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Ethereum (Cryptocurrency)

ETH/USD Main trend. Accumulation/Distribution. Pivot pointsThe chart shows the main trend (most of it) of this cryptocurrency. The timeframe is 1 week. Most people "trade" and do not understand the profit values of the price from the real set zones (not hamsters). Also shown are the recruitment zones (horizontal channel) and partial reset zones (until the triangle decoupling) of previously gained positions of large market participants. The last video explained this in detail and showed it on the example of this coin. Even taking into account that this triangle (1.5 years) is a position reset. That doesn't mean that this formation must necessarily break down. But, this is something to keep in mind, especially the +3600%. Volatility narrowing, that is, the end of triangle formation is a “doubt zone”—the “market fuel” (small and medium market participants) for the impulse is clamped down. That is, the decoupling of the triangle and the direction of further trend development. The price is clamped into a triangle. A formation of this magnitude will only unravel due to future world shocks, especially financial ones. Who knows, maybe this time there will be no correlation at all, as the time of "coming out of the shadows" approaches. Always trade within your working range (for example 1 day), always understand where the price is in the main trend. Based on this understanding, limit the risks, and make a decision about reducing (partial liquidation) or, on the contrary, about adding to the position. Locally on the 1-day timeframe a wedge is formed on the decline. I've shown all the decoupling options for this trading situation in detail in this trading idea, as well as in the video. ETH/USDT Local trend. Channel. Wedge. Pivot zones. Under idea fixed my previous trading as well as training/trading ideas where I accompanied the price in updates for quite a long period. Note the exact values and more. You can use the material in them as educational, based on reality. Remember, the basis of trading is not guessing (that's what everyone wants to do), but your trading strategy and risk management based on your knowledge and experience. Those who want to guess tend to lose money. Do not be such characters in the market, that is, its fuel. I wish all smart people a big profit, and wish all stupid people to wake up from the dream of stupidity.
Education
by SpartaBTC
6
📌🔃What is Flippening (Ethereum vs. Bitcoin)❓❗⚔️ The possibility of Flippening of Ethereum vs. Bitcoin is much more than before! King and Queen battle for taking over the Dominance has been continuing !! ‏ The term Flippening was colloquially coined in 2017 and refers to the possibility of the market capitalization of Ethereum (ETH) overtaking the market capitalization of Bitcoin (BTC). Therefore, the term describes the hypothetical moment in the future when Ethereum becomes the biggest cryptocurrency by market capitalization. Although Ethereum and Bitcoin are named the king and queen of the crypto space, respectively, and they seem to be friends; But there has been a battle for the power of these two leaders of the crypto market. The dominance of the king-Bitcoin has been more than others and also of Ethereum, but for some time its dominance (BTC.D )has been closing to its ATL , and the dominance of the queen-Ethereum(ETH.D) has also been increasing and is closing to its ATH ,as the merge event approaches! but also at the meanwhile , OTHERS.D .USDT.D and .. Have been almost decreasing ! check it out here! However many Ethereum supporters were hoping for the Flippening to happen. Speculators were stating that the greater flexibility and the ability to write smart contracts would propel Ethereum over Bitcoin in those rankings, but the Flippening never really occurred yet. but now in my opinion if the merge event be successful , it is not unlikely that this will happen even within 1-2 yrs ahead, which is very critical for the crypto space and will change the current equations! but flippening is a litle unlikely in terms of market capitalization, but nonetheless possible! So this term "Flippening" refers to the hypothetical moment of Ethereum (ETH) overtaking Bitcoin (BTC) as the biggest cryptocurrency isn't an easy event because according to coinmarketcap data , the current Ethereum MarketCap is about $203 B ,meanwhile the Bitcoin marketcap is about $379B (~2X bigger), so filling this gap need a lot of liquidity to be filled . At 100% crossing they both have the same market capitalization. Even though market cap is the main metric to determine "The Flippening" (above), there are a number of there are a number of other metrics that you also can observe (below). check it out here! www.blockchaincenter.net but the question is :What happens to Bitcoin if Ethereum takes over the dominance of it !? Apparently, this happens completely to the detriment of Bitcoin; But maybe this theory is even completely opposite, that is, the strengthening of Ethereum does not mean the weakening of Bitcoin , especially in the long term! ! They are fighting for a common and greater goal, not against each other. Bitcoin's proof-of-work will always retain the very highest degree of imperviousness and security. That could become increasingly valuable in the coming years -- it should not be underestimated Although, at the same time, with Ethereum's migration from proof of work to proof of stake, it can attract more liquidity than before! And in this case, both cryptoassets/platforms serve two very different economic functions. It would be about Ethereum becoming more valuable, and would not diminish Bitcoin. Bitcoin’s inherent value lies in its potential to be a quasi-gold standard and store of value. At the same time, Ethereum serves as the backbone of Web3, propping up the DeFi and NFT ecosystems, among others, that comprise numerous interconnected platforms. So this is more about Ethereum increasing in value rather than Bitcoin losing its own.but it may reduce the appeal of competing layer-1s , i.e. Ethereum competitors! Final thought: Flippening has been an event that cryptocurrency market experts have been warning about for years, and now with Ethereum's proof-of-stake performance, the possibility of its occurrence has accelerated, and it can greatly influence the crypto space. While a flippening may not really harm Bitcoin’s position and its inherent value proposition, it could have an impact on the wider crypto ecosystem in various ways. sources: coinmarketcap-cryptonews.com This article is For informational purposes only!
