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Excavo

Phase of trend Three phases of the trend. The main trend has three phases. Usually, three phases can be distinguished within the development of the main trend. The first phase, or the accumulation phase, emerges when the most far-sighted and informed investors begin to buy, since all the unfavorable economic information has already been taken into consideration by the market. The second phase occurs when those who use technical methods for following trends join the game. Prices are already rapidly increasing, and economic information is becoming more and more optimistic. The tendency enters its third or final phase, when the general public comes into action, and the rush begins in the market, fueled by the media. The newspapers write about the "the finest hour of the bulls," economic forecasts are filled with optimism, the number of speculation increases. And those informed investors who “have been accumulating” during the exit of the bear market, when no one wanted to buy, begin to “distribute”, that is, to sell, when everyone, on the contrary, is trying to buy.
BITFINEX:BTCUSDEducation
by EXCAVO
14
Bitcoin Hello dear traders After today's fall, we tested the 6300 zone and it looks like it will continue to move in a falling wedge formed from January - a reversal pattern. At the same time we are moving to the support line. Most likely after the test of this line we will fly up. I showed a long-term vision of bitcoin movement. There are many factors that talk about long-term growth, so fasten your seat belts and we are getting ready to stand on the runway. On October 12, I will start my first webinar, where I will give my full vision of the situation on crypto market.
BITFINEX:BTCUSDLong
by EXCAVO
134
Raiden NetworkRDNBTC Moving in triangle and want to break out resistance line. Stoch RSI - Oversold. This coin I have in my portfolio. I see potential for further growth and by the end of the year I believe that we can see at least + 100% (This is just 23.8% level fibonacci from the whole movement). Market Cap $27 772 094 USD. Rank 161 Because Raiden Network enables off-chain scaling solution that hopes to enable fast, low-fee and scalable payment on the Ethereum blockchain. Developers are actively working on the project and provide weekly reports, here is the last one www.reddit.com Activity in the test network is very high. I think in the end of the year we will see solutions for the scalability of the Ethereum network, and Raiden will do they job. We are at the bottom, this is a zone of accumulation of this coin, and as you know, after the accumulation there is always price growing. For this fasten your seat belts, you're on the runway!
RLong
by EXCAVO
6
BTCUSD Long signalTECHNICAL ANALYSIS Hey guys whats up! Here's a very big opportunity to buy BTCUSD and stay for long.It was under correction since the beginning of these year. Now it's the right time to Long it and be patient..I am expecting that BTC would reach 1 million by 2022. You will regret if you miss it, So don't miss it. Good Luck. INDICATORS USED 1. MACD 2. RSI 3. SMA Thanks for your Support. Don't forget to leave Like if you Agree, comment and FOLLOW Me for more....
BITFINEX:BTCUSDLong
by I_am_7harry
11
Stellar Lumen I have nothing bad against this coin, but I want to give a few arguments for my analysis. Firstly, for the future pump of all altcoins, judging from the past, there must be a bitcoin capitalization of more than 60% (now 52.3%)I have a question. how to make the domination more than now? Pick up Bitcoins from overbought coins and one such lumen stellar. The second is on the logistic curve we are in the upper zone of this curve. And everyone says that this coin is strong, it's a bad call . The third is the cyclical nature of the market.
Short
by EXCAVO
32
Loopring LRC Binance LRCBTC I like this project and it has a chance to become one of the leading decentralized exchange platform. A dozen projects have already integrated the Loopring protocol and more are expected to follow, which will create a network effect which will have a positive effect on the overall liquidity of the Loopring protocol. This can attract new users and projects, as well as affect the price of the asset. My recommendation add this coin in your portfolio and you can earn 100-300% until end of the year Good luck dear traders
Long
by EXCAVO
12
BTCUSD Types of false breakdownsFALSE BREAKOUTS, BULLISH AND BEARISH TRAPS FALSE LEVELS BREAKOUT: TRADE, KINDS, PATTERNS Trading strategies using key support / resistance levels are among the most popular and often used in trading practice by most traders. However, behind the seeming simplicity of the trade of the rebound from levels, and their breakdown lies a lot of nuances, which are often the cause of an unsuccessful trade deal. One of them is a false breakdown of levels, which cannot be identified correctly identify on the chart by all traders. It is the trade of false breakdowns that leads in most cases to incorrect entry into the market. To minimize the risk of trading levels, let us study the concept of "false level breakdown", the logic of their formation, types and how to avoid mistakes in trading levels. So, a false breakdown is a situation where the price of the traded asset breaks the level, but it cannot gain a foothold above or below it and comes back. Schematically, this pattern and pattern are shown below. They are often called “bullish or bearish trap” in literature. You can come across them quite often in the upward and downward tendency, in consolidation, in figures of the graphic analysis on statistic and dynamic (movings) level. LOGIC OF FORMING FALSE BREAKDOWN At the heart of this price behavior there are two mechanisms. 1.The lack of demand or supply on the market. In this case, the price is actively moving to an important price level, but as we approach it, the size of bars (candles) begins to decrease, and volumes - begin to decline. This means that at these levels, the demand for the asset falls sharply due to a decrease in the volume of the traded asset or unwillingness of traders to buy / sell the asset at a too high / low price. And the output of prices beyond the important level (false breakdown) has no chance of continuation. In this situation, most often the market goes into a flat state. 