📉 Why Measure Fear and Greed? The crypto market behaviour is very emotional. People tend to get greedy when the market is rising which results in FOMO (Fear of missing out). Also, people often sell their coins in irrational reaction of seeing red numbers. With our Fear and Greed Index, we try to save you from your own emotional overreactions. There are two...
✅ I will look at the momentum to understand if price has power to move towards my take profit area or no, a perfect scenario is when i enter a long or a short order the momentum should increase from candlestick to candlestick not decreasing, increasing momentum meaning that price has fuel and it is not exhausted. 🎯 Increasing momentum - bulls/bears has power,...
¿What is Ethereum? To fully understand Ethereum, what it does and how it can potentially impact the society of which we are a part, it is critical to learn what their core characteristics are and how they differ from standard approaches. In the first instance, Ethereum is a decentralized system, which means that it is not controlled by a single governing...
What is pyramid profiting ? When we add to our existing profitable positions, while managing risk properly, that's the way to pyramid profiting. Pyramid profiting is done when we see a healthy trend be it bullish or bearish. While bullish, we add to our existing longs, and vice versa for bearish. Basically, we are taking advantage of trends by adding to our...
An idea regarding Fibonacci I believe the price within the arcs of the fibonacci circle move in waves With 1.618 being a bearish wave in this case, with a bullish transition to another ring. There seems to be a clear relationship between 1.618 and .618 its probably simple for someone more knowledgeable in this field which I am still learning. Explains on chart....
Example of wedge symmetry, rising wedge turned falling wedge on the ETCUSD pair. The falling wedge begins wide at the top and contracts as it proceeds, eventually tightening to a point where it 'explodes' which can be seen. The rising wedge is the same except beginning wide at the bottom and tightening as it proceeds upwards, eventually leading to bearish...
Ethereum Classic Wyckoff Accumulation and Distribution full cycle.
I would like to show you a good example explaining why we should use pending orders for entry the markets above/below important zones. Several days ago I wrote about possible trading opportunity for Ethereum Classic. You can find this post in related ideas. I wrote that the price bounced from the resistance zone which was formed by SMA100, the downtrend line and...