Unique Pattern BTCThis is the strongest Bitcoin Pattern. Its called the Ladel Pattern, and it Starts when BTC reaches All-time high.
The Ladel pattern has been consistently appearing at every major all-time high of BTC. And the accuracy of this pattern is pretty high as you’ll see in this video.
People are used to “One Size Fits All Patterns”. The ladle pattern is proof that each Currency/Stock does have their own unique patterns that cannot be found in the traditional textbook pattern list.
Btc-bitcoin
Found something awesome about DXY and BTC!Hi every one
today we wanna talk about something that Is pretty Interesting and quite awesome for Crypto Traders! so we observed the chart of DXY and BTC and from last year they've been moving in the opposite direction! pay attention to the charts! you can see that the price of BTC starting from may 11th 2020 has started a bullish rally while on DXY chart the price has the started a Bearish movement exactly starting from that date! and In a single year DXY has kept Decreasing and BTC kept increasing . starting from may 11th 2021, DXY has started a bullish movement and you can see that the BTC price has started a bearish rally from that point. so we can come to a conclusion that If DXY moves (weather It's Bullish or bearish) BTC always moves in the opposite direction and of course Crypto market follows BTC. So this thing can be quite helpful for Traders such as you to understand the market better.
Have a nice day and Good luck.
The Basics - Trend LinesTrend lines are used in technical analysis to define an uptrend or downtrend. Traditionally, uptrend lines are made by drawing a straight line through a series of ascending higher troughs (lows). ... With downtrends, trend lines are formed by drawing a straight line through a series of descending lower highs.
In an uptrend, the “imaginary line” acts as support and in a downtrend, the line connecting the points at swing highs become the resistance.
Although we can go into what and why – the logic for trend line, is to keep it simple. It’s another subjective area and people like to spot patterns. It’s human nature.
This shows in it's most basic form the concept of a trend line.
In an uptrend we want to see, higher highs as well as higher lows as shown below;
And in a down trend, the opposite is true - Lower highs & lower lows to create the pattern as per main image of this post.
Many other techniques and indicators use this concept, and perhaps the most famous being Elliott waves.
Here's a post on Elliott basics;
This then all points back to Dow Theory - where markets have 3 cycles and 3 waves (another lesson for another time) in short;
Here's also a post covering the Dow basics;
You can also use Moving averages as part of "working out the trend"
And her is another simple guide to MA's (moving Averages)
We thought it would be interesting to post, more of a beginners post that our usual stuff. Hope this helps some of the newer traders.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
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.
BTCUSD - 1dIf you notice that in the previous Bitcoin crash, there was a move during which the bearish move did not go above the previous candlestick, in other words, no previous candlestick broke until a long shadow candle (pin bar) was formed and Then a powerful ascending candlestick broke its previous candlestick and then an ascending movement was formed ... such movements are called micro-channel in price action ... and as you can see, a micro-channel is also formed in this fall. And we must wait for the failure of this micro-channel ...
CAKEUSDT - How to find a good CAKE entryCAKE and pancakeswap are trending hard right now, its a great defi solution that's innovative and has triple A backing in Binance.
The common thought for most is, how can I get in on that profit?!
One way to do it is buy low, sell high! In order to buy low, you need a good entry, luckily, I think I've found one!
In todays video I go over how I find potential entries for profitable trades and apply it to CAKEUSDT
=== TimeStamps ===
0:00 = Welcome!
0:35 = Patterns
1:20 = Fibs
5:20 = Resistances
7:30 = Price path
11:00 = Entry
12:05 = Stop limit
12:30 = Take profit
14:45 = Fundamentals
15:15 = CoinMarketCap
17:30 = Tradingview ideas
18:50 = CoinMarketCal
19:20 = r/pancakeswap
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!
LearnTA - DUSKUSDT - Picture Perfect Ascending Triangle!The idea of this video is to give a rough beginners guide on how to evaluate a coin/token/protocol. When you first look at it, what are you looking for? Is it worth ANY of your time looking at it? Is it a s**tcoin? Is it legit?
In dusks case its a super nice looking ascending triangle pattern, cutest triangle I've seen this month ;)
Right now its all about the breakout, you may get a chance for a 2 to 3% discount buying on the lower trend line, but the beauty of these setups is its not like you're waiting -10% for it to break pattern!
0:00 = Welcome :)
1:35 = DUSK Fundamentals
2:00 = Ranks
2:45 = Does Binance like it?
3:00 = What does it do?
5:15 = Tokenomics
8:30 = FIRST TECHNICAL ANALYSIS LINES
9:50 = FIB RETRACE LINES
11:15 = Basic Triangle Patterns
11:45 = THE SQUEEZE
16:20 = Measuring the MEASURED MOVE UP
18:30 = Closing thoughts
Use this chart to predict Altseason in the Crypto market. Use the BTC.D chart to see where capital is flowing in the Crypto market... Into Bitcoin? or out of Bitcoin and into Altcoins.
