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.
$KOMA The price is being boosted quite vigorously, while volumes do not increase much. This indicates that this growth is mostly algorithmic. That means that at any moment a bot can turn on and pump/dump the coin by many percent. So, I added to the order books waiting for a participant to appear in the order book.
By the way, at the beginning of the move it was breaking local long levels quite well on the 1M timeframe, so if it draws something nice on the chart (horizontal levels or a trendline/tilt), I’ll also trade off that.
$UAI The coin has formed a strong breakout setup; all conditions are in place for a high-quality execution: elevated volumes and volatility, increasing open interest, a third attempt at the levels, and the round number 0.5.
I will lock in profit within a range depending on the situation. I’ll sell half immediately on the first impulses after the breakout, and the rest as the uptrend develops.
$ETH Further growth of ETH is being restrained by the locking in of profits by large investors, while there are no purchases at all. Therefore, in the near term the asset may undergo a good correction.
The area to open a short position here is as clear as it gets and lies in the range of 1950-2060, approximately. The only question is whether it will be possible to build up in this zone, or whether the price will drop right from the current levels.
If one enters shorts now, it would result in a very large stop and not a very good risk/reward ratio. So I’ll wait for some kind of news-driven local upward move (by the way, today at 21:30 MSK interesting moves may happen). And then I’ll start building a short position there.
#baby $BABY A very curious pattern in the open interest chart. A sharp spike in open interest occurs cyclically, according to a set algorithm: accumulation—open interest growth—accumulation—open interest growth, etc.
Sometimes such jumps in open interest are accompanied by a strong rise in price.
Trade idea: build a long position in the accumulation zone, where the price is currently located. And immediately place limit orders to take profit—e.g., in the range of 50–300%.
$RIF It is already obvious that the coin is going to break through beautiful levels around 0.15. But I don't see any entry points right now.
The ideal scenario is that it moves into a small correction, forms a local accumulation, and then exits it into longs. In other words, it will create a "break of structure" setup. On the retest of the upper boundary of this accumulation, there will be an awesome entry point.
If nothing reasonable happens before the highs, then I will enter directly on the breakout itself.
I plan to take profit in parts, starting with the first impulse after the breakout. And up to 0.2, approximately.
$SKL Visually it looks quite good: they broke the short-term structure and returned to confirm the change of trend. What’s only worrying is the drop in volume and open interest.
So, I added coins to the order book. I’ll wait for bullish activity to appear there, and then I’ll enter in practice together with the large participant—if he does. #SKL #cryptotrading
$WLD The price after adjustment is squeezed into a triangle. This is a good formation for building a position, as it allows you to enter the trade with a short stop-loss and a favorable risk/reward ratio.
Given the market context, the long scenario seems more promising to me, so for a small portion I will open a long position right now while the price is near the lower boundary of the triangle.
Next, if there is a bullish (long) breakout from this consolidation, I will look for add-on entry points. The ideal scenario: a breakout from the triangle at 0.45 and a few hours of consolidation just above it. In this case, an ideal level for adding will appear—at the breakout of the upper boundary of the consolidation.
$ZEC The coin made two very technical rebounds from the trendline, 20% each. So now, I’ll be watching the reaction on the next approach. If they start actively buying back / stuffing large sizes, I’ll try to enter with a stop below the round 500.
Targets: partly — at the upper boundary of the channel; the rest I’ll try to pull up until a higher high in the 700 area.
$IBM It seems like the story with a dump in the news about a bad report has already played out, so now I expect the stock to enter consolidation on the chart and start gradually turning into longs.
I entered with a stop at the round 200. Targets set considering a risk/reward ratio of 1/3.
$US On the correction to 0.035, the coin was actively being bought back. If we approach this zone again with volumes, you can try to build a position on the bounce.
Goal: to extend it to the break-high, somewhere in the 0.05–0.052 area. Partially unload along the way.
$LAB Coin the last days very well distributes on breakout shots. Now another breakout setup is forming with levels at a round number 0.2.
Therefore, I’m waiting for the completion of the formation, a smooth approach to the lows, and then I’ll be breaking through. For now, this is setup number 1 for today.
P.S. This is a scalping trade that is executed via special software (scalping drive). In my profile, in section "Видео", there are records of executions of such trades. If you trade only by the chart, it’s better to skip this formation.
$AKE The coin showed some fantastic growth, almost 400% in a day, and judging by how much it keeps getting pumped with volume, it doesn’t seem to be planning to stop.
Today was a great entry point to bounce off the trendline. Right now it’s already dangerous to build positions from it, since there have been many attempts. So I’ll wait for a long setup to exit and for the formation of a new structure from which it will be possible to enter again: either another pullback or a local consolidation.
$ETH The broadcast has left the channel and begins forming a structure for the continuation of the upward move: consolidation—longs breakout—consolidation.
I’ll enter directly from the current price, with a short stop for the recent low of the breakout. My target is 2100. If we form another local accumulation before 2000, I’ll add on the breakout out of it.
The coin formed clear long levels that need to be broken. I’d like to enter part of the position a bit earlier, for example on a bounce from the trend line, if we get closer to it. The main part will be added directly at the levels. To outwait a possible redistribution—this is quite possible here since the volumes in the asset are small, around 100 million.
I also plan to take profit in parts: the main part on the impulse right after the breakout, and the rest within the range as the price develops.
The entry stop is behind the round number 0.1. The post-breakout stop is placed in the break-even area.
$TAC The situation when volumes and open interest are falling, but the price stays put, often indicates that this is a fully robotized coin without organic liquidity. In other words, all pumps and dumps happen by algorithms, so in my opinion there’s no point in looking for and working with any technical analysis patterns here.
What you need to do is wait for the algorithm to kick in and enter together with it. Yesterday, by that scenario, coin $IN worked out very well—it dumped more than 50% in an hour.
In $TAC including the key level at 0.054. If the price breaks these levels and starts trading below them, there will be a high chance that the scam starts exactly from there.
So for now I’m sitting on the fence and waiting to see what happens after the break of 0.054. If it does. And then, if they don’t buy it back, look for short entry points.