BTC Balanced Volume Profile BTC is now trading in a textbook D-Shape Volume Profile. In english - Buyers & Sellers are happy to transact here and will stay inside the value area & consolidating sideways until further notice.
Consolidation at POC is a signature of this profile, and one of the easiest and least stressful trade setups because now, your mission, should you chose to accept. Is to fade the Highs (VAH) and Lows (VAL) and avoid the middle unless you love donating money to the market.
I'll have buy limit orders waiting right below the VAL where we have the single prints. It doesn't get any easier than this.
Doesn't mean price cant rip through, but this is always the best entry with less risk, especially when the single prints have not been tested yet..
BINANCE:BTCUSD CME:MBT1!
Fixedrangevolumeprofile
Using LuxAlgo SMC Free indicatorSometimes Indicators helps calculates the swing points without any effort especially during live trading.
POC is part of a tool called Volume Profile. In this case, Im using select Fixed Range VP to identify short term POC to see where PA can bounced from.
When markets moving sideways or in a Trading Range, PA tends to be choppy.
Nobody knows about the future, if they claimed to know, just run away. Here are some probabilities how PA would do next.
Long & Short Entry Forecast For GoldCooling war tensions seem to be cooling the Gold bullish rally as well.
But we're still in the same range since April 15th and will likely stay in the range until further notice *or the next tweet*
The Sell entry is great now cos we're near the top of the high volume node, so even if we consolidate around that POC this sell entry will still be putting us closest to the top of the node.
Hold your sell and TP at the VAL . We have a very deep low volume area there and its being a point of support since April. So we can place bets with small risk on hoping it holds cos if it doesn't, it wont be pretty. That is still the best place to buy regardless. So manage your risk accordingly
TP 1 for the Buy trade is at the POC , which also happens to be the top of the huge volume node. Totally make sense to take a decent chunk of profit of your position there, then move you stop loss into profit and grab some pop corn. Depending on the news , the best case scenario of for the uptrend is to continue all the way up to TP2 which is at the VAH
Secure the bag :)
Enjoy
Pepe large time frame PoC 1 March 2025Fixed Range Volume Profile from Sunday 3 November 2024 1am. At the moment we're at the VaL (Value Area Low) BUT resistance at the PoC (Point of Control).
Having said that, this is on a 12 hour chart. Momentumm looks weak. Trade cautiously.
Zoom out for all Volume Profiles that I'm using.
By low, sell high is what they say. In this case were at a low.
This idea correlated with the recent ideas:
and:
SUPER BULLISH ON THIS PROJECTIf the previous months value area high holds or does not, there are two ways i'm expecting the price action to play out.
#ONDOFinance #RWA
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AVAX 17% PUMP OR 5% DUMP INCOMING.If we can flip $34.50 (Monthly Value Area Low) into support, I would expect price to rotate to at minimum the POC (Red Line). the next target would be The value are high 17% away from current price.
If rejected, 5% drop could follow.
#Avalanche
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7% PUMP OR DUMP INCOMING FOR CHAINLINKCurrently trading at resistance. we need to flip this $24.75 level into support to then aim for a 7% pump to the upside.
If we reject here, I would expect a 7% dump to the value area low.
#Chainlink #Crypto #Oracle
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SUI 10% PUMP OR 16% DUMP INCOMING#SUI needs to flip last weeks value area low into support $4.18, then I would expect a 10% rise to the value area high.
If we get rejected here, a 16% drop to support is likely.
#Crypto #Blockchain #Altcoin
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KIRLOSBROS - Cup & Handle patternAll details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts.
Disc - Am not a SEBI registered analyst. Please do your own analyses before taking position. Analysis provided on chart is only for educational purposes and not a trading recommendation.
MANTA 400% Gain IncomingOMXHEX:MANTA - Technical Analysis Request
Three distributions shown. The current range is likely an accumulation before a breakout.
The value are lows shown of the previous ranges will be the most important resistance zones.
From current price 400% possibility to ATH #MantaNetwork
Lows of the range has been swept. Next challenge is to break the trendline and continue upwards.
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SHORT IDEA in BITCOINHello, fellow traders!
I’m sharing a short idea on BTC. Bitcoin has recently reached over 79,300, and I’m opening a short position with a stop-loss (SL) at 80,200 and a take-profit (TP) at 76,200.
While I agree with the overall bullish trend on BTC, it seems like the price is moving up a bit too quickly. I’m expecting a possible pullback to around 76K, with a further potential drop to the 72-73K range. Based on this, I’ve decided to open a short position.
Looking forward to hearing your thoughts on this trade!
Very Important Update!Price action is currently trapped between two key value areas. Until we reclaim the VAL above, i'm expecting lower prices to come, and the point of control below (yellow line) is the next target. CRYPTOCAP:BTC #BTC
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Sweet spot to sell USD/JPYHopes of feds cutting rate is getting more credit across the market and we also have Powell about to speak in the morning.
If he further confirms what the rate cuts anticipation, then it's fair to expect a continuation of the USD/JPY dump . At the least we can take some profit at value area low and leave a runner for an expected lower low
30% Rise Incoming#Cardano has held price above the major VAL and weekly level for a few days. I'm expecting higher prices. The POC 30% away is the target.
