How to trade after all time high

[perla]

Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.

At that time we don't have any charts,so we should trade with the help of indicator only.....

That's really a great topic I was not really good in trading and I was curious if we are on the ATH what reference are we going to follow candlesticks? and other indicators? I'll be watching this thread and see if I could found some good answers that I could apply with my trading.

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[MCobian]

For me, I can still trade short-term in a bullish situation like now, if we pay attention to Bitcoin and altcoins even though the price continues to rise.
But still every day moving up and down, from these price movements we can get a profit even though it is small. For example, I buy when Bitcoin
drops to $ 33,100 and I will sell when Bitcoin goes up to $ 33,500. Do this over and over again so you can make a sizable profit.

[Sled]

For me, I can still trade short-term in a bullish situation like now, if we pay attention to Bitcoin and altcoins even though the price continues to rise.
But still every day moving up and down, from these price movements we can get a profit even though it is small. For example, I buy when Bitcoin
drops to $ 33,100 and I will sell when Bitcoin goes up to $ 33,500. Do this over and over again so you can make a sizable profit.

yeah, we can still make a trade but this could be hard for beginners. If I am in that position, I'd rather have to wait for the market to slow down and start trading. To be honest, this is not the perfect time for new traders, well expert and more experience trader can do as they have more knowledge and ideas.

[Mahanton]

Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.

At that time we don't have any charts,so we should trade with the help of indicator only.....

For long term type of investor or trader = Then buying now wouldnt really be an issue
For short term - You can play out with the volatility of the price.It doesnt matte on what the trend is, you do have the indicators and this one wont really be an easy stuff.

Trading in this peak prices isnt really that simple.You wouldnt know on when the price will crash or correct.Ive been doing shorts at the moment and positioning
when the price do pullback.

Im sticking with Bitcoin and some parts in altcoins as well.

[jaberwock]

First of all, is doing research on how the market reacts and trend analysis.
Combine two indicators namely fibonacci retracement levels and the relative strength index (RSI) oscillator indicator. Fibonacci retracement to determine support and resistance levels, while the RSI indicator is the confirmation. This combination method can be applied to all trading time frames with a risk:reward ratio of at least 1:2.
Don't be greedy, doing it by your strategy, risk and money management.

I would say you are right about doing your TA properly because that allows you to understand what the situation is in the market. However, I have to say that works on the calm markets and not on all time high markets. For example, every single thing you can think of in TA world was showing that $19k was the max and it would go down from there, but when we look at it the price went up after that too, around $24k it started to look like TA showed increase again, but at around $29k or so once again they showed that the price looks to be going down, when in fact in reality it went higher.

So all together I would say TA is not proper when it comes to breaking over all time high prices, it doesn't really show the truth. I can't explain why it is like that, but when markets calm down and do not make huge moves, TA is perfect, when it crashes or skyrockets TA doesn't work properly.

[hahay]

There will always be times when the price dips and it is the right time to buy but indeed, it is possible that the price will continue to fall and it depends on a time. Because after ATH has been surpassed, at least there will always be buying and selling that occurs so what we have to be aware of is how long the rally has been, because what is a concern when trading above ATH is about dumping that is ready to happen at any time.

[shushu9977]

If we see the market, we know that only very few coins like bitcoin and ethereum are increasing. Besides few coins are increasing a little. Many coins still are not going so high so that we can trade few coins like xrp, bitcoincash, litecoin etc. We can invest these coins or many coins.

[teosanru]

Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.

At that time we don't have any charts,so we should trade with the help of indicator only.....

