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Overview of accumulation breakout patternsWelcome to my new educational post As you can see in BCH/USDT chart, One weekly green candle is enough to overcome 1 year of bear/consolidation zone !! If you are surprised, let me tell you this is very normal behavior in crypto market as we saw this happened many times before Another example : DOGE / USD When to expect a coin to explode like that ? The accumulation pattern have many stages 1- After a period of bear market starts to deccelerate the price action becomes flat and usually take long time of horizontal accumulation between main supply and main demand (weeks / months / years ) 2- Multiple fakeouts can happen to make both buyers and sellers exhausted *The best buy (smart money) after the price reclaim the main demand after stoploss taken the second best buy after valid breakout (candle closing) The shorting is the vice-versa 3 - Finally the strong breakout take place and overcome many weeks / months or even years of bear / consolidation/ accumulation zone 4- After the coin make breakout many traders will avoid it in the early breakout but it will continue rise and rise ..and every time it rises more it becomes more risky Later it will turn to be crowded coin and many newcomers buy it at very high prices at this stage it becomes a gamble and MM will sell their profits on newbies Note : The distribution phase is the opposite of accumulation phase Note : not all coins can survive bear market, So the fundamental view has great role to support the coin I can tell you about potential coins in accumulation now which have chance to do similar thing : #FTT - #DYDX DO you know another potential coins in accumulation ? Tell me in comment section below ⬇️
Education
by Babenski
49
🟨 TV Crypto Market Caps - TICKERSThese are quite useful to follow. We have 4 major ways to track Crypto Market Caps $TOTAL = Crypto Market Cap $TOTAL2 = Crypto Market Cap - BTC $TOTLA3 = Crypto Market Cap - BTC - ETH $TOTALDEFI = Crypto Market Cap for DeFi Clearly all are below the purple line (200D SMA) and clearly in Stage 4 downtrend (as per Stage Analysis criteria). This mean "no-touch" for me. Actually the clear sign to get out for INVESTORS (not traders) should have been all the way back in January!
CRYPTOCAP:TOTALDEFIEducation
by TintinTrading
2
Catching the BOTTOM for altcoins? NO!If you are trying to catch the bottom for a top movers from 2021 bull market and you´re dollar cost averaging all the way down, it may be not as good idea as it seems to be. Catching the absolute bottom is very hard and not many persons can do it. Most likely you will have to wait many months until you will be at the break even or you will make profit. Altcoins after dropping 90 % from the all time high can still drop another 90 %! In this analysis, we are going to have a look at BITCOIN CASH and NEO that were top movers in 2017 bull market and Solana which was a top gainer in 2021 bull market. Bitcoin cash: - If investors were trying to catch the bottom when BCH dropped 77 % from its ATH, they were down 92 % when BCH found its real bottom. - It took 48 months until investors were at the break even - The price never reached ATH from 2017 again. As we can see, NEO which was another top mover in 2017 didn´t reach its previous ath in 2021 bull market: More examples? XRP, XLM, DASH, IOTA SOLANA (just an example. We have nothing against the project or its team): Do you think that Solana will be different? Maybe? Ok. It did very well in 2021 and most likely, it won´t do super good in the next bull market in 2023 or 2024! Why? Because there will be many new coins with a new hype and without bag holders. Conclusion: - Dollar cost average into Bitcoin instead of your favourite altcoins. If you want to DCA into altcoins, don´t throw all your money in as your favourite altcoins can drop always another 90 % and nobody knows how much they will recover! - Waiting for new coins without bag holders may be not bad idea - Bitcoins is a safe bet! - Altcoins = high risk Feel free to share your opinion in the comment section!
