The price action is very clear. It is in the range around weekly resistance (red line in the middle).
Don’t try to act like you have crystal ball. The price can go in both directions so once we see break above upper line, we can buy Ripple.
By trading in the range you are risking to be taken out without being invalidated which is worst thing that can happen.
Don’t try to act like you have crystal ball. The price can go in both directions so once we see break above upper line, we can buy Ripple.
By trading in the range you are risking to be taken out without being invalidated which is worst thing that can happen.
The main reason why I found XRPBTC pair is great looking XRPUSD pair. If I do not expect from BTC to rally, then the only one left to rally is XRPBTC to reach those targets on XRPUSD.
This is the range that can break in either direction. So far it tested broken resistance (green area) and bounced off which confirms the buy interest in that area.
That is also 0.618 fib level so that’s one more confluence that adds weight to this setup.
Break below would cancel bullish setup on both XRPBTC and XRPUSD pairs.
However, the break above would be very bullish for both pairs, especially for XRPBTC.
This is the range that can break in either direction. So far it tested broken resistance (green area) and bounced off which confirms the buy interest in that area.
That is also 0.618 fib level so that’s one more confluence that adds weight to this setup.
Break below would cancel bullish setup on both XRPBTC and XRPUSD pairs.
However, the break above would be very bullish for both pairs, especially for XRPBTC.
BTCUSD is consolidating around 7800 price level. It is still too far from the blue area where we would short it if we see a bearish sign such as bearish engulfing or bearish pin bar on lower time frames (H4).
Until that, we play small intraday trades to take advantage of the volatility in the market. For swing trade, we are waiting for that area to offer us profitable risk-reward trade setup.
Until that, we play small intraday trades to take advantage of the volatility in the market. For swing trade, we are waiting for that area to offer us profitable risk-reward trade setup.
#TradingTip
Stop comparing yourself to other traders because it will always lead to unhappiness and disappointment.
The one thing you have to know, people do not like sharing their losses with others. That’s why on crypto twitter you will see everyone win when the reality is way different.
After studying successful traders, I came across that losing is nothing to be scared off. Even after years of trading, they have losing days, weeks, months and some of them even years.
Focus on yourself and don’t care what everyone else is doing. People’s egoism will always bring them down sooner or later.
Accept loss, study that losing trade, write notes down what went wrong and move onto the next trade.
A losing day doesn’t mean you can’t have a winning week.
A losing week doesn’t mean you can’t have a winning month.
A losing month doesn’t mean you can’t have a winning year.
A losing year doesn’t mean you can’t have a winning trading career!
Stop comparing yourself to other traders because it will always lead to unhappiness and disappointment.
The one thing you have to know, people do not like sharing their losses with others. That’s why on crypto twitter you will see everyone win when the reality is way different.
After studying successful traders, I came across that losing is nothing to be scared off. Even after years of trading, they have losing days, weeks, months and some of them even years.
Focus on yourself and don’t care what everyone else is doing. People’s egoism will always bring them down sooner or later.
Accept loss, study that losing trade, write notes down what went wrong and move onto the next trade.
A losing day doesn’t mean you can’t have a winning week.
A losing week doesn’t mean you can’t have a winning month.
A losing month doesn’t mean you can’t have a winning year.
A losing year doesn’t mean you can’t have a winning trading career!
After an amazing response on our first #TechnicalEvening, it is time to bring something new to the table.
Tonight we will be talking about the non-technical part of the trading and have our first #Non-technicalEvening where we will answer to your questions about risk and money management and as well as other trading questions that are not related to technicals.
Send your questions to @CryptoSignalsAdmin and we will share the answer to 3 of them.
Tonight we will be talking about the non-technical part of the trading and have our first #Non-technicalEvening where we will answer to your questions about risk and money management and as well as other trading questions that are not related to technicals.
Send your questions to @CryptoSignalsAdmin and we will share the answer to 3 of them.
Forwarded from Future Crypto Experts - Paid Channel
Entry was missed for $3 so if someone shorted this with an entry a little bit lower, it was an amazing entry and trade setup. Onto the next one
The best thing is that our setups either get frontrunned or perfectly executed. It was funny to see all these people longing BTC after yesterday’s fake signs.
H4 resistance was rejected 2 times on H4 time frame 4 times on H1 time frame and 6 times on M15 time frame, do you need more signs?
The fact is that was hidden resistance behind some of my tools so it wasn’t so clear on the chart at first.
The chart you see me posting is cleared by the trading tools that I keep for myself. I give you the direction and that’s what is most important.
How I came up to that is something I keep for myself because it was the result of years of analyzing thousands and thousands of charts.
On the other side, the direction you can get by using properly any tool. The tools I use are working for me because it suits my personality. That’s one of the reasons I don’t share it because I want other people to find tools that suit them, not to copy mine or other people’s tools.
H4 resistance was rejected 2 times on H4 time frame 4 times on H1 time frame and 6 times on M15 time frame, do you need more signs?
The fact is that was hidden resistance behind some of my tools so it wasn’t so clear on the chart at first.
The chart you see me posting is cleared by the trading tools that I keep for myself. I give you the direction and that’s what is most important.
How I came up to that is something I keep for myself because it was the result of years of analyzing thousands and thousands of charts.
On the other side, the direction you can get by using properly any tool. The tools I use are working for me because it suits my personality. That’s one of the reasons I don’t share it because I want other people to find tools that suit them, not to copy mine or other people’s tools.
Forwarded from Future Crypto Experts - Paid Channel
New setup on Bitcoin. No fomo, waiting for retest of the broken support and giving it a little bit higher entry in case it frontruns main support.
If it gets missed, it is not the big deal because it is going to our resistance in $8200 area where we will be waiting for bearish signs.
If it gets missed, it is not the big deal because it is going to our resistance in $8200 area where we will be waiting for bearish signs.
Approaching halving, Litecoin’s fundamentals are looking great.
We took long in our paid channel at 0.0136 and book the profit at target (0.0146).
Now it is a waiting game for the price to retest blue area that should act as a support.
If price action forms bullish pin bar, bullish engulfing or some similar bullish structure, we will take long again targeting 0.0155.
We took long in our paid channel at 0.0136 and book the profit at target (0.0146).
Now it is a waiting game for the price to retest blue area that should act as a support.
If price action forms bullish pin bar, bullish engulfing or some similar bullish structure, we will take long again targeting 0.0155.
We are approaching new very important weekly close. The last one triggered selloff on BTC as it was expected to happen. We are waiting for this one to close so we will share our bias for next week on Bitcoin as well as major altcoins.
Area to watch is $8200. The close below and we do believe next week will be bearish again with target on next weekly support ($7300).
It is currently $300 below that area so looks like we will get that close but let’s wait for it to happen so we can form new setups.
Area to watch is $8200. The close below and we do believe next week will be bearish again with target on next weekly support ($7300).
It is currently $300 below that area so looks like we will get that close but let’s wait for it to happen so we can form new setups.