XRP, double top? Read to all!Often I notice that altkoins work more technically and ahead of schedule. XRP showed signals for a breakdown of resistance and entry into the zone of imbalance above 0.70, but the market leader began to move down.
XRP draws a classic figure: a double top, but it is not yet formed, we are in the decision zone and everything depends on the BTC. But I completely closed my position and look forward to a new opportunity to enter the market.
We see a bearish divergence of OPEN INTEREST
RSI showed a divergence to a short position and a divergence on a larger timeframe for the purchase, but more I trust the OPEN INTEREST, the better the support of the RSI became resistance
Volumes are falling
We are in the decision-making zone for BTC and XRP, and throughout the market as a whole, but it's worth noting that altcoins are moving the market more technically, due to smaller volumes
The review will be continually supplemented, follow the news and put it live)
OPEN INTEREST v2 is already available, write to private messages
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Open Interest
BTC alert BUY ! Bitcoin is still in the horizontal corridor, you can see the tapering triangle. According to the classic of technical analysis, the way out of the triangle is in the last quarter.
On April 9, an attempt was made to break down, but the bulls held the level.
Another sign of an early exit from the flat is a decrease in the volumes traded - an ever smaller range, the spring contracts more and more.
Analysis of open interest on a long period shows the easing of bear pressure. For a short period - bullish divergence. As an option - the signal to enter a long position is part of the deposit.
The possible option is the arrow on the graph. The traffic potential is at least 10-15%
All the best!
indicator OI here
Best review on Bitcoin!Good day to all! It looks like bulls are exhausted and we are waiting for a correction at least to the zone of imbalance, as a maximum continuation of the downward movement!
Against the backdrop of a sharp increase in hamsters, the hope for rapid growth has mounted, but smarties use this and we are waiting for the landing of all weak players.
The price came to a logical resistance on the VOLUME PROFILE, which coincided with the Fibonacci correction level on the 1d timeframe
So maybe this whole movement was a big fraud, and the breakdown of the bearish line, too? This is not ruled out, as teak volumes fall, there are no bulls, and there were no large volumes for the breakdown of the trend line.
On the four hour chart, we immediately see 2 hidden divergences on OPEN INTEREST INDICATOR, on a larger and smaller timeframe, which gives an early warning of the impending movement.
CMO is in the overbought zone, showing a bearish divergence, which also speaks of the depletion of bulls
EMA 5 sharply began to move downward, which in conjunction with the remaining signals makes you hold your finger near the SELL button, EMA 12 is pierced, another confirmation
Is everything so bad? Not really. Definitely now it is worth closing a long position and waiting for a new opportunity to enter the market, but there is a good chance to see a rebound and growth in the near future. We have not punched the EMA 50, the nearest resistance is not so far, including the imbalance zone, and the closing of short positions on the open interest indicator in the past indicates the end of the set of smart positions.
The business of professionals to observe and draw conclusions, not to be prophets, safely close positions, wait for a buy signal and pay attention to interesting violas, some ahead give signals on the market, and some are violating all the laws of the market, and promising big profits
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References to examples of the work of open interest indicators are attached. OPEN INTEREST v2 is already available
fishing of fishes in troubled waters is dedicatedTo fans of Alts and fishing of fishes in troubled waters is dedicated
There is such a coin omg. Thai start-up is half-bank-half-wallet.
Recently, the study of the movement of the price of OMG suggests that OMG is less volatile and sometimes ahead of the market (controversially!).
Now for 1 hour:
MACD - signal up
After consolidation from April 16, the breakdown of the old level, the return of the POC
On the SMO indicator, bullish consolidation
On the indicator of open interest is bullish consolidation. Efforts of bears (large volume) have not yet led to a fall. Bears kept the level. If bitcoin remains a little longer at the top or at least stops in the corridor and the price remains above $ 14 - there is a variant of the upward movement. Target1 = $ 18, Stop $ 13.
You can try a small part of the deposit to risk buying $ 14.1. Profit / los ratio 1: 3 minimum.
Personally, until I refrain - not a fan of extreme,but although the signal deserves attention.
All profits!
ETHUSD - studyagainst the background of the general agiotage and the whole market in the green zone we will consider the crypto currency No. 2
on the 4 hour chart we see:
On the Wolf's waves
the intersection of the POC of the previous consolidation with the wave beam of Wolfe gave the target zone $ 520-550. Taken.
The price has approached this resistance and is now actively trying to gain a foothold above the psychologically important level of $ 500.
We draw attention to the fact that the volumes of trade around the price of $ 500 are falling.
On the CMO oscillator (period 6) we see a bearish divergence.
The same divergence is seen on the indicator of open interest. There is also a decrease in the strength of bulls.
If we consider the Elliott waves, then it seems that soon the correction after the 1st wave will begin.
Up to the Fibonacci level of $ 587, it is possible (not a fact) to have a false ejection ,.
