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Crypto-trading

Going Long on ETH! Lets ride.ETH has been taking a beating this month... but it will soon see a nice rally (if the rest of the market behaves). ETH is entering a key zone of support and just below it lays the volume profile that has been pulled from mid June. Along with the VP there is also a important descending parallel channel that will come into play. If the key zone is jabbed, it is very likely to get a wick bounce off of the VP. I would also like to add that the RSI is oversold on medium time frames, this doesn't always mean a lot, but it is something to consider along with the other points that I have mentioned. Either way, ETH will see a well deserved relief rally 5-40% (based off of my targets). My take profit targets are noted by the golden pockets on the chart above. I will more than likely take a small profit off of the table after a 5-10% bounce to secure profit and move stops to entry.
Long
by farmtrader15
1
ETH/USD Trendline BreakHigher Time Frame Trendline Break, look for a continuation up north. Just know FOMC is approaching. A break below the Trendline may be a reason to get out. Tight stop loss for this one. Stay tuned more to come. PM me for any chart request and I will promptly post them. This corresponds to my previous signal on bitcoin. I would love to chat with you all about how to play the end of the year Q4. Like and leave a comment, I appreciate all the support. look for a retest of the low of this last 4 hours bar for best entry. I don't have a set price for take profit, just looking for a further continuation off these lows. That is all for now on Ethereum.
BITSTAMP:ETHUSDLong
by LiveTradingHouse
3
BTCUSDT - SellHello traders, I will again look for an opportunity to sell in the marked zones, because we are in a bear market, now I am just waiting for confirmation on the lower TF and if it comes, I will sell, for now I will wait. IMPORTANT WARNING: --------------------------------------------------------------------------------------------------------------------------------------------------------- Rebounds from marked zones created by trading positions of large institutions such as banks or various financial funds may not create new HH or LL and therefore it is very important to collect partial profits at least according to these rules. This will help you to keep your equity curve constantly growing and protect your funds from big drops if the price unexpectedly turns against you. But the decision is only in your hands. I personally prefer setting up multiple TPs , here's an explanation: 1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns 2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE 3) 5-10 :1 means bonus money with rest of trade volume (again 25%) Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
Short
by TraderDominik
2
$XLMUSDtXLM is currently trading around range low marked on the chart. My Trigger plan for this is a breakout of the falling resistance and a relaim of the 2021 Low. This would mean a deviation of the 2021 low and would be bullish imo. My targets are market o the chart are are essentially the Mid range and Range high. If it dosent break out above the falling res and reclaim the 2021 low then i have no interest. patience patience is the key here. size it right so it it fails you don't get wiped out or take heavy loss.
by gillman_hugh
2