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Bitcoin (Cryptocurrency)

Fundamental vs Tecnical Aanysis 8.22.20 In this video I am suggesting a free service that might be useful to some traders. My trading is technically based, however, I believe there is value to fundamentals... and I explained this in the video. I think the video is worth listening to... and I describe these relationships using the DXY, Gold, Bitcoin... as it pertains to the fundamental analysis offered by this free service. In your pursuit of a successful trading strategy, at some point part of you will try to eliminate any information that seems superfluous, confusing, or causing loss. It is understandable why many technical traders will eliminate the fundamental component. I am trying to argue the need for balance and the process to take in more information in a way that doesn't create more stress if it is done judiciously. Whether you like it or not successful trading isn't just technical... and not just that, having a broader understanding of markets, even if you choose to be a technical trader( which I am )... will more likely enhance your results with a realistic perspective on your part.
BITSTAMP:BTCUSDEducation
by ScottBogatin
Bitcoin: Understanding CME Gaps - A Full Perspective and GuideX Force Global Analysis: If you find our analysis to be helpful, make sure to support us by dropping a ‘like’ ------ In this analysis, we take a look at Bitcoin's rather peculiar tendency to fill CME gaps. What are CME gaps, and why do they occur? First of all, Bitcoin does not trade 24/7 on one specific market, which is the CME market. This means that at a certain point in the day, the market closes and trading stops altogether - just like in traditional stock markets. When looking at these CME gaps, an investor might conclude that they will be filled quickly within the next few days. And based on this reason alone, many traders will take a long or short position based on the gaps produced. If a gap is produced while price is moving up rapidly, a trader might conclude on taking a short position with the notion that the gap will eventually fill. While this is fundamentally true and a good trade setup because gaps have traditionally filled 100% of the time via Bitcoin's history, it can be still dangerous if the trader does not know how to execute the trade properly, especially if the trader is in a leveraged position. A basic understanding of major trend shifts, then taking CME gaps into the trader's strategy is a recipe for success. From a technical stand point, when a gap appears within the charts, it removes the immediate support or resistance and creates the tendency for most traders to notice this, which may be the reason why the new tradition of 'gap filling' has been a part of Bitcoin's price action since the introduction of the CME market. Either way, if price action moves further away from the gap, the higher probability of a stronger drop/pump will be, which may or may be bad for both bulls and bears. For our viewers sake, we have done the calculations to show 2019's high to current price on how long it has taken to fill. The average has been 63 days. Will Bitcoin's CME gap be filled before we reach new highs? Or will we see the gap fill, then run towards new highs? We leave that up to you. How to trade CME Gaps? Trading CME Gaps can be very tricky, especially if you take a position too early. As we have stated earlier, all of Bitcoin's CME gaps have been filled 100% of the time. This current gap we are seeing may be no different. It's a matter of WHEN, not IF. With that being said, the best possible way to trade this is to understand basic support and resistances. We are currently facing strong resistance at 12K, and if broken, we face the possibility of a longer wait time for the gap to be filled. This can be a good or bad thing: Good: BTC will be breaking major legacy resistances, and show sign of growth in the immediate future. Bad: BTC will be further deviated away from the current CME gap below major psychological resistance at 10K, and may further put bulls in disparity once the gap does fill. Bitcoin has retested major trend support technically twice, and it may desirable to retest it a third time before we can show true strength in BTC's trend. This can mean a longer accumulation phase and an possible impulse waves that will make Bitcoin's drop more severe based on our CME gap theory. Trade Safe. X Force.
BITSTAMP:BTCUSDEducation
by XForceGlobal
42
Fast Market Moves And FOMO - Don't Get TrappedWhen the market moves strongly in a direction, you might feel the need to jump in and chase the trade because of the Fear Of Missing Out (FOMO). Don't do that. In fact, if you spend some time looking at the charts, you will find that often with such sharp fast market moves, the potential for a trade in the same direction as the fast move is over by the time people start reacting out of fear of missing out. This is when trades get squeezed and people lose money fast. When you listen to experienced traders talk about such fast moves, you will often hear comments like "Wow, XYZ has rocketed up, but it's too late to enter now, I'll rather wait for a good pull back and see if there is an opportunity to enter later". You might actually hear them say that the move has gone too far from the moving average (maybe the 9 EMA or even 20 EMA) and that it's more likely that it will cause a "rubber band" effect with the price action moving back closer to the average. The market may continue to rocket up or down, but let it go, don't chase that move, wait for your turn to get a good entry spot. This is true no matter what you trade, Forex, Crypto, Stocks or Commodities, they all exhibit this tendency to recover (often quickly) when the price has suddenly moved too far from the average price. New traders are often caught off-guard by this, and tend to jump into the trade exactly when others are exiting their positions, so don't give in to FOMO. The market will give you many trading opportunities during the day, be patient and don't trade out of fear or greed.
