thebettertraders

thebettertraders

Introduction: In this comprehensive TradingView idea, we dissect the evolving dynamics of NYSE:FET (Fetch.ai), a cryptocurrency that is currently exhibiting compelling indications of an imminent bullish reversal on the daily timeframe. Our analysis brings to light four crucial observations, all of which point towards a potential shift in market sentiment for...

thebettertraders

In this TradingView idea, we focus on CRYPTOCAP:SHIB (Shiba Inu Coin), a notable "meme" cryptocurrency, which has recently broken out of a long-term overhead resistance established in February 2023. With multiple bullish signals, including the TBO (Trending Breakout) indicator printing a TBO Open Long and the TBO Cloud showing signs of a trend change, ...

thebettertraders

In this trading idea, we will explore the potential shorting opportunity for LINK/USDT, driven by recent news-induced overbought conditions and strong over-extension from the TBO Fast Line. The confluence of factors, including resistance at previous TBO Resistance lines and the 0.236 Fibonacci level, presents a compelling trade setup. Reasons we are looking to...

thebettertraders

Introduction: In this analysis, we will delve into the XRP chart and explore the insights provided by our proprietary indicator, TBO (Trending Breakout). Despite recent market-wide volatility and the release of the Hinman documents, XRP continues to face challenges. This analysis aims to shed light on the significance of the TBO indicator and its observations on...

thebettertraders

Introduction: In this analysis, we will examine the support and resistance levels for the $APE/USD trading pair. Often, identifying these levels can be complex, but with the help of our proprietary indicator, TBO (Trending Breakout), we can obtain unbiased information regarding strong levels of support and resistance on the chart. Understanding TBO and its...

thebettertraders

Ripple CRYPTOCAP:XRP has been in the news again in regards to their ongoing court case with the SEC. Rumors of a positive verdict are circulating, which typically creates bullish sentiment for price action- but Ripple has been in this situation several times over this long litigation. So what does the chart say? The white trend lines show a pennant formation on...

thebettertraders

In today's idea, we're going to entertain a "what if" scenario for CRYPTOCAP:BTC : what if the price of Bitcoin does an exact repeat of what happened back in 2019 up until the high in early 2021? This hypothesis is based off the candle pattern that starts from the 2019 mid-cycle high (1). So, assuming April 2023 was our mid-cycle high of $31,035, it's...

thebettertraders

PEPE has had its short time in the spotlight after crashing 72% from its all-time high- which doesn't mean much for a coin that has only existed for a few weeks. But we're not going to get into the ethics of meme coins in this post, so we'll table that thought and let you wrestle with it. Our goal in this post is to help you understand how to use our "TBO"...

thebettertraders

LINK has been in a compressed sideways range ever since June 2022- nearly 10 months. Many other top 10 and top 20 tokens have made significant returns after Bitcoin's victory bounce back in January, but LINK has been forced to stay below the 0.236 Fibonacci line (at $9.126). But one thing our indicator, the "TBO", is telling us is that a trend change has been in...

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Gold traders, take note! The "TBO Breakout Cluster" is making waves on the daily chart for Gold, and we're excited about its potential. Over the past 3 years, "TBO" Breakout Clusters have led to upward price explosions of 6% to 20%, with a 87% win rate. But what exactly is a "TBO" Breakout Cluster? It's when three or more "TBO" Breakout symbols are printed in...

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The "TBO" Indicator (we have to type it in quotations because TBO is a ticker here on TradingView) stands for Trending Breakout Indicator, and it does two things exceptionally well: gauge the strength of the trend, and identify when a breakout (or breakdown) could happen. No indicator (just like any trader) will be 100% accurate every time, but based on past...

thebettertraders

The TBT Stop Loss Hunting Alert is our proprietary indicator that does one simple- yet extremely important- job: to notify traders when Bitcoin might be experiencing unexpected volatility in the next 24-48 hours. The chart says it all, folks. Note that the TBT Stop Loss Hunting Alert isn't going to trigger just before every drop- nothing and no one is that good....

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The "TBO" indicator was created to show the strength of the trend as well as show breakout and reversal signs. The U.S. Dollar Index (DXY) has been an important metric for gauging the sentiment of TradFi markets (SPX, DJI, FANG, XAUUSD) as well as crypto markets (BTC, ETH, TOTAL), which means that all TradFi and crypto traders should be paying attention to this...

thebettertraders

Combining USD Tether and USD Circle dominance charts ( USDT.D+USDC.D ) gives us a bigger picture of the strength of stablecoins in the crypto market, and applying the "TBO" (Trending Break Out) Indicator gives us a clearer picture of the strength (or weakness) of the current trend- and this trend is looking weak according to the "TBO". Here's why 👇 The circled...