ALL Crypto is Highly Manipulated! Tracking the Market Maker BotsPadawans,
All Crypto is Highly manipulated that is a fact, Why because the circulating supply of a coin does not necessarily mean the amount of the coin in circulation. What do I mean by this?
The total circulating supply of a coin may not be necessarily on the exchange, it may be in cold wallets, it may be lost, Lots of different factors. In order for markets to turn a profit, they rely on market makers, these are persons with large supply of a particular coin who provide the liquidity. These Market makers keep the crypto market going. These market makers do not sit there all day like us and take trades, neither do they care whether the price of the coin goes up and down. What they do is use very sophisticated Bots to execute trades. These Bots tend to for a period of time, enter the market at the same time on the days that they come.
They then change the times and the cycle goes on. However trying to trade with these Bots, sometimes can prove fatal because though they come at the same time, the direction they take may not necessarily be the same. It is best to wait until they leave and then take stock of where they want the market to head. Pull the chart to the left and see the different times the bot has entered the market and see that the times can be correlated.
Educationalposts
The 3 most important levels to knowHey traders!
In this video we go over the 3 most important price levels to know to find key support and resistance levels.
More improtantly right around these levels is where the most action can take place in a trading day hence they are very important to know!
As an example the trade we shared earned us around 50 pips pretty easily and we, at the time of writing, have another 31 pips on that 2nd short we took with you guys live!
Hope this video helps and we will go over this in more detail soon!
Happy Trading
BITCOIN and the 800 EMA- What You should know!Padawans,
Bitcoin has been reacting to the 800 Ema since the 24th of January 2022. Most people like to use the 50, 100, 200 day MA`s or EMA`s. However I like to use the 800 day EMA.
On the 9th of April 2024, Bitcoin broke the trendline formed on February 24th, it retested that trendline Yesterday on the 10th of April and was rejected. However what I want you to take note of something:
If we take a look at the chart we will notice on the 24th of January we had a test of the 800 EMA followed by the evaporation of selling pressure followed by a move to the upside resulting in a green candle
On the 24th of February again there was move downwards towards the 800 day EMA, followed by the evaporation of selling pressure followed by a move to the upside resulting in a green candle and a new trendline being formed
Take note that with each of the above mentioned events we are forming Higher Highs
So what Am I Looking For
First a test a retrace to $38735, which is 0.236 of the Fibs and also a convergence at that point with the downward trendline
Then I am looking for a wick to make a move downwards towards the 800 ema and if the same confluence of events happen as happened on the 24th of January and 24th of February
then, in my mind you will have confirmation of the resumption of an uptrend and is this happens
Padawan- Hand me my Lightsaber
The Most Underrated Technical Analysis Tool - Element of Time !Market timing is an essential tool whether you're a day-trader, portfolio manager and/or long-term investor. I present to you the most underrated technical analysis tool in the space of retail trading. The purpose of this short educational webinar is to open your eyes to something you don't hear about abundantly because it is the most disregarded aspect of trading in my opinion.
As an intraday trader, my main focus is on the speculation of "the next daily candle". However, I first analyze and project on "the next weekly candle". Each weekly candle is broken into 5 individual daily candles, and each daily candle is broken down into 3 main market sessions - namely, Asia, London & New York Session.
You'll find that my main focus in this lesson is on the day in which you find a lower / upper wick being created on the weekly candle. More often than not, "Tuesday" typically forms the low of a bullish weekly candle, and the high of a bearish weekly candle.
I encourage you to mark out the Open of your week, and highlight the swing point on the Tuesday of each week. I promise, you'll start implementing the "Element of Time" in your trading toolbox.
Of course this is not a standalone tool, however is helps greatly with the determination of your weekly directional bias. It will also assist with your trade and risk management.
It is to up to you to put the work in and infer whatever information you can from this little teaser of an illustration.
Let this open up the opportunity for you to exponentially elevate your trading skillset.
The Power of "W" & its 3 compadres... How to Enter like a ProHi Traders,
If you've ever questioned your entry strategy or have entered too soon, or found yourself gun shy and entering after the party is over, then you may find this guide helpful.
This isn't a over the top strategy, nor is there any special skill needed to apply it to your trading.
I've found personally, that the easier and more simple it is, the better results I get long term.
Over the years, I've simplified this down to three confirmations before entering a trade. Yes, you will leave money on the table by not getting in at the exact bottom, but how many times can you count on a hand that you've done that successfully? Probably not many...
