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Pricevolumeanalysis

Bitcoin: Buyers Coming Back in with StrengthOn April 22nd I wrote that it was highly likely that Bitcoin would continue down to test the 45,000 support level. However, I also said that it could turn out to be a failed breakout of the 51,300 support level. I said we would know fairly quickly within 24-48 hours. Well, it took about 72 hours. Price is now back above the 51,300 support level and buyers came in with a lot of strength on April 25th around 5PM PST. Click link to see this on hourly chart www.screencast.com Today, on the daily chart we printed a buy volume climax bar and yesterday was also a buy volume climax bar. I have pointed these out with blue arrows. These two consecutive buy climax bars and price passing above the high of the April 23rd sell volume climax bar increase the chances of price continuing higher very soon. We'll see if price can completely come up and smash through the 21 day EMA which would make the sellers very nervous. Now, it is also possible we could see another move down because when price corrects it usually does it in at least two moves. If that did happen, I would say it could go to the 44,000 price level or a little lower because that is where the 21 day EMA is for the weekly chart. I would then expect a bounce and resumption of the uptrend after that. We'll see what tomorrow's bar brings! Note: I do not own any Bitcoin at the moment.
COINBASE:BTCUSDLong
by Steven7960
3
SPY: 3,2,1 Blast OffBuyers have yet again taken price above a low volume buy bar. Price went above the low volume bar of April 13th and those three following bars were "normal" volume days which is a strong indication that the buying is strong and we are definitely headed higher. There might be a small correction but it is highly probable we are going to continue to put in new highs on the S&P. According to the daily chart as it is right now, 4,300 on the S&P is a reasonable price target.
AMEX:SPYLong
by Steven7960
4
Cardano: Breaking Out with Climax Buy VolumeOn April 8th big players stepped in as can be seen on this chart with the cyan blue colored bar. There was an incredible amount of volume but the range of the bar was small. This is known as "high churn". Price continued to stay above 1.18 and on April 12th a buy climax volume bar printed (blue bar on chart) with a high of 1.345. Three buy climax bars followed one of which put in a new all time high. Four climax bars in a row is a strong indication that we are going to see higher prices. Somewhere between a 65%-80% chance price will put in a new high. April 16th bar was a bullish bar and there is no indication yet that price is selling off or correcting. Price will have to go below the low of the April 13th and/or April 12th bar to change the probabilities in the favor of the sellers and move price back down to support levels around 1.16 or 1.05. We'll see what the next bar brings! Note: I am currently long Cardano and I went long around April 9th.
KRAKEN:ADAUSDLong
by Steven7960
1
IPOE : PRICE ACTION & VOLUME / MOMENTUM TRADESpeculative / Trading the Narrative SoFi going public at $8.65B valuation via merger with Chamath's Social Capital Jan. 07, 2021 10:59 AM ETSocial Capital Hedosophia Holdings Corp. V ( IPOE )By: Liz Kiesche, SA News Editor Social Capital Hedosophia Holdings Corp. V (NYSE:IPOE) soars 30% after Sofi Finance (SOFI) confirmed a Reuters report that online lending startup is nearing a deal to go public by merging with the blank check company lead by VC investor Chamath Palihapitiya. Update 12pm: Palihapitiya confirmed the news in interview on CNBC and a press release was issued Transaction values SoFi at an equity value of $8.65B post-money and is expected to provide up to $2.4B in cash proceeds, including a fully committed PIPE of $1.2B, and up to $80M of cash held in the trust account of Social Capital Hedosophia. Palihapitiya-sponsored special purpose acquisition companies have already signed deals to take Opendoor and Clover Health public via mergers. seekingalpha.com
I
by TradingMavericks
7
GBPNZD Short Trading OpportunityHi FPC followers, Here's my sentiment for the following pair. The trend is stacked bear on 15M chart, in line to this chart. It is likely we can spot potential price action during the London Session. We can observe that there is a significant volume sustained above the whole level, and another pump up yesterday. Let's be patient and wait for a setup Trade safe ForexPipCheats Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work for you as well as against you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. Disclaimer: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary or educational information and does not constitute to investment advice. I do not accept liability for any loss or damage, including without limitations to, any loss of profit, which may arise directly or indirectly from use of or reliance on such
Short
by ForexPipCheats
