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BTC-ETH-XRP

Bitcoin - merriment turns professional I have recently written a few posts on Bitcoin. As an early adopter, I have been tracking the tech since early 2011, my work outside of trading is in technology (including Blockchain) So with a tech hat on - the last couple of weeks have shown a transition in the technology domain, more acceptance and more blockchain based projects. Almost like the rise in 2017. However, with a pure trading hat on - It's now clear to see the transition from full out speculation, your friends talking Bitcoin in the pub, your family asking for advice on crypto, people you haven't had communication with for 20 years, reaching out to say they bought some. The "Bitcoin Instrument" is in the transition. Institutional money has started to treat the coin & not the sector (yet) as any other investment tool. You can clearly see from the COT data, the patterns in the move and the respect of key value areas. The move from every man and his dog, owning major positions, 10,000 Pizza's - to now a tool for the big boys. Which means although we will of course have major impulsive moves. They are more likely to be controlled. On the 28th of Feb, I drew out the next key value area. (also see older posts on the topic) As of this morning, we can clearly see the respect of the level holding. This combined with current COT "short/Long" positions will highlight even more the transition. Comments on BITCOIN or/and Crypto in general...??? Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
COINBASE:BTCUSDLong
by Mayfair_Ventures
20
RIOT is recklessRIOT reacting to crypto and spiking good pre market for a gap play. I entered options right at open with confirmation from my buy signal and am just playing the breaks through each resistence. Can this retest its highs?! Set your stops and enjoy the day your work is done if you entered, let it run! If you like this idea or my other ideas please feel free to let me know in the comments. Like/share. Great dip buy opportunity confirmed with todays price action so far. Play it safe!
NASDAQ:RIOTLong
by Verum0
4
There will be very very intersting update after HIT 53K! SOON ..Hello friends, If we will Hit to 53K with the expecting breakout ---> know that there will be a very interesting update depending on MARKET AND TA, and maybe is this the second time that it will happend on market on this BTC cycle. we will follow the trend - if we we will hit the expeting trend 53K soon, i will update that update directly. Bitcoin go on them way, as we long trade above 50K , there should be a no problem for down trend. --> Breakout still expecting any time. What are the expecting of market? As long we dont breakdown the 50K with confirmation line, there is no downtrend. Strong effect on 50K. --> possible breakout. know that more than 80% of our BTC Updates are right / this depending on TA and market follow. Discipline are the key to success - Take profit - Learn from your mistakes and never give up! The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally. if this appeals to you then learn yourself first before starting with trading. #Always do your own research don't follow us or someone else blindly
Long
by watchtrend
4
TOP10 Altcoin Buying Areas! Let's Do It Again!Hi, Comment on TWO of your favorite altcoin, hit the LIKE button and you will get your favorite coins into the list! Top10 mentioned altcoins get analyzed, pointing out breakout areas and if they get a correction then pointing out strong buying areas from lower prices! Previous ideas: TOP 10 Current profits after 8th of Jan. recommendations: ETH: +85% ADA: +275% XRP: +100% LINK: +140% XLM: +125% LTC: +60% TRX: +50% ALGO: Really close, atm around 280% BUT didn't reach EOS: +30% DOT: +377% TOP 11-20 Stay healthy, Vaido
COINBASE:BTCUSD
by VaidoVeek
156
The (COT) - COMMITMENT OF TRADERS Mystery RevealedThis is NOT an in-depth explanation or a way to trade, this is just highlighting some basics from a question I get a lot, you might see some traders talking about COT data. You may even see it in some posts. There's no magic to it, all you need to know is what exactly it is. Of course, if you can use it within your edge to understand some bias by the bigger operators. What is COT Data? The Commodity Futures Trading Commission (Commission or CFTC) publishes the Commitments of Traders (COT) reports to help the public understand market dynamics. Specifically, the COT reports provide a breakdown of each Tuesday’s open interest for futures and options on futures markets in which 20 or more traders hold positions equal to or above the reporting levels established by the CFTC. The COT reports are based on position data supplied by reporting firms (FCMs, clearing members, foreign brokers and exchanges). While the position data is supplied by reporting firms, the actual trader category or classification is based on the predominant business purpose self-reported by traders on the CFTC Form 401 and is subject to review by CFTC staff for reasonableness.2 CFTC staff does not know specific reasons for traders’ positions and hence this information does not factor in determining trader classifications. In practice, this means, for example, that the position data for a trader classified in the “producer/merchant/processor/user” category