Hello Traders and Investors, today I will take a look at Bitcoin . -------- Explanation of my video analysis: On the higher timeframes of the Bitcoin chart - symbol BTCUSD - you can immediately spot a simple rising channel formation. About a year ago, Bitcoin retested and rejected the lower support of the rising channel formation and is now retesting the...
Structure has broken the wedge and now trending downward within the channel. So we see a decrease in transactional volume. It seems that a historical pattern is repeating itself from a previous cycle, mostly due to monetary policy involving an interest rate cut. if a similar scenario plays out, we might witness Bitcoin dropping to a low of 52000 "Thank you...
Firstly I meant to say May and not April lol (kids had me up early this morning) Charting is a science Trading is an art In this video I cover some topics such as: Hedging Trend The difference between Charting and Trading Position Sizing MTOPS Order Tool Meta Trader with FTMO Using various accounts within FTMO and more ;)
Could this be the price level for BTC next bull run? Based on what the market is showing, we could proberbly see the next bull run from current price level. The market is currently reacting to the 0.618 Fib level. Let's see how this will play out. Feel free to share your views
Bitcoin is currently in a downtrend, which we can observe on the daily time frame. It has been forming a pattern of lower lows and lower highs. However, there’s an interesting development when we zoom in to the 30-minute time frame. On the daily chart, BTC retraced and moved away from an optimal entry point. But on the 30-minute chart, using the same strategy, we...
Here's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
There seems to be a new transition happening to the upside Its still early however it does seem that way for now I've opened a trade on my paper trading account to see whether that is the case, as having an open position has a lot more investment from an attention element than sitting on the sidelines would...there's something about being 'on the field' thats...
Hello Traders and Investors, today I will take a look at Bitcoin. -------- Explanation of my video analysis: More than 4 years ago Bitcoin created a nice bullish ascending triangle formation and broke out above the resistance. This breakout was followed by a +270% move towards the upside. Currently Bitcoin is once again creating a similar ascending triangle...
I love trading. Having an open trade helps me 'feel' the market. This is why I have 2 accounts open at the same time, a paper trading account and a real one. Friday's sudden drop wasn't known to my real account. We check for a symmetrical triangle and disqualify it by adding a middle line. What I forgot to mentioned that I moved the SL up to entry once it have...
Scaling makes or break a chart. I chat about what to look for when scaling your chart correctly I can't exactly remember all the other elements covered, I'm sure they're good though ;)
Apologies for the bad mic quality, the pro-mic wasn't connected this time holding open a profitable trade with the fear of losing your already made profits can have you close a trade early, losing out on the maximum profits available on that transition its best to employ a way for the market to tell you when its ready to close rather than you take on all of...
I hope you guys caught our short from over 64k and how is the time to take profits and be prepared for another short!
In this video.... Just Tune In! _SnipeGoat_ _TheeCandleReadingGURU_ #Like #Share #Subscribe #PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish #Bitcoin #Crypto #BTCUSD #Forex #DayTrader #SwingTrader #PositionalTrader
Here's my thought process on bitcoin and the next possible direction, verify with me please.
Could this be a possible buying area for BTC? Based on what price is showing, the market is currently testing and rejecting the 0.5 Fib level + a 4HR reversal chart pattern. Let's see how this will play out
Dear Traders, In this analysis, I'll be sharing my perspective on BTC. By watching the accompanying video, you'll discover the key levels that, in my opinion, will signal whether the price is likely to move higher or lower. Disclaimer: The views and analysis presented by Lord MEDZ are for informational purposes only and should not be construed as financial...
Spoiler : its gratitude I've gone through many emotions whilst keeping this position open, especially when seeing the PnL shrink I lost sleep, exhausted my brain and felt many repetitions of the feeling vertigo I had to get my mind right, so I took my problem to the forest and ask the divine intelligence Gods to guide me They taught me that the best way to...
Ironically my MacBook hard restarted whilst I was uploading a very valuable video I'd just made. Other than the frustration of losing all of that valuable shared information, it brought up a relevant topic that is crucial to serious traders...technology This is in line within the preparation stages of our live course as having the correct hardware setup will...