mapav

mapav Updated 

We see on the daily chart that support at the June-July range low, 18.8k, (which is also the 2017 high) is very strong. The candle is very bullish and is accompanied by powerful volume. Further downside at this point seems much less probable than more upside. Therefore, my analysis concludes we will be continuing the range upwards now. 21.6 seems the obvious...

mapav Updated 

$BTC still following the levels & on track to $24.4k as main target. Volume rising too, so no signs of weakness there. Once at $24.4k main question is if we will push to $28k, or go down to continue a range. If rejected, this will be an easy rangetrade for swing traders. That said, $28k is not that unlikely IMO. And if we do go to 28k, the VPVR indicates...

mapav

$BTC moving as planned thus far: stopping at all expected levels on the 1D chart. I'm interpreting this chart as $BTC forming and moving in a HTF range. I am not reading anything bigger (like macro trend reversal) into the recent move. This is a profitable range for swing traders. 2017 high is strong support so great long opening, and several obvious TP points...

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$BTC basically at the 2017 high right now. Should be strong support. But looking at this 1W HTF chart I can't help but see more downside potential. Seems very counterintuitive to look at this chart and conclude the lows are in, imo. Notice the increase in volume as price continues to drop. And looking at the volume profile, and the visible gap, I don't think a...

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Several hard rejections at resistance (see red dots). Rounded formation at resistance – indicated buyers exhaustion, favoring shorts. Candle has yet to close and a lot can happen especially in those last ten minutes. Possible resistance at 19760 - could be a first TP point. If bullish reaction there is weak (watch volume), I would let it run to 19620, which is...

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So yesterday I posted an idea that said BTC PA is showing bullish weaknesss and may set the precedent for a new drop. (Idea is linked as related idea below.) Reason why I said so was that there was an absence of any significant buyer reaction following the big drop we had the day before. PA was just weakly crabbing, with buyers showing a complete inability to...

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Considering we just had a pretty major drop we would expect at least some kind of bullish strength or some strong support reactions. But in my interpretation the attempts made by the bulls to push price have failed thus far. I am seeing bullish weakness. Or, at the very least we see market indecision in favor of a bearish move. Price has failed to climb, and...

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There are a lot of rejections, paired with volume decreasing here (1H chart). If we drop below the indicated level, I'll consider it safe to keep playing the range a little while longer. Not entering now, because even though you **could** catch a great local top, market conditions are not such that you can assume all too much about what "will happen". Its...

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The 17 - 20 august drop fits nicely in the currently developing PA, and takes us right back to june-july range lows. The Volume Profile would suggest that such a move is not implausible. In fact, the Volume Profile favors it (see my previously posted idea). That said, it is almost *too* fitting. Still, a nice idea to play around with.

mapav

$BTC currently balancing on the VAL and wanting to go below it. Once we start moving down, the volume profile (right) suggests we will move down to 20850 at an increasing pace, possibly to halt there on support for a bit. **If** we lose that, I think there is potential for things to move downwards fast and rather steeply, as the volume profile suggests.

mapav

We have a little upward rounded structure on the BTC price action, accompanied by a downward rounded structure on Volume. Besides being a bearish divergence, rounded structures like this I have found to be especially reliable bearish indicators. The curve signals buying power is increasingly losing strength, reaching a plateau at the pricepoint where it flattens...

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Following the breakdown of the wedge, price is currently situated in the blue box where it could hang around a little. I don't really expect a bounce upward out of this zone. However, if we do have a bounce and break out of the blue box it is likely because the NPOC at 1818 is attracting the price. In that case I would not expect the bounce to go any higher...

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The rising wedge on $BTC is hard to ignore, therefore may appear as too easy of a play. That is suspect, but we must not overthink things. When we were ranging in June - July, I expected to at one point hit lower 17k zone. I didn't expect the rally, but am still of the opinion it is / was a bear market rally and not a turn-around of a bigger trend. So that 17k...

mapav

Hi everybody, here is my BTC TA for the coming week. It indicates all levels of relevance. The areas surrounded by thick grey lines indicate large high volume areas. The "zones of interest" within those areas indicate high volume zones which attract price. The POC and NPOC levels of course also serve as a good reference point for where price may be...

mapav

Title says it all. My TA for ETH for the coming week. Levels and ranges to watch for. Shows good long and short position entries. Hope you like, if you do give it a thumbs up :) Enjoy your day, everyone!

mapav

Hey guys and girls, what's up my TA for BTC for the coming days. The thick grey lines surround value areas. The "zones of interest" are areas where concentrated volume has taken place, which attracts price. The green zones are FVG zones which attract price. Since it is weekend, trading is extra uncertain, but I am thinking there is a good chance we go up to...

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Pure speculation about BTC-USDT. I have noticed that each of the first two "consolidation blocks" took 14 days. So this leads me to wonder: will the current consolidation block also last 14 days? If so, we can expect price to move out of that consolidation block on the 19th, either to the upside or downside. Not a prediction, just an idea. I know these...

mapav

Hello everyone, This is a continuation of the idea I posted yesterday which is linked as a related idea. Yesterday I posted relevant FVG and NPOC levels to look at for now. It seems the FVG level was hit precisely, only for price to drop back to the channel which is now acting as support as was to be expected in case of a rejection at FVG level. I have...