EURAUD Bear DistributionHi FPC followers, Here's my sentiment for the following pair. We can observe price being pumped above whole number with sustained volume before heading for a lower low. Current consolidation is above whole number with strong volume as well, trend stack validated. We should begin to observe bears making their moves soon You may consider a scout trade or a classic short setup Entry point: 1.64300 +/- SL: 1.64507 TP: 1.63235 Trade safe ForexPipCheats Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work for you as well as against you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. Disclaimer: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary or educational information and does not constitute to investment advice. I do not accept liability for any loss or damage, including without limitations to, any loss of profit, which may arise directly or indirectly from use of or reliance on such
Short
by ForexPipCheats
EURUSD Classic Long Setup UnfoldingHi FPC followers, Here's my sentiment for the following pair. All TF D,4H,1H,15M shows a strong bullish uptrend. Previously in 15M TF we can see MM favouring lower prices to open long, high volume activities consolidating below key SR areas (Yellow area). Though I am expecting more consolidation below 1.18 (Blue area), as of this post it a potential breakout is happening. Waiting for a retrace and wave leg 3 to determine the EP. Trade safe ForexPipCheats Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work for you as well as against you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. Disclaimer: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary or educational information and does not constitute to investment advice. I do not accept liability for any loss or damage, including without limitations to, any loss of profit, which may arise directly or indirectly from use of or reliance on such
Long
by ForexPipCheats
USDJPY Trend outlook remains bearishHi FPC followers, Here's my sentiment for the following pair. D and 4H Charts show a pullback to lower highs while 1H and 15M are showing a bullish trend. From the evidence gathered, this pairing is still rather bearish. 15M chart shows high activities of accumulation above the whole number 106.00 twice (Yellow area) and is it is currently still consolidating above the whole number zone (Blue area). As of this posting, the price is dumped below the whole number, another potential stop hunt back around 106.00 - 106.500 is likely before another bearish run for the week ahead. Trade safe ForexPipCheats Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work for you as well as against you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. Disclaimer: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary or educational information and does not constitute to investment advice. I do not accept liability for any loss or damage, including without limitations to, any loss of profit, which may arise directly or indirectly from use of or reliance on such
Short
by ForexPipCheats
EURUSD Re accumulation Hi FPC followers, Here's my sentiment for the following pair. The bull tide is rising steadily, bull trend is confirmed on D, 4H and 1H charts. From the analysis, we can observe a reaccumulation in the yellow box with high activity. though more activities are observed to be at the highs. From the current timeframe, it is likely MMs pushing price lower below the whole level 1.17 (blue box) to do more accumulations before the next breakout. Risk-takers may consider entering a scout at price below 1.17, assuming price volume favours. Nonetheless, patience is key. It is recommended to wait for confirmation for a classic long setup. EP at the 3 leg of wave and a breakout confirmation. Trade safe ForexPipCheats Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work for you as well as against you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. Disclaimer: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary or educational information and does not constitute to investment advice. I do not accept liability for any loss or damage, including without limitations to, any loss of profit, which may arise directly or indirectly from use of or reliance on such
Long
by ForexPipCheats
Price versus Volume. A hidden signal?A quick view on the SPX500 future shows something interesting. It is not rock-solid analysis, but just something fishy that caught my eye and I want to share. Discussions are welcome. In the last week, we can see two interesting phenomena: - Big downwards price moves happen with big volume, mostly day time activity(blue) - Big upwards price moves happen with small volume, mostly night time activity(orange) Of course there are examples in this graph where things make sense (green) or where we see downwards momentum with little volume and upwards momentum with higher volume. But still… I find it interesting. It seems market is very willing to push this down, but overnight news/players pushing it, cause it to keep strength. And look at that candle to 2980! No volume at all! It’s fake. Fake news eheh. For me this is another signal how this is a bubble that is about to burst. Do I dare to trade on this now, in size? No. Not without more confirmation. Do I think this should go down? Hell yes.
OANDA:SPX500USD
by pptw
18
USDJPY Bear Accumulation above key SRAfter yesterday's reversal bull run, it hit the strong resistance level (Fibo and whole number) of above 108.00 with serious volume at the top in the M15 Chart this morning. Strong signs of bear accumulation at the top. Nice PA wave exited dragon on 3rd leg for a possible entry point. Since trend is still below the dragon, this entry may be considered a scout. Next reversal would be back down to 106.745. Let's wait for London Stock open for further PA confirmation.
Short
by ForexPipCheats
1