Get started

Cryptofutures

Diving Into Levels and Supports: Key Indicators (Part 2)Hi friends, I decide continue our article about levels and supports and talk about indicators. My last post about it you can look at this link: Introducing the Smart Money Concept: 1) "Smart Money Concepts" (SMC) is a relatively new yet widely embraced term among price action traders. This strategy helps them navigate liquidity more accurately and pinpoint optimal points of interest in the market. By checking where institutional market participants have placed their orders (either buy or sell side liquidity), traders can make more informed decisions about their entries and exits based on price action. Moreover, the indicator comes with alerts to identify swing structures and other relevant conditions, further enhancing its functionality. You can check the indicator: Smart money - Lux algo. And here is the possible entry. First of all you need to check reaction of the liquidity levels and then decide how to trade! It could be JOC, BOS or just bar. If you want to look in more detail for it, I recommend you read more about this indicator on Tradingview. 2) Presenting our top selection of tools for identifying support and resistance levels: Bollinger Bands: This indicator created on volume-weighted moving averages. In scalping, the strategy typically involves buying at the lower boundary and selling at the upper boundary. This approach is effective during flat movements and also works well when dealing with strong volumes in large candlesticks. What is the volume level? It's a level with high volume of the session/day. For example: 3) The Fibonacci retracement is a favorite among many short-term traders because it's great at identifying possible support and resistance levels. With TradingView's Fib retracement, you can easily trace important Fibonacci ratios between any price high and low you want. It's or view of 4h chart. The first strategy named "volume bar". The trade rule is simple = buy on the near 0,5 - 0,8 level, sell on the top, and your stop loss should be under the volume candle that draw the chart. RR is up to 1k2 and more. All these indicators can be use in your trading, and there are a lot of strategies for each of them. For example, for Fibonacci, aftershocks are still popular. Bollinger bands can be use in scalping with liquidity or volume levels. I prefer fibo retracement and smart money concepts. What’s your favorite indicator? Write in the comment below! Have a nice day, folks!
Education
by Ingwina
How to search gems in the daytrading!Hello everyone! My friends have asked me to compile a list of actions we should take during a bull market, and that's what this post is about. Let's get started! First Criteria: First and foremost , I try to pick solid coins with a market cap of over 1M. I use the Binance Exchange screener. It enables me to track coin volatility over 24 hours. Next, I keep an eagle eye out for volatility and percentage growth in a day. A rise of more than 8% in percent in the day is optimal. The next step is identifying the day's level and breakout level. The day's level refers to the 12-hour candle level, and the breakout level is the nearest support/resistance level that had breached. These levels will serve as clusters to make further decisions about the coin. If I spot volatility, I set up the DCA bot to work with it. In the trend situations, I stick with DCA settings. I turn to the GRID bot in the flat market. For example. a short explanation of current situation of the SET:BCH News Analysis: Evaluate a coin's potential based on news fundamentals through Twitter and Coinmarketcal. If you plan to hold crypto for more than 24 hours, you need to do research. What news do I find interesting? New exchange listings, chain updates, forks, airdrops, and whether there's any significant news that might trigger a buying spree. Backtest :It is a feature that I use with Bitgsap, allowing me to test how the coin could have generated profit with the bot's settings. It's not a guaranteed future result, but it helps me estimate potential profitability while considering past trends. Hunting for hidden gems in the crypto world is a fun but risky adventure. Always conduct thorough research and be prepared for the ups and downs of the crypto market! In-Depth Research: One of the last types of research I perform is blockchain analysis, examining the product itself and the community. Here, I analyze various data points, including the project founders and investment funds which have invested early in the platforms. The strength of the project's community and how often they appear in mainstream crypto media. If I can fetch data on the number of large wallets holding the coin from the blockchain, I do that too to understand the strength of the coin's holders. For example you can use DefiLama, moralismoney, etherscan and etc That’s it. How do you analyze crypto in the market? What is your strategy at this period? Write in the commentary below. I will appreciate your subscription. See you, folks!
Education
by Ingwina
Market Maker Model on ETH Turns Out Super Bullish!Revisited the Price Action and identified a much clearer vision of Liquidity, Consolidation, and Direction. Somehow, Ethereum has been very very very precise in its price and as to where it is headed. This diagram shows the Market Maker Buy Model that happens in all timeframes. It cannot be more precise than this. Ethereum expected to reach as low as -$650, clearing liquidity and mitigating an old bullish OB. Enter back into its range, then the new trend begins. I hope this helps!
