Hi there, fellow traders.
As we begin a new month, here is an overview of both high, mid and low time frames (from monthly to 15 mins), according to fib casts, Price Finder and OBV.
Hope this helps!
Hello there, fellow trader!
If you are starting to use Price Finder indicator, or is just interested on knowing some of the basics, here is a brief video you may find useful.
In it I cover the overall meanings of indicator's components , how they relate and work with each other , and how to set it up to see and work with multiple time frames (multiple...
Hello again, fellow traders!
So, another quick look at Bitcoin's battleground (as explained in this educational idea ), but now using a higher, 1D time frame.
Pretty clear what's happening here. And we're most likely going to test, and enter, the red zone - House of the bears. Then, hopefully, the last battle prior next major bull run will begin. I can't expect...
Hello there, fellow traders!
Quick educational post today, with potentially useful insight for your trading practice.
You probably have noticed already: trading is never ending war for price territory.
And you probably have learned also about fibonacci levels. Standard ones, like 0.382, 0.5, 0.618 etc.
Still, there are a few other levels which, used in tandem,...
Hi there, friends. Hope all's well w/ you.
Today I'd like to share this view of Bitcoin's latest price swings, based on its 12H consolidation range structure, as provided by the Power Trend / Consolidation Indicator I've developed (currently in Beta testing phase).
So, what we see here: considering the distance between the upper consolidation limit (highest red...
Hi there, friends. Hope this post finds you well and healthy.
Today I'm happy to bring you an analysis based on a new script I've been working on for the past few months. It is called, so far, Power Trend / Consolidation, and is, currently, in a closed beta phase. But if you'd like to know more and participate, let me know. I can arrange you an invitation.
Hello fellow traders. Hope you all well and safe during these quarantine times.
As we approach halving time, it's definitely good to take an overall look at BTC's journey till here, and what the future can bring to us, if history continues to follow same fractal patterns.
Hope you are ready.
What can margin traders' behavior - arguably, ' smarter ' money-, tell us about current state of trends? Maybe some interesting things. Let's see:
First, Open Interest (bottom pane). It represents all longs and shorts open at any given time, in Bitfinex. Its all time high (ATH) happened during the very bottom of last bear market: December 14, 2018.
Well, hello again, fellows!
Together with Monthly and Weekly time-frames study, just published , I've prepared also this 2D view, mainly because it presents some key events, which I think are good to point out to. Lets see:
First one is, clearly, the combined fib retracement levels: 0.786 (from 10.5-6.5k wave) and 0.5 retrc. (from 13.8-6.5k). This was a hard...
Well, friends... Hello again!
After turn of day excitement and disillusionment, here a simple but important example of how key is to keep more than one exchange in check for key levels:
4.272 projection for 'wave 1', down at low 8000's, was hit on many, if not all (most relevant) crypto exchanges, except... Bitstamp. Now, not anymore.
It cost some folks the...
Hi there, friends! Hope you doing well.
So, as we entered a new month, and are soon starting a new week, it's good idea to revisit the charts for these high time-frames and see where we are. As you can see, log fibs are just killing it on this task (thankfully, Tradingview brought us this feature. Wished they've done it in 2017).
Ok, so here what we have:
Hi there, friends!
Here a video idea I just published and, by accident, got restricted as private. But it should not... ;)
So, please find it in this link:
Thank you very much, and let me know if you have any questions.
... and with a TD 8 Daily still. It's really not a good idea.
*(2) : this release with a fix, removing an external link. Beware of the rules, PT.. ;).
So, If you are seeing this again, pls, have my apologies.
Still, if you would be kind to leave your like again, I'd be much grateful. Tyvm!
Hi there fellow traders! Hope this post finds you well and safe after...
Hello fellow traders!
So, here a quick and straight-to-the-point analysis of current grounds.
Chart says it all. There is a strong, and just incremented, resistance above.
No wonder so much sideways around this level.
Yet, Bulls seem likely try one more time breaking it, with the start of this day. They better do a good job, for real... These are the strongest...
Recent rally have certainly brought a relief for bulls, after an almost 54% drop from the top of 13.8k, and many painful swings along the way. But is it solid this time, or just another bounce? Let's see what math has to show us in this case:
Phi-based oscillator, applied to 1D chart, shows two positive signs:
Oscillator line has become green from a few...
Hi there, traders!
So, resistance came quite around anticipated level, producing downward swings to upcoming fractal structures (represented by colored averages on 305 mins chart).
First average (pink) couldn't manage to hold two succeeding attacks, letting price break past it, as well as nearby uptrend line. A clear weak attempt to test pushing price back above...
Here a brief, complementary view on the topic covered in previous study (based on Bitfinex margin trades). (Red spikes in volume area are claim transactions. See previous study.)
This time I'm not bringing any particular analysis up-front. Rather, I'd like to suggest a collaboration between us, interested traders.
So, what do you infer from this...
As anticipated, +-8420 level presented relevant resistance to BTCUSD, which is now retracing around blue average on 305 min chart.
Uptrend is still pretty much in place, and we can expect a bounce and another attempt at higher levels, eg. 8600, which remains a likely top for current move (with a possible stretch to 8800 level), and suggesting a stronger...