₦airaland Forum

I noticed that people have been using the figures wrongly, so here we go....
when current price is expressed as a percentage of past price, the formula used to calculate it is this:
(new price(current price) - old price)/old price x 100
eg
bnb was 570, later 610, then we have
(610 - 570)/570 x 100
= 40/570 x 100
= 0.07 x 100
= 7%....

this means that your holdings in bnb (if you bought at the moment it was 570) has now grown by 7%.... that is your 100usd worth of bnb is now 107usd

If coin price moves from 100 to 130
(130 -100)/100 x 100 = 30%

means your 60usd worth of coin has now become 80usd (30 percent of the old price which is 20usd has been added)

100% of the old price will require a doubling of old price, that is the same value of old price added to it, 50% implies that half of the old price has been added
so doubling = old price times 2 = 2x
tripling = old price times 3 = 3x
halving = old price times half or 0.5 = 0.5x

so if a coin was 5usd and it does x7, it means its current price is 5 x 7 = 35
the percentage increase thus becomes
(35 -5)/5 x 100
= 30/5 x 100
= 6 x 100
=600%


So guys should stop twisting it up....
generally, to get what the new price will be to have done , so so per cent, we re-write the former equation solving for the new price

e.g what price should the coin be before we say that it has done 200% if it was 4usd before?

= ( x - 4)/4 x 100 = 200
solving for X , X = 12usd
that is, it is when price has reached 12usd that we can say that coin has done 200%....but at 12usd, price has done X3
SINCE 4 X 3 = 12
and
(12 -4)/4 x 100
=8/4 x 100
= 2 x 100
=200%


I hope you have been confused further.
Thanks

Chikacha:
Please what do you mean by 30X and 50X is it the sam as 30% and 50%?

Sorry, this is what I wanted to quote
Truth truth truth

Macelliot:
If you need a coin that might x5 before December, then Buy DREP and Hodl. Why?

Bitcoin has circulating supply of 18million
Ethereum has 181million
Drep has 39million e.t.c

Let do maths.

Law of demand and supply
*The higher the supply, the lower the price.
*The lower the supply, the higher the price.

Let's check out coin with high prices.


COIN (Circulating Supply) - (Price) - (volume)
BTC - (18million) - $62,000 - (2.1billion)
YFI - (36thousand) - $34,000 - (12.7million)
Ethereum - (181million) - $4,500. (1.5billion)
YFII - (38thousand) - $3,800 - (3.5million)
MKR - (1million) - $2,800 - (20.8million)
PAGX - (700thousand) - $1,700 - (2.81million)

Coins with high price has low circulating supply.

XEC, 18trillion supply. $0.00020916 price
BTT, 659billion supply. $0.003911 price
WIN, 766billion supply. $0.0007753 price
SHIB, 549trillion supply. $0.000051

Some of these coins with high circulating supply still has capabilities of doing X5 times because the prices are still low.
BUT, you can't compare them to coins with lower circulating supply.

Circulating supply and Price is very important.

It's difficult for bitcoin to do X3times before ending of 2021, because the price is already high, even though it has low circulating supply.

To calculate this.. circulating Supply X Price = Volume.

SHIB already has a high volume. It will be difficult for it to do X3 again before the end of 2021.

Check out DREP

Circulating supply - 39million only.

Price is $0.69

Volume is 2.18million.

Read Again

The Top 10 coins with highest price on Binance has low circulating supply. (Confirms the law of Economics)

The cheapest coins has the highest circulating supply. (Confirms the law of Economics).

For the HODLERS, find a coin that still has a low price with low circulating supply.

Buy and Hodl $DREP.
Buy and Hodl $DREP.

This message is for the hodlers.

Bookmark this post. Come back in few months and thank me later....

DieRich5:
My first coin I bought when I started trading in binance dis coin almost kill person child but leta turn out to be great.
The owner of the coin be like Buhari, dere Twitter ND TG account stopped posting like a month ND the coin start dropping after the useless update

Truth truth truth

SirAce:
Which stable fiat can I swap my btc for on binance while I wait for d dip?

