RNiedson

RNiedson

Bitcoin may have lower prices, but what if it doesn't. What is the risk of not buying now? In this chart I demonstrate that it is more dangerous to be short than long. I may be right for a few days about the bear market, but in the long run the bull market is far from over.

RNiedson

What is your favorite time frame? When you finally decide on your preferred time frame, that’s when the fun begins! SHORT-TERM (SWING) PERSPECTIVE: "Earning assets with trades. Looking to sell near the top to buy near the bottom.". Short-term traders use hourly time frames and hold trades for several hours to a week. ADVANTAGE: More opportunities for trades....

RNiedson

A bearish divergence is the pattern that occurs when the price reaches higher highs, while the technical indicator makes lower highs. Although there is a bullish attitude on the market, the discrepancy means that the momentum is slowing. Therefore it is likely that there will be a rapid decline in price. RSI divergence is primarily used to determine when it’s time...

RNiedson

28k is no longer as big a psychological barrier as it used to be. Gradually, the bears are gaining ground. The ascent at this point occurs without significant volume in a figure called the "descending triangle". The result you already know...

RNiedson

Feature Discussion Rounded turn Look for a smooth, rounded curve (an inverted cup), but allow exceptions. Cup rims The two cup rims should reach the bottom at close to the same price. Cup handle To the right of the cup there should be a handle. The cup's recoil handle should not rise above the top of the cup, but often tracks 30% to 60% above...

RNiedson

There is a famous proverb in Brazil that says: "soft water in hard rock is even drilled". My advice is not to stay 100% long or short. Save money to take advantage of possible opportunities. “The best way out is always through.” May the good Lord be with us!

RNiedson

The market is bullish if a new high occurs with heavy volume. A new high on light volume is deemed temporary. A new low price with high volume is a bearish indicator. A new low on light volume is less significant. A rally to a new price high on expanding volume but with less activity than the previous rally is questionable. It may point to a coming reversal in...

RNiedson

Every time the Stochastic / Rsi was below 20, we started a bear market. There are also other technical evidences for this, such as - 18k futures market GAP. - EMA of 8 too far on the semi-annual/annual chart. My advice is: Don't get 100% bought, thinking it's already too cheap, because the promotion can get even better. May the good Lord be with us!