Of course, this is just technical analysis and it will serve you well to have a "fundamental strategy" for picking the projects you choose to enter in the first place. But after you've located the projects you want to buy, you then can use technical analysis to locate a price point to enter the market.
Here are the three confirmations I live by:
Confirmation #1: ("W" Pattern)
- RSI/ Price action forms a clear "W" pattern.
- The two bottom points slant upwards.
- You could call this a double bounce/ bottom as well.
Confirmation #2: (MACD)
- MACD signal line crosses above the histogram.
- Signal lines are converging from each other. (Moving apart/ widening)
Confirmation #3: (EMA cross/ Final Confirmation)
- EMA cross
- Price Action crosses above the EMA lines/ ribbon
Pretty simple right? Well, you would think so but then comes the mental aspect. Having the mental fortitude to always live by the rules you set for yourself is what separates the pros from the amateurs. You don't FOMO, you don't fall in FUD, and for the most part, you don't listen to others, and especially don't listen to others without doing your proper due diligence.
Conducting TA is only one step in the process and in my eyes, it's the second step. You have to have a process for locating projects that are going to present the highest follow-through on the TA you chart out. Bc yes, a lot of false signals can come from set-ups you think would be a winner, to only have the set-up fail on you. This generally comes down to a weak project with weak fundamentals.
Hopefully, this was understandable and simple. If you've been around trading for any amount of time, you will most likely heard of all three of these indicators. Good luck!
4-8th April Economic Outlook!Hey traders,
Today we're going to be looking through this weeks economic calendar. We're going to look at what data is going to be released and what really is going to be affecting the market. I will also share my bias on the different pairs and the different data being released to see if any of these are going to be tradeable or whether or not we should just kind of stay out of the market during these times of uncertainty. I hope you enjoy this outlook into the week ahead. It's going to be a quiet week compared to recent times unless we get any breaking news coming out of Russia and Ukraine. In terms of economic data releases, it is going to be a little bit quieter than usual.
Monday - 4th April
We don't have too much happening in our favor on Monday. Here the biggest release is the unemployment change for Spain. While it may move the euro just a little bit, I'm not seeing a whole lot of tradeable opportunity. I think Monday is going to be a lot better just to kind of sit back and watch to see what happens.
Tuesday - 5th April
On Tuesday, we get a little bit more exciting. We have a fair bit of data being released for us.
🟨 AIG Construction Index
Early in the morning we have the AUD, AIG construction index. This index indicates how well the construction industry is actually running at the moment, it's not something we're going to trade, but rather it's good insight as looking ahead into the PMI, into our employment rates and then overall trade balance in the future. It is a good indication of how well the economy is running confined into that construction sector as it is a very large employer in Australia.
🟥 Cash Rate
Coming in a little bit later in the day, we have a very large, definitely tradeable event with the RBA rate statement and their overall cash rate. The forecast is for it to remain at 0.10%. I believe this will remain at 0.10%. I'm not expecting any shock announcements. However, in the event we do get a shock number come through, it's going to be a very volatile time and a possible opportunity to be able to catch a lot of pips on the Aussie dollar. If we do get a shock event on this, it will move for a few hours prior to entering into the European market so keep an eye on this release.
⬜ EUR
Looking ahead, we do get a lot of services PMI coming out for the euro, but not really looking to be trading that. I'd rather use that as an indication of how well the economy is running, looking ahead into future releases.
🟥 ISM Services PMI
The biggest standout is the ISM services PMI for the US dollar. Obviously the market is forecasting growth in the services industry. I'm not too sure how well that's going to stand. It's not something I usually trade. However, given the previous data releases, I'm unsure if it's going to be able to maintain its bullish forecast. We've been told that construction spending is down, the manufacturing PMI, while still expanding has slower growth than what it was first anticipated. Our nonfarm employment change was negative. There's a lot of different areas suggesting that we may not be as hawkish as what the forecast says. So I do expect this to come in a little less than what we're looking at currently but only time will tell.
Wednesday - 6th April
🟧 Crude Oil Inventories
This is going to be an interesting one. This is something I've been looking to try to look to how it affects the US dollar, but rather something I'm just overly intrigued about given the current circumstances in the world.
