Volumeanalysis
SWING for COST (costco) - LONGHello traders,
How are you?
It's Monday so we have to review our swing portfolio.
One of the trade for today is COST, long.
As always the long volume is now greater than short volume so we have a long trade.
Remember this is a weekly chart timeframe so this is a very slow trade.
Have a good week everyone
Weekly Chart - Short for Oil (CL)Hello all,
The volume gave us a short trade in oil this week. The situation is clear, the short volume is now greater than long volume. Aditionally, the prices is making a double top.
We are going to be in the short meantime the short volume is still greater than long volume.
With the retracement fibo we can check the potential supports, specially the fibo 61.8%.
Have a good day
ONMOBILE - Short term opportunity with 50% ROI All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation.
AAPL - 382 Gartley Coming in Monday!!NASDAQ:AAPL has had a 3 week rally into the 382 from the March high.
This rally has been weak with lower volume again on this last 6 day rally.
This is where time and price line up perfect.
If it gets above 152 then there could be a bigger move to the upside coming.
Being the biggest stock in the US Stock market then it has a bit of pull where things will go to next.
Interesting Monday ahead. Enjoy the week. 👍👍
Bouncing on POCAVGO has returned to its post-March 2020 point of control.
Stepping down a time frame to the daily chart, we can see a cluster of Dojis. Combined with volume falling under the 50day average, MACD crossing its signal, and Stoch recovering from oversold shows hesitation in the selloff.
An aggressive trade would be to enter now, while a more conservative entry would be above the support or resistance zone just north of the 21EMA.
Easy Trading Setup For Gold – Bear Flag In The 4-Hour Hi Traders,
Looking at GOLD today which has been falling.
We have the DXY breaking out of an eight-year range, which has investors concerned and this has resulted in the commodities market falling.
We have a bear flag on gold in the 4-hour time frame.
I will be waiting for an impulsive break of the bottom-most support area of this flag.
I need to see strong volume accompany this break. Once I see this, I will wait for a small retrace back into the support zone before entering my short position.
My target will be previous weekly support.
I’m looking at a possible risk to reward of 1 / 4 with this setup ( Assuming all my criteria are met for my entry )
Let's keep an eye out for this pattern.
Hope you all have a great Thursday.
The Vortex Trader
Bitcoin Onchain Volume and Trading volumeHello guys.today i want to explain how we can find important Resistance and Support levels in BTC
according to onchain transaction volumes and trading or off chain volumes.
when we talk about onchain volume means Vol of transactions recorded in blockchain.
and when we talk about Trading Vol or offchain Vol means transactions recorded in exchanges.
Comparing on-chain and off-chain transaction volume can help us verify that data on exchange trading volume is accurate.
Off-chain volume should behave in the same way as on-chain volume.
We need this metrics in Tradingview
1)BCHAIN/TRVOU - QUANDL ----> this metric shows trading volume in Exchanges daily(Blue chart)
2)BTC_TXVOLUME - INTOTHEBLOCK ----> this metric shows BTC onchain volume daily(Purple chart)
and the price chart attached between this two metrics in my charts above.(Orange chart)
so when the trading volume and onchain volume grows together , we can see bounce or fall in price.
i show the trading volume and onchain volume Highs with colorful vertical lines
and illustrate important support and resistance levels this highs show on my chart with colorful horizontal lines.
according to this method , below we have important levels in BTC price that volume grows strong so
a lot of coins move from hand to hand.
this levels are : 19700 - 20500 - 32500 - 37200 - 43200 - 48000 - 56000 - 61500
Hope you like my opinion and if you have notices about it please share me in comments.
thank you all.
Double Bottom On The GER40 FormingHi Traders,
I am looking at the DAX today on the 4-Hour Chart.
We may have a potential Double Bottom forming currently.
We have nice divergence across the MACD Histogram.
I'm waiting either for the price to break out of the neck zone area with impulsive bullish volume to accompany it OR for the price to head down again and form a clearer second bottom.
Either or, patience is key.
I will not enter unless that neck zone is broken and the price closes above it.
We always wait for a retrace back into the neck zone before opening up a long position.
Let's see how this one plays out.
Have an awesome Wednesday traders!
The Vortex Trader
CASE STUDY VOLUME PROFILE SPX 500 By now you should know that I love trading volume profile and there is a potential BIG move about to happen on SPX500 look at my chart and tell me what you think is going to happen first.
Is this the start of another small consolidation or is the market ready to EXPLODE now?
EUR/USDs potential bottom for the dayHey tradomaniacs,
market-depth so far looks like absoprtion is happening and bears are taking some of their profits after this strong move down.
Currently passive buying at the bottom plus stop-loss-hunting could push price up providing a nice opportunity to buy with a tight stop-loss.
AS ALWAYS - IT IS VERY RISKY to trade against the strong momentum to the downside!!
