Bitcoin and the battle with geometry!At some point between now and the 15th of April, one of the triangles will have to see a breakout as the MACD and regression channel run out of room. Regardless, I think that somewhere around the middle of May that the price path for the remainder of 2018 will be more or less established after a buy/sell battle around the $9300 range. Just learning so any feedback is appreciated! Thanks and good luck trading everyone!
Learning
Possible Inverted H&S SIACOIN/USDHey there,
I did an analysis earlier on siacoin calling a breakout of an inverted head and shoulders pattern..
I now believe i was looking at it the wrong way, i saw the final rise of the head as the breakout of the pattern.
Now looking at it, it seems more logical that the right shoulder is just starting to form.
For the pattern to be confirmed we need to see a rise in volume during the ascend and breakout of the right shoulder.
I'm not a pro, and still learning so feedback is appreciated!
TRXETH repeating patterns???TRXETH is repeating patterns?
Predictions:
Red line: Shape of before-last peak.
Orange line: Shape of last peak.
Green boxes: Support - Resistances.
Red Dot Line: The biggest Target possible before down.
In: 0.00005030
Target: 0.000065
SL: 0.00004883
Im just an ignorant newbie not-trader student
All your comments that could help to understand better this things will be apreciated.
Thanks
TRX to 0.085?! UPDATEUpdate of
Where i was wrong in the target of all most everything by a little.
Any way, it seems to be working... MACD wants to rise? and support is present.
Target of little H&S reached, and same for little butterfly and huge butterfly.
If everything goes well and emotional panic sellers stop their behaviour... this is the bottom and the sky is the limit (0.085 usd for now lol)
Please feel free for comment. I will be apreaciated.
Cheers.
-CJ-
My main strategy is called 'cycle-trading' a unique concept. My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence. But, still the most difficult part and what it's all about, is where does a long or a short start? and which point is telling you that the cycle is started, so that you know it will probably go to the next fibonacci resistance? .... therefore I have developed some own indicators!
The exact positions of where to open, to close and the stop loss position and take profit position is very important to be successful with trading!
My strategy is to never trade on volatile markets. You will lose your money when you do! Trade on technical-chart analysis! not on news and volatility!
One of my other strategies is that trades are only interesting and ‘safe’ to open when: you can possibly lose 1/3rd of the possible profit. So; when you set the indicators after analysing resistances, and you can lose 100 but win 300, it is worth the try!
How do I decide to open a position or not? First I analyse:
- sentiment on the market > are people in buy mode or short mode
- I have some own created indicators, some I show in my charts. Therefor I use the fibonacci sequence. My indicators tell to open a position or not and in combination with other own created indicators I decide where to place the stop loss and take profit positions.
- and this own indicators tell me when probably a new long position starts or a new short > these are the positions where I place my orders! or open directly.
- and again other own created indicators tell me how far long or short it probably goes. The take profit and stop loss positions are other positions than the resistances in the market!
- the moving-averages and bollinger-bands are very important indicators also. They are helping a lot! by making decisions.
And that is Why I win more than I lose in the end. Patience is everything, we’ll wait for the right moment! But don't forget; trading means investing. Sometimes you lose more than you win in the beginning of a period!
Most of the times the sentiment changes on Monday! please consider that when you start a position on Monday. Tuesday, Wednesday and Thursday are on steady markets normally calm trading days. Than, my strategies work at their best!
Like my analyses? don't forget to follow me, so you get updated when I post new ones. Also read my account and the 'status updates' to be informed.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
Where is the volume? BTC inverted H&S patternHi there,
First of all, i'm not experienced. I'm a newbie when it comes to TA so feedback is welcome and appreciated.
While researching the inverted H&S pattern i've read that volume increase is important on the advance of the right shoulder, since we're not seeing this i'm kinda worried this might be a false breakout.
So lets hope we see some volume in the coming day's to confirm this breakout.
Also if the pattern is confirmed i noticed a possibility for an even bigger inverted H&S, this is of course very speculative.
If anyone has feedback or comments i'd like to know!
