SHORT LINK and ATS efficiency report since July Hello!
This Summer Link has shown the best dynamics ever.
ATS's strategy has also shown perfect outcomes since the very beginning of July, giving correct indication of the trend changes.
ATS has performed 175% in 6 trades
Link has become more expensive by 146%
It is better to trade correctly instead buy and hold.
The link is currently still moving in the downtrend channel.
We think there will be good selling opportunities soon, chances are high that the first level of support will be tested.
Script settings for 4H timeframe:
· Signal calculation type - "ohlc4"
- Signals filter - "Enabled"
ATS
Analysis- XRP/BTCHello friends.
Some thoughts about former king of pumps 🙂
Why do all XRP / BTC charts look like crazy drawings?
It shone so brightly in 2017 that people still hope and expect this “rocket” will fly.
- But in fact, it has been the weakest and most boring altcoin of the top 10 over the past two years.
- It declines only and cannot find solid support against Bitcoin.
- Maybe at 1500 Sat. it would be able to stop in its endless fall? We'll see.
Short idea - KSM/USDHello!
Lets look at Kusama (KSM/USDT)
After huge bull run it needs good correction. First key level for short position is around $16.5.
The last strong movement began from this numbers.
This trade has an excellent risk / reward ratio 11/1
Script settings for 4H timeframe:
· Signal calculation type - "hl2"
*Based on new beta version ATS
The release will be next week
TRX scalping with ATS / 80% profitable dealsPresenting PBX settings for scalping TRX
Excellent results with a high rate of successful deals.
Script settings for 4H timeframe:
· Signal calculation type - "hlc3"
- Signals filter - "Enabled"
- Take Profit for long signals = 2.5%
- Take Profit for short signals = 3%
📖 How to trade MA?Hello!
MA — moving average.
📌 This indicator shows the price average value over a certain period and gives the trend direction.
🔷 For global analysis and understanding the price movement direction we have to use short, medium and long MAs mainly on long time frames.
🔷 MAs may act as an additional support and resistance level. It is worth trading taking into account MAs in the confident reversal patterns presence only, using MAs as an additional strong indicator, but not relying on it only!
🔷 Another important tool is the crosses formed by moving averages. We're talking about the golden cross and the death cross. This is an extremely strong pattern respected in classical markets, but cryptocurrency market traders rarely take it into account at all. 90% probability the cross provokes a strong subsequent trend and dynamic price movement.
⚠️ Important! The cross should closely interact with the price (be next to), but not much higher or lower on the chart! Otherwise, it may not even be considered. Examine the older time frames (from the day). Short crosses also work In the cryptocurrency trading, unlike the classics trading, for example 7MA / 30MA or 30MA / 50MA.
❗️ Remember that MA is an additional strategy factor in favour of one or another decision made. Do not trade relying on MAs only!
Bitcoin weekly analysisHello friends!
Lately, we have been watching Bitcoin closely.
We are at an important support level now: examining weekly MA 20 as well as the volume profile and the horizontal level.
It is difficult to make trading decisions under such circumstances, so we recommend staying out of trade.
A local fall has already occurred, we warned about . Let's follow the situation, and we will keep you up to date.
Analysis - TRX/BTCDear Colleagues!
Let's examine the TPX/BTS pair.
Today it is surprising and unusual to see such a move, while all major cryptocurrencies have fall by 15-25%.
Nevertheless, we are inclined to believe that there will be no serious trend continuation.
The consolidation awaits us in the offing, and fixation above 440 sat on the weekly chart will be buying confirmation.
Analysis - LRC/BTCHello friends!
Today we will consider another token that has risen from the dead. Hype around defi is still strong,
which means that all these "promising projects" will still be pumping properly.
The analysis presented above is based on the typical patterns of this season,
the current phase is called the runaway train.
Don't forget to place stops and take your profits if you can.
ATS efficiency report since July for ETH/USDWe continue the ATS strategy reports section.
Today’s guest is ETH/USD.
For the last two months, the pair has shown excellent dynamics.
But the ATS strategy worked even better than the buy and hold strategy.
ATS strategy made 76 percent, the asset grew by 70%
Current open position (Is not being taken into account for result calculation) at the moment + 22%
Script settings for 2H timeframe:
· Signal calculation type - "Low"
- Signals filter - "Enabled"
Altseason is overWe are watching the Bitcoin dominance chart. There is every reason to believe that the altcoin season will terminate this year.
Highlighted features:
1) Chart large spikes indicate high volatility and market uncertainty
2) Around 60% support level is reached, the rebound has already started
3) Since 2017 the price channel's bottom has been reached as well as the price channel's bottom since July 2019 (red highlighted).
Commonly, all these factors indicate a very high probability of Bitcoin's dominance increasing. Plus, the alts have already won back their rapid growth, the correction is a logical continuation of the market cycle.
📖 Japanese candlestick charts. Part 1We are beginning a new theme “Trading strategy’s most important technical analysis tools”.
Today we are going to tell you about the most important things in trading, candlesticks!
📌Japanese candlestick charts were developed in the 17th-18th centuries by the Japanese rice traders. They were introduced to trading by Steve Nison in the 20th century. It's a simple, but very important tool for technical analysis, as these candlesticks contain different information about the market. I guess that everyone in this channel already knows how to read candlesticks, so we are going to talk about their usage.