BITFINEX:NEOUSDEducation
by vf_investment
10
⚠️ Read this if you trade ⚠️The impact of the subconscious and emotions on trading with simple solutions. Why can't we make a profit even though we have a correct analysis of the chart? Why does the price return from where we sell it? Why do all those who enter with a small volume make a profit which is also a small one, but when the same one is entered with a large volume, it becomes a loss? Why do we get scared and sell soon? Why are we so hopeful when we are at loss, but still close our position in the same situation? Maybe these and similar questions have arisen for you in your trading, but where is the problem? Why is it that even though we know everything and predict everything correctly, we still don't make much money? The answer to all these questions lies in the subconscious. As you know, the subconscious is programmed by us, and an important duty of the subconscious is taking the necessary actions when the conscious is not able to, and these actions are taken according to the plan. The ones we give ourselves come into being. The subconscious mind usually appears when we are experiencing emotions (happiness, excitement, fear, anger, sadness, etc.) and takes the necessary actions. For example, when we make a lot of money, we feel happy, and from here on, the decisions are based on emotions, or when we lose and get upset or angry, and from now on, our decisions are still based on emotions. So here is the problem. What is the solution that emotions take the permission to function correctly from us and we can not do the necessary work properly? In order to solve this problem, we must point out the cases that cause emotions to be extremely dominant and decisions to be sent from the subconscious. 1- No entry strategy: Many only listen to the news for trading, which is certainly harmful, there is news for friends who have no entry and exit strategy, and they are the first group to be easily preyed upon by whales. What is the strategy? Strategy means selecting an entry, exit, and stop-loss point based on specific techniques and conditions. This is done before entering and opening the position. The problem is that many of us only think about the entry point and we never know where we are going to sell. We just want to sell whenever we go up a little, or we may even have a price for sale, but we do not place an order for that price, and we want to sell whenever it reaches that price. Rest assured, in the second case, you will never sell at a good profit because the subconscious does not allow it, and a voice in your ear says: it is going up, do not sell! So strategy in one sentence means knowing what I am doing and to know how much I will gain before I enter a share or cryptocurrency and also if I've made a mistake, how much I will lose. So if you do this before buying, you won't have to deal with feelings and you will find the correct and logical points to enter and exit. If you are going to decide what to do after the purchase or when you are at a loss or a profit, be sure that all your decisions are made unconsciously. And you can not have the correct performance and in 90% of cases, your position is closed with a loss.
Education
by MonoCoinSignal
12
⚠️ HOW TO LOSE your money in a day? ⚠️Hey guys, I know I've made a chart like this before, but this version is more complete. We all see too many people having the satisfaction of losing their money every day and sometimes it happens to us too. I think it's best if we share with other people how it's done. There are 10 effective and original ways to do this: 1. Panic Sell: This one is a classic. They say "10 years in the forex & stock market is 1 day in the cryptocurrency market". That's because this market has too many changes in a short time. Bitcoin literally can pump or drop more than thousands of dollars in 5 minutes, and that's when people start the Panic Sell. They start to think: what if it drops even more? What if it touches ATH now that I opened my short position? Well, that doesn't necessarily happen all the time. Currencies like Bitcoin have large price ranges and every single move might look like a big thing. But it isn't! 2. FOMO Buy: Classic #2! OMG, this new coin just pumped ten times! Ethereum is pumping. What if it reaches 10K? Cardano passed $2. I should get a ton of it and sell around $2000! Bitcoin is going to reach 1 million dollars this weekend! If something pumped so high that it got your attention, don't you think it's a bit late already? (I think I made my point here) 3. Don't use Stop Loss We all know how it feels waking up to see that the market touched our Stop Loss and pump right back up. Using Stop Loss is very important if you want to protect your assets. If you're willing to protect your positions then you should learn how to play with them, control the risk, know the dangerous zones, be aware of the price range. If your coin's value is dropping under the predicted area, using SL isn't a bad idea! If you're a true player, then you can recover in no time. 4. Use high leverages I WANT THAT 50 THOUSAND DOLLARS RIGHT NOW! I'll just set my leverage to 125x. I'm sure Binance won't mind it! Guys... The safest leverage amounts are 20x or below. If you can't afford to lose the money you shouldn't open a position with more than 20x. Give that price range a little room to breathe. People who are more confident about their forecast and predictions use higher than 20x up to 75x or even 100x! The higher the leverage, the more risk you put your portfolio at. 5. Buy new hype coins I love this one! I see it every day. That CEO launched a coin. This CTO made a spite coin. That guy with a big Twitter account mentioned this name. That coin is named after a dog... I LOVE DOGS! PEOPLE! This is your money we're talking about...! You worked hard for that money, right? Who's to say if these rummers are real? Why would a hype coin overtake Ethereum just because someone tweeted about it? There are better ways to lose your money. Please don't use this one! 6. Get greedy Classic #3. I earned 20%... now it's 32%, should I close it? What if it goes even higher? What if I close my position now and it goes up to 500%? That's when we keep our positions open and then after 5 minutes, we are down 20%. Sounds familiar? 