What people tend to miss is the bigger picture.....
Let us look at the overall trend in the crypto space, which yesterday broke to ATHs. It is looking extremely strong with an uptrend on the weekly chart and a convergent MACD. For me this shows real strength, not just in BTC but in the whole crypto space.
It is a common misconception that ATH are a bad place...
Since march 2018, 9 positions have been closed, all 9 positions have been closed with profits.
9 WIN - 0 LOSS
DISCLAIMER:
I'm not a certified financial planner/advisor nor a certified financial analyst nor an economist. I'm not a finance professional through formal education. Trading is just one of my hobbies!
The Trading Signal of my Crypto Trading System is...
Hello followers and other TradingView users!
In this topic, I would like to describe some candlestick pattern to find confirmation on the strong price levels!
"Engulfing"
The Engulfing pattern is a two-candle reversal pattern. A reversal pattern that can be bearish or
bullish, depending upon whether it appears at the end of an uptrend (bearish engulfing...
The important of Pin bar/the candle with a long wick
If you are wondering, on which candle or bar has the best degree of accuracy, I'd vouch for the pin bar/the candle with a long wick.
Example, If we long pin candle/bar in D1 timeframe, that means, we had a very strong/tough tug of war going on between the bulls and bear forces during the day and someone has...
