Fibonacci — Trend Analysis — TradingView — UK

How I plan to identify and sell the top of the next market cycle.

In this post I will share with you some of the strategies I will use to identify the next market cycle top so I can sell for maximum profits (and of course buy back in later in the subsequent bear market!) In the first part of this post I will discuss the resources I will use and in the second part I will discuss tactics in selling and risk management.

Indicators

As the bull run begins to drag on and the price of ETH starts getting closer and closer to $10k I will begin to start watching many of the data science charts over at Look into Bitcoin. This will not be the only source I will use since there are great custom tools on TradingView too as well as more subjective indicators such as friends and family talking crypto and hearing about crypto again in the mainstream media. I’d also like to note that many of the indicators I will be looking at will be Bitcoin focused despite my ETH centred portfolio. Like it or not, this market is still Bitcoin dominated and despite the many proponents of an ETH flippening (myself included), it is quite likely that we will not see it this cycle due to the macro investing environment favouring assets which are good stores of value to weather the uncertainty. Ultimately, Bitcoin has the best store of value meme in crypto and that will be very powerful in the coming years.
I think it is likely that the time for Ethereum or a network like Ethereum with a yielding asset (ETH under ETH 2.0) and a native economy of DeFi, DApps, NFTs and much more will be once all of the stock market uncertainty is over and investors are ready to take on more risk again. I am of course still expecting Ethereum and altcoins to outperform Bitcoin this cycle. However, I think that Bitcoin losing the number 1 spot will be more likely to happen between 2023 and 2030 rather than in the next 2-3 years. I hope I am wrong though.
While most of the indicators on Looking into Bitcoin are useful, I will list the ones I’ll be focusing on the most here:
And finally my favourite, the Golden Ratio Multiplier. This indicator has been remarkably accurate at predicting tops using the golden ratio (1.6) and the fibonacci sequence (0, 1, 1, 2, 3, 5, 8, 13, 21) multiplied by the 350 day moving average. With each market cycle, the 350 day moving average is multiplied by the next number down in the fibonacci sequence. For example, the 2013 peak only just passed above the 350 day moving average multiplied by 8 and the 2017 bull market just touched the 350 day moving average multiplied by 5. So if this indicator is to work in the next cycle, we can expect the price to slightly exceed 3 times the value of the 350 day moving average. This indicator also worked for Ethereum in the 2017 bull run. While there is no graph for it, on the 13th of January, when ETH hit a peak of $1,419, the 350 day moving average was at $270. $270 multiplied by 5 is $1,350. If you sold at $1,350 you sold incredibly close to the top and I don’t think that any macro traders/long term traders would complain about that timing.
I’d like to note that while indicators like the Golden Ratio Multiplier factors in for less explosive growth each cycle, not all of the above indicators do. So be cautious of this when you think the peak is near as it may be closer than you think. In saying that, there is a lot of luck involved so I should also point out that it also might not be closer than you think. However, it would be better to sell before the peak at say $10,000/BTC as of 2017 than to be left holding all of your crypto when the bear market begins since Bitcoin didn’t spend much time above $10,000/BTC after the $20K peak. Ultimately it is up to you to decide your risk appetite and how well you want to try and time the market. For me, I will definitely be on the conservative side so that I don’t miss the boat completely and hopefully I will be able to sell most of my crypto just before we peak rather than afterwards.

Risk Management

Since timing the top requires a lot of luck, a good method of mitigating the risk is to spread out when you sell. I’m going to share with you my personal strategy but I recommend that you create your own strategy or use this as a basis from which you can use to adjust and tweak it to optimally suit your situation. If you have a large stack, you will probably want to sell early since you might not need such spectacular gains to lock in some life changing money. On the other hand, if you have a smaller stack or if you are younger, you can afford to take more risk and might want to try and time the absolute peak a bit better to get that much closer to making some life changing money. Personally, while my stack isn’t very big in dollar terms, it is a significant % of my net worth and so I don’t have a high risk tolerance with it (at least relative to other people in crypto!) For this reason I will be selling a little bit on the early side.
My plan has three pots of crypto. 20% of my crypto I will hold indefinitely since I very strongly believe in the long term prospect of ETH and BTC as investments. This way if I time the markets terribly, I will always have some skin in the crypto game. The second pot of crypto is 40% which I will sell on the way up to take some profits and I don’t intend on putting this money back into crypto. Initially I will be selling very small amounts of this 40% and as the indicators listed above get closer and closer to calling a top, I will sell larger proportions of this crypto. I haven’t set specific target numbers since things change fast in this space and I feel like the best decisions in this case are made in the moment. For example, estimating a market top is hard when it is 2-3 years away, but it is much easier when it is just months or weeks away. Once again, this is just personal preference. Many of you will find that setting targets now makes it easier for you to pull the trigger and take some profits when everyone else is calling $1M BTC while it is at $100K or calling for $100K ETH when the current price might be $10K.
Finally, the last 40% I will sell all at once when I feel like we are at the top and I am confident that the price will be lower a year on from that point in time. With this 40% I will try and buy back during the bear market with the help of many of the same indicators I listed above from Look into Bitcoin. I will also use some indicators which I didn’t mention above since some are better designed at identifying market bottoms. My goal is to be able to buy back the number of BTC and ETH I held before I sold anything with this 40% (plus the 20% I didn’t sell). This is a big ask but it is better in life to set hard goals that seem unattainable or unrealistic than it is to set easy goals.
To summarise my portfolio strategy, 20% of my portfolio is an indefinite hold, 40% I will sell on the way up and I do not intend on buying back into crypto with this money so I can avoid being over-exposed to crypto. The last 40% I will use to try and sell the top and buy the bottom.

Closing Notes

As a closing note I would like to say that it will be important to be aware of the power of greed and FOMO. Do not under-estimate these emotions and try to remain a grounded and rational investor. Don’t be scared to take profits. I know from experience trading altcoins that it is better to exit a position early and miss out on another 100% price increase than it is to hold through a bear market and take >90% losses. If you go into this bullrun telling yourself you will take profits on the way up, you will have no reason to regret any early sales since you will know that you made a rational trade and not an emotional trade.
submitted by Tricky_Troll to ethfinance [link] [comments]

How I plan to identify and sell the top of the next market cycle.

In this post I will share with you some of the strategies I will use to identify the next market cycle top so I can sell for maximum profits (and of course buy back in later in the subsequent bear market!) In the first part of this post I will discuss the resources I will use and in the second part I will discuss tactics in selling and risk management.

