Tutorialscrypto
Important orders in the market : Section 1Hello, I hope you are well
This is the part of price action that allows entry and exit to positions.
Here the sequence of emergence of important resistances/supports, continuation of the trend and accumulation of liquidity is specified
When we have an important node from which strong falls occur and after hitting support/resistance, the price returns to this node, if it does not reach the node and moves again to the opposite side of the node, we are actually We are creating a liquidity pool. Here we do not enter the position.
To enter the position, we wait until the price of liquidity collects and reaches a node. Here, our stop should be somewhere above the node.
The story is not only that!
When the price reaches the main node, another node is created, which is also important for us. Next, if the price returns to the new node, we expect a swing from the newly formed node, and here again we enter the position with a stop above the new node.
Elliot Analysis on Bitcoin with Tutorial LessonsHi Traders, Hope you Doing Well.
Here we have an analytical and educational article on the future of Bitcoin and also the CryptoCurrencies Trend.
At first, let's have a closer look at BTCUSD Analysis to find what the plan in Greater View. in general, we are in a 5-wave downward trend, which is forming internal micro-waves from the fifth wave right now (on 2-5 is going to be complete to start the next aggressive wave of 3-5)
READ THIS PART TWICE:
HOW TO FIND THE TREND?
** To identify the main direction of the trends, you can easily confirm the movement scenario by observing the candles and their strength in both directions, because falling trends are formed with large candles and with strong bodies, and they cause a large fall in a limited number of candles as shown in the chart with a red circle and in contrast to the current corrective or bullish trends with the number of high candles and small candles and the return of any rise, which can easily confirm the scenario of a corrective wave as shown in the chart with an orange circle.
HOW TO FIND THE TARGETS ?
So now, we are in the middle of correction and This corrective trend can pass up to the range of 50% to 61.8% of its previous corrective wave, it should be a great chance to have a shot at this level (of course if the scenario gets approved by the price)! and this section is match with another level, which will also reach the range of the 2-4 trend line of the previous waves. This marked Fibonacci range is a golden point to confirm the continuation of the bearish trend or the reversal of an uptrend. so we have to watch it carefully.
If the downward scenario is confirmed, the next drop can go lower than the previous floor in September and June, and we will probably have a price reduction down to the price range of 13,000-14,000 dollars, considering the impact of Bitcoin on other cryptocurrencies such as ETH and MATIC which I'll post the technical analysis later today, so BTC can bring down the entire market to lower levels with its price correction movement.
But since this downward trend will be the last possible decrease in this bear market and maybe there won't be any other lower lows than this one so this downward trend can happen very quickly and even faster than what you expect from it, so it should be accompanied by the necessary reactions to purchase assets at low prices in order to hold, To benefit from the next bull run.
SO, WHERE TO BUY
So We have Put our Orders on 13,800 $ & 11,900 $ to maybe if the price gets there we can hunt our Bitcoins,
And Also about the ETH, we had set our orders on 870 $ which can be the same as the last Low for the 1st step.
The analysis of the behavior of major player Part 3Today i want to proceed my sharing of my knowlege about the behavior of large players in the market,
how to notice them and how to use it.
So on this example of BTC we can see the candle that activated those stops of the major players that we talked about in the previous two parts of this tutorial.
This candle staying on the circled zone that we talked about last time.
Look! It is Amazing.
So after this candle we can be sure that the next target is the pump, becouse all stops of the major players it is = BIGGEST BUYS in the market.
Have a good mood
The analysis of the behavior of major player Part 1I would very much like to share with you my knowledge about the behavior of large players in the market,
how to notice them and how to use it.
It's very interesting and in fact you can talk about it for a very long time,
people have been studying these strategies for years.
I will try to explain the simplest first, this will be the first part.
If you look at the chart that I have shown, you will see the level underlined with a blue line, this is it, the stops of a major player, in the event of a breakdown of this level, a major player will exit by stops, which means a sale, since closing by stops for the exchange is tantamount to sale. Thus, at this moment, the price is guaranteed to go further down.😉
It was a first part.
Best wishes.
I will happy to see you in next parts😊
How to avoid getting Rekt with Heikin Ashi + Winning Trades1) Use Volume divergences to your advantage
2) Use Heikin Ashi weak green candles to find high points to short
3) Use dynamic trendlines by finding high + low points of volume to find "Volume breakouts"
Usually volume breakouts can happen before price, and you can predict price trends before they happen.
When to close Long BUY trades with small loss or small profit?
1) Weakness in Heikin Ashi candles upwards
2) Bear Divergences
3) Bear Volume increasing
4) RSI falling underneath the MA and retesting the MA
When to close SHORT SELL trades with small loss or small profit?
1) Bull Divergences
2) Bear Volume decreasing + Big Green Heikin Ashi candle with high volume
Also ^ switch back to normal candles and see if candle is Bull engulfing
3) RSI breaking out over the top of MA
When to Take Profit?
Use the reactive trendline:
When you are short and it turns Green after Shorting, take Profit on Short
When you are long and it turns Red after Buying, take Profit on Long
Steps to invest successfully Hello guys, I hope you liked the video and you learnt something new.
Due the lack of time I didn't have the opportunity to talk in detail about everything I wanted. There are so many things to say and I would love to talk about them for hours.
Still, for any questions regard the video let me know in the comments. I will make sure to make more tutorial videos.
This video is meant to be a learning video and not a financial advise one.
Waiting for Double Top Now | Short | Break StructureSo if we treat & respect as resistance, we will likely make a pushdown. Based on the new monthly structure this is likely to be a long-term long but we must wait to observe the price before we make a decision.
I'm down 20% on the new strategy -- specifically in forex. keeping it real. Interesting. I need to make a review video to understand why.
Unsure About Your Trading Strategy in #crypto? (Then Do THIS)
1.stop trading
2.4 questions
Where did you learn it from?
Why does it work?
When does it work?
When doesn’t it work?
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
When should you not buy into support?(only 5% of traders know)1-lower highs into support
-sellers are in control
2-higher timeframe in a down trend
3-unfavorable risk to reward ratio
4-support tested multiple times
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx