Setup: Alice is at its all time low now and it just broke out of its mini consolidation phase. The macro downwards trend is downwards. Furthermore, Alice/BTC is painting a beautiful downwards trend as well, adding confirmation to the trade. Entry: 1.63 SL/TP: Trail using the SAR indicator
Setup: Step has consistently been making all time lows and recently, it broke its swing low again. In this sort of bearish market scenario, weak altcoins are going to get wrecked and Step seems to be one of them. To make things even sweeter, Step actually has a positive funding rate. This allows for us to get some additional yield on our shorts Entry: 0.0287 SL/...
Setup: Flux is at its all time low, constantly breaking down and forming new lows. In this risk-off environment, altcoins are likely going to trend even lower, making this an ideal trade to ride the downward trend Entry: 0.9266 SL: Trail using SAR or 1 ATR above 9 EMA TP: Trail using SAR or 1 ATR above 9 EMA
Setup: Ton has recently broken out of its range, and is now on a strong downward trend, constantly below its 9 EMA. For further confluence, all the spikes in the buying volume only leads to small green candles, suggesting that sellers are very much in control now. Therefore, we should jump on to the winning team. Entry: 0.9663 Trailing SL: 1 ATR above the...
Setup: In this bear market, the market is trending downwards and it is good to follow the trend. Thus, i am mainly shorting shit coins. Mngo is one of them. It has convincingly broke past its weekly support with great volume and is looking to target the next main liquidity zone at 0.04505 Entry: 0.4795 TP: 0.0445 Trailing SL: Trail using 1 Atr above the 9EMA
Setup: In these kind of relief rally, you are looking to long crypto that outperforms BTC and has broken out of its accumulation phase. FTM is one of them. it has broken out of its accumulation range for both its US and BTC pairing with volume supporting it. Entry: 0.29125 Trailing SL: Trial using the SAR indicator TP: 0.36
Setup: Boba is at its all time low. It got rejected off the 9 EMA and the high volume confirms this rejection. This give us a good entry point Entry: 0.2839 TP/SL: Trail using the SAR indictor
Setup: Ada is holding suprisingly strong in lieu of the vasil hard fork. It currently breaks above its POC, out of its mini consolidation phase, signaling a further upside Entry: 0.64 TP: 0.753 Trailing SL: Trail using previous candle low - 1 ATR
Setup: Maps has just broken down from its support, signaling a new trend to come. Entry: 0.2702 Trailing SL: 1 ATR above the 9 EMA( currently at 0.2925) TP: 0.1
Setup: BitDao is at its all time low and it just consolidate before breaking down, signaling a further downtrend to come. The volume and OBV low supports this fact as well. Entry: 0.627 Trailing SL/TP: use SAR indicator( currently at 0.668)
Setup: Ray has been on a consistent downtrend. It is following the 9EMA quite closely and now there is a big rejection off the 9 Ema, which the volume supports this. This adds further confluence to the trade. Entry: 0.899 Trailing SL: Use the Sar indicator( 0.9978 right now) TP: 0.5
Setup: EGLD has been ranging and has finally reacted off its POC and break down of its range. Entry: 82.035 Trailing SL: Use SAR( currently at 90.7) TP: 68( Take out previous yearly low liquidity)
Setup: Ray is on its current year low and it just broke out of its tight range, signifying a breakdown trade. The volume also confirms it. Entry: 0.9687 SL: 1.09( trail using SAR) TP: 0.51( and trail using SAR)
Setup: Kin has been consistently making all time lows and has been consolidating for a while before breaking down again. The increase in volume adds confluence to this trade. Entry: 0.00001327 TP/SL: Trail using the SAR indicator, which is now above the consolidation phase before breaking down
Setup: Jasmy is getting rejected off its POC, showing bearishness. Furthermore, looking at the 4h and daily chart, it shows confluence of JASMY on a downtrend, making this a good trade Entry: 0.01183 SL: Trail using SAR at 0.013815( also above recent swing high, adding confluence) TP: 0.0088
Setup: There is huge rejection off the POC in the 1h timeframe signified by the large volume candle. This looks real bearish for Perp. Furthermore, Perp is also on a long term downtrend, adding confluence to the trade. For extra confirmation, we will like to see it consolidate before breaking down. Entry: Breakdown trade( 1 ATR below the weekly lows) at...
Setup: Dot is bearish on both the 1 h and 4 h timeframe. It shows signs of constantly getting rejected by the POC which is confluent with the 50 EMA. Furthermore, it is currently ranging but the OBV is making a lower low, signifying a divergence. Entry: 10.096 SL: Trail using the SAR( currently at 11.486 which is above the POC) TP: 6
Setup: FXS has been consistently making all time low. It has consolidated before breaking down again, giving us a good entry. Entry: 8.2175 Exit: Trail using the SAR, which is coincidentally above the 20 EMA which FXS has not broken for quite a long time.