⚡️First — its form, this shows market participants’ state and mood. It could show their doubts/balance (doji) or trend exhaustion (graph looks like a hammer or a falling star). There are only a few main models, and we are going to talk about them in the future. However, you can start learning about them yourself by saving the screenshot below.
⚡️Candlesticks show reversals and it is what we need in trading. By trading reversals you are catching the trend, it could be short or long. However, you will be able to understand when the trend is exhausting and you will be able to leave trade when there is a reversal. In addition to the presence of the reversal pattern itself, the preceding trend is important, you have to have at least 3 candles. If there isn’t a clear trend, then there is no trade. Additionally, we are looking at the candlesticks’ volumes and how trading continues after the last reversal pattern. We are entering position not on the reversal candlesticks, but on the following ones after the trade (or candlestick above/below fixation, depending on a situation)! Reversal setup is a needed factor, but it's not enough to enter a trade.
📌 And these are not all of the necessary conditions for implementation! You have to understand that you are getting rid of risky positions that not only will give you headache but could also result in losses. You should only trade in situations where you are confident in, the confidence is achieved by fulfilling very certain conditions, of which only few people in the market know about. Continued in part 2.
📖 Japanese candlestick charts. Part 2Hello, we continue to study candlesticks.
⚡️ Maximal/minimal
🔶 For this it is desirable for reversal candlestick to have its own high/low. In addition to the convenience of placing stop-loss on them, its own minimum/maximum also increases the chances for a long term trend after such reversal. The reason for this is in the market reflectivity, all the patterns don’t just work on their own, but they also contain market’s psychology and the methodology of huge amounts of smart money. When there is a decrease in demand and supply, smart money form the least resistant trend, and they trade!
🔶 You have probably noticed a few times that the figure’s/pattern’s price could move into the opposite direction that you expected. There are reasons for that, patterns have the necessary to complete conditions, simply of which not many know about. Even if all the necessary conditions are complete while forming a pattern, there is always a chance that the price will go opposite direction due to a number of reasons, of which we are going to talk about later. Now, you should note that its important to analyse candlesticks, as they help you to minimize risk while trading patterns.
🔶 Even though candlesticks look simple, they are a solid foundation for successful trading. They help you to find the optimal points to enter and exit trading in any patterns or whether you are trading using levels, or even if you are witnessing “third Elliott wave”... This is just a small bit of information about such a simple tool called Japanese candlesticks.
📌 Hint: if a trend is moving into a higher timeframe, you should also move to the same timeframe and start searching for reversal candlestick models at a long distance. This gives you the opportunity to trade for the entire trend duration.
⚡️ Harami
🔶 "Uptake", "Hammer" and "Cloud Silver Lining" models are common reversal patterns. There are many more forms in candlestick analysis that indicate an forthcoming reversal. One of them is the "Harami" pattern: the first candlestick is large, and the second one is small, it may be a "Spinning Top" or a "Doji", but in any case, the figure of the second candlestick is inside the first one's figure. They appear both at the top of the market and at the bottom.
🔶 The peculiarity of the "Harami" model is the uncertainty of the market at the time of its appearance. Therefore, it is recommended to wait for confirmation.
📌 The following candlestick of the corresponding color can act as confirmation: green for a bullish reversal, and red for a bearish one.
ATS vs ERD/USDTjust a great trade👍
Script settings for 1D timeframe:
· Signal calculation type - "high"
💰 Market Maker in Crypto Space. IntroductionGreetings, fellows!
We are introducing a new article series about marketing making (MM) in cryptocurrency exchange. In these articles we will be focusing on the main MM strategies, current market trends and how to trade in this sphere.
Firstly, it is very important not to get confused with the “market maker” meaning in the cryptocurrency sphere with the same term in classical markets. The only thing they have in common is that MM creates liquidity and it balances the market, and nothing else. In the classic MM, there is an agent who has to keep open the bid and ask orders with a particular (short) spread (between them), which is creating the exchange tool’s liquidity.
• Who is usually a market maker in a cryptocurrency exchange market?
Well, usually it's a small team, internal department, or maybe attracted specialists from the private companies. The team always includes a minimum one programmer and few traders (trading robot operators).
• What is MM’s main goal?
MM’s main goal is mercantile, all he wants is just to make money on an exchange tool manipulated by the agent himself. This goal is achieved by coin/token distribution into specific/perspective moments between the team members. For example, MM is forming an attractive graphic pattern while the market is growing to attract more potential customers. MM’s final goal is to choose the maximal amount of money or/and stronger cryptocurrency (BTC, USDT, ETH) they are planning to exchange into controllable “wrappers”
Note: not every cryptocurrency project has trading and programmer teams that are ensuring the liquidity of their tokens or coins on the exchange market. Graphs below show the two typical examples, first one contains MM and the other doesn't. First graph clearly shows that trading bots have an impact on the tool’s price, spread and direction.
We have a successful personal experience in this sphere. We were taking part in trading bots development and adjustment of trading bots on multiple exchange markets. Our plan is to have comments under each technical paragraph, where we explain and give real life examples.
Next, we are going to analyze in detail the strategies and methods used to carry out this task, if we see that you are interested in such an article.
ATS vs OMG/USDTOMG made good moves in last time
ATS got 450% since 2019-05-15
And it’s just for 12 trades
Script settings for 1D timeframe:
· Signal calculation type - "hl2"
· Commission - 0.11%
TD Sequential on $REN/BTC Hello colleagues
The chart gives us an example how works the Thomas DeMark strategy and strong signals from the ATS.