ilesanmipepsi

ilesanmipepsi Updated  Apr 18, 2020

Guys pay attention to the pivot points on the above chart. I have derived my calculation from another charting software, an Mt4 to be precise. Take note of the following: 1. Red line - Weekly Pivot Point ( WPP ) 2. Purple line - Weekly Pivot Resistance 1 (WPS1) 3. Black line - Weekly Pivot Support 1 (WPS1) Please, start to put these levels into use from Monday...

ilesanmipepsi Apr 15, 2020

Pivot points are extremely useful tool, especially because they are leading indicators. The available really leading indicators are few. These include, Fib extensions and retracements, some indicators such as Oscillator Predictor and Pivot points. Since they are so few, we should not ignore any of them. They give us a huge advantage, because we know them ahead of...

ilesanmipepsi Updated  Apr 13, 2020

Guys pay attention to the pivot points on the above chart. I have derived my calculation from another charting software, an Mt4 to be precise. Take note of the following: 1. Red line - Weekly Pivot Point (WPP) 2. Purple line - Weekly Pivot Resistance 1 (WPS1) 3. Black line - Weekly Pivot Support 1 (WPS1) If price continued its slide downward, WPS1 would provide...

ilesanmipepsi Apr 10, 2020

I spotted this unique pattern on the Daily chart of BTC/USD, and I think it's nice sharing it with the crypto community. I observed that Envelope cross over the middle band of Bollinger Band from below on 01/07/2020, and the aftermath of this cross over was a massive upward movement in the price of BTC. I also noticed that at the time of this cross over,...

ilesanmipepsi Updated  Apr 9, 2020

Kindly show some love by given my publication a like. Thanks. This idea is suitable for intraday traders, a swing trader might not fall in love for it. I'm expecting $BTC to trade downward on 10/04/2020 to $7,147.6 - $7,100 price area which represent the Daily Pivot Support 1 (DPS1). I will place a sell order at a higher price above the Daily Pivot Point (DPP),...

ilesanmipepsi Updated  Apr 9, 2020

I have observed that majority of the cryptocurrency traders who work for institutions like hedge fund, use the principles of Pivot point in analysing price movement of Bitcoin. I have personally applied these principles as well, thereby giving me an edge in the cryptocurrency market. I therefore recommend that as a cryptocurrency trader or even an investor, you...