EXCUSE ME... MY NOSE IS CONSOLIDATING!
As a Grid Trader I'm constantly seeking consolidating price areas, sideways channels, and slowly trending prices where every ZIG and every ZAG is potential profit in my grids. Yep, I have a "nose" for Grid Trading and I love a consolidating market.
I hope you enjoy my Chart Art. Just horsing around!
OTHER CHART ART...
Currently price is consolidating in support (pink block) right now. Ideally I would link to see price close above pink support first.
RSI is slowly moving towards 42, which means it is still in a range. Which could work for a grid bot. Not so good for trend traders. 'll be waiting for confirmation from the Supertrend Ninja indicator. And a close above pink...
BTC is ranging, this can extend even further. I'm just assuming it will retest 42k to decide which way to go. This whole range is great for Grid Trade, area is 34.5k - 43.4k.
When I was drawing a channel for the price, I noticed that the price moves in a grid of two trend lines with angles of -25 and 50 degrees. These lines serve as resistance and support for the price, and this allows you to find the price extremum points.
I plan to split position in 3 entry ( with small lot )
#1 Buy now at mkp
buy limit
#2 0.66457
#3 0.65758
S/L red line around 200 pips
T/P open
This is Long term trade.
( swap positive )
This Idea I will not update .I use for recording only and will check again after loss / gain 120 pips.
PS:
If you see in monthly chart will see Lowest value around red...
Here I am, sitting back with a cool bubbly, not a worry in the world.
My BTC trade is 1.2% in profit already, yet the current price is near where I started... How could that be? Maybe BTC will go up, maybe it won't, it's not me worry. I'm likely to make 6%+ on this trade regardless, but even if I'm off a bit... I'm 99% sure I'll walk away with a profit.
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According to BitUniverse GTB backtesting algorithm , BAT has a higher possibility to swing within the following price channel. Great chance for doing some swing trades.
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Range from 0.00004175 to 0.00005054
Number of grid: 30
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Enable BitUniverse Grid Trading Bot to auto-swing trade in the price channel.
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According to BitUniverse GTB backtesting algorithm , KNC has a higher possibility to swing within the following price channel. Great chance for doing some swing trades.
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Range from 0.00111579 to 0.00149961
Number of grid: 30
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Enable BitUniverse Grid Trading Bot to auto-swing trade in the price channel.
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According to BitUniverse GTB backtesting algorithm ,RCN has a higher possibility to swing within the following price channel. Great chance for doing some swing trades.
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Range from 0.0000049634 to 0.0000059793
Number of grid: 30
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Enable BitUniverse Grid Trading Bot to auto-swing trade in the price channel.
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According to BitUniverse GTB backtesting algorithm , MANA has a higher possibility to swing within the following price channel. Great chance for doing some swing trades.
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Range from 0.00026585 to 0.00033826
Number of grid: 30
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Enable BitUniverse Grid Trading Bot to auto-swing trade in the price channel.
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According to BitUniverse GTB backtesting algorithm , ELF has a higher possibility to swing within the following price channel. Great chance for doing some swing trades.
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Range from :0.1259 to 0.1723
Number of grid: 99
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Enable BitUniverse Grid Trading Bot to auto-swing trade in the price channel.
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According to BitUniverse GTB backtesting algorithm , LUN has a higher possibility to swing within the following price channel. Great chance for doing some swing trades.
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Range from 0.000412 to 0.000741
Number of grid: 99
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Enable BitUniverse Grid Trading Bot to auto-swing trade in the price channel.
BitUniverse - auto-portfolio and trading bot
All for Free...
According to BitUniverse GTB backtesting algorithm KNC has a higher possibility to swing within the following price channel. Great chance for doing some swing trades.
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Range from 0.0000331 to 0.0000613
Number of grid: 99
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Enable BitUniverse Grid Trading Bot to auto-swing trade in the price channel.
BitUniverse - auto-portfolio and trading bot
All for Free and...
According to BitUniverse GTB backtesting algorithm, AST has a higher possibility to swing within the following price channel. Great chance for doing some swing trades.
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Range from 0.00000654 to 0.00001298
Number of grid: 99
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Enable BitUniverse Grid Trading Bot to auto-swing trade in the price channel.
BitUniverse - auto-portfolio and trading bot
All for Free...
According to BitUniverse GTB backtesting algorithm , FAIR has a higher possibility to swing within the following price channel. Great chance for doing some swing trades.
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Range from 0.00001to0.00002
Number of grid: 99
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Enable BitUniverse Grid Trading Bot to auto-swing trade in the price channel.
BitUniverse - auto-portfolio and trading bot
All for Free and...
According to BitUniverse GTB backtesting algorithm , EOS has a higher possibility to swing within the following price channel. Great chance for doing some swing trades.
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Range from 0.00001142to 0.00002369
Number of grid: 99
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Enable BitUniverse Grid Trading Bot to auto-swing trade in the price channel.
BitUniverse - auto-portfolio and trading bot
All for...
