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Theking

Cryptos are here to stay- Don't follow the price but follow the innovation. - in 2018 Crypto market reached $750 Billions, in 2020 it reached $3 Trillions. - of course cryptos are still nothing if u compare markets with the actual netted value of derivatives. $600 Trillions. - if u followed some recent news about IRS : - The Passage of the Inflation Reduction Act signals the hiring of 87,000 IRS agents and the bill specifically calls out crypto assets. - $80 Billion of funding is allocated to the IRS budget over the next 10 years, signifying a 75% increase on a yearly basis. So are you thinking govs will hire more agents to tax a dying system. think about it. - According to Fibo the next bullrun will lead Crypto Markets around $10 Trillions. - Be ready for it but be ready also for taxes and regulations. Feel free to comments! Happy Tr4Ding !
CRYPTOCAP:TOTALLong
by thecryer
3
Bitcoin Stay Calm- i know some of my fellows traders went Long few days ago and i want to congratulate them ! - So if u went in around 19k+, you had already a great deal. - Now if you didn't board the first train. i suggest you to wait. - i don't show any indicators to keep the chart clean. ------------------------------------------------------------------------------ Trading Parts ------------------------------------------------------------------------------ - we are reaching a particular zone, so be cautious ( bears or bulls same ) - Nothing to Trade between 20800 - 21150 and under those zones, just wait and stay spectator. Buy Zone : 21,150++ (DCA) TP1 : 22,500 TP2 : 24,900 ------------------------------------------------------------------------------ Happy Tr4Ding !
COINBASE:BTCUSDLong
by thecryer
4
Bitcoin warm up- i know some peoples are still waiting for 15k or 10k. - in 2018-19, some of my friends were waiting BTC to dip $1000 when BTC was around 3000$, they are still waiting right now. - Used correctly, Bollinger Band is a powerful indicator. - you need to look closely at the Weekly BB contraction. - When BB compress, it's a sign of volatility returns. - the lower BB reached 17k+ ( was around 15.5k few weeks ago ) - The lowest BTC dip was $17,580 - BTC is evolving in a flat rectangle between 17,5k and 25k, the same situation happened in 2018-2019, it's called " Consolidation ". - i can only suggest you to DCA buy instead of missing the train. - it's better to take the risk to go in between 17k5-19.5k, than wait for a price that you won't never see again. " The greed works on both sides, Bulls or Bears. " Happy Tr4Ding!
COINBASE:BTCUSDLong
by thecryer
3
The art of trading- Spotting Divergences is a good way to be prepared for a potential trend reversal. - Many peoples are using RSI in a wrong way, as fix point indicator (oversold or overbought). - in reality RSI is a "Momentum indicator". Point to Point. - Divergences most of the time are not enough to enter a position but help you to have more nice cards in your hands. - They can be combined with Trend Lines, Supports/Resistances, pivots, MAs/EMAs and much more indicators. - More information you get on a trend, more is helpful to be accurate. - the reverse of the medal is using too many indicators at the same time can make you confuse and doubt. - Trading is an art but patience a virtue. Happy Tr4Ding !
COINBASE:BTCUSD
by thecryer
4
TheKing Moon or Mars - Everything is in graph. - Everything is based on Fibonacci (extensions and retracements). - This scenario is likely to fail, so don't take it as a financial advice. - This is just a scenario nothing more, nothing less. ------------------------------------------------------------------------------------------------------------------------------------ - Take also in consideration, this scenario is only based on two basic reasoning situations : ------------------------------------------------------------------------------------------------------------------------------------ 1/ The Bearmarket : - The real bearmarket started from April 2021 (First ATH) - The Second ATH (November 2021) was just a fake, a fomo created by people's witch missed the first train. ------------------------------------------------------------------------------------------------------------------------------------ 2/ The Brrrrrr Machine : - if they start to brrrrrrr ( UK just started ), more will follow. - this scenario could happen more fast than we think. - BTC was created to fight inflation. ------------------------------------------------------------------------------------------------------------------------------------ - Feel free to add your comments and ideas. - Sometimes, it's better to keep silent than speak without thinking. - Take it easy. Happy Tr4Ding !
