Ethereum Price Action and Volume AnalysisThis chart presents a detailed technical analysis of Ethereum (ETH) against the U.S. Dollar (USD) on a 4-hour timeframe. Published on TradingView.com by the user "xauusdgoldfx1" on November 27, 2024, at 06:18 UTC, the chart indicates Ethereum's price at $3,417.5.
**Key Elements:**
1. **Candlestick Chart**:
- Displays Ethereum's price movement over time.
- Green candles indicate price increases, while red candles show price decreases.
2. **Volume Bars**:
- Positioned below the candlestick chart, these bars represent the trading volume for each 4-hour period.
3. **Indicators**:
- **Relative Strength Index (RSI)**: The first indicator, showing values of 40.28 and 12.48.
- **Volume**: The second indicator shows a volume-related metric with a value of 1.27M.
- **Additional Metrics**:
- Third indicator: Value of -1.46.
- Fourth indicator: Value of 0.51.
This chart is valuable for traders and investors analyzing Ethereum's price movements and trading volume to make informed trading decisions.
### Tags:
- #Ethereum
- #ETHUSD
- #TechnicalAnalysis
- #CandlestickChart
- #VolumeAnalysis
- #RSI
- #TradingSignals
- #CryptoTrading
- #FinancialMarkets
- #MarketAnalysis
Volume
Apple DOWN! Not Fruits or healthy food in MC DONALDS.We can see the selling volume some days ago, that was an important one, ¿WB?
Apple is retesting as the whole S&P seems to chop chop this quarter, remember that was going up when Crypto was Chopping.
Opened the short yesterday, with a tight SL just in case-
Let´s see.
Para pa pa pa Loving IT
GnonusdtHello, gnon currency analysis.. Very brief and useful. Everything in the picture shows that we can achieve our goals by breaking and stabilizing above the trend line. Don't forget risk and capital management, and all transactions are your responsibility.In addition, it may reach the final target of $2🤑
FILUSDT Long Setup Setting / Setup and SettingsBINANCE:FILUSDT
COINBASE:FILUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status🙂
👾Note: The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone: 5.56-5.78
⚡️TP:
6.00
6.20
6.40
6.69
🔴SL:
5.33
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
BSE - previous learnings applied to the current marketThis post highlights the previous strong uptrend in BSE, and the consolidation it led to.
The chart also indicates how it behaved during the consolidation phase.
Certain pointers:
i. The average maximum decline from peak in this period was of ~22-23%
ii. The price movement took resistances at the 8EMA when it tried rising during this period.
iii. The 20SMA and 50SMA were in a crisscross most of the time, not signaling any persistency during the period.
iv. The break-out from the resistance saw the price > 8EMA>20SMA>50SMA>200SMA
v. The strongest gap up of the consolidation period came at the very end on 8th Aug 2024, with a 6% gap up.
Currently, BSE had a strong uptrend from 16th Aug 2024 up to14 Oct 2024, with an ~89% rise.
The maximum decline it has seen from the peak is of ~20%.
The current resistance of its time (o.i.t) level is at approximately INR 5000. The break of this with other factors will mark the next strong uptrend.
SHORT signal PNUTUSDT by Max Profit
1h TF. On the BINANCE:PNUTUSDT chart, a cascade of liquidity levels has formed below the current price, where participants' stop-losses are likely placed. These levels can act as fuel for a downward impulse. At the extremes, there is a noticeable increase in seller volume, which further confirms the weakness of buyers.
A local false breakout above the range was observed, signaling insufficient buyer strength to sustain a breakout of key levels. The ongoing seller pressure increases the likelihood of a downward price move.
🔑 Technical Context
A liquidity cascade below the current price forms the foundation for a potential downward impulse.
Increased selling volume at price extremes reinforces the bearish scenario.
A false breakout of the upper range boundary highlights buyer weakness and confirms the bearish market sentiment.
🚩 Execution Strategy
Wait for the price to compress towards the nearest liquidity level.
