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Altcoins

Nuls (and most altcoins) stuck in downward trend vs. BTC.Using Nuls as an example: since I was considering if I should buy some now, due to my personal interest in its fundamentals. However its chart, like with most other altcoins, look horrible at the moment. Here, the chart shows NULs finding support on top of the thick-green LVDT line on the 3hr chart (note, for BTC, the 3hr, as well as 4hr, and especially the 1D chart works better). However, LVDT guide bands are in an overall downward trend vs. BTC. I will wait till the overall LVDT bands to plateau before I am confident of investing into altcoins again. My indicators used: LIVIDITIUM + 2STDEV-AEONDRIFT {EMA} LVDT guide-bands + 2 level Standard Deviation bands + with a set of detection algorithms implemented. FUSIONGAPS {EMA} ( color fills removed here) Net market Bullish/Bearish state oscillator, with DFG and D2FG indicators implemented. also check out the following accompanying oscillators. DIFFERENTIAL FUSIONGAPS {DFG} = Momentum oscillator DOUBLE-DIFFERENTIAL FUSIONGAPS {D2FG} = Accelerator oscillator Also the FUSIONGAPS{EMA} 50/15-Series = that shows the FG, DFG, and D2FG lines for 50/15 {EMA} {SMA} version also available.
Education
by cybernetwork
OmiseGo Full Chart Analysis + AlanMasters TOP Signals DetailedOmiseGo (OMG) Overview OmiseGO (OMG) is a public Ethereum-based financial technology for use in mainstream digital wallets. OmiseGo enables real-time, peer-to-peer value exchange and payment services agnostically across jurisdictions and organizational silos, and across both fiat money and decentralized currencies. Designed to enable financial inclusion and disrupt existing institutions, access will be made available to everyone via the OmiseGO network and digital wallet framework.Omise, which serves business customers in Japan, Thailand and Indonesia, currently operates an ecommerce platform that lets companies take payments from customers online. It has a full-featured white label payment management platform for these businesses. With OmiseGO, and the OMG token, Omise aims to simplify the barriers to payments by removing the need to own a bank account. OmiseGo (OMGBTC) Chart Analysis Here we are looking at the chart for OmiseGo (OMGBTC) on Binance. We are going to be looking at it from late 2018 until today and focus on the main signals that I look for to find out bottomed out altcoins, or in a potential reversal zone. It is all pretty simple and easy, and we use the same signals almost always as they work pretty well in general, but we also know about chart patterns, candlestick reading, price action, and so much more... Bullish divergence on the MACD (purple arrow). Notice the price of OMGBTC going lower. Now look at the MACD (the first indicator below the chart) and notice the price moving up... That's it, bullish divergence. MACD Bullish crossover (green circle). On the same indicator, the MACD, notice how the MACD (blue line) crosses up the Signal (orange line), I call this bullish crossover... Most likely it has another name in the books but this one easily gets the message across. RSI hit oversold and is trending up. The last indicator at the bottom is the RSI. When it goes below 25 we call this "oversold". This is a buy signal on its own. Low volume. Volume is still low, this is a bearish signal. You want to see above-average volume when you see a bounce of this type... But this can also mean that volume will come up later and that there is still lots of room left for growth. Break above EMA10. We use EMA10 (green line) as the main resistance/support (depending on where it is sitting compared to the price action). Below EMA10 = Bearish. Above EMA10 = Bullish. These are some of the basics, you will see these over and over and over. I came up with these by looking at the charts for hours and seeing how the candles and indicators behave, then practiced to see if I made the right conclusions... I made it all up. In another trade idea, we can take a look at candlestick reading which we also use commonly. Feel free to leave a comment, follow or like if you enjoyed this content. Namaste.
