ILegendd's Posts
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"You can make money in a bull market, but people make fortunes in bear market." So, a bear market is better than a bull market since minority participate in it while majority give up or lose their money because they're scared of futures trade (shorting). A huge percentage of the ones that aren't scared end up being greedy asf. Don't forget, in crypto, Monday often reverses whatever the weekend did. And, The market rewards a specialist. |
geedot:1 day TF. Here is what the creator said: Spread is determined using the difference in open and close of the candle Volume change is determined using the ratio of change of volume to previous volume EMA 10 is used to determine the Spread and multiplied by volume change so the PRICE(ema10), Volume, Spread(close-open) are merged to one indicator. Direction changes when ever difference of VSA is positive or negative.
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geedot:By the way, I find VSA Volume Spread Analysis by Traderharikrishna to be slightly more accurate than the normal cumulative volume delta or just volume delta. I noticed you're already used to the normal delta, hence I didn't want to interrupt you or impose mine on you. I use both though. When a pump is about to happen, the one you use lets me know ahead of time, but when it's a dump, the other one I mentioned above is more active and more precise. The main thing is, they both work. It's just some minor lags.
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geedot:You're right. I watched lots of videos on exhaustion to see if the game has changed, but it's still the same, as you explained it. I just didn't want to use big terminologies in my explanation. I wanted simple lay man's English so that it'll stick. Na why people dey complain say I too dey write long paragraphs and I repeat a lot. It's just to make it memorable. When we hear something 3 times in different ways, they stick more. I appreciate you chiming in. My incoming lecture will is on 1 day timeframe with death and golden cross. Most people will love it.
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The Daily Cross Strategy (Golden Cross and Death Cross Cross) You'll be glad you read it. I'll keep it short and succinct. Straight to the point. Drop a like if you're interested so I can start typing. |
Lecture 3 The Green Candle In our two previous monthly and weekly lectures, we were focused on red and yellow top candle, but in this one, it's about paying attention to the green candle and BLUE LINE + the red cloud. This simple indicator can't be tricked or manipulated into giving false signal. So, on the weekly, pay attention when the green candle touches the blue line and goes close to kissing the red cloud. It hardly enters the red cloud, but at least, it's strikingly close. This indicator should be your number 1 volume indicator, even ahead of volume profile. Your number two should be... By the way, the red candle is institution either aggressively pumping or dumping to liquidate billions of Dollars. The yellow is whales trying to liquidate billions too. The tall green, the ones that almost touched the red cloud, are big exchanges trying to also liquidate billions. If you can be patient with these candles, you've won the game. In summary, three of them are considered institutional manipulation. Those green or blue candles that didn't touch the blue (MA) line, let alone kiss the cloud, are me and you, the broke ass retails forming jagaban. We can't move a needle in this war, so we need to monitor those institutional money so that after they've pumped and printed red, yellow or tall green, we can short or long, depending on the direction of the reversal. So, you must be patient until they're done pumping or dumping before you sell the one you bought before the pump or short after they're done wreaking havoc on early shorters or longers. It's a game of volume and patient. Supports and resistance are always broken when those guys are fighting to liquidate each other. This indicator has given you access to the movement of the big boys. Similar to the normal volume indicator, but the calculation is different and accurate.
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I have noticed people are more interested in fighting than learning. In hating than appreciating or ignoring. In finding faults where there is none. Summary: Drama is king — every other thing is boring and a distraction to the fun. It's so sad that's the life that interests most. Trying to change it, you'll become the most secretly admired, but openly hated. |
Lecture 2 WEEKLY YELLOW CANDLE First of all, Red = ultra high volume Yellow = high volume Green = average volume Blue = low volume The color doesn't consider the direction of the price, but the volume. This volume can't be manipulated by anyone, especially institutions, so it's accurate. When institutions buy or dump heavily or a black swan happens (like 2020), expect a red candle (ultrahigh volume). When they buy or dump cautiously, it's a yellow candle (high volume), but with some controllable forces. When it's just normal retail, it's green candle (average volume). When retails are not making much effort, it's a blue candle (low volume). So, it's about volume, not price direction. For the monthly, we sell after two months or 2 months and two weeks. For the weekly, we sell after 3 weeks or 3 weeks and a few days. Note, the yellow that prints before you think of selling in 3 weeks time must be a pump. If it's a dump, you don't sell cuz you're already at loss. In such a case, you'll have to check if it's worth adding more to your position, depending on market sentiment/direction. These three weeks selling time must be green candles or a mixture of green and blue. In most cases, it's 3 green candles. If a yellow pump candle prints and two greens prints after, then another yellow pump prints, the new yellow pump takes precedence. Hence, you have to wait for 3 green candles staring from the recent yellow. If it's multiple yellow pumps, then you wait till three green weeks appear. Don't forget, the yellows are high volume while the greens are average volume. For the green, it signifies there will soon be weakness in the market and blue might print in no time. For the weekly red candle, it signifies instant sell. Sell if it's a pump or instant buy if it's a dump. I don't really know if you understood me. If yes, click like and if no, ask your questions.