TVC:GOLDEducation
by EasyTradingSignals
Focus On What Matters The Most... Trend Trading!Sometimes as traders we tend to focus on every little move and get overwhelmed with price action. I personally believe making your charts simple is the key to success! 1. Trend Trading 2. Risk Management The 2 things that matter the most by far when it comes to trading. You as a trader need to step away from focusing on every price action move in the markets, and focus on trend. Trying to be overly aggressive on trying to capture exact bottoms and exact tops will only lead to more stress. With trend trading we can filter out a lot of the noise and focus on what matters the most! Here we look to buy or sell when all 3 charts line up the same color to identify bigger moves in the markets. This is good for both swing trading and daytrading. The reason a lot of traders FAIL as daytraders is because they get lost in all of the noise on the lower timeframes and also try to play every breakout. If you just focus on trend you will have a better chance at becoming a better trader. We than manage our risk whenever we do get a trend chop and learn how to get out of a trade and not let them run against us. Trend + Risk Management = Happy Trader 😁
CME_MINI:ES1!Education
by UnknownUnicorn2319099
3
BITCOIN EMOTIONS STRUCTURE — $100 000 per btc +644% Potential!!!Hey! Reading market emotions could be pain in ass ¯\_( 👁️ ͜ 👁️)_/¯ But what you can do about it? M arkets always flow in ups and downs, every minute emotions change so the market following well known sequence of emotions: ... Optimism — Believe — Excitement — Thrill — Euphoria — Complacency — Denial — Fear — Desperation — Panic — Capitulation — Anger — Depression — Hope — Relief ... This emotions sequence happen on all timeframes, you can find it every day and on every market/assets. Moreover this emotions people feel over and over during day and regular business and activities. I find 3 tips how to see market emotion stage: 1. Be Cold Mind — Check Twice 2. Take a Guess, but Control Risks 3. Watch Your Mood — Ask Opinions These steps can improve overall market feeling, but you have to train intuition and spend time on markets to find it's patterns. This require experience, so spend time to learn and try different things. Do not rush "all-in" if you are newbie, small is big in the trading. Peace and have good profits. Stay tuned to Artem Crypto. P.S. Bitcoin next stop could be near 100K, not joking. remember this chart? Good luck :)
BITSTAMP:BTCUSDEducation
by ArtemFuturesTrading
22
Cracking symmetry on 5 minute chart Trading View would not allow me to make this chart public on 5 minute chart therefore I've shown it on 15 minute chart. Follow instructions below to reconstruct it on 5 minute chart. See the symmetry in this random signal generator (created on 5 min chart) NOT ADVICE DYOR. Needs all Signal & MACD from 0< to >0 to (sources: high; close; low) & vice versa to span bullish (dark green)or all bearish (dark red) in Histogram, NOT ADVICE. DYOR.
BITFINEX:BTCUSDEducation
by UnknownUnicorn2181194
ETX Easy Trading X-Strategy Basic Analyse Bitcoin Long Position Warum Bitcoin in jedes Portfolio sollte. 1: Bitcoin ist ein unkorreliertes Asset 2: Diversifizierung, BTC optimiert Rendite-Risiko-Verhältnis 3: Bitcoin hat ein hervorragendes Stock-to-Flow Verhältnis 4: Bitcoin Adoption schreitet rasch voran 5. Bitcoin hat ein sehr gutes Sharpe Ratio im Vergleich zu anderen Vermögenswerten. 6. Die Wall Street investiert bereits hohe Millionen Beträge in Bitcoin 7. Bitcoin ist ein deflationäres Geldsystem 8. Bitcoin hat alle Eigenschaften von Geld und eignet sich besonders gut zur langfristigen Wertaufbewahrung 9. Bitcoin skaliert Sicherheit! 10. Vermögenswerte sind besonders Interessant bevor die breite Masse investiert hat.
