Using AZV indicator with Profile Analysis Btc Dominance is decreasing ,so it will help alts go up ;however in the same time BTC is falling to targets below here . Profile Buy Target : 7880 USDT AZV indicator link :
Hello Traders!, Welcome back! Today’s chart update will be on ICX, bulls have got very critical levels to break to maintain a bullish bias… Points to consider, - Price testing resistance - Rejection from major trend line - RSI coming into resistance - EMA’s holding price as support - Volume climax ICX is trying to maintain a bullish projection but there is...
Using AZV indicator with Profile Analysis Buy signal: (Bounce back ) ( Breakout ) Profile Sell Target : 610 SATS AZV Sell signal : AZV - NO of bars = 26 & Multiplier = 2 AZV Signal type = Open Target SL : Close 1 Hr Heikin candle below 536 SATS AZV link :
DLT/BTC Using AZV indicator with Profile Analysis Buy signal: (Bounce back ) ( Breakout ) Profile Sell Target : 610 SATS AZV Sell signal : AZV - NO of bars = 26 & Multiplier = 2 AZV Signal type = Open Target SL : Close 1 Hr Heikin candle below 536 SATS AZV link :
Using AZV indicator with Profile Analysis Buy signal: (Bounce back ) ( Breakout ) Profile Sell Target : 185 SATS AZV Sell signal : AZV - NO of bars = 30 & Multiplier = 2 AZV Signal type = Open Target AZV indicator link :
Famous Brands has been in a redistribution trading range (TR) and we have been looking for the markdown to continue after a backup to the TR (see post below). The backup (BU) action has formed a smaller trading range that has indicated upthrust ( Which is also the BU of the larger range ). Now we have seen a last point of supply (LPSY) and selling volume on...
Cashbuild has broken out of the redistribution trading range (TR) and has attempted to rally back into the TR (See post below). The 26000 level has proven strong resistance with high volume rejection. After this strong selling, we can expect the markdown to continue.
After breaking the downward stride the hope was that an accumulation trading range (TR) was forming. However, it seems there is no buying interest in the stock with the volume drying up. Attempts to rally have been poor and formed lower lows. The TR has been broken and there could now be more downside to come.
We have been following the AVI distribution since the beginning of the year (see posts below). We are now in the markdown phase. Price has found some support at 8500 but is looking like selling pressure could push it through this level. The 200 day MA has been tested and we see an increase in volume on down bars as it pushes up against 8500. Watching for the break lower.
After breaking the reaccumulation trading range (TR) with signs of strength (SoS) we now see a smaller trading range forming which should lead to some backing up action before the markup in phase E starts. After the breakout and SoS we have had localised buying climax (BC), automatic reaction (AR) and now a secondary test (ST) of the BC completing phase A of the...
Hello Traders, Today’s chart update will be on ACB – Aurora Cannabis INC, which is in a severe down trend that has been respecting Fibonacci extension levels. Price is currently testing a critical technical level that needs to hold to avoid capitulation… Points to consider, - Strong establish bear trend - Support being tested - Structural resistance retest...
Hello Traders! Today’s chart update will be on TRX, 240 timeframe, testing an important resistant level that needs to break to keep the bullish bias. A break from this level will increase the probability of TRX testing structural resistance, which has multiple technical confluences. Points to consider, - Confirmed Trend Change - Support provided by EMA’s - Key...
Using AZV indicator with Profile Analysis Buy signal: (Bounce back ) ( Breakout ) Profile Sell Target : 5713 SATS AZV Sell signal : AZV - NO of bars = 22 & Multiplier = 0.2 AZV Signal type = Open Target AZV indicator link :
Hello Traders, Today’s update will be on Bitcoins recent developments, where a possible fractal is playing out with a confirmed Bart pattern. BTC is now trading at a very strong resistant point which can only be broken with strong bull volume. Will bulls have enough in the tank to break resistance or is a retracement back to support more probable? Points to...
Looking at a weekly chart it seems that we are in distribution that has started in 2015. We now see volume off the tops of the Last Point of Supply (LPSY). There are Signs of Weakness (SoW) and change of character in the background. I break below the yearly pivot point which should be tested this week could result in significant declines.
$ / Tick is calculated using 1 tick = $0.01 What you're doing is taking the total volume executed across ALL the exchanges... Then subtracting the HIGH and the LOW to get the range.. then dividing the two . What that does is evenly distributes/allocates volume to each tick of price movement on the bar. these are daily bars. e.g $1.00 = 100 ticks. Volume 5000,...
Following the downward stride (See post below) Dis-Chem was testing the overbought line. Some selling volume was noticed and today there was effort and response pushing the price down.
Hello Traders! Today’s chart update will be on Bitcoin’s recent developments, a potential bullish formation, an Adam and Eve bottoming is playing out... We also have a visible double bottom within this formation. Points to consider, - Trend Consolidating after initial bull move - Support is found in the green zone - Local resistance is at the $9,700 area...