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Bitcoin (Cryptocurrency)

Bitcoin (Cryptocurrency)

🐋 Deep Dive Part II: Whale Behavior & Market Mastery!🌊📚 (Vid)Hey Crypto Enthusiasts! 🚀 In a recent analysis, I not only nailed Bitcoin's (BTC) movement but also illuminated the subsequent altcoin surge, driven by insightful whale behavior observations. Let's merge these insights with a focus on ADA (Cardano), OP (Optimism), SOL (Solana), and BTC. 📊 Cardano's (ADA) Meteoric Rise 🌟 ADA's journey began with a break above a pivotal support-resistance level. My entry point at 0.256 turned into a remarkable rally, hitting 52 cents. This movement was a classic case of altcoin buoyancy following Bitcoin's pause. Optimism (OP) and the Altcoin Breakouts 🌈 In the shadow of Bitcoin's stagnation, altcoins like OP exhibited significant breakouts, showcasing the shifting focus of market whales from Bitcoin to promising altcoins. Bitcoin (BTC) and Whale Dynamics 📉 Bitcoin's behavior provided a crystal ball into the whale activities. As BTC approached a major resistance level, it signaled a strategic move by whales to divert funds towards altcoins, catalyzing their surge. Solana (SOL) and Market Trends ☀️ Solana's chart also mirrored this trend, highlighting the broader market dynamics influenced by these significant players. 🔍 Insight on Whale Behavior: My analysis delved deep into the whale behavior, highlighting how Bitcoin's rally and subsequent pause was a precursor to altcoin dominance. This strategic pause in Bitcoin's ascent was a clear signal for the whales to redistribute their focus and capital, sparking a remarkable rise in altcoins like ADA, OP, and SOL. 🔄 The Bigger Picture - Understanding Market Shifts: What this trend teaches us is the importance of reading between the lines. Whale movements often precede major market shifts, and by understanding these patterns, we position ourselves to make informed decisions. 🧠 Future Outlook: As we continue to monitor these market dynamics, it's crucial to stay vigilant. The crypto market is known for its volatility, and while the current trend favors altcoins, it's essential to be prepared for any shifts that may arise. Always keep an eye on key resistance and support levels, market sentiment, and global economic factors that could influence the next big move. 🌐 Together, let's stay ahead of the curve in this fascinating and ever-evolving world of cryptocurrency. Your insights and engagement are what make this journey exciting and rewarding! One Love, The FXPROFESSOR 💙 part 1:

Education

07:56

by FX_Professor

Buy the Breakout✅ Or Have a Hard time Buying Dips❌Hello Traders! 👋 Excited to bring you another insightful post on Tradingview, highlighting a smarter approach to trading cryptocurrencies. This time, we're focusing on the effectiveness of 'Buying the Breakout' ✅ over the uncertainty of 'Buying the Dip' ❌. 🔑 Strategic Analysis: 1️⃣ Bitcoin (BTC): We begin with Bitcoin, showcasing how choosing breakout points over dips can provide more reliable and timely entry points. 2️⃣ Matic (MATIC): Next, we look at Matic, illustrating how its breakout points, when combined with simple technical analysis, offers a clear strategy for market entry. 3️⃣ Fantom (FTM): Lastly, we explore Fantom, a prime example of how a classic crypto breakout strategy can outperform dip-buying, leading to more significant gains. 🧠 Trading Psychology: It's crucial to understand the psychological aspect. Consistently buying dips may lead to missing breakout opportunities, potentially resulting in shorting at the wrong moment... or endlessly like Borat at the end of this post 💡 Smart Profit-Taking: Remember, taking profits partially is key. Secure your gains and keep some positions open for further potential growth, balancing risk and reward effectively. I personally usually set 4 targets for spot at 25% each. The first 2 get me some profit and the last 25% is for my retirement; so i never touch that 25%, ever. 🚦 Managing Fake Breakouts: A vital part of trading breakouts is dealing with the possibility of a fake breakout. Here's where your skills truly shine. By having a calculated exit strategy, you can minimize risks even if the breakout turns out to be false. This approach ensures that your trading decisions are not only proactive but also protective of your capital. This post is crafted to enhance your understanding and application of these strategies, whether you're a veteran trader or new to the game. 📚 It's all about making informed, strategic decisions in the dynamic world of crypto trading. 🌟 When it comes to crypto, it all starts with the fundamentals: selecting assets with solid backing, innovative teams, and a clear, strategic plan. This foundational step ensures that you're investing in cryptocurrencies that not only have potential for technical breakouts but also possess the intrinsic value and growth prospects backed by strong fundamentals. 🔍Join me in this journey as we continue to explore and attempt to conquer the markets. Your thoughts, experiences, and insights are always welcome in the comments section below. Let's keep pushing the boundaries of what we can achieve together in trading! Just remember that Trading should be fun thus we must play with funds we can afford to sacrifice. ❌❌❌Don't be like Borat: ❌❌❌ One Love, The FXPROFESSOR ✅

Education

by FX_Professor

Updated

Decoding RSI during bear market, the Constance Brown way!RSI, as conventionally understood, does not oscillate between 70-30. This idea explains the RSI behaviour during bear market phase.

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Decoding RSI during bull market, the Constance Brown way!RSI, as conventionally understood, does not oscillate between 70-30. This idea explains the RSI behaviour during bull market phase. Stay tuned for similar idea explaining RSI behaviour during bear market phase.

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Overview of good ideas I had :)☝️Dear traders, no one here has superpowers, and I'm as well just a human. Please take everything with a degree of doubt and critique. I'm just sharing my view and one of the possible scenarios of price action. When I enter I try to predict as little as possible and actually follow what the market is doing, joining the market and not arguing with it or forcing my will. Have good trading, keep a constant flow of self-awareness, and do your best. 🙌

Education

09:57

by Yelli_trades

Elliott Wave Principles Basics of Elliott Wave Principles explained in the simplest possible way.

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Bitcoin: The Future Of Money Bitcoin, the world's first and most prominent cryptocurrency, has sparked a revolution in the financial landscape, challenging conventional notions of money and paving the way for a decentralized digital economy. Its potential to transform the future of money is undeniable, but its journey towards widespread adoption is still in its early stages. Decentralized Digital Currency Bitcoin's core innovation lies in its decentralized nature. Unlike traditional currencies controlled by central banks, Bitcoin operates on a distributed ledger technology called blockchain, where transactions are recorded across a vast network of computers. This eliminates the need for intermediaries like banks, empowering individuals to take control of their finances and fostering greater financial inclusion. Key Features of Bitcoin Several characteristics make Bitcoin a compelling alternative to traditional currencies: Decentralization: Bitcoin is not controlled by any government or institution, reducing the risk of manipulation and promoting financial independence. Transparency: All Bitcoin transactions are publicly visible on the blockchain, ensuring transparency and accountability. Security: Bitcoin's cryptographic underpinnings make it highly secure, preventing counterfeiting and double-spending. Scarcity: Bitcoin's supply is limited to 21 million coins, preventing inflation and maintaining its value over time. Potential Impact on the Future of Money Bitcoin's potential to transform the future of money is multifaceted: Cross-border payments: Bitcoin can facilitate fast, low-cost international transactions, eliminating the barriers and costs associated with traditional remittance systems. Financial inclusion: Bitcoin can provide financial access to the unbanked and underbanked populations, particularly in developing countries. Innovation in financial services: Bitcoin can foster the development of new financial services and products, such as decentralized finance (DeFi) and micropayments. Challenges and Uncertainties Despite its potential, Bitcoin faces several challenges that could hinder its widespread adoption: Volatility: Bitcoin's value has historically been highly volatile, making it a risky investment and deterring its use as a daily currency. Regulation: Governments worldwide are still grappling with how to regulate cryptocurrencies, creating uncertainty for businesses and investors. Scalability: Bitcoin's transaction processing speed is limited, which could pose a challenge as its usage increases. Adoption by merchants: The acceptance of Bitcoin as a means of payment is still limited, hindering its practicality for everyday transactions. Conclusion: A Promising Future Bitcoin's potential to revolutionize the future of money is evident. Its decentralized nature, security, and transparency offer a compelling alternative to traditional currencies, particularly in areas like cross-border payments and financial inclusion. While challenges such as volatility and regulation remain, Bitcoin's underlying technology and its potential to disrupt the financial landscape make it a force to be reckoned with in the future of money.

