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Big Time $BigTime #BigTimeCrypto traders and so called investors still have not changed much from last cycle. Everyone wanted to APE into this at $0.47-$0.67 and wait for retest of $1 and or talking about WHEN $3-$5. BUT no one wants it at $0.17 LOL THIS is why most of you are #NGM BUY the RED and the FEAR. NOT the GREEN and the GREED. If you ever wanted to follow early to accounts that stay in the game and up with what's going on and wish you made a appearance with them prior to them being bigger followings etc. this is a great opportunity lol with me, my larger OG account I've spent the last several years and all through the bear building was killed by X and now I'm starting over from scratch. I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame. I think that this can really help speed up learning for many and to open their minds to variables. As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so. Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders. I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have. For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms. Everyone stay safe and trade wisely and be careful with leverage in these uncertain times.
COINBASE:BIGTIMEUSD
by rarebreed29
1
$Wolf #LandWolf on $AvaxDon't be fooled by incorrect contracts and many fake versions of this. The true wolf on CRYPTOCAP:AVAX can be traded on @mexc and many other places but do your due diligence and make sure you're not buying some fake version as there are many. This is part of the #BoysClub much like $Andy CRYPTOCAP:PEPE $Brett The true NYSE:WOLF is on the red chain on @Avax I think it will be an easy 3-5x for semi confident and decent traders. I think IMO it will be an easy 10x+ for more skilled traders and traders with greater conviction in their plays and the cycles and how they work. IMO we are back into great DCA areas and even decent entries for those that like to buy and walk away i.e. set it and forget it. I've sold and bought on these lines/ranges given MANY times this cycle and made great profits each time. besides liking the overall ticker, lol i think it's one of the better priced mkt. values still of quality (if you want to call any meme such) coins left in the markets that are established. I myself continue to make this play and have had great success with it this cycle. Hopefully this chart is of some use to someone out there looking for info on this ticker. Only you can decide which coins you trade as well as which chains they are on. You'll also find versions of most coins on CRYPTOCAP:SOL NASDAQ:BASE CRYPTOCAP:ETH etc. CRYPTOCAP:PEPE also exists on many other chains and under many various contracts. Some do well, some do phenomenal, some don't do much at all besides make you exit liquidity. I like my NYSE:WOLF on CRYPTOCAP:AVAX and trade it on Mexc which has worked for ME. I didn't run this exact one on multi time frames in same post if someone wants, they can request and I'm happy to repost it. I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame. I think that this can really help speed up learning for many and to open their minds to variables. As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so. Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders. I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have. For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms. Everyone stay safe and trade wisely and be careful with leverage in these uncertain times.
by rarebreed29
Phala $pha #pha #phala $phalaPhala has been trying to show strength and bounce back during this correction and if it can stay above the $0.19 range it may just be a nice setup for going back up higher. Old resistance from back in February 2023 are now trying to act as new support. This also coincides with levels from February & March of 2022. Further giving added structure to this idea. IF we lose the $.19 level, we have major Support levels at $0.10 & $0.08 We are currently below the SMA 9 & 50 as well as the EMA 20. My next level of focus from the bands will be the SMA 180 which currently is in the $0.145 range. This project in the last bull cycle topped out in the $1.40 range so there is a LOT of possible upsides to this project if and when this cycle tops out and or if we worst case scenario just had a very early cycle rare Triple top and alt season ius over (doubtful) Great entries for the next cycle. This project IS building still and has all the right narratives going forward with all the right upcoming hype. I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame. I think that this can really help speed up learning for many and to open their minds to variables. As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so. Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders. I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have. For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms. Everyone stay safe and trade wisely and be careful with leverage in these uncertain times.
by rarebreed29
XRP Analysis: Waiting for MovementThe chart illustrates an important global pattern observed on the monthly timeframe. Primarily, my bias is towards a downward trajectory, driven by a significant area of FVG (imbalance) below that has a magnetic pull on price. One approach involves viewing trades within a triangular space at the corner marked by the blue line, using a clamping effect. However, it is critical to recognize the inherent risk of potential liquidity dumps on both sides. A more conservative strategy involves aligning trades with the prevailing trend. This entails waiting for the pattern to move beyond its boundaries, allowing it to consolidate with confirmed signals before trading.
