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🔥WHY ALTCOINS FOLLOW THE BTC PRICE? A FULL GUIDE FOR TRADERS!🔥Hi, friends! I will explain why altcoins are following BTC and how traders can take advantage of this idea. The first and main crypto is Bitcoin. I am sure that 99% of traders/investors discover crypto through BTC. 📊THE 4 MAIN REASONS WHY ALTCOINS FOLLOW BTC: 🔥 Bitcoin is the most influential cryptocurrency: As the first cryptocurrency and the largest by market capitalization, Bitcoin has a significant impact on the entire cryptocurrency market. The price of Bitcoin often affects the prices of other cryptocurrencies, and it can cause other altcoins to rise or fall in value. Therefore, it's essential to keep a close eye on Bitcoin's price if you're trading altcoins, as it can indicate market trends and potential opportunities. 🔥 Altcoin prices are correlated with Bitcoin: Many altcoins have a strong correlation with Bitcoin's price movement. This means that if Bitcoin's price is rising, it's likely that the value of altcoins will also increase. However, if Bitcoin's price falls, altcoins are also likely to experience a decline in value. As such, tracking Bitcoin's price can provide valuable insights into the behavior of other cryptocurrencies in the market . 🔥 Bitcoin can act as a safe haven asset: During times of market volatility or economic uncertainty, Bitcoin has historically acted as a safe haven asset. This means that investors tend to flock to Bitcoin as a way to store value and protect their investments. As a result, Bitcoin's price can rise during times of crisis, and this can have an impact on altcoin prices as well. By monitoring Bitcoin's price, traders can gain insight into market sentiment and adjust their trading strategies accordingly. 🔥 Bitcoin is a market indicator: Bitcoin's price is often used as an indicator of the overall health of the cryptocurrency market. For instance, if Bitcoin's price is rising, it may indicate that the market is bullish and that investors are optimistic about the future of cryptocurrency. On the other hand, if Bitcoin's price is falling, it may suggest that the market is bearish and that investors are taking a cautious approach. By keeping an eye on Bitcoin's price, traders can gain a better understanding of market trends and make more informed decisions when trading altcoins. ✅HOW TRADERS CAN USE THIS BTC-ALTCOIN PATTERN I made 4 simple comparisons for you to show it. I used Bitcoin (as #1 crypto) and ETH (#1 altcoin). Take a look on the chart and the numbers on it. 🚩 1st case. If BTC falls at the beginning of the bull market = altcoins fall so much. In the first case BTC fell by -60-65% and ETH fell by -70-75%. It's not too much for ETH, but you can check the other alts. They fell by -85-90%. 🚩 2nd case. After the long consolidations altcoin grow higher than BTC. BTC made +35%, but ETH made +81%. It's 2 times bigger than BTC. 🚩 3rd case. BTC and altcoins during the rally grow equally. Except for some skyrocketing crypto as AXS, SOL and etc, of course. +452% for BTC and +480% for ETH. 🚩 4th case. New ATH is a time for altcoins' pumps. This is the time when they grow by 300-400% in a few weeks. As you see, BTC made +5%, but ETH +157%! 🔥SUMMARY. So, the 2nd case (after the consolidation) and 4th case (at the new ATH) is the best to catch strong altcoins movements for a hundred percent% and 40-50 or even 100RR. Now you can use it in your trading, cause you will know what BTC do now and how it will affect altcoins. I hope this idea was useful for you. Do you have your own notes? Write your most profitable BTC-atlcoins patterns in the comments! 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Education
by Yuriy_Bishko
3
🔥SECRET METHOD TO IDENTIFY LONG TERM TREND:VOLUME PROFILE+POC🚀🔥Hi, friends! Trend is the most important thing in trading, so you have to know how to identify it and be a successful trader. In this idea, I will explain to you the most easiest and useful method for trend identification. I know that you haven't heard about that. 📊 THE INSTRUMENTS WE USE TO IDENTIFY THE TREND: 🔥 Fixed Range Volume Profile (FRVP) 🔥 Point of control or POC 🔥 Bitcoin monthly candles/bars. They help to identify the long-term trend without local noise ✅ IF YOU WANT TO UNDERSTAND IF THE BULL MARKET BEGINS AND CONTINUES, YOU NEED: 1. Use the Volume Profile. Just pick it at the left side of the TradingView chart at "Prediction and Measurement Tools". 2. Stretch the volume profile on a monthly candle/bar. 3. After this you will see the Point of Control (POC, red line) which shows you where the most liquidity is concentrated. 4. If the price continues to close above the POC each month, this means that we have a healthy bull market. 5*. If you see that the monthly candle is close below the POC, you need to be more careful with your trends. This can indicate about a trend change, but it happens at least 1 time in the middle of the bull market. Check the precious bull market. Thats work perfectly! 🚩 You can check if it rule works for the BEAR market and write it in the comments. 📊 WHY IT'S IMPORTANT TO UNDERSTAND THE LONG TERM TREND I know that you guys know the most famous trading quote: "Trend is your friend." . Naive but very useful recommendation. The understanding of the long term trend helps you to reduce 50-70% of your losing trades and increase your winrate at least to 60-80%: 🔥 you can use only trend following strategy and make much more money (open only long trades on bull market or open only a short trades on bear market) 🔥 reduce the risk when opening a trade against the trend and cut the losses. 🚩 Additionally, if you buy crypto (BTC, ETH or other alts) on spot, you can use this method to buy and hold crypto till BTC not change the trend. This method helps you to make a huge profit. So friends, this 5 min educational idea helps you to grow your deposit much faster and don't get big losses during the trading. Traders, was it useful for you? I know I have is a lot of experienced traders. Write your most useful trading tips in the comments to help the newbies. 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Education
by Yuriy_Bishko
4
