BTR - Strong Again 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on Weekly: Left Chart
BTR has been trading within a wide range, and it is currently consolidating near a robust support zone. Consequently, we will be searching for buying opportunities on lower timeframes.
on H4: Right Chart
BTR is forming a potential inverse head and shoulders pattern but it is not ready to go yet.
For the bulls to take over, we need a momentum candle close above the gray neckline.
In this case, we will expect a shift in momentum from bearish to bullish.
Meanwhile, until the buy is activated, BTR would be overall bearish and can still trade lower inside the support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Exchange
BGB - Standing Strong 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📊 Despite many altcoins experiencing lower lows over the past couple of months, BGB has demonstrated resilience by maintaining support above 0.4.
📉 As BGB nears the lower boundary of the red channel, coinciding with the 0.4 support level, we will be on the lookout for short-term buying opportunities .
📈 To regain medium-term bullish momentum, it is essential for BGB to breach the channel's upper boundary and surpass the previous significant high marked in red, which is approximately at 0.45.
Which of these scenarios is more likely to occur first, and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
WRX quick tradeHello again!
So, besides the longer charts, let's see what Fractalic one can bring to us.
Few days ago I've seen BINANCE:OGUSDT forming the exact same pattern as it has shown in April, now with BINANCE:WRXUSDT i see the same formation either from July (better scenario) or June (meh but still ok).
If we're at June's formation:
- Quick buy at 0.102-0.103
- Sell at 0.112
Profit: 9%
If we're at July's one:
- Enter at 0.098-0.1
- Sell partly at 0.112 / 0.12 / 0.132
Overall profit: 17% - 32%
Don't forget to use Stop Loss, however with CRYPTO:WRXUSD we're very close to the bottomish bottom of the bottom. This coin has served as a lifechanger for some giving a ridiculous 10500% in 2021. Dumped hardest 98,85%, accordingly. And still is always performing pump/dump scenarios here and there even being this low.
So, let's see what will it bring to us in a longer term, too. Giving a shot that it's mostly Indian market and I believe India to hop on its exponential growth very soon, we can make that lifechanger candle great again.
Potential Buy / set Take Profit in the sky / and Forget if we'll ever go to 0.08 or if we will surpass this long support line and move further to 0.05-ish.
How to avoid the loss of funds in the transaction?Regardless of experience, every trader needs a plan. The key factors that can help the transaction become safer, they are the necessary strategic minimum requirements to ensure stable income and avoid unpredictable losses.
Why Do Traders Fail?
Let's take a look at the top reasons why traders lose money:
Trading is a complex process. Trading strategies require discipline and precision. Even with the best ideas, some traders can forget to act systematically.
Traders can be reckless. They give up doing market analysis, don't bother with stop loss orders, and forget about the rules of risk management. These all lead to mistakes and bad deals.
So how to avoid the loss of funds in the transaction?
1 Don't build positions with huge volume
If you are unsure of market movements, focus on at most one or two trades in a session. In the case of a small order volume, it is more controllable to track and find out various opportunities.
Please note that some factors, such as slippage (the difference between the expected price of the order and the actual execution price of the order), are unsolvable and cannot be considered in advance before the transaction is opened).
2Using Stop Loss and Take Profit
To reduce the risk of losing your money, you can use a stop loss order. They protect you from losing more money than you can afford. As for take profit, the principle is similar -- it will automatically close the order when the price target is reached, thereby locking in the profit. Therefore, taking profit will help you get out of the market immediately when the market price is right, so as to maximize your profits.
3Use reasonable leverage
By setting a wider and reasonable stop loss, smaller leverage will allow each trade to have more breathing room, thereby avoiding higher capital losses. High leverage will blow up your trading account faster when the market trend goes against your expectations, because a larger lot size will make you face higher losses.
4. Pay attention to important news
The market can change its trend at any time due to news or even rumors. Staying informed is key. All traders need to follow up all kinds of news throughout the trading hours. Let's say you realize that a news release will affect the direction of your position, but you're not sure which direction it will be. In such cases, you should provide maximum protection for the position you open (set stop loss, take profit, and in extreme cases, close the position before the release of the expected news).
5 Don’t Trade During Low Liquidity Hours
You need to be aware that illiquid trading instruments tend to have wider bid-ask spreads, higher volatility and, thus, higher risk for the trader. Therefore, trading in a cycle with little liquidity will face the possibility of high capital losses.
6 View multiple metrics
It is best to make your long/short decision based on several technical indicators. Indicators and other tools in technical analysis need to corroborate each other. Combine two or three different types of indicators. Your trading strategy can also rely on candlestick and trend chart patterns, as well as the use of golden section tools. In this way, the system will provide you with signals with a high probability of success. If you use such a strategy, combined with a stop loss and the correct risk/reward ratio, then you can avoid losing money in your trades.
