I recently watched an old TA course from 2013, trading stocks where the presenter talked about Angles. He said that sustainable angle trends are at around 45o. So I thought Id test this on BTC: Starting from left to right, we start off with: UPTREND 15o angle which lasts 60 days, definitely a sustainable uptrend. 46o angle which lasts 17 days, still...
Just an idea do not copy. f
Will paste 2013 below just to compare to 2018. If this pattern were to happen, it would likely happen much faster than 2013, as you can see Highs 1,2,3,4,5 happend much quicker on 2018 chart compared to 2013.
Interested to see if this works out. just an idea do not copy.
looks like we are setting up nicely for a small uptrend again, get ready all. 1) Macd is about to cross 2) RSI breaking out? 3) bottom of channel this is only an idea not financial advice.
Disclaimer, I've studied Wave theory for nearly a whole 5 minutes. I'm the opposite of an expert! Just intrested to see if BTC 1.80% follows the ABC path. I have no clue what happens after, another drop? moon landings no idea! The final 1 2 3 4 5 wave is just a copy and paste of the 2017 1 2 3 4 5 wave.
Just an idea!
Not real advice. Not real TA.
Just an idea, this could be a bull trap? I really hope not, I'm holding mad bags :( Never copy anyone's ideas, especially mine :)
Yes BTC is heading down, but I don't believe to an early grave. The bitcoin brand is huge, millions of people have heard of bitcoin, even if they don't invest. If bitcoin drops to such a low price it may tempt in new money creating a huge impulse. We *COULD* see over $50k by the end of the year. Note ideas are my own do not copy, make your own decisions.
This is more for me to track, I have been testing a new strategy, so far only on 15 coins. 31 trades brought in result of win 65% lose 35%, so high risk, however the average gains of the win's was over 100% and the losses were only -17%. I will keep testing this strategy, if it continues to have success I may share it. As always do not copy my trades, I'm not...
With so little data, it's extremely difficult to monitor new coins from a TA perspective. Being in a bear market increases this difficulty. Here's a few ways I use to really dissect a new coin's patterns and look for entry points into the coin. Note: this is just one of my trading techniques, please backtest and never copy my trades or anyone else's without...
Look at the yellow circle on the Stoch Challenge indicator. If BTC breaks that RED line we should see 13300 level. Note: do not copy my trades, always review your own charts and data.
It's hard to review new coins but we do have some tools to help us. So far you can see the coin came in and dropped over 70%. The coin then recovered slightly before heading into a downward trend channel. Buy Signals 1) The downward trend channel to break upwards. 2) The Stoch Indicator to cross any of the horizontial lines in an upward direction. 3) The...
The black downward trendline that the current candle is touching is very important to us. 1) If we break this and BTC holds, we (COULD), be headed to a new ATH in less than a month. 2) If the black downward trendline continues to push BTC down, but that strong support zone box holds, we (COULD) be at the same price in 1 month. This would be great for ALT coins...
Just my ideas, do not use them to trade.