Impressive cryptotrading ideas, early february (beware of icon - or not!?)

in #money4 years ago

Hey guys, I would like to share my current trading ideas with you. Hope you´ll enjoy it!

Cosmos

(source: https://www.coingecko.com/)

Cosmos (atom) - after a long period of consolidation it's off to the top: confirmed uptrend line and hammer candle - looks pretty good, doesn't it? :)


FTX Token

(source: https://www.coingecko.com/)

FTX also in uptrend (medium-term slight increase) plus clear breakout - let's see how far it goes.


Bittorrent

(source: https://www.coingecko.com/)

Started saucer formation as it is written in the textbook on technical analysis. If you know your way around - there is only one way forward - upwards. (chuckles)


ICON

(source: https://www.coingecko.com/)

When i saw the course today i went - nice and naive - straight into it according to the motto: wow, movement, correction and go on - until i pushed up the time horizon a bit...

(source: https://www.coingecko.com/)

Strong resistance at about 0.44 was indeed broken through, but after that backreverse and levelling off by pretty much the same amount - possibly fake breakout - was too risky for me personally. What do you think?

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References:

active cryptotrading since november 2019

yield in the last month: 3.7 %

style: swingtrading, primarily technically oriented

holding period: 1 day to several weeks

personal characteristics: daring, keen to experiment, passionate and a little bit crazy :)

intention: share and multiply knowledge and experience in cryptotrading and - not to forget - have fun

degree: master of science (faculty of natural sciences, university of magdeburg, germany)


Disclaimer:

I would like to remind you that the data contained in this blog is not necessarily real-time nor accurate. All prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore I don't bear any responsibility for any trading losses you might incur as a result of using this data.

I will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this blog. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


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