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Volumeprofileanalysis

FXS/USDT Speculative TradingBelow is a speculative deal on FXS/USDT. After the consolidation period, the asset has begun to demonstrate an upward trend, showing a strengthening of its position in the market. During this period, the asset's price bounced off the inclined support level three times, indicating strong buyer interest at this level. As of writing, there is a consolidation phase around the Point of Control level, which may be a sign of a temporary slowdown and accumulation of positions for further movement. At the same time, a clear support level has formed at the price of $10.916, which has already been approached three times. Such price movements can provide opportunities to enter the market. At the current prices, there is a possibility of buying the asset with subsequent holding of the position in anticipation of overcoming the resistance level at $10.916 and further movement towards the $12.416 mark. The expected growth will be more than 30%. If the trend strength and positive market dynamics are maintained, we plan to hold part of the position for further participation in the movement.
Long
by Rick_SimpleSwap
Elliott Wave Analysis with Volume Profiles and Open InterestMYROAnalysis. eliott wave: the price action conforms to elliot wave theory, suggesting a potential bullish move with the completion of wave 5. volume profile (January 38th - february 3rd) the initial volume profile indicates that the price has previosly visted the point of control (poc), and it appears to be retracing towwards the upper 70% line, which could serve as oyr TP3. Volume profile (february 2nd-february 19th): the subsequent volume profile suggest that the ptice is finding support around the 70% line, this support level has also acted as resistance in previous instances. Openinterest: there is a bullish and green candle observed in the open interest data, indicatng potential bullish sentiment.
Long
by ispatialresources
5
LABU / LABD Ratio Anchored VWAP over /under LABU LONGOn the weekly chart a LABU / LABD ratio is plotted with anchored VWAP bands and a volume profile overlaid. I wanted to analyze this to affirm the highest of prospects for the Biotechnology sector for 2024. LABU is triple leveraged Up while LABD is the inverse Down. A good unleveraged biotech ETF is XBI. The chart shows LABU in a VWAP band and breakout through the hohg volume area and then over it beginning early November. Unusually high relative volume and volatility ramped up about the same time. I readily conclude that LABU is the buy right now with the ratio rising. It is a low beat ETF with good range due to the leveraging and high forecasts for 2024. I will make buys on LABU at regular intervals on a 60-120 minute time frame looking for the weekly lows. I will set an alert for a falling ratio on the 3H to daily chart to assess should the supertrend fade. I believe that this will be a safe low risk swing long trade.
AMEX:LABULong
by AwesomeAvani
ROKU runs to Earnings ROKU on the 15- minute chart with an overlaid volume profile and anchored VWAP bands demonstrates a high volume area breakout on Tuesday last week having passed through the entire high volume area bottom to top the previous 24 hours. On those days it had a burst of volume. The volume is constant and consistent. Earnings are in two days. More volume spiking has been seen in the last trading session. I see this as an excellent long trade setup as a swing trade for the rest of the week into next if the earnings are better than they were last November
NASDAQ:ROKULong
by AwesomeAvani
Could TSLA short squeeze? LONGI have had two TSLA puts that have performed well. One was liquidated today to buy a call optio. I may do the same thing to finish out the trading week. TSLA for one reason or another while Musk announced he wants more shares from the board and pricing was modified in Europe has stabilized its price in the market over the past 3-4 trading days. Price is sitting one the support of a POC line from the intermediate past trading sessions. Given the volatility and volume that TSPA commands, it is possible a short squeeze could set up as shorts buy to cover having seen the consolidation at the bottom. New buyers may see and entry and synergy might make for a decent uptrend. Time will tell. I am a flip-flopper here but I see good reason to go long on TSLA at this time. I have drawn in some horizontal pivots as reference points and will take partials along the way.
NASDAQ:TSLALong
by AwesomeAvani
CHEF rises in price and volume for earnings LONGChef's Warehouse reports in two days. This is a slow grind it out type of stock. In the past week volume spiking is seen on the indicator with the blue bars pointing out aberrancies in volume otherwise called spikes. On the volume profile, CHEF fell down and out of the high volume area of the profile for much of February but on Thursday the 8th re-entered it and pass through it and breaking above it all in the same day. This is a rather explosive reversal pattern. Price has maintain itself above the area in the past two trading session. The past week saw more than a 6% rise for CHEF. This trade is best suited for investors, patient swing traders or those trading options. This is not an intraday stock trade.
