Hello dear traders i hope you were not affected by recent drop. About a week ago i advised everyone not to trade this market neither short nor long becuse it's too risky for both sides. So what have should we do? I told you stay aside and wait for global trendline breakout.( i tagg that post below). What to do now? Now we should stay aside as we did. It's so...
Look at the monthly timeframe What do you see? Higher timeframes never lie and they're very simple to understand! We see a double top around 60_70K which is a very strong resistance also we see a bearish divergence because as price making higher highs RSI making lower highs also RSI is overbought. There's a support around 18_13K and also 100 monthly EMA is exactly...
I see many people speaking about "The Death Cross" that's just appearing on the Bitcoin chart. The Cross brings some fear with it, and I can't just understand why, since it's not really a concerning one. But let me explain. A Death Cross is only strong and meaningful as long as Both SMA (50 & 200) are pointing to the downside - both SMA need to be declining. Many...
Imagine having a tool that helps one predict whether an asset is undervalued or overvalued. The price to earnings ratio is an incredibly powerful tool that is used for valuing the worth of a stock. If the P/E of a company’s stock is 50, it means that investors are willing to pay $50 for every $1 earnings of the company. However, with crypto, there cannot be a...
Hi traders! I did not plan to make this post but as Crypto markets are currently falling I will share some of my Crypto notes that have helped me to navigate in Cryptoverse. Side note: This is not the only way how to trade Crypto markets. Sharing just some information. Eventually every trader have it's own methods and beliefs. Being early is a great...
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...
This is a tutorial post and is more suitable for investors and we are not talking about short-term traders. Friends, the crypto market is not like the Forex market and the stock market. You have to work hard to keep digital assets in this market because it is a wild market. Do not compare this market with other markets because this market is very volatile and...
HALVING time is extended at the expense of market value. Prices are falling. Power collection time is also declining. I estimate that if it goes that way, bitcoin will cost 72,000 or 82,000. Currently, trend lines are pointing to price increases.
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...
Having the right Trading Tools as part of your Technical Analysis setup can give you the edge. When completing your Technical Analysis its good to know where high volume liquidity areas are. This script automatically shows you where these unrecovered zones are. This allows you as a trader to forecast Take Profits, closing your trade or when a reversal might...
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...
For context of how powerful negative divergence can be (or positive divergence for that matter) here we have BTC at its first top this year. To my amazement it recovered, as I thought it would just never get back up again. This is in the daily time frame. Indexes are exhibiting a similar technical condition but in the weekly time frame.
When markets open (Tokyo/Hong Kong/London/New York/Sydney) they can have different reactions to price movement. One of these reactions can be a quick move up to induce traders to go long and then reverse. This can sometimes be seen as a hammer candle. This particular trade was placed at the hammer candle close. 1% Stoploss above and 1% take profits...
Hello friends, When overconfident, traders tend to take very bullish (or bearish) positions in the futures markets. A slight variation in the spot market could have triggered several liquidation orders. This, in turn, causes a sort of butterfly effect in which more people start selling to get out of their positions, which triggers even more...
About a week ago bitcoin suddenly started to drop and falling more and more unexpectedly While everyone was talking about 98K. Now everyone is talking about 52. Most of people are waiting to buy at 52 and lots of traders are selling bitcoin so they take profit at 52. But there's a rule you shoul never forget. When most of people thinking about an ultimate target...
Just an example of how the indicator works for anyone using it or looking to use it. It has been smashing it. Had some nice big and small moves recently. Waiting on a long signal now fingers crossed.
From here (64 thousand) in the interval of 5 months to 90 thousand and 100 thousand and from there the correction of time to 45 to 55 thousand in the interval of 7 months to 1 year and then long-term ascent to 250 thousand to 300 Thousand
Time for another key crypto tip! Traditional markets! Watch them because they have a much greater affect on crypto movement than you may think 😲 From this example, we can see 3 crashes in traditional markets that correlate to that in crypto. This does not mean that every dip will take crypto down but I have seen it time and time again act as a catalyst to take...