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,
Btc-bitcoin
ConfluenceThis is an untouched glance at what I look at from time to time, and today on the darkest day of the year I'm going to talk about confluence. Confluence is just when a series of factors align, and in the TA world it's just when your personal suite of indicators and signals aligns with your strategy.
In this 1h timeframe slice of the 'blue chip' of the crypto markets we can see that price has broken a trend line, an Ichi structure, and the relative Bollinger basis. The red line below marks an S/R flip from the previous dump, which has confluence with the Fibonacci retracement AND the relative Kumo.
It's not exact, but nothing is.
Anything can happen, confluence is just something to utilize to bolster strategic edges and generally discern R with a sharper eye.
Head and ShouldersA 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 TA this pattern it s essential to predict when a bullish trend will be changed to bearish
This Head and shoulders pattern appear when:
After long term bullish trend the price rises to a peak and after declined to form a trough
The price will rise again to form a second high peak and declines again
And third time the price rises also but only to the level of the first beak before declining once more
The first and third peaks are shoulders and the second peak which is upper(heighest) will form the head,in this case head and shoulders will appear
2 weeks BTC analysis After few analysis i decided one of the best timeframe to spot the primary trend and reversal for BTC is the 2 weeks timeframe. The 1 month timeframe is too high as the asset is too young and it wouldn't be sensitive enough to give us reliable signals of reversals top and bottoms. Certainly there are many similarities between 2014 and 2018 but we always need to bear in mind that the asset is really young and compare the assets later in the trend with their behaviour at their birth is not always ideal, as many factor can affect the market right now that are completely different from back then. with the first one being the type of investor in the market, their mind and psychology. As you can see from my analysis we can appreciate how the indicators have been reliable and quick to signal tops, bottoms and supports. Also WMA has been a good dynamic support. In 2014 BTC formed a "bull flag" culminating in an accumulation phase. the record volume showed after the accumulation sign the start of the next bull trend. Similarly and as expected BTC has formed another bullish pattern "bull pennant". The volume has started to expand which is typical during accumulation phases. I expect the accumulation phase to end November - December and the new bull run to start in January 2019. The range will be between 7k and 6350 - 6150. Bear in mind that the trendline will provide support in any move below the market structure. ROC showing a new support, similarly to 2014. In bull trend (primary trend) the indicators range on the north side and the ROC indicators is starting to migrate north again after the last parabolic blow off, typical mega overbought condition during the first phase of a young rising bull market.
I'll keep my eyes open for any reversal sign and confirmation.
Educational purpose only
Unusual Way of Using Usual IndicatorsDear friends,
Today, in my training article, I’d like to share the idea of my experiment that I’m going to start with this post. I’ll explain in short its gist.
Technical analysis applies numerous indicators; but their use is mostly limited by usual price charts that change along the time axis. The most common example is Japanese candlestick chart.
(candlestick chart)
As you see from the chart above, irrespective of whether there are any changes on the price axis, the chart will still paint the next bar and move one step forward, according to the set timeframe.
However, there are many other ways of indicating how the price changes, which do not so much depend on the time axis.
One of the examples is a Renko chart.
Renko looks like a series of little boxes. Each next box appears only if the price changes by a certain value. Therefore, if the price doesn’t change for a long time, Renko chart doesn’t move as well, and so, its dynamics doesn’t depend on the time movement, like in the candlestick chart.
To my surprise, many traders unjustly ignore Renko chart and seldom use it in technical analysis.
Moreover, I hardly ever see its application together with any other indicators.
Yes, I admit that indicators, analyzing trading volume, don’t suit Renko chart.
But there many other indicators, based on common and exponential moving averages, which analyze only simple average of the price that can be calculated by any type of chart.
In addition to Renko chart, other charts, that don’t depend on the time axis, include Linear Break Chart, Kagi, Tic Tac Toe Chart, Range.
The examples of these chart-types are below:
(Linear Break chart)
(Kagi)
(Tic Tac Toe Chart)
(Range)
Few traders know about these charts, and even fewer apply them in technical analysis, and, perhaps, hardly anybody has tried to apply common indicators to them.
That is what my experiment is. I’m going to apply common moving averages and standard MACD oscillator to each type of charts and test the signals, compared with the same set of tools in the usual candlestick chart.
