Get started

Theking

Bitcoin Where to Buy- Everything is in Chart. - Actually TheKing entered a a correction phase. - We climbed for 4 Months Straight. - This kind of retracements are just normal. - if TheKing still bullish the maximum correction will hit -38.2% Fibo (around 25k$). - if Theking get hurts by a bad news (FA), the correction could bring the price around -61.8% FIbo (around 21.5k$). - The worst max pain dip would be around -78.6% Fibo (around 18.5k$). - Have a quick look at EMAs Rainbow Crossing up to get a more clear view and understand future movements. -- imho we are still slowly turning to a bullish impulse. -- Nothing confirmed that we will hit lowers prices for now. Stay Safe ! Happy Tr4ding !
BNC:BLX
by thecryer
7
The Black Swan Method- Making TA as a trader is like reading a magical ball but some major unpredictable events are out of control. - i usually accurate most of the time but i should be a fool to think i am always right, it's impossible to make TA in that markets conditions. - So this post is not to make some kind of predictions but to warn peoples on what's going on right now. - i will try to explain very basically the situation (with my bad english skills, so forgive me if i make some mistakes) : 1/ the first attack was based on Luna and UST, some entities started to short UST/Luna with some billions $, FTX and SBF surely did it. Luna tried to save the situation with their BTC reserve but it was effortless. they lost all. (Luna have never been hacked, important to specify this ) 2/ the fail of UST was the first step to create a snowball effect. 3/ 3AC, Celsius, Voyager, and much more were all involved in Luna/UST and Anchor Protocol witch was giving 18% returns on UST. They used customers funds in UST and staked, when the situation started to turn really bad for Luna, they tried to save the situation trading customers funds and they failed. (any of those companies have been hacked, important to specify this ) 4/ FTX used customers funds and started to short their own products, FTT, SOL, SRM, etc , Binance saw the move and twitted that they will drop all their FTT. FTX locked their customers wallets. FTX used 8B$ Customers funds to short markets. they are still right now trying to short USDT on Binance. (FTX have never been hacked, important to specify this). 5/ The snow ball started to be transformed in an avalanche. The damage here is huge. An exchange implosion of this magnitude is a gift to bitcoin haters all over the world. 6/ Sam bankman-fried was a Trojan horse in the crypto space, surely backed by banks and govs, a kind of worm witch have to be eradicated. 7/ Soon bankers will tell you, " u saw what happened with your exchanges ??!!, better use CDBC and stick with Banks!! ", this is their ultimate goal. - i pray for everyone who got caught up in this mess and lost money with those bad actors. - i hope you take care of yourself and continue to be a part of this journey. - i hope it doesn't turn you off of crypto witch are here to stay in the future. - BTC is resilient. No matter the magnitude of the earthquake. - Buy BTC - Store in Ledger, Trezor or Paper Wallet. - Hodl and come back later. Have faith in what you believe and fight. Thanks for reading! PS : Not sure this post will get me banned or censored, but at this point the freedom of speech is an human right.
KRAKEN:BTCUSDLong
by thecryer
24
Bitcoin Will Never Die - i am posting this new chart like i did in 2018. ( i will link olders charts at the end of this post ). - it's always more easy to predict a long term chart ( 1 Week TF ) Than a shorter timeframe ( 1 Day TF ), just because cryptos are hyper volatiles markets. - Everything is in chart and very simple to read, this is imo the worthless scenario we could see. - Most of my followers know my trading style, i always try to predict bottoms and tops. - i never advise peoples to short BTC, because my philosophy is to predict "Hope", and bitcoin is here to fight hyper inflation. - TheKing helped peoples which believed in to get more wealth, trying to make this world more fair. - if you bought BTC in 2011, 2013, or the top of 2017. you are still winner. Peoples who bought the Top of 2021 will be winners in the long run. - Bitcoin's PoW algorithm have been created to grow, 21M BTC only and strengthening difficulty every halving. Patience is the road for wisdom. Bitcoin is the road for freedom. Happy Tr4Ding !
