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Crytpocurrency

BTC 1hr almost to my buy zone. then I'll average in. Even if it all fails i think we will get a nice final rally. I only think it will fail because old systems will attack it. They have to prove its vulnerability. Though i feel like if the currency value dropped to a ridiculously low value they would not refund me the loss. Im not getting a check for my losses to corporate greed during a time of war. So on the note of belief, that humans are just not trustworthy. I like blockchain. I like that it has become so much in just a decade. I also like making money on it in the short term. This is the same as an art lover, or a car lover or anything we value. We invest. I remember my early gallery days when prints would sell out of an artist signed and number lithograph. people would buy 10 at around 200 to 300 a piece then hold them for a couple of years and then sell them for excellent profit on the secondary market. There was no value there. They were copies of an original. Art has been a similar market for centuries. Miami Has an art vault that stores valuable paintings in certification for a loan against value. This is "Air" Elizabeth Warren, being turned into cash. Like bottled tap water. Is the art even there. It is sad to see leaders like Warren sound so - either unknowing or knowing and corrupted - wrong. Saying things like bitcoin is nothing without a single reference to , "yeah maybe it's ok for third world countries whose corrupt governments would seize their money or just cancel it an issue a new currency to wipe out wealth. Because that is all very real and very public news for a very long time. I do not see the government saying all art should be government backed due the the decades of money laundering and price fixing. Any hoo. Waiting for buy-zone, I don't like to buy to early. so I set the parameters and wait. then I can buy more at a lower price. What? what if shoots straight up, ok, I have long term holdings. And I just do some more charting and find the next trough.
BITSTAMP:BTCUSD
by mindfree
1
Entries do not matter (Course #3)Entries do not matter (Course #3) One thing that I have read many times but never believed is, entries do not matter. After trading a whole lot of different strategies in a repeatable fashion (algo trading), I found that indeed, entries don’t matter. Of course, if you get in at a bottom for a long or at the top for a short, it feels nice and the entry is absolutely great, because you get the maximum possible outcome in you think about the market played out. This being said, over time, what will make you successful is really a factor of when you exit AND your system overall (covered course #5). You should not look at the market and hope to get in here and exit there, because the market is not consistent. The market has no rules and no discipline. Instead, you should look at your system and hope to get out when it’s the right time. It is the same in life, look at what you can control - here this is your system, since you can't control the market. READ THIS AGAIN. In other words, let’s say I always enter at the wrong time, but the price always goes in my direction for at least 0.25% before going the other way. If I can exit on that 0.25%, I will make money! If my – consistent, disciplined - trading system can get out at 0.25% all the time, it doesn't matter I had a bad entry, because first of all I am not losing money and second, I am making some. So yes, entries don’t really matter, but exits do. Look at Crypto Face of Market Cipher. Very often he enters before a pump, because he is good and because his indicator is good as well. You can call this a “good entry”. But sometimes, he does enter and the trades goes against him. Many times I noticed he would not close his trade, and just wait overnight for it to come back. Let’s say the price does come back, and now goes into profit – he exits. What mattered? His exit. If he had exited when the trade was against him, he would have lost money. In his book “Trade your way to financial freedom”, Van Tharp talks about it and he explains how a random entry system can beat any other system with a specific entry technique. Whether you are trading algos or manually, you have to understand that it doesn’t matter when you enter. What matters is your system and when you exit. My #1 profitable algo is designed to never get in at a bottom or a top, for respectively a long or a short trade. Yet, this algo strategy is profitable.
Education
by Maddrix_club
BTCUSD 4 Hour chart - Wanting that base to dropI cant imagine a better time for the crypto market to drop. This is where you reinsert your profits. There are plenty of stories to ascribe the drop to and if BTC hits 26k we will all get the opportunity to watch it soar. In my predictive thought. Everything can fail. We can loose it all any second. including life. So i'm not predicting a path of failure but i am always looking for the signs. News, research, and different groups are all ways to monitor the pulse. For me, for my main method, if i see the geometry before the reason i have to look for other reasons. But my main belief is based on the growing adoption and need for decentralization. If you put the whole story together. Bitcoin was created to facilitate a reverse wealth transfer. from the 1 percent back to the world. All you have to do is take part.
BITSTAMP:BTCUSD
by mindfree
15
OXT to the 50 cent range and beyond?With BTC showing real promise for another run to all time highs, you can expect alts to follow king BTC. OXT is no exception and while messy of a chart (Hey as long as i understand it right?) we can see OXT reaching the .50s once again. I also can see the possibility of it breaking the resistance trend it has been respecting for many months. Crypto rewards the bold and patient, if you are hanging tight, you could be making some serious money on this one -- in my humble opinion.
COINBASE:OXTUSDLong
by DanielRiera
LRC $3-4 if market stays favorable This would be a beautiful way to finish off the 5th wave for LRC. the macro 3rd wave hit a 4.32 extension. A lot going on in this chart. smaller yellow impulse is all that matter right now. wave 1 and 3 are in creating a 4th wave as I write this. Interestingly enough the 3rd wave didn't hit a 1.618 extension so lines up that we could have an extended 5th wave here. Brining in some nice 50%+ gains. Price target short term for yellow 5th wave is 1.57.
Long
by A-GermanUFO
4
Audio starting a new trend?Audio has come into a weekly demand zone and the 1D extreme demand zone of the previous leg and started a nice move to the upside with a nice strong bullish candle after breaking out of a downward channel. 3D RSI looks reset above the MA after being oversold. MACD on weekly also converging showing signs of strength to the upside with bullish divergences. In the range low between the high and low of the correction wave on weekly, seems like sensible place to buy
Long
by marshyyy
ZEC is in a wedge, but should break through the top resistanceIf you look at what PirateChain is doing after the sanctions were placed on Russia, you will see privacy crypto is in high demand. As the war drags on and the sanctions continue to strangle the Russian Oligarchs they will continue to use Privacy CryptoCoins to move money. ZEC has already had good upward movement after the sanctions were put in place. Even if they move toward the top resistance line that is a good return, but I believe it will break through that resistance if the sanctions are still in place. Just watch the news and get out if it looks like sanctions are going to be lifted. Yes I know this isn't the way to play the wedge, but with real world events I believe this is the time to get in and maximize profits.
by schlista