Indicators

As the bull run begins to drag on and the price of ETH starts getting closer and closer to $10k I will begin to start watching many of the data science charts over at Look into Bitcoin. This will not be the only source I will use since there are great custom tools on TradingView too as well as more subjective indicators such as friends and family talking crypto and hearing about crypto again in the mainstream media. I’d also like to note that many of the indicators I will be looking at will be Bitcoin focused despite my ETH centred portfolio. Like it or not, this market is still Bitcoin dominated and despite the many proponents of an ETH flippening (myself included), it is quite likely that we will not see it this cycle due to the macro investing environment favouring assets which are good stores of value to weather the uncertainty. Ultimately, Bitcoin has the best store of value meme in crypto and that will be very powerful in the coming years.
I think it is likely that the time for Ethereum or a network like Ethereum with a yielding asset (ETH under ETH 2.0) and a native economy of DeFi, DApps, NFTs and much more will be once all of the stock market uncertainty is over and investors are ready to take on more risk again. I am of course still expecting Ethereum and altcoins to outperform Bitcoin this cycle. However, I think that Bitcoin losing the number 1 spot will be more likely to happen between 2023 and 2030 rather than in the next 2-3 years. I hope I am wrong though.
While most of the indicators on Looking into Bitcoin are useful, I will list the ones I’ll be focusing on the most here:
And finally my favourite, the Golden Ratio Multiplier. This indicator has been remarkably accurate at predicting tops using the golden ratio (1.6) and the fibonacci sequence (0, 1, 1, 2, 3, 5, 8, 13, 21) multiplied by the 350 day moving average. With each market cycle, the 350 day moving average is multiplied by the next number down in the fibonacci sequence. For example, the 2013 peak only just passed above the 350 day moving average multiplied by 8 and the 2017 bull market just touched the 350 day moving average multiplied by 5. So if this indicator is to work in the next cycle, we can expect the price to slightly exceed 3 times the value of the 350 day moving average. This indicator also worked for Ethereum in the 2017 bull run. While there is no graph for it, on the 13th of January, when ETH hit a peak of $1,419, the 350 day moving average was at $270. $270 multiplied by 5 is $1,350. If you sold at $1,350 you sold incredibly close to the top and I don’t think that any macro traders/long term traders would complain about that timing.
I’d like to note that while indicators like the Golden Ratio Multiplier factors in for less explosive growth each cycle, not all of the above indicators do. So be cautious of this when you think the peak is near as it may be closer than you think. In saying that, there is a lot of luck involved so I should also point out that it also might not be closer than you think. However, it would be better to sell before the peak at say $10,000/BTC as of 2017 than to be left holding all of your crypto when the bear market begins since Bitcoin didn’t spend much time above $10,000/BTC after the $20K peak. Ultimately it is up to you to decide your risk appetite and how well you want to try and time the market. For me, I will definitely be on the conservative side so that I don’t miss the boat completely and hopefully I will be able to sell most of my crypto just before we peak rather than afterwards.

Risk Management

Since timing the top requires a lot of luck, a good method of mitigating the risk is to spread out when you sell. I’m going to share with you my personal strategy but I recommend that you create your own strategy or use this as a basis from which you can use to adjust and tweak it to optimally suit your situation. If you have a large stack, you will probably want to sell early since you might not need such spectacular gains to lock in some life changing money. On the other hand, if you have a smaller stack or if you are younger, you can afford to take more risk and might want to try and time the absolute peak a bit better to get that much closer to making some life changing money. Personally, while my stack isn’t very big in dollar terms, it is a significant % of my net worth and so I don’t have a high risk tolerance with it (at least relative to other people in crypto!) For this reason I will be selling a little bit on the early side.
My plan has three pots of crypto. 20% of my crypto I will hold indefinitely since I very strongly believe in the long term prospect of ETH and BTC as investments. This way if I time the markets terribly, I will always have some skin in the crypto game. The second pot of crypto is 40% which I will sell on the way up to take some profits and I don’t intend on putting this money back into crypto. Initially I will be selling very small amounts of this 40% and as the indicators listed above get closer and closer to calling a top, I will sell larger proportions of this crypto. I haven’t set specific target numbers since things change fast in this space and I feel like the best decisions in this case are made in the moment. For example, estimating a market top is hard when it is 2-3 years away, but it is much easier when it is just months or weeks away. Once again, this is just personal preference. Many of you will find that setting targets now makes it easier for you to pull the trigger and take some profits when everyone else is calling $1M BTC while it is at $100K or calling for $100K ETH when the current price might be $10K.
Finally, the last 40% I will sell all at once when I feel like we are at the top and I am confident that the price will be lower a year on from that point in time. With this 40% I will try and buy back during the bear market with the help of many of the same indicators I listed above from Look into Bitcoin. I will also use some indicators which I didn’t mention above since some are better designed at identifying market bottoms. My goal is to be able to buy back the number of BTC and ETH I held before I sold anything with this 40% (plus the 20% I didn’t sell). This is a big ask but it is better in life to set hard goals that seem unattainable or unrealistic than it is to set easy goals.
To summarise my portfolio strategy, 20% of my portfolio is an indefinite hold, 40% I will sell on the way up and I do not intend on buying back into crypto with this money so I can avoid being over-exposed to crypto. The last 40% I will use to try and sell the top and buy the bottom.

Closing Notes

As a closing note I would like to say that it will be important to be aware of the power of greed and FOMO. Do not under-estimate these emotions and try to remain a grounded and rational investor. Don’t be scared to take profits. I know from experience trading altcoins that it is better to exit a position early and miss out on another 100% price increase than it is to hold through a bear market and take >90% losses. If you go into this bullrun telling yourself you will take profits on the way up, you will have no reason to regret any early sales since you will know that you made a rational trade and not an emotional trade.
submitted by Tricky_Troll to CryptoCurrency [link] [comments]

How I plan to identify and sell the top of the next market cycle.

In this post I will share with you some of the strategies I will use to identify the next market cycle top so I can sell for maximum profits (and of course buy back in later in the subsequent bear market!) In the first part of this post I will discuss the resources I will use and in the second part I will discuss tactics in selling and risk management.