🔥WHAT IS NEEDED FOR BITCOIN TO GROW HIGHER? 1300%vs4900%🚀🔥Hi friends! A lot of newbies consider these things as something bad. These make them very unhappy and disappointed because their position gets the loss. These things are the pullbacks or corrections after significant growth. Everyone is waiting for it now to buy more cheap crypto. 📊 The pullback is the price fall after significant growth. But why is it so good for price growth: 🔥 1. it makes the market (BTC as well) much healthier because it liquidates overleverage traders. For example, -40% pullback liquidates all traders with 1.5x leverage and coll down the market (as it was in the 2016-2017 bull market). 🔥 2. it gives the opportunity to enter the long traders for the advanced traders. If we have 5-6 pullbacks every time after 100-150% growth, you can use already earned money in new trades (increase the risk per trade). When the price doesn't make the pullbacks and you enter the trade at the very beginning of the bull market, you have no chance to exit the trade and use the margin from the profit to increase the risk per trade. ✅ COMPARISON OF 2016-2017 AND 2020-2021 🚩 2016-2017 BULL MARKET The market had made 4900% of profit in just 2 years. I mention 6 huge dumps with 30-40% drawdowns. These dumps cool down the market and liquidate overleveraged traders. Lots of entrance opportunities. Hope the next bull market will be the same. Of course, you can say that market was not as big as now and I agree with you. But the whole BTC capitalization is equal to 3.5% of the entire gold cap, so it's just the beginning for crypto. 🚩2020-2021 BULL MARKET This bull market as well as the 2019 local bull market was almost with no pullbacks and entrance possibilities. Bitcoin had made just +1300% in 2 years. Just 3 pullbacks with +16-30%. Almost no liquidations and no cool down of the market. Not the best growth as the result. In that bull market, the beginners can't even normally use their gaining margin to open new trades. 🔥 WHAT WILL HAPPEN IN THE NEXT BULL MARKET? I think that this growth will be the same as at the last bull market. Of course, it will be some surprises as at each bull market, but it will grow nonstop. I make a huge update about this in the last idea. Check it if you want to know what to expect from BTC and the crypto market here👇 🚩Traders, what is your expectation about BTC bull market? Do you agree with me or have another argument? Write it in the comments! 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Education
by Yuriy_Bishko
7
🔥THE BEST TIME TO BUY ALTCOINS: DOMINACE AND ALTSEASON🔥 Hi friends! All you know and like the time when altcoins make +50-100% or more profit just in 1-2 weeks. Most of the traders enjoy this time. Dominance is a key thing that helps us to identify such periods (altseasons) and buy alts in time. 📊 WHAT IS ALTSEASON AND WHY DOES IT HAPPEN? Altseason is a time when most altcoins grow by 30% or more. THE TWO MAIN REASONS OF ALTSEAON: 1. BTC capitalization outflow and its inflow in altcoins (dominance fall). 🚩 Dominance is the ratio between the total value of all Bitcoins to the total value of the crypto market ( Bitcoin + altcoins). Altcoins start ti griw when it falls. Bitcoin currently has a $320 billion capitalization and for Bitcoin these $1-2B globally do not mean anything. As the altcoins have a lower capitalization, when $1-2 billion from Bitcoin flows into any altcoin, it can grow by 100% or more. With large outflows (10-20% of Bitcoin's capitalization), the growth of all altcoins (altseason) begins. 2. huge money inflow in altcoins during periods of "greed", when crypto market makes new ATH or BTC is at the last stage of bull market (parabolic growth). The BTC dominance falls in this case too. All you know the periods when BTC make a new ATH and this is a most comfortable time to grow your deposit - everything is just exploding. ✅ As Bitcoin is still far from its highs, which is the second reason for the growth of altcoins, we should look for the first reason, which is the flow of money from BTC to altcoins now. Our main task is to buy good altcoins just before the altseason. 📊 WHEN WILL THE NEXT ALTSEASON START? Friends, as you can see on the chart, the altseason begin when the BTC dominance falls. Now we should expect the next atseason when BTC reaches 50-54% of dominance. ✅ The altcoins start PUMPS during this dominance fall as was shown at 1 and 2 cases. Friends, I will publish a list and trading setups of the best altcoins when that time comes. Let me know which altcoin I should pay attention to. Write it's ticker in the comments. 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
CRYPTOCAP:BTC.DEducation
by Yuriy_Bishko
15
🔥✅HOW TO GET 70% WIN RATE USING VOLUME PROFILE🔥 Hi friends! Today we will talk about a very important trading tool that can give you 70% win rate if you will know how to use it as a pro trader. This tool is a volume profile. 📊 WHAT IS THE VOLUME PROFILE? The volume profile is a real traded volume. Unlike the usual vertical volumes that show the amount of volume traded over a certain amount of time, the horizontal volume shows the volume traded over a certain price range. The volume profile has 2 components:
 🔥 value area (yellow areas), which is the biggest resistance/support for the price. There can be several value areas, but the largest value areas called HVN or High Volume Nodes. 🔥 liquidity gap (white area) is the area where the least volume is traded. Usually, the price "cuts" through these areas very quickly. 📊 HOW TO USE THE VOLUME PROFILE? I want to show you how it works. If we want to understand the next price movement, we should identify the biggest value areas. So you see the most significant liquidity (value) areas and wait when the price tests it: 1. if the price breaks the value area and tests it as support , you can enter a trade because bulls are strong and the price should go higher. 🚩 The clear trade example on how to use HVN (value area) as support (+20% of clear move). 2. if the price test it as resistance , this means that bears are stronger and bulls haven`t enough power to push the price higher. 🚩 The clear trade example on how to use HVN (value area) as resistance (+26% of clear move). So the value areas or HVN are a stop on the way of price movement in one direction or another. The better you determine where the price will go after testing this HVN (value area), the more profitable you will be. 🚩 If you use this approach on lower timeframes, you can get more trades. This is ideal if you are an intraday or swing trader. Try using horizontal volumes yourself, and in the following ideas, I will tell you how I and other advanced traders use them. ✅ So this approach has 50-70% win rate, but if you want to increase it, you need to use additional filters. Personally, I use the DOM and Footprint to identify the whales' orders and buy crypto with the big guys. These indicators can easily add 25-35% to your win rate. I make a lot of video lessons and articles about them, so enjoy and make money. 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Education
by Yuriy_Bishko
9
🔥🚩POINT OF CONTROL: THE MOST USEFUL TOOL FOR TREND TRADER🔥 Hi friends! Point of control is a part of volume profile indicator and very useful tool to identify upcoming BTC or any other asset move. I will explain you how to use this tool in your trading and make a good profit in this idea. 💹 Horizontal Volume Indicator or Volume Profile is a simple indicator that helps to identify: value areas (support or resistance zones), points of control and liquidity gaps. 📊 HOW TO USE POINT OF CONTROL Point of control (red line on the chart) is the place of the largest accumulation of liquidity. We can say that this is the place of "the biggest battle between bulls and bears": 🔥the point of control becomes a resistance in case of "bears' victory" and crypto start to fall 🔥the point of control becomes a support in case of "bulls' victory and crypto start to grow 🚩 When one of the sides wins the "battle", this is the best time to enter the trade in short or long. ✅ No matter how complicated this tool looks, it is very easy to use: 1. extend the volume profile indicator from the lows to the highs. The indicator automatically shows the largest accumulation of liquidity showing POC (red line). 