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Verbtips:Posted the lecture as promised. Check above. |
Smithwilliams826:Exactly. He is to me what Deeworm is to VDM. We can never be right in their eyes, yet if we drop content worth 500 pages of 50 hours, they'll consume it to find fault and they'll surely find one to use and embarrassed themselves. ![]() |
Explanation below is for the two images above. 2021 Yellow Top The yellow printed in January of 2021 at the price of $42k. Two months later, being March, it was at $62.5k. If you had waited for 2 months and 1-2 weeks, you would've sold at $65k. Failure to do that, you would've witnessed a dump to $28k from 65k. BP for don kill you. Haha. Few months later, it recovered and hit 69k with low volume as it creates a bearish divergence. To me, the 69k was irrelevant (greed). You should've sold two months after the yellow printed or at least, 2 months and 1-2 weeks later. Too much patience dey cause hypertension at times and vice versa. 2025 Yellow Top The yellow printed a year earlier than usual and that was in October, 2024, at the price of approximately $100k. Two months later, being January, 2025, it went to $109k. Two weeks later, being February, it couldn't go above $104k. And as someone who knows about this secret yellow top approach, you should've sold all your BTC and wait for a crash before you can rebuy or leave the market entirely and wait for another cycle or short if you're into futures. Note, the Yellow Top approach is only for 1 month TF and it must be from September or October of relax year to December of sell year. Anything lower than that range is just a mid cycle top. There is something I forgot to add. If I remember it, I'll modify. If you love what you've read and you want lecture 2 for 1 week timeframe, which is similar to 1 month TF, but with a twist, click the like button to let me know you want it. The 1 week version is for swing traders and you'll end up loving it more. Imagine you bought (long) at 15k in 2022 and sold two months later, after yellow top printed in 2024/2025, you'll be out of the trade at around 100k to 109k in humongous profit. In summary, the yellow market has topped. And to some traders, BTC has already hit it's top for this cycle and whatever happens is just 50% bonus just to help alt season breathe to avoid depression. Drop your like to show you want the 1 week version. |
This explanation is for the two images above. Always refer to them to crosscheck. 2013 Yellow Top In October, 2013, the indicator didn't have enough data, but lets assume where the yellow arrow is pointing is a yellow candle. 1 in red = month 1, after the yellow printed. 2 in yellow = month 2 and this is the month to sell or first 1 or 2 weeks of the following month, being month 3. So, yellow printed in October, 2013 and you're to sell two months later, being December 2013 or two months and two weeks later, being January, 2014. If you had sold the day the yellow printed, you would've sold at less than $500, but if you had sold two months after the yellow printed, you would've sold at above $1,000. The top for that cycle was about $1.2k 2017 Yellow Top The yellow printed in September of sell year at $5,000 and two months later, being November, it was at $11.5k. If you had waited for 2 months and 1 or 2 weeks, you would've sold at 16k to 19k in December. Typing...
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WHEN TO SELL USING VOLUME INDICATOR (VSA) The lecture Name of indicator: Volume Spread for VSA Custom by theehoganator Timeframe: 1 Month Color to Print: Yellow When to Sell: From Sept/Nov. of Relax year to December of Sell year, you get ready to sell after it prints a yellow monthly candle. Be Specific: You sell 2 months later or 2 months and two weeks later after the yellow candle prints. App: Bitstamp exchange ONLY! On Tradingview. Don't use any other exchange if you want to get the right result. Examples loading. Pictorial representation for 2013, 2017, 2021 and 2025 top coming... This info wey I wan give you, na secret o and e simple, so protect it. Typing...
