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Is Etherium leaving the nest?Currently and since a few days, Etherium (even the classic one) is up, while Bitcoin and co are unprecedentedly down. The gap between the two movements is the widest in favor of the former since long time, and is definitely the most telling given the recent moves. Technical indicators are even showing that BTC could find support as low as 45K. Of course, this is bad news for an industry largely hanging on the reputation of the father of crypto, and one which was a few days ago celebrating the IPO of Coinbase. Amid this downward storm, ETH was breaking the highest mark in, what it looks like, a breakaway from the tradition following its parent. The maturity of ETH as an independent entity was long in the making, in reality rather than on the charts. Etherium is the basis of the infrastructure of most other coins, the home of many decentralized blockchain apps, and the underlying technology fuelling the recent NFT bubble. It has the other benefit of not being in the attacking zone as BTC, being considered at times as the black horse, even if it is actually the second in the race from the beginning. This aura of being "alternative" rises from the extreme popularity of BTC, the latter of which is becoming extremely volatile due to its extreme success. Nothing keeps going up indefinitely as corrections will always happen. If the BTC graph was that of a srtock, we would consider it an extreme success, but since almost everyone has unrealistic expectations of it, a slight correction is considered a disaster. Keeping this in mind, I would be careful investing too much in BTC because it is overloaded, targeted, and, arguably unlike Etherium, unsupported by a utility ecosystem. My long term view is that as confidence in BTC starts to fade due to its volatility, Etherium would start to emerge more as an adult rather than an adolescent. That is until they meet somewhere in the middle. In short, I expect the gap between BTC and ETH to diminish on the long term.
KRAKEN:ETHUSDLong
by MontyMacht
2
Electric vehicle (EV) stocks cool - will Volkswagen rise?EV stocks compared to Volkswagen - Nio, Tesla, Li Auto, Workhorse Group, Kandi Technologies, Arcimoto, BYD Volkswagen recently drew attention with its plans to compete in the EV market, and investors bought into the news. Look at a 2021 daily chart, and it is striking that seven popular EV stocks are all negative for the year. These stocks made sky-high gains in 2020, so this recent "cooling off" makes sense. Volkswagen is a newcomer in the EV market, yet it is an established global brand. Most people agree that EV companies have high growth potential, but investors should check prices before buying. This chart shows price performance over the past 12 months, and after this year's selling most EV stocks still have sky-high gains. Technically, looking at individual stocks, some are at support and others have room to drop. The next earnings reports will provide a reality check, and here are some questions to consider: Did these companies make significant progress, revenue increase, or earnings growth, to warrant such dramatic stock price increases? Did investor sentiment and global stimulus money lead to "follow the crowd" buying? Will EV stocks head lower in 2021 if interest rates rise? How do the P/E ratios and EV/EBITDA ratios compare? Will sentiment lead Volkswagen to outperform other EV stocks this year? Will Volkswagen be a top EV stock over the next five years? Notes: * All companies directly produce EV's * Warren Buffet has a stake in BYD * Scale is based on U.S. Dollar price change
OTC:VWAGY
by OptionsRising
WHY PIPS DON`T MATTER#ExplanationHey tradomaniacs, ever since I`m in this business I see posts about "Profit in pips" and how important allegedly pips are. I can tell you... this is non-sense unless you trade the same PAIR with exact the SAME Risk-Reward over and over again! In this post, I want to clarify and show you that it is absolutley senseless to count the profit in pips as it says nothing about your actual profit! NOTICE: THERE IS A BUG IN THIS POST SO OPEN THE SNAPSHOTS AND CLICK ON IT AGAIN! So let`s have a look at the first chart and see what we got here... In this scenario you see two trades with exact the same risk-reward-ratio of 5:25. This means you risk 1$ for 5,25$ or can win 5, 25x more than you can lose. We assume here that we risk 1% per trade. Scenario 1️⃣: 👉You win EUR/USD and lose USD/JPY EUR/USD: Risk: 1% Profit in pips: 68 pips Profit in %: 