Indicators
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ETP-Pro: Trade with Precision 🎯📈
A few months ago, I created an indicator called ETP-Pro, which uses Bayes' theorem to predict the probability of the next market move.
For example, if there’s a chance of a downward trend, it signals this by displaying a probability from the upper side, highlighting a top candle with a likelihood of moving down. It then compares this probability with the previous one, and that’s our cue to enter a trade. Similarly, on the buying side, when there’s a chance of a pump, it displays a probability from a downward candle, compares it with previous ones, and off we go—to the moon.
Building this took significant time and effort. I studied the theorem, implemented it into code (and coding isn’t easy!), and ensured high accuracy for precise signals.
After months of testing, it’s proven to be impressively accurate.
Think you're ready to master the market with ETP-Pro?
#EmperorMajesty #tradingtechnique #EducationalContent #technicalanalyst #Indicators
A few months ago, I created an indicator called ETP-Pro, which uses Bayes' theorem to predict the probability of the next market move.
For example, if there’s a chance of a downward trend, it signals this by displaying a probability from the upper side, highlighting a top candle with a likelihood of moving down. It then compares this probability with the previous one, and that’s our cue to enter a trade. Similarly, on the buying side, when there’s a chance of a pump, it displays a probability from a downward candle, compares it with previous ones, and off we go—to the moon.
Building this took significant time and effort. I studied the theorem, implemented it into code (and coding isn’t easy!), and ensured high accuracy for precise signals.
After months of testing, it’s proven to be impressively accurate.
Think you're ready to master the market with ETP-Pro?
#EmperorMajesty #tradingtechnique #EducationalContent #technicalanalyst #Indicators
🚨 The 14-day #RSI for the $SOL / $ETH pair has surged above 70, indicating overbought conditions—the highest since March.
This could indicate a potential pullback, with support possibly at 0.064.
#TradingAnalysis #Indicators #TrendingTopic
This could indicate a potential pullback, with support possibly at 0.064.
#TradingAnalysis #Indicators #TrendingTopic
This Indicator Could Make You Millions. Discover How
This indicator could make you millions.
A guy I know went from $100,000 to a $10M net worth, and you can too.
Discover how 👇
① Quick introduction:
Volume Profile indicator utilizes horizontal bars to represent trading activity at various price levels.
The bars are arranged vertically, with taller bars indicating areas of higher trade activity. Usually, tall bars can serve as support levels.
The Volume Profile is a charting technique created in the late 1980s by a trader called Peter Steidlmayer.
To put it simply, the Volume Profile (VP) indicator is a tool used in technical analysis to show how trading volume is distributed across various price levels during a specific period.
② How VP is Calculated
Essentially, Volume Profile takes the total volume traded at a specific price level during the specified time period and divides the total volume into either up volume (trades that moved the price up) or down volume (trades that moved the price down) and then makes that information easily visible to the trader.
③ Why understanding volume can be very useful for you:
Really, stop for a minute and try to think about why this metric really matters.
Pros say that price is simply an advertising mechanism in which time governs all advertised opportunities and volume ultimately determines the success or failure of all advertised opportunities.
④ Utilizing the Fixed Range Volume Profile (FRVP) indicator for trading
Now that you're prepared and have basic knowledge, let's delve into the FRVP tool.
This tool enables you to set a fixed range for the volume profile within a specific time frame.
You can find the FRVP Tool under "Prediction & Measurement Tools" on the left side of the chart on @TradingView platform.
⑤ How to use it effectively:
After selecting the FRVP tool, you will be prompted to specify a start and end point to calculate a volume profile distribution.
This tool is particularly effective in analyzing various impulse moves.
Here is an example with an impulse move on the D1 of DOGE/USDT. (Example video will be posted soon, check my profile)
⑥ Now, here is a more detailed explanation of the indicator:
We can define the following:
➬ Value Area High (VAH) – the highest price in the Value Area;
➬ Value Area Low (VAL) – the lowest price in the Value Area;
➬ Point of Control (PoC) – the most interesting things for us, it's the price level at which the maximum number of contracts were executed during a selected period.
⑦ FRVP trading example:
In the example below, we see the market cooling off after a prolonged uptrend to the left (finishing just on the edge of the chart). The price fell sharply, finding a bottom. Given the distinct high and low points, we can set the FRVP tool to these points.
The first area to notice is the POC, which acted as strong resistance within the multi-day range. Traders could have anticipated this area to hold, using other forms of technical analysis to find entries on a lower timeframe.
The POC area was eventually pierced through, indicating that it may be time for the price to come and meet the LVN toward the top of the range. This level represented the area with the lowest volume in the entire range. Combined with the prior bullishness offscreen, traders could have been confident that the price would at least reach this area, acting as a solid target if they had bought earlier near the POC.
However, it moved higher to tap the HVN. Notice that it’s the area with the highest volume besides the POC. After reaching the HVN, the price quickly reversed. Similar to the POC, traders could have anticipated bearishness from this area. The tweezer top chart pattern here acted as excellent confirmation.
⑧ Common mistakes when using the Fixed Range Volume Profile indicator:
What common mistakes do traders often make when using the Fixed Range Volume Profile indicator?
1️⃣ Neglecting other market indicators
Some traders rely solely on Fixed Range Volume Profile and ignore other crucial market indicators. This approach can result in a one-dimensional trading strategy, which is never a good thing. A solid Fixed Range Volume Profile strategy should include other tools that can help confirm reversals at support or resistance levels, like the Relative Strength Index (RSI) or MACD.
