How to use TA to scale in and out of Crypto Trades for extra profits!

Published on:

SmartOptions is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

Cryptocurrency trading can be a wonderful and horrible thing at the same time. You fall into hell when faced with losses and float on air amongst the heavens when your alt coins have big rises. In both cases, you are a victim of emotions and likely lack the logic to stay balanced in your efforts to profit from the market’s simple moves. I can tell you that true profitability comes from grounding yourself not only as a trader but also as a person. Any fool can quickly make or lose large amounts of money in this space.

If you are wise and follow some of the guidelines, using your good logic and discipline, which I hope you will develop. The amounts of your future gains could very well be staggering indeed. The idea behind using TA is purely one of logic/balanced reasoning. Most try to use it to predict the future when it teaches us to examine where we were, where we are, and where we can go.

I will give you a window into how I scale in and out of positions with images below and the logic/tactics like general moving men/resources to win battles. These battles for us are simple: to capture profits and grow our Bitcoin army! (Replace Bitcoin with ETH, LTC, etc., for motivation/favorites.)

Be a Two-headed Snake when you view the market.

“The skillful tactician may be likened to the shuai-jan. Now the shuai-jan is a snake that is found in the Ch’ang mountains. Strike at its head, and you will be attacked by its tail; strike at its tail, and you will be attacked by its head; strike at its middle, and you will be attacked by head and tail both.”

In trading, this is no different. It is ok to have an overall bias, such as my buy side always looking to hodl coins and build my positions for the future, as I believe we have much upside. Even with that, I will sell without thought and fiercely if needed in the blink of an eye. Show me a chart like the one below, and I can hold a negative position where I am net short, though generally by under 10/5% of net.

I always align my bias to the technicals of the chart and not to what I think or feel. The key is to be flexible with your buying/selling. If the chart says to sell, then sell. I could absorb the full down move in many coins by trading in and out at support/resistance points with patterns/fibs and the market cycles. The key is to be flexible and focus on being the shuai-Jan, always looking to take a BITE out of the market.

Stay focused and Goal-driven.

Our primary Goal in trading is simple: to PROFIT. Sure, we can believe we want any number of things from the market, but far too many times, I have seen many get stuck in positions based on nothing more than an IDEA/DESIRE/WANT, etc. They take their eyes off the prize of the Goal to make/create profits in their trading/investing. The chart above demonstrates what is there, not anything else. At the time when ETH was in the 1200-1400 level, and I was exiting/selling, the euphoria was deafening. “We are going to 2000/3000 easy! You are a fool to sell here, just HODL!” I heard many things but did not care…

I saw what the chart showed me and scaled out like I always do—sold above 1200; the 200% level is scaling out as it went to 1300-1400 bit by bit. Then we had a very fast drop to the 800, and I started buying back and scaling out again above 1200, repeating this over and over until the buy in the 600-500 back to 900-1k again, scaling in and out. Compounding my profits, along with reducing possible losses all along the way.

The TA was there for the Resistance/Support levels, and I tuned in and increased my bank. As you will see in the video below, I am always focused on increasing my bank = THE PROFIT. In my opinion, too many people in crypto are dumbfounded and let good opportunities pass them by all the time. With a clear understanding of TA and the Goal to profit, there is a great opportunity to grow far beyond the masses that walk around almost as if they should be riding the short bus and wearing a helmet to prevent injury.

Trade like a Two-headed Snake

Get the TA & Education you need

If you don’t know the score and have no idea how to plan a trade or even what TA =”Technical Analysis” is and how to use it to trade Bitcoin or other cryptocurrencies, it is time to invest in yourself and increase your market knowledge. There is a great deal of trading and learning how to navigate the often rough seas of the market. Some ways people do this are by Signal Groups or Educational services. As long as they are not scams, I recommend trying as many as possible. Getting a varied viewpoint and seeing what you like and what works for you is wise indeed.

Often, people are amazed at some of the trades I make, and to me, it is just simple logic of using the resources and clues the market gives me. It is many years of knowledge I still have. If you want to be the captain of your ship, then climb aboard!


This article is for educational purposes only. We are no financial advisors. The information provided from SmartOptions is for informational purposes only. It should not be considered legal or financial advice. You should consult with a financial advisor or other professional to find out what may be best for your individual needs and risk tolerance.

Please do your own research and never let anyone trade your account for you. We do not support or advertise Fund Management in any kind of manner. We solely review signal providers, their work/analysis/provided education. Please read this disclaimer and leave the website if you disagree with it.


Subscribe to our newsletter, to be up-to-date with all the latest news, offers and special announcements.

We don’t spam! Read our privacy policy for more info.

Related articles


Please enter your comment!
Please enter your name here

Rico Chette
Rico Chette
Ricco Chette is nothing like what you could imagine, a fighter for the lost, weak and marginalized. Rico blazes a trail of truth often with a bullet or a glass of wine. You might think you know Rico, but you don’t… Lover of Crypto, Freedom and the Truth. Hear HER ROOOOAAAR!!!