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Btc-e

Gartley Pattern Cheat SheetHello, guys! Here is a cheat sheet for the very reliable pattern - Gartley. If you are able to find it on a chart the successful trade can be executed. The most important thing for gartley is the proportions which should be approximately like on the chart. There are four most popular Gartley's types: -Crab -Butterfly -Bat -Classical Please, write in comments how are your trades with this pattern, it's very interesting to know! DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
UEducation
by Skyrexio
9
Simple Swing Trading Strategy - Easy Money!This strategy would have yielded over 2,322% since November 2015 with only 7 trades! This is a very simple swing trading strategy great for somebody who is just starting out in the market. It lets you get in and start trading without complicating things. Trading with the trend is where the easy money is. Get into a position and then sit and ride the wave. Rules: -Daily Chart -Use multiple EMAs - 20, 40, 55, 81, 200 -Go long when EMAs crossover and are in the order (from top down) 20, 40, 55, 81, 200 -Go short when EMAs crossover and are in the order (from top down) 200, 81, 55, 40, 20 That's it, couldn't be simpler. Feel free to play around with EMAs and timeframes but this strategy works as is! Happy trading.
BITSTAMP:BTCUSDEducation
by ForgeTrades
4
The (COT) - COMMITMENT OF TRADERS Mystery RevealedThis is NOT an in-depth explanation or a way to trade, this is just highlighting some basics from a question I get a lot, you might see some traders talking about COT data. You may even see it in some posts. There's no magic to it, all you need to know is what exactly it is. Of course, if you can use it within your edge to understand some bias by the bigger operators. What is COT Data? The Commodity Futures Trading Commission (Commission or CFTC) publishes the Commitments of Traders (COT) reports to help the public understand market dynamics. Specifically, the COT reports provide a breakdown of each Tuesday’s open interest for futures and options on futures markets in which 20 or more traders hold positions equal to or above the reporting levels established by the CFTC. The COT reports are based on position data supplied by reporting firms (FCMs, clearing members, foreign brokers and exchanges). While the position data is supplied by reporting firms, the actual trader category or classification is based on the predominant business purpose self-reported by traders on the CFTC Form 401 and is subject to review by CFTC staff for reasonableness.2 CFTC staff does not know specific reasons for traders’ positions and hence this information does not factor in determining trader classifications. In practice, this means, for example, that the position data for a trader classified in the “producer/merchant/processor/user” category for a particular commodity will include all of its positions in that commodity, regardless of whether the position is for hedging or speculation. Note that traders are able to report business purpose by commodity and, therefore, can have different classifications in the COT reports for different commodities. For one of the reports, Traders in Financial Futures, traders are classified in the same category for all commodities. You can read more info and get the actual data from the CFTC site itself. www.cftc.gov Methodology The weekly report details trader positions in most of the futures contract markets in the United States. Data for the report is required by the CFTC from traders in markets that have 20 or more traders holding positions large enough to meet the reporting level established by the CFTC for each of those markets.1 These data are gathered from schedules electronically submitted each week to the CFTC by market participants listing their position in any market for which they meet the reporting criteria. The report provides a breakdown of aggregate positions held by three different types of traders: “commercial traders,” “non-commercial traders” and “nonreportable.” “Commercial traders” are sometimes called “hedgers”, “non-commercial traders” are sometimes known as “large speculators,” and the “nonreportable” group is sometimes called “small speculators.” As one would expect, the largest positions are held by commercial traders that actually provide a commodity or instrument to the market or have bought a contract to take delivery of it. Thus, as a general rule, more than half the open interest in most of these markets is held by commercial traders. There is also participation in these markets by speculators that are not able to deliver on the contract or that have no need for the underlying commodity or instrument. They are buying or selling only to speculate that they will exit their position at a profit, and plan to close their long or short position before the contract becomes due. In most of these markets the majority of the open interest in these "speculator" positions are held by traders whose positions are large enough to meet reporting requirements. *** Reference from Wikipedia*** When combining with other analysis - you can use it to obtain bias or simple confluence with your existing ideas. For example, here's the chart plotted on a weekly timeframe using Elliott wave theory - Plotted usign another piece of software called "Advanced Get" If you combine this with the data from the CFTC website - you will see that the professional operators have been reducing long positions and gaining albeit staggered short positions on the move down. This showing the overall trend move - If you drill down further and look at the difference in short positions between the 19th of Jan and the following week (26th) on a daily chart you will see a rally. (go check it for yourself) A useful tool As I said at the start of the post, it's not the master strategy. It's simply another tool - I just wanted to share some info with the community on what it is and how it can be used. If used correctly - it can prove useful. Have a great week, feel free to pop questions below. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Education
by Mayfair_Ventures
9
Important for any new futures traders!Going to keep this simple here. The price of bitcoin has sky rocketed these past few months. During the spring & summer time a few hundred dollar move in price would be crucial! Now the price of BTC is lingering around 50,000. Those small movements that where only a few hundred dollars are now thousands. 👉 My point here is that anyone using anything above 5x Leverage is critically risking there portfolio. 💀These shake outs & wicks are future traders death call. 📈 Lets took a look just recently when BTC had closed above its critical resistance level at around 49,400. Many individuals had purchased or over leveraged thinking price will move up after confirmation. (Bull trap) On average the price shifted down about 3%. Anyone more then 20x leverage would have for sure gotten a margin call or suffered liquidation. 👇👇👇 My point is price is too high for individuals to think that over leveraging will yield them higher returns. Trade futures with risk management and the correct way. The reasons exchanges offer up to 100x leverage is so they can make money.
