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Bitcoin-btcusd

Combining wyckoff's theory with ONCHAIN data"This is a hypothesis that needs more testing to be more precise." Wyckoff's theory t is one of the most influential theories of market expression, and the most important components of which are lateral movement areas and trends. This theory turns the graph into something like Dots and lines (stations and paths). But it is not as easy to use as written in books. After getting acquainted with Wyckoff's theory, I read several books on the subject, hoping that they could help me identify this area of ​​lateral movement, the area of accumulation, or distribution. But there was a fundamental drawback. It is challenging to diagnose this issue. In fact, the rules discussed in these books are highly interpretive and subjective, and two different individual traders may come to exactly opposite conclusions based on their interpretation. But as I became more familiar with the onchain analysis, an idea came to my mind that might be useful for more objectively recognizing charts based on Wyckoff's theory. Composite Man: Wyckoff proposed a theory to help understand price movements in stocks. this is the “Composite Man” theory. (The same concept of whales or strong hands.) he said: “…all the fluctuations in the market and in all the various stocks should be studied as if they were the result of one man’s operations. Let us call him the Composite Man, who, in theory, sits behind the scenes and manipulates the stocks to your disadvantage if you do not understand the game as he plays it; and to your great profit if you do understand it.” (The Richard D. Wyckoff Course in Stock Market Science and Technique, section 9, p. 1-2) In fact, composite Man is a hypothetical man who has so much money and stocks that when he wants he can gradually increase the price by buying stocks and creating demand, and when the price goes high enough he selles his stock and lower the price. The composite man is the main player in the market. Wyckoff says that if you want to make a good profit from the market, figure out what a composite man game is. In fact, having a way of showing us where the Composite Man is in the market, can help us understand future trends Who are the strong hands in the cryptocurrency market? (I use the strong hand word here instead of the composite man) There are those who buy or sell more per capita than other market participants (retailers). To understand this in the bitcoin market, I have used 3 charts and concepts: 1- Sending Addresses: The number of coins addresses making inflow transactions to the exchange. Indicates the number of sellers' wallets (number of sellers) 2- buyers Addresses: The number of coins addresses making outflow transactions from the exchange. Indicates the number of buyers' wallets (number of buyers) 3- Pay attention to this issue: the volume of transactions shows both the volume of sales and the buy (Volume of buy and sale is equal in the market) Considering the above 3 issues, it can be concluded: - If the number of Receiving Addresses is higher than the Sending Addresses (the number of people who bought compared to the number of those who sold), it indicates that more people bought and fewer people sold (given that the volume of sales and buys are the same) So the sellers were stronger hands. In such a situation, the composite man is on the sales side. - If the number of Sending Addresses is higher than the Receiving Addresses (number of people who have sold more than the number of people who have bought), it indicates that more people have been sellers and fewer people have been buyers (given that the volume of sales and buys are the same) so the buyers were stronger hands. In such a situation, the Composite man is on the buying side. To do this, the oscillator at the bottom of the chart divides the Number of Receiving Addresses by the Number of Sending Addresses. Numbers above 1.2 indicate that the Composite man is on the side of the sellers and should expect a price reduction in the future. Values below 1 (or 1.2) indicate that the Composite man is on the buyers side. And we should expect price increases in the future.
BITSTAMP:BTCUSDEducation
by cryptoonchain
What is going on in the markets? Aftermaths of Russian invasionRight after Russia declared war and started its military operations in Ukraine, the markets started going crazy. Investors started moving to "safe heaven" trades and sticking with "risk-off" securities. GOLD (XAU/USD) is everyone's favourite to trade for the moment, as the price plummeted straight after the escalation of the war. It has experienced a growth of +4.5% so far, and it has more upside potential. EUR/USD, having a strong negative correlation with GOLD, has endured a 200 pip drop so far, constituting a 1.8% dip. AUD/USD, GBP/USD and other highly correlated USD pairs have deteriorated as well. BITCOIN, often claimed as "digital Gold", is still continuing its downside movements, experiencing a 12.6% drop in 24 hours. Sticking to the safe heavens and riding the trend would be the best possibility right now. Also, remember to stay risk tolerant and cold-blooded, as the markets could get really volatile from time to time, taking into account the current situation.
