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MUSICBTC

Music of BITCOIN.... A NEW, completely unique Technical AnalysisI've been reluctant to put this out there, but honestly, I've been working on it for quite some time now and need help from musicians/day-traders who have their feet in both worlds. As a musician, I sometimes compose in what is called a MIDI roll. I'm often struck by how music (in a midi-roll) looks like a securities chart. The price of a security (like BTC) goes up and down over a span of time. The notes in music also go up and down in patterns over time. Music, like a price chart, has a support or a base. In music we call this the tonic. It is a place where music often returns to. There are also endless mathematical parallels, especially when considering the golden ratio and the Fibonacci sequence - prevalent in charts and in music. I've also noticed that there are many striking similarities between the methods of analyzing securities and analyzing music. There is music theory on the one hand.. and there is technical analysis on the other hand.... But, I believe music theory, as a discipline, is far more developed than technical analysis. Music theory is more predictive and has had, historically, some of the best mathematicians working on its theorems and ideas. It is a far older discipline. So, over the last few months, I've been slowly developing methods of bridging the gap between these two disciplines.. I've converted MIDI rolls to charts and vice-versa. One of the most interesting things I've found is how "musical" the markets can be. They really don't seem random at all. I have attached this small file... This is Bitcoin as music. drive.google.com I apologize that it is only 6 seconds, as it takes forever to convert this by hand and put it on a midi roll. BTW... I've created a script which allows you to apply divisions to an area of price. In this example, I've divided BTC into the familiar DO-RE-MI.... of the diatonic scale. The colors represent the "tonic", "subdominant" and "dominant" in music. This will be familiar to anyone that plays music. As you'd expect, BTC moves in a musical way. It moves to the dominant and then resolves to the tonic (in this case the octave above.) It even repeats a rhythm pattern nicely... I WOULD REALLY LOVE some help to develop this system further if anyone is interested, message me. I'm trying to find a way of automatically converting the candles to something like a RENKO chart, but one that stays in regular time.
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by Ifyouonlyknew
3
Music whilst trading? What do you listen to?After posting some educational content, it's been amazing the conversations that have flooded in. Ranging from questions, requests and just general chit chat. One of the hot topics for beginners has been the use and understanding of Fibonacci levels. So I want to share this and ask. What kind of music do you listen to whilst trading? I saw a trade idea posted by @TradingView a few weeks back about two types of music, varying beats and so on. Recently been introduced to Lofi music - thanks @Zackfx10 Youtube - Night Chill: Night City Hip Hop Jazz www.youtube.com In terms of the chart; The study added is an Octave level; pretty much the same concept as Fib levels, but using Octave frequency calculations instead. It's amazing to see the support & resistance interact at the grey dots. Just interesting as it relates to the Music, beats and waves. Music is a big part of trading and another unique aspect to each individual. Would be interesting to get some ideas on the music front and see what people enjoy whilst trading. 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
6
MUSICBTC (MUSICOIN) - 700% Profit potentialMUSICBTC is at the start of LONG positive trend and based on history, It can go up to 0.0000140 BTC (i.e. 700% profit potential) in near term. Fundamentally also a lot of activity going on with a good amount of commitments from developers(DOYR. Start with their website). Buy up to: 0.000003 Targets(2 weeks to 8 weeks): 0.0000043 0.0000060 0.0000080 0.0000120 0.0000140 Stop less: As this coin is now at the bottom(0.0000175 BTC), stop loss doesn't make sense with the present price. Thank you and all the best !
MLong
by AncientTrader
2
Another hidden gem: Musicoin (BITTREX:MUSICBTC)The project is quite impressive (musicoin.org). Briefly, this project helps musicians to get paid without any hassles and let's listeners to play music for free.. Community is strong, getting bigger every day... BITTREX:MUSICBTC daily chart as of 3rd January 2018: BTC is going up and this hidden gem is getting into the buy zone, if you have some unused BTC left on your account, you may consider filling up your BITTREX:MUSICBTC bag and hold it for a few weeks...
MLong
by Whispererco
3
Musicoin (MUSIC) - Strong Action (470% Earnings Potential)Musicoin (MUSIC) bounced hard from bottom and is showing strong movement. This coins history shows that the people who trade it loves action. So you can expect to see fireworks with this one; based on the chart history. We are getting straight into it. *** Instructions Buy-in: 0.00000287 - 0.00000400 Stop loss: 0.00000194 Targets: (1) 0.00000598 (2) 0.00000771 (3) 0.00000911 (4) 0.00001050 (5) 0.00001250 (6) 0.00001504 (7) 0.00002288 (New All Time High; Hard to reach according to coins history). Strategy: If you want your automatic sell order to fill for sure when the price is going up, place it 5-10% below target. To maximize profits, place it 5-10% above target (this has lower chance of filling up). Note: 0.00001506 is the All Time High. Lots of resistance there. This coin tried to break this high several times in a period of few months. So this is definitely our top. *** Indicators - MACD positive divergence. - New uptrend after bounce from bottom. - Great potential on the long term weekly charts. - The weekly chart alone for Musicoin (MUSIC), lead me to open this trade. Look at it here: One week is a lot of time in the cryptocurrency markets. Musicoin closed last week very strongly, and had a "consolidation" week this week. So next week has the 'potential' of being a very strong week. This is just a potential, so if the weeks potential doesn't materialize, we wait for the next one. So patience is advised. So, if for whatever reason patience is not your strong suit and you need to control the market and have this coin move NOW, please, skip this trade. Patience is the key to become a winner in this game. This is the 1D (daily) chart. Each candle represents a period of 24 hours. That's the main chart on the trade idea above. *** Message Three times a day, you hear the bell that comes to your door. What is it this bell Alan, you ask... I don't know. 4 Times is the number that you hear people call your name. What is it that they want, you turn around and say? Five times, is the number, that it takes for you to understand. Ok it happened again, this time I won't be afraid. 7 Is the number of balance, your body, your true-self, growth and evolution. This trade decides it all, this is my own conclusion. 9 Times, counting this time, will be the number of times that I will win again. It doesn't matter what happens, from now on, I WILL WIN ON EVERY SINGLE TRADE. Namaste.
MLong
by AlanSantana
352