Tutorial how to catch a signal $ftm as an example.When all indicators give buy signals together so this could mean a great pump or at least a good percent.
this is a sample of how all indicators give the signals together one by one.
the take profit action should once get sell signal from two signals at least or once you see that you got a good profit and you want to close the deal.
we use a 1H timeframe for our indicators.
thank you for reading.
Altcoins
Fantom (FTM) Continues To Grow... (Results Inside)We got Fantom (FTMBTC) since early and we also have the full trade, shared below, with over 66% of profits...
What will happen next?
First, here is the full trade signal shared back on April 12:
What we do now is that we sell a portion at each target to secure/collect profits.
We do not buy when the prices/trade is already moving (FOMO), you can do so if you know what you are doing, we only buy when prices are low/red/trading near support.
Once the action starts, we wait patiently and collect profits on the way up.
Keeping it simple... Buy low, sell high.
Once you hit bottom, the only place left to go is up.
This is not financial advice.
Thanks a lot for your support.
Previous chart | Jun 2
Namaste.
How Momentum In Markets Effect Price PredictabilityWithout algo-assisted buy/sell signal trading tools, you have a few difficult choices...
You either trade far less often, based on longer term swing trades, with an emphasis on accumulation... or you develop the skill of a professional trader and keep an eye on the markets for short-term timeframe opportunities.
Most people getting into the markets, especially the crypto market, trade with the skill of a long-term swing trader, but do so using short-term timeframes for entry/exits.
And that's how they continue to get their dreams of financial success decapitated by the more sophisticated market makers.
After learning candle stick formations... and after learning the basic indicators of MACD, Ichimoku Cloud, RSI... and support/resistance levels and trendlines... the next skill level is to appreciate momentum. No, not the 'momentum indicator' per se, but an appreciation for how momentum has to be clearly on your side at higher time-frames, before exit and entry positions can be taken seriously.
Only yesterday we published a chart on the 2 day time frame for LINKUSD that was a SELL, where as another trader published a chart on a 12 hour time frame for LINKUSD that was a BUY.
The market cratered soon after and his chart looks like one of those memes of despair.
The very simple difference, we believe, is that we checked the higher time frames for overall market momentum, where as he apparently did not. It's a more common mistake than you might think. And an easy one to fix.
Remember, long-time frames trump short-time frames.
Why?
Because of momentum.
Imagine an oil tanker in the ocean (representing high time frame). It takes time to turn but it does so with power.
Imagine a tiny little speed boat (representing short time frame). It can change direction in the blink of an eye, and it does so with light agility.
Imagine a jet ski (representing a 15 minute chart). It may be fun and you get to see a lot of action, but there is zero reliability of where that thing is going from one minute to the next.
Which of those 3 types of boat would you place your bets on for the direction and position it may be in, in the near future?
Easier to predict the oil tanker direction and location right?
Same with higher time frame charts.
Once you establish your view of market momentum based on higher time frames, then you can drop down into lower time frames to get a better sense of the short-term direction, looking for various styles of trading opportunity, such as entry/exit for swing trading, or scalp opportunities with clear Take Profit targets.
Happy trading.
Team Sparkster for SparksterSignals
distric0x Chart Mapped by RequestBy the request of one of our followers, here we have the distric0x (DNTBTC) chart.
There are always multiple scenarios that can play out at any time, it is hard to guess/predict exactly when or where each candle will close.
Instead of trying to predict exactly when or where the price/value of a pair will be, I rather and try and predict the levels where the candles will turn (change of trend) and ride the whole wave.
Here DNTBTC is switching from bearish (dropping) to bullish (rising) which is exactly what we want.
If we can find the next resistance levels and also the support, we can know when the trend will potentially change.
After a support/resistance level is conquered, we can consider the change 'confirmed'.
Here DNTBTC broke below support just to quickly bounce back up.
Above support (blue square) we remain bullish and aiming higher.
If prices break below support, this is a signal that there can be more red.
If by any chance you are trading, it is wise to close the trade and try again on the next wave.
It looks like DNTBTC will need to consolidate longer before printing really strong growth.
If prices remain above MA200, it can continue straight up... I think a retrace is more likely before the next jump.
Thanks a lot for your continued support.
Namaste.
Altcoin Market looks very interestingIf we confirm the fractal , we might a huge increase of the market cap in the coming years.