7. Draw meaningless lines on a chart You open TradingView and WOW, hundreds of charts about different coins with random lines on them. That's easy, right? I bet we all can do it. Se let's open a chart and then draw as we want... connect the dots? Make a Triangle? A Head and Shoulders on a '5 minutes' chart? I'm sure that predicts the market. Guys, we can't just paint around on charts... there are rules, there are actual patterns. Check this as an example: There are more than 50 good patterns that can be used to predict the market in different time ranges. So that's it... Draw your favorite lines and predict the price AS YOU WANT IT TO BE, and lose a little money here too. 8. Don't use Fibonacci I'm sure too many experts won't agree with this. But Fibonacci can help Futures traders a lot. You can just put it in the right time range and use it to find the key resistance and support levels. This method is amazing if you want to study a coin before entering for short-term trades. If you don't, you might end up doing a FOMO Buy or Panic Sell, which helps you lose even more. 9. Believe that you are the smartest person in the room All I'm saying is that some people do NOT let other ideas come in. They have a confidence level is amazing. Well, that's not a bad thing, but at least listening to what other people have to say might be a good idea. Maybe they're playing the right card with a different perspective we can't see. 10. It's your turn. Complete the list. Tell us about all the other ways you know... Share your experiences. Thank you for your attention.
Education
by ShawnMCR
31
What Is a MACD Indicator?Moving average convergence divergence indicator (MACD) refers to a momentum oscillator used for a trend following trading strategy. There are two lines, a MACD line and a signal line. When the MACD line crosses above the signal line, MACD is signaling a bullish trend. The MACD line is calculated by subtracting the 26-period EMA (exponential moving average) from the 12-period EMA. The signal line, on the other hand, is just a 9 period EMA line. While most technical indicators only provide a single piece of information about historical price data, the MACD indicator is a versatile 2-in-1 indicator that gauges trend direction and the strength of a trend at the same time. In this article, we will study the MACD indicator in detail and share some advice on how MACD can be used in cryptocurrency trading and how to identify potential MACD buy and sell signals. Invented by Gerald Appel 1979, MACD can help investors calculate the direction, length, strength and momentum of a given asset’s price. MACD Indicator Explained in Detail: MACD is a trend-following momentum indicator that is part of the oscillator family of technical indicators. It allows you to: Assess the current trend direction (bullish or bearish) and predict where the price is more likely to go, based on the relationship between two moving averages. Measure the rate of change of cryptocurrency prices, aka the speed of the trend or its momentum. The MACD momentum readings are useful if, for example, retail traders want to assess the strength or weakness of a crypto trend. On a price chart, the MACD indicator looks like an oscillator with two moving averages, except without specific boundaries such as the most common oscillators (Stochastic and RSI) have. An additional MACD histogram overlays the two moving averages, which completes the indicator. To understand what MACD is and how it works, we need to learn the meaning of the moving average (MA) first. When talking about cryptocurrency price movements, MA represents the line on a graph that shows the average value of data collected over a defined period of time. Traders categorize MAs into two key types: simple moving averages (SMAs) that process all input data equally, and exponential moving averages (EMAs) that grant more weight to the recent data. MACD relies on the latter, as they provide data that is more relevant for making decisions whether it’s worth buying or selling the asset. Perhaps the best characteristic of the MACD indicator is its simplicity, as the signals it provides are obvious even to total newbies. However, it’s worth remembering that one should never make a decision to buy or sell some specific coin by relying solely on one signal. MACD can be a great addition to other trading signals such as Stochastic or RSI indicators. Some details about RSI will be given later in this guide. How MACD Works? In order to understand how to use an MACD indicator, it’s important to understand its particulars on a graph. The MACD indicator is comprised of three key components: The MACD Line — the fastest moving average (short-term EMA) The MACD indicator formula is calculated by extracting a long-term, 26-day exponential moving average (EMA) from a short-term, 12-day EMA. It is usually colored blue. MACD Line = (12-day EMA minus 26-day EMA) The Signal Line — the slowest moving average (long-term EMA) This is a 9-day line designed to show the turns of the price action, usually painted in red. Signal Line = 9-day EMA of MACD Line The MACD Histogram — fluctuates above and below a zero line, which helps to identify bullish and bearish momentum readings The histogram is the difference between the first two elements (MACD line minus signal line). When MACD is above the signal line, the histogram is positive, and vice versa. Thus, in order to read the signal correctly, one should check the following: When MACD is positive and the histogram is increasing as well, this serves as a sign of increasing momentum. The price tends to grow in this case, which can be interpreted as a “buy” signal. Alternatively, when MACD is decreasing together with the histogram value, it signifies that the price is most likely dropping and the asset should be sold. In the next section, we will provide a more detailed explanation of how to read the MACD signals.
