Range trading: Cryptocurrencies as for 17/01/2022Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability).
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 41386
Long position 2
(The price today will not fall below this mark with a probability 95%) 40600
Long position 3
(The price today will not fall below this mark with a probability 99%) 39814
Short position 1
(The price today will not rise above this mark with a probability of 68%) 44439
Short position 2
(The price today will not rise above this mark with a probability of 95%) 45225
Short position 3
(The price today will not rise above this mark with a probability of 99%) 46011
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 3171.33
Long position 2
(The price today will not fall below this mark with a probability 95%) 3091.68
Long position 3
(The price today will not fall below this mark with a probability 99%) 3012.02
Short position 1
(The price today will not rise above this mark with a probability of 68%) 3440.80
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3520.45
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3600.11
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.7375
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.7141
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6907
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.8048
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8282
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8515
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
Rangetrading
GARENTEED BITCOIN FORECAST! (Psychological management post)Do you find yourself checking charts first thing in the morning?
Do you sneak looks at charts when you should be doing something else?
Does your trading impact your mood / make you worry / impact your life like an abusive relationship?
Did you come here for 100% guaranteed price prediction?
I lied in my title. In this post, I will give a Bitcoin forecast BUT if any of the above apply to you, please read through the boring professional trader stuff first - it may save you money but most importantly YOUR HEALTH!
There is no certainty in markets. Given that we have gone through 3 'once in a lifetime' black-swan events in the last 20 years, the unwritten market rule is that the only certainty in markets is that you can not and will never be able to KNOW market direction. Tiktokers and YouTubers screaming for next x1000 altcoin won't tell you this, and yet it is a core foundation of trading. The sooner you grasp this, the sooner your unconscious bias and desire for control will vanish, allowing you to A) trade significantly better and not lose your life savings B) not have your life governed by the emotional impact of trading C) use trading to apply appropriate risk tolerance to other life choices and live a better, more fulfilling life.
I know it absolutely sucks, you just bought a couple of grands worth of crypto cause you thought it would be an easy buck. Now you're down a lot and some guy is ranting about trading being some kind of life therapy?! I'm basically the buddha mate, keep reading you degenerate.
Markets are a very strange alien environment for humans to operate in. While our entire psychological state seeks to address problems by drawing on past knowledge, lessons learnt and observations of others actions dealing with similar situations (after all this has worked for you your whole life), in the market this behaviour is the Achilles Heel of 99% of market participants. It's why you sit and wait day after day seeing an Alt increase in value 10/50/100% then when we finally feel the market has proven itself and you buy - BAM the Alt crashes. Alternatively, it's also why we FOMO in, listen to people shouting HODL, follow YouTubers shilling products and rationalise market movement through reading the news. All of these are drawn from emotional biases learnt over not just your lifetime, but that are hardwired into your very DNA. This is why trading carries significant risk as becoming a profitable trader is not just learning how to trade (that's only 10% of it), it is learning to harness and control the very fabric you are made of and go against EVERY natural instinct in a cold, rational, probabilistic manner.
There are a number of reasons why markets just don't work with our individual psychological state. Some examples are: the price of an asset is the price the herd agrees it MIGHT be worth in the future (name one thing you've ever done in life where you've had to guess what a bunch of unknown participants think will happen to something ONTOP of a million things potentially cropping up during the time between now and then), market makers shift price to areas that are intentionally designed to cause psychological distress to those who are unprepared for potential outcomes, etc etc.
We don't actually need to know any of this because ultimately - Price will go where price will go and, again (say it with me) there is NO CERTAINTY OTHER THAN UNCERTAINTY. And it is with that miserable understanding of the market that I introduce our ray of light, our one and only true unbias friend in the market. Probability.
Casinos are the primary example here. Gambling is also an environment where there is no certainty and so for casinos to become successful businesses, they can't lose more than the people gambling in the casino. Pretty simple. The way they do this is they understand that over an infinite magnitude of games, so long as they have a probability of winning that is over 51% they will make money. The Casino boss doesn't wake up in the middle of the night to check his balance sheet because he knows that the games he chooses to play are in favour of him winning and while he may go on losing streaks to the professional gambler, overall he will win.
The same is true for trading. Supports/resistances, candlestick patterns, technical analysis as a whole and trading strategies are to the trader what the 0 and 00 are to the casino on the roulette table - they shift that probability of winning above 50%. You might get a moonshot everyone once in a while, or you might get lucky accidentally investing at the start of a bull market, but the one thing I can guarantee to you is that if you do not understand the general probabilities behind your trades you will eventually lose all that money. If you are learning this for the first time I'm not going to sugar coat it - it will be a hard a transformative journey that most of you will drop out of - this is the second truth of trading. There is no profitability without probability.
