I'm a full-time crypto trader. Here're my recent trades & answers to questions

[Mark_R]

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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[Mark_R]

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.

[Mark_R]

Before making big money make sure you can manage it

https://www.cashbackforex.com/school/mql4-programming/strategy-design-money-management/

[Mark_R]

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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[Mark_R]

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

[Sadlife]

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 ?

[Mark_R]

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

[Mark_R]

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

[Mark_R]

BITCOIN PRICE ANALYSIS

After 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

[Mark_R]

Done!

Now enjoying diapason trading below $9400

[Mark_R]

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

[Mark_R]

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Bullish sentiment gains momentum! After the support rebound, I can expect the following targets in case of the bull rally. Longing with me?

[Mark_R]

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.

[Mark_R]

📈Trading tip time!

Pay attention to losses, not wins. Do you feel what I'm saying?

[Mark_R]

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).

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[Mark_R]

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 

[Mark_R]

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

[Mark_R]

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.

[reliable]

Some of the things which I have also understood and learned is that Trade only when you are fully equipped with knowledge and know what you are trading. Trade with excess amount of money since trading in crypto are very volatile so risk is also high. Ensure you do not buy on high and do panic selling which will lead to erosion of money.

[Mark_R]

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?