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XAUUSD - buy opportunityGOLD is in the main balance with the range 1307-1362. Last week we saw a false break down of this balance. That often indicates about the movement to the other side of balance. For now you can use 2 strategies: 1. Put buy-stop with the expectation of break out 1325 (aggressive). 2. Wait for a correction wave to the balance level 1307 (conservative). Stop-loss should be below the false break down, so the second option is more preferable. Also, second option have a much better risk/reward ratio. Target1: 1356 Target2: 1362
OANDA:XAUUSDLong
by DzenTrader
BCHUSD Volume Analysis Prediction 2/28/2018Hi, friends. What to expect from Bitcoin Cash? The main thing you must know that BCH is in mini-balance now with a range 1130-1295. For further growth the price needs to break out this mini-balance. If this happens we will see an upward movement to the levels 1510-1550. But if the this mini-balance goes down with a high probability we will see a new fall wave. Entry point: 1300 (Buy limit after break out) Stop: 1210 Target1: 1510 Target2: 1550 Glossary of terms Point of Control (P O C) – The price level for the time period with the highest traded volume . Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion. Balance - Accumulation Area. F L - flat level. T L - trend level. Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 2-3 fixing movement.
B
by mooncatcherpro
ETH/USD Volume Analysis Prediction 2/28/2018Hi, friends. ETH/USD is in the main balance with the range 775-975. For mid-term up trend this main balance must be goes up (breaks out and hold above 976). On intraday charts we have a bulls signs, but they are not yet strong enough. The price is above the @POC of February - it's a good sign for bulls. Breaks out of 895-900 will be a positive sign for further growth. Warning levels 838 and 775. If the price goes down below 838 (@POC of the month) it would be a bad signal for buyers. Level 775 - it's the last support (lower balance level).If the price break down and holds below level 775, with a high probability we will see a fall wave to the levels 625 or even 565. Glossary of terms Point of Control (P O C) – The price level for the time period with the highest traded volume . Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion. Balance - Accumulation Area. F L - flat level. T L - trend level. Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 2-3 fixing movement.
BITFINEX:ETHUSD
by mooncatcherpro
ETH/USD - buy opportunityHi, friends. ETHUSD is in a wide consolidation (balance1) with a range 580-1000. Yesterday the price breaks out level 850. Level 850 - it's very important because it is a high level of balance2 and it is a high level of ascending triangle. So now we have buy priority and we can buy on the retest to this level. But If false break out happens and the price will return back into the balance2 you need to close position immediately. Trade recommendation: entry - 851 stop - 820 target1 - 973 target2 - 998
BITFINEX:ETHUSDLong
by DzenTrader
1
XRP - level 1.00 is very important Ripple is the stronger than other coins on the market. The price breakout wide consolidation (balance 1). But there is a large vertical volumes now and we see a bearish price reaction after it. Also, if BTC goes down, XRP goes down too. What to expect now? If the price will return back into the balance1 and break down the level 0.98, it would be a false break out of balance1 and the price will falls to 0.8 with a high probability (to the level of balance2). To continue growth the price should rebound from level 1.00, it's very important. If the trend continues, we will see 1.35 soon.
BITFINEX:XRPUSD
by DzenTrader
3
BTCUSD - good opportunity to buyHi, friends. It's funny to read different analysts prediction about the price of $3000 per 1 BTC or $25,000 per 1 BTC. The real fact is that no one knows this. We do not have to guess what the price will be in the future, we must to trade the present, the current market conditions and enter into the market in the same direction as Big guys (Smart money, Big Money, whatever). The structure of the market is the same as 100 years ago. First - the price accumulates in a wide corridor, and then goes into a trend. When the large players close their positions (fix), then and a new consolidation begins. It's a cycle. What we have now on BTCUSD? Bitcoin is in the uptrend. Now there is a correction wave to the upper balance level. We can open buy position in support zone 8660-9000. If the price breaks down 7850, that would be a bad signal for BTC and with a high probability we will see a new fall wave to the lower main-balance level 6000.
