In this in depth analysis I will introduce you to my trading/investment plan for Ethereum (ETH) which is the #2 Cryptocurrency behind Bitcoin (BTC). I will explain the different concepts that I have used on the chart and also provide you with some insight into the specifics of Ethereum, and why I think this cryptocurrency could be your second chance to get in on...
This idea may be a bit confusing at first to beginners but if you follow with me below I will explain to you the combination of ideas I am factoring into this current plan for Bitcoin based on historic price action. Use the price scales on the bottom & top of the chart to zoom out to get a better view. In August 2020 Bitcoin formed a ugly version of a Head &...
-2x Head & Shoulders for Failure of Pattern -3x Massive Bump & Run Bottom Pattern -Monthly Demand & Supply Areas Mapped + ATH - ATL Fibonacci. Copy idea, go to the layers, and add the levels to your chart to set alerts. Entry points are in the folder. LOG SCALE IS ONLY ON SO THE CHART IS COMPACTED AND EASILY VIEWABLE, Turn it off when measuring patterns or...
Bitcoin recently took out its 62,000$ Resistance creating a new all time high, and right now from a Technical Analysis standpoint we are coming to a crucial point. On the Chart, even the price has already broken out two times downwards from this Upwards Sloped Channel, I think it is still quite...
What is Cosmos (ATOM): Website: cosmos.network Whitepaper: cosmos.network Cosmos (ATOM) is a cryptocurrency that powers an ecosystem of blockchains designed to scale and interoperate with each other. The team aims to "create an Internet of Blockchains, a network of blockchains able to communicate with each other in a decentralized way. This means that...
Binance Coin (BNB) was mentioned in our earlier post linked below and so far has increased around 200% in value. It is now showing signs of increasing further with a Bull Pennant Pattern which I will explain below, alongside some of the information from our last post that explains what BNB is and why this token is important in the...
Looking at the chart on the 18th of December 2017 we see the start of of a bearish close on the BTC .D. At this point we seen many alt-coins continue to grow massively in value against BTC starting one of the most parabolic bull markets we have ever seen. It is important to note that as of today the BTC .D is now pushing through that level once again, if it...
Hello crypto traders! Let me give you some hope here for a green april with this potential fractal I have spotted on Bitcoin ... but first, what is a fractal? From the TradingView page on Fractals itself: " Fractals are not only abundant in nature, they are also the building blocks of trends. They are simple yet important, repetitive formations, self-similar...
Swipe Token (SXP) is a utility based cryptocurrency designed to be the gas and fuel of the Swipe Network. Swipe was founded in 2018 by Joselito Lizarondo with the mission to bring cryptocurrency interoperability with traditional finance and was later acquired by Binance in June 2020. Binance is the worlds largest cryptocurrency exchange. Binance was founded by...
We recommend you use the scale on the right and bottom of the chart to ZOOM IN & OUT on this chart so you can view everything correctly. We have also linked a idea at the bottom, which was our original Long Term Levels idea. ___________________________________________________________________________________________________________________________ What is a...
Hello everyone, in this idea I'm going to go over a brief explanation of the Binance Coin token (BNB), and explain why I think this has the potential to increase in value. What is Binance? Binance is the worlds largest cryptocurrency exchange. Binance was founded by Changpeng Zhao, a developer who had previously created high frequency trading software. 1....
After Bitcoins crazy run up from 30,000-58,000 we saw an almost $10,000 retracement with many traders reacting in panic. But is the run really over? I doubt it. __________________________________________________________________________________________________ Below i am going to explain some basic reasons why I think we are going upwards from here: 1....
Hello, just a really brief update for Bitcoin. If you saw my last idea it is progressing well and the Falling Wedge Pattern is still playing out to the upside. (Click below for a brief overview of why I think Fundamentally bitcoin is still bullish): This can also be considered a ugly version of a Bull Pennant Pattern which I will explain below. Bull Pennants...
TESLA Buys $1.5 Billion USD of Bitcoin (Longer Term VIew) With the announcement of Tesla's (Elon Musks) purchase of $1.5 Billion USD of Bitcoin, we have the potential for the floodgates to open to even more waves of institutional investors. Its a matter of time before another significant company such as Google or Apple jump on board, sky rocketing the price...
The Wyckoff Method is a study of how market makers and whale manipulate retail traders to get in, and out of large positions. It's something any serious trader MUST understand. You do not want to get caught in distribution, and you don't want miss out on accumulation or re accumulation. In this idea I am covering what seems to be a potential Wyckoff...
Using Bitcoin as a example, in this idea i am going to briefly explain the concept of Market Phases in a easy to understand way. Market Cycles & Phases Cycles are prevalent in all aspects of life; they range from the very short-term, like the life cycle of a insect, some which can live a few days, to the life cycle of a planet, which takes billions of...
Hello traders! Just a quick analysis and a bit of educational information on LINK (Chainlink). The weekly chart is looking quite strong and with many altcoins including Ethereum showing strong uptrends we are definately in the correct enviroment for this type of chart pattern to have a high probability of playing out. Bull Pennants are a little different to Bull...
Bull Flags are one of the most well known & easily recognized chart patterns. The most important factor in identifying any flag pattern is the clear "staff" or "flagpole"; there should be a straight run upwards leading up to the pattern or it is not a valid pattern. After the straight run upward price starts to Zig Zag between two converging trendlines forming...