BITSTAMP:BTCUSDEducation
by BigLava
8
CRYPTO TRADING TIPSI made this post so that myself, along with other traders trying to step into the Crypto world can have a better idea and some insight to what lies ahead. If you can drop some your thoughts on tokens, the Alt coins and also a few sites like Defi, Coin Gecko and 1inch, it would be appreciated. Trading the lesser known coins obviously are obviously high risk, but they also present opportunity for high reward. More importantly, outside of the crazy news events that spike crypto sometimes, how does technical analysis stand over time vs fundamentals. Herd mentality, the big discords...I want to know it all.. I'm open to any other things worth knowing! Thank you!
KRAKEN:ADAUSDEducation
by N0ST0PL0SS
6
Chart Patterns Cheat SheetHello, traders! Here is a cheat sheet which help you to identify the most frequent and reliable chart paterns. I should tell you that the patterns from the group "indefinite" are classified as bullish or bearish in classical literature, but in practice we should be careful using it in trading decisions. BULLISH PATTERNS Inverted Head & Shoulders , Double and Triple bottom are the most simple, frequent and reliable bullish pattern. Let's talk about bullish flag . It usually occur on the uptrend. The volume is high at the beginning of the flag and decrease to the end until the massive breakout to the upside with high volume. The cup & handle is rare pattern and usually play out at the bigger timeframes. INDEFINITE PATTERNS The different types of triangles and wedges are very popular patterns and can be seen at the different timeframes. In classical books about TA rising wedge and descending triangle are bearish patterns, falling wedge and ascending triangle are bullish. But in practice it is very important to observe the side of it's breakout, as a result they can be bullish or bearish like the symmetric triangle . We should wait for the proper breakout confirmation to make a correct trading decision. BEARISH PATTERNS This patterns are the opposite to the bullish pattern, but work at the same way. If you want to learn more about some pattern please give us to know it in comments. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
Education
by Skyrexio
16
The Secret of Successful FEAR INDICATORSThe truth is - Indicators are only what you make them. 9 out of 10 indicators lag. The rest are used by so many people that it creates a type of unconscious bias. And above all else can clog up your chart as above! That's not to say indicators are pointless - far from it, it's more about creating a bias and using indicators or chart patterns as a confirmation instead of guidence in and out of trades. Especially in the COVID era, the markets are not behaving in any form of regular form. In the last 12 months, we have had the virus to deal with, we have had one of the craziest transitions of Presidents, In the UK - Well, Brexit. It doesn't get much crazier than this. Unconscious biases , also known as implicit biases, are the underlying attitudes and stereotypes that people unconsciously attribute to another person or group of people that affect how they understand and engage with a person or group. in trading terms, this is how indicators and groups of people that use specific indicators. Unfortunately, there is no silver bullet when it comes to strategies and indicators. You will find tools that work in some market conditions, and not so well in other circumstances. A lot of information you can get from an indicator is actually in the chart. *as a pure example you can spot things like Imbalances from candles prior to current price action. as per the example. As an institutional investor, it's easy to understand the fear and the bias of retail traders. You only need to look at sentiment from companies like Oanda and IG index - you often find as trends rally 60% of retail positions are Bearish. The reason for this is 75% of retail trading is based on indicators and strategies like breakouts, trend line touches, and moving average crossovers. Measured using Fibonacci levels. Which then makes it easy for the experienced operators to see order blocks and go hunting for stop losses. If you look at simple indicators like RSI - A lot of what it shows can be visualised in the chart itself. Now I don't want to be fully negative to indicators - it's just understanding their value and not fearing the herd. It's not only indicators - patterns can either be complex and you need a mathimatical degree to pin them down to perfection (joke) and they can sometimes be somewhat subjective. Starting points, anchors, measurements etc. Fibonacci - an amazing tool with countless indicators using it in some way shape or form. But a lot of what makes it so accurate is the psychology underpinning the market moves. When you add fibs to charts, or measure using other tools and patterns or indicators - they create the levels based on entries and exits of many people at the same levels. I posted an idea recently on the market mindset (click image for full link)- The idea is that emotions can control the ups and downs of moves based on perfect entries, terrible entries, ideal exits are simple trades you wished you never took, ones that now look obvious looking back. So in short - tools cab be useful. But you should not need to be dependant on them. Especially with market conditions the way they are currently. To summarise - Once you have your bias you shouldn't rely on indicators nor the group chat to execute your trade plan. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
