technicalanalyst
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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
Today's $BTC BTC forecast got me peeking at those charts like a worried squirrel. Why?
Well, the #bitcoinhalving is knocking on our door in 2 days, and that's got me feeling a bit squirmy.
If the #trade volume doesn't bulk up soon, we might just take a little dive.
But hey, let's keep our fingers crossed and hope that trade volume swoops in like a superhero to save the day!
Stay tuned for the rollercoaster ride ahead. #technicalanalyst
#BullorBear ?
Well, the #bitcoinhalving is knocking on our door in 2 days, and that's got me feeling a bit squirmy.
If the #trade volume doesn't bulk up soon, we might just take a little dive.
But hey, let's keep our fingers crossed and hope that trade volume swoops in like a superhero to save the day!
Stay tuned for the rollercoaster ride ahead. #technicalanalyst
#BullorBear ?
How to Use the Accumulation/Distribution Indicator 📊
The Accumulation Distribution Line is a volume indicator that measures the cumulative flow of money into and out of a traded asset. This indicator provides insight into the strength of a trend.
📈 If the price is rising but the indicator is falling, it indicates that the accumulation volume may not be enough to support the price increase and a price decline is likely.
📉 The same applies to downtrends; if a market is falling, but the indicator shows that the distribution is changing to accumulation, then this divergence is a signal of a likely upcoming bullish change of trend.
📌 Save for later
#trading_tips #TrendingTopic #TechnicalIndicator #technicalanalyst
The Accumulation Distribution Line is a volume indicator that measures the cumulative flow of money into and out of a traded asset. This indicator provides insight into the strength of a trend.
📈 If the price is rising but the indicator is falling, it indicates that the accumulation volume may not be enough to support the price increase and a price decline is likely.
📉 The same applies to downtrends; if a market is falling, but the indicator shows that the distribution is changing to accumulation, then this divergence is a signal of a likely upcoming bullish change of trend.
📌 Save for later
#trading_tips #TrendingTopic #TechnicalIndicator #technicalanalyst
How to use the Ease of Movement indicator 📊
The Ease of Movement (EOM) indicator is valuable for traders seeking insights into price movements based on volume trends. EOM focuses on the "ease" with which an asset's price shifts between different levels.
👉 EOM shines in volatile markets where trends are elusive, providing clarity amidst uncertainty. It thrives on longer time frames, such as daily charts.
How to identify the direction and strength of a trend using the EOM:
🐮 When the indicator line is positive, it typically suggests that prices are moving in an upward direction. The higher the line, the lower the resistance, which indicates a strong trend.
🐻 When the indicator is negative, it may indicate a downtrend. The lower its value, the stronger the downward movement is. When the indicator line is suddenly plunging this could be considered a signal of a potential trend reversal 📉📈
📌 Save for later
#trading_tips #TrendingTopic #technicalanalyst
The Ease of Movement (EOM) indicator is valuable for traders seeking insights into price movements based on volume trends. EOM focuses on the "ease" with which an asset's price shifts between different levels.
👉 EOM shines in volatile markets where trends are elusive, providing clarity amidst uncertainty. It thrives on longer time frames, such as daily charts.
How to identify the direction and strength of a trend using the EOM:
🐮 When the indicator line is positive, it typically suggests that prices are moving in an upward direction. The higher the line, the lower the resistance, which indicates a strong trend.