BNC:BLXLong
by thecryer
27
Bitcoin S&RSupport & Resistance : - When the two prices meet, consolidation between support and resistance. - Called support and resistance reversal happens. - A key concept of technical analysis is that when a resistance or support level is broken, its role is reversed. - If the price falls below a support level, that level will become resistance. If the price rises above a resistance level, it will often become support. - So you got the idea, trading is magic. - Always keep in mind all scenarios. - Sometimes just watch and don't gamble! Happy Tr4Ding !
COINBASE:BTCUSD
by thecryer
8
TheKing Still Bullish- Despite the silvergate mini Fud, BTC still on his consolidation trend. - this Fud just caused a faster mini retracement but it would have happened anyway. - Next Fud could concern Stables Coins, They are trying hard, no smoke, no fire. - Whatever, at one point BTC will go his natural way. up! ----------------------------------------------------------------------------------------------------------------- - For now look at the Graph : -- BTC still evolving and bouncing on Tenkansen (Yellow Line) -- Senkou Span is making a flat line around 32k ( Violin Line) -- can notice a first support around 21.3K (Tenkan) ( Fibo 38.2% Retracement ) -- can notice a second support around 19.2K (trend) ( Fibo 61.8% Retracement ) (CME GAP 20.9k -19.9k) ----------------------------------------------------------------------------------------------------------------- - imo not a time for trading for a long term investor, just watch. - if you are a Scalper, that's fine, just use a tight SL. - Any Fuds coming and any lower prices are fire buy at the good zones. - i will comment this post with some older analysis so you will get the scheme more clearly. Happy Tr4Ding !
COINBASE:BTCUSD
by thecryer
17
Trading Life- I don't post much right now because nothing exciting is on. That said i will give u one more advise : - When u trade you really need to switch timeframes. - if you see nothing is interesting on 1 week or 1 Day, go to H12, then go H8, then go H6. etc... - Now check your favorite indicators and look at some divergences. - Divergences are the base of trading. - Divergences tell you when you can "try" to enter a trade or not. - if the market just follow the river, there's nothing to do, just watch. - Spot for Divergences than bet on a trade is much better. - Now check my graphic and get it. - Really simple. - Spot on Divergences and understand movements. - Remember that trading is tricky. - Naturally the market will always inverse what u think :D - Sometimes, there's nothing to trade. Stay Safe ! Happy Tr4Ding !
COINBASE:BTCUSD
by thecryer
2
TheKing Ways Up- Some Traders are still waiting for lower prices. - But to go lower BTC must first go higher. - TheKing is in transition phase : " Bearish to Bullish ". - Some retracements have to happen on the way up. - Some Fuds have to happen on the way up to create those retracements. - Today CPI results could impact a bit the trend ( Stocks + Cryptos ). - Notice on the Graph MA50/MA20 (4D) will cross up soon - Those MAs will create some new support zones. - This Graph is just based on comparison between 2018-2020 // 2020-2022 and an eventual " Story Repeat ". - Covid19 Black Swan included. - Just follow the Circles and keep it simple. Happy Tr4Ding !
COINBASE:BTCUSD
by thecryer
12
The Magic of Fibonacci- Remember this older chart ( December 18 - 2022 ): - Please feel free to check it to understand the new one 👇👇 - BTC Finalized his movement at exactly 161.8% Fibo. - BTC did what it had to do at the perfection of the Fibonacci Law. - when the FUDs and Bad News not influence the trend. - No need any Magic Ball, we just have to follow the beauty of Fibonacci. - Everything is in Graph, this is a bit advanced trading. - This is one of the core's method of big hands Trade ( with Volumes ). - Feel free to DYOR about Fibonacci extensions and Retracements and learn about it. -- The more that you read, the more things you will know! Happy Tr4Ding !
