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Entry Confluences - Examples 📉📉📉🎯 Those are the examples where you use all the confluences i am teaching in my community posts. ✅ Market Structure ✅ Key Level ( Support, Resistance areas) ✅ Candlestick Patterns ( bullish or bearish ) ✅ Fibonacci Retracement ( discount or premium ) You can use them as a single confluence but to have a better trade probability i recommend to allign them together, remember focus on the quality not the quantity. You don't need a lot of trades to make money in the markets, you need high quality trades patience and discipline. What is your analysis ?
Education
by AnonimFXRO
Spinning Top's Candlestick Pattern ✅✅ A spinning top is a candlestick pattern that has a short real body that's vertically centered between long upper and lower shadows. The candlestick pattern represents indecision about the future direction of the asset. It means that neither buyers nor sellers could gain the upper hand. ✅ White spinning tops are candlestick lines that are small, green-bodied, and possess shadows (upper and lower) that end up exceeding the length of candle bodies. They often signal indecision between buyer and seller. To look for the spinning top among the red candles, you can use the Spinning Top Black candle pattern ✅ There are two variations of this chart pattern: the bullish spinning top (green in colour) and the bearish spinning top (red in colour). The bullish formation occurs when the closing price is higher than the opening price, while the bearish pattern occurs when the opening price is higher than the closing price. Do you use this candlestick pattern in your analysis ?
Education
by AnonimFXRO
Timing the Market Using Tether DominanceI always emphasize that time in the market beats timing the market, but I want to share an interesting approach that you can consider taking when timing the cryptocurrency market, especially when it comes to Bitcoin's overall direction. This is not financial advice. This is for educational purposes only. Tether Dominance - Just as Bitcoin dominance refers to Bitcoin's market cap relative to that of the entire market cap, Tether dominance is no different. - It refers to how much capital is parked in stablecoins, specifically Tether, at any point in time. - Since Tether (USDT) is a stablecoin that tracksthe USD, an increase in Tether dominance suggests a pullback or correction in cryptocurrencies. - A simple way to understand it is to think of USD flowing in and out of the market. - On the other hand, if Tether dominance drops, it means that more capital is being deployed to purchase cryptocurrencies, which is bullish overall for the market. - If you look at the graph above, you'll clearly see the inverse correlation between Bitcoin (orange) and Tether dominance (black). - Key support and resistance zones for Tether dominance are marked as well. - As we're currently trading slightly above local support, marked in green, if we see Tether Dominance fall below those levels, we could expect Bitcoin to continue rallying upwards. Bitcoin Daily Chart Analysis - We've tested Bitcoin's yearly open price at $47.2k, and failed to break above the 200 simple moving average (purple). - Bitcoin has retraced to $45-46k levels, which is a completely anticipated move considering that pullbacks can take place upon breakouts. - As the overall structure remains bullish, and we see the moving averages cross again, aligning in order for a bull rally, I expect us to retest $50k ranges again. - Whether we get rejected at those levels, or break through it is unclear, but we'll take it by levels as we always do. Conclusion With Tether dominance currently barely holding local support, I think there's a high probability that we see those support levels break down, and see Bitcoin rally upwards once again. This is definitely an indicator that you want to continuously refer to as you trade. If you like this educational post, please make sure to like, and follow for more quality content! If you have any questions or comments, feel free to comment below! :)
CRYPTOCAP:USDT.DEducation
by Michael_Wang_Official
38
Fear/Greed Index = NEUTRAL ✅As many of you guys know closely look at the Fear/Greed Index indicator when trading the crypto market and i try to allign the technical analysis with the sentiment analysis because crypto market is very emotional and many moves are based on the emotions either it's fear/greed or anything else. For today the 04.02.2022 FEAR/GREED index indicator is located at a NEUTRAL area meaning we have no ENTRY, the RETAIL HEARD is not in a GREED or a FEAR Sentiment so there is no trading opportunity based on this market analysis tool, let's wait for the btc drop somewhere around 45k - 42.5k in those areas there is a high probability the tool will be somewhere around 40-50 FEAR area so that will be a good LONG ENTRY. ✅ 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 simple assumptions: ✅ Extreme fear can be a sign that investors are too worried. That could be a buying opportunity. ✅ When Investors are getting too greedy, that means the market is due for a correction. Therefore, we analyze the current sentiment of the Bitcoin market and crunch the numbers into a simple meter from 0 to 100. Zero means "Extreme Fear", while 100 means "Extreme Greed". See below for further information on our data sources. What do you think ? Do you use this market tool ?
