Get started

Daytrade

BTCUSD shortThis is a classic Primed example of a trend short trade. By looking at the recent history of BTC movement we have seen the ATR go to historical highs (based on our settings) which would classify a trend start, currently, the ATR is stuck in almost a straight line, confirming that we should be in a downtrend at least for now. The rest of the system indicates that we should sell, price is at the 2nd layer of the fibs and showing good resistance so far with the RSI at its highs. The overall price action move is bearish, lower lows, lower highs. We might take profit earlier, at 123.6 or 138.2, we might also compound the trade. Wishing you all luck!
BITSTAMP:BTCUSDShort
by PrimedGroup
A Nice Clear Chance to Ride the Channel The market has been moving in a very nice way in the long run particularly in the rising wedge pattern. It made a new high recently and there is a high probability that it will travel down for some time now, my personal taste says 76.5 at least. A chance to take short ASAP as soon as the market opens because a resistance has been formed and this is a nice entry to travel the down move. Never risk more than 0.5% risk on the trade, let the risk to reward do its job.
Short
by VeerForex12
2
Day Trade On BNB With 14% ProfitIf the price falls back to around the $298 area, it should bounce back to around $330, which was a previous larger scale Support/Resistance. The $298 (green line) was obtained from a shorter time scale (15 minutes). Also based on what happened in the past (look at the bounces of the green line a few days ago), this is an opportunity to make a short-term profit. These values also get some support from the Fibonacci Retracement. You can switch to the bar chart and check fluctuations beyond the close price, and place your buys below $298 and sells above $330. I wouldn't be too greedy on the sell price if you're looking at this as a day trade. Please note that the overall trend is still down, and I do believe that we will reach lower prices (in the area of $200's).
BShort
by UnknownUnicorn20854346
High Risk Quick Short SetupThis is a high-risk setup, proceed with caution. A conservative trader would wait for a retest before placing a buy order but in order to buy we wait for a dip - that is what we are doing, travelling the dip. It may dip or continue up without a dip, but it's a good chance it will. The price is respecting the supply line multiple times earlier, not much juice left but still a good sell for high risk setup. Only 0.5% risk per trade, minimize risk by putting stop loss to entry at 1.5 RR.
Short
by VeerForex12
TRX (WAIT FOR CONFIRMATION PLEASE)Hello.😃 I am looking to gain support here at current point after we have possibly bounced off of our blue trend line once again. Alternative is that we fall down most likely to the red line on chart (IMO.) This is a short technical approach analysis thank you. BTC dominance in the market is sitting at 41% today, this is very low. This means that money is moving out of BTC but not out of the market. TRX and BTC are very correlational so let's wait before investing in either of these in my opinion. This analysis is for reference in the event that we turn bull market. I would definitely not place a buy order until we see price action hovering more in the 0.136 zone and gaining some support there. Next couple hours is really moment of truth for TRX and BTC let's be patient with this! 🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you! Always have a stop loss ✋🛑💲 set Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. Jazerbay
by jazerbay
13
Algorand Channel Identified? 👀👀👀Over the last few days I’ve been watching Algorand. Of the alt-coins out there, this is definitely one of the most promising projects you should be watching. Pure Proof of Stake rewards is a great factor to buy and hold - especially if you are utilizing the Coinbase app where a poor entry can still be profitable if you hold for an extended amount of time. More specifically to this chart, if you are an aspiring crypto day trader, this coin presents a comparatively safe bet versus other similar coins such as Cosmos (ATOM) and Tezos (XTZ). A good entry appears to be at between 1.20-1.30, with upsides regularly returning to 1.50 and even up to 1.70 if you are patient. The next few weeks may shake out a new trend, especially with Algorand’s ‘Carbon Neutral’ sentiment, where in a Post Tesla/Bitcoin split market we may see Pure proof of stake (PPoS) based currencies take over energy drainer PoW coins such as Bitcoin (BTC).
