Is swing trading your thing? Do you also trade on Bybit? In this post I am sharing 4 strategies built with the Ultimate Trading Bot indicator, to be used in a 4 hours time frame.
BTC/USD Perpetual Futures Contract 240 BYBIT
In this strategy, the entries are created from the RSI divs and filtered by a 36 days Tilson T3 trend line, while the trades are guided by a trailing stop loss and take p ...
Huge triangle in formation on the S&P500. The short term indicators are bullish: we are above the 150 day and 200 weeks moving averages, both being used as support when price is above them.Price has been contracting last few weeks and traders are waiting to pick a direction. The bearish target would be 2700$, a price we didn't see since the sanitary crisis. The bullish target would be a new all ti ...
Ethereum (ETH) has recently seen a decent increase in price, breaking above the $1,750 resistance level and continuing to rally higher. The bulls successfully broke through the $1,860 resistance level, which has now become a support level for the altcoin. ETH has set a new multi-month high of $1,944, but some warning signals are being demonstrated by the RSI. However, the price is still clearing t ...
Let's start on the weekly and daily charts:The weekly shows an ascending wedge.A rising wedge is often considered a bearish chart pattern that indicates a potential breakout to the downside.Trading volume and RSI are also decreasing.=> The sentiment is bearish on the weekly timeframe.On the daily, we are seeing consolidation areas. The current area might be broken to either side, knowing the previ ...