2. wait until the price tests the POC as support or resistance . From time to time the price can consolidate directly on the POC, which indicates the "battle" of long and short traders. Pay attention to the chart. I have selected for you 4 cases of using POC on the volume profile: 1. Bitcoin just touched the POC at $39,700 and bounced up 72%. 2. the price tested the POC as resistance at $61,100 after which the price fell by 45% from the absolute highs. 3. Bitcoin consolidated around the POC at $39,000 for some time. The price fell by 31%. 4. POC is at the price of $19,150 per Bitcoin. Now you have to expect the price to return to this level and carefully watch the price reaction on POC. 🔥If the POC is tested as resistance , then it is very likely that we will see the level of $13,000-14,000 for BTC. 🔥If the POC is tested successfully as support , then the price will be able to make higher highs and start a bullish trend for Bitcoin. I talked about this scenario in previous ideas. 🚩 HOW TO ADD VOLUME PROFILE INDICATOR WITH POC TO YOUR CHART? 3 steps to add the indicator to your chart: 1. open "prediction and measurement tools" at the left part of chart 2. choose the "Fixed Range Volume Profile" 3. choose the price range from some date till another date. So now you can see all important value areas and point of control. ✅ Point of control help you to identify the power of bulls or bears on different timeframes and make the right trading decision in the most of cases. Personally, I use this tool effectively for swing trading and scalping as well. Traders, do use this indicator and such tools as POC in your trading? What is your favorite idicator for trading? Let me know in the comments. 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Education
by Yuriy_Bishko
7
Tips for beginners on how not to make mistakes when trading Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ Guys, today I want to share with you information from one interesting blog, for the last 3 weeks the market has not shown us strong volatility and we have to watch almost the same price range, I'm talking about the main cryptocurrency, Bitcoin. So I decided to share this information for beginners in order not to make mistakes that can be so easily avoided in the future. Let's start with you in order: What is Consolidation or Flat? Consolidation is the state of the market when it is sandwiched between support and resistance. This state means that a certain state of balance has arisen in the market between sellers or buyers, that is, demand has balanced supply. In other words, the market is in a state of accumulation or distribution. According to statistics, about 80% of the time the markets are in a flat state, so trading in a sideways range will always be profitable for traders. For consolidation to become apparent, the price must touch the support and resistance levels at least twice. I think that it is clear here, this is a classic of technical analysis, trading from levels in FLAT. Example below: And so let's continue: Consolidations can expand and contract. An expanding consolidation occurs when the price makes a false break and moves back into a range, thereby expanding the space between support and resistance. Selling at resistance will force you to hit a stop as price breaks the current resistance level to then move back into the range. Example below: A shrinking consolidation occurs when the market enters a period of low volatility, for example due to an impending news release. During periods of narrow consolidation, it is better to refrain from entering the market and making deals. But during periods of broad consolidation, you can trade from its borders. This will give us a good risk to reward potential. However, you should always remember that sooner or later the price will go beyond the range, a true breakdown of the level will occur, and the market will move into a trend phase. The longer the market is in a flat, the more force the trend will follow after the price breaks out of the range. Any calm in the cryptocurrency market is replaced by explosive, and vice versa. We got acquainted with the theory and I think there is nothing complicated, you can see all the examples on the graphs above. Let's move on to the most important thing now: Flat is a killer of deposits, why? We have all heard or read on various forums that flat is the killer of deposits of trend traders. Actually, it is. If your trading system is showing outstanding results in a trending market, then as soon as the sideways movement begins, you can say goodbye to all the profits. Let's take a look at the place. The thing is that trend methods will give you signals to enter the market near support and resistance levels, and as soon as you open a buy deal, the price crashes into the level in just a couple of points, and after that a reversal begins. On average, the trading system will give 4 false signals, which will completely block the profits received when trading with the trend. Therefore, if you learn to identify a flat in the early stages of its formation, then the damage caused by it will be minimized, or even better, you will be able to use this state of the market to your advantage. How to define a flat? In order to correctly learn how to determine a flat, we must remember what it looks like. A sideways movement is a movement between two highs and lows, perhaps this will be enough. Let's look at the chart, try to identify any price fluctuation between the latest highs and lows. Shown below is an example: Red circles mark the first minimum and maximum. As we can see, the subsequent price movement is within the range of boundaries we have drawn. Next, we can see how the price breaks the lower level and a strong downward movement begins, but it is worth noting that the price made about 7 bounces from the levels before that, which we could use for profit. How to trade in the side market? The best strategy for trading sideways markets is the false breakout. It usually gives a powerful impetus for the price to move in the opposite direction. Market makers always collect stop losses of traders at levels to gain liquidity and then move in the opposite direction. This should always be taken into account when trading false breakouts. You can set take profit and exit the trade on the other side of the trading range. I often mention this in my signals that MM collects stops and turns the asset in the other direction, this happens most often on strong
Education
by DanilBlinkov
