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XBTUSD

THE HOOK TRADE ... OUTPLAYING A BULL TRAPThis is my favorite trade. It is simple, logic, sure and damn effective. For this trade you have to identify 2 things. A trend and a price equilibrium. In this example we have three clear bullish impulse and 2 corrections. After the top at 10480 there was a decreasing selling pressure over the following three candles (smaller candle bodies). The firth candle was positive and with same size as the third suggesting the formation of a price equilibrium over 4 days and a possible new higher low. The fifth candle confirmed that the trend was resumed and the buying pressure overcame the selling pressure. As the price action resumed the trend and equilibrium was broken on the upper side, a break of the price under the equilibrium is a strongest predictor of trend inversion and short a position can be safely opened. Target is a full retracement equivalent to the price retracement from the top to the equilibrium. Top to equilibrium = equilibrium to target BIO
COINBASE:BTCUSDEducation
by FerdiHodler
This Is BitcoinTrading isn't easy, that is for sure. Of course the setups all seem easy on paper but when it comes to putting your money on the line IRL there are many traps. This is why risk managment and not going "all in" is so important. You must survive to profit. P.S. Thank you to all my long time followers and interacters. You guys have seen me at my heights and at my lowest. I appreciate the iteraction and the comments and likes. TBH that one like or that one comment that you give means alot and it is always fun to interact with random internet people while we trade fake internet money! haha Peace guys
BITMEX:BTCUSD.PEducation
by TEXAGG22
6
XBTZ19 Data Capture, 6 months of Bitcoin Futures dataIn my experience Tradingview does not keep data of expired Bitmex contracts after expiration. The primary purpose of this post is to keep the valuable data from XBTZ19 contract from being lost forever. My indicator script XBT Contango Calculator Version 3 is used in this example to capture all the data from the December Futures contract. This post should be a historical record of how backwardation and contango affected price action during the last 6 months. I will do this post at each expiration, primarily for my own benefit and analysis, but also as a record other traders in the community can look back on. Please also see below "Links to related Ideas"
BITMEX:XBTEducation
by SchamBTC
BTCUSD & ETHUSDT | Direct correlation of assets' price actionAt the 4H-timeframe scale it can be clearly seen how perfectly correlated are Bitcoin and Ethereum price actions in the middle term. There are vertical flags with dates and time from the beginning of the observation till the current moment. Starting from the 21th of November you can see each sharp movement duplicates, even IHS patterns were formed in the same manner. What does it mean? 1. Bitcoin's capitalization and Ethereum capitalization is represented mostly by the same big players now. 2. Once fundamental news arrive and affect the market big players either fix their crypto to stable coins in case they expect drop or enter the market back diversifying their holdings between ETH and BTC in equal proportions. 3. It does not seem like a collusion it is more likely big players want to diversify, however this now destroys opportunities of diversification. 4. Because ETH and BTC can no longer be used for diversification soon we will see whales choosing other instruments for it. 5. Once new coin is determined ETH will have an inverse correlation with Bitcoin. Moreover Ethereum will face with a sharp value drop once it happens. Conclusion: Do not use Ethereum for diversification in the mid or long term. Ethereum is now risky for long term holdings, choose several top-10 cryptocurrencies instruments for it
COINBASE:BTCUSDEducation
by Skyrexio
Bitcoin Trade Signals Review 15M Since 2019 July to 2019 Oct 25BITMEX:XBTUSD COINBASE:BTCUSD BINANCE:BTCUSDT Timeframes on Ribbons: 15m -> 12H Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern This Tutorial Idea Indicates some important trading signals of Bitcoin given by the indicator since 2019 July to 2019 Oct 25, in order to help users of the indicator learn how to identify opportunities. Signals Pattern Trigger in Short Term: Ribbon 1 - Ribbon 3/4 Context: Ribbon 3/4 - Ribbon 12, which is the most outstanding ribbons with priority: Yellow-Blue, Lime-Purple, Red - Green, else. Some Typical Trigger Signals : Long: Yellow -> Lime: Breakout Blue -> Green: Reverse Purple -> Blue: Fading Breakout downward Light Green / Red -> Green Short: Blue -> Purple: Breakout downward Yellow -> Red: Reverse Lime -> Yellow: Fading Breakout Light Red / Green -> Red I appreciate your like or comment. Welcome to share your idea here. PM the author for a free trial of "9 Seasons Rainbow Multi TimeFrames Pattern". DISCLAIMER This idea is only a personal opinion and does NOT serve as investing advice NOR as trading advice. This idea, "9 Seasons Rainbow Multi TimeFrames Pattern" indicators, and all related contents are for the purpose of trading strategies studying or paper trading. If a user or a customer uses any of these related contents for live trading or investment, she/he should take all risks.
