Bitcoin Trade Signals Review 15M Since 2019 July to 2019 Oct 25BITMEX:XBTUSD
COINBASE:BTCUSD
BINANCE:BTCUSDT
Timeframes on Ribbons: 15m -> 12H
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
This Tutorial Idea Indicates some important trading signals of Bitcoin given by the indicator since 2019 July to 2019 Oct 25, in order to help users of the indicator learn how to identify opportunities.
Signals Pattern
Trigger in Short Term: Ribbon 1 - Ribbon 3/4
Context: Ribbon 3/4 - Ribbon 12, which is the most outstanding ribbons with priority: Yellow-Blue, Lime-Purple, Red - Green, else.
Some Typical Trigger Signals :
Long:
Yellow -> Lime: Breakout
Blue -> Green: Reverse
Purple -> Blue: Fading Breakout downward
Light Green / Red -> Green
Short:
Blue -> Purple: Breakout downward
Yellow -> Red: Reverse
Lime -> Yellow: Fading Breakout
Light Red / Green -> Red
I appreciate your like or comment. Welcome to share your idea here.
PM the author for a free trial of "9 Seasons Rainbow Multi TimeFrames Pattern".
DISCLAIMER
This idea is only a personal opinion and does NOT serve as investing advice NOR as trading advice.
This idea, "9 Seasons Rainbow Multi TimeFrames Pattern" indicators, and all related contents are for the purpose of trading strategies studying or paper trading.
If a user or a customer uses any of these related contents for live trading or investment, she/he should take all risks.
9seasonsrainbow
When A Support Does Not Generate Further Value 20190813ukA support may bring two possibilities, Reverse or Continuous Drop.
A method to judge the change of validation or strength of a support: rise percentage the support generates, if % decreases, the value of the support is weakened.
As shown in the chart, the Blue in 30M indicates the support. From the support, there were two bounces:
1st 2% rise from 11350
2nd 1% rise from 11350
The lower High Indicated the support did not generate more value.
Considering the big trend is down, the breakdown is high probability event, so the support should not be taken as a Demand Zone any more after two bounces. Instead, a short trade may be placed when the second bounce ended ( Green -> Red after the Lower High)
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Signals
Blue: Support
Blue -> Green -> Red: A cycle of Support -> Bounce -> End of Bounce
Green -> Red with a Lower High: Short Trade Entrance
I appreciate your like or comment. Welcome to share your idea here.
PM the author for a one-week free trial of "9 Seasons Rainbow Multi TimeFrames Pattern".
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.
When A Support Does Not Generate Further ValueA support may bring two possibilities, Reverse or Continuous Drop.
A method to judge the change of validation or strength of a support: rise percentage the support generates, if % decreases, the value of the support is decreased.
As shown in the chart, the Blue in 30M indicates the support. From the support, there were two bounces:
1st 2% rise from 11350
2nd 1% rise from 11350
The lower High Indicated the support did not generate more value.
Considering the big trend is down, the breakdown is high probability event, so the support should not be taken as a Demand Zone any more after two bounces. Instead, a short trade may be placed when the second bounce ended ( Green -> Red after the Lower High)
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Signals
Blue: Support
Blue -> Green -> Red: A cycle of Support -> Bounce -> End of Bounce
Green -> Red with a Lower High: Short Trade Entrance
I appreciate your like or comment. Welcome to share your idea here.
PM the author for a one-week free trial of "9 Seasons Rainbow Multi TimeFrames Pattern".
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.
Bitcoin Trade Signals Review - 1H Since 2018 Jan To 20190730ukBITMEX:XBTUSD
BITSTAMP:BTCUSD
BINANCE:BTCUSDT
Timeframes on Ribbons: 1H -> 45H
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
This Tutorial Idea Indicates some important trading signals of Bitcoin given by the indicator since 2018 January, in order to help users of the indicator learn how to identify opportunities.
Some Typical Trigger Signals:
Long:
Yellow -> Lime: Breakout
Blue -> Green: Reverse
Purple -> Blue: Fading Breakout downward
Short:
Blue -> Purple: Breakout downward
Yellow -> Red: Reverse
Lime -> Yellow: Fading Breakout
Signals Pattern
Trigger in Short Term: Ribbon 1 - Ribbon 3/4
Context: Ribbon 3/4 - Ribbon 12, which is the most outstanding ribbons with priority: Yellow-Blue, Lime-Purple, Red - Green, else.
I appreciate your like or comment. Welcome to share your idea here.
PM the author for a one-week free trial of "9 Seasons Rainbow Multi TimeFrames Pattern".
DISCLAIMER
This idea is only a personal opinion and does NOT serve as investing advice NOR as trading advice.
This idea, "9 Seasons Rainbow Multi TimeFrames Pattern" indicators, and all related contents are for the purpose of trading strategies studying or paper trading.
If a user or a customer uses any of these related contents for live trading or investment, she/he should take all risks.
Bitcoin Trade Signals Review - 1H Since 2018 January To 20190730BITMEX:XBTUSD
COINBASE:BTCUSD
BINANCE:BTCUSDT
Timeframes on Ribbons: 1H -> 45H
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
This Tutorial Idea Indicates some important trading signals of Bitcoin given by the indicator since 2018 January, in order to help users of the indicator learn how to identify opportunities.
Some Typical Trigger Signals:
Long:
Yellow -> Lime: Breakout
Blue -> Green: Reverse
Purple -> Blue: Fading Breakout downward
Short:
Blue -> Purple: Breakout downward
Yellow -> Red: Reverse
Lime -> Yellow: Fading Breakout
Signals Pattern
Trigger in Short Term: Ribbon 1 - Ribbon 3/4
Context: Ribbon 3/4 - Ribbon 12, which is the most outstanding ribbons with priority: Yellow-Blue, Lime-Purple, Red - Green, else.
I appreciate your like or comment. Welcome to share your idea here.
PM the author for a one-week free trial of "9 Seasons Rainbow Multi TimeFrames Pattern".
DISCLAIMER
This idea is only a personal opinion and does NOT serve as investing advice NOR as trading advice.
This idea, "9 Seasons Rainbow Multi TimeFrames Pattern" indicators, and all related contents are for the purpose of trading strategies studying or paper trading.
If a user or a customer uses any of these related contents for live trading or investment, she/he should take all risks.