Here's the bigger picture just in case those who saw my last posting couldn't work it out . MACD study of two double tops. Chart is looking a bit wrecked, but the only way I could show full MACD study. So far it looks to be working out well. I've also updated some of my earlier yellow lines to better reflect accuracy etc... Hope the visual is self-explanatory.
Hello everyone! This is my second video and first educational video. It is about Fibonacci pivot points and how can someone use them in his trading. Enjoy
Just thought to publish main signals (ideas) I've been tracking since February 9th, 2018. My usual way of studying MACD looking for a crossover down followed by a first trough in the bars which remains the lowest trough before the next crossover back up as a signal to track, looks still good. Have shown 9 since February 9th. Also I use Bollinger Bands (20,Close,...
Hey guys, just wanted to post this quick educational analysis of what a bear flag looks like and how to calculate the measured move. Pretty straightforward from the chart, but if you have any questions feel free to comment. Also, this bear flag ties in with my other idea that is linked below in case you want to see how it plays along with the current situation....
Looking at the BTCUSD logarithmic scale changes the perspective quite a bit. This view explains why it turned downwards when we all thought it already broke through the channel. Which it did... in the linear view. When doing a technical analysis, it's a good idea to sometimes take a step back and make sure you've looked at it from all angles. And that's my...
If you look at nearly any other coin, you’ll see it trading sideways for the last several days. That’s because the entire crypto market is holding its breath, waiting to see if BTC will break through its $11k resistance point (solid red line). There’s no need for an analysis at this point… …let’s see what happens, shall we? Indicators: Dotted green line: We...
My method and key metrics I check before entering a trade or even getting too technical with the chart. You know: Why would we set ourselves up for failure? I thought I'd share this with my friends, and why not make it public too. General coin info. Does the project have a whitepaper and exposed team? Is the developer still involved? Is the team...
I won't ever say I'm an expert in Elliot Wave but this is my take. We are still in an abc correction and the second impulse wave heading down to the completion of the abc correction wave. Which should bring us down to around 7k before it completes. Now I know plenty of experts are saying otherwise and I respect that, we all see things differently, don't trade...
Well possibly anyway. Dependant on wether or not another head and shoulders is realised on the hourly chart, it is looking fairly likely but we will have to wait and see. The left shoulder is usually formed at the end of an extensive move during which volume is noticeably high. Once the high of the left shoulder is formed, there is a subsequent reaction and...
Hello my friends ! This education lesson is more for beginners, as I am too. Many new people have no clue about analysis, as begining. I did same mistake. ICX , or ICON now reach strong support at 4h timeframe. Its decide-point, which direction will continue. I like to share my approch. Usually, I just change chart to smaller timeframe ( here are2 hours...
Three likely scenarios for bitcoin within the next few days. Scenario 1: To turn bullish again, bitcoin needs to break the falling resistance around 9100. This will get bitcoin out of the falling channel. Scenario 2: Bitcoin touches the resistance and crashes hard as the previous two lows. If bitcoin breaks the 6k resistance, the next stop is 4k and that would...
What is 'Divergence' Divergence appears on a bar chart when the price of an asset and an indicator, index or other related asset move in opposite directions. In most of time DVG have 3 peak, or bottom,. 3rd is considered as confirming. Best indicators for look DIVG is MACD, CCI, RSI, also clone of MACD is Awesome Acs. Best and most confirmed divergence can be...
There's not much value to be had to say exactly where the bottom is, but I want to summarize what I (and many) have done wrong in the weeks preceding this bubble burst. Still, first let's look at the bottom : From ATH to neckline was a drop of 7250; target is 100% retracement to 5.5k. From the bull trap to the bear pennant drop of $7750; target is about...
Cryptocurrencies are here to stay for long. Many experts predict that the year 2018 is going to be a year that will bring excellent wealth to investors trading cryptocurrencies. Coinissimo, the cryptocurrency discussion board, and forum is here to help people identify the right cryptocurrency to invest. The forum analyses the top cryptocurrency on which people...
-- HOW TO FIND MARKET BOTTOMS -- Here we see that btcusdlongs/btcusdshorts gets a huge spike upwards while bitcoin itself is going down. Similar to RSI, this is a classic divergence that shows that people don't feel safe holding shorts any longer and/or want to go long and catch the bottom. With a btc/usd overlay it's very easy to see how during previous btc...
A replicated model of " Economic Bubbles " by Jean-Paul Rodrigue which I overlaid onto the BTCUSD -13.83% chart. Terrifying resemblance considering this this model was created in 2008. What stage do you believe we are in? I do not believe this is the end of crypto. However, I do advise everyone to keep an open mind, and to trade carefully. I wish you...