COINBASE:BTCUSDEducation
by AnonimFXRO
Is SHIB in the ACCUMULATION phase? Identifying the WHALES!Shiba Inu (SHIB) is one of the most popular project of 2021. After the accumulation phase, it rose by about 1000%! Now the token has dropped by 70% of its ATH and has been consolidating for about 2 months. Could this mean the beginning of a new growth phase? Accumulation phase is the purchase of cryptocurrency by BIG players to sell higher to the retail investor. There's not a lot of HYPE around this token right now. Retail traders who have lost 20-50% of their money are starting to sell out in a panic. At this time, the BIG players buy the available tokens from the market to sell higher to new traders who will come on the next HYPE. The same situation as it was in 2021! It is important to say that if Bitcoin starts its drop, then altcoins will drop too. Is this really the accumulation phase and we close to RENEW the ATH? We will only know after some time, but we already see the signs of accumulation phase on the chart. Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Education
by Yuriy_Bishko
10
General Pattern Failure Explained on BitcoinWhat is General Pattern Failure? General Pattern Failure occurs when a chart pattern breaks out, fails to hit target, quickly reverses then rejects off that same breakout level back inside the pattern continuing in the opposite direction of the breakout. Pictured above in the original chart is a normal breakout on a Inverse Head And Shoulders Pattern while the lower very right examples show General Pattern Failure on the same pattern. Note how the first example has a Bullish Retest (A) where price actually increases at the breakout while the second example is coming back inside that area and finding resistance back inside of the pattern, (Bearish Retest, (B) this then leads to price falling back inside with strong volume/momentum. General pattern failure can also be considered a Liquidity Grab or can be referred to as a “Fake Out”. ----------------------------------------------------------------------------------------- Other Examples: The below image shows General Pattern Failure occuring in the opposite direction on #Bitcoin at $11000 on a Head & Shoulders Pattern. The below image shows General Pattern Failure occuring on BNB Binance Coin (Great Example, Click the image to see the trade play out) ----------------------------------------------------------------------------------------- Final Thoughts: So by using the above methodology we have a potential clue here for Bitcoins next movement, I am watching the 49-50k area to see if we continue to fall or see a short term push (if we get back above the Inverse Head & Shoulders Pattern, $53000 is the next area of interest). Learning to trade patterns such as these can provide great opportunities if you understand price action and how to identify the key areas of the pattern that other traders and investors may be focusing on too, these areas become important psychological levels on the chart that allow us to map out potential trades.
COINBASE:BTCUSDEducation
by Worth_The_Ri5k
Understanding Bitcoin from a different perspective #3What is the value of bitcoin? Is it an asset or currency? In my opinion it is neither just yet. In article #1 We discovered that the first time bitcoin was priced by an exchange. They did so by calculating the electricity it took a single computer to mine a bitcoin. So if the last bitcoin will be mined in 2040,What then will bitcoin be priced by? January 31/2014 Despite the People's Bank of China clamping restrictions on the currency just a month ago, BTC China has resumed trading. Prices have remained stable. BTC China, one of the most well-known exchanges in the world, said that it would resume allowing yuan trades. "Everything is fine. It was never explicitly banned by the government." BTC China CEO Bobby Lee told CNBC. It appears like there has been a lot of fuss for nothing. That was after a 70% drop in the price of bitcoin a month before😡😡. February 24/2014 Mt. Gox, the world's largest bitcoin exchange, has declared bankruptcy.The exchange was broke; nearly all of its Bitcoin assets had vanished, including approximately 650,000 coins belonging to customers (worth approximately $40 million) and 100,000 belonging to the exchange itself. Using a weakness in the Bitcoin protocol, hackers siphoned off all of the exchange's assets. "Transaction malleability" was a design flaw that allowed for numerous withdrawals of the same amount, but it wasn't a novel concept. The problem had already been identified and coded around by other exchanges. Surprisingly, Bitcoin withstands the reputational damage, with people blaming the exchange rather than the asset. Bitcoin has fallen from a high of around $1,160 in December 2013 to less than $400 in February 2014. March 26/2014 Following China's approach, the IRS has determined that Bitcoin is property rather than cash, making it subject to capital gains tax. The move shattered the cryptocurrency's founding values of freedom and decentralization. The lack of faith resulted in a 33% drop in value over the next month, from over $600 on March 10 to just over $400 in mid-April. June 13/2014 Mining pool GHash now controls 51% of all hashing output, allowing it to circumvent Bitcoin's blockchain's decentralization and exert control over many of its