🔥Almost 1 month after the MERGE! WHY ETH DOESN'T PUMP?!Hi friends! Almost a month has passed since the Merge, and Ethereum still has not grown. What is the reason? What are my targets for Ethereum? ✅ As i mention in the last idea, the merge is like the Halving for BTC. A lot of retailers expect the HUGE pump with x10-100 profit. But in the real life it doesn't work. ✅ If a lot of people expect something, it has lower chance to happen. Take a look on BTC after the Halving. Usually BTC start to consolidate for 2-3 month or DUMP for 20-30% after this. The same happen now. It's force weak hodlers to sell their ETH and it's good for the future growth. ✅ My recommendation is to be prepared for strong price movements in the near future. 📊 Preconditions to open a long: 🔥 squeeze to the trendline 🔥 bullish BTC pull the altcoins to the new highs and it`s highly expected. At least local pump to $25-32k 🔥 whales orders to buy on DOM and Footprint scalping tools. They help me to identify the big g uys and open a trade with them 🚩 According to second scenario that shown on the chart, the volumes should grow if the liquidity collection will happen. Pay your attention to this scenario too. 📊 The targets for the long: 1. $1540-1650 - the closest value area 2. $2030 - the key level, vale 🔥 Usually, I recommend you to book at least 50% of profit but according to the fundamental expectations, you can hold this long trade a little bit longer. Especially, if BTC become local bull market. 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade
Education
by Yuriy_Bishko
7
🔥THE VOLUME PROFILE: HOW TO IDENTIFY THE BOTTOM ON BTC?Hi friends! Today i explain you the method that gives you another confirmation that the bottom of BTC is already reached. You will be well prepared for the next BTC bullrun using this method. 📊 What is volume profile? Volume profile is the indicator that show us how many trades (volume) were made at some price. If the common volume indicator show us how many trades were made through the time, the volume profile show us how many trades were made at some price (10-12k, 58-60k etc.). It help to identify the largest support and resistance areas, as well as liquidity gaps where the price PUMP/DUMP🔥 the most. Here is the educational idea with detailed explanation and instruction to the volume profile! 📊 How to identify the bottom of Bitcoin using Volume Profile? This is what we need: 1. volume profile from the ATH to the bottom 2. point of control or POC Point of control or POC is the area where the most trades were made. We marked it as the yellow line at the volume profile. 3. BTC dump for >-50% If the price fell by 50% from the place where the most margin trades on Bitcoins were opened, it means that most marginal traders even with x1 leverage were liquidated. 🚩 Traders with x10 leverage were liquidated at a 10% drop, with x20 leverage were liquidated at a 5% drop. ✅ As you can see it was in 2015, 2018 and it`s happening now. After the 4-6 months consolidations (yellow areas) the small bullruns begin. Will it happen this time? Write your thoughts in the comments. 📊 Why are liquidations important for the growth of crypto? This way the market becomes "healthier" and is cleared of weak hands. At this time, whales can accumulate a large position in Bitcoin or in another crypto. Liquidity at the bottom allows you to buy 10,000-20,000 Bitcoins. For example, over the past week, 60,000 Bitcoins were withdrawn from exchanges. 🏁 How to open the Volume profile? 1. Look at the left side tools in the TradingView chart 2. Choose the "Prediction and Measurment Tools" 3. Tap on "Fixed range Volume Profile" That's it. ✅ Traders, every strategy has it's win rate. This one have the 100% win rate. If some patterns work very good for the couple of cycles, it can be changed with the times and market sentiment. So be carefully. Now the world economy has a not the best market conditions, but we get a lot of positive signals. Take a look at the Greenwhich indicator which also already confirm the bottom. Previously it help to sell BTC at 60-63k! 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade
Education
by Yuriy_Bishko
12
Need something to learn? ✅Hello, Let's stop reading the charts for a while and instead learn how to read them. There are many indicators and strategies which we can use to get better readings and understand the market better. Under this post, please leave comments and tell us which indicators or strategies you want to know about more. Which ones are more helpful? Which ones aren't accurate at all? Let us know the title, and we will publish an educational idea about it. Thank you.
Editors' picks
Education
by ShawnMCR
60
For beginners| Avoid losses and save your trading capitalHello everyone, today I decided to share with you another educational idea, today talk about how to avoid losses and save your trading deposit. Have you ever heard the saying “if you don’t spend, it’s the same as what you earn”? In other words, you need to strive to save your money. And it's hard to argue with that. However, this idea goes far beyond your savings account at the bank. It can also be applied to how you manage your trading account. The idea of ​​"did not spend - it's the same as earned" can be expressed in the words "did not receive a loss - it means that I made a profit." While it refers to a minimalist approach to trading, it also highlights the importance of avoiding losses. Non-standard approach Guys, I will give you two simple examples for a general understanding! If I asked you why you became a trader, most likely you would answer: “I started trading to make money” or even “I would like to get rich through trading.” Most likely, you will not answer this question in the following way: "I started trading so as not to lose my money" or "I started trading on the stock exchange so as not to become poor." Feel the difference? Both last answers may sound a bit ridiculous. However, in my opinion they are much more appropriate than the first. Don't get me wrong, wanting to be rich is normal. If you want to make a lot of money, that's great. But if this is your only goal in trading, then you are doomed to failure. The reason is simple. When you open a new trade, you focus on how much money this position will add to your account. It's human psychology to think about the reward, not the risk. However, this is a completely wrong approach. If you want to stay in trading for a long time, first of all you must understand how much you will lose if the market goes against you. A defensive mindset will not only help you stay out of trouble, but will ultimately help you increase your trading account size. The numbers don't lie The best way to demonstrate the negative consequences of losing trades is to illustrate it. The chart below shows the percentage of profit required to compensate for trading losses. As you can see from the chart above, if your drawdown is 50%, you will need to make a 100% profit to return to your initial deposit size. Moreover, if you really intend to get out of the drawdown, this can only be done in a consistent and safe way. Simply throwing money into the market in the hope of making up for your recent losses will quickly drive you into an even deeper hole. Any trader who has increased their risk in the hope of recouping recent losses knows this to be true. A deep drawdown is always very dangerous for your trading account. That's why I practice the "less is more" approach. I also believe that the absence of a position is already a position. Consider the words of Bill Lipschutz: If traders stayed out of the market even for 50 percent of the time they trade, they would earn a lot more. emotional side Another problem that is associated with losses is emotional damage. Constant losses can make you start to doubt yourself and your abilities as a trader. If you have been trading for a while, you know that trading psychology is the key to profitable trading. You