ForgeTrades

ForgeTrades

This strategy would have yielded over 2,322% since November 2015 with only 7 trades! This is a very simple swing trading strategy great for somebody who is just starting out in the market. It lets you get in and start trading without complicating things. Trading with the trend is where the easy money is. Get into a position and then sit and ride the...

ForgeTrades

Bitcoin is currently in price discovery mode and still showing strength. Right now it is safer to be longing dips than it is to start shorting, however there are a few things we need to be aware of. -RSI is showing bearish divergence with price. This is an indication that price is running out of steam, however don't short just yet. Divergences can last longer...

ForgeTrades

The weekly chart is looking great and BTC is on it's way to $100k It is trading well all MAs and still showing signs of strength. Dips will occur along the way but overall Bitcoin is still bullish. Targets: -$63,000 -$80,000 -$100,000!

ForgeTrades Updated 

ETH recently swept the lows and is showing some strength for a move up. The sweep of the lows was the ideal time to go long. If you are not yet in position, it is safest to wait for a break above and retest of the white line. If it is unable to do so then it will likely reject and retest the lows. Happy trading.

ForgeTrades Updated 

BNBBTC – Potential 22% gains BUY: 0.00272 TARGETS: 1) 0.00332 STOP: Close below 0.0025 Rationale: -BNB has been making a descending triangle -Descending triangles often signal continuation -Buy the breakout, or wait for the breakout and buy the retest Your risk, your reward. This is not financial advice. Happy trading.

ForgeTrades

LTCBTC – Potential 35% gains BUY: 0.004226 TARGETS: 1) 0.004502 2) 0.004861 3) 0.005261 4) 0.005636 STOP: Close below 0.00395 Rationale: -Volume has been increasing - After the recent leg up it has retested the golden pocket (0.618 – 0.65 fib level) which is a strong level for a bounce -It is currently finding support on the 0.5 fib level which lines up with...

ForgeTrades

XRPBTC – Potential 116% gains BUY: 0.00001020 TARGETS: 1) 0.00001367 2) 0.00002219 STOP: Close below 0.0000085. Your risk, your reward. This is not financial advice. Happy trading.

ForgeTrades

ADABTC – Potential 20% gains BUY: 0.0000177 – 0.000018 TARGETS: 1) 0.0000152 – 0.0000158 2) 0.0000143 – 0.0000137 Your risk, your reward. This is not financial advice. Happy trading.

ForgeTrades

There are many way you can look at this chart, however two ideas that I see getting thrown around a lot are the rising wedge or a channel. You can make an argument for either one. Regardless, BTC is consolidating under $50,000 and it is much safer to be long than short. Be sensible and don't overleverage in case there is a move to the short side. Happy trading.

ForgeTrades

DMG looks ready to drown. If it can break and hold above 0.161 it has a chance to bounce, but odds are it is going down further.

ForgeTrades

BAO looks like it's ready to blow. Reasons to buy: -High timeframe bullish divergence -It has dipped into the accumulation zone a number of times and the last time it was bought up quickly -Volume has increased significantly -10EMA crossed above 20EMA showing strength Buy and hold - 177% gains might just be the start.

ForgeTrades

XLM has completed a retracement to 0.786 fib. This is typically a very strong area of support. The price is currently sitting in the golden pocket, between 0.618-0.65 fib which is also a good area to see a bounce. If the price can hold above these area, then expect it to move towards the green box for >50% increase. If it cannot hold these fib levels then it...

ForgeTrades

EOS has been showing bearish divergence and has broken down. It is currently sitting on a key support level at 0.38 fib. If this level breaks down expect it to drop to the 0.618-0.65 fib level. This area is known as the golden pocket and coincides with an area that has high liquidity. Many people will have stop losses on their longs set in this area. This...

ForgeTrades

BTC has just swept the highs and is now moving back towards it's earlier low. A lot of people will have stops placed under this low and there is plenty of liquidity between $42-43k. If price closes below the 40 EMA it is quite likely it will move towards the green box and sweep the lows. A sweep of the lows is also equal to a 0.38 retracement. Once the lows...

ForgeTrades Updated 

Stop placed below local low Target top of channel Follow the squiggly line

ForgeTrades

Follow the squiggly line

ForgeTrades

Keep scalping the channel until it no longer works. Longs safer than shorts right now.

ForgeTrades

Short term scalp ideas Self-explanatory, watch key levels Longs safer than shorts right now