5,25 USD/JPY: Risk: 1% Loss in pips: -5 pips Loss in %: -1% Result in pips: 68 pips - 5 pips = 63 pips profit Result in %: 5,25% - 1% = 4,25% Scenario 2️⃣: 👉You lose EUR/USD and win USD/JPY Risk: 1% Loss in pips: 13 pips Loss in %: -1% USD/JPY: Risk: 1% Win in pips: +25 pips Profit in %: +5,25% Result in pips: 25 pips - 13 pips = 12 pips profit Result in %: 5,25% - 1% = 4,25% The real profit on your account is 4,25%, no matter which trade you`ve won and how many pips you`ve made! The pip-difference is 51 pips, but you still have these 4,25%, no matter which trade you win! Why is that? Now look at USD and at JPY-Pairs. A pip in USD, or MAJOR-PAIRS is always the fourth figure behind the komma. 👉 1,248(0)0 A pip in JPY, or JPY-PAIRS is always the second figure behind the komma. 👉 107,6(8)5 Let`s calculate the pip-difference from Entry to target for both pairs: 1️⃣ EUR/USD: Take-Profit - Entry 1,2547 - 1,2479 = 0,0068 = 68 pips 2️⃣USD/JPY: Take-Profit - Entry 107,935 -107,685 = 0,25 = 25 pips Also notice that if you lose both trades that a -5 PIP loss and a -13 PIP loss are both the same LOSS of 1 % if you stick to a consistent risk! IT DOESN`T MATTER! Okay, let`s say you trade the same pair with the fourth figure behind the comma as a pip, but you trade with different risk-rewards but a huge move you catch! In this case you trade with a different risk-reward as you need a wider stop-loss due to volatility and you want to advoid to get stopped out! You use the same strategy to follow the trend, but now we had news that pumped EUR/USD like hell! Scenario 1️⃣: 👉You lose the first EUR/USD trade and win the second EUR/USD trade EUR/USD #1: Risk: 1% Loss in pips: -13 pips Loss in %: -1% EUR/USD #2: Risk: 1% Win in pips: +140 pips Win in %: 4% Result in pips: 140 pips -13 pips = 127 pips profit Result in %: 4% - 1% = 3% profit on your account Scenario 2️⃣: 👉You win the first EUR/USD trade and lose the second EUR/USD trade EUR/USD #1: Risk: 1% Win in pips: +68 pips Win in %: 5,25 EUR/USD #2: Risk: 1% Loss in pips: -37 pips Loss in %: -1% Result in pips: 68 pips - 37 pips = 31 pips profit Result in %: 5,25% - 1% = 4,25% profit on your account Even though you`d make 127 pips in scenario 1, the real profit would be 1,25% less on your account! ERGO: More pips = Less profit So let`s head into a very extreme example of HOW pips don`t tell you a s**t about your profits! ;-D In this example we compare a GOLD-TRADE with our recent EUR/USD-TRADE. I don`t want to spamm this post with too many calculations so I try to keep it simple here. Important to notice is that the PIPS for GOLD are represented by the second figure behind the comma. In this scenario we buy Gold at 1.800$, or 1800,0(0) <- Cents A dollar change in Gold , for example 1800 to 1801, is called a POINT. A dollar change in Gold would be 100 Cents, or 100 pips! So let`s say you buy gold with a risk-reward of 2:1, means you risk 1$ for 2$ or can win 2x more than you can lose. In this case you would make 20 POINTS as the price moves from 1.800$ to 1.820$. In pips you would make 2.000 friggin pips but only 2% profit compared to your 68 pips in EURO /USD with 5,25% profit. One last example: In this scenario you win the EUR/USD trade and LOSE the GOLD-TRADE: EUR/USD #1: Risk: 1% Win in pips: +68 pips Win in %: 5,25 XAU /USD: Risk: 1% Loss in pips: -700 pips Loss in %: -1% Result in pips: +68 pips - 700 pips = -632 pips profit Result in %: 5,25% - 1% = 4,25% profit on your account You would lose -632 pips but make a real profit of 4,25% on your account! So when do PIPS really matter? If you would trade the same PAIR with the same RISK-REWARD over and over again as you would always win and lose the same amount in %. If you`d trade the same EUR/USD trade, PIPS would actually make sense to be counted. But who trades that way? Almost noone! What does that mean for your positionsize in LOT? They always VARY! Use a position-size-calculator to get your right position-size. But thats a topic for another post... :-) IF YOU WANT TO SEE MORE EDUCATIONAL CONTENT PLEASE LEAVE A LIKE AND A COMMENT.. especially when this helps you! :-) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Education
by Trading2ez
19