may have the best strategy in the world, but without emotional resilience, you are doomed to fail. This brings us to a universal truth - the best way to protect your psychological health as a trader is to avoid unnecessary losses. This is an incredibly obvious statement, yet it is often overlooked. How can losses be avoided? Now that you know how devastating trading losses can be, you're probably wondering how you can avoid them. However, to begin with, you must understand that losses are a necessary part of your trading. You cannot trade in the financial market without loss. However, they should not be viewed as something bad. Instead, treat losses as a necessary learning experience, not a black mark on your ability as a trader. Think of them as business expenses that are a necessary part of your chosen trading strategy. Here are some easy ways to cut potential losses. Trade on the daily timeframe If you're serious about price action trading, the daily time frame should remain your go-to. Many traders find that lower timeframes provide more trading setups and therefore offer the opportunity to make money faster. However, this is misleading. Quantity does not mean quality. The daily chart will not only provide clearer trading ideas, but will also help you be more selective about
Education
by DanilBlinkov
1
📊How to use BTC reversal to open 1:20RR trades❓Hi friends! Today i`ll show you the new NEW Bitcoin pattern which appear 1-2 years ago. You will see how it works and be able to use this pattern in your trading. It seems that you will need this knowledge soon, so read to the end and write comments if it was useful for you. As we can see on the chart this pattern appear when the clear trend is come to an end and some consolidation starts. ✅ When bulls or bears start to lose their strength and liquidity collection starts to more and more often. 📊 What is the liquidity collection❓ Liquidity collection is a deliberate manipulation of whales (big players) when they push the price above or below local highs/lows in order to trap the traders who open the trades on the breakout of these levels (high or low) with limit pending orders. Liquidity collection can be either a "spike" or a false breakout of the key level. ✅ The examples of liquidity collection: 🔥 $62 000, 14 Apr 21 - short 🔥 $30 000, 21 Jul 21 - long 🔥 $67 000, 9 Nov 21 - short 🔥 $17 600, ??? 22, long 🚩 A lot of local examples on lower timeframes, but i showed you only most clear of them. 📊 How to open a trade and get a max profit? Look at the examples on the chart. 1️⃣ You need to identify local highs or lows and wait for a false breakout. 2️⃣ Open the trade after the price closes above the level (if long) or below the level (if short) and place a short stop loss above or below this key level. 3️⃣ Close a trade with 1:20-40RR. 🚩 Sometimes you can get 2-3 sl but in 1 trade you can make 2-3x and cover all loses. ✅ Now the BTC close to it`s local lows and liquidity collection below the $17 500 key level is highly expected. For example because of today FED meeting. 📊 On what timeframes can you use this pattern? You can use this pattern on larger (1h-1d) and smaller (5-60m) timeframes. For example, you don't need to wait long for local highs or lows to use this liquidity collection. I use the liquidity collection for scalping on smaller timeframes (5-60 min). Also, use it for the swings on 1-4h. So you can also earn using this pattern on different timeframes. 🚩 DOM and Footprint are the tools that helps me to identify the big BUY and SELL limit orders of the whales. Especially it helps to open a profitable trade on such false breakouts, when i see the huge limit wall above or below the key levels. 🔥Traders, is this idea was usefull for you? Write in the comments! 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Education
by Yuriy_Bishko
1
🔥Why does a bear market make traders rich?🔥 Why does a bear market make traders rich? The answer is very simple. All really rich people can buy any asset at a big discount. In crypto this discount can be up to 80% and sometimes more than 95%. 📊 But why is it a bear market and not a bull market that makes traders rich? A bull market helps active traders (scalpers, swing traders) a lot, especially to quickly build up their capita l if they are trade follow the trend. Also, it`s a good time to study trade and when the real bull market return you will be highly prepared to this! 🚩 While the market is out of trend and certainty, the biggest upside potential for cryptocurrency is at the end of a bear market, as it was in: 2017, 2019, 2020 and possibly now in 2022. Never can crypto give more profit than the one bought at the end of a bull market. For example, Bitcoin at $3200, which rose to $69,000. That's 20x to your deposit. And you just need to buy close to the bottom (green areas). 📊 Which strategy should I use to buy crypto? The best strategy for that is DCA. This strategy helps to get an average buy price over a certain period. That way you won't make the maximum profit, but you won't incur huge drawdown when buying crypto. In the following tutorials I will tell you about the DCA and the advanced DCA used by professionals to buy crypto on the spot. 🔥Also you can check the Greendwhich indicator that help to BUY crypto at the bottom and sell close to the HIGHS. The additional module helps to increase the number of crypto during the bull market growth. ✅ My recommendation is not to buy more than 30% of altcoins on spot because 95% of them will disappear forever after a bear market. ✅ I suggest focusing on buying Bitcoin and the biggest altcoin Ethereum. They should be the biggest part of your portfolio if you want to buy cryptocurrency on spot (long term). 🚩 Write the comments, if you have a question about this topic. Do you agree with this idea or have smonething to add about the highest possible profit? 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
BITSTAMP:BTCUSDEducation
by Yuriy_Bishko
3
What is liquidity gap? Why there is always pump?🚀 When the bull market start with a good news? It`s always bad news at the beginning of the uptrend: in 2015, 2019, 2020. Always the same situation. And now we a here in 2022 and bad news at the bottom of the market. Push 🚀 if it looks similar to other cycles. In this idea i explain you what is liquidity gap and global situation on BTC. You can identify it using the Volume Profile which is default tool at TradingView. 