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Volumeanalysis

CPNG - inverse H&SThe techs are lining up quite nicely for CPNG so far with all 3 moving averages (20,50 and 200) about to cross up in the right order. A break up above the neckline @ 21.35 (esp with solid volume) will be a good buy point. However, it is probably prudent to test with small amount first and add if it pulls back to retest near the neckline (or pyramiding up is ok if overall momentum is strong). I will put initial stop loss just slightly below $19 and trail stops up if trade is working out. Take partial profits if it is able to reach around 26.5 (resistance there). Let's see if it works out! Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NYSE:CPNGLong
by Juliac
BTCUSDT Swing Short Targets 20900, 20200, Naked POCsSwing shorts to 20900 and 20200 are a very good bet. These are NPOCs from July 5, 6, and 7. It is rare when the price does not return to a previous POCs, so they are very good targets. POCs from HTFs (higher timeframes) are especially good targets because the higher time means more volume during that time period than LTFs (lower time frames) The volume at a POC is too significant for traders to not bring the price back to it. Until the price the returns to that POC, the POC is naked. On Bybit's BTCUSDT perp market, the daily POCs from July 5, 6, and 7 are naked on a 1 tick bid/ask profile chart. The POCs are 20900 : July 7 20200: July 5 AND July 6 POCs (naked and virgin) POCs are points of control. They are prices that had the highest volume during a time period. The high volume at that price means traders are strongly motivated to bring the price back to that POC value. After a time period has closed, until the price returns to the POC of that period, in the jargon of order flow trading, the POC is called a naked or a virgin POC.
Short
by UnknownUnicorn17032407
₿ BITCOIN To the moon? 37k incoming? ₿₿ Referring to my previous post on Bitcoin in which I wrote that there is a high probability of a breakout from the double bottom (post pinned at the bottom) ₿ We can see that Monday and Tuesday trading session gave a new light of hope for a bump for this cryptocurrency. ₿ The level of 37k was seen from the fact that I measured the last 2 largest corrections of the downward trend, from this came out a cluster of levels 0.382 plus 0.618 fibo levels ₿ It should be taken into account that we are still in a downward trend but looking at the size of the volume bars (chart 1) You can clearly see that there have been huge purchases at the 18k-19k levels which are the biggest purchases of all time! ₿ For this reason, I just wanted to draw your attention to this cryptocurrency because I feel something big is coming up ₿ If you liked the analysis go to the profile and leave a mark :D
Long
by InvestMate
10
ILMN - Inverse H&S breakup, can it be trusted?An inverse H&S that formed over the last 5 months cummulating in a breakup yesterday. The marked increase in volume in the past week is encouraing and while the low of 173 on 17July (69% fall form it's peak) is likely to be "the low", it is probaby prudent to only buy small amounts now (in view of overall market volatility) and to add if we we a dip back towards the neckline (but not back below). We would have more conviction that an uptrend is underway if and when price could at least clear the horizontal resistence @ 259. There is nothing wrong should one prefer to wait till it can clear this level before establishing a trade as sometimes it's better to be later but surer. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NASDAQ:ILMNLong
by Juliac
$FUNDUSDT Unification ^Once genesis hashes had been verified between operators as all matching, the operators restarted their nodes with the new genesis, initialising FUND-MainNet-2. At 14:00:00 UTC — the new genesis time specified in the governance proposal — the nodes began communicating with each other to propose and sign the first block. After a relatively short (and nerve-wracking) time > ⅔ Validator power reached consensus, block 1 was produced, and the new chain was born! The update required massive cooperation, participation, and appropriately, unity among all members to enable a successful update and was able to proceed in a historic 3 hours as planned with the minimally possible downtime, continuing Unification’s stance among the most efficient Blockchains for enterprise and DeFi, which give reason to the continuation of government, consortium and corporate partners who have grown with the Foundation since the initial MainNet launch in 2020. ^ BEACON/Wrkchain state pruning State bloat has been a long running concern for validator operators. The upgrade includes a major improvement for the BEACON and WRKChain modules to address this, with hash & timestamp state pruning. The vast majority of BEACONs and WRKChains don’t need to keep millions of hashes in-state, so it makes sense to modify the storage of old data sets to optimise network efficiency and state storage. Much like EVM smart contracts, all data submitted to mainchain is effectively archived via Transaction Events, which, with the latest in-place upgrades offered by Cosmos SDK, means event data is no longer “lost” during a chain upgrade. This means that while old data may no longer be held in the state DB, it will effectively still be accessible via transaction query filters to search for BEACON/WRKChain specific events. Starting from the upgrade height, BEACONs and WRKChains will be allocated 50,000 in-state storage spaces — this is the equivalent to approximately 1 month’s worth of hash submissions, (assuming 1 submission per minute). During the upgrade, the 50,000 most recent submissions for each BEACON/WRKChain will be retained in the state DB, and the rest will be pruned from state. New hash/timestamp submissions will be added to the top of the stack, and old data will be pruned via FILO. MainNet Approx. 1 month after TestNet upgrade is executed (allowing for tests etc.) — governance proposal for MainNet 1-ibc upgrade Voting period runs for 2 weeks Approx. 1 week after voting period ends — MainNet upgrade executes. Validator operators were in constant communication via Telegram and Discord, cross-referencing their SHA256 hash results of the migrated genesis, to ensure that all operators had exported and migrated correctly.
