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Vpvr

Interesting FIB / VPVR POC confluence on ETHUSD may suggest down When setting the fib at the breakout point and top of the recent bull move, we see price has fully retraced, finding support at the fib 1. However, price is also attracted to the Volume profile point of control ( POC ). Which also just happens to align perfectly with the FIb 1.272 level. it will be interesting to see where price goes should it fall below this lever. I will be watching for the POC and FIB 1.272 level.
COINBASE:ETHUSD
by versionControl
BTC/USD - Another corrective wave down?I haven't been a fan of the latest short-term bull run from the 9k region, but still traded that triangle which perfectly reached my MPO target just under 12k. There was a high probabily that the longer term flag/down channel would be broken which was expected to open the path to 20k, but as I just mentioned I think its a bit too early. We should see a more prolonged consolidation period inside the flag in order to get a healthier rally in the future. This analyses is all about that short term uptrend and some important support levels from which the price might bounce on the next month or so. Think if that uptrend will be broken the mid-trem sentiment will shift back to bearish and the price might potentially slide towards the bottom of the flag which is around 8k region. The reason why I think this level is super - important is because the Level of Control (POC) is situated in that region + the 200 day EMA on the daily chart is on the exact same level as well. The history showed that the 200D EMA on thje Daily is extremely impotant in the begining of a bull run. I admit that the price might never get back below 10k but lets see, think that the VPVR ( Volume Profile Indicator) works really great when trying to identify a bottom. Just check my analyses on Bitcoin posted back in last September, where I have accurately predicted where and when will be the bottom. Will attach it below the post. I am sure you gonna like it :) Despite the fact that I went short yestaerday, at 12050, I still think that there might be a good oportunity to take another short trade. So the idea basicly is to trade the break of that uptrend line. For additional trigger confirmation will wait for the 4h candle close below it. Stop level just above the recent high around 12400 (if the flag will break I will definetely go long). Defined 5 targets. All they depend on your risk apetite and trade management. I personally am going to take 50% profit at TP 3; 25% at TP 4 & 25% at TP5. Expected trade duration is 3-4 weeks. Manage your stops wisely!! I am currently making a detailed research on the previous 2 bull runs in order to make a price and time prediction of the current one, hopefully will post it next week. So hit that subscribe button if you want to find out what might be the BTC highs this time)! Have been inactive for a while, but now am back and will try to post some of my trade set-ups here. So please like the post it will motivate me to post more frequently. Thanks to all who read till the end and good luck! :) September 2018 Analyses:
BITFINEX:BTCUSDShort
by CAS_Trading
3
EOS Patience PaysStill looking to complete an edge to edge move within the kumo cloud on the 4D chart. Support currently holding at the bottom of the cloud as expected. Once we are back above the Kijun-Sen (Purple Base Line) and the Point of Control (Red Line indicated by the VPVR/Volume Profile) at $5.29, the target is an easy $12 as the long flat top of the kumo cloud acts as a magnet. POC or Point of Control is the highest volume node on the volume profile. Traders use POC as support and resistance or an important retest point.
BINANCE:EOSUSDLong
by JoelRBishop
3
BTC to Respect Resistance ?Hello Traders, Apologies for the inactivity, New Thesis on BTC, points to consider; - BTC bounced from previous support zone at approximately $9000 - Running into resistance zone at approximately $10800 - $11000 - EMA's crossing over bullish, but this is insignificant considering all other bearish indicators - Stoch topping out, downwards momentum in play - Low volume on 4hr candle close after initial push (Volume Climax) - Long term downwards trend on RSI - VPVR shows lower volume transacted from support and resistance area BTC is more likely to respect this Resistance level at $10,800 - $11,000 as stoch is crossing over bearish, with the market structure putting in HL's and LL's a retracement to around $8,200 is more likely, which is the next support zone What are your thoughts? Please leave a like and comment and remember, “Money is made by sitting, not trading.” – Jesse Livermore
BITMEX:BTCUSD.PShort
by AzizKhanZamani
BTC OverviewTrend line started on June 11th as support (light blue line) and didn't break down until the 30th of June. This is where the trend line flipped from support to resistance. Currently bouncing off of the resistance now. VPVR area showing larger buy/sells in the area marked by the green box, would like to close today over this level. Also, looking at the 4hr MACD (green circle) cross, which is bullish. Looking for the stoch rsi to take a dip and then cross bullish again on a push up. MAJOR SUPPORT=$9,700 and MAJOR RESISTANCE=$12,500, looking for a 4hr equilibrium to form and play out. However, we all know that BTC can produce some violent moves up or down and may not produce the equilibrium pattern we are looking for (could blow past or below these areas). Leaning towards another bullish push if we can break back above long term trend line (light blue line). Stay safe out there!
