YOUR TRADING CAREER MAY BE SAVED TODAY BY THIS RULE OF THUMB!
This is the one rule of thumb if you're new to the bitcoin market. Let's talk about this.
Many traders fall victim to the fallacy that no one else will consider buying cheap and selling high on a daily basis. As a result, the majority would trade hourly or minutely. This is neither a horrible notion, nor is it incorrect. However, overtrading is one of the things that might go wrong with these kinds of setups. Trading more than 20 times a day is not typical for a novice trader, and those who do so without monitoring the day's high and low are likely to get caught in the trap. Consequently, to facilitate comprehension for novices. Using this guideline, we can relate to the practical method of daily highs and lows. Never forget that sometimes the market reverses by 11 AM EST. Since there is only a movement from the daily high and low, volatility is typically lower when the market is stable. Therefore, if the market reverses by 11 AM EST, it usually does so until 11 AM EST the next day; if not, there is no chance of a reversal for that day. To determine which zones would be ideal to enter, it is therefore best to look at the daily high and low.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
THE REAL REASON WHY AFTER YOU OPEN A TRADE YOU LOSE
If you’re looking for an answer on why most of your trades lose in the market, you’re in the right place.
To better understand how you’re losing, I will give you a sample scenario.
Sample Scenario: 560M (total crypto traders) x 20% (the possible number of traders who will trade 1 coin at the same time in a certain time)
= 112M (possible number of traders who will trade 1 coin at the same time in a certain time from the total number of crypto traders in the world) 112M X $10 = $1.12B total capital traded with the same coin at the same time. This $1.12B has 80% or more of it getting liquidated and only 20% or less takes the liquidity and win. That’s a total of $896M lost by most traders and $224M gained by some traders.
Now, imagine, how many traders would put more than $10, $100, $1, 000, $10, 000 or more. How much capital would be traded and what are the possibilities that these traded amounts would be part of the 20% winners? As you ponder about these thoughts, you will gain more insights and possible key actions to take in order to lessen the probability of being part of the 80% who would most likely get liquidated.
IF YOU CAN SEE WHAT THE 0.99% SEES ON THIS CHART (CONGRATS!)
Are you the type of trader who reacts only to what he/she can see in the market? That's fine. Although, checking on possibilities and picturing them in your mind isn't bad as well. In fact, it'd be considered as a great perception.
Gaining a skill such as being perceptive will surely give you the benefit you need in the crypto market.
Here's why.
As what you can see in the chart, the overall market structure for this token is experiencing decline. This decline has been for more than 7 months now. For this particular token, getting 7 months worth of decline will already be considered as a total oversold status. If you also measure the correction shown by this token, you can see that there are way too less bullish sentiment that has been provided inside the 7 months timeframe. Always remember 'too less' and 'too much' are both bad for you. If you have the opportunity to never disregard a 'too less' or 'too much' then, use that opportunity. Now, let me show you. Check for an opposite chart than this one is having. Look for a token that have more bullish candlesticks than bearish candlesticks. It would also be best if it's almost identical in measurement with this chart. Now, review the 'too less' or 'too much' of the candlesticks present. As there are more bullish candlesticks on the token you're looking at, the chance for reversal will become clearer. Those 'too much' bullish candlesticks and 'too less' bearish candlesticks will soon have their own 'reversal points'. Turning those 'too much' bullish candlesticks into too less and same goes to bearish candlesticks turning into 'too much'. That's how you can easily understand chart patterns like these.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
If you're looking for any new tricks that you can apply in the crypto market. Then, you're in the right place.
The world of cryptocurrency is vast and there are opportunities everywhere you look. It all depends on how well you take the opportunities presented. Now, since you're looking for new tricks, let me tell you one. This trick applies to everyone, may it be newbies, struggling traders and as well as veteran traders. Common strategies used by most would be entering at the current market price and expecting the prices to increase for their long positions and expecting the prices to decrease for their short positions. With this trick, you can enter the market at the best possible position at a certain period of time. Imagine yourself thrifting clothes and everywhere you go they are cheap, although, you still try to look for the cheapest possible thrifts. You find yourself buying clothes for $5.99 each and other thrift stores sell for $9.99 each. You were able to bargain these clothes you've found but as you ask one of your friends on how much their new clothes are. You've found out that they bought it for $3.99 and you became disappointed since you could've bought it for at least $2 less than the market price you've bought your clothes with.
Now, if you apply this to the cryptocurrency market, there are times when you enter the market right away without thinking of the next possible least price.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
READING THESE CRYPTO MARKET SCENARIOS WILL MAKE YOUR ANALYSIS EVEN MORE ACCURATE!