An Excellent question I have to agree. It's because Technical Analysis generally work on the concept of studying the past patterns and developing future trends on the basis of that data. But when you see an all-time high there is nothing no data west to that and that is a pretty big issue. I generally follow this strategy whilst trading ATH:
Idea is to get the point until when stock would climb and then reverse. Steps you can follow for the same are:
1. Check if stock is within any trendline. If it's within a trendline chance is it would follow the same trend.
2. Calculate the target of the breakout by measuring the previous pullback. You can use Fibonacci levels for the same.
3. Take the help of RSI to see the overbought zone and check for any divergence from the previous high.( Finding divergence is a bit difficult as you don't have the topmost point yet)

[TGD]

If we see the market, we know that only very few coins like bitcoin and ethereum are increasing. Besides few coins are increasing a little. Many coins still are not going so high so that we can trade few coins like xrp, bitcoincash, litecoin etc. We can invest these coins or many coins.

Not all altcoins have chance to increase in price, XRP have current problems with SEC and needs to address plenty of issues at these time so better stay away with it in the mean time and focus on coins that have active trading volume, entering in Bitcoin and ethereum at these higher rate is risky but others were able to enter in between the sudden drop and ride when the price increase since they closely study and monitor the market throughly. If prefer to buy other altcoins jwhich is also having profit now better check the status and updates of the altcoin for a chance to ride in its pump since not all altcoins even listed in top of coinmarketcap will be able to join the after ATH hype effect hype for altcoins.

[Kelvinid]

This gonna be seeing how TA could give an advantage to traders. This will be the best tool that could help yourself but consider also its limitation as we never know what will happen next. We can't also rely on its previous trend and market chart as the market now is changing a lot, we can't simply think that it will run just the same but expect of a different scenario.

In this time, we must have been cautious and never rush to trade. We must have to study the current market behavior particularly the coin that you have planned to trade.

[maxreish]

Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.

At that time we don't have any charts,so we should trade with the help of indicator only.....

What indicators are you usually using?

Those indicators will be helpful to spot whether you do some short or long positions. Yesterday, long positions were being liquidated as it btc touched down and pullback $28k. If you are good enough reading your technical analysis, you may still gonna profit during this ATH eith so many tricky sideways.

[Dhoe]

I think after all time high better waiting few day and wait for bitcoin or altcoin price dump, if you wanna keep entry during all time high very risk for bitcoin and altcoin back to lower price, maybe last day have complicated for correction and now you can buy bitcoin or altcoin before all time high coming again and you miss chance to buy assets on lower price, maybe you need waiting few days again to get back lower price for bitcoin or altcoin.

[so98nn]

Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.

At that time we don't have any charts, so we should trade with the help of indicator only.....

Don't consider it ATH, just consider it normal trading day and go for intra-day marginal trading. The reason is very simple, if you consider it ATH price then you will get distracted and will have fearsome that it might go down and stuff life that.

However, I have observed that even at ATH the volatility increases for the bitcoin and it gives you pretty good 3-10% of ups and downs. This is enough to trade a handsome amount daily and get those 3-10% profits (considering losses too).

Based on the volume you trade, you can get buffered profits.

[AicecreaME]

Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.

At that time we don't have any charts,so we should trade with the help of indicator only.....

After it hits above the (old) All Time High price, it should be good to enter a long trade with your strategy of course that goes with a lot of confirmations. To avoid getting greedy, it is important to set a certain percentage of profits that'll be your signal to take profits and reenter another trade so that you could assure your profits. Because if you're going to trade blindly, like not taking profits thinking that it'll go up even more, the situation could easily turn around lessening your profits, which is not good.

So always trade with a goal, with a plan, to avoid regrets and disappointments.

[enhu]

I think after all time high better waiting few day and wait for bitcoin or altcoin price dump, if you wanna keep entry during all time high very risk for bitcoin and altcoin back to lower price, maybe last day have complicated for correction and now you can buy bitcoin or altcoin before all time high coming again and you miss chance to buy assets on lower price, maybe you need waiting few days again to get back lower price for bitcoin or altcoin.

The plan to invest in ATH is not very wise. do not rush into decisions. If you're asking about bitcoin, it's better to wait for the price to dip. corrections and market cycles are bound to occur, although we don't know when, but the dip time is a very good time to invest, buy dip, hold.