The date range has been increased 1,7 times beetween the first and second bearish cycles. Therefore,if we increase 1,7 times the last first bullish cycle we will get 1242 days for the next second bullish cycle. It means that if we start the next bullish cycle in the next weeks , we would expect to end it in december 2023.
Also a bullish cross on the monthly MACD is coming...
Finally if we draw a rainbow price chart, the altcoinns market cap could reach maybe 25-30 trillions in decemember of 2023. That would be crazy :P
Disclaimer: This is not an investment advice
Enigma- "Cup Pattern" Explained, Chart Signals, Bull Market NextEverybody is always talking about the "Cup & Handle" pattern... But what about the cup without the handle?
When you see this "cup" pattern, this is mainly a bullish signal.
This pattern normally leads to one of two major outcomes, as follows:
1) Straight up. When the 'baseline' of the cup is broken, prices can go straight up.
2) Retrace then jump. To complete the "cup & handle" pattern, we also get a drop before the jump, this would basically complete the cup & handle pattern.
Now, please keep this in mind if you are trying to read your own charts, one signal isn't enough, it is better to have a combination of signals to support your bias.
On the chart above we also have the 'purple trendline' which has been conquered, you might want to wait a bit longer since prices can drop back down.
We look at a candle close for confirmation but waiting longer is always possible since sometimes the market/bots print fake moves. Meaning, prices can break above the trendline just to quickly fall back down.
What are the bullish signals for this chart?
Enigma (ENGBTC) Chart Signals by Alan Masters
Cup pattern
Strong MACD.
RSI above 50.
Above-average green volume on the breakout.
Prices trading above EMA10/50/100.
MA200 going flat...
These are just a few signals that I can catch quickly by looking at the screen but there is always more.
There are also countless indicators that can help you gain additional signals if you are not sure as to what is going on.
If by any chance you read a chart and you are not 100% sure, you can skip it and find another one... The market is always full of opportunities and something is always going up.
As you learn your charting... Make sure to be grateful for everything that you have, be grateful for the good and the bad, it might not be what we want but life has intelligence of its own.
If you trust...
This time around you will WIN BIG!
Practice patience.
Breath deeply...
Take your time before joining any trade.
Take your time to build a plan.
Take your time to study and practice.
Take your time to make your choice.
If one opportunity goes away, there will always be more.
We can take it easy, this is only the beginning... the Bull Market is yet to come.
Namaste.
Altcoins Strike Back - Never Underestimate the "Smart Money"Altcoins are dead, bla bla bla.
Yes, altcoins are dead, people who bought with debt and leverage at the peak of 2017/2018 bull market are most probably dead. But the smart money and whales are never dead. Ever.
Nothing is different between crypto and stock market. In fact, penny stocks have a lot of similarities with Crypto and Altcoins.
So, if you want to play the game, you better understand how the game are being played.
If not, just go back to work and climb the corporate ladder, you don't have any business in trading and investing in financial markets.
Look at this theta fuel tokens, 10x in 2 days. This is how the market works.
Deal with it.
P/S: I am only a messenger, if you dislike me, fuck off.
Status "V Bottom" Pattern | Signal ExplainedHere we have a "V Bottom" pattern for Status (SNTBTC), this can signal that a low is in and prices can resume or reverse up.
Here you can see prices breaking below MA200 (black line) to form the v bottom, and later moving back above this level.
I also marked the main strong support and resistance levels.
Feel free to hit LIKE for more.
Namaste.
Eidoo Going Bullish (Another Fake Breakdown)This is how I see Eidoo (EDOBTC) easily printing over 150% in growth.
First, EMA100 needs to be conquered.
The last low is a "fake breakdown". Meaning, prices only broke below support to hunt for stop-loss and remove weak hands.
We know this since we can see many altcoins breakdown just to quickly move back up with massive force and strength...
Daily, the charts can always change.
What seems bullish today, can change after a few candles close, that is why it is very important to build a plan/strategy before you decide to trade.
Yes, the chart is bullish, but what would you do if you buy-in and the price goes the other way?
Would you sell?
Will you hold?
By answering those questions, you will know what to do regardless of how the market moves.
----------------
This information is shared for learning and/or entertainment purposes only. This is not financial advice.
----------------
Thanks a lot for your support.
Namaste.
BitcoinSymbol: BTCUSD
Here is another tool that we have to share with you.
Long green dot and short red dot.
