ADABTC Trade Channel Short term LONGThink ADA will benefit a lot from any upside BTC sees and may be a shelter for any pullbacks, along with ETH eventually i imagine. Xrp Another one worth a look.
100x
XRPBTC Long term breakout potentialUsing the martin trendline indicator set to 7, which historically has given good entry and exit points, it looks like we will see a lot of bullish movement over the next days and possibly weeks, but a wave back down is still possible in the short-medium term which i will now call medium rare term :). Looking at the lower timeframes confirm this very strongly.
somewhat foolproof high leverage (>25x) trading plan exampleThe idea is simple. look for key moment in a chart where large consolidation is coming to a head.
most recently we had this occur.
multi month triangle coming to a head.
bulls...
thinking we would break out of the consolidating triangle and ignite a new bull run.
3 apparent higher lows on the daily.
fundamentals getting stronger every day
institutional investors AND governments acknowledging keen interest and excitement
bears...
weekly macd bear cross below 0 line
below all major daily MAs
just closed two consecutive weeks below 50 weekly MA
this is just a sampling of technical indicators. we could add more to both sides.
regardless, it doesn't matter which one happens. Here's how you win no matter what.
as the consolidation approaches an apex, you get the opportunity to margin short and long at the same time .
consider the following.
You have $2k available for a trade. $1k for long and $1k for short.
wait until consolidation get's tight. look for the spread between the lower highs and the higher lows to get below 4%
Looking at the LIGHT green
after multiple HL and LHs, this a is a GREAT long and short entry for 25x, 50x, 100x. These options are likely NOT the entire of the HL and LHs, which is really good for possibly NOT getting margin called on your losing trade.
If you manage to get both long and short entered, wait a bit and let the triangle continue to form. stop loss BELOW our entry significantly. basically if you got an entry near the supporting triangle trend it may back test it, place stops below that. you might lose a significant portion of your trade. deal with it, this is margin trading. Now that the price has drifted from your entry, place stops at break even.
as the triangle reaches it's apex...its going to pop eventually. One of your 50x positions will be in a sick position for major profit, and the other will have closed (hopefully for little/no loss)
DARK green
You're late to the game, but same theory applies. open high leverage longs/shorts on triangle bounce. riskier here because you are expecting the triangle to break soon.
WHY is it somewhat?
of course nothing is perfect. and we have seen once or twice the whales clear out shorts AND longs in one sick up/down.
but this gives you a very good chance to have a live high margin trade. it just costs double then the advertised collateral.
When it is the least risk time to use 100x leverage - Scenario 1When it is the least risk time to use 100x leverage? Generally speaking, it is when a new down/up leg starting, or when a new trend is initiated.
Scenario 1: This diagram shows a scenario when a uptrend line is broken and a new down leg started. Good time to enter 100x position right when the breakdown happen and tested. This trend line breakdown is confirmed with RSI trend line breakdown and MACD turn-down.
Bitcoin, monthly analysis Markets cycle, fact. Look at each large 100x or more bull run for btc, it has then retraced around 80% each time before going on to a new ATH and retracing again. I believe we are in another retrace that could go on all through to next year before taking off again. Or, could the retrace already be complete and we are off again?
I like analysing this btc chart.
Forex Elliott Wave predictions thought I would make this chart to prove you can trade Elliott Waves in any market any time frame.