This last one is particularly telling. Trading is EXTREMELY dangerous. Like a gambler, the trader can completely ruin their entire life or cause major psychological trauma by losing a significant % of their money. You are playing with fire constantly and so you MUST use probability to protect yourself, not just to earn money, but to be a healthy trader both financially and mentally.
So now we know we have a guardian angel standing over us, let's apply probability to try and plan for the potential future paths of Bitcoin. (Note: I am not saying predict - anyone that ever says that you should close that post ASAP. This is another super-easy way to filter out information that makes you doubt yourself and your trades, remember we can never predict - all we can do is understand the rough probabilities that things will happen and prepare accordingly.)
The number sections correlate to the numbered sections on the chart:
1: Here we know with hindsight that Bitcoin was trending bullish. In a market, there are only two states it can be in that define the overarching probabilities of price action - "Trending" and "Ranging" (there is a third - Choas - but we don't care about that).
A trend is where the price oscillates bullish or bearish. In a bullish trend, this means the price is more likely to break resistances than supports, and the reverse is true in a bearish trend. Understanding that the 'context' a market is in is a 'trend' means we can gauge that probability favours bullish or bearish trades more than the other and BAM YOU HAVE DONE IT YOU HAVE MASTERED THE 10% OF BEING A TRADER (the rest is applying that knowledge and lol good luck with that impossible task).
2: Here we can clearly see that Bitcoin entered into its second potential market state - a "range"
A range is nothing more than price oscillating between two ROUGH price areas. Within this the enthusiasm of buyers has been met by the supply of the sellers and so price bounces around chaotically, shifting probabilities of price going one way or the other much closer to 50/50 in a choppy, ugly chaotic mess. This is the 'context' where most of those who don't know trading and don't have control over their emotions begin to give away all their easy money won in the trend as they are consumed by shifting emotions that uncertainty provides.
Yet it is combining the two that gives us 'context' of the wider market. Bitcoin is not (I can say this) NOT in a bear market. Probability significantly favours large timeframe (weekly) bullish price action and price needs to drop significantly lower and spend a lot more time there for a bear market or bearish trend to emerge. This is where I introduce the 3rd universal truth of trading. "The trend is your friend". The weight of the bullish trend prior to Bitcoins range gives a statistical probability that price will extract itself to the bullside of the range. Obviously, you can't see that if you are looking at a 15 min/1 hour / 4 hour chart but its clear on the higher timeframes. This means that even within a dynamic where price has a 50/50 chance of bouncing around bullish or bearish, we can still gauge that the overarching probability still remains bullish.
3: With an understanding that the range is tainted bullish and so probability still favours larger time frame bullish movement, we can begin to look for entry points where price offers additional statistical advantages to us - i.e supports and candlestick patterns. Even though that is true, there is NEVER pressure to trade. If the only certainty is uncertainty then here comes our 4th universal trading truth - If you don't trade, you can't lose money. Your focus should ALWAYS be on capital preservation - this is one of the many technics that shifts your bias away from those natural emotional desires to FOMO in as you start seeing the true dynamics of market involvement and not the warpped biases of incorrect untrained psychological mindsets. This means that we do not need to get involved in a trade or add to our position if the probability is not in our favour, and so in a range where probability is 50/50 or slightly tainted bullish or bearish due to prior larger timeframe trends, we still don't NEED to get involved if we know we can increase that probability further in our favour at a later period in time.
So we wait for appropriate price areas that increase our probabilities and combine this with the 'context' that we have established in the above points. In this case, Bitcoin is sat at historic price support (the 41k area) and so this again adds to the probability we have established in the fact that Bitcoins range is tainted bullish to give us a higher chance that if we were to repeat this trade 100 times, more often than not you would make money. We can even add another layer here and wait for a signal that confirms what we think will happen at the support - price reacting off of it. We do this by looking for candlestick patterns. Candlesticks are nothing more than a visualisation of price action over the course of time, and price action is nothing more than a demonstration of the behaviour of market participants. A hammer candle - (I've drawn what one looks like at 3a.) demonstrates that price opened high, sellers pushed price lower but for whatever reason, over the course of the candle buyers came in and pushed the price back up to close the candle near the highs. If this happens in an area of support we can use this as a sort of 'confirmation' that our assumptions about the probability of a trade being in our favour are potentially correct. (NOTE: This is very simplified but the jest of it still applies). So here, as Bitcoin is in a supportive area, in a range that is tainted bullish, if we see a hammer candlestick we can say that "ok price MAY keep going down but I know more often than not price will go up".