On the 5-minute timeframe, look for the formation of a local consolidation zone.
Enter the trade at the moment of the support level breakout.
Place the stop-loss above the local consolidation zone to minimize risks.
📈 Recommendations
Entry Timing: Use the 5-minute timeframe to accurately identify the breakout moment.
Risk Management: Set stop-losses based on the local consolidation zone to minimize potential losses.
Volume Analysis: Monitor further increases in selling volume at key levels to confirm the downward impulse.
Conclusion
At this stage, BINANCE:PNUTUSDT shows strong potential for downward movement. Implementing a strategy based on liquidity cascade breakouts and intensifying seller pressure allows for effective use of the current market conditions.
AVAXUSDT: Growth Potential Within an Ascending Channel
BINANCE:AVAXUSDT is showing confident movement within an ascending channel, indicating a strong bullish trend. The current price is 40.337 USDT , with nearby support and resistance levels offering excellent opportunities for trading with high profit potential.
The chart highlights key levels, including volume zones, making this asset particularly appealing for both beginner traders and experienced market participants.
🔑 Key Levels
Support:
37.092 USDT – the lower boundary of the channel where buyers actively defend positions.
37.673 USDT – a short-term support zone during local corrections.
Resistance:
40.489 USDT – the current resistance level being tested by the price.
49.427 USDT – the upper boundary of the channel, serving as the target for bullish movement.
These levels play a crucial role in position management and planning trade entries and exits.
🚩 Trade Setup
The chart shows increased trading volume accompanying the price's upward movement. This confirms buyer activity and strengthens the likelihood of further growth.
Entry Point: Consider opening a long position upon a breakout above 40.489 USDT .
Stop-Loss: Set a protective stop order below 37.092 USDT to limit potential losses.
Take-Profit Targets:
43.500 USDT – the first target where partial profit-taking is recommended.
46.800 USDT – an intermediate target for securing the majority of the position.
49.427 USDT – the final target at the upper boundary of the channel.
📈 Technical Analysis Context
The price is currently in the middle of the ascending channel, suggesting the possibility of both further growth and short-term corrections.
Increasing volume in support and resistance zones enhances the reliability of these levels.
A breakout above 40.489 USDT could signal the start of a new bullish impulse.
💡 Trader Recommendations
Utilize volume analysis: Rising volumes at key levels confirm their significance.
Watch for breakouts: If the price consolidates above resistance, expect an acceleration in growth.
Plan positions in advance: Set take-profit and stop-loss orders beforehand for effective risk management.
Analyze dynamically: Use timeframes (1H and 4H) to get a complete market picture.
Conclusion
BINANCE:AVAXUSDT offers unique trading opportunities thanks to its clearly defined ascending channel and significant volume activity. Use the presented levels and recommendations to optimize risk management and maximize profits.
BBAI the next AI penny stock to explode?Having just broken out of an ascending triangle as resistance level on high volume as the stock is getting more attention and money is pouring in. All breakouts can still be tested and there will be retracement to support levels. The downward trendline coincides with a considerable resistance level at around $3.58, which means powerful upside action if it breaks through. This is the only area that should be monitored closely on the longer timeframe as it is can cause a large retracement or a quick rise. Given the previous price pumps the stock has shown it can move at a very rapid pace.
Looks like we are currently still in accumulation phase but with very positive signals and fundamentals such as a 150M+ government contract and a sizable revenue pipeline and market cap, buzz is increasing and investors are starting to notice. This is not a penny stock to ignore.
Bullish.
Trade safe.
BTC Huge Gap!!! We going back to 75k?Hey guys!
Congrats all with BTC ATH and recent profits, I was not commenting the situation, because it was pretty clear, and we all know what was happening.
But also, as we know, even in the bull cycle have to be corrections and consolidations.
So here at the futures chart, we can see a huge gap around the healthy correction possible zone (max to 30%). Also, we have RSI oversold for sure and descending volumes.
