Get started

Educational

best tool for predicting tops and bottomsi've been talking about margin buying/selling pressure levels a lot lately. why? because they're a simple and effective tool for predicting tops/bottoms and support/resistance levels. if you're trading crypto and you're ignoring these levels, you're putting yourself at a disadvantage. just take a look at this simple example from bitcoin's recent volatile price action. the levels are simple to calculate, and most traders probably at least have the 2x/3x levels in mind, but i published public scripts that will plot them on your chart for anyone who is interested. all you need to do is input the support/resistance level. would be better as a drawing tool (i.e. like fib extension, or something like that), but as far as i know there's no way for regular users to develop TV tools (please let me know if there is!). shout out to CryptoStackers (youtube) for pointing out how well these levels work.
BITSTAMP:BTCUSDEducation
by reees
13
Entry Position for Matic/USDSo I know a lot of you have trouble knowing when you should reenter the trade or even enter the trade so I made this up to give u a idea of where u need to be entering into the trade if you sold at the 78.6% lvl and then are now waiting for it to settle. I would say it is going to just barely touch the 61.8% support and bounce off of it and start heading back up to retest the old ( ATH ) and set new ( ATH ) and so on. So if you are waiting to reenter into a long position then this I think will be the best area to do that. This is not financial advice this is only my opinion using tools that I know in order to produce a good analysis. Thank you all of you for supporting my technical analysis and I hope to continue to see you all in the future! We are shaping a future for our children and our children's children by supporting blockchain technologies ! If you have not yet started to DYOR on blockchain in general then I highly recommend you do so. Blockchain is indefinitely going to replace fiat / currencies as we know it today and there is a strong chance it may even help other countries that have broken financial system begin to thrive and flourish and catch-up to us larger countries. I hope all of you have a bless day and remember always, NEVER TRADE LEVERAGE!! -PacMan1337
MLong
by PacMan1337
Risk per unit (R) & ExpectancyIn this article, we will expand the notions presented in the first part of the series. If you haven’t read the first part, you can check it out below in our related ideas section. We define risk as to how much you’ll lose per unit of your investment if you are wrong about the position. We called this in the first part initial risk (1R) . All your profits and losses should be related to your initial risk. Example 1: You buy a stock at $100 and decide to sell it if it drops to $80. What’s your initial risk? The initial risk is $20 per share. So, in this case, 1R is equal to $20. If you buy 10 shares then your total risk is $200. R represents your initial risk per unit. Example 2: You want to do a foreign exchange trade with a $10k account, selling the EURUSD. Let’s say that $100 USD is equal to 77 Euros. The minimum unit you must invest is $10,000. You are going to sell if your investment drops by $1k. What is your risk? What’s 1R for you? It may sound complex, but it is very simple. If you’d close your position if it drops $1k from $10k to $9k, then your initial risk is $1000 and that is equal to 1R. R represents your initial risk per unit. Let’s say that you have noted on your trading journal the following trades: 1. 400 CSCO at $23 - R $1000 - P&L $2,317 2. 80 IBM at $80 - R $1000 - P&L ($813) 3. 300 VLO at $50 - R $1000 - P&L $3,413 4. 400 HRB at $51 - R $1000 - P&L ($1,531) The R multiples for these trades are: 1. 2.32 R 2. -0.81R 3. 3.41R 4. -1.53R The average R for your system is: 0.84R Expectancy really refers to the mean (average) R-multiple of your system. As a trader, if you want to be successful you need to start quantifying your trading performance. You should always calculate your R-multiple and it’s average (expectancy). The expectancy of your system is the average of the R-multiples (both positive and negative) of your system . It tells you what you can expect in terms of R, on average over many trades. This information is pretty straightforward and easy to grasp. In our example above if we have a system with an expectancy of 0.84R and we risk 1% per trade we should expect a profit of 0,84% per trade. After 100 trades you should be up 84%! The average however is not the total picture! To understand how much your system can deviate from the expectancy, you must not only know the average R-value, you must also know the variability of R or standard deviation. The variability will tell us how far away from the mean most samples are likely to be. It would be great if all samples were at mean, but this is never the case because it would mean that there is no variability to the sample. Now you truly understand why the 3rd and 4th golden rules that we mentioned in the first article are very important! Trade with care. If you like our content, please feel free to support our page with a like, comment & subscribe for future educational ideas and trading setups.
