How to Trade with Trend Lines: A full guide exemplified by the Good Crypto app

2021-7-14 15:00

A step by step guide on how to read a cryptocurrency chart, how to create a trend line, the importance of support and resistance lines - and an introduction to strategies for trend line traders.

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trend step line guide lines support importance

trend step → Результатов: 29


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Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply

A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s.

2019-3-23 01:23


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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation.

2019-3-16 01:56


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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant.

2019-2-23 02:23


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Stackr: The Dawn of a Digital Asset Savings Solution - [BTC Media Sponsor]

Financial savings have long been the foundation of wealth and asset building. However, we are now in a time when the growing obsolescence of financial institutions has forced certain technologies out of date, created high fees, revealed structural inefficiencies and, ultimately, meant that some standard investment solutions now fail to place consumer needs first.

2018-10-6 16:37


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Op-ed: Multi-Token Connectivity Is The Next Step for Global Blockchain Adoption

Thanks at least in part to Bitcoin’s incredibly bullish trend over the past 12+ months, cryptocurrencies are experiencing daily discussion within the public. With companies as large as Goldman Sachs and MasterCard opening blockchain divisions, it’s no secret that distributed ledger technology has massive application potential.

2018-8-21 14:36


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Genesis Mining Asks Unprofitable Miners to Upgrade Contract or Face Termination

The bearish trend that has been haunting crypto investors since the beginning of 2018 is now taking a visible toll on mining firms as well. Following the footsteps of rival Hashflare, the Iceland-based cloud crypto mining platform Genesis has announced a drastic step that yet again depicts the woes of a progressively distressed global mining […] Genesis Mining Asks Unprofitable Miners to Upgrade Contract or Face Termination was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-8-20 16:29