BITFINEX:BTCUSDLong
by DzenTrader
EURUSD is in wide rangeHi, friends. What we have now on EURUSD? The pair is in wide main-balance with range 1.2215-1.2520. We can try to buy from the lower balance level (1.2215). But this signal is not so strong, better way is to wait a confirmation (false break or big volume) on this level. Also, we can buy with a short stop-loss if our mini-balance goes up (retest 1.2360). But the best signal would be if we will wait while this main balance goes up or down and a new mid-term trend will begin. So, decision up to you. Be carefull with a trade inside the main-balance
by DzenTrader
2
ETH/USD Volume Analysis Prediction 2/20/2018Hi, friends. While Bitcoin is growing, the Ethereum remains at the same place. Why is this happening? Let's find out it. ETH is in main balance which consists of 2 another mini-balances. For mid-term up trend the price must to breaks out and holds above level 1000. Best way is to waiting while this main balance goes up and then buy ETH on correction to balance level. Always remember about false break - if false break out of 1000 happens and the price will return back into the balance you need to close position immediately. Glossary of terms Point of Control (P O C) – The price level for the time period with the highest traded volume . Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion. Balance - Accumulation Area. F L - flat level. T L - trend level. Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 2-3 fixing movement.
BITFINEX:ETHUSD
by mooncatcherpro
BCH/USD Volume Analysis Prediction 2/15/2018Hi, friends. BCH have a good opportunity for buy. If the mini-balance goes up then a new uptrend will begin. You can search buy opportunity after breakout 1381. But if false break out happens and the price will return back into the balance you need to close position immediately. Trade recommendation: Entry point: 1381(conservative - buy limit after breakout and holds above), 1381(aggressive - buy stop to catch the possible breakout) Stop: 1233 Target1: 1752 Glossary of terms Point of Control (P O C) – The price level for the time period with the highest traded volume . Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion. Balance - Accumulation Area. F L - flat level. T L - trend level. Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 2-3 fixing movement.
B
by mooncatcherpro
Bitcoin Futures - Volume Analysis Prediction 2/16/2018Hi, friend. This is Bitcoin Futures (CME contract) analysis. I think we must to analyze it, because this instrument plays an important role of bitcoin priceformation on other exchanges. Also, the volumes on the Bitcoin Future is constantly growing and more institutional investors are entering the market. What we see now on BTC Futures? The price has reached important resistance levels - P O C of January contract and the lower level of previous balance (consolidation). If the price breaks out level 10250 and holds above next target will be 11150. On cryptoexchanges it would 11200. But I would rather wait for a rollback to the upper balance level 9100 or support zone (8700-9100). These levels are much better for opening buy positions. Trade recommendation (appropriate for cryptoexhanges): Entry point: 8700-9100 Stop: 8200 Target: 11150 Glossary of terms Point of Control (P O C) – The price level for the time period with the highest traded volume . Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion. Balance - Accumulation Area. F L - flat level. T L - trend level. Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 2-3 fixing movement.
CME:BTCG2018Long
by mooncatcherpro
EURUSD - balance range (1.2218-1.2295)EURUSD is in balance (consolidation) now with a range levels 1.2218-1.2295. In Friday we saw a false break down of this balance. What to do now? There are 3 options in this case: p 1. Trade after consolidation will be break up. If the price breaks out level 1.2295 and holds above, we must wait for a correction to upper balance level and than buy. p 2. Trade after consolidation will be break down. If the price breaks out level 1.2218 and holds below, we must wait for a correction to lower balance level and than sell. But you must remember - if false break out/down happens and the price will return back into the balance you need to close position immediately. p 3. Trade inside the balance from the lower balance level (it's not recommended to trade against a false break out/down). In this case you need to put stop below the false break down.
by DzenTrader
BCH/USD Volume Analysis Prediction 2/8/2018We are in balance now. If the balance goes up then a new uptrend will begin. So if the price breaks out level 1335 and holds above, we must wait for a correction to upper/lower balance level. On intraday chart we have a strong bullish trend. Trade recommendation: Entry point: 1352 (buy limit) after break out. Stop: 1140 Target1: 1600 Target2: 1750 Target3: 2000 Glossary of terms Point of Control (P O C) – The price level for the time period with the highest traded volume . Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion. Balance - Accumulation Area.
