Just a quick idea of the kind of trades I like to take. I have a strategy system implemented in python that basically what it does is scanning the market to look for the following (example using Binance Futures): 1- Price moves in a tight range for some time (hours) with rising open interest and low volume. 2- Then, the price breakouts (up or down) with...
Comparing market share dominances between Bitcoin and some other alts. *Alts picked randomly. Interested in some particular alt? Hope it's useful for you guys. Happy trading!
I like to compare crypto market dominances every day to see what coin is getting stronger in market cap. For example, Ethereum is outperforming Bitcoin since Oct 20, 2021 up to now. Today I got shocked when I saw SHIB and FTM compared together 🚀🚀🚀 We have traded SHIB and FTM using DCA and QFL. So today is a profit day for SHIB, for sure. SHIB closest High...
Dear friends, here is another BTC analysis in the first days of November. The High Volume Node that is acting as a magnet right now is clearly between 60k - 61k. There is also an small value node at 59k still unvisited that might act as support in this HVN. Further down there are other high value nodes generated in the month of October, excellent zones where I...
Reading high volume nodes during ETH uptrend move, we can see the most valuable zones where we might expect the price to bounce. The idea about these support zones is very simple, and we can see it after the trend move have happened or is happening. The institutions that created the current uptrend move have entered (accumulated) their longs positions in the...
Looking at volume profile in Bitcoin-USDT (at Binance SPOT) during the October uptrend now the price has moved away from these highlighted areas it reveal us the most important support zones where the big institutions have accumulated their long positions. Most important supports zones I see are: - 54500 - 55300: this is the most important high volume node...
While BTC is preparing for the next move... Altcoing like EOS, BNB, LTC, XRP among others... are doing great in the last couple of days. Comparing dominances between multiple coins like Bitcoin, Tether, and some of the TOP altcoins allows us to easily spot whether BTC and/or the whole market is dropping or growing. Most important tickers you should always pay...
Above is a Bitcoin chart using Renko blocks. This is a very different chart to Japanese candlesticks. Instead to be a timely-based chart, Renko charts are forming with blocks with the size we define. We can set block size to $100 or any other value. By default I'm using ATR 14 periods for each block size. Currently ATR(14) is $326.8 ...This is the average range...
After the breakout we saw in Bitcoin on January 2, which took the price of $ 6800 to $ 8400 (January 7), during the consolidation the aggressive buyers came to defend the $ 7700 on January 10. From that point we've identified the development of a mini bull-run in altcoins that has been developing very well for TRX, EOS and DASH. We're studying this comparison...
Is Dash turning into an alternative to Bitcoiners? I understand, comparing Dash and Bitcoin together, that when Bitcoin presented the last two dips Dash gained its maximum vertical breakouts even surpassing bitcoin performance.
Ethereum's grow about 3600% this year. And still showing us strength signals.
Ethereum is continuously showing us signals of growing. Probably because of the amazing news to come in early December. We'll see.
It seems Bitcoin is entering its correction phase needed a time ago. Today's lowest price (near $5555.55) just crossed the EMA 30 curve. Probably to reach the 2nd breakout support line near U$4900. Just pay attention to volume lines. Volume will indicate the final correction phase has ended and the new bulling run again. To $10k!!!