Introduction to Technical Analysis Discussion

I think moving averages can be one of those things a person can change for experimental purposes , but you can’t go wrong with some combination of a 5 ,10 ,30 , 50 , and 200 day simple moving average.
Each coin or token We invest in becomes a chartable…event , so be careful that We don’t spread yourself to thin and we fail in risk management dept…

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Is there a good site fo access for drawing trend lines and so forth?

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https://www.tradingview.com/ is the best tool for drawing your own TA. :nerd_face:

Carlos Z

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Thanks Carlos, I asked that question a little too soon. Had I read further …Thanks Again

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@filip or anyone reading this:

I have a question about the VOLUME, I understood what it is according to your video, but I am not sure what that Volume is on a bigger scale: does it refer to the volume going through a particular exchange? or is there any way to know what is the total volume of all exchanges together? … but what if I just simply buy something with crypto, for example, when I subscribed to my yearly plan of Ivan on Tech academy, I paid with BTC, so are all of those transactions included in the volume?? Because when I did that, I didn’t exactly sold my BTC, but I think it would be like a “selling” and you give me your subscription in return

And what is even more interesting now that DEX’s are becoming a trend, how can you measure the volume going through DEX’s and what is a reliable source for that information?

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Hi @javier_ortiz_mir, hope you are ok man.

Now in the course, Volume does refer to the volume going through a particular exchange.
To get the total volume of all exchanges together you might need tools like coinmarketcap or coingecko that calculate the summary volume of all known exchanges.

Their included in the volume of total transactions in a range of time, those stats can be calculate on-chain (monitoring the blockchain). Glassnode is an amazing tool for on-chain stats like those.

DEX’s live on a blockchain, so all data from them can be calculated on-chain.
bloxy.info is a nice tool to get on-chain data for Ethereum (and DEX on it).

If you have any more questions, please let us know so we can help you! :slight_smile:

Carlos Z.

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@thecil thanks man! Im ok, already recovered from my accident.

isnt there any competitors of Glassnode? I always hear from them, but I haven’t heard of any other competitor that does the exact (or similar) things like they do.

Do you mean that Bloxy.info a similar service like Glassnode, but with Ethereum blockchain? Do they have the same indicators? I mean, I know they cannot be exactly the same … but like the entities in profit and the others that Ivan always review in his youtube channel? I guess it must be difficult to identify an entity with Ethereum wallets.

And another question… has Glassnode ever made a gross mistake? I guess that their reputations matters the most, so any incident like that would give an opportunity for another competitor to gain more relevance in the market.

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I haven’t met a glassnode competitor, bloxy could be the closest one, but it is for Ethereum only, so glassnode wins (cuz it have btc and eth data). But for me is not which is the better, both tools are great and can give you different point of views when analyzing data.

It is very easy to identify entities on Ethereum (i mean, entities like uniswap for example) they have a contract address, which will manage all funds based on the programed rules on the smart contract, so for services like glassnode or bloxy is quite easy to get the data, the hard part is to represent that data into something that make sense.

I do not know about any gross mistake event that glassnode has committed, they just represent on-chain data, so if the do a gross mistake could be a bad representation of a data.

If you have any more questions, please let us know so we can help you! :slight_smile:

Carlos Z.

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wow!! so Glassnode currently is a monopoly!! I will find out who are the developers or the creators of that platform.

I think it is a little expensive for me, but they can charge whatever they like!!!

Thanks man!

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Hi everyone,
volume of 1.5k if we look at a daily BTC chart, does it means that 1.5k BTC was traded this day?

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Hi @Lane11, hope you are great.

You might wanna read this reply to another student which have a similar question about the volume on the charts.

If you have any more questions, please let us know so we can help you! :slight_smile:

Carlos Z.

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@filip
Good evening Filip, could you please be so kind and share what chart application you are using and perhaps, include a link to the same. That would be very much appreciated.

PS! It is a very useful and interesting coarse and make total sense in the crypto business.

Thanks and Kind Regards, :nerd_face:

Nils

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Hi @NLUGNER, hope you are great.

This is the link for the tool that filip use on this course:

https://www.tradingview.com/

If you have any more questions, please let us know so we can help you! :slight_smile:

Carlos Z.

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@thecil,

thank you :+1:

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@filip Are buying and selling orders affecting the high and lows or only orders which closed succesfully?

EDIT:
Now 24 h later I feel a bit stupid when I have reviewed my question:):slight_smile: So, no need to answer.
Thx

Sorry if this question has already been asked. What software is he using to look at the market?

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Hi @TheForth, hope you are great.

This is the link for the tool that filip use on this course:

https://www.tradingview.com/

If you have any more questions, please let us know so we can help you! :slight_smile:

Carlos Z.

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HI all! Just a question or better i am curious about your MVA settings.
Do you use 50, and 200 or 20 and 200 or different mixed settings. ?
Cheers Christian

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Hey @mchoeti, hope you are great.

Did you mean Moving Average (MA)? that case i do use MA at 20, 50 and 200 day on my charts :nerd_face:

Carlos Z

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Yes you are right, my bad. Sometimes there is tooo much noise around :slight_smile: But thanks for your Input.

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