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If you’re looking to join our Premium Channel, it’s currently 50% OFF. Get our trading guide written by me, weekly trading lessons and our trading setups and signals we trade.
If you’re interested, send us DM to @CryptoSignalsAdmin.
If you’re interested, send us DM to @CryptoSignalsAdmin.
Crypto Signals via @vote
Is XRP about to moon?
anonymous poll
No – 261
👍👍👍👍👍👍👍 65%
Yes – 140
👍👍👍👍 35%
👥 401 people voted so far.
anonymous poll
No – 261
👍👍👍👍👍👍👍 65%
Yes – 140
👍👍👍👍 35%
👥 401 people voted so far.
ETHUSD closed above the consolidation area and if it remains there for the next 2 daily candlesticks, we should see continuation towards the moon target of approx $700.
Be aware of the potential wick into $400 zone as a form of the test but as long as the close remains above the resistance, the target is still the same.
Wicks can be much deeper but the closure is what we should focus on and what will determine further direction.
Be aware of the potential wick into $400 zone as a form of the test but as long as the close remains above the resistance, the target is still the same.
Wicks can be much deeper but the closure is what we should focus on and what will determine further direction.
Crypto Signals via @vote
In your opinion, is ETHUSD going to reach the ultimate moon target of $700 in the next 30 days? Why 30 days? The entire move up was parabolic so should be the continuation and if $700 will be reached, it should be within the next 30 days.
anonymous poll
Yes! – 176
👍👍👍👍👍👍👍 56%
No! – 85
👍👍👍 27%
I have no idea! – 54
👍👍 17%
👥 315 people voted so far.
anonymous poll
Yes! – 176
👍👍👍👍👍👍👍 56%
No! – 85
👍👍👍 27%
I have no idea! – 54
👍👍 17%
👥 315 people voted so far.
What does it take to win as a trader?
Many people think that successful traders know something they don’t. The actual reality is quite different.
You as a trader can master only one thing and that is your mind. When I say your mind, I mean set of actions you take in different situations. What you do when there’s certain setup you were waiting for, what you do when trade hits sl or tp, what are the set of thoughts you deal with after losing or winning trades.
What people don’t realise is that winning streak can be fatal for you maybe even more than the losing streak.
Overconfidence is as bad as not being confident in yourself and the setups you trade.
This is what you can work on and what should and must be improved every single day because the trading success is a journey not a destination.
The problem is that the majority focus on the wrong thing. They think success comes from having information before the others, having the indicator others don’t have, secret strategy they keep in secret.
This thing does not exist.
If you interview 10 profitable traders, most likely you will get 10 different strategies but all they have is their self-management where they know when and what to do.
Taking break at some point can help you way more than executing a winning trade.
Don’t focus on 1 trade, focus on system and tens and hundreds of trades because only if you follow your strategy consistently, you can expect to see improvement and positive results.
Don’t be afraid of mistakes, losing trades, bad moods. It always happens and it’s up to you to prepare for those times and know what to do when it happens.
Some people take break, go walking, spend some time with their people… Do something that you feel that helps you!
Master youself because you will never be able to outsource the rest of traders and know or have something they can’t get in touch.
Many people think that successful traders know something they don’t. The actual reality is quite different.
You as a trader can master only one thing and that is your mind. When I say your mind, I mean set of actions you take in different situations. What you do when there’s certain setup you were waiting for, what you do when trade hits sl or tp, what are the set of thoughts you deal with after losing or winning trades.
What people don’t realise is that winning streak can be fatal for you maybe even more than the losing streak.
Overconfidence is as bad as not being confident in yourself and the setups you trade.
This is what you can work on and what should and must be improved every single day because the trading success is a journey not a destination.
The problem is that the majority focus on the wrong thing. They think success comes from having information before the others, having the indicator others don’t have, secret strategy they keep in secret.
This thing does not exist.
If you interview 10 profitable traders, most likely you will get 10 different strategies but all they have is their self-management where they know when and what to do.
Taking break at some point can help you way more than executing a winning trade.
Don’t focus on 1 trade, focus on system and tens and hundreds of trades because only if you follow your strategy consistently, you can expect to see improvement and positive results.
Don’t be afraid of mistakes, losing trades, bad moods. It always happens and it’s up to you to prepare for those times and know what to do when it happens.
Some people take break, go walking, spend some time with their people… Do something that you feel that helps you!
Master youself because you will never be able to outsource the rest of traders and know or have something they can’t get in touch.
After almost a month of very bullish price action, Bitcoin is showing first bearish signs but before you start shorting or selling, hold on for a minute!
This is a usual divergence that happens in most case scenarios and the biggest mistake is to trade it without waiting for confirmation.
The confirmation varies from situation to situation and in this case, it is close below this rising wedge formation or back below $11 500 weekly level.
