₦airaland Forum

jedisco:
Some bids set between 90 and 100 with a target of 120 for a bounce

ETC...eith classic...
Name is the first thing on the chart...
BTW, it bounced at 110.... so trade will need a second looking at when it gets there

Some bids set between 90 and 100 with a target of 120 for a bounce

Doge waking up....seems profits from yesterday are being cycled back into where they belong..

Would love a breakout before whatever event taking place tomorrow... That'd way, we can ride the tide...

Still got some sells at 0.674 and 0.685... lemme see if I can scalp once more before a breakout...

The media on this coyn is crazy.... Couldn't believe it was being spoken about on the radio today

crownedrookie:
Can someone explain this EMA and it's significance to me

EMA and MA are average price over a given period... Would be difficult explaining online... How about searching on YouTube for vids

bigjay01:
Oga Jedisco, thank you for ETC.
Any other tips for the boys?

Hehe... My brother... Protect profits ooo

Stuff that almost made my cut

Xlm.... Almost closed above but didn't... Needless to say, it and xrp move together.... Target would be 90 if it gets above 70...

Xmr... Needs to get above 440-450... Already had a recent move

Zil and 1inch... Closed above recent highs.. but not technically old majors... If they takeoff, they should move well...

Honourable mention is Link. (Didn't include chart). Has had lots of bearish candles into the 50 resistance... Currently stuck between 45 and 50.... It's been disappointing of late but its another coyn I believe can pull an ETC if it gets above 50 and starts moving

Stuff I believe have some leg up....

Tezos, dash, zec, ada

Generally, in such market conditions, for targets, look at their previous weekly charts from 2017. Alternatively, for coyns that breakout from 5-7, one can target 10 in the first instance and later 20....

Honourable mentions are bch and eos which I think are already halfway there.

Also bnb looks good for further pushup, didn't include it cos I'm not sure how much more upside is left given it's been on a rip for a while

LTC also... Should eventually get to 420 which is previous ATH... Didn't include it cos it's too slow for my liking..

P.s... betece would likely go and retest support or dip a bit more... Should be worth considering that when looking for entries of not already in.

I said I'd share some charts I'm looking at... But before then, let me say some fact...

1. A day like this is a day to reap profits and not necessarily to go hunting afresh.... So if going into fresh positions, it's advisable to mange risk (stops, take profits e.tc once your position starts moving or going parabolic)...

2. I can see greed allover the market... Obviously people like buying on a green day... Such days are days we make good money.... But remember, with such pumps, some fvckery is always around the corner to clear out overleveraged folks, take back profits and even capital..

3. Thirdly, on the charts, I didn't look into their RSI or other details... So trade easy... Its based on a 5hr chart of certain majors... My criteria as always is to see those that have broken out of a range or broken recent highs and flipped that level with a bounce with this last betece pullback...

4. Most are old majors so be rest assured that they're lots of bag holders happy to distribute their bags... Also betece just had a sudden pullback... Wouldn't surprise me another happens soon to retest support... I expect alyts to hold macro structure as far as betece remains anove 50k.... That's why I'm looking at a 5hr chart....

Looking at majors now cos of the recent eith move... I believe money will flow into micros then betece or fiat in the coming weeks

Simplyaduke:
Boss, what do you think of cake and burger...I am holdl...but my portfolio don dey red I...

Short of $200 now

They're not coyns I track or trade..
But I thought they'd pumped well recently hence their being very popular here.... Didn't you take profits?

When a coyn I'm in parabolic, I take profits ooo so I'm not left to hodl a bag...

Also, like I said a while back, majors usually do better after an eith pump.... Mid-microcaps should pick up afterwards...

prince0011:
Looking at the fundamentals, Doge has held steady now between .51 - .60 within the last 24 hours. This definitely indicates a good support though quite a significant deviation. Going by market sentiments, there is so much noise that the doge father will be in SNL which is one of the most viewed shows in the US.

There is a high possibility doge could flirt with $1 by this weekend going by this sentiment.

Jedisco gave a good TA yesterday. I will wait on more TA and FA rather than rely only on market sentiments.

Just shared thoughts on it...

I'm concerned about that market sentiment moreso now is rampantly everywhere.. The good thing is that it'd vome with liquidity...which is something that whakes like.. Let's see how Saturday goes, but I'd be quite cautious if I'm holding doge then

Ibime:
These repeated long downside wicks on the hourly candle for Doge tells me there are many buyers trying to get in position ahead of SNL. . .despite the lower highs. I feel tomorrow and Saturday are Doge day. Only a hunch.