COINBASE:BTCUSDLong
by thecryer
40
Choose your Side- i often compare TheKing with Nasdaq right now. - Have a main reason : - NAS100 (Nasdaq) have mostly "Top Tech Companies" acting as Thermometers in this index. - SPX (SP500) have Tech Companies + traditional ones. Nasdaq Companies are also included in SPX, but 500 Companies start to be a lot. - DJIA (Dow Jones Industrial Average) is a Mastodons, i don't use it much because this top 30 is too mixed ( coca cola, boeing, techs, big banks, nike.. etc). - i mostly use very high TFs, i prefer look from far, less noise, more easy and less headaches. - i use sometimes to trade with 1D, H12, H4 TFs but when we are bullish. In bearmarket, it's hard to find entries points in bearish mode. - i don't short markets and accumulate more coins/tokens, so i just DCA, Dollar Cost Averaging is investing a fixed amount of money into a particular investment at regular intervals. - so this chart is basically only about MACD : - it's really interesting to see Nasdaq making another red columns in 3W TF, while the markets should recover slowly. - if you take a look at BTC, columns stayed in Light Red Color and reducing size. What could it means ? - Keep in mind that BTC is not a STOCK. - One of the most pivotal events on Bitcoin's blockchain is the halving, when the supply of new bitcoins is cut in half (2024). - BTC have 21M Supplies and that's all. no more will be created. - At any time BTC could stop to follow Nasdaq and do his way, TheKing used to do that before already. - A small bounce in Nasdaq could be also a huge move for BTC. - " Choose your side " and DCA the money you don't need for living. Happy Tr4Ding !
SKILLING:US100Long
by thecryer
TheKing What's Next- TradingView distorted again my post. here a clear image : - We need to compare BTC movements with The Wyckoff Method and we will get a more clear view. - We are in a long corridor and it can take time before a new Bull Cycle as big hands are waiting for retailers to give up. - i published in July a chart indicating a potential bottom around 17500$. here : - i am clearly not convinced yet that BTC will make a fast wick to 15,000$, and i forgot already about 10k. - Bollinger Band is one of my favorite indicator on Weekly TF to try predict potentials bounces. - You can see clearly on the chart that BB bottomed around 12,600$ and right now growed to 15,500$. Zoom in : - So of course like always, everything can happen as economy is weak, but my work is TA, and not FA news. - A wick to 15,000$ is still possible but clearly uncertain, all i can tell you is if this happens, be ready to charge your bag. Happy Tr4Ding !
COINBASE:BTCUSDLong
by thecryer
16
TheKing Cycles- Nothing can be perfect in Life or in Trading, but you can always brighten up your day. - Remember "Cycles are Cycles" - Everything is in graph - You can follow bears, predicting 10 years of recession, but we are in a big recession and for a long time already. - You can fall in the deep and predict the darkness. - i like to see the sunshine in the morning and i will always radiate warmth. - Follow Hope, and always believe in your own judgement. - Be Bold and do the opposite of what commons peoples think. Happy Tr4Ding !
COINBASE:BTCUSDLong
by thecryer
14
TheKing CME vs Exchanges- i remember one of my best friends asked me in 2018 if it was good to buy Bitcoin around 4000$.. around bottom, i answered nothing, i just told him life is like a computer, it's like 01010101. You just take a decision then u have 50% chance to be correct and 50% chance to be wrong. - So he had like 50k Euros at that time and he decided to buy a small studio because it was more a " Secure investment ", if he bought BTC by that time he would have 12.5+ BTC for last 2021 bullrun and could sell for 600,000++ Euros after 2 years ( if he sold btc around 50k$). Right now his studio's prices didn't move up or down. so that short story is true, i didn't dream it. i just posted it to explain something very important : - more you invest in something safe more the return will be poor. - more you invest in something dangerous more the return will be good. This simple law is valuable for everything, not only for cryptos. if you buy a studio in center NYC, you will pay it a lot but you will have more chance to be safe, the return will take many years of your short life. if you buy a studio in Cambodia, you will pay it much more cheaper and your invest could be transformed x5-x10 or going to zero. let's back to the trend : - it's important to check the difference between CME and Exchanges. - When retails can buy 10$ in BTC in Coinbase, you need at least 10,000$ to invest in CME. - i noticed this price difference from the last July BTC dip, when BTC dipped on exchanges the price was 17500$ ish. But on CME price bottomed around 18500$ ish and few day ago from now made a kind of double bottom tap. - So to come back to my friend story, do you follow retailers or big hands ? - i will post in comments the next important CME GAPs that BTC have to take back in future. Happy Tr4Ding and St4y Safe !