CRYPTOCAP:ETH.DEducation
by PRO_SMART_Trader
10
ETH 2.0 Merge Upgrade Detailed and Release DataHello all traders and investors. according to go approch ETH 2.0 Merge upgrade Today i decide to explain more about that and tell you more about wahts going to happen. I try to explain as simple as possible Whithout killing time lets go... What is The Merge? The Merge represents the joining of the existing execution layer of Ethereum (the Mainnet we use today) with its new proof-of-stake consensus layer, the Beacon Chain. It eliminates the need for energy-intensive mining and instead secures the network using staked ETH. A truly exciting step in realizing the Ethereum vision – more scalability, security, and sustainability. It's important to remember that initially, the Beacon Chain shipped separately from Mainnet. Ethereum Mainnet - with all it's accounts, balances, smart contracts, and blockchain state - continues to be secured by proof-of-work, even while the Beacon Chain runs in parallel using proof-of-stake. The approaching Merge is when these two systems finally come together, and proof-of-work is replaced permanently by proof-of-stake. Merging with Mainnet Since genesis, proof-of-work has secured Mainnet. This is the Ethereum blockchain we're all used to—it contains every transaction, smart contract, and balance since it began in July 2015. Throughout Ethereum's history, developers have been hard at work preparing for an eventual transition away from proof-of-work to proof-of-stake. On December 1, 2020, the Beacon Chain was created, which has since existed as a separate blockchain to Mainnet, running in parallel. The Beacon Chain has not been processing Mainnet transactions. Instead, it has been reaching consensus on its own state by agreeing on active validators and their account balances. After extensive testing, the Beacon Chain's time to reach consensus on more is rapidly approaching. After The Merge, the Beacon Chain will be the consensus engine for all network data, including execution layer transactions and account balances. The Merge represents the official switch to using the Beacon Chain as the engine of block production. Mining will no longer be the means of producing valid blocks. Instead, the proof-of-stake validators assume this role and will be responsible for processing the validity of all transactions and proposing blocks. No history is lost. As Mainnet gets merged with the Beacon Chain, it will also merge the entire transactional history of Ethereum. You don't need to do anything. Your funds are safe. What do I need to do to get ready? You do not need to do anything to protect your funds entering The Merge. As a user or holder of ETH or any other digital asset on Ethereum, as well as non-node-operating stakers, you do not need to do anything with your funds or wallet before The Merge. Despite swapping out proof-of-work, the entire history of Ethereum since genesis remains intact and unaltered after the transition to proof-of-stake. Any funds held in your wallet before The Merge will still be accessible after The Merge. No action is required to upgrade on your part. Take away from scammers after the Merge: As we approach The Merge of Ethereum Mainnet, you should be on high alert for scams trying to take advantage of users during this transition. Do not send your ETH anywhere in an attempt to "upgrade to ETH2." There is no "ETH2" token, and there is nothing more you need to do for your funds to remain safe. Ethereum Merge Date The Ethereum merge date and transition to proof-of-stake is expected to take place on September 19, 2022. We have some Testnet examination before Merge. I list them for you below: - Goerli/Prater client releases 27th or 28th of July. - Announce 28th/29th. - Prater Bellatrix on the 8th of August - Goerli Merge on the 11th. - ACD 18th August plan mainnet Merge: - Bellatrix early september; Merge two weeks later (week of Sept 19th). and additionally i attached a Technical Analysis for ETH/USDT After we surpass 1700 Resistance , we reach 1800 now and we pass it too. now we are on road to strong 2000 resistance and after that 2400. According too incredible happenings for ETH 2.0 and the U.S. inflation record a peak i think we will see this levels in coming days. Additionally we see 3 strong candle patterns on 1800 breaked Resistance 1 - Marobuzu Candle 2 - Morning star pattern 3 - Bullish Engulfing Like i show on the chart. These patterns are showing a strong demand in this zone. Hope you enjoy this article. please share me your opinions in comments and i want for all of you a lot of profits. thanks for reading.
Education
by TraderAmin-KZ
5
The mathematical model of Hugh Math IndexThe mathematical model of Hugh Math Index ✅ What is Hugh Math Index? It is a rule-based indicator designed to measure the overall growth of the crypto market by the market capitalization of passive investors ✅ Fund Manager 🔹 Mo'men Mohammad Jaradat ▪️ Institutional investor and developer of trading algorithms and investment research ▪️Has more than 7 years of experience in many financial markets ▪️ Worked on many scientific researches on financial mathematics and quantitative methods in investment decision making ▪️ He holds many professional certificates, the most important of which are EPAT, CFA, FRM ▪️ Previously worked with several research teams to develop machine learning algorithms for kaggle trading strategies ♻️ The main criteria for selecting the components of the index 🔰 Safety Standards ▪️The original must have more than 85 points by accredited security audit agencies 🔰 Liquidity Standards ▪️The asset must be listed on three central exchanges with a security rating of more than 7 points ▪️The weighted average monthly trading volume of the asset must be more than $100 million 🔰 Subtraction Criteria ▪️The asset must be publicly traded for a period of no less than 3 months 🔰 Exclusion Criteria ▪️ Stable Token ▪️Tokens (don't have their own blockchain) ▪️Coins under attack 51 ▪️ Coins that have litigations with the US Securities and Exchange Commission (SEC) ✅ The investment methodology has been designed based on numerous academic researches by an independent working team, Mo'men Jaradat. ✅ More details will be shared to copy the investment at the time of the launch of the fund.
