Play by play breakdown of the price moves over past few months with labels, note the 18hr alternating volume pattern observable across many crypto markets.
The market still has no direction, so no effort to prejudge what point entry, I see is the right signal, break through ma18 again, otherwise wait for macd to form a long trend. Talking about some of the logic of trading today, which I've repeatedly stressed before, analysis and trading are two levels of things. A lot of people always say they want to make money,...
NOT ADVICE. DYOR.
NOT ADVICE. DYOR
Details on chart. NOT ADVICE. DYOR.
Just a quick tip on an alternative to use ADX. Hope this helps a few people. Ignore the one blue line. Accidentally put it there
Normally, this detector is very useful to find the next ATH. The idea is also presented by MMCrypto. MMCrypto uses Fibonacci Multipliers on 1D and 3D. When you try it on 6H as shown, it is displaying very interesting support and resistance points. I circled them. Hmm. It looks like 6H is a very good time frame to trade. You can try Golden Ratio Fibonacci...
Using Parabolic SAR on DXY (Dollar Index) and analysing previous effect on stocks and bitcoin NOT ADVICE DYOR
Interesting to see if we end the month with Red & Blue Heikin Ashi Monthly Bars for Sept & Oct 2019 like Aug & Sept 2016. NOT ADVICE. DYOR.
When things are great, we feel that nothing can stop us. And when things go bad, we look to take drastic action. Because emotions can be such a threat to an investor's financial health, it is important to be aware of them. This awareness can then protect you from the negative consequences of impulsive and irrational reactions to these emotions. 1: Optimism,...
Just ignore. I'm trying out the video recording and publishing function for the first time.
Took the weeks in which 20MA decline ended. Marked with arrows when week high and low pierced H L range of first and last daily price bar of decline in MA. Can you discern a pattern. NOT ADVICE. DYOR. From yesterday's post see yesterday's post for more detail
My stop-loss was at 7385 and they pulled down the price to 7384.5! And now price reached to my target at 7600. Funny.
Using 20MA Bitcoin Shorts. When to buy. Looked for long drops in MA ending with double bottoms (27 & 29 Jan, 21 & 25 Otc) and studied those bars to draw interesting breakout levels. In this study a close above $8371.3 looks key for bulls, and below $7,426 for bears. But be careful this is based on today's low at the time of posting this chart having already been...
NOT ADVICE. DYOR
Monthly chart. Both chart and FIb levels based on log scale. Only 61.8% level included.Three rising highs and lows (green candles). NOT ADVICE. DYOR.