alanmasters

Quick Strategy To SELL @ The TOP (4 Beginners)

BITTREX:XRPBTC   Ripple / Bitcoin
Look at the following chart:


Notice that when the candles form a large stick on top (basically the candle is pointing downwards), then we have a few candles of resistance or pullback.
In this example it isn't so obvious, because this coin right now is in a very strong run, but you get the idea.

After the first candle closes and give you the signal, you can sell at the following candle and then expect a retrace.

Let's look at a clearer example:


Then you use the support level to buy back. This is called a swing trade, this can make you lots of money. But if you get it wrong and go on panic, you can lose a lot as well.

Additional tip: The indicator "TD Sequential", which puts the numbers on the candles is another HUGE indication of a coming retrace.
On the same chart above, you can see that the #9 produced the biggest fall.

If you want to take this to MASTER level, learn how to read candles.

That's it. ENJOY!

TIPS/GIFTS ARE WELCOME:
BTC: 1FuixEqRubccPr9RxZpFTRAzXhwS4j2Qh3
BCH: 1QHoxyb6eWeTUJQ7umFUSKcCZCGckfx14H
LTC: Ldqto38KKv2wibUBqdaEYN6k7EDMAfBbqm
ETH: 0xb0212a2338eaebd110adc5ca254e23396cc88cd2
ETC: 0x7374fccf45b20f68f444b654402c22246165a366

More strategies below, in the "related ideas" section.
Please read them. Thanks.
Comment: Just now, the example on the chart, 2 hours warning to sell near the TOP:

🌐 [PREMIUM Trades] CryptoCurrency Trading
https://alanmasterstrades.com/

💬 (AMT) AM Telegram Signals
https://t.me/AlanMastersFree

🔥 (AMP) AM Private Signals
https://t.me/AMTSignalsBot

✅(AMB) AM Bitmex Signals (50% OFF)
https://t.me/AMTBitmexBot
Update, please, Captain!
Reply
Greaaat explanation mate! Thank you for the lesson, may be now I lost fewer. Very helpful :)
Reply
Hi Alan, I'm a fan of you now. I've been reading all of your posts the last few days :) I have a question regarding this, so which candle do you use ? Eg, 1 day or 2 hours ?
+8 Reply
Mr_AT PhamHoangLe
@PhamHoangLe, just take a look at the picture, at the very bottom of every picture, there are line with numbers, those numbers mean hours, so it is very easy to calculate that every candle is an hour :)
+2 Reply
@Mr_AT, Thanks for the help.

You can also look at the title, next to the coin name, it says "60", which stands for 60 minutes.
Reply
Hi @alanmasters, can you elaborate on how "TD Sequential" is a HUGE indicator for a coming retrace ?
Thx for the amazing vide again.
cheers
+5 Reply
@erdolo, Sorry, I don't have any info about it, I just look at the numbers and go with it. I've also been told that there is mixed info about this indicator online.

All I know is that it gives you a trend, either green or red and when it changes, the trend is changing.
+1 Reply
Thx for the analysis
Reply
Still don't fully understand when to pull the trigger on selling based on the candlesticks. In your examples, there were a few times when it looked as if a similar sell pattern was emerging, yet prices continued to go up.

Do you have any additional examples or resources (or clarity)?

Thanks!
+9 Reply
Cheers!!!
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out