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Kingsteve's Posts

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InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 2:08pm On Sep 19, 2022
The BTC daily candle has finally left a wick after touching 18.2k support!
Still...the days ahead will determine how strong this support will hold.

InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 1:34pm On Sep 19, 2022
deflover:
Whatever the news is.
It will go down
News is created to follow trend and not trend to follow news
Oh really?
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 1:34pm On Sep 19, 2022
GRACEGLORY:
I’m predicting 0.75
I hope so too!
Christianity EtcRe: Marine Spirit/spiritual Husband: Your Experience by Kingsteve(m): 1:14pm On Sep 19, 2022
blessing12345:
That's who they are, the good ones will never kill you instead they will make your life better, just pray that u don't meet the bad ones, that's why and on the case of spirit husband and wife All you have to do is tell the lady or man to go and do spiritual appeasement towards them that's all.spirot husband and wife are great destiny helpers, they can give you riches, money, wealth, favour if you are in good terms with them.
And if you are a mariner and you come from the waters, that means you have existed before you came into this world, for instance:
YOU PROBABLY SEE YOUR SELF SWIMMING IN THE WATER, OCEAN, RIVER.
YOU PLAY WITH PEOPLE WEARING WHITES AND SEE DIFFERENT FACES IN THE WATER, THATS YOUR SPIRITUAL MARINE MATES.
YOU DREAM AND IT MUST COME TO PAST.
And how did you come to this conclusion?
Are you one of them?
Talk to me!
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 1:03pm On Sep 19, 2022
GRACEGLORY:
BTC had bottomed @$17.5-18K. Double bottom at the same level. All Technicalities points at 18k.
The bears are worn out @$17.5-18k. But where fear lies is Jerome Powell the chair himself of the Federal Reserve (FED UPDATES BY WED)

GOD, abeg o no let chair spoil ds soup. Abeg abeg. Village people, stay back in your village.

Let every Bull go and wash his head with hypo, and anoit your head with thick olive oil.






#Babydoge
The markets as it is have already priced in the rumoured 75BP interest rate hike.
The problem is, if it's higher than expected and reaches 100BP, that's when the markets might react aggressively and the selloff continues.
We shall see...
Foreign AffairsRe: THIS IS WHY NO ONE ON EARTH CAN WIN RUSSIA IN A WAR NOT EVEN USA by Kingsteve(m): 12:41pm On Sep 18, 2022
Another wankfest thread for Putin fanboys.
Pathetic things.



*spits*
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 7:51am On Sep 16, 2022
Omobola121:
Thank you Boss. God bless you!

I had a safe delivery. Baby girl is doing fine.
Congrats!
You've done well.
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 7:49am On Sep 16, 2022
DaemoLee:
Days or weeks from now ETH and many tokens/coins built on its block chain network would pump hard and give good ROI and u would wish u had waited and not sold at loss or bought more now.
BTC price level won't matter then.

Just Hodl ur positions, anticipate and get busy with something else then come back when it's harvest time.

I see the merge as great hope for a smooth rise in price.
I share your sentiment...
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 2:27pm On Sep 15, 2022
Make of it what you will.

InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m):
A relief rally looks likely because of the merge.
Buy the dip if you can afford Ether.
Buy the dip still if you can't afford Ether...ETHUP!
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 11:35pm On Sep 13, 2022
Born2conquer:
I am not a prophet but I know that there's someone on this thread who's already planning on longing the chart.

I do not know who you are, nobody told me about you but you will be liquidated grin
Not everyone trades futures.
...just saying!
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 12:05am On Sep 12, 2022
Icecream4U:
Get ready for volatility grin
CPI is expected to increase by 7.9% to 8%, down from the previous month's 8.5%
This shows that inflation is easing and that could be good news for the stock and crypto markets, plus the Ether merge, which will likely send prices further up!
A green week is looking very likely!
FoodRe: How To Prepare Monitor Lizard/aligator And Snake by Kingsteve(m): 1:32pm On Sep 09, 2022
Disgusting at first, yummy looking at last!
cheesy
FamilyRe: Oyo Landlord’s Skeleton Found In His Room 4 Years After He Was Last Seen by Kingsteve(m): 1:11pm On Sep 09, 2022
georgeakins:
I guess you have read many ghost stories
Sure thing!
wink
FamilyRe: Oyo Landlord’s Skeleton Found In His Room 4 Years After He Was Last Seen by Kingsteve(m): 11:16am On Sep 09, 2022
yemzone:
Why you say so?
The circumstances of his demise.
He died in his solitude.
He hasn't been laid to rest, hence his spirit will still be wandering the earth, until a proper funeral is performed.
His spirit will always come back to the last place before his death.
FamilyRe: Oyo Landlord’s Skeleton Found In His Room 4 Years After He Was Last Seen by Kingsteve(m): 10:38am On Sep 09, 2022
That house will be haunted for a while.
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m):
Geovanni412:
Bro, from what i'm seeing, expect a big downwards move in the next few hrs. I'd cut the move or at least a big part of the move before it is too late. By 5:30 pm, key news about interest rates amongst financial institutions in Canada (overnight rates) will be released which will accelerate the chart direction
So I closed my Shiba position with 5.61% in the bag, after hodling for 2 days, in the midst of a scary bearish situation.
The Ether merge hype plus drop in dollar are driving market price to the moon.
Just unfortunate that the BTC dump happened after I opened a long in Shiba.

