ETHUSD had a nice rally, we hit the diamond on W1, time for a little correction. Buy shorts now, between 228 and 231.30 Be careful around the S/R on 223.80. If the price goes below 223.80 it might be a great setup for a pyramid of short positions Leverage x50 RR > 10:1 Target: 190.75 SL: 231.50 Happy trading
Another setup for a Short Trade on XBTUSD We are still in a correction of the recent bullrun. Entry: 11447 TP1: 10725 TP2: 9983 TP3: 9387 SL: 12138
Im bearish on the XBT Nice correction from almost 14k, time for a temporary trend change. A bounce from the 50% fibo, good sign we are going down. Last few months this overbalance method was very profitable Buy: 11915 TP1: 11591 TP2: 11064 TP3: 10301 SL: 12435
Im trading out a new method called overbalance aka correction 1:1 The idea is simple - during a swing You find the largest correction and highlight it with a square. Next step is to fit that square so the top line is on the HH of the current trend. You take the position on the lower end of the square (green thumb up) and set TP just slighty above the current...
Think like a whale - trade like a whale. After dropping to 3.5k $ we had a little retrace up to $4400. A double bottom has been formed and You what that means? A lot of traders put their SL on that $3.5k Now what do You do to take their money? Dump it! I presume there will be an attempt to reach w newer low to get those SL's. It might not happen today or tommorow,...
XBTUSD went down to 4190 where we found a support for the moment. There was no big retracement, so I presume one might happen in the upcoming days. Im playing long for a retrace. This a counter-trend trade, so SL is mandatory! Remember, at any given moment anything can happen, the price is never too low nor too high. Max leverage recommended: 1:10, ideally 1:5....
What a weekend! After a beautiful inverse bart formation the price is once again getting closer to the big down trend line. Remember we are still in a down trend! Stoch RSI high, time to make some money. Im playing short. Buy 6440-6460 Sell 6301 or move SL to 6370 after it reaches 6305 (it might dump to 6000-5800) Stop Loss 6502 R/R - 3
We had a huge dump yesterday on BTC, on Bitmex it dropped to 6005 If You had some open long positions around 6010 or played short yesterday - lucky for You :) The trend line did however hold and the price went back above it - this is a good sign. After such a big dump a retrace is very likely, BTC might go up to 6390 and that is my target. Buy Long now...
Bitcoin is very stable lately. I think this wont last and since we are still in a down trend we might go down to test the trend line. ENTRY: 6560-6580 TP: 6501 SL : 6601 R/R: 2.91
Start 01.09 End 30.09 End result: 283% of the original depo. Developed Strategy so far: Chart + Fibo + trend lines / channels + Stoch RSI Determining the scenario on H1, then searching for an entry point on M5 5% depo in a trade if it looks good 10% depo in a trade if I feel in my bones that it will go in the specific direction. Martingale only once for...
The king is getting closer to the end of the triangle of death. What will happen next? Breaking the upper resistance will surely cause a pump straight to the moon with resistances marked on the chart. If we break the support the situation might get a little more complicated and we might go down badly. If we break this support it will turn into a resistance and we...
Bitcoin -3.25% stopped falling down on the 0.618 level from the small rally on 1D from 19.09 to 25.09 It has also been stopped by the trend line which the BTC -3.25% seems to react to. I'm playing long. 10% depo , 1:50 leverage P/L = 3.11 Im moving my SL on fibo levels. Buy 6310-6350 Sell 6515 Stop Loss 6295