Thanks :)
Daily forecast. Machine learning.
Daily forecast for BTCUSD (BITFINEX) MIN and MAX of the day based on machine learning tools.
Red rectangles in the upper part indicate an area where, according to the forecast, the daily maximum will be located.
The green rectangles at the bottom indicate an area where, according to the forecast, the daily minimum will be located.
Rectangles allocated by faces have a similar meaning, but they are the result of the forecast of the second model.
Very unusual forecast. There is really nothing to comment on here, we just expect the BTC to fall.
But we ourselves are interested in what will happen, so, it remains only to wait.
Daily forecast. Machine learning.Daily forecast for BTCUSD (BITFINEX) MIN and MAX of the day based on machine learning tools.
Red rectangles in the upper part indicate an area where, according to the forecast, the daily maximum will be located.
The green rectangles at the bottom indicate an area where, according to the forecast, the daily minimum will be located.
Rectangles allocated by faces have a similar meaning, but they are the result of the forecast of the second model.
Analyzing the behavior of BTC for the past two days, we do not see the potential to achieve a price of 11,000. Unless, of course, there is an abnormal purchase.
There is a possibility that in the range of 10,500-106,00 the price will be kept, because a few hours earlier on this range there was a serious sale of BTC (21: 45-23: 00 on 28.02.18). And a second wave can happen.
Daily forecast. Machine learning.Daily forecast for BTCUSD (BITFINEX) MIN and MAX of the day based on machine learning tools.
Red rectangles in the upper part indicate an area where, according to the forecast, the daily maximum will be located.
The green rectangles at the bottom indicate an area where, according to the forecast, the daily minimum will be located.
Rectangles allocated by faces have a similar meaning, but they are the result of the forecast of the second model.
According to the models’ forecasts, we are expecting the uptrend.
In this case, one of the models indicates that the minimum of the day has already played along with the opening. We are waiting for the closure of the day candle with a gain.
We will wait for more anomalies throughout the day. They will determine the price level of closing.
The Beginning..............Hello My Soon to be extremely wealthy friends!
I am going to be providing you a free educational course on technical analysis. Whilst your learning technical analysis to keep things exciting we are going to make money off our trades and I mean real money. I am going to teach you (free of charge) the ins and outs of everything you need to know to ensure you can make educated decisions in the marketplace resulting in high profits.
I have viewed many charts posted here and while some are great some we don’t want to touch and once you have followed me for a short period your eyes will open to the people that are traders and the people that are just comedians and social gurus. Don’t get me wrong I love a joke, love fun, love a drink, love spending money BUT love making it more. Together we are going to get used to making money and understanding how we earned it.
------------------------------------------------------------------------------------------------------
LET’S BEGIN…………..
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We are starting with raw basics if you know this already read it anyway to make sure you understand it ALL . There are 2 types of analysis in financial markets this being fundamental analysis and Technical Analysis. We are only going to learn one as that’s all we need.
Technical Analysis we are going to refer to as TA and fundamental analysis as FA.
The 2 analysis are very different and I want to explain why we can forget learning about FA and only learn the TA . TA once learnt you can apply to ANY market from crypto, stocks, commodities, forex and YOU WILL BE successful in all of these market sectors.
FA is conducting research to specific industry types example if your trading stocks you may trade Tech companies so you must learn about all the tech companies on that exchange and which company you believe has the edge not only is this time consuming it limits your trading to Tech companies. For you to start trading let’s say Banks with FA you need to learn then entire market of banks and discover why they have the edge against one another and then decipher which stock will rise.
TA all we do is look at the chart and find the trend we can trade any market, any sector and industry. We can find everything we need to know to enable us to trade the crypto, stock, currency etc WITHIN 5 MINUTES of looking at the chart. There are 2 main charts types we are going to look at now and will always look at in the future.
