Short Expert
The profile @cryptocoinplace is also on main social networks. Greetings!
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You will not be left to your own luck if you learn to master the tools of Trading View available in the Binance app.
In yellow, the Fibonacci levels, where the price always stalls before rising or falling.
In blue, the trend lines that pass through the maximum and minimum points, forming an ascending channel for the price.
In the background, the Ichimoku cloud with its auxiliary lines, helping to confirm support and resistance zones for the price, in addition to allowing the identification of the current market state (bullish or bearish).
Greetings from Cryptocoin Place.
In yellow, the Fibonacci levels, where the price always stalls before rising or falling.
In blue, the trend lines that pass through the maximum and minimum points, forming an ascending channel for the price.
In the background, the Ichimoku cloud with its auxiliary lines, helping to confirm support and resistance zones for the price, in addition to allowing the identification of the current market state (bullish or bearish).
Greetings from Cryptocoin Place.
How to use Fibonacci retracements to enter a trade
1. A little bit of mathematics
One of the most famous numerical sequences in history is the Fibonacci sequence, which is given by:
1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, ... and so on.
Starting from the third number, the next number is the sum of the two preceding ones. For example, 2 = 1 + 1, 5 = 3 + 2, 89 = 55 + 34.
The most interesting thing is that the ratio between two consecutive numbers always approaches a fixed number: 21 ÷ 13 = 1.615, 89 ÷ 55 = 1.618. In other words, as the sequence progresses, the ratio between two numbers gets closer and closer to the number 1.618, known as the golden number. Thus, the growth of the sequence seems to follow a very well-defined pattern, defined by the golden ratio 1.618.
One of the most famous numerical sequences in history is the Fibonacci sequence, which is given by:
1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, ... and so on.
Starting from the third number, the next number is the sum of the two preceding ones. For example, 2 = 1 + 1, 5 = 3 + 2, 89 = 55 + 34.
The most interesting thing is that the ratio between two consecutive numbers always approaches a fixed number: 21 ÷ 13 = 1.615, 89 ÷ 55 = 1.618. In other words, as the sequence progresses, the ratio between two numbers gets closer and closer to the number 1.618, known as the golden number. Thus, the growth of the sequence seems to follow a very well-defined pattern, defined by the golden ratio 1.618.
$BTC I have read several news articles on specialized portals that Bitcoin will fall below $100k and then rise to more than $125k. What supports this sentiment is the large number of traders opening short orders in the short term. However, the technical analysis for Bitcoin reveals exactly the opposite: prices are above the fast averages (9, 30, 50) and these averages are also rising. Additionally, the Ichimoku cloud indicates a sideways market in the range of $108k to $113k. There is no strong indication that the price will fall below $108k. The same cannot be said for altcoins, for which there are clear signs of recession in the coming days.
So, in my opinion, Bitcoin will once again show its supremacy and continue to be the locomotive of the crypto market, leading us to considerable gains in the coming weeks. No declines, only increases.
The enormous institutional adoption of Bitcoin and the flight of capital towards this currency in times of instability leave no doubt that Bitcoin is already the digital gold.
Greetings from Cryptocoin Place.
So, in my opinion, Bitcoin will once again show its supremacy and continue to be the locomotive of the crypto market, leading us to considerable gains in the coming weeks. No declines, only increases.
The enormous institutional adoption of Bitcoin and the flight of capital towards this currency in times of instability leave no doubt that Bitcoin is already the digital gold.
Greetings from Cryptocoin Place.
The proof!
$BTC Another indicator of price reversal for Bitcoin in the next 8 hours is the fact that the price is well below the orange lines (conversion line or Tenkan-sen) and red line (baseline or Kijun-sen). In the Ichimoku system, every time the price moves too far away from these lines, it tends to return to meet them to seek balance. If they were also falling, it would be concerning. But they remain stable, so it is the price that goes to meet them).
In the previous post, I show how the Ichimoku cloud can predict the price of Bitcoin with good accuracy and I point out that the upward turn should occur in the next 8 hours, based on the greater width of the cloud.
Greetings from Cryptocoin Place
In the previous post, I show how the Ichimoku cloud can predict the price of Bitcoin with good accuracy and I point out that the upward turn should occur in the next 8 hours, based on the greater width of the cloud.
Greetings from Cryptocoin Place
The proof!
$BTC The price is tangential to the Ichimoku cloud on the 4h chart. The failed jump was due to the statements made by the Nobel Peace Prize winner yesterday, defending BTC as the currency of freedom. Today it tangentially touched the cloud again, now from the inside. This demonstrates the reliability of the Ichimoku method in predicting prices.
Tip: pay attention to the time highlighted on the chart (19:00 UTC or 16:00 Brazilian Time). Generally, when the price crosses the vertical line that comprises the largest width of the cloud, a trend reversal occurs. In other words, a price increase for Bitcoin is expected following this crossover.
Greetings from Cryptocoin Place.