🐻 When the indicator is negative, it may indicate a downtrend. The lower its value, the stronger the downward movement is. When the indicator line is suddenly plunging this could be considered a signal of a potential trend reversal 📉📈
📌 Save for later
#trading_tips #TrendingTopic #technicalanalyst
Trader turned $600 into $400,000 and then lost it all 😱
This is the middle of a bull market, which means it will be useful to share such stories that will offset the myths that everyone can get rich trading crypto 🤷♀️
#TrendingTopic #technicalanalyst
This is the middle of a bull market, which means it will be useful to share such stories that will offset the myths that everyone can get rich trading crypto 🤷♀️
#TrendingTopic #technicalanalyst
Technical Analysis mistakes
🚀 **Mastering TA: Avoid These 7 Common Pitfalls!**TA can be a challenging journey, but triumphing over these common mistakes is your key to success in the trading world. 📉1️⃣ **Cutting Losses is a Must:**Remember Ed Seykota's mantra: Cut losses, cut losses, and cut losses! Protect your capital fiercely, setting stop-loss points for rational and disciplined trading. Start small, win big.2️⃣ **Patience Over Overtrading:**Jesse Livermore's wisdom echoes – "Money is made by sitting, not trading." Avoid the urge to be in constant action. Wait for the right signals, preserve your capital, and seize profitable opportunities when they arise.3️⃣ **Beware of Revenge Trading:**Emotions and trading don't mix well. Stay calm even in tough times. Avoid revenge trading after significant losses; take a break, reassess, and return with a clear mind for strategic decisions.4️⃣ **Flexibility is Key:**Legendary trader Paul Tudor Jones advises daily self-doubt. Be ready to change your mind based on market shifts. Embrace cognitive flexibility, understanding that one strategy doesn't fit all market conditions.5️⃣ **Extreme Conditions Matter:**TA may falter in extreme market conditions. Relying solely on tools like RSI during black swan events can lead to substantial losses. Consider broader factors and don't blindly act on technical indicators.6️⃣ **Probabilities, Not Certainties:**Acknowledge that TA deals with probabilities, not absolutes. Avoid oversizing and assuming your analysis guarantees market behavior. Trade with a keen awareness of the inherent uncertainties.7️⃣ **Forge Your Own Path:**While learning from others is vital, blindly following trades won't cut it. Develop your edge, align with your personality, and find a strategy that resonates with your trading style. Be a student of the market, not just a follower.🌐 **Conclusion:**Trading is a gradual process. Invest time in honing your skills, refining strategies, and understanding your unique approach. Success lies in mastering the art of TA, staying disciplined, and continually evolving. Start your journey to trading mastery today! 💡 #Write2Earn #TrendingTopic 📈🔥#technicalanalyst
💼 Curious about $EGO's next moves? 📈 With strategic expansions into Asia and fresh crypto horizons, the outlook is promising. Get involved in local scenes, compete in trading tournaments, and become part of the ambassador program resurgence. Watch for listings on major exchanges, the groundbreaking cross-chain liquidity pool on ETH, and the forthcoming launch of a satellite token, marking $EGO's journey to new frontiers! 🛰
#TrendingTopic #technicalanalyst
#TrendingTopic #technicalanalyst
Will Bitcoin Price Rise to $75,000?
Currently trading at $62802, the Bitcoin price teases a bullish breakout from the upper boundary of the pennant chart pattern. A successful breakout with a 4-hour candle closing will signal the continuation of the prevailing trend. If the pattern holds true, the Bitcoin price is likely to chase a potential target of $66655, followed by $75,000.
Technical Indicator
Bollinger Band: The squeezed range of the Bollinger Band indicator accentuates increased volatility in this asset.
Average Directional Index: The downsloping ADX slope at 49% reflects that Bitcoin buyers are restoring their strength amid current consolidation.
#BTC #BullRally #Write2Earn #BONK #technicalanalyst $BTC $FLOKI
Currently trading at $62802, the Bitcoin price teases a bullish breakout from the upper boundary of the pennant chart pattern. A successful breakout with a 4-hour candle closing will signal the continuation of the prevailing trend. If the pattern holds true, the Bitcoin price is likely to chase a potential target of $66655, followed by $75,000.
Technical Indicator
Bollinger Band: The squeezed range of the Bollinger Band indicator accentuates increased volatility in this asset.
Average Directional Index: The downsloping ADX slope at 49% reflects that Bitcoin buyers are restoring their strength amid current consolidation.