COINBASE:BTCUSDEducation
by Mayfair_Ventures
6
Stoploss EducationOne of strong topics i want to write about it for long time ago TYPES OF STOPLOSS 🛑 : MANUAL AND AUTOMATIC FIRST / Manual Stoploss : Trader wait for the candels to close below support for exit not just hit it ! Example for manual stoploss : Most common using 15min - 1H - 4H - 1D - 1W candels closing below support area ..it can also used in alot of timeframes Advantages Of Manual Stoploss : – The best for investors and long term traders – Best in spot and small leverage trading – Coins didnt moved yet and still in accumulation phase –Avoid manipulation by market makers ...alot of times market makers will try to hit stoploss by wick or flash drop then price get recover fast after,, This move is very common in certain areas and push the weak hands outside of market by loss SECOND / Automatic Stoploss : Trader set Automatic stoploss in exchanges Advantages Of Automatic Stoploss : – Good for short term traders (fast food) – Best in high leverage trading – Coin pumped high in short time you follow your position by keep moving your stoploss continously –good in high volatile coins (example in these days : doge - xrp 😁) For myself most of times i use the first one manual stoploss What about you ...what do you prefer ?
BITSTAMP:BTCUSDEducation
by Babenski
40
How to Become Trading Hamster!Let's consider the typical hamster's behaviour with the example on a chart. Usually hamsters want to obtain a big profit quickly. They heard about huge opportunities which crypto markets can give and looking for the big pumps. (1) When the price starts to grow rapidly hamsters usually wait for the confirmation that the pump is real. On this phase hamsters are not believe that the price growth will continue. (2) The price pump continue and the hamsters execute long position because they afraid to miss the opportunity. (3) When the price start to go down hamsters panic and exit their long positions. This is the first point when their lose money. (4) If the price growth continue hamsters think that they made a mistake of early exit and re-enter long position. (5) But the next candle shows the price drop again, hamsters are nervous but decided to wait the growth. (6) After the dump the price moves up again and hamsters are happy that they did not close the position. (7)The price drop again more dramatically. Hamsters close position because of the fear to lose more money. To sum up, hamsters are driven by emotions, greed and fear. I have already told that to follow the trading strategy is the main way to suppress negative emotions. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
Education
by Skyrexio
4
Bitcoin Psycology Cheat Sheet "Popped The Bubble"Traders should print this cheat sheet out and keep it by their desks! You can save this cheat sheet using Like and Bookmark features! Reason why I wrote this post, is tremendous amounts of Bullish signals in @TradingView community, just take a look at front page and first pages of Ideas tab. IMHO this is signal of "Back to Normal" phase and we are appoaching big crash event during 2021/22. Stay safe and be humble! Best regards Artem Shevelev
Education
by ArShevelev
75
How much volatility is too much ..?No one likes dead markets, they are boring and no one can make money..! On the other hand, Volatility is the double edged sword in the market, the best time to make money and lose it at the same time..! January 2021 with 19 trading days was one of the most volatile markets I’ve ever seen. Craziest things happened in GameStop, is only comparable with Bitcoin performance on 25 November 2011 when Bitcoin opened at 2.50 soared to 15 and closed at 2.75 finally which was 1000% roller coaster..! My point is, this is not the first time and wouldn’t be the last time something like this happen. Read the history of Tulips bubble 400 years ago, when there was no social media and online trading. There are lots of gamblers and people who trade stocks and many other asset class like lottery tickets, and everyone knows it won’t have many winners..! To wrapping it up, It is a good time to learn an important lesson for all traders, to learn more about the nature of this kind of moves and use it in our advantage! Like professional surfers who are chasing Mavericks to enjoy an exceptional experience..! Yet, every surfer should be aware this could cost them their lives!!!
