₦airaland Forum

Ibime:
lol. That's my top holding. Thank God I got back in at 2.43 few days ago.

Hoping for my Matic bag to pump also. Institutions altcoin of choice is ETH and some capital allocation goes to ETH when there is institutional FOMO as ETH gives them more ROI but fits their risk profile. Matic has had strong correlation to ETH for the last 6 months, except MATIC pump is much stronger. I expect any increase in ETH to lead to a pump for MATIC and MATIC is still almost 70% from ATH. It has been as bullish as ADA and SOL in recent times as a retail favourite with great narrative so given ADA and SOL smashing ATH, there is a lot of potential upside for Matic

Matic is a good one... Grabbed some though currently at resistance. But it rallies well... Haven't noted it's association with eith yet... Usually, etc also rallies after eith... Generally, an eith rally means alot for the market...

On sol, 80 is acting as a significant resistance... Though still in it, my annoyance is that I should have eased upto 50% into bnb at the highs

BTW, ada is approaching ATH against eith.... I'd expect it to stall there as folks might cycle profits into eith

Ibime:
I'm with you boss

Ada has been doing you well... annoyingly, didn't benefit as much from it

Consolidated some bit into ICP... Hoping it can push to 100 and perhaps 120-150 soonish

Not keen on adding too many micros....
But these are the remaining 2 I've got my eyes on... Not taken any position yet

Bch... Not a coyn I trade often....

But as betece has rallied, bch hardly moved... Usually, bch moves quickly.... Expecting 1k from this

Nkn on its weekly close.... Expecting something close to the arrowed region

Got some new-ish positions and did some reshuffling...

1. Zec- as dash is pumping, I expect it to follow suit and... Expecting 200 at the first instance... We see what follows

One micro I'm watching is for... Seems it got a usdt listing hence the rally....
Usually, such moves are following by a similar retest in a short time which is sold into...

Against both the Betece and busd chart, I'd be waiting for it at the areas marked... Aiming to pocket some profit on a bounce

Ibeme:
Please let us know your findings boss.

Kava you mentioned has been doing well.. I'd look for an entry if it pullsback...

Also, a number of micros are flipping their daily and weekly ema at the lows... Stuff like nkn, pnt, mbl, mana, cocos, wrx, ckb...
Of interest to me are nkn, ckb and wrx... I'm looking more at 2-4 weeks for them to begin to move

jedisco:
I've noticed some relatively new micros are going ballistic... By this I mean most coyns listed less than a tear nd mostly during the last bull rum. Just scanning theu some micros I track

On this, there are two variables in trying to trade umpumped micros at this point... One is trying to descern if they're good projects that are lagging... Or if they're lagging cos they're sh*tty...

Most times it's better to stick to strong projects than carrying a sh*t load of stuff that wouldn't move until bitc0in corrects

I've noticed some relatively new micros are going ballistic... By this I mean most coyns listed less than a tear nd mostly during the last bull rum. Just scanning theu some micros I track

Betece/bnb... Shared this here b4... This is a weekly chart.. also very clear on the daily....

jedisco:
Started taking profits on this.... Not saying this is the top but I prefer to take profits on the way up....

25% in bnb.... Will look to take another off around 0.215 ... Most of the rest would go into usd and chanelled into ksm

The solana rally seems is starting to look like its nearing an end against usd.... Against bnb, it looks weaker

Good decision to cycle some into bnb on the last rally.... Ideally, I should have cycyled more...

Wasn't able to swap the remaining profits into ksm...and cant do that now as ksm has rallied...

All-in-all, as it's still bouncing off the 4hr ema, I'm holding out for one more push up and planning to sell at close to 100... For now, it looks like I'd be sending profits into doge and icp

jedisco:
Betece failed to takeout 48 yesterday... Came down to clear the liquidity cluster at 45.5 k (arrowed).. ideally, this should give a bounce on a flip of the zone which seems to be in play
Two other scenarios I'm looking at..

a. One more dip to about 45k to take out that wick and then a good bounce.
b. A dip below 45k without a good bounce- on this, I'd start looking at the daily and weekly ema support.... At close to 40k......

All said, I'm leaning towards a bounce from this level

In retrospect, betece did bounce off the 21d ema... Personally, I was expecting a wick below to take out liquidity zones closeby... Hence my bids were not hit....

Ibime:
Set some low bids. At this point I don't care if market goes up or down unlike yesterday, as my capital allocation is better. If it goes up, my HODL positions go up. If it goes down, my low bids clock in.

