Money
Remember this analysis wellAs you can see, the 13800-14500 area has the strongest resistance in the chart
Bitcoin is really a bet that someone will come and buy at a higher price than you in order for you to sell and win
But now the situation is reversed
The bet now is that someone sells in order to buy at a lower price
This is literally what happens
After the war of statements between major traders and investors, you must understand this
The safe buying area is 13800/14500
The investment period is 1-3 years in order to get a new peak
It is too early to talk about profit taking
After hitting the targets we mentioned, which should be the bottom, it should happen after the fluctuation in the price
Then comes the period of stability (sideway movement) With low volume
Then the volume increases
And we see positive candles
Then the climb will begin
Finally, trade smartly and patiently
Trade with your mind, not your emotions
My greetings
3 Day Death Cross Just WonderingWhat if we bottom this month... I mean it is literally the least possible thing and most likely most people and MORE people will stay too bearish and in disbelief of investing in crypto while it destroys the all time highs within a year and a half to two years... but I am just saying if we do bottom it would be the least expected move in my opinion with all the Fed Fud and such.... Never financial advice... I am always dollar cost averaging... and I feel like we are in a buyers market and anyone selling are selling to the strong hands,, We will see what happens but I just have a funny feeling something is up. Nothing to send the markets to all time highs anytime soon, but to slow down the sell off to build the structure for the next major move... nothing is promised with uncertainty, but I love seeing where we at with this chart for the macro look.
Bitcoin SV fractal is clear! (Apple)What is up Trading-View! Welcome to a very key and very hidden BitcoinSV fractal.
IF you want to change your life forever PAY ATTENTION to this fractal.
Fractals are extremely powerful, Technically speaking both Elliott Waves, and Market Cycles only occur because of the fractal psychology inherent in human behavior.
Correctly understand fractals and you understand how to be a great investor.
Stay profitable.
Simple Bullish divergrence Look at yellow arrows simple bullish divergrnce showing bottoming signal with RSi. Please watch carefully this could be huge as next I will post a Simple Bearish divergence for the DXY as the euro looks to regain some more ground. Dont turn off Im checking charts 24/7 even wen poppin
Ethereum (ETH) Crashes 10% On Merge Delay, Is $1200 In Sight?According to data from coinmarketcap.com, the second-largest cryptocurrency crashed over 10% to $1,588.57- its lowest level since March 2021. The token is trading down about 56% this year, and has fared far worse than its bigger peer Bitcoin.
Ethereum’s latest losses were triggered by several factors. A delay in a planned difficulty bomb, which is intended to eventually phase out mining on the chain, is the most recent source of downside pressure.
Despite a successful deployment of the merge on the Ropsten test net this week, Ethereum developers decided to delay a planned difficulty bomb.
The move potentially pushes back a planned phasing out of mining, raising concerns over a delay to the merge.
It also casts doubts over a forecast by founder Vitalik Buterin that the merge could occur by as soon as August.
The merge is one of the most anticipated events in crypto this year, given that it would make the second-largest blockchain entirely proof-of-stake.
The move is expected to make Ethereum more accessible to retail and institutional investors and is also expected to increase community participation in the chain, boosting token prices.
GBP/JPY: +50 Pips From The Second Entry +150 Pips Old Entry!This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Alerts are the Best TradingView FeatureSo you do your technical analysis, draw your levels and add Alerts on your chart...
You forget about the chart and the asset (in this case Natural Gas) until your phone rings:
Tradingview Alert, ''Natural Gas on Major Resistance''
Next step is the Sell button at one of your trading accounts...
I can go to the beach and live off my alerts but i am still here for the few of you that i have a positive impact on.
Make alerts work for you or be clever enough to use mine...
One Love,
the FXPROFESSOR
BTC/USDT ANALYSIS It bounced from the point of control support and currently facing horizontal resistance. It is again back in the previous range and a rejection from the current resistance will confirm further consolidation in between the marked horizontal support and resistance zone, while a sustain breakout will confirm an upward move + with other words we need a daily candle to closes above 32100$ . if not dont worry the next days would do.
the next 6 weeks will decide how the market will behavior.
wish u 1 mili on ur trades ^^
much love all of u ! u basters !
enjoy the analyses and follow me if u like my style in trade ;D
don't forget the big like I grow up throw and with yoU!
best grads the monster of crypto MR. MP
One of Most Bullish Days for Ethereum: $750 billion Shorts As per liquidation information on the digital currency market given by IP TRADE, Ethereum saw one of the greatest liquidation volumes over the most recent couple of months, on the off chance that not years, with nearly $800 Billion worth of orders being vanished from the market.
Such a huge liquidation volume showed up after Ethereum skipped off the helpline at $1,715 and acquired around 4% of its worth. The crush has undoubtedly seemed due to dealers' and financial backers' conviction that the second greatest digital money available will dip under $1,700 and hurry to the following help at around $1,500.
Man Who Tied Woman Up and Stole $3B in BTCUSD ArrestedA man who took $3 billion in bitcoin during a savage burglary has been captured — 7,000 miles from where the supposed wrongdoing occurred.
The man is blamed for breaking into a home in California, binds up a lady with conduit tape, and moving millions from her record.
The 31-year-old supposedly wore ski goggles, a hood and gloves during the bold assault. Investigators say he took steps to torment the casualty with a blade — and utilized an iPad staying nearby his neck to give guidelines.
The man in this way escaped to Taiwan after the robbery in March, with American specialists finding him and making a trip there to keep him.
At the hour of his capture, he was found with $18,000 in real money — close by a tablet, PC, crypto wallets and extra proof of his wrongdoings.
