Greetings fellow traders,
As time goes by, the markets evolve...
If your way of TA is strong, then the path will lead its way...
More visible, more probable:
' I’m trying to free your mind, Neo. But I can only show you the door. You’re the one that has to walk through it. '
~ Morpheus, The Matrix ~
With that having quoted, this is my way of keeping order in the chaos. I call it, "Pattern Formation Level( PFL )":
Alpha > Beta > Delta > Echo > Gamma > ( Secret???? )
Explanation PFL:
-------------------------------------
Current Delta patterns:
DT, has 1st confirmations on resistance and support levels.
Current Echo patterns:
DBW 2nd confirmations of support and resistance established.
ST in progress.
Current Gamma patterns:
RBW in progress
Today's Note:
Going to be a bit different today, would like to share some information I found useful over the years. My favorite past time while analyzing bitcoin markets. It's watching other traders on Youtube. Learned a lot from most of them and some are pretty resourceful and has even epic level TA/FA skills. Yeah, some have barely or unknown TA skills. Nevertheless, some compensate it by analyzing the markets with FA skills. Leave a like or a comment if you agree or if I am being too polite or harsh in your opinion or if you have other suggested crypto tuber I should watch. I'm quite curious what others think, thanks in advance.
Not in particular order since they are all great in their own way. With that being said, no one has a crystal ball. Even the greatest stumbles from time to time...
Anyhow, I do have my estimation of skill level in TA/FA and I have scored them based on the content they have shown so far:
The Moon, Carl.
TA level: Master
FA level: Expert
Specialty: Authentic Pattern Formations(my favorite style of TA), EMA's etc.
Recommended to watch: Absolutely, unfortunately I have not seen a lot of development in his TA skills.
Krown's Crypto Cave.
TA level: Grand Master
FA level: Master
Specialty: EMA & Oscilators
Recommended to watch: Yeah, but you already need some level of experience to be able to follow this briljant trader
Crypto Zombie, Kdub.
TA level: Master
FA level: Grand Master
Specialty: Entertaining and resourceful FA
Recommended to watch: Absolutely, from beginners to experienced traders.
Crypto Kirby, the Don.
TA level: Grand Master
FA level: Expert
Specialty: APF, RSI, Resistance & Support price action levels, Fibonacci tools and very funny.
Recommended to watch: Absolutely, from beginners to experienced traders.
Crypto Face.
TA Level: Grand Master
FA level: Expert
Specialty: Market Cipher, Authentic Pattern Formations and also awesome taste of background music.
Recommended to watch: Definitely, but unfortunately he doesn't upload videos consistently. Nevertheless this guy might be one of the most successful traders there is on youtube. You could see Market Cipher as reflection of the high level TA skills that he & his brother combined possesses.
Crypto Jebb.
TA Level: Grand Master
FA level: Unknown
Specialty: He's got a complete course, should say enough. APF, indicators and oscillators etc.
Recommend to watch: Yup, great guy. Specially if you are a rookie or orientating how to TA.
Crypto Tips.
TA level: Barely or Unknown
FA level: Master
Specialty: Pretty face and resourceful about block chain & cryptocurrency technologies and services.
Recommended to watch: Only for FA and when you're fed up watching dudes all the time.
Alessio Rastani.
TA level: Grand Master
FA level: Grand Master
Specialty: Moving averages and huge amount of experience in trading for a long long time.
Recommended: Absolutely
Jacob Canfield.
TA level: Grand Master
FA level: Unknown
Specialty: All-rounder
Recommended: Absolutely
MMCrypto.
TA level: Novice
FA level: Expert
Specialty: Unknown
Recommended to watch: If you're lacking hopium. But a really nice guy, he's got a funny accent.
Sunny Decree.....
TA level: Barely and I'm being polite.
FA level: .......Unknown, still being polite.
Specialty: Being bullish all the time. I mean, quote; "When you're not LONG, you're WRONG". Who says stuff like that... Apparently only sunny.
