[](/u/growerik/)
Crypto watch
[COINBASE:BTCUSD](/symbols/BTCUSD/)Bitcoin / U.S.Dollar
Crypto had a big week.Now what? All cryptocurrencies made significant upside price action moves because of positive delta
Do your own due diligence, your risk is 100% your responsibility.This is for educational and entertainment purposes only.You win some or you learn some.Consider being charitable with some of your profit to help humankind.Good luck and happy trading friends…
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Trend, patterns, momentum
Newsworthy current events
Revenue
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst’s motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci
Fibonacci MA7 – price
pi
BBMC –
AlertiT – notification
tickerTracker –
[volume](/ideas/volume/)inflows.
Now the thing to watch is if the delta [volume](/ideas/volume/)neutralizes, increases or decreases.
Because that will directly impact the price action sideways, up or down from here.I set my Honest [Volume](/ideas/volume/)(beta altered code from TradingView “Up Down/ [Volume](/ideas/volume/)Profile” script) indicator to 1, 4, 24 lengths on this 1-hour 4x split frame crypto watch template.Along with pi [RSI](/ideas/relativestrengthindex/)(trend momentum) and BBMC( [bollinger bands](/ideas/bollingerbands/)) indicators.I arbitrarily chose [BTC](/symbols/BTCUSD/), BCH, ETH & ETC for display purposes.
Since crypto is notorious for making surprising big swings sometimes I would set alert notifications on indicator values / price levels.The time frame and / or tickers can be changed to do deeper research obviously.Mixed signals mean sideways / consolidation is a possibility until future data is printed.At the time of this post, length 1 [volume](/ideas/volume/)delta is negative & length 24 [volume](/ideas/volume/)delta is positive, pi [RSI](/ideas/relativestrengthindex/)is [bearish](/ideas/bearish/)but could bounce depending on other time frames and BBMC is contracting.
Here’s a crypto watch 4x split frame to use over the course of this extended 3-day US equity market holiday weekend.Enjoy!
Do your own due diligence, your risk is 100% your responsibility.This is for educational and entertainment purposes only.You win some or you learn some.Consider being charitable with some of your profit to help humankind.
Good luck and happy trading friends…
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
[Volume](/ideas/volume/)average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
[Earnings](/ideas/fundamental/) [Balance sheet](/ideas/fundamental/)
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst’s motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage
[UI](/symbols/NYSE-UI/)
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci
[VIP](/symbols/LSE-VIP/)- [volume](/ideas/volume/)
Fibonacci MA7 – price
pi
[RSI](/ideas/relativestrengthindex/)- trend momentum
BBMC –
[bollinger bands](/ideas/bollingerbands/) [TTC](/symbols/NYSE-TTC/)- trend channel
AlertiT – notification
tickerTracker –
[MFI](/ideas/moneyflow/)Oscillator https://www.tradingview.com/u/growerik/#…
Share your profit to help:
NFT:
https://www.charitynavigator.org https://www.gofundme.com
NFT:
https://opensea.io/collection/3angels111
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView.Read more in the
[Terms of Use](/policies/#disclaimer-regarding-investment-decisions-and-trading)..