I’ll sum up the results for each chart and the total outcomes in the end. I think I may develop a new, cool strategy, nobody has used before.
As I've already started describing Renko, I suggest we the experiment start with it.
As I've already said, the chart looks like a series of bricks or boxes, each of which is placed diagonal right to the previous one, at a certain distance. Each box represents a price movement by the value, you choose.
In classical Renko, it is a permanent parameter and you set the most convenient for you value on your own.
But mostly, by default, the box size is determined, based on a built-in indicator, ATR (Average True Range) with the period of 14 bars.
In the chart above, you see such an example, where in the red box at the top, there is displayed ATR with the period of 14 and the range that was identified, based on it. In the given example it is 125.1 USD.
According to these parameters, the chart will be like this:
In the chart above, the top box price is 6505.2 USD, so, the bottom box limit will be 6505.2 – 125.1 = 6380.1 USD.
On the price axis, you see a pink label with the current price at 6387.2 USD.
To build a new brick, it is necessary that in the set timeframe (in the given case, it is 4 hours) the price moves up by 125.1 USD higher than the top limit at 6505.2 USD (if so, there will be a green box) or down by 125.1 USD lower than the bottom limit at 6380.1 USD, then a red box will emerge.
As you understand, if the price doesn’t move in either direction by a certain value, the chart won’t move along the time axis, and so, one brick may include multiple periods of certain timeframes.
To see it clearer, look at the chart below.
You see, the last box in Renko chart was built at 23.00 on August 17. The chart was being built at 20.44 on August 19, and so, the candlestick chart would have been far ahead by that time.
As it is clear, the main Renko chart advantage is filtering out minor price sideways movements. The chart, built of red and green bricks, makes it much easier to spot big trends and strong price moves.
For a fair experiment, I’ll record the box size at the calculated value of 125.1 USD, so that the chart won’t repaint itself due to the price volatility.
For the experiment, I’ll use a simple trading system, including two exponential moving averages with the periods of 9 and 26, and MACD indicator with usual settings (12, 26, 9).
Finally, after analyzing the common candlestick chart, I have the following:
I marked the meeting of moving averages by blue crosses. As known, each such meeting is a signal to buy or sell, according to the direction, in which the short moving average breaks out the long one.
It is clear that MACD moving averages send many false signals, but the signals of divergence and convergence (blue lines) quite accurately predict the trend movements.
You see, moving averages in the candlestick chart send far less false signals; therefore, this instrument can be used to filter MACD signals.
However, it should be remembered that the signals of moving averages meeting, both in the indicator window and in MACD chart, are late. Therefore, we need a tool that can remove false signals and send enter/exit signals in advance.
As it is clear from Renko chart, MACD and moving averages are coming even later than in the common price chart.
It is obvious that the box size is too big, and so, we see all the signals, sent by indicators, too late.
Having experimented with the box size a little, I got Renko layout to be more similar to the candlestick chart.
As an example, let’s take the signals that were sent at the high of 8200. As it is clear, the place and the time of the signal by MACD indicator proved to be accurate and came true at 19.00 on July 25. The signal by moving averages was 4 hours earlier in the candlestick chart than in Renko chart.
As you see in the chart above, if the Renko chart brick is smaller (in our case, it is 24 USD), the MACD signal is seen in the common chart 8 hours later. On the other hand, three false signals are seen in Renko chart, which are not in the candlestick chart (marked with green crosses).
Summary:
I cannot interpret the results of comparing the common candlestick chart with Renko chart in a definite way. It is clear that moving averages and MACD can be applied to Renko. But the number and the quality of signals mostly depend on how appropriate the box size is.
One of the main Renko benefits is that it filters out minor price sideways movements that are often dangerous for traders, especially for those, who trade in the trend. But when the little block size is used, this advantage almost disappears.
Besides, I should note that Renko chart itself is enough. You see that the green box in the right chart dated July 16 proves the signal in the candlestick chart, suggesting an upward reversal; and red box on July 26 proves the trend downward reversal, and the corresponding signal in the candlestick chart on July 25.
Therefore, Renko chart is quite convenient and simple to confirm reversal signals. However, the use of indicators in Renko chart hasn’t yet been decided and needs further studying.
