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🔥BITCOIN INDICATOR THAT MAKE +989% PER LAST BTC CYCLE🔥 Hi friends! Today I will tell you about a rather interesting approach that I myself sometimes use to determine the best price for buying cryptocurrency.
This approach is based on the well-known technical indicator (RSI) with custom settings. As you can see on this chart, it almost perfectly shows the bottom of the market (green bars).
In recent years, you can get the following results:
1. 2018 - 251%.
2. 2020 - 989%.
3. 2022-2023 - the indicator has just reached the bottom
Even better results can be obtained by looking at 2015, when Bitcoin was just starting its bull market.
📊 DOES THIS INDICATOR WORK, BECAUSE IT HAS ALREADY SHOWN 3 SIGNALS?
Any Indicator is an additional filter that allows you to filter out unnecessary "noise" from the market. Thus, the indicator shows that Bitcoin is now extremely oversold (fear among investors).
I am sure, if not for the FTX crash, it would have shown a great result the third time. But friends, no one can buy any asset perfectly at the bottom. You can buy close to the bottom, which is what this indicator tries to show.
📊 TRADING PLAN FOR BITCOIN
Most likely, Bitcoin should fall to 12-13,000 after local growth to 17,500-18,000. This will happen due to the lack of inflow of new buyers (money to the crypto market).
🚩 When can the inflow resume? After the end of the Federal Reserve rate hike.
Also, a scenario with growth to 32,000 is possible, but only in the case of good macroeconomic forecasts to warm up the "public" and encourage it to buy more crypto.
✅ If you are interested in indicators trading, I recommend you subscribe to the @Kraskovlog . Yaroslav is the founder of the Greenwich trading system and has developed many surprisingly effective indicators (Pump Tracker, Whale Detector, Greenwich etc.) which can far outperform most traders in terms of profitability. Enjoy it!
Traders, what do you think about the start of the 2023 year for crypto? Are you bullish or bearish? Write your thoughts in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🔥🚩DOT WILL MAKE IT AFTER THE FALSE BREAKOUT❗🔥 Hi friends! DOT is making a pullback after the false breakout of $5.7 key level. All these movement is highly expected, because BTC also make a false breakout of the local highs and fall from $17 000 to $16 600 today.
✅ Remember that 99% of all the altcoins follow BTC!
📊 Now I have the next trading plan for DOT:
🔥 false breakout of the current $5.22 key level
🔥 volume growth which confirm the pressence of the whales
🔥 bullish BTC is a must have for the altcoins grow
🚩 I think that after this local correction and the pullbacks, DOT have a strong chances to reach the next targets:
1. $5.7-5.9 - the closest value area which become the resistance
2. $6.2-6.5 - big value area, huge resistance for the price
3. $7.4 - the local highs and key level
Traders, remember to book the profit by parts. I recommend you to book at least 65-70% when the price reach the 2nd target.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
✴️ Shiba Inu Early Call (60%+ Potential Short-term)I am calling this an early call because you can't really tell that Shiba Inu (SHIBUSDT) is about to go up by looking at the chart, the signals are just not there...
Or, if you look deep enough or have experience you can find some.
For example, the 20-Dec candle closed as a hammed with a perfect -9 on the TD Sequential.
At the same time on this day a new low was hit on low volume.
We have two reversal signals mixed with a weakness signal.
Low bear volume on a new low spells weakness on the bear side.
These are early signals because prices still remain trading below EMA10... We are spotting a reversal though, a change of trend.
We also have a reversal pattern and our beloved Dogecoin (DOGEUSDT) already going up.
We looked at Bitcoin, Jupiter, the SPX, Tether Dominance and everything points to some potential growth.
I sound like a broken record but these are early signals, this means that within hours things can change... But being early can be a blessing when it comes to potential gains.
Let's see how it goes.
Low risk (5% stop-loss) with high potential for rewards (60%+ target).
Namaste.
🔥ETH, FTT, XRP AND OTHER ALTS MAY CRASH AND HERE'S WHY🔥 Hi friends! The US Commodity Futures Trading Commission (CFTC) in the documents in the FTX case called BTC, ETH and USDT commodities. But SEC has already qualified the utility-token of the FTX exchange, FTT, as a security.
🚩 Let me remind you that the SEC is in favor of the recognition of XRP tokens as securities and soon a court decision should be made that will become a precedent. This means that most cryptocurrencies can be recognized as securities.
