Get started

Tradingstrategies

DOT - Open short after breaking out the supportBYBIT:DOTUSDT 4H trend chart - DOT just broke out uptrend line which is supporting price. Now, we can sell it with trading strategy as below. - Profit Targets: a) 15.99----Fib(1) b) 15.025~14.630----Fib(1.272~1.382) Stop losses: a) 18.705-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
by EthanTW
1
DOT - Entry for longBYBIT:DOTUSDT 4H trend chart Last idea about short DOT is closed(hit SL). Now, we can see it is going to form a double bottom on 4H. There are 2 timing we can take entry as I mark on chart, and trading strategy as below. - Profit Targets: a) 19.445~19.740----Fib(1.272~1.382) b) 20.060----Fib(1.5) c) 21.420----Fib(2) Stop losses: a) 17.045-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
by EthanTW
ALGO/USDT by CryptoTradersWWThis morning, I'm attempting to discover some longer-term opportunities. Algo/USDT is one of the coins that is close to historical support. The price is currently testing $0.67 for the fourth time, but no meaningful reaction has yet to be seen. The zone between $0.50 and $0.56 is another level | am interested in for a long time. There is ascending trendline support as well as many levels of confluence in this area. I've activated my alerts! <----------------------------> ☑️ Follow, Comment & Like ☑️ Create a civil and healty discuss in the comments and share with me your thoughts Thanks and Happy Trading!
by CryptoTradersWW
LUNA - Long and Short with these 2 scenariosBYBIT:LUNAUSDT 1H trend chart - LUNA is consolidating as a possible cup and handle on 1H. Also, it could be a double top as well. So we can long or short it depend on the direction it goes in near future. And judge the timing with downtrend line(for long) and uptrend line(for short). 2 Trading strategies as below. - Open Long Profit Targets: a) 104.495----Fib(1) b) 107.825~109.175----Fib(1.272~1.382) c) 112.060----Fib(1.618) Stop losses: a) 95.250----Red horizontal ray - Open Short Profit Targets: a) 92.250----Fib(1) b) 88.855~87.480----Fib(1.272~1.382) c) 84.535----Fib(1.618) Stop losses: a) 104.495----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
by EthanTW
3
BTC/USD - UpdateFollowing up on yesterday's report, the resistance at $39K was simply breached, despite the fact that it had previously been tapped. The price is currently encountering resistance. $42K is a key support and resistance level for several support and resistance flips. If the price breaks through this level, it may test the $44300 daily barrier and maybe the upper trendline. When we approach the larger symmetrical triangle pattern, proce makes the bigger transaction. <----------------------------> ☑️ Follow, Comment & Like ☑️ Create a civil and healty discuss in the comments and share with me your thoughts Thanks and Happy Trading!
BITFINEX:BTCUSD
by CryptoTradersWW
ETH - Buy it after this scenario showedBYBIT:ETHUSDT 1H trend chart - ETH is forming an inverse head and shoulders pattern on 1H. And there is a downtrend line giving resistance for price. If price can overcome the downtrend line, we can open long and follow trading strategy as below. - Profit Targets: a) 2647.3----Fib(1) b) 2702.95~2725.45----Fib(1.272~1.382) c) 2749.6----Fib(1.5) Stop losses: a) 2524.45----Red horizontal ray - Surely, I shared an idea about ETH before, and took entry with Vegas tunnel strategy. You can keep following it if you're already in. - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
by EthanTW
1
BTC/USD - UpdateYesterday's levels were respected both to the upside and to the downside. For the upside, $39K remains a level of resistance. However, this has been tapped a few times now, so this area is now weakened. The next two levels to pay attention to is $41300 and $44500 if we see breaking to the upside. Current support is $38000, which, if lost on the daily timeframe, I will look to the ascending support as the next area of interest. When we eventually get a break in either direction, this could lead to a more significant move. <----------------------------> ☑️ Follow, Comment & Like ☑️ Create a civil and healty discuss in the comments and share with me your thoughts Thanks and Happy Trading!
BITFINEX:BTCUSD
by CryptoTradersWW
1
BTC/USD by CryptoTradersWWPrice is moving within a broader wedge pattern, similar to other coins, with equal touches of support and resistance so far. Currently, the price is bouncing off a daily level of support that, if broken, increases the likelihood of a drop to rising support. The bullish case for the price is if it reclaims $40k as support, which would indicate that a move higher is more plausible. As a side note, both the up and down moves were swift, implying that the return to these levels would be just as swift. <----------------------------> ☑️ Follow, Comment & Like ☑️ Create a civil and healty discuss in the comments and share with me your thoughts Thanks and Happy Trading!
