Coinlog

Coinlog

What Is the Wedge Pattern and Its Common Characteristics? 1. Wedge patterns have converging trend lines that come to an apex with a distinguishable upside or downside slant. a. Wedge with an upside slant is called a rising wedge b. Wedge with downside slant is called falling wedge 2. It has declining volumes as the pattern progresses. 3. It breaks out...

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What is an Ascending Triangle Pattern? Ascending Triangle Pattern is a continuation pattern that means when it plays out it will continue the preceding trend. It is created by price moves that allow for an upper horizontal line to be drawn along the swing highs, and a lower rising trendline to be drawn along the swing lows. These two lines form an ascending...

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What is a Bullish Flag Pattern? The bullish Flag pattern is usually found in assets with a strong uptrend. It is called a flag pattern because it resembles a flag and pole. Pole is the preceding uptrend where the flag represents the consolidation of the uptrend. How does Bullish Flag Pattern? The flag pattern resembles a parallelogram or rectangle marked by...

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What is a Symmetrical Triangle Pattern? The Symmetrical Triangle is usually a continuation pattern. It represents a pause in the existing uptrend after which the original uptrend gets resumes. A breakout from the upper trend line marks the continuation of an uptrend while a breakdown from the lower trend line marks the start of a new bearish trend. This pattern is...

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What is Double Bottom Pattern? The double bottom pattern looks like the letter "W". It indicates an trend and momentum reversal in a particular asset. It is best for analyzing the intermediate to longer-term view of a market. Double Bottom Pattern one of the most reliable reversal pattern after Head and Shoulders Pattern. How does Double Bottom Pattern Work?...

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What is Rounding Bottom Pattern? Round bottom can be identified when the price changes graphically form the shape of a "U" on charts. It is also called a saucer bottom pattern. It shows potential reversal in price movements. It shows a very slow and gradual turn from down to sideways to up. The longer it stays the longer the more possibility it gives for...

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Inverse Head and shoulders Pattern is the mirror image of head and shoulders pattern. Read about Head and Shoulder Pattern here: Inverse H&S Pattern is bullish reversal pattern. Signals the traders to enter into long position above the neckline. Volume play a major role in both H&S and Inverse H&S Patterns. Usually the spike in volume on breakout is...

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Introducing series topics of trading systems we gonna do on Tradingview and hope readers can learn something from our educational content. Three main systems are the followings: 1)Pattern recognition 2)Trending following 3)Counter trend Start with pattern recognition, and we will mainly cover two main categories of price patterns: Major Reversal patterns and...

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I personally trade breakouts with volume conformations because after the breakout the resistance become support. And that gives me very good risk to reward. Do you trade breakouts? Lets us know what you think about this educational idea in comments!

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Trend lines are lines that are drawn on the charts connecting a series of prices together . They helps traders to find the further support and resistance . Further there are two types of Trend Lines: 1. Body to Body Trend lines . 2. Wick to Wick Trend lines . How often you use Trend Lines? Lets us know what you think about this educational idea in comments!

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Here we can see a clear example of bearish divergence when Bitcoin crashed. Traders who spotted it should have made crazy amounts in shorts positions. Lets us know what you think about this educational idea in comments!

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HERE IS A GREAT EXAMPLE OF BULLISH DIVERGENCE. WE CAN SEE A AMAZING BREAKOUT AFTER THE BULLISH DIVERGENCE. ONE CAN ENTER AFTER SOME PRICE ACTION CONFORMATION. FOR MORE DETAILED IDEA ABOUT BEAR AND BULLISH DIVERGENCE FOLLOW US. LET US KNOW WHAT YOU THINK ABOUT DIVERGENCE IN COMMENTS SECTION.

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WE HAVE SEEN A POSSBILE DIVERGENCE BEFORE BITCOIN CRASHED. TRADERS USE DIVERGENCE TO SPOT TRED REVERSAL. THERE ARE TWO TYPES OF DIVERGENCE: 1. BULLISH DIVERGENCE 2. BEARISH DIVERGENCE HERE WE HAVE SHOWN THE EXAMPLE OF BEARISH DIVERGENCE. FOR MORE DETAILED IDEA ABOUT BEAR AND BULLISH DIVERGENCE FOLLOW US. LET US KNOW WHAT YOU THINK ABOUT DIVERGENCE IN COMMENTS SECTION.

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BITCOIN AFTER TOUCHING 65K IS IN BEARISH TREND AND DEATH CROSS ON DAILY TIMEFRAME INDICATES A MORE POTENTIAL DOWNTREND. WHAT DO YOU THINK ABOUT THIS DEATH CROSS? LIKE IF YOU GET TO LEARN SOMETHING NEW. PLEASE COMMENT IF YOU ANY DOUBTS ABOUT THIS CONCEPT. FOLLOW US FOR MORE EDUCATIONAL IDEAS.

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BITCOIN IS IN DOWNTREND WE ARE SEEING A GREAT SUPPORT AT 30K TO 33K LEVELS. THAT MEANS INVESTORS/TRADERS ARE HEAVILY BUYING AT THIS ZONE. THIS DOWNTREND STARTED WHEN INVESTORS STARTED TO BOOK PROFITS ON 65K FOLLOWED BY SOME NEGATIVE NEWS. THIS RESULTED IN RESISTANCE ZONE AT 65K LEVELS. LIKE IF YOU GET TO LEARN SOMETHING NEW. PLEASE COMMENT IF YOU ANY DOUBTS...

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A PRICE CHANNEL APPEARS ON A CHART WHEN A ASSET'S PRICE BECOMES BOUNDED BETWEEN TWO PARALLEL LINES. Bitcoin appears to be in price channel since 18May! Some traders love Parallel channels as they they can keep buying and selling between to get profits. While other traders like to trade Breakout on Parallel Channels. How do you trade price channels?