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DCA

DCA zone for AAVE This is another crypto that I think has some legs on it. $4 B mkt cap is not large, but not small. I could see it near $1000 in the foreseeable future. This projection is based on some patterns I've been noticing in a lot of charts, so I really want to see if it plays out that way as part of my chart studies. There's nothing technical in the chart that gives merit to the exact pattern I've drawn. I enjoy making my calls before confirmation, just for sport. The current correction isn't very deep so maybe it could drop further. Not a scalp trade imo. This is a nice place to DCA because it is riding the 50 day EMA. Decent longterm entry.
Long
by RickSmash
1
Bitcoin potential falling wedgeBitcoin could form a potential falling wedge. It could as well as break upside as each triangle breakout as it could range lower for the whole February month like in 2017. If it ranges between 27,000$ and 30,000$ for one month, it could finally touch the SMA 100 which is a crucial support in a Bitcoin bull market where it usually bounces back, recovers, forms a new trend and reach a new potential ATH. For traders this is a good period to Swing and/or Scalp and for holders to do a DCA and accumulate more bitcoins.
BITSTAMP:BTCUSD
by Nugacity_Fracedinous
2
Current SQ Owners....To current LONG SQ owners: SELL 20% of your position at 214/share, then sell another 50% (ie. 40%) at 238/share. Stay out and wait for a healthy (8-15%+) market pullback/correction to re-enter. (likely/maybe late late Feb - April 2021). SQ is hitting the ascending channel (blue lines) like a CHAMP! I'm so bullish. On the chart you'll see a rogue ascending red trend line, which started in late September 2018, and will be burdensome resistance for SQ mid to late Jan 2021, is my hunch. March 2021 SQ earnings may be the catalyst to raise SQ again, organically, after the market-wide pullback/correction, else, maybe June 2021. Seems like forever from now! BUY more SQ shares (Dollar-Cost Average): 1. anytime below 177.0/share, 2. after a market-wide correction (10%-20%), 3. SQ just correcting itself, say 15-20%. As it's done up the ascending channel thus far. There is suitable support at 170.7/share. Just follow the lime-green arrows everyone, I am. Cheers, Cryptmando Status: Dec 01, 2020 (not trading or investment advice, I just like numbers, and I'm a trendy guy ;) )
NYSE:SQLong
by Cryptmando
1
Bitcoin - DCA Guide (Dollar Cost Averaging)I've found that the Bollinger Bands that I use for investing in the stock market, also do work well for Bitcoin on the weekly chart. In addition to just regular dollar-cost-averaging (DCAing), you can also purchase BTCUSD aggressively when the RSI falls below 40 and/or price goes below the lower Bollinger Band. I do not however recommend taking profit at the upper Bollinger Band. This is because when Bitcoin again goes on it's raging-bull / moon-run rampage, it will disrespect both the upper Bollinger Band, and the RSI. This strategy is best used as a companion to regular DCA methodology. Note: Disregard the strategy performance chart below, as the Bollinger Robot is not tuned to buying crypto - so there are insufficient orders for the performance chart to show.
BITSTAMP:BTCUSDLong
by TsangYouJun
BTCUSD Trading Idea going into 2020Personal outlook - Not investment advice, serves as a note to keep track. This is focused on optimizing the process of dollar cost averaging into Bitcoin. The initial buy in (~15%) to be placed at the 50 week moving average expected in November. The second buy (~20%) to be placed at the long time support around 5900 which may coincide with the 200 week moving average coming up by January 2020. If this strong support breaks (unlikely) add %25 around 4500-5000 if the MACD is signaling a cross (April 2020). As this is now fairly well positioned for the long term, only add ~10% more whenever a correction above 25% occurs, preferably in August or November 2020. Closing Strategy: DAI
COINBASE:BTCUSDLong
by svg1996
Risk Management: Satefy Orders (Dollar Cost Average)I believe risk management is key, because sometimes, finding the perfect entry will not be enough. The market is what it is, and nobody can predict with 100% accuracy how the price will behave, even with all the great indicators we got out there. With that in mind, we should come prepared that the price will go against you, and we should take advantage of it, because most of the time it will bounce back up. This technique is especially useful in trading low timeframe also known as Scalping. The idea is to lower the inital entry order size , and split the remaining order size progressively through the safety orders as the price goes against you. This will make the total trade average entry - or break even - at a lower place than if you were simply trading the initial entry. That means the take profit will also be lower, because we can now take profit from the total order size/volume . Here is a simple example with