ATOM/BTC Everything is shown and painted on the graph. On the chart, the main trend of this cryptocurrency. This coin of the second group is suitable for accumulating large positions. This technological solution has great potential, especially when ETH goes green, then a small ATOM will turn into a big COSMOS. Accumulation is an increase in the number of coins (output to profit) through trading and working with a complex%, and not by the "hamster" method of re-buying at the expense of new funds.
An example of work for less experienced traders with small deposits.
1) 60-70% in work in the main direction. Increases the "working volume body" due to the complex% summation of transactions. Your working amount will grow steadily.
a) From each purchase from the bottom of the channel, 10% -30% coins to the upper orders or wallet. b) From each sale near the resistance of the channel, transfer 10% -30% of money (BTC, USDT) into an "safety cushion".
It is worth noting that if you are sure that there will be an exit from the channel in the near future, the percentage in the upper orders is higher, if you are more inclined to the fact that the accumulation will continue, then it will be lower. This is logical.
In this way, you accumulate coins and at the same time increase the part of the position (coins) that is not involved in the work, as well as the "airbag" itself (money).
"Safety cushion" (accumulation of money) initially 10-30% in money. In this example, BTC acts like money (its price against the dollar shouldn't bother you too much). Additional profit from working with compound interest at a distance of several local trends more than covers all fluctuations in the price of BTC. While these fluctuations can be exploited, inexperienced traders are better off not complicating their work. An easier way is to work in the same way with alt / dollar pairs.
PS. For experienced traders. All the same + partial or full influence on the price. As the position grows, your potential influence on the price will also grow, it is rational to help the price move in a local direction favorable to you.
When increasing a position, consider the liquidity of the instrument. Remember that when the coin is pumped, it decreases several times, therefore, the probability of entering the market at reasonable prices without falling prices will not be possible. Hence, adequate position sizing matters.
If you are more experienced and play the "trading games", you should under no circumstances work against the general direction of the market. This is irrational and unprofitable. The market is pouring - take this chance. Use panic to your advantage. Market down - load the glass from above, unload from the bottom. Market growth is a mirror image.
Also remember that your large orders controlling price movements should always be protected by small orders given the liquidity and volatility of the instrument.
Make fake sets and dumps to guide the price and draw charts where it is rational, the volume should be adequate. It makes no sense to draw a large volume at a narrow price value on a small liquid instrument. There are people who have not yet forgotten how to think and adequately analyze the "imprint of actions on the chart." Do it wisely and remember to follow the beautiful realistic buying / selling history during this action.
Also, you should always remember. If you are earning too much compared to other market participants, it is very likely that you will run into problems up to the banning of your account (the name of the exchange does not matter). The less liquid the exchange is, the less the “critical amount” of earnings, and vice versa. Exchanges greet those who are losing money and are unhappy with those who are making money. This does not apply to small amounts, but if you multiply a large amount several times in a short period of time, you are likely to run into problems. Therefore, if the trade is going very well, do not forget to withdraw profits.
Below I have attached all my trading and training / trading ideas for almost 2 years.
Pump your mind and improve your experience - it will reward you.
Note
There is a breakdown of the downtrend in the horizontal channel. Please note that since the publication of the idea on 6 06 21, the price after 17 days exactly at the specified time (date) fell to the price values of 2702, Time and price values were indicated by an arrow. -30% (23 06 21 = 2702). From this level, the reversal of the local trend at the moment is + 40% or + 19.21% with a breakdown of the downtrend (level 3169)
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further work in the channel in the sideways direction with the step of the inner channel 40%. Outer 100%
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+70% Further development of the local uptrend in the channel zone, after the rollback to the level 39 (green channel center) - rollback and resumption of the upward movement. The price reached the resistance level of the channel 5453 (yellow). Pivot zones on the chart.
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ATOM/BTC Over +120% from the bottom of the inner channel. Impulse +35% from the support zone of the local uptrend (green trendline) Price near the resistance zone of the large channel
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+77% of the dynamic support reversal zone. There is a breakdown of the downtrend of the main trend (red). Important level zones marked with arrows. From the level of 2702 about +200%, from the confirmation of the double bottom (confirmation of the secondary trend reversal) +150%
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+272% Price reached 10182
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+117% c cup resistance zone 10182
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The pair to bitcoin. From the level of 10182 trend reversal and development of the secondary downtrend (purple line). The price reached the dynamic (green) support of the ascending channel (from January 9, 2021) and also entered the mirror support zone (resistance zone) of the big sidewall.
At the moment, an important zone from which the direction of the trend is decided.
Positive—the zone is held, and an upward triangle is drawn in the channel and broken upwards. Negative—the channel is broken and the trend reverses. The price reaches the lower zone of a large sidewall.
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from the reversal zone (yellow level 63.19) -49%. From the safe entrance zone (level 4727) -31%. The price has now reached the support zone of the internal channel (liquidity) 3234. Rebound. Work in a horizontal channel, pay attention to how prices previously fell before reversals.
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The price has reached the channel resistance zone +85%
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