Get started

Tradingstrategies

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
BTC/USD - UpdateOver a month later, it's still interesting to watch how the previous range point of control functions as support. This has now turned into resistance as the price has dropped below $43094. Further down, support is found around $41k, a crucial level to hold if price is to avoid a quick drop to $39K. We have a few elements coming up in the next several weeks that may have an impact on price. Today is the Superbowl, and many crypto companies have spent a lot of money advertising and promoting their products. This may be a situation where you buy the rumor and sell the news. Furthermore, there are tensions between Russia and Ukraine, which are causing a lot of concern in all markets, including Crypto. This is where risk management and decision-making come into play. <———————————————> ☑ Follow, Comment & Like ☑ Create a civil and healty discuss in the comments and share with me your toughts Thanks and Happy Trading!
BITSTAMP:BTCUSD
by CryptoTradersWW
SOL/USD - UpdateSOL has broken the uptrend channel by dumping sharply from the resistance line, as predicted on the past post (blue line). It was most likely a bear flag in Higher TF. Currently, the price has broken its pattern, but it is still building LowerLows. You can stockpile some now that the price has dropped below $100, spot hold mode. The next significant support zone is between $79.00 and $82.00. <———————————————> ☑ Follow, Comment & Like ☑ Create a civil and healty discuss in the comments and share with me your toughts Thanks and Happy Trading!
COINBASE:SOLUSD
by CryptoTradersWW
BTC - is approaching to our Final target and New 1H entry timing- BTC is squeezing and breaking out the short-term downtrend line on 1H. The 1st target on 1H is 45500, which is also the 3rd target I set from last entry opportunity. (If you are following it, you are gaining profit now) Here is another entry timing, and trading strategy as below. - Profit Targets: a) 45500----Fib(1) b) 46746~47250----Fib(1.272~1.382) Stop losses: a) 42650----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
1
⭐ ZOOM OUT ⭐ ZOOM OUT 1️⃣ When preparing to take a trade, it is better to take a broad look at the charts. 2️⃣ Taking into account the higher time frame charts, makes you see the bigger picture of the market structure and have a better bias. 3️⃣ Analysis carried out on the daily (1D) and four hour (4H) gives you "stronger entries" and reduces the chances of having false signals. 4️⃣ Of course there are different types of traders, and the SCALPERS would not want to stay long in the markets thus trading the smaller time frame. This can also be done with reference to higher time frame zones by scalping only when the market is around a strong reaction point from the higher time frames. 💥 ZOOM OUT
Education
by Sage_Trader
ETH - 2 Great scenarios for EntryBYBIT:ETHUSDT 1H trend chart - ETH is getting a correction after a CH pattern completed(target is 3400) Here, we can wait it to retest and show support at long-term downtrend line, the better scenario is that hit 144/169ema, then rally back to 12ema quickly. It would be a great entry timing to long. Also, a bullish flag is forming on 1H, so there is another timing to take entry if broke out this flag. - Profit Targets: a) 3235----Fib(1) b) 3414.25~3486.75----Fib(1.272~1.382) c) 3564.5----Fib(1.618) - 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
WHAT IS AN ETF? (Exchange-Traded Fund)📚 ✅An ETF is an exchange-traded investment fund. The fund's management company draws up a strategy and acquires assets in its portfolio, and then issues shares - small shares of this portfolio. When selling an ETF, the investor pays tax in the same way as if it were ordinary shares. ✅If 40 years ago only 6% of American families invested money in investment funds, now they are about 46%. At the end of the third quarter of 2020, $29.5 trillion was invested in open-ended investment funds in the United States — this is almost half of all assets managed by funds around the world. ⚠️What instruments are included in the ETF 🟢The fund's portfolio may consist of any instruments traded on the stock exchange. For example, stocks, bonds, currency, precious metals. Their ratio depends on the fund's strategy. Once in a certain period, the management company reviews the portfolio and rebalances, that is, sells some assets and buys others. 🟢All actions are subject to strict rules, from which managers cannot deviate. All information about the composition of the ETF and the frequency of portfolio rebalancing is available in the fund's documentation. 🟢ETFs can consist of securities, precious metals, derivatives - there are practically no restrictions. Therefore, today there are thousands of funds with very different structures. For example, there is the Global X Millennials ETF— which is a fund for shares of brands beloved by millennials. Or Direxion Work From Home ETF - it invests in services that benefit from the widespread transition to remote work. ❗️What are ETFs 🔴When a fund copies a stock index, it applies replication, that is, it exactly repeats the composition of the index. There are two types of replication — physical and synthetic. If an ETF uses physical replication, it buys the index assets themselves - stocks, bonds, and everything else. 🔴If a fund uses synthetic replication, it does not buy the index assets themselves. Instead, the fund uses an index derivative — an agreement between the parties that the transaction will be executed. A change in the value of the index entails a change in the value of the derivative. On the one hand, this is beneficial for the investor, but on the other hand, a complete repetition of the index may be inaccurate. In addition, there is a risk that the derivative provider will not fulfill its obligations. 🔴In index ETFs, the investor should pay attention to the error of following or tracking error. Let's say the IMOEX index has gained 12% over the year, and the ETF for this index has only 11%. The management costs in this fund are 0.5%, which means that the remaining 0.5% is a follow-up error. This indicator should not be too large, because, in the end, it affects the profitability of the fund. If the fund deviates greatly from the index, the managers do not do their job well. ‼️How the price of an ETF is formed 🔴Shares in ETFs are called shares, they have a market and settlement price - iNAV. 🔴The estimated price is the value of all assets included in one share of the ETF. It can be viewed on the fund's website and the stock exchange. 🔴The market price depends on the supply and demand in the market and differs from the estimated price. It is not profitable for the Fund that the difference between them is too large, otherwise, investors will not buy shares. The market maker makes sure that the price on the stock exchange does not fluctuate much. He puts out large bids in a certain range. The current market price of the fund's shares can be viewed on the stock exchange or in the terminal. 🔴ETFs are a convenient and simple solution for investors who want to get "all in one". For example, they do not want to make a portfolio with their own hands or buy index assets separately. This tool is easy to buy and sell at any time. We can say that an ETF is trust management without red tape with documents and time limits. ❤️ Please, support our work with like & comment! ❤️
OANDA:XAUUSDEducation
by UnitedSignals
19