#PYR/USDT#PYR
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 1.07.
We are experiencing a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.
We are heading for stability above the 100 Moving Average.
Entry price: 1.08
First target: 1.11
Second target: 1.14
Third target: 1.187
Pyramiding
#PYR/USDT#PYR
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 1.05, which acts as strong support from which the price can rebound.
Entry price: 1.18
First target: 1.27
Second target: 1.37
Third target: 1.48
#PYR/USDT#PYR
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 1.325
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 1.390
First target 1.464
Second target 1.529
Third target 1.615
#PYR/USDT#PYR
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 1.72
We have a downtrend on the RSI indicator that is about to be broken and retested, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.73
First target 1.80
Second target 1.85
Third target 1.19
Ready to launch upwards#PYR
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards
We have a bounce from the lower limit of the descending channel, this support is at a price of 2.44
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 2.52
First target 2.70
Second target 2.80
Third target 3.03
#PYR/USDR#PYR
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 3.30
Entry price 3.34
First target 3.40
Second target 3.50
Third target 3.60
#PYR/USDT#PYR
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of
2.70
Entry price 2.70
First target 2.85
Second target 3.01
Third target 3.18
#PYR/USDT#PYR
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of
2.28
Entry price 2.28
First target 2.39
Second target 2.50
Third target 2.61
#PYR/USDT#PYR
The price is moving in a bearish channel pattern on the 4-hour frame and sticking to it well
The price rebounded well from the lower border of the channel at the green support level of 3.80
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 4.00
The first goal is 4.45
Second goal 4.75
Third goal 5.28
#PYR/USDT#PYR
The price is moving in a triangle on the 12-hour frame and we have a support area in green at the 7.50 level
We have a higher stability moving average of 100
We have a good bounce being prepared from the lower border of the triangle once the downtrend is broken
The RSI indicator has a downtrend that is about to break higher
Entry price 7.93
First goal 9.53
Second goal 11.25
Third goal 13.00
PYRUSDT Strong Bullish!PYRUSDT Technical Analysis Update:
PYRUSDT has formed a channel pattern and has been ranging for the last 540 days. Once the price breaks out of this channel, we can expect a strong bullish momentum in PYR. we can anticipate a 100-300% upward move.
The PYRUSDT chart is similar to LINKUSDT, and recently, LINK's price went up more than 60% after a Channel breakout.
LINKUSDT Chart Below
Thanks
Hexa
Close to use Darvas's boxes trategyTechnically:
H4 big desc. candle, closed below the support line.
No correction above 5%
H1 shows us accumulation in a narrow range
Bearish pattern
There are empty zone below.
Green dash line is an next support.
Nicholas Darvas wrote his book after he understood that when the price follows the trend there should be possibillities to increae your position at local stops. It like a train, going fwd, and at the stations you can join the trip. Next station we expect at the 838 (supp.from the Hune 15, confirmed Jun, 30) We have to be very careful about increasing our sells and should see the confirmations from the chart. like low corrections, small bars approaching the level, close retests of the level. In this case it will be allowed to double your position with correction of SL.
Bearish moodDaily:
Down trend, target price ~5.80 (5.90). The pair is in the channel after descending, no bullish signs from higher TF.
H4:
After fast descending from the 9.00 the price stopped at local support (~7.9). Usually after fast movement the price need some time for the rest, new traders will come in. Everyone see the levels, everyone is putting their stops and market orders in one place. Therefore it is quite usual, when the price will breakthrough res|sup with further backward moving...
As of today, we have to wait short signals (bearish patterns) of the cahrt to go deeper. Meanwhile we may start* to sell close to ~8.0, with SL above and increase our short at 7.73, 7.50
*Do not expect from the market that it will go as you plan, be in focus on real situation here and now. Manage risks and turn-off emotions.
How Do You Build A Position With Pyramiding?As a trader, it’s a general rule of thumb that we should always be looking to maximise potential returns (per unit of risk) with each transaction. We should always be looking to squeeze as much out of the market as we can.
There are times when this can occur by simply letting the trade run its course. However, sometimes market conditions align perfectly for savvy traders to “press the trade” or Pyramiding into the trade.
Don’t press your luck; press the trade instead!