More risk-off in equities and things can quickly change. ;-)
And wait for momentum / Confirmations! Watching this level carefully
REQUEST NETWORK (REQUSDT) bottom and new volume 📖🚀Hello 🐋
Based on the chart after a long time, correction to the downside the price breaks the descending wedge and the green trend line to the upside and shape the cup and handle pattern
if
the price doesn't break the support level to the downside, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
if
the price breaks the range area to the upside, we will see more gain 📖🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
BTC is about to pump and here's why.In the 2 hour timeframe, we can observe BTC is very close to a support zone, and it also shows the volume is decreasing as well. This shows that sellers are getting uninterested, and will most likely switch sides. Also, this descending triangle's resistance line is dangerously close to breaking out, meaning in the near future, we can expect BTC to pump all the way to 20k.
NOTE: This is not investment advice. sometimes it won’t work. Nobody has a crystal ball to predict the future. Sometimes it doesn’t work.
VRVP and Fixed range profiles.In this post I wanted to do a breakdown of how to combine two profiles, so we had this big fall away from the VRVP, we had declining sized bars, we had less orders in leymans terms, so we can use a fixed range profile of the fall away to get a better reading of the orders in detail in the fall, remember VRVP gives a big scope, fixed gives a narrow scope, so price entered an area of Low volume which I labelled in the chart.
So we now look at the fixed range profile we see the largest bar of the fall, which I have labelled with the green chequered line, so price is miles away from fair value on the VPVR, it naturally wants to return here as shorts close their positions, and buyers find value in the currency, so we wait for the fixed profile to break chequered line and we aim back to the volume build up, and I want you to start calling this 'fair price', see how simple and easy that was?
So when price leaves the main VRVP use a fixed range on the down move to find the POC (Point of Control) AKA green chequered line, and aim back to the fair price, this is how you find value when trading!
Now when you see these crazy moves, I want you to break them down in a sensible and logical approach, treat trading like a business! become a master of finding Value!
More to come! ZenFlo
$QNGY Next Target PTs .80-.85 and higherQuanergy Systems, Inc. develops and markets light detection and ranging (LiDAR) solutions for automotive and IoT applications. The company offers M1 LiDAR sensor for mid-long range industrial measurement applications; M1 Edge 2D LiDAR sensor that enables reliable collision avoidance and smart navigation; M8 LiDAR sensor, which provides 3D perception using multiple eye-safe laser beams and time-of-flight measurement technology; MQ-8 LiDAR sensor for flow management applications; M8-Prime 3D LiDAR sensor that provides industry-leading pinpoint accuracy and captures for industrial and mapping applications; S3 solid state LiDAR sensor; QORTEX DTC, a 3D computer perception software; and QORTEX people counter enables the development of accurate and innovative people counting and queue management applications. Its products are used in various applications, such as mapping, security, smart city and smart spaces, industrial automation, and transportation applications. The company was founded in 2012 and is headquartered in Sunnyvale, California.
$AXDX Next Target PTs 1.50-2-2.75 and higherAccelerate Diagnostics, Inc., an in vitro diagnostics company, provides solutions for the diagnosis of serious infections in the United States, Europe, and the Middle East. The company offers Accelerate Pheno system, an in vitro diagnostic platform for the identification and antibiotic susceptibility testing of pathogens associated with serious or health care-associated infections, including gram-positive and gram-negative organisms. It also provides the Accelerate PhenoTest, a test kit for the system, which provides identify and antibiotic susceptibility testing results for patients suspected of bacteremia or fungemia, both life-threatening conditions with high morbidity and mortality risk. The company was formerly known as Accelr8 Technology Corporation and changed its name to Accelerate Diagnostics, Inc. in December 2012. Accelerate Diagnostics, Inc. was incorporated in 1982 and is headquartered in Tucson, Arizona.
SOL short-termAnother idea for a shorter term trade on SOL/USDT.
Price above to 200-day exponential moving average for the last 10 days and it now returned to the most recent session value area. I'm expecting a reasonable bounce.
A nice 2-1 of it goes back at least to the 0.618 fib retracement from the last top.
Trade safe :)
Daily Chart- BTC shortHello all,
Two days ago my system share a short. In weekly chart the red volume was greater than green volume and in daily chart two days ago the red volume crossess over the green volume. So we have a short following the system.
Be careful, the price is breaking the fibo 61.8% in weekly chart (red line). If the price confirm the break the next level is 78,6% of the fibo which is close to 15k.
Let's follow the volume
Have a good day everyone
6E (USDEUR)Hello all,
Again, this system make our trading simple, my volume parameters for 6E has gave us a long entry today, little gift for all of you.
The resistences as clear in the chat, meantime the long volume was greater than short volume we can continue in this trade.
Have a good day everyone