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The TradingView Digest - March 5thHey everyone! Welcome back to the TradingView Weekly Digest. In today’s edition, we’re highlighting the top posts from our community, which includes a video tutorial on “The Leap” - our first ever paper trading competition, an informative post about Nvidia’s euphoric rise, and all the latest headlines, earnings, and economic events. 💡🎥 The Leap - Win up to $10,000 - by TradingView/ We’re spinning up the first-of-its-kind trading competition and you’re all welcome to join! Traders, speculators, active investors and even the FX gurus on Instagram and the “live like me” trading influencers — this one’s for you all. Show us what you’re made of in our first-ever paper trading competition, The Leap. The Top 5 get to walk away with real cash. From first to fifth, prizes are as follows: $10,000, $5,000, $3,000, $2,000 and $1,000. 💡🎥 Why Central Banks are Buying Gold - by konhow While many of us celebrate the stock markets reaching new highs, central banks worldwide are actively purchasing gold and institutions are hedging into treasuries to secure yields. It's important to note that interest rates are determined by central banks, while yields are determined by investors. 📰 Top Stories Elon Musk vs. Everyone: The New Fight in AI How the U.S. economy could slide into a Japan-like 'lost decade' Nvidia Stock Soars on Meta AI Deal Lockheed Martin Gets $663.1 Million Contract Modification from U.S. Department of Defense Breaking: BlackRock Bitcoin ETF Overtakes the Largest Silver Trust with MUN:10B AuM 💵 Earnings highlights from the previous week: Dell Stock Pops 20% on Earnings Beat, Strong Guidance & Hot AI Servers Demand Tidewater Q4 Earnings, Revenue Rise; Full-Year Revenue Guidance Reiterated MasTec Q4 Adjusted Earnings Fall, Revenue Rises Pactiv Evergreen Q4 Adjusted EPS Increases, Revenue Drops FuboTV Reports Q4 Loss, Tops Revenue Estimates 💡 Nvidia’s Formidable Rise - by TradingView Intense demand for Nvidia's AI chips increased the company's value to $2 trillion, with half of this growth occurring in less than four months. This demand significantly boosted Nvidia's stock price, making it one of the top three largest companies in America, right behind Apple and Microsoft. 💡 How to Trade Gaps - by ShaneBlankenship There are several ways to trade gaps, but first, there should be a solid understanding of what gaps are and how they manifest. Markets aren't difficult to read if we have some simple methods to observe them that adhere to the principles of movement. A gap is the sudden supply/demand imbalance that arises from contraction and manifests as expansion. 🌟 Script of the Week 📜 Daily Chess Puzzles - by Lux Algo This script delivers a new one-move chess puzzle to the chart every day. 💭 Our Weekly Thought: “Not being stressed from a loss is the real flex.” We hope you found this helpful. Please share your feedback, comments, or suggestions with us in the comments below. TradingView Team 📣 Want to be among the first to know all the news? Give us a follow!
