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Bitcoin (BTC) in No-Trade Zone, Approaching Critical LevelsCurrent Market Situation: Bitcoin (BTC) appears unstoppable as it heads towards the crucial $60,000 zone. No-Trade Zone: BTC remains in a no-trade zone, with potential triggers only occurring at key extremes. Key Levels to Watch: Upper Extreme: $60,000 Lower Extreme: $53,500 Trading Strategy: Wait for BTC to reach either the $60,000 upper extreme or the $53,500 lower extreme before considering any trades. Stay patient and watch these levels closely! 📈🚨 #Bitcoin #BTC #Crypto #MarketAnalysis #TechnicalAnalysis #Cryptocurrency #Trading #SupportAndResistance #NoTradeZone #KeyLevels
by Richtv_official
ETH BE Careful Here. This could go either way. I feel with the merge coming it wants to go to the next level but also know that is how a lot of people are also thinking. So this is be a very big decision point for Ethereum. Don't want to be on the wrong side of it for sure, A lot of over leveraged longs opening which concerns me. I know I would not buy spot at this price personally so I can't imagine anyone that isn't FOMOing is either. So who knows for sure FOMO is a powerful and profitable thing.
by Z3R0-G3N3S1S
1
BTC 15.12.22 (Short Term)I'm waiting for BTC to make a double top before it continues to fall, I hope this happens. The rate hike was already priced in, so it didn't have a positive or negative effect. There is a possibility that with the volume falling towards the end of the week, BTC may come to 18500$-18600$ and decrease. Of course, this is an optimistic scenario and I have indicated it in green. The pessimistic scenario in red is that the journey toward the new bottom has already begun. I marked the area I want to enter short on the chart. What I write here serves as a note to myself. Does not include investment advice.
by BarbarKalyon
CRV 4.12.22 The suitable short position for CRV is as I have indicated in the chart. There seems to be a small bullish opportunity for Bitcoin in the short term, and when that happens, the CRV will follow. Should the CRV break its turquoise downtrend, it will be necessary to watch out for volume. Usually, when it breaks the trend, it makes a small rise for liquidity cleanup. Therefore, it is necessary to watch the hourly and 4-hour volume candles carefully when the CRV price hits the $0.84-$0.898 price zone. It should not be forgotten that closing the candles is important , not the candlestick. What I write here serves as a note to myself. Does not include investment advice.
by BarbarKalyon
3
BNX 23.11.22 (4h)It dropped sharply from the $161 level I mentioned in my previous review and came to $135. He gets a reaction from there and tries to enter the channel again. 4-hour closes above turquoise should be carefully examined with volume candles. We have 2 scenarios ahead of us. In such a case, the scenario with the red arrow may be valid in such a case that it cannot gain enough volume to hold in the channel and is pulled back to the first support point . If the volume increases and the 4-hour closes are solid above the turquoise line , the green-colored scenario could be realized. I did not close the shorts I opened, I want to put a stop to the profit and see where it will go. I will close part of the position every time it hits the green box. It should not be forgotten that BNX has an extremely high price compared to the market. Also, closures above the white line can take us to the second short point, so be careful. What I write here serves as a note to myself. Does not include investment advice.
by BarbarKalyon
6
Solana (Long Term)The negativities continue in the Solana network. They are not making enough profit. I have marked the levels to be followed according to the general market situation on the chart. Unless a mini rally comes , it seems impossible for the fader to reach the $25 level for now . If it wins the $17 threshold, I think it will quickly move to the $20-21 region, and I am certain that the price will decrease again with the next sale. What I have written so far is valid if the general market goes positive . However, if the current situation continues , a decrease in the wilting is inevitable. If it loses the 9.98 support , it is highly likely to reach $6. Considering the possibility of the project crashing , I'm considering buying some spots at $6 . What I write here serves as a note to myself. Does not include investment advice.
by BarbarKalyon
BTC 23.11.2022I think that the current prices of BTC are not suitable for trading . For spot purchases, the $13300 and especially the $10000 price level are ideal places to buy BTC. Also, I think the $19000-19200 range is the maximum that BTC can go through in a possible mini-rally . According to my expectations, BTC will continue to fall without exceeding 19200$ levels and will accumulate between 13000$-15000$ levels for a long time. Afterward, it will come to the levels that are the bottom of the rising trend and make the last liquidity cleaning and the new bull will start. This is, of course, a process that will take months. What I write here serves as a note to myself. Does not include investment advice.
