₦airaland Forum

Like now LTC is performing

SINisSIN:
Alt season doesn't mean all alts will move up same time. Some will see their alt early while some till end of the year.

So it depends on your coin. You can see that some have already started their movement.

seanwilliam:
For crv update follow this guy on Twitter and creditbullcrypto

what the guy said is fact, most coins pumps so quickly abefre u know it youv missed the party. I remember last bullrun . In twinkle of an eye sol pumped to 250 or so and sharply went back to 100+ . It was like magic . . Reason I always check my account this period

Anyone holding duel?

Tflex01:
1. Every bull cycle is different from the previous.

2. btC futures with reasonable leverage is far more rewarding than most alts. It is safer too. Gains from such trades can be used to buy more btC on spot for hold.

3. Patience pays. It's better to wait forever for a good entry on a good project than dcaing.

WAGMI

In line with my January 1 reply to the guy that asked for 2024 personal lessons. I acted on number 2 again and it's paying off quite well.

When btC dip for days and it's close to a major support, and you want to introduce new funds to the market (especially if it's a big money).., longing btC with good leverage is better than putting all in alts.

It is safer too. In a situation where that support fails to hold, your liquidation price would still be far away while alts would have menstruated into nothingness, giving another opportunity for a good entry/DCA on your favourite alts.

As a reminder, ALWAYS TAKE PROFIT!

WAGMI.

See trading as an art. Look at your chart as an artist and not as a mathematician. No amount of calculations would predict to you what people would do next, keep it simple and that might just be the breakthrough you need.

When you look at chart, see people, see area where people all agreed at that point in time that price is too low or high. See the buying and selling power so as to predict the future price. Keep it simple and simple till hindsight becomes foresight.

The goal is to become a good and consistently profitable trader, and not a chart architect.

geedot:
See trading as an art. Look at your chart as an artist and not as a mathematician. No amount of calculations would predict to you what people would do next, keep it simple and that might just be the breakthrough you need.

When you look at chart, see people, see area where people all agreed at that point in time that price is too low or high. See the buying and selling power so as to predict the future price. Keep it simple and simple till hindsight becomes foresight.

The goal is to be a good and consistently profitable trader, and not a chart architect.

Ilegendd's disciples should pay special attention to this

DoctorShomo:
Ilegendd's disciples should pay special attention to this

Wtf man. That was just my own way of expressing my view and belief of the market behavior after another easy trade as usual.

DoctorShomo:
Ilegendd's disciples should pay special attention to this

Both are legends in their own right.

Give them their flowers, separately.

geedot:
Wtf man. That was just my own way of expressing my view and belief of the market behavior after another easy trade as usual.

Another one, not a crypto pair so the name has been cropped out. The outcome is the same and it happens across all timeframes, buyers push price up until everyone that wanted to be long are already in, price will reverse to look for more buyers, as it starts reversing, some sellers would see this and start selling, then price start dipping low, those that were initially long might start adding to their position, and new buyers that saw the discounted price as good opportunity to buy after initially missing out, and if the selling volume is minute compared to the buying volume, the buyers will consume all their orders and price will continue going up.

So what do I do most time, I just wait and anticipate exhaustion from the dominant side of the market, wait around area where majority are told to wait for price reversals which is the support and resistance, supply and demand area.

I'm constantly checking the volume and what price is doing with it. For example, if volume is reducing on the buy side, price should stop going up. But if price keeps ticking up instead, that's an anomaly that something is not right with all those bullish move.

I won't short there, instead wait at the next close resistance zone, before shorting because that's where massive liquidity would be resting.

geedot:
Another one, not a crypto pair so the name has been cropped out. The outcome is the same and it happens across all timeframes, buyers push price up until everyone that wanted to be long are already in, price will reverse to look for more buyers, as it starts reversing, some sellers would see this and start selling, then price start dipping low, those that were long might start adding to their position, and if the selling volume is minute, the buyers will consume all their orders and price will continue going up.

So what do I do most time, I just wait and anticipate exhaustion from the dominant side of the market, wait around area where majority are told to wait for price reversals which is the support and resistance, supply and demand area.

I'm constantly checking the volume and what price is doing with it. For example, if volume is reducing on the buy side, price should stop going up. But if price keeps ticking up instead, that's an anomaly that something is not right with all those bullish move.

I won't short there, instead wait at the next close resistance zone, before shorting because that's where massive liquidity would be resting.

What time frame are you using ?

Before I was done typing that long epistle, price had already whooshed to the downside but unfortunately missed my take profit before stopping me out for little profit. That's the market logic, and once mastered, you'd feel like a god and won't want to listen to anyone again.

