#FireCharts, #tradingsignals, #Crypto market data & svcs
CoFounders @Mtrl_Scientist @teamblacknox
#BTC No Financial Advice. Join us https://t.co/jk8qyzpuQg
Feb 8, 2023 ā¢ 23 tweets ā¢ 15 min read
1/23 It's easy to find bullish and bearish elements in the charts to fit you bias, but being a maxi can be risky. Remember:
Markets ebb and flow
Data constantly changes
Your bias only needs to match the TF you are trading
A š§µ on the #data influencing the #BTC trend and PA. #NFA
2/23 Before we dive into the macro for #Bitcoin, let's look at what's happening this week. It's rare to have a Daily MA #GoldenCross and a Weekly MA #DeathCross happening on the same asset.
If you are questioning how or why anybody would even consider the possibility of a green Monthly close today for #Bitcoin, congrats on not being a blind sheep follower. You should question every trade setup before you push any buttons. Let's analyze š§µ...
Depending on what exchange you're on, #Bitcoin had a July low of ~$18,763 and closed ~$23,322. A rally to that level would require a 15% move from here. Is that a high probability outcome? Absolutely not. More on that in a bit...
Jul 31, 2022 ā¢ 12 tweets ā¢ 6 min read
1/11 We've been trading sideways most of the weekend, but today is a Daily, Weekly and Monthly candle close. Expecting some volatility.
This š§µ will analyze #Ethereum charts and Trend Precognition signals to see how things are developing as we near the close. #NFA
2/11 Yesterday I shared an #ETHUSDT chart showing a tentative short signal from the Trend Precognition A2+ algo. At last night's D close the signal printed and new short signals appeared on both the A2+ algo (arrows) and A1 algo (dots).
Jul 28, 2022 ā¢ 4 tweets ā¢ 3 min read
1/4 Trend Precognition made perfect calls at the start of a 10 Day, 725% rally on @Barn_Bridge coin #BOND and then signaled SHORT for a 53% dump.
Note: The strength of the signal has no relation to the size of the move, it only indicates the probability of an accurate call.... 2/4 Through the cycle, the MTF Mean Reversion indi gave a bunch of #TradingSignals. MTF has an impressive hit rate, but I don't want to create the illusion that these indicators nail it 100% of the time.
May 20, 2022 ā¢ 17 tweets ā¢ 10 min read
1/ Bear markets are notorious for brutal fakeouts, which is why it's critical to identify targets and invalidations.
Here are key levels to watch in both directions.šš
More from Material Indicators here... mi1.pw/mitwmay
2/In bear markets everyone is looking for a relief rally to exit or add short. Those are good strategies if you can tell the difference between a fakeout and a breakout. #FOMO + failure to identify invalidation levels are why so many people get rekt. #BullTrap#ShortSqueeze