Indicators

As the bull run begins to drag on and the price of ETH starts getting closer and closer to $10k I will begin to start watching many of the data science charts over at Look into Bitcoin. This will not be the only source I will use since there are great custom tools on TradingView too as well as more subjective indicators such as friends and family talking crypto and hearing about crypto again in the mainstream media. I’d also like to note that many of the indicators I will be looking at will be Bitcoin focused despite my ETH centred portfolio. Like it or not, this market is still Bitcoin dominated and despite the many proponents of an ETH flippening (myself included), it is quite likely that we will not see it this cycle due to the macro investing environment favouring assets which are good stores of value to weather the uncertainty. Ultimately, Bitcoin has the best store of value meme in crypto and that will be very powerful in the coming years.
I think it is likely that the time for Ethereum or a network like Ethereum with a yielding asset (ETH under ETH 2.0) and a native economy of DeFi, DApps, NFTs and much more will be once all of the stock market uncertainty is over and investors are ready to take on more risk again. I am of course still expecting Ethereum and altcoins to outperform Bitcoin this cycle. However, I think that Bitcoin losing the number 1 spot will be more likely to happen between 2023 and 2030 rather than in the next 2-3 years. I hope I am wrong though.
While most of the indicators on Looking into Bitcoin are useful, I will list the ones I’ll be focusing on the most here:
And finally my favourite, the Golden Ratio Multiplier. This indicator has been remarkably accurate at predicting tops using the golden ratio (1.6) and the fibonacci sequence (0, 1, 1, 2, 3, 5, 8, 13, 21) multiplied by the 350 day moving average. With each market cycle, the 350 day moving average is multiplied by the next number down in the fibonacci sequence. For example, the 2013 peak only just passed above the 350 day moving average multiplied by 8 and the 2017 bull market just touched the 350 day moving average multiplied by 5. So if this indicator is to work in the next cycle, we can expect the price to slightly exceed 3 times the value of the 350 day moving average. This indicator also worked for Ethereum in the 2017 bull run. While there is no graph for it, on the 13th of January, when ETH hit a peak of $1,419, the 350 day moving average was at $270. $270 multiplied by 5 is $1,350. If you sold at $1,350 you sold incredibly close to the top and I don’t think that any macro traders/long term traders would complain about that timing.
I’d like to note that while indicators like the Golden Ratio Multiplier factors in for less explosive growth each cycle, not all of the above indicators do. So be cautious of this when you think the peak is near as it may be closer than you think. In saying that, there is a lot of luck involved so I should also point out that it also might not be closer than you think. However, it would be better to sell before the peak at say $10,000/BTC as of 2017 than to be left holding all of your crypto when the bear market begins since Bitcoin didn’t spend much time above $10,000/BTC after the $20K peak. Ultimately it is up to you to decide your risk appetite and how well you want to try and time the market. For me, I will definitely be on the conservative side so that I don’t miss the boat completely and hopefully I will be able to sell most of my crypto just before we peak rather than afterwards.

Risk Management

Since timing the top requires a lot of luck, a good method of mitigating the risk is to spread out when you sell. I’m going to share with you my personal strategy but I recommend that you create your own strategy or use this as a basis from which you can use to adjust and tweak it to optimally suit your situation. If you have a large stack, you will probably want to sell early since you might not need such spectacular gains to lock in some life changing money. On the other hand, if you have a smaller stack or if you are younger, you can afford to take more risk and might want to try and time the absolute peak a bit better to get that much closer to making some life changing money. Personally, while my stack isn’t very big in dollar terms, it is a significant % of my net worth and so I don’t have a high risk tolerance with it (at least relative to other people in crypto!) For this reason I will be selling a little bit on the early side.
My plan has three pots of crypto. 20% of my crypto I will hold indefinitely since I very strongly believe in the long term prospect of ETH and BTC as investments. This way if I time the markets terribly, I will always have some skin in the crypto game. The second pot of crypto is 40% which I will sell on the way up to take some profits and I don’t intend on putting this money back into crypto. Initially I will be selling very small amounts of this 40% and as the indicators listed above get closer and closer to calling a top, I will sell larger proportions of this crypto. I haven’t set specific target numbers since things change fast in this space and I feel like the best decisions in this case are made in the moment. For example, estimating a market top is hard when it is 2-3 years away, but it is much easier when it is just months or weeks away. Once again, this is just personal preference. Many of you will find that setting targets now makes it easier for you to pull the trigger and take some profits when everyone else is calling $1M BTC while it is at $100K or calling for $100K ETH when the current price might be $10K.
Finally, the last 40% I will sell all at once when I feel like we are at the top and I am confident that the price will be lower a year on from that point in time. With this 40% I will try and buy back during the bear market with the help of many of the same indicators I listed above from Look into Bitcoin. I will also use some indicators which I didn’t mention above since some are better designed at identifying market bottoms. My goal is to be able to buy back the number of BTC and ETH I held before I sold anything with this 40% (plus the 20% I didn’t sell). This is a big ask but it is better in life to set hard goals that seem unattainable or unrealistic than it is to set easy goals.
To summarise my portfolio strategy, 20% of my portfolio is an indefinite hold, 40% I will sell on the way up and I do not intend on buying back into crypto with this money so I can avoid being over-exposed to crypto. The last 40% I will use to try and sell the top and buy the bottom.

Closing Notes

As a closing note I would like to say that it will be important to be aware of the power of greed and FOMO. Do not under-estimate these emotions and try to remain a grounded and rational investor. Don’t be scared to take profits. I know from experience trading altcoins that it is better to exit a position early and miss out on another 100% price increase than it is to hold through a bear market and take >90% losses. If you go into this bullrun telling yourself you will take profits on the way up, you will have no reason to regret any early sales since you will know that you made a rational trade and not an emotional trade.
submitted by Tricky_Troll to ethtrader [link] [comments]

How to trade Dash

How to trade Dash
https://preview.redd.it/lh1jr6dxc7a41.png?width=1000&format=png&auto=webp&s=ac1529528dd21a9385326188a714dd8691e45dae
Dash is a cryptocurrency with a high degree of security and transactions privacy. The Dash digital transfer mechanism is based on the principle of shuffling transactions, which does not allow tracking of the sender and the recipient. To ensure security, the Dash Protocol uses 11 cryptography algorithms, thus the name X11 was formed. Previously, the cryptocurrency was called Darkcoin, which accurately characterizes its anonymity. In the Dash network, transactions are confirmed quickly - within a few seconds, and in addition to POW-mining, the masternode mechanism is used.