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Bitcoin: The World Reserve Currency Introduction: The World Reserve currency is a currency that is widely used in international trade and finance. It is held by central banks around the world as part of their foreign exchange reserves. The United States dollar (USD) has been the world reserve currency since the end of World War II. In recent years, there has been growing interest in Bitcoin as a potential world reserve currency. Bitcoin is a digital currency that is decentralized, meaning that it is not controlled by any government or financial institution. It is also highly secure and transparent. Advantages of Bitcoin as a World Reserve Currency There are several advantages to using Bitcoin as a world reserve currency. These include: Decentralization: Bitcoin is decentralized, which means that it is not controlled by any government or financial institution. This makes it resistant to manipulation and censorship. Security: Bitcoin is highly secure, thanks to its use of cryptography. This makes it a safe and reliable store of value. Transparency: All Bitcoin transactions are recorded on a public blockchain, which is a transparent and tamper-proof record of all transactions. This makes Bitcoin a very transparent currency. Scarcity: Bitcoin has a limited supply of 21 million coins. This makes it a scarce asset, which can help to protect its value. Global reach: Bitcoin can be used by anyone in the world, regardless of their location or financial status. This makes it a truly global currency. Challenges to Bitcoin as a World Reserve Currency Despite its advantages, there are also some challenges to using Bitcoin as a world reserve currency. These include: Volatility: Bitcoin is a volatile asset, meaning that its price can fluctuate wildly. This makes it a risky investment for central banks. Adoption: Bitcoin is still not widely adopted by businesses and governments. This makes it difficult to use as a world reserve currency. Regulation: There is currently no clear regulatory framework for Bitcoin. This could pose a challenge for central banks that are considering using Bitcoin as a reserve currency. **Overall, Bitcoin has the potential to be a successful world reserve currency. However, there are still some challenges that need to be addressed before it can be widely adopted. Future of Bitcoin as a World Reserve Currency The future of Bitcoin as a world reserve currency is uncertain. However, there are a number of factors that could contribute to its adoption, including: The continued growth of the digital economy: The digital economy is growing rapidly, and Bitcoin is well-positioned to play a major role in this economy. The increasing adoption of Bitcoin by businesses and governments: As more businesses and governments adopt Bitcoin, it will become more difficult to ignore its potential as a world reserve currency. The development of new Bitcoin-based financial products and services: The development of new Bitcoin-based financial products and services could make Bitcoin more attractive to central banks. It is still too early to say whether Bitcoin will become the world reserve currency. However, it is a serious contender, and it is worth considering the potential benefits and risks of using Bitcoin as a reserve currency. Thanks Hexa

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Chart analysis and trading strategy are different Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1D chart) The key is whether it can receive support around 36426.87 and rise to the first resistance zone. This period of volatility will be around November 16 (November 15-17). If it fails to rise above 36426.87, it is important to see whether support can be found around 32917.17-34110.32. In order for this upward trend to be maintained, the price must be maintained above 29850.45. If you have analyzed the chart with the above information, the important question is how to start trading, that is, how to create a trading strategy. First, I decided that I could start buying when I saw support at a certain point or section through chart analysis, but I realized that I had to make several more decisions to actually buy. 1. Should I buy it in installments? If I buy it in installments, how many installments will I buy it in? 2. How much investment should be made when purchasing? 3. How to set the investment period between day trading and long-term trading. 4. When starting a transaction, how will you decide on a trading method, such as a stop-loss point or target point, and how will you realize profits? As in the example above, in order to make a transaction, you need to think about and decide on many things. However, when the chart analysis is completed and the time to buy comes, buy with a rough investment amount, roughly think about the stop-loss point and target point, and start trading. And then, if the chart moves as expected, it's good, but if it doesn't, then you have to worry about the above. Then, I think that because your thoughts are influenced by price fluctuations, you end up trading in the wrong direction, increasing the chances of your trading failing. Therefore, you must have some basic understanding of trading strategy to be able to trade quickly. The concept of a basic trading strategy can be customized to suit you using the example below. 1. The purchase principal, purchase method, selling method, stop-loss point determination method, and profit realization method must be standardized for each investment period. Therefore, the basic concept of investment period from day trading to long-term trading must be determined in advance. However, since each coin (token) responds differently, it is not easy to divide them accurately. Therefore, you must first consider the size of the purchase principal and stop loss point for each investment period. 2. Trading must ultimately proceed with a contrarian approach. Therefore, you should not proceed with trading by thinking the way you normally think. Therefore, when the price rises, you must choose a point to sell, and when the price falls, you must choose a point to buy. However, if you are new to trading, you want to buy when the price is rising and sell when the price is falling. Since trading requires such a change in thinking, it is not easy to get used to it. Therefore, it is necessary to take time to become familiar with trading by making many transactions with small investments until this change in thinking occurs naturally. 3. Trading is a psychological battle. Therefore, if you start trading psychologically, you will feel psychologically anxious and burdened, and there is a high possibility that you will proceed with trading in the wrong direction. Therefore, when you are about to start trading, you need to determine what your psychological state is like. If you are judged to be psychologically excited, that is, anxious, you should not start trading. Even if you start trading once or twice and make a profit, if you continue to trade while you are in a psychologically anxious or excited state, you will end up incurring large losses. 4. Additionally, trading is a game of probability. Therefore, you must select a trend by combining various information obtained through chart analysis. Therefore, the information obtained from chart analysis must contain a lot of objective information. The analysis techniques that you study, such as wave theory or other patterns, ultimately have no choice but to be applied to your own psychology. Therefore, rather than such information, you should start trading by selecting a higher direction or trend by combining the basic information obtained by using the chart indicators, that is, objective information. There are a ton of chart analysis techniques out there. However, I think that analysis techniques that have a selection point that you must choose are essentially useless if you are not prepared for the three psychological warfare mentioned above because it is highly likely that your psychology will be applied in the end. Looking at the ideas currently published on TradingView, there seem to be a lot of wave theory and harmonic pattern analysis techniques. These analysis techniques are excellent analysis techniques and have been proven by many users. However, if you do not have a trading strategy like the one I mentioned earlier, you have no choice but to analyze charts and conduct other transactions. Therefore, before studying various chart analysis techniques, you must first study the concepts of candles, moving averages, support and resistance. Then you need to practice creating a trading strategy. Once you are able to create a trading strategy to some extent, I think it would be a good idea to study various high-level chart analysis techniques. In fact, if you can create a trading strategy, there is no need for advanced chart analysis techniques. As I have said repeatedly, the more time you invest in chart analysis, thinking that chart analysis is the same as a trading strategy, the more you will inevitably feel the limitations of your trading skills. This is because there are many cases where you cannot proceed with trading as you analyzed, so you have no choice but to be negative about trading. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------

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important to check whether there is support or resistance Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- From the moment we start trading, a mental war of attrition begins. Even if you create a trading strategy in many cases before starting trading, the mental battle of attrition due to price fluctuations begins after you start buying. In order to win this mental war of attrition, a plan to lower the average purchase price is inevitably needed. Therefore, concluding a purchase in one transaction can easily result in losing the mental battle of attrition. This phenomenon is clearly evident in futures trading. In order to reduce this formal war of attrition, it is recommended to refrain from breakout trading whenever possible. Looking at the example chart, I've marked several support and resistance points. We know that in most cases, it is not too late to check support and resistance at these support and resistance points and proceed with the transaction. However, when the price fluctuates, a mental war of attrition begins as trading proceeds immediately without checking basic support and resistance. I believe that this phenomenon is caused by anxiety caused by one's own greed. In order to reduce these conflicting elements, it is necessary to practice checking for support and resistance at the points of support and resistance. We use several methods to check for support and resistance. No matter which method you use, the most important thing is to remember that the method that suits you is best. Basic support and resistance can be outlined to some extent by checking the 1D chart for at least 1 to 3 days. If a trend appears after this period, it corresponds to a coin (token) that shows rapid movements in the short term. Otherwise, you will see sideways movements for about 7 to 10 days. However, since the coin market allows trading 24 hours a day, it is quite difficult and difficult to check support and resistance for at least 1 to 3 days. This leads to rapid transactions, resulting in a formal war of attrition. There is no special way to check for support and resistance. The know-how you gain depends on how many transactions you have made. Also, it is important to think in advance about how you will respond when support and resistance appear in the opposite direction of what you expected. I think the reason trading is called gambling is because this method cannot be defined. So, I think there are people who say that it is a game with a 50% chance of going up or down. However, these thoughts will gradually disappear as you create a response strategy according to price fluctuations through studying charts and trading strategies learned through many transactions. Ultimately, whether you accept the know-how you gain by conducting many transactions at your own will as your own and whether you correct your mistakes will ultimately determine the success or failure of the transaction. - Can you create the necessary support and resistance points or sections to check whether there is support or resistance? - Even if the support and resistance points or sections were selected incorrectly, can you trust the support and resistance points or sections and find a response plan? Chart study must be done to satisfy the above contents. Terms, patterns, and trends on charts only serve to modify your trading strategy while trading. In the end, we must not forget that everything begins by checking the support and resistance at the support and resistance point or section. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------

