I have been actively trading the market since 2019 without doing stupid things (only minor mistakes). Before 2019 I was trying to get rich fast, and of course, that didn't go well.
One of the things I have been doing since 2019 was writing principles or key ideas regarding my trading journey. That includes significant mistakes or things I noticed about the...
Some experts use such rules as hiking rate = bear market and falling rate = bull market but if we compare the fed rate with the BTC price we can see that the price is not always follow this rule. Trully say in most cases it don`t.
Let's dive deeper into it!
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📊THE BULL MARKETS:
1️⃣ 2015-2017 – the rate is growing.
2️⃣ 2018-2019 - the rate isn`t...
Push the like if you come to cryptomarket at #1 and #4 areas or write a comment if at #2, #3, #5. I bet it will be more likes. Today, i`ll explain you why you need to come at #2, #3, #5 in crypto and most of traders don`t understand it.
As you can see the yellow areas is always the "hype" area when most of the newbees are coming at the crypto market and any...
Every pattern in trading is created by someone. Why not be the author of the pattern? If you see a succesfull price pattern, you can make a backtest and use it in your trading strategy. In this idea i`ll show you some BTC pattern which the crypto follow for 4-5 years.
This pattern is very simple. After the consolidation the price break the range and fell. After...
Hello, dear TradingView members.
Here is an idea about Bitcoin and Ethereum and their Dominance.
This idea aims to talk about what will happen after the correction ahead of us in the near future.
There are four charts on this idea:
The first one is the Bitcoin weekly chart.
This chart shows that Bitcoin is on edge and pushing down.
This descending trend is...
At the outset, I would like to inform you that I have been a big fan of the wave theory in the last five years, but in science there are no feelings and biases, as well as in markets, and also the theory has not reached the limit of idealism and some critics say that it did not reach the limits of theory, it is only a hypothesis and It has been going on for such a...
Hello everyone, here is my second educational post for the community. First of all, thank you so much for constantly supporting me and be with me in this whole journey. Hope you guys like this article and learn from it.
As you see the current market condition is bearish from past several months. So I was thinking that what we should do in this kind of market...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on BTC, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous episodes below "Related Ideas"
Always follow your...
Hi friends, you've probably noticed that Bitcoin and cryptocurrencies start to rise or fall after consolidation. In this idea I will explain why consolidations happen, how to use this in cryptocurrency market analysis and where the next ATH for Bitcoin will be.
📊What is a consolidation? Consolidation is the small price range. Unlike a bullish or bearish trend,...
Hi friends! Probably all traders began their career by learning the trading patterns.
A trading pattern is a price movement pattern in a certain range. Generally there are 2 types of patterns: candlesticks (shooting star, hammer, bullish or bearish engulfing) and figures (triangles, channels, flags, head and shoulders, etc.). The number of them is constantly...
this is an example of how the mass think and why the mass always lose
Avoid thinking this way and you'll do better than most traders on CT
be smarter than the mass and zoom out to see the bigger picture
What is a key level? A key level is a price level on the chart that creates the support or resistance to the price when it falls or rises. A key level is also called an extremum.
📊There are 3 types of levels in total:
1. Resistance level — when price rises and rebounds down when it test the level.
2. Support level — when price falls and rebounds up when it...
To make money trading you need to have the right strategy, make the right decisions and be patient… But there is more.
It can happen that I share with you 5 trades from which 4 are successful and 1 is not.
You go all-in into 1 trade and somehow you picked the only one that didn't go up.
Your chances were really high yet someone can make the wrong call over and...
The volume indicator is so universal that it is used by most traders, no matter what their trading style. I will talk about the main methods of using this indicator in this idea.
📊What is the volume? A volume indicator is data from the exchange on how much cryptocurrency or shares were traded during a certain period of time. Volumes are displayed in the form of...
BYBIT:BTCUSD
I was in 3 long trades as Bitcoin dumped on the 26th of May 2022.
I had 2 choices. Close my longs because I saw price dumping below my entry
or
look at what Open interest was telling me to determine if this was a fakeout.
I saw price dropping as OI was dropping. This meant that longs were closing out their positions, which means that when this...
What helps the traders to be successful? That's right, their trading strategies. A trading strategy is a trader's plan for deciding whether or not to open a trade. The purpose of the strategy is to help the trader to make more successful trades, to analyze the mistakes and successes. At a time of uncertainty, these rules help to keep calm and make the right...
educational post on $BTC 1h chart
this is where most novice make the wrong decision
trying to go long thinking it's gonna pump more cuz they missed out on previous pumps
and then they get rekt
Hello, dear TW community. Today I would like to introduce my "ridiculous hypothesis" about BTC. As we all know, "Elliot Waves" have 5 impulsive moves. If we look at 1M chart, we are easily to see that BTC has never been bear market at all, all humble blocks (2014-15, 2018) that it have been through so far I might call them as "corrections".
What if BTC's real...