7 Control Your Emotions
The most successful trading comes from confidence and calm. Your fear of losing money, or your desire to make money with your trading instruments in the precarious state of big news, can get in the way. Make sure you keep your emotions in check and use tools like stop loss and take profit orders to make objective trading decisions.
If it helps you, please like and follow.
USOIL:I think it will fall first and then rise
Dear trader, I think crude oil will fall first and then rise, what do you think?
Crude oil has been in a fluctuating upward trend recently, and it is possible to end the wide fluctuations that lasted for more than two months. The main trend is still low bullish mentality trading
At present, you can go short first, and then go long
The specific strategy is: buy short around 75, tp73.5-74
After going flat, buy long positions near 73.5, TP75-76
If you agree with my point of view, welcome to follow
TVC:USOIL BLACKBULL:USOIL.F FX:USOILSPOT
#NEXO/BTC 2D (#Binance) Broadening wedge breakout and retestNexo is pulling back to previous support where we expect it to bounce towards 100EMA resistance.
⚡️⚡️ #NEXO/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 8.4%
Current Price:
0.00002340
Entry Targets:
1) 0.00002262
Take-Profit Targets:
1) 0.00002798
Stop Targets:
1) 0.00001994
Published By: @Zblaba
$NEXO #NEXOBTC #Nexo #CEx #Payment
Risk/Reward= 1:2
Expected Profit= +23.7%
Possible Loss= -11.8%
Estimated Gaintime= 2 months
nexo.com
selby_exchange - BTCUSD - $36290 Price/Time Forecast (8h)Selby Price/Time Forecast for BTCUSD Bitcoin
Timeframe: 8 Hour interval
June 2023 - July 2023
Exchange: COINBASE USD Pairing
Forecast: $36290 (July 3rd 2023)
Custom ratio extension levels
Lunar Cycles
Fibline Glance Moving Average (squeeze)
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
selby_exchange - BTCUSD Selby Geometric Extrapolation v18.1 (4D)Selby Geometric Extrapolation Structure for BTCUSD Bitcoin
Version: 18.1
Timeframe: 4DAY interval
March 2020 - October 2025
Exchange: PHEMEX Perpetual Futures Contract
Forecast: $142885 - $166677 (Feb 2024 thru Sept 2025)
With 'standard' fibonacci extension levels for multiple new (ATH's) all time highs
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
WBT - Bulls Took Over Long-Term ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
📉 As per my last analysis (attached on the chart), after rejecting the demand zone, the bulls took over long-term by breaking above the last major high in orange.
on H4: Right Chart
We are currently in a correction phase.
🏹 Trigger => for the bulls to take over short-term again, for the next bullish impulse to start, we need a momentum candle close above the last major high in gray.
Meanwhile, until the buy is activated, WBT can still trade lower till around 4.3 demand zone where we will be looking for buy setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
RBC - Bulls Taking Over Soon ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 After rejecting the 0.02 round number, RBC has been stuck inside an Accumulation Phase in the shape of a channel highlighted in orange.
Moreover, RBC is forming an inverse head and shoulders.
🏹 For the bulls to take over, we need a momentum candle close above the green zone which would also be breaking above the head and shoulders neckline, orange channel, and accumulation phase for the MarkUp phase to start.
Rubic is a Cross-Chain Tech Aggregator for users and dApps which allows you to swap any of 15,500+ tokens, on & between 40+ major blockchains and 90+ DEXs and bridges in one click.
I like the project overall, so I'll be keeping a close eye on their upcoming news and features that would be the catalyst to pull the price up.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
RBC - Wait For The Trigger 🔫Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 RBC has been forming a wedge pattern in red and now has been stuck inside an Accumulation Phase in the shape of a channel highlighted in orange.
Moreover, RBC is currently sitting around a strong support and round number 0.02
🏹 For the bulls to take over , we need a momentum candle close above the green neckline which would also be breaking above the wedge pattern, orange channel, and accumulation phase for the MarkUp phase to start.
Rubic is a Cross-Chain Tech Aggregator for users and dApps which allows you to swap any of 15,500+ tokens, on & between 40+ major blockchains and 90+ DEXs and bridges in one click.
I like the project overall, so I'll be keeping a close eye on their upcoming news and features that would be the catalyst to pull the price up.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
KCS - Wait For The Bulls! ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
KCS is currently stuck inside a range in the shape of a rising broadening wedge pattern in red.
Now KCS is approaching the lower bound of the range.
As per my trading style:
As KCS approaches the lower red trendline, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
🏹 Long-Term
For the bulls to over from a long-term perspective, we need a break above the range upward.
