This heikin ashi candle looks like the highlighted callout on LTF (2H). While the 2H pattern is absolutely a double bottom, I'm hesitant to use patterns on timeframes below days. If the BTCUSD support bounce doesn't hold, FTM will turn back around and continue the larger scale higher time frame consolidation.
On-chain indicators show alot of promise that we are...
Nice little risk-reward setup on the next break lower out of the bear flag.
Short calls on solid companies are fools game admittedly,
but the chart is the chart.
Hey everyone 👋👋
It's that time of the year again: Broker Awards!
Last year, we handed out 8 distinct awards to the best brokers integrated on our platform; voted by you!
However, since last year's awards, we have nearly doubled the number of integrated brokers, which means that your vote counts now more than ever! The competition is fierce for who will claim...
The EUR/USD trading pair once again met resistance near the 1.1375 mark this morning.
This level has been a sideways trend resistance since November 2021 and has already beaten the price down 4 times. The price growth lows is interesting.
Every attempt to push the price down is getting weaker, and the dynamic support line is aimed at the north. It is likely...
The Crypto Total Market Cap is in almost an identical situation that it was last summer. It fell down to a Key Support Level and the RSI was oversold at that time. It is currently in the same situation and the new Key Support Level. Previously, the Crypto Market Cap was holding steady around 1.2T. Currently, it's holding steady around 2T. If it can continue to...
A reminder that falling bond yields are synonymous with higher bond prices while rising bond yields are synonymous with lower bond prices. In other words, a yield downtrend is the same thing as a bull market in bonds.
Last week we published macro overviews of rates and equities that should be referred to for context.
1) A weekly close above the 1.77% would...
Bitcoin has been lately testing the waters and Bitcoin made huge moves in downward direction that changed market sentiment from Bullish to bearish for Crypto.
MAJORITY are expecting a Drop to 30k. And that is what doesn't happen very often.
After what BTC did today, BTC has printed so many GREAT BULLISH SIGNS that i am pretty Confident that BTC has BOTTOMED OUT...
I see no compelling reason to be in altcoins.
The risk is simply tremendous at the moment. At least while we don't regain that 960B area or see test of lows producing significant volumes.
Yes we can see pump from. this weekly candle but ask your self what are the odds it is a death cat bounce and reverse strongly bellow support levels right into very lower...
Left Brain Versus Right Brain-Thinking vs Feeling
Hello all. I put this educational content to help you realize how these two very important psychological concepts play part in almost every traders life. I wanted to bring to you this unusual educational content which I personally learned from a book called, “Trading from Your Gut” by Curtis Faith. This...
With the rotation away from some of the hotter growth stocks especially in the technology space I thought I would show you one way to perhaps find stocks where they have been in a reasonably steady uptrend, but then for whatever reason sold off significantly and are now recovering.
This video shows you:
1. How to add and configure a 20 period moving average.
2....
Following on from our last couple of posts where we posted short term Bitcoin shorts, we are approaching our target level of 40K.
We've mentioned previously that the main areas to look for reversal were the 40k and the 30k. As we're approaching the 40K now, there are a few things that have to come together in order for us to have a confirmed reversal.
We must:
-...
Some basic rules I have for shorting:
Must be below all key moving averages on the daily time frame - 10d/20d/50d/200dma
Broke down from a stage 3 top or in a stage 4 decline
Basing period / consolidation - the longer the better
Low relative strength rating (not RSI - people mistake the two)
Group/industry must be weak on a relative basis
Ideally earnings and...
What is DAO?
DAO (Decentralized Autonomous Organization) is a methodology for quickly organizing a large group of people to achieve specific goals and tasks.
In DAO, control is distributed among all team members, rather than one main figure. Most modern companies, or any kind of enterprise, have a strict, hierarchical, vertical management structure with bosses,...
Maybe halfway down the flagpole. Had a pennant form around 4700, usually a continuation pattern.
Might get another waterfall straight off, or a B wave and then lower. 50 DMA likely target for support.
Be Real Carefull about Buyin this Dip, these dots may not be done dippin. A bounce is certainly possible before lower, wouldn't bet on it.
We had two weak...
We've been in an unhealthy market for tech/growth stocks, so it's fascinating to see that the Nasdaq is still holding just fine on a larger time frame based on a simple trending tool - the 21 week moving average.
Today's action is going to be key since it's a Friday - will we close below?... or hold like EVERY OTHER FRIDAY since the Covid lows .
No matter how...
Over the last year, I have been making my Bitcoin trades public. I have been using the @TradingView charts to show the logic for each Bitcoin swing. I have used cartoon posts for the explanation of sometimes technical topics. All with the view of educating the community here on Tradingview.
I have traded for over 21 years now, covering all kinds of instruments,...
The entire crypto market dumped yesterday, and so did FTM. However, FTM's dump got bought up the instant that BTC saw minor consolidation. Over the mid-term, FTM's bullish channel is still intact.
In my previous BTC analysis I was relatively bullish. This further enforces my belief that FTM has more gains to come.
Target for the coming two weeks would be the...
Hello,Traders!
EUR-CHF is trading in such a manner
That I feel like the boy who cried wolves
Every time I pronounce a bullish breakout
Yet this time it seems like the breakout is for real
Which couppled with the double bottom pattern establsihed below
Allowes us to hope that a local bullish correction will take place
With the first target being the resistance...