Attempting multiple entries in the direction of a trend is one strategy savvy traders use in an attempt to maximise return (otherwise known as Pyramiding). The problem with this tactic is that while it may increase the potential reward, having a larger position in the market also opens you up to more risk. As a trader, you need to find the perfect balance of pressing the trade while not pressing your luck.
There are a few ways to achieve this:
If the market is moving at a snail’s pace, and not much movement has been made from the initial entry, any additional entry should be minor. If, however, a decent distance has been travelled, a trailing stop will secure more profit, and any additional entry can be larger. In essence, any additional position sizes are partly dependent on the distance between the initial entry position to stop loss.
Ensure you have a strong driver that pushes prices along. Simply pressing trades at random is not good risk management.
Reduce risk on entry by only adding additional positions when the stop loss on the first position can be trailed.
Pick your battles carefully when Pyramiding
You may find that as time wears on, you’re left with a large portion (>2% of total equity) in a single trade. The tactic of adding exposure will generally make for a “short” pyramid, which typically won’t grow over 2.5% of overall equity. This Pyramiding tactic ensures you’re exposed to additional upside while minimising downside to a level with which you’re comfortable.
Here are a few things to be wary of:
Keep an eye out for drivers that influence market psychology: This is when momentum and volatility will be high, allowing you to pyramid into a move more easily. For the technical traders, you may prefer to avoid day-to-day shifts by taking in a broader market view.
Diversify: as with any investment, don’t place all your eggs in one basket. Diversification is key to keeping overall risk low.
Have strict risk limits in place: With 2.5% in one pyramid, another 2.5% in another – next thing you know, your overall portfolio heat is close to 10%. That’s a high amount of risk to carry around with you. Consider minimising position sizes of certain trades to reduce overall risk.
Consistency is key with position sizes: If your initial entry is $100k and your second is $300k, you’re off to a lousy start in building your pyramid.
Final Thoughts on Pyramiding
Remember always to start small and slowly. There’s no need to rush in. Experiment with pyramiding until you’re comfortable with your approach. Always remember the two key elements to consider:
Resist the temptation to take profit early when the opportunity arises. Sometimes it’s best to sit on an existing trade.
Be wary of adding to your trade at “worse” levels. Trends will always end at a certain point, so you don’t want to be pyramiding into an extended, ongoing trend. Look for new trends to pyramid in, which will reduce your overall risk.
Custom pyramid strategyHi all
I want to share a new approach I have been trying for the past year with great results.
Normally I would try to create a script that would create 100% trades, meaning that each emittet alert would sell 100% or buy 100%. I fell in love with the pyramid strategy because this keeps you in the market as much as possible but I was still missing something. In a standard pyramid strategy you would buy at several levels and then at some stage sell it all. And that works great in most situations but I saw several times that selling all could end up throwing you off the market at an early stage of a bull run. So I created my own custom pyramid strategy where the percentage of both sell and buy orders are based on volume and other indicators.
The percentage is calculated to be exponentially rising if orders of the same kind happens concurrently and then if an alert of an opposit order should emit then percentage of that order is calculated from the position in the major trend + the volume at the certain time.
This enables me to stay in the market and not miss out on major jumps. Granted that I might not have everything in the market at all time but I am never missing an opportunity. So I guess this is a matter of temper/risk at least. :) I prefer not having risked it all at once. How do you prefer to trade?
I have published a script to show the results from my findings (click the image below). This script shows how it works with BTC but it can be fitted to work with most of the major coins. It works best with the major coins because of the volume.
Capital Management - Pyramiding. Coin for pumping. Matic.Money Management Method - Pyramiding in action online on a pump coin. Matic / btc .
Big profits are minimal risk. Smart trading.
Stop Loss showed where to place and by what principle they move because all the zombies want to see them.
Stop Loss takes place when you are not in control of a position for a long time. But you must clearly understand where you should go when the price goes against you, and no retention of a losing position, in case, "what if the price comes back."
Always adhere to your strategy and plan, but at the same time, be flexible and have all the scenarios in advance. Be smarter for other market participants.
Matic / btc pyramiding in profit figures now:
1 entry point for $ 1000 + 177% $ 2700 (net $ 1700).
2 entry point for $ 1000 + 135% $ 2350 (net $ 1350).