Long
by StatFall
BTCUSD D3/W1 charts (3/7/2019)Just taking a wider TF look at the pair. We can see a much clearer picture of a the possible ascending triangle that is printing. Weekly supply zone in green denotes the resistance at the top of the triangle. The W1 chart suggests that a clean close above that resistance should have price targeting the orange zone just below the weekly HVN. The D3 chart shows that area as the first level of support as price fell from $6000. Supply remains in that area, which should provide initial resistance on any movement up. Today will close the current D3 candle and we can see that it is printing a nice bullish engulfing after the doji. It is also above the pivot as well as the 21 EMA. All of these are bullish. As we can see on the weekly chart, the target based on the triangle takes price right into that supply. We can also see the ATH's descending wedge resistance sitting just a few hundred dollars above the current price. A close above this resistance should set up a $14,500 target, at least, based on the height of the wedge. Every day, we have a choice to act positively or negatively, so if you get a chance, do something decent for someone today which could be as simple as sharing a nice word with them. You just might change their day, or even their life. Remember, you can always click on the "share" button in the lower right hand of the screen, under the chart, and then click on "Make it mine" from the popup menu in order to get a live version of the chart that you can explore on your own.
BITSTAMP:BTCUSDEducation
by Chris_Inks
TRXUSD 14 Day Breakdown and ForecastOverall Summary: TRXUSD Daily Chart using Heikin Ashi candlesticks, MA (20,50,100,200), VPVR, BB, RSI & MACD. Overall the last 14 days (from the 31st of August to the 13th of February) were neutral turned bearish as we break out of a 1 month consolidation range. I am bearish for the next 7 days forecasting that prices will retrace to the next major S&R of $0.021, if not $0.018 . Detailed Summary: This chart uses daily Heikin Ashi Candlesticks with a custom trend bar indicator, Bollinger Bands, 4 MAs (20, 50, 100 & 200), RSI & MACD. Heikin Ashi candlesticks are great for trend and swing trading. Heikin Ashi means ‘average’ in Japanese because these candlesticks ‘average out’ price action vs traditional candlesticks that are based on OHLC (Open High Low Close). By averaging out price action this candlestick style reduces ‘noise’ and generates a much smoother chart pattern. This is helpful for trend traders as it is easier to identify the key trend in the market and to ignore smaller price volatility. During the last two weeks the price has ranged by $.05, opening at $0.27 and closing at $0.24. The price has peaked over the period at 0.30 and then consolidated before breaking down on the 10th of February. Moving Average are also used on this chart to help identify major areas of S&R and general price trend action. I prefer to use simple Moving Averages on the daily time frame. The 200 MA is red, the 100 MA is orange, the 50 MA is yellow and the 20 MA is green. The choice of colours helps me to read the chart and see if price action is bullish or bearish. For example, if the red is on top and the green is on the bottom, it is clearly bullish. It is also important to note that the longer the Moving Average period, the stronger the support and resistance. During the last two weeks the price remained above the 200/100/50 MA until the 12th of February when the body crossed below the 50 MA. The 50 Moving Average has acted as support since the 21st of December but is likely to turn to resistance in the next 7 days. The key Support area is $0.21, 0.18 and 0.13 and key Resistance areas is $0.35. I forecast in the next week that price will test the next support area. Bollinger Bands are the two blue bands that ‘wrap’ around the security’s price. The top and bottom are two standard deviations away from the Moving Average. If the market becomes more volatile, the bands widen and vice versa. Historically 90% of the price action occurs with the Bollinger Bands, as the price oscillates around an equilibrium. There it helps us identify where the price is in the oscillating cycle so that we can identify entry/exit points and major price changes (on the 10% chance when price breaks through the Bolling Bands). During the last two weeks the Bollinger Bands have contracted 0.03 by $ from $0.07 to $0.04. The decrease in the Bollinger Bands width was due to decreased price volatility during the last week. The wicks broke through the upper band on 1 daily candle, lower band on 3 daily candles and stayed within the bands on 10 daily candles. I forecast in the next week that the Bollinger Bands will increase and overall trend is bearish. Volume is a key indicator that I use to understand past, current and possibly future price action. Unfortunately a majority of the exchange volume is fake ‘wash’ trading so it is important to rely on data from reliable exchanges like Binance and BitFinex. Volume that supports price recent action helps strengthen my belief in a specific trend. During this period volume has decreased in convergence with the recent sideways price action. On a longer term time frame, the volume is below the 20MA volume line. I forecast in the next week that the volume will increase and this will support a decrease of price. Volume Profile Visible Range (VPVR) indicator show volume by price as a horizontal histogram for the charts visible range. This provides additional insight over traditional volume indicators that are only based on time. By clearly seeing what volume occurred at specific price levels, I can more easily identify key areas of S&R. Two key things to identify are the: POC (Point of Control) which is the price level with the highest volume for a specific period, and the VA (Value Area) which is where 70% of the volume occurred. While VAH (Value Area High) and VAL (Value Area Low) are also worth noting. During the period the VPVR POC was at 0.26 and the VA occurred between 0.27 and 0.25. Overall, the volume profile is bearish and is in convergence with price action. The RSI is a popular momentum based oscillator that helps us identify what stage in the security’s oscillation cycle it is most likely at. So after identifying the key market trend we can then apply