Sharkethics

Sharkethics Updated 

100 trades crypto series Starting date: 9/August/2021 Day 4 Starting capital: $500 Capital at present: $583 Trade nr. 13 (all trading ideas in the series with commentary and outcome can be found on my profile) As bitcoin sentiment turned a little bit to the bearish side all my today's trades were SHORT. Also I was luck enough to catch the BTC market cap...

Sharkethics Updated 

100 trades crypto series Starting date: 9/August/2021 Day 4 Starting capital: $500 Capital at present: $583 Trade nr. 12 (all trading ideas in the series with comentary and outcome can be found on my profile) As bitcoin sentiment turned a little bit to the bearish side all my today's trades were SHORT. Also I was luck enough to catch the BTC market cap...

Sharkethics Updated 

100 trades crypto series Starting date: 9/August/2021 Day 4 Starting capital: $500 Capital at present: $583 Trade nr. 11 (all trading ideas in the series with comentary and outcome can be found on my profile) As bitcoin sentiment turned a little bit to the bearish side all my today's trades were SHORT. Also I was luck enough to catch the BTC market cap...

Sharkethics Updated 

100 trades crypto series Starting date: 9/August/2021 Day 4 Starting capital: $500 Capital at present: $583 Trade nr. 10 (all trading ideas in the series with commentary and outcome can be found on my profile) As bitcoin sentiment turned a little bit to the bearish side all my today's trades were SHORT. Also I was lucky enough to catch the BTC market cap...

Sharkethics Updated 

100 trades crypto series Starting date: 9/August/2021 Day 3 Starting capital: $500 Capital at present: $574 Trades made - 10 (all trading ideas in the series with comentary and outcome can be found on my profile) BEAR VIEW: -Entered on a strong bear breakout (bear candle closed on it's low) -Apparently it was a final bull flag with visible rejections, signaling...

Sharkethics

100 trades crypto series Starting date: 9/August/2021 Day 3 Starting capital: $500 Capital at present: $526 Trades made - 9 (all trading ideas in the series with comentary and outcome can be found on my profile) BEAR: -Biggest candle late in a short term trade signaling that it might be an exhaustion candle followed by selling - Overextended bull run, profit...

Sharkethics Updated 

100 trades crypto series Day 2 Starting capital: $500 Capital at present: $526 Trades made - 8 BULL: -Another leg up likely after strong breakout BEAR: -tight trading range on 5min - hard to make money -possibility of deeper retracement to 0.328 or 50% before resuming skunk stop (stop/loss is way too tight and furthermore, position is way too big....

Sharkethics Updated 

BULL: -Very strong upside move on a lower TF. Pullback expected to be brief. -Higher lows forming -On a higher TF it is still a bull trend, so probably better slightly more probability, that bigger trend is resuming? -Healthy RSI BEAR: - Even though it is a bull trend and broad bull channel, there is a strong resistance from the previous fair value channel lower...

Sharkethics Updated 

Strong bull trend and PB Entered on the 3rd entry, broke above EMA Profit target expected at least of the top of the range Exited later, as strong bull bars formed with no visible pullbacks.

Sharkethics Updated 

Entry on higher low trend reversal Coincides with HTF bull channel bouncing of the fair value lower channel Targets should be a control price, the middle of the fair price channel or the top of the local trading range. will evaluate TF on a reach of the mentioned levels. IN CONTRAST: Short term bear trend and lower high wasn't breached and might act as a resistance.

Sharkethics

bad entry, as there was no good follow through bar Sold expecting rejection from a resistance of trading range, but stop was too tight (skunk stop). Furthermore it is probably better to buy with a prevailing trend which is bullish. More profitable to buy on a support of TR than to sell a on a resistance of the same TR.

Sharkethics

Strong short term bear trend, but after strong bull trend. Big up, big down, big confusion, so TRADING RANGE. Although strong bear trend, price action took a support of a broad bull channel. Initial thinking was that it will break and go down for at least a control price target which is dashed line. Furthermore head and shoulder pattern formed so was expecting...

Sharkethics

Entered late in the trend and was stopped out. Eventually it played out as a falling wedge and gone the other way. Original idea that the price was in excess and might go down for another leg to the lower support of fair value (bear trend channel) or at least control price, which is dotted line. It might still do that, the mistake might be too tight...

Sharkethics Updated 

Higher TF bullish trend with pull back Broken bear trend resistance and micro bull trend. Expecting another push up Initial profit target - resistance of the previous high Bull channel on a 5min chart Second entry buy which correlates with excess price.

Sharkethics

Hello traders, I wanted to demonstrate how just using market principles of supply and demand, value and control prices and market inertia - good decisions and juicy profits can be made. Market's in a trading range and as you can see it going downwards. Well you don't have to be an expert to notice that even though market is in a trading range from the higher TF...

Sharkethics

Hello traders, As expected bitcoin was rejected at all-time high resistance. Price is braking a short time uptrend and might go lower to retest 54k and then 52-51k. I think it will resume resume on a support of these levels or higher degree uptrend. If bitcoin going to range market (move within an interval) for several days it is a probable another rally for...

Sharkethics

Hello traders, It is quite hard (at least from my perspective) to tell where bitcoin is going in short term. It seems that is short term bullish, but overall I tend to lean towards neutrality. I mean it might hover up and down for some time in the range of 46k to 52k. We should see and wait if any significant resistances or supports are broken, but for now it...

Sharkethics

Hello traders, This time I would like to breakdown a downtrend for this blockchain coin. I think it has some huge potencial to the upside as it went a significant 63% from its top. As you can see from a chart we have 3 stages of short term bear market. First we can see a sharp sell off from the top followed by dead cat bounce. A dead cat bounce is considered...