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MamaFutures:Are you always this bitter? I post for free, you're bitter. I want to charge and the money given to anyone, including you, my hater, you're bitter. Work on yourself. You don't add value to this community. I have added value by sharing info and now, I want the info to generate income for others, you're still bitter. You must be going through something. How old are you? By the way, I won't reply you again. |
Prophetkelly:Okay, your opinion is noted. |
seanwilliam:Your perspective may be right, but from my end, it's quite different. |
I'm gradually upgrading this young man's channel to my number 3. His style or the indicators he uses are similar to mine. Even the Pi cycle top he spoke about in the video is predicting 153k while my own manual calculation predicted 155k. https://www.youtube.com/watch?v=E9_eBRjlM5g?si=r4SHXE0MWcjUYPvW |
Verbtips:You're welcome. Or do you want to know exactly the one I use and further explanation on how to use it on monthly, weekly and daily timeframes? Let me tell you, this info is simple, but it's a secret 99% of people in crypto don't have and I discovered it by sleeping on the chart for years. People pay attention when they pay. I want to start charging charity money to give information so that people will know the value. This is how it works. You'll tell me one particular thing you want me to explain to you or teach and the price you want to pay, minimum $10. The money will not be given to me. Someone in the group, an active member, be you my fan or my non-fan will reply you with reasons why he/she needs it and the people of this thread will choose who it'll be given to, not me. When all is done and payment made, I'll explain that topic until it enters your vein like an injection and you 100% understand it. If you pay 2 or 5 people, I'll do a video for it. 1 person is only text and screenshots. If you're greedy and don't want others to gain access to the explanation, you pay even more for exclusivity. Remember, none of the money will come to me and also, whoever gets it must be investigated to make sure it's not one person operating multiple accounts. You know, Nigerians act too smart when money is involved. For this particular one, I'll explain it for free. One last time, not a dime will come to me, but people of the group. |
Verbtips:It's a VSA indicator. Search for VSA or Volume Spread Analysis and choose one of them that you like. |
I posted this on the 17th of March about April crash. It has happened, but might not be totally true. Try and Rewatch. iLegendd: |
iLegendd: |
Cuddle to sleep. I'm so used to it that sometimes, I'll wear earpiece and play any FM station I can't reach the frequency just to hear the white noise and in my mind, it feels like rain dropping on my roof. |
After the post I made above, I just remembered I once made a price projection post in 2024 and the price matches with my new findings. Maybe, a coincidence. To read the original post: https://www.nairaland.com/6318352/crypto-currency-investors-thread/4013#132886886
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When that yellow candle prints, it means the best for the season has happened for BTC. Note, I'm talking about BTC, not alt. Despite the best in the box already, there will be 50% pump, but before that pump happens, most people must've given up and labelled crypto a scam. In January, 2021, that yellow monthly candle printed when BTC was at 42,900. 50% of 42900 is 21450. If you add 42900 + 21450 = $64,350. This was the exact price BTC went the following month, then dumped to about 28k before heading to 69k with low volume (sign of weakness). If you've been following my post, I once spoke about a sequence of 5k (most times 4k), 7k and 12k. From 64,350 to 69k is an increment of 5k. Are you noticing something? Now, let's talk about the price of BTC when that monthly yellow candle printed. It was exactly 100k in November, 2024. In December, it added extra 5k, then made it 7k+ to arrive at 107k+. Since the yellow printed when BTC was 100k, 50% of that is 50k. Therefore, 100k + 50k = $150k. If you add the fakeout or hopium price of either 5k, 7k or 12k, BTC you'll get to 155kk or 157k or 162k. If I'm to choose, I'll go with the 150k + 5k fakeout option. So, when BTC hits 149k, I won't even wait for 150k or the extras, I'll be permanently out for the season and start building my short positions. I pray this happens in November or December. In summary, the best has happened for BTC and that is from 15k to 100k. Make e no come be say na this remaining 50k go kill us. When this 50k will happen, we'll finally be in alt season and alts will pump more than BTC and will have the market dominance over the king.
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I'll explain.
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Anything that annoys you is for teaching you patience. But, patience is best when your entry is right.
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ObosiLandlord:That's true. So that America, the king of GMO, will flood our market with genetically modified food and kill us slowly. |
Situation like this hurts, but I have learned to see it as a warning to stay calm. What do I mean? I turned off my phone and took a nap. When I woke, I saw BTC at 79k and ETH at 1.6k. I logged in my Wise account to withdraw money via P2P to boost my backup, but unfortunately, they were asking JAMB questions like who are you sending the money to, blah blah. I continued and they said the money will be sent to the person on Monday. P2P doesn't have that luxury, so I had to cancel the trade. The lesson I have learned from this kind of experience is: If it refuses, be patient. There is a reason for every delay which the ordinary eye can't see. |
doyin01:Even without crypto, he's inborn like that (check his history), so forgive him. |
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