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Kraken

Cardano (ADAZ18) Long Again (BitMEX) - Tips 4 BeginnersI should have focused my energy on BitMEX earlier, this thing is a huuuge money maker... Easy money maker. I am going LONG on ADAZ18 and would like to share some details with you if you want to trade as well. Main support for me will be 940 satoshis on the daily time frame. When using leverage I want a liq. price that is below this level. My main target is profits. For you, I trade with specific numbers and we aim to earn certain percentages but that is not how I trade myself. My strategy is incredibly simple as I like simple... Simple is best. Buy low... Later sell high. Meaning, it doesn't matter if a target is hit or not or how long it takes. What matters to me is coming out a winner and in good profits. You can always close a trade that is either in profits or at a loss, regardless if you hit target or stop loss. Sometimes it is good to cut losses before hand, or collect profits right away. If you are a beginner and trying to trade on BitMEX for profits, try starting small, with very low leverage on a low risk trade and allow time for it to develop. Always make a habit of withdrawing and enjoying your profits, as well as leaving some behind to grow your capital and join new trades. I hope you liked my advice. Namaste.
AEducation
by AlanSantana
9
Litecoin (LTCZ18) Bullish Hammer (Learning)Bullish Hammer A hammer is a type of bullish reversal candlestick pattern, made up of just one candle, found in price charts of financial assets. The candle looks like a hammer, as it has a long lower wick and a short body at the top of the candlestick with little or no upper wick. Please not that the candle needs to close for the signal to be valid. You can trade a bullish hammer when they come up at the bottom of a trend and with good volume, as they can mean a trend reversal. You would use a stop loss which is the lowest point peak by the hammer candlestick wick. I am trading LONG LTCZ18. A drop and close below 0.00751 would invalidate this signal. Sharing for learning. Hit LIKE! Namaste.
LEducation
by AlanSantana
Ripple (XRPZ18) Price Action Update (3 Possible Scenarios)I am looking at the XRPZ18 chart for a quick update. Let's see what we can find... (HIT LIKE TO GET STARTED!) : XRPZ18 has been in an uptrend since October 11 according to the chart above; higher highs and higher lows. It has been taking the sideways path after the retrace from the last peak was completed... What will happen next? Ripple will continue with a bullish bias according to the signals I am getting from the charts. The price can break down here but it will quickly bounce and resume up as soon as it finds support. EMA50 (0.00008630) is our main support. If this level breaks, we test our next support at 0.00008250 with a final level of 0.00007200. This last level is the area most likely to hold if XRPZ18 breaks down strong. We can expect a bounce or consolidation here. On the way up, the immediate resistance is sitting at 0.00008942. For bullish action, XRPZ18 needs to break and close above 0.00009116 just to start. Our main target is 0.0001059 after that. The last scenario is sideways and we see it in play already... But with volume decreasing and the market about to make a strong move... This scenario isn't likely to continue... Maybe just a few more days before a break... We will keep an eye on the charts. This is an update for Ripple (XRPZ18) price action on BitMEX. If you found this article helpful, please hit LIKE. Make sure to leave a comment if you have any questions or have anything to share with the community, I will be happy to answer. Your support is truly appreciated. Always. Namaste.
X
by AlanSantana
28
Kraken to blame for liquidity issue on XTBEUR pair? What's up guys, Saw an article about a crazy 13% wick on Kraken that triggered some stops and pissed people off. Is this Kraken's fault? No. At least, not really. No, Kraken almost certainly did not commit fraud and run the stops on their own exchange. Exchanges make plenty of money just fine and in the USA doing the illegal act alleged is a great way to spend the rest of your life behind bars covering your nervous, sweaty a**hole. I suspect many of you who call foul play simply do not understand how exchanges work. In an exchange, you have a "maker" and a "taker." A market maker is someone who makes an order to buy at a specific price. A market taker is someone who makes a trade at a specific price (usually *now*). Market makers use limit orders. Market takers use market orders. Ask yourself: when you click the sell button, WHO is buying it? Answer: the person whose limit order your hit. Simply put, there can only be so much liquidity. Kraken is a very low liquidity exchange. It cannot handle multi-million dollar orders without significant slippage. Do they need professional market makers to step in? That's for them to decide. Even the most liquid exchange in ALL OF CRYPTO has huge wicks all the time (BitMEX). This is just the reality of trading. It always has been and always will be. If you don't like it, stop trading. This is where risk management comes in. If you can't afford to have your stop executed at a WAY different price then what you expected, then don't use a stop and hedge instead. I've posted all kinds of information about VAR calculations. If you aren't going to take the time to educate yourself, that's on you. Quit externalizing blame. 9/10 times, it's your fault. Accept it and move on. For more information, read Options, Futures, and other Derivatives (Hull). -YoungShkreli If you want the most liquidity, go to BitMEX. If you want the most regulation, go to CME. Kraken has neither of these things.
