Get started

Crytpocurrency

BTCUSD 8 Hour -Looking at large scale pattern and Buy/Sell areasEvery once in a while i like to take a step back and do a macro approach to the chart. to see what new patterns may have arisen. I am often surprised to see the major events we thought had caused large ripples in the crypto world were still with the boundaries of normal operation. A slow growth lie this for the next 20 years would be phenomenal. i would hate to see a skyrocket as that would just end up crashing. I kept this level of the cart simple. I am looking at macro scale buy and sale, long term hold, and my short term trade channel.
BITSTAMP:BTCUSD
by mindfree
3
API3 USD - 15 minute chart waiting for buy zone - Steady Systemi had never heard of this, i just saw it one day pumping on Coinbase and i bought and sold quickly and made a few hundred. I have said before. Outside all of my other work, i love making my grocery money for the day, even my sopping money. This stock rocks almost too nicely. I did not clean up this chart. i just wanted to post it to watch chart interaction as i change these day trade charts more than others. So i will now take a deeper dive into this API3 see what it has to offer, maybe time to move it into the chest. Here I am showing my next buy and sell zones. I sold 3/4 of what i had yesterday, i was waiting at 7.40 zone. it broke through, with a delayed bounce. I with held and am still waiting for a below 7 buy. If it takes off id readjust and add to my remaining which gives me a little drag to catch up.
COINBASE:API3USD
by mindfree
Bitcoin BTC Consolidating In Neutral Zone After a relief rally across all markets, we have seen a decent rise in BTC, breaking a key downtrend it was stuck in for roughly 3 months. Now a key point here is just because there has been a break of the downtrend, doesn't mean it doesn't form another one right after. This happens all of the time. Im not saying this is going to happen, only that a breakout is not the end all be all indicator. It only shows a short-term change in the trend rather than the Mid/Long term trend. Price needs to stay above 40k to maintain the Neutral Zone. Any break lower is cause for concern. As the title has stated, BTC has climbed back into what I regard as the neutral zone. In this area, price is neither favored in one direction nor the other. Rather, it is a range BTC will likely flow in before deciding the Mid-term trend. The one thing I would note is the extended RSI resistance BTC has formed since Jan. 2021. Loss in momentum, over long periods of time, eventually leads to a steep drop. We have seen many examples of this in the past. Here 3 smaller examples of this we have seen over the last year. Remember, this is on a bigger scale to impact will be bigger as well. Prices moving up and RSI is trending down. I am hesitant to make any hard predictions before March because I'm anticipating the first steps of FED's interference in the markets to take place then. My thesis currently is the bounces are occurring now in anticipation of the inevitable Rate Hike/QE in March. Most are anticipating a .50 Rate Hike and are downplaying it as if it won't matter. History tells an entirely different story altogether, and every single time there has been a hike and/or QE we have seen significant losses. At what point in time varies, but by the end of the FED's tightening cycle 100% of the time there has been a crash that occurred. The fact is we can see anywhere from 3-to-7 rate hikes this year alone and this can't possibly be ignored. Yes, there has already been some pricing in anticipation but we have already remade half of that ground. If you think the pain is over in relation to QE and the FED, I strongly think this is the wrong approach. The last thought ill leave off on is the mass adoption argument for Crypto, mostly, but really this point stretches to the Stock Market as well. In 2020, we saw the biggest inflow of retail investors than I believe to be ever before. Both in stock and crypto, there was euphoria. Prices exploded and created an immense amount of FOMO. After this crazy euphoria, we saw a steep 50% drawdown in May 2021. At this moment, I'm seeing more celebrities than ever before promoting crypto and their related projects. I think these individuals are going to use their resources to advertise crypto every chance they get during the Superbowl and will likely create a sell-the-news event. All eyes will be on Football and the Crypto adverts. While I'm not giving any specific targets in this post, (I likely will soon), you can probably gauge where my sentiment is for the Mid-Term. I can go on and on about the possible fundamental impacts of inflation, slowing economic growth, QE in relation to approaching the end of a decade+ long Market cycle but this has to come in a different more structured post. Thank you for reading the analysis and I hope I have given some quality information to think about. This post is not meant to sway you one way or the other, but rather to engage your thoughts on broader ideas so you don't fall into bias and even worst, Confirmation Bias. Any comments are welcome down below; I've been really short on time the last few weeks which is why my posts have grown thin. I am doing my best to fix this and create quality posts to force you to think and analyze, rather than just tell you "Up Only". In the meantime, Happy Trading!
by NoOneWhoIsSomeone
3
MANA / USD 1 hour chart patterns -waiting for the bottom.I feel just by the nature of opportunity there should be more downside. if i was a market maker i would take advantage of all the unknowns in the air and push the entire market down with shorts. (I personally do not short. I buy and hold and buy and sell.) but i can see the structure. Same fear and greed. and these people are often the same as the ones who drive pumps. We all love those. It seems manipulative, and it is, but it exists in all markets as does all criminal activity. It is the energy that keeps the wave patterns moving . I think the Government oversight groups into crypto should be the same as any financial item that you own and pay taxes on. I think Right now that is the Department of Treasury. They would benefit greatly if they just simply added crypto to the treasure of the treasury. The fact that they print money and make money off of making money is a bit of a relic. From the 2021 budget - "including $1,030.0 million in Bureau of Engraving and Printing (BEP) costs and $65.8 million in Board costs. The increase is primarily for higher banknote printing costs due to the demand for cash that followed the onset of the COVID-19 