by BarbarKalyon
1
What makes trading different from gambling? [No Trading Zone]#Notradingzone #Tocademy #PrincipleTrading #Confluence Hello traders from all over the world. Observing thousands of retail traders during my lessons, lectures, and consulting, I realized that a lot of novice traders in contemporary market have some bad trading habits. Especially if you are a daily trader or scalper who usually take small and many short-term trades, please pay attention! Someday in the future, hopefully, you will eventually realize that the best and most ideal position in the world is to take neutral position. What I mean here doesn't imply that you should not trade at all and rest the whole time. After entering this world of trading, within the process of becoming a mature trader there is a time when you realize the power of the TA(Technical Analysis). Once you start to practically utilize what you have studied and even see how the numbers on your account grow, you literally become mesmerized. This magical thing called ‘Trading’ would feel like the ONE you have been searching for the whole life. I know, calm down! It feels great when the price reacts to the lines and indicators you have drawn and put on the chart by yourself. In this particular stage, I see many traders sit in front of the monitors or watch their smartphones all day long, being addicted to trading. Well, here’s a truth that I deducted through years of my trading career and the data that I have researched; addictive traders hardly become successfully. Always remember that our ultimate purpose of trading is to solely make money, not just for fun. Of course, making money would be fun but for some of you, the priorities of these two are switched. Before you even notice, you might find yourself gambling rather than trading. Now put your hands down, close your eyes, and think for a minute. Are you anxious when you are not in a position? Do you frequently regret that you closed your position too early? Do you become angry when you miss big long or short? Are you so urgent to recover your loss as soon as possible? Does trading disturb your primary work? (Hard to focus both, isn’t it?) Does trading masses up your lifestyle and relationship with people? If you replied ‘Yes’ to majority of the questions, please cancel all of the pending orders right now, turn off the chart, get some rest, and forget about trading just for a while. I understand more than anyone that you are full of desire to chase all these micro trends or minor waves in 1 minute chart. Especially those who are trying to recover all the losses you made this week ASAP, before you encounter a bigger loss, trust me, take some time, and cool your head. I am sorry to say but you might be more of a gambler than a trader right now. Sure, there would be few that still do fine with all those conditions but if you eventually keep ending up bad due to excessive entries or lose entire seed at one cue after series of consecutive wins, your addiction might be interfering your judgment. Irrational trading decisions are the biggest risk that human traders have to face and restraining our emotions during trading is integral. (Please click the image/link below for details) As the image below indicates, since we humans cannot perfectly control our emotions every single day, the total number of trades and the net performance are not always proportional in a short-term period. In other words, spotting thousands of entries in a single day does not always lead to daily accumulative profit. Not only you pay high transaction fees, but your physical and mental exhaustion can lower your concentration seducing your irrationalized perceptions to break your trading principles. Accordingly, the more excessive amount of time spent looking into the chart, the more likely our logical sense becomes numb and vague which can easily cause FUD and FOMO. Researches have shown that the relationship between the entry rates and the performance (per certain period of time) of retail traders is averaged out as a curved shape with a local maximum coordinate. This peak point implies the ideal amount of profit and entries of a trader. It would be different for each trader depending on their preferences, capabilities, and other circumstances. For instance, 3~4 entries and $10,000 profit per day might be ideal set or oriented goals for some traders, while 10~15 entries and $100 profit per day might be those for other traders. Hence it is important for us to figure out each of our own boundary and refer to it when designing strategies and PnL first of all. Therefore, a well systematically designed strategy that can effectively weigh and quantify technical signals based on the scientific and reliable evidences must be adapted. Once validities of each are scaled, we would be able to comprehend which signals are relatively more reliable than others. Shown on the main image above, even though entering a 80% credibility zone will provide low entry rate, higher RR ratio and win-rate can be achieved. We need to train ourselves to be able to call “No Trading Zone” when the identified trends and derived price action zones do not meet the minimum standards of our own. Some of the talented and successful daily traders I’ve met are not very much different from