New Volume Footprint option on TradingViewHi all,
This is the first (stream replacement) educational video with a very quick overview of volume. Tradingview just released the new Footprint Beta tool. It's something I asked them for a long time ago, so I am glad it's finally here!
In this video I cover the time-price-opportunity tool as well as visible and fixed range. Leading into footprint.
This is not a deep dive, it's more an intro to and how these things come together. If there is enough interest in this idea I will create a sequence based on trading volume in depth.
Thanks for watching! See you on the next stream/idea.
Footprint
Reason for the BTC Drop to $29000 and where to from here?In yesterday's video I spoke about why I thought Bitcoin could drop back down to $29000.
1. Volume was decreasing with price going up
2. Big longs were opening up at resistance
In today's video I look at where BTC could go to in the next few days and see on the TPO and imbalance charts why price fell like it did.
I am looking for a small retracement back to the POC and if we have strength in that area I will be going long.
TP - back up at $31000 and if we break out, hold the position to $35000.
Have a look at the video for an in depth analysis.
Not financial advice, DYOR. Papertrade before using real money.
If you liked this idea, please give a thumbs up and follow.
Safe trading.
Shawn
PEOPLEUSDT URGENT Update - We're in a critical area!!BYBIT:PEOPLEUSDT
BINANCE:PEOPLEUSDT
KUCOIN:PEOPLEUSDT
People Crypto Coin URGENT UPDATE
PEOPLEUSDT is at a critical Fib Golden Pocket area. Price could bounce here or break down. I give you my analysis and how I'm trading this.
A pennant has developed - the video explains scenarios for trading it and I look at a few areas of confluence.
I look at a TPO chart and explain the reasoning for how I'm trading this today.
The 30m Imbalance chart is possibly telling us what is ahead.
Tight stops if you are entering at this region. Place stops in profit as soon as you can. The lower the risk, the better
Not Financial Advice. DYOR. Papertrade before trading with real money.
