Band/USD Bullish Trend Continuation SetupHi there. Beginning trader and technical/fundamental analyst, sharing a bullish trend continuation trade learned from the TRI School for Trader Development, my alma mater. *This is posted for entertainment purposes only, not trading or financial advice.
Reasons for trade:
1. (Location) This is a Bullish BoT setup. It retraced more than .33 but less than .66 fib.
2. (Structure)Double bottoms (W) in price action, obv, Willy
and an unconfirmed one in MACD which is positive.
3. (Momentum) Increasing buy volume (green bars), postive Moving Averages cross in OBV and Willy.
4. Some support on Volume Profile
5. Moving averages confluence and price over 30SMA.
6. 3 Lower lows to act as support for price if trend slows or starts to break down.
Risk/Reward 3:1
COINBASE:BANDUSD
Bot
Beating ADA/USDT 2412.9% 1 year hodl returns with simplicityADA has been one of the best investments in the last 12 months. Holding would have racked you in a whopping +2412%. Beating this on spot requires simplicity. The strategy presented here brings in +3406% in the same period.
WILL POST ALL POSITIONS AT THE BOTTOM
When creating strategies around trending assets it's best to keep it simple for a plethora of reasons but mainly:
1. The more complicated your strategy the harder is to execute it correctly and stay disciplined
2. In a bull run you are trying to avoid the downside. By throwing in plenty of conditions you might miss big upwards moves that put you at peril of underperforming HODL. If you are not beating holding there's no point to trade
Strategy objectives:
1. Hold open positions for days rather than minutes or hours. We don't want to be scalping assets like ADA with solid fundamentals that are already attracting attention.
2. Losing positions should be closed quicker on average
3. Willing to tolerate some drawdown but it needs to be less than 50%
4. Use technical indicators or price levels that are recognisable by the majority of traders - we want to be reacting when the masses are
The strategy:
It started with the investigation on which indicators, patterns and price levels ADA has been reacting to in the past. In the investigation stage we tested single candles, candlestick patterns, oscillators and variations of moving averages.
In terms of timeframe, we did want to maintain swing trading, but we know most of retail is watching lower timeframes. So we focused on strong signals that don't appear often on low time-frames.
The rules:
On the 30 minute chart
1. Open position when candle is bullish Marubozu
2. Close position when candle is bearish Marubozu AND price is below EMA(120)
To be clear we wait for the candle to form and if it is a Marubozu we act on the candle after.
No stop loss or take profit as we are working with market based close conditions that are respected 100% of the time. That's it, that's all the rules!
The results:
Since 03 Mar, 2020 till 03 Mar, 2021 the strategy had a return of +3406% on spot. It actually had a win rate of 46.1%. Yet the average win brought in +18.5% while the average loss was only -3.09%. In a year it opened 102 positions.
The max drawdown was 33.1%, which is pretty steep but acceptable for a strategy running for a year in crypto. The calculated profit factor of 7.38 (above 2 is usually considered good) gives us a good indication of justified risk.
The strategy was checked on other trading pairs like ETH/USDT as well and is profitable, but please do run your testing and optimisation before going live.
If I can answer any questions please let me know. Feel free to test or chnage this strategy to suit your needs.
