Adaibeku...
You mention me come take off!
How far na?
E don tey!

This one don use pr!ck reset her brain from factory setting.

[quote author=BigCowHornn post=124488204][/quote]

Lol
This man...you too?
Una still full ground!
Oya na...

Adaibeku:
I have commented more times than you even when u are here . Do your research though sisterfire amaka borrowed my monikker when she was banned few times while I used my pret*y**** monikker . But as Adaibeku I have commented here more than you do, ask kingsteve my sugar boy.

This woman.
So you still dey alive?
I think say dem go Don kpai you by now.
How you dey?

Salvation2:


That's true my brother.

The time spent replying and posting non-updates, should actually be used to drop more updates!

Drop more updates...
Feed us!

Interesting!

Chikacha:

Keep laughing at your stupidity.
I've ignored you a lot, but not anymore!
I live rent free in your head.
Go exorcize those demons filling your head with hallucinations about Kingsteve, lest you run mad.

Chikacha:


you can talk without curses you know?

And yes, proving that I am mentally ill would be the only way I am wrong.

If curses could kill, I'd curse you till you drop dead.
You're a sick fellow.
Go get help!

Chikacha:


You cannot Miss something that is not gone.
Any leg that is moving fast, there are eyes that are watching.
There is no such thing as coincidence, Mr Kingsteve.
Why is it that every time one of you disappears, two more of you reappears, even in a new year.
Typing almost the same way, with the same words....You never see anything.

Again, I repeat...you're sick in the head!

Chikacha:


E shock you I think.

Jokes apart, you seriously need urgent medical attention.
Do I call this obsession for your fellow man or what?
How can you be mentioning me even when I'm no more active on this thread?

If you miss me that much, be honest about it and stop mentioning me unnecessarily.
Haba.

Na wa ooooo!

Chikacha:


KingSteve. So after all that happened here, you are doining the exact same thing?.... and expecting a different result.

One single mumu you nor go see. One single maga, you nor go smell.

You're sick!
Go get help ASAP!

lrman:


Good to read from you again..

Thanks!

Fastt:
What happened to all the technical analysis chart . If it doesn't go up, it goes down .

Una chart don burn?
Kingsteve don go find work. Deflower don carry 100 dollars dispear . Him no sell book again
Person wey pass from selling refinaries to writing forex/crypto books . You got to give his hustling spirit. If only he will settle down and get some skill. Not too late @45yrs Deflower deflower.
Forex traders don disappear, gamblers don dey relocate.
Loving me some bear market. Keep accumulating. From next yr, I will enter shitcoin farming. LP.
Do my job, watch market sentiment. Fail some , win some. Loss all. Restart..life goes on

Lol...just because I quit the thread doesn't mean I quit trading!
I only quit the thread because I felt there was nothing else to offer in regards to TA.
Yes...I used BTC dipping to 15 and 16k as an escape route, because I was genuinely tired of the thread and needed a break.

So at this juncture, I'm just here to clear some misconceptions about my disappearance.
During the FTX collapse, it sent shock waves across the crypto markets, which inevitably sent BTC to the 15 and 16k levels.
At that point, someone predicted that BTC could dip to those levels, but I objected and went as far as making a declaration of quitting the thread if it does.

In my quiet moment, I consulted the charts again to see the possibility of BTC dipping more.
When I checked the monthly chart, I noticed the red candle increasing in length, and wasn't far from the 16k level.
It was at that moment that I knew I would eventually quit the thread...which I did!

So now that I've cleared the air regarding my disappearance for those who weren't aware, it's time to vanish once again.
But before I vanish, I'd drop a little analysis as usual.
Wouldn't it be criminal of me to show face without dropping some analysis?

So...BTC has defended the 16.6k support very well since the FTX contagion, and looking to build from there.
But before we get all optimistic about the much-awaited Bull run, let's look at the factors that could trigger this.

Firstly, there's a slew of econmic reports coming out next week.
If these reports are favorable, expect some relief rally.
Would the rally be the beginning of the bull market?
We'll have to wait...

Looking at the BTC D4 chart below, we can see that the 15.4k support has been tested severally.
Again, on the upside, the 17.4k resistance has only been tested fewer times than price has tested support.

What does this mean?
It means that the selling pressure is gradually waning, while accumulation is going on, and a new support at 16.6k has taken over the defence.
All the market needs is a booster, in the form of favourable FA which are due next week for price to break the 17k resistence and attack the upper 18k resistance which was previously a support.

I strongly believe that if not for the unforseen FTX collapse, BTC would have been in a better place than it currently is.
And on that note, I'll take my leave once again and hope that we finally see the much-awaited greens in the market.

falcon01:
Ok immediately I saw precious, I stopped reading. The story is a lie

atinga1:

Las, Las you go come back with another moniker and lurk around in shadows.

...just like a ghost.

Response01:
Abeg make this thing no go under 17k for the sake of Kingsteve cus e get as him heart go dey do now.