BLong
by mooncatcherpro
BTC/USD Volume Analysis Prediction 2/13/2018Hi, friends. Do you know why it is so difficult to trade bitcoin now? Because we have a mini-balance inside the main balance. Our main balance has a range 6000-9500. Our mini-balance has a range 7850-9000. If the price breaks out level 9000 and holds above it would be a good sign for further BTC growth. But for mid-term up trend we still need to break out 9500. If this mini-balance (7850-9000) goes down then a new down wave will begin and we will see fall to 6500. You can trade only intraday with a short targets. For example, you can buy from the lower mini-balance level 7850 with the targets 8500 and 9000. Stop-loss must be placed below mini balance - 7630. But the best way for now is to trade only when the main balance will be break out/down. Glossary of terms Point of Control (P O C) – The price level for the time period with the highest traded volume . Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion. Balance - Accumulation Area. F L - flat level. T L - trend level. Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 2-3 fixing movement.
BITFINEX:BTCUSD
by mooncatcherpro
4
BTC/USD Volume Analysis Prediction 2/9/2018Hi, friends. What to expect from bitcoin now? Let's find it out . What do we have now? After first fixing volume (point 1) the price shows bullish reaction. A correction wave after first fixing often indicates a possible new balance level . After some time we saw a new large vertical volumes (point 2) and then the price came to the point where we are now. In summary, BTCUSD is in the wide consolidation (balance) with the range 6000-9500 (balance 1, high probability) or 6000-8650 (balance 2, low probability). A new mid-term (or even long-term) uptrend will begin if this balance breaks up. Witin the balance we must work from its levels. On the chart I selected 2 zones that we can use: resistance zone (9100-9500) and support zone (6000-6450). So, we need to be patient now and wait when the price will reach those zones. You can trade only intraday and short targets only. Glossary of terms Point of Control (P O C) – The price level for the time period with the highest traded volume . Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion. Balance - Accumulation Area. F L - flat level. T L - trend level.
BITFINEX:BTCUSD
by mooncatcherpro
BTC/USD - long opportunity with a short targetHi, friends. BTCUSD is in the wide consolidation (balance1) with a range 6000-9500. On intraday charts we have an up trend. And it's a good opportunity to take some profit. For good trade we need a strong support level and I think level 8470 will be stand. But If false break out happens and the price will return back into the balance2 you need to close position immediately. Trade recommendation Entry point - 8475 Stop - 8140 Target 1 - 9275 Target 2 - 9499
BITFINEX:BTCUSDLong
by DzenTrader
3
EURUSD is in consolidation areaEURUSD is in balance now. There are 2 options in this case: 1. Trade from the balance level in the previous trend direction. (previous - down trend) 2. Trade after consolidation will be break up/down. If the prise stays within balance it is a good idea do not trade at all, otherwise you'll get a loss. Trade recommendations: 1. Sell after balance high level will be false broken. 2. Waiting for balance will go down then we'll sell it on correction to balance level.
Short
by DzenTrader
BTCUSD - another wave of fallingBTCUSD is still in downtrend. The price made a correction wave and now we expect a new wave of falling to level 7250. If the price breakdown 7200 next supports level are 6500, 6000 and 5700. Glossary of terms Point of Control (P O C) – The price level for the time period with the highest traded volume . Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion. Balance - Accumulation Area.
Short
by mooncatcherpro