The positions:
25/02/2021 12:00
02/03/2021 19:00
5 days
OP 1.0464
CP 1.2041
+15.1%
24/02/2021 01:00
24/02/2021 21:30
21 hours
OP 0.94185
CP 0.99912
+6.08%
16/02/2021 23:00
22/02/2021 18:00
6 days
OP 0.87371
CP 0.96849
+10.8%
14/02/2021 21:00
16/02/2021 20:30
2 days
OP 0.86839
CP 0.85123
-1.98%
01/02/2021 19:30
13/02/2021 21:30
12 days
OP 0.3653
CP 0.87822
+140%
28/01/2021 16:30
31/01/2021 15:00
3 days
OP 0.34487
CP 0.34729
+0.702%
22/01/2021 04:00
26/01/2021 06:30
4 days
OP 0.32367
CP 0.34058
+5.22%
21/01/2021 06:00
21/01/2021 22:00
16 hours
OP 0.36326
CP 0.32826
-9.63%
23/12/2020 23:30
20/01/2021 09:00
27 days
OP 0.14086
CP 0.35803
+154%
22/12/2020 14:00
23/12/2020 01:30
12 hours
OP 0.15887
CP 0.15656
-1.45%
20/12/2020 14:00
22/12/2020 13:30
2 days
OP 0.16362
CP 0.15623
-4.52%
18/12/2020 21:30
20/12/2020 04:00
1 day
OP 0.1652
CP 0.16255
-1.6%
11/12/2020 16:00
18/12/2020 19:30
7 days
OP 0.14155
CP 0.16232
+14.7%
09/12/2020 14:00
10/12/2020 01:00
11 hours
OP 0.14415
CP 0.14616
+1.39%
06/12/2020 12:00
08/12/2020 09:30
2 days
OP 0.15588
CP 0.14936
-4.18%
05/12/2020 01:00
06/12/2020 05:30
1 day
OP 0.15127
CP 0.15661
+3.53%
02/12/2020 17:30
04/12/2020 21:30
2 days
OP 0.15403
CP 0.15164
-1.55%
28/11/2020 00:00
01/12/2020 22:00
4 days
OP 0.14178
CP 0.15693
+10.7%
27/11/2020 03:30
27/11/2020 05:00
2 hours
OP 0.13853
CP 0.13718
-0.975%
26/11/2020 11:00
27/11/2020 03:00
16 hours
OP 0.1378
CP 0.13574
-1.49%
18/11/2020 21:00
26/11/2020 07:30
7 days
OP 0.10481
CP 0.13354
+27.4%
14/11/2020 18:00
18/11/2020 11:30
4 days
OP 0.10303
CP 0.10669
+3.55%
09/11/2020 18:00
13/11/2020 07:00
4 days
OP 0.10433
CP 0.10547
+1.09%
04/11/2020 05:00
09/11/2020 04:00
5 days
OP 0.09455
CP 0.10464
+10.7%
01/11/2020 10:30
04/11/2020 02:30
3 days
OP 0.09334
CP 0.09261
-0.782%
28/10/2020 22:00
29/10/2020 08:00
10 hours
OP 0.0989
CP 0.09924
+0.344%
26/10/2020 21:30
28/10/2020 21:30
2 days
OP 0.10322
CP 0.09774
-5.31%
22/10/2020 17:00
25/10/2020 09:30
3 days
OP 0.11077
CP 0.10722
-3.2%
19/10/2020 10:00
20/10/2020 15:00
1 day
OP 0.10704
CP 0.10203
-4.68%
07/10/2020 15:00
17/10/2020 20:30
10 days
OP 0.09356
CP 0.1054
+12.7%
04/10/2020 23:00
06/10/2020 11:00
2 days
OP 0.09751
CP 0.09505
-2.52%
02/10/2020 11:00
04/10/2020 16:00
2 days
OP 0.09173
CP 0.09455
+3.07%
24/09/2020 11:30
30/09/2020 12:00
6 days
OP 0.07961
CP 0.0975
+22.5%
23/09/2020 08:00
23/09/2020 23:30
16 hours
OP 0.08029
CP 0.07623
-5.06%
22/09/2020 08:30
22/09/2020 19:30
11 hours
OP 0.08087
CP 0.08212
+1.55%
20/09/2020 23:30
21/09/2020 05:00
6 hours
OP 0.08958
CP 0.08936
-0.246%
20/09/2020 03:30
20/09/2020 21:00