Editors' picks
NASDAQ:QQQ
by TradingView
9
The TradingView Digest - February 27thThe TradingView Digest - February 27th Hey everyone! Welcome back to the TradingView Weekly Digest. In today’s edition, we’re highlighting the top posts from our community, which includes a video tutorial on TradingView’s paper trading feature, an informative post about Bitcoin halving, a post on finding trade setups, and all the latest headlines, earnings, and economic events. 💡🎥 How-To: Use the TradingView Paper Trading feature - by TradingView TradingView's Paper Trading isn't just for practice; it's a detailed educational platform that closely simulates the real trading environment, all without the risk of losing money. This feature is carefully crafted to mimic actual market scenarios, offering users a realistic preview of how their trading plans might fare.📖🧾 💡🎥 Understanding Momentum to find the Best Setups - by TradeTheStructure In the video, I discuss how I analyze momentum using MACDs and 5-minute/1-minute charts for day trading. This approach helps me filter out the best setups, positioning myself strategically in the market and within the right trading zones. The key concepts covered in this video include momentum, price action, candle analysis, and multi-timeframe analysis. 📰 Top Stories Nvidia Market Cap Hits $2 Trillion During Post-Earnings Rally Google Halts Gemini's Image-Generation Over Bias Does Bitcoin Halving Still Matter in 2024? Home Buyers Are Back in the Market. They're Shrugging Off Higher Prices and Mortgage Rates Riot Platforms boosted BTC output by 19% in 2023, mines 6,626 Bitcoin 💵 Earnings highlights from the previous week: Warner Bros. Discovery's Q4 Net Loss Narrows, Revenue Declines Berkshire Hathaway reports record cash as earnings pop in Q4 Block's Q4 Earnings Surge American Software (AMSWA) Q3 Earnings and Revenues Beat Estimates Mercedes' (MBGAF) Q4 Results, Buyback & EV Strategy in Focus 💡 What Is Bitcoin Halving? Here's All You Need to Know - by TradingView Halving, a milestone event in the crypto space, occurs approximately every four years, reducing Bitcoin's mining rewards every 210,000 blocks. Satoshi Nakamoto, the individual or group that created Bitcoin, set a fixed limit of 21 million coins, ensuring that the total amount of Bitcoin can never go above that number. 💡 Bad News for USD Longs? - by FPMarkets According to the US Dollar Index, dollar longs are under pressure. Despite technically still exhibiting an uptrend, there are signs of emerging technical weakness. Since topping at 104.97 in mid-February, just shy of the resistance at 105.04, price action has tunneled through support at 104.15 (now marked as resistance), in addition to channel support extended from the low of 100.62. 🌟 Script of the Week 📜 Percent Rank Histogram - by VanHe1sing This script visually displays the percentage of historical data points that are less than or equal to the current value for multiple financial instruments. 💭 Our Weekly Thought: “Good traders try to avoid losing money. Great traders accept they will lose money.” We hope you found this helpful. Please share your feedback, comments, or suggestions with us in the comments below. TradingView Team 📣 Want to be among the first to know all the news? Give us a follow!
Editors' picks
by TradingView
4
The TradingView Digest - April 3rdHey there! Welcome back to the TradingView Weekly Digest. We are thrilled to announce the successful conclusion of our first-ever paper trading competition - The Leap ! With immense joy, we share that over 90,000 traders enthusiastically participated, executing a staggering 2,700,000 trades and securing an impressive $119 million in profits. Heartiest congratulations to all the winners, and our sincere gratitude to every participant for their overwhelming love and support. In this edition, we’re excited to spotlight the top posts and ideas from our community. This includes an informative post on using stop-loss orders , a write-up on trading symmetrical triangle patterns , a hot script on volumes , and all the latest headlines , earnings , and economic events . We hope you find this week's edition exciting and engaging. And don't forget to participate in our Bitcoin halving contest for a chance to win our exclusive T-shirt. Without further ado, let's dive right in! 