a long: We buy in on the `LONG` label with 10% of our trade capital at around 9325$. Our take profit is 1.3% which makes a 9447$ target. But the price goes down, until it reaches our first safety order trigger line, at around 9231$. At this point we add 10% of our trade capital. It is the `DCA` label on chart. The break even line is now in the middle of the inital entry price and the safety order price, around 9275$. We still have our 1.3% take profit target, but it is now at 9396$ instead of 9325$. At last, the price bounces back up, as expected, and we take profit. Example with a short with 2 satefy orders: What are the risks? In the worst case scenario , which we know will happen at some point, the price does not go back up. It is important to know what are the risks so that we do no get liquidated or lose too much of our account. Let's dive into the numbers. We set up our strategy so that we have 3 satefy orders max, and the stop loss is on step below the last one. That makes 4 entries in total, and we decide to use 1% of our capital on each entry. Each step is seperated by 1% of the price to make things easier. When we hit stop loss, how many % do we lose? 1. On first safety order, price is down 1% and we traded 1%. That's 1% drawdown. 2. On second safety order, price is now down 2% for 1% of our order, and 1% for the other 1%. That is 1.5% drawdown. 3. Of the third safety order, we get 3% + 2 % + 1% = 6%/3 = 2% drawdown. 4. On stop loss, we get 4% + 3% + 2% + 1% = 10%/4 = 2.5% drawdown. => The price went down 4% but we only lost 2.5% of our inital capital. That is why we can say that safety orders reduce risk . /!\ Using leverage will multiply the risk. Using 2x we would have lost 5%. This can climb very fast, so be careful. One thing we can do when a stop loss is hit is to reverse our order, as most of the time our stop loss is hit because the trend is reversing. But again, be careful as it could cost you double.
BITMEX:BTCUSD.PEducation
by cyatophilum
5
CVC: The hidden gem with a dark sideCVC (Civic) is a hidden gem with a dark side. With a market cap of only 20.12 M, this coin has quite a good history of scalping, as well as being stuck in a sideways rutt for months. Its an interesting coin to trade simply because of its unique behavior, however, one must understand the risks involved. This coin has a low market cap, so additional care must be used while trading it. Also, the dynamics of such a coin do require a bit more of a budget to manage its unexpected drops. This type of coin is really a very good coin though, for a saving account paradigm (constant dollar cost averaging at fixed percentages or steps), with the proper budget. 100 leverls at 1% of a linear base level can result in consistent profits, but don't be complacent about your risk assessment.
Long
by RobertD7723
VWAGY (Volkswagen) - WeeklyShort term forecast for long term positioning Looking for a reversal within the coming month & eventual downwards trend towards the DCA zone Recent news: Volkswagen recently restarted operations amid concerns of actual demand within the global market. FA: From 2018 to 2019, Volkswagen saw a 20+% increase in yearly net operating earnings generating up to just over $16.9 billion. As a major player, the company is well positioned to adapt to future automotive trends, given they continue to embrace smart car innovations. Due to the current global environment and reasonably forecasting decreasing demand for vehicles for at least the short term, it wouldn't be a surprise to see price action return to the range between 10.65 - 14.51, this area may serve is a good opportunity for securing some longer term positions via DCA. Always DYOR & keep risk managed :) *Disclaimer: The above analysis is an expressed opinion only and should not be confused as professional financial, investment, trading or legal advice.
OTC:VWAGY
by MomentumTradeWA_Investor
LTCUSD - Still long on weeklyFrom my last idea about COINBASE:LTCUSD on the weekly: "Personally, I feel this a valid time to accumulate given the very bullish news around crypto and blockchain technology in general in the last few days. I plan to hold for a while as the ratio is very low vs. BTC , see: COINBASE:LTCBTC . I'm a very firm bull on COINBASE:BTCUSD but also believe that LTC is at a low ratio, and with great signals for a potential trend change vs.USD." This was while price was at around $58. Key takeaways now: Stochastic appears to be turning upwards while on a red candle. Means it is hard to push that indicator down at this time. Bounce from bottom BBand. MACD histogram getting really low, potential crossover still. Green 50 Week MA forecasted potential cross above Yellow 100 Week MA in about 6 weeks with current prices. I still feel like this is an excellent time to accumulate. Only thing I don't care for is the Stochastic RSI still heading downward, however this indicator is quick to move, so solid bullish movements will correct it quickly. DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB.
