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Binance Zigzag Patterns

Quick Overview

What you get:
  • Telegram chat Binance Zigzag Patterns. Immediate alert via Telegram-chat as soon as the pattern emerges on any Binance trading pair/timeframe (timeframes 30min +), indicating:
    • Type of pattern
    • Сurrency pair
    • Timeframe, expected targets, support levels.
    • Any changes on the pattern state (reaching the target, stop-loss crossing, expiration)
  • (under construction) Personal account on ccta.io website
  • Bonus: access to GoogleDocs table “Binance Zigzag Patterns”. While working on development of website personal account, we provide access to a GoogleDocs table containing aggregated information on all current patterns on all currency pairs and timeframes as a free bonus;
Features:
  • Instant “Head and Shoulders” pattern detection on Binance timeframes 30m, 1h, 2h, 4h, 6h, 8h, 12h, 1d, 3d, 1w, 1M;
  • Validating the pattern - checks for:
    • previous trend
    • pattern symmetry
    • “Head” to “Shoulders” ratio;
  • Determination of control points
    • Takeprofit
    • Timelimit
    • Stop-loss;
  • Pattern & control points visualization - candlestick chart with the drawn pattern “Head and Shoulders” right to the Telegram chat (ease of transferring the pattern to TradingView and Coinigy for more in-depth analysis, instant search for patterns and events for the coin by tag).
  • conducting a deal on a pattern - immediate notification in the Telegram-chat when a pattern is confirmed, take-profit or stop-loss is reached.
  • summary GoogleDocs-table for all found patterns “Head and Shoulders” for each cryptocurrency pair (updated every 30min, sorted according to different criteria).
You would greatly increase the effectiveness of the tool by aqcuiring:
  • Basic knowledge of technical analysis
  • Basic knowledge of money management and risk management
0.02 / month 0.04 / 3 months 0.07 / year

Availability: In stock

Details

Reading the publications on stock trading, it may give the impression that patterns mentioned are much more effective than the usual indicators (MACD, RSI, etc.). The patterns are really great and useful tool. Meanwhile their potential even increased when used in combination with indicators.

Zigzag patterns

Zigzag patterns are a generic name for several types of patterns, among which are patterns of trend change and trend continuation:

We bring to your attention a tool for cryptocurrency trading using the patterns “Head and Shoulders” (hereinafter referred to as the GiP). These patterns show the best results when traversing the history of trades (backtesting). The patterns found on higher timeframes (from 4h) have the greatest power. For them, a candlestick chart with a drawn GiP pattern is issued in a Telegram-chat. GuiPs found on lower timeframes are represented in the GoogleDocs table.

Head-and-Shoulder Pattern

There are 2 types of HS: normal (normal) and inverted (inverse). Normal HS signals price reduction (short position), inverted - price increase (long position). A signal to enter a trade (confirmation of the pattern) is the price crossing the neckline. After that, the price should reach some value (goal). This value (Price Target) is determined by the pattern as the distance from the “Head” to the “Neck” line (Head’s Height (H)), and is plotted from the point of penetration of the “neck” line.

The target defined by the pattern is a very conditional quantity, the achievement of which is not guaranteed. The history of transactions shows that in most cases the price starts moving in the right direction, but it does not reach the final goal. In order not to close the stop-loss transaction, where only a few satoshies were missing from the goal, we take the following actions:

  1. Move the stop loss as the price increases
  2. We divide the final target into several sub-target (1-4 - it depends on the size of the overall target).
Percentage of successful transactions using the “Head and Shoulders” pattern (for the cryptocurrency market)

Patterns, like other tools for analyzing (predicting the movement?) Of the market, make a big profit when trading with the trend. The uniqueness of our tool is that it helps to identify this very trend. If the market starts to fall, then you will see in the Telegram-chat how bearish Gui start to dominate bullish (bearded GuiP will begin to be confirmed in large quantities, and bullish will be canceled). In addition, we have created a composite indicator, which, based on the state of many bitcoin pairs, determines the current state of the market and the direction of future movement. The status of this indicator is also displayed in the “Binance Zigzag Patterns” chat.

Also, our tool allows you to find coins that go against the trend. Counter-trend deals are more risky, but in some cases they allow you to get

Additional Information

Telegram link @ccta_ak
Market Binance
Price 0.02 / month 0.04 / 3 months 0.07 / year