₦airaland Forum

dogtails:
Bro how far it has pass 0.7 should we increase our portfolio

It's for you to decide....

Usually, I want a candle (on my chosen timeframe) to begin and close above the breakout point to avoid getting trapped by a fakeout...

But given how doge moves, I added size at 0.7 after the last candle close...

donprosper6:
I need a professional advise cuz am about to invest much on crypto?

Why not seek for a financial advisor or accountant

jedisco:
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...

On doge....
Following this post,
1. We got one more dip after the bearish 4hr close...
2. The 4hrly EMA saved the day with a proper bounce...
Now, all we need is some escape velocity so I can draw out my targets...

Brief advice...
If trading alyts, moreso majors with good structure, it's worth learning how they interact with individual EMA's.. it prevents you from buying randomly... I set my ema to 21 on alyts

On the weekly chart, the 21 ema serves as a good guide to know coyns that have been or would continue a significant rally.... it's a good opportunity to buy if got... It's the support of a bull market

On the daily chart... Whenever betece pullsback in a bullrun, i look for coyns that have held the 21ema on the daily chart

On the 4hr chart .. this is a good place to enter coins that have been in a recent uptrend... Whenever I want to FOMO into a good trending coyn, I look out for this... Look at most coyns e.g Link, ltc, xmr, ada and see how they bounce off this in an uptrend

On the 15 min, 30 min and 1hr chart, this is mainly for parabolic runs.... E.g ETC yesterday... A good guide..


On betece, it's more complex....The hourly, daily and weekly are useful... Lower timeframes aren't.

Ritapearlydove:
Elon musk just tweeted doge

Hehe....
He should reserve his fuel till when it takes 0.7.... then na his rocket we need

StarMonkey:
I think it will...I'm just waiting for a good re-entry

Re-entry no easy... Some crazy buying pressure on it... Dips are being guzzled up..... Hopefully there's a proper selloff before it breaksout

Interesting thing is that it seems to have an inverse relationship with betece....i.e start pumping when bitc0in starts dropping... Reminds me of the old LINK...

Ritapearlydove:
You're awesome

Gracias

Wouldn't lie... If doge takes 0.7, I'm increasing size.....

jedisco:
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

Done... Now now looking for a re-entry...

I'd place some at 0.640 thereabouts (15 min ena support)... Hopefully it goes lower...

0.685 was the top of the wick and 0.674 the close of the candle...
Really loving this coyn.... E be like say I go just focus on scalping it today nd tomorrow

Ibime:
Me too . . . .at 93 and 97

Bounced at 110 and rejected from 120... I'm looking at where it'd find support...

Eitherway, doge is cooking up... No yawa

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