1-BTC
Speculation on the currency that a few moves - pull up after the
Horizontal dish is more awkward trend, how to deal with is a problem. We see this is the 2 hours of the BTC, Paula because one liter brought enough to adjust the power, then sideways concussion became a lack of opportunities, in fact, many people make the mistake, tend to be in the entry, because the pull to rise rapidly, causing a lot of people can not afford time to response, prices have soared, the first response is often dry, afraid to go, so I want to say this is understandable, because most retail is a one-way trade, can only make money to do more, empty means losing the opportunity. But please note, everything has rules, the market also is such, if you feel a wave of rising will not adjust, can only make money, chase high consider high position, if it is a long-term get rid of, at the bottom of the rise in 20-30% May really is the admission opportunity, but for a short period, 10% May be the prices high, so you have to judge whether their entry position will have profit. The other way is to give up the first wave of profits and capture the second wave, which is the zigzag operation introduced by Paul yesterday. Then judging the second wave of low, there are generally several, back to the position of more than half, will be better trend, if the gold level, so better, in short, pull up the trend after the strength of the bull will represent the strength. As for the above figure, we can see that in the 2-hour figure, the trend of BTC is sideways fluctuation, so the timing of intervention is generally higher before the breakthrough, so the safety of doing more is better, of course, some people like radical, so you must be prepared for losses, set stop loss is very critical. The aggressive approach is to form a bullish trend in key support positions. For example, after the gold line is clearly supported, the macd shows a golden cross. In this case, you can try to enter the market, but you must set a stop loss to avoid uncontrollable losses after breaking.
BTC, Volume tell u everything!!!human nature, they don't want to lose when trading.
we can analyze when they trade from volume. large volumes indicate mass transactions. we can use large volumes in the price range as support or resistance.
strong volume is more accurate in a full body candle not in the form of a doji. bullish volume as support otherwise bearish volume as resistance.
BTC Bull Flag - What to look for nextA look at some recent BTC impulse moves higher and subsequent price movement. I prefer bull flags that drift lower on lighter volume and then push higher on increased volume. However, ultimately the breakout volume and follow-through move is what's important. Box A is yesterday's move showing an ideal pullback level. Box B is the Dec 17th move which turned into a good multi-day run. Notice the volume. Box C is the failed breakout attempt in early January. How will this latest one turn out is yet to be seen but so far the volume signature is positive. Sitting tight for a another day will help cool off the technicals and let the EMAs catch up. After that, we'll want to see some volume on a push above 3700 and see prices hold above that level.
#bitcoin when to buy made easy. Not advice. D.Y.O.R.First thing you need is my custom MACD (6, 13, close, 31). Then just use signal line. Mark all first days up from a bottom with light blue vertical. Then set up RSI use default. Have marked with purple vertical when big drop in price touches lower green horizontal level. Only one allowed (I guess) between two light blue verticals. Once you done I looked for two fractals, the last being a lower low and boxed in orange. I then took the first light blue vertical after that, and the high of that day was the significant resistance to break with a close above it. Simple but deadly. Watch out for whipsaw. Not advice. DYOR.
Bitcoin Aims At $4350+ With Highest Volume Since Dec.Bitcoin finally decided which way to go, and that's the way of the bulls.
Please allow me to entertain you for a few minutes and let's look at some of the signals coming from the charts:
1) A strong green candle broke through EMA10, the main resistance to break to change from bear to bullish potential, supported by big volume.
2) Today Bitcoin is seeing its highest volume since December when it had its last bullish wave.
If this momentum is to be maintained by buyers, I expect Bitcoin to go as far high as its last peak, which sits at $4384.
3) The next challenge to break is EMA50 (magenta line), which held Bitcoins price on the way up.
Additional bullish action is expected.
Conditions for change: If BTCUSD price moves down and closes below EMA10. The above signals are invalidated and a new analysis is needed. Bitcoin would be back trending bearish-sideways if this scenario plays out.
What's your take on Bitcoin's next move?
Let us know in the comments section below... And before you go, let me share a message for your entertainment and fun.
GROWING LIGHT
Growing with light, within light is what we all are.
Growing in this life with light, as we experience our own great intelligence and might.
Growing light...
Growing in this life full of light.
Namaste.
DIAMOND BOTTOM REVERSAL PATTERNDiamond Bottom is considered a bullish signal indicating a possible reversal of the current downtrend
to a new uptrend.
Diamond patterns usually form over several months in very active markets. Volume remains high during
the formation of this pattern.
The Diamond Bottom pattern occurs because prices create higher highs and lower lows in a broadening
pattern. Then the trading range gradually narrows after the highs peak and the lows start trending
upward. The Technical Event occurs when prices break upward out of the diamond formation.
The inbound trend is an important characteristic of the pattern. A shallow inbound trend may indicate a
period of consolidation before the price move indicated by the pattern begins. Look for an inbound
trend that is longer than the duration of the pattern. A good rule of thumb is that the inbound trend
should be at least 2 times the duration of the pattern.
Target: measure the distance between B and C point,if the distance is 73% after breakout from D point the target will be +73% potentially profit
Hit the LIKE button if you want more educative charts,
Symmetrical triangle in Bitcoin chart, decision moment! BTCUSD We see a new decision moment is building up in the charts, the symmetrical triangle.