CRYPTOCAP:TOTALEducation
by Mr_Jaradat
4
The Role of Patience in Swing Trading.I have been actively trading the market since 2019 without doing stupid things (only minor mistakes). Before 2019 I was trying to get rich fast, and of course, that didn't go well. One of the things I have been doing since 2019 was writing principles or key ideas regarding my trading journey. That includes significant mistakes or things I noticed about the fundamental laws behind price movements. One of those principles is patience. I would put this principle in my top 5 definitely (and I have more than 40 principles I have written since 2019) The principle: Whenever the market is not providing evident opportunities, DO NOT TRADE! Be aware that you will get anxious because of the lack of executions. However, remember that history has shown you that not trading during those periods was always the best thing to do. ------------------------------------------- Let's expand the previous principle. I have realized that you can not force the market to provide opportunities, and sometimes the market will not provide opportunities for extended periods (months). The first time this happened to me, I started getting anxious because I thought I was missing something, and I executed a lot of low-quality setups, of course, that finished in an absolute mess. That kind of behavior didn't happen once to me, but several times. And my conclusion always was that if the market is not providing clear opportunities, it was always best not to trade. In other words, I would have been better without executing setups. So, at one point, I asked myself. "How many more times do I need to experience this to understand that I should not trade if the market is not following the filters I have defined?". And in 2019, I decided that would be the last one. I'm writing about this because I didn't have a lot of executions lately, and I can feel that anxiety telling me, "DO SOMETHING, just trade." And at this stage I'm currently in, I do not follow those feelings anymore, but I keep following my trading plan. ------------------------------------------- Let me explain how this applies to two assets I like trading, SP500, and Bitcoin. On Bitcoin , I'm interested in developing bullish setups, and my filters are the ones you can see in the following image. However, if the price does not move as expected, I will not trade. And not trading is tricky because of the anxiety I explained to you before. On the other hand, we have S&P500 . Similar to BTC, the price has been falling, and I expect bullish opportunities to come. However, I will not risk one dollar until I see the current descending channel broken. ------------------------------------------- Lets Recap: As a swing trader, developing your patience and waiting for the best opportunities without trading in the meantime will save you a lot of money. Remember that you can not force the market to provide you with opportunities; you can only be ready to take action when those opportunities come. I hope this concept was useful. I mainly wrote this for myself, like a journal. If you have any concepts you would like to share in the comments; it's always a pleasure to read your ideas. Have a great day!
BITSTAMP:ETHUSDEducation
by ThinkingAntsOk
12
Non-Fungible Token (NFT)Hi traders – I hope you all are doing well despite bear 🐻 It’s been a while since my last post but as NFT topic is largely uncovered in TradingView I thought that I will put something together. I have been learning about this area in past months and here are my findings. I divided my writing into three chapters: 1) Research 2) Gaming and NFTs 3) CryptoWalkers This way it’s more structured and easier to read. 1. Research For last 6 months I have been researching NFT space and some of my conclusions are following: NFTs can have basically unlimited use cases from music to land ownership NFTs are here to stay and will become an asset class with very high market capitalization Many well-known companies have shown their interest for NFTs Can expect a lot of innovation in this sector There are opportunities for investors/traders Coinbase CEO Brian Armstrong said to Bloomberg: „The market for non-fungible tokens could rival or even be larger than the company’s cryptocurrency business.“ (10.11.2021) I don’t know if that’s the case but there are definitely big potential in NFTs. According to CoinMarketCap, total Crypto market capitalization is $1.27 Trillion and NFTs total market capitalization is $11,4 Billion (30.05.2022). This makes NFT market capitalization 0.9% of total Crypto industry. These numbers show that we are still very early. During my research I have: Deep dived into discord servers (every NFT project has their own server). I have been active there – asking questions and made suggestions. Fun thing about that is you generally don’t know if you are speaking with 15 year old youngster or 60 year old elder. Minted NFTs Bought and sold NFTs on secondary markets Invested into failed projects To me investing into NFT projects is very similar to investing into startups – you invest mainly into founders & team. Idea is also important – as well ability to make changes when something is not working. Also keep in mind that many startups fail, I guess that this number will be even higher in NFTs. Before bear market there was extreme hype around NFT sector and you could basically draw a cow in Microsoft paint and sell it for 3 ETH if you were a good marketer. This is not the case anymore. Currently sometimes even good projects are struggling to sell out. Generally I believe that bear market is good for the NFT ecosystem. It will clear up some air and weak projects will fail. As famous investor Warren Buffett said: „Only when the tide goes out do you find out who’s been swimming naked.