ETH/USD
In reference to the RSI, buy ETH when RSI<20 and sell 5% of my ETH when RSI>85.
ETH/USD
In reference to the RSI, buy ETH when RSI<20 and sell 5% of my ETH when RSI>85.
Short term traiding, follow the daily trend, understand how the price moves, buy/sell close to the best price.
New at this, more of a long time holder, BTC moves ahead of Alts, sell after all time high, if possible maybe at 90 or 80% on the way down. Set a Stop Loss, adjusting constantly as the spike goes up. Buy ETH or coins that have not pumped or lagging behind. Just an idea, have never done this before.
@filip
Hello, not long ago i saw the trend of WAVES since october i pitch in some doe because the indicators were upwards and also the gain was consistent but today i saw a warning so i might sell, real time idea
Mar '19
Time for the first Trading Assignment of this course. This time I want you to take a look at a crypto chart and try to find a trading idea. And just like I shared mine in the video, I want you to share yours in this forum thread.
I understand that this assignment can be difficult, but try your best. It doesn’t matter if the idea is good or bad, profitable or not - the point is to find SOMETHING.
Is it possible to trade against percentage? I mean can you have a order that executes (a long one) when bitcoin exceed for example 4% increase over the last hours and then have a stop loss at a percent higher? And the same on the short side? For example have a short position order that executes when Bitcoin is having a -12% decrease over the last 24 hours and then close the order at a couple of percent lower, for example -14%. @filip
It is possible, you have to program your script to run the calculations of what the buyed price, actual price of Bitcoin and calculate the percentage between those.
Carlos Z.
Ahh I see, thanks man!
/Martin
WAVES is going up smoothly woow, hopefully i did not sell it followin the trend and the trend is bullish, that is my idea. Also yesterday exchanged some little coins for btc, so im 75% btc the other one is LINK, all three coins are BUUULLISH
for now!
My idea is watching the recent bitcoin price pump and the RSI.
In the past few days the RSI has been stagnating at around 70-80 range while the price continuously grows. This can indicate it is being overbought and that people might be FOMO buying it. Good time to short!
I’m looking at CRO/USDT
I just put my first long trade in two days ago. I did this because I check the charts of my coins throughout the day. I knew that because of the trend with people depositing into the eth 2.0 contract the price would continue to go up until it was filled, at least. I also noticed the price of ETH going up regardless of whether Bitcoin was going down or not. When I had watched for long enough to convince me this was going to continue I put a long market order on ETH w/ entry @ 561.31, stop loss @ 25% and take profit @ 620. Glad to say this was very successful and was done with 15x leverage - a very nice return indeed.
My strategy is simple, buy the dip and hoddle.
Looking at the daily chart all recent (massive) dips have not lasted longer than a day before the recovery starts.
I need to buy more btc. Looks like a good black friday deal.
Trade upward trends and downward trends with support and resistance horizontal/parallel lines. Buy at the support and sell at resistance. Use RSI and MACD to suggest buy and sell signals within the support and resistance channel. RSI for oversold and overbought signals and MACD for signals when the moving averages cross each other.
On 30% drops 7d timeframe, buy and sell at a 10% profit, with a stop loss at a 10% loss
Looking at patterns within patterns… identifying a trend at the micro level (1 minute chart is the best I can get for free), and then pulling back to hr, day, week, month etc if I can see a pattern sequence that starts small and shows up on a larger scale. I will be looking to identify short and long positions with appropriate stop loss. This will be done on BTC first but with the idea of applying over ETH. Doing over BTC first because there is greater back test data.
Note: as I’ve continued to work through the course, I can see there are recommendations for not doing at micro level, but rather above 30 minutes, this has been noted and the idea reassessed.
ADX line is rising, showing that trend is just about to strengthen.
The green line representing bullish element is also starting to rise and red line (bearish) is starting to fall.Buying signal strong and RSI support this.
RSI is below 30 when the price touches 30 again its a good signal to go long.
BB - the price of UBT step outside the bands on the downside signals an opportunity to buy in.
UBT has great fundamentals support too. Its help enterprise to integrate blockchain-based business and ERP.
Check the chart below
Chainlink has been goin sideways for a week , buy before Btc hits 20k and hodl until your preconceived
profit goal is reached. This was based on Cryptogecko chart today 12/03/2020
We watch MACD on 15min, 30min and 1day chart.
When the histogram is green in 1 day chart, we wait for green histogram on both charts (15min and 30min), and then we enter the long position.
For lower time frames, intraday, buy when RSI < 30, sell when RSI > 70.
For higher time frames, > 4h, adopt BSI V2.1 as base assessment, cross-reference with MACD, RSI, OBV, and overlay with Bollinger Bands and Ichimoku Cloud.