🟥 FOMC Meeting Minutes
FOMC meeting minutes is always volatile one. it is good to have a look through what the meeting discussed and how it went on. For users that don't know how this affects the market FOMC meeting minutes is a detailed record of the FOMC's most recent meeting, providing in-depth insights into the economic and financial conditions that influenced their vote on where to set interest rates.
Thursday - 7th April
🟨 AIG Service Index
Another AUD index release. We have the construction index earlier in the week, now we have the services index coming out. Once again it's not something I trade, however, it is fantastic insight into retail sales data. When we do get those retail sales announced next week, we can use this services index to give us a pivotal action point on where those retail sales are aiming, which is why I've noticed that in today's economic calendar, it's worth noting because we can make a preemptive play on the retail sales data release.
🟨 Retail Sales
The Euro retail sales expecting a little bit of an increase with the overall potential panic buying happening across Europe. It's going to be interesting to see what happens here. We massively missed the forecast in March. However, it is looking like they've been a little bit bearish while still forecasting growth of 0.6%. Banks are no longer aiming for the real high numbers, I think we're going to come in maybe around 1%, but I'm not putting money on that prediction, it is rather an assumption. I will have to do some more research and I recommend you do you same as well, having the services PMI come through this week from all the different countries within Europe is going to be a great insight into how well the economy is actually performing on the retail sales front.
Friday - 8th April
Nothing worth mentioning on Friday, the week is going to come to a slow stop. As I said, it is a bit of a slow week this week, only a few different data points worth noting, so we will end the week quite quiet. Obviously, we might have a bit more movement on the fundamental side of things next week but this week looks like it's lining to be a great technical analysis trading week. Always keep your eye on the whole Russia and Ukraine situation because anything can happen there and the market will react accordingly. Do keep your news streams live and in depth as you don't want to be caught off guard by anything going on over there.
These are personally just my outlooks having a look into the future week. Do note the data to keep an eye on when they are released and of course you can use the TradingView calendar as well to keep note on that. Have a fantastic trading week, I wish you all the best success.
💥SHIBA INU UPDATE❕❗Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As explained in my last idea, I said we need an upward breakout from the falling wedge pattern to confirm a bullish move.
Fortunately, price broke upward. On today’s chart, price broke out from a support zone at $0.00002550 and it’s in a pull back to the support.
Once the pullback is done, I expect shibainu to start the new uptrend.
What do you think?
Share your opinion in the comment section✍️
You can also demand for analysis of your preferred coin
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Happy Trading💰🥳🤗
GALA - THE GOLDEN BOX🎁Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
This is Gala’s accumulation phase. This consolidation started 4th March, 2022. Price has been ranging within $0.21 & $0.24.
Inside this golden box, we have smaller boxes too. One special feature of Gala is that after it consolidates, it breaks out and pump hard.
Here is how the first gala consolidation turned out
Therefore, after a successful breakout from this golden box, I expect a great pump to gala all time high at $0.84 and above it.
What do you think?
Share your opinion in the comment section✍️
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💥UPDATE - HERE IS WHY BITCOIN WILL DROP TO $15,000😬Please support this idea with a LIKE👍
Not a financial advice🙅🏼♂️
My bias is based on the fact that after a particular region has been serving as a reliable support for a very long time as seen here, it will become weak and price will eventually break it and hit a low. Extreme fear will set in, then price will take off for a new high.
This idea is based on historical price movement on the chart.
This idea is a speculation, not an affirmation. Before you criticize, read my reasons here👇👇
If you study the chart closely, you will notice that in DEC’2017 , Bitcoin price hit an all time high at $19,000 . Then it started to drop.
Price was falling from DEC’2017 - OCT’2018 with $6,000 price serving as a reliable support. Unfortunately, the controversies between Bitcoin Cash developers in 2018 and some other factors made Bitcoin break the major support level at $6,000 in November'2018 . Then price dropped from this support level breakout from $6,000 to $3,200
Then Bitcoin price spiked from $3200 to another high at $14,000 in JUN’2017
Then price kept falling from this high in a descending channel pattern. Then later broke the support region which made Bitcoin price crash from $7,400 to $3,800 in March’2018 . This Bitcoin crash was caused by the COVID’19 outbreak.
Then surprisingly, Bitcoin spiked from $3800 to a new ATH at $64,700 in APRIL’2021
Then price dropped to a new region which became a reliable support for Bitcoin at $29,000 - $31,000.
Price has tested this zone 3-4 times. Therefore, I expect Bitcoin to test this region again and break it.
