SHIBA INU/USDT 1D. Daily chart. Middleterm trend - horizontal channel. Price is now being in the support zone of this channel. Symmetrical triangle formed. Price now broke out the resistance of this triangle. Accumulating as for now. Other memes are pumping one after another. Those coins often pump before market local correction. This one highly connected with...
Today, I am going to try something different. Let's make a Bottom Bounce Indicator. What is a bottom bounce? Bottom Bounce is a move I saw when analyzing a massive drop. The move caught my eye and has become a staple in how I find and catch a falling Knife. I have my weaknesses and demons just like anyone else. I am severely impatient and extremely an emotional...
KINTSUGI/USDT 1D. Secondary and main trend. Polkadot ecosystem coin. Spectating this coin for quite a while. Since the beginning of the year we saw quite an accumulation which lasted about a year. It's marked as green rectangle on the chart. In this accumulation there were 2 clear price movements(accumulation then pump). Then, with the marked(as it's no...
Plan: Create a clear plan before entering a trade, including entry and exit points, risk management strategies, and profit targets. Manage: Manage your risk carefully by using stop-loss orders and limiting the amount of capital you risk on any one trade. Be patient: Wait for the right opportunities to present themselves and don't rush into trades without proper...
If BTC loses $29K support, where will the bottom form? If previous major resistance tends to become future major support, then to predict BTC's bottom you need to determine previous major resistance. Reasoning: - Major future support = previous major resistance. - $10,000 - $14,000 was a strong multi-year resistance area leading up to the most recent bull run. -...
here you can see a resversel sign at this round number area.. and if you look left,soo strong sellers enter the market. but this time onle few sellers entered. so buyer at this area are soo strong. and we are in a major up trend. so i think market will go more up. if you see a bullish engulf candle we can be more confident.
if you look the left there are big buyers entered the market. you can see big big green candles showed up. and major big trend is uptrend. price is moving between two line. so i think buyers will enter the market at least to the red line. if you see big green candle shows up be confident..
Kind of a dumb questions but I just wanted to make sure my emotions didnt out weigh my logic on this one. by iCantw84it 05.17.2021 @SavvyMoneyShow
This Accumulation Process took 1,5 week to prepare for a bullish uptrend. Took out Retail Minded Traders
Wyckoff Accumulation Method played out very strong on NZDUSD. Sign of a strong bullish movment.
I took this entry signal however when the new candle opened price quickly moved down thus changing my SL pips and size. The new calculated size was not the minimum contracts that I can trade -AND- due to the Fear of Missing Out I still entered anyways. I technically forced this setup since it originally met my criteria but I wasn't fast to the gun and the...
Dear trading enthusiast, Price action in the coming days is rather important for determining the overall direction in the coming weeks and months. Looking at the current trend: - Price is contracted in a falling wedge (green) and testing the bottom of the yellow channel. - RSI is printing hidden bearish divergence. I expect to see price brake out upwards out...
Well well, Wall Street (DJI or US30), has defied logic! Whoever said markets are about logic? Not me. This market has surprised me in the way it obeyed 'wedge theory'. It broke out north, out of the wedge - like a bat outta hell! But now it's stalling on the 8H time frame. This has happened before and it was meaningful. I show the price action.
OK, I am mildly drunk making this... I am new to social media lololol My current view on BTC and crypto, BTC is the organic, original form of crypto currency. NO ONE knows what crypto currency is (in an economic and global phenomenal sense) it could become a global reserve currency or it could become simply a "millennial fad." The truth is is has been growing...
Waiting for BTCUSD to hit abandoned supply levels to jump into an overall Bull trend.
Using the Harmonic Mean (Pythagorean Means), we focus on "three values" using the Cross Ladder Problem by drawing the geometric shape - vectored R/S points. These values are taken from the harmonic mean of "B" "A" "h". The calculation inputs are Log Normal, Exponential, and Skewness. (Arithmetic mean gives higher data points that will error your weight);...