Which scenario do you think is more probable and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
🥇 GOLD A wedge is formed. Resistance breakthrough Gold closes inside the wedge format range. In an uptrend, whales could potentially be set to break wedge resistance
TA on a high timeframe:
1) Trend bullish. Lower right chart: gold is consolidating above the February 1960 high - price is in the green zone
2) Left lower chart: trend demonstration
TA on the low timeframe:
1) A wedge is forming. The price makes a false breakout of the wedge and heads towards support.
2) Breakout of the interest zone 1965-1962 can send the price down to 1957.
3) The medium-term potential is on the side of the buyers
4) I think the price will rebound from the uptrend support line and go towards the resistance figure
5) In the medium term there is a high probability of a breakthrough of the wedge resistance and growth of the price to 1980 and 2000
RBC - Wait For The Bulls 🏹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 RBC has been stuck inside a range in the shape of an inverse head and shoulders pattern.
Moreover, RBC is currently sitting around a strong support and round number 0.02
🏹 For the bulls to take over , we need a momentum candle close above the green neckline which is lining up with the previous major low.
Meanwhile, until the buy is activated, RBC would be stuck inside a range.
Rubic is a Multi-Chain Swap Protocol which allows you to swap any of 9500+ tokens, on and between 8 blockchains in one click.
I like the project overall, so I'll be keeping a close eye on their upcoming news and features that would be the catalyst to pull the price up.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
OKB - Wait For The Bulls ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
OKB is overall bullish , and now retesting a strong support zone , so we will be looking for buy setups on lower timeframes.
on H4: Right Chart
The bulls took over by breaking above the last green high, and now we are in a correction phase.
🏹 Trigger => for the bulls to take over again, to start the next impulse, we need a new high to form and then a break above it. (projection in purple)
Meanwhile, until the buy is activated, OKB can still trade lower till the 37.0 support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
KCS - Long-Term View! 🔍Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart), we were looking for buy setups around the 5-6 support zone.
KCS rejected the 6.0 support zone and traded higher.
🏹 For the bulls to take over long-term , we need a break above the last weekly major high in gray around 11.5
Meanwhile, if KCS retests the 6-7 support again, we will be looking for new short-term buy setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
What are the ways to profit from choosing an exchange wisely?Previously, we wrote about the free bonuses that exchanges provide us and how they ensure the speed of transactions and minimal slippage . In this idea we will talk about the interface of exchanges, the terminal and what are the main types of orders that should be on any terminal nowadays.
An interface of a cryptocurrency exchange should be user-friendly. We won’t use any product or service which repels us by its “packaging” on first impression. So let's check the most common mistakes and so called red-flags that exchanges make in their interface:
Cluttered Interface. This can make it difficult for us as users to navigate the exchange and find the information we need
Poor Navigation. If we can't easily find what we're looking for, we're likely to become frustrated and leave the exchange. It's important for exchanges to have clear and intuitive navigation
Lack of Mobile Optimization. You have already known all the importance of mobile-optimized interface. (Mobile devices were responsible for 43% of all cryptocurrency transactions in 2022)
Confusing Terminology. Cryptocurrency can be complex, especially for newbies. It's important to use clear and simple language to help everyone understand the exchange
Slow Load Times. Finally, slow load times can be a major issue for cryptocurrency exchanges. If we have to wait too long for pages to load, we are going to live very soon
In a current market with many “players” it's hard to get a user with only a quality design and interface and here we come to another important point for traders - types of orders and options for it . It is important to have many different types because it allows us to execute trades in a way that best suits trading strategy and risk tolerance. Here is the list of the most popular and in the meantime significant ones:
1. Market order: buy or sell a given instrument at the market price. The price for these types of orders is defined as the best price available on the market at the point of time the order is being placed. Since the price changes constantly, the total price and fees are provided as estimates rather than exact values.
2. Limit order: execute a trade at a specified price or better (limit price). A Limit order to buy would be at the limit price or lower, and a Limit order to sell would be at the limit price or higher.
Subtypes of limit orders:
Good-Till-Cancelled - lasts until the order is completed or canceled.
Day - automatically expires if not executed on the day the order was placed.
Good-Till-Date/Time - automatically expires at the specified date and time.
Fill-Or-Kill - must be executed immediately in its entirety; otherwise the entire order will be canceled
Immediate-Or-Cancel - must be executed immediately. Any part of an IOC order that cannot be filled immediately will be canceled.
3. Scaled orders: you can set multiple orders at once. This lets you implement the most sophisticated trading strategies with ease. For example, if you'd like to consistently sell portions of some currency in case its price is increasing. Usually, you would have to create a whole lot of sell orders manually, specifying the desired amount, and the price each time. With Scaled orders, you can noticeably speed up this process.