Holding while BTC price hit the ATH is just not making us money, this is why it needs to be sold. Identifying whether it's the all-time high already is not easy. When BTC was about $20K in the last bullrun, there are still people buying and some holding tight their btc while the price is tumbling down to $18K til $15k while they thought it's going to bounce up again to break $20k. When there is bullrun the indicators seem tobe no working well.

[jaberwock]

Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.

At that time we don't have any charts,so we should trade with the help of indicator only.....

After it hits above the (old) All Time High price, it should be good to enter a long trade with your strategy of course that goes with a lot of confirmations. To avoid getting greedy, it is important to set a certain percentage of profits that'll be your signal to take profits and reenter another trade so that you could assure your profits. Because if you're going to trade blindly, like not taking profits thinking that it'll go up even more, the situation could easily turn around lessening your profits, which is not good.

So always trade with a goal, with a plan, to avoid regrets and disappointments.

I think it is important to take profits and get out if you want to do trading, but it is important to have stop loss as well if you want to get out without losing too much money as well. Your stop loss shouldn't depend on the amount of money you got in, it should be about how much it is right now, so lets say you got in at 10k, and price is 31k, that doesn't mean you should have a stop loss at 10k because you got in there, it should be 25k for example, or even 20k, because the price is 31k right now.

If you want to get in at 31k, sure have it according to now because you got in now, but let's assume for a second that price went to 40k, do not keep it at 25k, make it 30k for example, that way you could get out with profit as well if you do like 32k or something. So, basically getting out with profit is important but getting out without big loss is equally important.

[JooBra]

Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.

At that time we don't have any charts,so we should trade with the help of indicator only.....

After it hits above the (old) All Time High price, it should be good to enter a long trade with your strategy of course that goes with a lot of confirmations. To avoid getting greedy, it is important to set a certain percentage of profits that'll be your signal to take profits and reenter another trade so that you could assure your profits. Because if you're going to trade blindly, like not taking profits thinking that it'll go up even more, the situation could easily turn around lessening your profits, which is not good.

So always trade with a goal, with a plan, to avoid regrets and disappointments.

Usually if it is close near all time highs its good to trade cause if it breaks the limit it will go a bigger margin higher. Now when you are past that level it's all about what you think where will it the bull run stop. If you do day to day trading that's a different thing.

[suzanne5223]

I think after all time high better waiting few day and wait for bitcoin or altcoin price dump, if you wanna keep entry during all time high very risk for bitcoin and altcoin back to lower price, maybe last day have complicated for correction and now you can buy bitcoin or altcoin before all time high coming again and you miss chance to buy assets on lower price, maybe you need waiting few days again to get back lower price for bitcoin or altcoin.

The plan to invest in ATH is not very wise. do not rush into decisions. If you're asking about bitcoin, it's better to wait for the price to dip. corrections and market cycles are bound to occur, although we don't know when, but the dip time is a very good time to invest, buy dip, hold.

The plan to invest during high price is not good is what people say but anytime is good to invest in the market though good knowledge is needed. However, the current market we're is still healthy for new investment cause the resilience of the market status still posed bullishly and with some primary altcoins yet to experience bullish (ATH price), it will be long before the dip will happen.

[cryptolord2077]

It's simple, buy low sell high. If you definitely know that your coin has reached its highest point, then it is obvious that the best move would be to take profit.
Besides, if you are talking about trading, this is exactly what traders make most of their profits on.

[DarkDays]

It's simple, buy low sell high. If you definitely know that your coin has reached its highest point, then it is obvious that the best move would be to take profit.
Besides, if you are talking about trading, this is exactly what traders make most of their profits on.

That's right, scalping is the way forward. There is no bad time for a good trader, the market can always be used to your advantage.
Currently, the market is looking great, so you can start using your method of buying low/selling high to see those profits growing.