Cryptos
BTC#17: How Does Bybit Affect BTC? Traders Need to Know This!💎 💎 💎After a long time, BINANCE:BTCUSDT has not escaped the SW zone. So what is the market reflecting? Let's analyze the price reaction of BINANCE:BTCUSD in this area: 💎 💎 💎
1️⃣ **Notable news:**
📊 Coinbase co-founder: A settlement has been reached with the US SEC, the related lawsuit is expected to be officially approved and withdrawn next week. The dismissal of the lawsuit is said to bring many positive signals to the cryptocurrency market in general. 🚀 The security incident on Bybit caused a recent decline, recording the outflow of money from Bybit including hackers' money of 2,235 billion USD. However, liquidity during this time was still maintained stable.
📌 This incident shows the solidarity of the crypto industry community, not the fragmentation of previous attacks. It can be seen that the future potential of the industry will develop even better.
2️⃣ **Technical analysis:**
🔹 **Frame D**: The price structure is still bullish, but yesterday's closing candle completely destroyed BTC's previous attempt to increase in price. A bearish engulfing candle shows that it will take more time to accumulate to break out of this SW area or the price will have to find a better support zone to break out.
🔹 **Frame H4**: The price line is still in the SW area, however, the recent increase gives us a signal about the possibility of BTC increasing in price. Let's look at H1 to see this signal more clearly
🔹 **Frame H1**: The temporary price structure is an upward price structure. Although it cannot be immediately, this is an ideal area to wait for a position whether it is BUY or SELL
3️⃣ **Trading plan:*
⛔ The current price area tests the patience of traders. Trading in the SW price zone always erodes trading psychology due to greed and expectation. FOMO every time the price signals a break through the SW zone will erode the account and trading psychology. Wait for a clearer signal from the price reaction.
✅ As you can see the plan in the H1 frame. Waiting for a clearer price structure to establish a position is the top priority. We do not predict where the price will go but look at reality to decide what to wait for. "Trade what you see, not you think"
💪 **Wish you successful trading!**
What is adx use in technical analysis ?The ADX quantifies trend strength by measuring directional movement over a given time frame. It provides traders with specific numbers (from 0 to 100) that represent strong or weak price trends. Traders can simply refer to the numbers to quickly assess the strength of a trend.
Traders could utilise the ADX to help them determine entry or exit points for a trade. The ADX could be used to identify potential overbought or oversold levels in the market.
Key takeaways. Average directional index (ADX) is a short-term chart indicator. It can be used to help you evaluate the market or an investment's strength. ADX currently suggests the short-term momentum behind stocks may be strong, with a caveat.
AARON industries#AARON
Daily chart..
Resistance at 400
Support at 340
Keep on Radar.
Aaron Industries Limited (AIL) is an Indian company that manufactures elevators, elevator parts, and stainless steel products. They also provide electronic equipment for elevators.
What they do:
Elevator manufacturing
AIL designs and manufactures elevators, including cabins, doors, frames, headers, and traction machines.
Stainless steel polishing
AIL polishes stainless steel for mirrors, press plates, designer sheets, and more.
Electrical equipment
AIL provides electronic equipment for elevators, including distribution boxes, busbar chambers, cable trays, and loom switches.
What they produce:
Elevator cabins, including mild steel, stainless steel, and premium cabins
Auto doors, including ADS 2Pnl
Designer sheets, including full panel sheets and seamless designer sheets
Distribution boards and boxes
Busbars and mini busbar (MS) boxes.
Option and Database TradingOption chain analysis is the process of evaluating the information provided in the option chain to identify potential trading opportunities. Traders use option chain analysis to evaluate the market's expectations of an asset's future price movements and make informed decisions about their investments.
The Option Chain is a table that contains the most critical information needed to purchase and sell options. We have previously discussed calls and puts, underlying prices, strike prices, expiration, and moneyness. The option chain is where all of this comes together (just like that map of the metro network).
Macd divergenceThe indicator is calculated by subtracting a 26-period Exponential Moving Average from the 12-period moving average. There is also a histogram available on the indicator which can also be used as a divergence indicator. As a result, you will then see the MACD line, which shows as an indicator below the price chart.
For daily charts, many traders find the default MACD settings (12, 26, 9) to be very effective. This timeframe captures the broader market trends and helps filter out market noise. Combine MACD with other indicators like RSI or Bollinger Bands when analyzing a 1-day chart for a more comprehensive market view
Data TradingMarket data is a broad category of information about the financial markets, consisting of essential details like price, bid/ask quotes, trading volume, trading period (high, low, open, or closed), etc.
Options trading is a type of financial trading that allows investors to buy or sell the right to purchase or sell an underlying asset at a fixed price, at a future date. Options trading operates on the basis that the buyer has the option to exercise the contract but is not under any obligation to do so.
What People Think About Management In summary, trade risk refers to the potential for financial loss or negative consequences arising from fluctuations in the value of goods or services traded between different countries.
Basically money management in trading is a defensive strategy that is meant to preserve capital. It is a way to decide how many shares or lots to trade at any given time based on your available capital. Successful money management can save you from draining your account when you hit a bad streak of losing trades.