Find more details about it in our scripts on our trading page.
----------------------------------------------------
Want to level up your trading skills?
We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal.
Also checkout our trading indicator available in the link on our page.
---------------------------------------------------
Thank you for your continued support, God bless.
- Major League Trader
Ripple Prints High Volume, More To Come (Trade Inside 7X)Ripple used to get a lot of bad rep. from us cryptocurrency lovers... You know, the whole centralized stuff... Well, now the feeling is completely different, Ripple has become part of the market and we take it for what it is... Another altcoin that can be traded for profits for those who have the knowledge, patience, and experience to do so.
I also believe that the more choices we have the better it is for all of us...
Now, here is the full trade that you can use as an adjunct to your trades toolbox.
This is not financial advice, of course, all the information shared here is intended for educational and entertainment purposes only and can be used to help guide you find the important resistance levels and support on a chart... Everybody can use this information in whatever way they see fit, hopefully, to improve your trading skills and produce better results... See below!
After May, the altcoins market will start a process of sustained long-term growth.
Feel free to buy now and reload all your favorite altcoins... What is coming is a great opportunity if you prepare yourself before the action starts.
When everything starts moving, if you are not prepared, it is hard to make the right calls.
Always remember to take your time before taking any actions, buy/sell... Always wait/hold when in doubt... Build a plan/strategy before buying any coin.
This is Alan Masters.
Thanks a lot for your support.
Namaste.
Streamr DATAcoin Perfect Ascending TriangleThe "ascending triangle" is a continuation pattern and bullish in nature.
Here can see where the Streamr DATAcoin chart (DATABTC) printed a perfect ascending triangle that produced a bullish breakout.
When you see this pattern, the bulls are in favor.
Namaste.
TCT Fake Breakdown, Manual Stop-Loss To The RescueTCTBTC (TokenClub Token) just printed a fake breakdown and we are safe thanks to our manual stop-loss.
The entire cryptocurrency market had a strong drop, a correction, that is starting to settle and everything is going back to normal.
We call it a "fake breakdown" because prices went below support just to quickly move back above it... So this is only a market move to remove weak hands. It is also called a stop-loss hunt.
We use the "manual stop-loss" on the weekly timeframe, meaning that we only close our trades when prices close below our stop-loss/support on the weekly timeframe.
Here, TCTBTC dropped as far down as 57 satoshis (0.00000057) but this only lasted 1 day... Patience is key.
The next day, today, prices are moving back up and the chart for TCTBTC looks completely normal and healthy. Patience is the solution to this last strong drop.
Below you can find more information about our manual stop-loss.
This is not financial advice.
Thanks a lot for your support.
Namaste.
Is Bitcoin Bearish or Bullish, $10k or $5k? Everything ExplainedWhen charting (TA), we look at multiple timeframes and each timeframe has its own meaning and tendencies.
Bitcoin (XBTUSD) can look bullish short-term, 1H timeframe while looking bearish long-term, weekly (W) timeframe, as an example.
Charts are always changing... This is something to keep in mind.
The 1H (short-term) chart can look bullish and strong at one point, but only a few hours later everything can change if a support level is broken.
It is important to pay attention to the timeframe.
Right now we are looking at Bitcoin (XBTUSD) again on the 1H timeframe and this chart is now bullish, compared to earlier to it was bearish... but why?
Prices are now trading above EMA10/50/100 and MA200 before prices were trading below those levels.
Trading volume is starting to increase before the trading volume was low...
This is how it all works... We translate what is coming from the charts.
Bitcoin right now is bullish short-term... Thanks a lot for your support.
Bitcoin Higher Low, Bounce In-Play | Next Target Mapped (Trade inside)
This is our full LONG Bitcoin (XBTUSD) Trade.
Remember to hit LIKE to see the full trade details...
Namaste.
Bitcoin Retraces But What About The Altcoins?We know many of you are really interested in the smaller altcoins...
The altcoins market continues to grow stronger and in bullish potential, here is what will happen next.
Now, before we get started, it is always necessary to make this small but very important distinction when we talk about Altcoins.
Conventional analysts here talk about Bitcoin and Altcoins.
When they say Altcoins they are mainly referring to the big ones, the TOP10: ETH, ADA, LTC, TRX, BCH, EOS, XRP, USDT, BNB, and XLM...
(Not necessary the TOP10 but those with the biggest market cap.)