TVC:GOLDEducation
by financialflagship
20
MATICUSDT ⚡️ on the Hourly update...*NOT FINANCIAL ADVICE: DYOR - This idea is IMO for personal use only* ============================================================ Updated chart with some Fibonacci confluence zones one the hourly. Meanwhile, we broke out nicely from that parallel channel on my last chart. Am still very bullish on MATIC, and remains a buy & HOLD strategy for me. Will continue to load up on any dip, while we are still in the strong buy zone.. At the time of writing this, MATIC is up 1 spot to #14 on CoinmarketCap. As mentioned in my last chart, while other Cryptocurrencies were dragged down with BTC's dip we had last week, we saw MATIC (Polygon) growth outperforming other coins/tokens in recovery. Why? 🔹 Yield Farmers are migrating to Matic (Polygon) for low fees & faster transactions. 🔹 Ethereum-native protocols such as Aave, SushiSwap, and Curve led the way for Ethereum users to migrate to the Matic network (as we know, Eth gas fees are mind-blowing). 🔹 An increasing number of users on Polygon, with the Layer 1 scaling solution recently surpassing Ethereum in the number of daily transactions. 🔹 Polygon is an Ethereum scaling solution and is a competitor to Binance Smart Chain. As always, watch for volume. Do your own research. This is not Financial Advice. Always be watching BTC. Good chat.🤖 My last MATIC chart on 25th May: My last MATIC chart on 15th April:
M
by CryptoZani
Grand Canyon Education I am impressed with this company, and I like it a lot - I have been researching it for some time now, and today I have finally decided to take a position in to it after this last big dip. The share price may still run lower in the short term, but long term I think it will continue to make new highs. So I will keep buying the dips. Grand Canyon Education offers graduate and undergraduate degree programs and certificates across colleges, and is headquarter in Phoenix, AZ. To me the company's fundamentals look strong. And I believe universities will continue to play a vital role for decades to come. Shaping the educational landscape in a positive way. I am involved in the educational industry myself, and I can only see positive things for the industry. Maybe I am bias, but this company will have a place in my long term portfolio going forward. Looking into the numbers: In the 2020 financial statements all I could see was a healthy company. Gross Margins of over over 50% (58%) Operating Margins of over 30% (32%) $333,742,000 in current assets $118,718,00 in current liabilities (With a final score of 2.8, which is excellent in my book.) Total shareholder equity of $1.574billion. (total assets - total liabilities) EPS of $4.95 P/E ratio of 18 For me this is screaming BUY. Short term we may still see more of a pullback to test support areas, but like I said; this is a long term play for me and I will continue to add at lower prices.
NASDAQ:LOPELong
by TalkingCents
TELUSDT 📞 on the Hourly UPDATE*NOT FINANCIAL ADVICE: DYOR - This idea is IMO personal use only* ========================================================= An update from my last chart dated 25th May: Excellent news announced a few hours ago on the passing of Nebraska Bill, meaning that a cryptocurrency & digital asset bank framework now signed into law. We saw that breakout from recent parallel channel of the past week. New lines presented now after doing some quick Fibonacci retracements + confluence analysis. Still extremely bullish on TEL!! Why? 🔹 Already in the top 10 best performing cryptos for 2021 after the crash 🔹 Anticipating further amazing results in the lead-up to the launch of V3 🔹 Increased exposure with recent listings on other exchanges 🔹 Increased publicity and leading the way now the Nebraska Legislature to create a crypto & digital asset bank framework is now signed into law. 🔹 Solid roadmap for the rest of this year 2021 At the time of charting this, TEL ranks at #53 on coinmarketcap which is up 10 places since my last chart. As always, watch for volume. Do your own research. This is not Financial Advice. Always be watching BTC, as we just saw with the impacts of the recent pullback. Good chat.🤖 My previous chart 25 May: My previous chart 5 May: My previous chart 14 April:
by CryptoZani
5
TELUSDT 📞 on the Daily UPDATE*NOT FINANCIAL ADVICE: DYOR - This idea is IMO personal use only* ========================================================= An update from my last chart dated 5th May: TEL still continues to be a strong HOLD strategy and Trade opp for me and loading up more TEL at any chance I get. Why? 🔹 Already in the top 10 best performing cryptos for 2021 after the crash 🔹 Anticipating further amazing results in the lead-up to the launch of V3 🔹 Increased exposure with recent listings on other exchanges 🔹 Increased publicity and leading the way with the Nebraska Legislature to create a crypto & digital asset bank framework signed into law. 🔹 Solid roadmap for the rest of this year 2021 At the time of charting this, TEL ranks at #63 on coinmarketcap with an increased market cap of circa 7%. As always, watch for volume. Do your own research. This is not Financial Advice. Always be watching BTC, as we just saw with the impacts of the recent pullback. Good chat.🤖 My previous chart 5 May: My previous chart 14 April:
by CryptoZani
Make it simple🔥Don't make your trading hard TOP 5 DOs ON THE MARKET Backtesting Significance of backtesting is very high. You have to test your strategy on previous data every time to see your probable winning percentage in future. Work-life balance If you spend all 24/7 of your time for trading after a couple of stressful situations you won't be able to recover. Your hobby and family is your safety bag. Be realistic If you understand that your trade is going in the wrong direction and most likely will not go. You must accept the loss and liquidate the position Always have plan Before entering a trade, you must think about when and where you will have to exit a trade, regardless of whether it will be profitable or unprofitable. Never stop learning The market does not stand still and is always progressing. You should also do the same, because the market may change and your strategy will no longer be relevant for the current market. TOP 5 DON'Ts ON THE MARKET Believing indicators Indicators are only statistical data obtained on the basis of the previous price movement. They can only guess, so don't trust them all of your capital. No trading plan Without a ready-made trading plan, you leave your capital to chance. You will never be confident in your actions in the market. The market does not spare such people. Don't be this kind of trader. Over-leverage Everything is clear without words. The larger the lot, the greater the risk. Ask yourself if you are ready for this. Being too emotional Emotion is the last thing you can rely on in the market. As emotions grow, the risk of not surviving the usual drawdown grows and you can only worsen the situation by closing a trade that could work. Overconfidence You should rely on your strategy, but do not be blind in the market and understand that the trade may not work and this is just a game of statistics. Always be clear about your risks _____________________________________________________ If you enjoy my FREE Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".