2️⃣ Over-reliance on historical data
While the FRVP is effective in visualizing historical trading activity, it is not a crystal ball predicting future price movements. Traders should avoid the mistake of considering the volume profile as the sole indicator of future trends. It’s a good idea to consider the fundamental factors that may drive a market in a certain direction and then complement your analysis with the FRVP.
3️⃣ Misinterpretation of volume nodes
Traders may incorrectly assume that all HVNs or LVNs are equally significant. However, their importance can vary based on the broader market context. For instance, strong bullishness in the market may cause an HVN to be traded through with little consideration.
✪ To summarize everything above:
In this guide, we've unpacked the complexities of the Fixed Range Volume Profile (FRVP), revealing its components, applications, and potential pitfalls.
You've learned how the FRVP offers insight into the relationship between volume and price data, aids in trend identification, and pinpoints crucial support and resistance levels.
By now, you should have a comprehensive understanding of when and how to utilize the FRVP.
DON'T FORGET TO FOLLOW ME FOR MORE 🦅
#Indicators #Volume #altcoins #BitEagleNews
A guy I know went from $100,000 to a $10M net worth, and you can too.
Discover how 👇
① Quick introduction:
Volume Profile indicator utilizes horizontal bars to represent trading activity at various price levels.
The bars are arranged vertically, with taller bars indicating areas of higher trade activity. Usually, tall bars can serve as support levels.
The Volume Profile is a charting technique created in the late 1980s by a trader called Peter Steidlmayer.
To put it simply, the Volume Profile (VP) indicator is a tool used in technical analysis to show how trading volume is distributed across various price levels during a specific period.
② How VP is Calculated
Essentially, Volume Profile takes the total volume traded at a specific price level during the specified time period and divides the total volume into either up volume (trades that moved the price up) or down volume (trades that moved the price down) and then makes that information easily visible to the trader.
③ Why understanding volume can be very useful for you:
Really, stop for a minute and try to think about why this metric really matters.
Pros say that price is simply an advertising mechanism in which time governs all advertised opportunities and volume ultimately determines the success or failure of all advertised opportunities.
④ Utilizing the Fixed Range Volume Profile (FRVP) indicator for trading
Now that you're prepared and have basic knowledge, let's delve into the FRVP tool.
This tool enables you to set a fixed range for the volume profile within a specific time frame.
You can find the FRVP Tool under "Prediction & Measurement Tools" on the left side of the chart on @TradingView platform.
⑤ How to use it effectively:
After selecting the FRVP tool, you will be prompted to specify a start and end point to calculate a volume profile distribution.
This tool is particularly effective in analyzing various impulse moves.
Here is an example with an impulse move on the D1 of DOGE/USDT. (Example video will be posted soon, check my profile)
⑥ Now, here is a more detailed explanation of the indicator:
We can define the following:
➬ Value Area High (VAH) – the highest price in the Value Area;
➬ Value Area Low (VAL) – the lowest price in the Value Area;
➬ Point of Control (PoC) – the most interesting things for us, it's the price level at which the maximum number of contracts were executed during a selected period.
⑦ FRVP trading example:
In the example below, we see the market cooling off after a prolonged uptrend to the left (finishing just on the edge of the chart). The price fell sharply, finding a bottom. Given the distinct high and low points, we can set the FRVP tool to these points.
The first area to notice is the POC, which acted as strong resistance within the multi-day range. Traders could have anticipated this area to hold, using other forms of technical analysis to find entries on a lower timeframe.
The POC area was eventually pierced through, indicating that it may be time for the price to come and meet the LVN toward the top of the range. This level represented the area with the lowest volume in the entire range. Combined with the prior bullishness offscreen, traders could have been confident that the price would at least reach this area, acting as a solid target if they had bought earlier near the POC.
However, it moved higher to tap the HVN. Notice that it’s the area with the highest volume besides the POC. After reaching the HVN, the price quickly reversed. Similar to the POC, traders could have anticipated bearishness from this area. The tweezer top chart pattern here acted as excellent confirmation.
⑧ Common mistakes when using the Fixed Range Volume Profile indicator:
What common mistakes do traders often make when using the Fixed Range Volume Profile indicator?
1️⃣ Neglecting other market indicators
Some traders rely solely on Fixed Range Volume Profile and ignore other crucial market indicators. This approach can result in a one-dimensional trading strategy, which is never a good thing. A solid Fixed Range Volume Profile strategy should include other tools that can help confirm reversals at support or resistance levels, like the Relative Strength Index (RSI) or MACD.
2️⃣ Over-reliance on historical data
While the FRVP is effective in visualizing historical trading activity, it is not a crystal ball predicting future price movements. Traders should avoid the mistake of considering the volume profile as the sole indicator of future trends. It’s a good idea to consider the fundamental factors that may drive a market in a certain direction and then complement your analysis with the FRVP.
3️⃣ Misinterpretation of volume nodes
Traders may incorrectly assume that all HVNs or LVNs are equally significant. However, their importance can vary based on the broader market context. For instance, strong bullishness in the market may cause an HVN to be traded through with little consideration.
✪ To summarize everything above:
In this guide, we've unpacked the complexities of the Fixed Range Volume Profile (FRVP), revealing its components, applications, and potential pitfalls.
You've learned how the FRVP offers insight into the relationship between volume and price data, aids in trend identification, and pinpoints crucial support and resistance levels.
By now, you should have a comprehensive understanding of when and how to utilize the FRVP.