functionalities. What exactly does this imply? Hashing is the computation process that makes a Bitcoin .it's what miners execute to build individual blocks, which are subsequently added to the chain. If someone holds more than 51% of the hashrate, they can reject or even reverse transactions, spend the same coins twice, demand higher fees, and even deny the Bitcoin network service. Later that year, the mining pool convened a round table of miners and developers to try to come up with a long-term solution to the 51 percent problem. This resulted in support for the Segregated Witness feature (more on that later). July 30/2014 Over the summer, a slew of eager businesses joined the Bitcoin bandwagon, including Microsoft (MSFT), Dell (DELL), Braintree (a Paypal (PYPL) subsidiary), and online shopping behemoth Overstock (OSTK). However, the long-term price decline continues, and by the end of the year, Bitcoin will be back below $300. In fact, it's possible that the major corporations were the ones that pushed the price down. Accepting Bitcoin as payment, they'd instantly sell their holdings on the market in order to convert them back into regular cash, increasing supply and depreciating Bitcoin. Wait i thought institutions investing in bitcoin will take us to the moon. That's what crypto twitter tells us. Unexpectedly, a trader sells the largest Bitcoin transaction ever. He attempts to sell 30,000 coins on the Bitstamp platform for $300, significantly below the current selling price in the mid-300s. the market is so perplexed by the 'Bearwhale'? Why sell it so cheap? - the price sways a little. But just for a brief moment.Some believe the $9 million cut-price deal's magnitude was an intentional move to increase the market's prominence and attract new buyers, which would have helped absorb the volume.In the Bitcoin realm, the "slaying of the Bearwhale" has become legendary, generating a plethora of mythology, poetry, and art to commemorate his antics. January 04/2015: Hackers use a targeted phishing assault on Bitstamp employee Luka Kodric to obtain access to the exchange's systems and steal nearly 20,000 Bitcoins worth over $5 million. The price dips from $264 on January 4 to $171 the following week. It wasn't the end of the world, and it certainly wasn't another Mt. Gox. The thieves only took a small part of Bitstamp's total coins, and the theft had no impact on client accounts or the "cold storage" section where the majority of the company's assets were housed. February 04/2015 Over 100,000 merchants now accept Bitcoin, including Microsoft (MSFT), Dell (DELL), Wikipedia, Twitch, Greenpeace, Expedia (EXPE), and PayPal (PYPL). People may feel confident that Bitcoin has genuine value as money, not only as a digital investment, thanks to widespread merchant adoption.Bitcoin venture capital activity increased by 342 percent last year, from $96 million in 2013 to $335 million in 2014, according to data from Bitcoin payment processor BitPay. Xapo received $40 million, Blockchain received $30 million, and BitPay received $30.5 million. A few things worth noting: China and bitcoin have a toxic relationship Bitcoin dipped from above $1000 to $171👀. The legend of bearwhale. Ghash has ever had 51% control over the entire bitcoin network Written by neotrader
Education
by trader734567
BITCOIN EXCHANGE RESERVE 📉📉📉📉 WHY I AM BULLISH ON BITCOIN FROM A FUNDAMENTAL-MACRO PERSPECTIVE ? ✅ Exchange reserve is a collective measure of potential coins that are ready to be sold in the market. Exchange Reserve is the accumulated result of Exchange In/Outflow & Netflow which naturally follows the indications that in/outflow has. Similar to Exchange NetFlow's interpretation, an increasing trend in netflow indicates the selling pressure and the decreasing trend indicates the buying pressure. However, instead of Exchange In/Outflow & Netflow indicating the specific moment or period, Exchange Reserve is easy to track the result of the entire period's movements ✅ It indicates the degree of accumulated selling pressure in the exchange High : High selling pressure A large number of coins are staying in the exchange to be traded indicating high selling pressure Low : Low selling pressure A Small number of coins are staying in the exchange to be traded indicating low selling pressure ✅ It shows the changing status in scarcity Increasing trend: Decreasing scarcity -Bearish More coins are available in the exchange indicating decreasing scarcity of coins that are being traded which supports bearish movement Decreasing trend: Increasing scarcity - Bullish Fewer coins are available in the exchange indicating increasing scarcity of coins that are being traded which supports bullish movement
BINANCE:BTCUSDEducation
by AnonimFXRO
BOS - BREAK OF STRUCTURE 📉📉📉🎯 WHAT IS BOS ? BOS - break of strucuture. I will use market strucutre bullish or bearish to understand if the institutions are buying or selling a financial asset. To spot a bullish/bearish market strucutre we should see a higher highs and higher lows and viceversa, to spot the continuation of the bullish market strucuture we should see bullish price action above the last old high in the strucutre this is the BOS. 🎯 BOS for me is a confirmation that price will go higher after the retracement and we are still in a bullish move Kindly see attached photos Do you use BOS as a trading concept ?