COINBASE:BTCUSD
by thecryer
4
The Fear and The Greed- Tomorow will be the 365th day in this bearmarket. - From now there will not be much winners or losers because in this situation, there's fear and doubts in both sides. - A little resume of this yearly journey : - Luna Rekt - 3AC Rekt - Voyager Rekt - FTX Rekt - and much more smaller entities like Zipmex etc.. - Despite all FUDS, the situation could be worst than where we are now. we have to remember in 2017, we went from 20k to 3k. - that said in 2017 "Cryptomania" was nothing compared to 2020, now we are more close from Cryptos adoption and CDBC. - in 2017 the market was still immature and dubious, in 2020 big players entered the game. - So what happened in 2022 with a more mature market ? - What we need to remember from 2021-2022 is that bad actors in Cryptos are not here to build the system but to greed on it. - They all overleveraged their positions thinking only about their own pockets and caused pain to millions of their customers. - Some created their own thin air tokens as FTT and shorted their own projects with high leverages using collateral loans ( FTX ). - They were all selfish, and didn't even think about how many poor families life they destroyed. - Peoples may forget what they did with time, but Karma will not. - Cryptos are here to stay, but the future is more bright without those greedy peoples. - Buy BTC. - Store in Ledger, Trezor or Paper Wallet. - Hodl BTC. - Do good things around you and good things will back to you. Happy Tr4Ding!
COINBASE:BTCUSD
by thecryer
4
Humans are not perfect- Very Basically SOPR (Spent Output Profit Ratio) measures the price bought versus price sold. ( but it's more complex than that ) - Negative SOPR typically means people are selling for a loss. ( red dotted Lines columns ) - Positive SOPR typically means people are selling for a win. ( Blue dotted Lines colums ) - So what we can notice and deduct from this graph ? - Simply that we are not perfect. - The Fear and The Greed. - We scare when the price goes up too much. - We fear when the price goes down too much. - Most of the time we sell to early. - Most of the time we sell when it's time to buy. "Human being is the fact to be imperfect anyway" Happy Tr4Ding !
COINBASE:BTCUSD
by thecryer
16
Trading is Repeating- Not sure that we already finished Wave 1. - What we know is : " BTC went straight up for 4 weeks ". - the safest way for now if you missed the last bottom is to watch and wait. - At one point TheKing have to retrace, so be patient. - if BTC Retrace now : - Set your Fibo to -61.8% Retracement, around 18,500$ - Charge bag at the good time. - if BTC push more : - Wait for a retrace and recalculate your -61.8%. - Keep it easy and Stay Safe! Happy Tr4Ding!
COINBASE:BTCUSD
by thecryer
10
Shopping Altcoins- in this post i will list a number of projects that seems interesting (to me) for the next bull run. - i will set a potential worst case bottom price for every tokens/coins considering another BTC dip. - i will just keep things simple and set a potential ”Entry Price” and describe good and bad reasons in few simple words. - Remember that you have to do your own diligence before considering to invest in a project. - Remember that cryptos are very dangerous, everything can happen and you may lose all your invest. - invest only what you don't need for living ! - it's only your own decision to set an higher entry price if markets turn green. - You don't want to buy when peoples are happy because everything is mooning! - You want to buy before retailers and You want to sell before them !! ”The time to buy is when there's blood in the streets” i will start with my one of my favorite project : ---------------------------------------------------------------------------------------------------------------------- Polkadot (DOT) ---------------------------------------------------------------------------------------------------------------------- - The Good : Decentralized, Huge Ecosystem, Cross chain Tech, developer activity, SEC umbrella. - The Bad : lack of promotion, concurrence, on chain attacks, elitist governance, unlimited supplies. - Entry Price : 4.30$ish ---------------------------------------------------------------------------------------------------------------------- - if you want me to check and add a project, just comment down below. - if i think this project is not consistent. i won't add it. - not meaning your favorite project is bad, just meaning i have a lack of knowledge on it. - i will update this post over time. Happy Tr4Ding !
KRAKEN:DOTUSDLong
by thecryer
57