He is currently back in San Francisco where he has to deal with penalties of first-degree private robbery, seizing for payment and criminal dangers — and stayed quiet when stood up to by correspondents at the air terminal.
How much leverage should I be using?Understanding how to trade forex requires detailed knowledge about economies, political situations, all the individual countries, global macroeconomics, the impact of volatility, it goes on and on. But the reality of the situation is this isn't what makes most new traders fail. What makes most traders fail isn't the lack of knowledge or understanding of what it is they're actually trading. It's the lack of knowledge and understanding on leverage.
As most of us would have heard, there is very obvious statistic out there that majority of retail traders fail. Now, most people will see this as a lack of competence and just purely not willing to put in the effort to be successful. But a lot of the time it is people not understanding the risk their undertaking and what it is they're actually doing with their money when they enter the market. It really highlights this when traders come to a firm like ours, and question leverage or they have so many questions about leverage that even though they've been trading for three to four years, they still don't fully understand the actual risks that are at hand when they are opening certain positions that they really can't afford to open.
Today I wanted to jump into leverage. Let's really dive into depth what it is, why we have it, how we can use it. Then, finally touch on what is the right amount of leverage for you as a trader. So you can be exponential in maximizing your profits, but also ensuring that you're not damaging yourself long term.
LEVERAGE RISK
Firstly, I think it's important for us to have a look into leverage. Leverage is the process in which an investor or trader borrows capital in order to invest or purchase something. Typically we borrow capital from a broker and we buy into positions with money that we didn't have in order to be able to gain more profit from those positions. Most traders are blindsided and constantly think the more money I have, the more profit I can make, which is true, but they fail to recognize that the more risk it carries.
Carrying higher leverage is an exponential increase in risk. Most brokers out there will probably offer you something like 50:1, 100:1 or even 500:1 leverage. This giving you a buying power of 50, 100 or even 500 times whatever the amount of money you have in your account. Which means a trader with just $100 in a brokerage account could open a position with $50,000 in the market. Now, while that may sound advertising, believe me, that's a trap and we're going to chat about that today.
HIGH LEVERAGE EXAMPLE
So let's dive into an example. Let's imagine we have a trader who has a $10,000 account. They decide to use 100:1 leverage, which now means with that $10,000 cash, they can trade up to $1,000,000 in the forex market. Let's assume that the trader opened a position with the full available capital which would relate to 10 lots, and they opened the position on a currency with the USD being the quote currency. That means that each PIP movement is equal to $100. So for a simple equation, if they were to enter a trade and that trade went against them by 50 pips, they would have lost 50% of their account because that 50 pips would have been equal to $5000. So in one wrong trade they lost 50% of their account.
So many people in this industry is so quick to look at what the realized gains could be, but they rather tend to ignore the actual risks that come with that. If you don't have sufficient evidence that your investment strategy is going to provide consistent and stable gains long term, do not look to trade with higher leverage, as you will be gambling and it is extremely risky.
LOW LEVERAGE EXAMPLE
Now let's use the same example, but in a lower leverage situation. The trader has $10,000 cash only this time he is trading on an account with 5:1 leverage, resulting in a buying power of $50,000. This means on a pair with the US dollar as the base currency that you can open a maximum size of 0.5 lots. Let's go ahead and take the exact same trade, only this time with a 0.5 lots, each pip is equal to $5. Should the investment or trade fall the same 50 pips this time the trader will only lose $250, which is a mere 2.5%. Same trade, different leverage, one lost 50% the other lost 2.5%.
It is a common trick out there that traders feel they require more leverage to really make money in the market. It's not true. Yes, it can help you get more profits from those smaller moves. Yes, it is really beneficial if you have a proven strategy. If you are still coming to grips with trading or you're fairly new and you haven't achieved consistency and profitability yet, focus on lower leverage. What it will actually do is make you focus on long term goals. Focus on the process this giving you more sustainability in the market and therefore more maturity.
CHOOSE THE RIGHT LEVERAGE
Choosing the right leverage is a very important step in Forex trading. You can be tapered in by fancy numbers and big brokers trying to get you in, Or, you can realistically dive into what it is you actually need and what's going to benefit you more in the future. There's no right answer to how much leverage you need each strategy in each individual require different things, but what I will do is share some tips and some knowledge on how to choose the right one that benefits you.
1. Always try and maintain the lowest leverage you possibly can for your strategy. If you manage to pull it right the way into where you can only just open the positions on the risk you have allowed yourself, and you can't open more than, lets say three positions, what you actually do is limit yourself to focus on only the good positions. You've prevented over trading from occurring and you can really focus on your risk management.
2. When you open positions or you talk about opening positions instead of going to people saying, "yes, I opened 0.35 lots." Use the actual dollar value when you open a 0.35 lot position. Instead, say "I opened a $35,000 position." Talking in that language that you have placed your bets with $100,000 or $1,000,000 will make you realize how much risk you're actually exposing yourself to and the capacity of what it is you are trading.
3. Limit your overall risk, at absolute Max, I risk 0.25%. This allows me to go into large drawdowns and it not be an issue. I can still manage it accordingly in it actually keeps me nice and calm and focused on the analysis rather than the running profit and loss.
The bottom line is selecting the right Forex leverage depends on the traders experienced risk tolerance and comfort when operating in the market. You want to ensure that it's not out there to harm you, but rather it's there to help. You do not want be trying to get really high leverage so you can make large profits, when you know realistically, there is no evidence to prove that you will make those high profits. Start small, gain consistency, gain exposure and gain experience, and then you can start looking to expand your equity and buying power.