Recommend to watch: If your're lacking bullish hopium and if you want to see someone get rekt a lot of times. Which is often quite entertaining. I know I'm horrible but it is what it is. Somehow I only got this with Sunny. Usually I do not like seeing people getting rekt. Personally there is nothing wrong with Sunny, don't get me wrong. He's a likable guy to watch.
Crypto Savy.
TA level: Expert
FA level: Rookie
Specialty: APF and RSI
Recommended to watch: Yeah, very nice guy. Also fun to watch people developing their TA skills.
Jim of All Trades.
TA level: Expert
FA level: Unknown
Specialty: Eliot waves and APF.
Recommended to watch: Yeah, he's quite new and also in development of his own style of TA. However, quite informative when it comes to Eliot waves.
Optical Art.
TA level: Master
FA level: Novice
Specialty: Fibonacci circles, -channels etc.
Recommended to watch: Only if you already have at least expert TA skills. Otherwise looking at his charts might be a bit intimidating. Especially when you're a beginner trader and he's a little bit cocky sometimes. Can imagine some people might find this annoying.
Miss Crypto(NL)/Digital Economy(EN).
TA level: Master
FA level: Master
Specialty: Fundamentals.
Recommended to watch: Once again, when you're fed up watching men all the time. Aside from another pretty face, she's a quite resourceful female analyst. Also quite new on Youtube.
Crypto Crow.
TA level: Expert
FA level: Grand Master
Specialty: Kicking your ass, crypto bot trading platform and fundamentals.
Recommended to watch: Yeah....
DavinciJ15.
TA level: Grand Master
FA level: Grand Master
Specialty: All-rounder
Recommended to watch: Yes, he's an underdog and his TA is strong. But his content is a bit boring sometimes.
Current Targets:
Entry short position target: $7.4K - $7.5K region.
Tip's/FYI:
Epilogue:
Hopefully in time and it would be my honor, when other analyst implement my systems and techniques into their TA. Henceforth bringing their TA skills & abilities to the next level. After all, knowledge and experience are the most valuable things in life.
If you don't want to miss out on any of my daily technical analysis. Then click or tap on follow and don't forget to smash on that like button ^^, thanks in advance. In case you're wondering which indicator I'm using. She's called EMI , short for 'Epic Market Indicator' and she's a collection of diverse indicators. How to use, is in the description. You can use them like any other indicators. Search for 'epic market indicator' then add. I have recently published the latest versions. EMI 1 v3.0 & EMI 2 v2.0. Like any other instrument, practice makes perfect. If you have any input for EMI or questions about my way of TA(*Asian sound-effects*). Please leave a comment or DM me and I'll try to respond a.s.a.p. Be careful and good luck fellow traders, may the trend gods be with you!
As time goes by, the markets evolve...
If your way of TA is strong, then the path will lead its way...
More visible, more probable:
- Dashed lines; Possible forming patterns
- Solid lines; Confirmed patterns / Support or Resistance
- Dotted lines; Possible price-action trajectories / wave trend
- Lighten colors = Support | Darken colors = Resistance
' I’m trying to free your mind, Neo. But I can only show you the door. You’re the one that has to walk through it. '
~ Morpheus, The Matrix ~
With that having quoted, this is my way of keeping order in the chaos. I call it, "Pattern Formation Level( PFL )":
Alpha > Beta > Delta > Echo > Gamma > ( Secret???? )
Explanation PFL:
- Alpha; ST / Bullish Pennant pattern formation, a.k.a. "The End Game", a.k.a. "The Big Long". (Daily and higher time-frames)
- Beta; Most recent relevant and biggest forming pattern within The Alpha forming pattern. FW / DC. (4-24 hour time-frames)
- Delta; Most recent relevant forming patterns within The Beta pattern. (4-8 hour time-frames)
- Echo; Most recent relevant forming patterns within The Delta pattern. (1-4 hour time-frames)
- Gamma; You get the picture... (10-60 min. time-frames)
- Secret Level; Do not thread these treacherous waters. At least for master level TA skills or higher. (10 min. and lower time-frames)
- Eventually the PFL's are all connected. Gamma patterns combines into Echo pattern and Echo patterns combines into Delta patterns etc. Until the Alpha patterns has been formed. I'm not calling it just the Alpha for dominance in size. For as this pattern, is, the Alpha and Omega. Which will end current market cycles and start anew. From time to time, I might thread the secret level when I'm feeling gutsy.