3 entry point for $ 1000 + 90% $ 1900 (net $ 900).
4 entry point for $ 1000 + 35% $ 1350 (net $ 350).
The total profit at the moment from 4 entry points with a minimum risk of $ 4000 becomes $ 8350 (net $ 4300).
There is one thing, but the profit is much larger, as the trade was conducted in the accumulation channel with a price step of + 77%. Trading was carried out by 30% of the accumulated position, increasing it with complex%.
Trading in the channel will allow you to advance to a specific profit before the channel breakthrough. It will also help minimize its risks in case the uptrend support of the accumulation channel is broken down. As you would already be in profit from trading in the channel in 77% increments, at least cover Stop Loss loss. It is clear that the movement of 77% of the channel will not come out each time, like the entrance and exit when confirming the price reversal from support / resistance. But 30-40% can be obtained, but not always. This also needs to be understood.
Also no need to be afraid to buy at prices at a higher price. Sometimes buying at slightly higher prices is much safer than buying at the bottom, which may not be the bottom. The most important thing is the correct entry and exit point.
The entry point should be with a potential big profit and minimal risk.
What else does trading in the accumulation channel give you? You need to understand what could have been so (it is unlikely, but this should not be ruled out) that the price channel would have broken down and fixed under it. If you were “Waiting” like everyone else, it would mean a losing trade. And a loss in the amount of your Stop Loss according to your strategy. And if you have a big position, but not a lot of liquidity in a coin? As a rule, such coins are so, then there are situations when a breakthrough of support creates a panic-drain in the market, which goes to a large percentage of the price movement. Here, in this case, the extra earned profit up to the input amount helps.
Another addition in such coins in most cases is not possible to become short, therefore trading in two directions will not work. This must be understood in advance and taken into account in your trading strategy!
It is also important that someone thinks that he would just enter the breakout zone of the downtrend and take the same + 100% without these games and complexity. This is so if you have a small input, let's say $ 500-1,000 is not a problem, but if the amount is larger, this will cause difficulties to enter not noticeably and not provoke a premature price increase. You need to understand that at important pivot points you are not the only ones who want to enter the market, and in some coins the liquidity is low. And an entry instead of a step of + 2-3% can provoke a price increase of 10%. You can just trigger a panic buy.
Another option, for example, you bought 50% of the coins for the planned amount. Further you see that a further purchase will provoke an increase in the price by an unacceptable%. You can use your purchase to keep the price from rising and force other market participants to sell you and thereby gain the remaining 50% of the planned position. This works if you know how to work with a glass and a ribbon of sales and purchases, well hiding the actions made in advance. After all, you need to understand that not only hamsters are on the market, and there are traders who not only look at charts, and therefore are more informative in what is actually happening.
But all this only works in ordinary situations. At important points in the price reversal, your walls will be eaten up, you will give someone a gift allowing them to buy a large position without slipping the price. Just ask yourself a question, and you wouldn’t do it if someone gave you such a gift?
It is easier to work on TOP coins with this management method due to the greater liquidity and greater predictability of the price movement, but the profit there is many times smaller and more time-stretched.
Time is money. The liquidity of TOP coins allows you to work in large amounts, and there will always be enough liquidity for a short Stop Loss, which can not be said about pump coins. It is worth mentioning that you can work short on top coins if the price goes against you, therefore there is less risk due to greater plasticity for the trading instrument. But once again I’ll remind you the profit is much less, a long extended time interval and a small selection of trading tools.
I showed in more detail about this method of money management on TOP coins using the example of LTC / USD in these trading ideas:
EDUCATION Pyramiding How to earn 52000 with a risk of 5% from 10000 1part
EDUCATION Pyramiding money management. 2 part. Short LTC/USD
The trading idea for this coin for 13 11 2019 is before pumping and leaving the accumulation zone.
MATIC at the breakout zone of the downtrend Great growth potent
Pyramiding online on a coin for pumping. Matic. Smart trading. Money Management Method - Pyramiding in action online on a pump coin. Matic / btc.
Big profits are minimal risk.
Stop Loss showed where to place and by what principle they move because all the zombies want to see them.
Stop Loss takes place when you are not in control of a position for a long time. But you must clearly understand where you should go when the price goes against you, and no retention of a losing position, in case, "what if the price comes back."
