bottom circle RED - Good indication to sell, price has peaked middle circle - yellow - adx and di indicator, magenta is trend strength, while line is buy strength and its going down but grey line is sell strength and it has just turned up. if it crosses the purple horizontal line sell pressure is building and if magenta line stays up, trend is strong so sell...
I have finally decided it's time to clear out my Binance altcoin balances and average down any I took a loss at the beginning of the year and sell what I can in profit. I haven't studied the charts, just drawn up a quick trade to average out and sell in profit so please don't take these as trading advice I just have quite a few and don't want to have to keep...
I have finally decided it's time to clear out my Binance altcoin balances and average down any I took a loss at the beginning of the year and sell what I can in profit. I haven't studied the charts, just drawn up a quick trade to average out and sell in profit so please don't take these as trading advice I just have quite a few and don't want to have to keep...
I have finally decided it's time to clear out my Binance altcoin balances and average down any I took a loss at the beginning of the year and sell what I can in profit. I haven't studied the charts, just drawn up a quick trade to average out and sell in profit so please don't take these as trading advice I just have quite a few and don't want to have to keep...
I have finally decided it's time to clear out my Binance altcoin balances and average down any I took a loss at the beginning of the year and sell what I can in profit. I haven't studied the charts, just drawn up a quick trade to average out and sell in profit so please don't take these as trading advice I just have quite a few and don't want to have to keep...
One of my charts has the price dropping back in the triangle from longer timeframes I am currently short after closing my long on the last pump feeling price would return for re-entry SHORT TRADE - entry was above 6400 but possible 6280-6300 short term trade I will hold my short with a stop at 6320 for now to see if we get 6180 or anywhere closer to the bottom...
As the resistance at the top of the descending wedge was broken, a quick redraw reveals a pennant. Bears have been sat adding to their shorts as they become increasingly confident the price will drop sub 6k inside the descending wedge they all have drawn up on their charts. Blind to the fact that a pennant has been painted, if they don't start to explore other...
Just something I noticed while trying to ignore the commotion in the kitchen caused by my wife's frustration at the kids. She has no idea what frustration is, try waiting for positions to fill in the current market. Now that's frustration! Also notice how accurate the Bottom / Top finder indicator is at finding the bottom and top. I recommend this indicator to...
The magenta boxes are areas of similar action and I believe, a good indicator for possible next move.
This chart is predicting future direction and range using similar patterns in recent weeks. I think the 200 ema will support the price above 6330 until the 50 and 100 move up. I see it slowly going lower in the channel either side of the magenta trend line I have drawn two boxes, one with previous price range and the other with what I predict future price range...
I think we are going to be in this range for the next few weeks before a big move. Looking at the dail due to end in a few hours, we are going down so if bulls are going to make a move it needs to be soon. Up: Looking for a push to 6660, possibly 6750 Down: 6540, 6440
I haven't posted any ideas for a while as I am too busy doing other things at the moment. My wife and kids still don't understand that when I am trading, I am incommunicado. While I am waiting for larger movements, I was asked by a friend to try out an indicator he is developing. I decided to share a chart showing different BTC timeframes including the indicator...
While you were all drawing lines, learning indicators, following twits on twitter, paying people for calls on telegram, you missed this. You know what it is?
My apologies I meant to post this 24 hours ago but fell asleep after a great weekend trading. Then while many were sat waiting for the drop, I went to work as it was Monday morning. More often than not, the simple answer is the right answer. Many people were calling a drop toward the end of the day/week. Target: 64 - 62 I took one look at the weekly and was...
No serious forecasting just an idea I had Not sure it relates to ideas but there's a saying better out than in, so I am sharing it I have added bars for how I believe the price will progress in the near future For a pump up we need to break 58 possibly wicking 55 Volume profile shows 53 possible and there are talks of price in the 4's I don't believe that...
This is how the current price makes me feel. A journey with the kids in the back and we have to stop for a pee break, or because mum made herself feel sick using the phone in the car to nosey on facebook. 'Dad, are we nearly there yet?', one of the kids asks. 'No, we have to pull over because even though using her phone in the car makes her feel sick, she does it...
My long has been doing so well and the pattern change to bullish was smooth but it took me a while to find it. Will find out shortly if it dumps, the algo switched back.
Just trying to work out where we are If this is just stretching a leg of the pattern out for a bit of up then the pattern remains If it was reversal then the pattern may change If it is caused by a big players withdrawal from the market then the pattern is caused by the algorithm and could change once that big player has left Could also be a load of nonsense, some...