For me, I can still trade short-term in a bullish situation like now, if we pay attention to Bitcoin and altcoins even though the price continues to rise.
But still every day moving up and down, from these price movements we can get a profit even though it is small. For example, I buy when Bitcoin
drops to $ 33,100 and I will sell when Bitcoin goes up to $ 33,500. Do this over and over again so you can make a sizable profit.
Topic: How to trade after all time high - page 5. (Read 892 times)
Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.
At that time we don't have any charts,so we should trade with the help of indicator only.....
That's really a great topic I was not really good in trading and I was curious if we are on the ATH what reference are we going to follow candlesticks? and other indicators? I'll be watching this thread and see if I could found some good answers that I could apply with my trading. At that time we don't have any charts,so we should trade with the help of indicator only.....
The whole idea is selling high and buying low, the strategy of those that trade 24/7 everyday may be different from mine, my own process takes longer and requires lots of patience, also there is no how good you are there will always be some losses
Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.
At that time we don't have any charts,so we should trade with the help of indicator only.....
Well obviously it is going to be dangerous, but do not forget if you buy at all time high now, you are going to be richer on the next all time high. People who said 20k was all time high and dangerous to buy at that level? Well they lost on 50% profit IN A MONTH, yes that's right, in a month bitcoin went from previous all time high price to 50% higher. So, do not forget that when you are trading.At that time we don't have any charts,so we should trade with the help of indicator only.....
Secondly never forget to use stop loss as well, that will help you a lot and that will be the savior when you are not on your computer, put up something like 25% on stop loss and you will be fine, if it goes more than 25% that means it is more likely that it is crashing, if it is not going up that much that kind of means you are not doing that bad neither. It is basically a protected stance on going higher, you buy now and you put stop loss and you just wait it out.
First of all, is doing research on how the market reacts and trend analysis.
Combine two indicators namely fibonacci retracement levels and the relative strength index (RSI) oscillator indicator. Fibonacci retracement to determine support and resistance levels, while the RSI indicator is the confirmation. This combination method can be applied to all trading time frames with a risk:reward ratio of at least 1:2.
Don't be greedy, doing it by your strategy, risk and money management.
Combine two indicators namely fibonacci retracement levels and the relative strength index (RSI) oscillator indicator. Fibonacci retracement to determine support and resistance levels, while the RSI indicator is the confirmation. This combination method can be applied to all trading time frames with a risk:reward ratio of at least 1:2.
Don't be greedy, doing it by your strategy, risk and money management.
Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.
At that time we don't have any charts,so we should trade with the help of indicator only.....
At that time we don't have any charts,so we should trade with the help of indicator only.....
In fact, everyone has their own way to calculate the price when a new ATH has been broken, of course one of the most frequently used ways is to use Fibonacci as a reference indicator that can calculate the distance, roughly where the price will be formed.
Next, we can make a trendline line according to the resistance that has been formed, of course this is also one of the things we need to do as aid to further support how much the movement will be formed in that position.
According to my experince, you should check the bitcoin dominance before taking any trade, as you know the whole crypto market depends on the movement of btc, so if you are trading in altcoins then you need to be on alert ,specially in today's condition, as in daily time frame , RSI is in overbought condition so we can expect a correction from here .
On the other hand we can expect a mini bull run in alts...
I would like to suggest you MACD indicator, while trading in all time high, that will be very helpful and prevent you from huge loss.....
On the other hand we can expect a mini bull run in alts...
I would like to suggest you MACD indicator, while trading in all time high, that will be very helpful and prevent you from huge loss.....
I'd rather not.
I am too pessimistic about what could happen.
After an ATH, it is prone to go higher because of the high.
Day trading won't work on this anymore. It would be better to let it marinate for a while and just take whatever profits you can have because of the pump.
Sell point is just too difficult to identify.
I am too pessimistic about what could happen.
After an ATH, it is prone to go higher because of the high.
Day trading won't work on this anymore. It would be better to let it marinate for a while and just take whatever profits you can have because of the pump.
Sell point is just too difficult to identify.
React accordingly is the best advice I could give you tbh. The market only moves up or down after all, and well, there were times when Bitcoin reached ATH and yet it still went up, and the same could be said for the opposite, so just react accordingly to whatever happens. Though tbh, I'd rather much wait for a correction to happen instead of reacting to what the market would do after an ATH, it's relatively safer even if you consider the profits you could've earned by shorting. Don't take unneeded/unnecessary risks if possible, and just look at it at the long term so that it's a lot easier to manage.
Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.
At that time we don't have any charts,so we should trade with the help of indicator only.....
At that time we don't have any charts,so we should trade with the help of indicator only.....
The only thing you can do to trade in the current situation is to buy low and sell high. But that will not as easy as it said because you need to find a low price, hold for a while, and sell at the high price. If the price can increase high, you will make a big profit, but you don't have to chase a big profit if the situations are not right because we can't expect the market to move higher as we want.