As indicated on the chart, each time bitcoin break the support region, it falls by 47% - 49%.
Therefore, I expect a crash by 47% from the $29,000 - $31,000 support region to $15,000 - $16,000 region.
Also, a major/global crisis is always the determinant factor that influence the support region breakout.
In 2018, it was influenced by the Bitcoin Cash developers disagreement.
In 2020, it was influenced by the coronavirus outbreak.
For 2022, the support region is yet to break .
Which crisis did you think will break this support region?
Share your opinion in the comment section✍️
You can also demand for analysis of your preferred coin
Follow me stay updated about this coin and more helpful projects like this🎁
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💥FANTOM BULLISH CONFIRMATION🚀Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As I said in my last post here👇
I said we need price to reject the lower trendline first before trending up to the upper trendline.
I also gave entry prices for investors to go in.
Price respected the lower trendline and it’s in an uptrend already.
This idea will be invalid once price break the lower trendline downward.
What do you think?
Share your opinion in the comment section✍️
You can also demand for analysis of your preferred coin
Follow me stay updated about this coin and more helpful projects like this🎁
Happy Trading💰🥳🤗
💥ALPINE BEARISH SIGNAL- TO FALL TO $5Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
We have 4 triangles on this chart. The biggest one is a symmetrical triangle. The current triangle which is a descending triangle has a symmetrical triangle within it.
Alpine price is weak at the moment. The inner trendline is serving as support here. Once price break it, I expect a fall to $5.
Price can visit $6.40 before falling to $5 too. But the chart is bearish right now.
What do you think?
Share your opinion in the comment section✍️
You can also demand for analysis of your preferred coin
Follow me stay updated about this coin and more helpful projects like this🎁
Happy Trading💰🥳🤗
Market Structure ExampleThis Is Just A Schematic Showing The Types Of Trends (RETAIL TRADING)
Here's The Schematic In The URL Below :
The Schematic Shows Components Of An Uptrend
The Schematic Shows Components Of An Downtrend
The Schematic Shows Components Of An Sideways trend (Consolidation)
Patterns Of The Uptrend > Uptrend Channel
Pattern Of The Downtrend > Downtrend Channel
I Hope This Schematic Will Be Of Help To You.
DISCLAIMER :
Before using this Tradingview account setups, please make sure that you note the following important information:
Do Your Own Research ( DYOR )
Our content is intended to be used and must be used for information and education purposes only.
It is very important to do your own analysis before making any investment based on your own personal circumstances.
You should take independent financial advice from a professional in connection with, or independently research and verify,
any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
No Investment Advice
Our Tradingview account is a financial data and news portal, discussion forum and content aggregator.
Circle Forex Institution is not a broker/dealer, we are not an investment advisor,
we have no access to non-public information about publicly traded companies,
and this is not a place for the giving or receiving of financial advice, advice concerning investment decisions or tax or legal advice.
We are not regulated by the Financial Services Authority.
We are an educational forum for analysing, learning & discussing general and generic information related to stocks, investments and strategies.
No content on the site constitutes - or should be understood as constituting - a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in our site content.
We do not provide personalised recommendations or views as to whether a stock or investment approach is suited to the financial needs of a specific individual.
This Is Just A Schematic Showing The Types Of Trends (RETAIL TRADING)
💥SLP - ANOTHER CHANCE TO MAKE 50% - 60%Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
The short term target still remain $0.0470 and $0.0500.
Did you make profit from my last post on SLP?
In my last post I gave a signal to pick a long position at the provided BUY AREA
Price is still within this buy area and hasn’t hit the stop loss given.
If you missed the last signal and still want to hop in on this, you can go in here.
SLPUSD BUY POSITION
Buy within - $0.0285 - $0.0335
Stop loss - $0.0255
Take profit 1 - $0.047 (60% ROI )
Take profit 2 - $0. 05 (70% ROI )
Risk - 10%
We had a false breakout from the resistance zone as indicated on the chart which led price back into the buy zone.
Slp may dwell in the buy zone before rising again and it can shoot out very fast.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
The Power of using NPOCS on your Charts BTC/USDA Naked Point of Control is an untested point of control which is either time based or volume based and exists in the current market structure.
These NPOCS can serve as excellent targets for trades as well as potential areas of support and resistance dependent upon the NPOC's profile distribution.
