Here is another potential way using my 3 MACD's to confirm if LO is in. MACD line & Signal line must be <0. Then take first 3 all rising Histograms <0. Box their price range in blue. Then wait for first single collumn of all Histograms >0. CAVEAT: Data from 8th Nov. Only. NOT ADVICE. DYOR.
Good morning traders! We hope you are having a beautiful day. 🔸Today we want to show you our vision of bitcoin in the short-medium term and explain why we see it extremely bullish. - Speaking a bit of the context and history, we can see that bitcoin hits all-time highs in late 2017, reaching almost $20,000. After this, there came an abrupt decline that found...
Hello traders. Here I will be showing a simple diagram of the whole Bitcoin dominance effect towards Bitcoin and Alt coins. The diagram is extremely simplified so that anyone can refer to this chart in the future. Many people have a hard time when an alt season starts; however, understanding the few simple rules of Bitcoin dominance can help you know whether you...
Hello Traders. Thank you so much for the overwhelming support on the last post - we reached over 1200 likes - a new record and the best post of the month on Tradingview. Here I would like to go over why we all continue to fail buying the dips time after time from a market psychology perspective. This is a big problem for many of the traders, and we are all guilty...
Here's what happens when Stochastic of Bitcoin Dominance rises over 85 for 2 Weeks in a row. CAVEAT: Since Week 4th May 2015 only. NOT ADVICE DYOR
Only 8 times since week of 11 Nov 2013 weekly Stoch CL >90 2 WKS in a row. What happened next? NOT ADVICE. DYOR.
Inverted Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder). A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly...
Inverted Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder). A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly...
Hello Traders. Here I give a friendly reminder to all beginners and advanced traders that holding (hodl'ing) your position is not ideal up to a certain point. The math of percentages shows that as losses get larger (compound interest), the return necessary to recover to break-even increases at a much faster rate. A loss of 10 percent necessitates an 11 percent...
As Biden suggested, "It is a time for healing." - I believe it is absolutely true for a time of healing in all aspects of the world, including Bitcoin. What is the Stock to flow? (about this indicator) As suggested by the creator of this indicator, 'PlanB' : " SF = stock / flow . Stock is the size of the existing stockpiles or reserve. Flow is the yearly...
NOT ADVICE. DYOR. Look at that Move China too
The Head & Shoulders Pattern & Inverse Head & Shoulders Patterns are quite common on Bitcoin and have had great results on the higher timeframe charts. Here are the main characteristics: • VOLUME MIMICS PATTERN • 3 PEAKS, LEFT & RIGHT SIMILAR HEIGHT • TRIANGULAR IN APPEARANCE • FOUND AFTER UPTREND • HIGH SUCCESS RATE • CAN BE SLANTED Price forms 3...
In this post, I'll be providing an educational post on the cryptocurrency's market cycle, and how to overcome the fear of missing out, also known as fomo. It's important to understand that the cryptocurrency market has very clear market cycles. In order to profit in the cryptocurrency market, it's important to think like a whale . 1. To begin with, whales keep...
The birth of BTC pumpkin. One dark dark evening, in a terrible 2017, when huge incomes of investors drove them to euphoric blood-strokes, it was born... Vegetable electronic evil , the king of margin calls, garden crypto ganster - BTC pumpkin. With the right hand, it weakens the growing trend , and with the left hand it attracts with overbought stochastics,...
Hello traders! Here I would like to present to you another personal market psychology trading plan that I believe is effective for all traders ranging from beginners to advanced . Do you have a trading plan? Most don't. It's very important to create a set of fixed rules that you will always follow when you are trading! The key word here is trading - not investing....
IF Chainlink does not claim 13$ again soon we may be putting in a bearish retest of a BARR TOP (Bump & Run TOP) Pattern. The pattern is explained below and there are some obvious key area to watch on the LINK/USDT Chart. Note the below image of Bitcoins run to 20000 as a comparison of a successful BARR TOP. The Bump And Run Reversal Top (BARR Top): • Follows...