Get started

Howtotradecryptocurrency

BTC/USDT : Hourly Plan, How to trade now ?BINANCE:BTCUSDT Hello everyone 😃 BTC just followed FIBBO levels and now Based on Indicators analysis and Price Action vision, We will see some Ranged Trend on in marked area and Then we will see another Bull run. For now Targets are HL : 38700$ and HH : 42500$ By the Way Below 32K is Heavy zone for BTC and it can holds BTC for some days. 🔴 This Correction was Big and good Enough for another Bounces but there is one more crash and it will be massive ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! -Helical_Trades
Long
by Helical_Trades
BTC/USDT : How to trade in volatile market BINANCE:BTCUSDT Hello everyone 😃 BTC has been rejected from 40K and now it's moving above 32.5K support. Now EMA 100 is supporting movement, and it's good at all ! But we expect a wick on 30.5K level. Main target is 37K, Now indicators are at limits and they are Turning into Bullish phase again. 🔴 This upward movement is for short-term and it be canceled below 32.5K. Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! -Helical_Trades
by Helical_Trades
2
ETH/USDT : Retest on Pivot point and supply zone !BINANCE:ETHUSDT Hello everyone 😃 ETH had a retest on Supply zone ( ETH did this Retest for 2nd time ! ). ETH is moving into Bearish Wedge, But it's to early to consider it as Bearish phase. Now ETH have more space on Funding Rate and makes it more Bullish than Before !! 🔴 As ETH is Above 900$, target is 1350$ or more... Attention : this is not a financial advise we just try to help people on their own vision. HAVE A GOOD DAY - Helical_Trades
by Helical_Trades
ADA/USDT : ATH Options, How to trade now ? BINANCE:ADAUSDT Hello everyone 😃 ADA has broken 0.25$ resistance zone and now it's moving to ATH resistances. For now we expect a retest on lower support line which is near to Ichimoku cloud and EMA 50 support line. Main Target is 0.32$ above it we will take another long to ATH. 🔴 Below 0.23$ will change Direction. Whole market is in Over Bought zone... Watch for it ! 📍 It could Grow from current point. Attention : this is not a financial advise we just try to help people on their own vision. HAVE A GOOD DAY - Helical_Trades
by Helical_Trades
BNB/USDT : In Bearish Wedge with ATH resistance BINANCE:BNBUSDT Hello everyone 😃 BNB has formed a Bearish Wedge and now it's moving into it below resistance. As BTC is moving in range and Goes down slightly, Alts will do a correction.. MACD is being Bearish But EMA 100 is supporting movement. We expect a retest on resistance before touching 35.4$. 🔴 IF BNB break resistance and take hold above it, Then it will Grow to Wedge's top. Attention : this is not a financial advise we just try to help people on their own vision. HAVE A GOOD DAY - Helical_Trades
by Helical_Trades
2
YFI/USDT : Bearish crossovers on 6H timeframe BINANCE:YFIUSDT Hello everyone 😃 YFI breaks support-line at 22050$, And now it's holding below it, On this current market, Dominance is very on ALTS and their movement will be critical. They can't grow like BTC but they will fall twice more than BTC ! Now, MACD have a Bearish crossover and Volatility movement is being Bearish neither. 📍 Main target is 20K but we expect a retest on 23K level. Attention : this is not a financial advise we just try to help people on their own vision. HAVE A GOOD DAY - Helical_Trades
by Helical_Trades
BTC/USDT : Directions for next hours BINANCE:BTCUSDT Hello everyone 😃 BTC had 2 divergences on chart, Also RSI is was touched over buy zone again. MACD is being bearish on 4H timeframe, And now we are on critical levels ! On hourly chart we have : Best way to trade on this such a situation is that to wait for any type of confirmation, Being neutral between zones is expected and it will makes more space for ALTS to grow... Now We have many Bearish factors on Multiple timeframes, I don't think BTC can continue It's upward movement anymore !! 🔴 Don't take any long-term or mid-term position, you are able to do scalping with tight stop-loss. 📌 At the moment I'm bearish, Any breakout from current resistance will cause a bounce till 30K level. Attention : this is not a financial advise we just try to help people on their own vision. HAVE A GOOD DAY - Helical_Trades
by Helical_Trades
BTC/USDT : Bearish triangle, AIM for 25K BINANCE:BTCUSDT Hello everyone 😃 BTC Has formed Bearish triangle on 17th December and failed to handle it. But now, There is no more BTC buying from Grayscale at the moment and Funding Is getting very positive ! 🔴 MACD is being bullish on 1H timeframe but it won't last too much... 📍 As BTC is moving into triangle we won't take any side, Wait for break from triangle. Attention : this is not a financial advise we just try to help people on their own vision. HAVE A GOOD DAY - Helical_Trades
by Helical_Trades
3
