Let’s face it, all financial markets have been in turmoil over the past year. It hasn’t been just in the crypto industry, but the traditional stock market as well. Many say that 2023 is going to get even worse as…
For many traders, one of the more difficult things to do is to figure out how to make money in a downtrend. What you have to do is figure out how to profit while the price is going down. There…
Every trader has their own style of chart that they like to look at. Whether it is just a visual preference, or they think that one style is better than the other, it’s what helps give a trader his or…
Watching reversal candles are a great way to see if the market is getting ready to move in the opposite direction. As with any market indicator, nothing is one hundred percent, but long-wick candles are a pretty solid indicator that…
So you may be asking, what is the local golden pocket? When you use the Fibonacci retracement tool to find support and resistance levels for your next trade, you will find that the price likes to bounce off of certain…
We are back looking at the Bitcoin market and noticing that Bitcoin is hanging out on a ledge and we are waiting to see if it is going to fall off or keep building structure to continue a march upward….
When the CPI numbers came in this morning, all markets, including stocks in pre-market went absolutely crazy. Before that, Bitcoin was looking weak and was heading back in the southern direction as far as price is concerned until the report…
To have a successful business, you need to proper tools to do the job. Trading is no different than any other business in this aspect. Trading is a serious business, but many retail traders don’t look at it that way…
Every consistently successful trader I have encountered in my journey has some sort of trading edge. Everyone’s edge is different, kind of like a fingerprint. They may look the same, but everyone does something just a little different than the…
Bitcoin has been in an epic downtrend for some time now, but, at least on a technical level, that could change. Let’s take a peek at what the grandpapa crypto is doing so we can plan our trades for the…
