HE ULTIMATE LIST OF PROVEN STRATEGIES TO OVERCOME BAD TRADING HABITS
Thank you so much for the overwhelming response on my first article even if there were a few typos and a couple math errors.
If you haven’t had a chance to read it yet, it was the Ultimate Blueprint For Risk Management and is the...
Charlie Lee will go down in the history books as having some of the greatest predictions in crypto.
I wanted to mark these tweets in the history books so people would remember the mind blowing trading genius Charlie Lee.
On March 30th, he tweeted that after Segwit, Litecoin Price woudl go up an estimated 300-400% to $14 was near the absolute bottom of Litecoin's...
I hate picking sides, especially when two of my favorite friends are fighting...
I've made a lot of money with the 200MA... and made a lot of money with the 200EMA.
I just wish they would get along, but alas...
This is a pretty unique situation for Bitcoin to be in, where the price is now trapped between the 200EMA and the 200MA.
In a very simplistic view, I...
If you don't know who I am, my name is Jacob Canfield and I'm one of the top authors on Trading View. I've been trading various markets since I was 19 years old when I bought my first options course.
After spending a decade trading in all types of markets and spending the last 3 years in the...
I like to buy on these accumulation zone set-ups when the market is 'somewhat' stable because we can see explosive moves out of the buy zones.
When the market is in price discovery, these zones can get melted like a hot knife through butter. Always understand the context of the market before making a trade.
Double Bottom on price action.
DENT is in a massive accumulation triangle that has been going on since August of last year. We've seen massive buy side volume spikes with strong support around the 22-23 Satoshi level.
Moving Averages are flattening out with 50/100 forming a majority of our topside resistance.
The RSI is starting to see some upside momentum.
The 3 day TD...
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As mentioned in my previous analysis, I thought we'd have one more breakout and then further downside...
This is an advanced tactic that no one ever talks about, but I'm going to expose one of the biggest insider secrets in trading.
When drawing your support levels, make sure that it's as thick as you can make it. Use the biggest font possible and make sure you bold the lettering. This gives you a higher probability that the price can't fall through to lower...
It's easy to call it manipulation, but then you'd be ignoring all the technical analysis that told us we should be booking profit, hedging short, poor R:R at those levels and at weekly resistance.
If you want to play the game, the first rule is that there are no rules.
Whales will use their positions to create FOMO from retail traders and will sucker you in to...
First off, I want to start with saying trader's don't call bottoms. Anyone who is adamantly claiming bottoms is not a real trader in my opinion.
Trader's use edges, probability and win expectancy to make calculated decisions on their trading to stay profitable over the long run.
I would be very happy if it was the bottom and we went to the moon, but I want to...
Watching this bullish div forming on RVN so far sitting at previous support from initial listing on Binance.
Watching for some buy volume to move in for confirmation though.
This is an early entry for accumulation near support before a potential move.
Just a quick thought on looking at the graph.
Due to the massive number of shorts closing, I think that the way I would approach this as a whale is to send a quick wick down to the previous resistance and below the 20MA to capture liquidity for a long breakout position.
Longs are getting high up there as well.
Sitting on support right now for a low risk entry.
Stops below the 200MA on the 4 hour.
Nice volume moving in with a small bullish div on the 4 hour RSI.
Strong potential since the partnership announcement with veil, a new mimble wimble project.
Target is the 161.8% of this recent swing high and swing low fib extension.
Cheers and happy trading!
Good evening traders!
If you followed my last analysis you would have avoided the previous drop and prepped yourself for this massive upside move (see red arrow ;) to $3800.
Now that we've broken out of our falling wedge, where are we headed?
The end of this wedge set up is closing in within the next 3 days.
Bitcoin is yet again forming another potential ABC Bear Flag Formation as it has two previous times.
We also saw a strong support/resistance flip as it tested both the diagonal and resistance as well as the horizontal resistance.
Currently we are sitting on the 78.6% fibonacci...
Lots of bullish indicators for STORM here.
- Rising volume (lots of buy side pressure.)
- Strong accumulation on OBV with a potential cup and handle
- Swing low failure on RSI with strong momentum shift to the upside.
- I'll be targeting the 161.8% extension which should line up with the 200MA.
- Stop is below the swing low, but if you want to open it up, i'd...
Two scenarios, buy limit on resistance breakout (as it could be big) or wait for a touch on the trend line with a tight stop below the previous higher low.
Strong consolidation into a rising triangle.
Confirmed volume break off of support line.
Stop below bullish impulse candle and watch for targets at the 1.618 and the 2.618.
Let me know your thoughts and I...