When we/I/us mention Altcoins, we are always exclusively talking about ALL ALTCOINS minus the TOP10.
When it comes to market capitalization and the bullishness of the market, we have to separate these bigger altcoins from the smaller ones for two reasons:
1) These bigger altcoins move together with Bitcoin (Bitcoin is now dropping strong, these as well).
Normally, we tend to see altcoins detach (move inverse) to Bitcoin in a bullish cycle... Right now, you can see the Binance and Bittrex altcoins growing, as well as those on other exchanges.
2) They do not behave as the smaller alts.
So we can see the altcoins chart (TOTAL2) full bearish and going lower while "the Altcoins Market continues to Grow" .
Even with that said, they are still producing higher highs and higher lows, meaning that the entire market is now in full bullish mode.
What Happens To The Altcoins?
As I've said many times before, this is only the beginning.
Feel free to buy up on your favorite pairs.
Feel free to take your time to research, make your choice, buy and hold.
The cryptocurrency markets are very likely to grow for years to come.
This is Alan Masters...
Thanks a lot for your support.
Namaste.
Storm Prepares | Another Big Time Winner In The Making! (88.8%)STORMBTC (Storm) is now moving above resistance after breaking out of a falling wedge... Another winner in the making.
With the altcoins market as it is, these signals that we've been looking at become really strong.
In order to maximize profits, look for the bottomed out pairs, buy around support, wait patiently and sell once prices hit the targets/resistance levels.
If you are trading for profits, there is no need to hold long-term. Long-term holding is a different strategy.
For trading, you buy and sell for profits.
Close the position and start over with new trades.
Many new opportunities are made available all of the time...
But this is not financial advice.
Thanks a lot for reading.
Namaste.
Volume Indicator, Gas Starts To Fly (100%+ Mapped)GASBTC is starting to fly and we have really good volume coming in... Let's take a quick look at the volume indicator.
We usually mention volume as a very important signal/indicator when it comes to TA. Any move that happens we always look for volume for confirmation.
Good volume is good for the bulls we always read/say.
Recently the market cycle changed from bearish to bullish, and we are seeing strong bullish action on low volume in some/many cases... This isn't a bearish signal anymore since we are in a bullish cycle, it is more of a "continuation" signal.
So if you see a bottomed out altcoin producing a low volume break above EMA10 and EMA50, instead of seeing this as a bearish signal telling you that prices can quickly reverse because there is no volume support, instead we see it as just the beginning since prices are moving higher and the trading volume is yet to come.
When we looked at GASBTC, we can find a good example of what I just wrote.
There was no big volume when breaking above EMA10 or EMA50 (just the beginning), but prices kept on moving higher and there is big volume now to challenge EMA200 and for GAS to continue going up.
Yes! We continue to look at trading volume for confirmation, but this can be better used now when it is time for a drop. If prices drop on low volume, you can take it as a signal of a retrace that won't go for long. But if prices drop on big/above-average bear/red volume, then you can take it as confirmation that prices will likely continue to drop.
That's the volume indicator based on my experience after years of looking at these charts.
Namaste.
Bots / Algo / Whales & Miners Controlling Market | EOS AnalysisHere we have a different chart... This EOS chart threw me off, it was hard to read at first as it is a completely new chart for me.
You see, these numbers and laters on the screen /"pairs", Altcoins or whatever they are, all basically move in exactly the same way with just a few variations.
We have bots/algorithms controlling different parts of the movements and depending on which bots are affecting which token/altcoin project pair at any given time, that is what will decide how the chart will be drawn.
So depending on the strength of the project, the team or the pull it has, just to pick a few of the factors that affect the chart, the chart will be drawn differently.
I think there are around 5 major algorithms controlling the market and many other individual custom made ones interacting with them, as well as the public.
Now that I think about it... These bots/whales/groups/algo/etc. can be miners as well for all we know... That doesn't really matter... We buy when prices are down, to sell when everything is green and up.
So all the technicalities are just entertainment if you can here like me for work.
We look for the charts with the lowest risks, aiming always first to win above all... Once you get used to the feeling of winning, you can decide if you want to sell at 20%, 30% or more.
The trick is to get used to selling, securing/collecting profits. Because if you don't sell, everything will be gone when the market goes low.
Buy when the prices are low.
Sell when prices are moving up.
EOS Chart Analysis
We have EOS Token (EOSBTC) trading at support levels, consolidating sideways.
