Shorted after a bearish reversal pattern
110 patterns reward
The pattern is broken down:
Topic: I'm a full-time crypto trader. Here're my recent trades & answers to questions - page 12. (Read 5486 times)
September 28, 2019, 08:17:51 AM
BEARISH ENGULFING
Shorted after a bearish reversal pattern
110 patterns reward
The pattern is broken down:
Shorted after a bearish reversal pattern
110 patterns reward
The pattern is broken down:
September 27, 2019, 07:35:10 PM
A trader will have to keep in mind that its volatile market so don’t give your profit to other just for making panic selling. Keep patience so your profit will not go to any exchange but will remain in your wallet which can be store by you, to should not give up as always there is another way. Trading is really reliable so better don't quit your job you can carry both at the same time.
Besides that, a trader should know how to anticipate if the market is running in out of expectations. It is hard to be a day trader because that will need to learn so many lessons to analyze the market. Sometimes you will find no signal in the market at one point, so that means, you need to leave the market for a while.
I agree that if someone already has a job in real life and he wants to learn about trading, and he succeeded with his trading, it's better to stay with those 2 jobs. He can make more income from those jobs, and he can also save money for his life.
Here it is what I got:
It seems the price wants to break the higher price and bitcoin price already did that. The price now has increased to more than $8100, according to Bittrex. Although the red candle still appears, we have a chance to see the candle will change into green in the next week and I want to wait for more.
September 27, 2019, 11:15:14 AM
The 200-day MACD crossed may mean a new venue.
This is already reflected in extreme fear index that is 24 already.
P.S. Note that a sharp drop occurred on the eve of the $BTC options expiration on Deribit and LedgerX, and also CME futures.
This is already reflected in extreme fear index that is 24 already.
P.S. Note that a sharp drop occurred on the eve of the $BTC options expiration on Deribit and LedgerX, and also CME futures.
September 27, 2019, 10:34:37 AM
Yeah. And another $77 million worth of BTC long contracts liquidated on BitMEX today
What is happening with those? Where did the money go to? Is it just being moved to a different exchange? 
September 27, 2019, 10:01:29 AM
Just closed the short after the price reached $8,000 level and then crossed it several times.
The level the price fluctuates currently is substantial not only technically, but also psychologically.
There is a strong sell pressure by the bears and the institutional investors are testing the price velocity before deciding the direction of the main trend IMO. These price levels act as a support level which can turn to the resistance in case of continuation of the downtrend. From a psychological point, the panic selling has not started yet and if emotional traders accelerate the market speed this will likely turn to similar downfall cases happened before 2017. What do you guys think about the next move by the institutional investors and financial markets-crypto related hedge funds? The level the price fluctuates currently is substantial not only technically, but also psychologically.
September 27, 2019, 07:12:18 AM
Just closed the short after the price reached $8,000 level and then crossed it several times.
The level the price fluctuates currently is substantial not only technically, but also psychologically.
The level the price fluctuates currently is substantial not only technically, but also psychologically.
September 27, 2019, 03:48:09 AM
BTC continues to fall below the $ 8000 price level. Do you think it is similar to the case last year, when BTC accumulated in the $ 6000 resistance line before falling 50% in a few days later? So this time we can wait BTC at 5k $ price?
Crossing $8000 was a significant move in terms of psychology. The sentiment is changing at a fast pace. For now we cannot judge for sure but the movements indeed look like the ones of the previous year
However, currently thy price is consolidated. Thus, let us wait for the next steps
September 27, 2019, 03:38:39 AM
OMG
Bitcoin collapses =(
The rate fell by a thousand dollars per day ...
Bitcoin collapses =(
The rate fell by a thousand dollars per day ...
Yeah. And another $77 million worth of BTC long contracts liquidated on BitMEX today
September 26, 2019, 11:12:28 AM
BTC continues to fall below the $ 8000 price level. Do you think it is similar to the case last year, when BTC accumulated in the $ 6000 resistance line before falling 50% in a few days later? So this time we can wait BTC at 5k $ price?
September 26, 2019, 08:54:51 AM
OMG
Bitcoin collapses =(
The rate fell by a thousand dollars per day ...
Bitcoin collapses =(
The rate fell by a thousand dollars per day ...