Strategies for Dash trading

The rate of cryptocurrency correlates with the rate of Bitcoin, which can be used in technical analysis. The fall or growth of the first cryptocurrency will transfer to altcoin. Watch for changes in bitcoin, which serves as an indicator for Dash.

https://preview.redd.it/mnsvsknzc7a41.png?width=697&format=png&auto=webp&s=8586fd21ab57bd4cd6a1f6275532c54e5ab076b9
Popular crypto exchanges for trading Dash are Binance and Poloniex, which you can connect to using the Trade-mate.io service for automatic trading. The service provides advanced charts for Tradingview technical analysis, Smart Trade function with trailing mechanisms and autotrade, which allows you to copy transactions of other traders and trading bots.
Fibonacci levels and trend oscillators are excellent for technical analysis, as illustrated by the chart below. Also watch the Volume indicator. Dash has a high volatility and allows you to earn on rate jumps in intraday trading. The volume indicator in combination with other classic indicators will provide fairly accurate signals for buying and selling this altcoin.

https://preview.redd.it/8hleg9n4d7a41.png?width=705&format=png&auto=webp&s=9e787e546d1bcc80a2c528bc4bf61d917fbd5fef

A little bit of inside

Dash is a major altcoin, so it attracts a lot of attention. Fundamental analysis will help determine the price trend, since the cryptocurrency is sensitive to news. Dash infrastructure is constantly expanding and new partners join it.
submitted by mrhadow to matetrade [link] [comments]

OCOi EOS/USD

OCOi EOS/USD
Dentre vários pontos nessa análise, gostaria de salientar alguns específicos e bem otimistas para a EOS e as criptomoedas em geral neste e nos próximos anos. O primeiro deles é a LTB rompida em outubro de 2019 e retestada com sucesso duas vezes depois.
Os dois testes da LTB são partes (membros) do Ombro & Cabeça invertido dispostos no fundo da tendência. OCOs invertidos normalmente são padrões de reversão de tendência e dão dois alvos na minha leitura, baseados em fibonacci, pois também fazem reteste - normalmente. Tecnicamente falando, esse OCO é - infelizmente - bem pequeno e ainda projeta abaixo da LTB de menor ângulo (vermelha com menos de 10º) um pouco abaixo do pivot de baixa, 3,62. Ou seja, temos um alvo 1 abaixo da LTB e o alvo 2 no pivot .
Em todos os casos, se assim for, não será tão ruim, afinal um dia teríamos que encarar essa resistência (3,62) mas deve depender do nosso amigão bitcoin para mover mais, ou menos - bitcoin lead the way -.
Resumo O oco é um sinal de interesse comprador, o preço deve ser empurrado contra a resistência de 2,80, ao romper pode buscar 3,15 no alvo1 (ombro) antes de retestar(pullback) na neckline (2,80). Se houver reteste, tempos grandes chances de buscar 3,42 no alvo 2 (cabeça), com muita esperança de chegar à 3,60/3,80. Caso não houver reteste, deve-se ter mais cautela para uma potencial invalidação do padrão, e uma potencial range no fundo.
https://preview.redd.it/62er3yogw4941.png?width=1956&format=png&auto=webp&s=348031c54919551a05f68c96e2a1dd6fea875512
Um feliz 2020 a todos!
Estudo pessoal e não recomendação de investimento. Negocie pelo seu próprio risco.
submitted by bibis8 to BrasilBitcoin [link] [comments]

How to trade Ethereum

How to trade Ethereum

https://preview.redd.it/i6wrjvz5um541.png?width=1000&format=png&auto=webp&s=6334ee0ddb8be6c1219eea8a191780f5b1ca366e
Ethereum is the second largest cryptocurrency by capitalization after Bitcoin, founded in 2014 by Vitalik Buterin. The work of the ether is based on smart contracts technology, which was first implemented in this cryptocurrency. Smart contracts allow to conclude transactions between users without intermediaries, and the program code controls the fulfillment of the obligations of both parties.

Where you can trade Ethereum

Ethereum is traded on all cryptocurrency exchanges, as it is the main altcoin. The most popular trading platforms are Binance and BitMEX. To store ether, you need to have a wallet, such as MyEtherWallet. If you plan to trade, there is no need to buy cryptocurrency through exchangers, but you can buy it on the exchange directly - Binance added support for ruble and currency pairs, including ETH/RUB.

How to trade

The Ethereum price chart is represented by the Trading View resource, which is integrated into the Trade-mate.io service. In your account you can connect three exchanges Binance, BitMEX and Poloniex. In addition to advanced Tradingview charts service provides smart trade functionality with trailing stops and autotrade, allowing you to copy trades of other traders and trading bots.
The Ethereum volatility allows you to use any classic strategies inherited from Forex. If the foreign exchange market has long acquired immunity to technical analysis, the crypto market allows you to make a profit due to the immaturity of the industry. The most popular trading indicators are Bollinger Bands, Fibonacci Levels, RSI and others. A detailed description is easy to find on the Internet, but do not forget about the main rule - set up stop losses, because any cryptocurrency can collapse by 20% or more in a few hours. Trade-mate.io will help to extract the maximum profit, because smart trade allows you to automatically rearrange the stop loss as long as the price rises.

Little trick

Special attention is focused on Ether because of its popularity, so the coin is quite sensitive to news. Even rumors can lead to strong growth or collapse of this cryptocurrency. For example, fake information about the death of the founder of the project at the end of June led to a strong price collapse.

https://preview.redd.it/yx3yjqmcum541.png?width=762&format=png&auto=webp&s=39578308f01912d3b45df2e5dc13ec53f0c2e96a
submitted by mrhadow to matetrade [link] [comments]

Bitcoin - Bullish Reversal Coming Next? Inverse Head & Shoulders Forming Up. Published 1 March 2019

https://www.tradingview.com/chart/BTCUSD/2YIbEvfX-Bitcoin-Bullish-Reversal-Coming-Next-IH-S-forming-up/
Ahoy everyone!
Yesterday the market dropped back to the major support and resistance level where it managed to bounce off fiercely. Also 0.618 fibonacci level was located in this area.
I just want to say that I have the best followers and I have received such a great feed back from you guys. Thank you for that!
Anyways, the market is showing a huge potential inverse head & shoulders pattern. As long as it manages to hold major s/r level this pattern is valid.
I have reminded my followers quite often how important volume expansion is in this pattern. I want to highlight two important things that should be monitored and gives more validity for this pattern's formation:
1) When the price reaches bottom of the head and it starts raising, this where we should see volume expanding (in this scenario you can see it has done so). 2) This maybe the most important part of this pattern. When right shoulder starts forming we should see increased volume towards the neckline/resistance area.
These are two major things to follow and pay attention to when market is forming inverse head & shoulders pattern.
Last time when Bitcoin started to form inverse head & shoulders pattern I wrote about how it's going to fail because back then the right shoulder was missing the volume expansion which key element to watch for.
Trade safely and if you have any questions feel free to ask them down below!
DISCLAIMER: Please be aware this is not financial advice. You are responsible for your trading and investing decisions. It is highly recommended to do your own research before investing in anything.
Yarr
submitted by YarrPiratez to BitcoinMarkets [link] [comments]

Why was this recent downturn not surprising?