DON'T FORGET TO FOLLOW ME FOR MORE 🦅
#Indicators #Volume #altcoins #BitEagleNews
**How to Use Indicators on Binance: A Step-by-Step Guide 📊💡**
Using technical indicators on Binance can greatly enhance your ability to analyze cryptocurrency markets and make informed trading decisions. Here’s a simple step-by-step guide to help you get started:
1. **Log into Your Binance Account**: Head over to Binance and log in with your credentials. Make sure you’re on the main trading page.
2. **Choose Your Trading Pair**: Select the cryptocurrency pair you want to analyze from the market section.
3. **Access the Advanced Chart**: Click on the chart icon or “Advanced” to open the full trading chart. This will give you access to all the technical tools Binance offers.
4. **Open the Indicators Menu**: Once you’re in the advanced chart, look for the “Indicators” tab, typically located at the top of the chart. Click on it to open a list of available indicators.
5. **Select Your Indicator**: Binance offers a wide range of indicators, including Moving Averages (MA), Relative Strength Index (RSI), Bollinger Bands, and more. Click on the indicator you wish to apply, and it will automatically be added to your chart.
6. **Customize the Indicator**: Most indicators allow you to customize settings like period lengths, colors, and display options. Adjust these settings to suit your trading strategy.
7. **Analyze and Trade**: With the indicators applied, you can now analyze the trends, signals, and patterns. Use this analysis to make more informed trading decisions.
Using indicators effectively can give you an edge in the fast-paced world of cryptocurrency trading. Happy trading! 🚀📈
#Indicators
$BTC
$ETH
$USDC
Using technical indicators on Binance can greatly enhance your ability to analyze cryptocurrency markets and make informed trading decisions. Here’s a simple step-by-step guide to help you get started:
1. **Log into Your Binance Account**: Head over to Binance and log in with your credentials. Make sure you’re on the main trading page.
2. **Choose Your Trading Pair**: Select the cryptocurrency pair you want to analyze from the market section.
3. **Access the Advanced Chart**: Click on the chart icon or “Advanced” to open the full trading chart. This will give you access to all the technical tools Binance offers.
4. **Open the Indicators Menu**: Once you’re in the advanced chart, look for the “Indicators” tab, typically located at the top of the chart. Click on it to open a list of available indicators.
5. **Select Your Indicator**: Binance offers a wide range of indicators, including Moving Averages (MA), Relative Strength Index (RSI), Bollinger Bands, and more. Click on the indicator you wish to apply, and it will automatically be added to your chart.
6. **Customize the Indicator**: Most indicators allow you to customize settings like period lengths, colors, and display options. Adjust these settings to suit your trading strategy.
7. **Analyze and Trade**: With the indicators applied, you can now analyze the trends, signals, and patterns. Use this analysis to make more informed trading decisions.
Using indicators effectively can give you an edge in the fast-paced world of cryptocurrency trading. Happy trading! 🚀📈
#Indicators
$BTC
$ETH
$USDC
I would like to share my portfolio on FUTURES trading entry I'm very happy to motivate others to gain more profits, the techniques is be patience do a research and study more fundamentals and technical analysis and most of all learn to how to control your emotion..
with 688% winning rate in 30 days of my trade and 213% in 7 Days .
happy trading guys..✈️✈️✈️✈️
#Write2Earn
#TrendingTopic
#Indicators
with 688% winning rate in 30 days of my trade and 213% in 7 Days .
happy trading guys..✈️✈️✈️✈️
#Write2Earn
#TrendingTopic
#Indicators
In cryptocurrency futures trading, several indicators are commonly used by traders to analyze price trends, make informed decisions, and manage risk. Here are some widely used indicators:
1. Moving Averages (MA): Helps smooth out price data to identify trends over a specific period, such as the Simple Moving Average (SMA) or Exponential Moving Average (EMA).
2. Relative Strength Index (RSI): Measures the speed and change of price movements, indicating overbought or oversold conditions.
3. MACD (Moving Average Convergence Divergence): Provides insights into the strength and direction of a trend, combining two moving averages.
4. Bollinger Bands: Consists of a middle band being an N-period simple moving average, an upper band at K times an N-period standard deviation above the middle band, and a lower band at K times an N-period standard deviation below the middle band.
5. Fibonacci Retracement: Identifies potential reversal levels based on horizontal lines representing areas of support or resistance at the key Fibonacci levels.
6. Volume Profile: Displays trading activity at different price levels, helping to identify areas of high and low interest.
7. Ichimoku Cloud: Offers information about support and resistance levels, trend direction, and momentum, providing a comprehensive view of the market.
8. Stochastic Oscillator: Indicates the location of the closing price relative to the price range over a specified period.
9. Average True Range (ATR): Measures market volatility by calculating the average range between high and low prices.
10. On-Balance Volume (OBV): Reflects the cumulative volume flow, helping to confirm price trends.
It's essential to note that no single indicator guarantees success, and traders often use a combination of indicators to make well-informed decisions. Additionally, strategies may vary based on individual trading styles and preferences.
((( comments down if you want to get full setup for each indicators )))
I would appreciate your support through tip
$BTC $ETH $BNB #Ada
#Indicators #Futuretrades #Ada #teachingcrypto
1. Moving Averages (MA): Helps smooth out price data to identify trends over a specific period, such as the Simple Moving Average (SMA) or Exponential Moving Average (EMA).
2. Relative Strength Index (RSI): Measures the speed and change of price movements, indicating overbought or oversold conditions.