I’m going to finish my comparative experimental analysis of Japanese candlestick chart and Renko chart on BTCUSD example. In my next educational article, I’ll break down Linear Break chart and compare it to the same Japanese candlestick chart, to find out its advantages and disadvantages.
Good luck and good profits!
Best regards,
Mikhail @Hyipov
________________________________________
PS. If you agree with the forecast write “+” in the comments, if you don’t agree, put “-”. If you liked the post, just write thank you, and don’t forget to share the post with your friends. It is easy for you and I will be very pleased :)
Stay informed on the latest cryptocurrency news, follow my posts in the blog.
Tron (TRX) Prepares floor (Bottom?!)Tron (TRX) is preparing to form its bottom.
- We have gone oversold on RSI daily timeframe.
- And we have many EARLY signals of a coming bottom.
I will keep track here and update as necessary if this trade idea receives enough attention.
This is a friendly reminder so that you can keep and eye, opportunity to buy available.
Note: This is for your learning and entertainment. This is not a trade.
Thanks a lot for reading.
Appreciate your support.
Namaste.
Bitcoin: 3 Ways To Spot Resistance (4 Beginners)Let me show you a quick way to find resistance levels, which are also known as targets when you are looking to sell for profits when trading a coin.
Above you have the Bitcoin chart with 1 candle per 24 hours; Daily time frame.
Bitcoin price is likely to stop at the next resistance point. Note the word "likely", because there is always the chance of the price going higher and breaking more than one resistance. This is of course an example based on an up move.
Let's get to it:
1) Indicator TD Sequential: My indicator is telling me that there is resistance at the $7958 price.
2) EMA indicator: EMA200 shows resistance at $7862.
3) Fibonacci Tool: Based on the April bull move, Fib numbers show resistance at $7901.
If you go by what these indicators are telling you, you could easily say that Bitcoin will face resistance in the $7850 - $8000 range.
There are many more ways to find resistance points and also tools that can be used for this same purpose, but these are very easy to work with and can help you become better at making the right choices when trading.
The same tools can be used to find support levels.
Once you have resistance and support levels, it becomes a lot easier to trade or try and figure out what might come next.
I hope you enjoy this post... My deepest love and gratitude to you...
Namaste.
How Do Identify The Strong Support/Resistance Areas!? Here is an example from a live action! You can see the green box we don't have a candle close inside this area at the moment!
So, that means we have a very strong area what we dealing right now! Up and down, strong candles smash this with a full break below and full break above! This "full candle breaks" means that we need a very strong power from sellers/buyers to break this and what we get if we see some powerful volume - we see those levels get smashed! And those bounces are just a weak try to go through this level - the buyers try to push the price up but sellers react quickly and we are back below the green box!
So hopefully this was helpful and now You can identify the strong levels better!
Don't forget to SHARE this, hit the LIKE and the FOLLOW button if you feel this topic deserves it!
That's the best way to support me and help to push this analysis to other users.
Best regards!
A Or B For Bitcoin ? + The Best Strategy To Trade Bitcoin What's up guys so this is a new analysis and educational update on the only true crypto king, Bitcoin. So we have a strong support at 7.8/7.9k and we could bounce on it and go retest the 200 sma around 9k or continue to drop thru this support as you can see on the chart with scenarios A and B.
If the market decides to break that support and go with B, I think BTC could drop around 7.1k where I see good supports again. Bitcoin will maybe finally crack that 6k base one day but I expect a strong bounce back to the previous support before it happens. Remember that supports often become resistances... And Bitcoin is an asset that particularly respect very well this kind of pattern. This is why I think under 7.8k is a good buy for a swing trade on Bitcoin.
A lot of people say that Bitcoin is so weak right now and as an investor they're maybe right. But when you look at the BTC chart as a trader, this statement is so far from reality. I mean go take a look at this chart again... Look at all those bounces that BTC gave us. I mean if you wait for a good drop to buy you will always have a strong bounce to sell at profit. Just wait for those long big drops of BTC and continue to buy as Bitcoin is falling. Never put all your money at once. Buy a little at X price and buy a little bit bigger when it continues to fall so your break even sell will fall with Bitcoin...
However guys, practice with virtual money before trying this strategy. Cause even if it's easy to me, I know some inexperienced traders can struggle a bit at the beginning and I really don't want you to lose money.