COINBASE:ALGOUSDLong
by IbexiSterlinfa
MATIC-USDT(Possible shooting star bull candles and Fundamentals)🌟⭐🌟 Depicted above 💹, we have MATIC on a 4 hour chart, MA cross gap is pretty big at the moment which is a bullish sign🐮, we also see our possible shooting star candles 😁⭐ Keep in mind it is possible we do a nice little correction ↘🤏🐻, before more blast-off.😄😅🏁🚀 FUNDAMENTAL OVERVIEW : 🧐💭📝⏬⏬ Polygon(Matic) is a very successful 2-layer scalability engine, which has been around since 2017💲🎉 Layer2️⃣ scalability allows for gas prices💲🚓on Marketplaces like OpenSea (one of the largest markets for NFTs🉑, Dapps🕹🎮, etc., which runs on POLYGON network,) to be little🤏 to none🚓😄 Polygon is now even getting it's cut out of UNISWAP🦄 V3 positions on OpenSea, where in the past 7 days UNISWAP V3 positions have moved up 2,060% to it's 25th place position of top NFTs sold on OpenSea.👇 Wow that is ironic, MATIC and UNISWAP are competitors in a sense. Not to mention, SUSHISWAP🍣 (successful reinvention of UNISWAP🦄,) is now available on MATIC network (as of about 2 months ago 🕘📆📌) 😊 😀👋👋 Here is more good news 😄😁🔽📰📰: The MATIC network just came out with QuickDuck🦆 ( a Network yield optimizer,) which uses a compounding farming strategy.. what does this mean ? 🥱🤔⏩⏩⏩ Let's take a look 🧐🔍⏬⏬: Users who invest on the POLYGON(MATIC) network, will soon be able to invest into the 100 and some QuickDuck🦆farming pools🟦 that the Network plans to release. QuickDuck🦆 technology is coming out this Sunday📌📆. ⏩⏩ (investors on the QuickSwap, SushiSwap🍣 and Cometh exchanges will earn more money through compounding interest, etc...) This is an upgrade no doubt for the POLYGON network👌🆗, which previous to QuickDuck🕘🦆, investors could only withhold profit rather than just reinvesting the profits earned (compounding.)👍 This chart is just for fun⭐ and I believe MATIC will increase in price long-term🆙🆗. Networks like POLYGON are a good alternative to save on crazy GAS fees🚓💲 on overclocked networks like ETH.👌 ✅🆒💗🔍📈 If you enjoy more technical approach rather than fundamental✌💹⏬⏬: Take a look at MATIC chart WEEKLY on a logarithmic scale. It paints a pretty bullish picture 🐮🌄, if history is to repeat itself. If we maintain bullish momentum, I will post an update with more (possible) accurate targets short-term! 😀 🛑🛑🛑This is never financial advice🛑🛑🛑 I always recommend looking at multiple charts when making a big investment, thank you! Always have a stop loss ✋🛑💲 set Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. Thank you so much!!! Jazerbay 🐶
MLong
by jazerbay
10
GBPUSD - Daytrade by Keltner - Stochastic & ADX 12 Thu 2021- Higher High for Uptrend. * Take advantage of the 59% success rate of order 1 to enter position 2 with a higher Risk / reward ratio, - Command 1: risk / reward 1/1. 59% success percentage. - Order 2: risk / reward: 1 / 1.5 If you use Fibonacci retracement, it is 0.6 or 60%. Percent success 51.5%. - Number of consecutive wins in the past: 9. - Number of consecutive losses in the past: 6. So to avoid psychological influence, choose risk = 1% x6 = 6% for 1 trading signal. Currently, the Bot assumes 2% (orders 1: 1%, orders 2: 1%) ------- Max risk: 2%. 1. Trend identification: ... Keltner: Price through Upper1 / Lower 1 gives 1 point. ...... Uptrend: If price crosses above the close on Upper 1. ...... Downtrend: If the price goes down once, closes below the 1st line. ... Stochastic: ..... d> 67 for Buy, d <16 for Sell ... ADX: 30 indicates strong trend. ...... ADX smooth: 7. ...... DI length: 7. 2. Entry point: ... Buy (BUY): When k cut up D in an uptrend, when D> 67. ... Sell (SELL): When k cuts D in a downtrend, when D <16.
Long
by dinhchien