GAS EGYPTIt is expected to drop to the specified areas between the 14th to the 18th as a final corrective decline, and then to launch motive waves to make another historical peak.
Volumeanalysis
ETCUSDTIt is expected that the rise to the specified areas will be a corrective rise, not an impulse, including the drainage of another strong last downward process
The coin is traded on volumes. Support for the POC volumes levelThe price broke through the inclined level and fixed higher. The coin is traded on volumes. After the impulse, we returned to the retest. At the bottom there is support for the POC level, stop for the level. I recommend entering the position from $ 4.723. First goal - 4.85$
Volume Profile on NZDUSDDrawing volume profile on the given trend gives us HVN's to consider as buying zones. our first HVN is marked with blue rectangle in addition to that we can see base candles there." if you are familiar with RTM terminology." So that level could be a valid long zone.
Second zone is our POC level which still could be a valid long zone.
Be Sure to watch for news (PCE, unemployment claims, PMI ) during the US session as they could severely impact the market.
Bears will come back soonThis is a short and simple analysis.
Multi-year long ascending trend line broken and retested.
Since 2017 PA formed a double top which is now being retested.
This thesis is also confirmed by volume ascending trend with dumping PA, and volume descending trend now that PA is retesting previous support => correction.
Only thing to expect next is continuation of downtrend.
Volume Profile on NZDCADWe start by drawing a volume profile on the bullish trend. It gives us high volume nodes which could potentially act as support levels, should price drop.
I take the POC level (red line) with my usual risk percentage(1%), and the first area of support with half of my normal risk provided that factors are in place upon entering the position.
GOOG: Trading around a KEY SUPPORT level!• GOOG is trading around its support level at $94.41 (yellow line);
• By losing this support level, GOOG would seek the gap around $89;
• In addition, we see a lower high, followed by decreasing volume, indicating weakness;
• GOOG would need to do a very good reaction above its support level in order to avoid a further drop – so far, there’s no bullish evidence;
• Only if GOOG does a new high and breaks the red line, it might resume the bullish movement up to the $105;
• For now, we must pay attention on how it’ll react around the yellow line, as this might dictate the next movements on GOOG. I’ll keep you posted on this.
Remember to follow me to keep in touch with my analyses!
AUD/USD lkely to fall!Hey tradomaniacs,
looks like AUD/USD is rdy to fall after creating a double-top.
Market-Depth showing DELTA-DIV by FP in the previous upmove, means a move down is getting prepared.
Still cautious due to upcoming CPI-Data from germany, so be carefull!
Technically a great chance!
What do you think?
DXY correction close to the endVolume is descending with PA in the short term, contradicting the short term bearish trend.
Volume is ascending with PA on the long term, confirming the long term bullish trend.
=> what we are seeing is a correction.
PA will drift lower until a significant breakout on the descending volume trend happens. PA will go again parabolic to the upside after that.
I want to point out that PA is also printing what looks like a double bottom, but it's too soon to put out a call, the pattern has yet to form and get a confirmation.
I expect next top to have lower volumes than the last one, breaking the ascending volume trend and ending the months/years long bull run.
Recession ahead? Maybe it's only my bias, it's too soon to say, only time will tell.
Possible double bottom? I'm bullish on LTC, trend is positive and a double bottom already happened, but expecting crypto market dump soon so lower prices ahead are to be expected IMO.
This is also confirmed by negative (statistical) skewness trend (pale red line), and negative volume trend yet to breakout.
I see a possible double bottom forming on LTC on an important resistance.
Based on previous volatility, I expect a sigma 3 move (3 standard deviations) to the upside as target for the pattern and next peak, which is about 110, which is also an important price level.
GRND IPO POP then DROPOn the 15-minute time frame, the price action is decidedly bearish
over the past couple of days. Gauss filters downward.
The Ichimoku resistance against a reversal is thick.
Price has dropped more than 15% each day.