And that's it. I know it might be a bit of a letdown or a bit deflating having read through all of this but it really is that simple.
We have assessed that the context of Bitcoin is a range = 50/50 chance of bullish and bearish price action.
We have also assessed that Bitcoin trended bullish prior to the range and so this slightly taints that probability towards Bitcoin extracting itself from the range to the upside.
We have assessed that Bitcoin is on a support area and if we see an appropriate candlestick pattern, that will add to this slight bullish taint in probability.
All of these combined means that Bitcoin will more likely than not reactivate bullish. That doesn't mean it will, and so you should be prepared for that eventuality - i.e by not being too leveraged, by having a stop-loss or even by having a plan - "Dude it's chill the 30k support is still in play, my invalidation/stop is below there and so we still know bitcoin is in a bullish tainted range so I'm not going to panic sell like the herd if 41k area breaks". But crucially going through these steps with each of your trades will start you on your journey to achieving success in trading and controlling the dumb monkey in your brain that wants instant gratification, easy money, to panic sell, to panic buy and that will eventually lose you money.
I have marked down 52k as an area of interest. This would be a higher high on the daily timeframe and so should Bitcoin bounce from these levels and IF 52k is reached, this adds more weight to our probability that Bitcoin will extract itself to the upside from the range. I do not look at lower timeframes most of the time as it's so much more chill looking at only the daily/weekly. Why bother trying to get a 2% swing over the course of the week when I can not check a chart for a week or and, over the course of a few years, catch a 700% swing like we have over the last 2 years.
Thanks for your time.
P.
NOTE: I would not be here without the incredible lessons I have learned from my past teachers. I can not offer the same level of market coverage or substantial knowledge as these guys. I learnt what I know from MarcPMarkets/Goldbug1 at 'Greenbridge Investing' & Phil through 'Pro_Indicators' so go check them out.
PLEASE DO NOT USE THIS POST AS A CALL FOR ACTION. IF YOU ARE INEXPERIENCED, READ THIS AND DECIDE TO OPEN A TRADE THAT IS EXACTLY THE BEHAVIOUR I AM ENCOURAGING YOU NOT TO DO. Go away, learn technical analysis and probability trading, learn a strategy and practise that. Invest in yourself as you aren't investing otherwise.
Range trading: Cryptocurrencies as for 16/01/2022
Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability).
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 41284
Long position 2
(The price today will not fall below this mark with a probability 95%) 40449
Long position 3
(The price today will not fall below this mark with a probability 99%) 39614
Short position 1
(The price today will not rise above this mark with a probability of 68%) 44756
Short position 2
(The price today will not rise above this mark with a probability of 95%) 45591
Short position 3
(The price today will not rise above this mark with a probability of 99%) 46426
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 3149.67
Long position 2
(The price today will not fall below this mark with a probability 95%) 3065.19
Long position 3
(The price today will not fall below this mark with a probability 99%) 2980.70
Short position 1
(The price today will not rise above this mark with a probability of 68%) 3487.42
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3571.90
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3656.39
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.7365
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.7121
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6877
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.8179
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8423
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8667
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
Range trading: Cryptocurrencies as for 15/01/2022Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability).
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 41226
Long position 2
(The price today will not fall below this mark with a probability 95%) 40410
Long position 3
(The price today will not fall below this mark with a probability 99%) 39593
Short position 1
(The price today will not rise above this mark with a probability of 68%) 44717
Short position 2
(The price today will not rise above this mark with a probability of 95%) 45533
Short position 3
(The price today will not rise above this mark with a probability of 99%) 46350
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 3130.71
Long position 2
(The price today will not fall below this mark with a probability 95%) 3044.71
Long position 3
(The price today will not fall below this mark with a probability 99%) 2958.70
Short position 1
(The price today will not rise above this mark with a probability of 68%) 3492.84
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3578.84
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3664.85
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.7302
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.7064
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6826
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.8169
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8407
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8645
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
EURUSD on a long side range move 🦐 EURUSD on the 4h chart is trading in a range between 2 structures for a long time.
The price is approaching the upper structure and according to Plancton's strategy IF the market will break above and satisfy the Academy rules we will set a nice long order.
––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Range trading: Cryptocurrencies as for 14/01/2022
Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability).