Education
by AnonimFXRO
2
Combining wyckoff's theory with ONCHAIN data"This is a hypothesis that needs more testing to be more precise." Wyckoff's theory t is one of the most influential theories of market expression, and the most important components of which are lateral movement areas and trends. This theory turns the graph into something like Dots and lines (stations and paths). But it is not as easy to use as written in books. After getting acquainted with Wyckoff's theory, I read several books on the subject, hoping that they could help me identify this area of ​​lateral movement, the area of accumulation, or distribution. But there was a fundamental drawback. It is challenging to diagnose this issue. In fact, the rules discussed in these books are highly interpretive and subjective, and two different individual traders may come to exactly opposite conclusions based on their interpretation. But as I became more familiar with the onchain analysis, an idea came to my mind that might be useful for more objectively recognizing charts based on Wyckoff's theory. Composite Man: Wyckoff proposed a theory to help understand price movements in stocks. this is the “Composite Man” theory. (The same concept of whales or strong hands.) he said: “…all the fluctuations in the market and in all the various stocks should be studied as if they were the result of one man’s operations. Let us call him the Composite Man, who, in theory, sits behind the scenes and manipulates the stocks to your disadvantage if you do not understand the game as he plays it; and to your great profit if you do understand it.” (The Richard D. Wyckoff Course in Stock Market Science and Technique, section 9, p. 1-2) In fact, composite Man is a hypothetical man who has so much money and stocks that when he wants he can gradually increase the price by buying stocks and creating demand, and when the price goes high enough he selles his stock and lower the price. The composite man is the main player in the market. Wyckoff says that if you want to make a good profit from the market, figure out what a composite man game is. In fact, having a way of showing us where the Composite Man is in the market, can help us understand future trends Who are the strong hands in the cryptocurrency market? (I use the strong hand word here instead of the composite man) There are those who buy or sell more per capita than other market participants (retailers). To understand this in the bitcoin market, I have used 3 charts and concepts: 1- Sending Addresses: The number of coins addresses making inflow transactions to the exchange. Indicates the number of sellers' wallets (number of sellers) 2- buyers Addresses: The number of coins addresses making outflow transactions from the exchange. Indicates the number of buyers' wallets (number of buyers) 3- Pay attention to this issue: the volume of transactions shows both the volume of sales and the buy (Volume of buy and sale is equal in the market) Considering the above 3 issues, it can be concluded: - If the number of Receiving Addresses is higher than the Sending Addresses (the number of people who bought compared to the number of those who sold), it indicates that more people bought and fewer people sold (given that the volume of sales and buys are the same) So the sellers were stronger hands. In such a situation, the composite man is on the sales side. - If the number of Sending Addresses is higher than the Receiving Addresses (number of people who have sold more than the number of people who have bought), it indicates that more people have been sellers and fewer people have been buyers (given that the volume of sales and buys are the same) so the buyers were stronger hands. In such a situation, the Composite man is on the buying side. To do this, the oscillator at the bottom of the chart divides the Number of Receiving Addresses by the Number of Sending Addresses. Numbers above 1.2 indicate that the Composite man is on the side of the sellers and should expect a price reduction in the future. Values below 1 (or 1.2) indicate that the Composite man is on the buyers side. And we should expect price increases in the future.
BITSTAMP:BTCUSDEducation
by cryptoonchain
Steps to invest successfully #2Hello everyone, During this video we are going to analyse the following subjects: - Look at the bigger picture. - Draw trend lines using the most significant lows/highs. - Look for support and resistance. - Look for candles. - Understand where the stock/coin sits now. - Reasonably predict where the stock/coin will be in the future. - Make sure you are using EMA lines. - When and why placing your stop loss is important. - Pivot point. Remember, you will never be right every time. However, the key factor is to limit your risk by buying close to support. Seb.