OEducation
by AlanSantana
13
Educational video about shitcoin trading on many topicsIn this video I go through: How to choose your exchange you buy a coin (differences between exchanges) How to set your sell orders depending on the exchange you are on Optimal exits (orderbooks + TA) How to avoid your target not getting hit How to learn faster How to keep yourself in check when trading Opportunity cost When to get out and buy another coin Why it isn't worth buying a coin that is up 200% right now And more! All with examples of my mistakes (for which I will provide proof on twitter) explaining what went wrong.
Education
by BitcoinMacro
Bitcoin To The Moon Pt.6 (The End?!) - Altcoins Market UpdateBitcoin has been doing really good lately, it is moving up strong and into the positive. My indicators are all over the place, but there is something more interesting to look at than indicators... Trend lines... Yes, we are now above a major trend line, we broke through it like it was butter and Bitcoin is giving out signals of additional bullish action in the coming days and weeks ahead... Don't get it twisted, this is just the beginning of a trend change! The altcoins market keeps on doing good, and Bitcoin turning bullish confirms each and everyone of the signals that we have been talking about since late June. We rightfully spotted the bottom and now we reap the rewards. Altcoins Market Update When the alts where going down, we focus on rebuy and reload. Now that many are moving up strong, hitting our targets and generating profits... It is time to sell. Buy low to sell high... BACK TO BASICS. I will be posting a full update on Bitcoin soon, but I wanted to say hi before that. Hi amazing human being, how are you doing today? I am hoping and wishing that live gives you everything that you desire and for your days to always become better, for you to be everything that you want and attract infinite wealth and success. Thanks a lot for reading... Come back and read my update... Maybe tomorrow... maybe today! NAMASTE!
BITFINEX:BTCUSDEducation
by AlanSantana
241
Bitcoin To The Moon Pt.3 (Altcoins * BULLS * Drive To The Moon)Bitcoin just broke another resistance, the $6400 price level, and is moving up as expected. The Altcoins were crying for quite a while, bleeding and bleeding after the bears fed themselves on them for a long time, but now, they alts aren't crying anymore. The signals and indicators that I am looking at are telling me that Bitcoin will continue on this path. I see slow but steady growth happening in the coming days, with a few strong burst up with more relaxation (I mean retrace), while the Altcoins market takes most of the attention and go on a bull run for us to get paid. We have been expecting a bull run for the Altcoins right about this time, June/July, and July it is now and we are seeing coin after coin go for 50%+ increase in price in a very short time frame. This is a very strong signal that the time has come. That the action is already here. We had a nice close yesterday (1st July) on the daily time for Bitcoin, with more signals developing and showing that another push up might come in the next 3-5 days. Ok Bitcoin, take your time, we are happy to wait. Anyways, I will be posting our Bitcoin updates here. We are going bullish short term, we are bullish long term... We need only be careful with the medium term... I will be keeping you updated, if you like you can come and read me everyday, about Bitcoin's movement so that we can know what the Altcoins will do next. As I've mentioned before, I am highly interested in the altcoins because of their huge growth potential. See how the top coins at the famous altcoins exchanges are exploding in just a few days. 20%, 30%, 50%... That's a lot. That is really nice... It is actually great. I write/share what I get from the charts. Basically I translate what the charts are saying. There are many different factors that can affect the cryptocurrency markets, but please know than when you read my analysis, it is purely based on the charts indicators, candles and signals unless I specify otherwise. So you can use this information to your advantage. Not to make decisions based on the info that I share but more as a tool that can increase your understanding of where we are right now in this game. So please read my trade ideas everyday, read the other great analysts we have here and use that information to make your decision on what, when and how much to trade. Basically you can see my article as a point in favor or against, and based on the whole market picture, my side, his side, your side and everything else... You will end up with a good idea of why Bitcoin will go to the moon next. Note: I learned that some people are not happy with the word "moon". I love the moon, but that has nothing to do with Bitcoin. When I say moon I simply mean "up". Just as Bitcoin bounced from a price of $5800, after going down, it will also bounce in the future after going up. So it can reach $8,000 and go down, as it can be $10,000 and then retrace. When I say "moon" I don't mean a new all time high, simply, that we are going to make money... That our profits are on their way... I LOVE YOU TODAY AGAIN. Namaste.
