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NEW MAIN TARGET BTC 36K + BEFORE MAIN TARGET 33k HIT!Hello trading friends, This are an update for BTCUSDT MAIN TARGET UPDATE. We did add before a main target of bitcoin to 33600, and we can say that the main target is hit, its time for a new MAIN TARGET, and that's 36k+ This was our before main target for bitcoin 24H AGO: There are signals that show in the long term a recovery into bitcoin to uptrend - We know BTC is the game of whales, and sometimes there should be a small downtrend before a healthy uptrend. # SINCE we did start with main trend updates, we can say all of them already hit - the next one is 36K Don't expect from bitcoin that it will go directly to your goal target, bitcoin is for those who have good plan disicpline and patience. I think the most time you will be also right - the reason that most lose are because they have low space price action and trade with high risk. Day trader rules # Don't add more money to save lose the order # Don't trade with no stop limit # Don't trade with no plan # All 2 sides are possible # Know before entering order whats your SL/TP # Work slowly to your goal # Dont hope, the market goes on its way # There is no cheap or expensive in the market # Make trading notes # Take a break # wining more times means not there will not come a loose order. # Better w to lose an order with SL and out than to lose all. # Build your account to a high level # Riskmanagement is the key # Don't be panic, take slow actions. when you feel panic, then you do what wrong. #Don't change your plan # Don't take to high risk # Have always enough space between the price action # Don't trade the news, as the news most time counted into the chart for example by inside news. # will the breakout come, then its fine, in trend it's not coming, we still following the next trend. This trend only bases on whale wallet move. ( the possible breakout) Have a great trading day! and if you like the content give it a like and follow for the new live chart updates. thank you
Long
by watchtrend
4
BCHUSDTHello to you all. Mars Signals team wishes you high profits at all times. We are in a 4 hour time frame. As you can see, the price is approaching its resistance line. We can sell on the ceiling, but if there is a weakness in the process when it reaches the resistance line, and if the price breaks the resistance line and stabilizes above the line, We enter the deal with the above goals. We have identified resistance and support for you. Warning: This is just a suggestion to you and we do not guarantee profits. Wish you luck!
Long
by MarsSignals
What Is a MACD Indicator?Moving average convergence divergence indicator (MACD) refers to a momentum oscillator used for a trend following trading strategy. There are two lines, a MACD line and a signal line. When the MACD line crosses above the signal line, MACD is signaling a bullish trend. The MACD line is calculated by subtracting the 26-period EMA (exponential moving average) from the 12-period EMA. The signal line, on the other hand, is just a 9 period EMA line. While most technical indicators only provide a single piece of information about historical price data, the MACD indicator is a versatile 2-in-1 indicator that gauges trend direction and the strength of a trend at the same time. In this article, we will study the MACD indicator in detail and share some advice on how MACD can be used in cryptocurrency trading and how to identify potential MACD buy and sell signals. Invented by Gerald Appel 1979, MACD can help investors calculate the direction, length, strength and momentum of a given asset’s price. MACD Indicator Explained in Detail: MACD is a trend-following momentum indicator that is part of the oscillator family of technical indicators. It allows you to: Assess the current trend direction (bullish or bearish) and predict where the price is more likely to go, based on the relationship between two moving averages. Measure the rate of change of cryptocurrency prices, aka the speed of the trend or its momentum. The MACD momentum readings are useful if, for example, retail traders want to assess the strength or weakness of a crypto trend. On a price chart, the MACD indicator looks like an oscillator with two moving averages, except without specific boundaries such as the most common oscillators (Stochastic and RSI) have. An additional MACD histogram overlays the two moving averages, which completes the indicator. To understand what MACD is and how it works, we need to learn the meaning of the moving average (MA) first. When talking about cryptocurrency price movements, MA represents the line on a graph that shows the average value of data collected over a defined period of time. Traders categorize MAs into two key types: simple moving averages (SMAs) that process all input data equally, and exponential moving averages (EMAs) that grant more weight to the recent data. MACD relies on the latter, as they provide data that is more relevant for making decisions whether it’s worth buying or selling the asset. Perhaps the best characteristic of the MACD indicator is its simplicity, as the signals it provides are obvious even to total newbies. However, it’s worth remembering that one should never make a decision to buy or sell some specific coin by relying solely on one signal. MACD can be a great addition to other trading signals such as Stochastic or RSI indicators. Some details about RSI will be given later in this guide. How MACD Works? In order to understand how to use an MACD indicator, it’s important to understand its particulars on a graph. The MACD indicator is comprised of three key components: The MACD Line — the fastest moving average (short-term EMA) The MACD indicator formula is calculated by extracting a long-term, 26-day exponential moving average (EMA) from a short-term, 12-day EMA. It is usually colored blue. MACD Line = (12-day EMA minus 26-day EMA) The Signal Line — the slowest moving average (long-term EMA) This is a 9-day line designed to show the turns of the price action, usually painted in red. Signal Line = 9-day EMA of MACD Line The MACD Histogram — fluctuates above and below a zero line, which helps to identify bullish and bearish momentum readings The histogram is the difference between the first two elements (MACD line minus signal line). When MACD is above the signal line, the histogram is positive, and vice versa. Thus, in order to read the signal correctly, one should check the following: When MACD is positive and the histogram is increasing as well, this serves as a sign of increasing momentum. The price tends to grow in this case, which can be interpreted as a “buy” signal. Alternatively, when MACD is decreasing together with the histogram value, it signifies that the price is most likely dropping and the asset should be sold. In the next section, we will provide a more detailed explanation of how to read the MACD signals.
