost 400% of the $0.15 August support test. Unlike the Hindenburg, it did'nt explode at the top and plummet back down to the ground, but once the price popped, it has been steadily deflating and drifting back down toward $0.20. We have seen a rally this past week but unless we see volume, I...
Low test then High test? Have we broken out the flag or do we need to extend. Need to see $30 level hold as support then test the high. Don't long a double top, wait for confirmation of support after high test.
There's always trades in either direction, just got to make sure you always have patience on your Christmas list. Running out of patience is the leading cause of running out of money for traders. If you can get in early enough stick to the trend.
See chart notes Bit messy, I know, but, I didn't see much point spending a lot of time updating LTC chart. SHORT TERM LOOKING FOR CONFIRMATION OF SUPPORT FOLLOWED BY BREAK OF CURRENT RESISTANCE, 12M CLOSE
Are Chinese stocks going to be devalued to oblivion or should we be snapping them up on the lows?
Are Chinese stocks going to be devalued to oblivion or should we be snapping them up on the lows?
Analysis of Veeva triple top See chart for: Triple top Confirmation with sell volume increasing at peaks Weekly trend Support / Resistance Bearish Divergence Moving averages Shorted retest of support now resistance. Want to see a break of the Weekly 200EMA If price is supported, keep an eye on volume and add to short at wicks of retest of previous support /...
Volume dropped off a lot after the March high. Inside triangle 12month level support / resistance. Watching for another test of the high but needs to be with volume. Waiting for close below the ascending triangle to short. Take profit 2.1 Target 1.62
Long anywhere around 0.048 Stop below support Target 0.2
Saw a lot of excited XTZ to the moon charts today. There was a quick buy up today and I do have a $20 target based on previous price action and the weekly trend.
Long for this bounce but need to break above this resistance. If we don't break out I will be trading shorts from the resistance until we close a candle above it and longing wicks around the support line with stop in place for any close under lower support. If people don't want to buy $40k bitcoin , they won't buy $30k bitcoin when they know they can get $20k bitcoin .
Publishing this idea so I can clean up my chart and refer back to this. PURPLE BOX - MY CURRENT RANGE OF INTEREST * If 03/05 daily closes above 58000 and we can't close above 61200 level, I will be shorting as 64899 was the high. * If we close above that level and continue through 65000, I will be looking to short 68000-70000 but if we get FOMO I will move up...
ALL ABOARD THE DOGECOIN MARS EXPRESS! Bullish trend lines not broken! Moving averages OK! Selloff bought up quickly! Purple boxes are two levels there is no sell volume, spread buy orders here Stop just below 0.45 0.33-0.38 this previous resistance has not been retested, if you believe Doge is going to Mars, place buy orders here Keep an eye on sell volume...
On this chart I try to help you visualise the following: Resistance and Support levels using simple boxes or the help of the Volume Profile indicator. Divergence, Accumulation and FOMO using Volume bars versus price using only chart candles and the Volume bars indicator Top longing visualised with candles and the Volume Profile indicator Top longers, where...
Some tips to identify a reversal, minimise risk when choosing where to open a position and identify targets to close the position with less risk and more profit.
Enter $53110 Possible we dont see below $54k so spread your entry orders Height of pennant / triangle is target from breakout, close around $65k Could be a descending triangle could be a pennant, adjust as necessary as pattern develops