Nah to create another moniker use enter thread again.

Lol...no shaking.
If e drop, I quit!
After all, I wasn't held at gunpoint to take that stance.

Na wetin I just wan do!
If I quit, take what you can from my teachings and workings!
The message has been passed.

Let BTC decide my fate on here.

Daemo111:


Kingsteve I hope u are getting ready to deactivate ur account.

Who talked about deactivating?
I said I'll quit this thread if it falls below 17k

ugo41babe:

Done. $141 gain

Na so!
Convert am to Naira make you know ha fa.

ugo41babe:


You don’t get. I’m already in more than 10% gain within that 20mins timeframe with a stop loss at 10% gain. I’m holding for more drop, i needed your opinion either to hold for more gain or cash out.

CASH OUT!
Don't be greedy!

ugo41babe:


Boss when I asked if i should go bnbdown , i went with 1k hoping for a fall. Now this . Do you think is still coming down or i should cash out?

From the H4 timeframe, there's a big bounce up.
The question is...can that support hold?
Whenever there's a massive selloff which leaves a wick behind, that indicates that a potential support has been hit.

You may just have to wait till tomorrow, and see how it goes.

Taking any decision now will be drastic.
That's all I can say for now.

Having said that...If you're lucky enough and price touches that support again, exit FAST!

Me sef don tire for this thread, so I'm putting everything on the line.
If BTC drops below 17k before the year runs out, then I'd take a walk, and leave you all to your fear mongering.
My word is my bond!

lalalista:
nobody can be so sure of crypto

True, but this particular issue isn't rocket science.
I repeat, if BTC was to break the 17k support, that would have happend after the July 9.1% CPI data.
With all the waves of negative data that hit the crypto market, 17k wasn't even re-tested after July.

The question is...why now?
What other negative data could drag BTC to lower lows?

What if the next CPI sees some improvement, then what other negative factor can the bears bank on to send BTC down?


Think!

Daemo111:


U talk with so much certainty over what u have not even a pinch of strength over.
Never say never in this market!
U see pump u ran up here to write long epistle.
The chart can b funny and dribble a lot b4 finally touching its destination.

Make a screen shot of this post this moment, BTC would go below 17k most probably b4 the year runs out and would mark its final low before uptrend begins.

What pump?
You mean the bounce at support?

Should we place a bet?
If BTC goes below 17k before the year runs out, then I'd quit this thread for good.
If it doesn't...you quit this thread for good?

I'm done trying to make people on here to understand the importance of good TA.

What you say?

seanwilliam:
Road to 15k..
Gents, brace up

Una no dey rest?
There is no 13k, 14k or even 15k.
If BTC price drops to any of those levels this year, I will stop posting here.

What you guys don't know and will never know, until you decide to know is that 17K was the yearly low.

If BTC price was ever going to drop below that 17k, it was when the CPI was at an all time high at 9.1% in July.
I repeat...BTC isn't going below that 17k this year, and I doubt it will next year.

Until you lot learn how to read the charts properly, you will continue with this fear mongering, which causes a ripple effect to other gullible traders, making them to panic sell at huge losses.

Sometimes when I read the comments on here, I shake my head in utter disbelief, because majority of you haven't got what it takes to be seasoned, consistent and pro traders.

Any small decline, everyone goes into panic mode.
Abeg, no offense, but the fear mongering on here is just annoying.

I remember when I started posting on this thread, and I said for one to be a consistent trader, it also requires some special kind of talent.
I was attacked for that comment, but some, if not majority of you guys keep proving me right!
Smh

Hotice085:



Relax bro, well was wrong with the way I perceived you back then but you know things were crazy as at then
No bad blood

No sh!t!

Hotice085:


Ogbeni how far what have you been cooking?
Forget those charts just de shine your eyes very well this coming week concentrate on volume, support and resistance and some economic info something is going down soon

Hmmm...

Kingsteve:


Not yet, but I'm taking advantage of this bull rally.
We will have a clearer picture of the market after the next 2 weeks...next week in particular!

This current bull rally is in preparation for next two weeks slew of key macro reports and events.
I suspect what the market is trying to do is to send prices higher, so that no matter how negative the economic reports are, it will form higher lows as new support levels, in preparation for the imminent uptrend.
In other words, previous notable resistance levels will be flipped to new support levels.
It's about time!

We shall see...

Done!

OfficialP:


I agree with you.

You see...
one thing is keeping abreast of the economic data, and the other is being able to know its importance and analyse how that data will affect the crypto markets.
This is the challenge, and where so many traders fall short in their trading decision-making.
E no easy las las...

Yellowblack:


Thanks alot... But what we need now is pump or dump??

If I knew, I for don hammer na.
I only speculate based on economic info and charts.
And as you know...speculations aren't 100% certain.
Anyway to answer your question, I'd say the next big move is likely to be a pump.
When?
Until, maybe after next week!