Apparently, we should wait in the medium term to roll back down.
In the case of consolidation above $ 550 -600, we will consider the purchase of a rollback.
At the moment, the mood is bearish (short).
indncaters OI (open interest) here
XVG wait and earn! SHORTRecently we reviewed the XVG. The tool that shot at 170%. Lying prospects?
Who did not manage to enter this trend movement now will have such an opportunity
XVG rested in the zone of imbalance, while showing divergences on several mathematical oscillators. Teak volumes are falling, which indicates the weakening of the strength of bulls.
It would seem that the rollback occurred before EMA 50 and rebounded, but the most important zone is level 0.0972, watch closely this zone! A rebound from this price down will only confirm the upcoming move down. Who on our advice has closed the floor of the position can put a stop order at the price of 0.0788 or close the position now
XVG will try again to come and pierce the zone of imbalance, and the instrument itself promises a good profit, but do not take the risk, we leave at the stop and go back at the end of the correction, stability and statistics the main friends of the trader
If you are excited, the oscillators RSI and CMO will correct the entry point, wait for oversold levels, are marked on the chart
All profits, I recall, came a new version of the indicator of open interest for crypto currency!
BTC! GO GO GO!Our indicator of open interest was outstripping the recent spurt of the BTC, where can this movement lead us?
On a smaller timeframe, passengers disembarked to the price: 6800 (POC SUPPORT), after which the price soared, which says: the position of smart phones is dialed! The breakdown of the bearish trend began, but do not relax, there will be another disembarkation, who did not have time to stop by our signal, wait for the next rollback.
CMO shows a divergence, our goal is 50%, with a stronger trend we can reach 80
OPEN INTEREST DIVERGENCE increases the number of open positions, there is a divergence.
The fast EMA crosses the middle, but they are still below the EMA 200
The decisive zone is the EMA 200 and the bearish trend line, 8000. Our immediate goal is POC RESISTANT 8500,
To confirm the change of the bearish trend, we must overcome 8000 and return to it, bounce and fly to the top!
Well, we observe the price movement, I remind you: you have the opportunity to try for free the indicator of open interest,
good all day, FVB Team
BTCUSD fixGood afternoon everyone
After the upward momentum, the main crypto-currency has paused a little in the shallow horizontal channel.
look at the chart:
The price has broken through the resistance of 7900, the current control point is 8100
the nearest resistance is 8520
if we go up - then this will be the nearest target
on indicators
MACD
CMO
open interest
formed bearish divergence.
Wolf's waves (yellow) indicate hit in the target zone. The price is still slightly above the beam.
Here, the fan "supports" the inclined upward trend. The crossing of the yellow ray confirms consolidation.
Obviously, a part of the position is fixed. Probably the most cautious is also to fix a part of the pose - to take some money from the market. Take profit - always nice))).
All good!
Indicators here Good afternoon everyone
After the upward momentum, the main crypto-currency has paused a little in the shallow horizontal channel.
look at the chart:
The price has broken through the resistance of 7900, the current control point is 8100
the nearest resistance is 8520
if we go up - then this will be the nearest target
on indicators
MASD
CMO
open interest
formed bearish divergence.
Wulf's waves (yellow) indicate hit in the target zone. The price is still slightly above the beam.
Here, the fan "supports" the inclined upward trend. The crossing of the yellow ray confirms consolidation.
Obviously, a part of the position is fixed. Probably the most cautious is also to fix a part of the pose - to take some money from the market. Take profit - always nice))).
We will not define with small consolidation yet - there is no forecast
All good!
indicaters here
BTCUSD fixGood afternoon everyone
After the upward momentum, the main crypto-currency has paused a little in the shallow horizontal channel.
look at the chart:
The price has broken through the resistance of 7900, the current control point is 8100
the nearest resistance is 8520
if we go up - then this will be the nearest target
on indicators
MACD
CMO
open interest
formed bearish divergence.
Wolf's waves (yellow) indicate hit in the target zone. The price is still slightly above the beam.
Here, the fan "supports" the inclined upward trend. The crossing of the yellow ray confirms consolidation.
Obviously, a part of the position is fixed. Probably the most cautious is also to fix a part of the pose - to take some money from the market. Take profit - always nice))).
All good!
Indicators here Good afternoon everyone
After the upward momentum, the main crypto-currency has paused a little in the shallow horizontal channel.
look at the chart:
The price has broken through the resistance of 7900, the current control point is 8100
the nearest resistance is 8520
if we go up - then this will be the nearest target
on indicators
MASD
CMO
open interest
formed bearish divergence.
Wulf's waves (yellow) indicate hit in the target zone. The price is still slightly above the beam.
Here, the fan "supports" the inclined upward trend. The crossing of the yellow ray confirms consolidation.
Obviously, a part of the position is fixed. Probably the most cautious is also to fix a part of the pose - to take some money from the market. Take profit - always nice))).
