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How to enter a trade (entry signals) for CTR/BTC price spikeHi all. I've had some PM's about the price spike we had for CTR/BTC over the last 24 hours, given that I did some analysis on this a few days back. I've recorded this vid to provide some context around what you should have been looking for! There's also some time spent on what not to do, which will hopefully be useful for newer traders. Hope it's useful. Let me know any feedback or other things that you would like covered. Cheers and good luck, RJR
CEducation
by DreamsDefined
1
NEOBTC price target from falling wedge breakoutDidn't thinkg the falling wedge pattern was gonna play out after the market seemed to have stabilized vertically for a bit there after the breakout, but I don't know maybe it's a 'delayed breakout' if there is such a thing. Anyway, if this does play out based on the height at the base of the wedge that puts the target at around the 0.012777(ish) area. I am still new to this and would appreciate any feedback. As always this is not financial advice. Happy trading.
by SijanC147
Possible bounce back for NEOUSD?Following the breakdown from that triangle pattern, the pattern height tells us that this could be the new local low for NEO. Still waiting for a proper buy signal, the market has definitely lost steam from its last bull run and needs higher volume levels, and ideally breaking back through those higher fib levels. Lines in red are the next support zones in the event of NEO breaking down even further. As always this is not financial advice. Still new to this so I'd appreciate any input. Thanks & happy trading!
BITFINEX:NEOUSD
by SijanC147
1
How to successfully utilize the Fibonacci retracement tool.A beginners guide to Fibonacci retracement. What is Fibonacci retracement? - "In technical analysis, Fibonacci retracement is created by taking two extreme points (usually a major peak and trough) on a stock chart and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%." - Investopedia In english? Fibonacci retracement is a ratio that can help you determine a buy/sell strategy after a pullback (drop). It is best utilized after a huge drop in market valuation. In the following image, I have put together an example of the Fibonacci retracement tool in Tradingview. How to use Fibonacci retracement: Step 1: Find an asset that has recently made a huge drop in market valuation, and seems to be back on an uptrend. Step 2: Select the Fibonacci retracement tool located in the tools panel on the left. Step 3: Click once on the previous peak where the price spiked, then move your mouse down to the current price and go over to the right to click a point on the chart that you want to have all your shares sold by (endpoint). Now that you have your Fibonacci retracement setup, the idea is to sell 25% of your initial investment at each of these levels indicated by the Fibonacci retracement tool: .38, .50, .61, and 1.0. REMEMBER: Be disciplined. Determine a 'stop limit' of when you want to sell your shares if the value of your holdings goes down and set an alert. Nobody likes to sell after a decrease in valuation; however, you always want to keep your shares 'active' and avoid owning depreciated shares over a long period of time. Thanks for reading, and happy trading!
COINBASE:BTCUSD
by FlyingManBadger
1
BTC Beginners Evaluation - Market price fallingFrom the previous two historical cycles we have seen within the Bitcoin market we have seen the market price drop: 1st -68% over 7 days 2nd -51% over 14 days - where the market rode up then fell back down to the -51% Currently the cycle is in the falling phase globally however this consolidation period will be closely watched by traders and oscillations will happen. Technical Analysis will dictate me buying during a low cycle. A pound cost averaging strategy will be undertaken as the price is set to drop further closer to the -51% and -68% we have previously seen this currency fall. Currently it has only fallen as low as -37% over 5d and -34% at 7d on its last support cycle. These numbers look in line with how much it will fall so I should watch out for the next fall. After the market has fluctuated a few times it will likely level out as previously seen. Then an even bigger bull run than any historical event should break out as we have previously seen. If this doesn't happen, then a large crash will ensue, which will not do any other of the cryptocurrencies any favour (depending on what triggered and PR fules the crash).