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Bitcoin Dominance Cheat Sheet Hi Traders, Investors and Speculators of Charts📈📉 Bitcoin dominance and the rotations between BTC and altcoins can be confusing. Enjoy this easy-to-understand guide to BTC.D , and why it is important to watch alongside with the bitcoin chart. 👇👇👇 BTC dominance is calculated by dividing the market cap of BTC by the total market cap of all cryptocurrencies. If the TOTAL market cap is 1.5 trillion and the market cap of alts increases, then BTC dominance will go down unless the market cap of BTC also increases. But to really understand the rotation of money between BTC and alts, you'll need a clear understanding of how how market caps all fit together. Imagine a pie where each slice represents a different cryptocurrency. The pie here indicates the total cryptocurrency market cap of both Bitcoin and altcoins, which can increase or decrease at any given time. In other words the TOTAL chart. - If BTC market cap increases but altcoin market cap shrinks (relative), the pie stays the same size. - If BTC market cap increase and altcoin market cap increases, the pie size increase and so forth. If BTC dominance is at 40%, it means that the BTC slice of the pie chart is 40% of the total size of the pie. The remaining 60% of the pie is made up of all other cryptocurrencies (altcoins). A pie chart from March 2023: Now, imagine a new bullish cycle starts across the crypto markets. This causes the market capitalization of both altcoins and Bitcoin to increase. If the market capitalization of BTC also increases, but at a slower rate than the market capitalization of altcoins, then BTC dominance will remain stable even though BTC Price increases AND altcoins prices increase. This is because the BTC slice of the pie is still 40% of the total size of the pie, even though the pie has grown larger. In other words, the pie has gotten bigger, but the size of the BTC slice has remained the same relative to the rest of the pie. Here is another way to think about it: Total market cap: $1.5 trillion BTC market cap: $900 billion Alt market cap: $600 billion BTC dominance: 60% Now, let's say that the alt market cap increases by $200 billion and the BTC market cap increases by $100 billion. The total market cap would now be $1.8 trillion and the BTC market cap would be $1 trillion. BTC dominance would still be 60%, even though the price of BTC increased because the overall pie has gotten bigger. Here is an example of how the BTC dominance falls, but BTC price increases: Total market cap: $1.5 trillion BTC market cap: $900 billion Alt market cap: $600 billion BTC dominance: 60% Now, let's say that the alt market cap increases by $200 billion, but the BTC market cap only increases by $100 billion. The total market cap would now be $1.8 trillion and the alt market cap would be $800 billion. BTC dominance would now be 50%, even though the price of BTC has increased. As a summary: UP: BTC d ominance is increasing, meaning that BTC is outperforming altcoins. STABLE: BTC d ominance is remaining relatively unchanged. This could indicate price movement on either Bitcoin or Alts . DOWN: BTC d ominance is decreasing, meaning that altcoins are outperforming BTC . We see an increase of market capitalization on the TOTAL chart: _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 We thank you for your support ! CryptoCheck CRYPTOCAP:BTC.D CRYPTOCAP:TOTAL

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by Crypto-Check-

Updated

How to Improve Trading Results Hey, traders! The market is bullish now and let's talk about how we can improve our results in all cycles of the market. There are several factors that can enhance your trading results: your system, psychology, risk management, hobbies, the right environment, and healthy habits. Working on these variables will undoubtedly bring you closer to your trading goals. However, there's another factor that is often overlooked, and that's income unrelated to trading. It's essential to discuss this. Relying solely on trading income, especially in the early stages, can create unnecessary pressure. Diversifying your income sources will allow you to approach the trading process more consciously. I know many profitable traders, and almost all of them have additional income sources, such as paid communities, educational endeavors, businesses, real estate, or traditional jobs. No one relies solely on trading. Why does this happen? First and foremost, your knowledge about the market doesn't always translate into profits. You might make a quick buck by speculating on an illiquid asset that suddenly skyrockets, but this approach won't bring consistent profits in the long term. Lucky traders often give back their gains and end up with nothing. Smarter traders invest in assets that generate income regardless of market conditions and their psychological state. Diverse income sources can provide a sense of security and confidence in everyday life and when making trading decisions. Having a bad trading month? No problem. Losses can be covered by income from other areas. Your basic needs can be met with steady income, while trading serves its primary purpose — long-term capital growth. Since I diversified my income sources (one of them being this channel), my trading results have significantly improved. The pressure has eased, and the quality of my trades has increased. Now, I'm not tied to my charts for 40-hour workweeks. I trade when I want to. Trading has transformed from a pursuit of profit to a search for opportunities. I only enter a trade when I see a genuine opportunity. Take today as a starting point. You probably have some source of income that covers your basic needs. I understand it might not be the most glamorous income, and you might want to improve your quality of life right now. Don't rush to give it up in favor of trading, even if you're confident in your trading skills. Take your time and establish an additional source of stable income. Look at trading as a springboard to help you reach your goals faster. Don't put all your capital in one place. Think about the future and develop multiple income streams. Increase your profits and enhance your emotional well-being. You can have a deep understanding of trading concepts, but when your life depends entirely on trading, it can be challenging to apply that knowledge due to immense pressure. 80% of your success in trading comes from psychology and risk management. You need a strong mental state to open quality positions without overwhelming yourself. The best way to achieve this state is to make trading "one of" your income sources, not your "only" income source.

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5 RULES DISCIPLINED TRADERS FOLLOW 👨‍🎓Hey guys! In this article you will learn about 5 RULES DISCIPLINED TRADERS FOLLOW, let's dive in it! But before you do so, make sure you follow my page and turn TradingView notifications ON! Let's go! 1️⃣ Follow Financial Plan, Do Not Go All In A trading plan is a written set of rules that specifies a trader's entry, exit, and money management criteria for every buy or sell entry. Do not go all in! Want to lose most or all of your money real fast? Make outsized trading bets, like a roulette player betting it all on red or black. In fact, big trading bets are a form of gambling. So avoid gambling, stop going “all in” in single stock or coin. Start planning your investments, invest in the long-term at least 10% of your income every month in markets and other assets. If you invest a certain amount every month, you are buying shares in good times as well as bad times. In good times, the value of your shares increase. If you keep your cool and stick with the plan even when the market is down, you get more shares for your money. These additional shares boost investment returns when the market rebounds. This is a big part of the reason why regular stock investors get a higher long-term return compared to safer investments despite the temporary ups and downs in the market. A long-term investor has a minimum of a 20-year time horizon; this time frame enables them to avoid playing it safe and to instead take measured risks, which can ultimately pay off in the long run. 2️⃣ Treat Trading Like A Business To be successful, you must approach trading as a full- or part-time business, not as a hobby or a job. If it's approached as a hobby, there is no real commitment to learning. If it's a job, it can be frustrating because there is no regular paycheck. Trading is a business and incurs expenses, losses, taxes, uncertainty, stress, and risk. As a trader, you are essentially a small business owner and you must research and strategize to maximize your business's potential. Think in Long term – Don’t trade like you are going to retire tomorrow Have a Clean Trading Office That inspire you Have a trading Plan for Your Trading Business Don’t Present Yourself all Over the Market – Have a Proper EDGE over the Market Have a Strict Daily Trading Routine & Follow it Continuously Always Protect Your Trading Capital Have Solid Trading Journal 3️⃣ Don't Trade Everyday You don't have to open trades every day Beginners tend to think that professional traders open their trades every day. But this is not true. Professional traders wait for good trading opportunities and only then enter the market. Some days there will be no good trading opportunities. Sometimes the volatility will be too low, and you simply will not be able to take more or less decent profits. Sometimes, on the contrary, the volatility will be too high, and you will not be able to open your trades safely. There can be many different reasons in the market when it is best to refrain from trading. Experienced traders know when to sit back and just wait. At the same time, most novice traders constantly open new positions because they think they should trade. But in the end, they make bad trades and constantly suffer losses. If you don't find valid good entry points, but still open new trades, you will lose much more money than if you had the patience and stayed out of the market. 4️⃣ Accept Losses, Losses = Learning It is much more useful to accept the fact that losses are the norm rather than the exception. It is also vital to define your potential losses before you enter any trade. Define your possible loss, or risk, in comparison to your possible reward, or profit. It is also vital that you don't take losing personally. 5️⃣ Risk Only What You Can Afford to Lose Let the profits flow and cut the losses. This idea is one of the most common among traders. As George Soros said: It doesn't matter if you're right or wrong. What matters is how much you earn when you are right and how much you lose when you are wrong. The key to trading success is to grow your profitable trades. Traders who are afraid of losing their money often stop paying attention to the market situation and become too attached to the current profit. They make their decisions about open positions based only on the fear that the price will not reach their profit. We know that unfixed profits still belong to the market. But once you start cutting back on your winning trades, you also cut your risk to reward ratio. Of course, sometimes the market will give you less profit than you bargained for. And that's okay. To trade successfully, you must free the market and stop restricting it. But if you are trading with money that you fear losing, you will not have that luxury. Instead, you will be afraid of losing your accumulated profits and you will not be able to sit back and let the market do its job. The beauty of using multiple risk-reward ratios is that you can ignore your winning ratio and still make good money. If you reduce this ratio, you are faced with the need to make a high percentage of profitable trades in order to make a profit. Basically, you yourself are reducing your chances of achieving success. Stay tuned for further updates! Always learn, never give up! Best regards Artem Shevelev

