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DOGE USD It's Noobelisious !The Content is not intended to be a substitute for professional trading or medical advice , diagnosis, or treatment. Always seek the advice of your broker, physician or other qualified advice provider with any questions you may have regarding any condition or feeling you may have. This product is not intended to diagnose, treat, cure, or prevent any symptons that may or may not have been caused by fud or fomo. Be aware that consuming hopium is solely at your own risk and that moderation is strongly adviced if you choose to do so.
BITFINEX:DOGEUSD
by Rekt4Sure
7
Lord of the CoinsThis one is more an ask - what is your take on BTC? Scared of the drop? embracing it? or looking forward to "precious" returning to it's former glory? Comment your thoughts on it below; Where is it going? up down, down a little before up? Let's see what the community sentiment is?! 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:BTCUSD
by Mayfair_Ventures
43
You little DevilI posted a quick update stream this morning for ETH & XRP. Yesterday we covered BTC in a bit more depth. Here's the link to the stream www.tradingview.com Ok so breaking down the basics, we had an Elliott count making this move a major 3 and having a deep correction. If you watch the stream - you will see the XRP and ETH correlation to each other and to BTC. There is an area of concern for me, that would suggest either an ugly move up or we are still in the phase 3-4. Take a look at this stochastic on the weekly timeframe - there is room for a drop to continue, even if it's not deeper. It's not impulsive to the upside yet either. In the Total chart there are also some regions and levels of interest for me. Take a look at this one; Given the correlation and lag on BTC - it is no surprise that most retail traders would have had this feeling over the last 7 days. The dominance on the other.D is another interesting view. We were navigating the move down using a combination of Elliott and Wyckoff and this move played out near enough textbook. Here's a post on the wyckoff basics features recently here on TradingView; 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.
BITSTAMP:ETHUSD
by Mayfair_Ventures
15
BTC watchingSpent a bit of time during the drop, playing on the charts. Nothing new to see, as expected, as per the streams and video updates recently. The Textbook Wyckoff Schematic. Lovely little move. To our Discord Community! Thanks for all the support. Been an awesome couple of days! 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:BTCUSD
by Mayfair_Ventures
12
🆓FUNToken (FUN) May-13 #FUN $FUNFUN has just been rejected from the 0.04$ zone and it may have a big dump in the next few days to 0.03$ or even 0.02$ zone. 📈BUY -Buy: 0.0293-0.0307$ if A. SL if B -Buy: 0.0195-0.0205$ if A. SL if B 📉SELL -Sell: 0.039-0.041$. SL if A -Sell: 0.0585-0.0615$. SL if A ♻️BACK-UP -Buy: 0.039-0.041$ if A. SL if B -Sell: 0.0585-0.0615$. SL if A ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Short
by CryptoStation
Crypto Slang You Need to Know"met a whale yesterday, he told me to HODL, never fall for FOMO and just keep my diamond hands." Do you understand this sentence? Learning about crypto requires a certain level of adaptation of one’s lingo. Many commonplace words like whale and moon, have different meanings in the crypto context. It’s important to know the meaning behind these terms, especially if you want to further engage with people within the community. FOMO FOMO is an acronym that stands for Fear Of Missing Out. The term itself did not originate from the crypto space but is widely used in the community. One can feel FOMO when there’s a crypto that rallies and they didn’t manage to buy in before the surge, as a result they buy when the price is already high. A typical FOMO move HODL Originated from early bitcoin forums, when someone spelt HOLD as HODL. HODL refers to “Hold On for Dear Life”. This is the act of holding your position on the crypto regardless of the surrounding market environment. You might see crypto enthusiasts encouraging each other to HODL especially during times of market volatility, to avoid selling out of panic and fear. Shill To shill is to promote a crypto for the purpose of driving it to higher prices. While the word precedes the cryptocurrency context, it has become a commonplace in the crypto world and is frequently used even in news articles. A great example of shilling is every single time the Dogefather Elon Musk tweets about DOGE After the billionaire entrepreneur made these rounds of tweets, Dogecoin’s value surged by more than 40%, effectively shilling DOGE. Moon A token is considered to be “mooning” when its price experiences a drastic spike. When used in a phrase like “to the moon” it means that the coin is expected to skyrocket, as if to head to the moon. Whale Whale refers to someone who owns a large amount of cryptocurrency. Alluding to the size and power of a whale, a crypto whale owns hundreds of thousands in crypto value and has the power to influence the price such that selling might result in a price dip. Another variation of this slang is the word “shrimp” which refers to a crypto holder that owns a small amount. In BTC terms, a shrimp would own less than 1 BTC — not such a small amount after all seeing as how BTC is valued at $54K. Pump and Dump Pump and dump refers to a coordinated price manipulation strategy. What usually happens is that a group of people collectively buy a chosen coin to boost its price (pump) and quickly sell the coin to collect their profits. The ensuing sell off will typically result in a price crash (dump) and the cycle occurs in a very short period of time. Be wary of Pump and Dump schemes and groups!!! Diamond Hands 💎 Diamond Hands refer to the strength of a person to hold on to a cryptocurrency, regardless of the risks and usually has a larger end goal (of profit) in mind. A person requires diamond hands in order to HODL. The opposite of this is a person with paper hands, or people who sell their crypto the moment they incur a few losses or at the mere sight of trouble. FUD FUD is an acronym for Fear, Uncertainty and Doubt. FUD is used as a tactic to drive weaker investors into selling their coins, ultimately to lower price. This allows other investors, who are less uncertain, to enter the market again. Someone who spreads FUD is known as a FUDster. When Lambo? Lambo or Lamborghini is a status symbol of luxury. The question is not meant to be taken literally. “When Lambo?” is a short form of “When can we get rich from this crypto holding and live a luxurious life?”. The question always comes up whenever a new coin or token pops up in the market. How many words in this list do you already know? Disclaimer: This is just for fun, none of this constitutes as financial advise.
Editors' picks
by DoomRanger
80