- Additional advantage of the PFL system is, when you have to determine whether a certain pattern will have its usual breakout direction.
- By inserting pattern formations in the PFL as parameter. This makes it easier keeping track of which pattern formations are relevant to the current TA and entry or exit strategies.
It might be hard to learn, but it is certainly easy to master.
As a programmer and I like playing chess and as result to my TA. I like to look ahead as far as possible. This is only doable if you have reasonable reliable trends to follow. In time, as I gain experience in the markets. My TA skills evolves and in parallel my systems and indicators.
-------------------------------------
Current Delta patterns:
DT, has 1st confirmations on resistance and support levels.
Current Echo patterns:
DBW 2nd confirmations of support and resistance established.
ST in progress.
Current Gamma patterns:
RBW in progress
Today's Note:
Going to be a bit different today, would like to share some information I found useful over the years. My favorite past time while analyzing bitcoin markets. It's watching other traders on Youtube. Learned a lot from most of them and some are pretty resourceful and has even epic level TA/FA skills. Yeah, some have barely or unknown TA skills. Nevertheless, some compensate it by analyzing the markets with FA skills. Leave a like or a comment if you agree or if I am being too polite or harsh in your opinion or if you have other suggested crypto tuber I should watch. I'm quite curious what others think, thanks in advance.
Not in particular order since they are all great in their own way. With that being said, no one has a crystal ball. Even the greatest stumbles from time to time...
Anyhow, I do have my estimation of skill level in TA/FA and I have scored them based on the content they have shown so far:
The Moon, Carl.
TA level: Master
FA level: Expert
Specialty: Authentic Pattern Formations(my favorite style of TA), EMA's etc.
Recommended to watch: Absolutely, unfortunately I have not seen a lot of development in his TA skills.
Krown's Crypto Cave.
TA level: Grand Master
FA level: Master
Specialty: EMA & Oscilators
Recommended to watch: Yeah, but you already need some level of experience to be able to follow this briljant trader
Crypto Zombie, Kdub.
TA level: Master
FA level: Grand Master
Specialty: Entertaining and resourceful FA
Recommended to watch: Absolutely, from beginners to experienced traders.
Crypto Kirby, the Don.
TA level: Grand Master
FA level: Expert
Specialty: APF, RSI, Resistance & Support price action levels, Fibonacci tools and very funny.
Recommended to watch: Absolutely, from beginners to experienced traders.
Crypto Face.
TA Level: Grand Master
FA level: Expert
Specialty: Market Cipher, Authentic Pattern Formations and also awesome taste of background music.
Recommended to watch: Definitely, but unfortunately he doesn't upload videos consistently. Nevertheless this guy might be one of the most successful traders there is on youtube. You could see Market Cipher as reflection of the high level TA skills that he & his brother combined possesses.
Crypto Jebb.
TA Level: Grand Master
FA level: Unknown
Specialty: He's got a complete course, should say enough. APF, indicators and oscillators etc.
Recommend to watch: Yup, great guy. Specially if you are a rookie or orientating how to TA.
Crypto Tips.
TA level: Barely or Unknown
FA level: Master
Specialty: Pretty face and resourceful about block chain & cryptocurrency technologies and services.
Recommended to watch: Only for FA and when you're fed up watching dudes all the time.
Alessio Rastani.
TA level: Grand Master
FA level: Grand Master
Specialty: Moving averages and huge amount of experience in trading for a long long time.
Recommended: Absolutely
Jacob Canfield.
TA level: Grand Master
FA level: Unknown
Specialty: All-rounder
Recommended: Absolutely
MMCrypto.
TA level: Novice
FA level: Expert
Specialty: Unknown
Recommended to watch: If you're lacking hopium. But a really nice guy, he's got a funny accent.
