Afternoon all,
I wanted to take some time to cover some resources I use in my daily $BTC trading. This will be a longer thread, so bear with it you will hopefully find something that will help you also. I will try to keep it concise so if there are any questions please DM me.
I wanted to take some time to cover some resources I use in my daily $BTC trading. This will be a longer thread, so bear with it you will hopefully find something that will help you also. I will try to keep it concise so if there are any questions please DM me.
1. Funding Rates - bybt.com/FundingRate
Funding rates have proved to be extremely useful in understanding how over heated the leveraged market is at any one time. Funding rates (below 0.01% / green) are bullish. Funding rates (above 0.01%/ red) are bearish.
Funding rates have proved to be extremely useful in understanding how over heated the leveraged market is at any one time. Funding rates (below 0.01% / green) are bullish. Funding rates (above 0.01%/ red) are bearish.
2. Live large trade ticker - aggr.trade/#
When scalping I like to see the large orders and liquidations in realtime across multiple exchanges. I have Aggr.trade pined to the left of my screen and set it to notify me of orders over specified size.
When scalping I like to see the large orders and liquidations in realtime across multiple exchanges. I have Aggr.trade pined to the left of my screen and set it to notify me of orders over specified size.
3. Aggregated CDV / OI - coinalyze.net/bitcoin/usd/bi…
Coinalyze is a great free platform that offers a huge volume of features, but the key one I find extremely useful are the aggregated indicators for Open Interest and Cumulative Delta Volume.
Coinalyze is a great free platform that offers a huge volume of features, but the key one I find extremely useful are the aggregated indicators for Open Interest and Cumulative Delta Volume.
4. Exchange in & out flows - cryptoquant.com/overview/btc-e…
A money flow of BTC & altcoins transferred to and from exchange wallets to evaluate investors’ behavior. Higher outflow is bullish and higher inflow ‘can’ be bearish, can also be for alt purchase. Highly useful!
A money flow of BTC & altcoins transferred to and from exchange wallets to evaluate investors’ behavior. Higher outflow is bullish and higher inflow ‘can’ be bearish, can also be for alt purchase. Highly useful!
5. Orderbook heat maps - tradinglite.com/join?ref=mc-cr…
The ability to see where visible orders are placed across all the major spot and futures exchanges, helps to identify levels of support and resistance. You can also see spoofing in realtime.
The ability to see where visible orders are placed across all the major spot and futures exchanges, helps to identify levels of support and resistance. You can also see spoofing in realtime.
6. Volume / Order flow Analysis - exocharts.com
Free Order Flow and Footprint charts, that is only limited by time frame granularity. Lots of nice indicators to help you use volume as a key aspect of your trading execution. Helps identify who is in control, bulls/Bears
Free Order Flow and Footprint charts, that is only limited by time frame granularity. Lots of nice indicators to help you use volume as a key aspect of your trading execution. Helps identify who is in control, bulls/Bears
7. Crypto Screening and Alerts - chartalerts.io/signup?ref=4q1…
A must have tool to screen the best alts to trade in realtime based on a number of screening methods. Identify the trending coins and any which are approaching support or resistance. Must have.
A must have tool to screen the best alts to trade in realtime based on a number of screening methods. Identify the trending coins and any which are approaching support or resistance. Must have.
8. Price Action Charts and indicators - uk.tradingview.com/gopro/?share_y…
TV is leagues above all other charting platforms I have used, both in price and functionality. I love this software and a paid subscription is a must have if you trade using alerts and multi screens.
TV is leagues above all other charting platforms I have used, both in price and functionality. I love this software and a paid subscription is a must have if you trade using alerts and multi screens.
9. Trade execution - 3commas.io/?c=tc92118
I have funds on 10+ exchanges and with 3Commas I can execute a trade on any of them from the 1 trading terminal.
Swing & Scalp trading. Scalping is simple, enter, exit and reverse positions with the click of a button, super quick.
I have funds on 10+ exchanges and with 3Commas I can execute a trade on any of them from the 1 trading terminal.
Swing & Scalp trading. Scalping is simple, enter, exit and reverse positions with the click of a button, super quick.
10. Algo/Bot trading - 3commas.io/?c=tc92118
3Commas has multiple Bots, DCA, Grid and Options bots. I also use it to hook into custom alerts I have written in Trading view, and it will enter and exit trades for me based on my coded strategy. Simple to setup and invaluable.
3Commas has multiple Bots, DCA, Grid and Options bots. I also use it to hook into custom alerts I have written in Trading view, and it will enter and exit trades for me based on my coded strategy. Simple to setup and invaluable.
11. Portfolio Management & Trade Diary- 3commas.io/?c=tc92118
3Commas gives you the ability to see your full portfolio, mapping your balance and asset breakdown. You have access to all your trade history across all exchange in a single trade diary, saving time extracting taxes
3Commas gives you the ability to see your full portfolio, mapping your balance and asset breakdown. You have access to all your trade history across all exchange in a single trade diary, saving time extracting taxes
13. Trading groups
I personal am a member of a number of trading groups where we share trade ideas, educational content and generally feel part of a community of likeminded individuals. One which recently started and I would recommend to anyone is: twitter.com/TheCryptoHounds
I personal am a member of a number of trading groups where we share trade ideas, educational content and generally feel part of a community of likeminded individuals. One which recently started and I would recommend to anyone is: twitter.com/TheCryptoHounds
13. VPN – nordvpn.com
You need to remain safe I recommend using a VPN. You want to use a VPN to avoid trading restrictions. Nord is simple and there is a great deal on subscriptions. 3Commas can remove the need as you are using it as a proxy to exchange accounts.
You need to remain safe I recommend using a VPN. You want to use a VPN to avoid trading restrictions. Nord is simple and there is a great deal on subscriptions. 3Commas can remove the need as you are using it as a proxy to exchange accounts.
That's it, i hope that's helpful and you find the resources just as useful and feature rich as i do. Trade Safu!
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