Hello traders, Just wanted to share short-term trade pick for today. As I posted earlier, BTC exactly bounced back from 1st WKLY support. Please check the link below to make sure that you don't miss anything about BTC. You must understand its big picture first before you get in any trades. I personally think that this week is very critical to BTC as we're...
What's up Traders! Thank you so much for supporting my previous analysis. I didn't expect almost 16k views but sincerely appreciate you all. So today I'll continue to talk about not only just the Multi-aspect analysis Ver. 2, but also the purpose of Chinese government's action in regards to Cryptocurrency industry from my own perspective. If you've missed my...
Hello Traders! So far, I've been posting from a trader's perspective . However, today I'm going to get back to my original position which is analyst, and will share my multi-aspect analysis for BTCUSD which has been trending downward for the past a couple of weeks. 1. About 52 Weeks and 104 weeks MA and analogy. Do you guys remember your first kiss?...
Hello Traders, In case there are some people missed BTCUSD deadcat bounce, or didn't jump in at the lowest price near previous low for BTCUSD , they need to look for other opportunities wherever it can be found. And... REPUSD might be the one as ETH and other alts already bounced back from the lowest. *This is for short-term trade, which can be maximized if you...
Hello Traders, I'm pretty sure most of people were panic due to earlier BTC price drop, breaking below $8000. But, if you're a trader, this price drop solely means there's going to be a trading entry point soon. Current price level contains low risk compared to it's potential loss, which means we can utilize 2 different types of strategies. Did you know? if...
Hello Traders! Today, I just wanted to share BTCUSD entry point for short term, especially for margin to maximize profits. As a trader, we need to solely focus on what the profit-loss ratio is and required probability to make profits. In other words, You don't even need to know where the next move is going to be. All you need to know is whether it's a good entry...
Hello traders, Today, I wanted to talk about S&P 500 from fractal's perspective. 1. V shape valley Back in March 2009 we had a steep decline due to financial crisis and eventually ended up forming V shape valley. This strong bounce back continues to go higher and break previous resistance that most traders think it can't go above this point. This is...
People hate ATVI due to dumb conference call with Diablo M new release. But that doesn't mean that they didn't make enough money this quarter. It's good to jump in and make quick profit within 2 calendar days. EPS should beat estimates
Hi all, For the past couple of days, we had some weird fud and 10,000BTC transferred to different exchanges and etc. But, for short term trading, we have H&S pattern. Notice that volume doesn't follow that much as it forms Head and Shoulder but still for those who trade day-to-day, we can sell, just step back a lil bit, and watch how it goes. Definitely, BTC...
Google failed to get support on this trend line Possibly because of the market on Last Friday, but still not a good idea to buy in now. I would rather wait and see if we have a demand power near the area where I drew 2 lines to form triple bottom. And if it breakouts the resistant line, then short term swing target is $1270.
Buy now. Good news: Korean government says they will let people trade crypto currency thru bank now legally.. and in this market nationally south korea has been investing pretty much huge amount of money into this... I guess this is a good sign for this market
Hi guys, Alright, so BTC recovers pretty meaningful price area which is $10,000 and went above for a couple of hours. However, I believe that it will push down to $9,000 area or possibly a little bit below than that temporarily. Of course I'm long for this BTC in terms of long-term perspective. But since I'm kinda short term traders to reduce risk in this market,...
Well, since President Trump got elected, the U.S market went up so high for a long time. Almost every single one of my portfolio doubled.. MS, AMZN... all those huge market cap stocks...got doubled.. I was a little bit concerned about bubble as well but because the market growth was supported by strong earnings and even our media was celebrating how good we are, I...
I already liquidated all of my portfolio including alts. But I'm not here to share with you my activity. What i'm here to share with you today is that I just wanted to remind us that it's not a good idea to buy when it's high. I always ask my self when I trade. As old saying goes, 'Buy low, sell high'. 'dude, is this Buy low, sell high?' if it's not, then I...
It's been almost a month that many of altcoins don't jump and outperform BTC or ETH these days. I also liquidated some portion of alts and added ETH for the past few weeks too. I got that part. But that doesn't mean that the whole alt market is bad. Some of them have been performing pretty good. I guess RIC could be one of them based on the chart. I love the way...
we all know that flag pattern is one of contribution chart patterns... now we have double flag on this chart Good for short-term trade... but one thing that we should keep in mind is ....compulsive trade always leads to loss. pull up the chart either 30min or whatever, take a deep breathe and then buy in when it's correction. Good luck
As you can see the chart above, this SNT is heading to convergence point and possible outcomes could be extremely different each other. To be honest, I don't want to gamble with this coin. What I mean by that is that I would like to see if it breaks the resistance line or not and then when it push down that's where I'll jump in. Trading Idea: If it doesn't break...
Some of you guys have lost pretty lots of money over the last night. I've heard some of them just cut their loss. Well, as a trader and as a person who's going to stay in this market, we gotta capture some opportunity if there is any. Although the whole cryptocurrency market is going down, there are some good coins still hanging in the range of uptrend box. This...