Let's keep it plain and simple... Falling Wedge Reversal Pattern "The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower". BITCOIN IS GOING TO THE MOON! What's your opinion? Please share on the comment section below... Thanks a lot for reading... Please like, share, comment and follow. Namaste.
Here is an example from a live action! You can see the green box we don't have a candle close inside this area at the moment! So, that means we have a very strong area what we dealing right now! Up and down, strong candles smash this with a full break below and full break above! This "full candle breaks" means that we need a very strong power from...
Emotions are the most important aspect of a traders success
Hi traders! I have been developing a sort of TA theory called the Remoras Theory. I'm liking that post to this one, in order to follow thru this hypothesis. Getting straight to it, my idea is that the crypto markets are full of whales and remoras; therefore, prices and sentiments around the markets respond directly to mother nature's laws. In that way, chart...
Hello! I start my EDUCATION Lessons with a "Bull Flag" chart pattern! A flag pattern is a trend continuation pattern, appropriately named after it’s visual similarity to a flag on a flagpole. A “flag” is composed of an explosive strong price move that forms the flagpole, followed by an orderly and diagonally symmetrical pullback, which forms the flag. When the...
The system is one, the results are different. Why? It is checked by practice - if several traders (approximately the same level) work on the same system, the results will be completely different. Why? Psychology with problems of a personal character comes to the fore. People have different psychotypes, different attitudes to risks, different measures of...
I compare BTCUSD (daily) with NASDAQ (weekly) Dotcom Bubble. I see same triple peak formation. With NASDAQ very strong down trend, with BTC so far level is supported. The yellow section of the first peak has been overlaid onto to BTC 1:1 - good fit.
In my last chart, I had emphasized that the Wyckoff's Spring is likely at the $6,000 level (aka The Walls of Westeros) provided that price bounces from $6,000 and not any higher. Why is that? Well, it is important to remember that the Wyckoff's Spring needs to be a lower low. Of course, this is all based on the assumption that Bitcoin is really trending according...
When it comes to TA, I always compare Bitmex chart to Bitfinex. You can see we made a double bearish SFP on the 4HR on Bitmex. But on Bitfinex, we didn't break previous swing high. Logically, I would give credit to a set up that happens on both charts. A trader is always looking for confluence to confirm his/her bias and comparing charts is something that could...
How to identify when you should be buying & going long & when you should be selling if you want to play the trends effectively, especially if your a passive investor this particularly applies to you. This is a somewhat simple but very powerful tool to know about how to identify the trend your in, do you know what trend your in currently? Rule of thumb for...
Hi Guys. As market is still unstable we would like to share with you interesting and promising strategy which can help you to get calmer. It presents in a elegant way current trend and tells us when to buy and sell or when we have to just wait for the final verdict. This indicator is notable unique because it draws diagonal support and resistance levels at...
What's up guys so this is a new analysis and educational update on the only true crypto king, Bitcoin. So we have a strong support at 7.8/7.9k and we could bounce on it and go retest the 200 sma around 9k or continue to drop thru this support as you can see on the chart with scenarios A and B. If the market decides to break that support and go with B, I think BTC...
Its likely for the #BTC and other coins to #down #trend or at least keep sideway for sometime. As a trend following trader, We should not be looking for the dip to buy as it wont be a low risk entry point, espcially when #volume could be a misleading parameter for lower timeframes. Entry: With some #technical #analysis grounds, proper #entry should be made...
The idea is simple. look for key moment in a chart where large consolidation is coming to a head. most recently we had this occur. multi month triangle coming to a head. bulls... thinking we would break out of the consolidating triangle and ignite a new bull run. 3 apparent higher lows on the daily. fundamentals getting stronger every day institutional...
Made addition of Mercury entering retrograde zone at 7/7/18. For those who are interested in observing/overlaying retrograde and eclipse events, this is a list for 2018 I've charted.
BITFINEX:BTCUSD Chart speaks louder than words. Comment your views. *This information is not a recommendation to buy or sell bitcoin. It is to be used for educational purposes only.
An Introduction This is a quick overview of three of the best trading indicators for day and swing traders alike. If you are a new trader then it is very important for you to understand that no indicator or oscillator is going to make you trade profitably immediately, so don’t go on a wild goose chase to find one that will. Learn a select few indicators and the...