Always adhere to your strategy and plan, but at the same time, be flexible and have all the scenarios in advance. Be smarter for other market participants.
Matic / btc pyramiding in profit figures now:
1 entry point for $ 1000 + 177% $ 2700 (net $ 1700).
2 entry point for $ 1000 + 135% $ 2350 (net $ 1350).
3 entry point for $ 1000 + 90% $ 1900 (net $ 900).
4 entry point for $ 1000 + 35% $ 1350 (net $ 350).
The total profit at the moment from 4 entry points with a minimum risk of $ 4000 becomes $ 8350 (net $ 4300).
There is one thing, but the profit is much larger, as the trade was conducted in the accumulation channel with a price step of + 77%. Trading was carried out by 30% of the accumulated position, increasing it with complex%.
Trading in the channel will allow you to advance to a specific profit before the channel breakthrough . It will also help minimize its risks in case the uptrend support of the accumulation channel is broken down . As you would already be in profit from trading in the channel in 77% increments, at least cover Stop Loss loss. It is clear that the movement of 77% of the channel will not come out each time, like the entrance and exit when confirming the price reversal from support / resistance. But 30-40% can be obtained, but not always. This also needs to be understood.
Also no need to be afraid to buy at prices at a higher price. Sometimes buying at slightly higher prices is much safer than buying at the bottom, which may not be the bottom. The most important thing is the correct entry and exit point.
The entry point should be with a potential big profit and minimal risk.
What else does trading in the accumulation channel give you? You need to understand what could have been so (it is unlikely, but this should not be ruled out) that the price channel would have broken down and fixed under it. If you were “Waiting” like everyone else, it would mean a losing trade. And a loss in the amount of your Stop Loss according to your strategy. And if you have a big position, but not a lot of liquidity in a coin? As a rule, such coins are so, then there are situations when a breakthrough of support creates a panic-drain in the market, which goes to a large percentage of the price movement. Here, in this case, the extra earned profit up to the input amount helps.
Another addition in such coins in most cases is not possible to become short, therefore trading in two directions will not work. This must be understood in advance and taken into account in your trading strategy!
It is also important that someone thinks that he would just enter the breakout zone of the downtrend and take the same + 100% without these games and complexity. This is so if you have a small input, let's say $ 500-1,000 is not a problem, but if the amount is larger, this will cause difficulties to enter not noticeably and not provoke a premature price increase. You need to understand that at important pivot points you are not the only ones who want to enter the market, and in some coins the liquidity is low. And an entry instead of a step of + 2-3% can provoke a price increase of 10%. You can just trigger a panic buy.
Another option, for example, you bought 50% of the coins for the planned amount. Further you see that a further purchase will provoke an increase in the price by an unacceptable%. You can use your purchase to keep the price from rising and force other market participants to sell you and thereby gain the remaining 50% of the planned position. This works if you know how to work with a glass and a ribbon of sales and purchases, well hiding the actions made in advance. After all, you need to understand that not only hamsters are on the market, and there are traders who not only look at charts, and therefore are more informative in what is actually happening.
But all this only works in ordinary situations. At important points in the price reversal, your walls will be eaten up, you will give someone a gift allowing them to buy a large position without slipping the price. Just ask yourself a question, and you wouldn’t do it if someone gave you such a gift?
It is easier to work on TOP coins with this management method due to the greater liquidity and greater predictability of the price movement, but the profit there is many times smaller and more time-stretched.
Time is money. The liquidity of TOP coins allows you to work in large amounts, and there will always be enough liquidity for a short Stop Loss, which can not be said about pump coins. It is worth mentioning that you can work short on top coins if the price goes against you, therefore there is less risk due to greater plasticity for the trading instrument. But once again I’ll remind you the profit is much less, a long extended time interval and a small selection of trading tools.
I showed in more detail about this method of money management on TOP coins using the example of LTC / USD in these trading ideas:
EDUCATION Pyramiding How to earn 52000 with a risk of 5% from 10000 1part
EDUCATION Pyramiding money management. 2 part. Short LTC/USD
The trading idea for this coin for 13 11 2019 is before pumping and leaving the accumulation zone.
MATIC at the breakout zone of the downtrend Great growth potent