Sharkethics

Sharkethics

Hello traders, Lets look at the price of bitcoin. Even if we are in a short term bull trend, I think we still have one leg down. I would be quite happy if it won't go lower, but that would be unusually short correction for such a huge rally. However we are never certain, so always wait for confirmation. In the chart you can see a possible rising wedge pattern...

Sharkethics

Hello traders, In this post I will briefly overview three important techniques in psychology of trading: - IMMERSION - EMOTIONAL REPROGRAMMING -ATTITUDE OF GRATITUDE Consider these three point, practice them every day. You don't have to spend plenty of time on these - at least half hour per day. Your psychological aspect and overall understanding psychological...

Sharkethics

Hello traders, Support and resistance is probably the most used technical tool. Good fundamentals in technical analysis is a foundation for solid performance. Any questions, feel free to ask. Good luck.

Sharkethics

Hello traders, Support and resistance is probably the most used technical tool. Good fundamentals in technical analysis is a foundation for solid performance. Any questions, feel free to ask. Good luck.

Sharkethics

Hello traders, Support and resistance is probably the most used technical tool. Good fundamentals in technical analysis is a foundation for solid performance. Any questions, feel free to ask. Good luck.

Sharkethics

THORchain is ready to break above. If it will break the strong resistance and falling wedge it might experience a strong impulse up. Good luck.

Sharkethics

Hello traders, Please consider these points. Understanding risk management intellectually doesn't mean that you are going to use it practically, especially when affected by fear and greed. You have to repeat and consciously remember it every day so that it will get to your subconsciousness. Good luck and take care.

Sharkethics

Hello traders, Latest update from the bitcoin. It is consolidating for now, while some altcoins are moving fast. Bitcoin market cap dominance is still on a downtrend, so money is flowing to the alts. However, we should be cautious, because most altcoins are reaching all time highs and the move these moves won't sustain for a long period of time. However it is...

Sharkethics

Hello traders, In my opinion, two possible scenarios here. If it happened that we have bullish flag in play, we might have a short term trend reversal. We need to break lower highs for a uptrend confirmation. Volume seems to be picking up, so it might be it. However if we broke down from symmetrical triangle, we might also see another leg down. We might touch...

Sharkethics

Hello traders, Here we go again with the latest update from bitcoin. I see it as follows: It seems that bitcoin broken down from symmetrical triangle and now it's lower wall became a resistance. We bounced back to it and then straight down. If that is the case, we might see a move to the downside to 0.5 fib at around 42.5k. However, if bitcoin is forming some...

Sharkethics

Hello traders, TRB seems to wanna break up. Bullish.

Sharkethics

Hello traders, Breaking out of this huge descending triangle means only one. UP. Volume is rising. This coin will pump. Remember, only risk the money you afford to lose. Good luck

Sharkethics

Hello traders, If we break this resistance, we would go much higher. Good luck

Sharkethics

Hello traders, I think this crypto project has plenty of juice left. Daily volumes are high, it will definitely go up at least one more leg. Good luck.

Sharkethics

Hello traders, It's been over two years the price of this coin is fluctuating within the boundaries of this falling wedge. If broken to the upside, it gan cause a strong impulse. Approximate short/medium/long term targets are in the chart.

Sharkethics

Hello traders, Lets talk about bitcoin and some possible scenarios. Scenario nr . 1 that this correction is forming a descending triangle (white lines) . When forming such triangles, price tend to break to the down side, but we know that we are in a major uptrend so breakdown shouldn't last long. It might touch fib ration of .5 (26k) before resuming to it's...

Sharkethics

Hello traders, I think this coin is a great deal for medium/long term hold. Obviously you can profit from short term, but holding it through until ATH is reached would be the most reasonable idea. This coin has a similar pattern to many coin in this bullish momentum and most new coins (serious ones) tend to break ATH. Furthermore it looks great both on weekly...

Sharkethics

Hello traders, It seems that this coin is moving (or at least was moving) within this accending channel, quite neatly bouncing off its support and resistance. We can also assume that it will bounce again, hence the multiple horizontal and diagonal support lines. Long position can be opened (open interval sits in a purple box) if a bounce is confirmed giving us ...