😀 💡 How to Use Stop Loss Orders in Trading? - by TradingView In trading, reducing risks is oftentimes all that matters to achieving success. One of the essential tools to protect your investments from steep or unexpected losses is the stop loss order. Understanding how to use stop loss orders can unlock your path to profitability by allowing you to balance your risk and reward ratio. 💡 A Comprehensive Guide to Fibonacci Retracements - by XForceGlobal Fibonacci Retracements are a set of ratios defined by the mathematically important Fibonacci sequence. This allows traders to identify key levels of support and resistance for price action. The Fibonacci retracement tool, although widely used by many traders, is almost always not correctly used by new traders. 💡 Bitcoin Halving Contest: Time’s Ticking, But When’s It Kicking? - by TradingView Buckle up, crypto enthusiasts! The Bitcoin Halving is on the horizon, and the countdown has begun. But here’s the twist - every Bitcoin clock out there is telling a different time for when block 840,000 will hit the scene. It’s like they’re all watching different episodes of the same thrilling show. 🍿 🔝 Top Stories 📰 Japan Manufacturers Sentiment Deteriorated for First Time in Four Quarters 📰 AMC Shares Drop 14% to Hover Near Record Lows After Filing to Sell $250M of Stock 📰 Reddit Stock Can’t Get Off the Volatility Train After Another Double-Digit Drop 📰 Bitcoin Halving Countdown: BTC Skyrockets to $71,000 Amidst Market Anticipation 📰 SEC May Delay Ethereum ETF Until December: Bitwise 💵 Earnings highlights from the previous week: 💲 McCormick (MKC) Q1 Earnings & Sales Top Estimates, Grow Y/Y 💲 GameStop Q4 Earnings Highlights: Retail Favorite Stock Plunges After Revenue, EPS Miss 💲 Compared to Estimates, Carnival (CCL) Q1 Earnings: A Look at Key Metrics 💲 Jefferies Financial Group Fiscal Q1 Earnings, Revenue Rise; Dividend Maintained 💲 Walgreens Sees Steep Loss After Major Write-Down of Clinic Operator VillageMD 💡 How To Trade A Symmetrical Triangle Break-Out - by TVM_MENA A symmetrical triangle is a geometric formation found in technical analysis, often appearing during periods of market consolidation. It's characterized by converging trendlines, typically drawn by connecting a series of lower highs and higher lows. This pattern reflects a balance between buyers and sellers, signaling indecision in the market regarding the future price direction. 💡 Bitcoin Heading Below 20K is A Good Thing! - by WicktatorFX/ This one is a bit of a hack but follows on from my video on how to set 'Stop Losses' on TradingView for Connected Brokers. To set a trailing stop loss, you need to open your broker account, place the trade there, and it will then be reflected on the TradingView interface. 📆 Economic Calendar ⚡️ April 3rd (United States) — Fed Chair Powell Speech ⚡️ April 5th (Canada) — Unemployment Rate ⚡️ April 5th (United States) — Non Farm Payrolls ⚡️ April 5th (United States) — Unemployment Rate 🔥 What's New ✅ New launch: predict market activity with unerring accuracy ✅ Scan your watchlists in Stock, ETF, and Crypto Coins screeners 🌟 Script of the Week 📜 Periodic Activity Tracker - by LuxAlgo This tool visualizes cumulative buy and sell volume for user-defined periods, offering insights into volume dynamics with customizable options. 💭 Our Weekly Thought: “ Weak traders focus on results - Strong traders focus on process. ” We hope you found this helpful. Please share your feedback, remarks, or suggestions with us in the comments below. 💖 TradingView Team 📣 Want to be among the first to know all the news? Give us a follow!
