Current situation: BTCUSDThis is a typical volume analysis that anyone can do. Take a look at the 1st arrow on the screen, and compare two equivalent volumes per hour. They just pushed the price below 8800, right? Now note the 2nd arrow on the screen. The same volume, but the price didn't go below 8500. Now the sellers want to do a test of 8500. And we are going to understand who is stronger at this level. Do you have any clue how?
Like, and find out.
Varzar
Trading plan using volume analysis: XRPUSDRipple did not just get there but also broke through a psychologically important zone of 0.70 (1st arrow on the screenshot).
Those who followed our recommendations has already closed a portion of the profit and moved the rest to the breakeven point. At 0.65 and 0.66 bulls regained their composure and are going to take revenge on the bears. It is necessary to remember that decimal fractions of Ripple move easily from side to side. Therefore, without panic, cold-bloodedly we expect the price behavior at 0.70 and 0.75. There in Time and sales and DOM, we will see a seller with the first target of 0.60-0.62. Our backup plan is number 3 on the screenshot.
Trading plan based on volume analysis: ETHUSDEthereum broke through the psychologically important zone of 685-700 (1st arrow on the screen). Those who followed our recommendations has already closed a portion of the profit and moved the rest to the breakeven point. We don't recommend to the rest to try to catch up, it is better for them to wait for the consolidation and rollback in order to short. Good areas for sales are 720 and 740 (2 on the screen). The first goal is 650.However, the growing sales landslide can leave our inattentive subscribers without point of enter. Remember, we try to give the best points of enter with a short stop. Do not forget about risk management.
Trading plan based on volume analysis: BTSUSDBitcoin broke through an important psychological level of 9000 on volumes (1st arrow on the screen). Those who followed our recommendations has already closed a portion of the profit and moved the rest to the breakeven point. We don't recommend to the rest to try to catch up, it is better for them to wait for the consolidation and rollback in order to short. Good area for sales is 9145-9200 (2nd arrow on the screen). With the first target of 8790-8800.
Trading plan based on volume analysis: XRPUSDRipple is crammed into a narrow corridor for more than 10 hours. Exit downwards from the corridor by the breakout of 0.7860 (1st on the screenshot) gives a test of 0.76 with the prospect to go even lower. Also, short scenario is exit upwards from the corridor and retest of 0.82 (2nd on the screenshot). Our backup plan is to break through 0.82 and 0.84 on volume (3rd on the screenshot).
Today's Trading Plan based on volume analysis: ETHUSDEthereum is trading in the range of 690-775 for the fourth day, which hints us a good move in the future. We recommend to sell aggressively from these levels (1st on the screenshot). Sell conservatively after the breakout of the 685-700 from the top on the increased volumes and a successful test from the bottom (2nd arrow on the screenshot). The first target is 650-660. Our backup plan is the breakout of 800 (3rd arrow on the screen). Do not forget about risk management.
Trading plan based on volume analysis: BTCUSDSell Bitcoin aggressively if there are hints in Time and sales and DOM at the level of 9380-9450 (1st arrow on the screenshot). Sell conservatively after the breakout from the top of 9200 and a successful test from the bottom (2nd arrow on the screenshot). The first target is 8800.
Current situation: BTCUSDT We were lucky today to see a typical Up Thrust at Bitcoin (1st arrow on the screenshot).
This is one of the best figures in volume analysis, which gives with a short stop much larger profit. At first glance, it looks like the uptrend, when the resistance at 9265 is broken down on volumes. But this is a wrapper from candy. Smart money is much trickier, they win several prizes with this movement. First, they activated the buyers, who put limit buy orders. Secondly, they sold Bitcoin to the market with limit stop-loss. Thirdly, they enticed the weak player into purchases, whose stops lower will activate sales. But that’s not quite the case. In this situation output and fix under 9200 (2 on the screen) will serve as the confirmation of the Upthrust. Because a large buyer can come to the market at any moment and push the price up. And the market is always right, as we know. Therefore, never forget about risk management.
Trading plan based on volume analysis: XRPUSD Ripple, after test of 0.80 (1st arrow on the screen) yesterday, was moved by buyers to 0,8460, where it met the resistance of sellers (2nd arrow on the screenshot). We expect a retest of 0.80, where in the case of breaking through the resistance of buyers on increased volumes and a successful test from below (3 on the screen), we will see the first targets of 0.78 and 0.76. The zone of sellers remains at 0.86-0.8640 - the accumulation yesterday. We need to see the victory of bears in Time and sales and DOM to short surely. Our backup plan is the breakout on increased volume of 0.88 and its successful test from above (4th arrow on the screen).
Today's Trading Plan: LTCUSD (Litecoin)Litecoin fulfills the movement in the Triangle. Perhaps today there will be a way out of it.
Priority of the day: buying LTCUSD with a target of $168.
Litecoin can't gain momentum for growth for too long. With every day of delay, there is a probability of the LTC rate falling to $ 132.
Projected scenarios:
1. We are buying LTCUSD near the zone $ 143 - $ 140 for the target of $ 168. For us today, this is a priority action scenario.
