Forwarded from cryptalin forex autotraders
https://www.aparat.com/v/pgEOj
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Forwarded from Cryptalin+Panda Altcoins swing
Market unclear. No Clear direction for Altcoin yet. No Trade. Just Cash.
Forwarded from Cryptalin+Panda Altcoins swing
BTC Dominance confirms new Daily Higher High and Higher Low after forming a Double Bottom reversal.
If this uptrend continues in the coming few days, the target is up to 62.12 level or higher. So basically, almost all Altcoins will keep pulling back to their mean. I don't trade on strong pullbacks, I wait for proper reversal confirmation to reduce the risk. So please be patient, we will have another Altcoin season again soon. But if I see a small opportunity, I will try to give a new signal so please exercise proper trade size allocation and follow your stop loss.
If this uptrend continues in the coming few days, the target is up to 62.12 level or higher. So basically, almost all Altcoins will keep pulling back to their mean. I don't trade on strong pullbacks, I wait for proper reversal confirmation to reduce the risk. So please be patient, we will have another Altcoin season again soon. But if I see a small opportunity, I will try to give a new signal so please exercise proper trade size allocation and follow your stop loss.
Forwarded from Cryptalin+Panda Altcoins swing
BTC Dominance still trading inside this rising wedge pattern.
This is the main reason most Altcoins are still in a downtrend market. Until this channel remains valid, Altcoins will experience difficulty. Playing the Breakouts or Buying at support is high risk. I prefer to wait for a proper trend reversal but this option will take days/weeks to develop. The Altcoin season has ended for now so this is not the time going full throttle in the market. But instead, the perfect time we study and backtest our trading strategies. I will only focus on quality trades versus quantity. Every profitable trader has different types of 'Trading Systems'. If my 'System' does not apply to the current market condition, I will not force to make a trade. This always leads to disaster in the long run because you are chasing the market.
By the way, below are my current Altcoin watchlist. Awaiting for reversal confirmation. I will add or remove coins if the structure turns ugly.
This is the main reason most Altcoins are still in a downtrend market. Until this channel remains valid, Altcoins will experience difficulty. Playing the Breakouts or Buying at support is high risk. I prefer to wait for a proper trend reversal but this option will take days/weeks to develop. The Altcoin season has ended for now so this is not the time going full throttle in the market. But instead, the perfect time we study and backtest our trading strategies. I will only focus on quality trades versus quantity. Every profitable trader has different types of 'Trading Systems'. If my 'System' does not apply to the current market condition, I will not force to make a trade. This always leads to disaster in the long run because you are chasing the market.
By the way, below are my current Altcoin watchlist. Awaiting for reversal confirmation. I will add or remove coins if the structure turns ugly.
Forwarded from Cryptalin+Panda Altcoins swing
⚡️⚡️ #ANKR/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Entry Targets:
1) 0.00000080 - 50.0%
2) 0.00000073 - 25.0%
3) 0.00000068 - 25.0%
Take-Profit Targets:
1) 0.00000089 - 20.0%
2) 0.00000098 - 20.0%
3) 0.00000105 - 20.0%
4) 0.00000110 - 20.0%
5) 0.00000118 - 20.0%
Stop Targets:
1) 0.00000066 - 100%
Trailing Configuration:
Entry: Percentage (0.5%)
Stop: Breakeven -
Trigger: Target (1)
Exchanges: Binance
Signal Type: Regular (Long)
Entry Targets:
1) 0.00000080 - 50.0%
2) 0.00000073 - 25.0%
3) 0.00000068 - 25.0%
Take-Profit Targets:
1) 0.00000089 - 20.0%
2) 0.00000098 - 20.0%
3) 0.00000105 - 20.0%
4) 0.00000110 - 20.0%
5) 0.00000118 - 20.0%
Stop Targets:
1) 0.00000066 - 100%
Trailing Configuration:
Entry: Percentage (0.5%)
Stop: Breakeven -
Trigger: Target (1)
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Forwarded from Cryptalin+Panda Altcoins swing
BTC Dominance chart broke Bullish inside this mini consolidation range. It will likely to retest its recent swing top resistance around the 62.74 level. This means, most Altcoins will pull back further, and trading them is extremely high-risk. We will wait until this structure turns Bearish in the coming days. So please be patient and always follow your stop-loss.
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