COINBASE:LTCUSDLong
by BigBitsIO
BTC bouncing, volatility rising, the good, the bad, the ugly?Dear fellow readers! Haha, this is what I actually do like so much about this market, yesterday bear, bear, bear, today bull, bull, bull, tomorrow bear again, nobody knows :D? Is this going to be the all awaited beginning of the bounce? Have we bottomed yet? If it pumps, will it hold the level? So many questions, but basically no clear answers. The only thing I can tell from the chart is, at the moment BTC currently seams to be consolidating forward, but for now BTC respected the green trend line starting with February’s pump. If you take the orange trend line, starting from the last years absolute low to the the beginning of this years January low, into consideration, it shows me, that there is further downside potential. Since that is also around the time, where this 48.5k BTC whale started selling. For now, the remaining 45.5k BTC (44k/1.2k/300) are still parked and have not moved, another 80 BTC have been sold and 100 BTC waiting to be sold. The 61.8% fib retracement seams to hold so far, but if you switch to the weekly and take also the RSI and MFI into consideration, this is indicating to me again, that there is room to the downside. In my personal view, I hope that BTC will further retrace to a level of around 4.5k EUR resp. 5k USD. In my opinion, this would be a proper and healthy retracement level, after this year’s insane pump, so I am waiting for the weekly BUY Signal flashing up, from the MFI+RSI Indicator I am using. As a conclusion, just DCA, wait and chill, you won’t become a millionaire over night anymore :D. Thanks for reading, If you are not conform with anything I write, just drop a comment and feel free to start a discussion, I do not want my readers to believe all I am writing is fixed on stone, I just try to have a view on the big picture and if I am maybe missing anything, I would be glad to take this piece of information also into consideration. Keep up educating yourself, take your finances in your own hand, short the bankers and long BTC! I will keep you updated regarding further research Cheers I'm not a professional market analyst nor am I a professional trader and this shall definitely not be of any financial advice. Do your own research and try to understand the fundamentals regarding any investment you take into consideration. The websites and projects “advertised” are not mine, nor am I in any marketing or affiliate relationship with them. Personally I am invested into this project, so of course I am biased, that is why I tell you to get educated and do not just put money in anything, because somebody on the internet is writing good about it, scrutinise critically and if you are more than confident, do whatever you want for your good.
Long
by markuso116
Generational buying opportunity of BTC?Dear fellow readers! The chart presented above represents my idea of the so called generational buying opportunity of BTC , which recently has come up in the news. I'm not a professional market analyst nor am I a professional trader and this shall definitely not be of any financial advice. Do your own research and try to understand the fundamentals regarding any investment you take into consideration. The websites and projects “advertised” are not mine, nor am I in any marketing or affiliate relationship with them. Personally I am invested into this project, so of course I am biased, that is why I tell you to get educated and do not just put money in anything, because somebody on the internet is writing good about it, scrutinise critically and if you are more than confident, do whatever you want for your good. Regarding the generational buying opportunity, in my opinion there is really not much to talk about, I believe if these or lower levels should be reached before the halving, the market has bleeded enough and finally washed out the weak, being cleansed and able to reach new highs. At least we hope so :D. Before I forget, as far as I know, CME or any futures contracts does not directly influence the price of BTC , it’s influencing it indirectly, because the institutions does not have to be invested into BTC . Okay, that’s downside enough, but it does not directly influence the price of BTC . I guess, the most powerful individuals are the miners. In case of some miners capitulating and dumping the market to upgrade their mining equipment, which by the way will be delivered between 1st and 10th of dec. I do have some concerns about the mining industry, recently I was watching a video on youtube concerning the mining industry. It’s a bit confusing, e.g. bitmain develops new miners, mines with them, develops one or even two new generations in parallel. The old generations are sold to mostly so lalala profitable miners, while bitmain mines with the new generations, while developing the next generations miners, selling the old used ones, is this even profitable enough. My guess is, it’s not profitable now, but if you are in this business long enough even semi-professional, you should have been able to accumulate a large enough amount for backup on your cold storage. Just keep calm, DCA and almost forget about it, this technology in my opinion is made to stay and will not vanish and that's why I guess mining is profitable enough, in case you own a decent sized operation, I do not mean people mining at home with a small rig, just to hope to get the reward by luck, which of course are very important for BTCs decentralized nature. Thanks for reading, If you are not conform with anything I write, just drop a comment and feel free to start a discussion, I do not want my readers to believe all I am writing is fixed on stone, I just try to have a view on the big picture and if I am maybe missing anything, I would be glad to take this piece of information also into consideration. Keep up educating yourself, take your finances in your own hand, short the bankers and long BTC! Cheers
BITSTAMP:BTCUSDLong
by markuso116
1