Education
by Berzerk_invest
19
TRTLBTC 🐢 *UPDATE* on the Daily UPDATE*NOT FINANCIAL ADVICE: DYOR - This idea is IMO for personal use only* ============================================================ An update from my last chart dated 29th April: Still seeing further sideways action with this turtle now retesting my previous resistance line at 0.0000000096 and 2 parallel channels formed since my last chart. We will need some decent volume to break the resistance line of the recent parallel channel, then next target is the next RL at 0.0000000096. This is still a HOLD strategy. I still have a bag of this 🐢. At the time of charting this, TRTL sits at #729 on coinmarketcap with a market cap up by circa 13%. As always, watch for volume. Do your own research. This is not Financial Advice. Always be watching BTC, as we just saw in the impact across the market from the recent pullback. Good chat.🤖 My last chart dated 29th April on the hourly: My previous chart dated 14th April on the hourly: My previous chart dated 10th April on the hourly:
T
by CryptoZani
1
BTCUSD 🧨 on the Daily*NOT FINANCIAL ADVICE: DYOR - This idea is IMO for personal use only* ============================================================ An update from my last chart dated 8th April. Since all Crypto hinges on the beast that is BTC whether we like it or not, need to be keeping a close eye on this. There are several different schools of thought such as Gann, Elliot wave or Wyckoff, each tech method anticipates varying results. End of the day, it's very tricky to predict what is on the blank white space ahead of us, so all we can do is share our nonfinancial thoughts, calculate probabilities and be aware of possibilities. We are still getting some incredible volume, over the days/week, so there's still gas in the tank for this bull cycle. While volatility is at it's highest still after last week's dip, it's still best practice to enter this space with caution or wait til the dust settles. We need to break the $40K resistance region to continue uptrend, or it's possible we take another dip lower before an epic bounce. As always, stay safe, watch for volume. Do your own research. This is not Financial Advice. Good chat.🤖 My last chart dated 8th April:
COINBASE:BTCUSD
by CryptoZani
5
MATICUSDT ⚡️ on the Daily BINANCE update...*NOT FINANCIAL ADVICE: DYOR - This idea is IMO for personal use only* ============================================================ An update from my last MATIC chart dated 15th April. This still remains a buy & HOLD strategy for me and will continue to load up on any dip, while we are still in the strong buy zone.. While other Cryptocurrencies were dragged down with BTC's dip we had last week, we saw MATIC (Polygon) growth outperforming other coins/tokens in the recovery on the back of some solid volume. Why? 🔹 Yield Farmers are migrating to Matic (Polygon) for low fees & faster transactions. 🔹 Ethereum-native protocols such as Aave, SushiSwap, and Curve led the way for Ethereum users to migrate to the Matic network (as we know, Eth gas fees are mind-blowing). 🔹 An increasing number of users on Polygon, with the Layer 1 scaling solution recently surpassing Ethereum in the number of daily transactions. 🔹 Polygon is an Ethereum scaling solution and is a competitor to Binance Smart Chain. At the time of writing this, MATIC is #15 on CoinmarketCap. Watch this space for the long term. As always, watch for volume. Do your own research. This is not Financial Advice. Always be watching BTC. Good chat.🤖 My last MATIC chart on 19th April:
M
by CryptoZani
SHIBWETH 🐶 on the Daily *NOT FINANCIAL ADVICE: DYOR - This idea is IMO personal use only* ================================================ An update from my last chart on 29th April: Just a continued thought. Still 100% BULLISH on this one. Still Extremely Risky. Highly volatile. But I still likey likey. Why? - Shibaswap launching soon. - increasing exposure now being listed on Binance, Kucoin, Hotbit and Coinspot exchanges. This continues to be a strong part of my hold portfolio, and while it has been on sale (as well as most other coins / tokens), I've been adding to my bag at any opportunity. At the time of chartng this today, Shiba is listed #30 on CoinmarketCap... watch this space. As always, watch for volume . Do your own research. Always be watching BTC as we just saw over the last week's flash crash, BTC dominates the market behaviour... Good chat.🤖
by CryptoZani
Bullflag -The Bullish patternThe Flag pattern is one of the best-known continuation pattern in trading which happen after an uptrend.On-chart you can see a good pump and after a minor consolidation zone.This consolidation zone is important to calm down slowly indicators and calm volume,after this step we can see a growth of volume and a breakout What is the target of a bullflag? The first target of confirmed can be derived from measured move tehnique.The first target of bullflag is the vertical distance between the lower and the uper point of flag The second target is the size of the FLAGPOLE(measure the flagpole size and you will put this size at the breaking point from the bullflag It s important to book some profit also after the first target(size of flag). If the flag during too much will fail.Keep your eyes on it all time and have a stop-loss Have fun and good luck!