Editors' picks
COINBASE:BTCUSD
by TradingView
4
Help Shape the Future of TradingView ContentHello, TradingView community! 👋🏽 As we continue to grow and evolve, our commitment to providing value to our users remains paramount. At TradingView, we understand that our users are at the heart of everything we do. This is why we constantly strive to offer content that enriches your trading experience, empowers your decisions, and nurtures your growth as a trader. TradingView is not just a platform; it's a community. And it's your voice, your needs, and your insights that make us who we are. That's why we're reaching out to ask you: What type of publications do you want to see more published by TradingView? We're all ears and eager to tailor our content to better suit your interests and help you achieve your trading goals. Here are just a few examples of what we can offer, but we're excited to hear your ideas too: 📚 Educational ideas : Learn from comprehensive ideas on various tools and features, trading concepts, and other informative content. 👀 Market Insights and News : Stay informed with the latest market developments, trends, and news via the TradingView Digest. 🆕 New Features Announcements : Discover and learn about the latest features and tools available on TradingView. 🎦 Educational Videos : Short, insightful videos demonstrating how to effectively utilize various features and tools on our platform. 🧙🏽‍♂️ Trading Wisdom : Gain wisdom and insights from seasoned traders and industry experts to refine your trading skills. www.tradingview.com 🤔 Something we missed ? These are just a few examples, but we want to know what resonates most with you. We want to make sure that every piece of content we publish is something you find useful, informative, and enriching. ❔So, how can you contribute? It's simple: Share your thoughts in the comments below! Tell us about the types of content you're interested in, any specific features you'd love to learn more about, or anything else you believe would enhance your TradingView experience. We're listening, and we can't wait to hear from you. With 💖, Team TradingView
Editors' picks
INDEX:BTCUSD
by TradingView
80
BTC: a simple swing trade strategyDay traders lose 90% of the time in a certain amount of time, i always heared The probabilty in exceeding is than 1/10, or risking 90% to earn maybe 10% That doesn't seem a good strategy for beginners Certainly if you are highly senstive or emotional like me, the odds of exceeding even go further down So my advice, and my personal type of trading is swingtrading The emotions of a 15minute chart dropping a candle to the bottom of your screen can be very impressive When zooming out your timeframe and the necessisty to look at the chart goes drastically down You have more time to make a decision, if its not clear, you just wait another day for more clarity Sure the potential profit goes down, but you need to make an decision for yourself Do i want more potential profits but a lot of risk or dou you want give up greed and lower your expectations for far less risk, time invested and stress & emotions For me its clear, i have patience, wait some weeks for an trade and its boring, but slowly progress In the meantime i do practice daytrading with the paper tradingsystem of tradingview Am i ashamed of that? No and you should not be either, it's a personal journey of progress Until you can double you're account on a papertradingsystem without leverage i advice to swingtrade Tradingview has this built in and works fine, a recommendation to use this if you still wan't to try daytrading Now to give an example of a simple swing trading strategy, it doesn't have to be complex 17 day - Timeframe + 8 Simple Moving Average Buy signal = Breaking above the 8 sma and find support on it Sell signal = Losing support on the 8 sma or rejection of the 8 sma as resistance Signals are to be looked at the candle close So every 17 day you look at price where it is Next close is in 6 days and 12h If the price closes under 8sma you could go short
Short
by Delzeyne
Option Trading and How to Master it?Option trading is a type of investment strategy that involves buying and selling options contracts. Options provide the holder with the right, but not the obligation, to buy or sell an underlying asset (such as stocks, indexes, or commodities) at a specified price within a predetermined period. To master option trading, consider the following steps: -Educate Yourself: Start by learning the basics of options, including the terminology, types of options, and how they work. Familiarize yourself with concepts like calls, puts, strike prices, expiration dates, and option pricing. - Understand Risk and Reward: Gain a clear understanding of the risks and rewards associated with options trading. Options can offer leverage but also carry potential losses. Develop a comprehensive risk management plan. - Paper Trading: Practice trading options using a virtual or paper trading account. This allows you to simulate trades and gain experience without risking real money. Monitor and analyze the performance of your paper trades. - Develop a Trading Plan: Create a well-defined trading plan that outlines your goals, risk tolerance, preferred strategies, and criteria for entering and exiting trades. Stick to your plan and avoid impulsive decisions. - Learn Strategies: Explore various options trading strategies such as buying calls or puts, covered calls, spreads (e.g., credit spreads, debit spreads), and more. Understand how and when to use these strategies based on market conditions and your objectives. - Technical and Fundamental Analysis: Utilize both technical analysis (e.g., chart patterns, indicators) and fundamental analysis (e.g., company financials, market news) to make informed trading decisions. Learn how these factors can impact option prices. - Risk Management: Implement effective risk management techniques such as position sizing, setting stop-loss orders, and diversifying your options trades. Manage your risk exposure by avoiding excessive leverage and staying within your risk tolerance. - Continuous Learning: Stay updated with market trends, option trading strategies, and evolving market conditions. Read books, take courses, attend seminars, and follow reputable sources to expand your knowledge and refine your skills. - Experience and Patience: Gain experience through actual trading and learn from both successful trades and losses. Patience is crucial in options trading as it takes time to master the intricacies of the market. - Seek Mentorship or Guidance: Consider seeking guidance from experienced option traders or engaging in a mentorship program. Learning from seasoned professionals can accelerate your learning curve and provide valuable insights. Remember that mastering option trading takes time and dedication. It's essential to continuously refine your skills, adapt to changing market conditions, and remain disciplined in executing your trading plan.
