For those interested, OB's are quite the holy grail in BTC, together with RSI divergences... and PA (patterns, candles, etc...) The only untested OB's are shows in blue, the ones already tested in green... So we can see we have our bullish OB above PA untested, even if we gonna make a new low, we should test it, starts at 8223$ and ends at 9529$, but closing...
Hello again. I am just being observant this a.m. and looking at these dojis on the 1hr. This method is not perfect but I use it often. When I see a doji (like the ones indicated) and the doji is at the top of an uptrend or downtrend I will often take a position. I can not tell you I have won every time I do but I would put my win/loss ratio to 75% win - 25% loss....
Seeking key to manufacturing a sustained bullish move using Line Break Chart and MACD. NOT ADVICE. DYOR.
Now that I created indicators for tracking both Bitmex and Deribit futures, I decided to do a comparison between the two before we loose the December Futures Data. Initial observation is that Deribit Futures seem to trade at a higher premium. Let me know your thoughts? If you are new to my posts, please check out my other ideas and indicators in related links below...
COINBASE:BTCUSD SUPPORT AND RESISTANCE COVERED! It is so important that you understand support and resistance. It may seem so basic but this alone can make you consistent profits. Understanding where the market may pivot is an edge you simply can not afford to not have in your technical plan. If you have any questions or comments, leave them down below and i...
If you would like to see how the XBT 2-hour Golden Algorithm performed in the bull run to 20k BTC then have a watch of this video. If you want access to the algorithm go to bikinibotcrypto.com
NOT ADVICE. DYOR.
$1,000,000.00 a year is only $2730 a day. $2730 a day is only $110 per hour if you earn money 24 hours a day. If you're only working 8 hours a day, how do you make money in the other 16 hours? You need a business that pays you whilst you sleep. Simple! There is nothing wrong with having a job to pay the bills, but a job rarely sets you financially free....
Just as important, riding a bicycle, or even a supercar, doesn’t fall under the train, in order to understand when and in which direction to trade - you need to figure out who you are playing against, how to behave in each of the phases of the market, and how to identify these phases. Today we’ll talk about the mechanics of the market and its participants....
My first study using #RENKO charts WOW! So revealing....(or not). You decide. NOT ADVICE. DYOR. NOT ADVICE DYOR
At the 4H-timeframe scale it can be clearly seen how perfectly correlated are Bitcoin and Ethereum price actions in the middle term. There are vertical flags with dates and time from the beginning of the observation till the current moment. Starting from the 21th of November you can see each sharp movement duplicates, even IHS patterns were formed in the same...
NOT ADVICE. DYOR.
In order to promote accountability and transparency, here is a collation of all the BTC/USD calls I have made in the past 3 months. Note that some where on smaller time frames than the Daily (that is used in this graphic), such as the 1hr and 4hr, but otherwise remain relevant to the review. Bitcoin Repeating History: 10 Part TA Series On Repeating Past Patterns...
What is Bitcoin..!! Bitcoin is a digital form of cash. But unlike traditional fiat currency, there is no central bank controlling it. Each unit of Bitcoin is unique and cannot be copied or destroyed, and it runs on top of a distributed network, maintained by thousands of computers around the world. Bitcoin Features..!! - Decentralized access allowing any...
We are currently still in the infancy of the cryptocurrency market, as the market matures more coins will die off, fundamentals will become more prominent during evaluation and new trends within culture will emerge, including cryptocurrency. Often this infancy is compared to the dot com bubble which it is very much alike. This infancy is a direct contributor to...
The graph shows, by the example of BTC / USD, the combined 2 money management strategies for taking high profits with minimal risk. And for all the trading time, only 4 transactions were made, including the loss-making one, almost 2 times more expensive than the minimum price! I showed a specially bad option when a person could not or did not want to exit Stop...
NOT ADVICE DYOR. Caveat - small sample size. Here's the construction. You need BB %B indicator. Then do MACD on that indicator. Mark all instances signal line turns positive (yellow). Mark (white) first instance histogram turns red. If both these cross month end then mark that month end (blue). Box both months in white. Bulls need to push daily close above...
This post follows my previous post identifying set up. Caveat very small sample. NOT ADVICE. DYOR.