The demand below 0.57 has been immense.... On the hourly, any dip below has been gulped up in a wick...

On the hourly chart, the 0.57 area (1) has held well so far...

My concern is that between 0.59 and 0.49 are the tips of 3 wicks which I'm sure will have alot of stops there and hence liquidity... Some greedy folls would have sure have taken a 25x trade with stops just beneath those levels and CZ no go wan pay that kind profit... Price generally likes liquidity.. I hope it doesn't go for them...

Good thing is that the 4hr support (2nd chart) is gradually approach price and should provide some support... Another spanner is that the current 4hr candle looks bearish in the making (though not complete yet)..

All-in all, it's not giving very convincing signals on either move yet... Just the presence of good liquidity

The liquidity on doge is huge.... So even a dump will recover quick... My concern is the opportunity cost of holding it in a range when oda good stuff is moving
Also, there's been alot of talk about the Saturday stuff...hehe... I don't want to be holding doge that day...

Ibime:
Eos to 20?

Jedisco, your attention needed Sir.

That was my target.... Another one I missed it's breakout at 10.... Didn't bother chasing

But then beware, eos is a coyn with lots of fvckery in it....

Ibime:
Jedisco, thanks for the tip on ETC.

I missed your earlier call when it was below $100 but saw your post that you will jump back in if it conquers $100

Threw some cash in when I saw it showing resilience at 110 and exited at 140.

Gracias brother

Annoyingly, I didn't play it... Was busy and couldn't set buys when my alerts went off. By the time I wanted to set buys at 120, it jumped to 140...na em I leave am..

Content with the earlier profits though

Itzlinda:
Hehe. It will take a great level of self restrain to ignore doge boss. The hype is so real. Probably highest any coin has seen after btc.
What's your thought on Ada after the beak out of 1.45.

Boss you hold a lot of knowledge. Please how can we upcoming traders learn from you. We been eating from your knowledge lately. Some of the terms you mention here sounds alien to some of us.. Teach us how to fish if possible please

Good you're making profits..
Alot of people say my terms are alien... It's difficult to explain certain things in a text... With time, some terms in crypt0 will become obvious...


Ada is a sweet one... The base it built was fantastic...

After doing x5 earlier this run, it spent several weeks building a solid base between 1 and 1.4...
The interesting thing is that all the while it consolidated in usd, in was gaining against betece. (2nd pic)... That's strength..

It's cos of that I wasn't bothered when it was ranging and instead added on dips...

I'm quite bullish on it and think it can easily do an x3 over the next few weeks....... Though I don't advise holding only one alyt, but if I was to chose one now, it'd be ada...

My next target on it is 2... Might cool off/ dip there for a while..

bigx:
Read extensively on this all night.
ETC is EiH so everything done with EiH cam be done with it.
Never knew about it before now

Entered at 87.

Forgetting about it too.

My brother, take profits on a parabola if you see one... Were here to make money not to own coyns

ObodoNaija:
What do you think about buying it now? It seems it has break out of 100. It got to 102 but went back to 97 . Can one buy now?

I think the move is done...at least for now... Never trust a parabola though but if still interested, a smarter way will be to target previous resistance areas e.g 100, 80, 60 for a bounce or wait for a clear breakout

I'n waiting for the 5hr candle to close and would share thoughts on certain coyns....

For now, Ada to 2 seems almost a gift....

With Ada, no need rushing to taje profits... Remember how long it consolidated between 1 and 1.4... I believe within the next few weeks, ada will x3....

For now, the next possible resistance is 2....

dotun674:
Buy doge my people.
No long talk

nihilistjnr:
Opened a substantial position in D⁰ge last night targeting the Saturday Night Live show.

I'm not going to lie the volatility spooked me. I was up $3k within 8 minutes of entering the market .

Musk has burnt me before when I swapped all my eith for beeetc ahead of Tesla's quarterly earnings call last month, where instead of announcing that they bought Beet, they told us that they'd sold, causing me to miss out on most of eiths recent rally, whilst Beet slumped adding insult to injury.

Huge risk, for potential big reward, and may God have mercy on my soul.

Ibime:
I switched ADA into Doge a few days ago to chase the Doge pump.