Education

by ArtemFuturesTrading

Updated

HOW TO BALANCE YOUR LIFE AND TRADING Hey! When we all started we passed trough some difficulties in trading. Usually we face this problems during first year of trading. Most of people by the end of year losing all of money and quit trading forever. Basically this caused by overtrading and having no idea what to do. Like many business in our lives trading require some abilities and technics which you can study and apply to get good results. But when you are novice trade you probably don't even know where to start. So on the pic you see basic problems and solutions to start from: PROBLEMS: - Worried about trades all day and night This point distracts from important things and giving huge depression in your live. - Losses affecting personality and mood When you starting to losing too much, it often hard to get money back, moreover trying to recoup will give even more loss. - Mindset confusion Like every depression in our lives it confuses our abilities to think clear. - Rushing for new trades Overtrading is common mistake, causing huge losses from impatient traders/investors. - Trading assets for all of your money I f you ever tried trading for 100% of your money — write me a comment! This problem causing new traders losing too much, and trading become gambling. SOLUTION: - Plan your trades Focus on the future trades, plan your entries, take profits, stop loss. Like every business it should be planned and if something not working you have to fix it and try again. - Take small trades In trading Small is BIG, start with small trades, don't give rush, if you will not be rich till the end of year it is okay. But first learn how to trade and make sure you learned from mistakes and wins. - Focus on affordable risk Yeah, just 10% from traders have profits every month, rest of traders struggling somewhere in the middle. To make sure you will be in 10% winners, try to understand your risks before opening new trades. - Use trading system Trading system is something which suits your personality, you have to try different strategies and technics before understanding your trading criterias. But once trading system is setup, you will be fine and closing months in solid profits. - Take breaks in trading Make sure you have some time for other activities, try to plan your trading time and sometimes on the market is nothing to do, so take a breath and relax. Market won't go away :) 👍I appreciate your likes and comments below this post, lets discuss our problems in trading! 💬

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by ArtemFuturesTrading

Updated

The Evolution Of Money: From Barter-System To Cryptocurrency!Hello, Welcome to this analysis about The Evolution Of Money. Till today money had a protracted history reaching back to times where there even did not exist electricity or industry like we now it these days. Since these beginnings money constantly reshaped and emerged new forms of money that theoretically can be applied still today however it is also a fact that it is important in which form the money circulates bringing innovation and prosperity to the civilization as there are money forms although logical from its form however contra-productive for the further developments. __ The Barter System (High Phase 98000 BC - 900 BC): It is clear that in times where people did not have the ability to keep a sufficient store-of-value they had to adapt to circumstances and exchange what they had in order to receive things they need for everyday living, this form of money is called the "Barter-System". This system principally defines the exchange of goods and services against other goods and services. It was a typical hunter-gatherer-form of exchange between the individual occupations. For example, a fisherman had a lot of fish however no grain to exchange for and on the other side there was a farmer which had a lot of grain, however, no fish to eat, so these two come to an agreement to exchange the fish against the grain in order to fulfill both sides needs. This system had a lot of substantial problems as it was not possible to store any value with the goods and services, besides it only functioned when the other side also searched for the offered product therefore there needed to be a double coincidence of wants otherwise an exchange was not fulfilled by both sides agreements. Besides that there was the issue with the indivisibility of goods, for example, one had one goat and needed one pot therefore it was only possible to exchange one goat against 10 pots and now the goat holder was stuck because he could not share the goat into 10 pieces to received his one pot as needed. Overall it was a complicated exchange system that definitely could have been improved. Commodity Money (High Phase 6000 BC - 500 AD): Since it was not possible to store values with the Barter-System as there were also many goods that fouled by the times this could also be improved by the right commodities that do not foul. In ancient Rome, the Romans moved on to keep salt as a store of value and exchange for goods and services. Salt is easily divisible, it can be stored for a long period of time and it was expensive and labor-intensive to produce therefore limited in quality, besides that it was widely consumed by everybody. Additionally to salt, many other forms of this commodity money emerged such as Cattle, Tobacco, Rice, Sugar, or Tea. All commodities which can be stored over a long period and exchange properly. Together with these new gained advancements, it was a step in the right direction nevertheless there remained significant negative aspects in the commodity money these are various things such as some forms of cattle are very difficult to store because they need to be fed constantly and can not obtain a passive store, other forms like cowry shells are fragile and need to be transported carefully. Besides these storing problems, it was always difficult to transport over long routes as the commodities can take up so much room that it was simply so unpracticable to transport them over long distances. Also, there existed not universal acceptability so the two exchange partners needed to agree on the exchange of these commodities to come up with a deal. Metal Money (600 BC till today) Metal money was a true revolution in the money evolution and the story speaks for itself as it is still today widely accepted and a sufficient store of value with gold and silver holding its values. Against the commodity money, it was stable and had an inherent value as it is rare in nature as well as its supply is limited, the perfect characteristics for a natural store of value and also exchange value. As metals were already used for armors and tools and had already the value within these products this kept advancing with the first coins to be pressed in ancient Greece 600 BC after which the metallic money kept advancing into more sophisticated forms such as the IOUs and also tender coinage bringing a practicable way to pay for goods and services. The Metallic Money shaped into different forms like the IOUs where Goldsmiths backed the gold and gave people a trust which they can exchange in order to receive goods and services, so the people came to the goldsmith and bought basically gold for which they received the document to pay with. The only problem with this system was that the Goldsmiths created fake IOUs and kept spending them. Besides this form, there was the legal coinage in Rome for example with gold coins issued by the empire however the problem, in this case, was that it got debased over time as the people mixed more cheap metal like copper with the gold coins to get a higher supply, today it wont function so easily as it can be proved nevertheless in this time it marked a serious issue. Paper Money (1690 till today): The emerging paper money in fact marked a true change in the whole money system as now it was not possible to issue by everybody, now it was issued by a central authority whereas these authorities firstly existed private also the mission came more and more into central bank area. The first printed money was created in 1690 in the form of a bill of credit to serve as a promissory note by the government on its own credit, these bill of credits were unsecured paper money and at this time in the 17th to 18th century, it was still possible to have private money with private companies creating own bills with the individual exchange qualities to get into the circulation. Till today many currencies have established holding the money as it is issued by certain central banks such as the US-Dollar by the Federal-Reserve-System or the EURO by the European-Central-Bank. The problem here is that this money is printed by will and the central banks have the ability to just print more when the time is needed to do so like it was seen in the corona crisis where the money sum moved exponentially to new heights. Although Paper Money is still omnipresent and used as a store of value as well as exchange value to there are important faults that need to be improved to keep a healthy economic balance and obtain continued stable money. Plastic Money (1946 till today): In the 20Th Century, the printed central bank money moved now into the account money especially backed by the payment providers in the individual credit or debit cards. The first bank-issued cards originated in 1946 as a Brooklyn banker created the charge-it card, these were forwarded to the bank account and then the service or good was released. In post-war times further cards followed and till now there established credit-card providers which issue credit or debit cards also with giving their own credits to people that can be paid back. Cryptocurrency (2008 till today): This is the very last money form and the most innovative so far, like Bitcoins, like they invented, are limited in supply and can only be created through the mining process and proof of work they provide a sustainable interface within the blockchain which transactions are scalable and easy to use for peer-to-peer-transactions. It is not a wonder that the cryptocurrency market since the beginnings expanded more and more and several other projects emerged, there are still many projects given however the market will likely sort the not innovative ones out. Cryptocurrency marks the point in the history of money evolution where money advanced significantly from its initial barter exchange system to cryptocurrency. This is a major step and as for now, central banks are looking also into cryptocurrency and blockchain technology to implement their own central-bank-digital-currencies. There are really not many contra-aspects like in the previously stated money forms as cryptocurrency improved all the issues that previously came up and also innovated increasingly above these. __ In this manner, this was my analysis about the evolution of money which is important as the money keeps on shaping as we see it especially in these times with cryptocurrency, it is also not unlikely that these technologies will improve further, and there comes something new that is more applicable and innovative however till now cryptocurrency serves as the highest quality money forms when comparing to the other money forms. Especially it is the case that all money forms still coexist today however mainly not applicable. __ In this manner, thank you everybody for watching, support the idea with a like and follow or comment, have a good day, and all the best to you! Information provided is only educational and should not be used to take action in the markets. __

