deanbyronbay

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BCash has printed a strong daily candle - buy signal. High volume and a close above my count back line (green line) Count back line is drawn by finding the lowest candle and counting back 2 significant days and drawing a line to the right from the height of 3rd candle. Use the base of the breakout day candle as the stop loss. Adjust stop up as trade progresses.

deanbyronbay

I have been following SAN since it listed on Bitfinex exchange, waiting for buy signals. An earlier signal was generated when daily candles crossed my count back line (green line) A second chance entry signal has printed today if you haven't already entered or a pyramid signal for active trades. The signals are the volume increase being the greatest volume in 7...

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Trade is progressing as expected - if somewhat slower than anticipated.. Patiently still waiting for ETH to enter my buy zone 240 to 270 area. A break below trendline into the top of buy zone is now retracing to pivot area - could go either way. Buy signal - and upward move out of my buy zone - is a close on the 4 hour chart candles above the intersecting trend...

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buy zones 3600 3200 3000 1800

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using the 4 hour count back line and daily candle count back line we can identify buy zones and support areas on a runaway chart

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ZECUSD - recent pullback appears to have found a base and down trend has ended. Using count back line analysis - find the new low Then count back 2 significant days and draw a green line to the right handside When a daily candle closes above this line - that is the buy signal. Stop loss placement redline is the low of the day that pierced the green line. Adjust...

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A fall from lofty heights has found a base and built support to begin a new up trend?

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How do we enter a runaway trade without buying at the top just before a reversal? Where is a sensible entry point? OMGUSD has popped and feels like the trade that got away before I entered. (see chart below posted when I placed OMG on my buy list) Looking at the 4 hourly chart ( I prefer to use mainly daily and 4 hour charts - any shorter time frame is too...

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Recently listed tokens can make good trading candidates. Everything you need to know is printing on the daily charts. A low was formed and two previous days were counted backwards to enable green line to be drawn to the right hand side. This is count back line analysis being used to identify a buy signal. A buy signal is a close of the daily candle above the...

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trade active and stop being moved up each time a new high is made. planning on staying in trade as long as possible - until price closes below stop loss count back line - purple

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Currently short ETHUSD - 4 hour chart. Looking at buy zone to close and flip to long trade

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Waiting for breakout day - our patience has paid off. Using the previous days low as the stop. Let's see how the trade develops. Next resistance is at 240 but may be only a temporary obstacle.

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DASH chart is shows support at 115, 150 and 170. Triangle pattern is forming = buy at base of triangle near 170 or breakout above 220. An entry here would use 170 as stop level. Prefer to wait and buy on breakout if it eventuates.

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To adjust the stop loss - we wait until a new high forms. 1/ Find the new high candle 2/ Count back 2 days candles 3/ From this 3rd candles' base draw your new stop loss level. You have now locked in your profit. Rinse and repeat each new high or until you get stopped out.

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We entered this trade from an earlier post that identified it as a likely I.C.O. recently listed candidtate to enter long after it made a new low on the daily chart and began an uptrend. The signal was a close on the daily charts above the green line. The question now is - How do I stay in the trade as long as possible to make the max profit? We used C.B.L. -...

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Recent ICOs can be good trading candidates. I use - count back line analysis (nod to Daryl Guppy) Useful when new listings initially flounder or drift to test new lows. Note the low daily candle and count back 2 significant candles. Then draw a line to the right handside (green) Use this marker to offer a buy signal when price moves above line. Confirmation is a...

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EOS is still minting millions of new coins every day at the moment. How do you trade an issue already valued at $1Billion+ (counting all 1billion coins trickling out) - The answer is all in the price. Using count back analysis can be helpful to give entry and exit signals when little else is known other than price. Step 1 - find the lowest candle Step 2 -...

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OMGUSD buy zone