BTC/USDT : next movements BINANCE:BTCUSDT Hello everyone 😃 BTC has formed a EMAs rejection pattern ( I made this name by my self 😂 ). Now BTC rejected EMA200 on 3H timeframe and now its going for EMA200 on 4H timeframe, Also BTC reject neutral zone. So In next candles, we might see another rejection on EMA200 and some ranging candles below it. After that, most possible movement is to retest support zone on 16500$. 📍 We have another Support zone 17250$, it could hold BTC price and pullback to neutral zone. 📍 EMA200 on 6H timeframe is reaching 16750$ and Also we have a support line there ! 🔴 RSI is in oversell zone limit, we have a convergence on it and it could make a bounce on BTC , By the way in 4H timeframe we are still in neutral zone. So pullback from current EMA is possible !! Attention : this is not a financial advise we just try to help people on their own vision. HAVE A GOOD DAY - Helical_Trades
by Helical_Trades
1
ADA/USDT : being neutral between EMAs BINANCE:ADAUSDT Hello everyone 😃 ADA is moving into a neutral channel now, WE have important levels of support which can be a pullback lines for ADA... BUT now, ADA is moving between EMA 100 & EMA 200. Also Bollinger Bands lower has been touched. on our sight, we will see some little green candles, If EMA 100 reject movement then dump is more possible. EMA 100 price line could be a good entry to take short position. 🔴 Watch for EMAs If ADA break EMA 100, it will be risky to take short ! By the way EMA 200 is more powerful and it could support movement. Most possible movement is ranging between EMAs. Attention : this is not a financial advise we just try to help people on their own vision. HAVE A GOOD DAY - Helical_Trades
by Helical_Trades
2
How To Trade EMA here i have set very good example on how you can trade EMA it's common for every asset that it follow the price of EMA ( the moving average ) let's take example i set 7 ema on weekly chart so it's total 49 days moving average so if price make bounce above this ema on weekly something has been cooking in the asset . it's 49 days downtrend same breakdown of EMA ( exponential moving average ) also shows upcoming correction in price on higher timeframe so don't ignore moving average use this EMA with the triangle and other pattern and make your trading better any asset always respect it moving average price if fall below major ema than it will take resistance if goes up than it will bounce when it touch EMA
Education
by TheLightCrypto
LINK/USDT : moving into ascending channel, what's next ? BINANCE:LINKUSDT Hello everyone😃 Here we have Bearish crossover on MACD and Bearish crossover on Stochastic RSI. LINK is moving into ascending channel ant it touched channel one more time ! Now it will be possible to touch channel's bottom... 📌 It means our next target on 12H timeframe will be 11$ But on 2H timeframes : Stochastic RSI is being Bullish, Also LINK touched EMA 100. There is possible bounce to resistance zone, Then target will be 11.5$... 🔴 ALTS dominance is at important level, BTC movement can lead other coins, Don't take any position without stop-loss. Attention : this is not a financial advise we just try to help people on their own vision. HAVE A GOOD DAY - Helical_Trades
Short
by Helical_Trades
2
BTC/USDT : breakout from daily ascending channel, What now ? BINANCE:BTCUSDT Hello everyone😃 As I mentioned on my last analyze for BTC ( If any candle closed above 13850, will cause a bounce on BTC ) we had a bounce above 14K. On my vision, its risky to do scalping now ! By the way on our technical view : We have another bullish crossover on Stochastic RSI at level 90, and now Bollinger Bands made more space for BTC to bounce again. On other side we have divergence since 21th October. These are most important Technical information that we have. Now what is the BTC's Plan ? - If current candle closed above channel it will cause another bounces till next resistance & order walls ( we have strong sell order wall on 14400 - 14700 zone ). - If BTC reject to break and get back into channel, It will lead BTC to bottom of channel... Also all of this pumps are for short-term, After USA presidential election. We might have some demonstration or worse like riot !!! 🔴 DO NOT TAKE ANY LEVERAGED POSITION NOW. Buy option for BTC ( if candle closes above channel ) : Entry : 14050 - 14100 $ Targets : 14400$ - 14700$ - 14900$ SL : 13650$ ( 3.5% )
by Helical_Trades
1
ALGO/USDT : another Convergence today BINANCE:ALGOUSDT Hello everyone😃 Here we a have a convergence on ALGO and a bullish crossover on Stochastic RSI ! Also MACD is being bullish, so retest on triangle resistance ( pink line ) is possible... By the way ALGO had a huge Convergence on RSI and chart but it wasn't into over sold zone ! Its good to wait for a confirmation, on my vision, ALGO will touch resistance and dump again cause ALGO is trending bearish flag right now. But everything is possible with this volatility on DOMINANCES... Attention : this is not a financial advise we just try to help people on their own vision. HAVE A GOOD DAY - Helical_Trades
by Helical_Trades
4