the RSI to forecast future moves in price action (in terms of velocity and magnitude). This indicator is useful determining entry and exit points, for trend traders like myself, it is used on longer time frames as it is much more reliable. Most of the significant price action occurs around the 30 and 70 areas and ideally what we are looking for is divergence between the price action and the RSI. During the period the RSI decreased by 14, from 57 to 43 and it is in divergence with the recent price action. It has continued to decline since the bearish failure swing on the 27th. This is when the RSI rises above 70 (considered overbought), RSI drops back below 70 then RSI rises slightly but remains below 70 (remains below overbought) and finally RSI drops lower than its previous low. I forecast in the next week that the RSI will decrease and this indicates a decrease of price. The MACD is a popular trend following momentum indicator that can help identify a security’s momentum, trend direction and duration. is a popular trend momentum indicator that can show us a security's overall trend. The core assumption of this indicator is that a security’s price oscillates around an equilibrium. Therefore by looking at the relationship between different MA calculations, we can identify what specific stage a security maybe of it oscillation cycle. This is why we have two lines, the first is called the MACD (26 - 12 MA) and the second is called a Signal line (9 MA). We also have a Histogram (MACD-Signal Line), which is the 1st thing I look at. Finally there is the Zero line, which is basically when the 26 and the 12 MA are equal. The MACD , that combines several indicators, is worth watching when one or more of the following happens: crossovers (MACD/Signal/Histogram and Zero line), convergences/divergences between price and rapid changes. During this period the MACD has decreased in divergence with the recent price action. The MACD line crossed below the Signal line (on the 30th) which was a bearish trend in divergence with the price action. The MACD histogram continues to increase below the Zero line (on the X) which indicates a strengthening of the bearish trend. I forecast in the next week that the MACD will decrease over the next week and this indicates a decrease of price. References: Heikin Ashi summary - www.investopedia.com Moving Average summary - www.investopedia.com Support and Resistance summary - www.investopedia.com Bollinger Bands summary - www.investopedia.com Fake exchange volume summary - www.blockchaintransparency.org RSI summary - www.investopedia.com MACD concise summary - www.investopedia.com
BITFINEX:TRXUSDShort
by CarbiArbittrage
BTC potential targets aboveI am currently looking for indication the next move will take us to the 61.8, possibly 78.6 fib The 61.8 fib lines up with current level and size of earlier candle 3240 - 3470 Looking at volume profile I have orders to add long if we retouch the 3240 support or wick to 0 fib at 3200 I already have a short open from 36 so will keep a close stop on long, 3160-3180 but will be monitoring the price if it drops to that level Magenta dashed lines are just rough support / resistance lines Grey boxes are order blocks from last year Purple and Blue vertical lines are just guides for candle height
BITMEX:BTCUSD.PLong
by paulflint
Gaps in the volume profileJust a example to show how gaps in the Volume Profile caused during fast falls or rises in price are filled at a later date. The gap between 4200 down to 3800 during the drop on 24th November was filled just over 24 hours later. The left window shows the volume profile prior to the drop and up to the bottom of the drop. The right window shows the volume profile from the start of the rise back up to 4000. I have displayed the volume profiles back to back to make it easier to visualise. The range of the gap in the volume profile has been marked with a box extending across both sides. There are some other boxes in the chart that mark previous volume areas from last year. This was created on my working chart and I didn't want to spend the time hiding them or opening a new chart for this example.
BITMEX:BTCUSD.PEducation
by paulflint
3
Outlook on Cardano (ADA) into 2019Welcome! To start off, ADA has been making a wedge formation that is neither leaning bearish or bullish , but it would be my expectation for it to break upward with our entry being at point D after the price bounces off of the lower trendline . I've added what I'd like to see the ichimoku cloud change to on the chart above; a thinner cloud indicating decreasing resistance. The price should move up through E wave, break into the cloud, then move out, support test yellow and then a bounce to reach for the first target in blue. If you enjoy my analysis be sure to give a like! Original idea by Tom
Long
by TradrzHQ
BTC/USD - Long Term OpportunitiesThat's an update of my initial idea (can be found below), which looks a little more in depth using the VPVR (Volume Profile Indicator). Based on the analyses there can be clearly seen that the current levels are crucial for the price of BTC and a strong move is expected very soon (probably even tomorrow - the SEC decision on the BTC ETF approval). As a result, a break of the triangle is expected with the price of 6700 (POC - the level of control) being a major resistance that the bulls should break and get a close above in order the longer term bullish rally to be initiated. But, in my personal view, the higher risk is the break on the downside with the volume nodes being as significant support/resistance levels. If we going to get a break down the potential target for the BTC price is 3000 - 3600 which is a crucial support area both based on the past price action and the VPVR indicator. But I am sure that we will see a quick bounce from that lows if we get a break down. My only concern is the stochastic which gave a buy signal, but I've tried to project it as well. Not talking about particular trading opportunities here, but in my opinion, the technical set-up is ideal here. Even the RSI formed a triangle and is set to break on an impulsive move. Leave your views and ideas in the comment section. Thanks to @artgen567 who inspired me on this idea. Please, check my other ideas and support by following me if you like my content.
BITFINEX:BTCUSD
by CAS_Trading
1