Education
by MonoCoinSignal
Learn to Read Chart (MACD & XRP)✅ The MACD line is the 12-day Exponential Moving Average ( EMA ) less the 26-day EMA . Closing prices are used for these moving averages. A 9-day EMA of the MACD line is plotted with the indicator to act as a signal line and identify turns. The MACD Histogram (Below the chart) represents the difference between MACD and its 9-day EMA , the signal line. The histogram is positive when the MACD line is above its signal line and negative when the MACD line is below its signal line. ✅ MACD's formula: MACD = 12-Period EMA − 26-Period EMA ✅ MACD is often displayed with a histogram which graphs the distance between the MACD and its signal line. If the MACD is above the signal line, the histogram will be above the MACD’s baseline. If the MACD is below its signal line, the histogram will be below the MACD’s baseline. Traders use the MACD’s histogram to identify when bullish or bearish momentum is high. ✅ The box below the chart has 2 lines which alert traders when a crossover happens: Crossovers are more reliable when they conform to the prevailing trend. If the MACD crosses above its signal line following a brief correction within a longer-term uptrend, it qualifies as bullish confirmation. If the MACD crosses below its signal line following a brief move higher within a longer-term downtrend, traders would consider that a bearish confirmation. ✅ TradingView lets you use the MACD for fast and easy forecasting. You can find it in Indicators & Strategies (f(x)) above your chart.
Education
by MonoCoinSignal
How to catch BCH's short line opportunity -- a very practical "N I have introduced to you a short line tool, a very practical "n-word wave" battle method, which is evolved from the wave theory. The logic is to simplify the cumbersome and uncertain wave theory and make it easier for you to operate. In practice, this technique is very suitable for short-term operations, especially contract trading, because huge profits can be made in a short time. However, the 'N wave' strategy also has its drawbacks, that is, in the trading will encounter fraud line, such as "pin" situation, so the application of this technology, still need to practice repeatedly. Any technology, in fact, should be built on good trading psychology, if you only use it once in a while, success and failure is not worth. Practice makes perfect. Now let's take a look at the application of the "n-word wave" combat method in combination with the relatively active BCH in the past two days We can see the trend of ABC in the picture, which is the basic form of "n-word wave". The key point of this technology lies in the selection and grasp of the breakthrough point. We have talked about it before, so we won't repeat it. You can check out the link In yesterday's 1-hour chart, we saw a clear uptrend in BCH, but to be honest, the first wave is hard to grasp, you can't be sure whether it is a rebound from the previous downtrend or a new uptrend. So 3 waves is a better chance of success than 1 wave. After the completion of a, it is the key to observe a target. When b's trend is close to the horizontal, it is a very good pattern, because when such a breakthrough is made, the strength is greater and the space is larger. Our buying opportunity is when the macd develops a bullish trend and the price breaks through the previous high. the key points of this technology are two 1, buy very important, too early and too late are not good, early may be false breakthrough, the success rate is low, late catch up with, profit becomes small. 2. The choice of selling point after breakthrough is very important. Many people will buy or not sell, but can only do "roller coaster". So we has several methods in selecting a selling point, simple is 10%, 20%, 30%, if you want more actuarial, can use the gold line in combination with the Fibonacci sequence, some people may not have ability to draw diagrams, can by hand, not complicated formula, a period of rise as 1, the multiplier is 0.382, 0.5, 0.618, 0.786, 1,1.618 and so on. To sum up: "N word wave" strategy, there are several core essentials 1, choose a strong target, so the success rate is high 2. Confirm that the macd has a bullish trend at the time of the breakthrough. This is the basis 3. The selling point selection after the breakthrough should be based on the method of selling after the breakthrough, rather than the preset, because you can't grasp whether the height after the breakthrough must reach the preset position, so it is more reasonable to break down after the breakthrough as the selling point. 