NYSE:GMEEducation
by Moshkelgosha
13
Elliot Waves Complete Guide | Chapter 3.3 - "Running, Contract"Hello Traders. Welcome to Chapter 3.3, where we talk further about a different form of corrective waves, the Flat and Expanded correction. In chapter 3.3 I discuss the last of the types of flat corrections! Here, we will also dissect the contracting triangle, also known as the symmetrical triangle by many traders. Chapter 3 Glossary: 3.1 Zig-Zag Waves 3.2 Flat Correction , Expanded Flat 3.3 Running Flat, Contracting Triangle 3.4 Barrier Triangle, Expanded Triangle 3.5 Double-Three 3.6 Triple-Three ----- Running Flat The is the last type flat correction: the running flat variation. It is the least common one, but has the same 3-3-5 structure. This one is hard to spot because a rising wedge is usually considered bearish for many and the last wave is where you will find the confirmation. For these, you want to trade the breakout. Rules: • Wave B ends above the beginning of wave A • Wave C ends higher than the end of wave A • Usually wave C is the same length as wave A. → This kind of correction happen in really strong and fast markets, especially Bitcoin. The fast and high push of wave B and the short wave C are signs of a strong primary trend. A parallel channel regularly marks the low of wave C, marked by the yellow lines! Contracting Triangle Triangles represent a balance and even pressure of buyers and sellers within the market. They contain five overlapping waves with a 3-3-3-3-3 structure. The contracting triangle represents the most frequently appearing. Rules: • Triangles have 5 Waves: A-B-C-D-E • All of the waves are corrective • Upper line is declining, lower line is rising • Wave E frequently overshoots the trendline and can also be a triangle • Triangles only occur as a Wave 4/B/X/Y • Never as a Wave 2/A ❗Triangles represent a continuation pattern for the dominant trend. Remember, continuation patterns are the main trend!
BITSTAMP:BTCUSDEducation
by XForceGlobal
31
Don’t try to catch the falling knifeToday’s sell-off across most crypto assets has caused some concerns about the continuation of the altseason. We’ve decided to check what Hybrid Intelligence thinks by posting the usual question about BTC dominance: “Bitcoin crypto market share settled at 63.85% at 12:00 PM UTC on Wednesday, January 27. Will Bitcoin's market share climb above 65.13% (+2%) earlier than drop below 62.57% (-2%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)” ------------------------------------- Assurance: 42% This is a rather uncertain indicator. After falling for 3 weeks, BTC dominance found support around 62.5%. The Hybrid Intelligence view is slightly more pro-Bitcoin than last week (it was 31%, i.e. in favour of altcoins), but it’s not a decisive signal. To check how the overall market will perform, we’ve asked the following question: “The cryptocurrency Market Capitalization settled at 895.15B USD at 12:00 PM UTC on Wednesday, January 27. Will the Market cap climb above 962.3B USD (+7.5%) earlier than drop below 828B USD (-7.5%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)” ------------------------------------- Assurance: 24% This is a bearish signal from Hybrid Intelligence. Yet by the time the indicator was ready, the market cap already declined significantly — and then rebounded. It’s best not to try catching the falling knives. Even after a sharp drop, prices might go down further so it’s probably safer to wait for confirmations that the local bottom was reached.
