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Topic: I'm a full-time crypto trader. Here're my recent trades & answers to questions - page 2. (Read 5487 times)

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Activity: 434
Merit: 34

Guys, looks that one more impulse is coming on $BTC

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Activity: 434
Merit: 34
May i ask what is your strategy with the current market action it seems that Bitcoin is forming a bearish pattern and had a lower high. Currently it is broke down to $7200 and is now trading at $6800-$6900 i thought that it would go even lower. Does this indicate that Bitcoin price has officially bottomed, is this a good time to long a position ?

Sorry I was out of social media for some days. Well, we can discuss a current market state and possible setups

On 15M chart the price entered a downwards channel after a sharp decrease. $7690 is the key level of indecision. I marked the target prices in the short term for both scenarios on the char

I'd open a trade after breakout or rebound of $7690 lvl

sr. member
Activity: 1400
Merit: 269
May i ask what is your strategy with the current market action it seems that Bitcoin is forming a bearish pattern and had a lower high. Currently it is broke down to $7200 and is now trading at $6800-$6900 i thought that it would go even lower. Does this indicate that Bitcoin price has officially bottomed, is this a good time to long a position ?
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
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Activity: 434
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Looks like an illustration from TA manual
But wait? It's a live BTC chart!
Holding short term long (entered at double bottom)

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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.
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cut you losses first! this is my rule

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.

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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.

hero member
Activity: 2212
Merit: 805
Top Crypto Casino

Been following you since the start of the year. It's looking really good for you already this year. 6+ BTC in profits goes to show that you know what you're doing and you know your onions very well. Keep it up as we enter into Q2. I've been inactive in the trading space due to school and other activities but we're on break at the moment so I have more than enough time to monitor trades. I look forward to seeing your new trades and ideas. Kudos to you.



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?

Definitely. It should turn out to be a good investment to both swing and long term traders. Day and short term trend can benefit too by taking advantage of bitcoin's volatility – The price  can drop 10% and rise back 11% in a single day.
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Activity: 434
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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


> 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
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Activity: 434
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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.
sr. member
Activity: 980
Merit: 260
Thanks for running this AMA, glad to see that some seasoned traders still frequent the forum.

I've got my own question if you don't mind.

Can you tell me the key indicators you use to determine when the overall market has turned bullish?

Thanks!
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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
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Merit: 34
Look what we have for now. BTC is getting better.
Will monitor to close the second half of the position.

Managed to catch it? The impulse was quite predictable (see the latest post)






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.
member
Activity: 434
Merit: 34
Look what we have for now. BTC is getting better.
Will monitor to close the second half of the position.

Managed to catch it? The impulse was quite predictable (see the latest post)

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.
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