Referring to the previous bit, this 4h chart shows some intra-timeframe confluence with the aforementioned 1h chart.
Using multiple timeframes to validate your edge is essential to having sound trades, and trades that you can learn from. Without having a reliable standard to judge each trade by, how can you contemplate your wins and losses with any use?
As a...
This is an untouched glance at what I look at from time to time, and today on the darkest day of the year I'm going to talk about confluence. Confluence is just when a series of factors align, and in the TA world it's just when your personal suite of indicators and signals aligns with your strategy.
In this 1h timeframe slice of the 'blue chip' of the crypto...
Based on the monthly Bollinger, we're looking at a nice bounce setup anywhere between owing Satoshi about $1500 to $3000 per Bitcoin.
Looks nice, staying flat until we break -$1000 psychological resistance.
Totally advice this time.
BTC has been performing some bull moves over the past couple of days, but on the macro it's still not out of the woods yet.
Some of the support that BTC obliterated when it was falling down a $3300 staircase a few weeks ago has naturally loomed as resistance, which we are starting to challenge now in a meaningful way.
As far as support goes, the first major...
I've only seen one 'popular' trader use this divine combo of overlays, (they also cook bacon and eggs together in one pan so maybe it's some sort of fetish or something in their case) but I've dabbled with it for a while as well. The Bollinger Bands and Ichimoku cloud were the first two indicators that I came to use and understand, the fact that they can be used...
Bitcoin is going to be used as an example today to explore a couple of strategies for using chart patterns.
First, let me personally dismiss the idea that a pattern can only be traded once it's complete. A pattern is just that, something that repeats itself in the endlessly fluid price action and nothing more. Any given part of a pattern can be broken down ,...
This is a nice case study in the usefulness of mating momentum indicators (if you could call averaging out candlesticks a la 'Heiken-Ashi' an indicator...).
'Heiken-Ashi' translates to 'average bar' in Japanese, and aside from being aesthetic as hell they're also a great way to cut out noise. Since the Heiken-Ashi candles are formed from an average of the...
Here I decided to whip out a long time favorite that I don't use nearly enough: Bollinger Bands.
Bollinger Bands are a great tool in any market, paired with Fibonacci levels and an oscillator of some kind any trader would be well equipped to assess the market and devise setups.
Back to business though, the daily chart is showing some signs of cooling off. Aside...
This is a Fibonacci retracement of Bitcoin Cash's recent ABC fork, aka Bitcoin Cash .
This fib is the entire life of this half of the catastrophic half-scam, half-gamble that was the BCH fork.
Heiken Ashi candles to cut out the noise: Even though it is seeing more exchange listings, (Gemini recently announced for instance) market is nowhere near thicc enough...
Just a simple chart with only a pair of angled lines and an oscillator to take a swing at fortune telling, which IS NOT FINANCIAL ADVICE. The Ichimoku lurking in the background is more for reference given how oversold we are right now.
....that's it. Keep it simple, a bull div is a reversal symbol which could make for a relatively cold-blooded setup. Be safe, no...
Since traditional markets have decades of history, I decided to diversify my chart idea holdings and throw some of usual tools on the Dow Jones to see what it said to me, and boy and am I glad I did guys!
Bullish as hell on this!
Layed out on the weekly, there's plenty of room for targets and movement without consulting fibs. At this point the price has been...
The fibs have been stripped, silly me in a bear market didn't automatically flip the grid to anticipate what the TA told me. At this point though, with BTC and the cryptomarket in general getting str8 savaged there is NO bottom. Lots of a ERC20's are already under their presale value...
Anyway, TA here is simple: Rounded top is turbo-confirmed, and the minor...
Well I dunno, will it? Some people are starting to rock back and forth and mutter 'inverse head-and-shoulders' to themselves again....which in my memory is a signal that begs for a countertrade, but thats not what we're here for. We're here for the sweet nectar of fibonaccis secrets of the universe.
To me , these numbers are pointing a bit to a recovery to the...
In this range it's formed a bit of a rounded structure and with a developing rejection from a lower fib level it looks like sellers still have the upper hand at this point. Not financial advice.
![DJI: Putting the "OW" in DOW: Dow Jones [Inverse]](https://s3.tradingview.com/g/GTP4iU0l_mid.png "Putting the \"OW\" in DOW: Dow Jones [Inverse]")