BITFINEX:BTCUSD
by CryptoTradersWW
Your Trading Style and Holding Period ⌛ ⌛ ⌛ How long to hold your trading position? Everything depends on your trading style. In this post we will discuss the preferable holding period for your trading positions. First, Let's define 4 main trading styles: Scalper, intraday trader, swing trader and investor. One of the core differences between these styles is the time horizon of their predictions of a market behavior. 1️⃣Scalper attempts to predict minor price fluctuations. His goal is not to pursue the waves, rather a minor moves up and down. For that reason, pro scalpers tend to hold their position minutes, sometimes even seconds. Expanding the time horizon they are risking to be stopped out from their positions. 2️⃣Intraday traders operate on intraday time frames. They are trying to predict the price movements within a day or even a trading session. The average holding period of a pro intraday trader is ranging from minutes to hours. 3️⃣Swing traders are aiming to catch swing moves - the waves. Typically by a wave we call a trend following movement. Pro scalpers usually close their positions once the market starts retracing (correcting itself). Following such a strategy, scalpers tend to hold their trades days to weeks. 4️⃣In contrast to a swing trader, the investor does not care about the retracements and pullbacks. The investor is trying to pursue the entire movement within the trend. Usually he hold his position till the trend lasts and closes that only when the market starts reversing. Investors tend to hold their positions months, even years. Recognizing an average holding period is crucially important for a selection of your trading style. Which one do you prefer? ❤️Please, support this idea with like and comment!❤️
BITSTAMP:BTCUSDEducation
by VasilyTrader
24
GALA - can follow this buying timingBYBIT:GALAUSDT 1H trend chart - GALA is consolidating and accumulating right now. And there is a downtrend keeps resisting the price. So if GALA can break out the downtrend line, we can open long and trading strategy as below. - Profit Targets: a) 0.27457----Fib(1) b) 0.29703~0.30611----Fib(1.272~1.382) c) 0.32559----Fib(1.618) Stop losses: a) Depend on the pattern - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
by EthanTW
ETH - potential buying timingCOINBASE:ETHUSD 3D trend chart - There is a good entry timing for ETH, if it can go above 2857, also this candle(3 days) should close above 2857. Then we can long it depend on Vegas tunnel trading strategy. Moreover, we can notice that a possible double bottom on the 3D chart, it will form after price overcomes the neckline(3284.75) I suggest that you can buy it when you confirm it goes aboe 2857, and take some profit while it faces 3284.75 in future. Trading strategy as below. - Profit Targets: a) 3284.75----Fib(1) b) 3590.95~3714.79----Fib(1.272~1.382) c) 3980.46----Fib(1.618) Stop losses: a) 2300-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
COINBASE:ETHUSD
by EthanTW
1
How to trade Bullish Momentum Here's a tutorial on how to trade bullish channel using price action. So when we see price ranging in a channel, we suppose to trade as per breakout or wait for retest entry. Here in BITCOIN when price broke down channel support we'll wait for retest and when we don't see retest and simply price reverse here we'll plan for bullish entry and call it as bullish channel. As soon as price breaks out the channel resistance with a strong candle we'll entry in trade by keeping the stop loss as recent swing low and channel high as our take profit.
BINANCE:BTCUSD.PEducation
by tredstock
2
SOL - Potential bull pattern and TargetsBYBIT:SOLUSDT 4H trend chart - SOL is facing the resistance from downtrend line, and there is a possible inverse Head and Shoulders on 4H. We can long it after breaking out the downtrend line, the better scenario will be the formation of inverse HS shows. If price overcomes the downtrend line, trading strategy as below. - Profit Targets: a) 96.140----Fib(1) b) 100.275~101.945----Fib(1.272~1.382) c) 105.530----Fib(1.618) d) 111.335----Fib(2) Stop losses: a) depend on the timing of breakout - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
by EthanTW
1
ETH - Buying timing and TPsBYBIT:ETHUSDT 4H trend chart - ETH keeps falling after the double top formed since 19 Feb. Further, it has met the final target at Fib 2($2539) and got support around here. And we can see that ETH is trying to break out the downtrend line, if it can overcome the resistance, there is an entry for long. Also, if it keeps going down, there is a good potential buying area around 2300~2500. In a nutshell, it's better to buy it after breakout is confirmed, and trading strategy as below. - Profit Targets: a) 2825.3----Fib(1) b) 3056.65~----Fib(0.5) Stop losses: a) depend on the timing of breakout - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
by EthanTW
2
ATOM - Inverse cup and handle, shot it with the strategyBYBIT:ATOMUSDT 4H trend chart - ATOM is building a possible inverse cup and handle pattern. If this 4H candle can break out the support level($25.335), trading strategy as bleow. - Profit Targets: a) 23.845~23.24----Fib(1.272~1.382) b) 22.595~----Fib(1.5) c) 21.945~----Fib(1.618) Stop losses: a) 27.280----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Short
by EthanTW
2
ALICE - Selling area and TPBYBIT:ALICEUSDT 4H trend chart - ALICE forms a double top on 4H And it just broke the neckline 7.07, so we can short it here with strategy as below. - Profit Targets: a) 6.3~5.99----Fib(1.272~1.382) b) 5.66----Fib(1.5) Stop losses: a) 7.65----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Short
by EthanTW
1
BIT - New entry timing and TargetsBYBIT:BITUSDT 1H trend chart - BIT already hit our 1st TP from my last idea. Congrats if you're following it. - You can hold the rest to until hitting other TPs and can move SL upper if you want. Now, 1H trend is forming a potential cup and handle, and here is the buying timing, so I'm going to provide another strategy as below. - Profit Targets: a) 1.693----Fib(1) b) 1.704~1.709----Fib(1.272~1.382) c) 1.719----Fib(1.618) d) 1.735----Fib(2) Stop losses: a) 1.664----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
B
by EthanTW
BTC - Targets for this BreakoutBYBIT:BTCUSDT 1H trend chart - BTC has already broke the resistance from the downtrend line. So we can do long here and strategy as below. - Profit Targets: a) 42750----Fib(1) b) 43054.5~43178----Fib(1.272~1.382) c) 43442----Fib(1.618) d) 43870----Fib(2) Stop losses: a) 42128----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
BIT- is converging and expected targetsBYBIT:BITUSDT 4H trend chart - BIT is squeezing in a triangle, and our resistance is the downtrend line. On the other hand, price is getting support from the uptrend line. So, if BIT can overcome the downtrend line, we can do long with strategy as below. - Profit Targets: a) 1.662----Fib(1) b) 1.731~1.785----Fib(1.272~1.382) c) 1.914----Fib(2) Stop losses: a) Set is at the lowest point of this triangle - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
BLong
by EthanTW