BITSTAMP:BTCUSDEducation
by ETX-Trading
1
Bitcoin comfort - S&P Historic Closing Week using MACDFor range construction see below. NOT ADVICE. DYOR. FOR BITCOIN: Posted 3rd July Weekly close outside of this range. What are odds of a trap CONSTRUCTION Created signal with two MACD's. One the default and the other customized. Start range when one MACD crosses to positive and close range when the next to cross to positive is the other MACD , and vice versa. Colored ranges represent different combinations of pairs. CAVEAT- small sample size. NOT ADVICE. DYOR. Have superimposed MACD's over SPX chart. Follow direction when weekly close breaks out of range. No whipsaw/trap so far. CAVEAT - small sample size. NOT ADVICE. DYOR. FOR S&P: Posted 24th July To the rescue: S&P 500 - 5th Historic Closing Week since 1871 Check out stat. SPX needs all Signal & MACD from 0< to >0 to (sources: high; close; low)span more than 6 WKS NOT ADVICE. DYOR.
BITFINEX:BTCUSDEducation
by UnknownUnicorn2181194
Best Times To Play The Markets, Swing Trader Perspective.Here we have a chart of Nikkei 225 index on a 3 day chart. Nothing is more powerful than identifying potential trend reversals, notice that I said "potential". Nothing is guaranteed when it comes to trading, you will never be 100% winning in the markets. The only edge that you have when it comes to trading is identifying trend accumulation, distribution and risk management following an overall trend. If you apply S&R to a 5 min chart vs 1 week chart, which ones levels do you think will play a more valid role in the markets? The weekly will 100%! You better be a trained professional and have a good track record of experience if you think you're just going to show up to work everyday and try to scalp every single little move sitting in front of the monitor 24/7. I personally 100% believe the big picture is where it all counts. I believe the proper way to trade the markets is to use it as an investment vehicle to work for you over time. This is why on most of my charts you will see I'm a fan favorite of the daily chart and up. These timeframes are critical to identifying the major trends in the markets. You will be chasing your tail more than anything in a 5 minute timeframe and most likely realize why trading has such a high failure rate. Let the trade come to you! If you can learn how to manage risk and not let a bad trade get away from you, then you are already one major step ahead of the pack of failing retail traders. You see... this understanding to cut loss quick is more important than anything you will ever learn from the markets. The mentality of most retail traders is the famous "I want to get rich fast" mentality. When a trade goes against them, most have a tendency to hold onto that position with hope's to recover... this is how most blow their accounts. A lot of traders with this mentality tend to think they need to borrow money that they don't have from their broker, as if having more working capital will get them richer faster. If you can't trade with $25 in your account, chances are you probably don't need to use $25,000 to trade with. Most traders learn to become impatient with the market and use the lowest of timeframes where most of the noise in the markets occurs. Are their success stories of traders that made it as daytraders? ABSOLUTELY! I'm sure they went through years of training and learned to correct their failures. You can't let the markets beat you up if it goes against you and call it quits. You have to stay consistent and let every failure become a valuable learning lesson. It's going to take time, this is one of the hardest jobs on the planet if you choose to make it hard. ---------- So what do I look for? Like I said above I focus on trend trading from a technical analysis stand point. Observe the candles on the chart above. Green is buy pressure and red is sell pressure. Big bricks stronger pressure and compression doji bricks are weakened pressure. My goal at the end of the day is to look for the trend transitions at points of exhaustion. Notice how at the bottom of the crash the bricks began to compress to form a doji that shifted green, That's my transition. Look below and see the ema dots then also shot green and the custom rsi left oversold territory. That is your opportunity. You will manage your risk at these turning points. If you take a small hit and get stopped out, oh well. You managed risk and didnt let a trade get away from you. You can't control the market, you can only walk with it and not let your ego get in the way of trading. Now you see that we have tight compression forming up top of this major trend reversal from the bottom. Ema dots going red and the custom rsi is shifting down from overbought territory. These are the ideal times I look to trade. If I drop down to a daily I see that we have a valid Resistance level as price rejects off of it based off previous level. Will this Resistance hold strong to selloff? Who knows! The market makers will create the next move, not you. You have to play both sides when the time occurs. That Resistance is my edge. Price goes up and price goes down. In order for the price to go up or to go down it needs to transition in a sideways manner to accumulate or distribute in any market. My best chance of trading is finding these major potential reversal points, especially ones like this with such a tight compression and managing my risk. I will risk a small amount on a stop and diversify my portfolio. The market will not trend sideways and flatline forever. All you need to do is find these trend reversals, manage tight risk in anticipation to capture the next major trend. *This material is for educational purposes only
TVC:NI225Education
by UnknownUnicorn2319099
4
3 of 3 Candlestick Patterns That Pinpoint ReversalsBullish Hammer Candlestick These candles are easy to spot and they generally have taller wicks than their bodies, resembling a hammer's handle and head. They tend to close without (or with very little) upper wicks. Here's what a bullish hammer candlestick is telling us: Price opened near the highs of the candle and although sellers initially succeeded at pushing price lower, they lost the final battle when buyers tipped the scales in their favor again by closing price higher than the opening price.
