₦airaland Forum

iLegendd:
Liquidation done and dusted. Entered short at 121.5k. Remember I have been screaming about 121k massive liquidation for 3 days now.

The next target is 127.9k (approximately 130k), but I 90% believe it won't happen till month end.

If you believe the next target is $127k, then why did you enter a short position at $121.5k?

Alexas58:
If btc corrects to 100k, I’ll buy some bitcoins long.
But for now…. I am not longing anything yet


The market is doing its thing, and btc is very bullish

The volume in btc is coming in nicely, and shows that buyers are still willing to buy btc at higher prices.

What a sweet time to be a trader

Trade and Think like a champion

Ah chief, so you're waiting for btc to come back to 100k before you long as a trader? Quite surprising. How about waiting for a retracement then longing? But are you longing other alts?

Seems you're not scared of missing out, FOMO gats nothing on you

dollaflow:
If you believe the next target is $127k, then why did you enter a short position at $121.5k?

I have a system I use and there are different setups and each setup has financial allocation.

121k is a B+ setup short.
127.9k to 130k an A setup short.

We haven't even hit A+ setup.

What I do is, I trade each setup individually because I use multiple accounts to trade and each account has a defined setup to handle. Crypto is a game of probability, not certainty. Yes, you can be certain about some things, but you'll still have to follow it cautiously.

I have C+, C, D+ and even D setup. Those ones are more on the gambling side and those were shorts when BTC was at 108k-112k.

Just make sure your setup favours you even when things go wrong and always have backups to fall back to.

iLegendd:
I have a system I use and there are different setups and each setup has financial allocation.

121k is a B+ setup short.
127.9k to 130k an A setup short.

We haven't even hit A+ setup.

What I do is, I trade each setup individually because I use multiple accounts to trade and each account has a defined setup to handle. Crypto is a game of probability, not certainty. Yes, you can be certain about some things, but you'll still have to follow it cautiously.

I have C+, C, D+ and even D setup. Those ones are more on the gambling side and those were shorts when BTC was at 108k-112k.

Just make sure your setup favours you even when things go wrong and always have backups to fall back to.

well explained

SmallDick99:
After the 1b liquidation, did u switch to bullish or bearish ?

I shorted and those minor pull backs brought in profit, then I hedged to protect the profit because I saw lots of people will be liquidated at 121k.

At 121.5k, I took the profit from the hedge and entered another short. Though the pump's final target is 127-130k. If I notice it's 100% determined to go there, I'll hedge again and short when we get there.

That's the advantage of multiple accounts. It gives peace of mind. Even when you lose, you're confident that your backups will save you or your A+ setup will.

Na man wey get only 1 woman come invest all him emotions there dey get heartbreak. Ned Nwoko can never have heartbreak. If you snooze, he brings in a fresher one and life goes on.

SmallDick99:
Ah chief, so you're waiting for btc to come back to 100k before you long as a trader? Quite surprising. How about waiting for a retracement then longing? But are you longing other alts?

Seems you're not scared of missing out, FOMO gats nothing on you

🤝
I trade everything
While I am waiting for btc
I have positions in forex and stocks


Do what works best for you

Can XRP flip ETH to become the second most valued crypto after BTC?

Nairaland bot, all these constant banning is not fun. Tempted to quit posting cuz it's frustrating.

Maybe this an indirect way of making me quit posting here. I guess you're right.

Alexas58:
Hahahahahahahahah

We learn from mistakes

121k btc
Obula hamantin

Btc is king

closed at -65%. Loss already recovered through $wif long.

SINisSIN:
Pengu
0.012
Now, 0.031

😃😃Crypto en

GRACEGLORY:
Yep, I see it. But won't capture my interest.
Reason: Whales have been accumulating PENGU aggressively, though, driven by events like a Canary Capital ETF filing.
ATL of 0.003, while price is @0.14. And almost everyone is on it, that makes it more volatile as it's now about who's smart and who's not that will benefit.
For me, would have been better if one got in earlier. Doesn't mean it's not profitable, but one's gotta be very very smart

GM boss.
No FOMO, no hard feelings. I don't enter trades I have no interest, nor strategy for. No chasing green candles either. I like to their early at the unset rather than when the whales already had a grand entry.

dollaflow:
If you believe the next target is $127k, then why did you enter a short position at $121.5k?

With this ur question, U know d meaning of testing running?

GRACEGLORY:
Depending on your risk appetite, between the $118K,and $120K take out your 25%. That would serve as insurance incase the market makers decides to break the spine of the longs.

There might be an incoming correction. Even though, I look forward to more positive data. And it's the crypto week in USA

Truly, truly, manipulation is what makes this crypto trading sweet ajeh. Those that came late to this beautiful thread will not understand. You'll hav to comb through over 4,500 pages of scattered data to learn the intricacies of trading.

To my mentor, illegend, thank you for all you've done for me. With the different setup lectures, i am now more confident taking my trades. I even embrace looses cos i now see them as sacrifices for the greater good.