I just published a whole research paper for my clients yesterday predicting a drop based on the cash flow and the recent hash rate drop .
I protect my clients, so I will not disclose any information that they paid for. But I will say that it came from understanding the basic fundamentals of how bitcoin and other cryptocurrencies work. Cash flow monitoring is how any modern company is valued. I provide that for my clients using hard data.
I plan on telling them my expected exit price, but only after I factor in the degree of hash rate drops correlated with the efficiency of previous bitcoin mining machines. I will do this in order to find the optimal profit exit point for the miners (whales). I do the work.
If you are able to do this, good luck to you! But I do the work for my clients, and if you want someone working hard for you are welcome to join my crypto family and get the following:
  1. Risk analysis for BTC , BCH, ETH, and LTC.
  2. Coin creation costs for BTC , BCH, ETH, and LTC.
  3. Advanced data based research covering how the fundamental price floor affects the spot price Feb 7 Analysis
  4. Actively managed portfolio where you see my daily trades and risk percentages. I am currently 2.11% up from June 2 off of LTC and BTC actions.
  5. Weekly summary of fundamental actions and analysis.
  6. Continuous updates and improvements that center on what YOU need to understand how crypto actually works.
  7. Access to me for council and coaching on your strategy.
If you want to keep following people that draw lines from random points and feed you nonsense like Fibonacci numbers be my guest, enjoy swimming with the fish. Any moron can draw a line between point A and point B and make it fit any agenda. Enjoy being told what just happened and being led into traps by unknowledgeable people making false correlations.
If you want to watch what the whales are doing I am here to help. This is just the beginning of the fall.
Please look at my open analysis and work, it is worth your time:
Sample Analysis Risk Analysis
I hope you see the true value of this.
Aaron
P.S. If you don't follow this enjoy buying the highs and selling the lows. It makes me sick how people are saying bitcoin is going to $100k. They care nothing for your safety and risk exposure. They only care about FOMO and hype.
submitted by canaryinthebtcmine to Bitcoin [link] [comments]

35 Dólares, not bad...

35 Dólares, not bad...
Litecoin mostra uma clara tendência de baixa, LTB em vermelho. Cumpriu alvo 1 da projeção da exp fib. testando o suporte semanal. Agora o preço tem duas opções.
1) corrigir nas retrações fibonacci talvez testando a LTB. 2) romper o suporte agora e buscar 35 dólares sem medo de ser feliz.
Naturalmente, as altcoins movem majoritariamente com movimentos fortes do bitcoin , nesse momento o BTC está formando uma consolidação de fundo no intraday, e algumas alts aproveitam para ganhar valor.

https://preview.redd.it/vjwarxshixp31.png?width=1956&format=png&auto=webp&s=e6dc3bb0f86f668838cf9bb590e7fdcc305b0e01
Espero que eu tenha ajudado, dúvidas? Comente abaixo.
Estudo pessoal e não recomendação de investimento. Negocie pelo seu próprio risco.
submitted by bibis8 to BrasilBitcoin [link] [comments]

Altseason?

Altseason?
Rompimento importante para o Litecoin, o qual ainda de maneira conservadora está em tendência de baixa, mas rompeu a LTB e agora segue em teste da nuvem.
Seu movimento até o atual suporte foi importante e tem confluência com a retração fibonacci do swing de alta de 2018 à 2019. Estendendo uma fibo desde o inicio do movimento, temos resultados como alvo 1 teste na resistência em 137,85 e alvo 2 183,95.
Importante ressaltar que temos várias altcoins subindo contra o bitcoin, como vimos em 2017.
https://preview.redd.it/ysat91iq7kn31.png?width=1956&format=png&auto=webp&s=c728922e7ce14dc6fdcba7ce87d6119fa07f6f8c
Estudo pessoal e não recomendação de investimento. Negocie pelo seu próprio risco.
submitted by bibis8 to BrasilBitcoin [link] [comments]

Bitcoin Analysis and Comment | BTC Dollar Analysis | September 2019 - Week 3

Bitcoin Analysis and Comment | BTC Dollar Analysis | September 2019 - Week 3
What is the Bitcoin Dollar in Crypto Currency? yes, one of the questions the world is wondering. Particularly we are in a period of increasing Bitcoin usd and bitcoin interpretation and analysis.
But what is there; As in all currencies, Bitcoin also has an uncertainty. According to some analysts; Bakkt will improve institutions' trust in crypto within 3 days.
BAKKT, which will initially offer physical Bitcoin futures, will be launched on September 23, 2019. There are those who think that BAKKT will provide an increase in bitcoin value as well as those that may affect it negatively. "Term and payment dates of futures are putting pressure on Bitcoin markets." There is such situation is called.
- The Craig Wright case is ongoing. Declaring himself an inventor of Bitcoin (BTC), Craig Wright once again asked for an extension of the case to resolve his case with his late partner Dave Kleiman. As is known, the subject of the case is a figure of 500,000 BTC. It's already been extended for two weeks, a further 30 days.
- Bitcoin activity may start due to the emergency measures taken by the Federal Reserve (FED), and the monetary expansion decision is expected to reduce belief in legal currencies. As it is known, after FED made a monetary expansion decision in 2008, Bitcoin appeared in 2008 and was put into practice on 3 January 2009. Bitcoin may also be mobilized if the US initiates monetary expansion.
Overview and Technical Expectations about Bitcoin start to squeeze
"Serious" Time: 2019 | September | 3rd week of Fibonacci Average Calculation
RSI: 41
Support and Resistors
- Resistance : 11,000 - 11,750 - 10,400
- Support : 9,400 - 9,700 - 9,900

Bitcoin Analysis and Comment | BTC Dollar Analysis | September 2019 - Week 3
by Lemnos
submitted by fxAnaliz to Bitcoin [link] [comments]

Why was this recent downturn not surprising?

