₦airaland Forum

solreb:
Yes oo. Bought TFUEL Thanks the bosses though I had been Theta sonce 2.30 but the call made me hold to 20 as predicted. I reget loading more at 7.

Taking some profit is never a bad thing.... Having a number where your coin must hit before you close can be a strategy that'd make one loose all profits gained..

Personally, I don't plan to sell the exact yop or exact bottom... I prefer to average in close to the bottom and out close to the top.

Also, remember obvious levels can be frontran. Having extra firepower to buy dips can be equally as profitable as riding pumps

jedisco:
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.

This was my initial plan for the alyt rally but now I've cut most positions, I'd want to re-evaluate.

If betece had remained above the 21ema, it was likely most targets would have been hit. Either way, if betece corrects, alyts correct too...

The vet, zil, ksm group were well on track... Ksm and theta are closest and could very well hit targets

The dot, uni and sushi group had not moved

Biggest gains are theta and tfuel... good thing tfuel lagged... Swapped my doge into tfuel... Still believes a lagging tfuel is a gift and it's not yet rallied to correspond with theta's move from 8 to 15.

Biggest regret was ONE... Cut it too early and rather got into celr. Got some of the profits on celr but one would have been a joy to trade.

My biggest win was perfecting an alyt strategy for the remainder of the market cycle... Can't wait to put it to test.

Sailor1:
Still on track...

Yesterday was a clean bounce off the 21 daily EMA (yellow line - 1st pic). Nice close too... Betece usually respects such PA at least shortly.

On the 4hrly chart (2nd pic) betece didn't dip low enough to clear all the liquidity at 53k. Also, a lots of folks longed this dip. Makes me think it'd still revisit the lows to clear those stops and retest the 21 daily EMA. The real support sits at 52k.

There's still some bearish argument (which I didn't highlight) I'm keeping this simple...

A daily close
1. Below the 21 daily ema >>> going into fiat
2. Between 21 daily ema and ATH, >>> playing alts
3. Above ATH>>> scaling into betece...

Overall, alyts still look ripe for a run... In positions and managing risk sensibly

Hmmm....

We eventually did revisit the lows and take out the liquidity at 53k.... Only issue is that we closed below the 21d ema 2 days ago and held it as resistance yesterday...
I made a plan and I'm sticking to it.. cut most of my positions and put stops on the rest e.g theta and tfuel... Will look to sell into a bounce today and see how the day closes. ... Over the past weeks, I made good money on alyts.... My focus now is keeping profits... One thing about trading alyts is getting a proper entry.

1. On the daily (first pic) betece lost the 21 ema 2 days ago and held it yesterday as resistance... The last time this happened, it a few days before the effect reverberated into alyts. Infact, most alyts rallied on the second day before reality hit. I'd be looking at 57-57.5k area and see how betece deals with it if it gets there

2. So far in this run, betece has been reversing at the 50d ema (maroon line), this time around, I would play it with caution...esp on alyts... Reason is that most folks are bidding 50-52k for a buy... The last two times, the majority were bidding lower than the 50ema. I've known betece to not satisfy the majority...either a shallow dip or a major dip....

3. Betece has had 6 straight strong months... January to March (so far) has been good. A proper selloff would usually come in any bullrun. So far, we've not had any. When it happens, I want to be ready... No matter how long it takes.

4. On the 4hrly chart (2nd pic), we're testing the 52-53k level for about the 3rd time after taking out previous stops... Perhaps, we see a bounce.

5. There's been news of institutional buying... There's still a bullish case. I'd start scaling into my preferred alyts if betece claims the 21ema as support. Before then, I'd be looking at select plays on certain alyts

Not financial advise but this is how I'm playing it until there's clarity in the market.

Ibeme:
No fresh cash boss. It's still the same money from my initial investment in January I'm recycling. I just had some sitting in USDT. I'm 12% up on these unlisted cøins since last night while B.T.C has been sliding

Nothing do you... Make the profit while you can (Of course with a strategy).... These opportunities don't come often...
Yeah....Certain alyts have been doing well and others have held as betece has generally been ranging...

bizzibodi:
I have not made any loss in betc,it's other Alts on spot it gives small profit but big loss if I had put my money mainly in betc & forget it,it would hav been better.although I have other Alts I'm holding which yield well that I wish I had more money to put.

Then trade more in betece if it's been profitable for you... You can test waters with alyts until you develop a dependable and profitable strategy.
Also, on your last phrase, when your alyt has done well, rather than looking for fresh money to put in, it may be a hood idea to look into taking profits... Perhaps that's the reason your alyts haven't come thru

Ibeme:
I've only got 3 unlisted coins for specific reasons linked to upcoming events and so far two have grown since yesterday despite B.T.C dip

With unlisted coins, there's tremendous room for profit or loss... it's all about managing risk.
Alyts are still holding as there's optimism in the market... A proper pullback will reset the market and take Alyts weeks to recover.
In summary, I believe adding fresh cash to the market now comes with added risk (as always).. I prefer to deploy on proper red weeks when I can truly guage the strength of coyns.. But if you can manage it, why not

bizzibodi:
Meena!why is %lose always greater than %gain,lose is sure..gain is probability... may b I should stake on price going down.....what does bnbup,bnbdown,betc up..be.tc down means sef.
Cc: jedisco,sailor1, openheaven 2019

Looking at the betece monthly chart below, it's soo bullish that I'm getting scared. 6 straight months of significant upside.
If over the past months, you've made a cummilative loss trading that, then you should look into your trading pattern. I don't know of any market that has been more bullish over the past months.

I'd add that if you have not made consistent profit trading spot and understand the market, it's best to keep off leveraged token or trading

Ibeme:
I done send some of the stash to wallets to buy unlisted coins jare

Hmm... Careful with those...

I think the market is very much overheated and I wouldn't see this as a good time to add fresh fiat but rather plan for an exit from existing positions. When we have a correction, you'd get stuff much cheaper than their current value.

Alot of alyts are showing top or close to top signs. Betece has had 7 straight green months.... Can you handle 3 straight red months?

For the unlisted coyns, that comes with added risk... Just like in 2017, a proper betece correction will see most literally go to zero... Look what happened in the past when new coyns start popping up. I'd say the best opportunity for those was in January...now when retail is queuing up to hand in their money, you'd start having distribution...

Personally, I'm not buying any new stuff for now... I've began to slowly scaleout. Still expecting more upside in alyts though

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

Xrp...xrp.... Na so ur pump dey be? Abeg just leave betece alone... Other coyns have been pumping without waking betece up. Pump and go let others pump too

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