📊Liquidity gap is an area where the price not stay for the long time and don`t create any levels or order flows. So as you understand there are areas without any liquidity where the traders can set a sl or tp. We can compare it with empty space where is no life or it`s really rare thing. The price break this areas so easy because there are no liquidity and the price: 🔥 have no support if it falls (as it was when BTC fall in a week from $29k to 17k few month ago) 🔥 have no resistance if it growth (as it was at any bull market when the price nreak the ATH and scyrocketing) Now the price of BTC consolidating below such liquidity gap of $24500-29500 and going to break it up after some accumulation. As a rule, the liquidity gap breaking with a pumps because nothing stop them inside this gaps. The top of this gap is a bottom of a huge consolidation channel $29500-69000, so the price can make a pullback after $29500 test. In final, price break this level and continue it`s growth to the previous ATH. Thanks in large part to consolidation at the bottom, where the bulls were able to accumulate enough Bitcoins and are ready to sell them higher and higher. Consolidation is always good for the bulls especially for the biggest one 🐳 📊Why are these white circles marked? It's a bonus for my subscribers. Remember that before the very PUMP you will think everything will fall to zero, and many analysts on the trading view will say that the price has created a bear flag or a wedge etc. At that point, you may be disappointed and afraid to open a trade or sell all your crypto, but that will only be an emotion you should not succumb to. Only if your strategy says so. Keep these words in mind. 🔥 I will open a trade if I will see the large whales orders on DOM and Footprint. These are usually the most profitable trades with a short stop loss and excellent risk to reward. 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Education
by Yuriy_Bishko
2
What is an altseason❓What altcoins to BUY❓Altseason is a time when you can increase your deposit by several times in just a couple of weeks. But how to identify why and when the altseason starts, what is domination and what altcoins to buy? We will talk about that in this educational idea. 📊 What is an altseason? Altseason is a period in the cryptocurrency market when altcoins grow by 50-100% or more in a few weeks. 📊 When does the altseason start? Typically, the altseason happens when Bitcoin: 🔥 is in consolidation, i.e. trades in the same price range for a long time or 1-1,5 month after it 🔥 renewed it`s ATH ($20k in 2017, $69k in 2021, etc.) 🔥 starts it`s correction close to ATH or when BTC has already reached its new all-time highs before bear market 🚩 In this example I have compared Bitcoin and Ethereum. Ethereum is the largest and most famous altcoin. If you want to understand what will happen with altcoins, look at Ethereum. On the chart you can see the altseasons and how much more percent Ethereum is growing than Bitcoin: 1️⃣ BTC +32% vs ETH +136% 2️⃣ BTC +40% vs ETH +70% 3️⃣ BTC -15% vs ETH +170% for the same period 🚩 There are the altseasons. 📊 Why should you pay attention to Bitcoin and Ethereum? 99% of altcoins follow Bitcoin. When Bitcoin is in a bear market, all altcoins fall except the popular ones at the time. For example, like GMT in its day. When Bitcoin is rising, all altcoins are rising. When Ethereum rises in pair with Bitcoin (ETH/BTC), all other altcoins rise. This is especially common when Bitcoin begins its first correction after reaching its all-time highs and a bear market begins. 📊 Why does an altseason happen? The main reason for an altseason is the outflow of money from Bitcoin and its flow into altcoins. The second reason is the desire to make as much money as possible. Especially this huge desire has retail traders and newcomers who have just come on the highs of the crypto market. They sell their Bitcoins and use the money to buy altcoins, which grow by 100% or more in a few weeks. 🚩 Of course, Bitcoin has a much larger capitalisation and cannot grow that fast, but altcoins with a capitalisation of up to 1 billion grow very quickly. ✅ As a consequence, Bitcoin's Domination falls. Dominance is a measure that shows the ratio of the worth of all Bitcoins to the total worth of the crypto market (the capitalisation of the entire crypto market). If Bitcoin Dominance is 40%, it means that 60% of the remaining money is in altcoins. A rise in Dominance to 50% means that Bitcoin has equalised in value to all other altcoins combined. Many people think that Domination helps determine the altcoin season, but this index only shows the fact✅of the flow and predicting that money from Bitcoin will start flowing into altcoins at a certain point using Domination is quite difficult. 📊 What altcoins to buy before the alt season has started? Friends, how to predict that AXS will grow by 130x or meme lord Elon Musk will start pamping exactly meme coins? It's almost like a lottery, that's why I recommend you to choose altcoins from different categories and buy them in equal parts: DeFi, Game-Fi, Exchange and wallet tokens etc. Equal capital allocation will ensure that you don't miss out on any kind of altcoin growth. From practice, this is the most correct way. And what ways to buy altcoins do you know? Share in the comments. 🔥 Most likely, the next BIG altseason will start after Bitcoin renews its all-time highs. In the current market situation, that could happen within 6-12 months. Traders, was this article about the altseason useful to you? Write your opinion in the comments. 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Education
by Yuriy_Bishko
5
Rare PUMP pattern. Look for a "Base" on BTC🚀Every trader want to catch the pumps because only in this situation you can get the highest RR. In this educational idea we will talk about pattern which help you to identify upcoming pumps. It`s a base pattern. "Base" is consolidation pattern which is forming at the market bottom and a part of famous cup and handle pattern. "Base" is acually a copy of cup and it`s lead to PUMP✅when the price break up this pattern. 📊 Why base is important for the long traders❓ Because there is a lot of whales have enough liquidity to accumulate their position. The big volume bars at the bottom are also confirmed that whales buy ADA at the "dip"! 📊 Why the formation of the base leads to PUMP❓ As i said the base is the consolidation pattern where the big players can accumulate enough✅liquidity from scared retail traders. 🔥In the most cases the base forming at the market bottom when the biggest part of traders think that crypto continue to DUMP and sell their crypto at loss or at breakeven. But who buys this huge amount of crypto? Of course this is someone who don`t scare - the big players. 🔥Additionally, the price "compresses like a spring" in consolidation range and when the crypto break up the base the "spring uncompresses" and PUMP begin. 📊 What indicator helps to identify the base and upcoming PUMPS❓ This is a basic volume indicator. The volume growth helps you to identify the bottom. A lot of crypto sells by retail traders and the volume bars grows. 📊 What timeframes should you use to have beggiest winrate (80-90%)❓ The higher the timeframe the better, especially for beginners: 1️⃣ 4h 2️⃣ 1d 3️⃣ 1w 🚩 You need to have experience and complete scalping studying to identify PUMPS at lower timeframes (5m, 15m, 1h). Look for the "base" on the higher timeframes then move to lower timeframes to have clear understanding of this pattern and find the best entry point. I use the trandline breakout to open a long before the pump. Maybe, you will share your tools to open a long before a pump? 🚩 Traders, do we have the base on BTC now❓ Are retail traders scared and think that BTC will fall lower? Let`s discuss it in the comment! 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Education
by Yuriy_Bishko
30
