An “oversold in uptrend” trading strategy involves identifying coins that are temporarily undervalued within an overall uptrend. The idea is to find opportunities to buy when the asset is considered oversold, meaning its price has dropped below its intrinsic value or below what is considered a reasonable level based on technical indicators.

In this Trading Video, our CEO and Founder, Richard Fetyko, demonstrates how to find swing trading opportunities in the current market.

He finds assets that are

1. Still in an Uptrend
2. Oversold (RSI < 40)
3. Near a support level

These assets could see a nice bounce up in the next few days.

Check live results for “Oversold in Uptrend” market filter here.

We teach this strategy in Lesson 5 of our new Trading Education Course. It covers 7 trading strategies, risk management and Short Selling.

Here are the video contents:

0:00 Run a Pre-set market filter “Oversold in Uptrend”
2:50 BTC analysis
4:50 LTC analysis
7:00 ICP analysis
9:00 CRO analysis
10:00 FET analysis

Trade Setup: FET (Fetch.ai)

 

Trade setup: price is in an uptrend on Medium- and Long-term basis. It’s pulled back to $2.00 support and is oversold (RSI < 40).

Stop Loss (SL) level at $1.55, just below prior swing low.

Take Profit level at $3.00 (nearest resistance). That also gives us a healthy 2:1 Reward-Risk-Ratio (RRR) of $1.00 (profit) vs. $0.50 (loss).

We teach how to set proper Stop Loss (SL) levels and calculate RRR in our new Crypto Trading Course.

 

Crypto Screener: Oversold in Uptrend

SEE MORE TRADE SETUPS

You can find swing trading opportunities in our Technical Analysis section (trade setups), AI-based Chart Patterns section as well as the Crypto Screener.

On the Screener, you find such trading opportunities by using our pre-set market scans:

Simply follow these links. You can even create alerts for them! (follow the link and click on alert icon)

1. Oversold and Uptrend (see results)
2. Coins in Uptrend and Fresh Bullish Momentum Inflection (see results)
3. Oversold and Momentum Shift (see results)