If that happens, we can firstly target the middle of the previous consolidation $11 000 and further $10 500 if the middle area fails to hold.
If we don’t get the confirmation, we can easily see the parabolic move.
This is the price pattern that either sends price to the moon (literally) or cause short term end in the bullish market cycle (correction).
Waiting for today’s close to give you more insights where this can potentially go.
This is a usual divergence that happens in most case scenarios and the biggest mistake is to trade it without waiting for confirmation.
The confirmation varies from situation to situation and in this case, it is close below this rising wedge formation or back below $11 500 weekly level.
If that happens, we can firstly target the middle of the previous consolidation $11 000 and further $10 500 if the middle area fails to hold.
If we don’t get the confirmation, we can easily see the parabolic move.
This is the price pattern that either sends price to the moon (literally) or cause short term end in the bullish market cycle (correction).
Waiting for today’s close to give you more insights where this can potentially go.
After almost 3 years of trading on Bitmex, I’m officially moving to another echange.
If you want to move together with me, here’s the link to Deribit exchange: https://www.deribit.com/reg-5508.8322?q=home
Upcoming signals, setups, etc will be related to this exchange!
If you want to move together with me, here’s the link to Deribit exchange: https://www.deribit.com/reg-5508.8322?q=home
Upcoming signals, setups, etc will be related to this exchange!
When is the perfect time to buy back XRP?
This was one of the questions you asked.
Currently, XRP is very close to the cheapest price it was in the last 3 years.
Will it get cheaper?
Maybe but we have very bullish formation right now because of 2 reasons.
1) It reclaimed broken support!
2) The invalidation area is pretty close so you can shoot your shoot on this one.
There are no fundamental reasons why this should go up but technically looking, it creates a setup that forces us to think to move up is a possible scenario.
This has the potential to go up as long as it is above the green area (Let’s say 2000 sats to give it a little bit space).
Close back below will invalidate everything and it can continue its bear cycle.
This was one of the questions you asked.
Currently, XRP is very close to the cheapest price it was in the last 3 years.
Will it get cheaper?
Maybe but we have very bullish formation right now because of 2 reasons.
1) It reclaimed broken support!
2) The invalidation area is pretty close so you can shoot your shoot on this one.
There are no fundamental reasons why this should go up but technically looking, it creates a setup that forces us to think to move up is a possible scenario.
This has the potential to go up as long as it is above the green area (Let’s say 2000 sats to give it a little bit space).
Close back below will invalidate everything and it can continue its bear cycle.
What about BNB, is it worth buying?
This is the question asked by one of our members and here’s my opinion on this coin.
Technically looking, this coin is very similar to XRP.
It lost support that was holding since September 2019 but in the recent price action that support was regained and now it looks pretty strong.
The first target is 0.0025BTC.
The invalidation area is close below the green area or let’s say the test of previous low because in that case, we do not know how low it will go because it has the potential to drop all the way down to 0.0012BTC.
It looks pretty solid because of the strength it showed in the recent price action but if you decide to buy, keep in mind target and invalidation area.
This is the question asked by one of our members and here’s my opinion on this coin.
Technically looking, this coin is very similar to XRP.
It lost support that was holding since September 2019 but in the recent price action that support was regained and now it looks pretty strong.
The first target is 0.0025BTC.
The invalidation area is close below the green area or let’s say the test of previous low because in that case, we do not know how low it will go because it has the potential to drop all the way down to 0.0012BTC.
It looks pretty solid because of the strength it showed in the recent price action but if you decide to buy, keep in mind target and invalidation area.
Risk on a scalp vs risk on a swing
How much should you risk on these two types of trades?
Should you risk less on a scalp?
These are the questions traders face with and as always, there’s no wrong or right answer.
I do risk less on the scalp than swing position because scalps are setups formed on lower timeframes which tend to have less confluence then trade setups on higher timeframes (daily/weekly).
How much should you risk is up to you.
What I prefer is from 0.5-1.0% of my account balance on scalps and 1-2% on swings.
This is what I use and that's my personal choice.
What you should use is up to you but keep inn mind that scalps can have a lot of fake signs because they form on lower timeframes which are loaded with manipulative signs that try to distract you from the general trend.
Because of that, keep your risk lower.
How much should you risk on these two types of trades?
Should you risk less on a scalp?
These are the questions traders face with and as always, there’s no wrong or right answer.
I do risk less on the scalp than swing position because scalps are setups formed on lower timeframes which tend to have less confluence then trade setups on higher timeframes (daily/weekly).
How much should you risk is up to you.
What I prefer is from 0.5-1.0% of my account balance on scalps and 1-2% on swings.
This is what I use and that's my personal choice.
What you should use is up to you but keep inn mind that scalps can have a lot of fake signs because they form on lower timeframes which are loaded with manipulative signs that try to distract you from the general trend.
Because of that, keep your risk lower.