NASDAQ:AMDShort
by A1TradingHub
ROKU 1D 3 BAR EMA TRADING STRATEGY3 Bar EMA Trading Strategy The EMA stock trading strategy can help us follow the price strength with one simple twist. The twist is using two exponential moving averages with the same period, but calculated using two different sets of price data, namely: The bars’ lows. The bars’ highs. Note* the inputs for both EMAs is 3-period. So we’re going to have one 3-period EMA applied to the lows and second 3-period EMA applied to the highs. We can use the two 3-periods EMAs trading to locate chart zones that have the potential to signal short-term trend reversals. If we combine the two 3-periods EMAs we increase our odds of success. Why are we using 2 exponential moving averages with the same period? First, you need to keep in mind that the exponential moving averages are not magical tools. But, by using 2 EMAs with the same period, we accomplish two things: We encapsulate the price between the two bands. They can be used to form the basis of an EMA trading strategy that works. EMA trading can be used in countless strategies, but they don’t equally perform the same. Now, here is how to use the best EMA trading strategy. For buy signals, we wait for both EMAs slopes to turn upwards and leave behind a sharpened EMA slope. There is no better way to explain this than by showing it directly on the price chart. Note* There are going to be some instances where only one of the two EMAs is going to display a sharpened slope. However, the best EMA setups are when both exponential moving averages show the same thing. Everything is simple with this strategy and as such we close the trade once we break below the 3-period EMA that is based on the low prices. In case you haven’t noticed the two 3-period EMAs are doing a great job in eliminating the noise and reveal the trend direction. If you look closely you’ll notice that during uptrends the price has the tendency to stay glued on the 3-period EMA that is based on the highs. On the other hand, during downtrends, the price has the tendency to stay glued on the 3-period EMA that is based on the lows. Now, here is an EMA technique that you can use to take advantage of this price behavior. For EMA sell signal, wait until you see three consecutive candles that have the open and close price near the 3-period EMA that based on the low prices. Inversely, for EMA buy signal, wait until you see three consecutive candles that have the open and close price near the 3-period EMA that based on the high prices. Final Words – EMA Trading In summary, Exponential Moving Average (EMA) trading offers you the flexibility to trade in different market conditions and it provides a complete set of trading rules. The EMA stock trading strategy combines the power of using multiple moving averages of the same periods but using different forms of calculations. These EMA techniques will allow you to find unique trading opportunities that no one else is able to spot. Here are the most important things you need to remember: Exponential moving averages are more sensitive to the recent price. EMA can signal good trades, but it can also keep you out of bad trades. EMA offers dynamic support and resistance levels, which is good for trailing SL. The EMA slope shape has hidden secrets. The rules for the EMA trading strategy can be modified to fit your own trading needs. We don’t claim this to be hard rules, but they are good on their own to make for a great trading strategy. Make sure you first test out the EMA strategy on a paper trading account before you risk any of your hard-earned money.
