Hello Traders,
This is going to be very complex trading strategies so if you are not comfortable with swing trading, please do with caution.
Substratum is one of the cryptocurrency that follows closely with Pitchfan trend. If you look at my 4 hour chart,
We see that most of the dips and peaks occurred at Pitchfan trendline. Currently, we are at the bottom of this Pitchfan configuration, so it is the best time to practice Pitchfan strategy and maximize the profit.
The trick for this trading strategies is to take partial profit at every Pitchfan trendline, and re-buy if it dips.
So let me explain with example:
1) Buy at the dip: 7170 Satoshi in this case
2) Sell 25% second trendline --> If it dips, then rebuy
3) If it passes second trendline --> Sell at third trendline --> Rebuy at the dip
If you repeat this strategy, you will see nice gains as the time progresses.
Happy trading!
This is going to be very complex trading strategies so if you are not comfortable with swing trading, please do with caution.
Substratum is one of the cryptocurrency that follows closely with Pitchfan trend. If you look at my 4 hour chart,
We see that most of the dips and peaks occurred at Pitchfan trendline. Currently, we are at the bottom of this Pitchfan configuration, so it is the best time to practice Pitchfan strategy and maximize the profit.
The trick for this trading strategies is to take partial profit at every Pitchfan trendline, and re-buy if it dips.
So let me explain with example:
1) Buy at the dip: 7170 Satoshi in this case
2) Sell 25% second trendline --> If it dips, then rebuy
3) If it passes second trendline --> Sell at third trendline --> Rebuy at the dip
If you repeat this strategy, you will see nice gains as the time progresses.
Happy trading!
Comment:
In case if you are long term investors, please refer to this chart. All my target is indicated in orange horizontal line.
Comment:
Bounced at my initial target.
Let's see if Sub can find support at second Pitchfan trendline!
Let's see if Sub can find support at second Pitchfan trendline!
Comment:
Big Bull flag. Enjoy the ride!
Comment:
Potential breakout!
Comment:
And there it is!!
There were so many signals pointing toward the potential breakout.
Inverse head and shoulder and bull flag formation.
My target for now is middle Pitchfan trendline 9800 Sats.
There were so many signals pointing toward the potential breakout.
Inverse head and shoulder and bull flag formation.
My target for now is middle Pitchfan trendline 9800 Sats.
Trade closed: target reached:
Beautiful. first target reached!
Trade active:
Confirmed Bull flag resistance as a support. Super bullish.
Trade active:
Touched the bottom of the Pitchfan, once again!