Hi traders, Its been a while I haven't posted on trading view, so I thought of sharing my analysis on BTCUSD. The chart tells me that we are heading for a small bearish correction, with the first target of $9100 , then to $8800 .
Traders are usually divided into three different classes: First. Those who operate on what they hear. Second. Those who trade based on solid facts. Third. Those who base their commitments on supply and demand. In this story, we will look why traders who follow the news or analyse fundamentals usually end up blowing their accounts and the most successful class of...
Hi fellows, Hope the above chart is clear enough. - Abdulla
Hi fellow traders, Here is another educational post on trading ranges, I would like to listen to your judgment points if you have any more to add to the above. So would you long or short this trade? I will keep my answer for later ;) - Abdulla
Hi Fellows, Wyckoff once explained the characteristics you need to have to become a great trader. You must perfect yourself in clear thinking, quickness, and accuracy of judgments. Richard Wyckoff concluded that the losers are principally those who trade on what they hear, as well as those who work on facts or what they think are facts. The most successful class...
Hello traders, I have been thinking about this for the past few weeks, and I finally decided that I won't be posting anymore. Its been an incredible journey on Tradingview and I would like to thank everyone who has supported me through this journey. So why am I not posting? As my followers and views kept growing, so as the responsibilities. A lot of my...
Hi fellows, I hope everyone had a profitable week and enjoying the weekend. Here is an educational post that I would like to share and I hope its helpful. There is Something we always tend to forget, and this is, to trade with the trend! I posted this educational chart almost one year ago, and it has been performing amazingly well. Previous post from June...
Hi traders, Here is an update on Bitcoin price analysis. Bitcoin created both a higher high and higher low which both are great signs of a reversal. However, it has failed to keep trading above the supply zone (resistance). Bitcoin is now giving it a second attempt, keep a close eye on it. Best of luck, Abdulla
Hi traders, Below two main indicators that will help you identify a trend change. 1. Higher highs, Higher lowers - Current resistance ( supply zone ) is at $9400. 2. If Bitcoin reaches the supply zone, a small correction (such as a bullish flag ) is welcomed, otherwise not so good. ** Moving Averages won't work at this current stage. #Part 1 Best...
Dear traders, Here is an update on Bitcoin price analysis. We are currently trading above the support level which is great. Once we get a breakout from the defined area (grey line) Bitcoin will resume its trend! More on Bianace hack from CEO of Bianace on twitter. 6 hours ago: " Binance has reversed all irregular trades. All deposit, trading and...
* Bitcoin is in a bullish trend, so an uptrend will be stronger than corrections. * Print this. Let me know if you have any questions. Regards, Abdulla
Hi! I get questioned a lot of the type of trading analysis I use and what are my methods when conducting an analysis. To answer this question, its a combination of three: 1. Wyckoff Method 2. Price Action 3. Volume Analysis So who is Richard Wyckoff? Richard Demille Wyckoff (November 2, 1873 – March 7, 1934) was a stock market authority, founder and...
Hi traders, I have assumed that we will see a small correction before Bitcoin resumes its bullish move, however, the bulls were stronger! Here is an update on Bitcoin's trading channel and a possible cup and handle classical pattern (bullish). If you are looking for Bitcoin's master plan, check this idea out: Best of luck, Abdulla
Hi traders. Here are my thoughts on BTC using Elliott Wave Theory. I'm still Bullish on Bitcoin, but I we need a small correction for Bitcoin to gain some momentum. I'll update the idea once we get more information to the end of the correction. Best of luck, Abdulla
Hi traders, here are some of my top favorite quotes that I'd like to share. #repost 1. “Money is made by sitting, not trading.” – Jesse Livermore 2. “Throughout my financial career, I have continually witnessed examples of other people that I have known being ruined by a failure to respect risk. If you don’t take a hard look at risk, it will take you.” – Larry...
Hi traders, I know a lot of traders who are currently in Ripple won't like my idea, but this coin is now in a coma. It will be most active once it starts making actual higher highs and higher lows. Otherwise, it will keep trading sideways. For short-term traders: If Ripple breaks $1.0, it will head to $1.2 Best of luck, Abdulla
Hi traders, Here is Litecoin's Trading Range. Once we get a breakout to the upside, the rally will resume. I strongly believe this is a reaccumulation stage that might take some time to break. Remeber, the longer we trade within the trading range, the stronger the uptrend (after the breakout) will be! Best of luck, Abdulla
Hi traders, Here is Ethereum Trading Range. Once we get a breakout to the upside, the rally will resume. I strongly believe this is a reaccumulation stage that might take some time to break. Remeber, the longer we trade within the trading range, the stronger the uptrend (after the breakout) will be! Best of luck, Abdulla