I just published a whole research paper for my clients yesterday predicting a drop based on the cash flow and the recent hash rate drop .
I protect my clients, so I will not disclose any information that they paid for. But I will say that it came from understanding the basic fundamentals of how bitcoin and other cryptocurrencies work. Cash flow monitoring is how any modern company is valued. I provide that for my clients using hard data.
I plan on telling them my expected exit price, but only after I factor in the degree of hash rate drops correlated with the efficiency of previous bitcoin mining machines. I will do this in order to find the optimal profit exit point for the miners (whales). I do the work.
If you are able to do this, good luck to you! But I do the work for my clients, and if you want someone working hard for you are welcome to join my crypto family and get the following:
  1. Risk analysis for BTC , BCH, ETH, and LTC.
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If you want to keep following people that draw lines from random points and feed you nonsense like Fibonacci numbers be my guest, enjoy swimming with the fish. Any moron can draw a line between point A and point B and make it fit any agenda. Enjoy being told what just happened and being led into traps by unknowledgeable people making false correlations.
If you want to watch what the whales are doing I am here to help. This is just the beginning of the fall.
Please look at my open analysis and work, it is worth your time:
Sample Analysis Risk Analysis
I hope you see the true value of this.
Aaron
P.S. If you don't follow this enjoy buying the highs and selling the lows. It makes me sick how people are saying bitcoin is going to $100k. They care nothing for your safety and risk exposure. They only care about FOMO and hype.
submitted by Cocoadreamboy to btc [link] [comments]

Bitcoin em Range de topo

Bitcoin em Range de topo
Olá Traders.
Momento de incerteza para o Bitcoin Dólar, onde temos um largo movimento de lateralização entre o suporte de 9500 e a resistência de 12800. O preços movimentar incertamente entre essa range e não há indícios de futuro rompimento comprador ou vendedor.
Ambos cálculos foram feitos. Caso o preço suba e rompa a resistência, temos como alvo 100% os 16200 o que anima e esquenta bastante o mercado. Caso o preço rompa o suporte os 100% da fibonacci estão nos 6100, nível de pessimismo para o BTC e oportunidade para alguns holders.

https://preview.redd.it/vf9lyyeuvme31.png?width=1956&format=png&auto=webp&s=04cac50a96112bb11cd7f93493fd13dc0e45b6ad
Estudo pessoal e não recomendação de investimento. Negocie pelo seu próprio risco.
submitted by bibis8 to BrasilBitcoin [link] [comments]

Bitcoin Subiu Correndo Agora ta Cansado

Bitcoin Subiu Correndo Agora ta Cansado
Buenas!
Bitcoin teve grande valorização de março para cá, uma subida e tanto, porém agora mostra seu desempenho cansado fazendo candles de baixa variação abaixo do topo. Observo que não perdeu sua tendência de alta nem de nível arrojado e nem de nível conservador, aliás, a esperança é a última que morre, porém uma compra nesse momento só com o rompimento do topo.
No mais vejo um cansaço por parte dos touros, poderemos iniciar uma correção para recuperar o folego a qualquer momento - acho saudável. Para isso teremos que romper a zona de suporte entre US$7600 e US$7200, o qual é o pivot de venda mais importante para o Bitcoin nesse momento.
Tracei uma fibonacci para termos uma boa noção de onde o BTC pode alcançar antes de começar sua queda (caso houver). US$6500 e US$5900 são os maiores candidatos para fim da retração e retomada da alta.

https://preview.redd.it/c15mslw43b431.png?width=1956&format=png&auto=webp&s=198bfb374d1b94681b4091fdaf31b4ed87a19791
submitted by bibis8 to BrasilBitcoin [link] [comments]

Análise BTC - Topo Duplo projeta 7500

Análise BTC - Topo Duplo projeta 7500
Bom dia!
Temos um claro topo duplo na resistência de 12850 onde a demanda não superou a oferta. Não apenas isso, temos uma formação lateral que trás indecisão para o Bitcoin no momento, o suporte principal está em 9600 e a resistência em 12800, assim o preço pode seguir rebatendo nesses níveis até tomar uma decisão.
A projeção do topo duplo joga o preço para o suporte, nos 100% da extensão fibonacci. O price action e a nuvem ichimoku suportam essa projeção.
A projeção da lateralização é sustentada pelo CCI completamente neutro em relação a compradores e vendedores, quem enxerga indecisão deve esperar para negociar com segurança.
7500 é a melhor correção pelo semanal, onde o preço busca 61% da fibonacci e terá força suficiente dos compradores para a próxima onda de alta.
https://preview.redd.it/51qxyv60o1c31.png?width=1956&format=png&auto=webp&s=82785131a95eb4b68d314a8a4ef6733298f33c0b
Estudo pessoal e não recomendação de investimento. Negocie pelo seu próprio risco.
submitted by bibis8 to BrasilBitcoin [link] [comments]

Bitcoin - Eu Escolhi Esperar

Bitcoin - Eu Escolhi Esperar
Fala galera.
Movimento bacana no Bitcoin , oportunidade para vendidos e para quem quer comprar para hold no futuro.
BTC fez bom movimento de alta, como já comentado previamente, e iniciou forte correção logo após bater 13,8k, cumpriu retração em 50% da fibonacci rejeitando forte e retomou com candle comprador. Porém o ativo perdeu sua LTA de curto prazo e a força compradora que parecia impulso só serviu de reteste. o CCI já demonstra energia neutra - o jogo ta virando.
Num primeiro momento espero que o preço caia apenas para o nível de interesse comprador de 9700, onde o preço cumpre a retração em 61% da fib e bate no primeiro alvo da exp. fib. destacado em vermelho no gráfico.
Na pior das hipóteses, a perda da LTA leva o preço para patamares familiares antes 8~7,5k no suporte, próximo a exp .fib. de 100% (8000). O rompimento da resistência de 12800 invalida essa análise e projeta objetivo otimista para 16000 dólares.
https://preview.redd.it/qo4vkj6bka831.png?width=1956&format=png&auto=webp&s=5cec9bc6866385048091245db5053b5b37342f0a
Estudo pessoal e não recomendação de investimento. Negocie pelo próprio risco.
submitted by bibis8 to BrasilBitcoin [link] [comments]

I know you guys don't like TA but here I tried to summurize the whole BTC situation from 2015 untill this day