#SATS COULDN'T TOUCH OUR STOP LOSS AND WENT WITH A 15.64% INCREASE If you're looking for an in-depth analysis for SATS, then, you're in the right place. Here's why. When you zoom out SATS, you can see that it has been moving in range since April of this year with some depths at 0.00022-0.00011. Taking the ranging market structure and as well as the depths created by this token. We can safely assume that its preparing for a major move. This ranging market just shows the possibility of an accum
#MAV STILL LOOKING STRONG AFTER RECENT BTC REJECTIONS!
MAV is part of the tokens we've been looking at for long opportunities.
Here's the reason why.
In the analysis that we've done and after executing the trade. We've already took 7.96% at its short-term market shift. Key levels 0.17-0.18 were already considered to be areas with most market demands. Knowing this fact, we initiated open long positions to ensure we can take advantage and benefit from this opportunity. Although, we're still considering this token as a struggling token that's below its bottom (depths). There's a likelihood of this token to create a major move after few more rounds of a ranging market.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
#GTC HOLDING ONE OF ITS MAJOR SUPPORT (11.90% GAIN AFTER MARKET ENTRY!)
If you're looking for an in-depth analysis of GTC, then, you're in the right place.
This token is currently experiencing its accumulation phase where most would continue to test out its strength before immediately joining in with high number of orders. As this is happening, we're also looking for opportunities to do day trades within its trading range since August 4 of this year. Total market accumulation may still be happening, although, anytime soon there will be a major movement and its highly likely to be a rally for GTC to create massive opportunity to those who have patiently waited after its decline towards the lower levels of its major support at 0.8-1.2. As we continue to observe this token's strength, we are also preparing to take action once the reaction we're looking for is showing. Trusting your strategy is the key towards self-improvement in this market. It doesn't matter whether there may be days where it gets invalidated, just master 1 strategy and trust yourself with it, then, you'll be fine.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
#ROSE HAS NOW MOVED TO ITS NEXT LEVEL OF SUPPORT: WHAT'S NEXT?
Last August 2024 we had this analysis for ROSE:
ROSE is attempting to hold the key level 0.055. If this key level breaks, the next level of support will be at 0.047. This key level will establish new line of support on top of the broken resistance at 0.045-0.047. Once demand arises from the mentioned key levels, we can see strong bullish divergence forming for another continuation of the long-term markup.
September 2024 update:
As ROSE have already moved down the previous support that it attempted to hold at 0.055. We are now looking at the next level of support that held its declining momentum. There are also other key levels that we can see where it will create possible long wicks at 0.4551, 0.04172 & 0.03990. For the points of reversal that we're looking, we can safely assume that the supports mentioned could be made as its reversal points. However, the price with the highest chance of becoming its reversal point would be 0.03816 where the previous major resistance last 2020 was broken. We're also not denying the possible outcome of breaking down these supports (as its neckline) causing further declines.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
EVERY TIME THIS TOKEN MOVES DOWNWARD, WE GAIN PROFIT WITH THIS SIMPLE YET PROFITABLE STRATEGY!
Have you ever thought about a strategy that only few traders use and it's making them gain more?
Let me you tell this simple secret then.
The recent #NOT trade that we took has provided us 4.01%, 7.52% & 6.59% profit. If you take into account the next level of NOT, we can possibly earn more than 10%-20% as a potential swing trade. Right now, let me tell you the secret as to how we can take advantage of downward swings of NOT. Use the RSI tool and check the current condition of the market demand and supply for NOT. Since you can see the RSI getting closer to 60 and 70 in its hourly timeframe, you will have the overall idea that this token is getting closer to its overbought status. Now, you may have an estimate of around 0.0081-0.0096 as the price range with most sell orders awaiting in its momentary market situation. After, check the daily timeframe and verify whether you could see around 30-40 RSI. This will give you an overall outlook in the higher aspect of NOT. As this token gets closer to being oversold, you will gain more insights to purchase this at a discounted rate and as well as take some scalps/daily trades. Calculate the areas where most stop losses of those who are too hasty taking their longs are. For example, if most traders enter a trade at and set a stop loss at 0.00712, you may then set your entry at 0.00712. These are just sample entries and you can also add more confluences by checking with other strategies that you may have.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
After the recent rejection of ALPACA at 0.30 we have gained a tremendous 45.41% profit in a total of 9 days and 20 hours. Within the span of this timeframe, we were also able to analyze the possibility of ALPACA holding a specific support. As what we can see, there is a possibility for ALPACA to continue doing a ranging market movement until the time it decides to either breakout/breakdown. The range that we can see could possibly happen around 0.135-0.184. Although, we're not disclaiming the possibility of a total breakdown.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
#ARKM IS STILL MOVING WITHIN ITS RANGE: WHAT'S NEXT?