pandemic" The basic functions of the Department of the Treasury include: Producing all currency and coinage of the U.S.; Collecting taxes, duties and money paid to and due to the U.S.; Paying all bills of the U.S.; Managing the federal finances; Managing government accounts and the United States public debt; Supervising national banks and thrift institutions; Advising on domestic and international financial, monetary, economic, trade and tax policy (fiscal policy being the sum of these); Enforcing federal finance and tax laws; Investigating and prosecuting tax evaders; Publishing statistical reports. Crypto could turn all of that around. Smart contracts will give more control. the game market and the Meta World tokens will be monitored through these cross platform transactions or when converted to USD coin. In that world i can have and use Mana all i Want in VR worlds and VR assets and only pay taxes when i transfer gain to USD whatever. These are my hopes in my thinking of the Crytpo world. I Probably wont keep mana though. But will buy and sell if i see action. that currency climbing is the important part of the US stable coin.
COINBASE:MANAUSD
by mindfree
5
BEARISH TRIANGLE ON FANTOM (FTM/USD)Fantom has been consolidating within this triangle for 29 days and today it looks to be confirming a Bearish Triangle (I have attached an image for reference) The market has made consistent LH/LL which is true to a bear market - even though price climbed 28% from support this wasn't strong enough to break $2.40 zone which signalled a chance to short the market. Shorting the market when price has made LHs is one of the best areas to short and less likely to be liquidated as we are the right side of the trend!!! "Big fan of FTM which is one of the best Layer 1 tokens with strong fundamentals and a strong community" - I will be looking to accumulate more FTM in the near future
BITFINEX:FTMUSDShort
by LuxTradeVenture
ADA USD - 1 hour chart analysis - Crucial resistance LineVery critical support. This Bright red line has acted as a guide for the life of this chart. It has a little give but if trend broken, i would look for that low buy for at least one more bounce. Personally I'd step it down at .85 watch for bounce, .78 watch, .70 watch, .62 . Id buy just a little back of what i sold, maybe 25% and then add the rest on the rise with. These charts do make me see a correlation drop that could take bitcoin to that desperate point of low 20k and shake it out. i would really enjoy that dream opportunity across the board. It would not be a bad thing for coins like ADA to become more standardized to say a "single" value. like 1 dollar. An in blockchain tether easy to calculate. But i don't think we are there yet. not until the market is saturated and manipulation becomes more difficult.
BITFINEX:ADAUSD
by mindfree
SOLUSD Solano - 24 full chart pattern -i tried the Publish video idea and recorded the whole process but i must have done something wrong. I saw someone yesterday who had used it successfully so i will try again. This is the chart i created for that video. Im going to zoom in and try the video again at smaller levels. Im interested in buying more of this coin. I am just curious about its sustainability. The internet seems mixed. Any ideas out there please join in. Yes i chart weird. I am an artist, this is a process i sed to examine closely the details and patterns emerging. Right now i am marking the anticipation of the FED, I want to see what pattern they create, if they are smart they are making money on their own waves. But that remains to be seen, technically their current solution is spend more and devalue the dollar with inflation . Archaic systems are not changing properly, the correction may need to be physical shifts.
COINBASE:SOLUSD
by mindfree
3
Alts are on the brink of melting faces.As you can see Total 3 is in a descending broadening wedge and was most recently rejected at the upper diagonal line of resistance. Assuming BTC continues it's bullish reversal we can expect Alt's to do likewise. Could we come back down and test the recent lows again? Yes. But there's also a good probability that we hold the 720B area as support and attempt at breaking out of the descending line of resistance. A break above would finalize an inverse head and shoulder pattern with a breakout target at the .786 fib level which is approximately at 1 trillion. I think we could see this break out around mid-late February with a run towards 1 trillion ending at around mid-March.
CRYPTOCAP:TOTAL3Long
by CryptoNCoffee
ETHUSD - 24 hour chart pattern study with notesI don't see how the rhythm is not detectable, but it is up to the masses to choose the path. i just think when they adopt something, it seems to be the algorithms used for trading that set the patterns and you see the ripple of that in all stocks and crypto. Even the successful social media pump and dumps use the same approach. Find the most common heuristic and manipulate it. it does however add to the survival of the fittest approach and the adoption of those survival techniques.
COINBASE:ETHUSD
by mindfree
2
TS ❕ FTMUSDT: buyers attemptAt the moment, the support level of 1.9045 is a good entry point to the long, but only up to the level of 2.1590. In the future, if buyers manage to close above 2.1590, then the growth may continue. BUY scenario: The current price near the level is suitable for a long trade. Do not put too far stop. With a target at the level of 2.1590, one can enter a trade with a potential of at least 1/3. ----------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
Long
by UnknownUnicorn15614419
6
TS ❕ GALAUSDT: growth is limitedA slight increase is expected for the coin. Growth is questionable. We should expect the price to approach 0.34180, and then make a decision about the further growth potential of the coin. BUY scenario: This long is expected from the current level 0.30305 and is aimed at 0.34180. So far, this growth is limited. ----------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
Long
by UnknownUnicorn15614419
6
BTCUSD 15 minute Chart Patterns - Possible Use demonstrationI think when I can explain how i use this chart i will understand it so much better. In this demonstration i am just imaging different paths and roughly where i could imagine making moves. If it hits a buy area becuse it is bouncing off a trend line and the volume. This is what every trader does, in their own way. I originally looked at many methods, all i could find, in books and online, they often all track the same point or area. So i figured my own method was as good as any, as lon as it worked for me. 

