[2022-02-02 04:44:28] Polkadot (DOT) is a pretty typical example where it has been bubbling for a while under a 2 score and has now just broken above.
[2022-02-02 04:44:51] Also note how short-term general market sentiment for alts is not great right now, which may mean a good few have a little bit of a run!
[2022-02-03 17:47:33] We have created Predator Thermal Vision! It consolidates Predator across multiple timeframes for 50 of the top Cryptos, allowing you to compare assets at a glance.
It's a free upgrade for everyone on active Predator subscriptions and we have also rolled it out for everyone who has bought the one time payment Predator access, since 2021. Just log into the site and you'll find it under tools. We are looking into providing access further back, but are currently not able to provide access to anyone with lifetime access before 2021.
Until Monday, annual and one time payment Predator packages are 14.8% off, as Bitcoin has been discounted that much for the last month! Predator also includes the Decentrader Toolkit, including Terminator, V&TWAP, Liquidity and SFP as well as our Macro indicators
https://decentrader.com/indicator-page/
It's a free upgrade for everyone on active Predator subscriptions and we have also rolled it out for everyone who has bought the one time payment Predator access, since 2021. Just log into the site and you'll find it under tools. We are looking into providing access further back, but are currently not able to provide access to anyone with lifetime access before 2021.
Until Monday, annual and one time payment Predator packages are 14.8% off, as Bitcoin has been discounted that much for the last month! Predator also includes the Decentrader Toolkit, including Terminator, V&TWAP, Liquidity and SFP as well as our Macro indicators
https://decentrader.com/indicator-page/
[2022-02-06 19:04:14] We thought we would provide an example of using Predator Thermal Vision to highlight how one of the ways it can be used!
First, we filtered the 3D to show only Green (Bullish) coins.
This provided 4 options.
$ETC, $FTT, $NEO were the ones which were bullish on 12hr, 1D and 3D - suggesting higher time frames remain bullish.
$FTT and $NEO both show signs of short time frame trend reversal, printing Teal (moderately Bullish) on 30min, whilst the 1hr, 2hr and 4hr were Red (Bearish).
This suggests that in a general HFT uptrend, these two coins have cooled off, but could be ready to continue higher.
You can already see how quickly we have focused from 50 to 2 coins.
First, we filtered the 3D to show only Green (Bullish) coins.
This provided 4 options.
$ETC, $FTT, $NEO were the ones which were bullish on 12hr, 1D and 3D - suggesting higher time frames remain bullish.
$FTT and $NEO both show signs of short time frame trend reversal, printing Teal (moderately Bullish) on 30min, whilst the 1hr, 2hr and 4hr were Red (Bearish).
This suggests that in a general HFT uptrend, these two coins have cooled off, but could be ready to continue higher.
You can already see how quickly we have focused from 50 to 2 coins.
[2022-02-06 19:05:52] Quickly drawing some (messy, it's Sunday!) trend lines you can see that the price actions for $FTT confirms this.
[2022-02-06 19:10:57] Likewise, $NEO shows the same picture.
Within a couple of minutes we have narrowed down the trading opportunities we want to focus on and using some simple trend lines can form a rudimentary trade from trend support to trend resistance.
We would now include other technical indicators to confirm or correct our hypothesis.
The purpose is to greatly reduce the time spent looking at charts to highlight these opportunities. It took us a couple minutes to scan 50 coins across 7 time frames - something that would usually require looking at 350 charts!
Within a couple of minutes we have narrowed down the trading opportunities we want to focus on and using some simple trend lines can form a rudimentary trade from trend support to trend resistance.
We would now include other technical indicators to confirm or correct our hypothesis.
The purpose is to greatly reduce the time spent looking at charts to highlight these opportunities. It took us a couple minutes to scan 50 coins across 7 time frames - something that would usually require looking at 350 charts!
[2022-02-06 19:13:11] The 14.8% discount on Predator annual and lifetime subscriptions is still running for another 24 hours!
All new purchases have our Predator Indicator and Decentrader Toolkit included for TradingView and access to Predator Thermal Vision on our website.
Last chance for discounted access is available exclusively at: https://decentrader.com/indicator-page/
All new purchases have our Predator Indicator and Decentrader Toolkit included for TradingView and access to Predator Thermal Vision on our website.
Last chance for discounted access is available exclusively at: https://decentrader.com/indicator-page/
Bitcoin looking pretty good mid week.
HTFs have some key levels which are being challenged
https://www.tradingview.com/x/SPhEvBm5/
A close above the 40770 level on the 3 day would be a sign of strength going into the weekend.
Possible Bullish set up https://www.tradingview.com/x/SexOZEai/
Key weekly support level of 42971 on LTFs shows a break below and rejection of the Weekly level will likely result in an initial test of the 50 dma.
https://www.tradingview.com/x/UrBWEDiD/
Bit of a crazy environment, literally on the brink of anything being possible, given the conflict.
Will release a full market update shortly.
HTFs have some key levels which are being challenged
https://www.tradingview.com/x/SPhEvBm5/
A close above the 40770 level on the 3 day would be a sign of strength going into the weekend.
Possible Bullish set up https://www.tradingview.com/x/SexOZEai/
Key weekly support level of 42971 on LTFs shows a break below and rejection of the Weekly level will likely result in an initial test of the 50 dma.
https://www.tradingview.com/x/UrBWEDiD/
Bit of a crazy environment, literally on the brink of anything being possible, given the conflict.
Will release a full market update shortly.
TradingView
INDEX:BTCUSD Chart Image by filbfilb
Here is a market update I've just finished for decentrader, looking at the state of play from the high timeframes, to some scenarios as to what happens next on LTFs.
https://decentrader.com/market_updates/bitcoin-htf-analysis/
Enjoy!
https://decentrader.com/market_updates/bitcoin-htf-analysis/
Enjoy!
Decentrader
Bitcoin's Rising Tide - Market Update
Bitcoin remains trapped within the macro range it has now sat since January of 2022. After a swift move up on Monday morning, Bitcoin broke the 50 DMA