Thank you so much, looking forward to meeting you someday

GRACEGLORY:
There might be an incoming correction. Even though, I look forward to more positive data. And it's the crypto week in USA

starts today I believe,after morning pump.

Yes bro. Same idea here. There are always opportunities in the market. I didn't enter either based on your comment here. Normally, if you notice, I always ask for your opinion on any coin that captures my interest.

GRACEGLORY:
GM boss.
No FOMO, no hard feelings. I don't enter trades I have no interest, nor strategy for. No chasing green candles either. I like to their early at the unset rather than when the whales already had a grand entry.

Demo no fit run this one o

Baba, in a situation where the percentage you look forward to doesn't move straight up, how do you calculate the 7-10% you needed?

iLegenddd:
Nairaland bot, all these constant banning is not fun. Tempted to quit posting cuz it's frustrating.

Maybe this an indirect way of making me quit posting here. I guess you're right.

santos123:
closed at -65%. Loss already recovered through $wif long.

You keep learning

Anticipating for dat large to candle

Robnectar:
Anticipating for dat large to candle

E don show na, price suppose drop today, if not the chart will be unhealthy

SINisSIN:
Baba, in a situation where the percentage you look forward to doesn't move straight up, how do you calculate the 7-10% you needed?

I don't calculate BTC percentage. It'll be shown on your Binance app.

If BTC pumps to 6.7% in a day and refused to hit 7% or 10% and the next 24 hours, the percentage refreshes to 1% or lower while price is still almost the same, then that 6.7% yesterday is a failed move. You have to start afresh the next day from whatever percentage you have left.

Or are you referring to USDT dominance percentage? If yes, this his how I calculate it.

I check the USDT current percentage let's say 4.65% and check the corresponding BTC price, let's say 111k.

Now, I ask GPT this question: If 4.65% is 111k, what will 4.55% be? Note: lower % makes price go up.

When things deviate, I ask the right questions and get the right answer.

When I noticed USDT dominance is heading to 4.20%, I asked GPT the equivalent in BTC and it gave me 122.893k, so I was aware ahead of time that we'll get 122.893k. Sadly, BTC added extra $400 to hit 123.3k.

This is one of my numerous ways I know where the price will hit. USDT dominance is the boss.

🙌🙌🙌

iLegendd:
I don't calculate BTC percentage. It'll be shown on your Binance app.

If BTC pumps to 6.7% in a day and refused to hit 7% or 10% and the next 24 hours, the percentage refreshes to 1% or lower while price is still almost the same, then that 6.7% yesterday is a failed move. You have to start afresh the next day from whatever percentage you have left.

Or are you referring to USDT dominance percentage? If yes, this his how I calculate it.

I check the USDT current percentage let's say 4.65% and check the corresponding BTC price, let's say 111k.

Now, I ask GPT this question: If 4.65% is 111k, what will 4.55% be? Note: lower % makes price go up.

When things deviate, I ask the right questions and get the right answer.

There are trades you should take with the weekly tf, daily time fram and 4hr time frame.


Weekly tf gets the most attention with smaller leverages and bigger capital

I just looked up and all the screenshots are mine. Truly the CEO of Only...Fan.

If you want me to post without screenshots, click share. If you don't mind the screenshots, click like.

santos123:
starts today I believe,after morning pump.

No lie, sir. Because, the exchanges may want to manipulate, and kill some longs. Then, three major bills are being discussed: CLARITY Act, GENIUS Act, Anti-CBDC Surveillance State Act. Coupled with with upcoming monthly data reports.

BTC $119-117K, could kick in.

Almost!

When we hit the 🟣 dot, BTC will be at 127.9k-130k. The dump that'll follow will be loud, but won't happen immediately — it might hold and consolidate till August or Sept, then dumps hard.


When we hit the 🟣, the dump will dump will hit that white ⚪ dot above. Guess what the price of BTC will be?

iLegendd:
I just looked up and all the screenshots are mine. Truly the CEO of Only...Fan.

If you want me to post without screenshots, click share. If you don't mind the screenshots, click like.

Baba o!

CEO of Adult contents 😂😂😂

GRACEGLORY:
Baba o!

CEO of Adult contents 😂😂😂

😂 ...and I twerk, so they said. 😂 😂 People on social media know a lot about me that I don't even know about myself. Damn!!!

Is this the dump that you are expecting investors to start rotating their fund from BTC to ETH? If yes, then we should expect alts season to kick on in September ending.

iLegendd:
Almost!

When we hit the 🟣 dot, BTC will be at 127.9k-130k. The dump that'll follow will be loud, but won't happen immediately — it might hold and consolidate till August or Sept, then dumps hard.


When we hit the 🟣, the dump will dump will hit that white ⚪ dot above. Guess what the price of BTC will be?

iLegendd:
Almost!

When we hit the 🟣 dot, BTC will be at 127.9k-130k. The dump that'll follow will be loud, but won't happen immediately — it might hold and consolidate till August or Sept, then dumps hard.


When we hit the 🟣, the dump will dump will hit that white ⚪ dot above. Guess what the price of BTC will be?

Add extra 15k.