TheTradingBasics

TheTradingBasics

In this edition of the shitcoin series. EDO .... Trendline, Alert, and observe. If something comes your way, drill down LT and find an entry.

TheTradingBasics

About time to set some alerts on the worst of the worst shitcoins in terms of volume. Yeah you heard me, wonders do happen. Low volume can be a great indicator for what is to come. Don't chase but prepare. Will add some more coins in a little. Set alets, watch the price action and pull the trigger people. ohhh and SET A STOP

TheTradingBasics

Update: worked out well. Taking profit... waiting for a daily close to observe if there is still some room. But we are in desperate need for a retrace, coin is tired. Btw. Tradingview now lets you see the close on all timeframes

TheTradingBasics

little update , easier to track for everybody ... trendline , set alert on trendline , once broken break down to LT and observe the first pullback. if we don't get a lower low we should be good. Bullish igniting candle on high volume can be traded with proper stop.

TheTradingBasics

I wasn't too sure about the trend when first posting this. Low volume and choppy price action. But turned out to be a winner. Setting alerts for a touch of the trend curve for entering again. Could have a more upside than we think.

TheTradingBasics

technically speaking we did put in a perfect 50 % retracement. I don't like the engulfing candle on resistance right now. Focus is still the daily, if we can close slighty above resistance we could see some upside. Alert set , going long if this holds.

TheTradingBasics Updated 

First spotted by and credit to the one and only cryptodude999 twitter.com If we can close above the previous pivot high there is still some room to grow. Falling volume is a problem but can reverse in an instant. This is crypto and greed is present .

TheTradingBasics

Genuine Scamwick or not ? let's see where it will close. But almost certain it's only stopping out the shorts for a 5% move. But who am i to tell.

TheTradingBasics

Well Well, it did move up. Will take profit and set an alert on retracement. Trades only fail if you sell too soon.

TheTradingBasics

What can i say. Some coins till do a mucho pumpo ..... not a moonboy myself .. but Enjin is killing it.

TheTradingBasics Updated 

Broke out from the trendline and is currently looking like pulling back. If we close above the trend and get a clean retrace it's worth a shot entering on LT: Setting Alert for 50% pullback

TheTradingBasics Updated 

i did break out nicely according to plan. But don't be fooled. There are no committed buyer here yet. With this low volume someone is wanting you to pay up. Wait for pullback and confirmation. Other than that, probably P&D

TheTradingBasics Updated 

Not bad so far. Working like textbook perfect. If you haven't entered anywhere drill down and watch the daily close. It's never too late

TheTradingBasics

Guess you can't short it all the time. Little trendline break. Adding to watchlist and waiting for daily or possible LT pullback for an entry. Prefer a good 50% retrace

TheTradingBasics

touched the trendline... Let's see how much of a new low it will put in to open a possible long.

TheTradingBasics Updated 

somewhat broke out of the trendline. Failed to put in a new low... putting on my watchlist for LT entry ... sidenote: volume sucks like 99% of crypto before sudden spikes.

TheTradingBasics Updated 

No matter what you have opted for.... long on bitcoin or short but never forgot how to increase sats not only USDT value. Huge igniting move here.

TheTradingBasics

No action item. Just setting an alert on the daily trendline. If broken you know what to do ! either wait for retest and failure or have courage and take it.