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Vwapbounce

How to use VWAP for better entry pricesVWAP is an indicator measuring price and volume compared to the moving average measuring price only. I take a major low or the beginning of the trend and i plug the VWAP. I also go to the previous swing high and do the same. Usually it creates a space between the 2 VWAP lines which is considered a non trading area and I wait for price to break either direction , retest the VWAP line. The retest of the line is where i enter in the trade. Above the VWAP, traders are sitting in profits in the specific period. The average LTC trader since Sept 21, 2020, is in break even point. For BINANCE:LTCUSDT , the overall trend is bullish but we are on a critical level for now. I will be waiting for price to break above the Red VWAP line and retest it, before I will consider entering into LTC. For long term holders, the current price may be a nice entry level. Stay safe!
Long
by DEFI-trader
34%, the favorite number for ADAHi crypto traders! 34 is a Fibonacci number that not many people use for retracements. It is mostly used for the moving averages. But here we are, not following the herd like many newbies do! My analysis: On the wave 2, the price retraced at 34% of the wave 1. This time the price retraced to the 23.8%, but this seems to be the wave A of the ABC correction. Another point, the 34 EMA weekly is around the 80c area, and we ve seen that ADA tested this EMA in the past before continuing the uptrend. I use VWAP by taking the previous wave’s low(i change the source to low) and enter in the trade once it tests the VWAP. VWAP level shows levels where the bulls are in control and how much profit are most of the traders. At this moment, the majority of traders are in profit which is bearish, because the incentive to take profit is high. Last point, the LOG mid trend line is located at the 75c area, which provides a strong argument that many strong hands may enter at those levels. STAY SAFE!
Short
by DEFI-trader
Keep Your Eyes on the Volume Behind the MovementThe Key to Success has Been Underneath Your Nose the Entire Time The key detail that every new trader seems to miss is that volume ultimately controls price movements because the presence of adequate volume validates the price movement. If a price movement fails to be validated by adequate volume, then there is going to be an equal an opposite reaction. There exists a variable that satisfies both quantitative and fundamental analysts. That is the Volume Weighted Average Price (VWAP) and it is complemented by the Volume Weighted Moving Average (VWMA). When you do not consider the weight of volume in price movements, you are at the mercy of manipulative, high volume whales that seek to sink Simple Moving Averages (SMAs) during times of low volume in the interest of accumulation of the asset. VWAPs can be treated as the "true" price of an asset on any given resolution, but become less sensitive to change as you zoom out. These ever-shifting values can be treated as floors, in bullish times, and ceilings, during a bear market. You can always expect a "bounce" off of the VWAP in the opposite direction at least once as price attempts to cross over it. These resistance lines are useful to every audience, the soon-to-be long holders who would like to plan a decent entry, the short sellers trying to make a quick buck, and the swing traders who like to make money regardless of who controls the market. One should always keep in mind that price never strays too far from the VWAP before attempting to violently correct itself in the other direction. There is a measure of movement around the VWAP, which we'll call volatility, and it masks the true price of the asset and its direction. By following the VWAP, you can see accurately whether the asset is going high or low. I'm using these customized bands to look for long entries (in the green or below) and short entries (in the red or above) to make short term profits to be accumulated in my spot balances. Ultimately, by building your position you can ensure a long-term profit but it doesn't mean too much if one simply never takes profit. Longs can be slept on. Shorts must be monitored. Set a budget, craft a plan, and stick to it. Remember to remove your principal investment at some point to reduce your risk. Happy Hunting! - Patch Hemlock
by Hemlocked
1
DOTMy Fellow Crypto Traders, Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Cheers & Happy Trading! _______________________________________________________________________________________ ANALYSIS: DOT failing to break the daily R1 could trigger a re-test of the daily S1, which shares confluence w/ the VWAP anchored @ the 15th bar from the current price action. Therefore, a re-test of the daily S1 would be a nice entry scalp, as long as the blue upward diagonal trend line holds. If there is a trend failure, would expect DOT to test .236 fib level for support, and would be a nice long entry once validated.
