Coin: #ACT Level of understanding: beginner Reasons for entry Cluster chart: Large clusters were formed during the decline (marked with a blue rectangle), and we also see that there were significant sales - noticeable by the delta and red clusters (rectangle with an arrow). However, the price did not significantly react to these sales, indicating potential interest in this price range.
🔸 Abnormal limit density below the price. 🔸 The balance in the market and limit orders has started to shift upwards. 🔸 According to the Z-Score, the price has deviated downwards to abnormal values. 🔸 Volatility has dropped (it is low). 🔸 Bid orders have started to increase.
What do you think about the idea for a local long❓
And remember, this is not a financial recommendation ❌
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🔸 At the top, there's an abnormal limit density, and we also see that limit sell orders have started to dominate on the Dashboard. 🔸 The price has been pushed up to abnormal values.
What do you think about the idea for a short❓
And remember, this is not a financial recommendation ❌
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The impact of volume on price (Directed Resonance Strategy)
Coin: SUSHI/USDT Risk: high Level of understanding: beginner Reasons for entry Cluster chart: In another attempt for buyers to take the ball, we see how clusters by volume have formed (blue rectangle). However, we see that this volume may not be sufficient as it was last time (green rectangles). Since the last such attempt ended with a continued price decline. This potentially indicates that buyers probably have not accumulated enough strength yet.
🔸Price +-5 extreme bars, practically does not react.
🔸Abnormal limit density, though far from the current price, so watch out for risks. 🔸Limit activity is on the buyers' side and the balance continues to grow. 🔸Volatility is at low values. 🔸By Z-Score (price): sales rejected the price down, is near abnormal values.
With a short stop, increased risk, be careful😎
Remember, this is not a financial recommendation ❌
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Cluster chart - a type of chart that is the basis of cluster analysis. It shows at what price and at what time volume was traded. The chart consists of cluster bars, which in turn consist of rectangles (clusters), within which the following information is embedded:
We accepted very large sales. It feels like I’m either encountering everything that is being sold, or the market is just like this right now, you know what I mean)
Not a financial recommendation ❌
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Coins that potentially look good for LONG I will look more closely at what is happening, if I note something interesting for myself, I will write it down 🤫
Not a financial recommendation ❌
#tg_qelir #ResonancePlatform #ideas #trading
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