In this post, I'll be breaking down Bitcoin's market cycle theory, explaining my perspective on the target and time period I have in mind for this bullish rally. If you've been keeping track of my other posts, you'll notice that I've been very clear with the fact that the overall trend remains bullish on Bitcoin, as much as the short term trend may appear...
Hello trading friends,
📈This update is an Education update, where we use the example chart OF NEM - XEM.
The known ways and most used ways to see an increasing coins trend are that a coin should show some movement before data, the reason that investors not entering coins is that there is no price action, and price action movement is which makes investors...
In this post, I'll be providing an easy yet comprehensive explanation on the Evergrande crisis, and why it's important for us to understand the situation.
Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own...
Hello everyone, you are here to read about one of my best crypto-tested entry strategies, Bullish Engulfing in Key Levels . It’s a price action strategy and I’m going to explain its details but, even if you are not good at price action stuff, you could use it as well as I can. There are no requirements for dealing with this strategy except using two indicators....
After some consolidation period in August and September, AXS broke out and made new ATH , following announcement of a staking program.
It got extremely overbought ( RSI > 80) and now it’s consolidating but overall remains bullish .
Nearest Support Zone is $120, which it broke, then $95.
The nearest Resistance Zone is $150 ( ATH )
I was inspired by CryptoKaleo's post (original post below) on the "Next Tech Bubble", where he predicted a tech bubble to take place in the coming years based on the fractals of the 1998-2002 Dot com bubble market price action.
Disclaimer: This is...
You are here to read about one of my best crypto-tested entry strategies, Bullish Engulfing in Key Levels . It’s a price action strategy and I’m going to explain its details but, even if you are not good at price action stuff, you could use it as well as I can. There are no requirements for dealing with this strategy except using two indicators.
I had a question from one of you about this coin, and decided to show my method of madness on how to find low/micro cap coins to invest in.
Sources of basic information:
Answer the questions using the above sources:
Who are the founders? (and are they trustworthy with my...
Nasdaq has been showing very clear impulse and corrections. The corrections appear to be always an ABC contracting triangle.
We could in wave A of the ABC correction now.
The trade to look for is the impulse after wave C, which is the big move. However we can capitalise on wave B now. Watch for a bounce off the channel support. We've seen that wave B has a...
Process to identify Double Bottom Pattern:
1) Find out Support/Demand Zone in the script
2) Use RSI to identify any divergence in current trend
3) Place Early Entry or Wait for any candlestick pattern confirmation - i.e Hammer , Bullish Engulfing, morning star or others bullish pattern.
Entry and Stop Loss:
1) Early entry at support level on basis of RSI...
Go back to the beginning of Bitcoin and you will see the early adopters and the tech wizz kids where the only real active users.
Think of a million dollar Pizza.
These guys knew they where on to something, but maybe had not realised exactly what - I know this to be the case for me personally buying in around 2011! Just...
Morning Godal Member's, Traders and Aspiring Traders . Todays shared post is a analysis on .
Pair : GBPUSD
Time-Frame - 4H
Biased - Bearish
Chart Pattern - Head and Shoulder
An chart pattern has been identified with other confluences I look for before taking a trade and based on this i see a potential 300 pip move .
Have you ever wondered what "key sectors" are and what exactly are in them?
Look no further!
While there are many funds to look at, these ones helped me simplify my outlook on the Market to help guide my trading decisions.
Here is the resource I use to find this info: sector spdr com (Apologies, I cannot publish with a link since this is my first post and I'm...
In this post, I want to go over a strategy that beginners can implement with any asset or commodity that have solid fundamentals.
Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk.
Have you ever noticed that when a certain currency pair rises, another currency pair falls?
Or how about when that same currency pair falls, another currency pair seems to copy it and falls also?
Currency Correlation Example
If the answer is “yes,” you’ve just witnessed currency correlation in action!
If you answered “no,” you need to stop doing less important...
So today is rest and research Sunday and I wanted to share with folks how I go about creating new strategies and indicators. Hopefully this can teach traders to fish rather than giving them just the fish (of a buy/sell signal!)
I was inspired by watching a Youtube podcast Desiretotrade by Etienne Crane where I saw on his chart arrows indicating where price...