We are at a key decision point for the market right now so you can be a step ahead of the market if you are watching this chart in particular.
A Quick intro to Moving Averages (Beginners) I have recently had some questions on some of the basics such as moving averages. First of all, there is some great free content out there via sites such as Babypips
I wanted to share some simple info to at least explain what a moving average is. Where it is used and what are the types of.
Moving average is a simple, technical analysis tool. Moving averages are usually calculated to identify the trend direction of a stock or to determine its support and resistance levels. It is a trend-following—or lagging—indicator because it is based on past prices.
They also form the building blocks for many other technical indicators and overlays, such as Bollinger Bands, MACD and the McClellan Oscillator. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA).
Moving averages are a totally customizable indicator, which means you can freely choose whatever time frame they want when calculating an average. The most common time periods used in moving averages are 15, 20, 30, 50, 100, and 200 days. The shorter the time span used to create the average, the more sensitive it will be to price changes. The longer the time span, the less sensitive the average will be. @TradingView has many of these tools to use under the list of indicators.
A simple moving average is formed by computing the average price of a security over a specific number of periods. Most moving averages are based on closing prices; for example, a 5-day simple moving average is the five-day sum of closing prices divided by five. As its name implies, a moving average is an average that moves. Old data is dropped as new data becomes available, causing the average to move along the time scale.
Then you have an Exponential Moving Average (EMA).
reduce the lag by applying more weight to recent prices. The weighting applied to the most recent price depends on the number of periods in the moving average. EMAs differ from simple moving averages in that a given day's EMA calculation depends on the EMA calculations for all the days prior to that day. You need far more than 10 days of data to calculate a reasonably accurate 10-day EMA.
Highlighting the difference between an MA & an SMA - The Smoothed Moving Average (SMMA) is similar to the Simple Moving Average (SMA), in that it aims to reduce noise rather than reduce lag. The indicator takes all prices into account and uses a long lookback period.
Then how it can be used and applied, *** There are many strategies out there, the most basic starts with above or below a level (above = buy, below = sell) And then it steps into two moving averages crossing for example. Also as I mentioned above - other indicators use a form of moving average to calculate their plot.
Another simple strategy - Investopedia
This moving average trading strategy uses the EMA, because this type of average is designed to respond quickly to price changes. Here are the strategy steps.
🍒Plot three exponential moving averages—a five-period EMA, a 20-period EMA, and 50-period EMA—on a 15-minute chart.
🍒Buy when the five-period EMA crosses from below to above the 20-period EMA, and the price, five, and 20-period EMAs are above the 50 EMA.
🍒For a sell trade, sell when the five-period EMA crosses from above to below the 20-period EMA, and both EMAs and the price are below the 50-period EMA.
🍒Place the initial stop-loss order below the 20-period EMA (for a buy trade), or alternatively about 10 pips from the entry price.
🍒An optional step is to move the stop-loss to break even when the trade is 10 pips profitable.
🍒Consider placing a profit target of 20 pips, or alternatively exit when the five-period falls below the 20-period if long, or when the five moves above the 20 when short.
I hope this helps - Please feel free to add more info below. Any suggestions & comments to help new traders, always appreciated.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Education - How does a bubble develop and what are the signs?Preface:
This learning content or information is merely my experience, or are those techniques that I use or find useful.
The beauty of technical analysis is that an analysis or forecast can be made using many different approaches.
These differ in effort, approach, tools and technical approaches.
However, I think one thing is important:
Keep the chart as simple as possible, try to see what is obvious and work with as few tools as possible but as many as necessary.
If you base your analysis on what seems obvious, it is likely that many other traders will also see it. This in turn would support a movement in the predicted direction.
= Self-fulfilling prophecy
-> Examples: Moving averages, Fibonacci retracements, Simple formations etc....
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Remark:
This is supposed to be a small help to identify signs of a bubble formation, I must absolutely note that a lot of experience and knowledge is necessary here, which I can not convey in a hurry, as this would definitely go beyond the scope.
Just try to analyze the BTC rise of 2017 with the help of these signs, or even the current rise.
What is a bubble ?
A bubble is usually easy to recognize in retrospect, a lot of green long candles, few red candles, until usually a high point. Then lots of big and long red candles and few green :)
But how do I recognize a bubble while it is forming?
Important:
Please read through the wave age tutorial I wrote beforehand, this understanding is needed to continue here.
If a trend does not consolidate sufficiently, but on the contrary shows shorter and shorter consolidations, rises faster and faster and ideally is still fueled by media interest, then these are the first signs of a bubble. (See bar in the chart)
Within a trend, the price must consolidate sufficiently after a rise (to go into this in more detail would go beyond the scope).
