Here we go...
As you can see we have a bullish divergence with a horizontal base of support being strong and the momentum indicators both showing higher lows. As well as being involved in the market the past few days the big coins have run up a very substantial percentage. I would imagine some sideways to slightly lower as some retrace or consolidate allowing for people to move money around to increase there btc holding in the alt coins! Coins like icn don't have big public following and do lack volume compared to some other names but this is a very safe entry point with your stop set at the horizontal base of support.
***Little advise I always set my stops a little lower than that so that when the inevitable shakeout comes when your not looking right before the big up move your not out of a trade because you didn't wanna risk another .5%
Looking for a group of people or even a few people to go on a journey with me.
I recently became a full time trader in crypto and don't have much in network or social exposure to not only talk with on a day to day basis but also to help teach each other.
I didn't really expect to be a full time trader at this point but in my opinion and my situation it was now or never.
Recently lost my job and was trading crypto very seriously since April. I spent approx. 40-80 hours a week learning, reading and analyzing charts.
I wanted to have a larger account and be more financially stable before taking this kind of pressure on but i also know that sometimes you got to just go for it!
I had two choices to either continue to look for a new job and eventually get one and go back to part time trading which is much harder because when your not available
you miss a lot of what is going on as well as you tend to chase or get emotionally upset because your right but because of timing your wrong.
So i took the step and am fully committed to trading full time.
I also wanna find another market to trade because in the long run this market wont always be this good and if I'm doing this for income I always have to be a step ahead.
A few things I've learned about trading so far.
Timing is far more important than being right.
Good entries and exits can be far more profitable than just being on the right side of a trade.
your opinion doesn't matter but you also have to use common sense when it comes to making decisions.
Majority of times you have to go against what everyone else is doing and everywhere you look for help is gonna say your wrong.
A plan is far more important than making money.
A strategy is very important!
If you would like to link up or connect looking to start a telegram group, Facebook group or whatever work for the majority to be able to connect help each other and learn.
Even simple feed back on charts helps me and lets me know there are people out there like me.
Thanks again
AJ Smith
Donations always greatly appreciated and really help me as I take this journey as a full time trader.
Always willing to help anyone with any trading ideas or ?s.
I don't expect anything so don't feel I need something from you in order for up to talk or for me to help in anyway i can!!!
I learn a lot from just helping others! :)
Eth 0x5aaEE6AcbF21357F9Fe0672C5eAbA4196aA99651
Btc 49a99f6d-ea4b-4b94-82ae-0eb2e3928998
As you can see we have a bullish divergence with a horizontal base of support being strong and the momentum indicators both showing higher lows. As well as being involved in the market the past few days the big coins have run up a very substantial percentage. I would imagine some sideways to slightly lower as some retrace or consolidate allowing for people to move money around to increase there btc holding in the alt coins! Coins like icn don't have big public following and do lack volume compared to some other names but this is a very safe entry point with your stop set at the horizontal base of support.
***Little advise I always set my stops a little lower than that so that when the inevitable shakeout comes when your not looking right before the big up move your not out of a trade because you didn't wanna risk another .5%
Looking for a group of people or even a few people to go on a journey with me.
I recently became a full time trader in crypto and don't have much in network or social exposure to not only talk with on a day to day basis but also to help teach each other.
I didn't really expect to be a full time trader at this point but in my opinion and my situation it was now or never.
Recently lost my job and was trading crypto very seriously since April. I spent approx. 40-80 hours a week learning, reading and analyzing charts.
I wanted to have a larger account and be more financially stable before taking this kind of pressure on but i also know that sometimes you got to just go for it!
I had two choices to either continue to look for a new job and eventually get one and go back to part time trading which is much harder because when your not available
you miss a lot of what is going on as well as you tend to chase or get emotionally upset because your right but because of timing your wrong.
So i took the step and am fully committed to trading full time.
I also wanna find another market to trade because in the long run this market wont always be this good and if I'm doing this for income I always have to be a step ahead.
A few things I've learned about trading so far.
Timing is far more important than being right.
Good entries and exits can be far more profitable than just being on the right side of a trade.
your opinion doesn't matter but you also have to use common sense when it comes to making decisions.
Majority of times you have to go against what everyone else is doing and everywhere you look for help is gonna say your wrong.
A plan is far more important than making money.
A strategy is very important!
If you would like to link up or connect looking to start a telegram group, Facebook group or whatever work for the majority to be able to connect help each other and learn.
Even simple feed back on charts helps me and lets me know there are people out there like me.
Thanks again
AJ Smith
Donations always greatly appreciated and really help me as I take this journey as a full time trader.
Always willing to help anyone with any trading ideas or ?s.
I don't expect anything so don't feel I need something from you in order for up to talk or for me to help in anyway i can!!!
I learn a lot from just helping others! :)
Eth 0x5aaEE6AcbF21357F9Fe0672C5eAbA4196aA99651
Btc 49a99f6d-ea4b-4b94-82ae-0eb2e3928998
Trade active:
With very large profit taking and lack of bull vol at the moment I am still currently in the trade. I think you can add to your position back down in the support area between .360 and .345 I like the level we are at now ata .35-.36 to add. Currently don't have free funds but if a trade clears out I will add to the trade here. no red flags and the only reason the trade is open is because I missed the rally (gotta sleep sometime) But I would have sold and reenterd at current levels.