I dont know why I lost the XMRUSDT and didn't continue to track it. Did you remember my Idea on this coin? I should follow it after cross over out the Chanel!! I opened the Short position just few Minutes ago in order to study more about its price movement.
After Low volume and Low Trading last weekend with Expect the price of Bitcoin to fall, I watched the XRP cross over the support line in 4 steps. Specially with strong good Red Candle in last one, I be sure to fall the price more than R:R = 5. I saved the profit in R:R = 2 & R:R =5 and still, my position is opening for more Profit! Happy Trade for All!
As you see, The XMR are in up-trending Chanel, and reached to the top of the Chanel. Shall we get Short position on it?
The weekend is going to End and market seems to move some! DOTUSDT Break up the Resistance Line (Point #1) and There is some to confirm the Up-Trend Movement by Candle which over than Moving Average 20 (Point #2). Its too risky but let see... Its just for educational Purpose and Not suggestion for Trade!
NEARUSDT after broke down of 16.826$, Its going down and down! Specially after its got reach to his top. But the Stop Lost is to High (from 16.826 Line). Maybe can find another lower SL, in 15Min Time Fraim. Its not suggestion for sell or buy, Its just for Educational Purpose!
On base of Daw Theory, Luna is going down, After Down Trend from 116$ to 93$ and take a Rest, It will continue his Down-Trend, If nothing happen in special! Its Just for educational purpose and This is not suggestion for Sell/Buy!
3096.85 $ is Breaking down. In 4H Time Frame, can wait till to end 4 hours or can open risky now. But The SL is less than 1%, so can do it now and get more Risk/Reward 1:3. Let see!
After Nice weekend, XLM passed 0.20200$ price Line on daily chart, Then opened Short Position! and Due to can select the Low SL, So we can get reach to higher Risk/Reward than 1:2!
Wish had great Weekend! FILUSDT, Break down 21.29 in Daily Time Frame, and played some hours in under 21.29. Its can get Risk/Reward 1:2, I think and maybe More! I Decided to open such This position on base of Dow Theory Definition ans Support/Resistance Lines. Wish Earn More in This Week!
The Monthly chart of WABIBTC is good only for "Short" Position, without any complicated calculation!, Just Follow the " Low Bottom" and "Low Top"! The DownTrend Line never break up from 2018 till Now, And Don't think, It will Break up till End of 2022!
In the End of last month, I lost the Points 1 and 2, and then find point 3, but because of mistake to select the right SL, I loos such profit! Now, there is a point 4 but for open Short Position, lets the Pull back will be completed! Good Luck!
In 1H, Time frame, After few hours from now, If you see whats happen in Scenario #1, You can open Long position( Over than 42581 $). Or Maybe If will be happen as Scenario #2, if the price become lower than 42173 $, Considering Risk-Management and Risk/Reward), You can try it!
Its Saturday and all main Traders are in weekend ( You can see the volume of it). The Red Candle of BTCUSDT is ugly, even didn't break down the bottom line of it(42174 $). I already have 4 positions still are opening ( After Saved the profit and moved my Stop Loss to near or over than my Entry Price ( For: XLMUSDT & SOLUSDT & ONEUSDT & UNIUSDT). But If you can...
In 4H Time Frame, The Up-Trend is end and You can see 3 points of confirmation to changed the Trend! I saw it late so I lost the good position with Low SL. My SL for this position is about 5.5% and its little high!
I didnt get my target in last position, After Green Candle, I try again to catch my profit! When I opened another Short Positions for XLM & ONE, Why I didnt open short position for SOL too? Lets try again!
I got many profit from XLMUSDT, so After I reached to my Target in last position and checked the movement of BTC, I decided to open another short Position on XLM, Tomorrow is Saturday and They said the Volume will be decrease and Traders most go for holidays! lol They earn money during in week, to spend it on Weekend! Is it Right?
In Last position, I got my Target with Risk/Reward 1:2, Then waited for Green Candle, and then open an new Short position again with same Risk/Reward! Its close to weekend and volume is coming down!
I waked up late and saw the chart of SOLUSDT, You can see that Price was break down and I lost that position early. I will expect that SOL price continue to go down more and break down the next support Line! so I opened a short position with High risk! and watch it Minute by minute!