Explanation | the US Federal Reserve conference is of great impoAt the Jackson Hole conference, financial markets will keenly watch if US Fed chair Jerome Powell mentions the word taper in his speech and whether US Treasury Secretary Janet Yellen has anything to say on the interlinkages between fiscal and monetary policy The financial media and markets will be buzzing for the next few weeks over the Jackson Hole conference. It is an important economics conference hosted by the Kansas City Fed, one of the 12 regional Federal Reserves created by the United States government. There is a history of important policy decisions unveiled at the Jackson Hole conference with implications for world markets. Here’s a lowdown. What is the Jackson Hole? In 1978, Kansas City Fed started organising an economics conference, and in 1982 moved the conference location to a valley named Jackson Hole (JH) in the Wyoming state. The annual conference has been held in the last days of August for quite some time now. What is the history behind it? Jackson Hole started as any other economics conference. The first four conferences were on agriculture, given the importance of the sector in this part of the US. In 1982, it organised the first conference on the monetary policy theme titled ‘Monetary Policy Issues in the 1980s’. The 1982 conference was attended by then Federal Reserve Chair Paul Volcker, which set a precedent of sorts as most subsequent conferences were attended by the Fed chairpersons/senior officials. In 1982, the conference was attended by eminent macroeconomists and monetary policy scholars such as James Tobin (Nobel Prize in 1985), John Taylor (of Taylor Rule), William Poole (who became head of San Francisco Fed later), and so on. In 1989, then Fed chair Alan Greenspan also made a speech at the conference. This added to its aura as now it was not just about the attendance of the US Fed chair but also about the remarks/speeches at the conference. As linkages between monetary policy and financial markets deepened post-1990s, market participants started tracking the Fed chair’s remarks to figure the direction of the monetary policy. Since 1982, the conference has been held 41 times including the 2021 edition. The theme has usually been around macroeconomics, monetary policy, long-term growth and policy, including the 2021 theme on ‘Macroeconomic Policy in an Uneven Economy’. In 1990, the conference on ‘Monetary Policy Issues in the 1990's’ had representations from the erstwhile USSR, Czechoslovakia and Yugoslavia, and Bulgaria. Gradually, the forum was attended by governors and central bankers from major advanced economies in Europe and Asia. This led to the financial markets in these respective economies tracking speeches and remarks from both global central bankers and representatives of their country’s central banks. What makes Jackson Hole so special? In many cases, it sets the agenda for monetary policy and shaped star economists. The 1996 edition raised the importance of price stability. The 1999 edition highlighted the interaction of monetary policy with asset markets. The 2005 edition was a swansong for Greenspan where his policies were praised only to be tarnished during the 2008 crisis. The 2007 edition focused on housing and monetary policy where chair Ben Bernanke expressed confidence that the subprime housing markets are unlikely to lead to a crisis only to be proven wrong a year later. The 2008 crisis led to increased attention on financial stability which was the theme in both the 2008 and 2009 editions. In recent years as monetary policy has struggled to elevate inflation to the 2 percent target (for the US), there have been discussions on unconventional monetary policy (2013), designing resilient monetary policy frameworks (2016), monetary policy challenges in the next decade (both 2010 and 2020). In 2020, Fed chair Jerome Powell released a new monetary policy framework named Average Inflation targeting which has become a major discussion point amidst the central banking research community. The conference even catapulted the careers of economists. The name that comes to mind is that of Raghuram Rajan who had questioned the financial market developments in the Greenspan swansong edition in 2005. Rajan was dubbed a ‘luddite’ then but had the last laugh as the 2008 financial crisis engulfed the world economy. What should we expect from the 2021 edition? The theme of the 2021 conference is ‘Macroeconomic Policy in an Uneven Economy’. The global economy has been highly uneven due to the pandemic shock with rising inflation amidst stagnant growth prospects. Conference watchers will keenly follow this edition as it is expected to be attended by US Treasury Secretary Janet Yellen, and Powell. This is rare as usually, the treasury secretaries do not attend the conference. Yellen is no stranger to Jackson Hole as she was the chairperson before Powell, and has been a chief speaker at the conference. If both attend and speak, it will be interesting as both the guardians of fiscal policy (Treasury) and monetary policy (Federal Reserve) will get together to provide solutions to the uneven economy. They have to answer some big questions facing the US economy which will also impact the world economy. The foremost question is whether the fiscal and monetary stimulus will continue to remain in the US economy, and for how long. The financial markets in emerging markets will see if Powell mentions the word taper in his speech and whether Yellen has anything to say on the interlinkages between fiscal and monetary policy.
Education
by DanilBlinkov
1
Follow the eye - detailsIn the chart there are 2 Median Lines, 1 Fan (Dr . Alan H. Andrews style) a trendline - and... a smiling dog 'cause it's Fun! Now the Median Line per 1.2.3. been shared for the first time here The Upper Parallel Median line test is where the Blu arrow is and it shows a dynamic resistance level that worked pretty well. Here is another update of the same pattern: Right now prices are close to the 50% lower inside Parallel Median Line, first small green arrow in the chart. The 2 green arrows show 2 potentially relevant support zones. The second Median Line is the one per 1'.2.3. The prices tested the Center Line of this pattern (orange arrow). The second test been where the blu arrow is, and it's the 50% upside parallel of this Median Line (resistance). This Median line been shared for the first time here: and then here: but the most important been this one Considered the efficacy of these 2 Median Lines in the past we may have high probability to see these patterns working as good dynamic levels to check even in the future. The dynamic trendline offered extremely relevant Res. zone that been tested multiple times and may worth a check in the future. The first time we pointed out the potential efficacy of that trendline been here: The Fan using the Dr Alan H. Andrews settings could be used as dynamic support and resistance to check and the crosses of the fan with the trendlines generated form the Median Lines are called "energy points" and could be checked as price magnet levels as well as resistance or support and trend chaange detectors. Maybe U can use the levels in this chart to track the future price fluctuations. Hope you enjoy! (Too much hurry from me yesterday, have to say sorry to Nico the moderator.)