If the price is down to $32,500 or below that price, you can prepare to buy, but remember you don't need to buy instant and always make more than one order buying to prevent the lower price. After that, you can hold it for a while and be ready to sell if the price increase. If you can do that, I am sure you can make a profit. That is the basic lesson to trade at this moment.
Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.
At that time we don't have any charts,so we should trade with the help of indicator only.....
At that time we don't have any charts,so we should trade with the help of indicator only.....
Indicators didn`t work at long time run, so they will not give you effective points of entering into position (long or short no metter). I advice you to study technical analysis, but not from youtube bloggers, but from best traders in the world like Soros, etc.
And I can also say, that not all technical analysis also works, but some mechanism from it works, and they didn`t changing last 50 years at any markets, including trading stocks, commodities etc.
Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.
At that time we don't have any charts,so we should trade with the help of indicator only.....
At that time we don't have any charts,so we should trade with the help of indicator only.....
after reaching the new all time high then that is the last point of a trader, there really is no resistance, there is only support,
when the bitcoin price breaksout at $ 20.2k what happens is the Bitcoin price goes up to $ 23k, easily, and forms resistance there ,
there are many time frames, resistance can form at 15m-1d. and if you can read that then I believe you can trade with it and know when it's time to sell.,
Actually It's quite hard to trade with profit when price doesn’t fall for a long time. But you can trade in high price. When price falls for short time you should buy and sell in a higher price. You have to assume the price how down it will fall than just simply place and buy order at that rate.
Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.
At that time we don't have any charts,so we should trade with the help of indicator only.....
As of now, trading is not going to be profitable, so just holding until you see the dump is the way of trading now which can generate some profits.Bitcoin is going unstoppable even after reaching 30K, now the price is over 31,200 dollars and still no sign of dip.Just HODL is the strategy now. At that time we don't have any charts,so we should trade with the help of indicator only.....
Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.
At that time we don't have any charts,so we should trade with the help of indicator only.....
At that time we don't have any charts,so we should trade with the help of indicator only.....
It's too risky to trade after ATH of any tokens in crypto market but if you have enough knowledge in trading and you know some indicators of the coins you want to trade, then, it is still good to trade for short term with small profit. Trading anytime is good despite of ATH as long as you know what you are doing in trading.
Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.
the first thing you have to do is which direction your money will be channeled, indeed seeing the current situation of bitcoin is very high and you can not predict when it will experience a major correction. quite difficult. Then look at CoinMarketCap, at least the first 10 lines, and make sure you invest your money at the correction point, even if the correction is not big.
Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.
At that time we don't have any charts,so we should trade with the help of indicator only.....
At that time we don't have any charts,so we should trade with the help of indicator only.....
You need to understand what you want. trading bitcoin has nothing to do with its all time high prices or all time low prices because you trade with an aim of certain percentages profits daily. While you should never buy green candles either it is an all time high or bull price.
Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.
At that time we don't have any charts,so we should trade with the help of indicator only.....
No, since you are not yet familiar with the market and how it works, I have not to suggest you make a trade. You'll be taking the high-risk and I am afraid that you can't afford to manage your emotions especially when the market dumps after you start. At that time we don't have any charts,so we should trade with the help of indicator only.....
Don't push yourself into trading, don't be a FOMO, you can still make a trade but not this time. The market correction could somewhat be happening next, not know when but this is not a good idea to enter the market during highs.
There is still a chance when everything reaches ATH, you just need to pay attention to which coins you want to trade, of course, all of that need analysis and indicators that you understand or master.
Even I make short-term trades it is much safer with small profits with fast movements we will know about the indicators of some coins that are being traded, sometimes this is complicated for beginners but still you have to do it for experience, but I think ATH still reliable in trading I'm sure the current bullrun will continue.
Even I make short-term trades it is much safer with small profits with fast movements we will know about the indicators of some coins that are being traded, sometimes this is complicated for beginners but still you have to do it for experience, but I think ATH still reliable in trading I'm sure the current bullrun will continue.
Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.
At that time we don't have any charts,so we should trade with the help of indicator only.....
At that time we don't have any charts,so we should trade with the help of indicator only.....
Give up on shorting. As a matter of fact, I don't sell spot coins at all during this stage of the bull market either. It's all about finding good value (risk vs. reward) longs, taking profit, waiting out corrections, rinse and repeat.
During a pullback, anticipate support at previous pivots and consolidation areas, commonly used MAs (20-period, 50-period, and so on), and expect oversold indicators to signal "buy the dip" moments due to the overwhelmingly strong higher time frame uptrend.
Bullish consolidations, sideways with higher low structures......these are attractive places to go long since you can keep relatively tight stops below downside pivots, but the upside is ridiculously large.
Trading with huge reward vs. risk and staying on the right side of this powerful trend is the way to trade this market. Just don't be greedy; take profits and use stop losses religiously.
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