The negative volume trend falsified the positive PA trend. Now the small downtrend spikes are accompanied by an increasing volume, confirming the downtrend. On the TA side, the ascending triangle got broken and confirmed. Notice how the downspike breaking the triangle is greater than the preceding ones, and it has an increasing volume spike as it goes through...
The graph shows the formation of a Head and Shoulders pattern. Maybe there's going to be another confirmation, but the way is down one last time. It won't stay down for long anyway, imho
The title says it all. The volume also contradicts the bearish trend and confirms the subsequent bullish trend/correction. Hope this helps you in your market analysis!
Volume trend is negating this ascending price trend, it is an evident bear flag. I'd expect some sideways movement next or downside directly. I'm shorting either way.
This is a short and simple analysis. Multi-year long ascending trend line broken and retested. Since 2017 PA formed a double top which is now being retested. This thesis is also confirmed by volume ascending trend with dumping PA, and volume descending trend now that PA is retesting previous support => correction. Only thing to expect next is continuation of...
Volume is descending with PA in the short term, contradicting the short term bearish trend. Volume is ascending with PA on the long term, confirming the long term bullish trend. => what we are seeing is a correction. PA will drift lower until a significant breakout on the descending volume trend happens. PA will go again parabolic to the upside after that. I...
Last corrective pump is being rejected by previous accumulation pivots and PA promptly printed yet another double top. PA already broke and retested ascending trend lines. My bearish bias still stands. I don't even think we're going to see new higher highs with this fake pump... I expect some sideways action and then dump.
I don't know exactly what to expect with crypto market dumping, but QNT never ceases to look super bullish. Probably PA will do some sideways movement, maybe some other confirmations of the pattern and then up... The pattern is printed in the chart with a confirmation coming with it so it's justifiable to expect the pattern to hold from now on.
PA is retesting the trend line of this double bottom pattern printed by ETHBTC's PA.
Nothing sophisticated, ascending volume trend and ascending PA. DOGE is on a bull run right now.
I'm bullish on LTC, trend is positive and a double bottom already happened, but expecting crypto market dump soon so lower prices ahead are to be expected IMO. This is also confirmed by negative (statistical) skewness trend (pale red line), and negative volume trend yet to breakout. I see a possible double bottom forming on LTC on an important...
BTCUSD 1H - H&S with confirmations - Volume descending trend matured - MTF Volatility stop bearish break after long consolidation Expecting volatility in the next hours, with direction to the downside.
ETHBTC PA confirmed the Inverse Head and Shoulders multiple times with also a high volume wick that was also a breakout of the descending volume trend. This is good for ETH and alts.
Crypto market is dumping, so obviously I'm not saying ETH is going to make some magic pump. I only expect ETH to behave in a less bearish manner compared to BTC. In my previous ideas I spotted a Cup&Handle formation with a H&S at the handle, which dumped PA to the support which then corrected with high amounts of volume. It created this inverted H&S formation...
This is the best chart out there right now. Inverted H&S with clear confirmation. Crypto dump hasn't ended though, so maybe the price will be able to go a bit further down, but who knows maybe it will hold 100~110. Anyway this coin remains a very bullish coin with gigantic upside potential.
In the graph I have drawn and described the lines describing price and volume trends and their relationship to understand what's going on. First thing I noticed the peak of volume happens in the mid of the leg down, and went to 0 meaning sell pressure gone and after that a correction to 1300 happened. Right now the price is consolidating at 1250, but by the...
BTC and the whole crypto market is dumping as predicted. ETHBTC PA still behaving bearish even at support. What I mean by that is that I only see continuous creation of ascending trends with bearish break and retests. I expect further downside with greater emphasis on ETH than BTC. My previous Cup&Handle idea seems to have been already invalidated or on the...
I have already posted ideas about the recent bearish action of ETH. On a macroscopic scale though we can clearly see how a Cup&Handle formation is developing on ETHBTC, meaning I expect bullish action after the bear cycle dump... Altseason? That remains to be seen, although my expectations are high, but for now bearish bias stands seeing how after the pump a...