18 hours
OP 0.09156
CP 0.08863
-3.2%
17/09/2020 21:30
19/09/2020 08:00
1 day
OP 0.0946
CP 0.09086
-3.95%
07/09/2020 19:30
17/09/2020 02:30
9 days
OP 0.09186
CP 0.09269
+0.904%
06/09/2020 07:00
06/09/2020 17:30
11 hours
OP 0.08804
CP 0.09273
+5.33%
04/09/2020 13:00
05/09/2020 06:00
17 hours
OP 0.10176
CP 0.0996
-2.12%
28/08/2020 12:00
04/09/2020 07:00
7 days
OP 0.1098
CP 0.09506
-13.4%
27/08/2020 00:30
28/08/2020 06:00
1 day
OP 0.11521
CP 0.1078
-6.43%
26/08/2020 01:30
26/08/2020 21:30
20 hours
OP 0.11192
CP 0.11569
+3.37%
25/08/2020 21:30
26/08/2020 00:00
3 hours
OP 0.11106
CP 0.11239
+1.2%
24/08/2020 08:00
25/08/2020 08:30
1 day
OP 0.12545
CP 0.12076
-3.74%
23/08/2020 15:30
23/08/2020 16:30
1 hour
OP 0.12202
CP 0.12188
-0.115%
22/08/2020 06:30
22/08/2020 19:30
13 hours
OP 0.12272
CP 0.12463
+1.56%
22/08/2020 04:00
22/08/2020 04:30
30 minutes
OP 0.12197
CP 0.12083
-0.935%
21/08/2020 06:00
21/08/2020 10:00
4 hours
OP 0.13362
CP 0.13041
-2.4%
20/08/2020 16:00
21/08/2020 01:00
9 hours
OP 0.1327
CP 0.13203
-0.505%
20/08/2020 00:30
20/08/2020 04:00
4 hours
OP 0.13121
CP 0.12851
-2.06%
19/08/2020 22:30
19/08/2020 23:00
30 minutes
OP 0.13126
CP 0.13026
-0.762%
17/08/2020 16:30
19/08/2020 18:30
2 days
OP 0.14307
CP 0.13012
-9.05%
13/08/2020 01:30
17/08/2020 01:30
4 days
OP 0.13717
CP 0.13781
+0.467%
12/08/2020 07:00
12/08/2020 18:30
12 hours
OP 0.13005
CP 0.13321
+2.43%
30/07/2020 14:00
11/08/2020 13:30
12 days
OP 0.13949
CP 0.13816
-0.953%
30/07/2020 12:30
30/07/2020 13:00
30 minutes
OP 0.13872
CP 0.13789
-0.598%
25/07/2020 01:00
30/07/2020 05:00
5 days
OP 0.1253
CP 0.14065
+12.3%
23/07/2020 12:00
24/07/2020 06:30
19 hours
OP 0.12585
CP 0.12245
-2.7%
22/07/2020 10:30
22/07/2020 14:30
4 hours
OP 0.12252
CP 0.1214
-0.914%
16/07/2020 23:00
18/07/2020 22:30
2 days
OP 0.12608
CP 0.12281
-2.59%
10/07/2020 23:00
16/07/2020 19:00
6 days
OP 0.11923
CP 0.12541
+5.18%
06/07/2020 01:30
10/07/2020 17:30
5 days
OP 0.09825
CP 0.11559
+17.6%
28/06/2020 07:00
05/07/2020 07:00
7 days
OP 0.0776
CP 0.09601
+23.7%
27/06/2020 03:00
27/06/2020 22:30
20 hours
OP 0.08021
CP 0.07725
-3.69%
25/06/2020 01:30
26/06/2020 02:30
1 day
OP 0.08285
CP 0.08105
-2.17%
15/06/2020 18:30
24/06/2020 12:00
9 days
OP 0.07551
CP 0.08218
+8.83%
13/06/2020 07:00
14/06/2020 04:30
22 hours
OP 0.07869
CP 0.07782
-1.11%
11/06/2020 21:00
13/06/2020 05:30
1 day
OP 0.07584
CP 0.07787
+2.68%
10/06/2020 04:30
10/06/2020 17:30
13 hours
OP 0.0816
CP 0.08111
-0.6%
06/06/2020 09:00
07/06/2020 21:30
2 days
OP 0.08549
CP 0.08529
-0.234%
25/05/2020 17:30
05/06/2020 15:30
11 days
OP 0.05395
CP 0.08406
+55.8%
