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Takeprofit

QTUMBTC the price is breaking strong resistanceThere was a significant impulse growth and volume increase on 19th of March, then the coin went in the side trend for about a month and has met the lower edge of Ichi cloud which is formed by a green line. Moreover, triangle finishes at this point. Indicators are positive volume is increasing and it seems that the price is ready to break through this strong resistance. This will start another impulse growth to the upper edge of Ichi cloud and a quick break through it till our targets.
Long
by Skyrexio
SWING TRADING STRATEGY THAT WORKSStep 1 Wait for the price to touch the Lower Bollinger Band The first element we want to see for our simple trading strategy is that we need to see price moving into oversold territory. Any swing trading strategy that works should have this element incorporated. Note The preferred time frame for this simple swing trading strategy is the 4h time frame, but the strategy can be used on the daily and weekly time frame as well. Step 2 Wait for the price to Break above the Middle Bollinger Bands After we touched the lower Bollinger Band, we want to see confirmation that we indeed are in oversold territory and the market is about to reverse. The logical filter, in this case, is to look after a break above the middle Bollinger Band. This break above middle Bollinger Bands is a clear signal in the shift in market sentiment. We at Trading Strategy Guides don’t trade breakouts without disseminating weather or that there are real buyer/sellers – in our case, buyers – behind the breakout which brings to the next step of our simple swing trading strategy. Step 3 Swing Trading Indicator: The Breakout Candle needs to big a Big Bold Candle that closes near the High Range of the Candlestick Buy at the Close of the Breakout Candle So far our favorite swing trading indicator has correctly predicted this buy-off, but we’re going to use a very simple candlestick based method for our entry trigger. In this regard, we want to see a big bold bearish candle that breaks above the middle Bollinger Band. The second element of this candlestick based method is that we need the breakout candle to close near the high range of the candlestick. This is indicative of strong buyers, which really want to drive this currency pair much higher. Step 4 We hide our Protective Stop Loss below the Breakout Candle The breakout candle has a lot of significance because we’ve used it in our candlestick based entry method. We assumed that this candle shows the presence of real buyers in the market. If the low of this candle were to be broken, it’s clear enough that this is simply a fake breakout as there are no real buyers. Step 5 Take Profit once we break and close back below the middle Bollinger Bands In this particular case we’re looking at a long trading example. So, if the price breaks back below the middle Bollinger Banks it’s time to get worried and take our profits as it can signal a reversal. The reason why we get profit here is quite easy to understand as we want to book the profits at the early sign the market is ready to roll over. Note The above was an example of a BUY trad. Use the same rules – but in reverse – for a SELL trade.
BLong
by Tradingstrategyguides
8
We work by levelsAfter our price has come out of the triangle, we observe how the levels are worked out. At the moment, as we expected the price went up, but found a resistance level near the mark of 1.2380. And after yesterday's trading, the support level is 1.23000. We expect that our pair will again test the resistance level and try to consolidate above the 1.24 mark. So at the moment you can search for points to enter long positions and set take profit at a level around 1.24
Long
by SuperForex
CARDANO CRYTO STRATEGY - 5 ENTRIESStep #1: Cardano ADA price needs to trade above the 200-day moving average The first condition that Cardano requires to satisfy is to trade above the 200-day moving average. When price trades above the 200-day moving average we know we have a strong premise for a bullish trend to be put in place. The more time Cardano price spends above the 200-day moving average and the biggest the distance between the Ada price and the 200-day moving average the stronger the trend is. Step #2: Volume needs to be above average and twice as much volume compared with previous volume bars needs to come in We need to look for instances when the volume bars are above the average volume (the red moving average). But this is not all; we also need the buying volume to be twice as much as previous volume bars. In our Cardano chart we can note five instances where the volume was not just above average, but it was also double as the previous volume bars. In this case, we’re dealing with five possible buying levels. Wait for trading situations where the buying volume is increasing considerably. This really shows institutional buying that has the power to move the Ada coin price. Step #3: After volume has increased, buy at the opening of the next candle When to buy Cardano ADA is quite intuitive if you have followed this cryptocurrency step-by-step guide. The moment we see institutional buying presence we want to be sure we’re not left out. In this regard, after the volume has increased, we buy at the opening of the next candle preceding the big volume candle. Usually, you’ll be buying right after the first bullish candle that often is the starting point of a new trend. Don’t be afraid to buy on the way up as this will pay handsomely in the long run. Step #4: Place protective Stop Loss below the 200-day moving average Hide your protective stop loss below the 200-day moving average. A market that has a strong bullish trend should not drop below the most powerful moving average aka the 200-day moving average. By hiding your stop loss below the 200 moving average, we’re minimizing risk as much as possible. Note* as the trend progresses you can also trail your stop loss below the 200-day MA. Step #5: Take Profit when we break and close below the 200-day Moving Average The 200-day moving average can serve us as a significant trigger for our exit strategy. When we break below the 200 moving average, that’s the first sign that the trend is about to change the tide. When these happen make sure you take profits. Note** the above was an example of a BUY trade using the Cardano trading strategy. Use the same rules for a SELL trade – but in reverse.
