Indicator-based analysis is used by many traders to help them make decisions on what trades to take and where to enter and exit them. TradingView has 100+ built-in indicators for market analysis, based on industry-standard formulas. The public library contains 5,000+ custom built indicators, created by talented community developers. Custom indicators are coded in the Pine programming language which allows users to create them from scratch. Indicators are calculations that are displayed on the chart, based on price or volume.
People love to bash the XRP chart. XRP haters love to say it's "the worst performing crypto asset" — which, in 2017 it was actually the best performing crypto asset, so that's false. Among other usually false things, they point to the fact that XRP remains in a bear market, while BTC and many others have enjoyed powerful gains. Well, I'm here to show you that,...
I hope the markets have been treating you well and you've been crushing all of your trades.
In today's post, I want to give away a chart that has made me a lot of money dating back to 2016.
I also want to go in to detail on how I use the RSI to determine when to get in and out of Bitcoin by determining...
We can see up trend
Last two month we moving in up trend channel, we already touched resistance line of this channel and now forming symmetrical triangle. Altcoins start moving and BTC dominance can go to first support line. After that we will observe whether we break the support line or not. But we must always remember the blue magnetic support line. Even if we...
Hello and welcome to my Trade Idea of the currency pair BTC/USD.
Lets start with the Top Down Analysis.
Daily: The daily timeframe is bearish.
H4: We see on the h4 timeframe overall a downside trend with beautiful pullbacks to the upside.
H1: Here we see the upside pullback in more detail.
M15: On the m15 timeframe we draw the counter trendline and wait...
Bitcoin (BTCUSD) continues printing higher lows since it hit ~$9,450 on the 15th of August.
The first peak was hit at $10,955 on the 19th of August. The retrace resulted in a higher low and there is the potential for a move up from current levels.
Now, Bitcoin can easily move lower here as well since we are looking at bearish indicators and its price moving...
Hello dear crypto friends, hope you're doing well! ;) Much is going on with Edgy's services & my mentees currently, so I didn't have much time to post unfortunately. Big announcements are gonna come very soon.
Bitcoin is currently in a Descending Triangle on the Daily, which will see a solid breakout coming.
To the downside we have $9k psychological as...
After the previous strong dump, BTC has already tested $9700 support and then tested $10000 support after a rollback. Now we can see how the price trades right next to the support of a global upward movement, sometimes it even manages to do some fake breakouts (marked with red pointers).
Thus, we see the strenght of bulls, which are desperately holding back...
1d time frame:
The past few days I've stated that the real direction could be determined by closing above the $10365 marker on the daily or below the $10024 marker. Neither of which has happened. So I expect more sideways (1-2 more days) until one direction powerfully overcomes the other. Because this is either re-accumulation before a push up OR a distribution...
NANO (NANOBTC) reached a peak on the 29th of July and hit a lower low while printing bullish divergence on the MACD and RSI... It has the potential to move up from here.
We can see that it is now trading above EMA10 on low volume.
The RSI is bullish and everything looks like a breakout waiting to happen.
I am estimating 70% UP / 30% DOWN.
But in my mind, it is...
@Allmypips #Ripple long term analysis.
Looking back to 2017, we can see that there was a very similar lateral support zone.IF we can see before 2017 support resistance level crypto market always repeat circle (HIGH VS LOW).At the moment price holding the major support level. You can see on the chart current price, moving the same pattern like 2017 bullish rally....
Good evening traders. I thought for this analysis, I would give a bit more practical scenarios for Bitcoin movements in the coming days.
From a high time frame perspective, we are have been consolidating in a 20% range for over 2 months now. We are just bouncing back and forth between the 50% fibonacci zone and previous...
ETH has a perfect Equilibrium ongoing on the 4H currently.
On the Daily we will see a nice non-linear trendline keeping the lower Highs:
Conclusion: ETH is descending just like grandpa Bitcoin. Break in either direction could see big follow-through.
If you're interested in learning & appyling this knowledge as a real...
The good news is: XRP is still upholding the summer lows of 2018 at 25 Cents, even though we dipped below when the stops got triggered last week.
The bad news is: We haven't managed to bounce back and regain the crucial 30 cent zone yet. What was previous support, turned into resistance at 29 cents, which is why technical levels like S&R zones are so crucial to...
Hope this idea will inspire some of you !
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Very similar to brothers BTC & ETH, LTC is currently inside a beautiful Equilibrium range & will see a breakout coming, highly depend on BTC's move.
The ranges to the upside are very clear in LTC case, where we have clear previous S&R zones coming up.
To the downside, we have the very interesting 60 Dollar range, where we had seen the 60% breakout in April up...