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Quick Strategy To SELL @ The TOP (4 Beginners)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.
by AlanSantana
40
How To Profit From Any Coin (Simple Strategy 4 Beginners)Hello my fellow crypto-traders (my dearest souls). I want to share with you a very simple but powerful strategy. A strategy so simple that anybody can use with no knowledge or background in trading. After just reading this educational idea, you can use it forever and ever, or use it as a stepping stone to learn even more. Let's get started. Here I want to share with you how you can look up your own coin, take a quick glance at the chart and prepare yourself to profit massively in the long run from it. For this strategy to work, you will need just a few basic ingredients. 1) You need to research a coin that you would like to HOLD for LONG and profit from. 2) Make sure the coin is at its lowest, or near its lowest point. 3) A coin with a real world use, a product and active developer team. Now, here is how the strategy works. For this example, I will be using Siacoin (SC). 1) The first thing is that this coin has a real product that people can use and has been in the market long enough. So I know it will still be here a year from now or more. Or at least that's the potential based on my research and past record of the coin. 2) Open this coin chart. You can set the time frame to 1Day or 1Week and zoom out. This will allow you to see the whole story, the bottom and the top. You can also add some indicators like MACD and RSI for fun. If you don't know how to use them, it is ok, but you should learn, because if you are going to be trading, knowing this will only result in an advantage for you. For this example, Siacoin top was 0.00000838 on June 2017. The price is seating near bottom or at long time support at 0.00000050 in this example. Now, long term coins with real world use product and an active developer team always tend to challenge its top price at least once a year. In this case, the difference between the bottom price and top is about 17x. That's your profit potential. 3) Start buying your coin. Anytime you can and every time you can, buy some of these coins. Build your stack and keep on buying. As an example, let's say you are going spend a total of $1,000. It is better to buy $50 every two weeks for 10 months, or $100 per month rather than $1,000 all at once. This is another strategy but I will tell you about it another time. You can also choose to buy all at once as you chose a coin that is already bottomed out. AND THAT'S IT. Buy your coin and hold. Buy and hold. At one point, you will see something really beautiful happen. News are going to be announced, upgrades are coming to the protocol, new products are going to be developed and released, and your coin value will explode. At this point, you already have the potential to earn 17x. But if the top is broken you can earn even more, way more. As 1 year can be equal 10 years in the crypto-world. On top of that, the Bitcoin price can also increase, giving you a double benefit on the earnings from your coin at the time you sell if that happens. You are to sell near the top, after the top is broken or when you feel comfortable with the amount of earnings that you have accumulated based on the amount of time and money you put into the coin. The price swings will always happen and they don't matter. Just keep buying on every dip. So all you have to do is research a coin. Something that you agree with, with real world use, a product, concept and developers team you like and start investing in it. In a few months time or more, you can make such a big gain from this coin following this strategy, that it can change your financial life. Everything just for a few minutes of your time and the ability to be able to widen your perspective and look at the long run. Short term is overrated, ask any professional trader. And that is all. Hope you enjoyed this strategy, and you can even apply it to this very same coin. NAMASTE.
by AlanSantana
49
Siacoin Price in btc chartToday we have SC/BTC on the 1h chart, as there is not a lot of data for this asset, however, a lot of individuals have asked my opinion about this cryptocurrency and I'd like to give you all a brief overview. As you can see price is creating several key areas of support and resistance which we can use to our advantage. Currently, price is trading in between 58-46 sat and the trendline , if support holds and we manage to stay in this zone we will see a break of the trendline followed by a big move up! If we see a break of support price will drop to the zone below, trading between 51 and 49. A close below 290 would see price drop to lower levels. Siacoin is currently a part of my portfolio, they have excellent potential long term.
by AbdelbssetBenali
3
SC/BTC Bigger picture -> Possible 400% profitSia just completed a full impulsive and corrective Elliot Wave. Right now with the hard fork successfully completed the momentum is on Sia's side. Around 65 sat is a brilliant time to buy in and ride the next leg up. If you plan to hold to the final wave a 400% profit is not out of the question. Stop loss at 55sat. Thanks for reading, make sure you give this analysis a thumbs up if it you liked it and, as always, make sure you do your own research!
Long
by jakob299
13