Trading Education

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We Can Expect Price Action on Elrond!

14 Oct 2023 1 minute read 1 comment Aventurine $0.42

We can expect a price action on Elrond as the chart looks very promising! It has been downwards sloping for more than a year and has formed a falling wedge! This is beautifully formed pattern and it is a bullish one! The apex comes in December of th...

Bitcoin Going Sideways?

14 Oct 2023 1 minute read 0 comments Aventurine $0.20

There have been a few instances when bitcoin has been going sideways. 1. Before a massive dump e.g corona dump 2. And before a start of a massive Bull Run!  In both cases we see Bitcoin going sideways for quite some time there was even a time when th...

Bitcoin forming a Megaphone Pattern???

13 Oct 2023 1 minute read 0 comments Aventurine $0.30

Is Bitcoin forming A Famous Megaphone Pattern On 1h Chart? Megaphone pattern signifies increased in volatility and possible reversal in direction, It also means that traders can not agree on the price direction! It is difficult to predict the outco...

Bitcoin holds $26,500 Level!

13 Oct 2023 1 minute read 0 comments Aventurine $0.28

After 5% Multiday Decline Bitcoin Holds The Level! Bitcoin seem to hold $26,500 for third consecutive day and the Weekend is about to start. Can we expect a Sunday pump? It is difficult to say at this point as the hourly chart does not have a clear...

Solana Made Move Alongside Bitcoin!

12 Oct 2023 1 minute read 0 comments Aventurine $0.32

As Bitcoin moved to the downside so did Solana and other coins. Can Solana go back to $16 it had a pretty good uptrend for the past 2 months? If we zoom out on the daily chart we can see this massive ascending triangle that Solana is forming and rig...

BTC: ACTION Time!

11 Oct 2023 1 minute read 0 comments Aventurine $0.30

Bitcoin Is Moving Rapidly What is Causing The Price Movement??? This morning I wrote that Bitcoin has broken to the downside and it is in the middle of the move, I have also mentioned it might go to $26,500 which is happening now! At the time of writ...

Ascending Triangle Broke to the Downside!

11 Oct 2023 1 minute read 0 comments Aventurine $0.32

I have recently made a post about Ascending triangle, upcoming breakout. Now we can see it is confirmed Bitcoin broke to the downside! What can we expect from this move? The price target is the purple line that bitcoin almost touched within two days...

Today Is The Day For Bitcoin!

10 Oct 2023 1 minute read 0 comments Aventurine $0.27

I have measured the previous pattern cycle and it looks like after the 8 days Bitcoin has begun the next pattern cycle. It took exactly 8 days before the next growth cycle begun!   Of course there is no guarantee this will repeat, but very often the...

Bitcoin Rejected Again at $28,000

9 Oct 2023 1 minute read 0 comments Aventurine $0.36

Yesterday Bitcoin was rejected at $28k level and is currently sitting around $27,500. Is it a bad news for Bitcoin? On the chart Bitcoin is forming an Ascending triangle with equinox around 14-15 October The break out to the upside would mean the pr...

A Crypto Trader’s Comprehensive Guide to Risk Management

9 Oct 2023 1 minute read 1 comment KuCoin Blog $1.43

The crypto market is known for its extreme volatility, which offers opportunities for profit but also carries substantial risks. Risk management in cryptocurrency trading involves identifying, assessing, and controlling potential investment losses. ...