Of course, this news can lead to a dump in the crypto market.
It is worth noting that earlier the chairman of the US Securities and Exchange Commission (SEC) Gary Gensler stated that Bitcoin is the only crypto that can be defined as a commodity , and the rest are securities.
✅ In general, it is clear that the SEC and CFTC did not come to a common agreement, so the court decision on Ripple and the FTX case may not be obvious.
Good news for traders because usually on such decisions you can get good volatility in the market and can make 10-20 RR on your trades.
📊 WHAT ABOUT ETH TECHNICAL PICTURE? Now I expect the pullback on ETH as it is shown on the chart to collect more long traders sl. After that the growth to the closest value area of $1265-1277 is the most probable target.
📊 TRADING PLAN FOR ETH:
🔥 pullback down with sl collection (volume growth on the lower timeframes confirms it for you)
🔥 DOM and Footrpint scalping indicators show the whales' orders to buy or to sell, so we have a possibility to enter a trade with the big guys at the same time
🔥 bullish BTC
✅ THE LONG TARGETS FOR ETH:
1. $1265-1277 - the value area
2. $1353 - the key level
Traders, what do you think about the SEC decisions and altcoin future? Will it DUMP or everything will be OK and crypto continue its growth? Write your thoughts in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🔥FTM: OPEN TWO PROFITABLE TRADES USING ONE TRADING PLAN🔥 Hi friends! FTM is looking stronger as the most altcoins during last 2-3 month. It's skyrocketing even before FTX start to crush. Now we see the local pullback because of BTC pullback and the false breakout of key level $0.2614.
SHORT. I think that FTM can make at least one pump before return to $0.22-0.23 value area which is HUGE SUPPORT. The final pump above the key level of $0.26 force the retailers to buy. They also become the fuel🔥 for the dump.
🚩 The volumes should increase that show you pressence of the whales who selling their holdings to retailers that buy on PUMPs.
✅ THE TARGET FOR SHORT IS THE CLOSEST AND BIGGEST VALUE AREA OF $0.22-0.23.
LONG. You can open a long trade on the same false breakout of the local level. I have marked for you on the chart the most possible scenario according to which this trade deal can be opened.
🚩 Always pay your attention to the volume indicator. It helps you to see where the big guys sell and buy crypto.
🔥 Personally I use DOM and Footprint scalping tools that help me to trake the real whales orders in live. I have a lot of study materials and videos about this indicators.
✅ THE TARGET FOR FTX LONG WILL BE THE KEY LEVEL $0.26, BUT CAN BE CHANGED ACCORDING TO THE BTC MOOD.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🔥🐳WHALES ARE ALREADY IN: SHOW YOU THE BEST ENRTY POINT FOR SOL🔥 Hi friends! A lot of traders already forget about SOLANA at a time when whales acumulate this altcoin.
The price spend almost 2 month in $13-14.5 accumulation range. Adittionally, we see the huge liquidation volume which was "absorbed" by the whales. I think that this is a good chnce for traders to make money on PUMP, when no one wait for it.
📊 THE TRADING PLAN FOR SOLANA:
🔥 breakout of the $13-14 accumulation (value) area
🔥 test this area as support (white rounds)
Usullay this test happen 2 times: right after the breakout and after growth by 10-15% on a pullback
🔥 bullish BTC is a must have for any altcoin
🚩 I use DOM and Footrpint scalping tools to track the large buy/sell whales orders. These info help me to make the right decisions. DOM and Footprintcan add almost +20-30% to your profitability if you know how yo use it.
Personally, I made a lot of articles and videos about it. Enjoy!
✅ MY TARGETS FOR SOLANA:
1. $16 - key level
2. $19-20 - the key level local highs and even number
Be careful when Solan comes to the first target. There is a lot of liquidity in this area. Short traders put their stop losses in such places. When liquidity collects above the value area, the price may reverse and go the other way, so pull up your stop losses.
Traders, what is your thought on SOLANA? Are you aready forget about this altcoin? Write about iy in the comments.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🔥DOGECOIN IS MAKING A PULLBACK BEFORE THE PUMP❗🔥 Hi friends! The double false breakout of the $0.108 key level force DOGE to make a pullback to accumulate more power. The whales need to accumulate more coins before the next pumps and overleveraged long traders give them this opportunity. We also need to enter this trade in time to get nice RR!
