Volumeanalysis
ROKU runs to Earnings ROKU on the 15- minute chart with an overlaid volume profile and anchored VWAP bands
demonstrates a high volume area breakout on Tuesday last week having passed through the
entire high volume area bottom to top the previous 24 hours. On those days it had a burst of
volume. The volume is constant and consistent. Earnings are in two days. More volume
spiking has been seen in the last trading session. I see this as an excellent long trade setup
as a swing trade for the rest of the week into next if the earnings are better than they were
last November
AUDJPY BEARISH❤️Forex Besties❤️
INFORMATION
The strong short-term decline in AUD/JPY calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 97.47 JPY, one could consider taking advantage of the short-term movement. The first bearish objective is located at 97.04 JPY. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 96.80 JPY as an objective. Crossing it would then enable sellers to target 96.41 JPY. Be careful, a return to above 97.47 JPY could jeopardize the reversal.
🔥SELL AUDJPY 97.800 - 98.900 SL @188.127
✅TP 1 @ 97.600
✅TP 2 @ 97.300
✅TP 3 @ 97.100
❤️FOREX BESTIES WEB - Technical Analysis
Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS
❤️NOTE
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
❤️MONEY CAPITAL MANAGEMENT
⚡️ Only Trade With Risk Capital
⚡️ Cut Losses Short, Let Profits Run On
⚡️ Avoid Using Too Much Leverage
⚡️ Avoid Taking Too Much Heat
⚡️ Do Not Give in to Greed
⚡️ Take profit equal to 4-6% of your capital
⚡️ Stop lose equal to 2-3% of your capital
FGEN A Biotechnology Penny running to earnings LONGFGEN has been uptrending for two weeks. In November's earnings it beat on revenue and
burned less cash than projected. Another earnings report is impending. On the 30 minute
chart, price has pumped 250%. The volume is okay but is not showing a rise and the price
volume trend is flat. This is an unusual pattern. The mass index indicator shows hints of
getting into the threshold and trigger zones. The dual TF RSI shows both low and high TF lines
in the 60s. I am inclined to watch this, the price rise without corresponding volume increases
seems to run against Wychoff theory. I will put it on a watch list. As a speculative penny
stock with no earnings I will leave it alone until I see increased volume and volatility at
earnings. Could there be some manipulation hidden behind the chart?
Nord is 2 Cents, been $20 Just had Record Breaking VolumeWe just had more volume this week with Nord than any other week to date.
This is huge
We called nord back in November due to extremely High Volume when the Price Bottomed Out Showing True Bullish Potential.
Nord has already had days where it's ran as high as 400% and for a limited time only is close to it's original buy in price of 10 cents!
Seriously this is an amazing opportunity anybody looking for longer holds
ETH IdeaHello friends,
BINANCE:ETHUSDT price fall very well. we are near to the place where a lot of volume exist.
I think when price reach that point, Eth will reaction to at and may push the price up.
When price reach there, wait for confirmation and then we can open buy position.
P.S. Please be careful. This is just my idea. Do your analysis first.
ETH - Recurring Wyckoff "Jumping The Creek"CRYPTOCAP:ETH
This patten has unfolded consistently, multiple times, across ETH and many other ERC-20 pairs.
It's a simple Wyckoff accumulation/reaccumulation schematic, sweeping liquidity then double bottoming, followed by a flag at the DB neckline (w/volume) then breaking higher.
The best part of watching this unfold is from a macro bottom into the expansion phase clearly illustrates the lessening amount of resistance PA has to grind through and the angle of acceleration once it breaks.
This is where people get left behind, this phase illustrates the exponential nature of what this space is.
It's beautiful IMO 🥹
Weekly volume divergence and bearish reaction Here is one of the reasons why I expect the dump. Since this “bull” market started, there have been two trends in volume, and both are downtrends. Which creates a massive divergence with the price. The only volume candle that broke both trends with almost double the volume of the yearly trend at that moment - was bearish. Rejection from reaching 50k. Less and less bullish money is creating the price. FOR A YEAR! And bearish cash is there. Obviously.
TRX/USDT Trading Scenario: TRX Accumulation
We are considering the scenarios of TRX development and initiating purchases of the asset.
Since March 2023, the asset has demonstrated a noticeable upward trend. It surpassed the 200-day moving average level, which is a strong indicator. TRX’s price has increased by more than 120% since reaching the $0.12367 mark. This indicates significant attractiveness of the asset during this period.
It is also worth noting that while the price of BTC is decreasing, this asset continues to show stable growth. This may indicate its strong position and potential for further growth, despite the overall market direction.
However, given the current market scenario, there is a possibility of a correction in the price of the asset along with the overall market movement.
We are considering the possibility of entering a position on the TRX correction. We plan to start accumulating a position when the price reaches around $0.10528 and consolidates above this level. If the price declines to the sloping trendline at approximately $0.09689, we might also consider adding to the position.
This approach is based on the desire to enter a position at an optimal level that will support our risk management strategy and increase the potential profitability of the trade.
MATIC - Beautiful Wyckoff Reaccumulation Flag w/SpringCRYPTOCAP:MATIC
This Matic flag w/spring has played out many times before within this pair with the same volume profile after sweeping the highs and the lows.
What we love to see is reclaiming support, with declining volume from the highs then coiling into an ABC flag after sweeping the most recent highs prior to the spring is spectacular...
Number Go Up IMO
XRP/USDT Investment OpportunityWe are considering an investment position in XRP.
