Bitcoin - The Beginning Of The Next Phase!Bitcoin ( BITSTAMP:BTCUSD ) is finally breaking all resistance:
Click chart above to see the detailed analysis👆🏻
Patience once again paid off after Bitcoin has been retesting the previous all time high for about 250 days, not really being able to create a sustainable breakout. But now, after all this waiting, things are happening pretty quickly and Bitcoin is on its way to the magical $100.000 level.
Levels to watch: $70.000, $100.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
Community ideas
Floki (FLOKI):Possible MSB (market structure break) To Happen?Floki coin might be setting up for a nice MSB (Market Structure Break). On the daily timeframe, we’re focused on fair-value gap zones, while on the hourly timeframe, we’re watching the MSB zone. This zone will determine if we see a breakout and upward movement or a rejection and downward movement. 👀
More in-depth info is in the video—enjoy!
Swallow Team
BTCUSD Analysis Today: Technical, Order Flow and On-Chain !In this video I will be sharing my BTCUSD analysis today, by providing my complete technical and order flow analysis, so you can watch it to possibly improve your crypto trading skillset. The video is structured in 4 parts, first I will be performing my complete technical analysis, then I will be moving to the COT data analysis, so how the big payers in market are moving their orders, and to do this I will be using my customized proprietary software, then I will be moving to the on-chain analysis and lastly I will be putting together these 3 different types of analysis.
Mastering the Anchored Volume Profile: Setup & Tutorial on TVMastering the Anchored Volume Profile: Setup & Tutorial on TradingView 📊
The Anchored Volume Profile is a powerful tool that traders use to visualize volume distribution over a specified price range, providing critical insights into market behavior. Here’s a detailed description of its setup and usage on TradingView:
In this video, we will be going in-depth into the following areas:
What is the Anchored Volume Profile?
The Anchored Volume Profile is a specialized indicator that helps traders understand the distribution of traded volume at different price levels. Unlike traditional volume profiles that analyze data over a fixed time period, the anchored version allows traders to anchor the volume analysis to specific bars, candles, or price points.
Why Use the Anchored Volume Profile?
Identifying Support and Resistance Levels: You can easily identify key support and resistance levels by analyzing where the most volume has been traded.
Spotting Trends and Reversals: High-volume nodes can indicate areas of strong interest, helping to predict potential trend continuations or reversals.
Improving Entry and Exit Points: Knowing where the market participants are most active can significantly enhance your decision-making process for entries and exits.
How to set up the Anchored Volume Profile on TradingView:
Add the Anchored Volume Profile Indicator:
Click on the “Indicators” button at the top of the chart.
Search for “Anchored Volume Profile” in the search bar.
Select it from the list and apply it to your chart.
Anchor the Indicator:
Click on the anchor icon that appears on the chart.
Drag it to the specific bar, candle, or price point where you want to start your volume analysis.
Customize Settings:
Adjust the settings to suit your trading style. You can modify the range, color, and other parameters to better visualize the data.
Using the Anchored Volume Profile:
Analyzing Volume Nodes: Identify high and low volume nodes. High volume nodes often act as support or resistance, while low volume nodes might indicate potential breakout areas.
Understanding Market Sentiment: See where the majority of trading activity has taken place to gauge market sentiment.
Making Informed Decisions: Use the insights from the volume profile to make better-informed trading decisions regarding entries, exits, and stop-loss levels.
S&P500: Very bullish after Trump's win! But...Market is still bullish, but momentum is weakening.
There's a clear support zone at between 5910 to 5950. This is where I forecast it will drop to if profit taking were to happen.
If you want to be trading short term, then make sure you see signs of reversal at the 4H chart...like bearish engulfing, tweezer top or double/triple top / H&S at the lower timeframes (1H or 15min).
Then move down to 5min to look for divergences or lower highs for entry.
Gold short term analysisDue to the American election conditions, the price of gold will decrease over time, which will eventually return to its original state with successive price increases.
Considering the geopolitical conditions, we can expect a new price record for gold
In this analysis, we marked the strong increases with blue color, and the pale blue color in this change indicates the possibility of increase.
