₦airaland Forum

Oyindamolah:
This coin is really underestimated, my only regret is I didn't buy much. Just see trx I bought at 1400 naira today it's 6896

Hehe... Underestimated

Ask those who bought xrp at 0.6 in November... They've seen wahala... Of late, it starts pumping when betece want's to dump..
Finally, xrp na still useless coyn (though I own some).

Ibeme:
I've got a stash sitting in USDT second guessing what to do next. Wanted to send some of it to wallet to buy E.R.N on DEX but that one has already pumped recently beyond my liking. Any suggestions from the house? Something that has not pumped in the last couple of days. I like to buy only after pullback.

I already have L.I.N.K, U.N.I, B.N.B, B.T.C and E.T.H

Hehe.....easier said than done...
When betece dumps now, everywhere will be quiet
Betece was at 43k 2 weeks ago and most altys were on a discount

It's quite good to valuate whatever alyt you're trading against betece or eith...
If it's not likely to outperform those, then its better to stick to the OG's.

I shared here how I swapped ada into eith when in hit ATH against eith.. That eith was used to increase my VET stash... Looking at the chart, I believe there's a good chance it gets to ATH against eith soon (with pullbacks along the way of course). In that case, it's better to be tilted towards it. Still another 60% against eith before ATH..

We've seen bnb and ada do the same against eith and stall.. I'm looking at link to... Quite possible it can do that

For the short-term, I got some sells ( about 25%) between 0.95 and 0.1 in USD... Just in case there's a lil pullback so I can buy back lower. Also, the next resistance against eith is close... If it blasts through that level, I'd add back on a flip. Generally, coins stall around whole numbers as folks take profit.

The vet/betece chart (2nd pic)is also another good one to watch... Most times, it's easier to trade into eith or betece than usd as the levels are clearly marked. Also, stop losses can be in betece too if you're worried a betece pump or pullback will crash alyts

Tamel:
That coin still dey owe me money . I'm holding long term.
Just refuses to move past 30, just like DOT and 39

Still got some Link not too long ago... Might be wrong but there's this confidence I have holding link that I don't have with other coyns... Perhaps cos of its history... Hope it doesn't cause wahala this time

damzy88:
xrp will blow boss.

Hehe... I hope betece doesn't dump...
Of recent, it only starts pumping when betece want's to dump... Coyn wey no get head

Seems xrp has woken up...After weeks of being a stable coin

EarlyCareer:
You're correct. But Fundamentals still are a good factor too, TA definitely especially for timing entry and exit. It is important.

Did more reading on UOS. They are far behind on their roadmap, infact they have missed deadlines now for 2 years - since 2019. No clarity for now, but they seem to be working more more on their product though, but the red flags are hard to ignore. Not investing.

On theta, the next pump will determine alot... If it blasts thru 10 to say 13-15, then 20 is only a matter of time... I like the way it's consolidating above 8... Hopefully, ut doesn't fall back into range.

I'd look into UOS...

Tamel:
Lol have you seen LINK.

Lol... The old guards are annoying...
Eith, ltc, link and until now xrp and xlm...

I believe they'd sure have their time especially eith and link... One thing with link is that it does its stuff when it wants to

They should let crypt0 be and fix the Naira which is in an abysmal state...if not, our reserves one day may be in bitc0in or the country may go borrowing in bitc0in from the likes of Tesla to fund projects.

Others have opposed it and later came around...

Finally....

Here's my outlook on the market...

Betece is still indecisive... But as far as it remains calm within range, then alyts are likely to rally. That's a plan I'm willing to trade.

One is likely to lose more than gain by being in too many coyns... It's better to sellect a few and re-evaluate from time to time...

Been trimming down on my positions and rather focusing on those I think are ready... I shared my pattern here on selecting what positions to take...so far, it's helped

ceeSleek:
I am losing hope on this XEM coin ooo. Somebody ginger me!

This will be a bit long...

I usually don't talk about other people's as I believe everyone sees stuff from their angle and one can many times be wrong. But I remember asking why folks were chasing xem the day it dumped... Alot here were screaming xem to 1 dolls and I was wondering where you guys were getting it from as it was obvious you're being dumped on... In this market, you have to justify your trades... copying trades online is most times not beneficial (from my experience).

The first picture was the day it dumped almost 50% in 15mins. I was begging folks to at least wait and see if closes the day above 0.44 before buying. I wouldn't even buy betece if the daily candle looked that way.