After a explosive growth of over 98% in a single day in July 2023, the asset's price reached $0.9378. This was followed by a swift return to pre-spike levels, then a jump from $0.4597 to $0.7490, resulting in a significant increase of over 60%.
Currently, the price has returned to the reversal zone, representing the upper boundary of a long consolidation period that lasted for a whole year. During this consolidation period, there was high trading volume, indicating significant attention and activity from large market participants.
In light of the current market dynamics, we are analyzing the possibility of acquiring the asset within the consolidation range for long-term holding. In case of further price declines, we also consider additional purchases of XRP, complementing our portfolio in line with current trends and prospects.
This strategic decision aims to capitalize on potential growth opportunities and ensure portfolio stability amidst market volatility.
BITCOIN Bearish Wyckoff Distribution 🚨 Supply in ControlWhales have been manipulating Bitcoin in a Wyckoff Distribution schematic since 12/5/23 (before the GBTC and FTX sell off.)
Currently:
🚨 Bitcoin dropped below bottom of Trading Range to create a Sign of Weakness in Phase D.
🚨 Bitcoin flipped the bottom of the Trading Range at $40,150 to resistance and created its final Last Point of Supply for shorts to enter.
🚨 With the CME Gap Fill, GBTC and FTX sell offs, Bitcoin is soon entering Phase E: Supply in Control where everyone realizes there is little chance of a bounce and everyone panic sells.
Bitcoin Wyckoff Distribution Returns 😱After the Bitcoin ETF was approved there was a 2nd Upthrust After Distribution to test remaining demand.
🚨 Supply was dominant and within 24 hours it was a "buy the rumor, sell the news event."
🚨 Bitcoin re-entered the Wyckoff trading range.
🚨 A small bounce created a Last Point of Supply, which is the ideal entry for a short position.
UROY Uranium finance lease mining play LONGUROY does royalties foe uranium mining ore to refined et cetera. On the 60 minute chart,
it has been on fire this week picking up 30% in market cap showing explosive volumes
at 5X and sustained. The past two days have been rest and recuperation in consolidation.
The zero-lag MACD suggests there is more upside in the near term with a line cross under a
histogram rising from zero. The advanced RSI indicator shows a relative strength pullback from
80ish to about 65 and surprisingly the linear regression lines suggest an oversold state at
present. I will take a long position here which may be risky at nearly 2 standard deviations
above a rising mean VWAP and extended from the POC line of the volume profile but the
supertrend indicator is showing a stepped rise and that is good enough for me. I have a
new position in UEC a penny energy stock in the uranium subsector.
Uninspiring Technical Patterns Ahead of NFLX EarningsLike many others, NASDAQ:NFLX has shifted to a wide sideways trend ahead of its earnings report today after the close. There is no pre-earnings run here. Current volume and price trend are not patterns that inspire a good earnings surprise.
HFTs are always watching news ahead of open on high-profile stocks to get ahead of retail market orders. A gap is likely at tomorrow's open.
SIRI is pulled back for a LONG entryOn 1 120 minute chart, SIRI is now well positioned having tested the support of
two sets of VWAP bands anchored back two earnings periods and so 3 months apart.
The mean VWAPs are confluent and so form strong support. I expect the price to
return to the early December high and test that level. In the past day a buying volume
aberrant spike was printed. The MACD lines have been crisscrossing under the histogram
signaling support of the cons9olidation of price with a series of Doji candles before the
final engulfing green dandle. Of interest, the next expiration of the options is February 16th.
On that date the dominant option strikes are %5.00 , %5.50 and $6.00
$5.00 is the present level for the strong support of the confluent mean VWAPs aforementioned
It is in this range that I will join the options activity for the time being. I will take a few calls
at each strike level as they are presently priced at $ 12- $ 32 per contract. I will also
take 10-20 shares of stock in a short position to provide a little risk-off hedging.
Looking Long! Heavy Support formed, while in a triangle.Compare this Chart to BTC2 as per my X post, we can see a big base o support formed with volume, price traded around that POC support, then brokeout nearly 80%. I am expecting at least a breakout, % wise, who knows with these low vol alt coins.
BEAMX/USDT Trading IdeaBelow is a speculative idea for the BEAMX/USDT coin pair.
After reaching its historical maximum in mid-December at a price of $0.027332, the asset experienced a correction, resulting in a decrease of more than 38%. Following the completion of the correction, there was a consolidation phase.
At present, a resistance level has been identified at $0.023531. Additionally, an inclined support level has been detected, indicating stability in the asset within this price range.
As part of the trading strategy, we anticipate a potential third approach of the price to the resistance level at $0.023531. If this scenario is confirmed with active trading near this level, we consider entering a position with the goal of surpassing the resistance level and further moving towards the historical maximum, potentially leading to a 15% increase.
In the event of strong market support, there is also consideration for breaking the all-time high at the price level of $0.027332, which could be viewed as a potential entry point.
LINK - Sweep The Highs, Then The Lows ,Then Up.#Link
Another beautifully deceptive flag that sweeps the highs then down to the lows, perfect for milking emotional retail.
Another time based flag whipsawing fear into the leverage, cheek clinching group of retail Traders. First convince them to long then to short, then up.
Sweep the highs -> sweep the lows -> grind up past support -> bounce off heavy support -> Up
TSLA Bullish Volume DetectedTSLA on a 15 minute chart is showing bullish volume trend as detected by the Unusual Market Volume Detector indicator.
Green color showed up after consistent Red for the last week or so. The bullish Price Action is consistent with the bullish volume trend. Watch out for any Divergence i.e. Purple color in the lower panel. More importantly what color shows up after the divergence will be the key.