I've been curious as to what players would be involved to have the Crypto world have a one trillion dollar market cap. Looking at the top 20 coins, it looks as though we sit around $600 Billion, so less than a doubling of the current market. I truly believe the "FOMO" hasn't even arrived in the market and once they catch on that we'll see the trillion dollar...
This is our guide to investing into the CryptoCurrency Market. 1) Bitcoin Runs the show 2) Top Alt coins will produce massive gains if Bitcoin continues bullish momentum - Focus on the best ones with partnerships / tech / adoption / relevance 3) 99.9% of Cryptos will fail - A small few will see historic price action - Do your own due diligence 2) Dollar cost...
Single Candle Supply & Demand Zones are a form of Supply & Demand Zones and price can commonly find Resistance or Support on them. For those who are new to Technical Analysis ; "Support" is a area on the chart price and demand (buying pressure) increases from, with "Resistance" being the opposite, with price decreasing and sell orders (Supply of asset) increasing...
Can You Analyze ETHUSD? I can, But It Isn't Easy, It Isn't What Think! Charting is very complex... I don't like charting these because I can give a very compelling article about why ETHUSD should move to "x" direction based on the signals that I see, but the next minute the contrary happens and many people don't understand how this work and then they blame it...
📚 LEARN MORE 💰 EARN MORE With ForecastCity Descending Triangle Definition: An Descending Triangle is a type of triangle chart pattern that occurs when there is a support level and a slope of lower high . It is defined by two lines: . A horizontal support line running through valleys. . A Downtrend line drawn through the peaks. The lower highs...
In this post, I’ll be shedding light on market cycles for cryptocurrencies, specifically Ethereum in this case, and how investors’ sentiments are reflected at certain phases of the cycle. Market Cycle Explained - We can refer to the graph in green, which demonstrates the overall market cycle - Markets undergo phases of contractions and expansions, forming peaks...
Inverted Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder). A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly...
Inverted Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder). A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly...
In this post, I'll be providing an educational post on the cryptocurrency's market cycle, and how to overcome the fear of missing out, also known as fomo. It's important to understand that the cryptocurrency market has very clear market cycles. In order to profit in the cryptocurrency market, it's important to think like a whale . 1. To begin with, whales keep...
In this technical analysis we are reviewing the price action on Ethereum. The confirmed bull flag is a very powerful signal and I will be explaining how you can trade it. Both flags and Pennants are quite similar to each other and have proven to be powerful chart patterns in technical analysis. They are considered 'continuation patterns'. First of all it is...
IF Chainlink does not claim 13$ again soon we may be putting in a bearish retest of a BARR TOP (Bump & Run TOP) Pattern. The pattern is explained below and there are some obvious key area to watch on the LINK/USDT Chart. Note the below image of Bitcoins run to 20000 as a comparison of a successful BARR TOP. The Bump And Run Reversal Top (BARR Top): • Follows...
Here is something that everyone in crypto needs to watch more closely. The USDT dominance chart is a great way to map out how invested people are at any given moment. In the last month, we have seen participants move to cash, but are we on the cusp on a trend reversal? The charts are giving clues of that right now. Let’s hop onto the chart: The first thing that...
Happy Sunday traders. Trading is difficult. Weekends in particular bring a lot more difficulty. I wanted to create this chart to make it easier for beginners to trade. You can easily see from the chart the course of events and how you can prepare for such situations in the future.
ETH/USD - Coinbase Disclaimer: This is not financial advice and not a good speculative strategy. On the contrary, it's simply a "how to survive" strategy that is still not perfect and changing all the time. However my underlying chart and thinking has largely kept me safe from any MAJOR losses (knock on wood). I also drew this trend line several years ago....
👋 Hello, I hope everybody is having an awesome week with their trades! 😁 We here at MLT | MAJOR LEAGUE TRADER want to walk you through our time split system with the crossover strategy and the ema dots indicators. Let's take a look... So what we will be using in this example today is USO (United States Oil Fund) Top chart (12 Hour Timeframe) Bottom chart (1 Day...
We have found a perfect hedging opportunity on ETH hourly chart. We have symmetric triangle formation on ETH hourly and also the chart is ranging between 240-246 , so there comes the perfect hedging opportunity. HEDGE ETH @242.5-243.5 Close long @ lower breakout - 239 close short @ upper breakout - 246