Here is one of the reasons why I expect the dump. Since this “bull” market started, there have been two trends in volume, and both are downtrends. Which creates a massive divergence with the price. The only volume candle that broke both trends with almost double the volume of the yearly trend at that moment - was bearish. Rejection from reaching 50k. Less and less...
Whenever we see a divergence, this means they are going through a process of moving apart or deviating from what we are seeing. In this case the US markets, even though it appears to be trending higher, but its activities and especially its transacted volume are telling us otherwise. And what are their implications? My name is Kon How, my work in this channel,...
There are two scenarios. 1 - by Elliot. MA147 is as good support. 3rd and 5th waves would say will finish just below MA200 resistance, that gives good perspective. RSI is going for a third attempt to cross the trend resistance line as well, Aroon after falling stays straight. Stoch above 80, means possible move downward. Macd just broke up Bearish neck, good sign...
A new reversal pattern has come to reinforce the previous signal of a possible reversal. All the last 5 candlesticks have long tails. That a sign of a local supply zone. Price may go as low as 45% or more before find the next important support at $2.30. Any thing can happen in the crypto market, be careful with your shorts. You can find my previous KNC TA...
As I said in my previous two TAs KNC showed strong signs of a bearish reversal. One more sign has added; this of the fakeout. “In this report I will explain some crucial issues, most novice traders ignore and lose money and time. “ Fakeout is one of the most dangerous bullish or bearish signs and if you are unable to deal with them you can lose a significant...
KMC is forming Volume divergence at dayli timeframe. Potentially it can give a correction with target at 3.5 next 10-15 days.
KNC is in an uptrend since January while almost all other crypto are in a bear trend. Last 3 days is struggling to break its previous high at $4.25. That's what i'm concerned is the volume. It is declining both it the daily and weekly while price is continue to raise. A rejection is expected in this resistance $4.25 or around 161.8% Fibonacci extension. If you...
In 4H LTF, volume is decreasing last 7 days while price is rising. That increases the probability of an upcoming short-term retracement. A possible support is around $45k. I doubt if it will reach 0.382 Fibonacci level, all it's possible in crypto. Don't forget there is a war is process. Nuclear war threats, etc. It is not recommended for novice traders to open...
ROLEXRINGS volume and price convergence, and may give ATH breakout soon keep in wathclist
While VLDR focuses more on LiDAR's robotics and industrial application, LAZR is solely focusing on LiDAR's application in the automobile sector. According to Orlando news, LAZR has rapidly gained 50 industry partners, including 7 of the top 10 global automotive OEMs, and has received minority investments from the world’s largest commercial vehicle manufacturer,...
no entry for me yet, but feeling bullish. watching marijuana price action into next week.
The governance token of granddaddy of all AMM and DEX. I believe the deep correction is nearing its end, but there could be another re-test near the bottom of the demand zone. DeFi governance tokens are volatile by nature so proceed cautiously. Just my two cents. Not the investment advice.
cup and handle failed to push past resistance on October 13. trying again with earnings coming up this week while forming an ascending tringle.
Short nifty for target of 12450-500 approx. Nifty is showing signs of depleting volumes so one can look for opportunity to short.
This idea looks like very good because this pattern is very trustworthy, also volume is descending and RSI shows divergence. I'll wait for broke of the neck line with a sell stop order because now i'm going to sleep, i hope when i wake up, be in profit xD Good trade!!!
Sorry for the poor speaking quality, this was my first ever video analysis, so don't expect to much. Anyway, the AUDCAD is in a perfect zones parallel channel, so please wait for a confirmation before buying this.
Downtrend channel is broken after huge pump. Visible volume/price divergence may indicate another pump - another minor uptrend in channel. Fibs/uptrend channel S/R to watch: fib 0.236 : 10000USD fib 0.618 : 11550USD
More reason to add the shorts and sell the rallies.. Not a healthy market at all. DJI