BITSTAMP:XRPUSD
by truepersonal
🏔️💰 Avalanche (AVAX) Weekend Analysis📉 Technical Overview: Support Test: AVAX tested the bottom of the range resistance level at approximately $38.50. Support Level: $38.50 now functioning as a support level. Plan: Consider entering a spot long trade if there is another test of the support level. 💡 Profit-Taking Strategy: Target Resistance: Aim to target the next resistance area between $50.00 and $52.50. Stop-Loss Placement: Well-defined stop-loss set just below the minor support level at $36.00. Risk Management: Protect the trade from significant downturns and keep losses within acceptable limits. 🔄💼 Note: Stay vigilant for potential developments that might impact AVAX's price movement. 📈💡 #Avalanche #AVAX #TechnicalAnalysis 💻📊
Long
by Richtv_official
1
BCHUSD is potentially poised for a substantial price upswingBINANCE:BCHUSD BCHUSD (W) BHCUSD may have a strong price increase coming up. Waiting for confirmation of price and volume explosion! Following the preceding abrupt surge in price accompanied by elevated volume, BCH has undergone a correction spanning over 30 weeks, characterized by diminishing volume and price consolidation. The signal from the MA20 line consistently aligns with the evolving price dynamics. Is it plausible to anticipate the occurrence of High Volume, accompanied by a substantial surge in price amplitude within this digital currency? Follow us and read my status to follow more forexsignal !
BINANCE:BCHUSDLong
by VNSmartMoney
2
Crypto Market's Time to Shine: ETFs and the Road AheadHello, traders! The past week brought some fascinating developments, and I've decided to share my insights and pose a question regarding the recent news. Let's start. In the world of futures ETFs, these financial instruments offer investors the chance to speculate on the price movements of assets like oil or Bitcoin, all without having to possess the underlying asset itself. I can't emphasize this enough – you're betting on the price action, not the asset. Now, let's talk about these future ETFs. They may seem like nothing more than paper contracts, with no direct influence on the spot price of the asset. But here's the kicker: they do wonders for Ethereum's visibility and reach in the market. Moving on to our next point: Ethereum's journey into the ETF realm puts it in fierce competition with Bitcoin for a coveted Spot ETF approval. The race is on, with a queue of filings already forming. Just a short while ago, Grayscale made a significant move by filing to convert their massive $5 billion Ethereum private trust ( OTC:ETHE ) into an ETF. That's a big deal, folks. But here's the thing to remember: while Ethereum ETFs are gaining momentum, the Bitcoin ETFs have been in line for quite some time. We all know that Spot ETFs are the ones that truly matter in this game. So, when can we expect a Bitcoin Spot ETF? Chances are, it's coming soon. Just last week, Congress sent a clear message to Gary Gensler, the SEC Chair, demanding an end to the discrimination against Bitcoin ETFs. They urged Gensler to approve a Spot Bitcoin ETF, arguing that it would protect investors. With BlackRock and Congress throwing their weight behind this, the SEC can't procrastinate indefinitely. That's why we believe that a Bitcoin Spot ETF might arrive sooner than later – possibly even within this year. Keep in mind that the SEC is set to make decisions on seven filings this month. And if they decide to delay, they'll still need to give a final verdict on nine more filings by March 2024. It's highly unlikely that they'll reject all of them. So, in all likelihood, we'll see a Bitcoin Spot ETF by March 2024 at the latest. And once that milestone is reached, an Ethereum Spot ETF might be the next big thing. Now, let's talk about why the crypto and web3 space is looking exceptionally bullish right now. We've got a Bitcoin Spot ETF approaching, backed by BlackRock and Congress. Ethereum is getting a boost from futures ETFs, pushing it further into the traditional finance realm. The macroeconomic environment is improving, and historically, October and November have been bullish months for crypto. Adding to the excitement is the upcoming Bitcoin halving scheduled for April 2024. It's a combination that makes this an incredibly enticing time to be in the markets. Oh, and did I mention that BlackRock is in the running for the Spot Bitcoin ETF? They wield control over a staggering $10 trillion in assets and have a track record of 575-1 for getting ETFs approved by the SEC. So, traders, what are your thoughts on this exciting future?