We have just identified the ranging market structure at 0.89-0.99 of ARKM. This shows both colliding interests from sellers and buyers. As buyers continue to accomplish a successful profit taking from the closing low to the closing high, sellers are also doing the same. Once the demand diminishes and shows an interest to test another line of support. We may see the new set of trading range at 0.881 until a major move happens once again. Right now, we're continuously observing the current market scenario where new possibilities may occur. Although, biggest chance is for this token to continue holding its support or slightly below its minor support in order to meet more demands. These are still assumptions of its new support, thus, you may create your own analysis in order to verify where it would potentially be falling off. If you're doubtful as to the potential of ARKM to hold this support, you may also check the levels lower than this minor support for great entries.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
ACHIEVING A 36.83 RRR IS AN INCREDIBLE FEAT IN TRADING: HERE'S HOW WE DID IT
We are now approaching the price with high sell orders for #REEF at 0.0016-0.0017 and as well as 0.0020-0.0021. As we approach these high sell order zones, we have reviewed carefully the total increase after our entry which is 138.34% and with a 3.76% risk, 36.83 risk to reward ratio. This gives us a great detail as to how it's highly possible to enter with a sniping entry for a small percentage possible loss and a massive percentage possible profit.
Here's how we did it.
A careful review of the price of REEF was done in order to conclude data. The price has already moved below the main major support at 0.0012-0.0016 and was already in an oversold status. Comparing with other altcoins as well, we have analyzed that the market structure of REEF is different. Most of the altcoins that we have compared it unto, shows a great hold of their major supports and as well as minor supports. For REEF, it has already shown signs of weakness until it went down to a further decline. Hence, we have applied the law of motion, "For every action, there is an equal and opposite reaction." So with the impulsive downward movement, the corresponding equal and opposite reaction is the bounce that might happened and it really did. Lastly, as the surrounding fear was already making almost everyone to panic sell, we have done the opposite, a common winning formula in the crypto market, a reverse psychology, where we become bolder the more fearful the market becomes.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
#SAND HAS ALREADY MOVED 6.80% AFTER OUR ENTRY: WHAT'S NEXT?
After our market entry for SAND we were able to witness a 6.80% growth that has corresponded to the day trading range since September 1, 2024. This range's low is 0.2263 and high is 0.2551, taking these into consideration, the support on this key levels is strong. Although, we're still checking for any possibilities to have a long wick at 0.1905 but this is still a zone where most demands are awaiting. Thus, a possible strong impulsive movement may occur from this key level. This impulsive movement may continue the retracements to test 0.3000 key level and so on.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
#ROSE HAS NOW MOVED TO ITS NEXT LEVEL OF SUPPORT: WHAT'S NEXT?
Last August 2024 we had this analysis for ROSE:
ROSE is attempting to hold the key level 0.055. If this key level breaks, the next level of support will be at 0.047. This key level will establish new line of support on top of the broken resistance at 0.045-0.047. Once demand arises from the mentioned key levels, we can see strong bullish divergence forming for another continuation of the long-term markup.
September 2024 update:
As ROSE have already moved down the previous support that it attempted to hold at 0.055. We are now looking at the next level of support that held its declining momentum. There are also other key levels that we can see where it will create possible long wicks at 0.4551, 0.04172 & 0.03990. For the points of reversal that we're looking, we can safely assume that the supports mentioned could be made as its reversal points. However, the price with the highest chance of becoming its reversal point would be 0.03816 where the previous major resistance last 2020 was broken. We're also not denying the possible outcome of breaking down these supports (as its neckline) causing further declines.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
#NEAR HOLDING MAJOR SUPPORT AT 2.8-3.6: THE NEW MAJOR KEY LEVELS
NEAR in its long-term aspect, is now in its markup phase for its bullish market structure. Right now, it's trying to look for higher lows to further establish a great major support for the upcoming continuation of its rally. We can see the key levels 2.6 & 3.3 as a major stronghold for its demand sentiment. Take a look at its ATH for this year which has hit the 9 price mark. This further indicates the attempt of buyers to take the prices to more than half the previous ATH which was 22. As more demands pop-up we can safely assume higher intensity/pressure for a major breakout.
