1) Bollinger Bands: Some traders will determine the market as "over-extended" when the price is piercing above or below the Bollinger bands. If above then the price is considered overbought and price may start to reverse. If below then the price is considered oversold and the price may start to reverse. 2) Stochastic RSI: some traders will determine the...
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...
🔋Hi friends! Have you saved your deposit to buy crypto? Markets are falling lower and lower every day. In this idea I will give you some tips on how to open successful trades when the market is bleeding and emotions are taking over. At the crypto market, such massive dumps happen once in 3 years, but the price sometimes falls by 30% and rises by 500-700%. This...
When an area is immediately broken we will have ( CHoCH ) . When an area on the opposite side is consumed and the price returns, we expect the area that caused the failure to be consumed at the time trigger. When an area reacts but cannot break the surface, we have ( FILIP ) . When the price breaks the opposite areas and consumes one and returns, we expect...
Hi friends! If it heppen to one UST is it heppen to another stablecoins? Next trigger for BTC dump can be caused by stablecoins instability. In this idea i`ll show you some facts about it! 🦢Black Swan. The last Black Swan in all financial markets happened in 2020 because of Covid-19. The crypto market fell by 64%. After the bull market, the Fed Reserve started...
...and finally buy the right BTC and ALTs dip!😊 Hi friends! Lots of traders buy crypto at the ATH or close to it in hope to make 10x,100x etc. Is it possible and how to do it more succesfull? In this idea i`ll share with you some methods that can realy help you to: 🔶 identify the bottom of the market 🔶 use the volume indicator in right way 🔶 get crypto at a...
🌟How to BUY crypto in time and with the possible highest RETURN? The correct answer is during the capitulations. 🎯Capitulation is when even patient and experienced traders start to panic, but this is the opportunity time (Jan 2015, Nov 2018, Mar 2020, May 2021). 🔶How to buy crypto during the capitulations? Use the dollar cost average (DCA) strategy. This...
This is an educational post! I have tried to combine the concept of liquidity with that of supply and demand to show you one of the most efficient trade setups in financial markets! You basically have a descending trendline in 30m chart of bitcoin! Price reaches a confluence area in higher time frame analysis (let's not be concerned about that now) then it jumps...
🌟 The picture of the wedge pattern is beautiful, but you have to understand how to trade in Real Life! In this idea I will try to teach you how to enter the trade and what to look for. The descending wedge is a bullish pattern. On the chart you can see how it works on Bitcoin. Over the past year, it has worked well in 3 out of 3 trades. 🎓What is the wedge?...
📊Bitcoin is rising while the dollar is falling and vice versa. Today I will use the simple examples to show the pattern that helps to identify the trend of Bitcoin for many years. The instruments that we need: 🔶Bitcoin is the #1 cryptocurrency, the first and foremost crypto-asset, our favorite grandpa. Bitcoin's movement is copied by 99% of all crypto, it is...
Hey Traders, a quick little video coming your way! It is my 8 year anniversary with my wife, so I am rushing out of the door and cannot leave a detailed summary in text too. The video goes over price action, key levels and some trades taken today on the DAX Have a fab day and any questions are welcome!
💡A mirror level is a level that price tests as support and resistance several times. It helps to open long or short trades on a test of the level. Usually the mirror levels are numbers like 100, 1000, 50,000, which traders pay attention to. It can also be previous ATHs, important global levels that can be easily identified. Price bounces off of them because a...
GMT Repeat Same history as AXS infinity did. AXS highest price was $166 per coin at that time Market cap was 9.75B of USD. Huge number GMT current price is $3.16 with a market cap of 2B of USD. That means if this coin repat same history it could make an additional 5x. To reach a 10B market cap. I think We can trade this coin during significant pullbacks...
95% of beginners don't understand why patterns don't work as it shown in the books. That's why losses, stress, and worries appear. The point is that only practice and personal experience will help you understand how to use it correctly. I will give you a few secrets how to trade in the channel successfully: 1. after testing the borders of the channel, wait...
Very simple procedure, yet so many get this wrong. during market trends, we must: - identify the break of the previous high/ low if the current candle has closed past it. - this gives us the green light to draw our supply/ demand zone at the first candle of the impulse (however, we can also adjust the S/D to the last candle of the correction if the latter...
As we expected, Bitcoin tested the $37800-39600 zone. But how could you predict this? You have to use the volume profile. A volume profile is close to horizontal volumes (bottom panel), but using them, you can indicate: 1. value areas(support and resistance) 2. liquidity gaps This indicator is easy to apply, it is in the left sidebar in the "Prediction and...
Bitcoin has been in a $30,000 to $67,000 global consolidation for more than a YEAR. You can see on the chart that Bitcoin was down -31%, -36%, -58%, -25%, -52%, -19%. If you use a leverage larger than x2, you could be liquidated multiple times! Do you want to increase your deposit? Use risk and money management! These are simple rules that help to calculate...
Key Level. How can a common tool help you to earn more? Let's take Axie Infinity (AXS) as an example! A key level is a local minimum or maximum. It can be clearly marked after a BIG price movement up or down (points of extremum). Key levels are often the price of 1, 10, 50, 100 dollars, because many traders pay attention to this numbers. On the chart we have...