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Bitcoin-trade

The constructor of your trading algorithmHi friends, today I want to share the constructor of your trading algorithm. I want you to take a piece of paper and a pen and answer these for yourself And this will be your individual trading algorithm 1. Trade style Decide how you are going to trade Choose your style -  Short term -  Swing trading -  Medium term - Scalping - Carrytrade - News StraddleTrade - Long term - Other 2. Write more specifically here, what time will you work? Indicate the hours of your work at the terminal 3. What's is stopping you from trading? Here you should list ALL moments that can confuse you in trading. I do not trade if:   - Bad mood   - I'm drunk (a), or fun) - I'm sick   - Exceeded (a) the established level of risk for a day, week, month   - On the day of the release of important economic indicators   - Bank holiday period   - At the end of the fiscal year   - At the beginning of the fiscal year   - Other 4. Trade Details: Describe in detail all the situational moments in the trade I am analyzing yesterday's deals    Yes    Not My instruments (what I trade) __________ What type of analysis do you use ___________ What patterns do you trade -add files What important economic news do I see on the calendar ___________ I am doing a general market analysis on such timeframes ___________ What indicators do I use (indicate names and settings) ___________ Signals to enter the market, i.e. when I enter the market ___________ Pictures of situations ___________ I trade such a market model based on price levels add files For me, the signal to enter the market is a SELL order based on price levels    Price trading below the level after the breakdown of the level (breakdown of the level)    Price trading below the level without breakdown (reversal from the level) In pictures it looks like this _________ The signal to enter the market is a Buy order based on price levels for me    Price trading above the level after the breakdown of the level (breakdown of the level)    Price trading above the level without breakdown (reversal from the level) In pictures it looks like this _________ The signal for a false breakdown for me is Maximum permissible risks for my deposit (in%) per transaction, per day, per month: _________ The ratio of profit to loss is    1: 1    2: 1    3: 1    Your option:    Other   After entering the trade for each order, I set StopLoss    Yes    Not After entering the trade for each order, I set TakeProfit    Yes    Not In my trading, I practice partial fixation of the volume of the order (I close the profitable trade in parts) *    Yes    Not What does it look like? Picture* I make sure to work on the bugs *    Yes    Not
BITFINEX:BTCUSDEducation
by EXCAVO
26
BTC in front of a decisive move! #btc #btcusd #trade #trend Hello crypto traders it's time for cryptohora's view of trading. As we can see on the chart btc price is into a descending triangle, Both from 30th of May and even more clearly since 3rd of June. Let's see what are the key points of this timeframe. If we take a closer look from May 30th to June 3rd price was at the same time inside the ascending wedge where after June 3rd brokedown clearly and it's moving inside the descending triangle alone. Inside this triangle the messages from btc price are a bit confused. Although at first it looked like a clearly bearish descending triangle where the price tested 2 times and almost 3rd and 4th the lower line of the triangle, at the latest days it seems that btc gains a bit of momentum. Result of this momentum was the price to test the upper line of the descending triangle once at June 12th. Although it seems it is retesting it now or not price haven't moved away from it but instead it keeps close distance to the upperline, showing us that there is a potential retest and breakthrough of the upper line. Now we are on the verge of a decisive move either for a breakthrough or a breakdown as we move towards the triangle pick, crossing 60% of triangles length. The move can be anywhere between 60% - 80% of triangles length.(until 15-16th June). If it is a breakthrough above the triangle more likely it will come sooner cause it's already on the upper line area as we speak, if it will be a breakdown it will need some additional time to go test it again and then break the line. Beside the triangle there are the fibonacci support and resistance levels that are above and below the current price zone. The fibonacci tracement from this triangle (9090$-7423$) show us a critical reristance level of 38.2% fib at 8062$ and a critical support level of 23.60% at 7819$. Although there is more possibilities breaking the upper line of the triangle I must say that since we are clearly inside the brokedown of the wedge we are in a bearish posture and it must break more fib levels of resistance in order to gain more momentum and the bullish sentiment drive the price back towards to 9000$. Let's see how it goes and I will update the post later on.
COINBASE:BTCUSD
by CryptoHora
2
Bitcoin (BTC) base is cracked, be careful!A bigger picture of Bitcoin at 1D time frame. The base was cracked, Bitcoin is in bearish for almost a year, it had hard recoveries and was forced to go down very fast, now seems the support it's doing it's job, but is not a must, there is already a wick in it, next time or after other attempts can drop again till 3.200, and from there...who knows? If it will go up, there are resistance everywhere and never stayed too long. Let's see! Trade with care!
BITFINEX:BTCUSD
by edward_Z
2
DOGEDoge looking good on the daily. Weak bullish trend at the moment with possible bottom pattern forming. At resistance now. A strong rejection here is a clear exit signal. Some traders will say its a "Cup and Handle" pattern, but the volume profile does not match that pattern. And that is more typically a continuation pattern than a reversal pattern. Daily close above Resistance (red dashed) is a good entry signal. Already in a partial position and will add to it on successful close above and retest of breakout (if one occurs). Doge has made successively higher lows all year, and may have just made a new one, short term at least.
by Nevermorejk
Look out for confirmation of #Bitcoin $BTC inverted H&SIt is likely that Bitcoin has found a low that will last through the end of 2018. There will most likely be another leg down early next year to put in the low of the crypto bear market. A level of BTCUSD $5650 would confirm an inverted head and shoulders pattern and create a tradeable uptick to BTCUSD $5870 or (much less likely) even as high as $6050. A move to $6050 will probably only happen after support is retested around BTCUSD $5600.
BITSTAMP:BTCUSDLong
by blloyd