It's much easier for a coin that has broke ATH to do 300% than for one within a range to rally 50%. Look at betece and see how many years it took to break 20k and what happened once it took that level.

Most who were saying 1 dolls, had no idea what lies before that. On the daily chart, there are at least 4 strong resistance levels before talking of 1 doll. You can be sure sellers and trapped folks will show up at each. Some are only interested in buying and selling between this range.
The most important level is 0.44 (numbered 1 on the chart) .. It needs to flip that level before talking about further highs. Look back and you'd see why it's that important. If it fails to, or has a bearish retest, then you'd likely see new lows.At this point in the market, I see no reason to hold that.. if betece retraces now, wahala go dey

This is not financial advise but if I had any xem, I'd be targeting the 0.44 level to sell (that's if it gets there). Will have no problems getting in when it flips that level. That said, there's also a possibility that it can rally all the way to 1.. so you make your choice

Sailor1:
Yesterday wasn't bad but this weekend is shaping up to be glorious...
Sold all my Ada perfectly... Spot at 1.45... had a wry smile when it dumped... Didn't buy at 1.2 though..... Dump was too nasty
Some of my sell targets were annoyingly frontran...
I Set algo for 1.39... it dipped at 1.38
I set wing for 49, sold off at 48....
E dey vex sha...
Still hoping to offload both incl atom and sxp today nd move to hot ready meals

I'm limiting my trades to certain coyns most of which I listed... Most of these micros can be a distraction
Theta has been a blessing... Seems it might ultimately reach 20...

I'd drop this here.... Usually, when tfuel lags theta, history makes me consider it a gift. Look at their charts and you'd see that tfuel ultimately outperforms theta on any pump. It may be different this time but I'm well loaded on both

Ksm, vet, zil are all giving me chuckles..
The dot/uni/sushi gang still sleeping...

Will update in detail later.. got to get going

This weekend is still on track...The reduced Betece volatility is a blessing..also, eith is picking up against betece...both are good indicators for an alyt coin rally. Betece has refused to remain calm for weeks.. My only concern is that this is occurring at resistance... I don't like seeing betece hanging under resistance for too long.

It seems the ksm, vet, zil, theta group took a breather yesterday to refuel..
The dot, uni, sushi gang are getting ready to leave the park...

I finally got to offload Atom at 22.6 after it printed an ugly 5hr candle (picture blw).. May revesit it but only after it clears ATH.
For sxp, my target for the cup nd handle breakout was ATH (between 4.5-5)... But it has become very popular on social media... wouldn't mind cutting it at 4.

Today hasn't been bad...
Woke up to see alerts triggered on my rvn... Bought a good amount at 0.15.. Had my sell bids laddered between 0.24 and 0.285... Some have been hit, some yet to...

If it breaks 0.3, I might enter on a flip... Until then, resistance remains resistance until taken...

Still watching perl

LauraClasikVibe:
I have been shouting to high heaven that XRP is a coin that would pull a surprise.

We know it would.. thing is coins should move sensibly abd not just pump outta the blues... At the end of the day, it needs to keep up

mogreen22:
Are we still in a bill market like this? Everything starting to look bearish

What's your definition of bearish?

emmanuel45:
Baba, I dey follow your thread and its been helping... i wish i fit holla u privately if you don't mind.

Grood it's been of value to you. But then for privacy reasons, I'd prefer to limit my discussions to NL.

Notyamate:
$PERL is a good coin, I've been in it since 0.08.

Just noticed it... In it for a quick play though

pius4luv:
Is it right to invest in this coin ?

You're the one to make that decision

I've got some because I there's a greater chance it breaks to the upside. If however it does the opposite, I'd cut it

Some charts are quite interesting.....
Looking at perl, the pattern on the 4hrly chart both against usd and betece is interesting... bounce zone has been on the 21 ma... Some would say a staircase.... Usually ends with an elevator... Question would it be up or down?

It's holding levels against betece which is a good sign..

I'd keep an eye on this too.. got a small position.

Xrp.... Hmmm

I noticed this coin has been stuck between 0.042 and 0.049 for the past 3 weeks irrespective of what betece has done... Barely flinched on this last dip... We know it's a coyn that acts awkwardly...

