Crypto Twitter is going on a rant against Elon Musk and Tesla for selling their :bitcoin:
Maxis and HODLers take it out on Elon Musk for being a traitor, an opportunist, a shill, pump&dumper and more ... But what exactly happened?
In the Tesla earnings call this week, it became clear that Tesla has sold 10% of their bitcoin holdings. According to Elon Musk it was...
Linear Regression Channels are a great way to identify potential key levels of future price action by graphing the normal distribution of a trend.
When using the Regression Trend tool (located in the drawing panel under the “Trend Line Tools” group) two points on a trend are chosen, generally at the beginning of the trend and the end of the trend.
When the...
This is a thought of the day kinda article.
In an old episode of Seinfeld, when referring to being offered a free lift, Jerry says something like “Ah the lift, like the lure of the siren’s song. Never what is seems to be but who among us can resist.”
Fast forward to trading crypto and we all see those arbitrage opps right?
That quick trade, if you bought on one...
Trading Alt-coins is not easy. Often while waiting for them to reach their targets suddenly the hole market takes a dive before they get there.. or we sell them and they keep going much much higher leaving us behind in the dust.. So i came up with another approach trying to time the point where the hole market dives and sell them all together no matter where they...
I recently stumbled upon an interesting correlation regarding BTC.D and LTC.
For those who are unfamiliar with these symbols, BTC.D (Bitcoin dominance) is the ratio of the total market cap of BTC versus the market cap of the entire cryptocurrency market and LTC (Litecoin) is one of the first altcoins to gain in popularity (often it is mistaken as the first...
A late February peak runs out of steam and makes a comeback
LME and COMEX stocks rise
Inventories can be a mirage
Goldman Sachs makes a bullish call- Three reasons for higher copper prices
Heading for new high- Copper could go parabolic
In March 2020, nearby COMEX copper futures traded to the lowest price since June 2016, when it reached a bottom at...
Brief Analysis + Prediction of Litecoin vs USD
Summary
It's been 3+ years since LTCUSD touched an all-time high of just over $420 on Coinbase (Bitfinex chart shown here for length of price history). Some have even began to describe Litecoin as an 'old' or a 'boomer' coin, although these claims often come from the inexperienced, uneducated and likely soon...
Let’s take a minute to chat about the Head and Shoulders pattern. It’s probably one of the most widely used, talked about, and commonly dissected chart setups on Earth and for decent reason. In my experience it’s a reasonably reliable chart setup if you follow the actual rules around it. Importantly, there’s some pretty basic market psychology to back up the...
US Dollar Smile Theory in Forex indicates that US Dollar can strengthen both in good & bad market conditions.
There are times when you get to the market expecting to see the US dollar falling but to your surprise its making higher highs, showing no signs of slowing down.
Then you wonder, Why?
This was explained using a Dollar Smile Theory.
This is very unlikely scenario for Bitcoin in my opinion. But I am still posting it, for those who dont want to buy BTC for 50k or 40k... If we will see this cycle of bitcoin sell off after 2-3 years as it was in history in 2014 and 2018, the area around this curve after 80-85% decline (10-15k USD) would be the best opportunity for buying crypto currencies.
I...
If you publish a lot of research from your TradingView account, emojis will give readers another way to engage with your work. Emojis are recognized globally and can help others better understand how you're thinking or feeling. They can also be used as quick reminders or notes.
Here's how you can add emojis to your chart:
1. Copy and paste an emoji directly...
The Market has resumed its uptrend, but I still see growth names not fully participating. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these...
As you may have seen in several of the last posts, I have been focused on the connections between cross pairs and instruments. My main trading is mostly FX, but with a lot of interest in the crypto space I have been adding some content on this and running commentary on the BTC drops recently.
It's amazing to see professional money enter the market, but what most...
Illustrated in this chart is the relationship between the BTC USD price and the options expiration dates. Please note that the options expiration dates typically occur on the last Friday of each month and are illustrated here by the blue vertical lines. The options expiration dates shown here are Dec 25, 2020, Jan 29, 2021, Feb 26, 2021, Mar 26, 2021, April 23,...
Creating lines on a chart is one of the most fundamental methods of charting when performing technical analysis. Being able to create these effectively and quickly is a very useful skill to have.
Horizontal, Vertical and Cross lines can all be found on the drawings panel to the left of the chart in the subgroup “Trend Line Tools”. These tools can be added by...
