In this educational post, I'll be demonstrating how you can approach the market with simple technical analysis techniques, and logic based on simple probabilities. This is not financial advice. This is for educational purposes only. Identifying Support and Resistance - The first thing you want to do, when you begin with a clean chart with nothing on it, is...
In this quick tutorial, I show you how to find the volume profile range manually. So what is a Volume Profile? The Volume Profile study represents trading activity over a time period at specified price levels. Considering the input-defined aggregation period, the Volume Profile plots a histogram showing price distribution, revealing the dominant price values in...
An inverse head and shoulders pattern is comprised of three component parts: After long bearish trends, the price falls to a trough and subsequently rises to form a peak. ... The price falls for a third time, but only to the level of the first trough, before rising once more and reversing the trend.
While technical analysis is usually NOT easy, once in a while it can be. This chart - which shows the TOTAL MARKET CAP minus ETH & BTC - just so happens to be one of those rare cases, and some simple pattern recognition is all it requires to see the obvious similarities that exist between the two fractals/structures. Assuming the pattern holds, expect to see...
🟢USDT's dominance bounced from the uptrend line support to form a twin floor pattern and is now above the neckline of this pattern, which also acts as a support. If the retest is successful, it is expected to move upwards, which will be a sign of decline for the market because the USDT and BTC dominance are inversely related to each other. Use the appropriate loss...
Came across this article which confirmed what I long suspected. The more institutionalized BTC becomes the more it's volatility decreases and value increases but there is a cut off. Fair market value will always be in the forefront as far as an investment grade asset. BTC overtaking gold is highly unlikely in our lifetime. At present, there is in global...
Sometimes the BTC / ETH / SOL markets are hard to watch all at once, you literally need like multiple input signals lol. Combining them into a single bar is very novel
What are bitcoin cycles and why is it so important❓ 🚀This graph shows the entire history of bitcoin, approximately 13 years. If you open the logarithmic display of the chart, you can see some patterns in price behavior. Namely, that bitcoin moves in cycles. Which in turn are divided into an uptrend and a downtrend. 🎢Three complete cycles can be clearly seen on...
"Technical analysis" of the cost of mining BTC. We have already seen when in the bear market in the range from August 2018 to November 2020, the price of BTC pressed against the cost of production (best miner @ 0.1kWh). I expect that in the future the price, due to the increasing competition of miners, will not differ much from the cost price (after the 4th halving).
✅ The Madness of Crowds One way to view the market is as a disorganized crowd of individuals whose sole common purpose is to ascertain the future mood of the economy—or the balance of power between optimists (bulls) and pessimists (bears)—and thereby generate returns from a correct trading decision made today that will pay off in the future. 🎯However, it's...
🎯 In the financial market the orders are on two categories. ✅ Market Execution orders LONG - BUY SHORT - SELL meaning that you are ok with the price on the certain asset and you would like to short or long it on the other side there is ✅ Pending Orders - meaning you are not ok with the actual price and you would like to buy/sell it later in time I use pending...
The time is going to be coming soon when the market is going to go back to a bull market. But what if you could identify how to find those reversals yourself? In this video I go over how I use TA to find VERY important reversal and breakout zones. Enjoy
EDUCATIONAL POST: (FVG - Fair value Gap) 📊📈 Let's take some time to explain a trading term I often use in my TA. 🤓 FVG - or Fair Value Gap (= inefficiency, void...) 👉 What they mean by that is an area of the chart where the price moved past in just 1 single candle, meaning the candle before + after haven't touched this area. 👉 This is how such a gap is...
People who tell you, a trader, not to learn Technical Analysis do so trying to keep you ignorant about the true conditions of the markets, not because the tool flawed. Many of the people fighting it have no idea how it actually works or just can't get their heads around it. The more I use it, the more I study, the more I practice, the easier it becomes. It is...
This is the pattern that reveals the bottom for the Altcoins (Altcoins vs Bitcoin). We are looking at it on the RSK Infrastructure Framework (RIFBTC) chart but it is present/showing up everywhere. This pattern is what we call a "shakeout" or a stop-loss hunt move. The market breaks down strong below support just to move quickly back above it. This started...
Focusing on winning trades is your setback as a beginner Every individual begins their trading journey with the idea that trading is all about winning trades and making money. Soon after their dreams are shattered when they realise it was not as easy as they had thought it would be. Now as we all know, the road to success to many is long and difficult, and that’s...
The impact of the subconscious and emotions on trading with simple solutions. Why can't we make a profit even though we have a correct analysis of the chart? Why does the price return from where we sell it? Why do all those who enter with a small volume make a profit which is also a small one, but when the same one is entered with a large volume, it becomes a...
📉 I tried to explain in this example how i use PDH/PDL to spot intra-day reversals, this happens on all the financial instruments from forex to crypto. Take a look and study this concept. What do you think ? Have you traded it ?