NASDAQ:ROKU
by Tradingstrategyguides
How This 3 Step System Is Showing META Stock As A BuyAm so tired right now feeling like i need more sleep than am already getting.. Capitalism is a hard topic to study And keep up with Yesterday i was reading a book by Robert Kiyosaki and inside the book called Second Chance He encouraged practising. This is why before you start trading i would say use the paper trading account Feature on Tradingview first before you dive into using real money Thats the key to mastering trading yes it may be a bit boring at the start but if you continue pushing for your financial education you will learn how to trade. Full disclosure am not a day trader but instead am a swing trader meaning i trade with the trend.. when you are trading with the trend you have to use the following 3 step system called the rocket booster strategy: (1) The price has to be above the 50 EMA (2) The price has to be above the 200 EMA (3) The price has to gap up in a trend Looking at this price of NASDAQ:META That is what you are seeing. Also, note the “gap” that happened 4 days ago? META is notorious for performing well in swing trades..maybe this time will be different... Rocket boost this content to learn more. Disclaimer:Trading is risky you will lose money whether you like it or not please learn risk management and profit-taking strategies because you will lose money whether you like it or not.
NASDAQ:METALong
by lubosi
Fundamental vs. Technical Analysis in Cryptocurrency TradingHello, Traders! Today, we'll delve into the ongoing battle 🥊between two mighty opponents: fundamental analysis (FA) and technical analysis (TA). What is the difference between fundamental and technical analysis? What are each's strengths? Do they truly need to compete? Fighter in the Right Corner — Fundamental Analysis Introducing the first contender: Fundamental Analysis. What is Fundamental Analysis? This strategy evaluates assets' fair market value and potential for growth and decline by studying business methods, technical documents, roadmaps, competition, network activity, and other indicators. Types of Fundamental Analysis: Qualitative Analysis: Subjective judgment based on non-quantifiable information. It includes evaluating the team behind the project, its vision, partnerships, and community support.  Quantitative Analysis: Involves analyzing numerical data and financial metrics. It includes evaluating financial statements, market cap, trading volume, and other measurable data points.  On-Chain Analysis : Involves examining blockchain data to assess network activity, transaction volume, and other on-chain metrics. It helps understand cryptocurrency usage and adoption. How to Do Fundamental Analysis? Criteria for Evaluating Crypto Projects through Fundamental Analysis: Reputation and Team Members' Experience: A strong, experienced, and reputable team can significantly influence the project's success. Level and Volume of Raised Investments: High-profile investors and substantial funding can indicate a project's potential. Social Media: Audience and activity on social media platforms. Active and engaged communities can drive adoption and success. Whitepaper: The project’s technical document outlining the vision, technology, and roadmap. A well-drafted whitepaper provides insights into the project's seriousness and feasibility. Tokenomics: The token’s economic model, including supply, distribution, and utility. Effective tokenomics can ensure sustainable growth and value. Roadmap: The project implementation plan detailing milestones and timelines. A clear and realistic roadmap can indicate a project's future direction and potential. Fighter in the Left Corner — Technical Analysis Here comes the second contender: Technical Analysis. This method analyzes and forecasts asset value based on historical price indicators. In TA, a chart is a crucial tool for tracking price changes.  Tools Employed by Technical Analysis: Data Collection: Historical price data from various timeframes using platforms like TradingView. Charts: Informative data through candlestick charts, line charts, or other graphical representations to examine trends. Indicators: Use tools like Moving Averages (SMA, EMA), Relative Strength Indexes (RSI), and Bollinger Bands. Patterns: Such as Head and Shoulders, Double Tops and Bottoms, Triangles, Flags, Pennants, Wedges, Cup and Handles, etc. Backtesting: Use historical data to evaluate past performance and refine your approach. Psychological Factors: Emotional biases and market sentiment can influence trading decisions. See our article on the Fear and Greed Index. Practice: Demo accounts or paper trading to hone your skills without risking real money, building experience and confidence before trading with actual funds. We also invite you to read our detailed article about Technical Analysis. Intense Duel 🧑‍⚖️ So, should we even be picking a winner? In conclusion, understanding the nuances of fundamental analysis and technical analysis is paramount to crafting a robust investment strategy. FA in crypto delves into the core aspects of a project. This thorough examination aims to grasp a digital asset's intrinsic value and long-term potential, mitigating risks by assessing its reliability and future prospects. Conversely, TA leverages market statistics and historical price data to uncover trends, patterns, and potential entry and exit points. This method provides a granular view of market sentiment, enabling traders to make informed decisions based on price movements and trading volumes.  FA and TA serve distinct purposes: FA offers a comprehensive understanding of a project's viability and long-term growth potential, making it ideal for long-term investments. TA, on the other hand, is adept at navigating the immediate market landscape, making it indispensable for short-term trading strategies.  Combining these approaches can significantly amplify investment success. Crypto fundamental analysis provides the foundational knowledge to identify promising projects with solid fundamentals. At the same time, Crypto technical analysis equips traders with the tools to capitalize on market fluctuations and optimize entry and exit points. In essence, FA and TA are not mutually exclusive but rather complementary strategies that, when used together, can yield a more comprehensive and practical approach to cryptocurrency trading and investing. 🤝🏻 Subscribe to stay updated with our upcoming tutorials. Let’s Set the Level Together!