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Box sections, support and resistance, breakout trading hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- When trading, I always think about when the price will rise. And, by buying just before it goes up, you want to be in the profit zone as soon as you buy. To make these trades, you must be familiar with day trading. However, most people do not like to engage in day trading. This is where problems always arise. If you buy at a price that is too low and there is no sign of it going up, you will get tired and lose interest in trading. If this situation continues, you will eventually leave all investment markets and will not even be able to get opportunities. Therefore, even if you incur losses, you must continue to engage in day trading whenever you have time to maintain your sense of day trading. Additionally, you need to develop the know-how necessary for day trading. Some people may be thinking that there is no need for day trading since they will be investing with the goal of short-term trading. However, if you do not have an eye for day trading, 1. The average unit price is formed at a higher price than expected due to poor timing of purchase. 2. Buy at a price that is too low and miss out on higher opportunities. Cases like 1 and 2 may occur. Then, I started trading because the market seemed to be on the upswing, but I think it only amplified my negative thoughts about trading as I entered a pullback period. Therefore, depending on the market atmosphere, there are separate periods for day trading, short-term trading, and mid- to long-term trading. The current period is a period of day trading and short-term trading. In order to transition from this period to a mid- to long-term trading period, one must go through a period of great volatility. Therefore, as mentioned earlier, if you start trading when the current market atmosphere is more heightened, you may suffer large losses when a period of great volatility begins. Fortunately, if large volatility leads to an uptick, there is potential for profit from short-term trading. However, we cannot rule out the possibility that it will eventually turn into a loss because there is a possibility that the price will not respond due to expectations that it will rise further in the future. In any case, as the current day trading period is likely to continue for a while, it is highly likely that more individual investors will begin trading in the future. Since this is the time when companies or whales that operate large capital realize profits, once profit realization ends, it is likely to lead to great volatility, that is, a large decline. At the same time, companies and whales that were unable to buy during the period of great volatility will buy, and eventually a full-fledged upward trend will begin. Therefore, we need to be careful when trading to survive this trend. Because you never know when and how the market will change, you should always make profits or prevent increased losses through short trading, or day trading. So, the current period corresponds to the period of day trading. (USDT 1D chart) Currently, the flow of USDT is not very good. This is because large candles on the USDT chart mean that there is a large flow of funds, which means that many transactions are taking place or there is a lot of movement of funds. When these candles change to the previous candles, it is expected that the coin market will end the day trading period and enter a period of great volatility. -------------------------------------------------- --------------- As I mentioned earlier, in order to buy right before it rises and be in the profit zone as soon as you buy, you must eventually make a breakout trade. In order to make a breakout trade, you need to know how support and resistance points and sections are formed at the current price position. Then, if support is confirmed in the formed sideways section, you should start buying from then on until it breaks upward through the high point of the sideways section or box section. Otherwise, if you buy after seeing support after an upward breakout, it may be too late for day trading. A big rise often begins after a decline. This movement is commonly called a pull back. Even though the price has fallen, the number of people selling decreases, which means that there are not many people willing to sell anymore, so when the price rises, the number of people selling decreases, so this type of movement is often seen. There are prerequisites for this. Before the above movement can be seen, there must be a certain number of candles with long upper tails. This is because a candle with a long upper tail can be formed to confirm the movement of people trying to sell. Well, I won't go into more detail because I've heard this story often elsewhere. (BTCUSD 1D chart) As mentioned earlier, in order to make a breakout trade, there must be a certain section or point of support and resistance. Looking at the 1D chart in the example, can you see a certain range or support and resistance lows? If so, you need to check whether you receive support or resistance at that section or at the support and resistance lows. thus, You can think of a box section like the chart above. These box sections or sideways sections are different for each person, so it is impossible to say which is right or wrong. All you have to do is create a trading strategy that suits you within the set range and trade accordingly to earn profits. The box section I decided on is as follows. HA-Low and HA-High indicators are indicators created for trading. Therefore, it is utilized when starting or ending a transaction. Use this to form a box section, start buying when support appears in this box section, and continue buying until the box section breaks upward. Therefore, as shown above, candles that pass the HA-Low and HA-High indicators form a box consisting of low and high points. If you look at the chart in the current example, you can see that the base of the box is toward the bottom of the box. Therefore, in order to turn upward, it is expected that the movement will begin as the HA-Low or HA-High indicator moves and forms a new one by shaking it up and down. The key to breakout trading is at what point must the breakout trade begin. However, these points vary depending on your investment style, that is, your trading strategy. Therefore, in order to apply your own trading strategy to a box section created by someone else, you must know the criteria for selecting the box section. However, most of the time, such information is not provided. However, this can only be inferred from the pictures drawn on the chart. You need to be careful because making the inferences your own and creating a trading strategy based on them is like building a castle on sand. Therefore, in order to make a breakout trade, you must check the following: 1. Is there a certain range or support and resistance range visible at the point where the current price is located? 2. If case 1 applies, how far are the other support and resistance areas from that box range? If there are support and resistance points or sections within the box section or just above the box section, you must check them because even if you break above the box section, you may not make much profit or may even incur a loss. The section in the chart box above is 25120.76-28184.89. And above that, there is support and resistance at 28809.72. Therefore, if you are satisfied with the profit in the 28184.89-28809.72 range, you can proceed with the transaction. If not, it is recommended to hold the transaction. Ultimately, trading is done to make a profit, so if the visible profit range is small, it is better not to proceed with the trade at all. 3. Is it possible to take a stop loss when there is no support at the support and resistance points within the box section and the price falls below the bottom of the box section? You should think that falling below the box range means you have provisionally defined that a further decline, that is, a sharp decline, may occur. Therefore, you should be able to take a stop loss when the price falls below the bottom of the box section. If you think the stop loss amount is too large and you cannot stop the loss, it is better not to trade at all. Check conditions 1-3 above, and if everything is satisfactory, you can check whether you are supported at the support and resistance points, create a buying strategy, and proceed with the purchase. Otherwise, if you buy immediately when the box section breaks upward, the psychological burden will increase and it may turn into a wrong transaction, so you need to build up know-how through a lot of experience. The most important thing in my chart is the MS-Signal indicator. If the price stays above this indicator and the MS-Signal indicator turns into a bullish sign, it means that there is a high possibility of an uptrend and an upward move. Therefore, in order to trade more safely, you can start buying when the MS-Signal indicator rises above the MS-Signal indicator and the MS-Signal indicator switches to an upward sign and shows support. However, it is not easy to actually proceed like this. You need to think about how you will proceed with the purchase. I will take the time to explain this when I have the chance next time. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------