Sunny Decree.....
TA level: Barely and I'm being polite.
FA level: .......Unknown, still being polite.
Specialty: Being bullish all the time. I mean, quote; "When you're not LONG, you're WRONG". Who says stuff like that... Apparently only sunny.
Recommend to watch: If your're lacking bullish hopium and if you want to see someone get rekt a lot of times. Which is often quite entertaining. I know I'm horrible but it is what it is. Somehow I only got this with Sunny. Usually I do not like seeing people getting rekt. Personally there is nothing wrong with Sunny, don't get me wrong. He's a likable guy to watch.
Crypto Savy.
TA level: Expert
FA level: Rookie
Specialty: APF and RSI
Recommended to watch: Yeah, very nice guy. Also fun to watch people developing their TA skills.
Jim of All Trades.
TA level: Expert
FA level: Unknown
Specialty: Eliot waves and APF.
Recommended to watch: Yeah, he's quite new and also in development of his own style of TA. However, quite informative when it comes to Eliot waves.
Optical Art.
TA level: Master
FA level: Novice
Specialty: Fibonacci circles, -channels etc.
Recommended to watch: Only if you already have at least expert TA skills. Otherwise looking at his charts might be a bit intimidating. Especially when you're a beginner trader and he's a little bit cocky sometimes. Can imagine some people might find this annoying.
Miss Crypto(NL)/Digital Economy(EN).
TA level: Master
FA level: Master
Specialty: Fundamentals.
Recommended to watch: Once again, when you're fed up watching men all the time. Aside from another pretty face, she's a quite resourceful female analyst. Also quite new on Youtube.
Crypto Crow.
TA level: Expert
FA level: Grand Master
Specialty: Kicking your ass, crypto bot trading platform and fundamentals.
Recommended to watch: Yeah....
DavinciJ15.
TA level: Grand Master
FA level: Grand Master
Specialty: All-rounder
Recommended to watch: Yes, he's an underdog and his TA is strong. But his content is a bit boring sometimes.
Current Targets:
Entry short position target: $7.4K - $7.5K region.
Tip's/FYI:
- People = Psychology > Patterns > Indicators > Fundamentals. Nonetheless, all is crucial.
- Watch & learn from other experienced traders, discover your style of TA and develop this. Imitating will only get you as far.
- The most accurate trend indicator when using logarithmic, are the; Relative-, Exponential-, Weighted-, Simple- and regular Moving Averages. At least use Heikin Ashi candles if you don't like MA's and vice versa or using both might be even better. The algorithms of these indicators adepts to logarithmic variables visually. Linear tools and pattern formations obviously do not for that matter. Since it doesn't concern logarithmic variables.
Epilogue:
Hopefully in time and it would be my honor, when other analyst implement my systems and techniques into their TA. Henceforth bringing their TA skills & abilities to the next level. After all, knowledge and experience are the most valuable things in life.
If you don't want to miss out on any of my daily technical analysis. Then click or tap on follow and don't forget to smash on that like button ^^, thanks in advance. In case you're wondering which indicator I'm using. She's called EMI , short for 'Epic Market Indicator' and she's a collection of diverse indicators. How to use, is in the description. You can use them like any other indicators. Search for 'epic market indicator' then add. I have recently published the latest versions. EMI 1 v3.0 & EMI 2 v2.0. Like any other instrument, practice makes perfect. If you have any input for EMI or questions about my way of TA(*Asian sound-effects*). Please leave a comment or DM me and I'll try to respond a.s.a.p. Be careful and good luck fellow traders, may the trend gods be with you!
Yorum:
Crypto Daily
TA Level: Expert
FA Level: Grand Master
Specialty: Fundamentals, entertaining and very funny
Recommended to watch: Definitely.
Update: Those who in my opinion I've scored too low.
The Moon, Carl.
TA Level: Grand Master
FA Level: Master
Specialty: All-rounder
Recommended to watch: Absolutely, from beginners to experienced traders. But I would like to see more development with his TA skills instead his FA. Because his TA is dang strong. Love seeing younger people honing their skills.