🏋️ 10 STEPS HOW TO DRAW TREND LINE IN 5 MINUTES [WRX — WazirX]Hello, have you familiar with 10 steps technic how to draw trend line in 5 minutes?! — I am not 😅 But in this 7 min video I explained how to make Simple TA for any asset using TradingView basic tools to understand where it goes. In this video: 1. How to draw trend line 2. Descending Wedge (Falling Wedge) 3. WazirX WRXBTC coin analysis, entries and targets. Previous WRX analysis and HOW TO MAKE TA in 10 min: Have fun, enjoy your trading This is Artem Crypto
WEducation
by ArShevelev
10
3 RULES WHALES DON'T WANT YOU TO KNOW BEFORE DAY TRADING BITCOINWelcome back everybody, Thanks for the 587 likes on my previous video. I hope i can help you out in this video as much as i possibly can as well. In this video, we have talked about 3 RULES THAT YOU NEED TO KNOW BEFORE DAY TRADING BITCOIN. The first rule is HAVING A TRADING PLAN . It is the most important one of all. If you don't have a plan, you will simply be eaten by Megalodons (Rational Investors/Traders). The plan must have trading setups (specific patterns on indicators or price/volume action, network data indicators such as Unique wallet addresses, or fundamental news like halving events, government policies). These setups will be your why to buy or sell. The trading plan should also have how much are you willing to risk and how you will manage this risk (stops/targets) This risk/reward ratio that you want to follow needs to be at least two. It can be smaller than two depending on what is your percent profitability with your trading setups. The second rule is OBEYING YOUR PLAN . You always need to obey the plan to completely remove any and all emotions. This is another important rule because we are all emotional beings. We need to make sure how we will completely remove our emotions while trading or investing. Are you going to meditate before you start trading and have a check list before you put any trades? Are you going go heavy on the coffee 5 days a week to be completely focused on your plan and take a 2 day tolerance break? Are you going to go for a hike every morning before the market open? Another important point with this rule is that "If you could find yourself another motivator other than money, you will be more successful." For me, i love to help people. I trade everyday to teach people, so that, they will NEVER experience the hard times that i have gone through when i first started trading. It might be something else for you, something that you can achieve with money. It should preferably be something you are really passionate about. The third rule is RE-ADJUSTING YOUR PLAN . No one knows what is going to happen tomorrow. If the plan is not working, then, re-adjust your plan. You need to figure out where your trading plan had failed you. Was it your setups that did not work more than 50% of the time? Was it the risk/reward ratio? Did you fail to obey your trading plan? Did you drink coffee 7 days a week to trade 13 hours a day and became too emotional? You really need to figure the missing part here, then, re-adjust your trading plan. I hope this was helpful and i really appreciate you all! [ Don't forget to drop a like if you enjoyed. ~Bo Megalodon Trading Enlightening the modern investors
BITSTAMP:BTCUSDEducation
by MegalodonTrading
Trading Divergences - An Alternate View for New TradersTrading divergences is a very common technical analysis strategy, but it comes with one big problem: the most common divergences (not hidden) trade against the trend. This means that new traders can often get into trouble by constantly looking for, and trading, against a dominant trend. Here's an idea to help you become more profitable over the long-term: identify divergences on your chosen momentum indicator, but only trade on trend continuation signals. I'm not saying you need to do this forever, as once you're experienced you can trade both pullbacks and continuations - but doing so requires multiple layers of confirmation, and a lot of knowledge/planning/experience. By trading trend continuation signals after divergences, you're stacking the odds in your favour by going with the dominant trend. You're also training your eye to see divergences, and seeing how the markets react to divergences. For new traders this can be a valuable lesson in the power of momentum in financial markets. So, what are trend continuation signals? It depends on your chosen momentum indicator, so I can only provide general ideas; you need to adapt things according to what you're using. My chart contains a custom momentum indicator, loosely based on the RSI. However, it's far smoother than the RSI, so I can reliably trade precise signals (e.g. for me, a cross of 0). On the RSI, you may choose something a bit further down the scale, for example, a cross below Oversold (20/30). If you're using a Stochastic indicator, you may trade a cross below Overbought (70/80). If you don't understand why I'm suggesting you trade signals at the opposite end of the scale for RSI and Stochastic, let me know. Hopefully this all makes sense, and remember that it's just an idea if you're a new trader and struggling to make good trades. Let me know if you have any queries. DD
