I only hold a couple of coins for longer term if I see a stong technical setup. Fantom is one of the crypto's I hold for the next bullrun, so longer term investing. No short term trading. The reason is the price is at a stong demand level on the weekly chart supported bij the 200 MA. At such a demand level a lot of buy orders will be triggered and also whales...
AAVE is at such a nice demand zone, I'm already long on this pair. But you can still enter since we are hovering at the demand base and the trade didn't take of yet. The 200 MA is supporting it also on the 4H, but I'm trading it on the 2H tf because the demand zone is better visible. You see the price is slowing down and stalling in the demand zone that's also...
Turbo enters a really interesting demand zone on the 12H. So I placed my limit buy already slighty above the 200 MA but still in de demand zone. I aim for a 8% gain
There is a nice clean demand zone created indicated in blue box. The trade idea is simple I place a buy limit at the 0.000018299 area. it's arround 50% of the demand zone, When it's triggered I ride the wave
Pengu is reaching a strong demand zone, maybe even a double demand zone stacked on eachother. For trading it's confirming a stonger level. The trade idea is simple, When price enters the demand level, I have a limit buy order placed there and ride the wave.
Aave is near a strong demand zone also supported by the 200 MA. I placed my limit buy order at the 305.96 area
price still needs to fall into the demand zone but when that happens I will enter with a limit order or a market order. Given it's the 1H timeframe I expect this weekend price will drop to that level. Aiming for a 5% TP
Forgot to post but I entered a short term long position here. Price hit a strong demand zone and the pattern shows multiple pinbars Strong setup
If you look at the price action of ETH especially last year arround the same time. ETH tends to make one deeper pinbar that touches the 200 MA before running up. That second pinbar didn't formed yet and suprise the 200 MA is hovering slight below it at 3000K level. So what do you think will happen? Don't get trapped, place your limit at the 3k level
While everybody is bullish I see a short opportunity on BTC. According to the chart first good support is at 91k so that's my TP
This setup was not interesting for me last week but this week it is. The trend reached a weak and small demand zone so that's not interesting. But given all the price action for the last 2 weeks arround this level it makes it a stronger support level. Especially the strong bear candle so people ( including me ) think this will go bearish. Then suddenly it goes...
There is a nice downtrend reached a key support level. The setup interested me because of the combination of bull candle, pinbar that pierced trough the stops that's always a good sign. The engulfing engulfing bull candle close was the entry trigger. Entered at the 22:00 candle close
Towards the end of the week a nice opportunity appeared. There is a nice downtrend reached a key support level. The setup interested me because of the combination of bull candle pinbar, engulfing bull candle. Entered at the 22:00 candle close
Hi fellow traders, The first trade that I spot for the week. The reason why it's interesting the last candle is engulfing the last 3 candles. And it's closed above the previous support level. Wen, Thu are also the optimal trading days. There is high impact news tomorrow but I still take the trade because it's a daily setup. So If the current daily candle...
It's a quiet week no trades yet, but that's a good thing. That means also no losses are taken. So my decision-making ability to spot only good quality trades for my system works. NZDUSD 4H long is on only thing that caught my attention and I will explain why. First thing what I always want to see a long clean downtrend breaking support. It's hovering arround...
Reason for enter this trade is - Clean downtrend breaking support - There is is a consollidation pattern - There is a strong bullish candle closed above the support line again
First setup of the week. There is a clean downtrend reaching support. Followed by a couple of pinbars, One deeper that the other. That's what I like to see because it means price is searching for liquidity and stops are hit. after the engulfing candle I entered the trade
I'm watching EURGBP for a while now but no interesting candle patterns yet. Untill now... If the current candle close is bullish engulfing as it is now, I'm all the way in bullish. Candle close is 19:00 hours Amsterdam time. Will explain later why