📊 THE PRECONDITIONS TO OPEN A LONG:
1. the price should reach $0.84-0.89 value area which will become the support for the price
2. false breakout of the $0.93 key level which mean the pullback from the value area and close above the key level
3. volume growth that confrims the whales purchases
4. bullish BTC is a must have for altcoins grow
🚩 I will use DOM and Footprint scalping toold instead of volumes, because I can see the real whale orders during the trading session, This indicators help you to increase your win rate by 25-30% just following the big guys.
✅ THE MAIN TARGEST FOR DOGE:
🔥 $0.108 - the key level
🔥 $0.125-0.13 - the closest value area
🔥 $0.16 - the key level
And remember to book the profit when the price reach each of the targets. Trading is about making money.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🔥ETH: the best entry point to enter long before $1500🚀🔥 Hi friends! I'll show you the best entry point fot ETH if you still not open your longs!
📊 MY TRADING PLAN FOR ETH:
1. pullback to the $1203-1230 value area
2. volume growth which confirm us the liquidation of traders on the pullback
3. false breakout of the local low (white round) which apear after the pullback to the value area
4. bullish BTC is a must have
🚩 Growing ETH is important because it's the main indicator of alts growth. ETH is an "indicator" of the altseason.
The liquidity gaps are place where were no orders, so the price can easilly break these areas. I marked the 2 biggest liquidity gaps (1,2) for you.
✅ THE 4 MAIN TARGETS FOR ETH:
🔥 $1310 - the key level
🔥 $1350 - the key level and local high
🔥 $1426 - top of the 1st liquidity gap
🔥 $1500-1550 - 2nd liquidity gap
✅ I hope that we will see the local pullback at DECEMBER so I add the mid-term targets too. What are your thoughts?
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🔥THE BINANCE FUD: IF THIS HAPPENS, NO ONE WILL SURVIVE🔥 Hi friends! I don't want to share the FUD, so in this idea we will talk only about the facts and my trading plan for you.
📊 TIMELINE:
1. U.S. Attorney's Office May Charge Binance with Sanctions Violations - Reuters
2. Binance already denies report of possible U.S. Justice Department charges.
3. "smh, some media are still working for..." CZ said, most likely referring to the SBF.
The case is only gaining momentum, but here is what I want to note. Binance is the largest cryptocurrency platform. The exchange occupies about 56% of the entire cryptocurrency market. If something serious happens to Binance, it will be bad for all players in the market, including the main crypto Bitcoin.
🚩 After the collapse of FTX, it has almost no competitors left, so Binance can be considered a monopoly or the most reliable player depending on your point of view.
📊 TRADING PLAN FOR BNB
Since Binance responded very quickly to the allegations and opened all correspondence with Reuters journalists, I believe that this case will end well for Binance.
🚩 I would pay more attention to inflation data and rate hikes tomorrow and the day after tomorrow. This will have a bigger impact on the crypto industry in the medium term. The market expectation is a 0.5% rate hike.
🔥I think this scenario is the most likely:
1. local Binance Coin rebound
2. false breakdown of the key level, which was formed after this fall
3. growth of volumes during the false breakdown
4. bullish Bitcoin, which will definitely be if the Fed rate is raised by 0.5%
✅ THE MOST POSSIBLE TARGETS:
🔥 $320 - the key level
🔥 $360 - the key level and local high
Traders, what do you think about THE BINANCE FUD? How much longer will it continue and does this news mean that Bitcoin is already close to its bottom? Write in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🔥🚩POINT OF CONTROL: THE MOST USEFUL TOOL FOR TREND TRADER🔥 Hi friends! Point of control is a part of volume profile indicator and very useful tool to identify upcoming BTC or any other asset move. I will explain you how to use this tool in your trading and make a good profit in this idea.
💹 Horizontal Volume Indicator or Volume Profile is a simple indicator that helps to identify: value areas (support or resistance zones), points of control and liquidity gaps.
📊 HOW TO USE POINT OF CONTROL
Point of control (red line on the chart) is the place of the largest accumulation of liquidity. We can say that this is the place of "the biggest battle between bulls and bears":
🔥the point of control becomes a resistance in case of "bears' victory" and crypto start to fall
🔥the point of control becomes a support in case of "bulls' victory and crypto start to grow
🚩 When one of the sides wins the "battle", this is the best time to enter the trade in short or long.