OANDA:XAUUSDEducation
by Investroy
9
WHAT are Bitcoin cycles and WHY is it so important ✅❓What are bitcoin cycles and why is it so important❓ 🚀This graph shows the entire history of bitcoin, approximately 13 years. If you open the logarithmic display of the chart, you can see some patterns in price behavior. Namely, that bitcoin moves in cycles. Which in turn are divided into an uptrend and a downtrend. 🎢Three complete cycles can be clearly seen on the chart. One cycle lasts four years on average. Of which 2.5 years of growth, and 1.5 years of decline. At the same time we would like to note that the cycles expand over time. But with the arrival of big money, institutional investors and various global companies, this pattern will be less and less noticeable (like the example of the S&P 500). Why is bitcoin cyclical❓ The answer is actually very simple. It is only noticeable because bitcoin is in its early stage of development and acceptance. There are cycles in everything, it is a natural phenomenon. 🔋As examples: - World cycles, every 10 to 12 years there is a crisis followed by a renewal and continued growth; - Natural cycles, many examples of how the environment develops and renews; - Our well-being, sometimes you have noticed that your mood and energy is at its highest when you are very productive and feel good, and vice versa, when it is at its lowest and you are less productive. Markets are human creations, so they are also subject to natural behavior. How can cycles help trading❓ ✅Statistically, according to brokers and exchanges, 85-90% of traders are losing, 5-10% of traders are breaking even and only 5-7% of traders are earning. One of the most important tasks for any trader is to identify the right trend. Usually, when traders try to trade against the trend, they lose their trading accounts. That is why it is important to understand how to identify the trend and how to earn with the movement of the trend. This is where understanding bitcoin cycles helps. Some of our trading systems are based on these principles. 💚 Please like and subscribe to us to get more ideas like this.
BNC:BLXEducation
by AlexWhale
12
An introduction to the MACD indicatorHere is my quick and dirty introduction/explanation of what the Moving Average Convergence Divergence (MACD) indicator………… indicates. The Moving Average Convergence Divergence (MACD) is a trend following momentum indicator that follows the intimate relationship between a 12-Period EMA and a 26-Period EMA on a price chart in whatever timeframe you are in. The MACD indicator is made up of 6 parts, the MACD Line, the Signal Line, the Histogram, the 0.00 Base Line, the Positive Zone and the Negative Zone. As default, the MACD Line is calculated by subtracting the value of a 26-Period EMA from the value of a 12-Period EMA on your chart to give you your MACD Line value. The MACD indicator will give a MACD Line value in whatever timeframe you are in. The Signal Line is a 9-Period EMA of the MACD Line and is used with the MACD Line to generate/trigger Buy and Sell Signals. If the MACD Line crosses ABOVE the Signal Line, that is considered a Buy Signal. If the MACD Line crosses BELOW the Signal Line, that is considered a Sell Signal. Note that Buy and Sell Signals can be generated in both the Positive and Negative Zones The Histogram is a graphical representation of the distance between the MACD Line and the Signal Line (9-Period EMA). Green Histograms will appear above the 0.00 Base Line when the MACD Line crosses ABOVE the Signal Line. The Green Histograms will Increase in size the further the MACD Line moves upwards & away from its Signal Line. The Green Histogram will also lighten in colour if the MACD Line fails to move higher to create a higher Green Histogram Bar. Red Histograms will appear below the 0.00 Base Line when the MACD Line crosses below the Signal Line. The Red Histograms will increase in size the further the MACD Line moves downwards & away from its Signal Line. The Red Histogram will also lighten in colour if the MACD Line fails to move lower to create a lower Red Histogram Bar. The Positive Zone is the area ABOVE the 0.00 Base Line. If the MACD Line crosses above the 0.00 Base Line, this means that a 12-Period EMA is ABOVE a 26-Period EMA on your price