Education
by Ingwina
2
Volume indicators. How do they work? Hello, traders! Today, I would like to talk about indicators and how you can utilize it in your trading journey. On Balance Volume The indicator is calculated cumulatively – the current value is determined as the sum of volumes over previous and current periods of the price chart. The sign is taken into account during summation: if the price increases during the period, the volume receives a positive value; if it decreased, the volume receives a negative value. As a result, traders obtain a tool that reflects the accumulation of long positions (indicator rises) or short positions (indicator falls) in trading. The indicator generates signals that anticipate movements in relation to the price chart. Its significant movements effectively confirm trends in quotes, and divergences with price charts provide signals with a high degree of reliability. Important note: This indicator is practically indispensable during flat market conditions – its growth or decline under these circumstances reveals market intentions, enabling precise determination of breakout from sideways movement and the direction of an impulse. How make to use of this? Utilize divergences as an additional framework indicating potential shifts in the current price trend. Accumulation/Distribution Developed by Larry Williams, this indicator suggests modifying the calculation of the On Balance Volume to account for the contribution of bulls and bears in each period. This involves considering the price movement during the period from opening to the maximum, minimum, and closing prices. As a result, a more precise tool for assessing position accumulation is created, while maintaining the same integral (filtering) properties. It's used in trading just like the On Balance Volume but generates quicker signals. On prolonged trends, the indications of these two indicators exhibit minimal differences. However, during corrections and flat market conditions, the Accumulation/Distribution indicator appears to be preferable. The Money Flow Index (MFI) The Money Flow Index (MFI) proves quite useful for traders familiar with the crypto scene. It serves as a volume-based indicator to assess whether the current temperature is running excessively hot or cold. Operating on such numbers of 0 to 100, the MFI closely resembles the (RSI). It also contains the data volume. When MFI readings surge above 80, it could signal an imminent price reversal, driven by a significant surge in buying activity. On the other hand, when it reaches 20 or even drops below it, we might be witnessing an abundance of selling pressure, potentially indicating oversold conditions. The true allure of the MFI lies in its ability to see divergences – a skill highly appreciated by traders. Divergence depends on the situation when the MFI decides to waltz to a different tune than the actual price movement, providing a potential heads-up for an impending trend reversal. Consider this scenario: Picture a cryptocurrency's price steadily climbing higher, while the MFI, descending from the point of 80 or above, tells a contradictory tale. This wink from the indicator suggests that the price might be gearing up for a reversal performance. Conversely, envision the MFI making an upward turn from the depths of, let's say, below 20, even as the price continues its downward journey. This cunningly indicates a possible upward reversal looming on the horizon – truly a game of market whispers. P/S: Every indicator has the right to thrive in the market, especially in algo trading while you create a network of robots. Among the options I'm fond of in the current market, on the Bitsgap platform, one can set up to take profits based on indicators. Currently, there are two choices: MACD+RSI. Hopefully, they'll introduce volume indicators over time. I'd be delighted to hear about your strategies and experiences with these indicators. Wishing you successful trades, traders!
Education
by Ingwina
1
Mastering Trading with Volume Analysis:Techniques and Tips Hey there, folks! Today, I'm gonna talk about how you can use trading volume to make your trading strategy even better. Previous article you can check by this link: How can trading volume influence your trades? The Momentum Rule: When there's a substantial volume during an upward trend, it will indicate that the next move could potentially continue in the same direction. Stop Volume Levels These are indicators of strong levels where the price is likely to bounce off. You can use them as an initial signal to enter a trade. Typically, a correction happens after the second price movement with lower volume, following the breakout from the volume level. Now, let's talk about horizontal volume. Horizontal volume represents traders' interest in a specific price level based on all the executed trades within a chosen period. Essentially, there are two patterns: false breakouts in various variations and rebounds from levels. There are two scenarios: the price approaches a level and then reverses. In this case, take note of the range where it stalls and determine where to place your stop loss. Usually, it's set behind the bar that serves as a support level. For better clarity, let's go through examples, starting with using the Fixed Range Volume Profile in TradingView. Pattern P: Very often, prices bounce off these profiles. Then, you examine the entry point from the false breakout of the profile. A similar pattern that traded involves a false breakout of the profile followed by a subsequent retest If you're interested in delving deeper into this strategy, I recommend conducting backtests and studying the movement of the assets you've chosen from the profiles. This will help you identify patterns based on your experience. There are countless patterns out there, and what will work for you is what you can break down and analyze effectively on your own. How do you find this article? Share in the comments your experience with working with volume in trading! Always appreciate your subscriptions and likes. Have a great trading week!
