This chart is uncanny. Good future dates to watch...
With the same spirit that we looked at the 555% trade for Ethereum, the results, we will now look at bitcoin (XBTUSD). What gave away the bitcoin recovery was the fact that Ethereum did not produce a lower low and the bullish divergence on the RSI. So it became easy to appreciate the Nov/Dec low prices as a strong market shakeout, removing the weak hands before...
The Judas swing term was named by ICT, he dubbed this swing concept and utilizes it upon the London Open. The idea is, the market makers will rally or sell price, normally just above or below the Asian session high or low (depending on institutional order flow bias) tricking buyers or sellers into the market to follow its direction. As the Judas swing high or low...
Or more likely we're just following last year's market cycle? This was a monster 36% short but possible accumulation now from around $6,500 before growth begins.
Bitcoin (XBTUSD) following in the footsteps of Dogecoin, Litecoin and soon Ethereum, is also very likely to go bullish. We have a nice but risky setup here. We can go beyond 333% on 10X Lev. Trade at your own risk. Leveraged trading is for expert only and can result in liquidation. Do your own research before trading. Use a stop-loss, risk management and all...
#Candlestick #CandlePattern #Tocademy #Tutorial Hello traders from all over the world, this is Tommy =) I was unexpectedly surprised by many of you who liked and supported my last post about the basic concept of TA(Technical Analysis). Today I prepared a brief lecture about the Candlestick Pattern, one of the most fundamental phenomenon and behaviors that traders...
really enjoying using this indicator to seek out shorting opportunities. what we are looking for is a consolidation and flick of the indicator points. as the points move closer towards the band and tighten we can see that a trend change is imminent allowing us to enter or confirm our shorts. there is still an element of TA in which an exit (or switch to long)...
RSI trend hints towards another bearish wave. After a breakout on the RSI downtrend rally can resume up with strength, but currently still lacking signs of support.
Hello traders. This is Tommy. Today, I prepared the most basic and at the same time essential materials that every trader should know. Trading is literally the act of exchanging or trading something with a certain value. If we look at the history, we humans have always traded something within the social community from the Neolithic Age to develop into a better...
BTC is following a bearish channel with the last daily high for an uptrend at 40K. The last Fib extension played out exactly to the 1.618 level at 37K, if that happens this time the target is ~24K. It would be nice to resume the macro bull-trend but there is a lot of resistance and a lot of damaged trading accounts standing in the way. RSI forming a bear-flag...
Production cost is about to double to $14,000. 70% above the current price. Last halving, price was just 10% below Production cost, and Price & Hash Rate collapsed -20%. Bitcoin Production Cost script just updated with the latest data: - CBECI electrical data as at 11 May 2020 - Now uses 2 week rolling data for finer granularity (while balancing TradingView...
if btc holds current lvl (greenline, 5150 now), think it will test high of 15/03 bar - 5975, find support near 5500 and next leg to 7600.
BATTLE OF THE SUPERTRENDS Here is an interesting comparison of many of the Top "Supertrend Strategies" that are published here on Tradingview (Including my own: "SUPER SMART ST") . Please note that all test shown here were done using Heikin Ashi candles, which seem to improve Supertrends functionality ... 15 MINUTE (BTC/USD) COMPARISONS ONE HOUR...
The Judas swing term was named by ICT, he dubbed this swing concept and utilizes it upon the London Open. The idea is, the market makers will rally or sell price, normally just above or below the Asian session high or low (depending on institutional order flow bias) tricking buyers or sellers into the market to follow its direction. As the Judas swing high or low...
BTC Drop on 29th 11 2018 - tweeted about the drop and compared it to the sept fractal
Yes you read that right: Bitcoin to back in the 8000s. Welcome to our first post and larger market review. As you can see, bitcoin has traded down right into a nice local bottom, completing a classic ICT sell model. We can expect a retrace to at least the 0.62 fib level (green box) as well as large gains in the alt market. You will come to learn that I love to...
$BTC bounced off the support just as expected and reached my first TP (take profit) at $23,800. $BTC rejected hard and dumped very fast after reached the first TP unfortunately though, which was honestly unexpected. After this current rejection, I have charted possible bearish scenarios, as well as the bullish scenarios of course. I am still going to hold my long,...