#BTC #BullRally #Write2Earn #BONK #technicalanalyst $BTC $FLOKI
$WAVES
#waves/usdt Update:
The current trading price for WAVES is approximately $3.35. WAVES appears to be following an ascending triangle pattern on the 4-hour time frame. Potential scenarios include a bullish momentum if the price breaks out of the triangle, or a bearish momentum if it breaks down. Stay updated with us for more insights. ✔️
#HotTrends #technicalanalyst
#waves/usdt Update:
The current trading price for WAVES is approximately $3.35. WAVES appears to be following an ascending triangle pattern on the 4-hour time frame. Potential scenarios include a bullish momentum if the price breaks out of the triangle, or a bearish momentum if it breaks down. Stay updated with us for more insights. ✔️
#HotTrends #technicalanalyst
FREE $UMA ANALYSIS
Short-term (15 minutes - 4 hours)
- RSI (14) is overbought (above 70)
- CCI (14) is overbought (above 100)
- Williams %R (14) is overbought (above -20)
- Doji candles indicate potential trend reversal or consolidation
- Pivot points show price is above resistance levels
Medium-term (Daily - Weekly)
- Bullish price crossover with adaptive moving average 50
- RSI (14) is overbought (above 70)
- CCI (14) is overbought (above 100)
- Williams %R (14) is overbought (above -20)
- MACD crossover up its moving average
- New HIGH record (1 month)
Long-term (Monthly)
- UMA is in a strong uptrend, with higher highs and higher lows
- RSI (14) is bullish (above 50)
- CCI (14) is bullish (above 0)
- Williams %R (14) is bullish (above -50)
- MACD is bullish, with a crossover up its moving average
Overall, the technical analysis suggests a strong bullish trend for UMA crypto, with multiple buy signals and indicators suggesting a continued price increase. However, the overbought RSI and CCI indicators suggest a potential price correction or consolidation in the short term.
Please keep in mind that technical analysis is not a guarantee of future price movements and should be used in conjunction with other forms of analysis and risk management strategies. For analysis explanation and breakdown, please refer to my next post.
$BTC #altcoins #technicalanalyst
Short-term (15 minutes - 4 hours)
- RSI (14) is overbought (above 70)
- CCI (14) is overbought (above 100)
- Williams %R (14) is overbought (above -20)
- Doji candles indicate potential trend reversal or consolidation
- Pivot points show price is above resistance levels
Medium-term (Daily - Weekly)
- Bullish price crossover with adaptive moving average 50
- RSI (14) is overbought (above 70)
- CCI (14) is overbought (above 100)
- Williams %R (14) is overbought (above -20)
- MACD crossover up its moving average
- New HIGH record (1 month)
Long-term (Monthly)
- UMA is in a strong uptrend, with higher highs and higher lows
- RSI (14) is bullish (above 50)
- CCI (14) is bullish (above 0)
- Williams %R (14) is bullish (above -50)
- MACD is bullish, with a crossover up its moving average
Overall, the technical analysis suggests a strong bullish trend for UMA crypto, with multiple buy signals and indicators suggesting a continued price increase. However, the overbought RSI and CCI indicators suggest a potential price correction or consolidation in the short term.
Please keep in mind that technical analysis is not a guarantee of future price movements and should be used in conjunction with other forms of analysis and risk management strategies. For analysis explanation and breakdown, please refer to my next post.
$BTC #altcoins #technicalanalyst
#TrendingTopic #SHIB #technicalanalyst
The Shiba Inu price exhibited a clear technical bullish setup. Last December, the price of SHIB surged past a two-year ascending triangle pattern and underwent a successful retest until early February. This development laid the groundwork for the substantial price surge, in conjunction with the previously mentioned factors.
SHIB’s breakthrough past the 20-, 50-, and 100-week Exponential Moving Averages (EMAs) affirmed its strong bullish trend. After surpassing the August 2022 peak of $0.00001791, SHIB’s upward momentum became unstoppable.
The Shiba Inu price exhibited a clear technical bullish setup. Last December, the price of SHIB surged past a two-year ascending triangle pattern and underwent a successful retest until early February. This development laid the groundwork for the substantial price surge, in conjunction with the previously mentioned factors.
SHIB’s breakthrough past the 20-, 50-, and 100-week Exponential Moving Averages (EMAs) affirmed its strong bullish trend. After surpassing the August 2022 peak of $0.00001791, SHIB’s upward momentum became unstoppable.
Important $BTC Update!
It's pretty late where I am right now, and the market is going crazy. What is happening? Any big news hit the market?
BTC actually managed to touch 65K today. This is the first time since the beginning of the month this has happened. And guess what? BTC got rejected from the same resistance that it has been fighting for the last 15 days. rejected yet again. I've been continuously saying this is the biggest huddle BTC is fighting against for the past couple of weeks.