Update for NEAR September 2024:
NEAR has already stayed on top of the major resistance that was broken last December 2023. This proves the existence of a newly established support with the intention of buyers to continue the price rally. Once the market's bullish sentiment continues, there should be no breakdowns happening on this newly established support. However, we're also not denying the fact that there is a possibility for a retracement towards below the newly established support right at 1.86-2.5. Nonetheless, it's wise to observe patiently what will be the reaction of this token that everyone's rooting for.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
#SUPER HOLDING ITS GROUND AMIDST RECENT BTC REJECTIONS! WHAT'S NEXT?
#SUPER is showing more signs of a bounce to breakout scenario. We have identified the 0.22 and 0.37 as the supports that will possibly hold for the continuation of its rally. Right now, there are many who are uncertain with the current market structure of SUPER. Albeit, as what we have analyzed there are still higher orders awaiting at the support key levels. Those who have awaited the possible rejection of SUPER in order to gain best positions in its price.
The support holding it at 0.55 is considered to be a minor support and we're currently looking at the possibility of the 2 supports below this minor one to hold SUPER. Specifically, we still consider 0.38 as a minor support but 0.23 could hold SUPER for the continuation of its markup phase causing itself to be identified as a major support.
SUPER have the potential to break the 1.61 major resistance and ensure that the other resistances holding it back to be broken causing a possible price surge to happen.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
If you're looking for explanations on how the crypto market structure works. You're in the right place.
Here's why.
There are many reasons as to why OP is currently holding its price and with no intention of declining further as of the moment. Although, this 1 factor we're going to discuss will change your perspective in trading. Main reasons for its price strong hold is the fact that the surrounding sentiment in the community for OP is excited. There are also many projects/developments undergoing for OP, i.e., hard fork, Sony testnet for OP-based Soneium and more. The 1 key factor that always points out to the reason why OP is holding so strong is the fact that many demands will continue to arise as many traders become more aware of its existence. Remember Solana before it has risen? How many believed and how many didn't? Guess what now, there are way too many believers. So, if you take that into account. OP will continue to strive in the crypto space.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
#UNFI CLOSING ABOVE THE MONTHLY LOW: WHAT COULD THIS IMPLY?
UNFI has recently made a huge decline and many is speculating that this token will immediately breakdown lower than its current major support.
Here's our key take.
There's a tendency for UNFI to fully breakdown, although, these criteria must be met before it's confirmed, otherwise, it could hold this key level. First, UNFI must significantly reject the key levels of 3.5, 4.1 & 4.5. Next, if these prices aren't the rejection areas for UNFI, the imbalances above these key levels just slightly below 9.3 must be fulfilled and formation of descending peaks will occur. Finally, once 1 of these criteria will be present, the neckline sitting at 2.12 would be broken down, eventually leading to lower value for UNFI. If none of these criteria are met, we must expect the bounce to happen and a rally to occur.
UPDATE FOR SEPTEMBER 2024 (UNFI)
UNFI hasn't broken down any of its monthly low where the neckline is sitting awaiting for its next reaction. The next possible step for UNFI would be gathering demands from traders who will notice the current scenario playing out with UNFI's strong hold. Thinking outside the box, a possibility for a long wick to cause shakeouts of early longs at around 0.816-1.460 can still playout before the total accumulation for UNFI happen and strengthen the buying pressure from buyers with the intention to cause a major rally.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
#BOND UPDATE: BEST SCALPING AND DAY TRADING TOKEN OF THIS YEAR
BOND is currently struggling to break past through the 2.1-2.7 price range. It has already been in a ranging market structure for 40 days. This is a good opportunity for the scalpers and day traders who want to earn reliable profit with selling at 2.16-2.38 and buying at 1.49-1.95. As we keep an eye on this token, the observation will surely payoff as after every ranging market there will be a major move.
This token is still ranging for more than 50 days already. As more traders acknowledge the existence of a golden opportunity of taking profit in between the daily opening and closing of this token. There would be more speculations created causing more traders joining in to take the spot of benefiting its current market structure.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
CRYPTO SECRETS ONLY A FEW KNOW ABOUT AND THEY'RE MAKING PROFIT!
THIS may be the first time when someone will post CRYPTO market information without any filter! You'd learn a lot here (for sure).
CRYPTO SECRETS ONLY A FEW KNOW ABOUT AND THEY'RE MAKING PROFIT! Formulating possible candlestick formation before they form is essential to better understanding of the price action of a token. This provides a chance for a trader to further prepare for the possible scenario that can occur. In this way, a trader can have greater positions within the market. First