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Pointofcontrol

We have descending channel on 4 hourly BTCWe are in descending channel on 4 haurly btc chart. I just want to point out that we are at the strong resistance levels like daily resistance, point of control and golden pocket. On top of that we have this channel with multiple touch points on the downside and 2 touches on the upside. With that hidden bearish divergences and bearish candel close on the weekly i am not sure if the bulls are strong enough to fight back at the moment. This may be bad for the bulls if they dont show more buying preassure and some spicke in volume. As of my trades i am taking 50% of the table from 41.9k and look how is this going to play out. What do you think about this descending channel and can we break all this resistances? If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading
by Mladen94
1
The Power of using NPOCS on your Charts BTC/USDA Naked Point of Control is an untested point of control which is either time based or volume based and exists in the current market structure. These NPOCS can serve as excellent targets for trades as well as potential areas of support and resistance dependent upon the NPOC's profile distribution. I have marked this Bitcoin Chart with Daily , Weekly and Monthly NPOCs and using the boxes I have demonstrated how powerful NPOCS can be when incorporated into a trading strategy for Scalps Daytrades and Swing setups. I use NPOCS with other confluences mainly Fib levels and order flow and the respect for these levels is well worth noting . I hope this information helps you define a strategy for your trading as utilizing these correctly will boost your ROI. Whatever the case thanks for viewing my work and be sure to like and follow .
BYBIT:BTCUSD.PEducation
by SJTRADESFUTURES
15
Ethereum ETH - next point of controlsEthereum ETH - next point of controls An untouched point of control (POC) has magnetic attraction for the price (the price seems to remember these levels) Not always - but very often! Ethereum just missed the POC at $2.773. The next higher POC would get ETH back over $3.000. A correction down to the POC $2.471 - $2.515 is possible since we are temporary oversold. What do you think? 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial advice do your own research before investing
BITSTAMP:ETHUSDLong
by Crypto4Everybody
#Cardano #ADA with a nice bounce from FIB 1.272Cardano with a nice bounce from FIB 1.272 The next higher untoched point of controls are $1.235 (green) and $1.349 (orange) since the most seen volume from last lokal high to lokal down was made at this second POC level (orange) Reaching this FIB 0.5 level is very likely IMO. What do you think? 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial advice do your own research before investing
KRAKEN:ADAUSD
by Crypto4Everybody
BTC Weekly Order Block filled?Hey guys I am looking to buy a big portion of BTC here, we are at a POC (point of control) for BTC, also there is a weekly order block which got filled last night (maybe only partially) so institutional investors might be looking to push the price a little lower. I am buying now, and at 32.5k and a limit order for 29.5k. We have dropped 50% from the top without any kind of recovery so we will likely have seen the worst of the capitulation. Even if the bull market has ended we will likely revisit 45-50k before taking a turn lower. Not financial advice. Just my opinion, DOY.
BITSTAMP:BTCUSDLong
by UnknownUnicorn15302902
Cardano ADA broke throught important volume supportThere is a high probability that Cardano touches the lower point of control at $1.15 in a second move down. Below that please take care of this huge lack of untouched POCs and so missing possible support. ADA has to get back above $1.28 with conformation before the more higher POCs come into consideration. What do you think? 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial advice do your own research before investing
KRAKEN:ADAUSD
by Crypto4Everybody
2