Hi Mark! Thank you for sharing your knowledge with us. I've been intrigued by Bitcoin trading for a very long time, but I never thought to give it a chance as a real income source. Now more than ever I want to learn how to trade, and to gather experience.
Probably it's the right time to start
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I'm just really interested and have a few questions to OP @Mark_R How is looking your trading stats up-to-date in terms of ROI? Do you trade something else other than cryptocurrencies? Do you trade only with technical analysis?
Hello! Sorry. Missed ur questions/ Will post the profitability chart this weekend or monday Currently I trade BTC and ETH futures on Bitmex mostly Also Binance and Binance Futures (BNB, BTC) But I have a 12 years experience of trading in traditional markets. (Still trading) Do you trade only with technical analysis?Definitely, no TA + Risk management + Money management + software (bots + automated risk management) Keen also on manual trading
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A war of trends won! And got stuck for a while Managed to catch bull rally? The double bottom finally became a starting point for the downwards trend breakout
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Hey bro I would like to say that trading and earning this much profit with this simple strategy 😂😂I think then every one would be millionare...!!
Hello! Wel.. I'd say that a lion share of the strategy is risk management strategies built-in to this These are the techniques that act in complex with money management and so (earlier posts), but still they are a base for earning
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After halving event, BTC experienced an increase, however, the price didn't manage to continue bullish trend and entered a downwards channel proved by bearish impulse (after ascending triangle pattern). tiny image host
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After halving event, BTC experienced an increase, however, the price didn't manage to continue bullish trend and entered a downwards channel proved by bearish impulse (after ascending triangle pattern). tiny image host
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📈Trading tip time! Pay attention to losses, not wins. Do you feel what I'm saying?
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📈Trading tip time! Pay attention to losses, not wins. Do you feel what I'm saying?
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Halving event pulled a trigger of bull rally. At the same time, #BTC price experienced a rollback to $9500 support. The level turned out to be strong, thus, the price didn't cross it and currently fluctuates above.
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Halving event pulled a trigger of bull rally. At the same time, #BTC price experienced a rollback to $9500 support. The level turned out to be strong, thus, the price didn't cross it and currently fluctuates above.
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The halvening event is simple, buy rumour sell news. I know some or many are bullish on it but I think thats the effect we have in anticipation, the change after the news is barely any difference in supply for a long time. Markets always overplay their hand, I consider it like the bull whip effect in that the accumulation of momentum causes us to have the most power in the tail end. I've opened a SHORT position too soon I know that feeling, its very familiar It'll be a process if this market is to turn around, so I'm wary of shorts and my first take is to see for us to overshoot 10k by some amount. Not that 10k matters but its an easy hook to reference and an obvious point to fail in halting the inertia of this advance. So positive movement has to wear itself out first and that leads us into the 12th or whenever reward halves and theres no rush. Price looks very positive relative to just simple moving averages and hope we can notice the difference in any weakness. 2016 tricked me, trade wise 2nd half of the year was weakness but holding it was fine to accumulate unleveraged and it took me 6 months to realise that. Yes. Agree!
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image hostBullish sentiment gains momentum! After the support rebound, I can expect the following targets in case of the bull rally. Longing with me?
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image hostBullish sentiment gains momentum! After the support rebound, I can expect the following targets in case of the bull rally. Longing with me?
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It would be interesting to know how you're approaching the upcoming halving event and the soaring of crypto generally driven by this. In your opinion (or perhaps that of of others) has there been lots of buyings in anticipation that this will be a good trading opportunity?
I suppose this would be as relevant for non-traders just to see where other people stand as much as it would be for traders.
Imo, it's gonna be a gradual increase. I mean, like in 2016 However, taken into account the invertment opportunity during pandemic and a start (from my point of view) of a new market cycle (accumulation phase) may pull the price upper. For now I feel rather bullish, the next target price is $10500. However, I'd have several positions for BTC (long, mid and short term) to earn on trend and by swinging on pullbacks
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Bitcoin crosses $10000 the first time since February 2020! The upward channel is broken and the price action is proven by retest. Long long long from the support ($9780) Money-mouth face
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Bitcoin crosses $10000 the first time since February 2020! The upward channel is broken and the price action is proven by retest. Long long long from the support ($9780) Money-mouth face
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Done! Now enjoying diapason trading below $9400
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You got your first target (9200$), congrats! It was a good point to open a LONG from 8844$ I missed this train, I will wait for a retrace now, cause it can fall again under 8870 easily, but I will not open any SHORT, just waiting and looking at candles
Thank you mate! Did you catch a new train? Now there are lots of diapason trading opportunities. $9400 is too strong
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Done! Now enjoying diapason trading below $9400
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BITCOIN PRICE ANALYSISAfter breaking out a lower border of the bullish channel, the price reached the support level ($8600) and entered a new bullish channel. The movement was confirmed after the breakout of $8800 resistance. Long from $8844
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