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Obvoscillator

SPY shows signs of topping outSPY hits all time high throwing multiple signals that the rally is coming to a close Following long term trend, we see we are at same resistance as July hit before reversing declining volume as recent rally continues gives a bearish signal OBV remains flat while price hits higher highs through out September and October We should expect to see a reversal in the near future. The best move to make right now is tighten up stop losses and keeping watching for more bearish signals.
AMEX:SPYShort
by ratchet-mint
Filecoin - A Stunningly Bullish ChartCRYPTOCAP:FIL This chart is one of the easiest layups I've seen, not solely in TA but the fact a where it sits while the BTC ATH has been been breach prior to the Halvening This is the textbook Ted Warren perfect buying pattern, combined with a Wyckoff accumulation schematic after a perfect 5 wave from the 2020 top. Since then PA has presented an incredibly bullish momentum breakout, exhibiting mammoth volume at exactly the right place seen through on the OBV which has already flown far past the pervious ATH. Do what you will with this information, I know I have.
Long
by ANobleNerd
EWT - Wyckoff Accumulation + Volume #EWT This beautiful falling wedge or #bullflag has all the mechanics of a #Wyckoff Accumulation Schematic built into it, which can be seen by #volume tells in all the right places. After The low was breached note the negligible #volume, then observe the volume on the first solid bullish candle to break through the #wedge. What we want to see after is the follow-through retrace candles reaction, and not just the #volume, but the fact it snatched the stops on the candle a month before it. Pair that all with my favorite leading indicator, #OBV, which has already breached the last swing. I like this PA...
KRAKEN:EWTUSDLong
by ANobleNerd
LUKSO - On Balance Volume + The Stair Step#LUKSO #LYX & #LYXE have a small market cap and a history of coiling then spiking 100%'s followed by deep retraces before blasting further to the moon. The most important indicator that ties all the others together is #Volume IMO. So if we use #Volume to gauge #support & #resistance it gives us an X-ray view through the noise. First note the hike up the staircase of support, then look at the OBV doing the same and showing that strength is already to and #ATH but price just hasn't caught up yet. Now we just stack and wait IMO...
Long
by ANobleNerd
Bitcoin Technical Analysis 2022 - Based on OnBalanceVolumeHello every one, hope you all are doing good. This is not a financial Advice, crypto is very volatile and risky, so please do research by your own before doing trade. OBV OnBalanceVolume is one of important indicator to find the volume locations/movement of volume and the movement of the price. sometimes it's hard to find out the Divergences using RSI alone, stochastic oscillator and MFI is also one good indicator to identify the Divergences. Apart from RSI, MFI and stochastic, we can find divergence using OBV too. For example, as I mentioned in the chart, the Orange Box (from Jan 2015 to April 2016) the price action of Bitcoin was roughly from 200usd to 500usd but the OBV value is showing a huge "Divergences" roughly from just 3M to 23M perhaps the all-time high of OBV is 37M. So, most of the critical volume is inside this orange zone, so throughout the life cycle of Bitcoin this volume is playing a vital role until now. According to Wyckoff theory the market movers or market makers or so-called Composite Men (Orange Box) who buy cheaply and sell at high. Ok, let's come to point, this time am making this Bitcoin Analysis based on OBV to find the critical zones of volume and where we are at now throughout the Bitcoin Life Cycle. After deeply analyzing the OBV and drawing the trendlines and channels where the volume and price is respecting more, after the massive Breakout from the parallel channel (at orange zone), Orange zone is the actual/core accumulation zone of overall Bitcoin where the Composite Men accumulated buying very cheaply and keep Distributing till now and Distribute until the Bitcoin is reset. Final Conclusion1: After the massive Breakout from the Parallel channel, the Momentum of OBV is not drastically increasing but instead its Dropping steadily. From 2016-Breakout to until now 2022 the OBV value is ranging between roughly 25M to 38M (not huge difference), the momentum of going up is Dropped and Instead of Breakout from the channel it Brokedown in the current Bear Market 2022 this is something concerned of. So most likely the OBV will keep testing and testing the top of the channel and to my guess it keeps failing and failing same as the blue ascending triangle in the chart and don't know when but, at some point of time at least once, it should test the bottom of the parallel channel. (May be this test will be the Reset point for Bitcoin). Final Conclusion2: Currently there is a slight Divergence created in OBV as price falling and OBV is showing small uptrend. So most likely soon there will be a counter move in the upside direction and test the upper line of the parallel channel. (In most cases this kind of slight Divergences happens in corrective waves when the market is selling off (during Distribution phase) and forcibly divert the market to move in reverse direction). Please give a like and comment if you have any questions. Thank you.
BNC:BLX
by nmchary
1
BTC/USDT - 1H - Bullish ReversalBTC/USDT has been in a bearish trend. The price action has bounced off an important Support Zone that seems to have caused a bullish reversal. The Bullish Bias is based on the following signals: Price has stopped making LHs and LLs Double bottom at support with neckline breakout GMMA: Slow and Fast MA crossover Falling Resistance breakout with bullish hammers Bullish divergence on RSI + strength over 50 and not too near overbought levels OBV convergence with price (uptrend has conviction) Expecting bulls to be in control and take price towards the Resistance Zone .
