₦airaland Forum

I am still very optimistic that on BTC Institutional buy orders are being accumulated.
The financial news media have never helped anyone, instead it redirects massive attention in the opposite direction.

Have u noticed that anytime BTC made a bull run there was a negative Event that preceded it??
Now come to think of it, if the market makers are accumulating buy orders but want to shake out the retail traders.
Do you except them to sponsor good news?
Massive Fear always precedes a pump.
Massive excitement and euphoria always precedes a dump.
All financial markets run the same way.

Look for buys when there is massive fear and uncertainty.
Look to sell where there is massive euphoria.

I think Bitcoin just hit a decisive demand zone.
I am still optimistic about a strong bullish aggression.
A pump could be under way.
Let's watch and see.

I am very optimistic about Bitcoin potential massive pump in the coming days
Bitcoin holders may smile in the very nearest future.
Do you own research though.
This is not a financial advice.

muhamm3d:
You are extremely wrong. This is the short term bottom. 86k next!!

Well after further extensive research, you may be right but if the market will make a strong recovery for all time highs...
Iam suspecting that 76k zone..
If the BTC respects that zone....it will shoot like a rocket.

Dave50:
Some one is saying Bitcoin will pump to 86k....but i believe that it will first dump to 63k...the market makers are dumping and not pumping anything.

I still stand on my analysis.... Someone or an institution is dumping BTC gradually.
Forget about 88k level for now.
My focus is on that 63 k level... the little pump that occured some days back looks like a correction on a massive downward move

The downward move of Bitcoin is currently in motion, there is a gradual offloading going on which will eventually lead to a massive dump to at least 63k.
It make go lower than that but my analysis is on at least 63k.

Dave50:
Some one is saying Bitcoin will pump to 86k....but i believe that it will first dump to 63k...the market makers are dumping and not pumping anything.

Now is not the time to hold Bitcoin.

GovernmentAgent:
If the handwriting on the wall was not clear before it should be very clear now for all to see.

Anyone who is still expecting a massive bull run is just living in a Fools' Paradise!

Some one is saying Bitcoin will pump to 86k....but i believe that it will first dump to 63k...the market makers are dumping and not pumping anything.

Dave50:
In my Humble opinion...I see a massive dump on Bitcoin to at least less than 63k

Like I said before

Beeron:
Good morning sir,

Let me correct one mistake you making and it is that same mistake ilegend fell into.

1 day time trame and longer duration is a trap because the real move happens long before it is registered and summarized on the 1 day time frame.

Liquidity sweep, fake break out, Accumulation, Distribution etc all those market events happen in quick successions, now trying to catch them in one day time frame would always seem too late.

Keep in mind that volitility is the nature of the market and volitility is how money is being made in the market — if you smoothen it out, how then do you want to make money?

When you trading spot, the only thing you need is patience because the market will come around to hit your target but when you trade futures — you need to embrace volitility and trade it, go with the tides of the ocean otherwise, the whales will eat you up.

Fine — your 1 day technical analysis indicates beeTC will drop, fine. How do you make money with that information?

That's where the real work begins because lots of people are making crazy amount of money using that same information by trading lesser time frame.

Now how did ilegend fall for it?

His boxnalysis pattern could have been right over the course of time but there is a problem he failed to admit which is volitility. He tried to smoothen out volitility over that long duration which gave him confidence, but that confidence is a mirage especially when volitility happens in full force and change the character of the market. This was what happened to ilegend boxnalysis.

Boxnalysis from over the years told him, market will be bearish but volitility showned up suddenly and boom! People took long positions and made money, now even if the market goes back bearish, atleast volitility has taught ilegend a lesson because that is what he has tried to smoothen out in the course of his technical analysis. Big mistake.

Now, I am trying to correct your 1 day time frame mistake, so imagine ilegend who tracks pattern using years.

So you understand my point now abi I should just mind my business?

Okay noted...but I made my analysis using the Monthly timeframe.
The daily timeframe screenshot I posted was to show a supposed precise top created where many retail traders were trapped on longs.
I analyse my trades in two time frame pairs.
From your explanation you use smaller time timeframes thats okay but that doesn't mean higher timeframe entries don't work .... because I am more of a swing or position trader, and I don't do spot.
I analyse
Monthly with Daily.
Weekly with 4hr
Daily with 1Hr.
And I don't go any lower.
My trading strategy is centered on CRT (Candle range theory)

Is Bitcoin crashing to 63k
Time will tell.

In my Humble opinion...I see a massive dump on Bitcoin to at least less than 63k

Anticipating Bitcoin pump at 77150 level

BITCOIN TO THE MOON!!!

Going Short on Bitcoin
Stoploss 77591

The difference with forex and other businesses is that you cannot set a definite profit target with any given time frame in forex.
Why because, the forex market is fundamentally about finding market opportunities that align with your own trading strategy.
For example a forex trader with a $1000 capital can can see an opportunity that aligns with his strategy on the first Month that gives him about 400 pips.
Then by the second month the trader might no be so fortunate as the first month and he can only see an opportunity that give him 300 pips.
So in a nutshell the forex market creates the opportunity and not the trader.
Some opportunities can give a trader 400 pips In a month while in another month another opportunity can give 1000 pips or more especially during geopolitical crises.
Finally forex is not about definite returns it's mainly about consistent returns. Think of it like owning a shop, some days u make massive sales while some days you make little sales all that matters is that you are in profit. Definite returns don't really matter but consistency matters.

Dave50:
EURGBP SELL still in progress... holding

Closing EURGBP trade

Dave50:
Going Long on EURUSD
Stoploss 1.1690

Closing EURUSD trade

Going Long on EURUSD
Stoploss 1.1690

Dave50:
Going Short on EURGBP

EURGBP SELL still in progress... holding

Going Short on EURGBP

Dave50:
Going Short on EURJPY
Stoploss 186.99

S.L Hit

Going Short on EURJPY
Stoploss 186.99

JasonNOTStatham:
interview is by force 😂 Na so QTfunded do me last year

But when people are buying challenges and blowing account left and right, they don't care to interview, to know while the trader failed.
They should getat with their interview

Dave50:
We all see the market in different ways...
I went short on EURUSD

Still holding on to my EURUSD SELL Trade
This is why I love swinging.

stony247:
Close this trade for 20 pips loss.

We all see the market in different ways...
I went short on EURUSD

Dave50:
I am expecting Eurjpy to do this.

Potential STRONG SELL ZONE!!!

I am expecting Eurjpy to do this.

Bitcoin may clear this zone as liquidity then pump more...

Dave50:
Are we experiencing a bottom on BTC??...
Any way holding my buy trade..

Still holding buy trade... Is Bitcoin recovering and pumping gradually