2. The course of Litecoin could fall sharply down to $ 132. After $ 140 we will think about sales of LTCUSD.
Alternative scenario:
Eternal Flat! Joking
Today's Trading Plan: BCHUSD (Bitcoin Cash)The Triangle pattern ends its formation on the Bitcoin Cash rate. It will soon become clear whether BCHUSD will grow.
Priority of the day: buying BCHUSD with a target of $1600.
Today, there are two possible options: purchases and sales of BCH.
Projected scenarios:
1. The BCH rate drops to $ 1320 - $ 1260 and then starts rising to $ 1600 (blue scenario 1).
Today we expect exactly this development of events.
2. The drop in the rate of Bitcoin Cash to $ 1100 (red scenario 2). Sales should not be excluded from the options. But, we will sell deals for BCHUSD only after $ 1223.
Alternative scenario:
Flat for BCH is going to be around for another day.
Today's Trading Plan: LTCUSD (Litecoin)The "Bear Absorption" candle on April 25, 2018 spoils the entire picture of Litecoin's purchases. It is possible that bears can take over bulls. It's hard to say who wins at the moment.
Priority of the day: buying LTCUSD with a target of $168.
The purchase zone for Litecoin $ 140 - $ 143 still remains valid.
Projected scenarios:
1. Flat will be around for another day.
2. The rate of Litecoin will rise to $ 168. We plan to buy LTCUSD near the level of $ 143.
Alternative scenario:
We're facing danger of LTCUSD rate going down. Narrow consolidation after the bearish takeover is a bad sign. We'll be able to tell near the level of $ 143: to look for purchases, or sales of Litecoin.
Today's Trading Plan: BCHUSD (Bitcoin Cash)The Bitcoin Cash rapid growth has slowed down. BCH is in consolidation almost for a week. And it means that the culmination will be soon.
Priority of the day: buying BCHUSD with a target of $1600.
Bears do not give up, and bulls are still accumulating strength. We have to wait for the best price to enter the purchase of BCHUSD.
Projected scenarios:
1. Flat is expected to remain in place until the end of the day.
2. The BCHUSD growth rate to $ 1600. It is better to wait for purchasing BCH in the $ 1324 level.
Alternative scenario:
Prolonged flat is always a risk of reversal. We do not exclude the scenario of a sharp drop in the rate of Bitcoin Cash to $ 1260, with a subsequent target of $ 1100.
Today's Trading Plan based the on volume analysis: ETHUSDBulls won in the bloody battle with the bears yesterday and pushed the price above 685. Then they confirmed their intentions by buying a single large order for 227 ETH at a price of 675 at 22.37 GMT (1st arrow on the screenshot). In an hour, once again a single large order for 279 ETH went through at a price of 686 USD at 23.57 GMT in Time&sales (2nd arrow on the screen). A good area for shopping is in the price range of 675-680 USD with the first goal 740-750 USD (3rd arrow on the screenshot).
Our backup plan: a breakout through 675 and to test it from below (4th on the screenshot).
BTCUSD Trading plan based on volume analysisHaving tested the zone of 8850 USD (1st arrow on the screen) yesterday, the buyers broke the resistance of the sellers with a single order of 98 bitcoins, which took place in Time&sales at 9.36 GMT at a price of 2300 USD (2nd arrow on the screen). After that, the price showed new local highs at 9500 USD. A good area for purchases is 9300 USD (4th arrow on the screen) -this week's moved POC of auction with the expansion goals of Fibo 9800 USD and the long-awaited 10,000 USD (5 on the screen).
Our backup plan is a breakout of 9200 and to test it from below.
Today's Trading Plan: LTCUSD (Litecoin)The rate of Litecoin is narrowed in the Triangle figure. We are waiting for the LTCUSD price to go up.
Priority of the day: buying LTCUSD with a target of $168.
The Elliott Wave Oscillator shows a value below zero. Litecoin has not finished yet its corrective movement.
Projected scenarios:
1. The rate of Litecoin will go up to $ 168.
2. Flat will be throughout the day. The plan to purchase LTCUSD from the $ 143 - $ 140 zone remains in place.
Alternative scenario:
We don’t consider selling Litecoin today.
Today's Trading Plan: BCHUSD (Bitcoin Cash)Bitcoin Cash slowed his growth. The Triangle is not yet complete.
Priority of the day: buying BCHUSD with a target of $1600.
The Elliott Wave Oscillator shows a value above zero. You can see the deceleration of the impulse wave upwards, the flat is possible.
Projected scenarios:
1. The rate of BCHUSD will go up to $ 1600. We are looking for Bitcoin Cash purchases near the levels $ 1260 - $ 1185.
2. Flat will be throughout the day.
Alternative scenario:
We don’t consider selling Bitcoin Cash today.
Today's Trading Plan based the on volume analysis: ETHUSDAngry bears are dominating the field right now and not going to retreat after taking large single orders at 680 USD from under bulls noses yesterday. They clearly want to go below the Point of control of auction this week at 630 USD and to gain a foothold there (1st arrow on the screen). Well, let's see how the bulls respond. If they won’t be able to hold 630 USD, then we may see a deeper correction of the uptrend on half of the entire movement - 530-540 USD (2nd arrow on the screen). But we know what a herd of bulls is capable of, no bear can pose a threat to them. A backup plan: if bulls organize themselves in a herd and drive the bears away from the 680 USD, we will see the test at 700 USD and above.