Long
by yo_zubair
2
CAD/JPY - 1H - Breakout SetupCAD/JPY is in a range, forming a symmetrical triangle . The price action is currently testing an important resistance zone after forming a double bottom on support zone. I'm expecting a resistance breakout due to Double Bottom + Bullish Divergence on the RSI and Volume uptrend on OBV. Now key zone for bulls is to break above the resistance zone. While a break from support zone will bring bears in party. The price could also stay in the range. Trade your levels accordingly.
by yo_zubair
EURUSD, buyers starting to set up a new continuation? Welcome to Thursday's update. So far today, we have been watching the EURUSD as buyers have started to fight back after some demand crept in yesterday. We are watching the current price to see if a new continuation can confirm on the 4H chart as price continues to sit on its new fast uptrend. We can see the latest trend forming after buyer's first leg higher broke the last downtrend, but we still need to see price confirm with a new push higher from this point. We would like to see a test of 1.0250 resistance, and a break of that level could confirm that we have a new trend underway. The ECB meets later today, and rates are expected to increase by 25 basis points. This is a special occasion as rates have not moved in the EU for some time now. Attention will always be on the statement and if there are hints of more to come. Will this give the EUR a short-term boost? We want to see price continue to trade firm until the decision. If we see a break of the current trend or a move below 1.0155 this could be a bad sign for buyers on the short term. Ensure you tune in for today's ECB meeting at 8:15 am EST. Enjoy the rest of you your day and good trading.
Long
by Eightcap
ASX200 4H, could we see a new test of 6715?Happy Monday. Thanks for tuning in. Today we’re looking at the ASX200 as a few things point to buyer control. Since last Friday, we continue to watch the new fast uptrend remain in play. Buyers are also starting to break out of a wedge pattern, but we want to see if price can get back up to and break 6715. A move up to and break of that level could start to tell us that a new short-term up trend is underway. Thanks to all our subscribers and to the trading community for watching today’s update. We wish you good trading for the rest of the day.
EIGHTCAP:ASX200Long
by Eightcap
LOGARITHMIC INDICATORS bull vs bear Bearish case: - If 69k was our 5th and final wave, RSI failed to make a HH which is typical of a weak final 5th Elliot Wave. Price made a new high and RSI made a bearish divergence. - Weak volume with next to no strength in flow of the move Bullish case: - Given EW theory, the 3rd wave should have significant volume and the 5th should display a clear decline in volume after the 3rd wave. So if 69k was the top 5th wave, we did not see this in volume, rather we saw a constant 'resistance' in volume with no real significant decline - RSI did not have as sharp and aggressive decline after our "peak," like we saw in 2018. A much slower downward trend with not a lot of confidence, now reaching bear market historical lows - OBV had next to no peak like we saw in 2018, and though recently it's flat-lined it is still technically making HH's and HL's (this is displayed on multiple exchanges) When volume dies out, it usually precedes a significant move, I've said this before in my other posts. I'd like to see a clear decision down or up that would kick-start our next run up with strong spike in volume. I've taken this info from multiple exchanges, not just this one you see above. In the end, Bulls and Bears can both be right and still profit together, just depends the timing of it and the side you are on at the time of the move. Right now is the time to be objective and not marry your bias. V
BITFINEX:BTCUSD
by cryptovatsik
XLM The Hidden GemNo shame in taking some off the table especially with a 35% gain. Some notes on XLM : Central banking in Ukraine adopted XLM some time ago, well ahead of the latest eastern European shenanigans It's an ISO 20022 spec coin, might wanna look that up ;) Great utility, fast, cheap and wallet support galore I like it haha So check out the OBV, and where we're at in the cycle to figure out what's right for you. Personally, I think we have at least one more flash wick on deck for the entire market. Reasons for my thinking here are that SPX is toppy AF which impacts Bitty which in turn affects TOTAL2 and 3. Kind of ridiculous that crypto trades in parity with the S&P, like, SERIOUSLY?! As always, DYOR and do not take this as investment advice. Cheers!
by FudBox
XRPaaay . . as GG would sayThere could always be more pop but take a look at OBV as the big fish sell off onto the noobs. Look at my idea on TOTAL3 and see that we're probably going to resume the downtrend as we fill the bottom Fib channel down there. Maybe Bitty has a few more kicks but markets at large look terrible and there's a massive bearish engulfment on the SPX monthly. Sorry bulls, just not time especially with "Month of May, Go Away" just around the corner. The recent 40 million transfer from from Bittrex wallet to ODL platform exchanges was a pretty good indication that someone would be doing some selling of XRP which meant a rally up. Again, look at OBV, it's toppy and we should see some down from here. Just check the chart notes for sentiments and thoughts on where we probably go next. Not investment advice, DYOR and good luck my dudes. Box out
by FudBox
6