FLong
by BADQOMOCAWGOWLD
1
XRP TO $1?We have some heavy price action which has recently broke and this could be the sign of XRP climbing upwards to key levels not seen since May. 1) Weekly Trendline - this has been in state since November 2021 - this hasn't been broken since price action in late September (Bullish) 2) XRP has Strongly broken out of 100 day range trading between $0.30-$0.38 (Bullish) 3) Strong Bullish Volume - this weight has not been seen on the Daily all year 4) Bullish Pennant forming outside of the Weekly Trendline break. Currently on the 12th day of this pattern - we could see this pattern take a few more days to for (Bullish) 5) If price was to break out of the Pennant we look to $0.50 for the BOS and if this is true then we can expect a new strong trend Take profit areas Look to previous Market Structure and i use a simple technique such as LH/LL for price points ( when the market reverses to the upside) - there's a long way to go before we hit $1.00 and we need to reclaim areas we lost this year such as $0.58 $0.65 $0.79 $0.87 Let me know you thoughts on XRP going forward
Long
by LuxTradeVenture
$BONEUSDT Bone ShibaSwap entry PT 1.08-ish Target PT 2,000BONE Price Live Data The live Bone ShibaSwap price today is $1.26 USD with a 24-hour trading volume of $8,644,850 USD. We update our BONE to USD price in real-time. Bone ShibaSwap is up 1.53% in the last 24 hours. The current CoinMarketCap ranking is #796, with a live market cap of $8,755,740 USD. It has a circulating supply of 6,975,300 BONE coins and a max. supply of 230,000,000 BONE coins. If you would like to know where to buy Bone ShibaSwap at the current rate, the top cryptocurrency exchanges for trading in Bone ShibaSwap stock are currently BTCEX, MEXC, CoinTiger, BitMart, and BKEX. You can find others listed on our crypto exchanges page. What is BONE? BONE is a governance token of Shibaswap ecosystem which will allow the #ShibArmy to vote on upcoming proposals. The more BONE the user holds, the more weight of their vote carries in these future endeavors. BONE has 250,000,000 tokens, and is designed to fit perfectly between the previous two tokens in regards to circulation supply. What makes BONE Unique? From its inception, Shiba Inu has done things differently. Starting with a supply of 1 quadrillion, our founder, Ryoshi, locked 50% in Uniswap, then “burned” the other half to Ethereum co-founder Vitalik Buterin for safekeeping. To help reverse the devastating spread of Covid-19 in India, VB has since utilized SHIB in the largest crypto donation in history, and then actually burned 40% of its total supply to a dead wallet, ensuring our long-term success and stability. In the words of Ryoshi, “Thank you to the woofmeister for enabling true decentralization. Now we truly begin.” SHIB, LEASH, and BONE, come together to create ShibaSwap, the next evolution in DeFi platforms. ShibaSwap gives users the ability to DIG (provide liquidity), BURY (stake), and SWAP tokens to gain WOOF Returns through our sophisticated and innovative passive income reward system. Our platform also allows the ShibArmy to access upcoming NFTs and additional tools, such as portfolio trackers, to make navigating the crypto world simple and intuitive. Who are the Founders of BONE? The SHIBA INU founders.
Long
by BADQOMOCAWGOWLD