Optimizing Technical Analysis with Logarithmic Scales▮ Introduction
In the realm of technical analysis, making sense of market behavior is crucial for traders and investors. One foundational aspect is selecting the right scale to view price charts. This educational piece delves into the significance of logarithmic scaling and how it can enhance your
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About Bitcoin
Bitcoin is the world’s most traded cryptocurrency, and represents the largest piece of the crypto market pie. It was the first digital coin and as such, remains the most famous and widely-adopted cryptocurrency in the world. It's the original gangster in whose footsteps all other coins follow. The birth of Bitcoin was the genesis of an entirely new asset class, and a huge step away from traditional, centrally controlled money. Today, many advocates believe Bitcoin will facilitate the next stage for the global financial system, although this — of course — remains to be seen.
Black Swan Incoming (Part 1)This is the start of a series I will be publishing for the rest of the year. I will focus 100% on trying to do the impossible and predict a narrow timeframe of a potential black swan event.
**The series will end and this theory will be invalidated if we break and close a weekly above the previous w
Volume Spread Analysis (VSA): Volume and Price DynamicsVolume Spread Analysis (VSA): Understanding Market Intentions through Volume and Price Dynamics.
█ Simple Explanation:
Volume Spread Analysis (VSA) is a trading technique that identifies key market patterns and trends by analyzing the relationship between volume and price spread, revealing trader
BTC - Time For A Pull Back ?BTC
Is calm but I think we may see a dump.
This slightly higher high could have been fine if it had quickly continued on up.
But now it is starting to slip down, it looks like it may be a Distribution with higher high being UpThrust UT.
There is a little danger here.
Where it looked so strong,
BTCUSD: Attack for new ATHIn early July bitcoin concluded a correction of the five-wave run up from 38.5 k (January), reaching a local low at about 53.5 k on July 5.
In two weeks, the market has embarked on a strong rally of about 14 thousand points. The structure of this leg appears to be that of an extended first wave, wi
BTC – Weekly Inside Bar and Wychoff AccummulationWhile the world plunges into a complex array of issues that threaten social destabilization across multiple fronts, Bitcoin has shown an unexpected level of resiliency. Through the past two weeks is has climbed from $53.4k to $67.4k and in so doing has confirmed a large Inside Bar in the weekly time
Insider Knowledge: Exploiting the House Money EffectIntroduction
In trading and investing, psychological biases significantly influence decision-making. One such bias is the "House Money Effect." Understanding this effect can help traders avoid common pitfalls and take advantage of this phenomenon.
What is the House Money Effect?
The House Money
Will the price of Bitcoin continue its upward trend?
By examining the trend in the four-hour time frame, Bitcoin can increase up to the 200% Fibo resistance at $74,111, provided that there is no close candlestick in the four-hour period under the important support range of 66,621-65,160.
Hash rate capitulation in full effectThe hash rate capitulation indicator is showing full-on capitulation of the hash rate spurred by minors needing to pull back on the hash following the halving. The timing for price peaks following HRC flashes have been different, but HRC flashes are generally followed by increased prices (sometimes
Major BTC Bulltrap? Another leg downwards! BTCUSD Index Analysis OF Very Probable reversal and new downtrend continuation
Reasoning goes by the points I've made below
DOUBLE-TOP that happened at May 20th and June 24th AT 71940 BITSTAMP:BTCUSD
Further major and strong Order Block (4H OB) at 67700-68400 BITSTAMP:BTCUSD level
This re
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