Sharkethics

Sharkethics

Hello traders, Bitcoin is in a short term downtrend as well as downtrend in general, (however major trend remains bullish unless some key level are breached( later about that). We can see that in a short term price is forming a very tight descending channel. I think that there is a good chance that we will continue to do so unless we reach some key limits at 43...

Sharkethics

Hello traders, More points towards downside in a short term. MACD histogram (not shown in a chart) might signal that as well as previous leg up was in correlation with higher histogram comparing a present leg up is lesser in number, but higher in histogram itself (15min time frame). Good luck.

Sharkethics

Hello traders, Consider these points and your trading will eventually evolve. Don't take it as granted that you can think in probability. Practice every day that it would become common sense. Thinking in probability is like thinking in 3D or as popular saying goes 'outside the box'. Good luck. Probably :)

Sharkethics

Hello traders, Lets look at the price of bitcoin. Even if we are in a short term bull trend, I think we still have one leg down. I would be quite happy if it won't go lower, but that would be unusually short correction for such a huge rally. However we are never certain, so always wait for confirmation. In the chart you can see a possible rising wedge pattern...

Sharkethics

Hello traders, In this post I will briefly overview three important techniques in psychology of trading: - IMMERSION - EMOTIONAL REPROGRAMMING -ATTITUDE OF GRATITUDE Consider these three point, practice them every day. You don't have to spend plenty of time on these - at least half hour per day. Your psychological aspect and overall understanding psychological...

Sharkethics

Hello traders, Support and resistance is probably the most used technical tool. Good fundamentals in technical analysis is a foundation for solid performance. Any questions, feel free to ask. Good luck.

Sharkethics

Hello traders, Support and resistance is probably the most used technical tool. Good fundamentals in technical analysis is a foundation for solid performance. Any questions, feel free to ask. Good luck.

Sharkethics

Hello traders, Support and resistance is probably the most used technical tool. Good fundamentals in technical analysis is a foundation for solid performance. Any questions, feel free to ask. Good luck.

Sharkethics

THORchain is ready to break above. If it will break the strong resistance and falling wedge it might experience a strong impulse up. Good luck.

Sharkethics

Hello traders, Please consider these points. Understanding risk management intellectually doesn't mean that you are going to use it practically, especially when affected by fear and greed. You have to repeat and consciously remember it every day so that it will get to your subconsciousness. Good luck and take care.

Sharkethics

Hello traders, Latest update from the bitcoin. It is consolidating for now, while some altcoins are moving fast. Bitcoin market cap dominance is still on a downtrend, so money is flowing to the alts. However, we should be cautious, because most altcoins are reaching all time highs and the move these moves won't sustain for a long period of time. However it is...

Sharkethics

Hello traders, In my opinion, two possible scenarios here. If it happened that we have bullish flag in play, we might have a short term trend reversal. We need to break lower highs for a uptrend confirmation. Volume seems to be picking up, so it might be it. However if we broke down from symmetrical triangle, we might also see another leg down. We might touch...

Sharkethics

Hello traders, Here we go again with the latest update from bitcoin. I see it as follows: It seems that bitcoin broken down from symmetrical triangle and now it's lower wall became a resistance. We bounced back to it and then straight down. If that is the case, we might see a move to the downside to 0.5 fib at around 42.5k. However, if bitcoin is forming some...

Sharkethics

Hello traders, TRB seems to wanna break up. Bullish.

Sharkethics

Hello traders, Breaking out of this huge descending triangle means only one. UP. Volume is rising. This coin will pump. Remember, only risk the money you afford to lose. Good luck

Sharkethics

Hello traders, If we break this resistance, we would go much higher. Good luck

Sharkethics

Hello traders, I think this crypto project has plenty of juice left. Daily volumes are high, it will definitely go up at least one more leg. Good luck.

Sharkethics

Hello traders, It's been over two years the price of this coin is fluctuating within the boundaries of this falling wedge. If broken to the upside, it gan cause a strong impulse. Approximate short/medium/long term targets are in the chart.