Be wise on markets, never try to time the market, find a good strategy and stick to it and starts with small amounts ! Cause markets can be brutal.
Alright hope this helped you guys !
Stay tuned for more updates,
Fred
Learn how Bitcoin Cycles Work.Hey, I am back with another Chart, but this time with something more educational .
Last time I was saying, that you should Ride with the wave, go with flow.
Many of you has asked my how can I predict this market, if we are currently bearish or bullish, how to follow trends..
Yeah, this Chart looks kinda complicated and messy but again, I think cycles arent that simple and tried to draw this to be clear and understable as possible.
First of all, what is a cycle?
Cycle in simple.
Cycle is a time period in where buyers/sellers are in dominance.
It ussualy last around one month.
On the chart, you can see 5 Cycles, 3 Bearish 2 Bullish.
6500 level as strong support.
There is a crossing Line that Indicates the start of each cycle.
Green line that Indicates the 6 th day in month.
Why is there a line that Indicates 6 th day in a month?
Notice how on the green there is long. somehow trend changing candle .
That may be the exact day of cycle start or end, change of trend.
Okay, next thing to look at - RSI.
Whenever Bitcoin is over 60 t hat is consider as bullish level, anything below 40 is ocnsider as bearish .
Simple and clear isnt it?
Look at Bitcoin each time we are in Bull cycle it always bounces of that 40 bearish level, and each time we are Bear cycle Bitcoin fails to break 60 bullish level
I hope I have make your mind about Cycles kind of clearer, if you have any questions, make sure to ask me bellow or at my Discord Channel.
If you like this Educational material let me know in the comments below or by just simple agreeing with me, Thanks !
A Martingale Guide to not trade like a noob. How I trade.I am going to share with you all one of the primary trading strategies I use. As you read this keep in mind this is what I have found works best for ME in my situation with my busy life. I am not here to tell you martingale is the best strategy out there , it's just one that's out there that I have found to be very successful in my personal trading accounts. Its up to you to decide what strategy works best for you. This one I will be describing typically works best as a swing trading strategy.
Before you implement a strategy.
Make sure you have a hobby and it can't be trading. No, seriously. If you are going to trade you have to be able to step back from the charts to keep a clear picture and understanding of whats going on to make sure the plan you implemented is still viable and you don't panic or make a dumb decision. Even though I have over a decade of experience I still find myself needing to step away from the charts to get a clear understanding or needing to take a break. It's impossible to just stare at a screen all day without getting exhausted or not thinking clearly. It's vital you do this because you need to take the emotion out of trading.
Where this strategy works the BEST
VOLATILE markets. The more volatile the better. It lets you take advantage of quick dips and ride the waves back up. If you are in fast moving markets and have positions laddered down you can receive fills quickly and be able to scoop up lower prices and sell as it rebounds. The trick here is structuring your strategy accordingly and utilizing the appropriate time frames which I will get to later with examples.
Emotions are controlled:
There is nothing wrong with using a stop and at times it's very appropriate. However, sometimes I really don't want to think about what the market is doing every second of every day. I can structure a strategy and go about with my daily life. Let's say you are trading with a stop and the market starts taking a dip and blows through it. But you KNOW it's going to rebound but you don't know when? What do you do? Keep entering in your full trading balance and get stopped out a couple times? Step away from the keyboard and wait for a new trade? With a sound plan and structure, I don't have to worry about this "mini black swans" so to speak, I can take advantage of them.
Example Exhibit 1:
This was a fantastic trade. I was able to play this TWICE. The first was on this first long wick where I entered from 900 all the way down to 700 and was out in the 950 area. I was able to do this again with deeper martingales from 900 down to the 600 area. Notice that on the second time it spiked down it went as far as the 560 area, and I had been filled already at 600.
Exhibit 2.
A quick trade where I was filled above 700 and above 650 at these lows. Exit was on the rebound for a small profit.
Exhibit 3.
This trade was long time wise. My first entry points were at 600 down to 500. I was actually profitable when it went rebounded up to 580, but I did not get out for whatever reason at the time. I was then filled in my positions all the way down to 378 where my average buy became 460. This took time, but I knew it would rebound, which it did. My regret was getting out of this trade to soon. But, it's better to be wishing you were in the market, then be in the market wishing you were out.