COINBASE:BTCUSDLong
by thecryer
7
Bitcoin Bottom- i saw many traders using vrvp or vpvr like and claiming BTC will go 10k. - They just don't know how to use this tool and didn't understand how it works. - if u don't know how to use a tool, simply don't use it. so less people's will rekt. this is an advanced trading tool. - The Timeline of those tools are VERY IMPORTANT, they cannot be set up from 2015 or 2013. What happened when BTC was Bearish : - Actually when BTC dipped from 30,000$ ish, the columns started in the vrpv darker zone ( Less Demand ) - BTC reached 20,000$ and columns started to grow ( Demand Zone but Fear "Retailers" ) - Then dipped 17,500$ and the columns diminished size ( Good Demand " Smart Money" ) - This is at this point that you can detect a BOTTOM Zone. ( Darker zones + Small Columns ) Then what happened when BTC was Bullish : - if you watch VRVP when BTC was growing you will notice the inverse. - The Main demand was around 30,000$. - BTC Reached 50,000$ and VRVP started to be darker ( More Demand impulse "FOMO" ). - Then BTC reached 70,000$ ( No Demand ). ( Darker zones + Small Columns ) - i will post an exemple under this post to show a bad use of VRVP/VPVR. please don't use it that way. Happy Tr4Ding !
Long
by thecryer
14
Theking Following Nasdaq ---------------------------------------------------------------------------------------------------------------------------------------- - Quick update. the chart is speaking by itself. - this a 1W TF analyze but if u go smaller TF, u will shock to see how BTC is linked to Nasdaq. - BTC is simply cloning Nasdaq 100% from 8 November 2021. - This happened already on 17 Feb 2020 when Covid knocked our doors. - Those dips moves can be kind of "over pressured", i means by that : if Nasdaq loses 5%, BTC could lose 20%, Altcoins will cry -50%++. just the normal way. - Just follow Nasdaq could be a smart way, TheKing is still young, and for now US100 "mastodon" acts as a World termometer. - i will link in comments my older analyzes on Nasdaq. this will help to define a possible bottom. ---------------------------------------------------------------------------------------------------------------------------------------- Happy Tr4Ding and Stay S4fe !
SKILLING:US100
by thecryer
4
TheKing unbreakable- This situation was identical in 2020. When people's saw the death of the king, and when the dip was followed with a boom. - i see only opportunites for new comers and smart money in this dip. - i won't explain much about my graph, it speaks by itself ( Check RSI ) - i will later post an update for this knife. - Don't fall in USDT like we falled in USD after wars. the real pain will be when u wake up and buy your croissant at 10$ in the morning. - Check my Nasdaq analyze there because everything his linked : Believe in Theking & Happy Tr4Ding !