3. MACD (Moving Average Convergence Divergence): Provides insights into the strength and direction of a trend, combining two moving averages.
4. Bollinger Bands: Consists of a middle band being an N-period simple moving average, an upper band at K times an N-period standard deviation above the middle band, and a lower band at K times an N-period standard deviation below the middle band.
5. Fibonacci Retracement: Identifies potential reversal levels based on horizontal lines representing areas of support or resistance at the key Fibonacci levels.
6. Volume Profile: Displays trading activity at different price levels, helping to identify areas of high and low interest.
7. Ichimoku Cloud: Offers information about support and resistance levels, trend direction, and momentum, providing a comprehensive view of the market.
8. Stochastic Oscillator: Indicates the location of the closing price relative to the price range over a specified period.
9. Average True Range (ATR): Measures market volatility by calculating the average range between high and low prices.
10. On-Balance Volume (OBV): Reflects the cumulative volume flow, helping to confirm price trends.
It's essential to note that no single indicator guarantees success, and traders often use a combination of indicators to make well-informed decisions. Additionally, strategies may vary based on individual trading styles and preferences.
((( comments down if you want to get full setup for each indicators )))
I would appreciate your support through tip
$BTC $ETH $BNB #Ada
#Indicators #Futuretrades #Ada #teachingcrypto
🤑 If You want earn some money in crypto, You have to be careful and gain some knowledge. One of the most important thing, when You are planning to invest, is diversity. 🤑
Maybe this term sounds complicated but
it's absolutely not. Diversifying your cryptocurrency portfolio involves spreading your capital across different assets. Taking such actions reduces the investment risk. 💥
Now it's time for practice. How to properly diversify a cryptocurrency portfolio? I will not writing about obvious things like gain knowledge about specific crypto or read news daily.
1. You have to understand that diversification is not necessarily intended to maximize returns, but rather to protect against unpredictability and risk. By investing in different assets with various risk, You can achieve a more stable and predictable return in the long run.
2. Before investing get some time to think about Your aims and risk tolerance. If You want maximum gain and tolerance higher risk invest more funds in less popular or young crypto. That kind of assets can rise rapidly and get huge profit. But in the other hand, lower the price can be as well spectacular. 🤔
3. Observe the indicators and buy currency when price is low and sell when is high. How? One of the most fundamental indicators is MA. 🤑
There's two major MA:
*SMA – simple moving average uses the arithmetic average of a given set of prices for a specified number of days.
*EMA – Exponential Moving Average uses a weighted average, giving more importance to the most recent, making it more sensitive to new information.
How use it? You have to looking for line crosses. ❗🤑❗
***Golden Cross - Occurs when the faster moving 50-day moving average crosses upwards the slower moving 200-day moving average. Bullish trend reversal pattern.
***Death Cross - Occurs when the faster moving 50-day moving average crosses down the slower moving 200-day average. A bearish trend reversal signal.
Of course that's not enough. If You enjoyed text I've will written further parts.
#Write2Earn #Indicators #TrendingTopic
Maybe this term sounds complicated but
it's absolutely not. Diversifying your cryptocurrency portfolio involves spreading your capital across different assets. Taking such actions reduces the investment risk. 💥
Now it's time for practice. How to properly diversify a cryptocurrency portfolio? I will not writing about obvious things like gain knowledge about specific crypto or read news daily.
1. You have to understand that diversification is not necessarily intended to maximize returns, but rather to protect against unpredictability and risk. By investing in different assets with various risk, You can achieve a more stable and predictable return in the long run.
2. Before investing get some time to think about Your aims and risk tolerance. If You want maximum gain and tolerance higher risk invest more funds in less popular or young crypto. That kind of assets can rise rapidly and get huge profit. But in the other hand, lower the price can be as well spectacular. 🤔
3. Observe the indicators and buy currency when price is low and sell when is high. How? One of the most fundamental indicators is MA. 🤑
There's two major MA:
*SMA – simple moving average uses the arithmetic average of a given set of prices for a specified number of days.
*EMA – Exponential Moving Average uses a weighted average, giving more importance to the most recent, making it more sensitive to new information.
How use it? You have to looking for line crosses. ❗🤑❗
***Golden Cross - Occurs when the faster moving 50-day moving average crosses upwards the slower moving 200-day moving average. Bullish trend reversal pattern.
***Death Cross - Occurs when the faster moving 50-day moving average crosses down the slower moving 200-day average. A bearish trend reversal signal.
Of course that's not enough. If You enjoyed text I've will written further parts.
#Write2Earn #Indicators #TrendingTopic
✍️ HOW TO WORK WITH RSI CORRECTLY
Different markets types require different settings:📉 Bear Market -> Lower 20, Upper 60📈 Bull Market -> Lower 40, Upper 80📉Divergence = Price and RSI diverging = Bearish📈Convergence = Price and RSI converging = Bullish#TrendingTopic #RSI #Indicators #Information #Portal
Solana's Uphill Battle: SOL Price Struggles to Stabilize
Solana has slipped below the critical $150 support zone, with SOL price now consolidating and potentially poised for recovery if it surpasses the $152.50 resistance level.
Key Points:
SOL price fell further, dipping below $150 against the US Dollar.
Currently trading under $160 and the 100-hourly simple moving average.
An hourly chart of the SOL/USD pair (sourced from Kraken) shows a bearish trend line with resistance at $150.
Clearing the $152.50 resistance could trigger a short-term recovery.
