Topic: PrimeXBT🔥Daily Trade Ideas 🔥FREE (Read 735 times)

Very simple thing from me and that’s to make sure you stay on with risk/money management, as it’s something that helps you in every situation that occurs. I believe these are far from easiest of stuff but very much doable IF we plan well. I only take 2-3% risk on trade, but yet I get good returns thanks to FreshForex with their 101% Tradable Deposit bonus addition, so in actual I have 2/3% risk, but with the total amount, it turns out to be 5% when looked at my actual investment.

I think when the cryptocurrency market is in the red zone and the price drops hardly, you should take buy order and wait for that moment when the price starts raising again to sell it. In such a way, you can earn on cryptocurrency much. But for this, you need to be more an experienced trader not to pass that moment when the price starts dropping again. You can get new skills in trading cryptocurrencies and fiat products on NewConsort platform developed especially for trading education and safe trading.

I am first a Forex trader, and doing it for last 7-8 years. So, Crypto trading comes easy for me. I don’t see any rocket science with it since I consider it all as common sense only.

It works with having good money management and then making sure you are aware of all Crypto News, as that’s where everything works out right. IF we are able to achieve that then only we are able to reach the destination we desire to reach up.

Pivot point based trading is always effective but you need to be sure considering longer time frame like you should not consider only yesterday's data for deriving your today's support and resistance levels but you must go for last week or last 3 to 5 days day to derive your support and resistance levels so that you may get accurate predictions.

I am just following candlestick pattern recognizing for my trading and I do trade occasionally hence I am not having any big trade ideas to share here.

Currently the price of BTC sideaway and in this situation the are 2 skenario,  the price will going up or down so its better waiting for next candle sticks so we can decide the price will uptrend or downtrend. Technical  analysis is work in trading but its never work  perpectly so risk management  by use stop loss is should to use always.

definitely people don't want to make a huge income by long term investing they need money every day that's why they are choosing the way of trading in short period of time Nike day trading this is the only reason that day trading will increasing very short time.

If you are capable to predicting daily support and resistance levels then you may go for daily trading. I tried with pivot pint analysis and it worked for few assets but on not regular basis. I mean I tried with bitcoin and ethererum but unable to get consistent results. I am still trying with my research to crack and catch exact turning points of markets.

Not really worth it if we have some a low amount money of the investment. To be honest i will try to trading with a Shitcoin, I have a good strategy trading with some shitcoin and the profit was really amazin 30-50% using a small capital.

Good point, you don't have to rush for great market moves, sometimes with leverage, it seems reasonable to take profits from quick scalp moves and short stop loss

Don't try to earn huge profit from day trading. You can start with a good amount of money. Just try to make 2-4% profit from it. After a month, you will able to see a huge profit. Buy coin at the time of dip and sell with high price if you want to trade for long term.

Check PrimeXBT video review

The support and resistance are holding tight on the 30mins time frame forming a rectangle bottom.
price trends downward leading to the chart pattern.
Prices have flat tops and flat bottoms, crossing the pattern from side to side following two parallel trendlines . Two horizontal trendlines bound price action. Price should touch one trendline at least three time and the other trendline twice (5-touch minimum) using distinct peaks and valleys. breakout upward 59% of the time. A break above the resistance will test the next resistance at $3475.
If price breaks the 1st support level , price will likely test the next support at $3435( a long position should be taken and moved back up to $3475.
Buy at the bottom trendline and sell at the top one, then reverse the trade.
Risk Disclaimer:
Trading cryptocurrency on margin carries a high level of risk(volatile), and may not be suitable for all trades who are yet to understand how to use STOP LOSS. The high degree of leverage can work against you as well as for you.
It is your responsibility to confirm if you want to take this trade or not. Trade only with risk capital; that is, trade with money that, if lost, will not adversely impact your lifestyle and your ability to meet your financial obligations.
If you do not fully understand these risks you must seek independent advice from your financial advisor.

That's why it seems reasonable to use the leverage provided by PrimeXBT platform to earn money even on a small market fluctuations

I think the trading of the day will not be good at this time. You can see, every day the price of big altcoins only fluctuates from 0.5% - 1.5%, which is too small to earn money.
In addition, there are many altcoins that are pumped quite high like BitTorrent, Grin, Bitnautic, ... but it also dramatically drops prices (you can refer to the price list right now).
So daily trading is now quite risky. little increase but much decrease. It is not our criteria, we should wait more.

When the price breaks a dead zone and the market is in the red zone, the best idea is to place a buy order and close the trade very quickly without waiting when the market occurs again in the dead zone.
How to specify a red zone? It's very easy. For this, you need to find a "dead zone" cryptocurrency pair. After this, you should draw a rectangle above the resistance and below the support. If you need to know more about the cryptocurrency market in the red zone, you need to know that NewConsort will soon launch a new education and trading platform, you can pick up a lot of interesting information about trading patterns.

Hi guys, how are you, many indicators, but you know that I think you must first understand the market, at this time the indicators do not apply, what I think is that Bitcoin is operating at this time many bots And the operators really hope they can buy cheaper, which I think due to the volume is that we are in the accumulation phase.

If we compare the downrate of bitcoins, we would expect a higher uprate as bitcoins always dump before they start pumping. This is expected several times since 2016 as bitcoins got huge importance after 2016 which made the price grow from that time. 2017 was been a great year in the history of bitcoins but in the upcoming future, we can expect some even more better pumps and the price for bitcoins would actually get to a instinct height which will make bitcoins most valuable.

for me, this risky daily trading in overcoming it we have to adapt to the market so that every time don't use the same method, once in a while you have to change the method you use even though it worked well before. this is also to add to our experience and knowledge when there are different market conditions

Your hope has become extinct, my friend ...
Bitcoin prices are falling this year. last year you had very good expectations, but in reality it wasn't what you expected. still be patient we have the same fate.

Whether we are hard or easy when trading will do everything to be the best strategy and follow the price increases to get good profits here in the trading day. I'm weak in trading but I just say trading if high volatility is good in trading process but also be careful because sometimes the volatility has dropped, so it's important to be careful not to lose anything.