Plus, in December there were no promises about decreasing US Interest rate, so possibly December can end up in this correction phase.
What's your thoughts about when and how much we could go? Let's chat in the comments =)
Roblox Rallied. Now it’s Pulled BackRoblox jumped to a two-year high earlier this month. Now some traders may see an opportunity in its latest pullback.
The first pattern on today’s chart is the bullish gap on October 31 after earnings and revenue beat estimates.
That rally pushed the video-game stock above its September 25 high (also near several peaks since October 2022). Last week, prices returned to test and hold that level. Has old resistance become new support?
Next, the 50-day simple moving average (SMA) had a “golden cross” above the 200-day SMA in August. That may suggest RBLX’s long-term trend has shifted higher.
Finally, heavy volume days on October 8 and October 31 may reflect demand for the stock.
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LOGC - more linesNothing special, just an updated view of this chart (Daily).
Log scale used
Yellow lines are anchored VWAP
Volume Profile on the left with 70% value area lines, purple is POC
Some trendlines.
As you can see it took a while for the price to leave that big channel (red trendline)
Notice volume bars since it left the big channel, the big ones are located between 5 to 7$ , which make reflect some big money interest in this price area, but who knows what are their intentions.
Trade carefully !
USD/JPY rejection of lower prices On USD/JPY , it's nice to see a strong buying reaction at the price of 153.790.
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
Fair Volume Gap (FVG) and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
GBP/USD continues the downtrendOn GBP/USD , it's nice to see a strong sell-off from the price of 1.26350. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
Downtrend and high volume cluster are the main reasons for my decision to go short on this trade.
Happy trading,
Dale
Trade Analysis: Long #DOGSUSDT
Overview
BINANCE:DOGSUSDT.P is currently showing promising signs of upward movement, supported by increasing buyer volumes and favorable order flow. With its low correlation to Bitcoin, it stands as an active instrument in the current market.
Setup Details
Entry Point: $0.0007765
Stop Loss: $0.0007172
Take Profits:
TP1: $0.0008245
TP2: $0.0008795
TP3: $0.0009573
Technical Background
A cascade of liquidity levels above the current price will serve as fuel for a bullish breakout.
A false breakout from the channel reflects seller weakness, confirming a bullish bias.
Execution Strategy
Anticipate a price squeeze toward the level, followed by local consolidation on lower timeframes (e.g., 5-minute). Enter on breakout confirmation and place a stop-loss behind the range to minimize risk.
Key Takeaways
This trade is set up for a short-term breakout, with risk parameters clearly defined. Always ensure proper risk management before entering any position.
EUR/USD - Resistance with Fair Volume Gap On EUR/USD , it's nice to see a strong sell-off from the price of 1.05320. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
Support from the past and high volume cluster are the main reasons for my decision to go short on this trade.
Happy trading,
Dale
Weekly Crypto Facts: What to expect next?Hello traders and investors!
Last week saw several interesting developments in crypto assets that may influence the situation in the coming days.
BTC : The breakout impulse from the range on the weekly timeframe continues. This marks the fourth weekly consecutive bullish candle, with declining volume (!) compared to the previous three. This could indicate a lack of interest from both buyers and sellers at these price levels. We might see a consolidation period. A similar situation occurred recently on the daily timeframe, where consolidation lasted for six days before a new buying impulse formed (see the post from November 15). Note that the key candle for the breakout is now from November 11.
DOT : The price formed a buyer's impulse on the weekly timeframe, surpassing 6.611 (the starting level of the last seller's impulse on the weekly chart). The volume and spread of the weekly candle are impressive. It’s possible that the price may rise further without a correction. If there is a pullback to 7.775–8 and the buyer resumes, it could present a buying opportunity.
OP : The price broke out above the range’s upper boundary on the weekly timeframe (1.989). The weekly candle’s volume and spread are impressive. On the daily chart, the price has been consolidating above 1.989 for three days. We are watching for the price’s reaction to 1.989—whether the buyer will defend the breakout from the range. The key candle of the last buying impulse on the daily chart from November 21 crosses 1.989. If the seller pushes the price back into the range and defends this return (at 1.989), it could be an opportunity to look for short positions.
