sawmill clubAfter some rest came back to active trading and here we go! The uptrend in a range is still going on, will try to grab profits on resistance lvl ($9400). The trailing stop is set
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sawmill clubAfter some rest came back to active trading and here we go! The uptrend in a range is still going on, will try to grab profits on resistance lvl ($9400). The trailing stop is set
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The price failed to break the resistance of $9300 and rolled back to $9200. Opened long awaiting the soon price recovery We'll see Didn't you open any other long position for other coins? I did! Cotracts on ETH (Bitmex) Coins Binance (BNB scalping mostly) Binance Futures sometimes
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"Money is made by sitting, not trading.” (c) Jesse Livermore
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"Money is made by sitting, not trading.” (c) Jesse Livermore
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The price failed to break the resistance of $9300 and rolled back to $9200. Opened long awaiting the soon price recovery We'll see
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The price failed to break the resistance of $9300 and rolled back to $9200. Opened long awaiting the soon price recovery We'll see
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We have reached the $9200 line. What's next?
9200 is a strong support. Since the price reaches it I monitor volumes and usually expect a rebound
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After breaking out a downwards trend inside the range, the price broke the upper border of the diapason. However, it didn't manage to stay above it and experienced a sharp drop. Managed to catch it?
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After breaking out a downwards trend inside the range, the price broke the upper border of the diapason. However, it didn't manage to stay above it and experienced a sharp drop. Managed to catch it?
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After a harsh drop, $BTC price consolidated above $9200 and managed to cross $9400 level. Currently, it moves inside a triangle pattern that is a signal of an upcoming breakout. Up or down? So what trades will you take on? It is good to share some graphs and draw some lines but also share which trades you take on. Do you work with limit orders to buy/sell? In this case, I generally wait for breakout Sure, I work with all order types
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After a harsh drop, $BTC price consolidated above $9200 and managed to cross $9400 level. Currently, it moves inside a triangle pattern that is a signal of an upcoming breakout. Up or down?
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After a harsh drop, $BTC price consolidated above $9200 and managed to cross $9400 level. Currently, it moves inside a triangle pattern that is a signal of an upcoming breakout. Up or down?
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The idea of growing open interest (&low refinancing rate) worked. $Btc experienced growth within the channel, but then broken out a lower border of the support (blue) and formed a retest pattern.
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The idea of growing open interest (&low refinancing rate) worked. $Btc experienced growth within the channel, but then broken out a lower border of the support (blue) and formed a retest pattern.
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Good for you! And nice analysis by the way I always admire people who want to be independent and these success stories of persons quitting their jobs to do something they love Personally I cannot do all of that for two main reasons -not enough capital to start trading big therefore earning big -not so good at market analysis
But good luck for you and keep up the good work
What about prop trading? A good place to realise trading skills and get additionsl capital (after you become good in market analysis)
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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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