CRYPTO:BTCUSD
by WhiteBIT
Exploring Technical Analysis in Cryptocurrency TradingHello, Traders!  Navigating the cryptocurrency market can be thrilling yet daunting, right? One key to mastering it is understanding crypto technical analysis (TA). Technical analysis for crypto is a method of studying financial markets, including the cryptocurrency market, through analyzing and interpreting historical price data to forecast future trends and patterns. Unlike Fundamental Analysis (FA), which focuses on related economic, financial, qualitative, and quantitative factors, technical analysis for crypto trading is about charting price movements and identifying patterns. It also helps to maintain disciplined trading and overcome emotions — the primary challenge for all traders!  What is Crypto Technical Analysis? Crypto tech analysis is a powerful tool for predicting future market behavior by studying past price movements. It operates on the premise that history tends to repeat itself and that past price data can provide insights into future market trends.  A Brief History of Technical Analysis Technical Analysis isn't a new concept. It dates back to the 18th-19th century when Japanese rice traders developed candlestick charts, a practice still vital in market analysis today. The modern evolution of TA includes the Dow Theory, formulated by Charles Dow, which identified three types of market trends: Primary Trends: These major market movements last from several months to several years. A primary trend can be either a 🐂 bull market (rising prices) or a 🐻bear market (falling prices).  Secondary Trends: These are shorter-term movements within a primary trend, lasting from a few weeks to a few months. They are typically corrections or counter-trends that move against the direction of the primary trend. For example, in a 🐂 bull market, secondary trends would be temporary downturns or pullbacks. Minor Trends: These short-term movements last from a few days to a few weeks. Minor trends are the day-to-day fluctuations in the market and are often influenced by market noise* or short-term events. They are less significant than primary and secondary trends but can still offer trading opportunities for short-term traders. * Market Noise is random, short-term price fluctuations in financial markets caused by various factors such as day-to-day trading activity, speculative trading, news events, rumors, and changes in market sentiment. These transient movements often obscure the underlying long-term trends and make it challenging for traders and investors to identify the actual market direction.  Dow also outlined the market cycle phases: Accumulation, Public Participation, and Distribution. His approach, including indicators like moving averages, remains foundational in TA, helping traders understand and anticipate market behavior. Technical Analysis Basics for Crypto The core technical analysis of crypto involves predicting price movements and spotting entry and exit points. So, where to start? Data Collection: Gather historical price data from various timeframes using platforms like TradingView. Charts: Visualize data through candlestick charts, line charts, or other graphical representations. The chart allows for the examination of the current trend, medium-term/short-term trends, etc.; Indicators: Study and use tools like Moving Averages (SMA, EMA), Relative Strength Index (RSI), Bollinger Bands, etc., to signal buy or sell opportunities. Patterns: Learn to recognize patterns such as Head and Shoulders, Inverted Head and Shoulders, Double Tops and Bottoms, Triangles (Symmetrical, Descending, Ascending), Flags and Pennants, Wedges (Rising and Falling), Cup and Handle, and Gaps (Breakaway, Continuation, Exhaustion).  Backtesting: Test your strategies using historical data to see how they would have performed in the past. This can help refine your approach and build confidence in your strategy. Psychological Factors: Be aware of the psychological aspects of trading, such as emotional biases and market sentiment, which can influence decision-making. We invite you to read our article about the Fear and Greed Index.  