Education
by MonoCoinSignal
XRP/USDTAn intense decline in XRP prices yesterday morning did not allow buyers to test the orange level of 0.700 USD. As a result of the pullback, the pair returned to the area of the 0.600 USD mark. Today, in the morning, buyers will try to test the upper border of the descending channel, but they will not be able to break through the red line of the down trend. At the end of the week, we should expect a re-test of the green support of 0.500 USD. If you liked my idea, follow me for more.
by MonoCoinSignal
ETH UpdateYesterday morning, the pair failed to gain a foothold above the psychological level of 2000.00 USD and during the day the ETH price rolled back into the blue channel. Late in the evening, buyers tried to pull the price out of this side channel, but failed to break through its upper boundary of 1860.00 USD. Tonight, there was a large spike in volumes on the market 13 times higher than the average trading level, while the price of ether dipped below 1800.00 USD. In the morning, the volumes decreased and buyers are probing the upper border of the side range for strength. Until the end of the week, a pullback to the lower border of 1735.00 USD is expected. If bearish pressure intensifies, a pullback to support at 1660.00 USD is possible. If you liked my idea, follow me for more.
by MonoCoinSignal
Why not use the left-side trading strategyInvestment has always been diversified, many people choose to bargain, low suction and high throw; some are on the right. The method is not good or bad, but for different markets, we should choose a suitable way, rather than mechanically mechanically. Buffett is a typical left investment, many times he can hold for ten years or more, so everyone respect him as the god of shares. But that is the fundamental logic, there is the target of long-term investment value. But in the digital currency market, altcoin does not have solid fundamental support, so the left trading method may bring huge losses. I made a simple count on the weekly chart, where most altcoin s have fallen over 70%, but is that the bottom? In the last bear market, altcoin mostly fell 90%. Regardless of the time cost you need to cover, that is, there is 20% in space. If your source of money is borrowing and using leverage, how much pressure will you bear? The reason why many people can not maintain a good attitude is not that they are naturally urgent, but under the pressure, can not maintain a good attitude. Therefore, I have always suggested that you use the right trading standard, on the one hand, we can avoid the uncertain time cycle, many times, at the bottom will be sideways for a long time, even if you buy a low point, but can not make profits, that is, lose the opportunity to invest in other targets, will also let their doubts, resulting in the imbalance of mind. Summary: For the lack of consensus, lack of fundamental support, lack of institutional funds, we should adopt the right-hand trading strategy.
by peter-l
BTC/USDT AnalysisFor analysis I will take the history of the previous impulse (from the 3.5k accumulation zone to 14k highs). The same 5-wave impulse according to Elliott. (impulse - correction - impulse - correction - impulse). The 4th wave took on a more complex shape in the form of a horizontal plane, and the 5th wave was an extended impulse, 161.8% of the third impulse. The impulse is complete, corrections do not go beyond the orthodox peaks. All rules are followed. There are quite a few interesting points on this chart: After the parabolic growth, we returned to the normal growth trend. This is an excise. Thought also confluenced with FOMEO as he shared in his recent VID. Price analysis between 23 may low to 20 june overall structure shift. June 3rd week shift a change in BTC price structure by breaking the sequence of LH and printing High at 41k* . To keep valid this shift , price needs to hold 34630 (the low formed before Printing High) Break below 34630 would put this new change in structure into weakness and considered as First invalidation level. Further on, Only holding of 33.4K confluenced with 0.786 Fib will defend this structure to be have bullish If this fail and price touch 31k level , i would wait for some more price development before considering any potential plan. The fall from the peak was 36%. If we stretch the Fibo to this impulse (14k-9k), then the cue ball corrected this impulse to fall to 0.618 Fibo and realized the dragon (we came to the level of the head). (12.2k). Breaking through both the counter-trend and the 0.5 Fibo. The situation with the removal of stops is also interesting. This is the same previous "cross of death". There was a monotonous fall, they put everyone in shorts, long and hard. I remember being manipulated in a glass. On the asks, they set up walls near the market price, psychologically encouraged the crowd to sell the asset, and bought them out from bids in small volumes. And in the 6-7k range there was a very powerful buyer's block, there were thousands of cue ball to buy. They were not allowed to purchase this block, despite the high-quality work done in the glass and in the news feed (death cross) in order to intimidate the crowd. As we can see on the chart, the momentum was 40% up for 2 days. Not a single stop, not a single deposit can withstand this. Therefore, shorting the cue ball is a thankless job. The long situation is also interesting. The price was stopped by the 0.618 correctional fib and the border of the main growth channel. Excellent entry point to long. But even here there was a place of manipulation, everyone who put stops for protrading was punished. They knocked out the stop, left it without coins and moved the price by 40% within 2 days. We project onto the current situation and draw certain conclusions. I also emphasize that this is a cryptocurrency market. This is an evil market, where there is no regulator, where constant psychological attacks on the consciousness / subconsciousness of an unprepared speculator, where volatility is high, where X's are possible, but their direction is questionable. Therefore, there must be a specific plan of action. If you liked my idea, follow me for more
by MonoCoinSignal
Bitcoin Cash (BCH) formed bullish Shark for big moveHi, dear friends, hope you are well and welcome to the new update on Bitcoin Cash (BCH). Previously we had a nice trade of BCH: Now this time, on the 4-day chart, the price action o BCH has formed a bullish Shark pattern. The priceline has already visited the oversold zone as it was dropped up to $468 and moved up. However, if the 50 simple moving average will be broken down, then it can give us another chance to catch it from the buying zone of this pattern. There is also 100 simple moving average support in the potential reversal zone. Buying and sell targets for Shark move: Buy between: $530 to $340 Sell between: $789 to $1265.42 Stop loss: The maximum extent of the potential reversal zone at 1.13 Fib level can be used as stop-loss which is $340. . Possible profit and loss ratio: As per the above targets, this trade has a profit possibility of 270%, and a high loss possibility up to 36%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333