BITFINEX:BTCUSDEducation
by AlanSantana
46
Study: Why you should stop trading BTCUSDHello all and welcome to my analysis of trading patterns in crypto markets! Before we begin, there are several key assumptions we must establish: The reference data is based on trading prices and volumes on Bitfinex. This is because I believe that Bitfinex is the leading exchange in the cryptocurrency market due to its popularity, despite higher recent BTCUSD volumes on Binance. Only USD-based pairs are examined The index is a dollar-volume weighted aggregate of margin-tradeable alt coins on Bitfinex, excluding BTCUSD The correlation and beta calculations are on a 14-period basis, which are benchmarked against BTCUSD Given limitations with the data, the index is examined only on a range from October. An second index, consisting of only ETHUSD and LTCUSD will be provided to show the longer timespan In this snapshot, I have split the frame into three timeframes (A, B, C), which highlight a changing market dynamic over time. Timespan A captures the peak of bitcoin's 2017 hype. The lowest correlation point is -0.65 which was accompanied by a beta of -1.65, while the highest correlation was 0.80 with an index beta of 3.44. During this span, a relatively volatile correlation (refer to the standard deviation of correlation oscillator) between the altcoin index and BTCUSD can be examined, with similar volatility patterns in the beta. The interesting component here is that, during the price rise, alts would follow BTCUSD when BTCUSD was rising, but experience inflows of money from BTCUSD when the latter was falling. As such, the market mentality was bullish - the money would flow from BTCUSD to alts and then back around. By examining the index beta over this period, you can see how alts outperformed BTCUSD when times were good and when times were bad. Timespan B begins to paint a different picture, where the volatility in correlation and beta measurements is far less drastic. Over this span, the lowest correlation was 0.28, showing that directional movement between the index of altcoins and BTCUSD remained positive, even when weak. It is important to note the longer duration of high correlations during this period, which were accompanied by similar movements in beta. Timespan C is where we currently are and, in my opinion, this is a very interesting setting in the market. As the chart shows, the lowest correlation was 0.50, while beta almost consistently remained above 1. The standard deviation of correlation had been only trending downwards from Timespan A , which is reflected in the relatively consistent correlation measurements over the period. The conclusion to be made is that altcoins, in aggregate, have become strongly correlated to BTCUSD, while a beta above 1 indicates higher performance in alts than BTCUSD. TL;DR: chart BTCUSD and trade altcoins based on BTCUSD momentum. As the statistics show, the market mentality has shifted away from moving money from one crypto to another, but rather buying/selling alts and BTCUSD simultaneously. Furthermore, we can examine a longer timeframe in the chart below: In this chart, the correlation and beta, as well as the standard deviation of correlation, are based on a dollar weighted aggregate of ETHUSD and LTCUSD, which were the longest standing altcoins on Bitfinex. The narrative described above remains the same, where the correlations have become far stronger in recent times compared to their historical trends, while the beta has become stronger over time, gaining more ground above a measure of 1 during the high correlation periods. The final point is an examination of dollar volume in BTCUSD compared against altcoin dollar volume: As can be seen from the chart, the dollar volume in BTCUSD has been losing ground to the dollar volume in USD-based alt pairs (on Bitfinex)
BITFINEX:BTCUSDEducation
by checkm8
13
My understanding of the market cyclesThe idea is purely for educational purposes and SHOULD NOT be considered as trading advice. Based on my understanding of the market cycles I have tried to summarize how the money flows into the crypto market using Bitcoin USD and Large Cap Index/ BTC price as reference. The large cap index consists of XRP, ETH, LTC, ETC, NEM, XMR - basically large caps which are consistently in the top 15 since 2016 and covers more than 50% of the altcoin market. There are several reasons why newer alts(like BCH, Cardano, Neo) are not considered for the analysis, lack for sufficient historical data being the primary reason. Moreover, I have seen the market to move in tandem i.e. all altcoins go up and down togeather so the index is sufficient to study the market cycles. I hope you like the idea. Please share and follow incase you find it useful. I am also curious about why