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Broadening Formations and Order Blocks Last cycle price bottomed 59 days before halving. I expect lots of traders to be aware of this fact and buy around that time which is around February 16. Given this knowledge I propose buying before this day in order to "Front Run" those traders. If you expect a huge wave of buyers are coming in anticipation of the halving you want to buy before them because they will push up the price making it more expensive for you later on. Additionally, at the start of the year there tends to be lots of new institutional buying due to rebalancing and new allocations from larger players. This is why I have highlighted the region from Dec 28 to Feb 16 as the key time to pay attention to look for a bottoming formation. It encompasses some time just before the start of the year that gets you ahead of institutional money and about a month and a half before Feb 16 which is 59 days before the halving, this gets you ahead of Traders buying in anticipation of Halving. During this Date Range I will look for a bottoming formation which is a sharp rejection from some of the Order Blocks in Blue OR sharp rejection from Broadening Formation support lines (in downward sloping in blue, there are 3 of them.) For the latter it does not necessarily have to touch the support line once it drops below a prior touch of that line you can start looking for reversal patterns. Using OBs there are 3 main levels just under 20k, 15k-17k, and just under 12k. The OB just under 20k that includes the low from March corresponds to a fib retracement between .618 and .786 which is the target entry zone after a market structure shift which occurred at the start of the year once we started seeing Quarters with Higher Lows and Higher High instead of Quarters with Lower Highs. However Smart May want to manipulate the price lower to get better fills. The 1 Week OB in Blue just under 17k and in Bold indicates its high degree of validity because it has not been revisited and has a FVG just above it (because there is no overlap between that Red Weekly Candle and the 2nd Weekly Candle after that). It seems even more valid because there was a very strong markup on the 2nd Weekly Candle after that. There is very strong evidence to suggest this was a Smart Money accumulation level too because of the Markdown --> Accumulation --> Markup pattern that played out. Overall, just under 17k is a zone with strong Institutional Demand. It could include a drop to just under 15.4k to sweep the lows as there tends to be retail liquidity around swing lows. A third possibility is just under 12k to touch the lowest Order Block, which is the last Red 1 Month Candle before a strong rally that left behind a FVG. This would also correspond to lowest broadening formation support line. In summary between Dec 28 and Feb 16 I will look for a reaction at these key price levels just under 20k, 15k-17k, and just under 12k to buy Bitcoin. One strategy could be to buy 20% of your desired position at just under 20k, 60% at 16k, and the remaining 20% at just under 12k if it reaches. Which level do you think is most likely? How would you go about buying it?

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MS-Signal, HA-Low, HA-High, and trading strategy Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (XRPBTC chart) In order to trade, you must select support and resistance points and proceed with the appropriate trading method. To do this, we work hard to analyze charts and apply them to trading. However, because of a one-time transaction made out of greed, there are often cases where the more you proceed with the transaction, the more you end up trading in the wrong direction. The only way to correct these wrong transactions is to sell 100%. It doesn't matter what criteria you use to select support and resistance points. As long as you can select reliable support and resistance points, you will meet the essential requirements for trading through chart analysis. For the rest, you can trade according to your investment style and trading strategy. Even if everything goes perfectly as planned, it's not easy to survive market volatility. Accordingly, we have no choice but to proceed with split sales in order to respond appropriately to market volatility. In order to proceed with trading like this, you must have support and resistance points and know how to create a trading strategy appropriate for them. This is because trading in the form of buying at a point that someone told you and selling at a point that someone told you is ultimately very likely to result in a big loss because you do not have your own investment style or trading strategy. Any indicator that shows support and resistance is fine. However, you just need to check the indicator in real time at any time to ensure the reliability of the indicator. The most important indicator on my chart is the MS-Signal indicator. This is because the trend is determined by which side holds the price based on the MS-Signal indicator. However, it is not easy to select support and resistance points using the MS-Signal indicator. Because it is made up of curves. So, we added several indicators to select support and resistance points. As a result, it was possible to proceed with trading by checking whether support or resistance was received at support and resistance points with the MS-Signal indicator. However, the problem was that its importance in playing the role of support and resistance was not that great. Therefore, these support and resistance points are used as split selling points after purchasing. So, the HA-Low and HA-High indicators were created to find the starting and ending points of trading. So far, only the HA-Low and HA-High indicators have been explained. I have not provided any explanation on how to create a trading strategy using this. Today, I would like to explain how to use this to create a trading strategy. HA-Low and HA-High indicators are not intended for chart analysis. It is an indicator created purely for the purpose of trading. Therefore, when the price touches these two indicators, it means that you are ready to proceed with the transaction. Therefore, you can start or end a trade depending on whether you receive support or resistance from these two indicators. The HA-Low indicator marks a point. Therefore, if it falls below the HA-Low indicator, there is a high possibility that the previous low will be renewed. Therefore, buying at the HA-Low indicator means purchasing or selling farming, that is, making a mid- to long-term investment. You may think that mid- to long-term investing means buying at a very low price and selling when the price rises to its peak, but this is not the case. The core of mid- to long-term investment is an investment method that seeks to obtain large profits with a small investment amount by controlling the investment proportion. If you mistakenly thought that this was a transaction where you buy with all your investment money at a very low price and wait until the price rises, you must change your thinking. If you look at the chart above, you can see a section where the HA-Low indicator has been touched but continues to decline. If you observe this closely, you can see that when it falls below the MS-Signal indicator and the MS-Signal indicator shows a downward sign, or when it falls without support from the HA-High indicator and falls, it leads to a further decline. Let me tell you something else here. In other words, I would like to talk about “I don’t know whether I am supported or resisted.” Knowing whether you are receiving support or resistance is a know-how that can be acquired through day trading. Therefore, in order to know whether you are receiving support or resistance, you must acquire your own know-how through day trading. Unless I change my mindset that I don't do day trading because I'm not good at day trading, I will always be dissatisfied with the average purchase price and proceed with trading. There are separate times for day trading. That time is now. The period of day trading is included in the series of processes that occur in order for companies or people operating large funds to sell their coins (tokens) in the process of realizing profits. After this day trading period, the coin market will experience great volatility and a full-fledged upward trend will begin, so if you do not practice day trading during the current period, it will take a long time until this cycle returns. You have to wait a period of time. Therefore, during day trading, it is necessary to put aside your greed and make constant efforts to earn even a small profit with a small amount of money. Once you can tell to some extent whether you are receiving support or resistance at the support and resistance points, proceed with buying at the HA-Low and HA-High indicators. However, since buying at the HA-Low indicator is a farming transaction, that is, a purchase conducted for the purpose of mid- to long-term investment, the purchase must be made aggressively, that is, with a small proportion of the investment amount. Therefore, since the purchase was made with a small proportion of the investment, it is useful to use day trading or short-term trading to increase the number of coins corresponding to the profit by selling the amount purchased. If you continue to trade in this way, you will touch the HA-High indicator. The HA-High indicator is a surge indicator, that is, an indicator that signals a full-fledged upward trend. Therefore, being supported by the HA-High indicator means that there is a high possibility of a large increase, so you should proceed with the purchase by increasing the proportion of your investment. However, in order to surge, there is a possibility of up and down fluctuations, so efforts are needed to overcome this. If you made an aggressive purchase using the HA-Low indicator mentioned earlier and purchased for the purpose of mid- to long-term investment, you can achieve psychological stability because the average purchase price is likely to be located at a lower price than the current price even if you purchased under the HA-High indicator. There will be. In addition, you can stabilize your psychological state because you can make a profit by selling what you bought at the HA-Low indicator near the HA-High indicator. I talked about something else for a moment earlier, but I'm going to talk about something else here again. The other topic this time is “How can I make my psychological state stable?” I'd like to talk about this. You can find out to some extent whether your psychological state is unstable or stable by checking whether you are sticking to the trading strategy you had in mind when you first made the purchase, i.e., weight control, split selling method, target point, etc. There is essentially no psychological disturbance before starting to buy. Therefore, before purchasing, you can plan your trading strategy from a third party's perspective. However, psychological agitation begins as soon as you start buying, and the psychological agitation increases due to price volatility. Therefore, in order to prevent such psychological disturbance, selling in installments is absolutely necessary. The timing of split sales must be changed as the transaction progresses to suit price volatility. Therefore, what you need to think about before proceeding with the purchase is the proportion of investment, the section to proceed with the purchase, the first sale section, and the stop-loss section before starting trading. As you can infer from what I mentioned earlier, the section to purchase is around the HA-Low and HA-High indicators. If you purchase at the HA-Low indicator, the first selling section will be around the HA-High indicator. If you make a purchase at the HA-High indicator, if the HA-High indicator also rises as the price rises, the area around the HA-High indicator that you meet next will be the first selling section. It is recommended to set a stop loss point when you have recorded a loss that you can personally handle. You need to be careful because selling when you are losing too much can increase the psychological agitation mentioned above, which can have a negative impact on your next transaction. Considering this, let's take the stop loss points on the HA-Low and HA-High indicators as an example. There are virtually no support or resistance points below the HA-Low indicator. If you are using an indicator that shows other support and resistance points, you can set the stop loss zone by referring to the support and resistance points. However, it is not easy to set up if only the MS-Signal, HA-Low, and HA-High indicators are set. Therefore, when purchasing at the HA-Low indicator, controlling the proportion of investment is very important. This is because it is most effective to reduce the burden of stop loss by controlling the proportion of purchases. Usually, it is recommended to stop loss when the price falls below the opening price on the day you started buying. That way, you can buy at the HA-Low indicator, which would have risen above the HA-Low indicator again the next day. Otherwise, the timing of the purchase will keep changing, which can act as a factor in increasing the average purchase price. The HA-Low indicator is likely to be formed below the MS-Signal indicator. Therefore, rather than buying near the HA-Low indicator to reduce the burden of stop loss, it is also useful to buy when the MS-Signal indicator shows the price maintaining. In such cases, the HA-Low indicator becomes the stop loss point. To start an uptrend, the price must be above the MS-Signal indicator, and the MS-Signal indicator must be indicating an uptrend. Therefore, you can understand these characteristics well and proceed with purchasing near the MS-Signal indicator. I mentioned earlier that because the MS-Signal indicator is a curve, it is not easy to select support and resistance points. To compensate for this, we have made it possible to check the M-Signal indicators of the 1D, 1W, and 1M charts on low time frame charts. You can use this to check whether there is support or resistance on the low time frame chart and proceed with the purchase. Looking at the current BTCUSD 1D chart, the HA-Low indicator is rising and forming at the current price position. Therefore, we can see that we have entered a period in which we can proceed with transactions by creating transactions in line with what we have discussed so far. Whether you buy when there is support near the HA-Low indicator or when the MS-Signal indicator switches to a bullish sign depends on your own investment style and trading strategy. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------