Continued in comments....
Blocknet (BLOCK) Short Term Retrace SignalsBlocknet (BLOCK), one of the coins that we started to trade back in early April, is gaining strength and moving up. But as we know, each time a top/peak is reached, there is a retrace in price, followed by consolidation before a coin continue its climb up.
BLOCK has been doing good the past few days, but the time for the retrace has come.
Here are a few signals that can tell you of a coming retrace:
- TD Sequential indicator.
- Large sticks on top of the candles.
- Upper range of the bollinger bands.
- Several resistance levels broken.
- MACD starting to curve, already curving in shorter time frames, which can confirm these signals.
These signals are "short" term, they will change in a few hours and new signals will develop.
But these signals above can tell you of a coming retrace.
I hope that this information was helpful.
I wish to receive your likes, shares and follows.
I appreciate your time, once more today.
Thanks a lot for reading...
You are SPECIAL!
REMEMBER THAT ALWAYS YOU DESERVE THE BEST!
Namaste.
Must read: Old resistances are turning in support levelsGive this idea a thumb up, to see more of this. I'll post quick trading ideas and education only my Twitter account.
I was looking for some good trades today and I just found this obvious trade. During I was analysing this coin, I decided to post this in "education", because I spotted that this is a classical example of:
- How resistances can turn into support levels and vice versa
- To buy when it breaks out
- To sell when it finds resistance
My advice: if you are are a beginner trader, keep watching to this chart for +/- 20 minutes and try to explain every buy or sell moment to yourself.
If you fully understand this, you are able to relate every buy or sell moment to a moment in the past, which is in this chart
Don't hesistate to ask me questions, but it can take a while before I answer it.
Log Vs Linear TradingAsk a hundred traders whether you should be using Log charts or Linear charts and you will get as many answers. The real answer seems to boil down to - Look at both and find what works.
On the lower time frames there is often not a big difference. Log is often considered best for longer-term charting, but that is not an absolute.
Badrosha on twitter writes: twitter.com
You can test the difference between Linear and Log for yourself. Try these ideas to see if you notice any differences:
->First, use " Magnet Mode " (symbol of a magnet on low left of options on left side of your chart) and pick your two points of a trend using a "Ray" (continuous line). On magnet mode the ray will stick to the top of a candle body or wick for you.
>Second, start to shuffle between the log and linear to find the story they are telling.
-LOG charts are generally considered to be better in a parabolic rally.
-Linear is often considered best for ENTRIES because it can potentially show Down Trend breakouts, short swing trade set ups, and pattern breakouts before the log chart will.
-Log is often considered best for EXITS and long term charting. Log shows - Up Trend breakouts, long swing expiration, or short entries sooner than linear.
>With Linear you can see classic entries on breakouts, which is the confirmation on a broken trend. While with log, you rarely find a good one - if price action starts to return on a breakout the percentage change (log) will can give false signals - unless in "parabola."
The bottom line: there is not a "right" answer. What matters is if it works, not whether one is right philosophically or intellectually. Look at the history of a chart and look at what has worked, because one of the tenants of Technical Analysis is "History Repeats Itself."
On the daily chart of BTC 0.00% right now, there is a potentially important difference between Log and Linear charts. Follow the instructions above for Magnet mode and a Ray and switch between Log and Linear. Also shown in the charts here. This difference is why a lot of traders disagree right now on whether we are in a continuation of the bearish trend , or the start of a new, potentially bullish , trend.
Ari-Wald, C.F.A, C.M.T Analyst Wolfe Research @AriWald
For me, I’m a Log-always analyst. While the differences are many times negligible, there are times that Log scaling provides a considerably stronger view of the stock’s trend vs. Arithmetic scaling, but I’ve never found the opposite to be true. The advantage of Log is clearly seen at long-term horizons or during big price moves at lower prices.
As an extreme example, drawing a trendline on an arithmetic chart of the S&P 500 0.05% from 1930-current is not an accurate depiction of the index’s trend during that period in my view. We realize that a 10 point move from 20 to 30 (50%) is not the same as a 10 point move from 30 to 40 (33%). A line on a log chart would look like a curve plotted on an arithmetic scale in this example – but consider that the price on this arithmetic scale gives an inaccurate view of price, in my opinion, and therefore the curved trendline is justified.