chart in whatever timeframe you are in. So to reiterate, the MACD Line will be ABOVE the 0.00 Base Line when a 12-Period EMA is ABOVE a 26-Period EMA on your price chart. The Negative Zone is the area BELOW the 0.00 Base Line. If the MACD Line crosses below the 0.00 Base Line, this means that a 12-Period EMA is BELOW a 26-Period EMA on your price chart in whatever timeframe you are in. So to reiterate, the MACD Line will be BELOW the 0.00 Base Line when a 12-Period EMA is BELOW a 26-Period EMA on your price chart. Note that the MACD indicator has no upper limit in the Positive Zone and no lower limit in the Negative Zone. The MACD indicator can also be used to show Divergence between the Price and the MACD Line. In a Bullish scenario, if the Price is making Lower Lows and the MACD Line is making Higher Lows then this is potentially Bullish. For a Bearish scenario, if the Price is making Higher Highs and the MACD Line is making Lower Highs then this is potentially Bearish. The MACD indicator can also be used to show Hidden Divergence between the Price and the Histogram. In a Bullish scenario, if the Price is making Higher Lows but the Histogram is making Lower Lows then this is potentially Bullish. For a Bearish scenario, if the Price is making Lower Highs but the Histogram is making Higher Highs then this is potentially Bearish. The MACD can sometimes produce false positive as can be seen here where we have Bullish Divergence with the Price Converging with the MACD Line but no real breakout happened. Note that the MACD Line and Signal Line will be in line with the current Candle Wick in whatever timeframe you are in. The MACD indicator is a lagging indicator but it also has the power to be predictive especially with potential upcoming Buy and Sell signals, divergence and when used with other indicators like Volume, the Ichimoku Cloud, Bollinger Bands, MAs or EMAs, RSI, ADX DI to name but a few as these can help complement the MACD signals to help get a much clearer picture as to what is going on and what may happen on your chart in whatever timeframe you are in, because there is a lot of BS, FUD, FOMO and utter crap out there so a little clarity is always helpful ;-) For me the MACD is a very useful indicator with my trading, so I hope you have found this quick and dirty MACD educational post helpful. Happy trading. Notes: MACD Line = 26-Period EMA Value - 12-Period EMA Value = MACD Line Value Signal Line = 9-Period EMA of the MACD Line. Used with the MACD Line to trigger Buy and Sell Signals Histogram = Distance between the MACD Line and the Signal Line 0.00 Base Line = Crossover point to the Positive Zone and/or Negative Zone Positive Zone = a 12-Period EMA is ABOVE a 26-Period EMA on your price chart Negative Zone = a 12-Period EMA is BELOW a 26-Period EMA on your price chart EMA = Exponential Moving Average.
BITSTAMP:BTCUSDEducation
by TradingThroughTheLens
2
The secret knowing exactly the exit point is accurat 90%Hello, I have tried using many indicators to trade stock and Bitcoin, accidentally picked up the secret, so I would like to share with you: The entry and exit points are important, but the exit point determines whether you win or lose. Maybe, you don't know about getting out for reasons: you may win a little bit, you lose so waiting or so you want to win more. How do know the exit point? This is an extremely difficult problem but there is a good way that is to use "Volume-based Support & Resistance Zones V2", it helps you know if your entry is good and when you can get out. Steps to usage: Find and add indicator "Volume-based Support & Resistance Zones V2" Look at the Support area to know if your entry is good or not, and if the price is already in this zone, for example, if the price has fallen out of the Support zone, it's best if the stop loss will lose less, otherwise, it will down further Take a look at the Resistance zone, if the price breaks through this zone, it will continue to rise, can wait, if the price drops to this zone, they should exit, this is something that very few players know where to get out. You can use it to check for both stock and Bitcoin. That's very useful. Above is sharing how to get out safely to avoid losing. If you find it useful, please give me a vote. Thank you.