You don't need fiat, just swap to busd, usdc, usdt...and so on

Fastt:
Didnt buy it but i'm farming it from binance launch pool with my profits i converted to stables. I wont sell and see where it leads. BTW,if you want to farm,its left 26days more before harvest.

It's nonsense farming....over 300usd staked and still didn't yield me 1DAR ....just unstaked my bnb and busd joor

OpenHeaven2019:
Take profits

I have been waiting for the take profit Sir/dam to yarn...now I can sleep, today's work is done....


By the way...
Sorry guys I had to admit 1 more person, he had been lobbying since days past, but he is also a lawyer and I remembered that I don't have a lawyer in my team. So we had to squeeze him in. So in case we have legal trouble, he will help sort us out.
So it's now officially shut...5+1

Watch out for them, part of their project is to be posting analysis here, you will notice them and judge how well they have learned...soon God willing they will be teaching me stuff, cos I can't monitor every chart....
Even V.A.R no dey look every incident for match....
One love ppl

It's easy, whenever you are having a nightmare type of dream, simply wake up.....

elmuba:
My DREAM coin is seriously bleeding

Market makers match orders.
If you place a buy order for 100trx/usdt, the transaction only goes if someone has a sell order for 100trx/usdt.
So a cup and handle pattern on QTUM spotted by the whole world will amount to too many buy orders on QTUM, which they cannot match....hence cannot make money. So they profit more if there is an amount of randomness (entropy, my chemistry/thermodynamics people in the house) in the system. Of course if you don't profit they do... So some ppl not seeing the cup and handle pattern will sell so that those who spot it can buy hence they make commissions.
So they can place orders to alter the chart a bit so that the person looking for confirmation (e.g waiting for the candle to close a certain way, the candle will close differently) will miss it and then place another type of order
Another example, we have all drawn our support lines for a coin and some ppl have even placed buy order at 0.1usd.... they will try to generate as much sell orders at 0,1 to match it, so they may confuse the charts to make all your village ppl sell at 0.1 so that those deals go thru and they make money... You don't have access to the book of orders, they do....

to hodl or not, I have not checked the current qtum live chart, but i gave several red dotted lines to tp: 17, 21, 26, 30
and re-entry points at 14, 11 and CMP...
so do what suits you after checking where price is...
I no one hear say na because of QTUM trade my dinner is not ready, I won't take that excuse if you are a woman...

cherishyy:
1. Why did the market makers conceal the cup and handle pattern?
2. What do they stand to gain if we don't see it?
3. I bought at 16.9 should I still hold?

Gracias
PS: what's the rate of drink money?

We drink only 100Tron ...Trx

cherishyy:
1. Why did the market makers conceal the cup and handle pattern?
2. What do they stand to gain if we don't see it?
3. I bought at 16.9 should I still hold?

Gracias
PS: what's the rate of drink money?

If you look down but not too down you will know Whatsapp....

felzylix:
Can we have LINK please?
You’re doing well

Lol.. I can hear father figure's voice echoing in my head....nkan shey miiiiiii!

OmosigoTV:
Are you normal?

What questions Ma/sir?
Must have missed them...
ask again
if i know I might attempt to answer




By the way, one slot in the mentorship program has been freed up by a student who hasn't seen his drink money...
So we can accept one more person... fastest fingers first
And that guy made me turn back 2 other guys cos space was filled... We keep a journal of .... let me shut my mouth

cherishyy:
Oya help you to help me na. Pls answer my questions.

Up and about taking your chart orders...currently at 14
Let's push this to chart 20 at the end of FIVE ON FRIDAY....




*i no dey help una....
Na myself I dey help, so please guys let's join hands and help improve me...
Yeah, I am selfish like that...

