Kingsteve:


In summary, from your BTC chart analysis, the fall will start once it hits the 24.6k resistance, which you refer to as the redline
Let's watch...

You said you don't fo support and resistance?
How can you not do it?
What is a sound TA without S & R?

Elliotwave analysis encompasses all.

24.6 has been rejected already; don't go and buy hoping it will get there o

Elliotwaveforec:

Elliotwave analysis encompasses all.

Ok then...I'll wait for the 14k fall.
But bear in mind, for the past two weeks, you've been talking about this fall.

I think for more clarity, especially for those who intend to day trade, your analysis should be more specific.

A day trader waiting for price to hit this redline since last two weeks you talked about this fall, would have missed so many trading opportunities by now.

youngsum:
ilegendd you haven't create any thread yet since your return, are you banned from creating new thread?

How does that affect you

Some comedians on this thread....

You don't do resistance and support yet you are so sure the btc price will not touch a particular price......you are the one controlling the bitcoin price na...

Analysts are here. May una dey drop profitable signal oo

Elliotwaveforec:

Elliotwave analysis encompasses all.

24.6 has been rejected already; don't go and buy hoping it will get there o

Naaahhh...that's schoolboy error.
I only go long at supports.
How can I even go long at 24.6, when BTC price is currently at 22.7k?

I only do spot trading by the way.

Kingsteve:


Ok then...I'll wait for the 14k fall.
But bear in mind, for the past two weeks, you've been talking about this fall.

I think for more clarity, especially for those who intend to day trade, your analysis should be more specific.

A day trader waiting for price to hit this redline since last two weeks you talked about this fall, would have missed so many trading opportunities by now.

My analysis isn't for day traders but for swingers.

Elliotwaveforec:

My analysis isn't for day traders but for swingers.

Most times, swinging isn't intentional.
From day trading, one gets stuck, due to many variables.
Once a position is carried over till the next day, it becomes swing trading.

OpenHeaven2019:


Thanks man. I’ll try it out and revert.

God bless you real good.

you get any forum or group for eth nft alpha for nigerians?

Omobola121:
Yes

Fasterpay- Sterling, Gomoney, Fidelity, Chipper cash cards and any $ cards

Pyypl: zenith, Uba, Stanbic, standard chartered cards

Gtb: Stripe, Netshop

Ezipay: Access cards

Note: Only gtb is $200, chipper, sterling, gomoney and Standard cards are $100.... Others are $50, $20 limit.
You can research more

Hello, sorry to bother you. Please I just opened a Fasterpay account and I'm about to fund my account with USD. Please how can I use it to buy stablecoin on an exchange?

Please what is the best platform for stablecoins staking? Is defi staking or stable coins staking safe?

This BOND token ain't joking at all

Omobola121:
Yes

Fasterpay- Sterling, Gomoney, Fidelity, Chipper cash cards and any $ cards

Pyypl: zenith, Uba, Stanbic, standard chartered cards

Gtb: Stripe, Netshop

Ezipay: Access cards

Note: Only gtb is $200, chipper, sterling, gomoney and Standard cards are $100.... Others are $50, $20 limit.
You can research more

sorry i have a virtual gomoney card that works seamlessly for my apple music and spotify, where do I buy crypto at near cbn rate with it?

Day traders make me laugh. Statistics have shown that 90% of day traders lose money. Thinking you can time the top or bottom is pure fantasy. The only proven way to be profitable in crypto is to buy small amounts of BTC and ETH every month and hold for the long run. This recent crash is just one of many throughout bitcoin's nascent history. Once you have the mindset that you intend to hold btc long into your retirement, you wouldn't even care If it dropped to $5, because by buying every month, you are dollar cost averaging and you are accumulating more coins.

The mentality of trying to get rich quick off crypto will be the demise of so many new investors. Real estate gives you maybe 5% annual return, stocks 7%, but people invest in crypto expecting to make 50% overnight because we've had crazy exponential bull runs. They say crypto takes the stairs to climb up and takes the elevator to fall. I see bitcoin as a long term investment I hope to give my kids and grand kids, this longterm horizon has kept me sane for the past 9yrs.

Saylor way is my way

IgiveLadiesBj:
did you stake and vote the others?

yes I did vote, and staked with 0.1 evm

Bitcoin:
Day traders make me laugh. Statistics have shown that 90% of day traders lose money. Thinking you can time the top or bottom is pure fantasy. The only proven way to be profitable in crypto is to buy small amounts of BTC and ETH every month and hold for the long run. This recent crash is just one of any throughout bitcoin's nascent history. Once you have the mindset that you intend to hold btc long into your retirement, you wouldn't even care If it dropped to $5, because by buying every month, you are dollar cost averaging and you are accumulating more coins.

The mentality of trying to get rich quick off crypto will be the demise of so many new investors. Real estate gives you maybe 5% annual return, stocks 7%, but people invest in crypto expecting to make 50% overnight because we've had crazy exponential bull runs. They say crypto takes the stairs to climb up and takes the elevator to fall. I see bitcoin as a long term investment I hope to give my kids and grand kids, this longterm horizon has kept me sane for the past 9yrs.

Oga, just say you no sabi day trade, and also there's nothing wrong with being an investor.

Just because you don't understand how some profitable day traders make money from price fluctuations, doesn't mean day traders make you laugh.