“ Strong projects will make it because they keep building and this gives better foundation to new market cycle. This will also educate investors because at some point when investor had a whitelist spot for minting event, it meant basically guaranteed profit. Markets can’t run like this forever. I mean you can still make money trading NFTs but it’s much harder with these market conditions and more work needs to be done. Here is little overview about different NFT categories (although sometimes it is difficult to classify them): For example sometimes NFT belongs into multiple categories, like PFP (Profile Picture) project with P2E (Play-to-Earn) mechanics. I believe in time these categories will be more precise as whole NFT market evolves. One of the most interesting area is blockchain gaming. This topic is nicely explained in Gemini's article and I copied it here (full link below). 2. Gaming and NFTs While the global gaming industry continues to grow across all markets, it remains structured in a way that primarily benefits game developers and perpetuates a one-directional flow of value where players spend money to unlock access to in-game assets and gameplay configurations. In contrast, blockchain-built games and decentralized applications (dApps) enable players to capture the utility and value of in-game purchases and asset acquisitions more effectively. Blockchain technology in gaming is driven by non-fungible tokens (NFTs), digital assets that represent in-game content. These tokens are unique, rare, and indivisible, while the blockchain networks that underpin NFTs facilitate player ownership, provable scarcity, interoperability, and immutability. Together, these advantages have the potential to drive mainstream adoption and a far more equitable value model. Although the adoption of NFTs in the gaming world comes with benefits, it also presents significant obstacles to overcome. Most notably, NFTs need to be made more appealing and intuitive to mainstream consumers who might not be technically oriented. And because NFTs possess intrinsic value, there's a risk that some will be used predominantly as speculative assets. This potentiality could motivate players to purchase in-game assets with the hope of selling them for future profit instead of using the assets within the gaming ecosystem as intended. Despite these challenges, the potential for profit within the gaming industry will motivate more non-blockchain-focused brands to experiment with NFTs, likely by forming partnerships with third-party blockchain projects that have the technical expertise needed to bring their vision to life. Simultaneously, the broader success of gaming dApps will likely play a role in further catalyzing NFT infrastructure improvements and drive the development of innovative solutions that unlock mainstream adoption. Read full article here: www.gemini.com 3. CryptoWalkers Cryptowalkers is unique collection of fully rigged 3D walking characters aimed to live in the Metaverse. All characters come with full bodies (and custom 3D backgrounds) to be used by it’s owners in various Metaverse environments. One of the main goals of this project is to develop P2E shooter game and it should be launching at February 2023 (dates can change, especially in Crypto but this is rough estimate). Development is well underway and team has released some video clips from the game - this is one of the most advanced blockchain based P2E game I have seen so far. I think that NFTs, P2E and Metaverse will become big things in Crypto. Despite being still early there are signs that this one will become one of the top players in the near future. I have been part of their community since their minting event (December 2021) and feel very bullish on this project. I'm mostly impressed how professionally this one is managed. Capable team is key to success and here we have one of those teams. They started with zero (0!) marketing budget but this little thing did not disturbed them. They managed to build a strong community within short time-frame. When team is able to do things with limited resources then you could imagine what will start to happen when there is some money backing their vision. In February Outlier Ventures joined as an investor and strategic partner. After that there are basically no closed doors for them. As I mentioned before, it is wise to invest into strong teams. This is especially true in bear market. Secondly, I believe that these CryptoWalkers have some X-factor that I can't describe. It's the same factor that separates great songs from good ones. To be honest, when I first saw them then they seemed little weird to me 😀 Now I really like those Walkers... X-factor is working. Here is chart of CryptoWalkers price movement (nftgo.io) Current floor price is 0.18 ETH. Highest floor price was 0.5 ETH (02.02.2022). Current entry is more than 50% below that. Due to market conditions there is possibility to enter cheaply. I think that this could be very good holding if trader wants some exposure in NFT sector. CryptoWalkers website is: cryptowalkers.io As always, DYOR! Thank you and have a nice day. Cheers.