COINBASE:BTCUSDEducation
by go8686
BITCOIN - Invalidation and POTENTIAL reversalHello traders I. Wisdom of the day Not all traders are winners obviously. But not all losers have to be a stop-loss. A lot of consecutive stop-loss and we're out of the "trading" game. What if there would be a way to stop... the stop-loss from getting hit? There isn't a universal way but... using another indicator on top of a trading system is very powerful. This allows to exit a potential big losing position with a minimal loss - or at breakeven in the best scenario. That essentially means that .... traders have to accept that not all trades are winners... and accept to lose a few times to times. Invalidating before a stop-loss is part of reducing one's risk and increasing one's opportunity. Invalidations, also called hard exits, are an essential part of my personal trading method. II. Why a 5-minutes chart? The trading method won't give more than 3/5 trades per day even. This is not a scalping trading method, it's intraday and based on smoothed indicators for entering in a strong trend only. Those are the most secure trades possible because: - the engine waits for a strong confirmation and will avoid the fakeouts - the 5 minute allows to enters early. - entering early and getting invalidated early also. This point is crucial. Entering early with a minimum of security is KEY III Signals of the day 3.1 Invalidations in practice We got invalidated twice with a small loss. Which is exactly why I love this invalidation system so much. We exited losing positions at the beginning of the reversal or after a pullback Without it, I would have lost way more pennies :) 3.2 Shorting the "future of money" With a strong invalidation system, I get invalidated often before a "catastrophe" happens. I never want to take them because I'm human and I have "too strong" beliefs ("BTC is the future of money") ... but that's exactly why I trade with a framework because....again I'm human with feelings/emotions (despite what my ex-GF said to me #too #personal #info) The yesterday short was quite interesting as against the leading trend and below supports. I often talk about a pullback in that scenario to reduce one's risk. But the pullback also allows to get invalidated with a better exit and a smaller loss. Hopefully, you guys start connecting the dots now :) 3.3 What's next? We're right on the Daily SMA 7 and the Weekly SMA 100 is 200 USD below. I wouldn't re-enter before another signal (I'm dumb, I can only trade using a combo system deciding for me) - especially because a major weekly support is right under the candlesticks All the best, Dave ----------------------------------------- Disclaimer: Trading involves a high level of financial risk, and may not be appropriate because you may experience losses greater than your deposit. Leverage can be against you. Do not trade with capital that you can not afford to lose. You must be aware and have a complete understanding of all the risks associated with the market and trading. We can not be held responsible for any loss you incur. Trading also involves risks of gambling addiction.
BITMEX:BTCUSD.PEducation
by Daveatt
Algorithm Builer CRYPTO - XBTUSD - Review Oct 20th, 2019Hello traders I. Daily tutorial publishing challenge officially begins Starting today, I'll be publishing every night what were the setups given by the Algorithm Builder CRYPTO II. Why a 5-minutes chart? The indicator won't give more than 3/5 trades per day even. This is not a scalping trading method, it's intraday and based on smoothed indicators for entering in a strong trend only. Those are the most secure trades possible because: - the Algo Builder waits for a strong confirmation and will avoid the fakeouts - the 5 minute allows to enter very early. This point is crucial. We made it so that to enter early but with a minimum of security. III. Signal of the day 1. We had a first LONG position invalidated with a small loss. The signal was given against the leading trend (red background/green signal) and in front of multi timeframes resistances. I always wait for a pullback near the EMA 15/20 to be invalidated with a minimal loss. I made the trading method so that to be invalidated with a minimal loss 2. The second trade was fabulous !!! Signal given, in front of resistances so not easy but a pullback near the EMA 15/20 was mandatory. It even gave a better entry than the signal on the chart - allowing to enter 50 USD lower for that LONG. Those resistance lines are my take profits zones. Then, the Algorithm Builder CRYPTO users should take the first take-profit at the first resistance (here the daily SMA(7)) for a 150 USD move upwards. The second take-profit was at the second big resistance - namely the Daily SMA(20). I generally let a bit of money on the table from there, as the stop-loss is already trailed by the indicator automatically. I do it, in case, there would be another upwards move that I could catch, and for free. For free because, the stop-loss is already moved to the TP1 level at that point, and I can't lose anymore on that particular trade setup. Total trade distance: 261 USD All the best, Dave
BITMEX:BTCUSD.PEducation
by Daveatt
XBT Dancing the Contango and Farewell to XBTU19 data?This idea is to expand on my recent observations while trading Basis (spread) of futures contracts for XBT, and how recently Contango and Backwardation have been a good timing indicator for XBTUSD. For more detailed explanation, please check out my indicator script the XBT Contango Calculator in related link. Typically I have noticed that Futures premium/discount primarily flow along with price movements. For example, when price goes up, premium goes up and vis-versa. However, what i found most interesting over the last few weeks is there was a divergence in XBTUSD price and XBTZ19 futures premium (blue line), which i noticed for the first time. Additionally, this happened right before the BREAK See below A primary objective of this post, is to see if publishing this idea in Tradingview will keep the XBTU19 data (orange line) plotted by the XBT Contango Calculator. I have found that charts of expired Bitmex Futures are not available on Tradingview after expiration. Studying XBTU19 September futures has been very useful for trading over the last few months and hope this post will stand as a record on how Contango and Backwardation in XBTU19 contact affected price action (assuming data doesn't disappear after 9/27). If anyone knows a way to plot historical Bitmex data, please help me out. I believe it can be pulled via API from the following link, but I am not able to figure it out. www.bitmex.com THE FOLLOWING ARE TWO REASONS WHY I WANT TO STUDY HISTORICAL DATA FROM PREVIOUS BITMEX FUTURE CURVES. I think both of these scenarios could represent the two directions we have at the current moment. As you will see, if past futures curve data was available from these time periods, it could be helpful in deciding which direction to trade. EXHIBIT A - Mid November 2018, price drop after consolidation triangle EXHIBIT B - Mid July 2017, price pullback and continuation after consolidation triangle Let me know your thoughts?
