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Topic: I'm a full-time crypto trader. Here're my recent trades & answers to questions - page 13. (Read 5486 times)

member
Activity: 434
Merit: 34
ETH is doing well after a couple of weeks in September. If crossing $225 or $200 levels the bullish and bearish rallies are likely to start accordingly.

Pay attention to $270 level. This level might be fateful for ETH.

member
Activity: 434
Merit: 34
BTC is still acting in the range below $10060 and above $9870 levels. The market state is  extremely suitable for diapason trading. Just closed by short position with 115 points of profit.

member
Activity: 434
Merit: 34
Look at that lines that so accurately give signs for the trades. opened a short after the failure to break a strong resistance followed by two support lines broken. That brought 80 points of the profit.

Looking forward to the market reaction at Bakkt.

member
Activity: 434
Merit: 34
member
Activity: 434
Merit: 34
The TOP10 assets from CoinMarketCap, except for Stellar (XLM) and USDT, are in the red zone currently.

Shorted ETH successfully in this strong bear rally after $210 support breakout.



Well, first of all, I rather associate a strong price movement with the triangle pattern, but there were no signs about the direction. The news on China probably acted as a trigger but not the major one. This is just for your info and for the future. The first piece of information is not a reason but a consequence of the strong movement.
member
Activity: 210
Merit: 13

🔻News from China. The mining industry might be banned in the country. Boom!


How do you correlate that news with the price drop?  Is it just your guess or is there solid proof?
 Smiley
member
Activity: 434
Merit: 34
The TOP10 assets from CoinMarketCap, except for Stellar (XLM) and USDT, are in the red zone currently.

Shorted ETH successfully in this strong bear rally after $210 support breakout.

member
Activity: 434
Merit: 34
The triangle formation is perfect at #BTC futures chart. Waiting for a strong move up or down.



This worked. BTC lost $500 in an hour after an accurate triangle formed.

🔻This resulted in the liquidation of long positions on  BitMEX for a total of $154.7 million.

🔻News from China. The mining industry might be banned in the country. Boom!



member
Activity: 434
Merit: 34
The triangle formation is perfect at #BTC futures chart. Waiting for a strong move up or down.

member
Activity: 434
Merit: 34
The mood of the day:

While a trailing stop cares about the rest of my ETH position, the only thing I care about is the amazing lakes of Croatia.

Reloaded.

member
Activity: 434
Merit: 34
Closed a half of ETH long. Looking for the targets 1-2. Anyway, put a trailing stop due to uncertainty.
Btw, this is a perfect illustration of a general market rule that a strong trend often beats a horizontal level. But it depends. Look straight in the orderbook.

member
Activity: 434
Merit: 34
A range of $10200-$10450 lasts for about 4 days already. Good diapason trading opportunity. If white levels are broken the price is likely to meet the following substantial levels as targets.

member
Activity: 434
Merit: 34
Successful trading is like getting pregnant... Everyone congratulates you when you manage it but no one asks how many times you got fucked first.

That's the most correct information I've ever heard
words that make sense  Cheesy
btw, thank you for the information you shared, I followed all the information and chart you provided,
very recommendations to be used as a reference, high quality.

Thanks! Try to do it so.
member
Activity: 434
Merit: 34
Indeed it is so. As for the banks and governance stuff.. Probably my grandchildren will enjoy the outcomes but I even not sure lol

Fortunately, I won't (well never say never but I'm somewhat running out of time haha) have that worry biologically, but yeah there are enough in the next generation for me to worry about and I do fear for their futures if they themselves don't take control, hence the reason I'm getting the teens under my care to slowly get exposure to bitcoin, but yeah. I'm not even sure they can enjoy the outcomes, but as much as I am able to prepare alternatives for them, I will.

As for BTC & pension, this is not that general tendency, but it is rather about the USA.

At least for our generation, sure! I'm not sure it can always be so after this lifetime. Things have changed so drastically with monetary structures in the last 5 decades, I cannot imagine what another 50 will look like.