Education
by Laurentsius
46
Will the crypto market recover? ❇️Hello guys, Some of you have texted me asking if this market will stay this way? What happened to LUNA? What happened to Tether and Terra? Well, I will keep this short. You do not need to worry! People always do this. They always panic and sell RANDOMLY, without reading and investigating the situation. There will be no time until all intelligent investors realize that it is a significant opportunity for buying. And as soon as the buy volumes start to increase and the fundamental news starts to spread about what a great chance it is to buy crypto, people worldwide will begin to follow and buy more and more out of FOMO, which is not a bad thing. Of course, we have to be careful. There have been regulations and apparent reasons behind this big crash. And indeed, there will be more regulations. So If you are waiting for this buying opportunity, do not jump ahead. Wait for some signals, read the news, analyze the market and make sure before jumping on the recovery train. Until then, have these items in mind in heavy dumps: 1. Do not do leverage trading 2. Do not buy coins in FOMO 3. Do not stick to the screen all-day 4. Do not do revenge trading 5. Do not average out every dip 6. Do not go all in one coin Let me know your ideas. Good luck. Source and Reference: www.forbes.com
Education
by ShawnMCR
2
📊How to use Volume indicator to identify the BOTTOM?...and finally buy the right BTC and ALTs dip!😊 Hi friends! Lots of traders buy crypto at the ATH or close to it in hope to make 10x,100x etc. Is it possible and how to do it more succesfull? In this idea i`ll share with you some methods that can realy help you to: 🔶 identify the bottom of the market 🔶 use the volume indicator in right way 🔶 get crypto at a discount 1. Identify the bottom of the market. Already in several ideas I explain you how you can identify the bottom of the market, and traders shared their ideas in the comments also. We will not stop for a long time around all the methods, you can read about them in this idea and in the comments below it. 💹In this idea I will talk about the fundamental method of how to identify the bottom - liquidation . Liquidation is the process when the exchange takes traders' money to cover losses of a long or short. This can happen if you use leverage in trading and do not use risk and money management. 'Cascades of Liquidations' happen when the price falls without any stops by 30-50%. This is a result of not enough buyers in the market to hold the price and as the price drops, more and more leveraged positions get liquidated - it's like a snowball effect🏂 I've seen this in 2018, seen traders who entered the crypto market in the spring of 2020 and most recently in 2021. 2. Use the volume indicator in right way. Why do I use a volume indicator? It's very simple. This is an indicator that shows where a big players open or close their trades. 🚩If a huge liquidations have happened, someone has sold a lot and someone has bought a lot. Why? Just as DOM and Footprint help to identify whale buying or selling orders, so the volumes show the amount of money traded and help to identify liquidations. Also, it can be used at different timeframes to see whales' willingness to buy or sell at key levels, trend lines and other trading instruments. Volume is a real representation of the number of trades. 3. Get crypto at a discount. If you wanted to buy Bitcoin at 60k, why when it drop by 70% you don't want to buy it? Or altcoin, which is down by 95%? A simple example, when you go to the store you want to buy a car with a discount . If there are two identical Lambos🚙 which cost $250,000 and $100,000, why do you want to buy the one that costs more? Ask yourself this question. This is not financial advice, just a comparison of facts and explanation of traders psychology. ✅As we can see on the chart, the last time after such a massive liquidation in 2020-2021, Bitcoin and Ethereum rose by 1100% and 3400%. For example, Binance Coin (BNB) rose by 6460%, Cardano rose by 11400%. Also, after the last liquidations in 2021, there was a good ALTSEASON, when Bitcoin grew by 100%, and all Altcoins by more than 300%. 🏁My personal advice if it`s happen again: 1. Remember about your risks and money management. 2. Use your strategy and don`t panic. You need to just wait for good entry point. 3. Use VOLUME indicator like an additional tool. This indicator can help you to identify the bottom, but not to do all the work for you. 💻Please write in the comments if you still have the questions about the liquidations or Volume indicator! I`ll try to explain you additional tips 🎇 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
7
Bitcoin: Liquidity and Order blocks!This is an educational post! I have tried to combine the concept of liquidity with that of supply and demand to show you one of the most efficient trade setups in financial markets! You basically have a descending trendline in 30m chart of bitcoin! Price reaches a confluence area in higher time frame analysis (let's not be concerned about that now) then it jumps a bit to create a range! We know range bounds are liquidity nests! So price first grabs the upper range liquidity, breaking the market structure at the same time and hence confirming the long bias! Then it comes down to the demand zone, grabbing the lower range liquidity at the same time and then boom! It goes to the target!
FTX:BTCPERPEducation
by chartmaster1991
Entries do not matter (Course #3)Entries do not matter (Course #3) One thing that I have read many times but never believed is, entries do not matter. After trading a whole lot of different strategies in a repeatable fashion (algo trading), I found that indeed, entries don’t matter. Of course, if you get in at a bottom for a long or at the top for a short, it feels nice and the entry is absolutely great, because you get the maximum possible outcome in you think about the market played out. This being said, over time, what will make you successful is really a factor of when you exit AND your system overall (covered course #5). You should not look at the market and hope to get in here and exit there, because the market is not consistent. The market has no rules and no discipline. Instead, you should look at your system and hope to get out when it’s the right time. It is the same in life, look at what you can control - here this is your system, since you can't control the market. READ THIS AGAIN. In other words, let’s say I always enter at the wrong time, but the price always goes in my direction for at least 0.25% before going the other way. If I can exit on that 0.25%, I will make money! If my – consistent, disciplined - trading system can get out at 0.25% all the time, it doesn't matter I had a bad entry, because first of all I am not losing money and second, I am making some. So yes, entries don’t really matter, but exits do. Look at Crypto Face of Market Cipher. Very often he enters before a pump, because he is good and because his indicator is good as well. You can call this a “good entry”. But sometimes, he does enter and the trades goes against him. Many times I noticed he would not close his trade, and just wait overnight for it to come back. Let’s say the price does come back, and now goes into profit – he exits. What mattered? His exit. If he had exited when the trade was against him, he would have lost money. In his book “Trade your way to financial freedom”, Van Tharp talks about it and he explains how a random entry system can beat any other system with a specific entry technique. Whether you are trading algos or manually, you have to understand that it doesn’t matter when you enter. What matters is your system and when you exit. My #1 profitable algo is designed to never get in at a bottom or a top, for respectively a long or a short trade. Yet, this algo strategy is profitable.
