ETCUSDT (2H) VWAP StrategyThe information contained herein has been prepared for general information purposes only. The comments and recommendations contained herein are based on the personal opinions of commenters and recommenders. It should not be interpreted as a buy-sell recommendation or a promise of return on any investment instrument. These views may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations.
Vwappivot
SPY gap down intraday analysis and possible scenarios.SPY sellers have been in control since March 29, and today finally hammered the SPY down below a significant support daily chart support level - finding support at the AVWAP drawn off of the March 15th Fed rate hike. I believe the support level that was gapped below today will be tested as resistance in the near future. If it fails off of that support level, I'd expect the SPY to go down and test support at the AVWAP drawn off of the beginning 2021.
ADA Primed for Another Bullish Runw Crypto Traders,
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Analysis:
ADA forming bottom structure. Multiple RSI support validations in the same region, in conjunction w/ the most recent RSI down trend making a higher low.
Volume is setting up for an inverses head and shoulders type of structure. Volume spike over the overhang diagonal resistance line would be a solid entry signal.
VWAP RS flip @ buy trigger. These events should happen concurrently with -DI trending down, as it appears to have hit a local top, signaling a quality bottom structure.