23/05/2020 18:00
25/05/2020 15:00
2 days
OP 0.05456
CP 0.05255
-3.68%
22/05/2020 09:00
23/05/2020 16:30
1 day
OP 0.05334
CP 0.05449
+2.16%
17/05/2020 10:30
21/05/2020 10:00
4 days
OP 0.05132
CP 0.05491
+7%
16/05/2020 05:00
16/05/2020 09:30
5 hours
OP 0.05135
CP 0.05055
-1.56%
11/05/2020 21:30
15/05/2020 12:30
4 days
OP 0.04807
CP 0.05073
+5.53%
09/05/2020 15:00
10/05/2020 00:00
9 hours
OP 0.05259
CP 0.05145
-2.17%
07/05/2020 22:30
09/05/2020 08:00
1 day
OP 0.05103
CP 0.05139
+0.705%
04/05/2020 18:30
07/05/2020 08:30
3 days
OP 0.04995
CP 0.04931
-1.28%
30/04/2020 18:30
03/05/2020 15:00
3 days
OP 0.04904
CP 0.04831
-1.49%
30/04/2020 14:00
30/04/2020 17:30
4 hours
OP 0.0504
CP 0.04834
-4.09%
21/04/2020 23:00
30/04/2020 10:00
8 days
OP 0.03481
CP 0.04848
+39.3%
16/04/2020 06:30
21/04/2020 07:30
5 days
OP 0.03216
CP 0.03431
+6.69%
15/04/2020 18:30
15/04/2020 19:00
30 minutes
OP 0.03308
CP 0.03292
-0.484%
13/04/2020 23:00
15/04/2020 16:00
2 days
OP 0.03334
CP 0.03251
-2.49%
13/04/2020 07:00
13/04/2020 14:00
7 hours
OP 0.03255
CP 0.03205
-1.54%
10/04/2020 15:00
13/04/2020 06:00
3 days
OP 0.03301
CP 0.03221
-2.42%
06/04/2020 09:30
10/04/2020 05:30
4 days
OP 0.03348
CP 0.03367
+0.568%
02/04/2020 00:00
05/04/2020 12:30
4 days
OP 0.03097
CP 0.03201
+3.36%
26/03/2020 09:00
29/03/2020 19:00
3 days
OP 0.02987
CP 0.02892
-3.18%
24/03/2020 06:30
25/03/2020 19:30
2 days
OP 0.02917
CP 0.02925
+0.274%
20/03/2020 22:00
22/03/2020 18:30
2 days
OP 0.0297
CP 0.02754
-7.27%
17/03/2020 01:00
20/03/2020 20:30
4 days
OP 0.02458
CP 0.02738
+11.4%
16/03/2020 11:30
16/03/2020 13:30
2 hours
OP 0.02233
CP 0.02227
-0.269%
14/03/2020 14:30
15/03/2020 18:00
1 day
OP 0.02709
CP 0.02654
-2.03%
13/03/2020 05:30
14/03/2020 08:30
1 day
OP 0.02454
CP 0.02668
+8.72%
10/03/2020 10:30
11/03/2020 22:00
1 day
OP 0.04184
CP 0.0385
-7.98%
09/03/2020 19:30
10/03/2020 07:00
12 hours
OP 0.04043
CP 0.04106
+1.56%
03/03/2020 10:00
07/03/2020 13:00
4 days
OP 0.04858
CP 0.05069
+4.34%
03/03/2020 03:00
03/03/2020 07:00
4 hours
OP 0.04848
CP 0.04812
-0.743%
SKEY/WETH ARE READY FOR NEW ALL TIME HIGH❗️Either the SmartKey will skyrocket, or the Ethereum will crash. The point is UNISWAP:SKEYWETH will rally soon...
Awesome Trade in Bitcoin !!! +14% Auto TradingHello traders! I share with you the latest trade of Olivia Scalp BOT , closed yesterday near the top
+14% X1 leverage
Near 10R !!!
The trade was closed in $18205
I call this signal "Take Profit in Squeeze", and it's a rare signal that is given only when the price is too high or too low
BOT good spot for longI think BOT is ready to break upward.