Comparison - 1st Year of HBAR / BTC vs. 1st Year of LINK / BTCShowing similarities between the two assets in their first full year of price development - HBAR / BTC vs LINK / BTC. The two charts can be lined up to look more similar, this comparison is one to one on timing of price over the first full year: - LINK / BTC launched September 19th, 2017, and from there showing price development over its first full year 2018-2019 - HBAR / BTC launched September 16th, 2019, and from there showing price development over its first full year 2020-Present Day Additional comparisons of LINK and HBAR and LTC and HBAR - USD pairs: 2019-2020 LINK / USD - 2nd year bull run vs. HBAR / USD 2020-Present 2016-2017 LTC / USD Bull Run vs. HBAR /USD 2020-Present (older chart comparison linked below under related ideas)
HLong
by dudebruhwhoa
INJECTIVE: INJBTC headed for correction soonThis is my personal opinion about Injective protocol in the short/mid-term. Injective has a great and active community and a great concept being built, but there are too few tokens released for this price-action to last. There are better, similar projects that has far better potential for growth at these prices. Although I believe INJ will definitely 5x from here compared to dollar over the long run, I believe SWTH, a direct competitor also backed by heavy venture-capital ( Three Arrows, the biggest investor in Grayscale, the biggest crypto-fund in the world), has a far better risk/return than INJ right now. I also believe it to be a superior project, having released mainnet, derivatives almost done. Anyway I'm invested in both, and of the two SWTH is my main bag for holding long term. I think it's wise to secure profits on INJ now, and look too other projects for a while at least. I believe we will see INJ retrace and have good buy-opportunities in the green rectangle. But likely the major resistance in the thick yellow-line will fight back, and possibly only wicks will touch the green rectangle. We may see it touch fib 1.618, or even two or three before this happens, and if so the correction will be even harder. Stay safe, an happy trading!
by VargVemund
2
3 Volumes > 1 Up :: Volume Series Vol.2I am always excited about what the users here conjure up with Pine. I don't know if it's because of Pine’s new features, but little by little TV just keeps getting better and better. What caught my attention is the Raindrop from Makit0. You can find the indicator, or let's better call it this charting instrument, when you search for "Raindrop" in the Indi menu. I think it's really nice that the code is accessible free of charge and gives others the opportunity to improve and refine the code. Everything is not yet fully developed but the foundation stone has been laid. I'm not quite sure about the settings either, but for now I'm very happy with them. Most likely use "simple" candles. Candles "earlier" were high-end in contrast to the "previously" known charting instruments. Point & Figure, Line-Chart and Bar-Charts are the veterans. Meanwhile the financial market is more complex and today's trader has to process a lot of information that cannot be reconciled with a candle, for example. Therefore, I am always looking for "things" that provide me with certain information quickly and efficiently and ideally combine different things so that a "step" or one or even better several things are omitted on the chart. The raindrop as a charting instrument is still quite new. If you google you will find the origin 2018. There you will also find what you are looking for when it comes to the function or the construction behind it. It is basically nothing more than a tuned candle with a vertical volume profile and a session splitter. It also looks pretty chic and doesn't clutter the chart. This is an interesting thing, especially in the daily timeframe , because with the daily you get a built-in, easy way to separate the ETH / Electronic Trading Hours / Overnight / Asia and Europe from the RTH / Real Trading Hours / Pit Session / US session. Unfortunately, I still lack the setting for the indicator itself that you can further specify the time of the split. The Raindrop simply divides 24h in half ... So you get a rough breakdown instead of an exact one. However, the current option is better than nothing and thus replaces the rough session indicator and the volume profile . The less stuff there is on the chart, the more overview you have and the clearer the focus. For example, if you have not paid attention to different sessions and volumes beforehand, you have an easy way of quickly taking this into account with one tool at a glance. It only takes a few seconds can provide a good source of objective data. What you can do here primarily is to quickly and easily see at which price levels the most volume has arisen and how the focus (here on the example of the DailyTF) of the overnight and the US session is. You can