This consolidation can lead to another drop or a move up.
Which one will it be?
Signals
MA200 dropping fast with momentum is my signal that EOSBTC has good chances to move up.
Each time we see MA200 (black line) behaving this way, prices tend to pull towards the Moving Average line indicator. Let's see how it goes.
Even with all this information, we still remain open to all scenarios and always have a plan before we trade.
Example
If prices go lower we stop the trade at xxx price.
If prices start to move higher, this is where I sell and collect profits.
Enjoyed the content?
Feel free to hit LIKE to show your support.
This is Alan Masters.
Namaste.
Raiden Network Token Starts To Bounce | Chart Mapped +142%Here I have another chart for you and I will go into detail on the meaning of the different things I draw on the chart.
The small and red/green arrows are always on my charts... What do they mean?
Our main tool for chart reading/technical analysis is called "candlestick reading" and even though I don't mention much the different conventional names for the candlestick patterns, candle closure is what I use for my trades... and feelings/intuition/experience, for the most part.
Most of the time, the signals aren't strong enough or are just too early, meaning that they haven't been confirmed.
Any conventional trader would jump, go away and dismiss the chart all-together, but charts are always changing and even a confirmed signal can easily reverse and a trade go wrong... What can't be wrong is your own inner guidance, what you are feeling, your intuition is boss.
That's why some charts have not enough signals, yet I share the trade and the public has access to all the results.
What I mean is that I get it right more often by following my heart that any conventional practice that I read while I was studying to learn how this all works.
My main suggestion for you, if you are a beginner trader... Follow your heart, don't second guess yourself, practice and base your strategy/system on your own results.
Don't let anybody tell you how it works... Get the results you want and if you have them, you know that your system is valid... YOUR STRATEGY IS NOW WORTH GOLD!
Namaste.
Qtum Moves Above Resistance With Big Volume | TutorialQtum (QTUMBTC) just broke above EMA100 on massive volume... This volume is much higher than average.
You can see the volume bars/indicators right below the candlesticks on the chart above. This has to be the best indicator of all...
Big volume GREEN = Bullish.
Big volume RED = Bearish.
Here we have a really big green volume to move up and break above resistance. This signal is telling us that Qtum is preparing to move up.
Just a quick one...
Hoping that you enjoyed it.
Namaste.
Perlin Is Moving | More Growth Or Fall? | TutorialPerlin (PERLBTC) made a move yesterday and managed to close above EMA10, which is a bullish signal... Today, a big rejection is in play as well as a big bear volume bar so we need to be careful as there can be additional fall.
A new All-Time Low (ATL) was hit recently, this will be the main support (bold red line).
Keeping it simple
1) If the main support is broken PERLBTC will test the lower support levels.
2) If the main support holds or isn't tested, then PERLBTC can consolidate (blue arrow) or move higher.
As you can see, there is no prediction here.
You can take action, buy/sell, based on what is happening rather than predicting where the price will go.
As for the chart signals
The MACD is bearish.
The RSI is weak, not strong enough.
A big red volume bar just showed up. The green volume on the bounce is below average so there isn't much strength on that small jump.
Bullish divergence is building up with both the MACD and RSI, but with all the bearish signals above this one isn't enough.
To trade, we must have a plan, what to do if prices go lower? What to do if prices go up?
Now, how you decide if a pair is good to trade before you go and find the support levels, the targets, and the stop-loss?
You use the chart signals. If the signals support the move that you are seeing then you can decide to trade or not.
I wouldn't trade Perlin (PERLBTC) right now, there are too many bearish signals and there are better-looking charts.
All the information shared here is for learning and entertainment purposes only...
THANKS A LOT FOR YOUR CONTINUED SUPPORT.
Namaste.
How I lost £2,000,000! Well, I didn't actually lose it - but I could have had it, if I wasn't so STUPID!
Don't be as stupid as me - think where the world is heading in terms of blockchain technologies. It's not all about bitcoin. Think Altcoins with in-built utility - that's where the next big frontier is. The time to look and think is now.
This video is a follow up to my previous video where I said 'move away from Bitcoin'. You'll have to view it to see where I'm coming from.
Are you in front of the crowd or behind the crowd? The choice is yours.
Disclaimer : This is speculative opinion only; not financial advice or encouragement to trade in securities. Your decisions and losses are your own. Kindly sue yourself if you lose your money.