Personally, I'd be bored as fvck if at gunpoint, I was asked to change from being a day trader to an investor like you.

When you understand the importance of price fluctuations in a crypto market, then you'll understand why some traders have chosen this path.

And yes, I may have to agree with you that majority of day traders aren't successful.
This thread opened my eyes to that fact!

Kingsteve:


Oga, just say you no sabi day trade, and also there's nothing wrong with being an investor.

Just because you don't understand how some profitable day traders make money from price fluctuations, doesn't mean day traders make you laugh.

Personally, I'd be bored as fvck if at gunpoint, I was asked to change from being a day trader to an investor like you.

When you understand the importance of price fluctuations in a crypto market, then you'll understand why some traders have chosen this path.

And yes, I may have to agree with you that majority of day traders aren't successful.
This thread opened my eyes to that fact!

80 percent of businesses in Nigeria fail within the first five years. Businessmen make me laugh. Why bother doing business in Nigeria? https://www.vanguardngr.com/2013/10/eighty-per-cent-smes-fail-within-5-years-finance-experts/#:~:text=FINANCIAL%20experts%20say%20about%2080,
Bitcoin, can you see how faulty your argument is now?

Do what works for you. Every endeavour that there is money in it is always difficult. I could quote other statistics to backup kingsteve and rubbish Bitcoin's point but i think the message is clear. Decide if something is worth it for you then try your best at it- stop using statistics to backup your failure.

DenreleDave:


Your mumu never do.. Otemute

Singapore1, boss how far? E don tey wey I sight you bro

Fine sir but
I don't know you sir

Thank you! I think I found peace now trading Etf coins only using Btc movement for my entrance and exist. I started with $500 and my daily target is $30-40 which has been very easy for me.

Kingsteve:


Ok, firstly...on Wednesday the 27th, the Fed is expected to increase interest rate by 75BP (Base points) or thereabouts.

Now, this can be quite tricky in the sense that, if the rates are increased by exactly 75BP or less, it won't really have a negative impact on the crypto markets, because it is already expected to be so.

On the other hand, if it's more than 75BP, then the selloff could be quite noticeable, but not monumental.

From my point of view and analysis of both TA and FA, I still don't think there would be a drastic drop in BTC price, regardless of whatever the interest rate is increased by.

Now, from a TA point of view...looking at the BTC chart below, a higher support seems to have formed at 21.9k, even though there are key support areas below, which could be pivotal in the week, after or before the interest rate is increased.

The key support areas to note are: 21.9k, 21.5k, 20.8k and 20.4k
If these supports fail to hold incase of a selloff (which I strongly doubt), then we could be looking at a lower support of 20k and 19.6k.

The simple moving average (SMA) is finally below BTC price, which signifies that an uptrend is about to form.

Also the exponential moving average (EMA) is slightly above the BTC price, but will soon fall below it, to confirm an uptrend just like the SMA.

But when you switch to the D1 timeframe, both EMA and SMA are already below BTC price which signifies an uptrend.


My verdict: Just like I've maintained for the past weeks, I see BTC continuing with its bull run, regardless of whatever the Fed decides.

The bulls are gradually staging a comeback!
If by the end of the week, the support at 23.3k or thereabouts holds, expect more bullish runs in the upper week ahead.

Stay tuned...

coolqayy:


Fine sir but
I don't know you sir

Who dey greet you? I talk say you know me?

Na signapore1 I dey greet jare, abeg no block my view, Comot make I see person wey I dey greet

jyz200:

How does that affect you

E pain you

Invest as little as a €100 on Tether (USDT) with a daily accrued interest.
please write me ASAP.

Safepal is here to help you secure a better life

Elliotwaveforec:
TA or FA, BTC goes south.

14K SL 24700

Head and shoulders formed already

does this not look like deflover chart , LMAO you went to open new moniker think say I no go notice, you still dey use this chart format ,mumu man

posty56:
does this not look like deflover chart , LMAO you went to open new moniker think say I no go notice, you still dey use this chart format ,mumu man

I no understand you o.

Omobola121:
Thank you! I think I found peace now trading Etf coins only using Btc movement for my entrance and exist. I started with $500 and my daily budget is $30-40 which has been very easy for me.

Nice one!
Always on guard though!

Elliotwaveforec:

You don finish your madness on NL? Now go and bequeath it to your children at home. Stupid girl wey no reach my younger sister mate dey form old mama because one street urchin giveam belle born pikin.

Oloshi olosho, fuckkkkk off with your stinking pussy

Lol...The same writing pattern with deflover..no wonder una charts na the same thing...

You don buy market... no one messes with me and go scot free...you will join the list of my scape goats....

posty56:
does this not look like deflover chart , LMAO you went to open new moniker think say I no go notice, you still dey use this chart format ,mumu man

The same pattern na...he thinks everyone can be deceived successfully...

crazymommy:



Lol...The same writing pattern with deflover..no wonder una charts na the same thing...

You don buy market... no one messes with me and go scot free...you will join the list of my scape goats....

Fuckkk out of here, lunatic. People wey get brain dey analyse markets with TA, blockhead like you dey show face.

Iya give technical analysis of BTC you know now.

See result of mine. What I gave yesterday.

Forex trader dey talk, crypto trader dey show face. Nonsense!