Democratic Crypto Trading Game - Break outs and VTR Day Trade Opportunity
Democratic Crypto Trading Game - VTR Day Trade Opportunity
The cryptocurrency trading can be a strange territory, full of traps and fantastic animals like anonymous investor whales, goblin scammers, blind traders, false prophets and other mythical creatures that may make the road to getting involved and actually making profit from any activity crypto trading related very difficult.
But one thing is very democratic and that is basic information about almost every coin in this universe. By using http://www.coinmarketcap.com paired with http://www.tradingview.com you can gather a huge amount of quantitative information on all those coins such as their market cap, their current and past prices, volume traded at a certain point in time, their chart indicating their price evolution and among other things a hidden gem: break outs.
Break outs are those moments when a price is evolving at a certain pace, usually up or sideways and suddenly price starts to increase at a faster rate than before, volume of trades go up and that piles up like a snow ball sometimes soaring into huge percentage growth.
As you can imagine by now, lucky are the ones who spot the break outs. Well isn't it easy since we all have access to the same tools? You tell me. I did not see a break out spotter service out there or individual willing to monitor the whole market like that AND give away that information, specially for free.
So why am I doing this? Because I share my trades and this one involves a breakout I spotted for vTorrent coin, traded on http://www.bittrex.com
Check the full chart below:
http://ibb.co/fDoCkb
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BTC - 1Mi8GX4yffe7MBbmtuaFKKfzKYtj9ggfLS
ETH - 0xC25Ad8dA5B3a3FBb5fD3822df76eF8A10e155395
NEO - AcBASSHQutkRuDUWFRxy9TkQFQUTk58vFb
DGB - DUBgmJ3uQz2ChmcZ4PJRqiQcSFDf5xcDir
This is not financial advice!
Invest and trade at your own risk. NOBODY is right all the time. They only have to be right a few times and have a great strategy and risk management to make money. Be careful, invest at your own risk.
Crypto Day Traders Club
is a Facebook group I created for likeminded individuals who are serious about day and swing trades. Not a place for people looking for easy ways to make money. There people work hard to make their buck, good bucks. We share trading insights, techniques, opportunities. Fundamental and Technical analysis ideas and facts. Always backed up by accordingly explanation, no posts or comments that don't add value to the subjects discussed.
https://www.facebook.com/groups/cryptodaytradersclub/