Had i waited a little more before going long, my profits would have been over 10%.
Next is Matic...

InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 7:50am On Sep 09, 2022
I can bet my bottom dollar that a lot of shorts have been liquidated!
Lesson...never get too confident with your shorts, most especially at support levels, which isn't a good move after all.
The tide can change at any moment.

PoliticsRe: Osun Policemen Protest: 'Pay Us Our Salaries; Okada Riders Sleep With Our Wives' by Kingsteve(m): 10:00am On Sep 08, 2022
Kajaard:
Men don't have shame anymore undecided

So there was no better tagline to use than: OKADA RIDERS NOW SLEEP WITH OUR WIVES? huh undecided

Pathetic undecided
grin
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 5:20pm On Sep 07, 2022
Geovanni412:
The chart signals don't look like it has been priced in but time will tell. Sha, take a look at the Btc 1hr charts asap and decide for yourself.
BTC 1hr chart below.
Not looking bad, but like we all know...it can change in the blink of an eye.

InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 4:42pm On Sep 07, 2022
Geovanni412:
Bro, from what i'm seeing, expect a big downwards move in the next few hrs. I'd cut the move or at least a big part of the move before it is too late. By[b] 5:30 pm[/b], key news about interest rates amongst financial institutions in Canada (overnight rates) will be released which will accelerate the chart direction
Hmmm...
What if the market has already priced in any negative news, hence...yesterday's unexpected dump?
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 4:08pm On Sep 07, 2022
deflover:
If u want to know where the market is going
Always look at nasdaq 100
It couples with btc
I would say u should cut the loss of Shiba
More down side is coming
Until nasdaq retest 11k then breaks it for a new bearish wave
I am always ready to cut any loss, all depends on movement of BTC price and how it reacts to key S&R levels.
I dey observe...
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 3:52pm On Sep 07, 2022
Omobola121:
Deflover, welcome back.

Kingsteve, longest time. Sure you're doing great. Been long we hear from you.

Taking all foreign currencies at a good rate, can help you make payment to other countries. Always active, fast and reliable.

Contact on my sig!!
I'm good, thanks for asking.
I've been around though, just trading the downtrend via BTCDOWN.
Yesterday I went long on Shiba, in anticipation of a mini relief rally because of the much talked about Ether merge, only for BTC to pull another rabbit out of the hat! *sighs*

Still hodling though, besides that...markets are very much bearish.
But I believe a relief rally should be around the corner.

BTC has broken all key support levels, which is a worry for investors.
If it drops back to the 17k support, I expect strong buying pressure once more.
Let's see how it reacts to this 18k levels.
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 7:53pm On Sep 05, 2022
Geovanni412:
Trade is closed at 19730. I'll wait for a while --another opportunity might appear today. If nothing happens by 4:30pm (after London trading session closes) then na to wait till tomorrow. KingSteve, u still dey scalp d btcdown?
Still on the matter bro.
Na the best i fit do now as BTC trades sideways/ranging.
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 8:22pm On Sep 02, 2022
Geovanni412:
I took profit when I closed the trade from a similar area ydae. I'd have closed today's own by now but I'm waiting for the day to end - I've noticed that the last bar of the day on the 4h chart on Friday can extend the move into the weekend.
This is what the chart looks like in BTCdown.
The grey highlighted area far bottom left was entry, grey highlighted area top right was TP area.

InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 8:06pm On Sep 02, 2022
Geovanni412:
RESULT
CC
danowena
Goldbw122

The trade is still running-- I'll leave it till end of day and probably into Saturday.
You should be taking profits when you notice that a support is forming around a price level.
The two key support areas for now are 19.7k and 19.5k

Take profits, wait for another bounce up, short...repeat the cycle till a major move happens.
That's how I've been shorting BTC via BTCdown.
Profit for today...4.15%

InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m):
Geovanni412:
It is what it is. Buying opportunities fit come by 17k level - the problem is not btc, but the general world economy. This Russian- Ukraine war is bringing everybody to their knees. Uk inflation level go soon reach 20 %, a whole Uk.
Personally, I think the Russia-Ukraine war has little impact on the crypto markets now.
The impact was felt at the beginning.