Education
by Ingwina
2
ETH/USD possible trading ideaOkay so when we have a look at the chart we can see that the price is not moving much these days. What we can see now is that the price has not gone below a small time frame support now and that we also have a possible ascending wedge happening. I think that this could be a valid ascending wedge because we got at least 3 times that the wedge was touched and did not got crossed. What I am now waiting for is for the price to go back to that wedge and see what it will do then. I think that the price will go above the wedge and then do a retest of that wedge before we get the real big and good pump to the top. I think that this could take a while before we got this and that the big profits could even take longer because we have all of the trading in crypto that is going a little slower then we are used to. So for now it is waiting and just keep an eye out the price to get to the wedge and then wait for the retest before we can enter the trade. If you have any questions, feel free to send me a PM. If you like the idea don't forget to leave a like and feel free to comment your idea for this pair.
COINBASE:ETHUSDLong
by MaBaCapital2
BTCUSDT - SellHello traders! As we can see BTC has stalled and is losing volumes, it doesn't want to go up or down, at this moment it is very important to be patient and wait what will happen next, no need to push opportunities, set your alerts and wait before it rings. Personally, I have alerts set for red selling areas, where I will sell if the price gets there and give a signal on a lower TF! IMPORTANT WARNING: --------------------------------------------------------------------------------------------------------------------------------------------------------- Rebounds from marked zones created by trading positions of large institutions such as banks or various financial funds may not create new HH or LL and therefore it is very important to collect partial profits at least according to these rules. This will help you to keep your equity curve constantly growing and protect your funds from big drops if the price unexpectedly turns against you. But the decision is only in your hands. I personally prefer setting up multiple TPs , here's an explanation: 1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns 2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE 3) 5-10 :1 means bonus money with rest of trade volume (again 25%) Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
Short
by TraderDominik
6
BTCUSDT - SellHello traders, today, after a thorough analysis of bitcoin, I decided to mark out sell zones for you, where I will try to find an opportunity to sell. It is important to realize that we are expecting important news and therefore it is necessary to pay attention to the increased volatility of the market! IMPORTANT WARNING: --------------------------------------------------------------------------------------------------------------------------------------------------------- Rebounds from marked zones created by trading positions of large institutions such as banks or various financial funds may not create new HH or LL and therefore it is very important to collect partial profits at least according to these rules. This will help you to keep your equity curve constantly growing and protect your funds from big drops if the price unexpectedly turns against you. But the decision is only in your hands. I personally prefer setting up multiple TPs , here's an explanation: 1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns 2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE 3) 5-10 :1 means bonus money with rest of trade volume (again 25%) Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
Short
by TraderDominik
2
ADAUSDT - SellHello traders, we are currently in a consolidation and according to the H4 TF, we are still not at any support level that would give me an opportunity to buy and therefore I expect another drop, as you can see on the H1 we are in the sell zone and due to that consolidation I will prepare as soon as I get a sell signal. Good luck with your trading! :) IMPORTANT WARNING: --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Rebounds from marked zones created by trading positions of large institutions such as banks or various financial funds may not create new HH or LL and therefore it is very important to collect partial profits at least according to these rules. This will help you to keep your equity curve constantly growing and protect your funds from big drops if the price unexpectedly turns against you. But the decision is only in your hands. I personally prefer setting up multiple TPs , here's an explanation: 1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns 2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE 3) 5-10 :1 means bonus money with rest of trade volume (again 25%) Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
Short
by TraderDominik