Let's organize a community for the exchange of ideas and forecasts
I think it might be useful to us.
https://www.tradingview.com/u/mooncatcherpro/ - This is my channel, I will publish ideas, as it develops
http://www.insiderport.com/ - Here I highlight the main news of the market
I ask you to be active, I will partially disclose my strategies and ideas, and I hope for a return)
Rules:
Links to your forecasts are approved
Do not insult each other, be polite
Volume Analysis Prediction 7/18/2018
https://www.tradingview.com/chart/ETHUSD/Rvsp21s6-ETH-Volume-Analysis-Prediction-7-18-2018/
Ticker: ETHUSD
Exchange: Bitfinex
Mid term signal: buy
After a big bull candle a lot of traders don't know what to do. There a lot of fundamental information from outside.
But the trader should not trade expectations or rumors. Good trader must trade only current market condition.
What we have now?
The balance goes up and the price has reached the POC level one of the previous balances. Now we have a pullback to the main balance borders. I indicated a buy area - it's zone between high balance level and POC of main balance. If this the price will break down this buy zone, it will mean that the bulls are weak and all buy positions should be closed.
Enter:
482 (1/3 of position)
475 (1/3 of position)
468 (1/3 of position)
Take profit 1: 501
Take profit 2: 515
Take profit 3: 539
Stop: 462