Cryptocurrency Trading Blog
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Daily Technical AnalysisXRP in a Crucial Phase, Will the Correction Lead to a Rally or Further Declines?
XRP recently made waves by hitting an impressive high of $2.91.But after this peak, the price has started to pull back.
11 Dec 20240 min read -
Crypto Trading StrategiesMaurice Kenny's Key Lessons | Important Lessons from Maurice Kenny
Two sides of the coin face each other when we discuss trading markets: inherent complexity versus seeking simplicity. It is more true about cryptocurrencies. For the second option, traders can find a guide in Maurice Kenny, who stands for simplicity as a key to successful intraday trading. By relying on supply and demand, he developed the "keep it super simple method," from which this article will reveal relevant lessons.
11 Dec 20240 min read -
Crypto Trading StrategiesTimothy Sykes' Key Lessons | Important Lessons from Timothy Sykes
Timothy Sykes stands out as a stock trader who proclaims himself a self-made millionaire and promotes a pathway through which he mastered the market. Initially, most of his strategies proposed considering fundamental elements when evaluating opportunities. However, today, novice traders can find valuable lessons in market patterns and technical analysis to exploit pump-and-drop movements.
11 Dec 20240 min read -
Crypto Trading StrategiesAdvanced Crypto Trading Techniques
Crypto futures trading is all about derivatives products. One attractive element of futures contracts is the leverage. This element enables traders to multiply their initial capital from x2 to x50 and even more. Leverage is crucial to determine the contracts' liquidation prices and to understand how the long and short sides cause the price movements.
11 Dec 20240 min read -
Crypto Trading StrategiesPaul Tudor Jones Strategies | Historical Performance of Paul Tudor Jones' Techniques
After reaping around 19% returns for almost 25 years, building a billionaire hedge fund, gaining 200% in a US market crash as well as shorting the Japanese market collapse in the late 1980s along with other financial exploits, what could be the historical performance of a macro manager like Paul Tudor Jones? This article exposes some data and reviews some historical scenarios where PTJ's techniques returned impressive gains.
11 Dec 20240 min read -
Crypto Trading StrategiesLarry Williams Strategies | Advanced Overview of Williams' Indicators And Their Role In Crypto Techniques
The wisdom of Larry William about financial markets has enabled him to develop an advanced conceptualization of the price movements of an asset, especially, from the standpoint of how the forces between buyers and sellers battle. For cryptocurrencies, his concepts still work as their fundamentals remain intact.
11 Dec 20240 min read -
Crypto Trading StrategiesPerformance Over Time of Richard Dennis Strategies | Historical Performance of Richard Dennis' Techniques
Richard Dennis is known as a legendary commodities trader who embarked on several outstanding trades and made astonishing profits throughout his career. He earned a wealth of $350 million and was one of the creators of the Turtle Trading Strategy, which 13 beginner traders used and made millions too. But what trades did he do and how well his performance was?
11 Dec 20240 min read -
Crypto Trading StrategiesSteve Cohen's Risk Management | Building a 60-40 Portfolio Based on Quant Trading: Best Practices in Steve Cohen's Strategies
Steve Cohen is a distinguished figure in the finance world, popular for his robust risk management and quantitative trading approach. Cryptocurrencies are assets that experience changes more often than not. A 60-40 portfolio is a trading method that aims to offset risks and balance returns ahead of macroeconomic changes and fundamental factors. How does all this relate to each other in modern times? And what is the role of Bitcoin in a 60-40 portfolio based on quant models? This article tries to answer these questions.
11 Dec 20240 min read -
Crypto Trading StrategiesAl Brooks' Key Lessons | Important Lessons from Al Brooks
Al Brooks has popularized himself as a price action trading promoter and a master of the bar charts. Beyond his chartist teachings, what else can traders learn? Throughout the following sections, this article discloses 7 key lessons that ground his methodology and comprehension of the market, as price action is nothing more than a human phenomenon.
11 Dec 20246 min read -
Crypto Trading StrategiesCombining ADX with Other Indicators | Using ADX with Complementary Trading Tool
The Average Directional Index (ADX) indicator is a simple tool to measure the strength of a trending market cycle. J. Walles Wilder, who created the ADX, also developed the RSI and the Average True Range, whose calculations correlate closely with the ADX. In this article, traders will understand such correlation and explore multiple combinations as the simplicity of ADX enables it to enhance its signals by effectively integrating it with other indicators like Bollinger Bands, MACD, and DMI.
11 Dec 20240 min read -
Crypto Trading StrategiesCombining Alligator with Other Strategies | Enhancing Alligator Indicator Strategies
Bill Williams developed a simple directional indicator as it is the Alligator. Often traders use it to detect trends and ranges. In the world of cryptocurrency, having the ability to combine multiple strategies represents a plus in the trading of every market participant. This article unveils how the Alligator can combine multiple methods to seize trend and range conditions.
11 Dec 20240 min read -
Daily Technical AnalysisEthereum Is at a Crossroads – Will It Be Able to Break 4K or Are We Close to a Reversal?
Ethereum's price is hovering in a critical zone near $3.7K, closing in on the key psychological barrier at $4K.
10 Dec 20242 min read