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Topic: 2 Powerful Tools to help newbies Analyze the market. (Read 104 times)

Ryker1
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
2 Powerful Tools to help newbies Analyze the market.
May 11, 2022, 07:15:13 AM
#2
Well, can I ask a question regarding these two powerful tools in trading if this is proven and tested?
Is there any proof that shows it has an accurate result?
Analyzing the market seems really hard to do even though experts in trading did not have a guarantee that has a consistent result.
Quote
In order to analyze the gambling market, a newbie should use two powerful analytical tools:  The first tool is ijudiking88. ijudiking88is an acronym representing the four internal and external forces that shape every business environment. The second tool is PEST Analysis. PEST is an acronym representing the four factors that shape every business environment. T
Need more proof of this, all I know are TA and FA.
Franctoshi
hero member
Activity: 1022
Merit: 600
Re: 2 Powerful Tools to help newbies Analyze the market.
May 10, 2022, 05:20:06 PM
#1

These tools are powerful trading Tools Meant to use for market analysis that will help traders and investors better understand and get a clear picture of the future direction of the Market (BITCOIN) when doing proper market overview  or Analysis.

                                  1 .       COT DATA "COMMITMENT OF TRADERS"

This tool is usually published every week by CFT and it actually looks at what the institution , the hedge funds and  the Big  Banks  are currently holding and doing in the market ; that is it helps traders check what currency pairs the instructions are selling or  buying at the given period of time.

For Instance ( BTC/USD) pairs
With this Data traders check if the hedge funds increase their exposure in BTC and decrease their exposure in USD (verse versa ) by checking the institutions percentage increase or decrease in exposure between the two currency pairs.
 Secondly, it also help to check what the retail investors or traders are  also  doing in the market too.

                                  2 .                               ON-CHAIN DATA

The on-chainmeasure amount of Bitcoin moving in and out of Exchanges by using Crypto Quant or other platforms.
It also vhelps traders to understand the current activities of the whales in a particular crypto asset like Bitcoin.
To analyze this , traders should take note the activities of traders and investors  in exchange.

(a). If traders and investors are buying Bitcoin and moving it out of the Exchange, it signifies strength and we may get a potential supply shock in the future.

(b). If Traders are sending in their Bitcoin into the exchanges that signals future selling pressure imminent and this is as a result that investors are trying to take out some profit from the market.
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