The RSI indicator shows dismal strength and no signs of divergense
to herald a reversal. I am in this as a short seup and
have profited well taking a partial each day. Option plays
are not available. Once the bear trend burns out, this will be
worth looking at for a slow uptrend. So once the relative strength
drops to below 25% or some bottoming wicks and Doji candles
appear on the lower time frames, I will look to take the profits
and trade the uptrend. ( this may bounce up from the POC of
the volume profile as a reaction to support. )
PLAY the VOLATILITY !
Updated local highs. Breakout of the inclined levelThe asset has updated local highs. Came out on volumes from the sidebar. The price broke through the inclined level and fixed higher. I expect the movement to continue. Target - 0.0809$
AUD/CHF continue with the Uptrend ☝️ On AUD/CHF is nice to see strong buying reaction from the price 0.63260 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Strong volume area ( Daily + Weekly POC ) + Uptrend is my mainly reason for this long trade....
Happy trading
Dale
Back testing from January Here I am back testing from January using ICT concepts, and volume spread analysis on CME_MINI:ES1!
The asset is volatile. Time to sell!The asset is volatile, traded on volumes. The price got a reaction in the region of $ 0.77, made a false stab and went lower. Now we are trading in the sideways. Local highs are decreasing. I expect to exit the sideways and move lower. Goal - 0.55$
USD/CAD likely to move up!Hey tradomaniacs,
USD/CAD has tested a strong key-support-zone which is the breakoutzone of the current major trend.
The oderflow looks bullish so far in the small timeframe, so I will give it a long trade but ofc with aggressive management until we see a break out of the current consolidation.
What do you think?
BTC failing to break above bearish volumejust a heads up, BTC looks like on face value its going to go up, but bare in mind, BTC isnt breaking above bearish volume as you can see with my relative volume profile at the bottom of the chart showing it isnt breaking above the red line, ignore the included strategy stats from the strategy i have on chart , it isnt relevant to BTC or the timeframe.
A small update about ETHIn the graph I have drawn and described the lines describing price and volume trends and their relationship to understand what's going on.
First thing I noticed the peak of volume happens in the mid of the leg down, and went to 0 meaning sell pressure gone and after that a correction to 1300 happened.
Right now the price is consolidating at 1250, but by the small trends being created by PA and volume we can see how the correction behaved similarly to the dump that caused it.
After that, small area of indecision I have highlighted with a cyan circle.
Now the latest thing to notice is price making lower highs and lows, with the volume beginning to increase again + I have glighlighted in red a confirmation by volume and price and their trends, I have explained in graph.
We're in for a second drop soon.
BTCUSDT - Phoenix Ascending BEARISHHi Traders, Investors and Speculators 📈📉
The markets have been trading bearish overall, with over 2 billion drained from cryptocurrency within the past 48 hours. This comes as no surprise to me, as I have been watching the DXY increase and the TOTAL crypto market show weakness. And so I made this idea a few days ago :
There is a possibility that we may correct towards the upside after this drop, we could even see a few altcoins increase over the next few days. However, the Technical Indicator Phoenix Ascending is showing that BTC is in trouble in the weekly timeframe, and if a reversal does not show up on lower timeframes, the next major support zone is only at $12500.
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CryptoCheck
Huge player is systematically pushing the price in the spot ordeWaiting for the breakout after the next touch of the level. Huge player is systematically pushing the price in the spot order book towards the level. Be aware of liquidity grabs as volatility is high.
XRP: break strong support levelThe instrument is about to break strong support level. Both spot and futures deltas are red for more than 20 minutes showing the prevalence of sellers pressure. Open short positions on high activity before the breakout. Target - 0.4
Sellers are pushing. Interesting coinInstrument has formed long consolidation above strong support level. Volumes are higher than average. Waiting for the next touch and higher sellers volumes to catch impulse. Delta is stably red for 15 minutes in a row, showing increase of sellers pressure. Target - 0.0055