Solana Price on the Mend:
Like Bitcoin and Ethereum, Solana's price has been in a short-term bearish trend, extending losses below the $160 support and now consolidating under $150. A minor move above the 23.6% Fib retracement level from the $163.25 swing high to the $145.03 low was observed. SOL is now trading below $155 and the 100-hourly simple moving average, with immediate resistance near $150.
A bearish trend line with resistance at $150 is evident on the hourly SOL/USD chart. The next significant resistance is around $152.50. A decisive close above this level could initiate a substantial upward move. The next key resistance is near $157, aligned with the 61.8% Fib retracement level from the $163.25 high to the $145.03 low. Further gains could push the price towards $165.
Technical Indicators:
Hourly MACD: The MACD for SOL/USD is slowing in the bearish zone.Hourly RSI: The RSI for SOL/USD is below the 50 level.
Support Levels: $145, $142
Resistance Levels: $152.50, $157, $165
Potential for Further Decline:
If SOL cannot break through the $152.50 resistance, it may face another downturn. Initial downside support is near $145, with the first major support at $142. A drop below this could see the price testing $135, and a close below $135 could lead to a decline towards the $120 support in the near term. $SOL $BTC
Disclaimer:
Research Yourself before investing, use only risk-worthy funds, and take full responsibility for your decisions.
#SolanaUSTD #SOL/USDT #Indicators
Solana has slipped below the critical $150 support zone, with SOL price now consolidating and potentially poised for recovery if it surpasses the $152.50 resistance level.
Key Points:
SOL price fell further, dipping below $150 against the US Dollar.
Currently trading under $160 and the 100-hourly simple moving average.
An hourly chart of the SOL/USD pair (sourced from Kraken) shows a bearish trend line with resistance at $150.
Clearing the $152.50 resistance could trigger a short-term recovery.
Solana Price on the Mend:
Like Bitcoin and Ethereum, Solana's price has been in a short-term bearish trend, extending losses below the $160 support and now consolidating under $150. A minor move above the 23.6% Fib retracement level from the $163.25 swing high to the $145.03 low was observed. SOL is now trading below $155 and the 100-hourly simple moving average, with immediate resistance near $150.
A bearish trend line with resistance at $150 is evident on the hourly SOL/USD chart. The next significant resistance is around $152.50. A decisive close above this level could initiate a substantial upward move. The next key resistance is near $157, aligned with the 61.8% Fib retracement level from the $163.25 high to the $145.03 low. Further gains could push the price towards $165.
Technical Indicators:
Hourly MACD: The MACD for SOL/USD is slowing in the bearish zone.Hourly RSI: The RSI for SOL/USD is below the 50 level.
Support Levels: $145, $142
Resistance Levels: $152.50, $157, $165
Potential for Further Decline:
If SOL cannot break through the $152.50 resistance, it may face another downturn. Initial downside support is near $145, with the first major support at $142. A drop below this could see the price testing $135, and a close below $135 could lead to a decline towards the $120 support in the near term. $SOL $BTC
Disclaimer:
Research Yourself before investing, use only risk-worthy funds, and take full responsibility for your decisions.
#SolanaUSTD #SOL/USDT #Indicators
📈How to Identify a Bull Run in Bitcoin? 3 Key Indicators!
The Bitcoin bull run, a beacon of anticipation in the crypto community, holds secrets that can be deciphered through three essential indicators. Let's dive into the analysis:
1. Market Sentiment Analysis 🚀
Understanding market sentiment is pivotal in predicting the start of a Bitcoin bull run. Positive sentiment, reflecting increased enthusiasm among investors, can signal an upcoming rise in Bitcoin prices. Analysts turn to social media platforms, especially Twitter and Reddit, as central hubs for cryptocurrency discussions. Sophisticated sentiment analysis tools, employing natural language processing, dissect the tone and volume of conversations to determine if the mood is positive, negative, or neutral.
2. Technical Analysis and Chart Patterns 📊
Technical analysis is the bedrock of predicting a Bitcoin bull run. Studying historical price movements and trading volumes unveils insights into future market dynamics. Chart patterns, such as 'head and shoulders' or 'double bottom,' serve as fingerprints of market psychology, narrating the tug-of-war between buyers and sellers. Candlestick formations tell micro-stories about price movements, with patterns like 'bullish engulfing' indicating strong buying pressure. Volume is crucial; a significant price increase with high volume confirms a potential bull run.
3. On-Chain Metrics 🔗
On-chain metrics provide a direct look into Bitcoin's fundamental health. Transaction volume within the blockchain is a critical metric, reflecting both growing interest and increased network usage for transfers and payments. A sustained increase in transaction volume can be a precursor to a bull run. These metrics offer a window into Bitcoin's intrinsic value, going beyond traditional market data.
🚀 Stay Ahead of the Crypto Wave: Follow The Blockopedia for Real-time Updates!
🌐 For the latest in the crypto market, follow The Blockopedia. Don't miss out on the next crypto surge!
#Indicators #USDC #crypto #cryptocurrency #crypto2023
The Bitcoin bull run, a beacon of anticipation in the crypto community, holds secrets that can be deciphered through three essential indicators. Let's dive into the analysis:
1. Market Sentiment Analysis 🚀
Understanding market sentiment is pivotal in predicting the start of a Bitcoin bull run. Positive sentiment, reflecting increased enthusiasm among investors, can signal an upcoming rise in Bitcoin prices. Analysts turn to social media platforms, especially Twitter and Reddit, as central hubs for cryptocurrency discussions. Sophisticated sentiment analysis tools, employing natural language processing, dissect the tone and volume of conversations to determine if the mood is positive, negative, or neutral.