Tip: pay attention to the time highlighted on the chart (19:00 UTC or 16:00 Brazilian Time). Generally, when the price crosses the vertical line that comprises the largest width of the cloud, a trend reversal occurs. In other words, a price increase for Bitcoin is expected following this crossover.
Greetings from Cryptocoin Place.
$BTC Another indicator of price reversal for Bitcoin in the next 8 hours is the fact that the price is well below the orange lines (conversion line or Tenkan-sen) and red line (baseline or Kijun-sen). In the Ichimoku system, every time the price moves too far away from these lines, it tends to return to meet them to seek balance. If they were also falling, it would be concerning. But they remain stable, so it is the price that goes to meet them).
In the previous post, I show how the Ichimoku cloud can predict the price of Bitcoin with good accuracy and I point out that the upward turn should occur in the next 8 hours, based on the greater width of the cloud.
Greetings from Cryptocoin Place
In the previous post, I show how the Ichimoku cloud can predict the price of Bitcoin with good accuracy and I point out that the upward turn should occur in the next 8 hours, based on the greater width of the cloud.
Greetings from Cryptocoin Place
$BTC The price is tangential to the Ichimoku cloud on the 4h chart. The failed jump was due to the statements made by the Nobel Peace Prize winner yesterday, defending BTC as the currency of freedom. Today it tangentially touched the cloud again, now from the inside. This demonstrates the reliability of the Ichimoku method in predicting prices.
Tip: pay attention to the time highlighted on the chart (19:00 UTC or 16:00 Brazilian Time). Generally, when the price crosses the vertical line that comprises the largest width of the cloud, a trend reversal occurs. In other words, a price increase for Bitcoin is expected following this crossover.
Greetings from Cryptocoin Place.
Tip: pay attention to the time highlighted on the chart (19:00 UTC or 16:00 Brazilian Time). Generally, when the price crosses the vertical line that comprises the largest width of the cloud, a trend reversal occurs. In other words, a price increase for Bitcoin is expected following this crossover.
Greetings from Cryptocoin Place.
$ONDO As with much of the altcoin market, ONDO is showing a classic double bottom pattern. The support at around $0.70 is historic and has been tested multiple times, making it unlikely that the price will continue to fall. The trend is for the price to reverse upwards, forming a W shape. The current price is very far from the Ichimoku cloud above, which reinforces the trend for the price to seek equilibrium near the cloud. If this happens, as the cloud is quite narrow, there is a possibility that the price will cross the cloud upwards, surpassing the $1.10 mark.
Heat map of withdrawal rates in cryptocurrencies from 20 exchanges, created by @criptocoinplace. Dark green indicates the best rates, while dark red indicates the worst. Binance is one of the best exchanges in this regard. Note: although KCEX has an ongoing promotion for free withdrawals, I included the normal withdrawal values.
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Binance Angels
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BullishDescribe your crypto journey in 3 emojis
mine: 😅📉🍕
mine: 😅📉🍕
Show your complete asset evolution. Mine is attached. It's not worth posting only the trades that went well.
Only a sardine indicator; it is good for NOTHING!
Activate Trading View mode on the price chart in the Binance APP and gain access to numerous indicators not available in the original mode. With so much useful information, it will be difficult for you to make mistakes in your trades. Greetings!
Starting today, the company began to make a profit! I started at the peak, went through several crashes, and here I am, strong and steady. Greetings
Which currency?
I have waited for this particular coin to give me a decent entry,yet price has refused to come to me.
It’s been 3days and I can not find an entry worthy of my usdt $$.
I will yet wait….
No matter what happens, never chase a trade.
It doesn’t end well .
It’s been 3days and I can not find an entry worthy of my usdt $$.
I will yet wait….
No matter what happens, never chase a trade.
It doesn’t end well .
CONVERT CIGARETTES TO BITCOIN - A pack of cigarettes a day can cost you about $8 per day, $2400 per year, and $24000 in 10 years. For each day without smoking, buy the saved amount in Bitcoin to enrich your finances and your health. Regards
$BTC to those who arrived at Binance driven by the recent rise of Bitcoin, don't be alarmed by sudden drops like today's. It's perfectly normal. Take advantage of the liquidation and place multiple buy orders at prices below the current price until it stops falling.
Greetings
Greetings
OPPORTUNITY: do you want to increase your holdings consistently? Some excellent altcoins have dropped up to 15% in the last few hours, while $BTC has remained around $103k. How about selling some of your Bitcoins, buying these altcoins, and waiting for the market to rise again? They will certainly recover during the upswing, as they are billion-dollar and popular coins. Some examples: ONDO, VET, AVAX, QNT, RENDER, IMX. Regards.
$BTC The weekly forecast for Bitcoin is positive. MACD indicating a reversal upwards and increasing accumulation indicator. Future Ichimoku cloud confirms the likely rise. News of greater institutional adoption keeps coming in. The slight drop this week means nothing in the overall context, except for the opportunity to buy.
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