Tag: Crypto Trading
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Keeping Your Eye On The Prize
Distractions Ever since Bitcoin dropped below $30K, many have been calling for the bottom. It was $25K, then $22K. This was followed by the “it will never drop below $20K” narrative. Then we had the crowd at $17.5K, adamantly claiming that it was basically “impossible” for BTC to drop below this level. Well, we have…
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Crypto Markets – The Irony Of It All
Volatility & Leverage Within the world of traditional markets, there exists a stern warning to those looking to trade stocks and forex. Many countries actually limit the use of leverage, and some have gone as far as to actually ban certain trading activities. A number of years ago, Germany chose to ban short selling in…
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Leveraging Your Best Investment
Immersion Creates Awareness Anyone who chooses to dive into the Crypto space, will over time, become somewhat knowledgeable. Marry that with a keen understanding of technical analysis and emotional intelligence, and you have the makings of a trading machine. Before Crypto existed, it was often said that the stock market is the one place where…
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Understanding Leverage – There Is No Substitute For Hard Work
The Leverage Dynamic Aagh… leverage, the wonderful tool that works so well when you are in sync with the market, and so destructively, when you are not. This is the reality that will so often be disguised by greed and selfish ambition. Working with leverage needs to be done with extreme care and experience. It…
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Bitcoin – Relatively Speaking…
Health Check Every so often, it’s advisable to visit your GP for a checkup. This will often incorporate testing one’s blood pressure, sugar levels, and a number of other tests, depending on pre-existing conditions. A similar idea can be applied to financial markets. Gathering information and data from multiple sources, indicators, and charts helps to…
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Trading – Securing Consistent Profits
Unpredictably Consistent One thing you can always count on is for the market to continue offering trading opportunities. However, as mentioned before, how and when this takes place is outside of our control. This does pose somewhat of a problem if you are choosing to make trading your primary source of income. This dynamic can…
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Bitcoin – What’s Happening In The Charts?
Volatility Returns It’s been a bit quiet of late, in regard to Bitcoin and the Crypto market as a whole. However, we have experienced a modest pump during the course of the past 24 hours. Once again, the anticipation of a FED pivot is behind this move. It seems unlikely, but you never know. These…
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Bitcoin Technical Analysis – An Extensive Deep Dive, What’s Next?
A Word From Hindsight Now, before I get into the state of the current market, I want to revisit my bear market prediction from approximately five months ago. Bitcoin was trading above $30K, as seen in the chart below. Back then I mapped out a massive falling wedge with a bottom at approximately $18K, which…
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Bitcoin Needs To Step Into Its True Identity
Bitcoin Revisits Previous Lows Yesterday, we saw quite a significant dump for BTC as the CPI figure came out. Yet another disappointing outcome, as inflation stubbornly refuses to budge. As I have said, expect to see the $19K support being lost. It won’t be long before this enormous pocket of liquidity gets plundered by the…
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Bitcoin – Analysis & The State Of The Market
FED Pivot? The market appears to be getting bullish. However, this seems to be yet another “false” indication. I know that there is a lot of positivity due to a possible FED pivot, and the fact that the whales have once again begun accumulation. However, these are isolated scenarios, lacking confluence. Firstly, the FED doesn’t…
Sapphire Crypto 