COINBASE:BTCUSDEducation
by Tradingstrategyguides
Crypto Untapped Educational Series EP. 2: Drawing S/R LevelsIn today's episode, we review support and resistance as levels. We explain why price action moves the way it does via buyers and sellers and how to enter/exit based off liquidity in the markets. Enjoy! DISCLAIMER: Investing into cryptocurrency comes with inherent risk including technical risk, human error, platform failure and more. Invest at your own risk. None of our content is to be construed as financial advice, we are a cryptocurrency education platform.
COINBASE:BTCUSDEducation
by cryptountappedyct
What is Bitcoin? How I know Bitcoin?, and more to discuss!!!What is Bitcoin? Bitcoin is a form of money seem as US Dollar, Euro, Sterling Pound. It's the best and class money what is Bitcoin. The problem on the world is the currencies are controlated for bankers and monopoly that they as work make a devaluation of our currencies. If you know, compared the US Dollar with Gold, US Dollar has been devaluated althrough of the time and years, now, that is happen of Bitcoin, because US Dollar is devaluated in front of Bitcoin, now looking this awesome graphics that I prepare for you, Bitcoin is still bullish from they birth in the financial crisis of 2009 of US Home Buildings and Federal Reserve going to print more money to rescue the banks. It's very important for you and for me what is Bitcoin and why BItcoin is here to resolve this ran problem agains the banks and corrupt governments. Bitcoin is started on 2009 with the costs of less of $1 dollar, in that time I was a boy of 11 years old and I'd never heard of it in my school. Now I have 23 years old. How I know Bitcoin? Well, it's a grant question for you. Because all that How I know Bitcoin is a mysterious cases that I was happened in my life. All started on 2016 that I quit my university and I study it, but I quit my university for some stupids problems that I passed in my school, because I was always a good student, I'm inteligent, a I'm a student of A. So, I remember that in my last once that I havened in my school is in my Chemistry class and then, I will go to the home and dissapear of the university that I was studied. Of course, I studied Bachelor in Biology and I quit this career. I was sad to quit my career, and then I was dissapear for long, long and long time that you not imagine all that I passed in my life and later to quit my univesity I make excersise to less my weight and later of 10 months I will lossed near of 90 pounds that I become thin, but later fo 2 months after to making excersive I knowed Bitcoin I started to heard about Bitcoin on internet. I having issue in my life with my family later to discover a horrible secret that never say they until after 2 years later that I quit my university, my mother, my father, my aunts, my cousins and my rest of Family don't knowed that I quit the university on 2016 and they discover this horrible secret on 2018 that my family don't knowed it. That is a big obstacle that my family see it and don't knowed this horrible secret. Now, this is a short story of How I know Bitcoin, and did you know, it's sound so mysterious How I quit my university and know Bitcoin there taking this secret to hiding to my family's don't found out. But, that was happening on 2018. also in this year, is the year that I know Bitcoin. Firstly, on 2017 I heard about of Bitcoin, and that it's so curious for me to hear about Bitcoin. But, I Knowed Bitcoin later that Bitcoin reach the near of $20,000 USD. I rememebr that I knowed Bitcoin on February, 2018. So in summary, I quit my university on 2016, I heard Bitcoin at finally of 2017 later of 1 years later that I quit the university. And in 2018, that was the year that I knowed Bitcoin. Later to knowed Bitcoin, in few months I knowed other cryptocurrencies as Ethereum, Litecoin, Cardano, Bitcoin Cash, and other cryptocurrencies. So, I am so curious that I leave it. So, to understand what is Bitcoin based in my definition above, I pass a lot months to study Blockchain, Bitcoin and I was anwering deeping about it, and later on 2018 I understand very well what is Bitoin, cryptocurrencies and Blockchain, but I leave with a final conclusion that my mind say me that the following until I spoked and say: "Stop, one moment, that I don't will learned in my school and university" And that moment at finally on 2018, I was thinking of my expression, because it's true, very very true that never in my life passing my year studying