most of us here. They analyze the market and design trading setups just like we do. If anything, that made them superior, they have a proficient sense for spotting the “No Trading Zone”. They are amazingly good at consistently stepping aside if the signals are not reliable enough or do not meet their standards. They know time is on their side and they wait in patient. It's just simply deciding whether to take certain trades or not, filtering out some of less potential entries and maintaining no position when they are less convinced about the signals, but these tiny differences ultimately result in a huge difference in performances. Investors who trade with technical charts like us can measure the credibility of signals based on the confluency of technical signs and indicators. Here are two traders: trader A and B. Trader A considers eight signals (techniques, indicators, and theories). For example, trader A observes volumes, trendline, Fibonacci levels, moving averages, Bollinger band, Ichimoku cloud, RSI, Stochastic, and Elliott wave theory. Trader A won’t enter position unless majority of those signals are giving signs simultaneously relatively at the same price and time. On the other hand, trader B only considers trendline and moving averages. If only one of the two gives a signal, trader B enters immediately. Which trader would be more successful? Even though entry rate is low, trader A would be able to secure higher RR ratio and win-rates because the trends and price action zones that trader A has deducted through TA are more reliable than those deducted by trader B. As mentioned, Confluence Zone is an area where multiple technical evidences overlap at the same price or time period. In TA world which is 2-dimensional, a price action zone would be expressed with a dot, a line or a box. When multiple indicators signal certain trends and PRZs both in price and time wise, we need to keep our eyes on those coordinates. We as a trader, need to utilize these confluence zones which indicate major price range within certain time period, to design trading setups. The more overlapping elements there are, the higher RR ratio and win-rate we can secure. And this is what makes gambling different from trading. Both of us fight with numbers, but we can control that numbers while gambler cannot manipulate the RR ratios and the win-rates they are given. Thanks for reading my post. I will see you guys next time! Your subscriptions, likes, and comments are the greatest motivations for me to write more posts!
Education
by Tommy_Trader
4
Quick Update on BTCHi Guys Here is 2 things The first is the minor CME gap at 18850 where the 50 EMA is located maybe btc will test first it and if price goes up from here then we can open short position from there. The second is big CME gap was at price 17k and the 200 EMA is also located which is strong support area if btc goes down from here and then we can open long position from there. So no trade zone ATM I will share complete details soon about Mt.Gox is selling their btc please like and follow and leave your comments Thanks
CME:BTC1!
by cryptossking
6
USDJPY - What is the current Market Situation?Hi Traders! The market is in a (weak) Downtrend. Let's begin with the daily Timeframe: As you can see we here have two main things to consider: 200 EMA The price is moving under the 200 EMA. That means that the average price of 200 days is contantly falling. We should use this information and establish to only take Sell-Trades. Daily Trendline Even the market is falling, it is making higher lows and that's shown by the Trendline. For Longterm Traders: You can get that as an opportunity. When the market breaks below the Trendline, there is no more "strong" Support which can hold the bearish pressure back. That's why it'll fall with more price action. So much for this Timeframe. Here is the next one (H4): Here we drawed an orange box. It is showing the neutral area. The strength of the bulls and the bears is equal. In addition the Daily-Trendline and the H4-Trendline is crossing. Now we move to the last part of this idea. Here is the H1-Trendline: The market is at the moment in the middle of the Neutral Area. Don't forget that we're only looking for Sell Trades. From our Point of View, there isn't an ideal Setup yet. We're waiting for the bearish break of the orange box. A potential Trendline-Break could be one possibility. We hope, you now know in which situation we're here in. We recommend to trade outside the "Neutral Area". Thanks and successful Trading :)!
Short
by swissmoneymakers
#bitcoin - no setups on H1Good morning guys, the two recent setups with NeruSuite have been playing out nicely on the matching Pivots, both being cut off at the SMA100. Since then we could not validate the inverted Head and Shoulders and got now stuck in between Weekly and Monthly Pivot. I am going to remind you, that it happened also when we were experiencing the sideways between $7.6k and $8k, after that, we did break up. We also came out of a consolidation, so I am simply wondering if we keep accumulating for a little bit. This weeks pivots are currently perfect matches to the break levels and it is useful to wait and see where we are heading, you don´t have to make that decision now. There are still enough % left if you waited for a direction. _____________________________________________________________________________ No financial advice. NeruSuite v5 - advanced technical analytics tool. #dyor