ETH is currently lost within it's bullish patterns (For now).Right now ETH looks like it's currently within the parameters of a falling wedge it's also broken down through many of the major support levels that is has created during the start of the bull-trend and has so far been treating the old support as resistance. The breaks of support had resulted in an over all dip of around 60% from 2019's all time highs but since then ETH has been in a short term up-trend and has been approaching the top of the wedge and can very well break out to the upside from here. But lets dig further into another possibility that can provide a much lower risk entry: I have 2 big reason here why i expect a reversal to the downside. 1. While the falling wedge is a bullish pattern we are still at the top of it and right underneath both diagonal and horizontal resistance it's high risk to enter right now therefore the only valid way to enter at these high lvls would be for a break of the resistance, but the resistance here is very strong and likelihood of breaking it is low right now but still worth looking out for. 2. Our short term up trend going into this resistance zone has been pretty nice price wise but if you check the MACD you will notice that we have been bearishly diverging on the 4HR chart upon every higher high we've made in this short-term uptrend signaling that the trend has not been very strong and that we might be in for a reversal soon.. With all that said I have laid out a chart that might show some areas of value where we may have a better chance at buying then holding for the long run. The purple zones are our S/R lvls that have yet turned to resistance The Fibonacci levels are a retrace from our Lows back in December to or Highs this year. And finally the harmonic over the price action in the middle of the wedge is a potential bullish shark where price might reverse. if the shark is valid price can reverse around the 149-144 dollar area marked in blue but lets say it doesn't reverse there. I believe that ETH has a major zone of support clusters between the 130-122 area in which it may be a good idea to DCA into a position at these levels. As far as an overall stop loss is concerned I'd say a convincing break down below the wedge would be a sufficient stop. The wedge is already quite matured and at this point we are far enough in that we could reverse at either of this support lvls which is why i suggest the DCA approach this time around and break below this wedge would take us to the 886 retracement which is confluent with a really strong support if we break the wedge and hit these levels i'd expect a violent rise back above the wedge . So as you can see thing look overall bullish for ETH but at the same time immediate price action is still uncertain but the charts are still providing us with enough information to make plans for both the Mid-term and Longer term price action.. I hope this helped some people out; good luck traders :p
COINBASE:ETHUSD
by RizeSenpai
How to interpret the results of my Dollar Cost Average indicatorGood morning to the US, Good afternoon to the EU, and Good night to ASIA This post has 2 purposes. 1) Showing you with the video below how to use my indicator Dollar-Cost-Average-Data-Window-Edition/ 2) Collect your likes and move up in the Pine scripters ranking (no shame) Let's start with the first goal here Here's a quick reminder of what's the Dollar Cost Average investment/trading method Dollar-Cost Averaging is a strategy that allows an investor to buy the same dollar amount of an investment on regular intervals. The purchases occur regardless of the asset's price. My Dollar Cost Average (DCA) indicator will analyse for the defined date range, how the DCA method would have performed vs investing all the hard earnt money at the beginning If you missed the video above, here's the link again Dollar-Cost-Average-Data-Window-Edition/ (Yes people ask me info that are on the description, screenshots, videos so please don't take it personally if I repeat myself a bit, trying to get my inbox empty by the end of day and receiving loads of questions already answered won't help :p) The DCA performance versus Your trading performance Full disclosure here before going further ..... it's not because a DCA methodology worked in the past that it's guaranteed to work in the future. Otherwise, trading will be too easy and we''ll be all multi-millionaires But as we say often that the "trend is your friend", dollar cost averaging on a bullish market in a daily/weekly/timeframe is often (but not always) a way to make a decent amount of money To be honest, most of my friends who dollar cost average are making much more than many of my traders friends who're staying hours per day in front of the chart. They take less trades but they're consistent with their method. DCA allows to reduce the stress of trading, the stress of chosing the right moment, the right news and the right crypto animal twitter accounts to follow. A day trader, is more likely to commit mistakes in my opinion. This is certainly not because you take more trades that you'll have a better performance and I hope my tool will highlight it for you. Taking more trades increase the risk of losing as each trade is an opportunity but also a risk and the higher the number of trades, the higher the risk is of losing your previous gains This educational post is not an invitation to DCA blindly and abandon your trading not all. Because if you do, I'll be unemployed... but a great way to introspect and think and ask yourself the good questions : - Am I outperforming a DCA method ? - If my personal performance is negative or way below the DCA, should I reallocate part of my trading capital into a DCA-oriented methodoogy ? The DCA humbled me a lot on assets that I was so sure to have a killer performance with my trading. It has been and still is a great trading lesson that I'm sharing with you today See you tomorrow for the strategy version of that indicator which will help you compare side to side your own strategy vs a DCA ____________________________________________________________ Feel free to hit the thumbs up as it shows me that I'm not doing this for nothing and will motivate to deliver more quality content in the future. - I'm an offically approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies Jump on a 1 to 1 coaching with me - You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python
BITSTAMP:BTCUSDEducation
by Daveatt
1