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10/06/21 10:53
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Posts
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By tradinglounge · Posted
Elliott Wave Analysis TradingLounge Daily Chart, 27 September 23, Bitcoin/U.S. dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Flat Position: Wave((C)) Direction Next higher Degrees: wave II of Motive Wave Cancel invalid level: 28167.47 Details: Wave ((C)) trend move to 138.2% of Wave ((A)) at 23214.83 Bitcoin/U.S. dollar(BTCUSD)Trading Strategy: Bitcoin overview is still in a downtrend, as the price is below MA200 and wave C is not complete The price has a trend move to 23214.83 which is a 138.2% level of wave A Bitcoin/U.S. dollar(BTCUSD)Technical Indicators: The price is abelow the MA200 indicating a downtrend, RSI is a Bearish momentum. TradingLounge Analyst: Kittiampon Somboonsod, CEWA Source : Tradinglounge.com get trial here! Elliott Wave Analysis TradingLounge 4H Chart, 27 September 23, Bitcoin/U.S. dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Triangle Position: Wave 4 Direction Next higher Degrees: wave ((C)) of Flat Wave Cancel invalid level: 28167.47 Details: we are still missing two moves for a triangle to be complete Bitcoin/U.S. dollar(BTCUSD) Trading Strategy: The retest is at MA200 and the price make is a higher low, indicate that the Buyer is weak, so we looking for turning down below 24612 Bitcoin/U.S. dollar(BTCUSD)Technical Indicators: The price is below the MA200 indicating a downtrend, RSI is a Bullish momentum. -
By tradinglounge · Posted
Commodities Market Trading Report - Technical Analysis is Elliott Wave and Trading Strategies Content: US Bond Yields, USD, DXY, US Gold XAU, GDX, Silver XAG, Gold Stocks, Iron Ore, Copper, Uranium, Crude Oil, Natural Gas. Commodities Market Summary: Bonds down, dollar up, yields up, Gold and Silver down with copper. Uranium long term upwards trend. Crude Oil Wave 4 and Natural Gas could be setting up for long trade, but unconfirmed Video Chapters 00:00 TLT Bonds. US Gov Bonds 10/5 Yr Yields 01:24 US Dollar Index, DXY 03:20 Precious Metals: Spot Gold / US Spot Silver / XGD 12:00 Base Metals: XME ETF, Iron Ore, Copper. Uranium URA. 21:03 Energy: XLE ETF / Crude Oil / Natural Gas 31:38 End Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge Access Trial -
Here are some general tips that may help you in your crypto trading endeavors: 1. Educate Yourself: Gain a solid understanding of how cryptocurrency markets work, including technical analysis, chart patterns, fundamental analysis, and market indicators. Continuously educate yourself about the latest trends and developments in the cryptocurrency space. 2. Develop a Trading Strategy: Define a clear trading strategy based on your goals, risk tolerance, and time commitment. This strategy should include entry and exit points, stop-loss orders, and profit targets. Stick to your strategy and avoid making impulsive decisions based on emotions. 3. Start with a Demo Account: Many exchanges, including Bitget, offer demo accounts or simulated trading environments. Use these features to practice your trading strategies without risking real money. It allows you to gain experience and assess the effectiveness of your approach. 4. Use Proper Risk Management: Set a risk management plan that includes determining the amount of capital you're willing to risk per trade. Avoid risking too much of your capital on a single trade. Consider using stop-loss orders to limit potential losses. 5. Technical Analysis: Learn how to analyze price charts and identify patterns and trends that can help you make informed trading decisions. Use technical indicators and tools to assist you in your analysis. 6. Stay Informed: Stay updated with news and events that can impact the cryptocurrency markets. Follow reliable sources, join cryptocurrency communities, and pay attention to announcements related to the cryptocurrencies you trade. 7. Start Small and Gradually Increase: It's generally advisable to start with a small amount of capital and gradually increase your position size as you gain experience and confidence in your trading abilities. 8. Control Emotions: Emotions can impact trading decisions. Avoid making impulsive trades based on fear or greed. Stick to your trading plan and remain disciplined. 9. Consider Diversification: Diversify your cryptocurrency portfolio to spread the risk. Investing in a variety of cryptocurrencies can help mitigate potential losses if one particular asset underperforms. 10. Continuous Learning and Adaptation: The cryptocurrency market is highly dynamic, so it's crucial to continuously learn and adapt your trading strategies. Stay open to new ideas and adjust your approach as per market conditions.
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Question
dplant
EDU has split 10 -1. When will be trading account be updated to reflect this?
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