Education
by Maddrix_club
The best course of The Major Player Behavior. ETH example Part 1I want to continue to share with you my knowledge of the behavior of the major players and who they are.😁 In the last example about Bitcoin, we considered a similar situation, now I would like to demonstrate this on another coin so that you also learn to identify such moments and fix them. Right now, on the example of Ethereum, we see approximately the same moment, a small candle fixed exactly in the stops zone of a major players. Thus, we can assume that in about 83% of cases the price will go up, since, as we mentioned in the previous tutorials, the stops of a large player in this case are equal to large buys on the exchange. Best wishes
Education
by MiriamRapoport
7
A simple trick to keep your emotions out of the game!Do you have trouble with FOMO or sticking with your plan? One of the most simple tricks to help take your emotions out of the game and stick with logic is to change your candle colors. Yes, it really makes a difference! Psychologically we are hard wired to react to red and green as STOP and GO reactions. This is actually the opposite of what you want when trading from a smart money perspective. Unless you are a 'breakout' trader or something of the sort, most times you want to be buying when things are red and selling when things are green. When we see red and green on the charts and can cause us to jump in impulsively to the wrong direction. So in short, find some neutral colors that for you still provide you the necessary information and contrast, but do not evoke a strong emotional response. In my case I'm sticking with blue up and yellow down, but have also experimented with greens and grays, etc. At any rate, this is a super basic post, but I think it is extremely important and also often disregarded as red/green are default. At the very least, give it a try and see how you react emotionally to the bars going forward. I've also requested that tradingview gives us color customization options for the watchlist. As opening this first thing in the morning and seeing everything red or green can be very jarring and lead you to respond emotionally and jump right in. Hope it helps somebody!
BITSTAMP:BTCUSDEducation
by Eldal
9
Where To Set Your Stop Loss Trading CryptocurrencyA new trader asked me the important question, "where do I set my stop loss when trading cryptocurrency?" I decided to make a video detailing my strategy using live trade examples over the last two weeks in Solana COINBASE:SOLUSD and Ethereum COINBASE:ETHUSD . Solana was coming off a double bottom and a price spike gave the sign for where to put the stop loss. Ethereum was hitting a key Resistance level and also gave a signal for where to put the stop.
BITFINEX:ETHUSDEducation
by norok
5
📉📉 FEAR/GREED INDEX 📉 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.
COINBASE:BTCUSDEducation
by AnonimFXRO
My Trading Strategy in 4 simple steps.Today I will explain step by step the process I use to develop setups. This is how my strategy works. And this can be applied to any asset and using any technical tools. This is as close as I can get to using an empiric approach to define my trading opportunities. Let's start. My trading strategy is composed of 4 steps: 1) Whats the context of the price? Here, I want to understand all the characteristics of the current situation I'm observing. Mainly I will try to define this in the Daily chart. Examples: * Are we making a new ATH? * Are we inside a 300 days correction? * Is the price above or below a Daily trendline? * Are we inside a small correction or a 50%+ decline? 2) Now that I understand my context. Can I look for similar situations in the historical data of this asset? I only work with assets with enough historical data to conduct this type of analysis. If I'm able to find at least 2 previous situations with similar characteristics to what I'm looking for, I proceed with the next step. Here I use the Weekly and logarithmic chart to identify these situations. 3) Do I see a consistent pattern that I can use to trade in those similar situations in the past? Here I will use lower timeframes like the 4HS chart, and I will look into more details in those similar situations. I will try to find something objective, like "The first retest after the breakout of the most external line of the corrections. If I see consistent behavior and a good risk to reward ratio, I will proceed with the final element of my strategy. 4)Define the pattern I'm waiting for and the execution process in advance. At this stage, I want to say, "I'm waiting for this," and this is how I will trade it. This includes: *Entry level *Stop level *Break-even level *Take profit level. *Risk. And this is it. At this stage, my setup can be executed or canceled depending on the price behavior, but in a nutshell, this is the system I have been using for the last 3 years, and I can say that this has, on average, a win rate of 50% and an average risk to reward ratio of 2. I hope this information was useful. Feel free to share your view in the comments or any doubt you may have. Thanks.