easily see where there was very little volume and which zones are highly frequented and thus interesting for later price movements. The raindrop is a mixture of traditional chart display, volume and equivolume. I have added a chart below in the comments in which you can see the only available equivolume tools from TV compared to Raindrop. The definition of equivolume from the WWW: "In the Equivolume Chart, the price is shown in the form of rectangular boxes. The height of the boxes represents the range between the highest and lowest prices. The width of the boxes shows the trading volume . The wider the box, the greater the trading volume in the period under consideration. " It's kind of like a volume weighted candle. The raindrop is a good tool to objectively display volume and sentiment. As with everything, there are certain "patterns" in the form of different raindrop types that I don't want to list here. The left and right "mean" / "value area" / "price level with the most volume" of the raindrop is calculated using 2 anchored VWAPs. In order to show the connection to the VWAP (2nd chart) and the volume profile with activated Developing Value Area (in the 3rd chart window) I have added the two lower windows. Each of the tools listed has a meaningful use, but you don't always need everything and if necessary you can combine all 3 representations on a chart ... The raindrop provides 4 parameters - high - Low and the mean of the 2 split periods We can see with all 3 charts that the information is the same and only the presentation varies. I have no idea whether it will be of any use to me in the future, but I will now observe it continuously and learn from it. Actually, I had no intention of creating a blog post, but if you ever make the effort to compare the Raindrop with the other tools, I can share it right away and save others the trouble. The information of the raindrop is clearly confirmed for me and now it is up to me or the user whether and how one can / want / want to use it for daily trading. I think I'll publish something about it here, but for now I'm done. Have fun with it!
CME_MINI:MESH2021
by HanDollarian
UBER vs LYFT: A technical comparison.Hello traders and investors! Let’s see what’s going on with UBER and LYFT today. Both stocks are doing some impressive movements, so it is a good time to study them. First, let’s start with UBER. The stock is doing a phenomenal movement today, but if we look at the charts, it just hit a resistance zone today, the black line at $ 41.86, and now it is doing what it seems to be a Spinning Top candlestick pattern . Either way, UBER must keep trading above the yellow line at $ 38.59, because if it loses it, a pullback to the 21 ema is expected . But despite the fact UBER is moving sideways since June, it seems the trend is slightly more bullish than bearish, and UBER is trying to defeat the resistance at the black line. I see the 21 ema as an important support, but the red line at $ 32.89 is another support zone. In the worst-case scenario, UBER would hit the blue line at $ 28.53, but it is way too soon to say this. Today’s gap could be a Breakaway Gap , and if that’s the case, it won’t be filled so soon. But if it is a Common Gap , then it’ll be filed in the next few days, and UBER will be back to the congestion. I would just keep an eye on the black and yellow lines for now. Now, let’s see LYFT. Lyft almost hit the previous resistance at the red line, and now it is dropping sharply. The good news is that it just hit a dual support zone , made by the yellow line (previous resistance) and the purple trendline. The idea of a Breakaway or Common Gap applies here as well , and if LYFT loses its two supports, we’ll see a sharper pullback ahead, and it’ll probably fill the gap. Honestly, it seems the bulls will have a hard time now to defeat the resistances on UBER and LYFT, and a pullback would be great for the stocks, and it could even bring some opportunities to buy. In the hourly chart, there’s a reaction starting on LYFT right now, so the support zone is working so far. UBER is still struggling a lot, but today’s low seems to be a Pivot Point , and if UBER loses it, it'll probably lose the yellow line with it, bringing the pullback we mentioned earlier. The volume increased a lot today, and both stocks are quite speculative, so let’s be cautious here. Either way, these are the most important points to keep in mind for both stocks, and if you like this analysis, please, support it! And follow me to keep in touch with my daily studies. Trade well.