by AB_Trading-Intelligence
1
ETH Validation Before EPIC Run!! (ETH Update)My Fellow Crypto Traders, Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Cheers & Happy Trading! ---------------------------------------------------------------------------------------------------------------------- ANALYSIS: ETH may be running out of steam after hitting ATH's on some exchanges. However, ETH could be ready to put it into overdrive as it is developing a bullish flag pattern on lower time frames. Therefore, we can see ETH dip slightly more before in the short term before making the big move. Especially when the DXY seems to be hitting the downside. Moreover, even though history does not predict the future of price action, post-inauguration tends to have the markets very bullish.
by AB_Trading-Intelligence
TSLA TREND 2.0Ichimoku lagging span is still showing a strong bullish trend. Now, there are pullbacks which is healthy for the trend but they are nothing more than that. Simple and healthy pullbacks. The ichimoku lagging span indicates how weak the pullbacks are (opinion: i’m guessing it is due to sell offs from investors who are taking profits for the holidays). Also, there seems to be strength within the 600 mark, as it acted as a form of strength and now a possible form of resistance since the 600 mark was broken, and is now providing resistance for the price action. My last indicator for a further uptrend would be the VWAP as it broke past the VWAP and bounced off of the VWAP at 603(still keeping above the 600 mark. Best bet would be to HOLD at least until after the S&P500 inclusion. It would be a good chance to TP, but it may also be a perfect opportunity for more resistance above 600. As further growth comes to TSLA, long term positions should continue to prosper.
NASDAQ:TSLA
by zeusarell13
DOT On Them Bearish or Bullish Vibes...?y Fellow Crypto Traders, Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Cheers & Happy Trading! Note: This is not financial advice, nor am I a financial advisor. Therefore, my analysis should be taken with a grain of salt. ----------------------------------------------------------------------------------------------------------------------------------------------------- ANALYSIS: DOT 9EMA is flirting w/ hitting the downside, which means DOT may test VWAP for price validation. If there is no VWAP bounce, continuation to the downside for lower support footing @ $5.00 region. $5.27 has also been a key area of resistance for DOT, so if support is not confirmed selling pressure could hit, which would fit the narrative of a $5.00 support region re-test. Also, keep in mind if BTC gets ballzy and breaks ATH , we could see a minor dip in Alts till BTC cools off.
by AB_Trading-Intelligence
2
End of the bearish trend of the crude oil contract (CL!)Hello and Welcome to our Daily Analysis, where we breakout the best course of action for a given price situation of a contract. The main topic of today being the Crude oil price. After a big bearish trend lasting the whole day, the situation is finaly getting back on track as the price is showing as significant bullsih uptrend again. Why ? : 2 Big spikes in volumes, breaking the VWAP line with a lot of strength confirming the validity of the signal. Nature of The movement : Bullish in a short term horizon, ( 1/2 days) Best course of action : If you're a seller : we don't recommend holding the contract(expect if you're willing to wait for the bullish movement to stop) If you're a buye r : hold or buy more. If you like our work, don't forget to follow and like us to support us as it would be very much appreciated !
MCX:CRUDEOIL1!Long
by Emporia-Consulting-Group
On Thursday I sold 500 shares SPXS and went long at the bottomFriday many of us thought we might go up, but we had a second day of PAPER SELLING. I'm trading ETFs in a cash account, swing trading.I had bought 80 shares of TQQQ tripple QQQ Bullish. So rather than take a loss Friday morning I bought 200 shares of SQQQ, tripple short QQQ to cover my losses and add profit. I cashed out on those too, bought at $20 sold at $26. I'm still holding 0 loss, really, 100 shares of TQQQ... I am that sure we go up Tuesday. If we don't i will buy another 200 SQQQ. I watch 60 minute candles multiples weeks at a time. I buy at S4 and Sell at R4++ now
NASDAQ:TQQQLong
by dryanhawley
2