Education
by Rowhales
Sell Offs Over? Here's a Idea on ADA.So from what I am looking at on the 1hour time frame and the 15 minute time frame is that we have seen the bottom twice which is at around $1.05 and it bounced off that level twice now. I do strongly believe we double bottomed and bounced off the strong $1.05 support level and are now beginning to start to form a new Uptrend and head back up to rechallenge our ATH. I DO NOT BELIEVE THIS IS THE BEAR MARKET!! I only think this is a bearish trend / cycle (**Inside of a bigger bull trend**) and that after that 2nd bounce we have firmly held our support level of $1.05 and can now start moving back up. As far as how long this move takes I can't give you a estimated time frame. But I can tell you a 100% fact is that you can't get huge gains in crypto without seeing some major profit taking. This is why I can't stress enough to newer investors to only invest BIG MONEY in projects that are fundamentally strong and have a solid foundation built underneath of there large fomo driven communities. So hopefully all of you that have been following my TradingView held on to there panties during this pretty much normal behavior profit taking and are now ready to get back on with the bull run. Now I can say for sure 100% without the shadow of a doubt that this bull market will eventually end but do I think it is now? Absolutely not and for multiple reasons at that. We have more money flowing into crypto markets then ever before. We have wealthy banks, Institutional Money & even Governments getting involved in the crypto space. United States has not shown any type of behavior leaning towards any type of bans only regulation which is to be expected when you're dealing with trillions of dollars and you keep seeing "Rug pulls" in the Coindesk breaking news headlines pretty much on the regular with platforms like Ethereum not keeping there platforms projects clean for the space which leads me into my next belief that Cardano will be King one day. The way Charles Hoskinson communicates with the community and how he doesn't play favorites or shill certain projects tells me 100% without any doubts that its all fair game and that is what makes successful communities. You can have the best technology in the world but if you don't have a community willing to develop on you're platform then you're not going to get anywhere. Cardano 2021 , 2022, 2023, 2025 are going to be some INSANE times so just hold onto you're panties Boys & Girls and make sure you HDLE, Buy, Sell, Repeat because I can feel it in my bones #Cardano is taking us to the promise land!! This is not Financial Advice only my opinion using trading strategies & tools that I know in order to predict a analysis of my own. If you are new to the space then I suggest DYOR, Learn TA & NEVER TRADE LEVERAGE!! As always, Happy Trading Traders, Drop a Like, A Follow if you liked it & NEVER TRADE LEVERAGE!!
COINBASE:ADAUSDLong
by PacMan1337
2
Be patient.So for now from what I see on the daily & the hourly chart is that the current trend has ended. They have sold pass the 61.8% support and this can indicate that there has been too much selling and the current trend is over. However I do not think this is the end for MATIC I just think we may see either a new trend form or some sideways trading for awhile it's too early to say stay tuned for future analysis. This is not financial advice please DYOR before investing in cryptocurrencies of any kind. As always, Happy Trading Traders & Never Trade Leverage.
M
by PacMan1337
4
Breakout to the upside coming soon for $ADASo from looking at the 15min chart $ADA is looking at a breakout to the upside most likely soon. So if you are waiting to buy I think now would be a great time but I understand if you are waiting for a confirmation but from the dump on the last 2 days of hell and from previous chart pattern history I would like to safely say I think a breakout to the upside is coming up soon. This is not financial advice only my humble opinion from years of trading, DYOR before investing into any cryptocurrencies of any nature! If you like my TA then drop a like / follow and stay tuned for future analysis!! As always, Happy Trading Traders & NEVER Trade Leverage!!
COINBASE:ADAUSDLong
by PacMan1337
7