If now the trend in the period under review over the zenith, so after eg 6 waves, a new high and then further waves, with steeper and steeper price increases, so a bubble is to be assumed.
The price MUST consolidate sufficiently to be sustainable.
In the weekly, we can see that the price is moving further and further away from the standard SMAs (20,50,200) until it reaches an unnatural distance, which also indicates that the market may be in a bubble.
As soon as such signs appear, it is important to set very tight stops, as it can come to an abrupt end.
Summary:
-Ever steeper rises
-Ever shorter consolidations
-Distance to SMAs is becoming uncharacteristic of the market
Bonus: Media coverage of the asset
Annotation:
Since the weekly chart is shown here, it is not possible to see how the price reversal occurred. A SKS formed in the H4 , this was the beginning of the end of the steep rise.
Also today, we have the same signs as 2017, to note was the very strong and violent reaction , this does not mean that the course will now immediately sink it can go before still on 60.000 , 70.000 or even more high, from my point of view, the current consolidations were not sufficient, I have this in mind when placing a stop
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If I like this kind of tutorial, so leave me a like there and follow me. If there is enough interest I will post more tutorials like this in the future
Best regards and good luck
DCT Trading
Education - What are divergences and how do I use them?
What are divergences and how do I use them in trading?
A divergence usually shows the trader that the price is moving in the opposite direction to the indicator (or vice versa).
To find a possible divergence in the price you can use various indicators (MACD, Stochastic, Momentum, etc.)
I will limit myself to the Momentum indicator, because I use it myself in my trading.
What does a divergence say?
As already mentioned, the indicator shows me a contrary movement to the price, related to the momentum indicator this means for example:
The price rises and forms a new high, but the momentum indicator forms a lower high in the indicator itself compared to the previous PRICE HIGH
How do I use a divergence?
A divergence can be used in many ways if you know what to do with the information gained. In my opinion, this also depends on the chosen indicator, at least in terms of the information value I get from the divergence.
If one is able to identify a divergence correctly, one receives a kind of "warning", in my opinion a divergence by itself does not represent an action signal, but it warns me that in the case of the momentum indicator it comes to a trend slowdown although the price continues to rise.
What is to be paid attention to here?
-> As mentioned, a divergence by itself is in my opinion NOT a TREND SIGNAL, but a warning or information around which I can now supplement or adjust my trading.
-> Very important, there are two ways that one "bends" the divergence to right once the setting of the indicator is crucial, since each trader uses other settings, it is important not to change these in search of a divergence so that one is formed.
->Furthermore, it is important to consider the time unit under consideration, a divergence occurring in H1 is much less meaningful than one in D1.
Summary:
Divergences are a possibility to add important information to one's trading at an early stage in order to forecast possible price changes that have not yet occurred.
They do not represent action signals on their own.
Important for any new futures traders!Going to keep this simple here.
The price of bitcoin has sky rocketed these past few months. During the spring & summer time a few hundred dollar move in price would be crucial!
Now the price of BTC is lingering around 50,000. Those small movements that where only a few hundred dollars are now thousands.
👉 My point here is that anyone using anything above 5x Leverage is critically risking there portfolio.
💀These shake outs & wicks are future traders death call.
📈 Lets took a look just recently when BTC had closed above its critical resistance level at around 49,400.
Many individuals had purchased or over leveraged thinking price will move up after confirmation. (Bull trap)
On average the price shifted down about 3%. Anyone more then 20x leverage would have for sure gotten a margin call or suffered liquidation.
👇👇👇
My point is price is too high for individuals to think that over leveraging will yield them higher returns.
Trade futures with risk management and the correct way.
The reasons exchanges offer up to 100x leverage is so they can make money.
CRYPTO TRADING TIPSI made this post so that myself, along with other traders trying to step into the Crypto world can have a better idea and some insight to what lies ahead.
If you can drop some your thoughts on tokens, the Alt coins and also a few sites like Defi, Coin Gecko and 1inch, it would be appreciated. Trading the lesser known coins obviously are obviously high risk, but they also present opportunity for high reward.
More importantly, outside of the crazy news events that spike crypto sometimes, how does technical analysis stand over time vs fundamentals. Herd mentality, the big discords...I want to know it all..
I'm open to any other things worth knowing!
Thank you!
BTC and the pi algo top predictor? In this video, we go into great detail describing the theory of the pi indicator, Fibonacci multipliers, and how these 2 alone could show how tops were predicted in the past and potentially the upcoming top. This is the stuff people would kill to know ahead of schedule. I would urge you to play with the math behind this.
As above, so below and there is nothing new under the sun...