Education
by michael772
How to Approach the Market by LevelsIn this educational post, I'll be demonstrating how you can approach the market with simple technical analysis techniques, and logic based on simple probabilities. This is not financial advice. This is for educational purposes only. Identifying Support and Resistance - The first thing you want to do, when you begin with a clean chart with nothing on it, is identify support and resistance levels. - There are a plethora of ways to do this - you can do it using technical indicators, heat maps, order books, etc - The more I chart, the more I find it convenient and accurate to identify support and resistance zones based on past price action. - Thus, for this example, in lieu of using complicated indicators or moving averages, I've decided to simply identify key levels of support and resistance. - Let's begin with the lowest point of support at $40.7k - This is a level that has been tested countless times, both as support and resistance, during this entire trading range of $30-60k since last year. - As we are currently trading above this level, this key region plays the role of support. - If bears manage to push us down below this level, it would provide confirmation that further downside is highly probable. - Next, we have the red line marking resistance at $45k levels. - We have tested this region twice already this year, and failed to break and close above it. - Thus, this level represents local resistance that we need to break and close above, in order to continue on with the bullish reversal. - We're then faced with the resistance at $47.2k, which is Bitcoin's opening price for the 2022 yearly candle. - The opening and closing prices of candles on the weekly, monthly, and yearly candles can play an important role as support or resistance. - Taking this into account, if we were to break above $45k and close above those regions, it would be very likely for us to continue upwards and test $47.2k - Then we have $53.7k, a key level of support-turned-resistance. - We can see how important this level is, as the price dumped down to $42k immediately last year, when support at $53k broke. - Thus, this is a key level of resistance that must be taken out before we can rally towards the $60k ranges. Logical Approach Using Probabilities - It's important to understand that predicting the market's future price action is impossible - And timing the market, while possible, is extremely difficult. - Thus, the best approach retail investors can take in understanding the market is one based on probabilities. - "If X, then Y" is all you need to know. - So for instance, applying this logic on the chart above, we would see something like this: - "If Bitcoin breaks down below $40.7k, then we could expect further downside to new lower lows." - "If Bitcoin breaks and closes above $45k, then we could expect it to test the yearly open resistance at $47.2k." Conclusion This market is difficult for old and new investors and traders alike. There are a lot of external factors combined - rate hikes, regional conflict, etc - that the market hasn't experienced yet. Bitcoin's price action is not extremely predictable at these levels, hence the best measured approach to take in understanding the market is to take it by levels. Identify key regions and levels of support and resistance, and look for confirmation and invalidation. In my personal opinion, I think that the bottom is either in, or that we're very close to the bottom. But until there's clear confirmation that we're out of the woods, I remain cautiously bullish.
BITSTAMP:BTCUSDEducation
by Michael_Wang_Official
8
How to find Volume Profile manually In this quick tutorial, I show you how to find the volume profile range manually. So what is a Volume Profile? The Volume Profile study represents trading activity over a time period at specified price levels. Considering the input-defined aggregation period, the Volume Profile plots a histogram showing price distribution, revealing the dominant price values in terms of volume . The width of the histogram's row represents the number of actual transactions made within the price interval defined by the row's height. The longest row of the Volume Profile defines the price level at which the highest number of real transactions were made during the specified time period Like and follow for more Quick Tips.