BITSTAMP:BTCUSD
by cryptosach
Strategy - How To Make Fast Profit (For Beginners)You knew I was coming. How many times have you heard it? or, How many times have you said it? I hear it all the time. "Hey I lost a lot of money, I need something to make "fast profit"". Ok... STOP. Let me make it easy for you. If you look up the Merriam Webster dictionary, and search for "Fast Profit" under the Cryptocurrencies category, yes right there to the left, you will see it's real meaning: Definition of Fast Profit: 1) A person who is about to lose a lot more than what has already been lost. 2) Adj. Describing of a coming sudden loss of money. 3) Common. To lose money. You get it? Fast profit only means to lose money. So when you say, "Oh, I need fast profit now", then what you are saying is that you want to throw away the little money that you have left, because you lost it all on bad plays. So, ok we know the problem, but what's the solution? That's why I am writing to start, just needed to introduce the topic. Instead of "fast profit", think of being sure. Think of research, think of taking your time to make the next move. Think of holding for as long as it takes. Think that if you sell, at the bottom, you will lose everything again. So instead of the fast profits, that you want to receive, why don't you tell me, "Help me, I want to succeed!" With that state of mind, the process can start, To develop a strategy, that will make you a star. So instead of focusing on fast profit. Think about the fact that such mentality is what got you broke in the first place. Slow down, choose a strong coin, we have endless of opportunities, with much more to come. Wait, and think of slow profits. In a few weeks time, you can be sitting on 300%, while with your fast profits, YOU JUST LOST, A 100%. Namaste.
by AlanSantana
69
Quick Strategy To SELL @ The TOP (4 Beginners)Look at the following chart: Notice that when the candles form a large stick on top (basically the candle is pointing downwards), then we have a few candles of resistance or pullback. In this example it isn't so obvious, because this coin right now is in a very strong run, but you get the idea. After the first candle closes and give you the signal, you can sell at the following candle and then expect a retrace. Let's look at a clearer example: Then you use the support level to buy back. This is called a swing trade, this can make you lots of money. But if you get it wrong and go on panic, you can lose a lot as well. Additional tip: The indicator "TD Sequential", which puts the numbers on the candles is another HUGE indication of a coming retrace. On the same chart above, you can see that the #9 produced the biggest fall. If you want to take this to MASTER level, learn how to read candles. That's it. ENJOY! TIPS/GIFTS ARE WELCOME: BTC: 1FuixEqRubccPr9RxZpFTRAzXhwS4j2Qh3 BCH: 1QHoxyb6eWeTUJQ7umFUSKcCZCGckfx14H LTC: Ldqto38KKv2wibUBqdaEYN6k7EDMAfBbqm ETH: 0xb0212a2338eaebd110adc5ca254e23396cc88cd2 ETC: 0x7374fccf45b20f68f444b654402c22246165a366 More strategies below, in the "related ideas" section. Please read them. Thanks.
by AlanSantana
40
Strategy for ALTCOINS VS BTC (Beginners) - How To Split Your BTCOne of the many issues beginners face when trading ALTCOINS, is how to split their money. Where to invest? How much to invest? How long to wait?, etc. It happens that in this market, the cryptocurrency market, opportunities are endless, and we are bathed with a wave of new opportunities all the time, everyday, but this can turn into a problem rather than a solution. A disadvantage rather than an advantage. Why is that? Well, if we don't have a plan we tend to make mistakes, because of lack of experience. We might join a trade and buy an altcoin, we feel all pumped up and hyped up, and feeling good and positive. The next minute another opportunity comes, and this one seems bigger and better, and somehow you don't want to wait, you move to the new one, on and on. Leaving loses behind each time you jump from coin to coin, and worst yet, the action seems to start, almost always, as soon as you go. So how do we deal with this problem? How can we plan to take advantage of all the opportunities, without worries and end up in success? That's the question that I am here to answer for you. THE 10% PLAN Let's say you have 1 BTC (Or 0.10 BTC), or any amount for that matter, and a awesome, charismatic, helpful and optimistic trader, like myself (:P), posts a new idea and you want to join. How much of your capital will you put in? Will you put in 100% Of your capital? NO. "Well this is a huge trade", "This guy knows his stuff", "I will take the chance to recoup my losses", etc. Remember that we do not, and cannot, predict the market. We look at signals which points to a certain direction, but the market can choose to do whatever it wants. That's why we set targets and also stop loss. So instead of putting all your money in one place, divide all your trades in increments of 10. You have 1 BTC, then you have the chance to open 10 trades. You don't have to join them all at once. You are not losing anything if your money is resting fine. This new trade I just posted, you can put in 10%. Set it and forget and you will do well. The next trade, go ahead, another 10%. Now you are feeling good, because you have a plan and you feel strong. And even if the trade goes wrong, you have 80% of your capital safe, and in the worst case scenario, you will see a 10% loss. On the other hand, if the trade goes as planned, and you get to earn, you can be looking at a maybe a 100, or even 200 percent. Follow this strategy wherever you go. And trust, that in time, you will see your money grow. NAMASTE.