Practice: Use demo accounts or paper trading to practice your skills without risking real money. This allows you to gain experience and confidence before committing actual funds. In Conclusion Crypto market technical analysis is valuable, offering insights into market trends and potential price movements. While it has limitations and should not be the sole basis for trading decisions, combining TA with other analytical methods and maintaining a disciplined approach can improve your trading strategies and outcomes. While Technical Analysis has been a cornerstone in traditional markets for years, its relevance proliferates in cryptocurrencies.  This is just the beginning of our exploration of Bitcoin and crypto technical analysis. Subscribe to stay updated with our upcoming tutorials. Let’s Set the Level Together!
CRYPTO:BTCUSD
by WhiteBIT
The Golden Leap! Have you caught a bid already!? The Leap has started! Yeah! We have got 30 days to win $10 000, risk free. This is a special paper trading competition and the top 5 people with the highest profits after a month will win cash prizes of $10,000, $5,000, $3,000, $2,000 and $1,000. Plus, anyone with their account in profit gets a month of TradingView. Epic. ‪61 858‬ Traders are registered for this competition! Well.. sounds good, and yes, I have started already! Well done! This is my 1st The Leap entry, The Epic 30 oz. Bullish Call on Gold OANDA:XAUUSD . Why isn't? 😄 Gold is on its positive path, since October 2023, firmly above its 26- and 52-weeks SMA. Technical graph indicates robust wedge' breakthrough is right there! Happy trading to everyone! See y'all a few days later! Full T&C can be found here .
OANDA:XAUUSD
by Pandorra
2
BitcoinThis is the 18th of September.This video ended up being almost exclusively about bitcoin when I wanted to talk about my trade on silver. I ran out of time and I'll talk about silver later. My focus is on price action and making a trade decision... or if it's paper trading... then making a trade decision on a paper trade. The opening price on bitcoin if you trade Bitcoin was likely to be a decent trade in that it would go higher based off the opening price... but you have to be efficient so that you can get in before the market gets away from you which in effect increases your risk. I believe bitcoin is going higher than its current price but you want to get in about 500 points lower then it's current price today. I ran out of time i'll talk about silver later... and it ends up always being the same thing for me.... is my entry price likely to give me a trade with very little risk... police in the immediate future?
COMEX:SI1!
by ScottBogatin
Silver, You should dump your paper and buy some physicalOANDA:XAGUSD Paper trading things like silver and gold are a total joke. You who trade paper shares are trading in mostly fake, extremely diluted, worthless shares. Your paper certificate is diluted somewhere on a ratio of 900 paper shares to every actual physical once of silver. Soon enough, actual silver will decouple itself from these made up paper shares. When it decouples, physical silver will go through the roof, and the silver paper market will crash, because it will be no longer tied to silvers actual spot. It is a massive risk to be involved in paper shares of anything that is diluted so much, its insane. Hard times are very close, the crash is right around the corner. Best invest in physical, or if not, be aware of the risks that come with the paper market. Also. To those using technical analysis on Silver or Gold.. It does not work so well, especially right now, because precious metals have too much reaction to financial instability and economic crisis. I wish all a great day and to stay strong in the hard time that will come upon us all. Prayers. Strength and Unity.
OANDA:XAGUSDLong
by friedolays