NASDAQ:CHEFLong
by AwesomeAvani
Groupon is pushing into earnings LONGGRPN on the 15 minute chart here with a volume profile overlaid hada high volume area breakout from mid December to mid January but then retraced and broke down. It consolidated for one week about the POC line gained some accumulation and then moved back up again. It broke above the high volume area on January 25th then retested it with a light touch on Feb 5th getting support in the rejection. The relative volume has picked up consistent with Wychoff theory ( this is not a fakeout). I see this as an excellent long trade through the upcomng earnings. The dual time frame RSI indicator can be useful to gauge strength minute by minute and so pinpoint entries and exits.
NASDAQ:GRPNLong
by AwesomeAvani
1
HE - get it long before the sparks flyHE is obviously an underdog given what happened in Maui and the aftermath of the disaster. It has that baggage and the ankle weights of litigation public perceptions, electical power infrastructure and all the rest. Seemingly it is weathering the storm. The 15 minute chart shows a ranging price action really going no where until last Friday when volatility struck from a surge of volume. Price jumped out of the high volume area and volume has persisted and so the high volume area widened. The fast RSI in green moved in quick momentum as compared with the slower RSI in red. This is a golden cross of the lines showing a surge of strength. I will take this long. The earnings announce BMO. The make the past possible trade it must be done in the premarket and without a stop loss since my broker does not offer them in the premarket. An options trade will be after earnings depending on what is reported. This is a risky trade so the position will be small relative to buying power.
NYSE:HELong
by AwesomeAvani
Can FSR move higher? LONGFSR on the one hour chart fell from a triple top in mid July into the lower range of the volume profile's high volume area then bounced higher in a series of higher highs but then rolled over and fell again/ It has consolidated sideways about that POC line and now is above it. The indicators including Directional Index Zero Lag MACD and dual time frame RSI all indicate a return to bullish momentum. I will take a long trade the horizontal levels on the chart served as tiered targets for a risk managed trade. I will take some call options contracts as well. I think FSR may follow the market leader in TSLA for a bit.
FLong
by AwesomeAvani
Potential bull flag on ASX futures (SPI 200)The ASX 200 cash market rose for a second day, although the SPI 200 futures closed flat with a potential bullish pinbar on the daily chart. The 1-hour chart also shows a potential bull flag, which projects a target around 7640 (or the Feb 2nd overnight VPOC - volume point of control). For today, bulls could seek pullbacks towards 7580 - 7587 (overnight VPOC) in anticipation of a break higher. Or wait for the break to enter long. Upside targets include 7600, 7614 (cycle high), and 7640 / 100% projection.
ASX24:AP1!Long
by CityIndex
TRX/USDT Trading Scenario: TRX Accumulation We are considering the scenarios of TRX development and initiating purchases of the asset. Since March 2023, the asset has demonstrated a noticeable upward trend. It surpassed the 200-day moving average level, which is a strong indicator. TRX’s price has increased by more than 120% since reaching the $0.12367 mark. This indicates significant attractiveness of the asset during this period. It is also worth noting that while the price of BTC is decreasing, this asset continues to show stable growth. This may indicate its strong position and potential for further growth, despite the overall market direction. However, given the current market scenario, there is a possibility of a correction in the price of the asset along with the overall market movement. We are considering the possibility of entering a position on the TRX correction. We plan to start accumulating a position when the price reaches around $0.10528 and consolidates above this level. If the price declines to the sloping trendline at approximately $0.09689, we might also consider adding to the position. This approach is based on the desire to enter a position at an optimal level that will support our risk management strategy and increase the potential profitability of the trade.
by Rick_SimpleSwap
TSLA Short / Put Options Recap Volume Profile Strategy SHORTTSLA is shown here on a 30-minute chart. Utilizing only a volume profile indicator and stray fundamental related news, TSLA was watched for a short entry in consideration of the antics of its CEO and the price cuts in Europe coupled with the challenges of NIO, XPEV and BYD in China and China's recession I opted to look for a short entry. Analysis, trade entry and trade management and trade close are on the chart in a text box. This idea and recap of TSLA short shows the utility of volume profile analysis in making a very profitable short trade on TSLA which uses a precise entry after confirmation and the same for the exit. As such, this also makes possible very profitable options trades with near-term expirations to optimize the value of thorough analysis before the trade combined with a tight entry and good follow through to make for high profit with less risk. Using TVs alerts and notifications this trade was managed with little screen time making for a high profit yield per hour of effort. Rinse and repeat as they say.....
