Technical Analysis (AKA Price Action) Technical analysis is the understanding and observing of markets through the only thing that matters; price. Prices generate similar patterns over time, in every market. A single price chart contains more information than you would ever imagine at first glance. Everything you need to know about any company, or market is on...
Technical Analysis (AKA Price Action) Technical analysis is the understanding and observing of markets through the only thing that matters; price. Prices generate similar patterns over time, in every market. A single price chart contains more information than you would ever imagine at first glance. Everything you need to know about any company, or market is...
Finding The Fire Station For This Fired Up BTC There Is Idea Of Short Letter to Predict BTC . Also its your Kind donate Any Crypto to Author :-d First Step Was Crossing The Line Border . 16640 $ Tonight you Saw this Cross Line Was Brooked By Btc Short Firing There Is no Such Big Resistance to Setting Up Btc Place in 2 Lines First one will Be simple...
Going to write about a theory i have on what might have been going on the past 9 months. I have talked about similar things a few times in educational posts, saying that financial markets are NOT here for us, they are here for the brokers and banks to get commission fees and intrest (funding) from leveraged traders. Just like: Casino's: house always wins on the...
Will Parabolic SAR pattern repeat. NOT ADVICE. DYOR.
The arrows show where I sold and the fingers show where I bought back. I did okay this weekend :)
as you can see in the picture, these days the BTC is facing with its most important resistance area in weekly time frame. during this weeks if the price can breaks that, we will have a new long term buy signal! and if can't, we will encounter with the unbreakable support area at the blue zone.
DXY Down (Good) TNX Up (Good) IRAN Not Suicidal (Good) USA No Fat Finger Missiles (Good)
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...
Since peak price 2017 shorts 20 MA has only produced this trough pattern three times and on the last two it resulted in whipsaw
A reminder of how easy it is to make crypto look scary without the extras. NOT ADVICE. DYOR.
$Bitcoin has just formed an almost horizontal flat channel. Both, a support and a resistance are ascending which makes this channel - BEARISH . However, we have two triggers, one for SHORT position, another for LONG, let me explain you. If the price of $BTC break through the resistance at $8200 and takes hold above one, you can open short-term LONG ...
All details on chart NOT ADVICE. DYOR.
The purpose of technical analysis using the Wyckoff method is to improve the timing of market operations when a speculative position is formed in anticipation of an upcoming move, where there is a favorable profit/risk ratio to justify opening this position. Trading Ranges ( TRs ) are the points where previous movement will be stopped and there will be a...
All details on chart NOT ADVICE. DYOR.
As you can see in the image, Bitcoin and Fib retracements are a very powerful combination. I personally only use 61.80% & 78.60% because this particular market is very volatile and prices tend to go down or up very fast. Always wait for 4H or Daily Closure and a good candlestick pattern like doji, tweezers tops, hammer. Remember that the most powerful Fibonacci...
Im seeing a build up of red volume candles which could signify a drop soon. What Ive noticed is if you look at the previous candles it helps when determining future price movement. For instance if you see 10 tiny red volume candles in a row they add up. So if you see a period with more red volume than green its not wrong to assume that a decline in price is in...