Education
by binancash
1
Father of all strategiesHello traders! This is a detailed and most importantly a correct analysis of the previous pump and dump. There is always a reason behind everything and there is also a reason behind this whole formation. There is a complete cycle that forms before this formation and this formation is a reaction of that cycle. Let's talk about this formation After a deep search, I have figured out that the market never leaves any Support/Resistance untested and if it happens then we will see this type of formation and when the formation is completed we will see the market will move back to that untested Support/Resistance. (Tip 1: You can trade every breakout but on the opposite side of breakout because the market always show retracement after the breakout) At the start of this Formation the time the first pattern we see is a 'J' pattern. Now, what is the J pattern? 'J' pattern is itself a reversal pattern only if it is formed above the support area but in this case, 'J' pattern is not connected with the support area so it kept pushing up. The Next pattern after J is a correction/consolidation pattern and in total, we will see 3 consolidation/correction patterns in this formation. (Tip 2: After every breakout there is a reaction pattern and 5 out of six times market moves back after a breakout so follow tip#1) After the 'J' pattern the second pattern is an Expanding triangle and if you are aware of this pattern then I must tell you that you were always taught wrong because you must be taught that trade towards the direction of the breakout and it's a wrong way. As I told you 5 out 6 times market moves back after breakout and you can see the charts yourself. So trying your luck on 5 out of 6 probability is better than trying your luck on 1 out of 6 probability. (Tip # 3 is don't be fooled and follow tip # 1 and always use stop-loss to save yourself from unwanted loss and save your account for new trades) The third and final pattern is a correction breakout without any reaction pattern and this is a pattern that pushed the Bitcoin back to the pavilion. Happy new year guys and I hope you will make millions in the year 2022. Don't forget to hit the like button and follow to stay connected.
Education
by Aadil1000x
9
The dominance of stablecoins as a divergence tool in BTCOn the top chart we have the BTC/USD index, and on the bottom chart we have the sum of the dominance of the main stablescoins: USDT, USDC, DAI and UST. As a rule, when the dominance of stablecoins rises, the price of BTC falls. Just look at the respective numbered arrows. The only exception was arrow number 3, which had a more lateral movement in the dollar's dominance. Now looking at this exact moment, we have a rise in stablecoin dominance. The next resistance is at 7.75% (if dominance continues to rise).
INDEX:BTCUSDEducation
by andre_007
AUDUSD - How To Trade This Channel! 😍 📚AUDUSD is in a really nice channel where price is respecting both the limits of the channel. We saw a nice bounce off the channel support and looks like we'll be heading towards the channel resistance very soon. The basic rules of trading within a channel are the following: - Buy on bounce off channel support - Sell on rejection off channel resistance - Stoploss outside of the channel - Targets should be the outer limit of the channel ** For descending channels, the move down will always be bigger than the move up ** For ascending channels, the move up will always be bigger than the move down Do your best to identify channels in your trading - easy trades! Goodluck and as always trade safe!
Education
by WicktatorFX
2
The Cashflow Game: by Robert KiyosakiDId you hear the Cashflow Game? What it's the Cashflow Game? In my definition, the Cashflow Game it's a way to measure your financial education and how do you use the money?, how do you apply the knowledge and learningedge in your personal life?, What kind of education I should to get?, My own answer it's nothing of this answer. My best anwer it's that if you wan't to know the way to use your money, you will need to be auto-didactic and get your auto-learningedge in based your experience to have knowledge. You don't need any education what school or university show you to learn this cashflow game. Schools doesn't teached us about money, financial education, Forex, Bitcoin, cryptocurrency, personal and motivational development, and much more others theme that I know very well. School teached us about History, Arts, Math (Algebra, Trigonometry, basic math, etc...), Science (Natural Science, Biology, Physics, Chemistry, Environmental Science, etc..), Spanish, English, languages, sport, vocational courses, etc... But school never will teach you about financial education, money and how do you get a personal and motivational development, never and always the education system will be design to be corrupt and creating poor people without knowledge about financial education. the only subject not teached in the school. That it's my perspective point to know very well this theme, and people don't ask about it. Now, I wan't to make a step by step to discuss by part how it's work I.Education: If you want to learn about cashflow, the first step it's to get education, Don't go to