Chart requests = BTC + ALTS - SHITCOINS

Thanks

14. DENT TECHNICAL ANALYSIS
On the weekly and monthly price is teaching us intro-tech all over again...making isometric drawing (abeg tell price say na money we dey find ooo, who introtech help? That's how we were carrying first for labelling grasshopper... gosh, who designed such curriculum that could not put food on the modern table?)
Anyhow it likes to draw the orthographic or is it isometric drawing, the koko be say on the daily chart price is undergoing a compression into that triangle.
In technical analysis after compression comes a rapid expansion of price, so I expect some irrational, impulsive burst in price called an FVG (don't ask me what this is...come and register for my next batch of classes) most likely induced by a BTC movement. So please watch this space.

The main problem I have with that price expansion is that you guys were rubbing your palms thinking that price will skyrocket....Oga drop your hands.... That triangle is a symmetric triangle, and the breakout of such a triangle is 50:50 to the upside or downside... so don't be too eager to come out of that triangle.
How to enter: since it's a daily candle chart, wait for a daily candle to close outside the triangle (i.e 1am UAR TIME); still wait for a probable re-test before entering...if you miss the bus, it's your luck cos since its a sudden expansion we are expecting, price may be in too much of a hurry for a re-test.... (just imagine Saka, the UAR comedian rushing to the toilet after eating 3 days beans....)

In other news, you may choose to ignore all of the above and enter at green bus stops and exit at red lines

Remember our eqn (1)
REKT = TRADE + NFA -DYOR -DD + FOMO + FUD

14. DENT T.A coming up...
What will you guys give me when I reach 20, 50 or 100 coins analysed?

Dent will be 14th....

Thanks for the positive feedback sir, it's God's grace
'

sats:
You made me go back to using elliot wave
It's a good tool for TA

baba cut me soap na...

Rexraph18:
Still riding the sand wave..

I have locked in some profit though

you can flash buy...
you have 7usd of coin A
You quickly buy 10usd worth...now 17usd
then you sell all 17usd..
at times it's good to leave those small fractions cos out of sight may be out of mind, but if its still there in your wallet, it might remind you to buy again later at a sweeter price
shitcoins do not apply to the last sentence...lol

Smileychoco:
Please, how can I easily sell small small coins on binance that is not up to $10.
I

Someone above said that he sold his sol
And I wonder, hope he didn't sell his soul to the devil! lol
Anyways, sleepy eyes so when I wake up, I would look at your girlfriend Soul-Hannah

Timekeeper:
Pls what do you think about solana..

Tp or still ride

now look at the pump on sand!!!! now above 3.0!!! I still am not going to enter...just happy when the analysis plays out...cos it will be useful for future trades...
Take profit oh....
Openheavens, over to you

sats:
Impressive
I did not even see that

The market makers do not want you to see it...do you know the amount of profit anyone who spots and enters it will make? so they disguise market a bit so that the patterns will not form clearly....
So we devised a new rule: watch out for the pattern, if it forms clearly, then market is trying to trap you...but if it is rough or not perfectly drawn.....that is proof that the pattern is playing out
It works many times. They know that ppl have read textbook on chart patterns and are watching out for it, so they try and vary one aspect so you can say, chai it is not it...

eg this morning on sand, they know that wise traders were waiting for h4 to close as a pinbar before entering, so towards a few minutes before close, they moved the pinbar candle small to go down so that the candle body is now larger than 30% which is the textbook pattern, now ppl like me didnt enter because of that...then the pattern played out and prices went up....so do not always look for perfect play out ...all that was needed for that scenario was to spot that rejection of prices which the h4 showed and forget the pinbar.....
but of course if it was still selling now and you entered I would have been yarning dust like..."always wait for confirmation"... sometimes it's not going to go like the textbook

For those who entered regardless of the pinbar not forming...2.86 has become 2.98....with large volume that could be tangible profit and they exit....that will be an example of scalping. Well i did not enter