Disclaimer: I am not an English native speaker and didn't even learn it at school. I don't have any BTC and all my holdings are so spread in altcoins that I am just too lazy to move them around to take adavantage from what I wrote down below. I hope at least you will find it usefull.
You can take a look at the original post and at the chart here
If you don't need it here goes only the text
Looking at the logarithmic chart gives us an insightful view of what is going on.
What did happen on 17th December of 2017? Bitcoin reached its new ATH at $19891. The same week estimated the biggest volume since June of 2016. Theory says that only huge volume ( in most cases the biggest one throughout the whole trend ) is capable of turning around any trend. Of course it works only in hindsight but probability of such turn of events was quite high then. Anyway, let's move on.
What did happen on 11th February of 2018? After 7 weeks of downtrend BTC makes rapid move down and achieves $6000 level which is bought out very quickly and our weekly candle formes a pretty "hammer". It was actually a very important week/day because of four reasons which I will name later but before we adavence into that let's draw one of the most "magical" things in TA - Fibonacci levels.
The logarithmic view shows us a clear picture of where is the trend's beggining and where is its end. Evidently that Bitcoin begun to rise from $221 mark so it is not a problem to draw a propriate Fibonacci retracement levels as the end ot this move is as much evident as its beggining. The main number here is the Golden Ratio or 0.618. The same "smart" books say that corrections are keen to happen untill that level is achieved and believe me it works most of the time. If 0.618 level is broken it means the trend is broken and it is not a correction anymore. It happened to be that our 0.618 level lays on $7500 mark.
So let's come back to 11th February of 2018. Though Bitcoin dipped below that level weekly candle hadn't been closed there and that week closed its candle at $8020 mark with the followed journey to $11900 (which, by the way, is another Fibonacci level AND also is on the too obvious for everyone resistance line B).
The next reason why this candle is so appealing is because of its volume. Do you remember that part about volume and trend-turning things? Here it is even more exemplary. The biggest volume since late 2015. And it is in a falling, almost crashing market.
The third reason is so hateful by many is the support line. We can't call everything a support line but if it has served as a support line three or more times then it more probably than not it is a support line. The price did excatly that with the support line A. First in late March of 2017, the second time in July and the third in February 2018.
The fourth reason is the next: Stoch RSI became oversold as it hadn't been since June of 2016. In such conditions it is hard enough for bears to push the price down.
So what is happening now? Now is the most interesting situation of them all. Currently the price stands on a) 0.618 Fib Level b) the support line A c) the Weekly Exponential Moving Average 50.
What will continue the downtrend? Closing of the weekly candle below $7500 mark. Why? Because the support line will be broken, the 0.618 Fib level will be broken and the EMA 50 will be broken ( and our hearts too). So what then? Then we have only two price targets - $4500 which is 0.786 Fib Retracement and coincidies with the previous "ATH" after which the market fell by 40% AND coincidies with Trend-Based Fib Extension 4.618 level of the previous bull-run and crash in 2014-2015 AND with the upper trend line D of the previous uptrend channel. If $4500 level will be broken too then say hello to our old support line C and our good old "healthy" channel which we left in May of 2017. According to that channel the "true" price of BTC right now should be around $3000.
What will confirm the uptrend? Breaking the resistance line B what will mean breaking the 0.5 Fib level too and staying there for a while with retesting that level in a perfect case. That can happen as continuation of the currently unfolding double-bottom pattern and I think we already are on the second bottom as the previous dip to 6k was a result of panic sellers losing their shit.
My thoughts are the next: since April of 2017 we perphaps have entered the bubble phase when left already on its own not quite healthy uptrend channel CD. So the price "needs" to come back there. There is other scenario where we reach our good old channel CD by just going sideways. Then we can expect 4500$ by 2019 in any case of further healthy grow. But the problem with that scenario is that then we will see 85% loss in value which looks pretty unreasonable as of now when we have upcoming LN and the whole world gradually legitimize Bitcoin and Blockchain. What gives me the most confidence in 6k be the ultimate floor is the volume with which the market rebounced. If that is smart money than they won't let it go lower and the current price action is an obligate procedure to shake off all the weak-hands. In addition about 60%-80% of people in /cryptocurrency are bearish (me included) so that also is a good sign for the upcoming break of the downtrend.
submitted by Detri_Mantela to CryptoCurrency [link] [comments]

Alta no BTC afeta as alts

Alta no BTC afeta as alts
Litecoin demonstra sua forte e consistente tendência de alta seguindo uma LTA e a nuvem compradora. Os movimentos do Bitcoin também tem sidos favoráveis para o Litecoin criar mais valor.
A tendência acentuou recentemente (em vermelho) e isso me faz pensar que a pressão compradora ficou mais forte, projetei uma fibonacci expandida para calcular os potenciais alvos dos compradores e temos dois resultados.
O resultado realista está em 100% da fib aos 134 dólares onde provavelmente teremos um teste na resistência do canal antes de uma baixa. Ou o resultado otimista, onde a pressão compradora pode levar o preço até a projeção de 161% em 158 dólares podendo inclusive romper a resistência do canal. Neste caso espera-se forte retração para o LTC.
Até termos um bom pivot de topo não é possível calcular as potenciais retrações, mas sigo com suporte em 117 dólares.
https://preview.redd.it/rygakuswbj331.png?width=1956&format=png&auto=webp&s=b3c5f19f62fd75b232fe821ada82ddef382c0e56
submitted by bibis8 to BrasilBitcoin [link] [comments]

BTC - Triangulo Ascendente

BTC - Triangulo Ascendente
Buenas!
https://preview.redd.it/ucpt8bwyi7031.png?width=1956&format=png&auto=webp&s=af6322efb535751f770e03c8eba451e47fb871b4
Bitcoin em topo especifico com uma potencial formação de triangulo ascendente, padrão típico de continuidade de movimento.
Ao observarmos o gráfico no 240 temos fica mais nítida a formação triangular de continuidade, é importante esperar o rompimento da resistência para confirmação do padrão. Observa-se também que no 4h a tendência demonstra fragilidade, podendo ser uma armadilha aos touros, tome cuidado!
https://preview.redd.it/aoefpprwi7031.png?width=1680&format=png&auto=webp&s=f0bb3db33f45a2b25408a781321770568b987f59
A triangulação tem como fibonacci expandida o nível de U$9650 como resultado inicial e como resultado intermediário U$9150. Pelo diário temos uma sólida tendência de alta pela nuvem o que favorece o padrão porém não completou nenhuma correção até agora, por isso também alerto em relação a potencial formação de resistência vendedora que pode pressionar o preço para baixo, veja:

https://preview.redd.it/a4n9j3g3j7031.png?width=1956&format=png&auto=webp&s=b891dc0e8e0ad6f0ee16f653d18b3ea92666e297
Estudo pessoal e não recomendação de investimento. Negocie pelo próprio risco.
submitted by bibis8 to BrasilBitcoin [link] [comments]

BTC topo duplo!

