POC
Long EURJPY in Daily Chart for week of 08-11-18To find the entry, you must look at the 4h and locate the level after the bounce of the support and based on PA (candle formation) you enter long at about 122.55+/-
If price Violates the support (DO NOT ENTER). AGAIN, ONLY ENTER THE TRADE IF PA is clear after its bounces.
NPXS - flushing out the weak sellersMy style revolves around volumes at a certain price level. Price that the markets accept or reject displayed by volume profiles.
I've been trading PXS now known as NPXS since ICO. The median price is around $0.00935
Click on the link to see the volumes traded a specific price.
bitgur.com
-Price is above Point of control and it will very very likely stay there based based on volume traded at specific price (POC) and supply-demand imbalance.
Let me explain my reasoning.
-Last night there was a supply and demand imbalance. The weak sellers were in control I based this information on Binance orderbook with 5 decimals. There was too much supply and not enough demand so price tumbled. But today the tables have turned. Weak sellers sold off and the demand is outpacing supply.
-Increasing demand and not enough supply
-Price is above POC support
NXPS is under median price
For those who study bellcurves distribution based on volume profiles.
-NXPS forming a mesokurtic bellcurve - mesokurtic distribution - Buyers are trying to get their orders filled within the value area. We see this often happen in accumulation phases.
-Second phase will be no doubt a leptokurtic distribution. When supply and demand is in balance - price goes sideways - buyers already bought - sellers already sold. When price is stagnant in orderwords in balance. (supply met demand) The state when new fresh volume can move the price up violently.
Think of bollinger bands, when bollinger bands contract - price goes sideways then erupt violently in a single direction. This will happen with NXPS.
ETC/USD Volume Analysis Prediction 2/21/2018Hi, friends.
After a fixing volume ETC/USD shows a correction wave. The price reached level 33.7- it's max volume (@POC) of last mini-balance. To continue the growth, the price must breaks out and holds above 35.5.
But, if the price goes down and breaks down level 32, it will be a fall wave to flat level 26.
Trade recommendations:
Entry point - buy limit 35.6 (after breaks out and holds above).
Stop - 33.10
Target1 - 41.6
Target2 - 42.8
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.
Another look at NEBLBTC with VPVRVPVR shows us that NEBL is at a very healthy price level.
The white lines around it shows the developing VA, value area; where all the trade is happening.
The POC, point of control, shows where the very most trading volume took place. It's the chalk blue horizontal line
We're at the bottom of this and the only way is up!
RSI is above 50; for me, this is a very strong indication of buyer pressure.
MACD is flattened out: this means we are going to face a consolidation phase, but because we are at the bottom of the trend line, this means that we are only going to go up in value.
BTCUSD - Predicting with Volume Profile FR, Speed Fan, and FAPredictions for short term (1-7days): 9000-11500
Drop: $9700 - $9800 - $10050 - $10300 - $10500
High volatility possible in lower 9k region if we go there, 8k lowest if something crazy happens, ex. extreme bullrun
Based on Vol Profile and retracements.
Up:
$10900 - $11500
Barring a huge dump, I believe we will continue to consolidate in the $10,000s region. Then riding along the price trend line around mid $11,500s.
Short term, >$12,000 is hard as we would need to cross up a speed fan line.
Parameters:
Volume Profile, Fixed Range (VPFR)
Speed resistance fan goes from trough to current peak
Dashed trend lines are the price trend lines that I have found BTC to be riding. Zooming into the 1 hour chart shows a story.
Why I chose 18 Jan. to start VPFR and retracement: I wanted to have a month's worth of data only to go off of. It makes it easier to find identify price trends on a smaller scale.
Why I chose VPFR over VPVR: It allows me analyze a chosen section and keeps the same values even if I change scale.
Speed Resistance Fan
The lines act as supports/resistances. Drawn from trough to peak, it uses the Fibonacci ratio and is best with the Fib retracement. You can see BTC bounce in between the 1 fan and the .786 fan lines. If it falls through, the next fan is support. I don't believe we'll cross the 1 line soon.
Volume Profile (Fixed Range)
VPFR shows traders where the most trading took place, price range wise. It's a flipped axis volume.
VPFR shows the largest trading volume took place in the $8,000-8,800 range, as well as the $9.800-$10,550 range, for a month. In our case, we can see that the reason for this is because of consolidation and reaching our old price ranges again. And by seeing where the most trading volume lies, we are able to predict that it is a point of support for us.
VPFR has 3 lines shooting out of it. These can be turned off as they only serve to provide redundant information as an overlay; it is still helpful if you need it to see Volume Profile's values over the entire chart.
POC: Point of control. This just shows the peak trading volume's price range. If value falls through the VA region to the POC, it can be seen as a strong support.
Developing POC: This line shows where the POC has been before and where it is now. It can also be used as an overlay to show the peak volume region on the candlesticks.
Developing VA: Value area. This is the region that has the most trading volume. If above it, it can be seen as a support. If below, it can be a stiff resistance.
Fundamental/News Analysis:
Bitcoin usually drops on Monday. In conjunction with rejections at $11k may be cause for concern.
SEC Suspends Trading In 3 Companies Due To ‘Questions’ Around Cryptocurrency Ties : further legitimization of crypto as a currency by regulating it. Note, all three companies are owned by the same individual.
source: cointelegraph.com/news/sec-suspends-trading-in-3-companies-due-to-questions-around-cryptocurrency-ties
Most family members have met together already for Lunar New Year's. This means that any money to be taken from crypto has been taken; we might get some new money in a few days when they clear their red envelope deposits.
Futures from established firms: Although the futures are a fraction of total market cap for Bitcoin, we must keep in mind that our markets are segregated due to KYC/citizenship laws. There is also the psychological factor that may cause it to lower.
Psychological barrier at $11,000: for every $1,000 we hit, there are shorters filling orders. How much they can short depends on how profitable it would be for whales to drive the price up.
No clear support: we rose quickly with little time for correction. VPFR is showing that we have had a high amount of trading in the lightly highlighted zones. The right axis shows the price points of those areas. I believe those will be points to watch.
LSK/BTC Volume Analysis Prediction 2/13/2018Hi, friends.
It's a new idea on coin Lisk.
Last time we predicted a start of this upward movement.
And now Lisk is still in buy priority.
If the mini-balance goes up then a new uptrend wave will begin.
Also we can buy from a lower mini-balance level.
Trade recommendation:
Entry point: 3365 (buy stop) or 2975 (buy limit)
Stop: 3119 (for buy stop order) or 2848 (for buy limit order)
Target 1: 3650
Target 2: 4000
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.
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.
Momento clave para Tenaris $TSProceso bajista de corto plazo cerca de anular último swing alcista, tomando un más amplio notamos que está en un momento clave de definición en zona de POC, retrocesos probables de fibonacci y soporte de mínimos anteriores.
Ajusten SLs si están comprados y van a corto/mediano plazo y agarren pochoclos si están afuera. Seguimos a la espera de ver señales de reversion y salida alcista.
Notas:
El volumen es un poco alto para ser una corrección que no deba preocupar. Señal a tener presente.
Hoy perdió la EMA de 50.
XAUUSD - Long Entry on Support/POCThis Zone is the strongest accumulation Zone also seen in the Volume Profile on the left, while holding the Support (green dots) it's quite safe to enter a short Term long here and wait for a good Entry on lower TF (2h- 4h).
There is one Resistance Point before the Target that would be 1294.64, so this could be TP1 and TP2 the final target at 1344.25.
Bullish Momentum is still there as seen in the 2nd panel, Bearish Momentum is just an Extreme and not out of norm yet, so we buying the dip here.