I'm in a similar position...
Infact, I deployed some fresh fiat into my exchange wallets yesterday looking to snipe ada and certain majors but the dip wasn't deep enough.

Betece is giving me vibes it'd go down to look for liquidity but certain majors are flipping daily support levels... Will just watch and see... either way, I should benefit

Simplyaduke:
Good day everyone
I must admit that this thread has really helped newbies like me.
I would want the gurus in the house to at least teach us how to take profit. For example,
if I buy 5Sol at $35/sol....= $175 and it rise to $70/sol= $350.
Does taking profit mean I would have to sell 50% of my sol which is 2.5sol and leave the other 2.5sol

Thank you
@ibime,jedisco,openheaven2019

Some questions dey tire... The reason I made the post about having a target was cos of questions like this.... The funny thing is that's becoming more common... Such questions make me think alot of people just put money in crypt0 without knowing what it truly is

The general idea with crypt0 is buying low and selling high... How and where you do this is really upto you.

Tobex4realTobex234:
The government of the ban, the block and the freeze.

Zero innovation. Zero capacity. Zero ideas. Just be blocking and freezing and banning and expect miracles to open.

Rice. Banned yet rice price no come down
Borders. Closed yet no notable improvement
Crypt0. Banned yet Nigeria still has the highest P2P transactions, and FX still no gree improve
Twitter. blocked yet people are still tweeting steady.
FX to BDC blocked yet naira rate no gree improve

So freezing account of fintechs is just another futile attempt by empty heads leading a collapsing zoo.

You didn't even add giving free naira to those sending in forex and telling us is those importing pizza that are depreciating the naira...

Like I said on another thread, it's like someone setting your house on fire and then telling you the reason your house is burning is because your neighbor uses a heater....
No need arguing over this....just like others, lets give it some months and see the effect

Like I keep saying, as far as some people have access to a cheaper forex rate for whatever reason, the naira is guaranteed to continue in decline. This has been the case for the past 40 years and will continue to be the case.

The reason I keep repeating this cos it seems there's been a trend of issues discussed on NL popping up on mainstream media...

Nigerialabalaba:
FG may not be popular with some decisions but on this one, CBN just caught the errand boys for the real economic bandits and saboteurs. Ds platforms are not only involved in illicit forex trade , they are conduits for money laundering & just hide under trading in foreign stocks. Some of d people backing these platforms are even former top CBN officials!
Be careful if anyone is selling you products to help you "edge against inflation " by buying US stocks. It's all a front!
CBN will expose more in coming days. CBN is on top of dia mata. Another set are d agroinvest 'fintech', dos ones are doing crypt0! Dey have no farm anywia! Era of free & dirty money to dey use pepper hardworking upright folks don end o, my pple, NSE is the koko.

Hehe....Misery loves company...

All this back and forth isn't ideal...

It's like someone setting your house on fire and telling you the reason your house is on fire is because your neighbor is using a heater... In the past, we were told depreciating naira is due to rice and those buying pizza abroad..... 98% of the reason why the naira keeps depreciating is due to the fact that the likes of Emefiele have unrestricted access to cheap forex to travel abroad for healthcare or can send their children to school abroad with cheap forex...and also Nigeria subsidizing petrol for all surrounding countries... Yet, CBN keeps running around like a dog chasing its tail.


Tell me, how that is of use to our economy...Why should the whole country suffer because of a few?

Before those fintechs and crypt0 came into existence, leaders have been stealing from the nation.. stopping fintechs would not stop leaders from looting as we've already seen

luvlyoracle:
which coin can we buy during this dip?

Not yet deploying new fiat yet...

I tend to look for coyns that look strong e.g ada...and buy at support

DieRich5:
Abeg Make una take profits from SOL mk E dip small my bid I set no enter at 67.3 ND E drop to 67.4

I just entered AXS @69 and I'm still waiting for PSG at $31

No need chasing extended pumps... After such a rally, a prolonged phase of consolidation is expected...

This rally on sol was a result of a 3 month consolidation between 20 and 50...
Are you ready to be stuck with it for another period? Why not look for stuff yet yo breakout

jedisco:
Alota comments about sol for the last 2 pages, those who have been here for a while know thats a marker for when to start easing out... I've done over 100% on sol which was my largest stash and continued to grow.... Now, I'm looking at easing out on the way up...
Profits will go into usd, bnb and large caps linked to it (looking at ksm)..

Against bnb, I'm hoping to ease some into bnb between 0.18 and 0.2....

jedisco:
On sol.. was stopped out at 66 in usd but re-entered at 60 wich was the 4hr ema support... So far, it's being respected well...

