Hi I have been posting short term and long term trading ideas for more than a year on tradingview, youtube, Facebook, Twitter and on different plat forms now I am starting this series here hope you will like it.
1st of all I would like to thank you guys for your encouragement which placed me again at world's No1 on Cryptocurrency trading charts authors list on tradingvew:
Now lets move to the list of the cyptocurrencies which I have complied for you that are expected to take bullish move within a week with Bitcoin.
But before moving to the list I would suggest you to strictly follow the below golden rules, which are result of my personal experience:
1. Don't Put All your Eggs in One Basket:
Diversification is the key to success, some times if we invest in different cryptocurrencies for short term or day trades and if 80% or 90% trades go successful and only 10% or 20% trades goes wrong than we can easily take our investment out from the trades where we are in loss because overall we are in profit on the other hand if we invest all the money in one coin and if the trading idea goes wrong then we hesitate to take out our investment from the trade in loss and most of the times we suffer from more loss in waiting for the price action to move back at least at our buying price.
2. Strictly follow the stop loss strategy:
Always make a stop loss strategy and follow it strictly. Most of the times following the stop loss techniques save you from the big losses so it is better to bear small loss rather than big losses.
3. Put your emotions aside while trading:
Remember there are two types of traders in market one is driven by his feelings and emotions this trader mostly suffers from FOMO and FUD situations the other type is who does't let his feelings associate with his trades this 2nd type of trader always take advantage by the mistakes of 1st one and usually he less suffer from loss comparatively to the 1st type, so never let your emotions and feelings involve in your trading, always take aside the fear and greed factors and follow the right strategy.
4. Never go against the market trend:
Some times we use our best strategy for trading but certainly all indicators, moving averages, oscillators e.t.c give signals against our strategy so always be flexible and follow the market trend.
5. Always make your B plan ready:
Before opening any trade always think for worst possible situation and make a plan B in case of your plan A gets failed, this is just as like you are writing a computer program's If Else statement, so if you will not prepare your self for Else then you will be stuck in If loop.
If you are fully equipped by the above rules then you can be a successful trader.
Now lets move to my list of trades. I am also sharing the link of every chart with idea.
1. BITCOIN:
After drop the price action has given us the long opportunity by forming bullish Butterfly pattern on day chart and entered in potential reversal zone of this new pattern.
Now this PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
After applying the Fibonacci sequence method on price action the targets for this new bullish butterfly pattern are as below:
Buy between: $7493.65 to $7125.48
Sell between: $7772.79 to $8457.37
2. IOTA:
https://www.tradingview.com/chart/IOTUSD/ltmZBM91-IOTAUSD-formed-bullish-BAT-Upto-13-move-expected/
Priceline of IOTA / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.2505 to 0.2454
Sell between: 0.2615 to 0.2786
3. RIPPLE:
Priceline of XRP / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.25810 to 0.24527
Sell between: 0.26821 to 0.29247
4. ETHEREUM:
Priceline of Ethereum / US Dollar cryptocurrency is has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 156.93 to 148.77
Sell between: 167.54 to 187.39
5. EOS:
Priceline of EOS / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 2.7706 to 2.6080
Sell between: 2.8991 to 3.2069
6. STELLAR (XLM):
https://www.tradingview.com/chart/XLMUSD/KePagu6h-XLMUSD-formed-bullish-Shark-Upto-15-move-expected/
Priceline of XLM / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.058006 to 0.055971
Sell between: 0.060180 to 0.064632
7. ETHEREUM CLASSIC (ETC):
The price action of Ethereum Classic / US Dollar is forming bullish Butterfly pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 4.027 to 3.378
Sell between: 5.025 to 6.767
8. CARDANO (ADA):
Priceline of ADAUSD / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.036832 to 0.035976
Sell between: 0.038874 0.041939
9. TRON (TRX):
https://www.tradingview.com/chart/TRXUSD/71V0F4yS-TRXUSD-has-formed-bullish-BAT-Upto-24-setup/
Priceline of Tron / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.013896 to 0.013428
Sell between: 0.015011 to 0.016686
10. LITECOIN (LTC):
Priceline of Litecoin / US Dollar cryptocurrency has formed bullish Butterfly pattern and entered the potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 47.881 to 44.505
Sell between: 50.500 to 56.841
11. Po.et (POE) with Bitcoin pair:
Priceline of Po.et / Bitcoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
We have 100 simple moving average strong support below the price action.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000026 to 0.00000029
Sell between: 0.00000032 to 0.00000038
12. VIBE with Bitcoin pair:
https://www.tradingview.com/chart/VIBEBTC/aR6Ih8ge-VIBEBTC-formed-Cup-Handle-Upto-46-potential-plan/
The priceline of Vibe / Bitcoin has formed a Cup and Handle and now consolidating at 0.00000222 sats .
We have also 100 simple moving average support below the price action.
I have used Fibonacci sequence to set the targets as below:
Sell between: 0.00000272 to 0.00000325
Enjoy your profits and Regards,
Atif Akbar (moon333)
Disclaimer: Every word of above article is purely result of my personal experience and research you can share using my reference moreover the information contained in this article is for education purpose only, this is not intended to be investment advice, so please seek a duly licensed professional for investment advice.