Sasha Charkhchian
The TSLA Trade Setup You NEED To Know!Even if you did not know anything was going on this week... NASDAQ:TSLA had an amazing long setup on Monday. I posted about it then and wanted to make a followup educational video because it was so amazing! It was a setup I HAD TO TAKE because it was all my rules come together!
Traders need to know these individual components:
Earnings Pullback
Gap Levels
50% Retracement
Spike
And when some or all of them come together you take the trade
MOASS: WC: 24.88 Target: 1800-2400 MOASS: 47k-100KTLDR
-Margin Call
-VWAPS used to control risk
-VWAP Bands measure standard deviations from the VWAP
-Pushing thru the bands takes volume and momentum
-Fibs are targets
-Fib pairs act as support and resistance
-Smaller MOASS box and corresponding fib extensions show really good targets that traders can use to protect their investment
-Sentiment drives price and we don't care about fundamentals
Note: WC in title = weekly close.
TESLA FLASHES LONG TERM BULLISH SIGNAL!!! (November 7, 2024)In this video, I go over 3 potential scenarios of what could happen next to Tesla stock in the coming years.
This is all based around our 12 day & 18 day traders dynamic index, which has historically signaled to us the start of massive long-term rallies in the stock
Our red line on the traders dynamic index has officially broken into the "parabolic zone" for the first time in years on such time frames...
Watch the video to learn what could be just around the corner for Tesla!
GOLD THE S&P 11.8.24 I that some of these markets are overbought and that there should be some corrections lower. up the gold market corrected about $10,000 and then it reversed about $7000.... but it looks like it might go lower to the lower range box which I explained in the video . I thought I needed to put in realistic stops because you need to know what they are. if I tell you gold is a great trade because I think $2000 stop is a small stop... you and I may not agree on what a small stop is. but if I can risk $2000 to make $9000 that is a risk of willing to take. you still have to know what a stop looks like not just the range and you do that through looking at the chart a daily or a four-hour chart. in addition, there are subtle changes in the market that can give you a clue that you can stay in longer or that you should get out sooner and so you look for these behaviors.
Congrats of you longed it!The only trades you need this weekend Well done to everyone who took that long. Remember to post you profits on the PROFIT WALL!
We finally broke the al time high. Here are some local scalp plays for the weekend.
Make sure to follow for regular updates and insights! 🔔💡
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Cardano (ADA): Possible Upward Movement of 10%Cardano has made a good upward movement, breaking the local resistance zone, which might result in a good movement to the upper zones (towards the next resistance zone, where we also can see a smaller CME gap).
More in-depth info is in the video—enjoy!
Swallow Team
Coca Cola - A Clear Trading Setup!Coca Cola ( NYSE:KO ) will provide a textbook setup soon:
Click chart above to see the detailed analysis👆🏻
Coca Cola is one of these "under the radar" stocks which is just trending higher and higher but nobody is really paying attention. However currently Coca Cola is retesting a resistance trendline of the governing rising channel pattern so a short term retracement is quite likely.
Levels to watch: $72, $65
Keep your long term vision,
Philip (BasicTrading)
S&P500: All time high! But sighs of weakness appearing?Calling tops or bottoms is always dangerous.
But since this is just an analysis, there's no harm :)
The Daily is a green doji candlestick. Not the weakest.
However, the 4H is a red doji candlestick.
So, we should see price coming back down as of the next 4H candlestick...even if it's small bodied since it's Asia trading hours.
If price continues to go higher and break above 6030, then clearly the bulls are not with it yet. But I think it should retrace to 6,000 area at the least.
Still think the 5,900 area is a stronger support, but we shall see if it does come back down or not.
IEX NEARBY REVERSAL TECHNICALY NO FUNDAMWNTALS ASPECT WHY :-
1. As shown in this vedio green support line was strong resistance.
2. Two gann fan crosses at same line.
3.If you look gann square of 9 rejection level(244) is almost in 60 degree and where taken support now is almost 315 degree 169 which is odd number square of 13 as well.no ndicatores are showing reversal at these level.