BITMEX:BTCUSD.P
by Gl4diator
Bitcoin Daily Update (day 280)I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1 month. What you do with your $ is your business, what I do with my $ is my business. For a variety of reasons I no longer believe that $2,718 will be the bottom of the 2018 Bitcoin’ bear market. I am now very confident that we will return to $1,000 before finding a bottom. That is due to Tyler Jenks’ hyperwave theory and the Point of Control on the Visible Range Volume Profile with > 2 year look back | Calling for $35 ETH before the end of 2018, however I do not believe that will be the bottom. Strongly expect ETH to return to single digits before the end of 2019 | Calling a top in the S&P 500 at $2,634 Previous analysis: “I am still neutral / in a no trade zone however I am starting to lean slightly more bullish.” Position: Short ETH:BTC 0.03109 | Short EOS:BTC from 0.0008057 | Short ADA:BTC from 954 sats | Short LTC:BTC from 0.00778 | Short XRP:BTC from 8710 sats Patterns: Potential down trend | Hyperwave Horizontal support and resistance: S: $3,370 | R: $3,600 BTCUSDSHORTS: Pulling back but wouldn’t call that a short squeeze. Watching to see if it turns prior down trend into support Funding Rates: Longs receive 0.0518% Short term trend (4 day MA): Close above and turning up = bullish Medium term trend (9 day MA): Close below, trending down and acting as resistance = bearish Long term trend ( 33 day MA): Bearish Overall trend: Bearish, showing first signs up reversal Volume: Nothing impressive Candlestick analysis: Solid bullish candle that confirmed the reversal dojis Ichimoku Cloud: Today it was brought to my attention how much more effective the cloud can be with traditional settings by my boy David Puell a/k/a @kenoshaking. I must say that I agree so far. There is currently a C Clamp with the Kijun-Sen lining up with my long term MA and the Tenkan-Sen lining up with my medium term MA. May not mean much to you but is eye opening to me since they are both illustrating the same trend and resistance levels. Makes me think about applying principles of Consensio to the Cloud. Was also just commenting on how useless the cloud becomes when markets are moving, and that doesn’t seem to be the case with traditional settings. TD’ Sequential: G1 coming off a r8 Visible Range: 1 month lookback shows high volume nodes from $3,600 - $4,400 Price action: 24h: +3.3% | 2w: -12.1% | 1m: -44.6% Bollinger Bands: MA is trending down and waits at $3,875 Trendline: Starts at the top of 11/29 and connects to the top of the current candles wick Daily Trend (Using 1h 33 MA to identify daily trend): Bullish Parabolic SAR: $4,243 RSI: Broke back above 30 still in nice bull div Stochastic: Double bottom buy. View this as a much better signal than normal. Incoming on 3d is an even stronger signal. Last Day Rule: Setup day for bulls is $3,214 | Setup day for bears is $4,440 Summary: It can be frustrating when things are so neutral. However this is a great time to practice patience and potentially focus on other markets. I called a top in the S&P 500 last Friday and I am extremely interested to see what happens next week. Furthermore some alts continue to be very tradeable. There was an entry triggered today on XRP at 8710 sats and that has immediately started moving in my favor! Bullish Case High volume reversal candles confirmed with today’s candle. The stochastic is very bullish. The daily Ichimoku Cloud (traditional settings) has a C Clamp. The TD’ Sequential just had a price flip after a red 8. The daily RSI is in a very significant bull div’. Bearish Case Potential new down trend forming that the current candle is wicking off. It is also in confluence with horizontal resistance and the 9 MA which is full bearish. I am not considering a long until there is a daily close above $3,700. Even then I don’t think I will be in love with the risk:reward.
BITMEX:BTCUSD.P
by Sawcruhteez
1
Bitcoin Daily Update (day 275)I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1 month. What you do with your $ is your business, what I do with my $ is my business. My recent Bitcoin Bubble Comparison - 3 Day Chart led to the following calls: < $5,750 by 11/15/2018 & my prediction for the bottom is $2,718 by 1/20/19 | My Bitcoin Bubble Comparison - Monthly Chart closely mirrored my price and time targets | Calling for $35 ETH before the end of 2018. Previous analysis: “we appear to be creating a new bear trend and I am feeling skittish . Moved my stop to breakeven well before my guidelines suggest.” Position: Short ETH:BTC 0.03109 | Short EOS:BTC from 0.0008057 | Short XRPBTC from 0.00009434 | Short ADA:BTC from 954 sats | Short LTC:BTC from 0.00778 Patterns: Bear channel (4h) | Is that a 4h c&h off the bottom of the channel? Horizontal support and resistance: S: $3,70 & $3,858 | R: $4,035 BTCUSDSHORTS: After closing outside trend resistance we quickly retracted > 50% and closed back below which is a strong indication of a trap. Funding Rates: Longs receive 0.0352% Short term trend (4 day MA): Price close below + sell signal with 9 MA Medium term trend (9 day MA): Two candles closed below but 9 is still trending up Long term trend ( 33 day MA): Trending down Overall trend: Yet again the short and medium are having trouble making up their mind while the long is in a serious bear trend. Indicates no trade zone for me and suggests that we will range in a Wyckoff manner for another 1-2 weeks until we retest the 33 MA around $4K. Volume: Seems to be more buyers than sellers < $3,800 and more sellers than buyers > $4,000. Another indication that further consolidation is necessary. Look at the weekly selling volume! 