In the coming days we will see a bigger move. Up or down. Keep an eye on it!
Volume is decreasing so in my opinion we'll see a movement down.
That green part is a major support.
Thanks for reading and don't forget to leave a like!
BTCUSD in the Bitmain Board Bomb: Bitcoin Bulls BatteredBitmain Board Bomb
this is Speculation Utter not Accusation.
this is Disclaimer Replete any Assertion.
this is Analysis of Events as Causation.
Nothing More.
Bitmain was Born with Bitcoin, it thrived in the Bubble.
Bitmain has Lost much Money, it conspired in some Rubble.
Bitmain has Lost its very Head, it has acquired Trouble.
the Board is moving People and Powers.
the Board is closing Mines and Miners.
the Board is losing Faith and Followers.
it was to be the Apple of all Crypto.
it was to be the I P O of the Decade.
it was to be the King of all Kings.
Jihan was the Man, the man with the Plan.
Jihan met Ver, other man with other Plan.
Jihan bet BCH, other coin with new Plan.
Jihan lost his Job, Ver lost his Bet.
now they say Bitmain has much Debt.
now they say Bitmain cant pay Bills.
now they say Bitmain might not IPO.
the Bomb was surely Inevitable.
the Bomb hit during Unstable.
the Bomb will be Memorable.
so some Investors pulled their Fare.
so some Traders pulled their Hair.
so some Brokers pulled their Tear.
the News made the Impulse.
the Splash made the Ripples.
the Time made the Waves.
we can see the 123 and 4
we can expect soon the 5
we have a Last Line of Hope.
but we need a New Reason for Return.
cuz we know Those Bulls cant Return.
thus we wait the Return of the King.
Long Live the King
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Ordered Chaos
every Move is born with an Impulse, like a Pebble into water.
every Pebble bears its own Ripples, guided by a Golden Ratio.
every Ripple behaves like the one previous, setting the Pulse.
each Line adds to Gravity.
each Line must be Tested.
each Line has some Aspect.
2 line conjunction is Dependable.
3 line conjunction is Respectable.
4 line conjunction is Worshipable.
every Asset Class behaves this way.
every Time Frame shows these ripples.
every Brain Chord vibrates the same.
He who Understands will be Humble.
He who Embraces will observe Order.
He who Ignores will behold only Chaos.
Ordered Chaos
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.
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want to Learn a little More?
can you Spend a few Minutes?
click the Links under Related.
#bitcoin the VIX set to make or break bulls maybe here's whyMy first go using VIX the fear index as bitcoin thrives on fear. The key is the Williams Fractal. For each confirmed fractal top I marked with a red vertical if the VIX went negative, and green the reverse. I then looked for support and resistance patterns. White horizontals are my current levels of interest in this first study. NOT ADVICE DYOR
Here is the study in reverse doing it with fractal lows
Head and shoulders patternA 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 technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
A head and shoulders pattern is comprised of three component parts:
After long bullish trends, the price rises to a peak and subsequently declines to form a trough.
The price rises again to form a second high substantially above the initial peak and declines again.
The price rises a third time, but only to the level of the first peak, before declining once more.
The first and third peaks are shoulders, and the second peak forms the head. The line connecting the first and second troughs is called the neckline.This neckline also is a support line of this pattern,when will breakdown we will have a short swing trade oportunity
Would You Like to Get Financial Independence From Trading?Let's make this post for discussion and sharing your ideas, thoughts, and experience if you have, how to get financial independence from trading. Please, be active and take part in the discussion.
Several days ago I posted polls in my social media to see, what do you think about financial independence. The main question was: "Would you like to get financial independence from trading?" with two options "YES" and "NO". And I was a little bit surprised by results.
One audience replied like this:
87% - YES
13% - NO
Another audience replied like this:
84% - YES
16% - NO
So, I was surprised by 13% and 16% numbers. From my point of view, financial independence = Freedom. You can do what you want, spend your time as you want and be independent. You want to spend more time with your family - you can do this having financial independence! You want to travel - you can do it! You want to focus on your hobby - why not!
Trading in the financial market allows to get financial independence much faster and with fewer efforts if compare it with real business - mainly.
I respect all opinions, and if you think that you don't want to get financial independence, I will be very interested in understanding your position. Why don't you need this?
Let's discuss it and also let's consider what do you need to do for reaching financial independence from your point of view. Please, share your ideas in comments!
#bitcoin significant trend line established key support maybeUsing studies of Wiliams Fractal and my custom MACD (6,13, Close, 31) colour marking moves of all its constituents for clues. Not Advice. DYOR.
Biggest threat to bitcoin in January could be e.g. "CBOE Ten Year Treasury Note Yield" (TNX) complex. Big moves have affected bitcoin at significant junctures in the past. If its volatility can be contained sufficiently that would be great maybe.
The Gann Fan- A super simple guideThe Gann fan can be a powerful tool, here is a super simple introduction on how to use it.
Use the angle tool to draw a 45 degree angle, ideally from a local low to a local top or visa versa, go to your chart settings and lock the price/bar ratio so that when you zoom in and out the aspect ratio stays the same and so to does the 45 degree angle. Draw the GANN fan down from the the two points connected by the 45 degree angle...study how the price action interacts with each diaganol, enjoy.