in my school all my life, I'd never learned about it, and I was trusted and aggre of this expresion. But the problem for me to understand it I pass as 10 months to understand what is Bitcoin on 2018. Also to review, I read again what is Bitcoin, again, again and again. Because it's sound so curious for me why the banks are bad to created and print money, why Bitcoin is the best solutions agains the bank? That deeper question are very important for me to discover in my autodidactic studies. Now, that I making on 2019 the continuation of the sorprendent story of my life. On 2019, once that I understand what is Bitcoin, the only that I need to know: How money work? How bank's work? Why the Banks are bad and why more why? So, if you noticed, it's an deeper anwering that I havened in my mind to know that I'd never heard in my life. So, in 2019 I will learned about financial education, personal developments, Blockchain re-studies, I learned about the finance, how world work, how people think, and more details about how work the life, also I am interesting to learn and making trading that I here now. Also, in this year 2019 I knowed Forex, what is Forex, about for it, other financial markets as commodities about the silver, gold, others, oil, etc... And so, other markets as the indices, so on 2019 I study in the Forex academy to learn trading and passed a lot months to study, how to analyze charts, etc... Also, on 2019 it's for me the best year of my life, because not just I learn all of it, but I learn how banks work, how banks print money to devaluated our US Dollar taking in our hand, that is the biggest problem of the financial elite that get it our life to destroy the wealthly of the nation, and that is How I knowed the reality that i was guide of it, that never say me, never say me how bank's work, how money's work. And guys, I'm a people class with experience in all knowledge that I was passed in my life to guide to found out what is the reality problem that never of us it's going to found out. So, the word key is be brave in thing that people don't make. Just few brave people found out that normal people don't see it. And now on 2020, I;m prepared of this knowlege of the past year 2019 that I studied and found out this horrible reality about How bank's created financial crisis, now the situation of the coronavirus is not the just crisis, Federal Reserve and other banks are here to created a warn crsisi that people don't undertood. Well guys, thks ks my story about how I knowed Bitcoin passing for fears, obstacle, thorn and issues in my life to afront and fight agains of it that people don;t want to afront the fears. They get the fears go on dominate him. This is an important lesson that I learn in my life based in my personal developments and financial education and all training test that I passed. What I expect for Bitcoin? Well, it's a great question for me, because we are now in the re-accumulation zone in this yellow rectangle. That mean that Bitcoin has demand to continue up, I mark a trend line because it's so curious for me to tring to predict with exactly when we see a Bitcoin in the future. So, the possibility that Bitcoi is above of $20,000 USD soon is higher, so higher to see it. And the bull run is started when Bitcoin reach above of $20,000 USD, that is an interesting form to save Bitcoin and Hold, or any altcoin as Cardano that I do. The target it's could be for me $200,000 USD a Bitcoin, imagine you taking one BItcoin in your wallet, Bitcoin = Gold, Bitcoin is a gold and your treasury to save and accumulate wealth in the long-term to protect your money against the inflations in your currency. My Personal Opinion: Bitcoin is the best money that i knowed in my life, Knowed these concepts of money about Bitcoin, this digital currency it's was changed my life to understood what kind of money is Bitcoin. Well, for me, it's will go be the best investments that never I see in my life, because I accumulate Bitcoin while trading, that is all for me to undestood these fundamentals concepts about money. For more resources, I invited you to watch the interesting information to knowed about Bitcoin, How bank's work, etc...: bitcoin.org www.youtube.com That information is important to you, a education make the difference of what you are and not you should be as our society they are proggramed us. And guys, we are a traders group in trading view, thank you to believe me in my technical analysis, it's important the reputation of what kind of people I am.