BTC topo duplo!
Fala galera!!
Bitcoin fecha topo duplo no diário na resistência de 8250. Como já mencionado na ideia anterior, o fundo recente em 7200 será de grande importância para definir a projeção do TD.
A range do fundo e do topo é a projeção fibonacci que me trás resultado confluente com o suporte em 6250. Atenção para trabalhar com esse valor, pois acredito que existem 2 suportes próximos que podem impedir a retração conforme projetado aqui. 7250 e 6800 são valores inferiores que podem dar trabalho.
Haverá também um ajuste na atual LTA em vermelho assim que tivermos um novo fundo. A perda da LTA resulta em uma queda maior que o previsto e uma nova avaliação deve ser feita.

https://preview.redd.it/wuhlsz556sz21.png?width=1956&format=png&auto=webp&s=54bb84524d761be6373ebcea5248ad8c6ce79644

Estudo pessoal e não recomendação de investimento. Negocie pelo próprio risco.
submitted by bibis8 to BrasilBitcoin [link] [comments]

Bitcoin - Minor Pullback Before Another Leg Up?

https://www.tradingview.com/chart/BTCUSD/PoNh9wnL-Bitcoin-Minor-Pullback-Before-Another-Leg-Up/
Bitcoin recently reached the next major resistance zone (which is also formed close to MA50 & 0.5 fibonacci levels).
So the question is where it's heading next? It's unlikely that we are going to see enough of volume today that is required for the continuation with the bullish trend. This is mainly because it's Sunday and usually on Sundays there's less volume generally. But, however if we manage to see enough of volume, then there could be one more push upside reaching the next fibonacci level and the top line of the descending channel. This is move would be supported by the yesterday's close indecision candle - doji that also indicates continuation.
Nonetheless, the more likely scenario is that the price is going to range or test the previous support level that can be found near to 0.618 fibonacci level before any new bigger moves happen. So minor pullback should be expected and reaching this peculiar support zone may give fuel for new leg up. Sometimes it's better to let the market to breathe a bit and watch for possible formations on the chart.
What is notable here is that when this last move to upwards is compared to the previous rallies we can see that the volume didn't continue expanding like it did with the previous rallies. When volume continues expanding it signs for bullish continuation and move higher.
Conclusion: The market is showing a great amount of indecision mainly because some are pessimistic about the new rallies and others are just too euphoric as they expect unrealistic price targets. Often when the sentiment is divided it leads for the market to range and that's why we consider it as the most likely scenario.
Trade safely and if you have any questions feel free to ask them down below!
DISCLAIMER: Please be aware this is not financial advice. You are responsible for your trading and investing decisions. It is highly recommended to do your own research before investing in anything.
Yarr
submitted by YarrPiratez to BitcoinMarkets [link] [comments]

Bitcoin - Pontos de Interesse

Bitcoin - Pontos de Interesse
Deixando meu viés vendodor no Grafico Bitcoin e alguns pontos de interesse.
Primeiramente estamos em movimento lateral no 4h trazendo total incerteza para os próximos movimentos, esse movimento lateral foi provocado pela alta que tivemos até 5200, pelo diário, uma correção aos 4800 parece ser necessária antes de uma pernada de alta, mas não podemos descartar o rompimento da resistência desse caixote.
Meu viés é vendedor por contas das evidencia de baixa que temos no gráfico:
Temos uma LTB com suporte formando um triangulo descendente, o qual dá resultados em 4880 e 4660 pela fibonacci, confluente com os níveis de retração. Um CCI demonstrando energia vendedora no 4h e no diário, trazendo segurança para uma operação de maior prazo. A necessidade de correção da repentina pernada de alta.
Em fato, o principal pivot que deve ser perdido para um movimento de baixa é de 4850, uma entrada conservadora nesse ponto é esperada. O pivot de alta mais importante atualmente é 5220 e após isso 5400.
https://preview.redd.it/87efyniejns21.png?width=1647&format=png&auto=webp&s=1b4b5ce08c33b1d6305b495f4fcab64c7a766611
Negocie com segurança, reveja seu gerenciamento de risco.
submitted by bibis8 to BrasilBitcoin [link] [comments]

Bitcoin Fibonacci Fib Circles Explained Crypto TA #TradingView #5 Custom Fibonacci Retracement Tool How to Use Fibonacci Retracements in Tradingview How to Use The Fibonacci Retracement Tool in Tradingview How I Use and Set Up Fibonacci Resistance Arcs In TradingView

For the fibonacci traders. The Auto Fib Retracement Is a good indicator for tradingview to show you the current alerts and points to watch in the market IMPORTANT SETTING => Retracement This controls your alert levels I have modified it to deliver the following +Custom Fib retracement level alerts +Drawing of old levels and retracement levels +Backtesting Old... Fibonacci extension levels indicate levels that the price could reach after an initial swing and retracement. TradingView has a smart drawing tool for Fibonacci retracements and one for Fibonacci extensions that allow users to visually identify these levels on a chart. This is a very interesting pattern. It follows Bitcoin's price action from the December 2018 bottom until now on the 1W chart. As you see excluding the candles that pushed BTC above the Channel (LIBRA euphoria) and below the Channel (COVID panic), the price follows a fairly well structured Channel Up. Fibonacci was an Italian mathematician who came up with the Fibonacci numbers. TradingView has a smart drawing tool for Fibonacci retracements and one for Fibonacci extensions that allow users to visually identify these levels on a chart. Both tools are fully customizable and levels can be changed or added. #Bitcoin #BTCUSD Trading Plan Fibonacci was an Italian mathematician who came up with the Fibonacci numbers. They are extremely popular with technical analysts who trade the financial markets, since they can be applied to any timeframe. The most common kinds of Fibonacci levels are retracement levels and extension levels.

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Bitcoin Fibonacci Fib Circles Explained Crypto TA

Setting up Fibonacci Tool on Tradingview - Duration: 3:55. Pardo 5,995 views. 3:55. ... Basic understanding of Fibonacci Retracement and how to plot against Bitcoin - Duration: 9:31. Proper Fibonacci Analysis starts with setting up your tools. During this tutorial, our IT Manager Darrell Gum describes how to setup your Fibonacci tools in TradingView. Technical Analysis Educational video on Bitcoin, explaining how to use Fibonacci circles and the tool in tradingview. How to understand and trade these circles, and finally how to position future ... I explain how and why I use the custom Fib Retracement settings that I use. I have caught some slack from other traders for doing so, but here I am still profitable, still trading with a high ... Fibonacci sequences have long secured their place as one of the most reliable technical analysis tools. Using them properly is an art, and we explain how to use them briefly with TradingView.com's ...

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