COINBASE:BTCUSDEducation
by AlanSantana
48
How To Profit From Any Coin (Simple Strategy 4 Beginners)Hello my fellow crypto-traders (my dearest souls). I want to share with you a very simple but powerful strategy. A strategy so simple that anybody can use with no knowledge or background in trading. After just reading this educational idea, you can use it forever and ever, or use it as a stepping stone to learn even more. Let's get started. Here I want to share with you how you can look up your own coin, take a quick glance at the chart and prepare yourself to profit massively in the long run from it. For this strategy to work, you will need just a few basic ingredients. 1) You need to research a coin that you would like to HOLD for LONG and profit from. 2) Make sure the coin is at its lowest, or near its lowest point. 3) A coin with a real world use, a product and active developer team. Now, here is how the strategy works. For this example, I will be using Siacoin (SC). 1) The first thing is that this coin has a real product that people can use and has been in the market long enough. So I know it will still be here a year from now or more. Or at least that's the potential based on my research and past record of the coin. 2) Open this coin chart. You can set the time frame to 1Day or 1Week and zoom out. This will allow you to see the whole story, the bottom and the top. You can also add some indicators like MACD and RSI for fun. If you don't know how to use them, it is ok, but you should learn, because if you are going to be trading, knowing this will only result in an advantage for you. For this example, Siacoin top was 0.00000838 on June 2017. The price is seating near bottom or at long time support at 0.00000050 in this example. Now, long term coins with real world use product and an active developer team always tend to challenge its top price at least once a year. In this case, the difference between the bottom price and top is about 17x. That's your profit potential. 3) Start buying your coin. Anytime you can and every time you can, buy some of these coins. Build your stack and keep on buying. As an example, let's say you are going spend a total of $1,000. It is better to buy $50 every two weeks for 10 months, or $100 per month rather than $1,000 all at once. This is another strategy but I will tell you about it another time. You can also choose to buy all at once as you chose a coin that is already bottomed out. AND THAT'S IT. Buy your coin and hold. Buy and hold. At one point, you will see something really beautiful happen. News are going to be announced, upgrades are coming to the protocol, new products are going to be developed and released, and your coin value will explode. At this point, you already have the potential to earn 17x. But if the top is broken you can earn even more, way more. As 1 year can be equal 10 years in the crypto-world. On top of that, the Bitcoin price can also increase, giving you a double benefit on the earnings from your coin at the time you sell if that happens. You are to sell near the top, after the top is broken or when you feel comfortable with the amount of earnings that you have accumulated based on the amount of time and money you put into the coin. The price swings will always happen and they don't matter. Just keep buying on every dip. So all you have to do is research a coin. Something that you agree with, with real world use, a product, concept and developers team you like and start investing in it. In a few months time or more, you can make such a big gain from this coin following this strategy, that it can change your financial life. Everything just for a few minutes of your time and the ability to be able to widen your perspective and look at the long run. Short term is overrated, ask any professional trader. And that is all. Hope you enjoyed this strategy, and you can even apply it to this very same coin. NAMASTE.
by AlanSantana
49