📉 We will cover the following today: Inside Bar (Inside Day) Inside Days 📉 Inside Days are a daily pattern involving two daily candles, we have a day of trade, also known as the ‘mother candle’ and then the following day trades the whole day within the range of the previous day. This is a two-day bias suggesting a potential reversal. A great way to play these...
📉 What is crypto seasonality? Crypto seasonality is the perception that Bitcoin will rise and fall over a set period of time, drastically affecting the crypto market overall. Bitcoin (BTC) is the world’s largest cryptocurrency, as well as the first-ever one. As the first cryptocurrency, it has tons of value locked up into it at all times, and all subsequent...
📉 As we talked about market seasonality i will explain in this video why i look forward bitcoin bullish market seasonality. 📉 As you can see we have an intresting bullish cycle that will start exactly from the incoming month APRIL towards AUGUST we have a higher chance to see BITCOIN going higher at least this is what statistics shows to us. What do you think ?...
Another Ultra Long Term chart ( I hate doing short term trades !) Here is a VERY IMPORTANT quote from Jason Shapiro from the book “Unknown Market Wizards” by Jack Schwager: " Everyone understands that the market is a discounting mechanism. What people don't understand is that the discounting mechanism is not the price, it is participation. Its not that the price...
In today's episode, we review support and resistance as levels. We explain why price action moves the way it does via buyers and sellers and how to enter/exit based off liquidity in the markets. Enjoy! DISCLAIMER: Investing into cryptocurrency comes with inherent risk including technical risk, human error, platform failure and more. Invest at your own risk....
Hi guys! I have decided to create this diagram to show you, how majority of the crypto community has reacted to every single counter trend rally (and "trendline break" ) from all time high to present.. I am almost sure that these series are not over and we will see a couple of more "definitely" confirmed bull markets all the way down to real capitulation. All...
The Double Bottom Reversal is a bullish reversal pattern typically found on bar charts, line charts, and candlestick charts. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between. Although there can be variations, the classic Double Bottom Reversal usually marks an intermediate or...
Hello Traders, As you guys liked the previous educational part so much we decided to continue with that topic. In picture 1, you can see the interdependence between fear and greed! These characteristics harm us to make good trading decisions and stay calm! This fact is purely based on behaviour finance! This matter of fact is not only within the trader, it...