In this massive hit, alts dumped almost 10-15%. This is going to sting a lot. Let's just have keep our minds calm, and wait.
#BTC #technicalanalyst
It's pretty late where I am right now, and the market is going crazy. What is happening? Any big news hit the market?
BTC actually managed to touch 65K today. This is the first time since the beginning of the month this has happened. And guess what? BTC got rejected from the same resistance that it has been fighting for the last 15 days. rejected yet again. I've been continuously saying this is the biggest huddle BTC is fighting against for the past couple of weeks.
In this massive hit, alts dumped almost 10-15%. This is going to sting a lot. Let's just have keep our minds calm, and wait.
#BTC #technicalanalyst
#TrendingTopic #technicalanalyst #BTC
#Write2Earn
$BTC
Technical analysis has been a part of organized markets since their inception in the form of exchanges. However, it wasn't until the late 1970s or early 1980s that the trading community recognized technical analysis as a valuable tool for making profits. The technical analyst understood something that took the mainstream market community generations to grasp.
Each day, week, or month, a finite number of traders participate in the markets. Many of these traders engage in repetitive actions in their pursuit of financial gain. In other words, individuals develop behavioral patterns, and when a group of individuals consistently interact with each other, collective behavior patterns emerge. These patterns can be observed, measured, and they exhibit statistical reliability. Technical analysis is a methodology that organizes this collective behavior into recognizable patterns, which can provide insights into the likelihood of certain events occurring. Essentially, technical analysis allows one to gain insight into the market's mindset and anticipate future developments based on past patterns.
As a method for predicting future price movements, technical analysis has proven to be significantly more effective than a purely fundamental approach. It keeps traders focused on the current market conditions and how they relate to historical data, rather than solely relying on logical and reasonable expectations determined by mathematical models. On the other hand, fundamental analysis often creates a "reality gap" between what should be happening and what actually is happening. This gap makes it challenging to make anything other than long-term predictions, which may be correct but difficult to exploit.
In contrast, technical analysis not only bridges this reality gap but also provides traders with a multitude of opportunities to capitalize on.
#Write2Earn
$BTC
Technical analysis has been a part of organized markets since their inception in the form of exchanges. However, it wasn't until the late 1970s or early 1980s that the trading community recognized technical analysis as a valuable tool for making profits. The technical analyst understood something that took the mainstream market community generations to grasp.
Each day, week, or month, a finite number of traders participate in the markets. Many of these traders engage in repetitive actions in their pursuit of financial gain. In other words, individuals develop behavioral patterns, and when a group of individuals consistently interact with each other, collective behavior patterns emerge. These patterns can be observed, measured, and they exhibit statistical reliability. Technical analysis is a methodology that organizes this collective behavior into recognizable patterns, which can provide insights into the likelihood of certain events occurring. Essentially, technical analysis allows one to gain insight into the market's mindset and anticipate future developments based on past patterns.
As a method for predicting future price movements, technical analysis has proven to be significantly more effective than a purely fundamental approach. It keeps traders focused on the current market conditions and how they relate to historical data, rather than solely relying on logical and reasonable expectations determined by mathematical models. On the other hand, fundamental analysis often creates a "reality gap" between what should be happening and what actually is happening. This gap makes it challenging to make anything other than long-term predictions, which may be correct but difficult to exploit.
In contrast, technical analysis not only bridges this reality gap but also provides traders with a multitude of opportunities to capitalize on.
$BTC $ENA Important $BTC Update!
It's pretty late where I am right now, and the market is going crazy. What is happening? Any big news hit the market?
BTC actually managed to touch 65K today. This is the first time since the beginning of the month this has happened. And guess what? BTC got rejected from the same resistance that it has been fighting for the last 15 days. rejected yet again. I've been continuously saying this is the biggest huddle BTC is fighting against for the past couple of weeks.
In this massive hit, alts dumped almost 10-15%. This is going to sting a lot. Let's just have keep our minds calm, and wait.
#BTC #technicalanalyst
It's pretty late where I am right now, and the market is going crazy. What is happening? Any big news hit the market?