4, different cycles, the space after the breakthrough is also different, here is not the bigger the cycle after the breakthrough the bigger the space, if you are doing contract trading, I suggest choosing 1 hour to 4 hours is more reasonable The length of a determines the length of c. if a is too short, the expected value of c will be lowered. B should not exceed the length of a, otherwise it may be the performance of weak bull. If in use, we have questions can leave a message, hope that this technology, can help those who like short - term trading friends
KRAKEN:BCHUSDEducation
by peter-l
Bitcoin Cash (BCHH19) 122.5% ROE 10X Lev Set UpI am looking at a set up for Bitcoin Cash (BCHH19) on BitMEX... The charts are starting to look bullish and a breakout can potentially happen soon. On a Sunday, I can see a break above EMA10 happening now with increasing volume. Both the RSI and MACD allow room for this move. This is a signal in the making and very early... Price has gone flat, indicating a support. If a break happens to the upside, we can expect the last peak to be tested and even higher if enough momentum can be garnered by the bulls. Conditions for change: A close below 0.0330 would invalidate these early signals. Note: This is not a piece of trade advice. My trades all contain buy-in, targets, stop-loss and additional informaiton. Take a look at Monero (XMRBTC) and Loopring (LRCBTC) in the related ideas below as an example. If you want to see a full trade for Bitcoin Cash (BCHH19), hit LIKE to let me know. If enough people hit like, I will share a full high risk, high leverage, high ROE trade. Thanks for the continued support. Namaste.
BEducation
by MasterAnanda
1
Bitcoin Cash (ABC) Morning Star (Learning)Here is the " Morning Star " bullish pattern. "A morning star candlestick pattern is seen by technical analysts as a bullish sign following a downward trend. The pattern consists of three candles" . I've been watching Bitcoin Cash (BCHZ18) closely on BitMEX, and this pattern came up as price went down. As soon as I saw it, I opened a position which is now in huge profits. This post is shared for learning purposes. This is no trade advice. If you found this article useful, please hit LIKE for more. Thanks a lot for reading. Namaste.
Education
by MasterAnanda
12
Market Cap: Controlled Supply vs. Gigasupply CoinsLeft chart shows market cap of top 10 coins calculated using data from coinmarketcap.com from 28 July 2018 Percentages are share of the top 10 rankings. Right chart is market cap of same coins calculated as if they all had the same circulating supply as Bitcoin (approx 17.1 million) This makes it clear why it is absolutely pointless to compare the market cap of gigasupply coins like XRP, EOS, XLM, ADA, IOT, TRX and ETH with controlled supply coins like BTC, BCH and LTC. In fact even Litecoin is a large supply coin with its 57 million coins, but ffs Cardano has 28 BILLION coins and Stellar has 19 BILLION !!!! It doesn't even make sense to talk about market capitalization for these coins. At the end of the day, if these large supply coins are really cryptocurrencies, we should question why such massive amounts have been produced and of course who really holds them! << mean 'much less than'
BITSTAMP:BTCUSDEducation
by RealMcafee
15
How I've been trading BCHWe all know what's going on with BCH and BTC. I'm not entirely sure where we stand, so there's not much I can say, unrelated to my chart. Here is what I notice: Bollinger bands contract when preparing to break out, this is very common with Bollinger bands. When price starts going up, buyer volume slowly increases in a near-linear manner. When sellers come, seller volume slowly decreases, and decrease of volume is increased as gets closer to next bull cycle. RSI shows oversold on all 3 "correction" bounces, before it started going back up. You can use that for a signal of potential upward movement. We've had a few falling wedges and pennants since yesterday, you know what those do. See how you can use this.
KRAKEN:BCHUSDEducation
by JCBCrypto