Global inflation often signifies a weakening of global currencies. The question of whether Bitcoin can serve as a hedge against a depreciating dollar has gained significant interest among investors. Or should it still be the Gold? In this study, we will analyse the top 8 cryptocurrencies to determine which one is a more reliable currency hedge. Bitcoin & Its...
Voodoo levels tip: When low volatility is expected (like over the weekend), price on an intraday basis will most likely range between DH1 and DL1 levels. Exceptions can always happen. But expecting low volatility and mean reversion at the CME open on Sunday is something I continue to bet on. Enjoy your weekend!
Embracing Bruce Lee's Timeless Insights to Conquer the Markets "Empty your mind, be formless, shapeless like water. If you put water into a cup, it becomes the cup. If you put water into a bottle, it becomes the bottle. If you put it in a teapot, it becomes the teapot. Water can flow or it can crash. Be water, my friend." - Bruce Lee Embrace Adaptability: ...
Best Indicator for crypto trading is RSI ( Relative Strength Index ) is very necessary for technical analysis . Mostly traders observe the previous market volatility and predict future trends . All cryptocurrencies are run by blockchain technology so traders use this tools to analyses the markets fluctuation. There are many indicator for crypto trading but the...
Bitcoin has made a bullish divergence on the weekly rsi, meaning the price went lower while the rsi is making a higher high. Not only do we see a bullish divergence, the divergence is happening in a falling channel. The only thing missing is a third confirmation of this bullish divergence. That confirmation can happen in 2 ways: 1: making a lower low on the...
📉 We will cover the following today: Inside Bar (Inside Day) Inside Days 📉 Inside Days are a daily pattern involving two daily candles, we have a day of trade, also known as the ‘mother candle’ and then the following day trades the whole day within the range of the previous day. This is a two-day bias suggesting a potential reversal. A great way to play these...
📉 What is crypto seasonality? Crypto seasonality is the perception that Bitcoin will rise and fall over a set period of time, drastically affecting the crypto market overall. Bitcoin (BTC) is the world’s largest cryptocurrency, as well as the first-ever one. As the first cryptocurrency, it has tons of value locked up into it at all times, and all subsequent...
📉 As we talked about market seasonality i will explain in this video why i look forward bitcoin bullish market seasonality. 📉 As you can see we have an intresting bullish cycle that will start exactly from the incoming month APRIL towards AUGUST we have a higher chance to see BITCOIN going higher at least this is what statistics shows to us. What do you think ?...
Once a trader from a large forex trading desk explained his main trading daily routine. He started his day placing a large order to test the closest price resistance, waiting for the market to react. If the market moved in the direction of his trade, he was happy with a nice profit. On the other hand, if the resistance proved to be solid, he would have closed...
The birth of BTC pumpkin. One dark dark evening, in a terrible 2017, when huge incomes of investors drove them to euphoric blood-strokes, it was born... Vegetable electronic evil , the king of margin calls, garden crypto ganster - BTC pumpkin. With the right hand, it weakens the growing trend , and with the left hand it attracts with overbought stochastics,...
Many traders would have you believe that a certain trade or indicator is the best way to manage your risk in the Crypto market. But the truth is, the best risk management strategy, is self-discipline. Specifically, as a trader, you must never risk more than 1% of your total capital on a single trade. The main reason for this rule is to minimize capital losses in...
The more Lower High and Lower Low points the best the situation will be.
Hey everyone, After calling a setup on Dash that failed to trigger, the same setup is back a few days later. Looking for more consolidation on lower timeframes and expect it to resume the uptrend soon. Take care, Vlad The Crypto Trader
Hello my dear traders and friends, As you can see the Bitcoins chart, the value has skyrocket in 2 months after the first major outbreak pandemic coronavirus on January 2020. People start to buy the bitcoins and the value increase towards the sentiment. They thinking this bitcoins will be the safe heaven towards this pandemic. For the reason, if you move towards...
What a beauty move. But be honest...who didn't saw that guys? Just need some manual draws on RSI(20). RSI(20) breakout once, than confirmed twice. Look what caused this on the candles chart: What's next? In the next 45 minutes (before the next 1H close) bitcoin will decide : which direction to keep before this weekend. Be safe: it could be a...
Here's a few helpful tips I have learned trading RSI in a bear market. Watch for trends and act accordingly. Open shorts at good entry points with a stop loss right above it. If your stop is hit, do not panic. Just admit you were wrong and go long/buy into the trend if the buying volume and price action is strong enough. For shorting, watch for the RSI bounces....
Two plus points for bitcoin at the moment. First is that at this stage based on past performance it appears like stocks go down bitcoin stays level. If stocks rocket so does bitcoin. Win Win. Plus lots of hype about new entrants into the crypto market. My belief - biggest threat to bitcoin future is in brand awareness, and adoption. The authorities will reward...