Education
by DreamsDefined
4
Strategy Builder - What can we do with it ?Hi y'all After publishing this Strategy-Builder-Crypto-Single-Trend-Plots/ I got asked a lot of questions privately challenging me to showcase what a more advanced version can do (please see in this idea what it can do) I use a custom algorithm and that's the whole point of the tool. You can define yours and it will be truly YOURS. In this case, I added secondary signals to allow me to enter more often because it suits my psychology and capital and this configuration mixed with the m30 timeframe allows to : - only take trades with STRONG trends - I'm not interested in < 10% move with this algorithm - avoid many fakeouts due to low timeframes To give a bit more details, I'll trade only the diamond and the first or sometimes second triangle signal of a given bullish/bearish sequence. As explained here Strategy-Builder-Crypto-Single-Trend-Plots/ , if in front of a resistance/support, I'll define a pullback in the indicator and track the signal via alert (why staying in front of the charts seriously) Also I'll exit a position when a trend signal (those small red and blue labels) in the opposite direction will appear. This will invalidate a potential loosing position and will allow me to exit with a small loss Quick FAQ What is the winning rate ? Depends of your configuration and psychology. Even with the good signal, if you buy a resistance without analyzing, no indicator/bot/god will help Without being focused and rigourous, win rate is negative ... but with a bit of determination, you'll explode your own track record and will showcase to your contacts how great of a trader you are Is it time consuming to find a configuration ? YES quite a bit at the beginning but once done... it's done. In a few hours/days you'll get a first proper version See what I mean ? You won't have to monitor the charts too much anymore and track visually the convergence of all your indicators leaving completely exhausted/stressed at the end of the day You can even publish your signals to brag on Tradingview/Twitter/Facebook/Instagram/... Are there any other benefit(s) ? Well you're a bit greedy to ask me this friend but yes ... you'll understand after using it. You'll find configurations you wouldn't be able to think of without this tool It will help enhance your analysts skills and give you a new perspective... the perspective of ALGO TRADING Why did you make it ? I made it for me to trade cryptocurrencies and being using it for over 4 years. I optimized it constantly for the last 4 years (we should be at the version 376 on Tradingview now). I wanted to remove the noise from Twitter and be only focus on TA as I'm convinced that TA will tell you everything you'll need to know Some friends asked me to try it and now they're only trading with it because it freed them so much time. And they can create their algorithm for all assets class for all timeframes (scalping, intraday, swing) and matching their capital and psychology So... I'm sharing it with the community and hope you'll like it as much as my small community likes it Please shoot in the comments or in the indicator comments any question that you might have. For more personal question, shoot me a DM. I'll try to reply within a day Enjoy my dear apprentice algo traders Dave
BITSTAMP:BTCUSDEducation
by Daveatt
Bitcoin Short-term: Support and Resistance analysisHello, Artem is back! Here we are on XBT chart, it showing us two types of wedges: Ascending Wedge on the left with dark blue colors, and Descending Wedge on the right with red colors. Now we in a middle of descending wedge, rebounding from dynamic support *7600$ and going to resistance area of 0.618 Fib at around 8250$. Stochastic RSI already topped and looks like I will make lower high, while price will hit higher to 8250$ to complete local bearish divergence. So this will be our signal for rebound and reentry for longs I expect around 6800$ support level. If something will opposite to this idea we should be ready, so our bullish breakout should be supported by breaking out from 9000$ level. Bearish breakout should be supported by 6800$ breakdown. Good luck and feel free to share your ideas to make any contribution to this analysis.
BITMEX:XBT
by ArShevelev
6
Ethereum Ascending Triangle PatternRecently I looked trough the charts and I saw perfect ascending triangle developing on ETHUSD. This is important, commonly continuation pattern, but sometimes occurs in market "bottoms" and making reversal in trend. Usually bullish reversal happens with false break down below support line. Now we can only guess what this triangle will be — bullish or bearish. By the way, write in the comments what this triangle will be bullish or bearish? For short-term I am expecting rebound from support trend-line at 110-120$ area with targets near 135-150$.
BITFINEX:ETHUSD
by ArShevelev
4