I have marked this Bitcoin Chart with Daily , Weekly and Monthly NPOCs and using the boxes I have demonstrated how powerful NPOCS can be
when incorporated into a trading strategy for Scalps Daytrades and Swing setups.
I use NPOCS with other confluences mainly Fib levels and order flow and the respect for these levels is well worth noting .
I hope this information helps you define a strategy for your trading as utilizing these correctly will boost your ROI.
Whatever the case thanks for viewing my work and be sure to like and follow .
💥Major Tradingview Tools & their UsesPlease support this idea with a LIKE👍 if you find it useful🥳
Geometric shapes
1. Triangle Tool
This is a simple drawing tool used to draw triangles on the chart. It is used to determine if a price will continue to move in a required direction or reverse.
This tool can be used to draw a falling wedge pattern, an ascending or descending triangle, and a symmetrical triangle.
2. Curve
This is U shaped tool used to connect a price trend. This tool is mainly used to the cup and handle pattern.
3. Path
This tool is used to highlight a possible trend to move from a particular price to another.
4. Rectangle
This tool is used to find draw out demand and supply zones.
Annotation Tool
5. Text
The text tool is used to write a word or group of words on the chart.
6. Tweet
This tool is used to insert a tweet or message on the chart. It is done by copying & pasting the tweet link on the chart for it to display.
7. Callout
This tool is used to identify a particular area on the chart and give a name or price of information on it.
8. Price note
Used to signal out a particular price on the chart.
9. Price label
Used to indicate a price zone on the chart.
Measurement Tools
10. Trendline
This is a measurement tool in Tradingview that is used to connect highs and lows in an uptrend or downtrend.
11. The Arrow Tool
This tool is used to point out the direction to which price will go either up or down
12. Parallel channel
This tool is used to detect an uptrend or a downtrend by connecting the Higher Highs (HH), Lower Highs (LH), Higher Lows (HL), and Lower Lows (LL).
Prediction & Measurement Tool
13. Long Position
This tool is used to signal out a long trade where the entry price, stop loss, and take profit price is used to calculate the potential risk to return ratio.
14. Short Position
This is a tool that is used to predict a short move where the red box is the risk and the green part is the potential return.
15. Price Range
This is a prediction tool is used to calculate the percentage increase or decrease of a particular coin or currency pair from a particular entry price to an exit price.
16. Date and Price Range
This tool is used to determine the number of days, weeks, month and the percentage increase or decrease it took a coin or currency pair to move from a particular entry price to an exit price.
17. Forecast
This tool is similar to date and price range. It is used to determine if a move in a long or short position from an entry to an exit price is a success or failure.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
💥SLP - TO PUMP BY 60% TO 70% TO $0.05Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
SLPUSD BUY POSITION
Buy within - $0.0285 - $0.0335
Stop loss - $0.0260
Take profit 1 - $0.047 (60% ROI)
Take profit 2 - $0.05 (70% ROI)
Risk - 10%
⚡️Use proper risk management
Right here is my idea on slpusdt. I expect a pullback to $0.0290 before another leg up to $0.05.
The Best Buy zone is before the resistance breakout which is between $0.0285 and $0.0335.
What do you think?
Share your opinion in the comment section✍️
Follow me to receive more updates on SMOOTH LOVE POTION (SLPUSDT) 🤗
Happy Trading💰🥳🤗
💥NAKAMOTO GAMES - WHAT TO EXPECT🤔Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
A rise to $1.13 or a fall to $0.60.
Market is indecisive right now. It’s currently approaching a resistance ahead @ $0.864.
A successful upward breakout from this resistance will take price to $1.13 and $1.18.
But if price is unable to break the resistance and it reverses, it will fall to $0.60.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
SHIBA CUP & HANDLE- TO RISE BY 300% TO $0.0001Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As highlighted on this chart, we have a cup and handle pattern formation on this chart followed by a falling wedge pattern that reflection the correction that happened.
Another confirmation right here is that price broke out of the falling wedge and it’s in a new trend to the upside.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
💥CARDANO BREAKOUT - TARGET AT $1.310Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
Cardano Signal - Buy/long
Entry zone - $1.17 - $1.19
Stop loss - $1.135
1st take profit - $1.30
2nd take profit - $1.310
Leverage - 5x - 7x
In my last post on Cardano, price was at the resistance and I was expecting either a breakout from it or a drop to support.
Price broke out of the resistance and the consolidation zone and it’s heading to the next resistance ahead.
Therefore, my next target for Cardano is $1.310
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