Cred

@CryptoCred

Technical Analyst. Trader. Naked Charts/Price Action Techniques. Free TA Education. Tweets aren't financial advice.

Inverse of a Level
Дата регистрации: август 2017 г.

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  1. Закрепленный твит
    24 мая

    [Pinned] Directory of resources: Candlestick Charts Risk Management Order Flow Trendlines Horizontals Fibonacci Entries [NEW] RSI Ichimoku --- STUDY GUIDE --- Position Size & Leverage Trading System Trading Plan Stop Losses TradingView Setup 👇

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  2. 16 часов назад

    “I feel nauseous every morning. The rally has sliced through all resistance without blinking. No significant high time frame pullbacks and levels getting flipped like pancakes. Seems like a vertical FOMO run but good luck timing the top.” “Sir, are you eating in or taking away?”

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  3. 26 июн.
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  4. 26 июн.
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  5. 26 июн.

    Right at its final support. Next significant support is 20-30% lower. Let's see if shitcoin overlord CZ can launch it at least to FTA with some Binance Margin memes/incentives while price hangs around these lows. Conservative play: longs if FTA gets smashed. 👀

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  6. 26 июн.

    / Update Despite the USD pair breaking out, has struggled to keep up with . Still looks weak. Bear in mind this is a ratio. It doesn't mean Ethereum is bearish (just look at the ETH/USD chart), it just means Bitcoin has been the stronger performing asset.

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  7. 26 июн.

    Time to make a new macro video. When $6k broke down I was adamant that i) rebuying above $6k > trying to catch the bottom; ii) subsequent price action would be violent. The speed caught me off guard! Taking profits on spot here & waiting for HTF candle closes. 🍻

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  8. 23 июн.

    ALTCOIN/BTC pairs are to be traded when you believe they can outperform . Randomly FOMOing into altcoins just because you weren’t (leveraged) long Bitcoin isn’t a legitimate strategy. It’s thinly-veiled revenge trading. Choose entries & total exposure carefully.

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  9. 23 июн.

    “The trend is your friend” is a comforting but often meaningless platitude. It sounds nice, but it’s only useful if your system tells you: i) How to ascertain the trend ii) How the trend is reversed These trading catchphrases are for extrapolation, not mindless repetition.

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  10. 20 июн.
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  11. 20 июн.

    There’s too much nostalgia around . People seem to think that trading alts is worthwhile only if there’s a full-blown ‘altszn’ where you long everything for huge swings. Altcoins have been been behaving well technically & respecting clear HTF S/R. Take advantage.

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  12. 17 июн.

    / Lost the support it ranged at for ~3 weeks and making lower lows. Reclaiming the blue box would present a nice long setup but until that happens I don't see Ethereum outperforming Bitcoin on a medium-term basis.

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  13. 15 июн.
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  14. 14 июн.

    I livestreamed yesterday & went through my watchlist. It's not particularly YouTube-worthy (messy, laced with profanity, and so on) but this was a really good session with lots of teaching done between charts. Check it out 👇

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  15. 14 июн.

    Many have a similar structure. 1. Support floor broken 2. Bearish retest 3. Range formed below resistance Some pairs have clearly-defined ranges for level-to-level trading. My preference: wait for HTF support to be reclaimed for higher probability swing longs.

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  16. ретвитнул(а)
    13 июн.

    For all those who have requested access to EFL, it's been closed since last summer. However, I've just uploaded a catalogue of the best episodes over the 18 months I ran it. And yes, of course, I'm charging for it:

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  17. 13 июн.
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  18. 13 июн.

    The point I'm making is clear: preemptive pattern traders step in where R:R is superior, not where the pattern is confirmed. That would mean selling $8200s. Given that + S/R at the same level, a breakout would be strong evidence of continuation.

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  19. 13 июн.

    Me, an idiot: bad pattern traders can get trapped at this level High IQ comments: haha Cred you idiot that's not a Head and Shoulders! FUD!

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  20. 13 июн.

    Looks like a H&S top. Yes, it's not 'confirmed' until neckline breaks. Inexperienced traders still trade patterns too early. If neckline resistance breaks, a bunch of early shorts will be offside & I expect trend continuation. Personally not rebuying $7.6k if breakdown.

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  21. 12 июн.

    My Risk Management video was published one year ago. It remains one of the best starting resources on the topic. Watch it 👇

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