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JASMY Key Areas To Look For A GREAT TradeAfter a reclaim of the previous week VAL, there a higher probability price moves up to the daily level $0.0303. That area is where I would look to short and the area I'm interested in longing is $0.0241
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Litecoin Has A Battle Ahead!! Lets Go LTC!There's always a few ways things can play out but I'm thinking something like this.
Bullish move to the upside breaking through the POC. There's a lot of resistance right above around $75. If Flipped we have another Major level, the Monthly and POC at $83 &$84 after that is flipped I would expect $105 to $$115.
Keep in mind we can dump to $62 first to test the untapped weekly.
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Volume Profiles Are Important! :)Price respects these value levels. They increase your trade potential exponentially.
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BONK LOOKS VERY BULLISH AFTER I SAW THIS!Played around with the #FRVP tool and loving it.
The red lines are the POC for the previous months.
You can clearly see where the highest amount of volume has been traded over the past 5 months.
We are now above it! This is very bullish for #BONK as long as we stay above it! #Memecoin
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40% Increase on the horizonLets keep it simple. We flipped the VAH into support and continue to build value above, next area to test is the VAL above 40% higher. A nice pump is incoming and keep in mind, if the crypto market is bullish so is Robinhood.
Stay focused.
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RUM Struggling & aims for $6.00If we start closing high time frame candles below $6.80, the target will be $6.00. It left behind a massive FVG & Single print with the buy side imbalance.
Stay focused.
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XRP 16% PUMP To Next Resistance.XRP has broken out of a downtrend which started in March. We manage to close a weekly and daily candle above the POC.
There's a daily level we have failed to close above, over the past 3 days.
Flip that level into support and I would target $0.62 next 16%
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THE ONLY TRADES I'M TAKING - KEY LEVELSI went ahead and marked out a few key levels that I am interested in trading in the next 24 hours.
WE CAN ALSO FLIP THE RESISTANCE INTO SUPPORT. If that happens a would be interested in a long on the retest,
Let me know your thoughts below.
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Heavy Market Drop: Bitcoin and UNI Analysis🔍Let's dive into today's analysis. The market experienced a significant drop, especially Bitcoin. Altcoins also fell, but since Bitcoin's dominance decreased, Bitcoin's drop was more substantial than that of altcoins. Today, I want to analyze UNI, which has dropped less than Bitcoin. But first, let's look at Bitcoin's analysis.
👑 Bitcoin Analysis
🔍 We're analyzing Bitcoin on the 1-hour timeframe. As you can see, after breaking 64,247, which was a trigger mentioned in previous analyses for short positions, the descending channel was broken from below. This can lead to two scenarios:
Trend Fatigue: The price may re-enter the channel.
Sharp Downtrend: The price may continue a sharp downtrend, which happened in this case with a 9% drop to the 58K low. It was then supported at 59,323 and is currently ranging around 61,300.
🔄 I hope you utilized the short triggers mentioned in previous analyses. Our triggers were 64,247 and 63,583, and with a break strategy, you could have easily taken a position with a risk-to-reward ratio of 5 to 20, depending on which trigger and stop-loss size you used.
📊 The selling volume in the market has increased significantly, and as the price takes a breather, the current buying volume is negligible compared to the selling volume during the downtrend, indicating the strength of the bearish trend.
📈 I am not recommending any long positions because it's illogical to open long positions when the market has such a strong bearish momentum.
📉 For short positions, we currently have the 59,323 trigger. If you want to enter earlier, you can use Dow Theory and open a short position whenever a lower low is made. I believe the price will wait for the SMA 99 to catch up since it's quite far from the current price.
📚 Bitcoin Dominance
Let's look at Bitcoin dominance. As I mentioned, Bitcoin's larger drop compared to altcoins is due to the decline in Bitcoin's dominance. This chart shows the percentage of money in the crypto market that is in Bitcoin.
🔑 Yesterday, with the break of 55.06%, Bitcoin dominance dropped, causing money to flow out of Bitcoin into altcoins. Part of this money became Tether, and part went into altcoins, causing both Bitcoin and altcoins to drop, but Bitcoin more so. Currently, dominance is ranging between 53.74% and 56.31%. With a break of the 55.06 trigger, it can move to the lower end of the range.
🦄 UNI Analysis
🔍 Now, let's analyze UNI. I've previously discussed the Uniswap project and its court case with the US in detail, so let's go straight to the chart.
🔄 In the previous analysis, I mentioned that you could open a long position with a break of 11.567, but a fake breakout occurred, and the price couldn't stabilize above this area. Subsequently, the price dropped past the POC fixed range volume profile and continued down to the 6.412 area. After a brief consolidation, it dropped again to the box low of 8.871.
📉 For shorts, the 8.871 trigger is very suitable, especially if Bitcoin dominance increases, making it a great short trigger. The target for this move could be 8.226, and after that, 6.768. A break of 26.35 in RSI could introduce bearish momentum into the market, making lower targets achievable.
📈 For longs, wait for the price to build a new structure. Until then, wait for a break of 10.82, which overlaps with the POC.
📝In conclusion, the market has shown a significant bearish movement, especially in Bitcoin, which has led to cautious market sentiment. For Bitcoin, short positions remain more favorable due to the strong bearish momentum. For UNI, the short trigger of 8.871 is a key level to watch, while long positions should be approached with caution, waiting for a more defined structure and stronger buying signals. Always ensure to manage risk and wait for clear triggers before entering positions.