BITMEX:BTCUSD.PEducation
by SchamBTC
7
Bitcoin: How To Make 50% Profits In 2 Hours!Hello dear crypto friends, hope you're doing well! ;) What a crazy day yesterday was: The eventual break of the Weekly Equilibrium happened that we had been calling for the past 3 weeks already. => If you played this break, which gave 20% anways straight down, you could've easily made 40-50% gains with our partner Bybit . The link is in our description! Have fun watching! ;) If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :) Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
BITFINEX:BTCUSDEducation
by Edgy_
1
3 RULES WHALES DON'T WANT YOU TO KNOW BEFORE DAY TRADING BITCOINWelcome back everybody, Thanks for the 587 likes on my previous video. I hope i can help you out in this video as much as i possibly can as well. In this video, we have talked about 3 RULES THAT YOU NEED TO KNOW BEFORE DAY TRADING BITCOIN. The first rule is HAVING A TRADING PLAN . It is the most important one of all. If you don't have a plan, you will simply be eaten by Megalodons (Rational Investors/Traders). The plan must have trading setups (specific patterns on indicators or price/volume action, network data indicators such as Unique wallet addresses, or fundamental news like halving events, government policies). These setups will be your why to buy or sell. The trading plan should also have how much are you willing to risk and how you will manage this risk (stops/targets) This risk/reward ratio that you want to follow needs to be at least two. It can be smaller than two depending on what is your percent profitability with your trading setups. The second rule is OBEYING YOUR PLAN . You always need to obey the plan to completely remove any and all emotions. This is another important rule because we are all emotional beings. We need to make sure how we will completely remove our emotions while trading or investing. Are you going to meditate before you start trading and have a check list before you put any trades? Are you going go heavy on the coffee 5 days a week to be completely focused on your plan and take a 2 day tolerance break? Are you going to go for a hike every morning before the market open? Another important point with this rule is that "If you could find yourself another motivator other than money, you will be more successful." For me, i love to help people. I trade everyday to teach people, so that, they will NEVER experience the hard times that i have gone through when i first started trading. It might be something else for you, something that you can achieve with money. It should preferably be something you are really passionate about. The third rule is RE-ADJUSTING YOUR PLAN . No one knows what is going to happen tomorrow. If the plan is not working, then, re-adjust your plan. You need to figure out where your trading plan had failed you. Was it your setups that did not work more than 50% of the time? Was it the risk/reward ratio? Did you fail to obey your trading plan? Did you drink coffee 7 days a week to trade 13 hours a day and became too emotional? You really need to figure the missing part here, then, re-adjust your trading plan. I hope this was helpful and i really appreciate you all! [ Don't forget to drop a like if you enjoyed. ~Bo Megalodon Trading Enlightening the modern investors
BITSTAMP:BTCUSDEducation
by MegalodonTrading
When A Support Does Not Generate Further Value 20190813ukA support may bring two possibilities, Reverse or Continuous Drop. A method to judge the change of validation or strength of a support: rise percentage the support generates, if % decreases, the value of the support is weakened. As shown in the chart, the Blue in 30M indicates the support. From the support, there were two bounces: 1st 2% rise from 11350 2nd 1% rise from 11350 The lower High Indicated the support did not generate more value. Considering the big trend is down, the breakdown is high probability event, so the support should not be taken as a Demand Zone any more after two bounces. Instead, a short trade may be placed when the second bounce ended ( Green -> Red after the Lower High) Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern Signals Blue: Support Blue -> Green -> Red: A cycle of Support -> Bounce -> End of Bounce Green -> Red with a Lower High: Short Trade Entrance I appreciate your like or comment. Welcome to share your idea here. PM the author for a one-week free trial of "9 Seasons Rainbow Multi TimeFrames Pattern". DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR trading advice. Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.
BITMEX:BTCUSD.PEducation
by go8686