TheTradingBasics

TheTradingBasics

Took 13 daily bars to make you 35% ish and 13 days to take it all away. What does this tell us ? Take profit when you can. No matter how big or small. Pocket it , it's yours.

TheTradingBasics

2nd example of asset moving against cap. This one shows us nice momentum against the total market cap. Slowly but steady. Hope this makes sense. Posting this for many not paying attention to the bigger picture.

TheTradingBasics

As you can see, most assets are moving with the total market cap and sometimes tend to move against it. This one clearly illustrates the first scenario and should be traded accordingly. Will post another asset that move against the cap shorty.

TheTradingBasics

Eyes on this chart. The chart shows you total crypto cap excluding BTC and the orange line including BTC overlay. Roughly 20 billion left alts these last days. And we have quite a long way going down again. Keep this in mind when placing an order for your favorite asset. If there aren't any buyers there simply aren't any. Big money is patient and has time to...

TheTradingBasics Updated 

A reclaim of previous bottom would be awesome. Adding to my alerts. Ask yourself this, how cheap is cheap. Wait for market makers to make a move and check the books to see how much they are willing to pay. Don't be the one moving the market.

TheTradingBasics Updated 

shitcoin edition. Another low volume coin that should get delisted. Entering small position, stop previous pivot low. Upside around 15-18% .....

TheTradingBasics Updated 

Brace yourself for what is to come. After joy comes anxiety. Even for a brief moment in time. If there were an indicator to draw 2 simple trends i'd use it ..... something like Joy, Joy, Joy, pain , pain , pain , pain . It's all about testing people's strength. Many will ultimately sell with loss. But i hope this is all nonsense and we go to 20k

TheTradingBasics Updated 

let's wait and see if we can get a mini break on the 4h for some profit. alert set for candle close above trend.

TheTradingBasics

I love a challenge and this chart looks like a very very complex correction ( usually means next moves will be easier ) many love waves so if you ask me , this is bigger number 2... who am i to tell. Price action will soon let us know. Alert on trend break and volume

TheTradingBasics

nothing much to add to the obvious. Find an entry you are comfortable with set a stop and watch. Huge upside with all the vacuum to the left. But remember, whatever btc does will dictate what alts are doing. This sure looks promising, entered both pair USDT and BTC with little wider stops than usual. would start small and add along the way in case you aren't sold 100%

TheTradingBasics

And boy did it work out. Some bags are better left untouched no matter how big or small. with the right stop in place wonder do happen.

TheTradingBasics Updated 

broken down like most pairs. Waiting for extended sideway resting periods and reduced volume to try and spot accumulation. Next pair is just around the corner. Be cautious with your positions these days

TheTradingBasics

Alert set on trend and observing if we can put in a new low just above last major support. This will be a long time thing the coming days. Huge upside, will update when we have a clear picture.

TheTradingBasics Updated 

I know it's damn hard taking any position at the moment. With bitcoin doing it's spiel and the appearance of large whales leaving the markets. But i guess if we don't take risks we will not be able to win. For the latter there are Stops to keep us from making major mistake. Seeing double bottom bounce from key areas on HT , will observe the 4h close and take...

TheTradingBasics Updated 

send it down fast please. Time is of the essence.

TheTradingBasics

I do not believe in endless pumpos but i know people like CZ need to take profit at times. Just the beginning of an ongoing downtrend imo. Next couple of hours will either confirm this or show us a trend reversal. If you ever felt like it's a good time to limit your risk and get out. Now is probably a good time. Good luck

TheTradingBasics

When so much money is leaving the market you know what to do. Short what you can and wait for great buying opportunities.

TheTradingBasics Updated 

Update... I guess sky is the limit for this asset. Taking some profit here and waiting for daily close for further assessment.