BTC actually managed to touch 65K today. This is the first time since the beginning of the month this has happened. And guess what? BTC got rejected from the same resistance that it has been fighting for the last 15 days. rejected yet again. I've been continuously saying this is the biggest huddle BTC is fighting against for the past couple of weeks.
In this massive hit, alts dumped almost 10-15%. This is going to sting a lot. Let's just have keep our minds calm, and wait.
#BTC #technicalanalyst
Despite recognizing bearish trends signaled by technical analyses, He forecasts a price journey for Bitcoin where it could climb to $85,000, retract by 35% to $55,000, then vault up to $120,000 before settling around $85,000. This cycle would be characterized by shorter and less severe pullbacks compared to traditional market fluctuations.
$BTC $BCH
#HotTrends #BTC #trending #technicalanalyst
$BTC $BCH
#HotTrends #BTC #trending #technicalanalyst
Market Analysis 👀
June 27, 2024
➖➖➖➖➖
⚪️TECHNICAL (4H)
On the daily timeframe, the price action of $BTC is respecting its horizontal support level, marked between $61,228 to $59,742, after squeezing out the sell side liquidity level. 📉🛡️
This support level is crucial, and maintaining it could signal potential upward movement. 📈🔝
⚪️WRAP-UP (VIP)
Currently, on the H2 timeframe, the price action is showing the structure of a Bullish Double Bottom pattern. This suggests that the price of $BTC might drop to form the second bottom of the pattern. 📉🔄
$BTC DAILY RANGE:
📈Upper Limit: $64,035
📉Lower Limit: $59,783
(+-7.11% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲$59,783
🔴SHORT
💲$60,996
➖➖➖➖➖
Salman Khan Wazir®
#marketanalysis #BinanceTournament #technicalanalyst #salmankhanwazir @Salman Khan Wazir
June 27, 2024
➖➖➖➖➖
⚪️TECHNICAL (4H)
On the daily timeframe, the price action of $BTC is respecting its horizontal support level, marked between $61,228 to $59,742, after squeezing out the sell side liquidity level. 📉🛡️
This support level is crucial, and maintaining it could signal potential upward movement. 📈🔝
⚪️WRAP-UP (VIP)
Currently, on the H2 timeframe, the price action is showing the structure of a Bullish Double Bottom pattern. This suggests that the price of $BTC might drop to form the second bottom of the pattern. 📉🔄
$BTC DAILY RANGE:
📈Upper Limit: $64,035
📉Lower Limit: $59,783
(+-7.11% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲$59,783
🔴SHORT
💲$60,996
➖➖➖➖➖
Salman Khan Wazir®
#marketanalysis #BinanceTournament #technicalanalyst #salmankhanwazir @Salman Khan Wazir
Regulatory Developments on Cryptocurrencies and other Advancements.
Governments worldwide are grappling with how to regulate cryptocurrencies. While some countries embrace digital assets as legitimate financial instruments, others have imposed strict regulations or outright bans, leading to a fragmented regulatory landscape that impacts market participants.
Technological Advancements in the sphere of Crypto currencies:
Layer 2 solutions, designed to improve scalability and reduce transaction costs on blockchain networks, are gaining traction. Projects like Polygon (MATIC) and Optimism are addressing Ethereum's scalability issues, enhancing user experience and expanding use cases.
#technicalanalyst #TechnologicalAdvancements #TechnicalAnalysis_Tickeron #Userexperience #BinanceSquareFamily $SOL $USDC $ETH
Governments worldwide are grappling with how to regulate cryptocurrencies. While some countries embrace digital assets as legitimate financial instruments, others have imposed strict regulations or outright bans, leading to a fragmented regulatory landscape that impacts market participants.
Technological Advancements in the sphere of Crypto currencies:
Layer 2 solutions, designed to improve scalability and reduce transaction costs on blockchain networks, are gaining traction. Projects like Polygon (MATIC) and Optimism are addressing Ethereum's scalability issues, enhancing user experience and expanding use cases.
#technicalanalyst #TechnologicalAdvancements #TechnicalAnalysis_Tickeron #Userexperience #BinanceSquareFamily $SOL $USDC $ETH