Now a little bit about options:
A Stop-loss option on your orders helps with minimising risks attached to trading. This option is available for Market and Limit orders with a preselected Stop option, which ensures that your order will be placed as soon as the price reaches a certain value, called the Trigger price.
A Take-profit option on your orders helps with consolidating your gains from trading. This condition is available for Market and Limit orders with a preselected 'Stop' condition — a condition that ensures that your order will be placed as soon as the price reaches a certain value, called the Trigger price.
A Post only option ensures that your limit order will be added to the order book and not match with a pre-existing order. If your order would cause a match with a pre-existing order, your post-only limit order will be canceled. The 'Post' only option guarantees that you will pay the maker fee and not the taker fee unless matched with a hidden order.
A Reduce only option enables you to create buy and sell orders meant to reduce an existing position without opening an opposite long or short position worth more than the current value of your leveraged assets. This essentially means that you will not be able to execute more than the size of your position, allowing you to trade without risking over-exposure of your assets.
In conclusion, it’s crucial for you to choose exchanges that have a user-friendly interface and a variety of order types. It can help execute trades more efficiently and with greater precision, leading to a better overall trading experience.
Thanks for reading! Write in a comment what other important points you pay attention to when choosing an exchange
Behind the scenes of exchanges. Speed of orders and slippageHello guys. Today we are sharing with you an idea about the impact of order speed and slippage. Why is it important and what exchanges could do to provide us with the best solutions?
First of all, fast order execution is essential for those of you who are looking to take advantage of market opportunities in real-time. If orders are executed too slowly you may miss out on profitable trades or be forced to accept less favorable prices. Unpredictable slippage can lead to unexpected losses, which can be particularly damaging in volatile markets.
On the other hand, high-speed trading can also increase the risk of market manipulation and other forms of unethical behavior. Traders who are able to execute orders more quickly than others may be able to manipulate prices in their favor, leading to unfair advantages and potentially harming other market participants.
What do exchanges do to ensure the best speed and lowest slippage?
1. Orders speed:
Exchanges make use of a combination of advanced technology and strategic partnerships to offer fast order execution. They are using high-performance servers and optimized software to process orders quickly
Some exchanges use machine learning algorithms to predict market trends and react to market movements more quickly. By analyzing large amounts of trade data, these algorithms can identify patterns and make predictions about future market conditions. This allows exchanges to offer faster and more accurate trading services to their users
2. Slippage
As we all know, slippage refers to the difference between the expected price of a trade and the actual price at which the trade is executed. To minimize slippage on orders, exchanges can use different strategies:
Employ advanced order matching algorithms that can quickly and accurately match buyers and sellers based on their preferences and available liquidity. These algorithms can help to reduce the likelihood of trades being executed at unfavorable prices, which can help to minimize slippage
Exchanges provide users with access to a deep liquidity pool. This can be achieved by partnering with market makers and other liquidity providers, who can help to ensure that there is always a reliable supply of buyers and sellers for each currency pair.
And last but not least, exchanges offer users the ability to place limit orders, which allow them to specify the maximum price they are willing to pay for a particular currency. This can help to minimize slippage by ensuring that trades are only executed when the desired price is available.
So what was the main purpose of this idea? To reflect the importance of transaction speed and slippage on exchanges, because the outcome of transactions and their convenience for us as users directly depends on it. If you want to make a profit in this market, you should understand exactly what exchanges are doing to give you the best options. With this knowledge you are able to choose exchanges to trade with more wisely.
Thank you for reading, don’t forget to check the links below. Check the speed of transactions and slippage on our terminal, as we are constantly working on it! We are ready to drop you some bonuses for testing our platform and sharing your feedback! Contact us here on TradingView or any other way that is convenient for you
BITCOIN : Btc Rising Wedge patternBINANCE:BTCUSDT
Bitcoin went up from 20k to 28k in few day's without proper correction
Now price seems overbought and it needs to cool down price action a bit
Price is trading in rising wedge , rising wedge is bearish reversal pattern
Price after breakout can drop down to pivot level of 26k mark
50 ema will also join pivot point after 12-16 hour's
❤️ Please, support my work with follow ,share and like, thank you! ❤️
OKB Trend-Following Setup ↗️ Analysis #19/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
OKB is overall bullish, and now retesting a strong demand zone, so we will be looking for buy setups on lower timeframes.
on H4: Right Chart
OKB is bearish from a short-term perspective trading inside the red channel.
🏹 Trigger => for the bulls to take over, we need a new high to form and then a break above the upper red trendline and red zone.
Meanwhile, until the buy is activated, OKB can still trade lower till the 37.0 support or even break it downward.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich