Crypto-trading
Bitcoin VS Psychology of a market cycleHello Traders and Investors. I hope you are doing well.
Let's start with the local analysis. On the Bitcoin chart, we got a strong impulse growth, the price came to the level of $19k. And a lot of people have a question: "Has the bull run started? ".
On the technical analysis side, there are two very strong resistance zones ahead. And a very important high is $21,473. Only after updating this high the downward structure will be broken and the road to $28k-32k will be opened.
At the moment I see a huge positive in the market and that worries me a bit.
I want to finish this idea by comparing the Bitcoin price and the cyclical market psychology chart. Take a look and compare, it will help make a long-term plan.
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StaFi : ARE WE GOING TO SEE NEW ATH 2023This coin has got our interest since some patterns change on-trend.
There is a good possibility this coin going to show an unexpected whale increase since the last data.
We will follow the coin to see if it can get confirmed.
At last, it will stay very interesting.
We had before on this coin a trend pump from $0,48 to 4 USD
BTC Ascending TriangleWhat is an Ascending Triangle? The ascending triangle is a bullish continuation pattern and is characterized by a rising lower trendline and a flat upper trendline that acts as support. This pattern indicates that buyers are more aggressive than sellers as price continues to make higher lows. However with this said we had a weekly and daily bullish div but haven't seen a massive push could see us forming a bearish div on daily, see us dropping to 12.5k and then forming a new daily bullish div which would continuate the weekly div making lower lows on the chart before bouncing into maybe the next bull run.
Buying Gold Right Now Good or Bad ?The metal have just reached the highest point in the last 6 months , and powell speech insisted to keep rising the interest rate if the high inflation keep going up , and all investors are waiting the consumer price index thursday , my opinion they will rise the CPI tomorrow , so the dollar can recover against the six foreign currencies . So no trades till releasing the CPI .
Have a Great Day .
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WINGUSDT (1D Chart)WINGUSDT (1D Chart):
Currently trading at $0.003804
Buy level: Above $1.79
Stop loss: Below $4.96
TP1: $6.52
TP2: $8.45
TP3: $10.60
TP4: $12.38
TP5: $14.20
Always keep Stop loss
Volume /24H IS $27,009,663 - (3374.94%)
HUGE PUMP IS COMING
Coin on volume. Bounce from the resistance zoneWe observe strong growth in the asset. It is traded on increased volumes. Bitcoin has passed to a strong resistance level, can spill the entire market. Also our asset in the sellers area on a round number. Candles are closed with shadows, buyers have little strength. I expect a rebound from the level. Target - PoC volumetric level
REN: VOLUME CHANGE $0,10 This coin did show before a breakdown trend and depending on some order transactions but with market orders, it did 15% into an uptrend.
The big question is are this coin going to trend further to the critical $0,10 or it's going to break down?
Depending on the data it seems this coin has the right volume, it's only the question of which side this volume will be used as market trades playing also an important trend.
There is no a confirmation for downtrend and before also not, there were only high signals that this coin was able to breakdown, but how the market seems now it can still move to $0,10
it will stay an interesting coin depending on the volume out of it will break out further or return to the price action.
It's important to follow the last trends of markets as markets change with time.
This is not trading advice, this is only a view of how the market can play coming times.
# the volume of this coin is for the most part a market order volume ( directly entering), which means a trend volume. the reason for this is unexpected, with the time frame we could see if this volume can get confirmed to real breakout.
REN : BREAKDOWN VIEWREN seems to enter a new breakdown trend.
we will follow this coin for confirmation if there are new confirmations coming.
A study on this coin shows that there is a good possibility this coin is going to break down.
Same time it's breaking down at an important level.
BTCUSDMID TERM Expectations
Well Lets I give you my medium-term expectations. I do not believe that we have passed the bottom. There are several factors for this, ranging from economic to on-chain analytics.
Unfortunately, I can't attach the data on the on-chain indicators, but trust me, we have a stronger congestion than when we fell from 21500 a couple of months ago.
On the geopolitical side, in our world there is a large-scale war in the center of Europe that will require large cash infusions, an aggravation of the confrontation between China, the United States, and Iran, which is trying to develop nuclear weapons as soon as possible. All this is reflected in the fear of large players to buy.
In my opinion, the rate hike will last a couple more months until March, where the Fed will change its shoes as always, and we will see a huge injection of funds to support Ukraine and after the war and rebuilding (look at how the EU fought the recession in 2008) they poured huge funds into development of Turkey, built autobahns to create jobs, the same thing will happen with Ukraine. We will see a rapid reversal and exponential growth closer to summer.
The technical picture also looks like this: trading above 17800 on the daily timeframe is equal to a strong cancellation of the scenario at least to the 19300 zone, a fall from the current ones or through 17200-17300 is an ideal outcome for continuing the fall.
My goals for starting a position start at $14,000 and end at $9,800.
Think with your head and have a nice weekend
STOP LOSS TRADING STRATEGY!Hi guys, This is @CRYPTOMOJO_TA One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
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Hey traders,
In this post, we will discuss 3 classic trading strategies and stop placement rules.
1) The first trading strategy is a trend line strategy.
The technique implies buying/selling the touch of strong trend lines, expecting a strong bullish/bearish reaction from that.
If you are buying a trend line, you should identify the previous low.
Your stop loss should lie strictly below that.
If you are selling a trend line, you should identify the previous high.
Your stop loss should lie strictly above that.
2) The second trading strategy is a breakout trading strategy.
The technique implies buying/selling the breakout of a structure,
expecting a further bullish/bearish continuation.
If you are buying a breakout of resistance, you should identify the previous low. Your stop loss should lie strictly below that.
If you are selling a breakout of support, you should identify the previous high. Your stop loss should lie strictly above that.
3) The third trading strategy is a range trading strategy.
The technique implies buying/selling the boundaries of horizontal ranges, expecting a bullish/bearish reaction from them.
If you are buying the support of the range, your stop loss should strictly lie below the lowest point of support.
If you are selling the resistance of the range, your stop loss should strictly lie above the highest point of resistance.
As you can see, these stop-placement techniques are very simple. Following them, you will avoid a lot of stop hunts and manipulations.
What Is a Stop-Loss Order?
A stop-loss order is an order placed with a broker to buy or sell a specific stock once the stock reaches a certain price. A stop-loss is designed to limit an investor's loss on a security position. For example, setting a stop-loss order for 10% below the price at which you bought the stock will limit your loss to 10%. Suppose you just purchased Microsoft (MSFT) at $20 per share. Right after buying the stock, you enter a stop-loss order for $18. If the stock falls below $18, your shares will then be sold at the prevailing market price.
Stop-limit orders are similar to stop-loss orders. However, as their name states, there is a limit on the price at which they will execute. There are then two prices specified in a stop-limit order: the stop price, which will convert the order to a sell order, and the limit price. Instead of the order becoming a market order to sell, the sell order becomes a limit order that will only execute at the limit price (or better).
Advantages of the Stop-Loss Order
The most important benefit of a stop-loss order is that it costs nothing to implement. Your regular commission is charged only once the stop-loss price has been reached and the stock must be sold.
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One way to think of a stop-loss order is as a free insurance policy.
Additionally, when it comes to stop-loss orders, you don't have to monitor how a stock is performing daily. This convenience is especially handy when you are on vacation or in a situation that prevents you from watching your stocks for an extended period.
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Stop-loss orders also help insulate your decision-making from emotional influences. People tend to "fall in love" with stocks. For example, they may maintain the false belief that if they give a stock another chance, it will come around. In actuality, this delay may only cause losses to mount.
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No matter what type of investor you are, you should be able to easily identify why you own a stock. A value investor's criteria will be different from the criteria of a growth investor, which will be different from the criteria of an active trader. No matter what the strategy is, the strategy will only work if you stick to it. So, if you are a hardcore buy-and-hold investor, your stop-loss orders are next to useless.
At the end of the day, if you are going to be a successful investor, you have to be confident in your strategy. This means carrying through with your plan. The advantage of stop-loss orders is that they can help you stay on track and prevent your judgment from getting clouded with emotion.
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Finally, it's important to realize that stop-loss orders do not guarantee you'll make money in the stock market; you still have to make intelligent investment decisions. If you don't, you'll lose just as much money as you would without a stop-loss (only at a much slower rate.)
Types of Stop-Loss orders
Fixed Stop Loss
The fixed stop is a stop loss order triggered when a particular pre-determined price is hit. Fixed stops can also be timed-based and are most commonly used as soon as the trade is placed.
Time-bound fixed stops are useful for investors who want to provide the position with a pre-set amount of time to profit prior to moving on to the next trade.
Only utilize time-based stops when positioned sized properly to permit major adverse swings in share price.
Trailing Stop-Loss Order
Trailing order caters to the capital gains protection of an investor, while simultaneously providing a hedge against any unexpected price downturns. It is set as a percentage of the total asset price, and the order to sell is triggered in case market prices fall below the stipulated level. However, in the case of a price rise, the trailing order adjusts automatically in tune with an overall increase in market valuation.
Suppose, in a trailing stop-loss market, an order for execution is set if the price of a security falls below 10% of the market value. Assuming the purchase price is 100 an order to sell the security is executed automatically by an authorised broker if the price falls below 90.
In case the share prices rise to 120, the trailing order stands at 10% of the current market price, which is 108. Hence, if prices consequently start falling after peaking at. 120, a stop-loss order will be executed at 108. It allows an individual to enjoy a capital gain of 8 (108 – 100) on his/her investment corpus.
Stop-Loss Order Vs Market Order
While a stop-loss order performs a sale of underlying securities provided the price falls below a prescribed limit, a market order is issued to a broker to conduct trade (both buying and selling) at the prevailing market price. Stop-loss orders are designed to reduce the risk factor, while market orders aim to increase liquidity in the stock market by eradicating the bid-ask spread difference. A market order is the most basic form of trade order placed in a stock market.
Stop-Loss Order and Limit Order
Limit orders execute a trade of stipulated securities if the price reaches a pre-set value. While a buy limit order facilitates the purchase of any securities if the price falls below the given limit, a sell limit order is executed if the price rises above the value. Limit orders are designed to maximise the profitability of an investment venture by maximising the bid-ask spread. It is in contrast to stop-loss orders, which are implemented only if the price is equal to the limit stated by investors, as a method of minimising losses in a bear market.
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