BITSTAMP:BTCUSDEducation
by MoonBets
5
USDT.D Daily Analysis🟢USDT's dominance bounced from the uptrend line support to form a twin floor pattern and is now above the neckline of this pattern, which also acts as a support. If the retest is successful, it is expected to move upwards, which will be a sign of decline for the market because the USDT and BTC dominance are inversely related to each other. Use the appropriate loss limit for your trades, which has a very high possibility of emotional movement in the market. ⚠ This Analysis will be updated. Amir Hossein 📅 02.19.2022 ⚠️ (DYOR)
CRYPTOCAP:USDT.DEducation
by Trader_Needs
3
BTC FAIR MARKET VALUE IN RELATION TO VOLATILITY VS. GOLD. Came across this article which confirmed what I long suspected. The more institutionalized BTC becomes the more it's volatility decreases and value increases but there is a cut off. Fair market value will always be in the forefront as far as an investment grade asset. BTC overtaking gold is highly unlikely in our lifetime. At present, there is in global circulation roughly $11 TRILLION in gold. Compare that to BTC where all the bitcoins in the world were worth roughly $1.03 trillion. Bitcoin is worth only about 9% of the world's gold supply. The combined value of bitcoin was equivalent to just 2.9% of the world's money. JPMorgan says its long-term bitcoin price target of $150,000 is unlikely as surging volatility challenges institutional adoption. Bitcoin's "fair value" is 12% below its current price, based on its volatility in relation to gold, according to JPMorgan. The bank's analysis was made on the assumption that bitcoin is four times as volatile as gold, strategists led by Nikolaos Panigirtzoglou said in a note Tuesday. In that scenario, bitcoin's value would be one quarter of $150,000, or $38,000, they said. But if bitcoin were only three times as volatile as gold, then its fair value would be around $50,000, they added. Bitcoin last traded 1.8% higher on the day around $43,564, close to its highest for a month, but is still down 8% so far this year, according to data from CoinMarketCap. JPMorgan's long-term price target for bitcoin is $150,000, up from last year's $146,000 target, assuming that its volatility level meets that of gold, or bitcoin allocations get the same weighting as gold in investor portfolios. But the bank thinks this target is unlikely to be reached any time soon, given that such a neat intersection between gold and bitcoin may not happen in the foreseeable future. Bitcoin has had a rough start to the year, with the overall cryptocurrency market slumping, as appetite for risk assets waned against a backdrop of persistently high inflation and the Federal Reserve's increasingly hawkish stance. The leading cryptocurrency fell below $36,000, and ether tumbled below $2,500 — both off from record highs of around $63,000 and $4,800, respectively. One of the major drivers for crypto in the last two years has been the huge amounts of cheap cash that has emanated from fiscal and monetary stimulus programs during the pandemic, and much of that is now coming to an end. JPMorgan said January's crypto market correction, in which bitcoin lost 17% in value, looks less like capitulation, or an extended period of decline, in comparison to last May when bitcoin fell 35%. Still, strategists said the biggest challenge for bitcoin is its volatility, as it's often unappealing to institutional investors. JPMorgan said cryptocurrencies are seeing hot growth relative to other alternative asset classes, but this doesn't have to stem from continually rising prices. "This growth does not necessarily need to come from continuous price appreciation of existing cryptocurrencies such as bitcoin and ethereum, already popular among institutional investors, but in our mind it is more likely to come from the expansion of the universe of digital assets," the strategists said.
BITMEX:BVOLEducation
by John_Q_Public
WHAT are Bitcoin cycles and WHY is it so important ✅❓What are bitcoin cycles and why is it so important❓ 🚀This graph shows the entire history of bitcoin, approximately 13 years. If you open the logarithmic display of the chart, you can see some patterns in price behavior. Namely, that bitcoin moves in cycles. Which in turn are divided into an uptrend and a downtrend. 🎢Three complete cycles can be clearly seen on the chart. One cycle lasts four years on average. Of which 2.5 years of growth, and 1.5 years of decline. At the same time we would like to note that the cycles expand over time. But with the arrival of big money, institutional investors and various global companies, this pattern will be less and less noticeable (like the example of the S&P 500). Why is bitcoin cyclical❓ The answer is actually very simple. It is only noticeable because bitcoin is in its early stage of development and acceptance. There are cycles in everything, it is a natural phenomenon. 🔋As examples: - World cycles, every 10 to 12 years there is a crisis followed by a renewal and continued growth; - Natural cycles, many examples of how the environment develops and renews; - Our well-being, sometimes you have noticed that your mood and energy is at its highest when you are very productive and feel good, and vice versa, when it is at its lowest and you are less productive. Markets are human creations, so they are also subject to natural behavior. How can cycles help trading❓ ✅Statistically, according to brokers and exchanges, 85-90% of traders are losing, 5-10% of traders are breaking even and only 5-7% of traders are earning. One of the most important tasks for any trader is to identify the right trend. Usually, when traders try to trade against the trend, they lose their trading accounts. That is why it is important to understand how to identify the trend and how to earn with the movement of the trend. This is where understanding bitcoin cycles helps. Some of our trading systems are based on these principles. 💚 Please like and subscribe to us to get more ideas like this.
BNC:BLXEducation
by AlexWhale
12