BITTREX:DOGEUSDEducation
by locatellicharts
3
When is the perfect time to participate in Launchpads?Hi friends! No, the best place is not BTC`s ATH but why a lot of hype around it exactly there? In this idea i will explain you where it`s better participate in ICO, IEO to get the profit during the bull run. Fewer of the most experienced make money in the market, and the majority always lose in the end. A common example is Doge millionaires who lose their money in a few days on a Bitcoin dump. Why it's worth it to participate in lanchpads at the beginning of the Bitcoin bull market: 1. all altcoins follow Bitcoin and will grow till BTC grow. Yes, Bitcoin outperforms alts in short terms at the beginning, but they make good profits during altseasons. Often there are 2-3 such altseasons. By the way, if you are interested to know how to determine the best place to buy altcoins - write me in the comments, I will make an educational idea for you. 2. If the lunchpad was unsuccessful and you get a loss, during the BTC bull market the price of alt return at least to you entry point . As long as the loss isn't fixed, it's not a loss, so you can wait for a return to the entry point and come out at break even or in profit. That way you will save your money because you bought alts at the beginning of bull market. For example, let's take the coins from the Binance Launchpad in 2020 when the bullmarket just begin: 1. WRX +9700% to its peak (ATH). At hte beginning you even can gea a loss. but after had amazing return. 2. SAND +11300% 3. AXS +112670% I don't think it's worth adding anything. Why are lunchpads almost no profitable at ATH: 1. a lot of hype around the new launchpads , people feel extreme greed. You know, that 90% of traders are not profitable. Majority will not earn because the majority can`t be the professionals. 2. after lunchpads at crypto market highs, altcoins don't grow so high. If you bought any altcoin when Bitcoin was $4-5 or $10k, you would have made more money than on popular lunchpads. This only works if you don't have a strategy for trading Bitcoin futures trading during a bull market, when you are increasing just the number of Bitcoins. Then you can make much more money than on altcoins. But if you prefer Altcoins, you can not only fail to earn, but also lose a lot of money, as most of traders, who bought crypto when Bitcoin was above 50-60 thousands, did. To give you an example, let's take the lunchpads on Binance for the then popular Game-Fi projects on ATH: 1. DAR - up 35% and down 91% 2. MBOX - after growing by 130%, it fell by 95%. Is this the kind of profit you want to make? The fairy tale about 100x is definitely not here. Summing up, it's better to take part in several Lunchpads at Bitcoin's "bottom" and get 1000% or at least break-even, than to participate at ATH and get a loss of 95%. It`s worth to say that only 1 out of 100 coins/crypto have a some value, another one made for collecting money from the crypto newbees. Our aim is to buy low and sell high. That`s all. Check the idea about when it`s better to come to a crypto market and crypto trading. This idea give you a clear understanding about why you are at the rights place now! I will explain you where is the best place to buy ALT`s in the next educational ideas! Cheers! 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Education
by Yuriy_Bishko
1
BTC: Real Life channel trading! 3 tips for beginners95% of beginners don't understand why patterns don't work as it shown in the books. That's why losses, stress, and worries appear. The point is that only practice and personal experience will help you understand how to use it correctly. I will give you a few secrets how to trade in the channel successfully: 1. after testing the borders of the channel, wait for a false breakout or liquidity collection. At point 3 and point 5, there was a large collection of liquidity, after which you can open a LONG. You can see the result by yourself (+28%). 2. Pay attention to the key levels and value zones - combine instruments. 2.1. At point 4 there is a large value zone of $46-47k, which became a resistance. Combined with the upper boundary of the channel, it was a strong resistance zone, which means price is sure to bounce off. We saw a 20% drop! 2.2. At point 5, there was a large value zone of $37.5-40k from which the price also bounced off. The lower boundary of the channel+value zone was a major support for price. Not bad? 3. The middle of the channel. On the chart, we can see that it is often tested as resistance/support. An additional opportunity to open a trade. Be crafty, use trading tools in combination with each other and you will notice results immediately. Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Education
by Yuriy_Bishko
20
Bitcoin: 2 trading tips for BEGGINERS!Bitcoin has been in a $30,000 to $67,000 global consolidation for more than a YEAR. You can see on the chart that Bitcoin was down -31%, -36%, -58%, -25%, -52%, -19%. If you use a leverage larger than x2, you could be liquidated multiple times! Do you want to increase your deposit? Use risk and money management! These are simple rules that help to calculate the risk of your position and the amount of money to buy CRYPTO. For example, Bitcoin price is $40k and you see a sqeeze under the trend line. Knowing that 60% (6/10) of the time such trend lines break UP, you can divide your capital into 10 parts and buy Bitcoin for 20% of your money with a target of +25% to $50k. That way, the chance of losing your money is minimal (-1-2%) and the profit will be +5% to capital. If you have $10,000, you will earn +$500 per trade. Not bad, don't you think? In addition, you can also use the short positions, it means to earn on the falls. To do this you: 1. have to understand the basics of trading 2. need to have a desire to study and earnr This is a short and basic description of risk and money management principles. Trading is easy, but knowing the basics is essential. If you still have questions how to use the RISK and MONEY management to increase your profitability - write in the comments or to the DM . Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. Always make your analysis before a trade.
Education
by Yuriy_Bishko
4
Is SHIB in the ACCUMULATION phase? Identifying the WHALES!Shiba Inu (SHIB) is one of the most popular project of 2021. After the accumulation phase, it rose by about 1000%! Now the token has dropped by 70% of its ATH and has been consolidating for about 2 months. Could this mean the beginning of a new growth phase? Accumulation phase is the purchase of cryptocurrency by BIG players to sell higher to the retail investor. There's not a lot of HYPE around this token right now. Retail traders who have lost 20-50% of their money are starting to sell out in a panic. At this time, the BIG players buy the available tokens from the market to sell higher to new traders who will come on the next HYPE. The same situation as it was in 2021! It is important to say that if Bitcoin starts its drop, then altcoins will drop too. Is this really the accumulation phase and we close to RENEW the ATH? We will only know after some time, but we already see the signs of accumulation phase on the chart. Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Education
by Yuriy_Bishko
10