BNC:BLXEducation
by harisonhbn9718
How To Trade Classical Head And Shoulder Formations.________________________________________________________________________________________________________________________________________ Hello Traders Investors And Community. Welcome to this idea about the classical head and shoulder top formation which can be found on smaller timeframes as also higher timeframes. Although there are inverted head and shoulder formations and formations which brake to the upside than to the downside there are often failures in these formations whereas this is the classical formation confirming the reversal with volume and the activated price-target with a high probability. The formation can be divided into 5 phases with each phase confirming the ongoing formation and besides that minor phases and major phases which increasing the possibility for the head and shoulder formation to form the final breakout and confirmation. The formation can be traded in several ways where the most common ways are either with the final confirmation or before the final confirmation, both with different risk-preferences and fitting to each trader individual approach. ________________________________________________________________________________________________________________________________________ Confirmational Phases 1.) Buying Climax On High Volume 2.) Consolidation And Declining Volume Upside Attempt 3.) Upward Breakout With Lower Volume To Prior Climax High 4.) Another Consolidation Like (3.) With High Declining Volume 5.) Neckline Forming By Lowest Point With Following Breakout ________________________________________________________________________________________________________________________________________ First Phase: Up to this point a strong upward breakout is reaching up to new highs with increased volume, this looks just like a continuation of the priors established uptrend till bearish pressure sets in and the first signs of weakness showing a possible stopping of the uptrend with firstly declining volume. Second Phase: In this phase, the price forms a consolidation zone which can look like a bull-flag or triangle in decreasing volume before it shows an upside breakout on low volume, this is also forming the overall left shoulder and the established channel can be used for the ongoing measured right shoulder. Third Phase: This is an important phase and the key point of the formation where another upside attempt follows with significantly decreased volume forming the head before showing a markdown with still lower volume marking weakness of the bulls and a continuation of the head and shoulder formation. Fourth Phase: This is the last attempt to form new highs in the structure with lower volume compared to the phases before and normally low momentum showing the increased weakness of the bulls before the initial markdown shows up and set up for the final breakout confirmation in the fifth phase. Fifth Phase: The final confirmation the fifth phase showing the break of the prior established neckline and therefore the last confirmation point where a breakout happens with high bearish volume confirming the following moves to the downside and activating the overall head and shoulder downside target. ________________________________________________________________________________________________________________________________________ Trading Approaches A.) Trade The Final Confirmation B.) Trade The Right Shoulder Forming Trade The Final Confirmation: In this approach, a trade on the short-side is placed when the dip down of the right shoulder penetrates the neckline which is confirming the overall formation, the stop-loss is placed above the right shoulder, a variation of this is to sell short when the right shoulder has finally broken the neckline to the downside but as this move can be volatile and fast it has to be done before the selling pressure sets in, the minimum target is the price projection from the high at the head of the formation to the neckline measured from the breakout to the downside. Trade The Right Shoulder Forming: This is the more speculative variation but can result in a good risk-reward and profit potential, in this scenario the trade is placed when the head with low volume has formed, price touched the neckline and the head of the right shoulder is forming on decreased volume, the stop-loss will be placed above the head of the formation or above the right shoulder. Placing the stop above the head of the formation in this variation will be the more logical and conservative approach, the targets in this variation are the same like in the first one with price projection of final confirmation. ________________________________________________________________________________________________________________________________________ When spotted right and traded in the mentioned manner the trade of this formation can lead to a good profit. Also, the volume is playing a major role in this formation, although it can vary in some cases it will add to a high probable trading setup on the short-side. There are other variations of the head and shoulder formation but they arent that accurate in the approach like the classical head and shoulder top formation pointed out here. ________________________________________________________________________________________________________________________________________ In this manner, thank you for watching, support for more tutorials and a good day! trading effectively is about assessing possibilities not certainties Information provided is only educational and should not be used to take action in the markets. ________________________________________________________________________________________________________________________________________
BITSTAMP:BTCUSDEducation
by VincePrince
32
Rounded Top and BottomI am back with my new idea On chart pattern. Today, we will discuss about rounded Top and Bottom. So Let's talk about rounded Top & Bottom . First of all i Made chart , You can see on screen. This is > (+) Rounded Top : & (+) Rounded Bottom : The rounded bottom formation forms when the market gradually yet steadily shifts from a bearish to bullish outlook while in the case of a rounded top, from bullish to bearish. we can easily check signal of buy and sell. The Rounded Top formation consists of a gradual change in trend from up to down. The Rounded Bottom formation consists of a gradual change in trend from down to up. This formation is the exact opposite of a Rounded Top Formation. The rounded bottom formation forms when the market gradually yet steadily shifts from a bearish to bullish outlook while in the case of a rounded top, from bullish to bearish. The Rounded Top formation consists of a gradual change in trend from up to down. The Rounded Bottom formation consists of a gradual change in trend from down to up. This formation is the exact opposite of a Rounded Top Formation. Thanks you for your valueable time...
BITSTAMP:BTCUSDEducation
by Trade-Technique
60