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Supply and Demand Zones: Buying Low, Selling High 1. What Are Supply and Demand Zones? In the cryptocurrency trading, supply and demand zones are pivotal concepts that profoundly impact market behavior. These zones act as critical areas where traders engage in buying and selling actions, significantly influencing price movements. To gain a deeper understanding of how these zones work, let's delve into the specifics. 2. What Is A Supply Zone? A supply zone, within the context of cryptocurrency trading, represents a resistance area where traders are inclined to sell their assets. Supply zones are typically positioned above the current market spot price and often coincide with prominent psychological price thresholds, such as $50,000 or $60,000. This zone often becomes the focal point for take-profit orders, and when the price approaches it, resistance ensues. Unless there's a notable surge in buying pressure to counteract the selling momentum, prices are prone to decline. 3. What Is A Demand Zone? On the flip side, a demand zone serves as a support area where traders favor purchasing cryptocurrency assets. Demand zones are generally situated below the current market spot price and are frequently aligned with significant psychological price levels, such as $10,000 or $20,000. Traders are inclined to set limit buy orders within these zones, leading to upward price movements as the appeal of the support level draws in buyers. 4. How to Draw Supply and Demand Zones? Drawing supply and demand zones is a fundamental skill for cryptocurrency traders. To create these zones effectively, traders often employ the "Rectangle" tool available on @TradingView charts. By identifying historical peak levels and bottoms where price reversals have occurred, traders can accurately delineate supply and demand areas. 5. How to Find Supply and Demand Zones? While there isn't a specific indicator dedicated to supply and demand, we can utilize tools like "Pivot Points" to narrow down these key areas. Pivot Points are instrumental in highlighting support and resistance levels, making them valuable for identifying potential supply and demand zones. When Bitcoin or other cryptocurrencies reach these levels marked by Pivot Points, significant price reactions often follow, offering prime opportunities for profitable trades. 6. How to Trade Supply and Demand Zones? Trading based on supply and demand zones is a versatile strategy that suits both short-term and long-term trading approaches. The fundamental principle remains constant: buy within demand zones and sell within supply zones. For example, suppose Bitcoin is currently trading at $25,900, and demand zones are situated in the range of $25,300 to $25,600. In this case, we can place buy orders within this demand zone and sell orders in the supply zones. It's essential to adapt this strategy to your specific trading goals and preferences, utilizing support and resistance levels as a foundational framework for drawing trend lines and setting limit orders. Incorporating the power of supply and demand zones into your cryptocurrency trading strategy can provide invaluable insights and enhance your overall trading success. Whether you're a day trader or a long-term investor, comprehending and effectively utilizing these zones can enable you to make more informed decisions and potentially amplify your profitability in the cryptocurrency trading.

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Simple Introduction to RSI for Crypto Trading Crypto trading can be a rollercoaster ride, with prices jumping up and down. To help you make smarter trading choices, many traders turn to technical tools like the Relative Strength Index (RSI). In this article, we'll break down what RSI is, how it works, and how you can use it as a crypto trader, even if you're not a finance expert. What is RSI? RSI stands for Relative Strength Index, but you don't need to worry too much about the fancy name. It's just a tool that helps you figure out if a cryptocurrency is overbought or oversold. Think of it like a traffic light for crypto prices, telling you when to slow down or speed up. How Does RSI Work? RSI works by looking at recent price changes and comparing how much a cryptocurrency has gone up versus how much it's gone down. This gives you a number between 0 and 100, which you can use to make better decisions about buying or selling. Here's the simple way RSI is calculated: First, you pick a specific number of days to look at, usually 14 days. This is called the "period." Next, you figure out how much the price went up and down during those 14 days. Then, you calculate the Relative Strength (RS) by dividing the average gain by the average loss. Finally, you use that RS to find the RSI with a simple formula. Interpreting RSI Once you have your RSI number, it's time to understand what it's telling you: RSI above 70: It's like a red light, indicating the crypto might be overpriced and due for a drop. This could be a good time to sell or take some profits. RSI below 30: It's like a green light, suggesting the crypto might be a bargain and due for a rise. This could be a good time to buy or hold on to what you have. RSI between 30 and 70: It's like a yellow light, showing that things are neither too hot nor too cold. It means the market is in a neutral state, and you might want to use other tools to make your decision. Using RSI in Crypto Trading Here are some practical tips for using RSI in your crypto trading: Double-Check with Other Tools: RSI works best when you use it together with other tools and analysis methods. Don't rely solely on it. Look for Divergence: Keep an eye out for times when RSI disagrees with the price. If RSI is showing one thing and the price is doing something else, it could signal a change in the market. Adjust Your Settings: You can tweak the RSI settings to match the crypto you're trading. Shorter periods (like 7 days) react faster, while longer ones (like 21 days) give smoother signals. Manage Risks: Always be careful and use good risk management. RSI can help, but it's not a crystal ball. Set stop-loss orders and make wise decisions about how much you're willing to risk. Conclusion The Relative Strength Index (RSI) is like a helpful traffic light for crypto traders. By understanding its basics and using it alongside other tools, you can make better decisions in the world of crypto trading. Just remember that RSI is a part of your toolkit, not the whole strategy. Use it wisely and keep learning to become a more successful crypto trader. Cheers! GreenCrypto Follow us for more such articles and trading ideas.