So overall, if I’m going to use a Log chart in this situation I should maintain my defaults on Log because I won’t encounter a time when I’m at a disadvantage, only times when Log is preferred.
Pete-L-Brandt – C.E.O. 2 Factor LLC @PeterLBrandt
As a trader I do not use log charts. However, I can see some advantages to log charts for analysts who exam very very long-term trends.
The reason I do not use log charts is that they are irrelevant to me as a futures trader. The value of a $15 move in the S&P 0.05% was the same to me when S&Ps traded $150 as it is today when the S&Ps are at 1700 or so, even though on a percentage basis the $15 change was 10% of the price in 1983 and less than 1% of the index today.
BTCUSD and VIXThe correlation with VIX is fantastic. Officially called the CBOE Volatility Index and listed under the ticker symbol VIX, investors and analysts sometimes refer to it by its unofficial nickname: the fear index. When the fear increases the price of Bitcoin goes down, and other way around, the VIX is returning to low levels, means that investors are confident. The correlation with stock market is pretty similar.
Disclaimer: This is not a financial advice.
The Complete Trend Line History of Bitcoin: 2013-2018Just experimenting plotting trend lines using line charts. Starting from 2013 I will update following up to 2018.
Personally, I like this method because it removes the details that candles provide and gives you a straight-forward way to determine important highs and lows.
Let me know what you guys think.
-Wellwastedyouth
The Battle of Bitcoin (PT 3) - The Bottom Line by MrMoeThe 3rd chapter in a series.
How the Story of Bitcoin is unfolding since Institutions entered the cryptocurrency markets. BITSTAMP:BTCUSD
SENTIMENT -/+
2/6 = Senate Crypto Hearing = +
2/9 = CNBC signals BUY to Public = +
2/11 = AZ Passes Bill To Allow Tax Payments In BTC = +
2/12 = JP Morgan Cryptocurrency prediction report = +
2/14 = Congress CFTC meeting on Crypto = +
2/14 = US Treasury Official Calls for Global Crypto Regulation = +
2/16 = Anonymous trader buys $400 million in BTC = +
2/17 = White House official says bitcoin regulation not near = -
2/20 = CA Lawmaker Files Bill to Legally Recognize Blockchain Data = +
2/21 = Venezuela, $735 Million Raised in First Cryptocurrency Sale = -
2/22 = Iran, Turkey developing a cryptocurrency = -
2/23 = Bank Of America admits Bitcoin is a threat in S.E.C Report = +
2/26 = Goldman Sachs Latest to Label Crypto A Business Risk = +
2/28 = JP Morgan Sees Crypto As 'Competition' / 'Risk' To Its Biz = +
3/7 = Japan's FSA Announces Suspension of Two Crypto Exchanges = -
3/10 = China to Regulate Cryptocurrency says Central Bank Governor = +
3/13 = U.S. Congress - 2018 Economic Report "Examining Cryptocurrencies and ICO Markets. = +
3/18 = G20 / "Cryptocurrency doesn't pose A Risk To The Financial System ... Yet" = +
3/19 = U.S. President Orders Sanctions Against Venezuela's Crypto = -
3/23 = Binance Receives Formal Warning from Japan, Plans to Move Office in Malta = +
BTC Dominance = 44.4%
BITCOIN-USD - CBOE FUTURES EXCHANGE / Leveraged
As of 2/6/18 - Long = 814 Spread 115
As of 2/13/18 -Long = 619 Spread 138
As of 2/20/18 -Long = 1,107 Spread 7
As of 2/27/18 - Long = 1,561 Spread 68
As of 3/13/18 - Long = 2,278 Spread 69
As of 3/20/18 - Long = 2,214 Spread 31
The Battle of Bitcoin (Part 2) - Institutions Enter by MrMoe
Model of Economic BubblesA replicated model of " Economic Bubbles " by Jean-Paul Rodrigue which I overlaid onto the BTCUSD -13.83% chart.
Terrifying resemblance considering this this model was created in 2008.
What stage do you believe we are in?
I do not believe this is the end of crypto.
However, I do advise everyone to keep an open mind, and to trade carefully.
I wish you all the best of luck.
Source:
upload.wikimedia.org