BTC-M
Identifying Support and Resistance 101Just a simple look at support and resistance. Someone asked me to help them identify support and resistance. When the price does finally go up or down we will see the next area of support or resistance. You can find these by using a Fibonacci or Moving Average or historic support/resistance. If you have any questions leave a comment.
Bull run comparisosns using 61.8% retracements and 200 MASee how 61.8% retracement June 2016 measures up with June 2019 from Dec 2013 and Dec 2017 Highs respectively. Also how 200 MA High June 2014 measures up with June 2018, & price crossovers of June 2016 & June 2019 respectively. All part of the securitization & commoditization of a new asset class NOT ADVICE. DYOR.
BITCOIN WHALES PUMP STRATEGY Exposed using this Indicator!ThunderLight indicator is used to catch accumulation from Whales and their entry points (hidden supplies and demands) before they pump or dump the index (forex, crypto, stocks).
The trader can't see Whales accumulation on the normal market, but ThunderLight indicator exactly can track and detect before pump or dump happens. So the trader can't be manipulated by Whales, more and more.
To use ThunderLight indicator it very simple and easy. members only needs to look carefully with spikes from the indicator.
- if ThunderLight showing spike above 1 = it means "Strong Accumulation" for the pump,
- if ThunderLight showing spike above 2 = it means "Very Strong Accumulation" for the pump.
Note: ThunderLight's impact of every timeframes are different, the more bigger timeframe, more big impact for the pump, if the spikes are under 1 it means no accumulation more. correction is coming.
on this example image above, if we zoom in, we can see ThunderLight has detected exactly whales entry point and then it goes pump +11.98%
on this another example image above, ThunderLight has detected pretty big whales accumulation that affect big impact on ENJ coin pump
for more information about this Indicator, feel free to send me a message. thank's a lot :)
The most terrible blue dragon in the cryptocurrencies marketDid you know that there is a terrible blue dragon in the cryptocurrency market?
Some investors will say that it is the famous blue whales that constantly like to manipulate the market. Others will say that an invention of fantastic stories. The truth is, respected investor; Yes!, there is a terrible dragon in the cryptocurrency market.
From the previous graphic, you will recognize your real name. But before you leave this story, know that according to the report made by coingecko, the blue dragon has grown significantly in the last period, from 54.6% to 67.0% (Current data),+11.4% approximately. That means one thing: the terrible blue dragon has become stronger.
The dominance of the Bitcoin must be below 60% for new altseason.
Bitcoin Supply and Demand Weekly ZonesWelcome to everyone.
here are some bitcoin analyzed SD zones on weekly time frame. Price respects these zones and there are chances to change the trend's dirrection after touching these areas.
As we know there is a prediction of btc price. In this year price could possible to touch around 30k usd.
so waiting for the strong move.
Enjoy the Weekend.
Happy Trading
WHY BITCOIN & CRYPTO BEAT STOCKS!This is why I prefer trading cryptos. Look what just happened to one of the stocks I own! No warning. No chance to get out before the disaster because stock markets don't trade 24/7 like crypto markets do. They close at one price. Then the company announces a surprise fall in profits, and when the market reopens, it's down almost 30%.
At least when BTC falls 30%, it doesn't fall in an instant! I am always able to sell my cryptos in the early stages of a price crash and get out with most of my profits intact. As you can see, I can't always do the same with stocks.
I got out of Bitcoin and other cryptos as the bubble was popping in late 2017 and early 2018. I kept my profits. Meanwhile, old-school finance people have the cheek to complain that crypto is too risky and volatile! SMH.
On the technical issues of hedgingMany people are still unable to understand the technical problems of hedging. I will explain it again here.
Don't repeat the basic principle of hedging, check it yourself. I'm just going to focus on the technical issues
I give the hedging conditions, the daily ma6 average below, at the same time macd appear short trend. This is the time to start hedging, remember 10% of the position, 10 times leverage, and insulate yourself from your principal to avoid the problem of eating up your principal.
The condition to remove the hedging is that the daily line breaks through the ma6 daily average and the macd forms a bullish trend.
The purpose of hedging is to insure your principal, not to speculate, so make sure you treat it differently.
How to think independently in chaos
This wave of market, in fact from June began to peak, when I said the correction here, and I am relatively bearish on the general trend, think here may be a super b wave rebound. But then the market continued to rebound, and a lot of early bears, in early July began to increase, they feel as if unable to fall, we saw on July 9, many people published bullish views, including many influential analysts in the English area, in this case, how to keep calm thinking? Will you remain calm if everyone around you is rubbing their hands and itching to have a try?
I think most people are affected by the environment. We also saw bm's position exceed $1.1 billion on July 10, and today it is $860 million. That means nearly $300 million has been destroyed in the past 24 hours. So many people do a lot of flips, don't you know the risk? I believe that most people will increase their risk awareness after the peak in June, including many people asking whether they can leave the field, I think they were rational at that time, but in the process of constantly pulling up, many people's will was worn down and began to question their own judgment. These two days a lot of people are asking me when to enter, when to add stock. On July 9th, I wrote a statement on the planet: there is a golden fork in macd, but we have to wait for the closing confirmation, so today is not an opportunity, if the closing is positive, we prefer to enter after a new high, because there is a huge difference between long and short, to reach a new high, need a world war to establish, so it is better to enter after a clear trend.
At that time, many people did not realize the seriousness of the problem. Although I gave a three-segment adjustment pattern on July 4, I predicted that there would be a rebound wave of ABC, followed by the adjustment wave of 12345, but I am not sure that it must be deduced according to my analysis because of the strength of the rebound. But one thing I am sure of, is that there is no new high, must not be long.
Where does my determination and confidence come from? Actually no one can be absolutely correct, no one can predict the future, but for the fear of the market, I always put their emotions and feelings in the technology, and what I call technology, actually very simple, if you read my article, in the past year, I just built around trend to my analysis, a macd completely solve the problem, the point of grasping is done through support and pressure. These seemingly simple indicators are often ignored by people.
A lot of people are looking for magic metrics, always hoping to get a magic box to solve all the problems. But any success, is the result of continuous efforts, there is no shortcut.
If you're willing to let go of your obsession, don't get ahead of the market and technology. Making money is easy.