the school to attent to show you this theme. As I said, school doesn't teach us about financial education. And you will need to be auto-didactic and get an alternative education what school teach. For example: reading books about best authors or best=-seller like Secrets of the Millonaire Mind, Rich Dad Poor Dad,etc... You can to find up books based in the personal or motivational development, you can to learn about finance, financial market, economy, psycology, any story or topic that you interesting, etc... You can to learn any languages. You will need to get medidate and exercise. One of my best point that I write in the rectangle it's the following: Your mind it's your main asset to invest in your knowledge . So, let's me see to say you one thing: People are inconscient about that your mind it's your main asset and this it's a way that nobody will teach you, and also school don't teach it. If you want to get an alternative education, you will need to invest in your own knowledge, and this will be alone, you will need to learn to be auto-didactic. II. Investments: This it's my favorite section. if you want to make any investment, there's a lot way that you can to get passive income, but to learn about investment, you will need an alternative education in the first section that you will need to be auto-didactic. I like the business, real estate. Also, the real estate it's one of the profitable business that Robert Kiyosaki do, and I want to apply it in the future. And assets are a good way to get profit when you invest in cryptocurrencies, Gold, Silver, Oil, Bitcoin, Shares by long term. Now, trading or investing in the financial market it's the popular in this era. They're trading in Forex, commodities, stock market and cryptocurrencies. Now, I have this way how I trade in each market. For example: I like to trade Forex with commodities (Gold, Silver and Oil) togethers. As I know that I do not trade Forex a lot and I trade cryptocurrency. But in the future, I hope to open up an account in USD to trade Forex and commodities togethers. I choose the commodities to trade with Forex togethers because Gold, Silver and Oil it's make movement with the globe economy and this it's a way how will affect by Forex market. Remember, Forex it's the largest financial market in the world, and more biggest than any financial market. For that, Forex it's a financial market that you can to negotiate with dollar, euro, pounds, Canadian Dollar, aussie, Yen, and anothers currencies. This it's one of my favorite market to know the situation of the economy in based the CPI, Inflation rates, jobs, economy activity and sectors, economical data and analytical. and much more to take in note. For that, Forex it's the main financial market in the world. Now, before I started with Forex market, and now I'm in cryptocurrencies. But more later, I will go back to trade Forex with Gold, Silver and Oil. One of my strategy that I made before it's to find up 15% weekly, and included until 20% weekly to management my money. But now, I thinking to change my goal when I going to start with Forex again and find up 30% monthly to change my expectative. 30% monthly it's very great to start and keep this plan to long term. Now, in the anotherhand, the cryptocurrencies it's one of my market that I love. Now, I decide to add the stock market (indices and some shares) to trade togethers with cryptocurrencies. One of my goal at the moment that I invest in cryptocurrency it's to find up 300% by year and keep this plan toward long term. And recently, I open up a third account just to make position trading to keep trades until weeks, months and included years in focus in cryptocurrencies and stock market. I dont have any % like goal, it's a way to use it to keep this position so toward long term, but yes putting a target price that I believe that this asset will reach this price. For example: It's like to buy 4,000 ADA contract to $2 dollar and I believe in the future that Cardano will reach $100 USD, without matter how long time I keep this position trading toward long term?. But all based in the USD account to get dollars profits. But yes, I calculate my potential loss in SL, that I note very well, but I put the price that I believe that this asset will reach in the future without so late. III. Use of Money: The use of money it's a way to management your money creating your lifestyle using your money that you get in the market, business, asset or passive income. This it's very easily creating a plan to management your money by sections like saves, investments, jubilation, spends, emergency, health, etc.... You just need to determine the % that you want to put in each section. And also, the use of money require that you always follow the trend of money reading economical news, politics, commodities, cryptocurrencies, stock market if you have money into Gold, Silver, Bitcoin, Shares, etc... And also, reading Forex news it's important to leading the situation of the economy actual. Guys, this is it. This it's a way to get a cashflow plan in your life. If you like this educational content, I invite you to share this analysis with traders, enthusiastic, experts, or friends that should to know this educational content of the high quality.
