The main paradox and complexity of the profession of 'trader' is that in order to start earning in your relationship with trading, you must stop being the main one. You must completely submit to the 'will' of your trading system and become its slave. This thought is very difficult to comprehend and even harder to accept.
It doesn’t matter if you are a scalper or an intraday trader, it is essential to understand one of the most important rules of successful trading: you can only make money on active coins that are of interest to the market. You can identify such a coin by 3 criteria: 1. Increased relative volume. The key word here is 'relative'. This means that the daily volume should increase 3 times or more compared to the volume at which the coin is usually traded. As a rule, an increase in volume is accompanied by a strong rise or fall in price. Such coins are easy to find in any screener or even on the exchange itself by sorting coins by growth and decline.
$pippin The attempt to pump this shitcoin completely failed - after a non-volume growth, the coin immediately went into a deep correction. We are currently in a small consolidation, under which local short levels have formed. If we approach them reasonably once again, I will consider them for a breakout. #scalping #proboysignal
Yesterday, while observing the screenshots of losing trades from position traders who jumped into long positions during the Ether rally before the 4500 level, I was once again convinced that scalping is the only adequate trading style, maximally distant from a casino. Because in scalping, you do not open trades based on the patterns that are drawn for you on the chart, or forecasts and analytics from some experts; you don't need to understand macroeconomics or try to correctly interpret the statements of politicians.
In scalping, you work based on the facts of the events happening here and now in the order book: you see the behavior of the tape prints as you approach a level, you see the limit orders from sellers and buyers, including those that are momentarily placed in the spread, and you see the volumes that are at the very level. That is, you make the decision to open a trade based on metadata, not by guessing. This is true trading.
By the way, on $ETH there are two good setups for breakout: long levels at 4500 and short levels at 4200.
On $BTC there are good levels at 107200. #scalping
$Q Gradually approaching the historical minimum, there are levels. It would be ideal if we could break through them when Ethereum wipes its levels at 4200. In that case, Q could deliver an excellent short movement of about 5 percent. As for now, I don't know if I will break through - volatility and volumes have significantly decreased on the coin. #FutureTradingSignals #scalpingstrategy
$PTB The coin is trading at highs after a recent listing, there is a clear formation for a long breakout of levels. But considering the history of such breakouts on other similar inplays, one must be cautious, as often the true breakout occurs only after a stop. In short, I will be watching the situation in the order book, maybe some participant will appear in support and it will be possible to safely enter with a good volume. #proboy #TradingAlert
$SOMI They bought the coin back quite briskly in a couple of hours at 50%, the volumes increased almost twofold. There is a chance that this is not just a bounce, but a full-fledged trend reversal towards longs. Therefore, I will try to work out the breakout of local levels 0.5880 on a small volume with an ultra-short stop. The goal is to pull out a long movement - at least 10 percent. #scalping
$STRK Very beautiful long-term accumulation on lows. It is from such a formation that marketers love to pump the coin: when the entire issuance has already been bought for pennies and it can be pumped almost for free to any multiples. Additionally, large limit buy orders have started appearing in the order books on different exchanges. Today, for example, a limit order of 800k was executed on Binance, meaning someone is in a hurry to buy. In short, I added the coin to my watchlist so that if a pump starts, I can jump on the first train. #CryptoStrategy
$Q There is a second approach to loyalty. Right now, a small rebound is needed and a smooth third approach with a squeeze to the levels - there will be a good setup for a breakout. #proboysignal #StrategicTrading
$IDOL The coin is in the growth top, there are local long levels. Given how the breakouts are currently working on such algorithmic trash coins, I would not enter on the first approach - there is a risk of getting caught in a fierce spike and drop. Therefore, I will wait for the breakout of these levels, and only if it spikes - I will enter at the new high. #ScalpingTrading #cryptosignal
$ARIA The new listing is traditionally being dumped into hell. We are currently trading at an historic low, there are levels. I will break through. #Alert🔴
$PUMP The coin is trading below the 4-hour levels, their breakthrough and consolidation above will globally mean a trend reversal to bullish. Therefore, I expect a good consolidation below the highs for at least 6-10 hours, and then it might be possible to attempt a breakout. I will act as usual: I will close the main part on the first impulses (triggering the stop-losses of short sellers), and I will leave the rest in case of the emergence of a bullish trend. #FutureTarding #futuresignal #Alert!!
$ETH The ether has approached the key zone of 4500 for the third time. Right now, a good consolidation below the 5-hour levels would create a super beautiful setup for a breakout. #TradingSignal #futuresignal #Alert!! #proboy
$ENA I didn't manage to enter the breakout of the hourly incline, now I will wait for its retest or a clear formation of trend reversal. The coin generally looks stronger than the market. #FutureSignals
$IP The coin has entered a long consolidation under the levels - it can't go higher due to a large limit sell order set at the price of 8,100. People are entering shorts from it and pushing the price down. When the order is executed or removed at the shorts' stop losses, there could be a good long movement with a breakout of the long levels. I will be watching, maybe they will allow me to get in on the fading of this limit order. #futuresignal #TradingSignals