✅ No matter how complicated this tool looks, it is very easy to use:
1. extend the volume profile indicator from the lows to the highs. The indicator automatically shows the largest accumulation of liquidity showing POC (red line).
2. wait until the price tests the POC as support or resistance . From time to time the price can consolidate directly on the POC, which indicates the "battle" of long and short traders.
Pay attention to the chart. I have selected for you 4 cases of using POC on the volume profile:
1. Bitcoin just touched the POC at $39,700 and bounced up 72%.
2. the price tested the POC as resistance at $61,100 after which the price fell by 45% from the absolute highs.
3. Bitcoin consolidated around the POC at $39,000 for some time. The price fell by 31%.
4. POC is at the price of $19,150 per Bitcoin. Now you have to expect the price to return to this level and carefully watch the price reaction on POC.
🔥If the POC is tested as resistance , then it is very likely that we will see the level of $13,000-14,000 for BTC.
🔥If the POC is tested successfully as support , then the price will be able to make higher highs and start a bullish trend for Bitcoin. I talked about this scenario in previous ideas.
🚩 HOW TO ADD VOLUME PROFILE INDICATOR WITH POC TO YOUR CHART?
3 steps to add the indicator to your chart:
1. open "prediction and measurement tools" at the left part of chart
2. choose the "Fixed Range Volume Profile"
3. choose the price range from some date till another date.
So now you can see all important value areas and point of control.
✅ Point of control help you to identify the power of bulls or bears on different timeframes and make the right trading decision in the most of cases. Personally, I use this tool effectively for swing trading and scalping as well.
Traders, do use this indicator and such tools as POC in your trading? What is your favorite idicator for trading? Let me know in the comments.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Doge Protocol ($DOGEP) Rising Quickly Quantum Resistant Btc+Eth+Doge multi-fork is about to release its Mainnet code. Things are getting interesting for this ERC-20 & I think it may follow a SHIBAINU-type path dogeprotocol.org Tradable via Metamask 0xe7eaec9bca79d537539c00c58ae93117fb7280b9
Not trading or financial advice! DYOR peeps!
SHIBUSD - Bars Pattern Comparison Comparing SHIBUSD's current recovery formation to a point in BLX (BTC's) history that is quite similar in structure
Both structures contain a double bottom, what's lacking is a strong up move. I have highlighted this move in green.
If this comparison is valid a strong move is coming for SHIB
Regardless this double bottom on SHIB is a great candidate for a reversal point out of this downward slope.
🔥IS SOLANA GOING TO MAKE IT❓TWO POSSIBLE TARGETS❗🔥 Hi friends! Solana is not too volatile after the FTX collapse. But it's mean that any good news will pump this altcoin so high. We need to be well prepared in this case.
The bulls have no power to brake the $13.3-14.5 value area, so the price make a pullback and going to reach the $12.8 key level soon.
📊 THE TRADING PLAN FOR SOLANA:
1. the false breakout of the $12.8 key level
2. volume growth
3. squeeze to the trendline
4. bullish BTC is a must have for the altcoins grows
🚩 We can enter a long after just the false breakout which is strong buliish signal, but i recommend you to reduce the risks.
✅ MY TARGETS FOR SOLANA:
🔥 $15 - the key level and huge resistance for the price
🔥 $19 - the key level and local highs
Traders, what do you think about Solana? Will it have the chance to survive this bear market? Write your thoughts in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
🔥✅ATOM IS GOING TO MAKE +40% AFTER THE FALSE BREAKOUT❗🔥 Hi friends! ATOM is a highly volatile altcoin. What could be better than volatility for traders? But there are no huge pumps since the FTX crash.
✅ I can assume that after this false breakouts and pullbacks, ATOM show us all it's strength.
📊 Here you have 2 option to open a trade:
1. the first one is after the false breakout which is more profitable and more risky.
2. the second is during the squeeze to the trendline. Less profitable and less risky.
🚩 I will keep you informed as soon as there is a good opportunity to enter.
✅ THE MOST POSSIBLE TARGETS FOR ATOM:
🔥 $11 - the key level
🔥 $12.75-13.3 - the value area
🔥 $13.8-14.6 - the value area
Traders, remember to book the profit by parts. I recommend you to book at least 75-80% when the price reach the 2nd target.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.