Volumeanalysis
Key levels for BTC - Big moves comingBTC has been consolidating this whole week, brewing for a big move. Looking at daily volume profiles.
26700 - 26800 level is key support, already bounced off twice
- if broken we likely see a bear run possibly down to 25000 level
Or we continue the Bullish trend started 2 weeks ago and heads toward 30000 level. Watch for break of recent highs.
Any thoughts?
Spot Gold XAUUSD LongOn the 15-minute chart with a volume profile overlaid, XAUUSD broke down from
a head and shoulders pattern and trended down into a double bottom.
Stop Loss and 2 targets are labeled on the char along with supply and demand zones.
I see this as a long swing to take on the forex market with using some leverage
in conjunction with risk management in the trade including adjusting the
stop-loss once the price reaches some unrealized profit and closing a part of the
position once the first target is reached.
will eth will cross 1840 or hit the low 1500 1300hi everyone ,
in this idea 💡 i am going to share some trading idea with trend analysis and volume anaysis. so lets begin.
as i start earlier btc dominence market cap at resistance leve and possibly market cap of btc is going to down so we have to stay bearish in this market for some week.
eth is also at their resistance level and if eth will make any billish sihnal above 1825 we will enter for a long reade , but ther is high possiblity eth will bouce back to 1500 from 1850 .
take short entry afer beatrish confiramtion and our first target is 1500 and the 1300 will be our last target .
i hope you like this analysis and please comment what you think abour eth for the week.
PG Proctor & Gamble Swing Long or InvestPG ( think soap, cleanser, laundry detergent toilet paper) is a stock that pays no
attention to market noise, In analysis terms, it is a low or no beta stock.
On a busy chart, the price is curently at the confluence of the SMA 50 21 and 9 averages
also sitting at the long-term VWAP anchored a couple of earnings ago.
It is also in the center of the high volume area on the longterm profile.
Earnings are steady and consistent typical of a reliable but slow-mover.
The rising MACD lines and the RSI piercing through its Ichimoto cloud
serve to further confirm that PG is in a confluence sweet spot.
I see this as a good spot to dollar cost average into a holding of 100 shares
to be used to sell monthly options for income or alternatively purchase
a call option contract at a strike of about $10 below current price with
DTE of 150-200 to make for a stable contract avoiding the market fluctuations.
SPX facing resistance to keep falling - a new doubt levelI'm updating my last reading on SPX about the beginning of a bearish leg. I understand that that previous signal has worked, and market failed to support the 200-SMA, although we're now facing a new test.
My outlook remains the same, that the main trend is bearish, but I also believe that the path to the low may come along with counter-trend movements and congestions.
On March 13th, prices reached the region of the last bottom and a massive buying volume showed up sustaining the market upper from that level. This drove us to where we are now, pulling back to the 200-SMA, and this famous average is now giving us a new make or break setup.
The next days movements will probably drive the direction of the market for the next few weeks, and that could be either bearish or bullish.
I would prefer if this was a bearish movement, along with the trend, that tends to make a more straighforward path and with a longer target (I estimate a gain around 10 to 15%, counting from last week close). Any set of black candles would point this way.
On the other hand, some white candles, specially with a good volume, would point to the bullish or congestion case. But I believe that it would be a counter trend movement, barely reaching the previous top region (with a posssible return of 6% to 9%) - of course I can be wrong, but then we re-evalute the scenario if the top if reached.
I don't know if I will trade the bull case, because I think this would be a more short-term situation. But for the bear case, I'm keeping open my bearish position that targets the next few months.
HYMC Mining Stock swing LONGSee the 4H chart for details. The analysts to not have great ratings but I have learned to
respect chart patterns The falling wedge here is expectant for a bullish breakout upwards.
Earnings are coming and a good report is expected with fixed costs and rising gold and silver
prices. This is the timely catalyst for a trade but not an investment. The penny stock
is selling at a 95 % discount off its price 2-3 years ago. I has nowhere to go but up.
It could be a takeover candidate of one of the larger and more financially stable mining stocks.
All in all, I think this is a good buy going into earnings. See also my idea on spot gold.
.
GORO is another ticker worth a good look right now but remember all that glitters
is not gold. Speaking of miners I have a long idea for BTBT, a crypto miners
which has upcoming as well.
MONTHLY VOLUME PROFILE + MONTHLY LEVELS TEMPLATE Link to the template - www.tradingview.com
Hey there! We're excited to share with you our amazing Trading View template that's designed to give you a head start on your analysis. We want to let you know that to fully take
advantage of the most indicators, you might need a Trading View subscription of sufficient level, but trust us, it's totally worth it!
The Volume Profile tool may not match the accuracy of others out there, but it still provides a useful overall idea that you won't find anywhere else. At Fostermans , we use this template
every day to get a Daily/Weekly/Monthly bias that sets us apart from the rest. Trading View has helped us dominate the markets through bull runs and bear runs, and we're confident this
template will help you do the same!
Thank you all PineScript coders for making something like this possible!
Furthermore, the following indicators have also been incorporated for your convenience:
- Volume Profile
- VWAP
- Volume + Volume Average
- OHLE Data
- Naked POCs + Developing POCs
- Value Area High/Lows
We're excited to hear about your trading journey with this template, so let us know down in the comments how it's going!
WEEKLY VOLUME PROFILE + WEEKLY LEVELS TEMPLATELink to the template - www.tradingview.com
Hey there! We're excited to share with you our amazing Trading View template that's designed to give you a head start on your analysis. We want to let you know that to fully take
advantage of the most indicators, you might need a Trading View subscription of sufficient level, but trust us, it's totally worth it!
The Volume Profile tool may not match the accuracy of others out there, but it still provides a useful overall idea that you won't find anywhere else. At Fostermans , we use this template
every day to get a Daily/Weekly/Monthly bias that sets us apart from the rest. Trading View has helped us dominate the markets through bull runs and bear runs, and we're confident this
template will help you do the same!
Thank you all PineScript coders for making something like this possible!
Furthermore, the following indicators have also been incorporated for your convenience:
- Volume Profile
- VWAP
- Volume + Volume Average
- OHLE Data
- Naked POCs + Developing POCs
- Value Area High/Lows
We're excited to hear about your trading journey with this template, so let us know down in the comments how it's going!
CADCHFCADCHF has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
JNUG Gold Leveraged ETF in Cup and HandleAs shown on the chart. price action has formed a cup with the expectation
of a handle formation which would be a downward retracement of 50% of
the cup's height ( or about a 0.5 fib level retracement ) then expecting a
reversal to a target of 2X the cup's height from its base and the same as
a cup height above the cup's upper edge.
From an anticipated bounce off support to the first target is 20% with
additional targets at $ 41.74 and $44 for smaller portions of the greater
position. Multiple sources are projecting a gold and silver uptrend in anticipation
of an equities market downturn and further federal actions to fight inflation
and "bear" down on the equities market. G old bugs pay attention !
ANCUSD: Volume Spikes into a Bullish Deep Gartley 0.886 PCZWe've had alot of bearish volume come in to attack the PCZ of this Deep Gartley the last few days but yesterday we closed above the 0.886 with more volume than the previous 5 days of declining bearish volume and Bullishly Engulfed the previous day's price action. As a result i will be expecting to see ANC become a bullish outperformer in the near future.
$BLUR long enteredLooking for a retest of some higher volume nodes higher. I like the formation here with yesterdays drop into a roll over with bounce again. Much healthier formation and potential base to move higher from.
Have some high volume areas that may be resistance on the way up. Orange lines are weekly POC's and yellow are daily POC's.
I'm long at 0.775