2nd only to the selloff on Feb 4th. FIB’s: Using top of Nov 12th and bottom of Nov 25th) 0.786 = $4,056 | 0.618 = $4,558 | 0.5 = $4,909 Candlestick analysis: Bullish spinning top Ichimoku Cloud: 1h cloud is very interesting to me, showing thick resistance from $3,900 - $4,000. Makes me wonder if you could make a similar indicator for support to indicate which is thinning out faster. Ex: cloud on top and cloud on bottom. Used for ranging markets, while the traditional cloud is only useful in trending markets. TD’ Sequential: Daily & weekly r4 Visible Range: High volume node from $4,000 - $4,600 holding as resistance. Surprised we haven’t fallen through the gap down to $2,977 Price action: 24h: +1.28% Bollinger Bands: Last two candles are entirely below the bottom weekly band. Daily MA as coming down fast and may provide resistance before my 33 MA. Trendline: 4h channel we looked at yesterday is holding as support and so far price is resisting somewhere around the median instead of retesting the top end. Daily Trend: (Using 1h 33 MA to identify daily trend) Turning up after price was reluctant to stay below. Was bearish for 2 days and appears to be turning around Parabolic SAR: $3,586 RSI: Could be finding support at 30. Also could be creating a h&s. Stochastic: Did a great job yesterday crossing bullish when we selling off. Last Day Rule: Trigger day for bulls: <$3,476 | Trigger day for bears: > $4,430 Summary: Yet again the short and medium are having trouble making up their mind while the long is in a serious bear trend. Indicates no trade zone for me and suggests that we will range in a Wyckoff manner for another 1-2 weeks until we retest the 33 MA around $4K. I will also be watching the Bollinger Band MA to act as resistance before the 33 MA is able to. When the price gets choppy after a selloff and works it way towards bearish trending MA’s then high probability positions can usually be found. My guidelines triggered a full short entry with a close below the 4 MA, 9 MA, 33 MA & a bearish crossovers with all of them. However the stop loss was not favorable and I still think it is two early. I am watching for continued chop and will hope to enter at a better price, better risk ratio or hopefully both. A good example is the current ADA setup. Broke down a descending triangle, formed a bear flag / channel as it cleanly retested. Consensio just signaled the same full entry is outlined above in Bitcoins close. Today is also a red 2 that quickly fell below a red 1. It also appears to have broken down a key psychological level of 1,000 sats. All that being said I could be wrong on both accounts. It impossible to know / control the direction or timing, However it is possible to know and control the pot odds.
BITSTAMP:BTCUSD
by Sawcruhteez
2
This Coin is A Joke! $BITB $BEANYou can buy the coin for gambling, way safer but longer than in Vegas. I wish you can read the chart as speculators if you buy this one. MEH. - non existence of twitter official account - bad looking website - 50 billion total supply - bad name - no marketing - not interesting project - sounds like a joke without even try rather than blockchain project. - at least if you wanted to scam / make people waste their time y'all give some interesting one ************************************************************************* If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot! ------------------------------------------------------------------------- www.tradingview.com Rules: #1 Always obey tradingview.com house rules #2 Always read the description #3 Don't spam on the comment section #4 If you wanted to request my opinions about a coin/token just give 10 likes on my published charts and I will do it the day or two after #5 My opinions are not financial advice, follow it at your own will and your own risk #6 Together, let's build a better community on this platform -------------------------------------------------------------------------
B
by blockchaindedi
2
Patience all - no trade zoneHello, Gonna make this pretty quick again, I have been stopped out for about a ~$100/btc short profit. I was not expecting the drop to be so weak. $6,000 is really being difficult. So, I am just going to wait for an indication. I recommend you do the same. There are a lot of leveraged shorts, and so that has me concerned. This feels a LOT like the one short squeeze we had in may or something like that. It had me surprised, but I was ready for it as per my strategy. I wrote an educational post about that, you can read it here: Be careful out there people. It could go either way - so hold what you are most comfortable holding. Might be bitcoin, usd whatever. Good luck, -YoungShkreli
BITFINEX:BTCUSD
by CantorTechnologies
4