Using Wyckoff's schematic 1 Accumulation,we can analyse the volume to the price action and structure. The description worth mentioning is written on the chart :P.
Dear friends, it’s been a long time since I posted a lesson for beginners, please excuse me, I have been overactive with my projects. Thank you for reading my previous educational posts. I was glad to see in the comments that you have learned something that will hopefully help you take better decisions in your trades. Remember that when you like and leave a...
Some assumptions first: Bitcoin follows an S-curve typical of many growing technologies (and sometimes even stocks/indices): Adoption chart The exact gradients / inflexion points of the S-curve shown here is illustrative, as we cannot know its future development. The hashing rate shown here (brown line) is completely illustrative and represents only the...
So many people blame the unpredictable price moves on the whales. (As if the whales aren't investors, too). In lack of better words these people are blaming the unknown for their failure to understand the market's environment. Not to mention spending hours or days over-analyzing a fake rally that is 100% going to deflate So, Dogecoin Shill, what do I do to...
Blocknet (BLOCK), one of the coins that we started to trade back in early April, is gaining strength and moving up. But as we know, each time a top/peak is reached, there is a retrace in price, followed by consolidation before a coin continue its climb up. BLOCK has been doing good the past few days, but the time for the retrace has come. Here are a few signals...
If what I have drawn on the chart can be considered a true bear flag then, in the medium term, we could be in for some significant downside. This is rule number 8 on pennants from stock-charts.... "Targets: The length of the flagpole can be applied to the resistance break or support break of the flag/pennant to estimate the advance or decline." So, IF this is...
#bitcoin update- $btc still moving between the 50fib-50DMA& 38.2fib(8266-8674)region, last night after testing the 38.2fib at 8674 it dropped impulsively and now we are seeing bullish rsi divergence in lower t-f around 50DMA-8268. We can expect a pullback till 8475-80. #Crypto
Hey cryto-traders! Looking at the Daily Chart, the MA-50 (in yellow) is working as support for Bulls and resistance for Bears. In the hourly sessions, the last down trends have been rejected by it and the .5 Fibonacci Retracement placed from this year lowest and highest. Still the 8.3k zone is a support zone and bulls could be come up with power and gain...
Hey traders, here's an update on the $BTC market. Enjoy ;) Remember the 1-2-3 Strategy: And if you forgot what cyclical trades are, watch this one:
Warriors! I'm bored, nothing to trade. Might as well make a little chart showing how Bitcoin is following the usual bubble pattern - textbook. 1- Displacement 2- Boom 3- Euphoria 4- Profit taking 5- Panic? There have been many signs, but the real panic hasn't happened yet, for example there hasn't been the volume. It could look like this: -42% in 2...
Give this idea a thumb up, to see more of this. I'll post quick trading ideas and education only my Twitter account. I was looking for some good trades today and I just found this obvious trade. During I was analysing this coin, I decided to post this in "education", because I spotted that this is a classical example of: - How resistances can turn into support...
Still room and time for another new high in this 60-day Cycle. But looking at volume on recent peak i would be skeptical. Alt-coins seem to also be exhausted. Chart Numbers correspond to: 1. End of prior Cycle - Capitulation Volume. 2. 10 days into new Cycle, realization phase, massive buy volume and short-covering. 3. Strong buy volume to "logical"...
Hi Guys! Today we want to share with you knowledge with regard awesome indicator which is Weis Wave. We all can see that we have up and down trends. Everything moves in waves' manner. There are plenty of buying and selling waves. But how to identify trend change and buy low and sell high? It's not that easy but with Weis Wave indicator it will become...
Hello friends! Thank you for your support in my previous post! It was not as popular as the first one but I could see from the comments that many of you found it interesting. Your feedback by comments and likes show me that some of you are learning and that is motivating for me to write more! This time I want to address another mistake I see the ones who just...
Dear friends, Thank you for all your responses on the last educational post! I have read all your comments from last time, and while I was preparing this next tip, I realized it’s better to address the most common questions here instead of responding individually, as it will be more efficient. 1. You want to know who I follow. There are many many interesting...
Dear friends, before my last education post, I have to say it has been a long time since I was very active. I have been busy and a bit unmotivated to post on TradingView. The place changed much, and very few times good strong analysts come up on top. People I look up to, analysts and traders with strong years of experience and good trading strategies are buried...
This is a very important post for me. I have spent many years trying to understand: how to get a very high win rate and become a legend of trading? I have read a lot of books, I passed through different courses from experienced traders, mentors and gurus. I got as much information as possible trying to get the answer to my question. And one day, I understood...