BITSTAMP:BTCUSDEducation
by ThinkingAntsOk
101
Thoughts on the current environmentThese are my comments from some conversations I had and I hope you like it :) It is a weird environment overall, as the market is pretty cheap, the derivatives markets are fairly well balance, on chain data & stablecoins paint a bullish picture for crypto... but in terms of TA and the overall psychology of the market, getting to anywhere between 20-28k & 1300-1700 at some point in 2022 is quite likely. I just have no idea when. In late Jan around 37.5k and 2600 I turned bullish in the short term as the market showed strength, it was very cheap and sentiment was really bearish. We are at a fairly similar situation now, only that we did have the pump up to 46k. To me that was always the key point we'd have to retest and as that was hit, the next one is 24k. The same way we perfectly filled the 32-33k CME gap and bottomed, we are going for that one too. In the short term however I see similar dynamics as people are scared, the market is cheap and we are bouncing at support. The price action of both crypto and stocks is telling me that yesterday's bottom was at 'do or die' level which means we've either bottomed now or if we go below that we'd go much lower. Who knows, maybe it's just temporary relief and we could go up by another 3-7% before reversing lower. In terms of the macro picture I think it is very unclear but also pretty clear. The global economy is turning into shit and tensions are rising. People aren't happy, be that inflation or mandates. To me unfortunately we will soon be reliving the period of 194x. Same way 1929 =2008, 1936-1938 = 2020-2022. Poor financial conditions have lead to the rise of authoritarianism, with governments scrambling to gain as much power, while people lose faith in them. There is too much debt and everyone is in a whole that is very hard to get out of. People are losing their minds and tensions then start to manifest internally and externally. Unfortunately history repeats itself and that's what we as traders/investors are doing, we need to learn from it as human beings are the same now as they were 10, 100, 1000, 10000 years ago. Nothing new under the sun. Like Su Zhu said in a tweet the other day twitter.com . This is one of the best tweets I've ever read and I truly mean it. So if that's the period we are in, what do we do? What could come next? Bond yields will go down in one way or another, while inflation stays high. For now we are at a point that bond yields are rising and have some room, until they come crashing down. The Fed will be forced to cut and to support the government. The Gov + Fed will have to do a lot of printing that will be met with very little resistance by the public. We'll be united against a common threat. And to be honest this is usually the only way out of this debt hole. Unfortunately a war and insane amount of currency debasement is the only politically viable way to reduce debt and do a reset. I hate the people who want to push for the 'great reset', but a reset is coming. It's a natural cycle, these always happen and they are usually not nice. But it's like the phoenix rising from its ashes. A rebirth. Now when I say bond yields will have to go down, I think it will be a combination of the Fed trying to keep them low, but also people chasing the safest and most liquid instruments. Most people in such a period won't want to take risks. Low bond yields = not many opportunities anyways. So then we have high inflation + no opportunities + disruptions + tensions + less freedom and so on. So of course we are in the right market. If the physical world is suffering and there could be wars here and there (I have no idea at what scale), then the digital one should be booming. With sanctions and accounts getting frozen, while governments do insane amounts of QE, this is the place to be. Make no mistake, they will come after us to some extend at some point, but as long as we try to preserve some privacy and keep our coins/tokens in our wallets, we might be safe and able to go to locations that we can protect our wealth. Now the issue is, how do we get there? How do interest rates go down again and the bull market resume? Well to be honest I currently feel like we are somewhere in Q4 2019 - Q1 2020 or Q3-Q4 2018. We are close to having a last major leg down, before a major leg up. One catalyst (rate hikes, higher inflation, war), I don't know what... that will lead to the final shakeout which will trigger a huge monetary & fiscal response. This fractal I've mentioned on my previous ideas is what I still expect. twitter.com This is great, but I completely disagree with one part: 'it is unwise to assume that Central banks will respond with more stimulus if inflation is rising'. At the current environment I am a disinflationist, but at the end of the day I know they will have to print. In the past it was banks that printed, but since 2008 banks aren't creating much money... The worse things get, they more risk averse they become. Now we are in a situation that is nowhere near like 1987, but more like 1940s and it something Lyn Alden has been talking about for quite some time. There are big differences from then to now of course, but the setup in terms of Governments - Central Banks - Banks is very similar. What people need to understand is that we are getting inflation mostly not because because of issues on the supply side, not so much by Fed & Gov actions. These issues could become worse, in an environment where banks aren't lending, there is too much debt, too much uncertainty, overvalued stock markets, ESG mandates and so on. The yield curve flattening so much is a sign that the Fed might not even be able to raise rates more than a couple of times, and that in 2023 they might be forced to cut. Think of it like this... Prices are going up and people aren't making enough money to keep up with inflation. The way things are going they won't be making much, so they need someone to give them money. Who are they going to ask for that money? The government. If prices are going up, they will demand more, something that could create an inflationary spiral. Except if, maybe, by creating a CBDC to control everything they will be able to control inflation. They want full control of the banking system and where people spend their money. For example if there is a shortage of milk, they might be like OK with your account you can only buy 1 litre / week. The majority of people think that vaccine passports are about reducing the spread and that them being used as a gateway for a CBDC is a conspiracy theory. Well in my country they already created an app called government wallet that can contain your ID + vaccine certificate. Wouldn't it be nice connect your bank cards + accounts in there and route all transactions through the government directly? It's been extremely clear that that's the goal. It is their belief, and it is possible, that by having total control over the monetary system they will control inflation. But at this stage, they will be forced to do something. Let's no forget they always printed/borrowed for wars. And let's no forget that in the case of a war, they won't care about inflation. They will shut down the debate about inflation as they have a bigger goal. Markets crashing + Russia going for Ukraine & China for Taiwan, and they will be nah, we'll raise interest rates. Let's not forget that they can't let markets crash completely. The eurodollar & US bond markets are screaming loud and clear : you raise rates a few times at best and then you go back to cutting. So if they have to save markets again and can't fight inflation, then it's time for Universal Basic Income as this is the last time they will only save markets and not ordinary folks. At the end of the day, the situation with passive investing and the whole structure of the system in general has gone too far. They can't do anything to fix it, and they most certainly aren't capable of fixing it. Replacing the old system with a new one won't be easy and there will many shocks along the way, but I have no doubt that crypto and commodities are the best place to be in this environment. End of rand😝