9japple:
13. SAND
I dey vex..............................................................................................................
Astronomical pump on sand, It meets 4.236Fib level at halfway! Meaning that if I draw it in full, It would get to 8 or 9 Fib level....do you know how much struggle some coins go thru just to make 1 fib cycle? And you do 8!!!! Anybody who ever shorted this in futures...chaii... I laugh in Chiwawa

binance will not only liquidate... they will solidify him by coming to his house and drag him to jail.
FOMO gang!!! Where do you want to take tp after 8Fib level? So it's to wait for the green lines... see how they line up?
The best time to have bought sand was 27th October!!! imagine, is that even up to a week yet?
So frustrating..thank God I analysed this coin last.... imagine breaking hearts with this stuff as your first analysis?
THe retracements are a bit consistent at 2.3 fib or 3.8. meaning the dips are not long.....
I am trying too hard to justify entering Sand now.....

I dare say that I will... My doctor of course has prescribed 2 tablets of DCA...

REKT = TRADE + NFA -DYOR + FUD + FOMO+ SHITCOIN SHILL

PS: There is a pinbar forming on 4H, IF the candle CLOSES (in 25 minutes , i.e 9am in Nigeria) as a bullish pinbar, that will be a little indication for me to enter, with the smallest amount Binance will allow...lol

9japple:
13. SAND
I dey vex..............................................................................................................
Astronomical pump on sand, It meets 4.236Fib level at halfway! Meaning that if I draw it in full, It would get to 8 or 9 Fib level....do you know how much struggle some coins go thru just to make 1 fib cycle? And you do 8!!!! Anybody who ever shorted this in futures...chaii... I laugh in Chiwawa

binance will not only liquidate... they will solidify him by coming to his house and drag him to jail.
FOMO gang!!! Where do you want to take tp after 8Fib level? So it's to wait for the green lines... see how they line up?
The best time to have bought sand was 27th October!!! imagine, is that even up to a week yet?
So frustrating..thank God I analysed this coin last.... imagine breaking hearts with this stuff as your first analysis?
THe retracements are a bit consistent at 2.3 fib or 3.8. meaning the dips are not long.....
I am trying too hard to justify entering Sand now.....

I dare say that I will... My doctor of course has prescribed 2 tablets of DCA...

REKT = TRADE + NFA -DYOR + FUD + FOMO+ SHITCOIN SHILL

PS: There is a pinbar forming on 4H, IF the candle CLOSES (in 25 minutes , i.e 9am in Nigeria) as a bullish pinbar, that will be a little indication for me to enter, with the smallest amount Binance will allow...lol

The candle has closed and it's not a pinbar...that means that there was no price rejection, bulls are weak like an Arsenal defence against a Liverpool raid...The beers are drinking bears....what am I even typing....its reddish candles for now...so we wait

13. SAND
I dey vex..............................................................................................................
Astronomical pump on sand, It meets 4.236Fib level at halfway! Meaning that if I draw it in full, It would get to 8 or 9 Fib level....do you know how much struggle some coins go thru just to make 1 fib cycle? And you do 8!!!! Anybody who ever shorted this in futures...chaii... I laugh in Chiwawa

binance will not only liquidate... they will solidify him by coming to his house and drag him to jail.
FOMO gang!!! Where do you want to take tp after 8Fib level? So it's to wait for the green lines... see how they line up?
The best time to have bought sand was 27th October!!! imagine, is that even up to a week yet?
So frustrating..thank God I analysed this coin last.... imagine breaking hearts with this stuff as your first analysis?
THe retracements are a bit consistent at 2.3 fib or 3.8. meaning the dips are not long.....
I am trying too hard to justify entering Sand now.....

I dare say that I will... My doctor of course has prescribed 2 tablets of DCA...