Second image modified: It later played out

armadeo:
What time frame are you using ?

It depends, sometimes 15mins and sometimes 5mins. But it doesn't really matter what timeframe, as they are all governed by the same logic.

geedot:
Before I was done typing that long epistle, price had already whooshed to the downside but unfortunately missed my take profit before stopping me out for little profit. That's the market logic, and once mastered, you'd feel like a god and won't want to listen to anyone again.

👍 😂 😂 😂

Just that market has a way of humbling you at some point and resetting you back to format.

Bitcoin just gave a perfect example of what I explained above. I missed out on this trade.
You can see the selling volume decreasing, but price kept dropping and immediately they got to a fresh support zone, the buyers consumed the remnant sell orders and pushed price up aggressively.

Why was it so, the selling was exhausted and no one is really interested in selling based on the volume activity, buyers are waiting at a swing low to buy like they are taught. What happens next, boom, easy trade.

But what if price is coming with an aggressive selling volume? It will blow through that support like breeze. That's the reason why support and resistance trading is like a 50:50 method because it works sometimes and doesn't work sometimes.

But knowing why it works and fails will help you with the knowledge of which one to engage in and which one to stay out of.

Have a nice weekend traders.

Tflex01:
👍 😂 😂 😂

Just that market has a way of humbling you at some point and resetting you back to format.

If you win 7-9 trades out of 10, one loss trade won't humble you, would it? Add to the fact that you even make more on a winning trade than you do on a losing trade. Would that small loss humble you? Well, if it was me, it wouldn't humble me.

Abeg Eth suppose show say e get small shame as u hv resorted to calling it Old ashewo

SINisSIN:
I like as all these coins no send ETH again. Las las shame go catch am. Old Ashawo

Bitcoin on a down mission, see the buying volume exhaustion on a wider view? They are going for that low and most likely be taken out. I'm short Bitcoin already. Image not loading.

Taystee1:
"I want trading indicators that will show me order block,FVG support and resistance,supply and demand,trendline overbought,oversold, direction of the market and anything you think of that I forgot,that will help me make a better trade."

This question you asked chatgpt, you can easily screenshot the chart on your device and upload the image on chatgpt to help you do that,it will easily tell you where the liquidity, demand,supply, order block and fair value gap is, including entry, take profit and stop loss. Chatgpt will easily do these without stress. AI has made everything looks easy, provided you can give the right prompt,lol...

That's good to know and I appreciate. I only use the image to text version for simpler tasks. I just don't want to be solely dependent on the guy.

So, about the duration, 2 mins for voice and 25 for audio upload.

geedot:
Bitcoin on a down mission, see the buying volume exhaustion on a wider view? They are going for that low and most likely be taken out. I'm short Bitcoin already. Image not loading.

I have placed a short at 103.3k long time ago. I don't know if it has hit and my long position of 89k will be sold if it gets there too. I know it will or at 80% sure it will.

geedot:
Bitcoin on a down mission, see the buying volume exhaustion on a wider view? They are going for that low and most likely be taken out. I'm short Bitcoin already. Image not loading.

You're shorting?

iLegendd:
I have placed a short at 103.3k long time ago. I don't know if it has hit and my long position of 89k will be sold if it gets there too. I know it will or at 80% sure it will.

I don't have that patience like you to trade larger timeframes. I wouldn't stop checking the chart every 1hr to see how the trade is playing out, I just had to accept that fact about myself and move to lower timeframe that best suits my personality.

Valwezzy:
You're shorting?

I trade a very small timeframe, check the 1-5minute chart from that time I made that post and you'd see that micro short move that happened immediately afterwards. I was stopped at break even though as it didn't go down low as I had anticipated.

geedot:
I trade a very small timeframe, check the 1-5minute chart from that time I made that post and you'd see that micro short move that happened immediately afterwards. I was stopped at break even though as it didn't go down low as I had anticipated.

Oh, okay, thanks for the heads-up

Buy solv and thank me later

helinues:
Buy solv and thank me later

🤔

I always talk about having strategies, a main super strategy and being patient and consistent. I even added the market rewards the specialist. So, those that always want me to call a coin, I'm a BTC specialist. My call is 5 green day and knowing the Re-Sel-Bu-Bum year you're in. (Relax year, Sell year, But year, Buy-More year).

I don't chart any other coin except BTC. Every indicator I try, it's only on BTC 1 week TF, 1 day and 1 months. Occasionally, 4 hours, 15 mins and 5 mins. The moment it works on those, it's approved.