Long
by bl4ckoffee
1
ETH SHORT SCALP ASIAN RANGE HIGH TO PRICE ARRAYS BELOW AR50Day's Bias: Bullish Plot: Descending Channel formation pattern. Price expands in the Asian Session, price is expected to return close around it's 50%. Price Arrays below AR50 to enter longs. If I am right that we reached the top of Asian Range, price is going to mitigate price arrays on or below its 50%. Bounce off AR50 within London or NY Sessions will be explosive. Taking this Short Scalp and setup a Long right below AR50.
Short
by bl4ckoffee
1
ETH Long Scalp Setup OTE Asian Low - Re-EntryDay's Bias: Bullish Plot: - Re-Entered after price shows a long entry setup after taking out short-term low liquidity. - Setup model, Price takes out Asian Range Low by London Session to go higher and take out buy-side liquidity. - Price Consolidated right above unmitigated optimal long entry before London Session. - Asian Range cleanly sets up buy-side liquidity targets before NY Session ends. - Day's Bias based on candle stick analysis. - Price consolidates and shows strong willingness to seek higher prices after reaching OTE . - Highest target Previous Day's High.
Long
by bl4ckoffee
ETH Long Scalp Setup OTE Asian LowDay's Bias: Bullish Plot: - Setup model, Price takes out Asian Range Low by London Session to go higher and take out buy-side liquidity. - Price Consolidated right above unmitigated optimal long entry before London Session. - Asian Range cleanly sets up buy-side liquidity targets before NY Session ends. - Day's Bias based on candle stick analysis. - Price consolidates and shows strong willingness to seek higher prices after reaching OTE. - Highest target Previous Day's High.
Long
by bl4ckoffee
BITCOIN 15 MIN BREAKDOWNHELLO AGAIN TRADERS, HERE IS MY MORNING BREAKDOWN Currently I see three interesting levels for us, as I wrote yesterday evening again during the Asian session there was a bigger move which however caused the market to open itself. When I look at the overnight volumes there were substantial orders around $16560 from where bitcoin fell, its first stop was around $16419 and then made a short term bottom around $16100 - $16175. Then the last orders where I see a support zone are at $15800. In between these zones as I marked in the chart on the right you can see that there is a gap of trading volume so Bitcoin just flew through there last night but the markets tend to fill these gaps back in and take orders from the top where there is liquidity. Therefore, I would say today we will go back to the $16419 level and that is where we will decide if we have made a bottom for a short-term uptrend in December at where we are currently or from $16419 to $16560 we will go into a short again. There will be very little volume in the London session at the moment, I can only go long when we get back to $16160 - $16180 from there we will bounce towards the last volume at $16419 and above, although the dollar fell on the London opening and Bitcoin didn't get much traction.
Long
by Crypto-Frantisek
5
🚀 Get Back to Work Party People!💥Hello! I am enTHUZed from TradingView. Some may say I have a split personality between a fulltime crypto futures trader & educationally focused content creator. I teach a unique trading system called the Strength Trading System where we employ max cross margin leverage with proper position sizing to manage one’s average price while we often trading in both directions. When deployed properly this system yields the highest win rate compared to all trading systems. 👉Stream schedule: As I am available from my busy schedule. *️⃣DISCLAIMER: I do NOT offer financial advice. I am not a financial advisor. The content is for educational purposes only. YOU are responsible for your own investment decisions.
INDEX:BTCUSD
by enTHUZed
2
ETH Long Scalp Asian Range ImplementationDay's Bias: Neutral Bullish Plot: Previously, price made an explosive move up for more than a week. Recently is an LTF reversal move towards numerous gaps on lower prices and utilizing fibonacci we're expecting lower prices soon if this would really come out as a retracement. Asian Range Implementation of its levels in confluence to Time (London Open or London & NY Overlap) plus Price Arrays of Value. Price takes out the huge gap on the strong downward move in previous day's price action forming the Asian Price Range. Asian Price Range Levels to watch in this scenario are the Asian Range 50% with any Price Array of Value or Asian Range High as a retracement upwards. In this scenario I found a GAP to return to as a Price Array of Value for price to continue going to higher prices. Price may just continue consolidating and go sideways as a possibility in today's trading. Targets can be the Asian Range High or the FVG right above it to take out Buy Side Liquidity before a downward move continuation towards an HTF Price Array of Value completing the retracement.
Long
by bl4ckoffee