SOL : The price updated its all-time high at 259.9. The weekly candle’s volume is declining, which may indicate a lack of interest from both buyers and sellers at these levels. A consolidation period could be ahead. We will assess the seller's reaction by the end of this week.
TON : Factors have emerged favoring the realization of the buyer’s vector within the range on the weekly timeframe, with a target of 7.260.
Good luck with your trading and investments!
Interesting facts of the week: What to expect next?Hello traders and investors!
The past week brought several interesting events that may impact the situation's development in the coming days.
The U.S. Dollar Index has reached the upper boundary of its range on the weekly timeframe at 106.952. There might be an attempt to reverse the long trend, with the idea of executing the seller’s vector within the range on the weekly timeframe (potential targets are 99.807 and 99.099).
The Euro against the Dollar has reached the lower boundary of its range on the weekly timeframe at 1.04485. There might be an attempt to reverse the short trend, with the idea of executing the buyer’s vector within the range on the weekly timeframe (potential targets are 1.12142 and 1.12757).
Gold , after bouncing off the 50% level (2538.5) of the last monthly buyer’s impulse, has broken through 2710.52, which was the beginning of the last seller’s impulse on the daily timeframe. On the weekly timeframe, there was a manipulation (false breakout) of the level where the last buyer’s impulse started (2604.39), and the weekly bar is impressive with its spread. On the one hand, there is an opportunity to look for buys, but on the other hand, a seller may appear just above in the 2721–2759 range. Let’s see who will win the battle for the 2710.52 level.
SPX500 . The buyer is defending the breakout from the range on the daily timeframe. The buyer has absorbed the seller’s attack bar from November 15 (which had high volume) on the upper boundary of the range at 5891.6. As a result, a buyer’s zone has formed on the upper boundary of the range (upper edge of the zone is 5975.6). Additionally, the price dipped below the 50% level of the last buyer’s impulse on the daily timeframe. You can look for buying opportunities if the buyer reactivates from this zone.
Good luck with your trading and investments!
ETHUSD buy (Trend, Session and Momentum)Trend:
The intention was pretty clear that buyers are stepping in.
When i saw the PA in the evening (NY session) sellers didn't step-in and no lower low was made. Going into Asia was similar the momentum is also for buyers. Took a buy into Tokyo Session (even though i know i was too early, but i am confident that sellers are nowhere to be found coz of the PA yesterday).
London session:
My thinking of this session is if we pull up in this session NY would be the same.
Momentum:
Sellers are being aped up by the buyers, if you look into the candles every time the price is jacked up sellers momentum is very weak.
Note:
Sorry for my english, it's not my first language. If you're a pinoy come follow me, i'll post my journey here.
MATICUSD showing strengthHello,
Today we look at MATIC.
- MATIC is still in strong support zone, not yet broken out.
- It is also battling 21 weekly EMA. If it manages to cross up, it is a very bullish sign.
- It is in a bullish divergence (RSI making higher low while price makes a lower low).
- Volume has increased in the last weeks, showing potential that bottom is in.
- RSI got up above 43 and tested it as support. RSI cross above 43 has always showed to be bullish.
Resistance levels:
- 0,75 USD
- 1 USD
- 1,3 USD
Remember to take profits along the way. Do not be too greedy. Success is a series of small(er) wins, not one major win.
Make sure to check my other posts, all are still valid.
XLM has already made x2 since my post, DOT is up 50%...
Not a financial advise. Do your own research.
Good luck!
shiba usdt is involved with weekly resistance....shiba is touching the weekly resistance but now is involving with .
we will wait about a day now on , if closed up side the 0.00002824 strongly , except to see 0.00003000 and 0.00003200 and finally 0.00003363 yet ...
for supports we have 0.00002559 and 0.00002435
Good luck