NASDAQ:TSLALong
by AwesomeAvani
1
XRP/USDT Investment OpportunityWe are considering an investment position in XRP. After a explosive growth of over 98% in a single day in July 2023, the asset's price reached $0.9378. This was followed by a swift return to pre-spike levels, then a jump from $0.4597 to $0.7490, resulting in a significant increase of over 60%. Currently, the price has returned to the reversal zone, representing the upper boundary of a long consolidation period that lasted for a whole year. During this consolidation period, there was high trading volume, indicating significant attention and activity from large market participants. In light of the current market dynamics, we are analyzing the possibility of acquiring the asset within the consolidation range for long-term holding. In case of further price declines, we also consider additional purchases of XRP, complementing our portfolio in line with current trends and prospects. This strategic decision aims to capitalize on potential growth opportunities and ensure portfolio stability amidst market volatility.
by Rick_SimpleSwap
USO ( Oil Futures ETF) Swing Trade Review LONGThe idea was that while US Oil is not directly affected by the tensions in the Middle East as most of it is domestic consumption, what portion of it that is exported does not go through the Suez Canal but rather across the Pacific to Asia mostly. The idea was expanded by no matter that, the Middle East quagmire affects global oil prices all intertwined. The China recession is a drag on oil prices as is Russian sales below market but no matter the shipping costs have gone up and so also the price of what is being shipped. The 30-minute chart shows the trades based on the premise of a volume profile with the evolving high volume area between the blue lines and price simply a black line. As the price is supported by the lower black line and resisted by the upper black line and the price is expected to rise, the trade plan was to "buy low" when the price dropped to the lower black line with two lots of shares. When the price rose to the upper black line sell one of those lots and run the other to gradually acquire more shares and average up. A high-volume area breakout 3 days ago was also used as a buy signal. As of the present, the trade is carrying five lots of 10 shares each. Profit has been pulled out in partials each time a lot has been sold at a red down arrow. The trade close signal will be from the RSI indicator when the fast RSI line in green goes under the slower red RSI line. Upon closure, the profits will be redeployed by shorting USO using a similar strategy: short selling at the top of the high volume area two lots of shares and buying to cover one lot at the bottom of the high-volume area. Although this trade is a slow-moving swing trade used for disciplined and deliberate trading, it is very low risk with moderate profit and for the most part is risk-free because the entry points are relatively precise especially if using a shorter time frame than the 30 minutes here.
AMEX:USOLong
by AwesomeAvani
1
TMV Triple Inverse Treasury Bill ETF LONGTMV on the 4H chart appears to be reversing a trend down since 12/28. YTD it is rising. The reasonable target is the Fib 0.5 retracement at $40 while support for a stop loss just below the POC line of the volume profile is $29.25. As such this is a 35% upside. The RSI indicator shows the fast RSI rising and crossing over the slower RSI while the relative volume indicator shows increasing volumes reacting to the price bottoming and accumulation underway. I see this as a long trade set up while recognizing that fundamentals such as interest rate adjustments and inflation data could impact the technicals.
AMEX:TMVLong
by AwesomeAvani
UROY Uranium finance lease mining play LONGUROY does royalties foe uranium mining ore to refined et cetera. On the 60 minute chart, it has been on fire this week picking up 30% in market cap showing explosive volumes at 5X and sustained. The past two days have been rest and recuperation in consolidation. The zero-lag MACD suggests there is more upside in the near term with a line cross under a histogram rising from zero. The advanced RSI indicator shows a relative strength pullback from 80ish to about 65 and surprisingly the linear regression lines suggest an oversold state at present. I will take a long position here which may be risky at nearly 2 standard deviations above a rising mean VWAP and extended from the POC line of the volume profile but the supertrend indicator is showing a stepped rise and that is good enough for me. I have a new position in UEC a penny energy stock in the uranium subsector.
