why do most traders fail in #crypto?
1-laziness(looking for the path of least resistance-the holy grail)
2-lack of consistent methodology
3-failure to use prober risk managment
4-psychology
Hey Guy's , I Hope You are well and Safe.
In this Educational post sharing Some Main Psychological Difference Between Traders vs Gamblers.
I Hope this Post will Help You A Lot.
Thank You So Much For Your Love.
1-lower highs into support
-sellers are in control
2-higher timeframe in a down trend
3-unfavorable risk to reward ratio
4-support tested multiple times
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
How Many Indicators Should You Use In Trading?
1-Identify a trend
Example:200ma
2-Define an area of value
Trends line-S&R
3-Entry trigger
Price action-stockastic cross
4-Trade management
Example:Parabolic sar
-it depends on what trades you are looking for
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and...
5 Trading books Which Will Improve Your Results, Fast
1.Japanese Candlestick Charting
by Steve Nison
2- folowing the trend by Andreas clenow
3- price action by albrooks
4- technical analysis by John morphy
5-Fibonacci Trading by CAROLYN BORODEN
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment...
BTC / USDT >>> is currently experiencing a decline in BTC. if seen from the trend is still stable, movement analysis tends to be sideways.
price below 19K / 20K, correction if it touches the price.
always be aware of high movements in the market.
Support By
#JuniorOnline
#BabyScrypt
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FLAG pattern Definition:
A FLAG pattern is a continuation chart pattern, named due to its similarity to a flag on a flagpole.
A flag is a relatively rapid chart formation that appears as a small channel after a steep trend, which develops in the opposite direction.
After an uptrend, it has a downward slope. After...
FLAG = Impulse + Correction
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After a significant drop in Bitcoin price , the price is in a correction wave.
What makes the chart interesting today is that:
. Bitcoin is likely to challenge the 18042 ~ 18227 resistance zone.
. A break above 18227 could push the pair to the 19487 area .
. A resistance rejection ,...
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Descending Triangle Definition:
A Descending Triangle is a type of triangle chart pattern that occurs when there is a support level and a slope of lower high.
It is defined by two lines:
. A horizontal support line running through valleys.
. A Downtrend line drawn through the peaks.
The lower highs indicate...
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Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a peak (left shoulder), followed by a higher peak (head), and then another lower peak (right shoulder).
A “ Neckline ” is drawn by connecting the lowest points of the two troughs. Neckline...
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Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a peak (left shoulder), followed by a higher peak (head), and then another lower peak (right shoulder).
A “ Neckline ” is drawn by connecting the lowest points of the two troughs. Neckline...
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Inverted Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “ Neckline ” is drawn by connecting the highest points of the two...
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Descending Triangle Definition:
An Descending Triangle is a type of triangle chart pattern that occurs when there is a support level and a slope of lower high .
It is defined by two lines:
. A horizontal support line running through valleys.
. A Downtrend line drawn through the peaks.
The lower highs...
Tradingview has offer us a inverted chart tool which is extremely helpful in finding the trend in another point of view. In simple terms we can define Inverted chart is USDEUR and the normal chart is EURUSD. We may think that the trend going to reverse on particular point but if we see through the inverted scale it will shows us continuation of the trend. Use...
Ascending Triangle Definition:
An ascending triangle is a type of triangle chart pattern that occurs
when there is a resistance level and a slope of higher lows .
It is defined by two lines:
. A horizontal resistance line running through peaks.
. An uptrend line drawn through the bottoms.
The higher lows indicate more buyers are...
