DayTrader

[DayTrader @CryptoDTrader]

BTC scenarios:
Long - wait for close above $60039.60, enter on the retest at that price. SL $59580.80, TP $60497.70, 1RR.

Short - wait for close below $59122.70, enter on the retest at that price. SL $59580.80, TP $58663.90, 1RR.

Trade first setup only.

[DayTrader @CryptoDTrader]

@wcryptocapital @CrusherHODL @NineIronCapital ... explain how it protects the RToken against defaults in its collateral? If RToken goes into stress and depegs, uses all its collateral to defend and only has the over-collateralization left (being the 369 wallet), how does it sell that to defend its price? hint - it cannot

[DayTrader @CryptoDTrader]

@wcryptocapital @CrusherHODL @NineIronCapital That's stupid, the point of collateral is that is can be sold to buy the token. Saying something is backed by a wallet you cannot access doesn't work when the token is under stress. Might as well just say it has no collateral.

[DayTrader @CryptoDTrader]

BTC scenarios:
Short - Wait for close below $59550.5, then enter on retest at that price. Target $59001.7, SL $60099.3. 1RR

Long - Wait for close above $60648.1, then enter on retest at that price. Target $61196.8, SL $60099.3. 1RR

Trade first setup only, my guess is the short.

[DayTrader @CryptoDTrader]

@LibertySwapFi i would ponder why there isn't a fully decentralized stablecoin in there, then change that pretty quickly.

[DayTrader @CryptoDTrader]

BTC - already hit for the day. Automated system got the call.

Sorry i can't give every call as they happen but will try to give as many as i can. Keep watching ETH for today, i gave the entries to aim for in the prior message.

[DayTrader @CryptoDTrader]

ETH - scenarios:
Long - Wait for close above $1695.43, then enter on retest of that price on 5m. Target $1726.65, SL $1664.21, 1RR.

Short - Wait for close below $1633.28, then enter on retest of that price on 5m. Target $1602.35, SL $1664.21, 1RR.

Take first setup only.

[DayTrader @CryptoDTrader]

Looks like we will be shorting today, wait for the retest to $64482.3 on the 5m then enter.

[DayTrader @CryptoDTrader]

BTC scenarios:
Long - wait for close above $64830.6 and then enter on retest of that price. Target $64956.3, SL $64704.9, 1RR

Short - wait for close below $64482.3 and then enter on retest of that price. Target $64356.6, SL $64608.0, 1RR

Trade only the first one that happens.

[DayTrader @CryptoDTrader]

ETH - No trade today, the play happened earlier in the day which is outside my manual trading hours. My automated trading system picked up the trade for a nice 1R. I have a 68% win rate on ETH, follow me for good setups and calls during my manual trading hours.

[DayTrader @CryptoDTrader]

Unfortunately a loss today, which no strategy is perfect. Not many will show you the losses along with wins, most will just delete. I will show you the losses. Note, i have a 69% win rate on BTC with this strategy. Follow me every day for setups.

[DayTrader @CryptoDTrader]

BTC - it has broken and retested for today, open short, target $62937.3, SL $63173.9, 1RR

[DayTrader @CryptoDTrader]

Looks like the first setup was the long, hope you joined along and got some profit.
Done for the day.

[DayTrader @CryptoDTrader]

BTC:
Long - Breaks and closes above $62776.5 on the 5m, enter on the retest at that price. Target $63013.2, SL $62539.8, 1RR

Short - Breaks and closes below $62303.1 on the 5m, enter on the retest at that price. Target $62066.4, SL $62539.8, 1RR

Take the first setup, not both.

[DayTrader @CryptoDTrader]

FYI - this strategy has a 65-70% win rate, 1 trade a day on BTC at most, sometimes no trade but that's very rare.
Its simple and easy, most people go wrong by overtrading or giving up on a couple of bad days.

[DayTrader @CryptoDTrader]

Don't enter now, the move is already done.

[DayTrader @CryptoDTrader]

BTC - Enter long with a target of $66063.60, stop loss of $65800.40, 1RR.

[DayTrader @CryptoDTrader]

That was quicker than expected:

[DayTrader @CryptoDTrader]

Also don't force the trades, if they don't retest, then don't trade. We only look to trade 1 BTC and 1 ETH trade each day based on where it breaks out, but sometimes there are no trade days. Consistency is key.

[DayTrader @CryptoDTrader]

ETH - wait for a retest and enter at $1785.
Set SL at $1781.85, Target $1789.72, 1.5RR.

ETH is less predictable than BTC, so win rate is lower, hence the higher RR.

[DayTrader @CryptoDTrader]

If its too tight for you, another option is enter long on retest at $1787.65, SL at $1780.68, target $1794.63, 1RR.
Overall you get a higher Win rate, but lower return, all depends on your comfort level