COINBASE:BTCUSDEducation
by harisonhbn9718
Where do you place your stop-loss? 🌐Where do you place your stop loss? 🌐 First, read our tutorial about market orders and limit orders: Your stop-loss is such a limit order that you place above the point of collision of the trend lines that print the technical pattern on your chart: - If you've got a Bullish Pattern (Bullish Wedge or Bullish Pennant), you place it below the pattern. - If you've got a Bearish Pattern (Bearish Wedge or Bearish Pennant), you place it above the pattern. In channels (Bullish Flag or Bearish Flag), you do not place the stop loss outside the pattern because you put it inside your channel around ​the point where the price last touched the left trendline. Where would you place your stop loss in the pattern above? (The solution's in a comment.) Regards, OXY
BITSTAMP:BTCUSDEducation
by Elysian_Mind
1
EDUCATION - Candlestick Cheat Sheet ⚡⚡One of the most powerful tools in your trading arsenal should be candlestick patterns. Various candlestick patterns can tell us where the market is heading. These patterns can be found on all timeframes, however the Daily candlestick patterns appear to be the most reliable. Once you see these patterns, you can ready yourself for the next move and use other tools to enter the market such as flag patterns, MA strategy - which we've covered before (See linked charts).
Education
by Altsignals
1
EDUCATION - Moving Average Trading Tutorial ⚡⚡What is a Moving Average? In technical analysis, there’s an indicator called moving average which calculates the average closing price over a set period of time. If the market is too choppy, often a moving average can help smooth things out and provide a clearer visual of what’s going on in the market and an indication as to where the momentum is whether it’s a bear market or a bull market. How is moving average calculated? A moving average is calculated by calculating the closing prices and then divided by the set number of days e.g. 100 day moving average takes into account the closing prices for the last 100 days and then divides it by 100 to give you the moving average. Once you have enough data, you will be able to plot a smooth line which you can use to help with your analysis. How do you use moving average? In very simple terms: if the price is above the moving average, you can assume that the market is bullish. If price is below the moving average, you can assume that the market is bearish. The way we use the moving average is that we see it as dynamic resistance/support. Dynamic support – When price is above the moving average and approaches it, the moving average will act as a support base where price could potentially bounce off. Dynamic resistance – when price is below the moving average, price may come up to reject the moving average before moving lower. Transition from bearish to bullish (vice versa) We found that one of the most probable moments where the moving average acts as a dynamic support/resistance is when price impulses through the moving average and then retests it. It is possible to gain an entry on the retest provided there are other confluences playing a part such as previous structure or price action. What moving average do we use? 100 and 200 moving average. Examples
Education
by Altsignals
24
Wyckoff Price Cycle ExplainedAccording to Wyckoff, the market can be understood and anticipated through detailed analysis of supply and demand, which can be ascertained from studying price action, volume and time. As a broker, he was in a position to observe the activities of highly successful individuals and groups who dominated specific issues; consequently, he was able to decipher, via the use of what he called vertical (bar) and figure (Point and Figure) charts, the future intentions of those large interests. An idealized schematic of how he conceptualized the large interests' preparation for and execution of bull and bear markets is depicted in the figure above. The time to enter long orders is towards the end of the preparation for a price markup or bull market (accumulation of large lines of stock), while the time to initiate short positions is at the end of the preparation for price markdown.
BITSTAMP:BTCUSDEducation
by Lzr_Fx
Parabolic Explosion / The Bitcoin PhenomenaGood Morning traders! Today we bring you a curious post, and maybe a bit controversial, since we are going to propose a future behavior in bitcoin (in relation to past events) with an extremely interesting price target. To make this post, we will focus on the last large corrections, that is, backward movements that lasted for months or perhaps years. They can be clearly seen in the chart of the post, because the chart is in a logarithmic scale (if you do not know what the logarithmic scale means, leave a comment and we will gladly make an educational post in relation to the different scales in the graph). We can see great similarities in the corrective movements, and so far the impulsive movements have been respected. Speaking of corrective movements, we see that both have a depth of approximately 85%, and a duration of between 1100 and 1300 days. 🔸We can see more clearly the corrections in the two charts below: 🔸The target set in both situations is the theoretical target of this type of movements. Of course, the movement after the first correction ended up being abruptly greater than the theoretical. The rise of the previous impulse was +1600%: Now what we ask ourselves is if the current impulsive movement replicates the previous rise. If so, it would imply a +1600% rise from the breakout, resulting in an approximate target of $340,000. Interesting, right? This kind of behavior is common on many cryptocurrencies. We have more examples and cases, so, feel free to comment the cryptocurrency you are inteterested in and we will try to apply this kind of analysis to it!
BITSTAMP:BTCUSDEducation
by ThinkingAntsOk
4