Tron
Tortuga Indicator V.2 DisplayThis is a Video that displays the efficacy of the Tortuga indicator on the hourly timeframe. I will plan to post videos for 2, 3, 4, 6, and daily timeframes for this indicator. This is merely for anyone interested in purchasing a monthly subscription to this indicator or to anyone who needed more education on how this indicator works or has been working lately.
If you have any questions, feel free to message me. Give me a follow if you like what you see, I am producing multiple indicators.
My published scripts:
www.tradingview.com
Link for the Tortuga Indicator V.2:
Tron (TRX) Prepares floor (Bottom?!)Tron (TRX) is preparing to form its bottom.
- We have gone oversold on RSI daily timeframe.
- And we have many EARLY signals of a coming bottom.
I will keep track here and update as necessary if this trade idea receives enough attention.
This is a friendly reminder so that you can keep and eye, opportunity to buy available.
Note: This is for your learning and entertainment. This is not a trade.
Thanks a lot for reading.
Appreciate your support.
Namaste.
Cryptogame - The Order In The ChaosHi everyone. I hope everyone is fine and doing well. Sorry I have been very busy at work these days hence was unable to post anything. The previous chart was getting too 'long' for the updates, hence I am posting this one.
Many things in the pipeline. EOS and TRX have their main-net launch dates within the next few days. Still, because of the overall market sentiment, the regulatory clouds, CFTC investigations/probes into BTC price manipulation in the market (they FINALLY figured out something was wrong lol!), the SEC focus on ETH being a security (or not), the price of BTC is not going up. All the bulls who said that institutional money will be coming in soon... well, still waiting since the 22nd of December 2017.
This year is likely going to be similar to 2014 in my honest opinion, but mainly for BTC. I think some of the alt coins (EOS, IOTA, ADA, XLM for instance - may be BCH) will do well. There is another coin - RadixDLT. I have read their white paper and it looks very promising. The team is very polite and the main devs do respond to email queries themselves. Plus they are British! And since I live in UK and absolutely love the country, I will buy this one when it launches later this year.
I will keep updating the charts and also share my thoughts here. Please feel free to ask me any questions or send me a pm and I will aim to reply within 24 hours.
Over the past few weeks, many 'bullish' calls have been made by hedge fund managers and billionaire investors. And also by other billionaires (like Warren Buffet) calling all cryptos a scam.
The answer - everything is a scam! You need to learn how to use the market to your advantage. Don't get caught up with what others say. Everyone has an agenda. Rather than relying on one source, gather as much information as you can about the crypto you want to trade. Always look at the BTC chart because even the most powerful pump or rally can be killed by a falling BTC. If BTC is overbought, then it will have some correction. It can kill almost any rally or pump instantly. So be careful. BTC is the common denominator and is the main index against which all the cryptos are valued. Do your own research first. Don't invest 100% unless you are sure about what you are doing and have a contingency plan. If you are margin trading, then your investment is automatically exposed to an exponentially higher level of risk. So be careful and only invest the money you are prepared to lose.
About this chart. This is on a weekly scale and I have chosen the Bitstamp BTCUSD chart this time. One of the main reasons is that this is the longest time-frame chart that we can look at for BTCUSD pair and hence has more data than other exchanges. The three indicators used are RSI, DMI (Directional Movement Index) and Stoch. I find that when I use these in conjunction and pitted against each other, they do provide a better insight than others. Of course there are hundreds of other useful indicators available. You should use the ones which you are more comfortable with.
The overall market volume is the key here. It has been dropping steadily over the past few days. I have a feeling that BTC will visit the $5000-$6000 range soon, but I could be wrong.
Wish everyone all the best!