1- ARMAGEDDON 2 by Bullish way team
This indicator shows you the floor and ceiling of the market accurately. It simply issues accurate long and short signals in all time frames. It is natural that such a wonderful indicator is not free. The development team of this powerful indicator provides you this indicator permanently for $249.
Click here to get and test Armageddon indicator.
This premium indicator (ARMAGEDDON 2) is one of the few indicators that is guaranteed by the development team.
Video of Bullish Way's premium indicator "Armageddon2" test :
2-Ichimoku Clouds
Ichimoku Clouds, also known as Ichimoku Kinko Hyo, is a popular technical analysis tool used in the financial markets, including cryptocurrency trading. It was developed by a Japanese journalist named Goichi Hosoda in the late 1960s.
This is a complementary indicator that must be on your chart to determine support and resistance levels.
The Ichimoku Clouds consist of several components that provide a comprehensive view of price action, support and resistance levels, and potential trend reversals. The main components of the Ichimoku Clouds are:
1. Tenkan-sen (Conversion Line): This line is calculated by averaging the highest high and lowest low over a specific period, typically nine periods. It indicates short-term market momentum.
2. Kijun-sen (Base Line): Similar to the Tenkan-sen, the Kijun-sen is calculated by averaging the highest high and lowest low over a longer period, typically 26 periods. It represents medium-term market momentum.
3. Senkou Span A (Leading Span A): This component forms one of the boundaries of the Ichimoku Cloud. It is calculated by averaging the Tenkan-sen and Kijun-sen and plotted ahead of the current price action.
4. Senkou Span B (Leading Span B): This component forms the other boundary of the Ichimoku Cloud. It is calculated by averaging the highest high and lowest low over a longer period, typically 52 periods, and plotted ahead of the current price action.
5. Kumo (Cloud): The area between Senkou Span A and Senkou Span B is known as the Kumo or Cloud. It provides insights into support and resistance levels and helps identify potential trend reversals. 6. Chikou Span (Lagging Span): The Chikou Span represents the current closing price, plotted backward on the chart. It helps traders identify potential areas of support or resistance based on past price action.
Traders and analysts use the Ichimoku Clouds to assess market trends, identify potential entry and exit points, and gauge overall market sentiment. It is a versatile tool that can be applied to various timeframes and financial instruments.
3-Auto Fib Retracement
Recommended next reads
Auto Fib Retracement, also known as Automatic Fibonacci Retracement, is a technical analysis tool used in trading to identify potential levels of support and resistance in a price chart. Fibonacci retracement levels are based on the Fibonacci sequence, a mathematical sequence where each number is the sum of the two preceding ones (e.g., 0, 1, 1, 2, 3, 5, 8, 13, and so on).
Auto Fib Retracement tools automatically plot these Fibonacci retracement levels on a price chart, making it easier for traders to identify potential areas where the price may reverse or consolidate.
The most commonly used Fibonacci retracement levels are 23.6%, 38.2%, 50%, 61.8%, and 78.6%.
Traders use Auto Fib Retracement to determine potential entry and exit points for trades, as well as to identify areas of potential support or resistance. By analyzing price movements in relation to these Fibonacci levels, traders can make more informed decisions about their trading strategies. It's important to note that Auto Fib Retracement is just one tool among many used in technical analysis, and it should be used in conjunction with other indicators and analysis methods to make well-rounded trading decisions.