Feel the same man.
As for teens, it will be their choice, we are here for introduction role huh

Looks like each time the development becomes more and more abrupt. It is out of our mind I guess, that's normal
legendary
Activity: 2968
Merit: 3684
Join the world-leading crypto sportsbook NOW!
Indeed it is so. As for the banks and governance stuff.. Probably my grandchildren will enjoy the outcomes but I even not sure lol

Fortunately, I won't (well never say never but I'm somewhat running out of time haha) have that worry biologically, but yeah there are enough in the next generation for me to worry about and I do fear for their futures if they themselves don't take control, hence the reason I'm getting the teens under my care to slowly get exposure to bitcoin, but yeah. I'm not even sure they can enjoy the outcomes, but as much as I am able to prepare alternatives for them, I will.

As for BTC & pension, this is not that general tendency, but it is rather about the USA.

At least for our generation, sure! I'm not sure it can always be so after this lifetime. Things have changed so drastically with monetary structures in the last 5 decades, I cannot imagine what another 50 will look like.

sr. member
Activity: 2338
Merit: 365
Successful trading is like getting pregnant... Everyone congratulates you when you manage it but no one asks how many times you got fucked first.

That's the most correct information I've ever heard
words that make sense  Cheesy
btw, thank you for the information you shared, I followed all the information and chart you provided,
very recommendations to be used as a reference, high quality.
member
Activity: 434
Merit: 34
Took advantage of the low volatility!

Flying upper and upper above the fields of Europe.  Looks like my own volatility is better than the one of crypto market 😂

Sometimes it's better to get a rest a bit from trading to have a jackpot later! Enjoy your weekends! 🥂

It is exactly what I miss in trading. I trade too much and sometimes even wake up at night to check positions, so I need a reload like you did)

Do you trade for a long time?
Experienced this as well. When I feel I overtrade, I try to see the market as a constantly moving nature (it is so!) and at the same time, I see myself as a limited engine. Thus, try to distribute the resources in an appropriate way. You won't need even a huge sum of money you gain if you totally have no time to spend it.
Good luck!
member
Activity: 434
Merit: 34
Yeah, I do follow the orderbook dynamics, chart and volumes.. Anyway, the sentiment has an impact as well, imo. It is reflected in the price as a complex of factors. Sometimes it is already discounted by the price. Sometimes it is still a trigger or a hint for trader. Stay informed but use the facts wisely.

I definitely like taking sentiment over TA (even if the latter can be slightly more entertaining) but all the same I don't think in the case of dovish central banks, the purported rush to buy up Bitcoin is happening or going to happen (soon).


Indeed it is so. As for the banks and governance stuff.. Probably my grandchildren will enjoy the outcomes but I even not sure lol

Sure, there's no more incentive even in the EU now to keep savings. But I can't see people with savings (my generation and older) withdrawing and closing pensions to buy... Bitcoin.

As for BTC & pension, this is not that general tendency, but it is rather about the USA.

A hint for traders I agree. But not much they can do about the hint unless they're in the very, very long game.

++
Anyway, it depends...
legendary
Activity: 2968
Merit: 3684
Join the world-leading crypto sportsbook NOW!
Yeah, I do follow the orderbook dynamics, chart and volumes.. Anyway, the sentiment has an impact as well, imo. It is reflected in the price as a complex of factors. Sometimes it is already discounted by the price. Sometimes it is still a trigger or a hint for trader. Stay informed but use the facts wisely.

I definitely like taking sentiment over TA (even if the latter can be slightly more entertaining) but all the same I don't think in the case of dovish central banks, the purported rush to buy up Bitcoin is happening or going to happen (soon).

Sure, there's no more incentive even in the EU now to keep savings. But I can't see people with savings (my generation and older) withdrawing and closing pensions to buy... Bitcoin.

A hint for traders I agree. But not much they can do about the hint unless they're in the very, very long game.
member
Activity: 434
Merit: 34
Finally, it went out of the range. Managed to catch it at the retest almost at a $10200 level. After 2 attempts to break the second resistance closed a half (general rule of mine) and then managed to gain some more at the long-awaited but weak breakout.

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