Education
by saurabhbansal123
4
Strategy for ALTCOINS VS BTC (Beginners) - How To Split Your BTCOne of the many issues beginners face when trading ALTCOINS, is how to split their money. Where to invest? How much to invest? How long to wait?, etc. It happens that in this market, the cryptocurrency market, opportunities are endless, and we are bathed with a wave of new opportunities all the time, everyday, but this can turn into a problem rather than a solution. A disadvantage rather than an advantage. Why is that? Well, if we don't have a plan we tend to make mistakes, because of lack of experience. We might join a trade and buy an altcoin, we feel all pumped up and hyped up, and feeling good and positive. The next minute another opportunity comes, and this one seems bigger and better, and somehow you don't want to wait, you move to the new one, on and on. Leaving loses behind each time you jump from coin to coin, and worst yet, the action seems to start, almost always, as soon as you go. So how do we deal with this problem? How can we plan to take advantage of all the opportunities, without worries and end up in success? That's the question that I am here to answer for you. THE 10% PLAN Let's say you have 1 BTC (Or 0.10 BTC), or any amount for that matter, and a awesome, charismatic, helpful and optimistic trader, like myself (:P), posts a new idea and you want to join. How much of your capital will you put in? Will you put in 100% Of your capital? NO. "Well this is a huge trade", "This guy knows his stuff", "I will take the chance to recoup my losses", etc. Remember that we do not, and cannot, predict the market. We look at signals which points to a certain direction, but the market can choose to do whatever it wants. That's why we set targets and also stop loss. So instead of putting all your money in one place, divide all your trades in increments of 10. You have 1 BTC, then you have the chance to open 10 trades. You don't have to join them all at once. You are not losing anything if your money is resting fine. This new trade I just posted, you can put in 10%. Set it and forget and you will do well. The next trade, go ahead, another 10%. Now you are feeling good, because you have a plan and you feel strong. And even if the trade goes wrong, you have 80% of your capital safe, and in the worst case scenario, you will see a 10% loss. On the other hand, if the trade goes as planned, and you get to earn, you can be looking at a maybe a 100, or even 200 percent. Follow this strategy wherever you go. And trust, that in time, you will see your money grow. NAMASTE.
COINBASE:BTCUSDEducation
by AlanSantana
48
Anatomy of BTC-ALTS Relationship: Makings of a MEGA Bull CycleLong gone are the days where it's a simple "BTC UP, ALTS DOWN" and vice versa. In fact, I would say that it now resembles more of a general "BTC UP, ALTS UP" and vice versa, though it's not as simple as that, with many small waves within waves, each with its own unique characteristics. However, in the grand scheme of things, you can probably tell that both go up in tandem in the largest trend. Also, there is some pattern we can glean from this, but you really need to delve deeper into the price action comparison between BTC & ALTs since beginning of 2017 to get a clearer picture of the characteristics of the "waves within waves".
BITSTAMP:BTCUSDEducation
by onemanatatime
1
Twitter Sentiment ScriptGBPUSD |-0.208333333|Negative i.imgur.com Buy on the bounce ??? Little python script i would like to share to the TV community i made it works out twitter sentiment for most things, crypto currency's or forex. ie: Today GBPUSD = Negative, and we can see the charts agree. Todays Forex Sentiment <--- Crypto Currency Sentiment Example # Shows forex currency + how many times its been mentioned on twitter within 24hrs + trade symbol + # percentage of change in mentions + sentiment from twitter by breaking each sentence the symbol has been # mentioned in into individual words then rating the words using a lexicon of words and feelings a score # has been assigned from -1 to 1, then based on the score a rating of POSITIVE or NEGATIVE is given # using a threshold. Results are saved in a txt file and printed to terminal Crypto Version: github.com Forex Version: github.com
Education
by console
4