This is an untouched glance at what I look at from time to time, and today on the darkest day of the year I'm going to talk about confluence. Confluence is just when a series of factors align, and in the TA world it's just when your personal suite of indicators and signals aligns with your strategy. In this 1h timeframe slice of the 'blue chip' of the crypto...
A Head and Shoulders Pattern is a chart formation that resembles a baseline with three peaks,the outside two are close in height and the middle is highest In TA this pattern it s essential to predict when a bullish trend will be changed to bearish This Head and shoulders pattern appear when: After long term bullish trend the price rises to a peak and after...
After few analysis i decided one of the best timeframe to spot the primary trend and reversal for BTC is the 2 weeks timeframe. The 1 month timeframe is too high as the asset is too young and it wouldn't be sensitive enough to give us reliable signals of reversals top and bottoms. Certainly there are many similarities between 2014 and 2018 but we always need to...
Update Vol.3 - added more CME's Bitcoin futures dates.
Dear friends, Today, in my training article, I’d like to share the idea of my experiment that I’m going to start with this post. I’ll explain in short its gist. Technical analysis applies numerous indicators; but their use is mostly limited by usual price charts that change along the time axis. The most common example is Japanese candlestick chart. ...
Here an outlook over some patterns that are very common in trading. Some may not be as visible in real time trading, but after some time you will get used to see them right away. Let me know if you like them or if I should add more
Tron (TRX) is preparing to form its bottom. - We have gone oversold on RSI daily timeframe. - And we have many EARLY signals of a coming bottom. I will keep track here and update as necessary if this trade idea receives enough attention. This is a friendly reminder so that you can keep and eye, opportunity to buy available. Note: This is for your learning and...
Let me show you a quick way to find resistance levels, which are also known as targets when you are looking to sell for profits when trading a coin. Above you have the Bitcoin chart with 1 candle per 24 hours; Daily time frame. Bitcoin price is likely to stop at the next resistance point. Note the word "likely", because there is always the chance of the price...
Here is an example from a live action! You can see the green box we don't have a candle close inside this area at the moment! So, that means we have a very strong area what we dealing right now! Up and down, strong candles smash this with a full break below and full break above! This "full candle breaks" means that we need a very strong power from...
What's up guys so this is a new analysis and educational update on the only true crypto king, Bitcoin. So we have a strong support at 7.8/7.9k and we could bounce on it and go retest the 200 sma around 9k or continue to drop thru this support as you can see on the chart with scenarios A and B. If the market decides to break that support and go with B, I think BTC...
Hey, I am back with another Chart, but this time with something more educational . Last time I was saying, that you should Ride with the wave, go with flow. Many of you has asked my how can I predict this market, if we are currently bearish or bullish, how to follow trends.. Yeah, this Chart looks kinda complicated and messy but again, I think cycles arent...
I am going to share with you all one of the primary trading strategies I use. As you read this keep in mind this is what I have found works best for ME in my situation with my busy life. I am not here to tell you martingale is the best strategy out there , it's just one that's out there that I have found to be very successful in my personal trading accounts. Its...
Blocknet (BLOCK), one of the coins that we started to trade back in early April, is gaining strength and moving up. But as we know, each time a top/peak is reached, there is a retrace in price, followed by consolidation before a coin continue its climb up. BLOCK has been doing good the past few days, but the time for the retrace has come. Here are a few signals...
#bitcoin update- $btc still moving between the 50fib-50DMA& 38.2fib(8266-8674)region, last night after testing the 38.2fib at 8674 it dropped impulsively and now we are seeing bullish rsi divergence in lower t-f around 50DMA-8268. We can expect a pullback till 8475-80. #Crypto
Hey traders, here's an update on the $BTC market. Enjoy ;) Remember the 1-2-3 Strategy: And if you forgot what cyclical trades are, watch this one:
Give this idea a thumb up, to see more of this. I'll post quick trading ideas and education only my Twitter account. I was looking for some good trades today and I just found this obvious trade. During I was analysing this coin, I decided to post this in "education", because I spotted that this is a classical example of: - How resistances can turn into support...
Ask a hundred traders whether you should be using Log charts or Linear charts and you will get as many answers. The real answer seems to boil down to - Look at both and find what works. On the lower time frames there is often not a big difference. Log is often considered best for longer-term charting, but that is not an absolute. Badrosha on twitter writes:...
The correlation with VIX is fantastic. Officially called the CBOE Volatility Index and listed under the ticker symbol VIX, investors and analysts sometimes refer to it by its unofficial nickname: the fear index. When the fear increases the price of Bitcoin goes down, and other way around, the VIX is returning to low levels, means that investors are confident. The...