Came across this yesterday.... Perhaps, wondering use of such transfer... We know what happened when ripple began buying xrp last year... maybe they're doing same now... Either way, it's one to watch

One, celr and fet have been a blessing... Seems all of them are going for 1 or 0.1

Getting excited with Algo and atom... I can finally get to offload my bags

Vet has been a good boy..onto promised land

On betece, we got the intial bounce against the 21ema on the 4hr chart (1st pic) but this was sold into and we've trended lower... I had envisioned we'd bounce of it and continue but we went down to clear some stuff

Currently, we're bouncing off 55k but there are liquidity zones closeby (blue arrows) between 55 and 52k which betece may like to take out in the coming days...

Confluence to this is the daily chart (2nd pic) which is clearer... On it, the 21 ema which is currently at 53k... Wouldn't be surprised we head towards it...

What is more interesting is that alyts have held levels very very well against betece. This hasn't yet changed my prediction on alyts... infact, I'm more excited as this is a much better scenario than a quick betece continuation. It seems betece has dipped the most. When that happens, you get excited for your alyts cos once betece settles, na waka... As far as this bottom does not go below 50k, this week is setting up to be a blessing

teewhysafe:
@Jedisco...thanks for this. What do you mean by locking up profits in BeTC?

Same way you trade into usdt, you can also trade into betece...

Rationale is that betece is the market leader so if your alyt is not performing better than betece, you're better off holding betece. Most older folks use alyts to accumulate more betece

So how am I planning to play this.... Obviously, there's always a risk in this market and betece can tank today leaving us pants down

1. If betece maintains a breakout (may not), like I said before, the range upto 66-67k ish is where I expect alyts to really pop... We know there's always this psychological barrier around whole sums and once betece starts approaching 70k, I'd prefer to be in betece mostly to protect my profits.

2. Look at XEM, that's how alot of alyt charts will look soon. We've seen that it doesn't matter how much your alyt has pumped, a proper betece correction will wipe profits. For those new here, weve not had any proper correction this year...trust me...all we had are minor pullbacks.

3. We've seen multiple coins follow same pattern... Break ATH, come back to retest it and then rally. It's much easier for a coin to ho parabolic once its broke ATH.

4. To maximize profits, I'm focusing on coins that have broken ATH.... I shared some coyns I track before, and those who've fulfilled that criteria have really moved. e.g One and theta. Also, most coyns are getting into their 5th wave which is usually the steepest
Among those I've tracked are;

VET; broke previous high at 0.06 and retested it... Now rallying.. target is
Sushi: broke previous high at 20 and retesting it... Target is 40
KSM; nice new coin. broke out of 270 ish.. Targeting 500 on this
Uni: currently retesting breakout at 39... A rally to 40-50 aint out of the cards
Zil: broke previous high at 0.15 and currently retesting it. A move to 0.3 isnt out if the cards
DOT; yet to break out of 40.. but it's one coyn I may be in when Betece rallies... I've noticed it keeps up. Targeting 60 on it.
Theta: been in this since 3.5 (taken some profits).. if it can get above 8, I'd hazard a guess that it could get to 20
Doge; not so sure if it's had a 3rd rally or not... If it's gearing up for one, then I don't want to miss it... Either way, we'd soon find out.

Obviously, I didn't include some like ONE, Celr which I believe have moved.
Coins I'm interested in seeing how they interact with prev highs are Link, GRT and SRM.

For ADA and bnb, I'd only be interested in them on a break of previous highs

Also, my targets are rather conservative.
My list isn't exhaustive, it's what I follow I trade.. if you have a coyn giving you profits, then stick with it

5. Why I chose those I think are ready to move is cos I want to cycle profits into betece relatively quick once it starts getting to 70k. I can reevaluate then.

6. One thing I'm struggling with is eith... It's very likely it'd rally... Only problem is I'm trying to guesstimate what time... It's rally signifies alot in this space... Will keep monitoring....

In summary, like I said, there's always a risk in trading. Things may not always go as planned but with stuff becoming more and more volatile, making profit isnt the issue... Rather keeping it is. When betece corrects, I want to have good profits locked in and not see profits of the past months evaporate.

First, I'd like to outline somethings.

I'm not advising anyone to follow suit. Just sharing how I plan to trade this range. Also, one can say what betece will do the next moment so we make projections based on learned experiences.

Some thoughts

1. The market has become more volatile on the move up. We've seen steeper rises and even steeper selloffs. I expect this to continue until we get to the top.

