Good Day & Life!
My fellow cryptocurrency lover, I would like to share a trade idea today with a completely different format, so this is something that is requested from me on a daily basis, so here you have it by popular requests.
Today I will be sharing a list of TOP Altcoins that are STRONG for LONG TERM holding and at the same time have good BULLISH...
The escalade of failure in trading ! : 5 reasons why most of traders lose their money !
Reason 1 / Step 1 : The "I DON'T ACCEPT LOSING" syndrom
Reason 2 / Step 2 : The "I MOVE MY STOP LOSS" temptation
Reason 3 / Step 3 : The "AVERAGE DOWN" disease
Reason 4 / Step 4 : The "RISK EVERYTHING" game
Reason 5 / Step 5 : The "I SWEAR IT WILL NEVER HAPPEN AGAIN" lie to...
Dear investors and traders,
Many of those on Trading View that are invested in crypto currency and are relatively new to the scene, from my observations (and past experience when I first traded), newcomers are exhausting far too much time trying to sift through the noise of "shills" and thoughtless lines on charts to find the next "moon" pump that we fail to...
The Basics of Trading with EMAs using Multi Timeframes MTF Explained
To be able to trade successfully you need to understand how timeframes influence price movements.
Here I'm using the Litecoin D1 chart to illustrate.
On a chart you can see 3 sets of EMAs from different timeframes with crosses marked by dots: 12 (aqua), 26 (purple), 50 (red), 200 (blue)
Cryptos have a habit of repeating some patterns over and over again. Ethereum is no different.
I took a closer look to Ethereum's bull market and in particularly 3 fractals which all appear to share a similar candle action to ETH's price volatility from October 2018 to date.
Initial price drop, high volatility (consolidation) with an obvious Resistance and then...
There is a debate wether the market is printing a symmetrical triangle, an ascending triangle or a pennant. First of all you have to pay attention to the overall trend, all those patterns are continuations of the trend with a high grade of fiability. However there is cases where it could fail due to mostly fundamental analysis or a prompt high volume. As a trend...
What lesson can we take from this chart?
1. "Technical analysis not always right", sometimes we need to follow our feeling too.
If I followed my Mar 18th Idea, my stoploss already hit by now. And if that happen should I blame fibonacci and Doji?
2. We have many great analyst at trading view, all of them work very hard to analyze and post a "briliant idea". But...
ETHUSD charts show how Ethereum is perfect reflection of changes on BitCoin (Magenta line is BTCUSD based on close price). We do have same situation as per my last publication on BTCUSD.
Price above very strong zone made of 50% of the previous Wall and 25% retracement level. Look like BTCUSD is mode dynamic then Ethereum.
Blue Trend Line...
I am seeing a bullish cup and handle pattern on the Ethereum (ETHUSD) BitMEX chart. If this pattern plays out to the bulls side, ETHUSD can produce massive gains.
A break below $126 (marked with a brown dashed line) would invalidate the above chart.
All the details on the chart.
Feel free to hit like and thanks for the support.
Have a great Sunday.
You will often come across the term market psychology. This is different from your personal psychology. Market psychology is the same as market sentiment we just discussed. Market psychology is the overall feeling that the financial market is experiencing at any given particular time. There are several factors that contribute to this market psychology and include...
I take you through a trade that I took last night in detail with my plan and how I executed it.
I was wrong about this trade and I'm owning it, and I believe that's a must here.
I'm also being honest with the execution of the trade and the percentage I risked on it.
I hope you guys and girls enjoyed this video.
Sit back, relax, and watch the clouds paint on ETH/USD.
In this video, watch Heffae Clouds paint the Predictive / Adaptive Support and Resistance clouds.
Multiple Timeframes, 3X indicators set to 1Hour, 4Hour, and Daily timeframe.
The Heffae Clouds indicator is a kind of spiritual successor to the Ichimoku Cloud. Read the full description...