2. Getting the position by a marketmaker / specialist due to small traders. As you know, when the price moves up / down, the marketmaker takes the opposite position, that is, he provides liquidity to the asset. When the important price level is reached, the activity of the participants decreases and the demand / supply falls. The marketmaker, in order to close its existing position and turn, needs to collect an asset at the prevailing price. Not being able to place his applications for the purchase / sale of an asset at one time, he performs manipulations (actions contrary to his intentions), provoking the “crowd” to sell / buy a trading instrument, that is, create additional supply / demand in this area. For this, he makes a false move beyond the boundaries of the resistance / support zone and most small traders, following the logic, buy / sell an asset to a marketmaker. Having gained a necessary volume and closed the current position, the maketmaker starts moving to the opposite side, and the crows loses money. It is a false breakdown, most often used by a marketmaker for these purposes. In this variant, the price is suitable and breaks the level with large-size bars and high volumes, but after the breakdown volumes fall sharply. This indicates the activity of market participants and requires knowledge of patterns for identifying false moving. TYPES AND VARIANTS OF FALSE BREAKOUT False breakout patterns can be different: single (puncture), double or multibar (tampering). Instant breakdown - the price makes a sharp move out of the channel by one bar / candle (puncture) and comes back, while the bar / candle closes below the resistance level and above the support level. Such a candle should have a high volume and a long upper shadow (pin bar). Breakdown of the level by two bars with the closing of the first step above the resistance level (fastening above the level), and the second - its return and closing under the support level and, conversely, for the support level. It is very important here that the volume of the candle return is greater than the volume of the candle penetration. Breakdown of the level with subsequent tampering over / under it (trade in a narrow range), return back. Here, the largest volume should have a candle breaking through the level and a return candle. On the chart, it looks like this: TRADING OF FALSE BREAKDOWNS: It is impossible to formalize all the rules for trading a false breakdown in a short article, but only the most important ones. First, the trading algorithm: •Never enter the market until the breakdown candle is completely formed (closed), ideally - it is not worth to enter the market at all in general. The beginning traders do this mistakenly as they emotionally react to the breakdown and are afraid to miss the move. It is necessary to make a decision after the formation of the next or several subsequent candles, depending on the type of the forming breakout pattern and the market context. Many traders take the sharply increased volume for a breakdown candle as a basis. But the reason for this phenomenon can be not only the entrance of new buyers, but also the banal demolition of stops, which is especially common in the breakdown of levels (boundaries) of price channels. Below is a schematic diagram of the algorithm for entering the market after the completion of the formation of false breakdown patterns. • after breaking through a strong level, carefully analyze the forming patterns, among them, often form reversal, which can tell you a lot about the current situation. The figure below, as an example, shows the situation on the chart with a false breakdown and several signals for a spread Always be very attentive: if the price matches the strong level the marketmaker will probably provoke the next false breakdown. And do not forget that level breakdowns including the false ones often happen as a result of strong news. And the last one, some traders avoid trading of such moves. This is completely in vain, since the trader loses the chance to enter into a deal at the best price with a small stop which allows to reduce the risk and easier to keep an open trading position.
BITFINEX:BTCUSDEducation
by EXCAVO
45
BTCUSD Trading strategy and Trading tacticsThe trading strategy is a common vision of how, by means of which methods, using what tools and in what markets the trader is planning to earn money for a long time. In our case, since we are going to trade on the crypto-currency market, it is worth determining whether we will trade the most liquid coins using the marginal leverage, or it will be trading in cash. Maybe it will be an investment in top projects, which are in the limelight; maybe, it could be an investment in low-liquid projects that are far from the top on coinmarketcap, but they can give the X-s in the future. Accordingly, it is necessary to choose a trading platform for these purposes. For margin trading I recommend Bitfin, I do not recommend Bitmex. For trading top coins, Bitfin or Binance, will suit your capital. For trading potential projects - binance, cucoin, bitrex. Further it is necessary to decide what type of trading you are interested in depending on the time. This will be a day trading where the trader searches for trading opportunities throughout the day, constantly monitoring the market, or swing trading (middle term trading), when the trader determines the direction of the market, takes a position and holds it until the prerequisites for a reversal of the trend appear. Alternatively, this is a long-term investment, when the trader accumulates a position, having a firm belief in the direction of the main long-term trend. Regarding methods and tools for analysis: we are going to study TA, respectively, this is the method that is suitable for us. Each trader will be able to determine for himself a set of tools for technical analysis with time and practice. Someone is more inclined to use patterns and levels, someone is an “indicator”, and someone likes to use volumetric analysis. My opinion is the following: you need to have a certain "crown", but use all available TA tools for additional help in the analysis. Trading tactics is a strict set of rules for using methods and tools for technical analysis, the risk / capital management rules to achieve strategic goals. For example, while choosing the liquid assets trading, these rules should encompass: • Clear rules for entering the position: the reason, the volume of the transaction, case scenario, which will increase the already open position. • Clear exit rules: predefined TPs and SLs, coordinated with the development of cases, which will allow changing the initial settings of target levels, the rules for transferring SLs in the black and further. • Calculated, strictly defined risk / capital management rules. • Disciplinary tasks Risk and capital management. Strict control over losses is probably the most important prerequisite for successful trading. There is a classic rule: eliminate the loss-making positions as quickly as possible, keep the profitable positions as long as possible.
BITFINEX:BTCUSDEducation
by EXCAVO
14