KRAKEN:BTCUSDEducation
by CantorTechnologies
Ethereum Tumbles AGAIN!! Another 52% to go!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY KRAKEN:ETHUSD is on a heavy spiral down KRAKEN:ETHUSD is down by more than 91% this year!!. We are looking for another significant drop to the @53 level, thats another 52% wow! There is really no support line so watch is dive quickly!! From my experience stay on the sidelines or short sell!! Follow your Trading plan, remained disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only! Update idea
BITFINEX:ETHUSDShort
by SMPTrader
Bitcoin Market Q4Kraken chart. Analysis: Expect bearish trend to be stopped and a trend reversal to begin within the 4900-4000, with these levels holding many demand and buy zones. However, use stop losses tightly, as a potential drop to 3700 (the start of the bullish trend in 2017) is part of the chart analysis. Fundamentals including macros and micros include recent BCH fork manipulation that adds to bearish trend as well as the market cap of under $100bn. Cyclical indicators such as growth rate seems to be drawing to a close, perhaps into a reset, with a drop of 70% leading into a steady 100-200% increase as Bitcoin has performed in the past. Futures market seems to bottom out at 4800, although there appears to be plenty of buyers on books as well as in $mm trading range with options at LedgerX, and even volatility has had an increase since last month. Meanwhile, Technical Analysis shows a more bearish signal. 50/200 EMAs: Shows a steady Bear Trend RSI: is grossly oversold NVT: Bearish for the next 2 weeks ATR: low volatility and price settling BUT.. sometimes that means consolidation is strong and may indicate an explosive Bullish move... AND our Fib lines (we use zones) : has price dropping into the final Demand Zone. Overall, it would have to be an explosive catalyst for the trend to become an overall Bullish Trend. We still sit in a bearish momentum, or at the bottom of a sideways market. Sentiment is also bearish with alot of panic selling. IN the US, SEC regulatory climate may be creating more 'fear' in retail trader action, as well as the possible ETF denial or postponement. While the overall landscape of crypto markets are down, some have moved the Alts prices, contributing to the bearish sentiment for BTC. Data: Demand Levels: 4700-4900 & 3861-4000 with old institutional buying levels of 4800-4900. The support line which is the start of bubble from 2017, has now come to be the "Bottom" of: 4220 A 'worst case' is the Floor at: 3017 And finally, the Mean Average price prior to the Bubble: 1700 - this would be when all else fails and if crypto dies. Long Term Q4-Q1 is bullish with strong Buy Levels at 4750-4920 & Top trend/target at 9600k with Stop loss at 4715 Short Term into Dec: Bearish momentum moving into strong Buy Levels 4790-4885 & Top trend/target 6300-6800; stop loss 4705 Feel free to add contribute to this data at any time. About me: I'm an equities trader (ETF & Vix) for asset mgt, forex trader for prop room, and crypto trader for myself. Been in crypto since Sept 2016. I contribute as a guest, to crypto market updates on the Crypto Cowboys channel on Youtube
KRAKEN:BTCUSDLong
by EdProTrader
[XTZBTC] Tezos Early Opportunity [260%+ PP]Tezos (XTZBTC) is now trading at its lowest price since inception. This is a project with huge potential which had one of the biggest ICOs ever. I am looking at it on HitBTC, since the chart is too young on BitFinex / Kraken (Trading View) .I will be describing a weekly chart: Tezos shredded all gains and went back to Oct/Nov. low price. This is an “early bird” call. This token/coin is very likely to be added to Binance for trading. Strong project, good long term potential. Tezos (XTZBTC) by Alan Masters Trades Buy in: Up to 0.000212 Targets for XTZBTC by Alan Masters: (1) 0.000247 (2) 0.000267 (3) 0.000317 (4) 0.000357 Stop loss: Close daily below 0.000178. Capital allocation: <10%. YOU HAVE COURAGE WITHIN YOU You have courage within you and much more. You have everything you need always. Remember that. Namaste.
Long
by AlanSantana
7
12h finding weekly support before continuing down?I closed a month long short on eth at 196 for a cool 10% profit. Boy it was wild ride. I'm looking for a quick scalp before re-opening my short. I'm also watching the 200 ma on the 3d for bitcoin. It's flirting with it a bit and hasn't crossed under it on that time frame yet. If it does go under and close some larger time frames there then I am willing to bet it'll stay under it for a long time. I have some eth bids set below and am looking at 215-220 area to get out and short again. Margin positions also getting interesting. I'll post more charts in the comments. -Zzrott Come join us in the voice chat over at discord! discord.gg
BITFINEX:ETHUSDLong
by Zzrot