2. Betece usually gives 2-3 opportunities yearly to make good profit. This year has been heightened cos we're in a bullrun

3. On 2, the market has been in a continuous uptrend for past 3 months, all we've had are little pullbacks... Perhaps a larger correction might be in the offing. One that would reset the market. Last time we had such was the pullback to the 21 week ema at 10k. That ema usually serves as a bull market support. Currently sits around 37k.

4. I look at lots of alts and I see a top calling. I'd share some pics on this later. But If you look clearly, you'd see those running are in the 5th stage of a likely 5 wave rally (3 pumps and 2 corrections)... Usually, a larger correction ensues afterwards..

5. On the last breakout, we've seen that once betece starts rallying, alyts suffer. I'd say that the range from here to about 66k ish should be the sweet spot. If betece starts approaching 70k, then likely betece may take over.

6. We've seen betece roughly double its previous range with any breakout. From 20k, it doubled to 40k. Came back yo retest 30k and doubled to 58k. Now it's bounced off 43k, I'd hazard the top of this current range to be at around 85k ish. I personally wouldn't be waiting for that level... Will be averaging out profits we b4 that Things will move quickly and as we've seen, the market can quickly go parabolic and keep running much higher.

jedisco:
@house, with this betece breakout, seems we're getting into another move in this run... It'd be good to share ideas how you have it planned out... take profit, manage risk e.t.c so we're not left pants down if a correction occurs

I'd share mine later on (tied up at the moment)

My weekend has been hectic... But I'd do this in posts from time to time

It's interesting how this thread becomes active when betece breaks out. All man likes profit

Ibime:
The run to ATH was done on Saturday by retail investors and had little volume behind it. Institutional investors will most likely try to drag it down to their preferred entry points on Monday

I'd say it's about evenly split for now though I'm leaning towards the upside.

Even if it's retail driven, it's not necessarily a bad thing. It's bound to occur. As a matter of fact, I'd say that's why institutions were buying all this while before retail takes over.

Institutional investors bought at 43k when retail caputulated. I don't think they're interested in selling their bags to bring down price just yet.

Throughout this run, betece has never gone back to retest any range breakout price both at 20k and 42k. Doing that now may mean a not so bullish scenario

Fact is, for betece accelerate, there have to be alot of people on the sidelines waiting for lower prices that would be forced to FOMO. On this last run up, people have been waiting at 42k, 46k, 48k, 54k and perhaps to at 58k. They are the ones that'd FOMO to push price up.

Betece is not always merciful to allow everyone fill their bags before it moves....moreso in a really bullish market

On the 4hrly chart, I'm not expecting betece to go below the 4hrly breakout candle that started at 57.3k to remain really bullish. Going that low may mean we nuke further down to clear all the stops below. Also, looking at the RSI, a bullish divergence is already being printed (equal lows on the RSI, higher lows on price). Lastly, the 21 ema which it's been bouncing off is rising to meet price. I wouldn't be surprised if it bounces off it again.

I'm saying this cos it seems you've been second guessing this whole betece move up. Hope you don't finally buy at the top. There's no harm in being ready for either direction or perhaps averaging in with bids down to your target price just incase it does not dip further.

Looking to dispose off my remaining sxp but it's weekly chart is as close to a perfect 'cup and handle' as you'd get. Perhaps, it might finally shoot for the highs

Similar formation on the doge hourly chart but not complete yet

EarlyCareer:
You called it, boss. Sold a little into ETH. Bought MANA, and CHZ, made quick profits and sold. Bought back theta at $6.5. May buy CHZ again but it still correcting for now.

Theta seems to have started another uptrend again. Heading back to $7 and more. Abeg check charts for us if you can.

Good profits you've made. It's been a good bounce so far.

The selloff from 8 dolls on theta was significant... I'd be watching to see how it deals with that level. If it gets above 8, then 10 and 20 could be within reach...
There's something about coyns that start running from 3.5-5 dolls ish... I've seen quite a number of them run to 20dolls this run e.g dot,sushi,uni

jedisco:
Might just cut this...... A betece breakout wasn't good news for it. On the hourly, it's hanging on for its dear life. Not convinced with the bounce so far

Glad I held on to this. The dip turned out to be a retest on the way up. Looks like it wants 1 dolls....eitherway, I got my sell bids stacked all the way up. Nice move in 24hrs