2. Technical Analysis and Chart Patterns 📊
Technical analysis is the bedrock of predicting a Bitcoin bull run. Studying historical price movements and trading volumes unveils insights into future market dynamics. Chart patterns, such as 'head and shoulders' or 'double bottom,' serve as fingerprints of market psychology, narrating the tug-of-war between buyers and sellers. Candlestick formations tell micro-stories about price movements, with patterns like 'bullish engulfing' indicating strong buying pressure. Volume is crucial; a significant price increase with high volume confirms a potential bull run.
3. On-Chain Metrics 🔗
On-chain metrics provide a direct look into Bitcoin's fundamental health. Transaction volume within the blockchain is a critical metric, reflecting both growing interest and increased network usage for transfers and payments. A sustained increase in transaction volume can be a precursor to a bull run. These metrics offer a window into Bitcoin's intrinsic value, going beyond traditional market data.
🚀 Stay Ahead of the Crypto Wave: Follow The Blockopedia for Real-time Updates!
🌐 For the latest in the crypto market, follow The Blockopedia. Don't miss out on the next crypto surge!
#Indicators #USDC #crypto #cryptocurrency #crypto2023
Hi guys, just sharing my 2 cents here.
Been trading for a while now (2019) and I kept using the same indicator.
Bollinger Bands is perfect to see the volume and support resistance points.
MA 50 and MA200 is perfect to see the price movements. These two can be your “wall”. Either it can act like a support/resistance.
Stochastic (14,3,3) and RSI 14 really help!
You can see the movements with this 2 indicator. At least you’re not buying on top 😒
The higher the timeframe is the better.
And make sure that the higher timeframe is align with the lower timeframe (if you’re scalping).
And last but not least, SUPPORT and RESISTANCE zone or supply & demand area. Make sure you watch this tutorial on youtube. They’re everywhere.
Mix all of em, be patient, and dont FOMO.
I’m sure ya’ll be alright!
Hope this helps a little!
#Indicators #BullorBear #BeginnerTrader
Been trading for a while now (2019) and I kept using the same indicator.
Bollinger Bands is perfect to see the volume and support resistance points.
MA 50 and MA200 is perfect to see the price movements. These two can be your “wall”. Either it can act like a support/resistance.
Stochastic (14,3,3) and RSI 14 really help!
You can see the movements with this 2 indicator. At least you’re not buying on top 😒
The higher the timeframe is the better.
And make sure that the higher timeframe is align with the lower timeframe (if you’re scalping).
And last but not least, SUPPORT and RESISTANCE zone or supply & demand area. Make sure you watch this tutorial on youtube. They’re everywhere.
Mix all of em, be patient, and dont FOMO.
I’m sure ya’ll be alright!
Hope this helps a little!
#Indicators #BullorBear #BeginnerTrader
Analytical tools to identify market trends.
◽ Cryptocurrencies are considered an emerging trading asset and therefore investors need analytical tools to identify market trends and make trading decisions.
In this article, we will mention the most popular analysis tools among analysts.
▪️Moving Average: This tool is used to determine the market trend based on average prices over a specific period of time. The moving average is one of the most popular analytical tools in the digital currency market.
▪️Relative Strength Index (RSI): This indicator is used to determine whether the currency is buying or selling. The indicator depends on measuring the strength of momentum in the market. It consists of a horizontal channel in which the moving average moves and is defined by two lines representing the bottom and top of the indicator.
▪️MACD indicator: This indicator is used to determine the direction and momentum of the market. The indicator is based on a comparison between two moving averages with different time frames, or it can be used as evidence of divergence.
▪️Bollinger Band indicator: This indicator is used to determine whether the currency will be sold or bought. The indicator depends on determining the price range of the currency.
▪️Trading volume indicator: This indicator is used to determine the trading volume in the market. The indicator is based on measuring trading volume over a specific period of time.
▪️Support and resistance levels: They can be considered an indicator determined by the trader. The indicator depends on identifying points that contain a large number of transactions, or in other words, price reversal levels.
◽Using these analytical tools, traders or investors can identify market trends and make trading decisions based on market analysis and news related to digital currencies. These tools can be used to compare the performance of cryptocurrencies against each other and identify the most successful ones in the market.
#Megadrop
#BinanceLaunchpool
#StartInvestingInCrypto
#Indicators
◽ Cryptocurrencies are considered an emerging trading asset and therefore investors need analytical tools to identify market trends and make trading decisions.
In this article, we will mention the most popular analysis tools among analysts.
▪️Moving Average: This tool is used to determine the market trend based on average prices over a specific period of time. The moving average is one of the most popular analytical tools in the digital currency market.
▪️Relative Strength Index (RSI): This indicator is used to determine whether the currency is buying or selling. The indicator depends on measuring the strength of momentum in the market. It consists of a horizontal channel in which the moving average moves and is defined by two lines representing the bottom and top of the indicator.
▪️MACD indicator: This indicator is used to determine the direction and momentum of the market. The indicator is based on a comparison between two moving averages with different time frames, or it can be used as evidence of divergence.
▪️Bollinger Band indicator: This indicator is used to determine whether the currency will be sold or bought. The indicator depends on determining the price range of the currency.
▪️Trading volume indicator: This indicator is used to determine the trading volume in the market. The indicator is based on measuring trading volume over a specific period of time.
