iLegendd: Since I made 1 week to frame my default, I don't regard support and resistance that much, but it's good for day traders using 5 mins to 4 hour tf.
I have unfollowed every crypto channels I learned from back in the day. I only follow Ben and Steve.
Just search YouTube and you'll find one or use the indicator called Trendline Breakouts With Targets [ChartPrime] which I used to use when I was deep into lower TF day trading.
iLegendd: The one do DAI, USDC and USDT combined are far from the dot. The one of USDT alone is also far. I'm monitoring them because unfinished business is a trap.
Good morning boss Kindly recommend a best YouTube video on support and resistance
Usdtstaking: I hope you are using a computer. I mostly use a computer. First, visit www.bybit.com/trade/usdt/BTCUSDT and then click on the settings, which is the first picture. It will display what you see in the second picture when you click on it. Click the "Position Mode" and it will open a dialogue box as you can see on the third picture.
If you are using "One-Way Mode", change it to Hedge mode and make sure that you apply it to all USDT. Click Confirm and you are good to go.
iLegendd: The 5 green just happened, but it didn't reach the 61k I was expecting. Anyway, I longed BTC, but I'll add to my position if it does a sharp dip to 61k before going up to 64-66-72k.
I'm not a trader, I'm an opportunist.
My regret? I wanted to short Banana on MEXC when it was at $70 the day it was launched on Binance because of its bad tokenomics, but I don't know how I managed to forget. Would've made some free money.
Morning boss This is the third time recently you making a reference to 5 Green Day’s in your post and I’ve go through your profile maybe I’ll come across where you explained it but I couldn’t. Can you please tag me to where you explained it in details
iLegendd: It's what determines the strength or weakness of the US Dollar against other currencies.
In most cases, when Dollar loses strength, BTC gains strength. When Dollar gains, BTC loses. There comes a time during altseason when it no longer works effectively.
iLegendd: Whenever my DXY alert comes and it's positive +0.11, I adjust my chair for a slight dump. If it's from +2.1% and above, I get ready a big dump. This is also one of my indicators. If it's positive, BTC dumps. If it's negative, BTC pumps. Though, in altseason, it won't matter anymore — everything will pump whether DXY is positive or negative.
Currently shorting XRP from 0.633 and it's now at 0.61. At 0.6, I may leave.
I'm waiting for 5 green day phase two. We had phase 1 a week ago.
iLegendd: A lot of you know this, but some don't. I'll say it again. The 1 week time frame and the 1 month time frame is where the secret, peace of mind, and the money is, especially the 1 week TF. It's the time frame my indicators work the best. I'll share one of those open secrets in due time on the 1 week TF. Only patient people can use those two time frames.
To answer you, go on Google and type TIA coin token unlock. Open the first 5 links and go through them. I checked Token unlock and CoinMarketCap, token unlock option and got these four screenshots on page 5.
They have a 16% token unlock in 105 days, which is 31st of October, 2024. That's 3 months and 12 days from now.
iLegendd: There is a video I'll post that'll broaden your mind more on that. It's only for those who have read my tokenomics post. If you haven't, you won't understand the video.
It's a 53 minute video, but start watching from 46 minutes, that's the part we're interested in ONLY.
With this new knowledge, you'll understand how to navigate those new coins with terrible tokenomics and make lots of profit instead of avoiding them totally because they love to pump a lot before the main token unlock.
kindly remember to post all these your comments in your telegram group so that everything can be in order thanks. There is this coin that I researched for after reading your APY post,the coin had a bad Tokenomics and over 10% APY but I couldn’t find when the token will be unlocked
iLegendd: For you to know, you'll need to know 7 things
1. The cycle you're in. (Bull or bear market? If it's bull market, is it altseason yet?)
2. Current market trend, especially that particular coin and its support and resistance.
3. Tokenomics of the coin and when it will have token unlock or if it doesn't have at all to make sure you're manageably safe. And you must know the percentage of whales holding it.
4. Does it have bullish or bearish divergence?
5. Is alt dominance in lead over BTC dominance? If BTC dominance is leading, the alt pumping won't last. If you're day-trading with small timeframe, then no big deal as long as there is momentum or FUD (enough volatility in your favour) on the alt you want to long or short.