To have value now the price of crypto has to have potential gain in value or it will be loosing value. It changes constantly , especially, with manipulation, and we all make money off of buying and selling or we hope to make money by buying and holding or we do both. I do both. I bought my kiddo long term bitcoin. It could set her up or it could buy, hopefully, a first car. No one can really predict a price because price does not exist. Just movement. 

Which is every news story that is related, every celebrity endorsement every major company or player endorsement and if this makes any of them a profit they will increase its value with the rest f it wanting to hold crypto based on potential gain. Its value is in creating value. Which is a given. The fuel is the believers. Which is the telling.I don't think there is a way to know. Tomorrow they could shut it all down or say they embrace it and every body goes ape$%^t. Then you redo your charts and see what stands out as new psychological areas of gain and loss and game. This is the plan i see right now, but only one, of many possibilities. Though the chances of this being right is like .00000001 it would be super cool if its close. Either way i keep playing and learning for thee action the rewards lets me do it. And doing it makes the value tangible and enjoyable as the idea of spending crypto make no sense as its a fluctuating value that i'm investing in because i want it to to up. This is just my approach to explaining this approach. Why not. So take it as thinking out loud and feel free to agree or disagree. Im an artist and i trade to pay the bills. These spots i'm choosing are spots where I think it could easily bounce around and areas i could buy or sell. In these areas this is how i would be thinking of game value. But i will update and change my plan constantly. I like the idea that this chart will be locked in a moment in time and that some could be close. The market looks volatile and exiting. The excitement of how much can you make today. "Hey i paid for my groceries."Whoop! Whoop! is usually what i am thinking. "Hey that just paid for my kids college" is what id like to be thinking. Or even hey my kids makes a living in the crypto sector of gaming and virtual reality. I also created some art and ideas along the way.Longterm value requires much less action. So i like to use this approach in the now of the market , in the long of the market i use everything in the world i can consume and enjoy doing so i use it in teaching my child the world they are headed towards.

In the end i just make a buy or sell decision at a price point in moment in time in a positive to negative, negative to positive motion based on that same moment in the world. Like every other trader. Even the algorithms. This becomes important in belief. I have had stocks in companies that I thought were geniuses and were going to change the world and they completely went under. Thats how the money roll. buy, sell buy, sell, buy, sell. But i like crypto much better than stocks. Just as a whole. I am concerned the stock market will vanish before it merges into crypto. Probably cheaper for them to crash than to just swap our stocks for coin.
COINBASE:BTCUSD
by mindfree