▪️Support and resistance levels: They can be considered an indicator determined by the trader. The indicator depends on identifying points that contain a large number of transactions, or in other words, price reversal levels.
◽Using these analytical tools, traders or investors can identify market trends and make trading decisions based on market analysis and news related to digital currencies. These tools can be used to compare the performance of cryptocurrencies against each other and identify the most successful ones in the market.
#Megadrop
#BinanceLaunchpool
#StartInvestingInCrypto
#Indicators
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What are the best indicators on the famous Trading View platform?
The “best” indicator cannot be determined conclusively, because the effectiveness of the indicator depends on the strategy used and the market in which it is traded. However, there are some popular and widely used indicators in the TradingView platform that have proven their effectiveness over time.
Among these indicators:
1. Relative Strength Index (RSI): It is used to measure the speed and size of price movements, and is considered one of the common indicators to identify cases of overbought and oversold.
Among these indicators:
1. Relative Strength Index (RSI): It is used to measure the speed and size of price movements, and is considered one of the common indicators to identify cases of overbought and oversold.
Learn Resistance Zones in Trading.
What is a Resistance Zone?
A resistance zone refers to a specific price level on a #trading chart where an asset encounters obstacles to further upward movement. It's like a barrier that prevents the price from easily moving higher. In simple terms, it's a level at which selling pressure tends to increase, making it difficult for the price to continue rising.
Why Do Resistance Zones Occur?
Resistance zones occur due to various factors:
Previous Price Highs: One common reason for a #resistance zone is when the price of an asset reaches levels where it previously struggled to go higher. Traders often pay attention to historical price highs as they can act as significant resistance points in the future. Technical Indicators: Traders often use technical #Indicators like moving averages, Fibonacci retracement levels, or trendlines to identify potential resistance zones. When these indicators converge around a particular price level, it can reinforce the resistance effect. Psychological Levels: Certain price levels, such as round numbers or significant milestones, can act as #psychological barriers to further price appreciation. For example, a stock trading at $100 may face increased selling pressure as traders take profits or initiate short positions.
How to Identify Resistance Zones?
Identifying resistance zones requires careful analysis of price charts and relevant technical indicators. Here are some common methods traders use:
Chart Patterns: Traders often look for chart #patterns like double tops, triple tops, or head and shoulders formations, which can indicate potential resistance zones. Volume Analysis: An increase in trading volume near a particular price level can signal the presence of a resistance zone. Higher volume suggests increased activity from sellers. Support and Resistance Lines: Drawing horizontal lines on a chart to connect previous highs can help identify resistance zones. These lines act as visual guides for traders.
Why Are Resistance Zones Important?
Understanding resistance zones is crucial for traders for several reasons:
Entry and Exit Points: Traders use resistance zones to identify optimal entry points for short positions or exit points for long positions. When the price approaches a resistance zone, traders may consider selling or taking profits. Risk Management: Recognizing resistance zones helps traders manage risk by placing stop-loss orders above these levels to protect against potential losses if the price breaks out to the upside. Confirmation of Trends: Resistance zones can confirm the validity of existing trends. If the price fails to break above a resistance zone despite multiple attempts, it could signal a continuation of the current downtrend.
By Admin/@Bitcoin Bull
$ENA $SAGA $PEPE
A resistance zone refers to a specific price level on a #trading chart where an asset encounters obstacles to further upward movement. It's like a barrier that prevents the price from easily moving higher. In simple terms, it's a level at which selling pressure tends to increase, making it difficult for the price to continue rising.
Why Do Resistance Zones Occur?
Resistance zones occur due to various factors:
Previous Price Highs: One common reason for a #resistance zone is when the price of an asset reaches levels where it previously struggled to go higher. Traders often pay attention to historical price highs as they can act as significant resistance points in the future. Technical Indicators: Traders often use technical #Indicators like moving averages, Fibonacci retracement levels, or trendlines to identify potential resistance zones. When these indicators converge around a particular price level, it can reinforce the resistance effect. Psychological Levels: Certain price levels, such as round numbers or significant milestones, can act as #psychological barriers to further price appreciation. For example, a stock trading at $100 may face increased selling pressure as traders take profits or initiate short positions.
How to Identify Resistance Zones?
Identifying resistance zones requires careful analysis of price charts and relevant technical indicators. Here are some common methods traders use:
Chart Patterns: Traders often look for chart #patterns like double tops, triple tops, or head and shoulders formations, which can indicate potential resistance zones. Volume Analysis: An increase in trading volume near a particular price level can signal the presence of a resistance zone. Higher volume suggests increased activity from sellers. Support and Resistance Lines: Drawing horizontal lines on a chart to connect previous highs can help identify resistance zones. These lines act as visual guides for traders.
Why Are Resistance Zones Important?
Understanding resistance zones is crucial for traders for several reasons:
Entry and Exit Points: Traders use resistance zones to identify optimal entry points for short positions or exit points for long positions. When the price approaches a resistance zone, traders may consider selling or taking profits. Risk Management: Recognizing resistance zones helps traders manage risk by placing stop-loss orders above these levels to protect against potential losses if the price breaks out to the upside. Confirmation of Trends: Resistance zones can confirm the validity of existing trends. If the price fails to break above a resistance zone despite multiple attempts, it could signal a continuation of the current downtrend.