TVC:VIXEducation
by BitcoinMacro
1
An NFT ManualHello, Let us talk about 'NFT.' In this post, we will read about NFTs, where to find them, and how to buy them. Furthermore, what are they really? Indeed we have all read this sentence since this is the first thing that comes up when we Google NFT: "A non-fungible token is a non-interchangeable unit of data stored on a blockchain, a form of digital ledger, that can be sold and traded. Types of NFT data units may be associated with digital files such as photos, videos, and audio." Well, it is not wrong. It is a non-fungible token that can be traded. They are mainly formed in 2D and 3D art forms. You can profit from hundreds to thousands of dollars by buying and selling NFTs. However, you need to be careful because there are too many scams out there. Many people get hacked, phished, or follow bad projects and lose their money. Before answering the most FAQs, have in mind that NFTs can be built on many blockchains, traded on many platforms, and bought with different types of cryptocurrencies. However, we will focus on the main, primarily used methods in this post. Where should we find NFT projects? Twitter, Instagram, and public/private chat rooms provide this information. Nevertheless, Twitter is where it all happens. All NFT projects advertise on Twitter, and we can see by the number of their followers, likes, and comments, how genuine their community is and if it is a worthy project or not. Where can we get access to mint/buy? Once we find our desired project, we should find them on discord and join their server. Different projects have different methods to White-List us to get us early access to mint/buy. Some require invites, some require being active and being helpful to their community, and some have their own unique rules. Once we get past those requirements, we will be White-Listed to mint earlier than other people. Where does it all happen? Mostly on Opensea. When we buy or mint an NFT, we need to list it to trade it or sell it again. That is when we need to pay Opensea for making a listing. Then we can list our NFTs on that listing and either take offers or set a fixed price for them. What wallet do we need? MetaMask is the wallet that is being mainly used in order to buy or mint NFTs. It is a safe wallet, and we can easily create one for free without identification. What browser should we use? Yes, Safari for Mac users and Chrome/Edge for Windows users is the preference we are familiar with. However, when talking about NFTs and MetaMask and much money, we need to switch to something safer and more compatible. Brave Browser is the one for this use. It also provides its own wallet, but we can always connect our MetaMask. What is minting? Most simply: When we decide to buy an NFT, we have to produce it, validate it into existence, create a new block for it, and set its information. Do not worry, it all happens automatically, we only need to pay the Gas fees. Important tips: Turn your DMs off on Discord. Do NOT connect your wallets to unknown websites. Use Brave Browser. Have you ever traded NFTs? What do you think the pros and cons are? Let us know your ideas. Good luck.
Education
by ShawnMCR
6
An NFT ManualHello, Let us talk about 'NFT.' In this post, we will read about NFTs, where to find them, and how to buy them. Furthermore, what are they really? Indeed we have all read this sentence since this is the first thing that comes up when we Google NFT: "A non-fungible token is a non-interchangeable unit of data stored on a blockchain, a form of digital ledger, that can be sold and traded. Types of NFT data units may be associated with digital files such as photos, videos, and audio." Well, it is not wrong. It is a non-fungible token that can be traded. They are mainly formed in 2D and 3D art forms. You can profit from hundreds to thousands of dollars by buying and selling NFTs. However, you need to be careful because there are too many scams out there. Many people get hacked, phished, or follow bad projects and lose their money. Before answering the most FAQs, have in mind that NFTs can be built on many blockchains, traded on many platforms, and bought with different types of cryptocurrencies. However, we will focus on the main, primarily used methods in this post. Where should we find NFT projects? Twitter, Instagram, and public/private chat rooms provide this information. Nevertheless, Twitter is where it all happens. All NFT projects advertise on Twitter, and we can see by the number of their followers, likes, and comments, how genuine their community is and if it is a worthy project or not. Where can we get access to mint/buy? Once we find our desired project, we should find them on discord and join their server. Different projects have different methods to White-List us to get us early access to mint/buy. Some require invites, some require being active and being helpful to their community, and some have their own unique rules. Once we get past those requirements, we will be White-Listed to mint earlier than other people. Where does it all happen? Mostly on Opensea. When we buy or mint an NFT, we need to list it to trade it or sell it again. That is when we need to pay Opensea for making a listing. Then we can list our NFTs on that listing and either take offers or set a fixed price for them. What wallet do we need? MetaMask is the wallet that is being mainly used in order to buy or mint NFTs. It is a safe wallet, and we can easily create one for free without identification. What browser should we use? Yes, Safari for Mac users and Chrome/Edge for Windows users is the preference we are familiar with. However, when talking about NFTs and MetaMask and much money, we need to switch to something safer and more compatible. Brave Browser is the one for this use. It also provides its own wallet, but we can always connect our MetaMask. What is minting? Most simply: When we decide to buy an NFT, we have to produce it, validate it into existence, create a new block for it, and set its information. Do not worry, it all happens automatically, we only need to pay the Gas fees. Important tips: Turn your DMs off on Discord. Do NOT connect your wallets to unknown websites. Use Brave Browser. Have you ever traded NFTs? What do you think the pros and cons are? Let us know your ideas. Good luck.
BITSTAMP:BTCUSDEducation
by ShawnMCR
16
Momentum in the Markets ✅✅✅✅ 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, they have fuel to push price 🎯 Decreasing momentum - bulls/bears are losing power, they dont have fuel they are exhausted. ‼️ Take a look at this concept in HTF starting from H4 - MN Kindly see the photos attached with bullish/bearish decreasing and increasing momentum.
BINANCE:BTCUSDEducation
by AnonimFXRO