I just compared the % with the fall in 2013-2015.
A structure that is currently being formed on a large time frame in a secondary trend. Logarithmic graph.
Percentages are retained for clarity, as in 2014-2015.
Earn money in the market does not allow banal greed. Almost everyone suffers from this disease. Therefore, your freedom from greed gives an unthinkable...
On October 29 , DOGE rose sharply, what was it?
Many people call such impulses in different ways and very often such movements are called pumps.
On September 7, 2021 , there was a PUMP , which was accompanied by a gigantic volume.
The price went up sharply, after which it adjusted slightly, and then again made an incredible impulse on April 18,...
Local trend. Time frame 1 day. Expanding triangle.
Price squeeze during “market doubt”.
A zone of price squeezing in a narrow range at the moment of uncertainty (doubt) of the market in general.
Clamped by large orders in the required buy/sell range on liquid exchanges. The range is spammed with orders, basically a bot is triggered...
Amazon's main trend is shown. And the logic of actions on bitcoin, both for those who understand what trading, hype and trend are, and for completely inexperienced traders.
Amazon during the internet bubble. One of thousands of similar ones at that time (everyone knows bitcoin). Depreciated by -95% during the collapse of the bubble of Internet companies.
The price of bitcoin is falling.
At the same time, the price of mining is growing.
How does this affect the market?
In December 2017 , the price of bitcoin was greatly inflated.
And mining was a very profitable business.
At that time, mining one bitcoin cost around $840 , and bitcoin cost $18700 on the market.
It was a really good deal, everyone...
FEAR and GREED are familiar feelings to everyone.
Non-professional traders trade according to these emotions.
As you know, emotions only get in the way, but we can use other people's mistakes for our own purposes.
To analyze emotions, let's take the indicator of FEAR and GREED .
From December 2019 to February 2020, the indicator was in the zone...
After the formed peak on November 8, 2021 , bitcoin is still falling...
On December 11 , the price also formed a peak and fell for a long time.
On January 11, 2018 , a correction began, which lasted 140 days, after which there was a downward impulse.
On December 17 , the bottom formed.
After that, the price accumulated for 602 days .
The S&P 500 is up 10%!
Finally, a reversal and the end of the bear market!
Bitcoin formed a double top on April 5 and November 8 .
There were 217 days between the two peaks.
After that, the price fell for a long time and has already fallen by 70% .
What happened to the S&P500 at that time?
The index did not fall on November 8 , but...
FTT has fallen by 90% ...
the entire crypto market is falling.
And gold is growing.
Why and how is this related?
November 6 : An analyst under the pseudonym Lookonchain noticed that 23 million FTT coins (about $530 million) were transferred from a "cold" wallet to the Binance exchange. Only one person (with the exception of Alameda itself) had...
On the chart on the left you can see the price of bitcoin from November 2017 to March 30, 2019 .
The very value of the price in this period does not particularly interest us, we are interested in the accumulation of volume.
On December 17, 2017 , the vertex was formed.
If you look at the chart of the open interest indicator, we can see a...
Today I want to analyze the Bitcoin chart to determine the long-term direction of price movement.
I took a weekly chart from 2012 to 2017 (left) and from 2019 to the present (right).
The first peak was formed on April 8, 2013 .
The price at that moment reached $266 .
It is from this point that we begin to monitor the...
Information has appeared on the Internet that the Swiss bank Credit Suisse is highly unstable.
Recall that Credit Suisse is the second largest Swiss financial conglomerate after UBS. This bank covers a large volume of the banking market around the world and if Credit Suisse has problems, the entire world economy will feel it.
The bankruptcy of such a financial...
I figured I'd share my ideas for swinging and day trading the SP500 over the next several days / weeks. I'm using the continues SP500 futures chart but this analysis should work on SPX and SPY as well with few (if any) differences.
I'm going to do my best to make this post valuable even when this market structure is rendered broken by price action....
The USD continues to be favourable among other currencies during these questionable times, the Euro not looking half as weak as the pound, but I am still expecting to see new lows here this week.
Entry was taken at 0.96650 looking for 100 pips and fresh lows. Bare in mind though people, there was a huge down move on Friday. Trading early in the week would not be...
📉 Text marks:
🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL.
🔹 ph, pl = protected high or low, which holds current structural impulse.
🔹 bos = break of structure . Based on candle body close below/above previous structural impulse.
🔹 rsz, rdz =...
Pitchforks are a very popular TA tool and easy to use. However the fundamentals are often glossed over. For example, many beginners and vets don't know that it is based on Normal Distribution which has 3 Sigma Limits . This is commonly referred to as a "Bell Curve" . It's a natural rule of thumb used in Statistics and Probability Theory, for all manner of...
ATOM/BTC Everything is shown and painted on the graph. On the chart, the main trend of this cryptocurrency. This coin of the second group is suitable for accumulating large positions. This technological solution has great potential, especially when ETH goes green, then a small ATOM will turn into a big COSMOS. Accumulation is an increase in the number of coins...