In answering what professor @yohan2on as an assignment which is this below.

Using your knowledge of technical analysis demonstrate your understanding of Swing trading with your original screenshots that display the process

Our expectations should involve this following;

(1). A clear trading plan

(2). A Crypto asset pair

(3). What's your Entry and exit strategy?

(4). Multiple time frame analysis

(5). analysis and use of other relevant supporting indicators for your trade decision.

(6). Trade management ( Setting stop loss, trailing stop and take profit)

Swing trading

Swing trading is one of the trading style that involves a trader to go into it so as to get profits within small to medium timeframe which can only last for few days and even up to several months or so.

For a trader to start swing trading, technical and fundamental analysis is being used so as to forecast and analyse the market trend, direction and strength as to when it's favourable to go into the swing trading.

In swing trading style, a trader is not expected to pay too much attention to the charts, but rather just study the charts for a long period of time which could be even months But the minimum period a swing trader could observe before going in to trade is 1 hour.

Swing trading is very important because a trader is able to make profit no matter how little as the trader is also not after much profit. Going in to a swing trading is easy because of its time management in the study of the chart, and technical analysis alone is essential to forecast the right time for a trader to go into the swing trading with not necessarily requiring fundamental analysis.

Swing trading gives little profits coupled with risks, in which there is a probability that the market trend might change direction over the night. And as such swing traders use a risk/reward principles. In which the profit is always bigger than the loss to a ratio of 2:1.

The reason for my in to entering this swing trading of ETH pairing with USD is because that ETH in the last two months has become an competitor to the master coin Bitcoin even though it has not reached even halfway of its market capitalisation, but it rises in value that even hit to 53k in the month of February this year, and soon started a zigzag pattern where it might rise this minutes and fall the next and as such trading in between these fluctuations tend to give a little profit

There are some trade strategies to be used before placing a trade in swing trading and for the sake of this write-up I will be swing trading on ETH USD where I already studied the market trend by studying the chart direction from 1 hour to a month timeframe by trying to indicate the uptrend in the monthly and weekly chart and the downtrend of the hourly charts and then I place my support and resistance line and EMA by making sure that both the prices lines and that of the resistance and support are all above the EMA line.

I then used a square as an indicator when the support line go a little down the immediate last downtrend.
I then set up my stop loss just below the most recent downtrend price and a take profit when it pleases me

ETHUSDT REVIEW

The above chart display the ETH USD where it shows that how I set the EMA length to 50, with recent support line level was at $2895.67 with an overflow of shadow $2780.14 and having the resistance of $2811.48 level for a long swing trading.

Then the entry level will be at $2619.829, and when there is a positive probability of the anticipated price direction then I place my stop loss at$2047.61 with $2491.06 as the trailing stop loss. Then I set the first take profits at the recent resistance that was $2811.48 level and second take profits at $2908.187 and that is bringing the risk reward principles into action. In case the market trend direction suddenly changed to a reversal and the anticipated lost of only $3 would be made or profits as expected is gained

Trade Management

The trading management in swing trading minimise the level at which someone might lose to the trading even though trading is all about either loss or profit.

So to lessen the amount of losses one could get in swing trading we came up with the use of the stop loss indicator which is place somewhere just under the closing price of the above picture chart.

Other trade management incurred were the use of take profits at the first resistance line slightly below the line, the trailing stop is also a good trade management tool.

Also the entry and exit strategy taken were very good in ensuring less loss in the swing trading

@yohan2on