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Spike

BPTH Case StudyI remember seeing this move live in real-time when it happened. It was amazing! Thought of doing a study case of this pattern. The chart is self-explanatory. First, you wait for the first part of the pattern to happen ----> Huge gains + Huge Volume Second, you watch it does the first pullback, and keep an eye on the HIGH. Third, when the stock is making a new high, you enter with momentum, risking to the previous low. The previous low is almost 50% away but it is fine, it is safer this way, being conservative protects you in the long run, putting 1 unit of risk on this trade. Either to take profit on the way up somewhere when the profit seems substantial, or according to the gap theory, or take profit when touching the EMA, or when you see the move is drying up. You can see that the move is drying up when there is no substantial volume on the rallies + the rallies don't follow through. Note to self: I noticed that when there is a downtrend on drying volume, odds that the downtrend will continue ---->>> POTENTIAL SHORT SETUP *** Could possibly look at options if they are profitable or not for this trade.
NASDAQ:BPTH
by ZoharCho
1
April 4 Market UpdateMy apologies for the absence of communication. Was sidetracked with other projects and only posted to my website. In the coming sessions, participants will want to pay attention to where the S&P 500 trades in relation to Thursday’s end-of-day spike higher. More On Spikes: Spike’s mark the beginning of a break from value. Spikes higher (lower) are validated by trade at or above (below) the spike base (i.e., the origin of the spike). In the best case, the S&P 500 remains above the $4,004.25 spike base. Doing so means that the participants are finding higher prices, above the VWAP anchored from the March 17 rally-high, valuable (i.e., buyers, on average, are in control and winning since the March 17 rally-high). More On Volume-Weighted Average Prices (VWAPs): A metric highly regarded by chief investment officers, among other participants, for quality of trade. Additionally, liquidity algorithms are benchmarked and programmed to buy and sell around VWAPs. In the case of higher prices, given that the $4,015.25 price extension was achieved in after-market trade that established an overnight high at $4,038.25, participants can target the $4,062.00 extension. More On Overnight Rally Highs (Lows): Typically, there is a low historical probability associated with overnight rally-highs (lows) ending the upside (downside) discovery process. Any activity below the $4,004.25 spike base puts the rally on hold and calls for balance or digestion of higher prices. Balance (Two-Timeframe Or Bracket): Rotational trade that denotes current prices offer favorable entry and exit. Balance-areas make it easy to spot a change in the market (i.e., the transition from two-time frame trade, or balance, to one-time frame trade, or trend). In the case of lower prices, participants can look to whether a test of the $3,943.00 and $3,908.25 high-volume areas (HVNodes) solicit a response. More On Volume Areas: A structurally sound market will build on past areas of high-volume (HVNode). Should the market trend for long periods of time, it will lack sound structure (identified as a low-volume area (LVNode) which denotes directional conviction and ought to offer support on any test). If participants were to auction and find acceptance into areas of prior low-volume, then future discovery ought to be volatile and quick as participants look to areas of high volume for favorable entry or exit.
CME_MINI:MES1!
by Physik
HIVE/USDT Update: All targets are fully reached >450%HIVE just spiked and did reach our last target set at 450% from our entry. So enjoy and and have fun. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
by tumbler55
ATM/USDT Update: Fully reached our >100% TargetATM had a good month and reached our target. Since ATM is out of champions league I guess we go down within the shortterm. That's why the re-entry box is that far down. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
by tumbler55
PSG/USDT Update: Fully reached our > 100% TargetPSG had a great run mainly because of its champions league victory. I guess it stays that way that in case of a win we go up and in case of a loss we go down. A bit like casino.^^ Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
by tumbler55
ASR/USDT Update: Fully reached our >100% TargetASR spiked as expected (a bit higher than expected) and is currently consolidating above previous resistance. If this previous resistance turns into support one can see this as a good re-entry as shown by the box. Keep in mind that this trading pair is very illiquid and likes to spike and drop. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
BTT/USDT TA ideaBTT saw a spike during the beginning of the February pump and is since consolidating. Support (green line) has been tested several times and seems to hold. So we now look upwards. Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Green lines are tested support lines. Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. Cyan line is for volume trendline. Purple lines are trendlines we take a look at. Yellow lines are for visual help only.
BLong
by tumbler55
ASR/USDT Update after 200% Profit and hitting target at 10$Guys I hope you took profit at 10$ as it was our last resistance line. The soccer market places are not liquid at all so we will see these kind of spikes. We now look forward to crush the last resistance line. Afterwards we dive into price discovery mode. Tell me what you think about it. Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Cheers ps. Chart explanation: Green lines are tested support lines. Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. Cyan line is for volume trendline. Purple lines are trendlines we take a look at. Yellow lines are for visual help only.
Long
by tumbler55