1. Wait for RSI hit 0 then cross the 20(Purple region) - This gives the warning of a potential entry
2. Wait for MACD to turn from yellow to Green - this signals confirms to enter
3. Enter positon
4. Exit when MACD cross from Red to Yellow or
4a. Exit when RSI reaches above 80 or top and starts to downtrend. - This signals that a downtrend is likely
Just look how beautiful BCHABC Moves. this coin always rallies back. I make so much on this coin alone.
Of course, pending BTC movements, BCHABC will use that 200MA(red line) as support and make another leg up. That's what we are hoping for.
Now that entry green vertical line you see. That positon was entered on a higher TF (Time frame) 1HR. MACD had just cross...
I just want to highlight the power of the MACD Cross.
Notice all the gains you could of potential cashed in on if you scalped the top 8 high volume coins on Binance.
Incorporating this indicator into your trading strategy can help you trade with confidence.
The indicator is a standard selection in the search menu. Just change the colors to highlight from red...
Going back to my old style of Day trading/Scalping:
-Heikin Ashi Candles
-Supports & Resistances
-RSI bull cross for warning signs to buy
-MACD bull cross for confirmation to buy
-RSI Bear cross or peaked out to sell
-MACD Bear cross or Histogram color change to sell(delayed)
-2018 I made more $$ doing this and wasn't following twitter influencers.
-I chose only...
Using the heikin Ashi candles for trend reversals, you can see that the price fell out of the rising wedge as expected.
Price is not falling to the Purple MA(99) where it should bounce in the range from $121-$124.
Day traders and scalper, this is important for good entries.
Long term holders, no need to worry, you made it through all these small corrections....
With this set up, you can see the clear signs of Entry for LTC. Below are instructions on how my charts are set up. Thanks!
HA Color Change & Alert Script (How to add)
1. Go to this Link. the script was created by BobTarheel and it is free.
2. Next, save the script to your favorites.
After a massive blood bath BTC has it the bottom of the channel on the 4HR. Are we flipped to bullish yet?
Green candle has formed to show a reversal.
RSI is oversold and curving up
MACD still down trending but it lags behind anyway
Histogram turned from Red to yellow which then turns to green.
Good luck traders!!
Entered at the tail end of the dip at $7.17
Let's see how far I can take EOS. nice falling wedge here that hasn't broken out just yet but I am sure it's coming.
Buy the supports If you haven't entered into any positons yet. This is going to be a good week.
This support has held since 13 May. If support holds until Mainnet Launch, Price should be between $1.45 - $1.65/
If you want to get in, Wait for bounce off GREEN support to get a good entry or Look at the BLUE and PURPLE moving averages. get in off a bounce on those lines.
30 May is Mainnet Launch day. History...
I been in crypto since 2017. I have been through many many Mainnet Launches with lots of $$$ invested.
All have dumped on me after Launch.... It's how you handle your position is what matters. Stop loss set or did you put your faith and hope into a wonder?
Lets not lose site of what can potentially happen.
A day before Mainnet Launch, I am selling my #LINK...
Drew This resistance yesterday to see when there's a break out. buy the break out and you could of made an easy 8% approximate.
Price is testing the 99 MA. Needs Volume and the XRP Army to push through.
Buy the bounces of supports. Down enter when price is falling. Wait for confirmation.
I'm just showing you the max profits possible when you trade the MACD.
Notice that the moving averages on the MACD turn from red to green and at the same time, they are crossing upward.
Notice the Histogram reach the zero line(white horizontal line). As the histogram turns from RED - Yellow - green so you can actually prepare to enter the position.
This chart has now became a back test for you but the signs are there traders.
I don't fight on the 1D battlefield. I use the 15M to enter trades, I use the 5M to sell my trades, I use the 1H-4H to see where the price overall is going(Trend). That's how I fight, I scalp. small wins. Take $10k, you wait for a 2% dip or more. Enter the trade and sell at between...
Quick lesson how making small gains on a bounce off the Purple Moving Average (99)
I match trading views Moving averages with Binance since that's the main exchange I prefer to use. *Movings Averages: Yellow(7), Blue(25), Purple(99)
Why I took positon:
I studied how the price reacts to the moving averages on Binance and have been for over a year. They use them...
My script says buy in so I bought in. 3 different times I bought in on the support buy candles on the 1M & 5M.
Price is at the bottom of the channels I drew.
RSI is reset uptrending
MACD is below the signal line uptrending
I have my sell target range set from 7.75%-9.75%
I have my Stop loss set at .03985 which is -2%
Position size: $1500. If i lose, that's...
ADA fell 30% in 18 days. Man, that sucks.
There's no moving averages to bounce off of on the 2HR time frame so bottom support is .07072.
Still long red bear candles forming.
We need BTC to stop dropping and move sideways so we can get this ADA action going.
More info on the chart.