By Admin/@Bitcoin Bull
$ENA $SAGA $PEPE
Hello guys just look at this cryptopredix indicator giving so many entries even before the drop where do u find these entries on regular basis no group or signal provider is going to provide you entries whole day like this indicator is giving with massive profits , if you still dont have this indicator then you should go and get it to improve your profits and trading or just keep on waiting whole day for the paid groups to give u entries 😀😀 #bitcoinhalving #BullorBear #Indicators #Memecoins
#Write2Earn #JUP #TrendingTopic #BinanceSqaure Guys I decided to share you with the basic of trading from start towards professional trading I will assure profit criteria don't lose your money in buying signal I will try my best to share experience that I got with kind hearted I always ask you please make sure you learn everything which is required for technical analysis of trading you can use these techniques in all trading exchange ND in stock exchange
📉 chart patterns ,candle indicators websites by sharing pictures and videos please like share and support #Indicators
📉 chart patterns ,candle indicators websites by sharing pictures and videos please like share and support #Indicators
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🚨 $BTC NEWS ALERT 🚨
🔴#long-term Bitcoin Holders Accumulate $23 Billion in the Last 30 Days
In a significant move reflecting growing confidence in #bitcoin☀️ , long-term holders have accumulated nearly $23 billion worth of the cryptocurrency in the past 30 days. This substantial accumulation was highlighted by Ki Young Ju, CEO of #CryptoQuant .
The increased holdings by these investors suggest a strong #BullishSentiment , indicating that they anticipate a rise in Bitcoin's value. With such a large amount of Bitcoin being taken off the market, this reduction in supply could potentially drive up prices.
As Bitcoin continues to evolve as a major asset, the actions of long-term holders are a crucial #Indicators of market trends and future price movements.
(🌐Source: CryptoQuant)
🔴#long-term Bitcoin Holders Accumulate $23 Billion in the Last 30 Days
In a significant move reflecting growing confidence in #bitcoin☀️ , long-term holders have accumulated nearly $23 billion worth of the cryptocurrency in the past 30 days. This substantial accumulation was highlighted by Ki Young Ju, CEO of #CryptoQuant .
The increased holdings by these investors suggest a strong #BullishSentiment , indicating that they anticipate a rise in Bitcoin's value. With such a large amount of Bitcoin being taken off the market, this reduction in supply could potentially drive up prices.
As Bitcoin continues to evolve as a major asset, the actions of long-term holders are a crucial #Indicators of market trends and future price movements.
(🌐Source: CryptoQuant)
⚫ Create Your Own Trading Indicator with Example
Certainly! Pine Script is a domain-specific programming language used for creating custom technical analysis indicators on TradingView.
➡️ Here's a simple example of a moving average crossover strategy:
//@version=4
study("Simple Moving Average Crossover", overlay=true)
// Input parameters
fastLength = input(9, title="Fast Length")
slowLength = input(21, title="Slow Length")
src = input(close, title="Source")
// Calculate moving averages
fastMA = sma(src, fastLength)
slowMA = sma(src, slowLength)
// Plot moving averages
plot(fastMA, color=color.blue, title="Fast MA")
plot(slowMA, color=color.red, title="Slow MA")
// Create trading signals
longCondition = crossover(fastMA, slowMA)
shortCondition = crossunder(fastMA, slowMA)
// Plot signals on the chart
plotshape(series=longCondition, title="Buy Signal", color=color.green, style=shape.triangleup, location=location.belowbar)
plotshape(series=shortCondition, title="Sell Signal", color=color.red, style=shape.triangledown, location=location.abovebar)
This script creates a simple moving average crossover strategy with a fast and slow moving average. Buy signals are generated when the fast MA crosses above the slow MA, and sell signals occur when the fast MA crosses below the slow MA. The script plots the moving averages and indicates buy/sell signals on the chart.
You can customize the input parameters like 'fastLength' and 'slowLength' to suit your preferences.
To use this script on TradingView, open the Pine Editor, paste the code, and then add the script to your chart.
#tradingview #Indicators #BTC #Signal🚥 #SATS
Thanks for reading....
Certainly! Pine Script is a domain-specific programming language used for creating custom technical analysis indicators on TradingView.
➡️ Here's a simple example of a moving average crossover strategy:
//@version=4
study("Simple Moving Average Crossover", overlay=true)
// Input parameters
fastLength = input(9, title="Fast Length")
slowLength = input(21, title="Slow Length")
src = input(close, title="Source")
// Calculate moving averages
fastMA = sma(src, fastLength)
slowMA = sma(src, slowLength)
// Plot moving averages
plot(fastMA, color=color.blue, title="Fast MA")
plot(slowMA, color=color.red, title="Slow MA")
// Create trading signals
longCondition = crossover(fastMA, slowMA)
shortCondition = crossunder(fastMA, slowMA)
// Plot signals on the chart
plotshape(series=longCondition, title="Buy Signal", color=color.green, style=shape.triangleup, location=location.belowbar)
plotshape(series=shortCondition, title="Sell Signal", color=color.red, style=shape.triangledown, location=location.abovebar)
This script creates a simple moving average crossover strategy with a fast and slow moving average. Buy signals are generated when the fast MA crosses above the slow MA, and sell signals occur when the fast MA crosses below the slow MA. The script plots the moving averages and indicates buy/sell signals on the chart.
You can customize the input parameters like 'fastLength' and 'slowLength' to suit your preferences.
To use this script on TradingView, open the Pine Editor, paste the code, and then add the script to your chart.
#tradingview #Indicators #BTC #Signal🚥 #SATS
Thanks for reading....
