TheTradingBasics

TheTradingBasics

Rounded bottoms are not usually my thing... but with such an illiquid asset it seems to work out pretty good. All targets hit and spot on the trendcurve. Let me know if you have been taking this trade.

TheTradingBasics

not a trade but an long term thing. Bought around 28 & 31 but still expecting this baby to pumpo. Mainnet launch soon and no previous pump yet this should be worth my while. small position , will add back upon some confirmation.

TheTradingBasics Updated 

Entered on retrace , target red resistance line.

TheTradingBasics Updated 

You know the drill, if it breaks and does not put in a new low... drill down low TF and enter with spot. What can go wrong ?

TheTradingBasics Updated 

We all know moving averages are lagging indicator so there is no 100% guarantee they plot the right direction. If you take a closer look on the volume MA and the thick orange line and how it's moving you can somewhat guess what's next. Even for a short period of time.

TheTradingBasics

While everybody in the whole world is watching bitcoin somebody out there is loading up on ALTS like crazy .... Volume spike all over the place. It's a game , just follow the signs.

TheTradingBasics

Short sell attempts and dips are being bought up instantly. Is this truly the coronavirus hedge ? Breaking to the upside 10k insight. Being extremely cautious at this point as the institutional big short could be imminent. Going long with small leverage and tight stop.

TheTradingBasics

With bitcoin's upside taking my chances longing for a touch of resistance. Adjust your leverage

TheTradingBasics

Considering that most pairs have shown signs of life from ATL they have initiated a stage 2 long term. Most sellers are exhausted by now but bitcoin's current price will further correct ALTS another 5 to possible 10 % Draw your support levels and enter when everybody is selling. For the sake of management , start with small position and add back with proper alerts...

TheTradingBasics Updated 

Possible violent rejection here soon. Short loaded waiting to pull the tirgger

TheTradingBasics

Topping tail on daily. Possible retrace. Short position entry tight stop.

TheTradingBasics

Daily cap down. Small postion on opening for micro profit

TheTradingBasics

Same concept. Alert on Daily Trendline. Waiting for break and spotting entries. Since all shi!coins are such low volume we need a lot of patience. Better trade stocks.

TheTradingBasics

😂 This is what demand looks like. Stay away.

TheTradingBasics Updated 

Crossed Long Term Trendline. Double Bottom Retest&Failure. Setting Alert on Short term trendline. Watching for now.

TheTradingBasics Updated 

Not sure if this looks entirely like a well rounded bottom but the upside is worth taking the risk. Absolutely terrible volume and large candles on low volume are a sign to RUN. But this is crypto after all and anything goes.

TheTradingBasics Updated 

Broke Daily Trendline, retest and failure and continuation. Currently Touching major resistance. Late entries wait for 50% pullback on daily with tight stops. Target major resistance previous high

TheTradingBasics

Would love to see some sideways action in the green range to confirm a stage 1 . Moves above could indicate further bearish downside and profit taking.