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Topic: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month - page 5. (Read 10845 times)

member
Activity: 434
Merit: 34


After bearish impulses on the 20th of April, BTC price got stuck on the range of $6800-$6900. From the first sight, a rising wedge is being formed (opend a long indide it).
In case of returning back to wedge the price may drop to its lower border and then to $6800 and below. However, if the price manages to cross $6960 level, the next target price is $7000 and above
hero member
Activity: 1680
Merit: 583
xUSD - The PRIVATE stable coin - Haven Protocol
Looks like an illustration from TA manual
But wait? It's a live BTC chart!
Holding short term long (entered at double bottom)

beautiful boy names with meaning

Now it’s a tripple bottom
I think that this can fall more than once from now
I will open a short from 6723,5
member
Activity: 434
Merit: 34
Looks like an illustration from TA manual
But wait? It's a live BTC chart!
Holding short term long (entered at double bottom)

beautiful boy names with meaning
member
Activity: 434
Merit: 34


After a decrease on the 10th of April, BTC price fluctuated within a range above $6760. Now the upper border is broken ($6950) and the price continues to grow. The next target points are $7100 and $7250.
member
Activity: 434
Merit: 34
Do you know the difference between a successful trader and a loser?
The way they deal with trading losses. Any trader has losses. What is important is to work on your losses. Read an article to get the tips on how to handle losses like a pro:
https://bitinsure.com/blog/how-to-deal-with-losses-in-trading/

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Activity: 434
Merit: 34
Congrats with the bull sentiment 🤑🤑 but wait..
Personally, I see short opportunities in diapason trading and a retest pattern. Still holding short position.

member
Activity: 434
Merit: 34
$6850 is broken. At the chart is presented my vision of how I see the key levels

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Activity: 434
Merit: 34
XBTUSD price recently broken the key level of $6380 and left the white diapasn expiriencing bearish tendency. However, the price consolidated and went back to the previous diapason from the green zone, retesting the level.

member
Activity: 434
Merit: 34


Fear&Greed index fell to extremum of 10. I remember this level as of December, 2018 when BTC dropped to $3200.

Looks like a good chance for long-term investment. What would you say?

member
Activity: 434
Merit: 34
Still negative trends to combat and overcome I think.    We have momentum but if lost it can look alot more negative and the top prices are still complying with old downward trends.   It might beat in time but before then probably its still going to show up as negative and scare more people.



So I still imagine the weekend can drift and we might break either one of these relatively short term measures, but the recovery now has the challenge of maintaining speed and not stalling.   It'll splutter a bit at the least over the weekend, back into 5000's and we'll see how Monday goes is one way it can easily play out without any bearish opinion required.  More work to do besides just a simple bounce.

Why its showing a big red bar just this moment I'm not clear on but I think the chart is part of the setup for any sell, profit taking or whatever.

Reasonably. We'll see on Monday, yeap.
member
Activity: 434
Merit: 34


> RESULTS Q1 2020 <
Mostly traded futures on Bitmex
+6 BTC profits for March

I appreciate my trading rule to take away a fixed part of the profits to convert them into other assets. This is the way to diversify your portfilio and avoin losses

STAY HOME&TRADE
STT
legendary
Activity: 4102
Merit: 1454
Still negative trends to combat and overcome I think.    We have momentum but if lost it can look alot more negative and the top prices are still complying with old downward trends.   It might beat in time but before then probably its still going to show up as negative and scare more people.



So I still imagine the weekend can drift and we might break either one of these relatively short term measures, but the recovery now has the challenge of maintaining speed and not stalling.   It'll splutter a bit at the least over the weekend, back into 5000's and we'll see how Monday goes is one way it can easily play out without any bearish opinion required.  More work to do besides just a simple bounce.

Why its showing a big red bar just this moment I'm not clear on but I think the chart is part of the setup for any sell, profit taking or whatever.
member
Activity: 434
Merit: 34


This is how I see BTC dynamics for now. The price now is moving inside the channel (diapason trading opportunities) with the upwards trend inside.

Ready to open long on confirmation and monitor the key level of $6850.
legendary
Activity: 3052
Merit: 1273
I have tried many times. But I'm not as lucky as you. I lost all my BTC by trading. Which was the biggest mistake of my life. But now I am trying to gain knowledge about trading well. That might help me in the future. However, it is not possible to quit my job and trade in the position I am in. So full time job good option for me.

I think everyone in the merry world is free now as they've got a work from home possibility for all types of jobs (except the ones that are managed by manpower like Hotels, food deliveries, car washing, etc.) and for the exceptions mostly, I see more of an opportunity to read and understand the charts very well and spot some opportunities which knock during day trading.

@Op, if BTC falls below $3k, is there a possibility that it'll rebound from $2560? I saw it as a dream and couldn't believe the next day it literally fell down to $3700 on many exchanges.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
I have tried many times. But I'm not as lucky as you. I lost all my BTC by trading. Which was the biggest mistake of my life. But now I am trying to gain knowledge about trading well. That might help me in the future. However, it is not possible to quit my job and trade in the position I am in. So full time job good option for me.
member
Activity: 434
Merit: 34
upload your pictures

The falling wedge pattern worked well today for BTC price. The impulse was followed by a retest and further upwards movement. Now the price is being consolidated

Caught the retest move Cool
legendary
Activity: 1932
Merit: 1005
i try trading a lot of times but i am just not lucky with it , better for me to just keep my fulltime job , but hope the best for you
member
Activity: 434
Merit: 34


After a sharp drop BTC price experienced a correction that formed recently a triangle pattern. One more price impulse. Target levels are:
- Bullish: $6000-$6750
- Bearish: $4940-$3000

50MA is still below 100MA, so, the trend os rather bearish for now.
full member
Activity: 2520
Merit: 204
Georgia, Gudauri

Shorting crypto in the mountains is amazing. BTC is now in correction, so I check my stops between boarding times

Are you in short or long?

i am for Long but depend in market situation,i can hold for long time but also i can withdraw in shorter time.
for me Investing here is just a waiting game and nothing more,i can take the waiting and also accumulate for short term.
for me the most important thing is not to panic and never go with the weak hands investors.but what made me amazed is the capacity to earn 12 BTC in just a month,how great life must be if i can also do the same thing now before the price goes even higher soon.
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