We've all seen it - the eager noob trader spotting a coin like JESUS and thinking it's their ticket to crypto salvation with those sweet 100x leveraged longs. Noobs Be Like : 🚀 "I'm going all-in on JESUS, it's gonna moon to the heavens and beyond!" Reality Check : 🔍 "100x leverage? It's more of a 'Hail Mary' play than a surefire strategy." Meanwhile, the...
Bitcoin, the world's premier cryptocurrency, has exhibited intriguing historical trends during the month of September. Since 2017 through 2022, each September has been characterized as a "Red Month," with Bitcoin ending the month in a decline. Adding to this pattern, similar occurrences were observed in 2011 and 2014. As the crypto market anticipates September...
In this TradingView idea, we will analyze the volume data of Bitcoin on Binance.com and the recent stablecoin depegging incidents to determine whether we should adopt a bullish or bearish outlook for the next coming week. Bitcoin Volume Analysis: The volume of Bitcoin on Binance.com for this week (as of August 6, 2023, 13:51 PST) is $3.59 trillion , which is ...
Bitcoin (BTC/USD) has had an eventful week, witnessing a strong upward surge to reach $31,000. Notably, the previous occurrence of the weekly price action breaking through the Ichimoku cloud resulted in a doubling of the price. This week, the StockRSI indicator turned upwards at 19.98, indicating a potential bullish momentum. With an ATR (Average True Range) of...
If you know me, you know that I typically manually trade using a 10 second, 1 min, 5 min, and 15 min chart for making decisions on entries and exits. I HATE staying in a position for more than 15 minutes in any crypto market. I come from Wall St since 1996 or so and align with High Frequency Trading ideas. I'm using TradingView to get myself more accustomed...
Hello traders! Today, we have an exciting bullish opportunity to discuss regarding Bitcoin (BTC) at a price of $25,887. When analyzing the technical indicators, we observe a convergence of signals that indicate a potential bullish reversal. Key Indicators: 1. Daily RSI at 41: The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and...