Get started

Trend Lines

BIGTIME is trading above the visible range of the VPVRIf the price moves above the visible range of the VPVR (Volume Profile Visible Range), it indicates a significant bullish momentum and potential breakout. The price has entered a low volume node (LVN) area There's a possibility of continued upward movement due to lack of historical resistance in this new price range. Anticipate either a strong continuation of the uptrend or a potential pullback to retest previous resistance levels, which may now act as support. If BIGTIME is indeed support resistance flipping, we could see 30%, 80%, 300% upside. Daily candle hasn't closed above the visible range yet. If this is a fake-out, could consolidate back in the visible range and even revisit the bottom of the pattern.
COINBASE:BIGTIMEUSDLong
by NotQualifiedToGiveFinAdv
1
BTC Battling Key Range with Support at $95.5KBitcoin is currently trading at $95.8k, caught between two significant price levels: $94.5K and $98.8K. The price has bounced off support at $94.5K and is now navigating around the Fibonacci 0.618 golden ratio level at $95.5K, which is acting as support. The Advanced VWAP (Volume-Weighted Average Price) indicator is highlighting the critical range between $94.5K and $98.8K, showing where market participants are most active and where price may likely face resistance or support. Bitcoin's hourly chart also recently showed a "death cross" about 31 hours ago, which could signal bearish pressure, but the bounce at $94.5K is providing some support. Risk Considerations: Potential Risks: A failure to hold the $94.5K support could signal a deeper correction, potentially down to lower levels. If the price breaks below the $94.5K support the next level could be $91.5k Volatility: With low volume and the recent death cross, Bitcoin could be subject to sudden price swings. Keep an eye on volume and momentum to gauge strength for either a bullish or bearish continuation.
COINBASE:BTCUSD
by CryptoMitchX
AUDUSD InsightHello, Subscribers! It's great to see you all. Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe! Key Points - Safe-haven sentiment strengthens due to South Korea's declaration of martial law, driving the yen higher and exerting downward pressure on the dollar. - According to the U.S. Department of Labor's JOLTS report, October job openings (seasonally adjusted) stood at 7.744 million, surpassing market expectations. Some analysts forecast a Federal Reserve rate cut in December, citing the robust labor market. - Australia’s October retail sales increased by 0.6% month-on-month. This rise is attributed to confidence that the Reserve Bank of Australia (RBA) will not raise rates further. Analysts predict the RBA will begin cutting rates in May next year. Major Economic Indicators - December 3: U.S. Department of Labor’s JOLTS report - December 5: Fed Chair Powell’s speech - December 6: U.S. November unemployment rate and nonfarm payroll data AUD/USD Chart Analysis Currently, AUD/USD is consolidating around the support level at 0.64000. Future price direction is expected to hinge on this level. - If the support holds, there’s a strong likelihood of an uptrend, with potential gains up to the 0.69000 level. - Conversely, a break below 0.64000 could lead to a decline toward the 0.62000 level. Should unexpected movements occur, we will swiftly establish new strategies to adapt.
Long
by shawntime_academy
#020 DCA USDJPY ShortPrice now at downward trendline and I am selling as I expect the higher Time Frame to continue buying JPY. JPY remains as the lowest interest rate currency among the major currencies so people might be readjusting their portfolio and continuing to borrow JPY and investing that money else where. Am I correct? I'm not sure. I'm just speaking my thoughts and I could be very far off from the truth. Anyway, money makes the world go round. Just like petrol gives the motorbike engine fuel to burn and rotate. And the starter gives the fuel a reason to ignite. I chose the SGD instead of GBP or other major currency so I could give myself some wiggle room for when other major pairs has some movement, I could take those pairs as well s8nce I feel that SGD is quite exotic and the economy is propped up by other countries mercy. 0836SGT 04122024
Short
by ProfessionalDuckHunter