NASDAQ:UROYLong
by AwesomeAvani
5
UROY Swing Trade Recap Volume Profile Analysis LONGUROY on a 15-minute chart with the volume profile and the EMA cloud as the indicators demonstrates a one-week-long swing trade. Both stock shares and inexpensive call contracts were traded. The stock trade profit was 30% over five trading days ( MLK Holiday ignored). Options dramatically more profit for the expiration of 1/19th. The analysis, setup and trade management occupied about 5 minutes per day as assisted by typical alerts and notifications on the indicators as per TV. The options contracts were closed as they were expiring later that Friday afternoon. The stock position could have continued over a closed market weekend but I opted to close the the entire position of stock simultaneously with the options. This idea demonstrates the utility of the volume profile in this case applied to a penny stock the hot uranium subsector within the energy sector at large. See also my other ideas on UROY and also UEC. The profits here will be used to take another long call option for UROY striking $ 5.00 for January 2025 sith some change left over for the next re-entry.
NASDAQ:UROYLong
by AwesomeAvani
BEAMX/USDT Trading IdeaBelow is a speculative idea for the BEAMX/USDT coin pair. After reaching its historical maximum in mid-December at a price of $0.027332, the asset experienced a correction, resulting in a decrease of more than 38%. Following the completion of the correction, there was a consolidation phase. At present, a resistance level has been identified at $0.023531. Additionally, an inclined support level has been detected, indicating stability in the asset within this price range. As part of the trading strategy, we anticipate a potential third approach of the price to the resistance level at $0.023531. If this scenario is confirmed with active trading near this level, we consider entering a position with the goal of surpassing the resistance level and further moving towards the historical maximum, potentially leading to a 15% increase. In the event of strong market support, there is also consideration for breaking the all-time high at the price level of $0.027332, which could be viewed as a potential entry point.
Long
by Rick_SimpleSwap
CRV/USDT Accumulation PhaseBelow is the description of the accumulation phase potential development of the CRV/USDT cryptocurrency pair. After reaching a local minimum in November 2022, when CRV was trading around $0.3982, there was a convincing upward movement that led to a significant increase to $1.29. During this period, the asset demonstrated a growth of more than 225%. Subsequently, the asset gradually declined, reaching a new local minimum at $0.3882. During the price decrease, a descending trading channel was formed. At the moment, the asset is testing the upper boundary of this channel, which is occurring at the level of $0.6382. Considering the current trends, we can assume that the asset is preparing to overcome the upper boundary of the trading channel. This could happen after a small corrective pullback to the average price within the descending channel. Following a successful breakout above the upper boundary of the channel and a subsequent retest with a possible bounce from it, a positive signal for further growth of the asset can be expected. This scenario could indicate movement towards a price maximum at the level of $1.29.
Long
by Rick_SimpleSwap
AAVE/USDT Trading IdeaWe're discussing the development idea in the accumulation phase for the AAVE/USDT crypto pair. In June 2022, there was a notable decline in the asset, hitting a local bottom of the existing bearish trend at $45.80. However, it confidently surged from this level, reaching $115.27, showing over a 150% increase . Later on, the asset chart displayed the formation of a descending triangle, accompanied by significant trading volumes. Currently, we observe AAVE's price breaking out of the described triangle and starting to trade within an ascending channel , confined by values from $115.27. This might indicate a potential continuation of the accumulation phase with a possible price squeeze toward the local maximum. Hence, the present trends and price chart structure suggest interesting dynamics in the asset's movement. Considering these trends, it's conceivable that the asset is preparing to surpass the local maximum of $115.27, paving the way for further upward movement. The initial target for this upward trend could be the strong resistance level at $200. If this level is successfully breached and bullish pressure is sustained, the subsequent potential target could be around $260.
Long
by Rick_SimpleSwap
2
SAND/USDT Trading IdeaBelow is a trading idea for the SAND/USDT pair. Since the beginning of October, this asset has shown a consistent upward trend. Starting at $0.2739 and reaching a current high of $0.5970 , it has grown by more than 114% . The trend line, acting as support, confirms continued interest from buyers in this coin, having held up through three significant approaches. Currently, the asset is undergoing a correction after hitting a local price peak. The idea is to consider buying the asset if the price drops below the Value Area High and approaches the level close to the support trend line. The trend's stability is confirmed by the continuation of the upward movement after the correction from the local peak, accompanied by noticeable increases in trading volumes. After entering a position, the first target is considered to be $0.5992, with the second target at $0.7178.
Long
by Rick_SimpleSwap