CRYPTOCAP:BTC.DEducation
by Cindicator
2
How to correctly write comments in Tradingview?If you publish ideas or often look for an interesting forecast in Tradingview - you should have noticed such a phenomenon as "comments" . Especially often you may notice laudatory comments when traders are happy with the forecast work out. Of course, laudatory comments, thanks and kind words are great. However, did you know that there are different styles of responding to such comments? We decided to dig deeper into this folklore from trading and offer you options for answers to laudatory comments. So. In order to find a solution, we must first divide the big problem into smaller ones. Therefore, we classify the types of laudatory comments into categories: 1. Lazy praise of the first level: + like Nice Cool Great Wow 2. Lazy praise of the second level: ++ good idea nice analysis Well done Great setup 3. Selfish praise: Nice chart! Please update Very good! Do you think that price is going to target today? Amazing setup! Please do idea according to the following list Nice chart - please look at my idea 4. Emotional praise It's just incredible! I was sitting near the laptop in despair and seeing your idea I realized it was time to act! It was scary, but I took matters into my own hands. And luck was smiling on me! I took a big profit, thank you! Let the sun shine on you more, and the birds always sing you songs and write the word "champion" in the sky with their bodies. Thank you for changing my life! 5. Guerrilla praise. Unfortunately, this kind of praise is the least researched by us. However, it is most used among users. Its essence is to never show your positive feelings towards the author and always keep everything inside. 6. Constructive praise. It usually happens after ideas which perfectly worked out, clear, concise and fair. If we're clear with the types of praise - it's time to work out options for responses to praise : Lazy first level answer: ;) thk + yes ok Lazy second level answer: Thanks you’re welcome let’s see Lazy answer with friendly notes: Thanks mate thank you buddy thanks for comment my dear friend Answer with question: Do you think the price will really reach the target? What about the level 220? Do you think the bulls will have enough strength to keep the price? This answer is usually aimed at continuing the dialogue with the interlocutor. Though, if the interlocutor wrote a lazy praise of the first level (see above) most likely the dialogue will not be constructive) Aggressive response (very often practiced by scalpers) I hate you buddy, but thanks Are you high? The idea is not good, the idea is PERFECT! I will find you and kiss you to death for such a pleasant comment Often such ideas provoke interesting discussions in the comments, which should be read only with popcorn. Philosophical answer: Strive not for success, but for the values it gives. The hardest thing is to start acting, everything else depends only on persistence. 80% of success is appearing in the right place at the right time. Victory is not everything, everything is a constant desire to win Don't you know the main law of physics? Everything cool costs at least eight bucks. (south park) The first part of our scientific work on commentary is coming to an end. It was interesting and exciting for us. We hope the information will be useful guide for you. We suggest you save this idea as a lifehack and add options that we missed or sections that we did not find. P.S. we are waiting for your laudatory comments)
BITSTAMP:BTCUSDEducation
by P_S_trade
36
Elliot Waves Complete Guide | Chapter 3.2 - "Flat-Expanded Flat"Hello Traders. Welcome to Chapter 3.2, where we talk about another form of corrective waves, the Flat and Expanded correction. In chapter 3.2, we will be discussing Zig-Zag waves. This is where most people will get "chopped" up in the market, as these corrections can often cause a lot of small panics within these corrective waves. These corrections more often than not, destroy traders. If you learn even the basics of corrective Elliot Waves, you can use them to your advantage to identify if we are in a fakeout and identify whether you are in a corrective pattern or not. Chapter 3 Glossary: 3.1 Zig-Zag Waves 3.2 Flat Correction , Expanded Flat 3.3 Running Flat, Contracting Flat 3.4 Barrier Triangle, Expanded Triangle 3.5 Double-Three 3.6 Triple-Three ----- Flat Correction The Flat correction is probably the second most common corrective pattern and always has a 3-3-5 structure. This can be a very confusing pattern for many as it's also known to cause a lot of losses for intraday traders - it's AKA a "choppy" market period. As wave A is not five-waved and powerful enough, the retracement of wave B is considered strong. There are rules to this! 📌Rules: • It's a sideways movement - Wave A and Wave B are corrective. • Wave C is impulsive, but does not go much below Wave A. • Most of the time, Waves B/C go some degree above or below of Wave A (just to trick people into believing a breakout occurs, hence, choppy!). • Although it is called the Regular Flat Correction, it is not the most common one and the second most common consolidated corrective pattern. ❗The ABSOLUTE most important thing is to just observe in corrective waves unless you are a true day trader. Otherwise, watch for overall market structure to avoid overtrading in corrections since these are the most trickiest. Once you achieve an overall picture of the structure (about 70% through), you can start considering on entering a position to increase your probabilities and risk of not over trading. Expanded Flat The Expanded Flat is the second most common one under the flat corrections. Confused already? Go back and re-read everything. • Expanded flat is a corrective wave pattern with an extended wave B, which reaches higher than the start of wave A. • Wave B makes a fake breakout above the last high. • Wave C is also extended and goes deeper than wave A. • Structure of the correction is 3-3-5. 📌Rules: • Wave B ends higher than the beginning of wave A • Wave C is considered an impulse or ending diagonal and ends lower than the low of wave A. ❗ Wave B/C over and over again catch traders on the wrong side, as fake breakouts take place just before the market turns. This in turn creates a lot of traders to get destroyed in the market! Trade Safe! Below are the chapters from 1-3.1!