Long
by Tradingstrategyguides
Bulls are returningAfter completing of the correction in the markets, we can observe the inverted figure "Head and shoulders" on the 4-hour chart. Since it has not come to the end, we can locally enter long positions. The MACD and Stochastic indicators confirm the upward movement. So Take Profit will be placed at the level of 1.2360 and the Stop Loss will be set below the level of 1.23. Also today the producer price index for March will be published. It is better not to enter the market during publication.
Long
by SuperForex
PPTBTC a start of impulse growthPopulous is a very interesting coin we bought it at its ICO and made a huge profit in the end of January. The coin went down after a sharp rise and now found its support. There was a possible H&S formation however it was broken and now it all seems like a start of an impulse growth. However indicators show a possibility of consolidation before it. But around specified in the signal zone and sell right at the targets in order to get profit from price movement waves.
PLong
by Skyrexio
LITECOIN 30M CRYPTO CLAW PATTERN STRATEGYStep #1 Wait for Bitcoin Signal indicator to issue an Up-green arrow – Buy signal or Down-red arrow - Sell signal. Our proprietary indicator can issue clean and accurate buy/sell signals that can immediately make you a PRO cryptocurrency trader. This indicator helps you analyze the market on any time frame in a matter of seconds. We have a feature that will allow for pop up alert signals whenever a buy/sell signal is found so you won’t miss any Crypto trading opportunity. Step #2 Place Protective stop loss above/below the Bitcoin Claw Pattern The initial protective stop loss is always placed above/below the red box drawn by our Crypto Signal indicator. You also have the option to trail your stop loss, a brand new feature we added to the Crypto Signal Indicator. The way it works is that when you turn this feature on in the settings the indicator will continue to show you where to place your trailing stop loss. So that if your trade never reached your target, and it ended up turning against you, you will at least protect some of the trade since you locked in the profits. Step #3 Take Profit when we break below Bitcoin signal channel Our take profit strategy is straightforward! Take profits and close your long Bitcoin trade once the Bitcoin signal channel is broken to the downside. If you use the built-in trailing SL function you can automate the whole TP process. Basically, you can accomplish the same results if you use the trailing SL option. Note* The Crypto Signal Indicator has many more customizable settings that can make your life easier. If you have any question PM me and I will be happy to help.
BITFINEX:LTCUSDShort
by Tradingstrategyguides
4H LITECOIN OBV TRADING STRATEGYThe only indicators you need are the following: On Balance Volume or the OBV – The OBV indicator is based on the idea that both the volume and the price activity are equally important. In this regard, the OBV combines both price and volume to show you the total amount of money going in and out of the Litecoin. The main idea behind the On Balance Volume indicator is that the Litecoin price will follow where the volume flow is going, volume precedes price! So, if Litecoin price is moving up, we want to see the OBV indicator rising signaling an inflow of money. Conversely, if the Litecoin price is moving down, we want to see the OBV indicator falling indicating an outflow of funds. We’ll also plot a 20-day moving average which it will be used to differentiate between what is normal volume activity and what it’s abnormal trading activity. The use of the 20-day moving average can also signal how severe the change in Litecoin price trend may be. Step #1: Wait for the OBV indicator to enter into a prolonged period of consolidation at the bottom of the window. In other words, what we look for is for the OBV indicator to spend some time in “oversold” territory. Technically the OBV doesn’t show overbought and oversold conditions in the market but, we only use these terms to describe the OBV location on the chart. The On Balance Volume indicator as the name suggests shows the volume activity, and when we see the OBV consolidating, usually this means the market is in accumulation process. But what is accumulation? Very simple, accumulation is the buying up of cryptocurrencies by the professionals. The buying it’s usually done in a manner that doesn’t attract attention on the price chart which is the reason why we use the OBV indicator to spot when the institutional buying happens. Step #2: Wait for a breakout above the OBV consolidation zone. When the professionals accumulate a cryptocurrency, it will usually trade sideways. The OBV indicator is the best indicator to outline when Litecoin is being accumulated. These ranges are deliberately created by the smart money to use fear and panic to shake out weak holders so they can grab as much of the available cryptocurrency at the lowest price. When all the available supply of a cryptocurrency is exhausted, then the smart money will mark up the Litecoin price or any other cryptocurrency. This process can be best visualized on the OBV indicator when we have a breakout above the consolidation zone created. The OBV indicator performs better if it’s used in conjunction with other indicators as well as your own judgment and common sense which brings us to the next step of our Litecoin strategy. Step #3: Buy Litecoin when we close above the 20-day Moving Average. We’re going to use the 20-day moving average indicator to confirm the OBV readings further. After the OBV indicator breaks above its consolidation and right away the Litecoin price breaks and closes above the 20-day moving average, we initiate a buy order. Step #4: Hide the Protective Stop Loss below the most important support level . Knowing where to place your protective stop loss is as important as knowing when to enter the market. That’s the way you manage risk! The best strategy to apply in this case is to place your protective stop loss below the most recent support level . If the smart money were really behind this move than the support level should hold. Otherwise, a break below will invalidate our market view, and we better be out of the market than fighting a losing trade. Step #5: Take Profit when Litecoin price closes below the 20-day Moving Average or according to your trade plan. We take profits at the first sign that the market is about to reverse. When the litecoin price breaks and closes below the 20-day Moving average, that’s the most appropriate moment we want to take profits or according to your trade plan rules.
BITFINEX:LTCUSDLong
by Tradingstrategyguides