for a particular commodity will include all of its positions in that commodity, regardless of whether the position is for hedging or speculation. Note that traders are able to report business purpose by commodity and, therefore, can have different classifications in the COT reports for different commodities. For one of the reports, Traders in Financial Futures, traders are classified in the same category for all commodities. You can read more info and get the actual data from the CFTC site itself. www.cftc.gov Methodology The weekly report details trader positions in most of the futures contract markets in the United States. Data for the report is required by the CFTC from traders in markets that have 20 or more traders holding positions large enough to meet the reporting level established by the CFTC for each of those markets.1 These data are gathered from schedules electronically submitted each week to the CFTC by market participants listing their position in any market for which they meet the reporting criteria. The report provides a breakdown of aggregate positions held by three different types of traders: “commercial traders,” “non-commercial traders” and “nonreportable.” “Commercial traders” are sometimes called “hedgers”, “non-commercial traders” are sometimes known as “large speculators,” and the “nonreportable” group is sometimes called “small speculators.” As one would expect, the largest positions are held by commercial traders that actually provide a commodity or instrument to the market or have bought a contract to take delivery of it. Thus, as a general rule, more than half the open interest in most of these markets is held by commercial traders. There is also participation in these markets by speculators that are not able to deliver on the contract or that have no need for the underlying commodity or instrument. They are buying or selling only to speculate that they will exit their position at a profit, and plan to close their long or short position before the contract becomes due. In most of these markets the majority of the open interest in these "speculator" positions are held by traders whose positions are large enough to meet reporting requirements. *** Reference from Wikipedia*** When combining with other analysis - you can use it to obtain bias or simple confluence with your existing ideas. For example, here's the chart plotted on a weekly timeframe using Elliott wave theory - Plotted usign another piece of software called "Advanced Get" If you combine this with the data from the CFTC website - you will see that the professional operators have been reducing long positions and gaining albeit staggered short positions on the move down. This showing the overall trend move - If you drill down further and look at the difference in short positions between the 19th of Jan and the following week (26th) on a daily chart you will see a rally. (go check it for yourself) A useful tool As I said at the start of the post, it's not the master strategy. It's simply another tool - I just wanted to share some info with the community on what it is and how it can be used. If used correctly - it can prove useful. Have a great week, feel free to pop questions below. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Education
by Mayfair_Ventures
9
BTC on track for 47.4k w/overperformance expected.The nested MM setups are trading nicely, adding some probability for the larger MM to reach the target. Also considering the very clean price behavior confluence of the Correction Channel, we could be seeing overperformance of the Profit Target. Only time will tell...in the meantime, possible entries to enter the trend are as follows. Nested MM Entry 1 - 36950 Nested MM Entry 2 - 35555 Stop Loss for Nested MM - 34760 Target 1 - 43060 Target 2 - 47440 Target 3 - Trailing Stop Even if the Nested setups fail, our long term directional bias remains bullish above 26150 which is confluent with the longer term BLX analysis I did on my very first post. () Happy Trading! Remember to manage your risk!
Long
by SmileyTrades
Atom ETHSo there are many pairs you can trade in the cypto markets. BTC/ ETH/ USDT/ ETC..... This one in particular is Atom/ETH Eth seems to be pulling back, and if you look at some ETH alt pairs they are holding well and or bouncing. This means money from BTC and ETH might start flowing into midcaps, then into smaller caps. ATOM ETH is one i have been keeping my eyes on. Currently on the 4 hrs looks to be forming an IHS. If i am not mistaken it is already above the resistance line and if it holds support here for a while or breaks out, then i think the chart will speak for itself.
Long
by Oroboros-
1
trxusdtBINANCE:TRXUSDT Hello good friends, I hope you are smiling and happy wherever you are. Well, I'm Mustafa (Mr.MB) and I'm here to give you another analysis of Tron currency. Well friends are the red and green areas of the prz, and the blue area is the resistance area in the weekly timeframe. Well, if he can break and stabilize the top of the lower canal above the main line, he can go to the middle line of the upper canal. And if it stabilizes above the price of $ 0.033, it means that we can see the beginning of a rally or an upward price trend Friends, if the price stabilizes and the area I mentioned, and I hope you are full of profit.
by Mr99MB
1