Cryptodontrading

Cryptodontrading

Bitcoin is currently fighting some resistance at the HKEX:30 ,000 level. If the moving average currently at HKEX:29 ,000 breaks then a possible downside target between HKEX:25 ,000 and HKEX:26 ,000 is on the cards. The current trend is still very bullish and even if it hits these levels the bull case is still very strong. The TDV indicator is showing the range...

Cryptodontrading

With a full buy signal on the daily timeframe and a early entry signal on the 3 Day timeframe this is a good opportunity to take either a long term position or a trade setup with a stop around $19450 and an exit at 24k for a nice risk reward ratio of 3. Pay attention to the market type, we are still in a bear market so position sizing should reflect that.

Cryptodontrading

There is a full buy signal on bitcoin after it dropped -55% from the sell signal back in April at $40000. There was an advance buy signal at 30k so this full buy signal will significantly move our buy average down closer to the 20k price point. The 3 day base is at 33k so that would be a possible target for this bear rally. We are still in a bear market so...

Cryptodontrading

Hex has given a full buy signal on the daily timeframe. However, the past two previous times these have been false breakouts. We are still in a bear market and these types of false breakouts are common in these market conditions. Is there enough there in my opinion to increase the position size? Yes. However, since we are in a bear market be sure to manage that...

Cryptodontrading

Tezos had a rough time in the bear market with the price dropping around -90% since the all time high of around $9.20 after significant downward pressure now is a possible good entry. Price is near the lows and for only the second time since the drop from all time high we have a full buy signal. There has been two advance buy signals on the way so if you have been...

Cryptodontrading

A full buy signal on FTM after dropping over 90% from the last sell signal. There have been a few Advance signals on the run down but this is the first hard Buy Signal. If you have been waiting to go long on FTM against USDT then this is a good area to go in with the majority of the position size.

Cryptodontrading

There a second buy signal on HEX against USDC, this will increase the position from the first signal and move the buy average down a small bit. We wait now for a hard buy signal to go in with bigger size on this position.

Cryptodontrading

Today there is a confirmed buy signal on FTM against USDT. This is the third DCA signal since the hard sell signal at the $2 mark. The price dropped over -90% since then. The turning point here is above 0.34 cent which the price is currently at. If a hard buy signal comes then it would be time to increase position sizing and take real interest in this trade.

Cryptodontrading

The first buy signal on ETHUSD since the hard sell signal at around $2900 back in April. This is an advance buy signal so only a small percentage of overall position size should be bought here. I will use this as an example of how to use these indicators so we can follow the trade from entry to exit. Risk isn't really telling us much but the TDV is outside the...

Cryptodontrading

We have a new buy signal on Tezos coming in around $1.54 the previous one at the end of May was at the $2 price range. If you took the same position size on both signals the average would be somewhere in the middle around $1.75. Price is currently up around 10% from the signal. Risk here is Neutral and we are still in a bear market so manage position sizing accordingly.

Cryptodontrading

There is a clear buy signal on FTM against the BTC pairing. This comes after a drop of -73% from the last sell signal. With the way the market is some alts will outperform against the BTC pairing. There was a previous DCA signal in April and if you took that entry (which should be on a very small percentage of the overall position) then now is a good time go in...

Cryptodontrading

Hex is down -65% from the previous sell signal at around $0.13 and after falling around -73% from that signal we have just got a confirmation on an entry with a DCA buy. With the base at $0.10 and the TDV indicator at -54% and the risk in a neutral position, this is a good area to start opening a position on HEX. The previous breakout failed at $0.13 and now is a...

Cryptodontrading

We now have a clear buy signal on the Fantom / Ethereum pair. This follows on from the early buy signal just over a week ago. The price is currently down -64% since the last sell signal all the way back in February, if you previously exited at that signal now is a good time to get back in. I expect Fantom to outperform Ethereum at this point in time. Manage your...

Cryptodontrading

Solana has flashed the first clear buy signal against Ethereum since the last sell signal in December 2021, with three previous DCA signals during the downturn it now looks promising for a clear run to out perform Ethereum. Price is currently 20% above the base so there is lots of room for the price to pull back a little, manage risk and position sizing and you...

Cryptodontrading

FTMETH has confirmed a DCA buy signal. This is the second one since the previous on in March. I expect the market to crab sideways for the next weeks so these ALT trades against ETH will start showing there head while ETH isn't doing much of anything really. If you took the previous signal in march then you will need to adjust your position size to what is...

Cryptodontrading

Since the last sell signal at $40,000 bitcoin is down 47%. Based on the Price vs Base of 30% and the historical value of the 20k price range being a previous all time high, this is probably a good area to at least start thinking about buying back in. I would only do this on spot positions though, trading on margin here leaves you wide open to high volatility and...

Cryptodontrading

Fantom is down a huge -81% from the sell signal all the way back in February at just under $2. Above 0.65 cents and maybe we start to see some signs of recovery but right now anything below that level is just downtrend continuation. Stay away until things start to look a bit better.

Cryptodontrading

Ethereum down -30% from the sell signal at 2.8k less than 1 month ago. Area of interest for me is between 2.4k and 2.6k, best play at the moment is to sit on the sidelines and wait for the trend to change. Obviously these levels can change and go a bit lower as the price action progresses and the values on the indicator change. Set some alerts and wait it out.