Top Trader SetupThe 3 5 7 rule is a risk management strategy in trading that emphasizes limiting risk on each individual trade to 3% of the trading capital, keeping overall exposure to 5% across all trades, and ensuring that winning trades yield at least 7% more profit than losing trades.
What is a good setup for day trading? A good day trading setup includes a powerful computer or laptop, high-resolution monitor or monitors, ergonomic desk and chair, reliable charting software, high-speed internet connection, and access to real-time news feeds and stock scanners.
BITCOIN: Bearish - Double TOP + Rising WedgeBITCOIN: Bearish – Double TOP + Rising Wedge
The market could go back down to around $58 000.
In addition, detection of a possible double top on Bitcoin which would bring the price down to around $48 000
Watch for the 50 and 200 exponential moving averages, as well as the Ichimoku levels, and RSI.
be careful
POPCAT Technical Analysis - Popcat or theme-based tokens can be the next euphoric crypto to lead the Crypto Bull Run rally from the meme category
- Popcat is currently trading at a cheap zone and can easily give 5-10x returns from here
- Memecoins print you money when you buy it cheap and hold it for a decent span, trading in meme coins isn't very profitable when compared to holding
- Popcat Accumulation Zone - 0-30-0.40$
Bitcoin Retracement Loading - Bitcoin is currently trading at 67,100$ not even 20% down from its All-Time High but Altcoins have already retraced more than 20-30%
- I have marked 2 Important Point of Interest and it may help you guys more from a reference perspective to exactly where how much more could Bitcoin fall
- 58,000-60,000 looks like a Magnet to me
- 52,000 looks like something that can make Bitcoin's next move the biggest impulsive move ever seen
- Do not invest Blindly if you don't understand the schematics and the risk involved in Crypto Currencies
Trade In Option By Big Bulls 👑🤑👑
👑Royal Trend👑
Topic Trade In Option By Big Bulls
You will have to typically apply for options trading and be approved. You will also need a margin account. When approved, you can enter orders to trade options much like you would for stocks but by using an option chain to identify which underlying, expiration date, and strike price, and whether it is a call or a put.
How market really work with number's
Difference between technical analysis and option trading
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
why we learn option chain?
Option chain is a chart that will give in-depth information related to all stock contracts available for Nifty stocks. The best thing about the option chain is that it provides valuable information about the current security value and how it will affect it in the long term.
What is the purpose of option chain?
It can be used in creating an option strategy at several strike prices. It can be used to analyse and draw noteworthy insights about the stock and its probable movements. It helps the traders in evaluating the liquidity and the depth of the option contract.
How important is option chain analysis?
The option chain analysis data provides a very comprehensive view for all the available options for any particular underlying asset. This helps in understanding and selecting the correct option for trading or investment purpose.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
Trading Topic Put or Call 👑💲👑👑Royal Trend👑
Topic Trading Things
In this video we try to understand the Actual Trading in Intraday and Long Term Treading
How market really work with number's
Difference between technical analysis and option trading
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
why we learn option chain?
Option chain is a chart that will give in-depth information related to all stock contracts available for Nifty stocks. The best thing about the option chain is that it provides valuable information about the current security value and how it will affect it in the long term.
What is the purpose of option chain?
It can be used in creating an option strategy at several strike prices. It can be used to analyse and draw noteworthy insights about the stock and its probable movements. It helps the traders in evaluating the liquidity and the depth of the option contract.
How important is option chain analysis?
The option chain analysis data provides a very comprehensive view for all the available options for any particular underlying asset. This helps in understanding and selecting the correct option for trading or investment purpose.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
SENSEX By Profssioanls👑Royal Trade👑
SENSEX IMPORTANT LEVEL
we buy Call and my Traget is 65,800 and 65,900
Dont buy anytrade without stop loss
This is only level we upload new idea in morning 9.30
Buy when Market Break
The support or Resistance
and wait for the closing and
set stop loss at the
last opening of the candle.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
BTC | 1H: Monday Plan:
For BINANCE:BTCUSDT , we are looking to go long today. We are done with the long squeeze and now the short squeeze is coming. However, the weekly candle close looks pretty ugly, so we may want to consider going short on upcoming days. LFG!
Previous day:
VAH: $26601
POC: $26573
VAL : $26433
Date: 25 Sep 2023
Trend is about to get strongerChart is self explanatory.
Ideal scenario will be a day or two consolidation at current levels which will make the momentum oscillator cool off to 78-82 range.
Post this consolidation, we may see the explosive move.
And everyone knows, an explosive move in this index means a lot for riskier asset classes.
Savndhan Rahein Surakshit Rahein
BTC | 1H: Monday Plan:Looking for Short on CRYPTOCAP:BTC with 0.5 Risk($100 Distance). It is important to be aware of the recent news about FTX assets Selling. This news may have triggered widespread fear and alarm among the crypto market, making it a great time to dump. Good luck Bears!
Previous day:
VAH: $25875
POC: $25846
VAL : $25737
Date: 11 Sep 2023