This is a LINE CHART and a CANDLE DOJI CHART, now you will see above the chart in the heading is a line Chart. A Line Chart is the easiest chart to read and great for beginners or pro’s to figure out what trend we are in either an upward or a downward trend or there may be no trend. Candles Doji charts which is the default setting on most exchanges in crypto are great to see the live action these candles all explain to us as to what is happening next, below is an example of the Candle Doji chart. Timeframes of charts are important from Monthly, weekly, daily, 4 hour and hourly. We will always look at the Weekly, then the daily when we first check a crypto.
A line chart will link all the closing prices of the chart into a line marking this VERY EASY for you to see trends. The chart at the Top of this page shows LTC BTC in its uptrend we are in now; using the line chart.
The chart below shows LTC in its downtrend just recently using Candle Doji.
Earn And Learn, The Beginning..............Hello My Soon to be wealthy friends!
I am going to be providing you a free educational course on technical analysis. Whilst your learning technical analysis to keep things exciting we are going to make money off our trades. I am going to teach you (for free) everything you need to know to ensure you can make educated decisions in the marketplace resulting in high profits. We will build a team that follows textbook trading and we will have the power to move markets and profit from the novice and greedy.
Seen all the charts here most we don’t want to touch and once you have followed me your eyes will open to the people that are traders and the people that are just social gurus.
Don’t get me wrong I love a joke, love fun, love a drink, love spending money BUT love making it more. Together we are going to make money and understand how we earned it.
LET’S BEGIN…………..
We are starting with raw basics if you know this already read it anyway to make sure you understand it ALL. There are 2 types of analysis in financial markets this being fundamental analysis and Technical Analysis. We are only going to learn one as that’s all we need. Technical Analysis we are going to refer to as TA and fundamental analysis as FA .
The 2 analysis are very different and I want to explain why we can forget learning about FA and only learn the TA.
TA once learnt you can apply to ANY market from crypto, stocks, commodities, forex and YOU WILL BE successful in all of these market sectors.
FA is conducting research to specific industry types like example if trading Tech companies you must learn about all tech companies on that exchange and which company you believe has the edge not only is this time consuming it limits your trading to Tech companies. For you to start trading let’s say Banks with FA you need to learn then entire market of banks and discover why they have the edge against one another and then decipher which stock will rise.
TA all we do is look at the chart and find the trend we can trade any market, any sector and industry. We can find everything we need to know to enable us to trade the crypto, stock, currency etc WITHIN 5 MINUTES of looking at the chart. There are 2 main charts types we are going to look at now and will always look at in the future.
'This is a LINE CHART and a CANDLE DOJI CHART , now you will see above the chart in the heading is a line Chart. A Line Chart is the easiest chart to read and great for beginners or pro’s to figure out what trend we are in either an upward or a downward trend or there may be no trend.
Candles Doji charts which is the default setting on most exchanges in crypto are great to see the live action these candles all explain to us as to what is happening next, below is an example of the Candle Doji chart. Timeframes of charts are important from Monthly, weekly, daily, 4H and H. We will always look at the Weekly, then the daily when we first check a crypto.
A line chart will link all the closing prices of the chart into a line marking this VERY EASY for you to see trends. The chart at the Top of this page shows BITCOIN in its downward trend we are in now; using the line chart.
Chart below shows BTC in its upward trend late last year using Candle Doji.
My next post is going to be MODULE 1 // DISCOVER THE TREND
This will teach you how to find a trend by looking at the chart and using the Moving Average indicator to confirm the trend, we will apply the 200 day, 100 day and 50 day MA. This is stage one of the course; discover the trend and from what you learn on day 1 you will already know you should or shouldn't trade the chart at all. This information alone is going to Save you Losses and Earn you Profits
Please follow me to start learning some VERY basic stuff over next few days then move onto more advanced.
What if we just ignore the crazy December FOMO push?I'm new to trading and have no idea what I'm talking about. This is more of a question than an analysis.
There seems to be a steady uptrend of BTC value if you ignore the December 2017 FOMO crazyness. Longer periods of time to me paint a clearer picture and it looks like HODL is the right approach.
If I compare my portfolio to December 2017, BTC is a terrible investment, but what about looking at the longer trend? It looks like it's up and going higher?
Is this a naive point of view?