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 40857
Long position 2
(The price today will not fall below this mark with a probability 95%) 40046
Long position 3
(The price today will not fall below this mark with a probability 99%) 39236
Short position 1
(The price today will not rise above this mark with a probability of 68%) 44406
Short position 2
(The price today will not rise above this mark with a probability of 95%) 45216
Short position 3
(The price today will not rise above this mark with a probability of 99%) 46027
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 3079.54
Long position 2
(The price today will not fall below this mark with a probability 95%) 2993.80
Long position 3
(The price today will not fall below this mark with a probability 99%) 2908.05
Short position 1
(The price today will not rise above this mark with a probability of 68%) 3426.64
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3512.38
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3598.13
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.7268
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.7030
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6791
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.8134
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8572
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8611
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
NATGAS looking up 🦐NATGAS on the 4h chart tested a few times the bottom structure.
The price is now moving to the resistance structure and according to Plancton's strategy IF the market will break above and satisfy the Academy rules we will set a nice long order.
-----
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Range trading: Cryptocurrencies as for 13/01/2022Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability).
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 42043
Long position 2
(The price today will not fall below this mark with a probability 95%) 41212
Long position 3
(The price today will not fall below this mark with a probability 99%) 40381
Short position 1
(The price today will not rise above this mark with a probability of 68%) 45476
Short position 2
(The price today will not rise above this mark with a probability of 95%) 46307
Short position 3
(The price today will not rise above this mark with a probability of 99%) 47138
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 3175.06
Long position 2
(The price today will not fall below this mark with a probability 95%) 3087.97
Long position 3
(The price today will not fall below this mark with a probability 99%) 3000.88
Short position 1
(The price today will not rise above this mark with a probability of 68%) 3526.70
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3613.79
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3700.88
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.7522
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.7287
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.7052
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.8356
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8591
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8826
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
Range trading: Cryptocurrencies as for 12/01/2022Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability).
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 40923
Long position 2
(The price today will not fall below this mark with a probability 95%) 40071
Long position 3
(The price today will not fall below this mark with a probability 99%) 39218
Short position 1
(The price today will not rise above this mark with a probability of 68%) 44524
Short position 2
(The price today will not rise above this mark with a probability of 95%) 45376
Short position 3
(The price today will not rise above this mark with a probability of 99%) 46229
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 3052.32
Long position 2
(The price today will not fall below this mark with a probability 95%) 2962.09
Long position 3
(The price today will not fall below this mark with a probability 99%) 2871.86
Short position 1
(The price today will not rise above this mark with a probability of 68%) 3427.83
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3518.06
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3608.29
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.7301
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.7039
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6778
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.8162
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8424
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8685
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
Range trading: Cryptocurrencies as for 11/01/2022Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability).
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 40278
Long position 2
(The price today will not fall below this mark with a probability 95%) 39404
Long position 3
(The price today will not fall below this mark with a probability 99%) 38530
Short position 1
(The price today will not rise above this mark with a probability of 68%) 43687
Short position 2
(The price today will not rise above this mark with a probability of 95%) 44561
Short position 3
(The price today will not rise above this mark with a probability of 99%) 45435
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 2916.07
Long position 2
(The price today will not fall below this mark with a probability 95%) 2827.32
Long position 3
(The price today will not fall below this mark with a probability 99%) 2738.58
Short position 1
(The price today will not rise above this mark with a probability of 68%) 3265.81
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3354.56
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3443.30
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.6997
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.6730
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6463
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.7849
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8116
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8382
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
NAS100USD can move to the 15000 🦐NAS100USD on the daily chart is trading within a range between 2 structures.
The price is now close to the lower one near to a trendline.
According to Plancton's strategy IF the price will break below and satisfy the Academy rules we will set a nice short order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Range trading: Cryptocurrencies as for 10/01/2022
Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability).
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 40164
Long position 2
(The price today will not fall below this mark with a probability 95%) 39263
Long position 3
(The price today will not fall below this mark with a probability 99%) 38363
Short position 1
(The price today will not rise above this mark with a probability of 68%) 43662
Short position 2
(The price today will not rise above this mark with a probability of 95%) 44562
Short position 3
(The price today will not rise above this mark with a probability of 99%) 45463
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 2971.04
Long position 2
(The price today will not fall below this mark with a probability 95%) 2880.55
Long position 3
(The price today will not fall below this mark with a probability 99%) 2790.05
Short position 1
(The price today will not rise above this mark with a probability of 68%) 3337.35
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3427.84
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3518.34
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.7078
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.6807
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6535
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.7984
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8256
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8527
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
Range trading: Cryptocurrencies as for 09/01/2022Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability).