CRYPTOCAP:USDT.DLong
by thecryer
21
TheKing play safety- i will try to explain how to play cautiously when we are in this kind of incertitude. - i always try to make some posts to teach peoples how to grow, avoiding multiple rekts and i also learn myself from others peoples everyday as well. - Right now we should be in a consolidation phase, but it doesn't mean that we won't get another dip lower, so have to be very cautious. ------------------------------------------------------------------------------------------------------------------------------------------------------------------- EMA's Method 2021 : ------------------------------------------------------------------------------------------------------------------------------------------------------------------- - So if u look my graph in 2021, BTC dipped from 65k to 28k - BTC dipped under Green EMA50 (50D), then dipped under Orange EMA100 (100D) and finally under EMA200 (200D). - With this Dip you can see on Graph Multiple EMAs Death Crosses : - Green crossed Orange - Green crossed Red - Red almost crossed Orange - Basically what you have to follow is the most important EMA. EMA200 Days, Red One, the most difficult to break. - When TheKing is under that EMA or get rejected, it means we are still bearish. - After the Dip you can see TheKing made multiple bounces and tried to break Orange and Red EMAs. - Then finally BTC broke up EMA200 and started to bounce up on it. ( Buy Time ) - Multiple EMAs Golden Crosses will show a new bullish movement. ------------------------------------------------------------------------------------------------------------------------------------------------------------------- EMA's Method 2022 : ------------------------------------------------------------------------------------------------------------------------------------------------------------------- - in 2022, the same scenario is repeating ( and basically it's always the same for years....) - TheKing dipped from 70k to 33k. - Again with this Dip you can see Multiple EMAs Death Crosses : - Green crossed Orange - Green crossed Red - and this time Red crossed Orange. - After 2022 Dip you can see TheKing again making multiple bounces and trying to break Orange and Red EMAs and got rejected. - So the basic method is to wait a strong break of the Red EMA (200D) - After this break we need at lest 1 confirmation ( TheKing have to bounce on it ) ( Buy Time ) - Multiple EMAs Golden Crosses will show a new bullish movement. - so if you try to look inside the crystal ball. right now a good buy could be around 47-48k. - For now there's nothing to play out. ------------------------------------------------------------------------------------------------------------------------------------------------------------------- What is very important to understand is sometimes there's nothing to trade !, sometimes the best method to trade is to not trade at all and wait. - "Patience is the ability to count down before you blast off" Happy Tr4Ding !
by thecryer
10
TheKIng Bear or Bull- just a simple analyse on facts, not really a prediction. - Weekly EMA 21: $45k ish - Daily EMA 200: $46k ish - TheKing reached an important momentum zone. this green daily candle was very huge but BTC have to close next weekly candle above 46k$. - After that we can consider to turn in Bullish mod and start a new rally. - For now i am not bullish and not bearish, just a spectator in this kind of areas. - i recommend to not play for now and wait for a strong breakout or a dip before entering any position. - Stay Safe Happy Tr4Ding !
by thecryer
5
A Story of TheKingQuick and short update. - Stories like to be repeated constantly in Trading, that's how traders try to forecast the future. - i invite you to research about elliott wave running flat theories. - 61.8% is still the "Golden Number" and we have to always keep it in mind. - Play like a Robot and don't use sentiments, adapt your trading style to situations. - in FA most of the Time, " Good news are coming when the trend is bearish, Bad news are coming when we the trend is Bullish ". This can be called also "Elite Manipulation". ---------------------------------------------- Target 1 unchanged for now 55,000$. ---------------------------------------------- Happy Tr4Ding !
Long
by thecryer
14
TheKing Lack of PowerOk i will be quick on this analysis and speak only about facts. - it seems that BTC new demand area was around 30,000$, everyone was waiting for 28k again but markets like to trick peoples :D - so we found support around 33,000$ ( BTC Bounced on last VPVR Demands from June-July 2021 acted as support ). - So for now TheKing made again one more HH and HL and we have to Keep that in mind. - Despites many peoples think we are in " Bearmarket ", i am not convinced yet about it. - Now we are still in a kind of doubtful zone, some Bears scare to short, some bulls scare to buy. - i used 3 Days timeframe because we can check easily the size of the candles, for now, it's like we are coming back to October-December 2020. ( Yellow Rectangles ) - We need need to see more big candles to confirm a strong reversal movement. ( same as green rectangles ) - TheKing have to break is downtrend (Orange Trend line) - So what i can say for now is, " there's no momentums in indecision ". - For now first TP is 55,000$ ( lack of demand after that. have to recheck in time ) - if we fail and dip again, demand Zone is 30,000$. Stay Safe and feel free to comment with logical facts and usefully ideas. Happy Tr4Ding !
Long
by thecryer
1