Crypto Face.
TA level: Grand Master, Virtuoso
FA level: Grand Master
Specialty: Market Cipher, Authentic Pattern Formations and also awesome taste of background music.
Recommended to watch: Definitely, but unfortunately he doesn't upload videos consistently. Nevertheless this guy might be one of the most successful traders there is on youtube. You could see Market Cipher as reflection of the high level TA skills that he & his brother combined possesses. I.e. He got the Bakkt dump right on the money, weeks/months before it happend. Showing how to correctly combine TA & FA skills. Technicals > Fundamentals. To accomplish something like market cipher, a huge amount of research and back-testing and/or time is required. I know he walked the long mile, same as I did. With that being said, learning his style comes with a price and a learning curve or extreme thorough research.
Jacob Canfield.
TA level: Grand Master
FA level: Expert
Specialty: All-rounder
Recommended: Absolutely, from beginners to experienced traders. You will learn a lot from this guy, from A to Z.
Alessio Rastani.
TA level: Grand Master
FA level: Master
Specialty: Moving averages and huge amount of experience in trading for a long long time.
Recommended: Absolutely, TA only. This guy is like a dinosaur in trading. Also need a little bit of experience to follow this briljant trader. Scored him high FA level due to his long experience in different markets.
TA Level: Expert
FA Level: Grand Master
Specialty: Fundamentals, entertaining and very funny
Recommended to watch: Definitely.
Update: Those who in my opinion I've scored too low.
The Moon, Carl.
TA Level: Grand Master
FA Level: Master
Specialty: All-rounder
Recommended to watch: Absolutely, from beginners to experienced traders. But I would like to see more development with his TA skills instead his FA. Because his TA is dang strong. Love seeing younger people honing their skills.
Crypto Face.
TA level: Grand Master, Virtuoso
FA level: Grand Master
Specialty: Market Cipher, Authentic Pattern Formations and also awesome taste of background music.
Recommended to watch: Definitely, but unfortunately he doesn't upload videos consistently. Nevertheless this guy might be one of the most successful traders there is on youtube. You could see Market Cipher as reflection of the high level TA skills that he & his brother combined possesses. I.e. He got the Bakkt dump right on the money, weeks/months before it happend. Showing how to correctly combine TA & FA skills. Technicals > Fundamentals. To accomplish something like market cipher, a huge amount of research and back-testing and/or time is required. I know he walked the long mile, same as I did. With that being said, learning his style comes with a price and a learning curve or extreme thorough research.
Jacob Canfield.
TA level: Grand Master
FA level: Expert
Specialty: All-rounder
Recommended: Absolutely, from beginners to experienced traders. You will learn a lot from this guy, from A to Z.
Alessio Rastani.
TA level: Grand Master
FA level: Master
Specialty: Moving averages and huge amount of experience in trading for a long long time.
Recommended: Absolutely, TA only. This guy is like a dinosaur in trading. Also need a little bit of experience to follow this briljant trader. Scored him high FA level due to his long experience in different markets.
Yorum:
Mitch Ray.
TA level: Grand Master
FA level: Expert
Specialty: Channels, Harmonics
Recommended to watch: This guy got cool old school TA techniques. If you're lucky you might catch him use this from time to time.
TA level: Grand Master
FA level: Expert
Specialty: Channels, Harmonics
Recommended to watch: This guy got cool old school TA techniques. If you're lucky you might catch him use this from time to time.
Ivan on Tech:
TA level: Novice
FA level: Grand Master
Specialty: Fundamentals and crypto technologies
Recommended to watch: Yeah, often disagree with this guy. But I must respect him for his consistency on his daily content.
Tone Vays.
TA level: Grand Master
FA level: Master
Specialty: Unknown
Recommended to watch: At least expert level TA skills, if you want to able to follow this guy.
Kevin Svenson
TA level: Expert
FA level: Unknown
Specialty: Macros trend analysis, moving averages, Fibonacci retrace./ext.
Recommended to watch: Also in development of his style of TA, but needs to learn and show other techniques or take his current ones to the next level.