Ada has been ranging between 1.2 and 1.45 for a while so it is at resistance now. It needs to close solidly above 1.45 and then it may run.

Hehe... Seems alot of people swapped most of their alyt holdings into doge hoping to double/tripple their portfolio.... Hehe...greed no good ooo.... Funny enough, other alyts are pumping.... If doge sellsoff now, wahala go dey ooo..... It'd be a huge rug pull

Finally, it's much better allocating a fixed portfolio size on each trade but human emotions no go gree.... Wouldn't blame folks though, a doge pump makes hardwork put in trading other alyts look sttvpid

dogtails:
Bro do u think doge will go below 0.55 again??

Of course it'd eventually get there... Whether today or next few months, it eventually would...hehe

If you're hoping for a dip there to enter, then it's a bit tricky.... My stops are around that level... If it starts dipping to much below, then things can get awkward quickly...

It's struggling to hold the 0.6 level and strength so far hasn't been as good... I would look to reduce exposure if it pumps to around 0.64 -0.67 ish. Wouldn't mind adding back if it flips 0.7.... The trade is getting overcrowded

Itzlinda:
Boss you think we hitting 1 this week?

If it flips 0.7, I think we surpass it

Ibime:
With that marketcap, I set exit at 0.9

But I read your comment about exiting at 0.6, na him make I exit most of my position at 0.7. I reset buy order this morning at 0.5 but it hasn't triggered

Exiting at 0.6?
Just shared my view on it... It seems to be mirroring its last pump

jedisco:
ETC has held the 15 min support beautifully well throughout this rally despite betece pulling back...

That support is looking tired now but it's still holding... If it breaks down, I'd play the 70 area for a bounce. If it doesn't, I'd hold my position till 100.

This has been a blessing... Moved quickly and profits came swiftly... Locked in profits at 98...
It looking like it wants to break 100... If it does, I'd re-enter with a smaller amount and target 150

There are coyns majors around the 40 level that I'm expecting should do something similar... Link, uni, and maybe dot

The market is looking more like old days...

Eith rallies>>> majors awake>>> mid-microcaps go ballistic...

I'm focused on majors now... Very soon, profits will be chanelled elsewhere

On doge... Came late as I needed to attach a screenshot from trading view

A bit lengthy....

First chart is that of its last breakout.... Second is this current breakout...

On the last rally, it broke out from 0.085 and rallied to 0.15 before having a selloff to 0.1... by then, most folks thought the rally was over though I remember reminding folks its not done. On the highlighted part, after a proper selloff, it printed a reversal 1hr candle, slowly regained the trendline, flipped 0.15 and did an x3 to 0.45... It did not break below 1 on that selloff

Now something similar seems to be playing out... It sold off from 0.7 to 0.52, a 28% drop and is slowly trying to reclaim the trendline.. Good thing it that it didn't break back into its previous range on the selloff. Again, most think the rally is done...

Some facts....
It did not break into its previous range on both selloffs above. That's bullish and shows the level was respected

On the pump before the last, it did a 10x, last pump was a 5x (0.085 to 0.45). Things to consider now is that its a much larger cap and such huge rallies require significantly more volume. A 5x from from breakout will surpass eiths market cap... Not easy at all

Also, I've seen a number of doge pumps and 0.7 does not look like a doge top.. There's been little or no FOMO yet on this rally.

That said, there's been alot of talk about getting to 1 dolls... I believe if 0.7 is flipped, then I'd lean towards it going past 1 dolls... Doge always rallies higher than most expect due to FOMO and I don't see FOMO setting in unti 1 dolls is taken... After 1 dolls folks will start going crazy except it's massively frontran

The bearish case will be a further selloff to 0.4 levels... I'm not as worried if this occurs as I'd be stopped out on part and doge gas good liquidity to keep ranging...

Whichever way, I believe the desired path should confirm in 4-12 hours...
If 0.7 is flipped, my final targets (although difficult to ascertain due to the reason I mentioned) will be between 1.8 and 2.25 ish... That said, I wouldn't be a sitting duck waiting for those levels before selling... If a rally ensues, I'd sell any significant upside from the 15 or 30 min support and buy on a retest of it... That way I'd get more.... Usually, it'd keep retesting the 15 or 30 min support until it tops out...

Let's see how this goes.. but I'm rooting for significantly more upside

Ibime:
Boss, how do you see Link setup?

Been loooong overdue a run.. it was the first major to hit ATH after betece but its been lagging... Moreso as a coin known to run crazy...

