NavCoin (NAVBTC) is now strongly bullish as well... This chart is already moving and we don't trade at these levels.
For us, trading and reading charts are completely different.
When we trade, we look for support and resistance levels.
When we read charts, we simply share what we see is happening on the screen/translating the codes coming from the...
Can You Analyze ETHUSD? I can, But It Isn't Easy, It Isn't What Think!
Charting is very complex...
I don't like charting these because I can give a very compelling article about why ETHUSD should move to "x" direction based on the signals that I see, but the next minute the contrary happens and many people don't understand how this work and then they blame it...
This one is also pretty good... JSTBTC, the details are described on the chart.
First, you see the steep decline, the bear wave/bear market, whatever you want to call it...
What follows is the consolidation phase, this is when prices go flat/sideways.
And then we have the bullish breakout, this is when prices start to move up.
For all this, we have many...
Nothing goes up in a straight line... Not with these charts.
When prices are going down, we see bounces, green candles, fake moves, recoveries... Then continues the drop...
As prices move up, the same is true...
We have red days, drops, retraces and then the growth is resumed.
We trade but we also read charts.
For me, I have to focus on the reading, this is...
We are looking at the hidden bullish divergence between MFTBTC and the MACD.
First, here is the MACD, notice the purple line (lower lows).
- There is also a young bullish cross and the histogram going green.
Now, look at MFTBTC, notice the purple line (higher lows).
Can you see it?
That's the signal.
Note: Spotting certain bullish signals have no real...
The bias on the chart above can be seen clearly...
Prices continue to aim higher.
The market moves in cycles...
The pairs move in cycles/waves...
We always have up and down, up and down...
In between cycles, we have consolidation and distribution periods.
After the strong bullish wave that took place for LUNABTC, we have a classic strong correction... This is...
Below you have the chart for Quantstamp (QSPBTC) on the daily timeframe after a 250% bullish run:
Once prices start to move, how to know if there is additional potential for growth?
Zoom out.
Raise your time frame...
Let's see how it goes!
Here we have QSPBTC on the weekly timeframe:
Looking at it now, we can see that the 250% bullish run is only the...
Here is a very simple signal that I like and enjoy...
When you see MA200 dropping fast down but prices move above, this is a signal that the next move will be up.
Keep in mind that is recommended to look for multiple signals to support your bias...
One signal can be good/strong but in my opinion is never enough.
Also, make sure to build a plan before you...
This pattern is very common when looking at the altcoins trading pairs (cryptocurrency).
It looks like a "W" and works only when a higher low is present.
The "W" Pattern Explained
As prices drop and a low is hit, we get the first push up, followed by a drop that ends it in a higher low which signals that the pattern is complete.
After the second push, we get...
Patience is key... Is true.
For many, a month is a very long time to wait, especially when you are just getting started.
If you are not trading or you incur a loss, it is not that long to wait 30 days plus to earn 83%...
It is worst to lose small amounts over and over by changing trades...
See it below
That's how our IOSTBTC trade looks after just 40 days......
We got Fantom (FTMBTC) since early and we also have the full trade, shared below, with over 66% of profits...
What will happen next?
First, here is the full trade signal shared back on April 12:
What we do now is that we sell a portion at each target to secure/collect profits.
We do not buy when the prices/trade is already moving (FOMO), you can do so if...
By the request of one of our followers, here we have the distric0x (DNTBTC) chart.
There are always multiple scenarios that can play out at any time, it is hard to guess/predict exactly when or where each candle will close.
Instead of trying to predict exactly when or where the price/value of a pair will be, I rather and try and predict the levels where the...
Everybody is always talking about the "Cup & Handle" pattern... But what about the cup without the handle?
When you see this "cup" pattern, this is mainly a bullish signal.
This pattern normally leads to one of two major outcomes, as follows:
1) Straight up. When the 'baseline' of the cup is broken, prices can go straight up.
2) Retrace then jump. To complete...
Patience is the key to success while trading, also having a plan before getting started... You can ask me, I learned the really hard way.
Looks like Blox (CDTBTC) it's done consolidating since prices are already moving above EMA50 (magenta line).
Since the first break of support in March, we have a wait of 70 days, for many people this is a very long time and...
Here we have a "V Bottom" pattern for Status (SNTBTC), this can signal that a low is in and prices can resume or reverse up.
Here you can see prices breaking below MA200 (black line) to form the v bottom, and later moving back above this level.
I also marked the main strong support and resistance levels.
Feel free to hit LIKE for more.
Namaste.
This is how I see Eidoo (EDOBTC) easily printing over 150% in growth.
First, EMA100 needs to be conquered.
The last low is a "fake breakdown". Meaning, prices only broke below support to hunt for stop-loss and remove weak hands.
We know this since we can see many altcoins breakdown just to quickly move back up with massive force and strength...
Daily, the...
When trading we do "ifs". If this happens, we take this action.
When charting try to predict what will happen. "Based on the signals coming from this chart, I believe that prices are going to move up", for example.
On the chart above I explain some of the drawings I use, so you can read this chart easily with me.
I hope you find this useful.
This is for...
Ripple used to get a lot of bad rep. from us cryptocurrency lovers... You know, the whole centralized stuff... Well, now the feeling is completely different, Ripple has become part of the market and we take it for what it is... Another altcoin that can be traded for profits for those who have the knowledge, patience, and experience to do so.
I also believe that...