Given I want to cycle most of my sol profits into bnb and ksm, I feel better with the sol/bnb chart... Nice flip on the 4hrly... Hopefully, it can rally to my targets

Started taking profits on this.... Not saying this is the top but I prefer to take profits on the way up....

25% in bnb.... Will look to take another off around 0.215 ... Most of the rest would go into usd and chanelled into ksm

sconp:
You intend to swap sol to bnb when it gets to 0.2 region on the sol/bnb chart right?

Yep .. will be taking profits into bnb and usdt on the way up

Taystee:
I entered at 66,now at 68

Enjoi

On sol.. was stopped out at 66 in usd but re-entered at 60 wich was the 4hr ema support... So far, it's being respected well...

Given I want to cycle most of my sol profits into bnb and ksm, I feel better with the sol/bnb chart... Nice flip on the 4hrly... Hopefully, it can rally to my targets

jedisco:
Betece failed to takeout 48 yesterday... Came down to clear the liquidity cluster at 45.5 k (arrowed).. ideally, this should give a bounce on a flip of the zone which seems to be in play
Two other scenarios I'm looking at..

a. One more dip to about 45k to take out that wick and then a good bounce.
b. A dip below 45k without a good bounce- on this, I'd start looking at the daily and weekly ema support.... At close to 40k......

All said, I'm leaning towards a bounce from this level

On bitc0in, it's back to playing around and causing some market wide chaos....

Market took scenario b and now around 44.5k but I'm not bidding this just yet cos of 3 reasons

a. Liquidity- There are two levels of liquidity closeby (arrowed) and a rally from here wouldn't look as healthy without taking them out. A dip to 42k should clear both

b. Confluence- I don't see confluence across well performing majors in the market.... Throughout bitc0in's selloff the last 3 months, it would bounce when there was confluence with strong majors like ada.... E.g when ada was at 1 or 1.2..
I might be wrong on this, but I'd be taking my bets on a 1.8, 1.6 or 1.5 Ada and also averaging in on betece at these levels. Another one is xrp at 0.8

c. I'm looking to deploy fresh fiat into the market and on this I'd want to wait for a strong daily close to be better assured...
In all, I'm leaning towards betece continuing a rally in the coming weeks and so I see this pullback as a buying opportunity.

Just sharing some thoughts....

Personally, I believe the reason most people struggle in crypt0 is cos they have no entry or exit plan...

For example, someone starts with 100k, with a target of 150k. The chap grows it to 180k or even 200k. All of a sudden, he raises his target to 300k then 400 and so on... For someone without a principle, even if that 100k turns to 1 million, they'd still be raising targets till it vanishes back to 50k.

Crypt0 is a volatile market...
That's why I prefer to trade macro trends which occur about 2x a year. Profits from each macro trend are moved into something tangible.
Already, even though my portfolio is up about 40-50% from a month ago and I'm leaning towards betece going on another rally, I've started moving some profits out into something else.... When this bullrun is done and dusted, I want to look around me and see the benefits

priceaction:
this baba, simple crypto scanner

Thanks... From the screenshots, it looks suited to day traders esp in times of huge volatility.... downloaded. I'd look at it.

luvlyoracle:
pls what are your thoughts on cake,uni and xvs and xec

Not much... They're not coyns I trade... On cake, I know 20 is a significant level as I've traded it b4

Ibime:
Still in this, ONE, Doge, Uni and Dot as my flip plays

I dey follow you bumper to bumper

AVAX doing well also

If anyone is unsure, just follow the narrative - major pumps for ETH, ADA, MATIC and SOL lead to at least a small pump for KSM, DOT and AVAX. . . . Neo, IOTA, EOS, Elrond and Tezos will catch the crumbs later if the bull continues long enough

U are doing well... Finally, it's good to be up in usd and betece while emefiele continues his magic...

Sighted avax.. a flip of 20 should be a good entry point to target 30

Placed stops on some of my positions which have moved well... Let the rest be... The likely worst case scenario is for betece to dip to 40 region and some bounce which should give alyts some room too

priceaction:
Play around it, there is.

Which of the crypt0 scanner app is this?

jedisco:
ICP seems to finally be on its way to 100...

Deviated below 60 and reclaimed it... If it was going to nuke, that dip was the time.... Now a retest of 60-62 to confirm as support could be a final time it sees that level. Wouldn't ruleout a rally without the retest

If this was the retest of 60 as thought, then I expect an expansion from this point...
I have now put in stops below 60

Another flip??

Added some at 0.305