Quick update on the two Crypto charts.
Interesting article Coin Telegraph - Anonymous crypto. Crypto and blockchain industries need to play by the rules to realize their full potential, Concordium CEO says. Thanks @TradingView Nice new feature! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in...
This simple idea is an intro to @TradingView & @PineCoders Nothing fancy or complex, if you are already coding - you can skip this. simple MA build walk through & adding a second MA. If you want to get into coding, then here's the basic introduction. FYI - I am not a coder, 21 years trading experience and know a bit about the instruments - but new to actual...
Another interesting structure with BTC. Have a look at the overlay's here. Here's the link to part two of the Wyckoff basics; Here's the original call for the drop - the levels were pretty respectful as a whole and hit the target a bit quicker than planned. Disclaimer This idea does not constitute as financial advice. It is for educational purposes...
A quick look at Bitcoin & Gold, a splash of DXY.
A long time ago, Gold - physical gold for that matter was in high demand. In recent years bitcoin has been talked about as the gold replacement, what do you think? Is there still value in gold? Think back when people would rush to the mountains, in search of gold! Usually the guys getting rich, where the ones selling the shovels. Similar in crypto today,...
Trend lines are used in technical analysis to define an uptrend or downtrend. Traditionally, uptrend lines are made by drawing a straight line through a series of ascending higher troughs (lows). ... With downtrends, trend lines are formed by drawing a straight line through a series of descending lower highs. In an uptrend, the “imaginary line” acts as support...
MATIC, DOT, ADA, ETH, CHAINLINK, XRP, DOGE, AVAX, TRX, SUSHI By request, a quick look at some indicator situations on the alt coins above
For those of you not familiar with Dow Theory. Here's a simple introduction. Nothing technical just a "welcome to" type of educational post. Short History Dow Has 6 Rules - these are known as the 6 Tenets Dow is mostly known (most obvious - the Dow Jones Industrial Average) Other tools and techniques can fit into the Dow Theory, such as Elliott and...
Dot, XRP, Matic, ETH and Bitcoin
I have posted recently on Wyckoff, Elliott cycled, Gann education and covered psychology. The Thing is - as a long time trader, you often see new comers and the assumption is more indicators, more stuff = better results. Take a step back and view this from 30,000 feet. You looking at finding an edge, an edge can be as simple as risk management and positioning...