The major problems are the UK and US inflation.
Then maybe to a lesser extent...China-Taiwan tensions.
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 5:56pm On Aug 30, 2022
Geovanni412:
Result of btc short i opened today so far:
I've been shorting too via BTCDOWN
2.43% in the bag for the day.

My own be say, any direction BTC decides to go, I will follow it.
I am not just a bullish trader...I trade the trend.
All thanks to leveraged tokens, if not, na look I for just dey look, while waiting for buying opportunities which are limited and risky at this moment.
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 5:26pm On Aug 24, 2022
Kingsteve:
After the storm comes the calm!
Is the selloff coming to a halt?

Well, let's see...
Looking at the weekly BTC chart, an ascending trend line formed from the ATL at 17k.
Ever since BTC price dropped to those levels, there have been higher lows and higher highs which eventually took BTC price to the 25k region, before the recent plunge.

When you carefully study and analyse the ascending trend line, you will realise that there's a support at 20k price range.
That is...the last point of the trendline.

As higher lows keep forming, so would the trendline contine to grow, as I keep joining the points left by the wicks.

This price range is very crucial, because if that support is broken, then anything can happen from there.

However, BTC seems to be respecting that ascending trendline support, as it has recently bounced up from that region and back into the 21k territory.

I'm not going to read too much meaning into it for now, as anything can happen, just like we recently witnessed with the current BTC plunge.

Until that support is properly confirmed and BTC skyrockets from there, then I will be able to say once again...kudos to the brains behind the charting system for creating indicators that both traders and BTC price respect!

Let's see how this pans out.
Done!
The ascending trendline support worked...well, for now!
Next stop...22.4k/22.3k resistance.

Special thanks to all the TA and chartist, that respected that trendline support, and also more thanks to the brains behind these charts, for creating indicators that make our jobs a bit easier navigating these choppy and volatile markets!

To all the TA guys in the house, endeavour to put more efforts in understanding the charting system.
I noticed that some of the so-called analyst on social media predict rubbish, and sometimes influence our decision-making.
But when you've thoroughly understood the concept of reading and understanding the charts, no other person can influence your analysis and decision making process.

InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 10:01pm On Aug 23, 2022
Omobola121:
Wahala for who no dey this thread oo and trading crypto....how em wan take purge himself of market boredom grin grin

Imagine old men with children fa doing this... U for don break bottles for real life sha grin

One of them said the other "person's brain is dipping" haaa!
grin
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 11:50am On Aug 23, 2022
Geovanni412:
Were you trading only btc and eth when this s/l issue happened? Volatility of the other coins can be funny at times depending on the broker. Seriously, 95 times out of 100, you will never get a situation where a BTC or ETH day trader who read the chart correctly and used the weekly atr as his stop loss will never be abruptly stopped out. The market will not quickly take him out of his long or short before rallying within the same week in the initial direction he chose. The problem with futures comes when you don't have experience like dem XatoXi, to pick proper entry and stop loss and you decide to go with very narrow stop loss on btc or eth.
I started trading futures when crypto was non-existent!
I traded futures on indices...FTSE100 and DAX30 mostly.
The volatility was as mad as the current crypto markets.
I noticed that during a downtrend, sometimes the SL won't even work.
I would have to manually sell after incurring massive loss.

Yes, I made some money from it...atleast I used the profits to buy my first Dell laptop back then at £400 plus.
But the general experience was worrying.

Then, I used to wish I traded on the actual price of the instrument, but what was available on the E-Trade platform was the derivatives markets.

I've never tried trading crypto on futures...never!
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 11:02am On Aug 23, 2022
Born2conquer:
This is the trap that made me lose $2k a few months back! Lol, I was able to triple the 20$ I started with consistently for like 2weeks and I said to myself "Future is blood money".

That's how I liquidated my FTM, KCS, BLOK carry the whole month put for future, lmao.

My comments still dey this thread.

E be like JUJU!! Everything disappeared right before my eyes
Na person wey futures never show shege go still dey support am.
E go reach everybody turn one way or the other.
Futures na trap!

Even the so-called SL sometimes doesn't exit at the set price, especially when the volatility is heavy, and price drops leaving a very long red bloody candlestick.

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