UPDATE: SAND UP 1644% after bull signal - What Next?
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UPDATE: The price went sideways for a while before the big pump in Jan. Making a whopping 1644+% after the bullish "Supertrend Ninja" signal in Jan 2021. That's a life changing trade for many people.The second signal went 201%. While the fourth gave another 976%. It also predicted two big drops (in purple) of -73% and -25%.
Currently the price seems to be in a range. Which is visible in the RSI as well. Another drop here before making a bull run, or continue moving sideways in this range wouldn't surprise me as well. Generally the "Supertrend Ninja" gives around 2-8 bullish signals a year. Take profit levels are shown in blue using Fibs.
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using the indicator "Yo Show Me Some Support - and Resistances". Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my "Supertrend Ninja indicator", which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "Heikin Ashi Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
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UPDATE: The price went sideways for a while before the big pump in Jan. Making a whopping 1644+% after the bullish "Supertrend Ninja" signal in Jan 2021. That's a life changing trade for many people.The second signal went 201%. While the fourth gave another 976%. It also predicted two big drops (in purple) of -73% and -25%.
Currently the price seems to be in a range. Which is visible in the RSI as well. Another drop here before making a bull run, or continue moving sideways in this range wouldn't surprise me as well. Generally the "Supertrend Ninja" gives around 2-8 bullish signals a year. Take profit levels are shown in blue using Fibs.
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using the indicator "Yo Show Me Some Support - and Resistances". Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my "Supertrend Ninja indicator", which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "Heikin Ashi Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
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