Newly listed on Binance
Only ~$8.4 m marketcap
26489 circulating supply (10000 is locked in Staking).
Expecting to see 40% from here (at least).
Please like and share my idea.
Thanks.
BOT/BTC (Sideways Channel?)💎Technical Analysis Summary💎
BINANCE: BOTBTC
-BOT is potentially forming a range channel
-Where the price can move up or down between support and resistance
-This is technically a choppy market condition
-If you want to trade this coin, please use tight stop loss
-But my biggest advice to wait for a clear breakout direction
-Because that will confirm who is the winner between the Bulls and Bears
-It will also reduce the risk of false breakout/breakdown
A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
BOT/BTC (Wait For Breakout Direction)💎Technical Analysis Summary💎
BINANCE: BOTBTC
-BOT opened the trading action with a strong Bearish candle on the 1hr chart
-The price is currently consolidating after the strong sell-off
-It is not safe to trade inside a ranging market
-Because the price can easily move in any direction
-The safest approach to this market is to wait for the proper breakout direction
-Like if the price breaks the channel to the upside, your priority is Buy
-While if the channel failed to hold, Selling is your priority
-Using this strategy will reduce the risk and have proper stop loss location too
A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
Current Market ProfileAll posts from this account will be results based from tools or signals that have been personally tailored. Volume is currently gathered from Binance alone, but we'll be expanding to gather more orders soon.
Volume peak levels (past 48 hrs):
10460-10470 (50,000+ BTC)
10280-10320 (20,000 BTC)
Btc short term outlookOnce again crypto got hit by high correlation to equity markets. This is what happens in risk-off situations when everyone's fleeing to cash.
Pretty much the same scenario as when we dropped from the 11k range driven by trad markets, but less violently this time and didn't really go deep into demand block.
LTF (H1) BB Bot already giving multiple long signals for scaling into a swing long and SCMR turning neutral. Would like to see the same signals develop on H4/H12 and equity behave from here.
Btc sitrepBtc has been absorbing sellers each time 10k has been broken and late fomo shorts have been rekt over and over.
Judging from this and how high cap alts have behaved on every bounce, I would say we will see a face ripping short squeeze unless the stock market completely collapses on Tue/Wed.
Crypto is a risk on asset and highly correlated with equities in a crash scenarios (as seen in Mar). Right now people are looking for a stability to buy into crypto again.
LINK longA number of long signals turning up H12 for BB Bot. This is a very significant signal and 90% of the time means that price will reach the upper band. BNB already made a move and I believe that LINK is next.
Band squeeze on H4 indicates that volatility is incoming.
Ofc macro (in this case Nasdaq) can still destroy this but until Tue there's room for crypto to move.
Btc longBtc back to accumulation area, as indicated by BB Bot green arrows, after the successful long and the 5BH gtfo signal from SCMR at the top.
Only thing that could muddle the water is that USD has shown extreme weakness lately, and that will likely not be allowed for very long. Keep an eye on DXY if going long Btc here.
Btc long (continued)Long looking good after some more limit orders loading their long bags in this demand zone.
We didn't have this type of strong BB Bot signalling since the last move up from low 9k. All kinds of bollinger band deviation signals to go long here. BB width still a bit high but turning down and should bottom out before we get the next move.
This is an accumulation area ladies & gents. Hopefully it will not be ruined by the USD turning violently up, which has had negative correlation to Btc for some time now. As we have seen this year Btc is not decoupled from economic macro.
Btc liquidity 'dip'Bullmarket decided to not take any free passengers onboard lol. Better SCMR called the move on H1.
Perfect hit of BB Bot level and now bullish retest of the 11.3 level we just broke. A weekly close above this line will confirm this scenario.
Stay safe out there and don't overleverage/ trade naked.
ETH sup/res flipETH making a perfect bullish retest of previous resistance level on H4. BB Bot nailed the short as well as the horizontal level for retest. Also notice the increase in BBW after the spike up, indicating that volatility is slowing down.
Imo we are not in an all out bull market until Btc breaks thru 11.3k level and confirms it as new support.
Gl, and may the trend be your friend :)