September 26, 2019, 07:47:39 AM
What do you use to monitor (or understand) the hash rate info ?
Also Mark, a few weeks ago you posted a link to a Fear & Greed index (or the fancy term is the Multi-factorial Crypto Market Sentimental Analysis), and I bookmarked that link. Looking at it the past day or two, it has been waaaay far on the Fear side.
Also Mark, a few weeks ago you posted a link to a Fear & Greed index (or the fancy term is the Multi-factorial Crypto Market Sentimental Analysis), and I bookmarked that link. Looking at it the past day or two, it has been waaaay far on the Fear side.
Well, were is the site I use to monitor hashrate:
https://www.blockchain.com/ru/charts/hash-rate
As for the public sentiment and price, that's a complicated issue. The BTC price drop might be triggered also by the huge sales of risky assets traditional markets in terms of macroeconomic instability and the start of Trump impeachment .
September 25, 2019, 11:24:01 AM
What do you use to monitor (or understand) the hash rate info ?
Also Mark, a few weeks ago you posted a link to a Fear & Greed index (or the fancy term is the Multi-factorial Crypto Market Sentimental Analysis), and I bookmarked that link. Looking at it the past day or two, it has been waaaay far on the Fear side.
Also Mark, a few weeks ago you posted a link to a Fear & Greed index (or the fancy term is the Multi-factorial Crypto Market Sentimental Analysis), and I bookmarked that link. Looking at it the past day or two, it has been waaaay far on the Fear side.
September 25, 2019, 09:41:57 AM
Hi bro! Do you provide any free signal for Bitmex?
Hey man!
This channel is rather educative, sometimes I post online trades. This is to discuss mostly
Probably I will later
September 25, 2019, 09:40:23 AM
Mark, what do you think of BTC's recent price drop? It went down like $1500 in 24 hours, which is not too far out of the ordinary but it did coincide with the release of BAKKT and the price drop felt a bit exaggerated and stronger than in recent weeks. Where do you think BTC is headed next? It looks like a fully developed downward channel is clearly formed but will it bounce back above $10,000 any time soon? It seems odd that the price would fall like this since Bakkt just went online with future trading and everything else surrounding the Bakkt hype.
Are there any other strong news leads that you are hearing of lately?
Are there any other strong news leads that you are hearing of lately?
Well, even though it was the largest intraday drop since January 2018 (18% on Tuesday), the market does not look dramatic. The $8000 level is not reached, and the price starts the correction.
The catalysts for the plunge, imo, seems to be the complex.
1. Tech analysis. The triangle was broken out (look at the chart
2. Technical issues. Sudden network hash rate drop
3. Bakkt underwhelming launch that is a good illustration of “buy the rumor, sell the news
But it's substantial not to judge basing on launch day trading activity. Bid for the price growth
September 25, 2019, 08:38:37 AM
What is your biggest profit in 24 hours?
September 25, 2019, 07:35:33 AM
Hi bro! Do you provide any free signal for Bitmex?
September 25, 2019, 07:17:27 AM
The other half is closed!
That was a cool short opportunity but currently overall market is rather positive. Even though some altcoins lost ~30-50% along with BTC drop, the hashrate is increased and the price is likely to recover!
That was a cool short opportunity but currently overall market is rather positive. Even though some altcoins lost ~30-50% along with BTC drop, the hashrate is increased and the price is likely to recover!
September 24, 2019, 04:27:18 PM
Mark, what do you think of BTC's recent price drop? It went down like $1500 in 24 hours, which is not too far out of the ordinary but it did coincide with the release of BAKKT and the price drop felt a bit exaggerated and stronger than in recent weeks. Where do you think BTC is headed next? It looks like a fully developed downward channel is clearly formed but will it bounce back above $10,000 any time soon? It seems odd that the price would fall like this since Bakkt just went online with future trading and everything else surrounding the Bakkt hype.
Are there any other strong news leads that you are hearing of lately?
Are there any other strong news leads that you are hearing of lately?
September 24, 2019, 02:50:51 PM
Caught that!
909 points won from half of the trade
909 points won from half of the trade
September 24, 2019, 04:34:49 AM
Shorted it again immediately after the range border is broken. Looks like new a diapason is coming...
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