Here's your cheat sheet biz. Bout to hit that downtrend line again

Heres a real chart faggots

Attached: original_cea2f7024b6d7a0ab162622091d1c1de.jpg (1000x1000, 131K)

Attached: (PNG Image, 2042 × 1099 pixels) - Scaled (88%).png (2042x1099, 117K)

Rofl sure

Don't look at memelines look at volume at price.

Attached: hvn.png (1958x803, 140K)

Volume still isnt impressive ATM

>taking any of this even remotely seriously with that manipulation doji

>ass to mouth
filthy

Momentum + volume usually slow down nearing overbought levels but spike during breakouts.
Look at the Day-chart - we in overbought territory but nowhere near the limit - rsi70
Momentum has NOT been exhausted yet. But if price breaks out at $9800 - expect the market going apeshit.

Attached: 222.png (2034x916, 149K)

>linear
>only 2 points touching

yah no

Oh u were talking about the volume at price.
I thought you were talking about Volume at time.
There is a difference. Volume at price is a lagging indicator
Volume is a leading indicator - realtime
I use Volume profiles to measure support and resistance.
There is hardly any resistance beyond $9500.

>muh hvn's

Yeah I remember people calling for 4k because of all the clearance and yet we bounced from levels where little volume was transacted. Decent indicator, I use it, but it's not the end all be all. Merely a tool to use in conjunction with things like meme lines.

Hey lookie I found a hidden bearish divergence

I agree that there's little resistance past 9600, but I don't know enough about volume ati time/price or other volume indicators to speak your language.
I feel like there isnt enough volume at this time to break through the next resistance level. Does your chart at measure volume at price? Meaning that there is historically high volume at the HVN's; 8800-9200?

It's possible to bounce from a low-volume node but rarely happens. More likely to bounce off a hvn or poc.
Volume profiles together with fib levels are no joke. There is no other indicator that can measure support and resistance like VPVR + Fib.

There is a hidden divergence on the 1 hour chart. Not sure if the market will react to it.

I'm talking about from feb-mar. We recover from the same place yet we are stuck at 9k compared to 11k with a much higher rsi in comparison.

We actually have similar charts except I keep the the kijun/tenkan/chikou on. Do you mind posting one where you're using fibs? I just want to see for reference what swing high's low's you're pulling from and how it lines up with the volume nodes.

I'm bullish till $9800 and I'm expecting a pullback to reset the buying - selling momentum on the RSI day chart. It's just how it works.
However if we manage to breakthrough $9800-9900 I'm expecting the market to go apeshit.
If price breaks previous resistance - the price will likely go higher.

Attached: 333.png (1919x833, 169K)

im pretty new to TA

but isnt RSI only relative to the last recent candles? so comparing rsi from over a month ago isnt relevant?

also ive noticed we've had very similar volume pattern as last double top at 11.5k. volume spike at the bottom, steadily increasing volume to the first top, then a significant volume drop off for the 2nd top before all hell broke loose

do you guys think this is significant

ive been burning so many times from bulltraps, i would really like to avoid 40% losses like each other time

this is how I use fibs

Attached: 33.png (1951x860, 179K)

ouch guess they cant handle the truth

Thanks for the reply. Aesthetic looking chart btw.

Is that a fib inside of a fib? I didn't even know you could do that. My knowledge of fibs is entry level at best.

This is how it should be used. Fib within Fib and with volume profiles it's becomes the most reliable indicator for measuring support and resistance.

I use senkou span to measure how powerful the trend is.
You probably know a bull rally is extra strong above the kumo
neutral inside the kumo.
weak under the kumo.

The thicker the cloud the stronger the rally.

Fib within fib its just a fractal.
It's infinite

Attached: fibonacci-1601158_960_720.png (960x598, 32K)

Thanks buddy I appreciate the replies!

>trips, dubs
checked

No thank you, questions make me think.