BITSTAMP:BTCUSDEducation
by XForceGlobal
29
Psychology For AllLet's face it COVID has been challenging for many people and someone reading this might need a pick me up! This is a different post related to the noise coming from the media. I am here to share three stories related to trading and investing... stories of success trusting your gut not the noise. My Bitcoin Story... In 2017 I tried the online game second life, not by choice but was doing research regarding the construction of these virtual communities. A player showed me how she was building homes for people and being paid in Bitcoin. I was blown away and was always searching for a side hustle. I began to build and collect BTC as a hobby and something I began to enjoy (always was a gamer..still am lol). I was fascinated by the DW at this same time. I did not invest in stocks and did not even have a trading account at this time... only GIC... I only bought and received bitcoin. I never ever thought Bitcoin would appreciate the way it did. Since then I sold my BTC at 18,000. I have bought back twice since then once in 2019 when it went oversold, and again during the COVID sell-off. FYI I am out for now but still own my second life coins I cherish as a memory now. A year or so ago, the motley fool paid service issued a "sell" alert on TSLA when the share price was around $175. Anyone familiar with the Motley SA services knows it is pretty rare they issue a sell alert in the paid services. I sold my shares a year and a half later for over $1,000 before the split. Citron, here is a story. I have owned many shares of Shopify since the beginning as I felt I knew this area well. At around $190 Andrew Left short Shopify “Left is so convinced that he is right about Shopify that Citron has pledged to donate $200,000 to the Robin Hood Foundation, a charitable organization if Shopify is trading over $200 in 12 months.”.... lol my shares are in a better place now well over $1,100. These guys play dirty do not listen to any free information. Still have yet to see the donation... My biggest gains have always involved some Pepto and lost sleep. It is always easy to look back and pump your ego but I look at my journals and this was far from the case at those exact times. Think outside the box, trust the process, and most importantly trust yourself over everything and everyone! People will always hate on you if you win or lose. Sadly jealousy is the most overused emotion. “Failure will never overtake me if my determination to succeed is strong enough.”
SEducation
by KML6
Understanding Market Cycles and PhasesUsing Bitcoin as a example, in this idea i am going to briefly explain the concept of Market Phases in a easy to understand way. Market Cycles & Phases Cycles are prevalent in all aspects of life; they range from the very short-term, like the life cycle of a insect, some which can live a few days, to the life cycle of a planet, which takes billions of years. All financial markets go through the same phases and are cyclical. They rise, top out, drop, and then bottom out. When one market cycle is finished, another begins. The problem is that most investors and traders either fail to recognize that markets are cyclical or forget to expect the end of the current market phase. There are 4 key phases in a Market Cycle: 1. Accumulation The heavy buying phase before the uptrend begins. 2. Mark Up/ Re accumulation Mark Up is the uptrend, Re accumulation phases are sideways pauses in the uptrend where more buying occurs before continuation of trend. 3. Distribution The heavy selling phase before the downtrend begins. 4. Mark Down / Redistribution Mark Down is the downtrend, Re distrubution phases are sideways pauses in the downtrend where more selling occurs before continuation of trend. Trend The dictionary definition of trend: *a general development or change in a situation or in the way that people are behaving. In financial markets the direction the price of a asset is moving is referred to as the trend. Markets are made up of several different kinds of trends, and it is the recognition of these trends that will largely determine the success or failure of your long and short-term investing. There are 3 key trends in Markets: 1. Bullish (upwards, buyers in control) (higher lows, higher highs (HL, HH) The Mark Up phase is an uptrend or bullish trend. 2. Bearish (downwards, sellers in control) (lower highs, lower lows (LH, LL) The Mark Down phase is an downtrend or bearish trend. 3. Consolidation /Sideways (sideways, direction & control undecided temporarily) Re accumulation & Re distrubution phases are consolidation phases or "pauses" in the market before continuation of trend or reversal. It is essential to understand Market Cycles, Phases & Trends, which are important behavioral characteristics of how price develops over time. By fully understanding these concepts and how one can identify them, a trader or investor can generate more opportunities, secure a longer term plan reducing stress levels, and potentially maximize profits. Once a asset has already moved on from the Accumulation phase the next best buying opportunity is the Reaccumulation phase (marked in yellow) where price usually starts to zigzag in a sideways movement after a strong upwards movement. The Reaccumulation phase is where the price is usually "held down" by large transactions, while buyers fill positions, eventually the price can no longer be held down and we see the continuation of the Mark Up. If you found the idea informative you can show your appreciation by leaving a like or comment thank you!
BNC:BLXEducation
by Worth_The_Ri5k
127