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by GreenCryptoTrades

Driving Forces Behind Cryptocurrencies' Volatility In the ever-evolving realm of modern finance, the emergence of cryptocurrencies has catalyzed a seismic shift, captivating the imagination of investors and traders alike. Since the inception of Bitcoin in 2009, the cryptocurrency market has experienced an unprecedented surge, leading to a proliferation of digital assets, each with its own unique characteristics and potential applications. However, amid the exhilarating highs and gut-wrenching lows, the cryptocurrency market's intrinsic volatility has left many pondering the enigmatic forces that propel its wild fluctuations. This article embarks on a comprehensive exploration of the fundamental drivers that propel the volatile universe of cryptocurrencies, providing an in-depth analysis of the intricate interplay between a myriad of elements that influence prices and sentiment. From the far-reaching impact of macroeconomic factors and regulatory dynamics to the revolutionary power of technological advancements and the sway of market sentiment, a complex tapestry of influences collectively shapes the turbulent journey of digital currencies. As the global financial ecosystem grapples with the ongoing evolution of this nascent asset class, acquiring an intimate understanding of these pivotal factors becomes a cornerstone for investors, traders, and enthusiasts navigating this dynamic landscape. Diving into the Cryptocurrency Mosaic Cryptocurrencies have transcended their origin with Bitcoin to establish a vibrant and diverse ecosystem of digital assets. Each cryptocurrency possesses a distinct set of attributes, use cases, and underlying technologies, intricately weaving into the intricate fabric of the market. Broadly categorized, cryptocurrencies fall into two primary groups: coins and tokens. Coins like Bitcoin, Litecoin, and Bitcoin Cash are engineered to facilitate transactions and serve as alternatives to conventional currencies. In contrast, crypto tokens are constructed atop existing blockchain platforms, such as Ethereum, fulfilling functions like governance and ecosystem transactions. Furthermore, the consensus mechanisms employed by cryptocurrencies contribute to their diversity. The proof-of-work (PoW) mechanism, utilized by Bitcoin and others, relies on mining for transaction validation. Conversely, the proof-of-stake (PoS) mechanism, exemplified by Ethereum and Cosmos, leverages validators to confirm transactions, enhancing energy efficiency and scalability. Decrypting Cryptocurrency Volatility Volatility is an intrinsic characteristic of cryptocurrencies, fueled by a confluence of influential factors: Limited Liquidity: With trading volumes and market capitalization often lower than traditional assets, even modest buy or sell orders can generate substantial price fluctuations. Speculative Nature: Cryptocurrencies are frequently viewed as speculative instruments, leading to price movements driven by market sentiment, hype, and speculative behavior, rather than fundamental analysis. Regulatory Ambiguity: As a relatively nascent and lightly regulated market, regulatory developments can trigger abrupt price shifts as investors respond to changes or uncertainties in the legal landscape. Sentiment Swings: Market sentiment, shaped by events like security breaches or regulatory announcements, can exert considerable influence on cryptocurrency prices. Manipulation Vulnerability: Due to limited oversight and liquidity in certain markets, cryptocurrencies are susceptible to manipulation by sizable holders, leading to price distortions. Technological Factors: Technical vulnerabilities or glitches can prompt swift price fluctuations as investors react to perceived risks associated with the underlying technology. Adoption and Utilization: The practical adoption and use cases of cryptocurrencies significantly influence their value. Currencies with tangible utility and real-world applications tend to garner heightened interest and market support. Supply and Demand: The fundamental economics of supply and demand guide cryptocurrency prices. Scarce supply coupled with growing demand can propel prices upward. Macroeconomic Influences: Broader macroeconomic factors, encompassing inflation, interest rates, and geopolitical events, can channel investor attention toward cryptocurrencies as alternative investment vehicles or stores of value. Influential Figures' Statements: Public endorsements or criticisms from influential figures exert considerable impact on cryptocurrency prices, shaping market perceptions and behavior. Conclusion As cryptocurrencies reshape the financial landscape, delving into the driving forces behind their volatility is essential for navigating this dynamic market. From the inception of Bitcoin to the kaleidoscope of digital assets that now flourish, the cryptocurrency market is characterized by its rollercoaster-like price oscillations. This article has undertaken a comprehensive exploration of the key factors influencing this volatile realm. Regulatory shifts, market sentiment, technological advancements, hacking incidents, and supply-demand dynamics all converge to define cryptocurrency movements. Understanding these multifaceted influences empowers investors, traders, and enthusiasts to navigate the unpredictability of the crypto landscape with poise and informed decision-making. While cryptocurrencies promise transformation, their journey is marked by rapid evolution and maturation. As the landscape continues to evolve, maintaining vigilance and adaptability remains pivotal. Regardless of your vantage point, comprehending these factors empowers you to seize opportunities and surmount challenges in the captivating realm of digital assets.

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Wyckoff Accumulation & Distribution The Wyckoff Method, pioneered by Richard Wyckoff, a prominent figure in the early 1900s stock market, remains a powerful technical analysis-based trading approach. This article delves into the intricacies of the Wyckoff Accumulation and Distribution phases, fundamental to this method. Who was Richard Wyckoff? Richard Wyckoff, a highly successful American stock market investor of his time, stands as a pioneer in technical analysis. He transitioned from accumulating personal wealth to addressing what he perceived as market injustices, devising the Wyckoff Method to empower traders against market manipulation. Through various platforms like his own Magazine of Wall Street and Stock Market Technique, Wyckoff disseminated his insights. The Wyckoff Method: Wyckoff proposed that markets undergo distinct phases: Accumulation and Distribution. These phases guide traders on when to accumulate or distribute their positions, forming the core of the method. The Wyckoff Accumulation Phase: This phase materializes as a sideways, range-bound period subsequent to a prolonged downtrend. During this stage, significant players seek to establish positions without causing dramatic price drops. The accumulation phase comprises six integral components, each serving a vital role: Preliminary Support (PS): As signs of the downtrend ending emerge, high volume and wider spreads surface. Buyers initiate interest, suggesting the end of selling dominance. Selling Climax (SC): Characterized by intense selling pressure and panic selling, this phase represents a sharp price decline. Often, price closes well above the lowest point. Automatic Rally (AR): Late sellers experience a reversal, driven by short sellers covering positions. This phase sets the upper range limit for subsequent consolidation. Secondary Test (ST): Controlled retesting of lows with minimal volume increase indicates potential reversal. Spring: A deceptive move resembling a downtrend resumption, designed to deceive and shakeout participants. Last Point of Support, Back Up, and Sign of Strength (LPS, BU, SOS): Clear shifts in price action mark the transition into the range's start. A rapid, one-sided move signifies buyer control, often following the spring. Wyckoff Distribution Cycle: Following Accumulation, the Wyckoff Distribution phase unfolds. This cycle consists of five phases: Preliminary Supply (PSY): Dominant traders initiate selling after a notable price rise, leading to increased trading volume. Buying Climax (BC): Retail traders enter positions, driving further price increase. Dominant traders capitalize on premium prices to sell. Automatic Reaction (AR): The end of the BC phase brings a price drop due to decreased buying. High supply causes a decline to the AR level. Secondary Test (ST): Price retests the BC range, assessing supply and demand balance. Sign of Weakness, Last Point of Supply, Upthrust After Distribution (SOW, LPSY, UTAD): SOW signals price weakness, LPSY tests support, and UTAD might occur near cycle's end, pushing the upper boundary. Wyckoff Reaccumulation and Redistribution Cycles: Reaccumulation occurs during uptrends, as dominant traders accumulate shares during price pauses. Redistribution, during downtrends, begins with sharp price rallies as short sellers capitalize. Dominant traders strategically enter positions during these rallies. Wyckoff's Foundational Concepts: Law of Supply and Demand: Prices rise when demand is high and supply is low. Prices fall when supply is high and demand is low. Balanced supply and demand lead to stable prices. Law of Cause and Effect: Price changes are driven by specific underlying factors. Price rises result from accumulation phases, while drops arise from distribution phases. Law of Effort vs. Result: Trading volume should match price movement. Deviations signal potential shifts in market sentiment or upcoming opportunities. The Wyckoff Method is relevant to all markets, including cryptocurrencies like Bitcoin, where supply and demand play a crucial role in influencing price movements.

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Decoding Bitcoin Halvings by RB🚀"Decoding Bitcoin Halvings: Analyzing Price Shifts and Patterns" Let's embark on a data-driven exploration of Bitcoin's halving phenomena, delving into the intricate interplay between scarcity, market dynamics, and price evolution. 🚀 Bitcoin's halvings, programmed to occur approximately every four years, are pivotal events designed to control its issuance rate. By halving the block rewards miners receive, Bitcoin enforces a deflationary supply model, mirroring precious metals' scarcity-driven value proposition. Halving I (2012): In November 2012, Bitcoin's inaugural halving took place, reducing the block reward from 50 BTC to 25 BTC. The immediate aftermath witnessed a modest price increase, revealing the early market's appreciation for reduced new supply. Halving II (2016): The second halving occurred in July 2016, lowering the block reward to 12.5 BTC. This time, the price response was more dramatic. A prolonged bullish trend began several months before the halving, peaking about a year after. The post-halving correction was followed by an extended bullish phase, underlining the cyclical nature of market sentiment. Halving III (2020): The most recent halving took place in May 2020, reducing block rewards to 6.25 BTC. This event was particularly notable due to its alignment with growing institutional interest. Bitcoin's price exhibited a similar pattern—pre-halving speculation, post-halving correction, followed by an aggressive bull market rally. Several intriguing patterns have emerged across halving events: 📌 The Pre-Halving Rally: Anticipation-driven rallies occur ahead of halvings, reflecting investor optimism about reduced supply and potential price appreciation. 📌 The Post-Halving Correction: Historically, a price correction follows halvings, often attributed to the "sell the news" phenomenon. This correction serves as a market reality check before the next growth phase. 📌 The Subsequent Bullish Phase: Post-correction, Bitcoin tends to enter a sustained bullish phase, as observed in the aftermath of each halving. This phase is often fueled by growing retail and institutional interest, media coverage, and macroeconomic factors. 2024 and Beyond: With the next halving expected in 2024, speculation is rife regarding its potential impact. While historical trends offer insights, it's important to consider new variables, including regulatory developments, technological advancements, and macroeconomic shifts. 💡 The story of Bitcoin halvings unveils a captivating blend of economic theory, market psychology, and technological innovation. These events not only reinforce Bitcoin's scarcity-driven narrative but also underscore its resilience amidst evolving market conditions. ❗️Disclaimer: This analysis is for informational purposes only and should not be construed as financial advice. Cryptocurrency investments carry inherent risks.

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Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.

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