REKT = TRADE + NFA -DYOR + FUD + FOMO+ SHITCOIN SHILL

PS: There is a pinbar forming on 4H, IF the candle CLOSES (in 25 minutes , i.e 9am in Nigeria) as a bullish pinbar, that will be a little indication for me to enter, with the smallest amount Binance will allow...lol

desertboom:
I need fundamental knowledge of this crypto market.
Not just buying anything but sound knowledge on what to invest

Learn from the gurus here...I would have taught you, but my class is full and door is shutting, maybe another person here can have time....patience whatever the case sir

Hi all
All requested charts analysed...except sand sand....so keep your garri away, I'm coming with some sand sand analysis

Imagine after you sold, then everyone just started clapping, then the CEO & LADY then said: "Come on guys...we were just kidding!!! We're getting listed on Binance, Coinmarket and coingecko, also Elon has asked for our website address to shill on twitter!!!"
...See him trying to buy back...lol

Ibime:
Hope no one aped into this. Just come off a very disappointing voice chat in the TG group. CEO doesn't know what he's doing, he's just a banker funding the project and knows little about crypto. Nigga was saying he's been busy with his real career all day hence his absence on the TG, and the other banker lady who is supposed to be in charge of marketing sounded like she had no idea and was just reading off a script. I sold while the voice chat was going on.

12. QTUM Analysis
Am I drunk or is this not a cup and handle formation breaking out on QTUM chart? Imagine... the depth of the cup is the length of the TP when measured from the handle, around 26 - 28!!!...'Nuff said... before market makers will come for me leaking their secrets... whoever drew that cup was very very wicked...ah ah!!! It's just too deep...(these are the kind of people that want to buy a Rolls Royce from just one trade!) I had to zoom out my chart before I could even spot it... and they moved the prices in a twisted fashion so that we would not know!!!

This is not ,,...,,,,/// advice....you know what's there
Take TP oh! Openheavens have kuku warned you....
"Take TP"... what am I even typing? sleep sleep

11. DOT T.A

Do not come late to my party. If you are late then better wait till next bash.
those who buy the top usually end up topless... if you are an athletic male, you may not be bothered by this...But imagine topless-ness happening to a "Miss Nigeria-esque" beauty? Free show right?
May we never buy the top...
Some people will say Amen and yet still go ahead to buy DOT at current market price!!!....

"No be juju be that?" (you know that comedy voice)
Enough green dotted lines to wait for... so much to say but let's leave it at dot dot dot

Phone and pc can do it sir...

Reeefe:
is this on ur phone or pc?

Anna don't you sleep?
Pls buy trx with that 20usd and send trx to your gate trx wallet address... when received, you can sell it back to usdt...
I hope this helps

anna081:
Good morning gurus
Please how can I fund my gate.io wallet with 20$ from biance.
With lower charge's fee

ZEC T.A

Hmmn... Price just completed W pattern on weekly chart while riding one ascending channel since...It wants to take a breather and pour some engine oil before continuing.... Don't enter now otherwise your engine will knock. But if you are a long term hodler, no problem as long as you are prepared for the coming dip.
On the daily, we see further bearish indications:
The 5th Wave of our dear friend Elliott appears to have been completed, next is supposed to be a retracement...for the Elliott Wave retracement to occur, we must convince ourselves that Elliott Wave just happened in the first place... look at the rules again:
Wave 2 shorter than wave 1, wave 3 was the longest, wave 4 did not drop back to wave one region, a little consolidation before wave 5 started... all are there but hidden in plain sight, cos the ordinary chart looker does not know what to look for,,, but we have seen all of that play out...so we can believe in the a-b-c retracement (already playing out) which may co-inside with our dotted green line....
That is where i will place my buy order to enter (149)... take profit at the red lines up....
When dips come, we buy the lower green lines and sell the upper green lines or wait till red lines or hodl till Manchester United start wearing yellow and green again, like Norwich...but imagine the suffer....struggling team now choosing to dress like a struggling team?
Don't mind crystal palace, started dressing like Barca and took their goodluck away, now Barca losing while Crystal Palace keep winning

*Hustle oh, make NFA no use you do DYOR...
STILL REMEMBER OUR equations 1 to 4....

9japple:
ZEC
DOT
QTUM ....... LOADING......