Hello traders. Here I would like to take my take on the best timeframes (personally) that I use to trade on. This can apply to all tradable assets - especially for cryptocurrencies. Weekly Timeframe (1W): Usually one-week traders are known as longterm traders. Usually they are good at analyzing the market from a longer perspective and will usually have a...
Hello traders. Here I will be showing a simple diagram of the whole Bitcoin dominance effect towards Bitcoin and Alt coins. The diagram is extremely simplified so that anyone can refer to this chart in the future. Many people have a hard time when an alt season starts; however, understanding the few simple rules of Bitcoin dominance can help you know whether you...
Hello Traders. Thank you so much for the overwhelming support on the last post - we reached over 1200 likes - a new record and the best post of the month on Tradingview. Here I would like to go over why we all continue to fail buying the dips time after time from a market psychology perspective. This is a big problem for many of the traders, and we are all guilty...
Hello Traders. Here I give a friendly reminder to all beginners and advanced traders that holding (hodl'ing) your position is not ideal up to a certain point. The math of percentages shows that as losses get larger (compound interest), the return necessary to recover to break-even increases at a much faster rate. A loss of 10 percent necessitates an 11 percent...
As Biden suggested, "It is a time for healing." - I believe it is absolutely true for a time of healing in all aspects of the world, including Bitcoin. What is the Stock to flow? (about this indicator) As suggested by the creator of this indicator, 'PlanB' : " SF = stock / flow . Stock is the size of the existing stockpiles or reserve. Flow is the yearly...
Hello traders! Here I would like to present to you another personal market psychology trading plan that I believe is effective for all traders ranging from beginners to advanced . Do you have a trading plan? Most don't. It's very important to create a set of fixed rules that you will always follow when you are trading! The key word here is trading - not investing....
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** * Once I have this structure in place, finding the trend becomes relatively easy. When the pair is trending lower, I only want to look for selling opportunities. Of course, the opposite is true when the pair begins trending higher. Enter in the Direction of the Trend At...
Hello traders and investors, here I would like to compare and contrast the stark differences between a healthy and unhealthy bull run. I would like to dissect the 2019 bull run vs the 2020 bull run, as there is one major difference that I would like to focus on in terms of the differences of the two bull runs. The first thing that we can witness from 2019 is that...
Hello traders, these past few weeks have been incredibly profitable for many traders (and many losses as well)! Here I would like to show you an investor philosophy that I always trade by when approaching the market. Many people approach technical analysis thinking it's the first and foremost thing they must learn, which in reality, should be the last. It's...
There is no doubt that Bitcoin and the overall crypto market has some correlation with the stock market, with market experts remarking that Bitcoin has been surging in tandem with traditional markets for awhile over the past year or so. Extensive research has already been conducted by market experts to study the seeming correlation of both markets, but I would...
As a result of the Corona pandemic, the financial markets are experiencing a year of extremes. These include, as well as the speed of the price slump and the severity of the market fluctuations during the panic phase in March, the recovery rally that has lasted for two and a half months. Its extent is extremely impressive, and considered by many, terrifying. All...
After a few of the most uneventful news this week, Friday (Oct. 2) has brought a couple of interesting developments that are rather unexpected. Just a few hours ago, United States President Donald Trump announced on Twitter this morning that he and First Lady Melania Trump had tested positive for COVID-19, an unexpected movie plot twist that has sent shudders down...
Almost all forms of technical analysis involve the use of lagging indicators, as they are a great way to find the overall direction of the price action in either the immediate or medium term ahead. There are very few indicators that use any type of leading analysis due to the nature of the market psychology. That is because we don’t know what will happen - we...
Hello Traders and Investors. Here I would like to shine some light on why the stock market is now currently the leading indicator (here we use the SNP500) against all commodities, assets, and tradable cryptocurrencies during and post the COVID-19 Crash. Although the Bitcoin market has been showing strength, the general public has been growing eerie about the...
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** What Is Double Top and Bottom? Double top and bottom patterns are chart patterns that occur when the underlying investment moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). Double top and bottom analysis is used in technical analysis to...
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** One of the best methods of technical analysis at the beginning is to know the direction where it is heading Including the ascending channel and the descending channel pattern When drawing an ascending or descending channel, the tops of the bottoms are greater than...
Here we would like to suggest to you a breakout strategy that we know that can bring guaranteed profits for any trader. This is the most safest strategy that bring the highest rewards, lower risk, and still expose you to the market in a time of volatility. First things first, making a position with zero discipline is a recipe for disaster. We all would like to...
Bitcoin is currently at crossroads for the adjusted market cycle psychology theory. As we were not able to secure 12K, it seems like the bears have taken control for the short term; however, Bitcoin is argued by many that we may be on to new highs. Keeping in mind with our incredible recovery from the COVID19 crash, is this merely a bull trap? We have seen a...