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BADGERUSD trade ideas

HOW To Make Money on a #ALTCOINAltcoins provide the most bang for your buck! But very few people actually have a plan. Apart from "I wanna make millions on S coins" Or have a plan, but fail to stick to their plan, once the dopamine high of a bull market is in full effect! This is based on the assumption that you already done the work, during the past year in accumulating your favourite #Altcoin If you are just entering the market now you should be looking for coin's that had a nice pre bull market pump, and is now retesting previous accumulation zones. Basically flipped resistance into support. This will likely halve the number of X's that you may see of course. Some variation of this idea has been floating around for many many years. And by no means is it a original strategy. The only caveat being the 2017 altcoin bull markets was far easier than the 2021 edition. There is more competition for attention than ever before. And as we saw a whole swathe of alts did not pump as hard as certain categories or ecosystems. Hope this helps And I hope it encourages you to draw up a variation of this plan for your favourite coins. Best of luck.
COINBASE:BADGERUSDLong
by BallaJi
Badger DAO (BADGER) - Bullish divergenceOn the above 1-day chart price action has corrected over 90% since last November. A number of reasons now exist to be bullish. They be.. 1) The ‘incredible buy’ signal prints. 2) Price action and RSI resistance breakouts. 3) Regular bullish divergence. Multiple oscillators are printing positive divergence with price action. 4) Everything that was said above is also true for the BTC pair (3-day chart below). 5) Token meets all conditions for the ‘what if’ list. Is it possible price action falls further? Sure. Is it probable? No. Ww Type: trade Risk: <=6% of portfolio Timeframe: 1 to 3 months Return: At least 3x 3-day BTC pair divergence + breakout
COINBASE:BADGERUSDLong
by without_worries
4
Badger DAO / USD / BTC - On supportOn the above 1-day chart price action completes a near 90% correction from the overbought condition (green column) back in early February. A ‘incredible buy’ opportunity now exists (orange column) following the correction to past support /resistance. The Bitcoin chart below is also oversold with Dragonfly DOJI candle on the daily. The only way is up. This is an easy 5x your Bitcoin / USD. Is is possible price action can fall further? Sure. Is it probable price action moves up? Well it’s like this, you’re holding all the aces. Good luck! WW The Bitcoin chart with Dragonfly DOJI candle on the
FTX:BADGERUSDLong
by without_worries
31
BADGER Throwback Buy #4I entered BADGER at Buy Point #4 yesterday ($40) ... this is a Resistance becomes Support buy strategy also $40 psychological number in BADGER which seems to stick out in my mind as a good buy price from months ago... its been consolidating for almost 2 months since highs and should offer better downside protection in this market with substantial upside possibilities... BADGER DAO is also an innovative DAO which we have liked since its launch... Buy #2 strategy is also a strategy I want to begin to place a larger allocation towards as it has seemed to work very well in what I've seen. This is when a trend is broken (price goes through green line horizontally), then consolidates (buy point #1), then returns to diagonal green line from the top and the downward green line resistance becomes support principal goes into action. Its typically the lowest price you'll see a coin make, sort of like a "last chance low". A Note on Trend Lines These trend lines are rough and should always be thought of as such as they can often fool a trader who is not used to seeing them move. Days pass and sometimes you re look at them and your mind is like I want to move the trend line. Resist doing that - just draw a new one. That is why I've started using line charts also (I still look at candlesticks as candlesticks also give me wicks which helped me identify sell point #1), but line charts are less discretionary when it comes to long term trend reversals. Where I draw the trend line is less discretionary. Because trend lines are somewhat arbitrary and can be drawn different by different traders looking at different charts, I have learned to wait longer often not taking buy as soon as price crosses green trend line. You need to wait for a few closes of the "bars." Always wait for bars to close - that's how you know the bar is legitimate not a temporary fake out spike up through the trend line. If its put in a few closes (squiggles) it usually is valid break. I treat the break of the trend line as a sort of market indicator - ok now its a buying market, it doesn't mean I need to charge right in and buy immediately. Oftentimes, trades even profitable and good valid ones will move against you - you can enter there as well so no need to rush into a trade. Not from this diagonal line break anyway. What we want are a confluence of lines. You can see Buy Point #2 has that. Green trend line Purple trend line White dashed line All of these types of traders (demand markets) will be buying at this point so it makes the probability high that you will get a good burst. As you can see Volume rocketed upwards at Buy point #2, and that was the most explosive price action as well. However, if demand fails all these traders are waiting to unload and this can also be the most explosive downwards, if the sellers win out now you have a "roll over" where the slinky moves down the stairs and all those buyers also unload and you can get wrecked so its important to exit if your entry does slip a bit lower than the support line, you need to take this small loss because it will usually turn much bigger. Now its turning into a bearish breakout. I used to trade these bear breakouts where price drops below the "heel" of the foot (end of Feb). That's a great place to short actually. So be careful with Buy point #2, but definitely a good buy point if you can watch your trade. Buy point #3 is like the safest / "let it confirm" approach. It is a confirmed uptrend putting in a higher high at that breakout point. Buy #4 is hey you missed it, second chance at $40. We call this a throwback. Throwbacks are typically higher risk than buy point #3 type of breakouts, but if it bounces typically you'll be in the clear from here out… that's what I'm going for with yesterday's entry.
FTX:BADGERUSDLong
by reversalradar