This is the pattern that reveals the bottom for the Altcoins (Altcoins vs Bitcoin). We are looking at it on the RSK Infrastructure Framework (RIFBTC) chart but it is present/showing up everywhere. This pattern is what we call a "shakeout" or a stop-loss hunt move. The market breaks down strong below support just to move quickly back above it. This started...
Over the last year I have spent a lot of time on @TradingView writing up educational content, I have tried to apply drawings to my charts to express some lessons in simple yet easy to follow and understand walkthroughs. Here's a chronology regardless of your experience and level. Let's start with Psychology - this is the life and soul of the market, if humans...
Trading futures is not for beginners and should only be attempted by experienced traders with a strong understanding of the market as a whole and especially a strong understanding of Risk Management & Trading Psychology. Below I have explained some of the Risks involved in Trading Futures: ------------------------- Liquidation When liquidation occurs your...
This is an educational post on Elliott Impulse Wave structures, and how the theory can be applied to Bitcoin's chart, in order for us to identify the overall market trend. Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and...
In this video we explain the real world use cases of each of the top 10 cryptocurrencies. A lot of focus in crypto is focused on the price and the volatility of each coin without many people necessary understanding what their purposes are. Bitcoin (BTC) Digital Gold, a store of wealth and protection against inflation… this is because there’s a limited supply...
each reversal pivot or node (flag) has big orders that makes a Failure To Continue interval which called FTC imagine that each reversal pivot has 3 disposable price interval like traffic light : 1. yellow (FTC accept) : its kind of protection for FTC, start of finding divergence like wave 3-5 of Elliot 2. red (FTC) : the level which has biggest order and...
Hello traders, I think those two charts are useful when used alongside each other in correlation. It is logical that decline in BTC price leads to inflow in USDT and vice versa. So we could say (and the chart shows, that the correlation between the price BTC and market cap of USDT is inversely proportional). For further simple explanation there are some events...
Over the last couple of months, I have posted several educational articles. This one is to show how some of the tools widely used in trading can actually fit together. I wrote a post a while ago about Dow Theory and how it fits into most modern technical analysis. Click on each link to get the in depth content from the posts When looking at a trend, cycle or...
images Who was Fibonacci? Fibonacci (1170 – c. 1240–50), also known as Leonardo Bonacci, Leonardo of Pisa, or Leonardo Bigollo Pisano was an Italian mathematician from the Republic of Pisa, considered to be "the most talented Western mathematician of the Middle Ages". Fibonacci popularized the Hindu–Arabic numeral system in the Western world primarily...
Why I add drawings to my TA - mostly as I have time and enjoy entertaining on serious topics. Brighten up the world of @TradingView for you guys. In the recent months since the Rocket call - (BTC Drop to 30k from 60k+) its been a slow steady burn on the weekly 3-4 move in terms of Elliott Wave. I have spent the time putting together some educational content as...
Richard Ney spoke about think of the market like a warehouse, the owners of the warehouse CM (composite man) needs to fill the building with inventory, they need to sell some as they acquire more - issuing news releases of their grand launch. But their whole objective is to buy at the wholesale rate & sell at retail prices. Think of this in a simple chronology...
This is the strongest Bitcoin Pattern. Its called the Ladel Pattern, and it Starts when BTC reaches All-time high. The Ladel pattern has been consistently appearing at every major all-time high of BTC. And the accuracy of this pattern is pretty high as you’ll see in this video. People are used to “One Size Fits All Patterns”. The ladle pattern is proof that...
Hi every one today we wanna talk about something that Is pretty Interesting and quite awesome for Crypto Traders! so we observed the chart of DXY and BTC and from last year they've been moving in the opposite direction! pay attention to the charts! you can see that the price of BTC starting from may 11th 2020 has started a bullish rally while on DXY chart the...
I think we all need to see some positive vibes by now, Enjoy!
Trend lines are used in technical analysis to define an uptrend or downtrend. Traditionally, uptrend lines are made by drawing a straight line through a series of ascending higher troughs (lows). ... With downtrends, trend lines are formed by drawing a straight line through a series of descending lower highs. In an uptrend, the “imaginary line” acts as support...
According to Wyckoff, the market can be understood and anticipated through detailed analysis of supply and demand, which can be ascertained from studying price action, volume and time. As a broker, he was in a position to observe the activities of highly successful individuals and groups who dominated specific issues; consequently, he was able to decipher, via the...
If you notice that in the previous Bitcoin crash, there was a move during which the bearish move did not go above the previous candlestick, in other words, no previous candlestick broke until a long shadow candle (pin bar) was formed and Then a powerful ascending candlestick broke its previous candlestick and then an ascending movement was formed ... such...