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Friday, April 19, 2024

Price and Volume Swing Analysis on Bitcoin and Silver

Courtesy of Read the Ticker

price-and-volume-swing-analysis-on-bitcoin-and-silverMany take guidance from news, pundits or advisors. Well sometimes the swings of price and volume are a better measure of what happens next.



The big boys do not accumulate or distribute in single 1 second trade, they build positions over weeks, months and years. They use price swings in the market to build or reduce positions, and you can see their intent by studying swings of price and volume and applying Tim Ord logic as written in his book called ‘The Secret Science of Price and Volume: Techniques for Spotting Market Trends, Hot Sectors, and the Best Stocks’.



Tim Ord is a follower of Richard Wyckoff logic, his book has added to the studies of Richard Wyckoff, Richard Ney and Bob Evans.



Richard Wyckoff after years of teaching said to his students:



         ..”I latter told my students, ‘think in waves’ [of price and volume]”..





readtheticker.com has coded Tim Ord software logic into our Analysis chart, here are two examples.












Bitcoin – Daily



Click for popup. Clear your browser cache if image is not showing.

BTC






Silver – Daily



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SlV






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NOTE: Posts here are the lite version, more depth on each subject can be found via our RTT Plus membership.




Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.





NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net



Investing Quote…



..“The desire for constant action irrespective of underlying conditions is responsible for many losses on Wall Street, even among the professionals, who feel that they must take home some money every day, as though they were working for regular wages.”..



Jesse Livermore





..”it is better to have few stocks and to watch them carefully”…



Bernard Burach





..“By failing to prepare, you are preparing to fail”..



Benjamin Franklin





..”Until an hour before the Devil fell, God thought him beautiful in Heaven”..



Arthur Miller, “The Crucible”

 [Contrarian Investing]











..”A radical is one who speaks the truth.”..



Charles August Lindbergh Snr







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