Jacob-HowtoTradeCrypto

Jacob-HowtoTradeCrypto

ADA Long entry - Holding significant support at the $1 level conistently, with less volatility day after day. - Daily bullish divergence - Bitcoin volatility slowing down and broke key resisatnmce level to the upside giving ALTS some freedome to move again. - Has respected this channel since early September 2021 - 4H Bullish market structure making higher highs...

Jacob-HowtoTradeCrypto

Don't get too carried away gang, we are still in bear market. If you understand the basics of market cycles, this daily volatility matches up perfectly with the complaicency stage of the cycle. We are starting to see "Complaceny, Anxiety and Denial" An awful lot in the media which results in high emotional volatility as people panic buy and sell. This stage in...

Jacob-HowtoTradeCrypto

BTC is back at a key level on the daily and 4h timeframes. Pulling back to the 61.8 Fib, we are waiting for an entry short to trade the trend, a bearish engulfing or bearh hammer would give us a good entry. Longs are still on hold until the key resistance area market in purple is broken and traded through creating new daily confirmed highs.

Jacob-HowtoTradeCrypto

What is BTC.D? Bitcoin dominance is the ratio between the market cap of Bitcoin to the total market cap of the entire cryptocurrency market. When we compare this ratio to the trend of Bitcoin itself, we can learn more about what opportunities the current market environment offers. 1. As dominance dies, BTC price rises (2017 run) 2. As dominance starts to rise...

Jacob-HowtoTradeCrypto

What will Bitcoin do next? It's been a pretty sad few weeks for anyone hoping to land on the moon any time soon! So whats the plan? Complain about losing or look objectively at the market to find your next opportuinuty? The facts are. 1. Weekly and Daily market structure is bearish , so we are hunting for short trades. 2. BTC is at a very strong level as we...

Jacob-HowtoTradeCrypto

Happy new year team HTTC! We have had a few weeks off to spend time with freinds and family. Last year was massive for us and to be honest we needed a rest! 😴 Back in action now! Currently sat in BTC short since the 28th Dec as per our short 20 EMA strategy and up 13% adding to our 10% in the trade before that. 💪 *Our thoughts* As of this week we have...