Its veen annoying but I wouldn't be surprised it hits 100-150 soon with current market conditions... I'm in a position

Like it or hate it, one thing you can't take away from doge right now is the liquidity...

It's this selloff I've been on the lookout for... Quite similar to the last... lots of overleveraged positions had to be cleared out...
Now if ot can slowly get above 0.7 over the next 8-12 hours, then the proper move will start

Ibime:
Thanks bros. Abeg what price target are we eyeing?

The guy is approaching 0.7 now.

Alot of variables I'm looking at...
Usually, I'd say 4-5x... Major variable now is its market cap and that'd need significantly more.. I'd share thoughts later on when I can attach charts

Do you the see similarities between this pump and the last?

The beauty of an eith rally is the effect it has on alyts... especially majors...

Even with betece being a killjoy, most are looking to explode at any given opportunity.... LTC, LINK, BCH and the rest

ETC has held the 15 min support beautifully well throughout this rally despite betece pulling back...

That support is looking tired now but it's still holding... If it breaks down, I'd play the 70 area for a bounce. If it doesn't, I'd hold my position till 100.

Ojemedad:
A difficult one for futures traders

Yeah... Trading futures requires skill

[quote author=Ojemedad post=101387517][/quote]If one is trading spot, waiting for an absolute betece price before entering the market is not usually the best... For betece to rally, folks must be left chasing.
I advised someone here last week who was asking if they could buy betece at 53k during the selloff.

Even though I believed it'd go lower then... I advised it's best to start averaging in as betece had already dropped over 20% below the previous high....

Personally, I believe the bottom of this pullback is in (at 46.7k).... Most people waiting for that might end up jumping in higher.... Target buys for betece now will be as low to 50k as possible...

In summary, what I'm saying is that if I was buying betece, I wouldn't be so bothered about the price/buy target once its below 53k.. I'd just DCA... The 21 week ema (which was frontran the last time) is currently at 46k.. Buyers have stepped in heavy below 50k.... My ideal entry now will be between 50-51k.. but I wouldn't sit waiting for it. I'd rather stack bids down to my level and leave some for below 50k

jedisco:
Aged well I'd say...
Was a good decision converting part of my alyt positions into bnb... Though it hasn't kept up with eith, it's fared better than most which is important considering I'm not as exposed to eith as I'd have wanted.

Srm has moved quickly and I have no complaints.. still targeting 18-20 on it...
On uni, have some low bids hoping to be filled...

Generally, above the 21 day ema is where I like to play alyts... And to avoid getting stuck in a range, I target coyns that have broken previous significant highs and flipped the level... It's much better getting a good position on a possible rally than waiting for your coyn to rally...

From the weekly charts, in addition to the above, there are some coyns that closed above a significant level and seem to be getting ready for a rally...
One is Aave... It closed the weekly above 500 which it has battled with for a while... Its in the process of flipping that level...
Another I'm watching is ETC (level is 50),
LINK- closed the weekly candle above 40 which was the highest close.. Next level is ATH at 44...
SXP... I'm in a position and targeting 10... It's a tricky one as it can disappoint. I usually prefer to play it after a selloff...

Finally, with betece yet to deal with the 60k resistance, its a tricky one... Eith has shown strength hence alyts are rallying... I'm more interested in getting proper positions on good coyns than random fomo... Lets see how betece closes the day.. Another dip to the 21ema would be a nice area to get ideal entries

Betece sells of, some alyts look like pressure pots waiting to explode.... The eith effect...

Glad I was exposed to ETC.. Done 2x on that... Initial target is still 100. I'd re-evaluate at that point...

Got bids filled on UNI at 40... Impressive how it's managed to hold that level even with a selloff... I took this over AAVE (which had dipped to tge 450 level I had interest in)

LINK is another one who's been surpressed... Could easily see 100 from here....

Had to let go most of my BNB and XMR position for doge..... They both look good but doge looks hotter

Ditched my srm and stopped out on sxp.... No complaints.....

In summary, alot of coyns have been compressed for weeks... The eith rally is finally waking them... It's not very often alyts (majors) look this bullish during a betece selloff.... I see it as an opportunity.... One not to be missed...
P.s I don't think micro and midcaps will keep up as much if most majors go on a rip (except the whole market rallies together). Micros usually go ballistic after majors are done... Reason why I'm not really exposed to micros now