Divergence is a powerful technical analysis concept that reveals when price action and momentum indicators (like RSI or MACD) disagree, often signaling upcoming price moves.
There are 3 types of divergence"
Regular Divergence (suggests trend reversal): Price makes higher highs/lower lows, but the indicator forms lower highs/higher lows.
It means momentum is weakening, hinting at a potential reversal.
Hidden Divergence (suggests trend continuation): Price shows higher lows/lower highs, while the indicator makes lower lows/higher highs. It means the trend remains strong despite pullbacks.
Extended Divergence (also points to continuation): A rarer variant where the pattern stretches further, often reinforcing ongoing momentum in the same direction.
Thank me later
What is happening in crypto?
Since October 10th, crypto markets are now down -50%, erasing $2.2 TRILLION worth of market cap.
Bitcoin has officially erased ALL of its post-election rally, now down -10% since Trump's election.
Why is it crashing? Let us explain.
(a thread)
This is absolutely insane:
On October 6th, crypto markets hit a record high market cap of $4.3 trillion.
Today, the crypto market is worth just $2.3 trillion, losing -$2 TRILLION worth of market cap in 4 months.
In other words, ~46% of crypto's entire value has been wiped out since October 6th.
Bear markets arrive when markets least expect it.
Realita crypto:
Ada token harganya $0.1
Kamu beli karena roadmapnya solid banget, timnya doxxed, whitepapernya komplit sampai 50 halaman dan teknologi dan use casenya jelas.
Lalu harganya turun ke $0.09
Kamu bilang "koreksi 10%, masih sehat"
Besoknya turun ke $0.08, kamu beralasan "ini untuk shake out weak hand! Aing mah diamond hand!"
Lama-lama saat harganya tinggal $0.005, kamu zoom out dan bilang: "Yang penting utilitas dan komunitasnya!"
Sementara itu si bro-mu beli coin gak jelas asal aja. Harganya naik dari $0.0001 ke $0.002 dalam waktu sebulan.
Yah, begitulah crypto. Mengajarkan kesabarran, manajemen porto dan resiko, dan kadang emang bikin ngumpat.
Catatan: Ini gak merujuk pada token/coin tertentu ya. Harganya asal nembak aja
People are debating between using different kinds of Moving Averages. But how different it is?
EXPONENTIAL VS SIMPLE Moving Averages
I will explain to you with a language that is easy to understand:
Simple Moving Average (SMA)
The calculation of the Moving Average is done by simply using standard arithmetic. Sum of price divided by number of price data points.
Exponential Moving Average (EMA)
Different methods of calculation, but basically emphasizing more on recent price swings
I personally prefer EMA, but both comes with pros and cons
I use EMA of 1 day timeframe to gauge the market bias
- If price below 21 EMA daily = bearish tendency
- If price above 21 EMA daily = bullish tendency
Also, for entering day trade:
Entry on breakout from 21 EMA on 15 mins or 1 hour EMA
What about you? Do you prefer EMA or SMA?
What strategy do you use?
Let's connect!
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Ada hal yg kadang kita sering lupa
Anggap gaji sebulan itu 5 jt
Kerja 26 hari
Brarti gaji sehari kerja adalah 192 rb
Dengan kurs 1 usd 16.300
Maka 1 hari kerja dapat = 12 usd
Dan sebulan dapat = 306 usd
Jadi kalau kalian sekali trading dapat lebih dari 12 usd sehari itu sudah sangat2 hebat
Karena dari rumah, pakai ac, gak perlu kemana2 sudah setara dengan kerja 8 jam sehari mesti panas keluar dan otw kantor
Jadi kita harus tau dulu kata “CUKUP”
Dan “BERSYUKUR”
jangan sampai karena ngeliat profitku sehari bs 500 usd atau liat profit teman2 disini juga bs lbh dari 100 usd sehari ngebuat kalian GREEDY dan merasa kalah saing
BUKAN BEGITU
Disini bukan ajang iri2 an atau jago2 an
Kalian harus tau bahwa dengan cukup dapat 12 usd sehari saja sudah sangat2 oke
Jangan selalu bandingin diri dengan orang lain, dengan begitu kalian akan merasa cukup
Kadang pemikiran ini gak dipikirin sama orang2
Pengennya cuan jutaan, puluhan juta, bahkan ratusan
Pengen cepat kaya, tanpa ngeliat ternyata bisa cepat miskin juga
Kalau kalian sedang loss banyak, porto kebakar, jangan malah top up terus, size dibesarin karena pengen balikin modal yg hilang, karena secara psikologis akan kena, cukup growth pelan2 saja, bangun confident ulang dengan cari uang kecil2 dulu dengan risk kecil
Semua ini reminder buat semuanya, supaya jadi bahan introspeksi diri
I used to gamble every trade… losing $1,000’s a month.
Then I locked in on 1 strategy → it gave me my first $10k month and a $100k year.
This week? +$22,000.
Take 2 mins to RT and Steal this strategy you can copy to grow a small account: 🧵 https://t.co/VGMSGcfwKS
MARKET SCREENER FOR TOOLS CRYPTO DAY TRADER
Below, I list few tools that can be used to look for potential assets to buy.
The tools are
- devisecrypto
- cryptobubbles
- your favorite exchanges
Finally, I also give you examples on how to trade with simple method and its risk management
Enjoy!
By the way, CEX that I use is Bitget.
You can support me by also trading there after registering using my reff link:
https://t.co/nwmYV3yfGr
SMART MONEY CONCEPT
Some concepts to learn
1. Order blocks
Basically an area where there are numerous orders (usually limit orders), can act as support or resistance
2. Fair Value Gaps
When price moves impulsively, we can predict that it may fill the "gap". This gap can be used for looking for entry position
3. Supply and Demand
I may be wrong, but it's support and resistance with more sophisticated term
4. Change of Character
When bullish become bearish, and vice versa
5. Break of Structure
- In bullish market: creating new high
- In bearish market: creating new low
6. Liquidity Pools
Cluster of stop losses or orders, that if broken, can probably cause the price to continue to move violently
7. Stop Loss Hunting
When price breaks liquidity pool but then moves back to the opposite direction.
In another word: your stop loss placement sucks
8. False Breakouts
When breakout failed. Price will most probably move to the opposite direction
9. Kill Zones
Time windows where so called smart money (algo, banks, institutions) hunt your stop loss - if you suck at trading and placing stop loss
Is there anything I got wrong?
If you like this, consider subscribe to my telegram channel
https://t.co/CKeGlwliZP
The million dollar question:
What is happening crypto right now?
Crypto markets have now officially erased over -$1 TRILLION of market cap since October 6th.
But why?
The answer to this question seems to be more technical than fundamental.
That is, crypto adoption is still at record highs, de-regulation is in full swing, and technology is advancing rapidly.
However, leverage is at unprecedented levels which is amplifying moves in the market, such as the $20B liquidation seen on October 10th.
As a result, when uncertainty arises or technical momentum fades, downward swings are amplified.
300,000 traders are being liquidated PER DAY on average and the market has evolved into its most reactive form in history amid Trump posts and headlines.
The long-term thesis is stronger than ever, but the short-term picture points to larger swings in both directions.
Leverage is a wild "drug."