In my understanding, a gambler is a person who cannot restrain themselves from random trades. This is a trader who has undergone training (or self-taught), created their profitable trading system, but continues to deplete deposit after deposit because they cannot adhere to their own rules. For every good systematic trade made by such a person, there are several random trades that eat away all the profit from
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.
$XMR The asset has been trading in an uptrend for 3 months, paying little attention to Bitcoin (correlation with BTC is less than 30%).
Therefore, if the market starts to recover in the coming days, $XMR could show strong growth, significantly outperforming other fundamentally strong coins. #XMR #XMRUSDT
$XRP On Thursday, amid a sell-off across the entire market, the price failed to hold its reversal structure and returned to the descending channel. At the same time, buyers showed a reaction as the price approached the channel’s lower boundary.
This gives us a decent entry point for a long scenario, with a short, clear stop and good profit potential. #xrp #Xrp🔥🔥
$CYBER The coin is rising smoothly and technically against the market, alongside increases in volume and open interest.
For entering to catch the continuation of this rise, I see two options for now: 1. Pick it up during a short squeeze, which gets bought back very quickly, as the history shows. 2. Wait for consolidation and enter on a breakout above its upper boundary.
Both options are scalps: you enter, it doesn’t work out, and you exit immediately. #CYBER #CYBER/USDT
$ZEC The crypto market is starting to correlate more and more strongly with the US stock market. And today’s crypto drop following tech stocks is yet another confirmation of this.
$ZEC seems to be the only “heavyweight” right now trying to resist this dependence and still holding on to a bullish reversal structure. So if you’re going to try to pick anything up during this drop, the choice is obvious.
I’ve been in a position since the short-term trendline broke. If we fall lower, I’ll add to it. Stop is beyond the levels. #zec #ZEC/USDT
$ETH The ETH chart looks set to continue rising. I’ll enter in two batches: 1 — from the lower boundary of this consolidation, 2 — on a bullish breakout from it, possibly breaking through the round 1450 level.
$XRP This is already the 4th time price has approached the upper boundary of the channel, so there’s a chance the channel will be broken on this attempt and we may see a trend reversal.
I’ll build a position from current levels until a retest of the local consolidation, with a stop beyond 1.23.
Take profits near 1.5.
The risk-to-reward ratio for this trade will be at least 1:4. $XRP #xrp #Xrp🔥🔥
$DOGE Dog looks like it's bottoming. I'll build a long position with a stop below local lows around 0.0676 and ambitious take-profits above 0.15. #DOGE #Dogecoin
$ARIA Price took liquidity (longs’ stops) and quickly returned to the channel, which is a strong buy signal. It also gives us a clear zone for building a position.
I’ll build my position from the current price up to the retest zone of the short levels, then add on a breakout of the highs if it forms an entry point below them.
Take profits after a breakout above the round-number level of 0.15. #ARIA #ARIASetup
$ARIA I'm currently watching this channel. The coin is trading on elevated volume, with potential for growth.
As for entry points, I'm waiting for price to tighten up toward the highs and form a local consolidation. When it breaks out of that consolidation—that is, breaks through the local levels beneath the channel's upper boundary—I'll try to enter. #aria
The coin is forming an ascending channel, and there’s a chance this could develop into a decent long move.
So I’ll enter near the lower boundary of this channel with a small position and add along the way. For example, there’s a level above, nearby, plus the round number 0.1. Perhaps a breakout above this high will offer an entry point to add. #AIOT
At 0.0053 on the spot market, there’s a small iceberg order replenishing the sell orders. Apparently, it’s what’s keeping the price from moving higher, even as open interest is rising.
The plan is to enter on its execution and catch the breakout from the channel.
$AIN The coin has formed a decent breakout pattern. I’m waiting for it to consolidate near the highs. I’m planning to enter at the first local level, 0.285, with a very tight SL (if it doesn’t work out, I’ll exit immediately). If it works, I’ll make another attempt at the next level.
The goal here is to capture the first impulse as short sellers’ stops get triggered, presumably above the round number 0.3. I don’t plan to hold this trade.
$BIRB After a strong correction and consolidation, the price is beginning to form a reversal pattern with a clear entry point and take-profit targets. #BIRB