Let's consider a very important topic of fundamental analysis for cryptocurrencies. If we talk about traditional markets the fundamental analysis takes into account the company's financial statement and macroeconomic climate, but in case of cryptocurrencies this information is unavailable because the lack of the publicity. As a result the technical analysis...
So, the Ichimoku Cloud (Ichimoku Kinko Hyo) - WTF is it??? At first the Ichimoku Cloud can look a bit daunting, but after reading this, hopefully it will put you at ease & you will realise that it is a really neat and powerful indicator that shows you Momentum, Trend, Support and Resistance . Note that you can use the Ichimoku Cloud for all timeframes, but it may...
In this guide I will walk you through the three main different kind of divergences and explain to you how you can spot them. I also show you the extreme power RSI divergences have by looking at BTC/USD and mark them on the chart. It's quite special to see all these three kinds immediately after another, and it's really nice to see them all working out here as...
Hello, dear subscribers! Today we will examine another one lagging indicator - MACD. It is very useful indicator but you need to use it carefully because usually it is just adds other indicators and can to generate a lot of fake signals. What is MACD? MACD consists of: 1)MACD (blue) = EMA(12) - EMA(26) 2)Signal (red) = EMA(9) 3)Histogram = MACD - Signal The...
Many traders would have you believe that a certain trade or indicator is the best way to manage your risk in the Crypto market. But the truth is, the best risk management strategy, is self-discipline. Specifically, as a trader, you must never risk more than 1% of your total capital on a single trade. The main reason for this rule is to minimize capital losses in...
There is a very interesting concept for traders and how they should trade. It is based on the possible results in every single trade. When we open a trade we should be ready to get one of the following results: - big profit - small profit - small loss - big loss From the list above, it is obvious that if we do the best to avoid big losses, our trading will be...
The more Lower High and Lower Low points the best the situation will be.
I don't understand the majority of traders who search for trading signals services, spend money for buying trading signals, and believe that such an approach will make them rich. I don't understand the strong wish to be dependent on a signal provider and his or her ability to provide quality trading signals for the audience. If we are given something we depend...
Trades shouldn't be judged based on the results. For example, if a trade gave profit it is a good trade and if a trade gave a loss it is a bad trade. It is an amateur's approach. Trades must be judged based on other criteria: - good/bad entry - good/bad exit - was it in the line of a trading strategy? - was it in the line of a trading plan? - was it in the line...
How much money you can make from trading in different markets and using different trading styles? Such a question is rather popular among novice traders and in this post, I want to provide you my vision. Here is an estimated profit per month: Forex Market - short term trading 5-10% - swing trading 3-5% - position trading 1-3% Crypto Market - short term...
In this training / trading idea, I showed the whole history of the price chart of this scam coin of high capitalization. Pay attention to the increase in prices by 2666000% (26660 hamster X) for 2 years from January 18 (6 + 6 + 6) (01) 2016 to January 1 (01) 2018. What strange figures are 2 years of an uptrend and an increase of 2-666-000%. Is it really a...
HEY! As we all know Bitcoin has been trading in a defined range- this gives a large opportunity for money if you know what you are doing! If NOT, you simply lose a lot of money. In this video we show you how to use the Higher Time Frames to define your scalping levels, this is a crucial step before you proceed to the minute chart. -Megaldon Stay...
When all indicators give buy signals together so this could mean a great pump or at least a good percent. this is a sample of how all indicators give the signals together one by one. the take profit action should once get sell signal from two signals at least or once you see that you got a good profit and you want to close the deal. we use a 1H timeframe for...
COINBASE:ETHUSD is having a great RR setup for longs.
MTL / BTC Work in the accumulation channel + from local trend lines. Important reversal areas. For 9 months in the horizontal channel there were 5 pumps + 100% + 150% + 50% + 100% + 220% In real work in the channel by averaging, you can take profits from 60% to 80% of each movement. The coin is not a "promising technological derma" for believing crypto...
Journey begins today with this 1st lesson for beginners. Jumping on the quick and profitable trading strategies is secondary. Primary objective of Cryptocians account is to provide ground level basic knowledge for beginners right from what are candle sticks and how do the perform, to how to plot strategies and trend lines. Of course in couple of months you will...
On the% chart, bitcoin prevails in the cryptocurrency market. I followed a little over a year. All the key movements during this time I predicted. This percentage of bitcoin dominance is very much related to the transfer of altcoins. Each minor correction and decline in dominance is accompanied by a shot on average 30-50% of altcoins. Some overt fraudulent...
I wrote a series of articles on harmonious patterns. On the coin, which I trade from time to time for about two years, a harmonious ABCD pattern is now formed. I decided to publish the information here on the site. I combined a teaching idea with a trading one. Immediately I showed the options for working on a coin, so as not to spam trading ideas and spend time...