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 40054
Long position 2
(The price today will not fall below this mark with a probability 95%) 39161
Long position 3
(The price today will not fall below this mark with a probability 99%) 38268
Short position 1
(The price today will not rise above this mark with a probability of 68%) 43514
Short position 2
(The price today will not rise above this mark with a probability of 95%) 44407
Short position 3
(The price today will not rise above this mark with a probability of 99%) 45300
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 2927.77
Long position 2
(The price today will not fall below this mark with a probability 95%) 2839.75
Long position 3
(The price today will not fall below this mark with a probability 99%) 2751.73
Short position 1
(The price today will not rise above this mark with a probability of 68%) 3277.05
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3365.07
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3453.09
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.7050
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.6762
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6475
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.7952
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8239
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8527
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
Range trading: Cryptocurrencies as for 08/01/2022
Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability).
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 40072
Long position 2
(The price today will not fall below this mark with a probability 95%) 39171
Long position 3
(The price today will not fall below this mark with a probability 99%) 38270
Short position 1
(The price today will not rise above this mark with a probability of 68%) 43729
Short position 2
(The price today will not rise above this mark with a probability of 95%) 44630
Short position 3
(The price today will not rise above this mark with a probability of 99%) 45531
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 3030.69
Long position 2
(The price today will not fall below this mark with a probability 95%) 2941.61
Long position 3
(The price today will not fall below this mark with a probability 99%) 2852.54
Short position 1
(The price today will not rise above this mark with a probability of 68%) 3396.53
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3485.61
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3574.68
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.7213
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.6913
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6613
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.8149
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8449
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8749
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
BTC constantly rejected by descending EMAsHello guys, as mentioned in previous posts, Im just a day trader showing my ideas, do not take this as financial advice, always do your own research (DYOR).
In previous ideas I talked about how BTC was struggling to get past the 48k resistance, suck in a range between 48k and 46k.
We expected some downturn, which we got, and we are now trading in the low side of that range at the border of 46k.
At the same time, we can see that the 600ema, 200ema, and 100ema are closing in, and we can see how price reacted with them in the past (Specifically how the 600ema rejects every attempt to break the downtrend), so we can safely say we are in a ranging downtrend, with the ceiling closing in.
Things are not looking bullish short term for the pair, and I expect the local support that spanned through 46.5k to 47.5k to turn into a local resistance. We can also see the formation of a descending triangle in the 5min and 15min charts, which would suggest a sharp turn to the downside after a few cycles (However BTC rarely follows candlestick patterns).
In my opinion, we're revisiting lows, either in a couple of hours or after ranging for a few days in this lower band (46.5k to 47.5k).
Im personally looking into entering a LONG position once we are clear of this range, which, more likely to the downside, at 42k.
Again, this is just an idea, DYOR.
Any feedback is apreciated.
CHESSUSDT is ranging between Daily StructuresCHESSUSDT is ranging between daily structures. IF the price is going g to have a breakout from the daily resistance, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
ROSE - would you buy here?So, ROSE did 90% in 11 days and is already showing signs of rejection exactly at HTF range high. It is a good buy, right? KEKW
Alright, back to being serious.I am seeing potentional cup and handle pattern or double top.
I will be watching for bounce from 0.36-0.38 or rejection there - MARKET will soon tell us, I got a feeling :D
I tried to draw some projections of both scenarios - do not expect it to play out in exact sample, but somehow similarly.
OR I might be completely wrong and we make $1 - just sharing my POV. Cheers :)
AUDUSD breaking the range 🦐AUDUSD on the 4h chart is trading in a range between the weekly structure and the 4h resistance.
According to Plancton's strategy if the price will break above and satisfy the ACADEMY rules we can set a nice long order.
–––––
Follow the Shrimp
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
EURUSD can move higher? 🦐EURUSD on the daily chart is consolidating between 2 structures.
The price after the recent low at the 1.12 area retraced at the 0.786 Fibonacci level and is now moving to the resistance structure.
According to Plancton's strategy IF the price will break above and satisfy the ACADEMY rules we will set a nice long order.
––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
USDCHF can move lower? 🦐USDCHF after the recent high started a range between the support area and the 0.5 Fibonacci level.
The price is now moving below the lower support and according to Plancton's strategy IF the market will satisfy the ACADEMY rules we will set a nice short order.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.