Bitcoin pays no interest. That single fact is the starting point for every link between interest rates and crypto. When a risk-free US Treasury bill pays almost nothing, holding a volatile asset with no yield costs you very little in missed income. When the same bill pays 4%, every dollar in bitcoin is a dollar … Read more
Ask five traders to mark the market structure on the same chart and you will often get five different answers. The labels themselves are simple: higher high (HH), higher low (HL), lower high (LH), lower low (LL), break of structure (BOS) and change of character (CHoCH). The disagreement comes from the step before labeling: deciding … Read more
Most trading journals die in the third week. They start as a spreadsheet with thirty columns, the trader fills in half of them for ten trades, and the file is never opened again. A journal is only useful if it answers a question at the end of the month, so this guide works backward from … Read more
Your BTC perpetual chart shows a wick down to $59,700. Your liquidation price was $59,800. You are still in the position. A different day, your stop-loss at $59,900 fires even though the chart you were watching never printed below $59,950. Neither event is a glitch. A futures exchange tracks at least three prices for every … Read more
“Breakouts need high volume” is one of the first rules traders learn, and one of the least useful as written. High compared with what? Measured on which exchange? At what point in the candle? A breakout bar that shows 1,650 BTC of volume tells you nothing until you know that an ordinary bar on that … Read more
The Donchian channel is the simplest indicator on most charting platforms: the highest high and the lowest low of the last N bars, with a line halfway between them. It has no smoothing and no formula to argue about. Yet the breakout systems built on it are among the most studied rule sets in trading, … Read more
Three traders open the same long at the same price with the same initial stop. One trails with ATR, one exits when price closes below a moving average, and one moves the stop under each new higher low. Fourteen candles later, they have three different results, and none of them is “wrong.” This article runs … Read more
Most trend indicators measure distance: how far price is from an average, how big the recent moves were. Aroon measures time. Its only question is how many bars ago did the highest high and the lowest low of the lookback window happen? If new highs keep arriving, the trend is fresh. If the last high … Read more
A chart shows bitcoin exchange inflows jumping to two or three times their normal daily level, and the caption says “sell pressure incoming.” Sometimes that is roughly what happens. Often it is not, because an inflow total adds together very different kinds of deposits: a long-term holder sending coins to sell, a trader topping up … Read more
The Money Flow Index is often described as “RSI with volume.” That description is close enough to get you started and loose enough to mislead you. MFI does not just add volume to RSI. It changes what gets counted. RSI cares about how far price moved on each bar. MFI mostly ignores how far price … Read more
