BTC may have a short - term opportunityAt present, BTC has gone through the first wave of rise and entered the horizontal consolidation stage. If it does not break below the trend line below, there is still a chance to rush higher in theory. For the fund that was shorted yesterday, it can be considered to make a short term, but please do a good job in risk control.
Standard of entry: zigzag line
Stop surplus, upper pressure level,
Stop loss: enter below the purchase price
Contract position: 10 times or less
Applicable people: have enough trading experience, understand the risk of contract trading, and understand the standard of the word war.
Btc!
Bitcoin's Fake Breakdown: Another Bullish Signal (We Go UP!)Bitcoin (XBTUSD) had a fake breakdown, which only assists us in buying more for our active LONG XBT trade.
Bitcoin breaking down is bad because we are at an important phase for Bitcoin and we saw one recently that we can now say was completely fake.
A fake breakdown, or bears/sellers rejection, is a perfect bullish signal.
Bear trap, shakeout, whatever you want to call it, Bitcoin is moving back up after yesterday's drop.
We remain bullish on Bitcoin short term and have an active trade for it with over 100% ROE potential.
You can see it here:
Thanks a lot for reading... Feel free to hit LIKE.
Namaste.
Stellar Lumens long term outlook Long term consolidation from 2018 broke down into medium term bearish trend testing fibbonacci retracement levels and forming some short term triangle consolidations on the way down. Current triangle has until the end of march until it completes, likely sideways for a week or two until breakout.
Still a bull run opportunity? YES but guess what...read belowHere's why close above 20 MA is key. The good news is that price recently did not closed below 20 MA. Here's how I worked out price right now above 20 MA is still key to possible big move up. Using my custom MACD (6, 13, close, 31), only interested in dark green in the histogram. Here's the magic key. You need to mark all the first days when the bleu MACD rises from a trough (don't include days when blue MACD turns positive). From those first days up it's vital that price does not close below 20 MA. That's when I added in the light blue background squares to mark out Price x Time = Volume covered before price dropped below the 20 MA again. The stats and strategies possible are worth a look. Then again not sure if the size of sample in my study was good enough to make findings relevant. So I'm a bear for now because based on my earlier studies 20 MA was broken, but because price closed above 20 MA if it continues to hold we are still in a potential upside opportunity. Not Advice. DYOR.
Bitcoin long history with the MA100Hey, I got some stats for you.
So Bitcoin MA 100 got tested 38 times since 2010, and this happened:
* Clean bounce : 12 times
* The MA got passed, with little follow up (< 10%), the price stagnated, and then the price went back the other way: 9 times
* Break with follow up (immediate): 7 times
* MA break followed by rapid reversal (like bouncing on it but after passing throught it a bit > 10%): 3 times
* Break MA slighlty, stagnates, then continues: 3 times (case #26 in the screenshot is the 3rd time)
* Bounce, stagnates, breaks: 1 time
Here are all the times Bitcoin MA 100 got tested:
The 3 cases when the MA got slightly broken, then price stagnated, and then there was follow through, in 2 cases the price stagnated for a very long time on the opposite side of the MA before breaking it weakly.
So to sum up out of 38 times the 100MA got visited, the price broke it and stagnated 12 times, and out of these 12 times, only 3 were wins for traders buying the break.
Is this always the same? With other markets?
That seems logical. If a resistance gets broken, but there is no follow up the first few days, it would seem very unlikely anything happens. You need an initial snowball to grow a snowball bigger.
But I never backtested the MA100 or any moving average actually, that much. What do you think? The odds of going up are about 1 in 4?
Timing the BTC bottom with Murad, Vinzen & Tone V.MustStopMurad had this analysis where he suggested that the next BTC bottom would be around the 300 MA.
Tone Vays has for a long time compared MA crosses from 2014 with todays MA crosses for estimating how far into the bear market we currently are.
Yesterday when watching Tone Vays video with Vinzent and Willy Woo (first of the recent Thailand videos) Vinzen suggested with the Fib Time Zone (I believe) that the bottom would be between 2020-22. Combining the above two analysis’ which I attempted in the chart actually suggests the same a bottom around 2021 which I found interesting. Estimations of moving averages is drawn by hand so not sure how accurate this will be (and obviously these estimations are also just a predictions so could be completely inaccurate). Would still be very interesting to hear peoples thoughts on this anyways.
Best regards.
Bitcoin - How to ride this baby (Set-up) since 2014 using 20MAThe easy way to ride this baby. There aren't many set-ups like this to study. Work your strategy using 20MA by studying stats for each set up. Using my custom MACD (6, 13, Close, 31) I've boxed price where MACD in blue switches above zero through to where Signal Line does same. I've marked with vertical white line where MACD first switches above zero. That's all you need to do folks. Not Advice. DYOR.
Use moving average indicators to find short - termpWhen a wave of market into the horizontal consolidation, how to choose the next buy? I will give you a simple indicator today. The moving average is a common technical indicator used in tables. When many people start trading, the first thing they come into contact with is the moving average and K chart. The moving average is the average of the closing price of n days, and also the average cost of n days. Early investors all know the theory of reason and the galanz method, which are the tools to use the moving average for investment behavior. Although traditional, they work wonders in the digital currency market. As shown in figure, I set the ma12, and in this wave of market, the price obtained the obvious,, ma12 also showed a trend of obvious rise, after all line go flat, also is the first time we have underweight position, after some form, should be on average once again become warped, price placeholder line, is to make the average also become one of your support, hold prices up. Once the formation of a moving average pressure, is the signal to reduce the departure. Although this index is simple, but easy to operate, the disadvantage is poor sensitivity, not suitable for short - term trading, but the amplitude of the currency market, band trading profit is also very rich.
A Clear Idea Why BTCUSD is trading sideways these days.I cannot publish these ideas at a smaller resolution. But as you can see, these days, whenever BTC/USD rally above 3600, There would be a dump.
If you just open the chart at the 5min interval, the dump is more obvious.
Why would someone keep dumping BTC/USD at such a price, their motivation is unknown.
***This post is meant to be educational and not meant to be information to buy or sell.
BTC Obvious BartThis is the most obvious bart in all of bitcoin history. Dead volume, sudden spike in volume and price, then dead volume and slowly bleeding price with a curving down RSI. Really if you don't understand how this space is manipulated by whales and exchanges to liquidate both shorts and then longs, then you should move over to forex or something.
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.