6. For long position, has the 5 Green day, phase 2-3 occurred yet? If no, then be patient. For short position, is the coin you want to short and BTC at oversold? If no, be patient except you have another trick. Also, shorting is better with a coin that has a bad tokenomics and token unlock while longing is better with a coin that has a good tokenomics and no token unlock.
7. As a beginner, use only x2-5 leverage with a tiny percent of your money. (Develop a good risk management and your personal trading strategy as you grow).
Every trader has different things they check. The above are some of the things I check and it doesn't take more than 5 minutes. It's easy.
If you don't understand most of the things I said above, don't worry. There was a video I came across months or years ago. The guy uses a system called CEST and I like it too. Search for CEST trading strategy on YouTube.
For me, I'm not really a day-trader but a patient opportunist trader. I'm like a hyena. I wait and watch for weeks or months for lions to kill, then I steal it and run with it like Tinubu.
iLegendd: Forget what anyone has told you about futures trading. After months or a year of spot trading, learn futures.
Shorting the market at the right time will favour you more than anything. Why? These exchanges are too manipulative. They delist some coins not because it's bad, but because they'll make millions by doing it.
They're already shorting it on other exchanges with highest leverage and even on their exchange. In less than 60 minutes of making that announcement, some coins will dump 40-60%.
These people are just making millions at the snap of their fingers. It's sad they're doing this to HODLers and this is why I encourage everyone to learn futures, but be strategic about it. If you can control your emotions, learn it so that you'll enjoy the full benefits of the 4 year cycle.
Read the post below and see how the coin dumped because of a manipulative announcement from Binance. See, these people can even decide to delist a big coin like ADA and MATIC, then relist them 4 hours later or 4 months later. That 1-2 weeks grace period before delisting is also manipulative.
It's to make those who didn't hear about the delisting news buy when the coin dumps 60% without knowing they'll soon become bag holders.
I’m new into crypto thou I’ve learnt many things including future trading within the short period I started but the only problem I’ve with future now is the signal like when to short or Long but the understand every other part,please is there a video that teach about signal or how I can I know it by myself?
This has a good Tokenomic but the whales were more than 50 percent and the address isn’t up to 1M The coin isn’t good for investing According to what I’ve learned so far Hope I’m correct
The economics of token. I want to deliver a lecture on this topic that'll put a smile on your face and you'll begin to say, "Wow! I wish I knew this on time." I'll explain it as if you're a 7 year old.
Before my lecture, you should watch this well-explained video below on tokenomics, then I'll cement everything and you'll become a pro in less than 24 hours in identifying a good or bad coin in less than 2 minutes.
This will help futures traders a lot too in identifying vulnerable coins to short when the time is right.
You'll no longer ask people, "Is this a good coin to buy?" You'll know instantly if it is or not. Guaranteed!
So, watch this short video and when you're done, click the like button. If I see 20 likes, I'll know 20 people are ready for the bomb.
Knowing what I'm about to teach will put you ahead of 90% of people in crypto when it comes to identifying what to buy to hold, what to short, and what to ignore.
Tokenomics matter! Take it SERIOUSLY unlike 90% of the rest.
Goldplucker: Please any Knowledgeable person who has an idea how Bybit works
I bought a coin yesterday and I’m trying to send to my Binance unfortunately I couldn’t see the coin in my funding wallet it’s in asset and has been converted to Bitcoin and it’s dropping
Help! Help!! Help!!!
it in your trading account. You will need to transfer it from trading account to funding account then sent it to binance
iLegendd: Now is 50/50. If you buy now, make sure you have extra money incase it goes down first before going up. Expect the unexpected. If you don't buy now, make sure you control the FOMO if things start pumping without going down first. People who followed the 4 cycle have already bought when it bottomed some years ago.
iLegendd: Wow wow wow! I just realized, after days of research, that ETC is the only coin you need to be rich this bullrun. Final answer and it's a financial advice. Period! This coin will take just 2-3 days to hit its previous ATH the day it will be ready to move.
jayce232: See this agbado agent lol Is this all u have got? Shameless thing! Na the telegram thing he created dey pain u abi😂 Reason u wan tarnish him name Anyone that has spent up to a year on nairaland suppose know ilegend na big name. I have seen a lot of his valuable contributions on various thread way back even before now.
Ilegend and ubunja are the two biggest name for me when it comes to Nairaland
Investment › Re: Crypto Currency Investors Thread by Brayss(m): 10:07am On Jul 19, 2025