Before I started using indicators, I made sure I'm good manually. So, if you're a beginner, try to learn TA the hard way first before you join the easy lane.

One example of easy lane is this free market structure and price action indicator called Mxwll Price Action Suite on Tradingview.

Don't go close to it if you're a beginner. It's too good and will make you lazy. It's Smart Money Concept all done for you. Has FVG, demand and supply, support and resistance, Fibonacci, order block, BOS, ChoCh, etc. It's an all-in-1 plug-and-play suite. To make it even more accurate, you tweak the settings.

It's in my top 10 indicators.

I disobeyed one of my rules today and I'm not happy. I vowed to only short BTC when it does 10% or more in a day (with volume exhaustion), but I sold my 89k buy and shorted at 103.3k, then added more short to make it 103.7k, but sadly, it's still at 6.20%.

This means there "might" be 3.80% more upside before pullback. I hope it doesn't happen, but I've seen the BSide liquidity they're hunting. At least, it's not much anymore.

geedot:
I don't have that patience like you to trade larger timeframes. I wouldn't stop checking the chart every 1hr to see how the trade is playing out, I just had to accept that fact about myself and move to lower timeframe that best suits my personality.

You're right. When I started trading years ago, I did the same and with zero indicators. I won a lot, lost a lot and the experience is what helped me in building patience and focusing on the 4 year cycle and opportunistic trades.

I love watching videos on YouTube and comedy on Tiktok, so I no longer have the time to be on chart regularly. I have a voice alert that tells me the situation of the market and price of every coin that is dumping or pumping and the percentage.

So, with that, I'm actually aware of the situation report without opening my chart.

iLegendd:
I once talked about the percentage I start my short. First one at 130% and 3 daily boxes filled. Second one at 180 and so on until I'm done with 20-50 shorts in different exchanges. I call them the Cascading System. I also use the 5.3 system for calculation and support/resistance.

I just started my first short at 130%. This system is a money making machine. I deploy my soldiers to fight the battle for me. Two to three might die, but the rest will bring immeasurable victory home.

Summary: it's all about understanding the market, human behaviour and manipulation by the manipulators of the market and coming up with a strategy to benefit from their games.

Keep emotions aside and use logic, knowledge and experience.

Nobody has the right to talk down on your contribution to this thread. You have every right to brag.

After tweaking this method of yours, I've become a guru when it comes to trading.

I remember i started longing $Sol from when it cames to 220 with a 10X leverage.

When it cames to 169.43, i got liquidated but unfortunately my buy order didn't take on bybit cos i forgot to put money in my unified trading account.

I quickly took the trade on Onus and bitget and now, I've recovered my looses and now in good profit.

Thank you my leader for your selfless teaching, more blessings to you

harry2sexy:
Nobody has the right to talk down on your contribution to this thread. You have every right to brag.

After tweaking this method of yours, I've become a guru when it comes to trading.

I remember i started longing $Sol from when it cames to 220 with a 10X leverage.

When it cames to 169.43, i got liquidated but unfortunately my buy order didn't take on bybit cos i forgot to put money in my unified trading account.

I quickly took the trade on Onus and bitget and now, I've recovered my looses and now in good profit.

Thank you my leader for your selfless teaching, more blessings to you

The market rewards a specialist.

The people that try to say negative things are traders (those people have ego issue and "who sabi trade pass" mentality and I hate being identified as one of them) and the second people are the newbies who have lost a lot and are looking for who to blame.

Na why I dey fear to give coin, but teach them how to find those coins themselves—which is even better for them, but dem no wan hear. They just want who to blame when things go wrong.

You never see where some newly converted or new believers dey abuse God cuz something bad happened in their family? That is humans for you. Woman go cheat, she go blame her husband for not satisfying her. Man go cheat, he go blame alcohol or the Devil.

People making money are hardly upset.

iLegendd:
You're right. When I started trading years ago, I did the same and with zero indicators. I won a lot, lost a lot and the experience is what helped me in building patience and focusing on the 4 year cycle and opportunistic trades.

I love watching videos on YouTube and comedy on Tiktok, so I no longer have the time to be on chart regularly. I have a voice alert that tells me the situation of the market and price of every coin that is dumping or pumping and the percentage.

So, with that, I'm actually aware of the situation report without opening my chart.

Four year cycle? I couldn't even swing a trade comfortably for 1-2weeks without me checking the chart 24/7.

I called this Bitcoin downward move and then the upward move here about two weeks ago, but I didn't even take it because of the duration it would take. I hate seeing green turn red and green again. That back and forth stuff turns me off.