We will not define with small consolidation yet - there is no forecast
All good!
indicaters here
XRPUSD - fix profitCongratulations to all those who entered the long on the XRPUSD.
Now we need to remember that it is difficult not to take - it is difficult to keep. The best option is to take a part (half) of the profit at the right moment and transfer your stop to a lossless. It is better to take less accurately than to worry. Quickly move out of the state "or earn a lot or sink a lot" into a state "has already earned exactly and now in a loss and continue to earn."
While there is still no exact confirmation of the bulls on the bitcoin, all the violas are worried and twitching.
According to Ripley. There are signs of starting stop / correction:
MACD intersection
On the indicators CMO, open interest, MACD on small periods of divergence show while the continuation of the trend. But for a longer time period (starting from May 19), a hidden bearish divergence is visible (this already strains a little).
During the pulse, a resistance of 0.57 was pierced, a 0.63 slipped through and did not reach 0.677. As long as the bulls run out of fuel - no one wants to invest without a clear picture of the market. While there is no breakdown of 0.72, there is no confirmation of an uptrend.
The conclusion is the fixation of the profit part.
indicators here:
NEO -alert
during the last week the price was in a narrow corridor and the most impatient investors tried to go into a long one. Against the background of a small revival in the market (bitcoin could not break the bottom and remains on practically on the spot), some coins try to demonstrate optimism.
But, while the market did not go into a bullish trend, it makes sense now to fix a part of the profit, leaving half for possible growth. Now MACD shows a stop, the price has reached the nearest resistance by $ 60.
Here is the POC (control point) consolidation on March 26-29. The probability of a reverse rebound to $ 50, $ 47 is great, after which a bull scenario is probable. In this case, the nearest target is $ 70.
example use indicator
SHORT-TERM SIGNAL TO BUYGood day to all!
SHORT-TERM SIGNAL
On the eve, our indicator of open interest gave a leading signal to a short position, however we were attracted by rising volumes and stopping at POC SUPPORT.
The bear line of the trend has broken through and now there is a boarding of passengers, if POC SUPPORT holds the position, then it signals the impending movement at least in the upper boundary of the POC 1 resistance range, or the unbalance zone
Additionally, they signal about the forthcoming movement of divergence of open interest and CMO
Is it possible that POC SUPPORT will not hold the position? Of course, we can expect, but no real plans for smart people except them, however, in our power to monitor their actions
To open a long position is risky enough and costs only for a short period, but promises to enter the market at a good price
Ripple XRPUSD alert BUYbased on the indicator
divergence on open interest shows a buy signal
Stochastic (24,3,1) in the purchase zone too
nearest POK = 0.57
Wolf's waves give a target of 0.566
Fibo fans give a target of 0.57 - 0.50
previous signal by Ripple
Worked up to 0.55 - the mirror level of the previous channel
I wish you a profit!
OPEN INTEREST DIVERGENCE cryptocurrency
The indicator of open interest is a little used indicator in the market of crypto currency. However, this is a mistake. After all, in fact, no indicator will provide a clearer signal of confirmation of the strength of the trend or its reversal.
Open interest is one of the first indicators used to conduct technical analysis. It is not based on any formulas. It only displays the number of open positions for a given underlying asset.
An even stronger signal is the divergence of open interest and a price chart.
Divergences for a short position look at the maximum peaks of prices and open interest.
Divergences for a long position look at the lowest values
Experienced it is necessary to choose the right period of open interest, for experiment we took one of the Fibonacci numbers
The example shows how the indicator last worked
For all questions regarding the indicator - write to the e-mail address or to private messages, the indicator is for all popular coins in relation to the dollar and to BTC
Short-term analysis of the movement of BTC.Short-term analysis of the movement of BTC.
In the mid-term analysis there is a high probability of price movement to the top, but do not miss the small corrections?
We observe the STOCHASTIC divergence with the signal in a short position (K punched D down, a hook is formed from the K line). When forming the hook, there will be no superfluous confirmation of the downward movement.
We also observe a divergence of open interest in a small period (2), which in the short term also signals a short position.
The nearest support line for POC 1 is at the level of 7000, we expect this line to be touched with correction to the last consolidation.
In the future, it is possible to break through this consolidation or move to the next line of support for POC 2 6500
BTCUSD - forecastWe study bitcoin
Open interest is still negative, but
- increases
- there is a bullish divergence on open interest
- volumes increased
When the OI becomes more than 1500-2000, we should look for the entry point to the long one.
Wolf waves are shown on the OI indicator target OI.
Wolf's waves on the chart seem to have strayed up and show the target area . Dotted arrow are the probable movement.
BTC -bottom?It seems that the bulls decided to slow down and, judging by the indicator of open interest, they took a more thorough approach. This caused a transition to another horizontal corridor.
In the near future, we expect a partial repurchase of positions, but signs of a stop are not yet visible.
For buy BTC is not the time now.
While waiting for the campaign even lower to support levels.