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Fulltime trader - Crypto - Stocks - No bullshit, just trade setups, analysis, trade education and our view on the markets using TA. -Not financial advice-
8 Apr
1/ 📈 $BTC $USDT #BTC #USDT

Current thoughts about Bitcoin. I see many people becoming bearish and yes, there are some reason to be cautious. I'll explain in this small thread why I am still leaning towards a bullish bias and new all time highs in the next few weeks.
2/
Let's look at market structures. They give me very valuable information. Short term we are making lower highs and lower lows, so that's why people become bearish. We need to create a new higher high to change that trend. I'll show below why we could start going up from here.
3/
The bigger picture still clearly shows higher highs and higher lows. So all I am currently looking at is forming a higher low somewhere. The grey zone, which currently acts as support, could be the higher low area. If we get a 4h close above $59.867 I am expecting new ATH's
Read 5 tweets
21 May 20
1/
The power of a good Risk Reward Ratio (RRR)

Example: A trader uses 1:3 RRR on all his trades. He loses 7 trades, wins only 3 trades and still manages to become profitable. Want to learn how? Read this thread below!⬇️

(And follow us for more!)
#Trade #education #BTC #crypto Image
2/
When using a RRR of 1:3 it means that your Risk (Stoploss) is 1 and your Reward (target 1) is 3. So your Reward is always 3 times as big as your Risk.

So, for example: When I take a trade with $100 Risk, it means that my Reward is $300.
3/
When your tradesetup has a 5% stoploss (Risk) it means that target 1 (Reward) has to be atleast 15%.

When your tradesetup has a 2% stoploss (Risk) it means that target 1 (Reward) has to be atleast 6%.
Read 8 tweets