NYSE:UBER
by Nathan_The_Finance_Hydra
1
Bulletproof Dollar Cost Averaging Investing Explained.Dollar cost averaging. You probably heard about this strategy, but what does it mean in practice? And which type of dollar cost averaging strategy is the best? In practice it means buying Bitcoin, stocks, commodity and so on every week or month at the monday, sunday, at the start of the month or at the end, not caring about the price. You can also choose one random day in a month , when you make your purchase, more about that maybe in another Idea. An example of dollar cost averaging can be found below backtests. In this test I've compared buying Bitcoin at - weekly opens (Monday open) eg. 06 Jan 2020 Average buy price in 2020 - $9,255 - weekly closes (Sunday Close) eg. 12 Jan 2020 Average buy price in 2020 - $9,361 So buying at the weekly close or at weekly open are both a good idea, but buying at open each week has a bigger return of investment than buying on close by 2%. - monthly opens (First day in the month) eg. 01 Jan 2020 Average buy price in 2020 - $9,245 - monthly closes (Last day in the month) eg. 31 Jan 2020 Average buy price in 2020 - $9,827 Here we can see a bigger difference , while buying Bitcoin at open would gave you average price per BTC of $9,245, Buying at close would make your average buy $600 more expensive, 8% smaller yield. To see if this trend also occurs in the last year, I've calculated also a year 2019 with monthly values. It turns out, buying on open is here cheaper again, while buying Open would give an average of $7,022. Buying at close would make average buy of $7,287, small difference but very noticeable in long term. Example I. I am starting to buy Bitcoin for 15% of my gross monthly income (let's say 500$ ) from first january at weekly open starting from 01 January until today . How much would I have today? Average buying price - $9,255 Current Bitcoin price - $13,180 Yield - 13180/9255 = 1,424 = 42,4% Deposits - 42 per $500 = $21,000 in past value Value = 21000 x 1,424= $29,904 in current value Buying this year at open would give a very slight 0,1% increase in yield, so both buying at weekly open or monthly open is a good idea, maybe another time I can cover some random days in a month! This strategy also works for stocks, commodities and etc. IF you like my explanation, let me know by hitting that agree button or support me by some nice comment! Cheers, Tibor.
BITSTAMP:BTCUSDEducation
by TiborVrbovsky
3
Bitcoin, Gold and S&P 500 Return of investment comparison.While it's true that Bitcoin is the most volatile and risky asset, the ROI of 65% is pretty adequate compared to Gold 25% and S&P 500"only" 6% return of investment. From this chart you can simply see that Bitcoin has the biggest spikes and is still the fastest growing and it's very important to have a proper strategy, when investing into Bitcoin. From the chart you can see, that Bitcoin can be seen as the hardest asset to trade due to these strong fluctuations. Keep in mind, that the ROI date is set to today, 20 October 2020. The ROI tells you one thing , if you invested on the January 1. a $1000, you would currently have: 1. $1,650 dollars if invested into Bitcoin 2. $1,250 dollars if invested into Gold 3. $1,067 dollars if invested into SPX500 Of course, when you are investing into Gold or SPX there is going to be some fee from the Broker when you are buying the asset or holding, while you can buy Bitcoin at many Exchanges for a free of charge (SEPA mostly) and you can even pay with it! All of these three options are still better than holding your money in your bank account with a 0,5% interest, which can't even pay for the inflation , which is around 2% per year. So even if Bitcoin is going to fall, let's say to $10,000 it would still outperform both Gold and SPX in term of ROI, which is the most important indicator at which Investors look at. I am going to be also releasing a study on what's the best simple way of Buying Bitcoin in long term and profiting from it, so stay tuned. If you liked this analysis, let me know by dropping that like button! If you have any questions, feel free to ask me here or via dm! Until next time! Cheers, Tibor
BITSTAMP:BTCUSD
by TiborVrbovsky
26