10Set-Trade Psychology-Hidden Gem #1-Parabolic Sweeping Pattern!Hello Traders,
I will be posting my top 5 hidden Gem Holdings in a series of 5 postings.
This is strictly my opinion and in no way financial advice, as the saying goes -- do your own freaking research! At the end of the day, a successful trader is one who has done their own thorough valuation and feels 100% confident in their decision. This is important for a number of reasons but the biggest one is to keep your hands strong during corrections or pullbacks, so you have the finger strength or mental strength to not sell for a loss.
Too many times I would jump into the hype, buy the green and sell the red. No, no, no. Took years for me to listen to my own voice. And finally, take action on my hours of research and hours of time put into looking for my next investment. Simply put, I would do all of this research, put all of this time into finding my next purchase, and then as soon as an influencer came out talking about a new coin, I would quickly (with zero thought or due diligence) sell all of my holdings to buy a pump and then quickly lose all of my money in the falling dump. Sound familiar?
This doesn't have to be your trading experience or at least it doesn't need to be your trading style. It can stop today but it starts with you figuring out what has worked and what has most definitely not worked in the past. Look at previous trades you entered and "won" on your own accord. What do I mean by this? I mean what projects or coins have you invested in after you researched the project, purchased the project, and then received a profit? I don't mean the dumb luck coins you bought into after hearing from a 3rd party that it was a good project to get into.
I'm talking about the project you took time to learn about and earned some money on. Once you've located a couple of trades that you successfully made money on, you'll want to think back on the steps that led you to this winning trade (this is the benefit of keeping a trading journal). Did you enter the trade because of the fundamentals, the TA/ pullback, Twitter attention, Google trends, or CoinMarketCal events? You'll start to see a pattern from behind your winning trades and the steps that led to you purchasing a coin and then ending with a successful trade. The next layer will be a checklist or formula of what each project needs to meet before you pull the trigger to buy it.
Don't get me wrong, we need crypto influencers but don't let it be the sole reason why your purchase a project, let it be one of the steps on your crypto checklist to reassure you in your purchase. Serious crypto earnings come to the serious crypto investors. They're organized, systematic, emotionless (you have to be bc the market has zero sympathies for your losses), consistent, and involved in the crypto community.
If you're interested in getting my crypto checklist, I'm happy to share it. Just post a message on my Twitter ( twitter.com ) and I'll share it with you.
Lol, I thank you if you made it to the end of this. A little bit of a rant but let's get to the details of this hidden gem.
10set is set to start their review to get on some exchanges in the near future. There isn't a lot of info yet on their market cap. But based on their total supply divided by the current price of $2.85, my estimate would put the fully diluted market cap at $71,878,150.
There's been a massive spick in volume over the last week. There are currently about 9,800 holders and they have over 53k followers on Twitter. Right now on the hourly, I'm seeing a parabolic sweeping pattern, which has generally resulted in a continued uptrend.
This project is a deflationary token with a smart staking system, that bridges cryptocurrencies with the stock market. This caught my eye as I haven't seen to many projects doing this. I like the team behind them and I'm expecting big things for this project.
I'll update this as we go along but in the meanwhile, good luck!
Coinbasepro
Coinbase IPO👉 💎 Coinbase is going to IPO today. Apart from being my trusted Nr. 1 address for crypto transfers back & forth from my bank account -neatly integrating with online banks like N26, it has gathered the backing of behemoths in the VC world throughout the years:
Not only does it have Andreessen Horowitz & Union Square Ventures as early investors -who are also sitting on the board of the likes of Facebook & Twitter.
It also gives legitimacy to crypto & Bitcoin itself -esp. with bigger pockets & high net worth individuals that might not directly invest in Bitcoin, but now indirectly through Coinbase as a vehicle. And also don't forget that even though Bitcoin's current rally will come to an end as in every cycle, Coinbase is a company that will still make profit during that phase.
All in all, I'm very optimistic about the future of the company & everything they will create in the new 'digital monetary age', as they're sitting at the forefront of a lot of crypto startups through their investing arm 'Coinbase Ventures' themselves.
Garry Tan -who was one of the early angels, described CEO Brian Armstrong as the Steve Jobs & Steve Wozniak in one person.
Happy direct listing! ;)
Meta $MTA (mStable) - Coinbase listing forecast - $300 (+5000%)Meta $MTA (mStable) - Coinbase listing forecast
⌚️ This is a longer term accompaniment to the other chart/idea. ⌚️
⚠️ Call me crazy or a liar - I don't care - but this could happen... +5000% ! ⚠️
🚀
Meta, also known as $MTA or mStable is an absolutely fantastic project in my books. Incredible technology alongside a real team with proven knowledge in the sector. It has long been ignored or forgotten about because the team refuses to pay "influencers" to shill the project. This will not stand in the project's way. Do not forget that Meta ($MTA) is already listed on Coinbase Custody!
😳
CURRENTLY
~$70 Million USD TVL and increasing every day. 💪🏼
~$60 Million USD Market Cap - LESS than the TVL - simply insane! 🧨
Only ~17 Million circulating supply. 😳
Already listed on Coinbase Custody . ✅
Incredible APY returns - has been averaging over 100% recently. 📈
AFTER IMMINENT BINANCE LISTING
>1 Billion USD TVL?
>1 Billion USD Market Cap?
Potential listing on Coinbase on the way?
And finally... AFTER a potential COINBASE LISTING
>5 Billion USD TVL? 👀
>5 Billion USD Market Cap? 💲
Who knows what is in store? 🤝
🤩
Only time will tell...
🕶
1Inch to $16-$22 - End of April! 245-350%+ RoiHello Traders,
Having 1inch get listed on Coinbase was a very exciting moment IMO.
I’ve been holding this one for a little while now and I wasn’t expecting this one to get listed anytime soon but it makes sense with all of the other similar projects like Sushi and Uniswap.
I can definitely see 1inch acting like Sushiswap did, I think it is entirely possible for 1Inch to hit a market cap of 2.5 Billon by the end of April.
Good luck!
1INCH GETS 6INCH!🦄Privet
we all knew 1INCH gonna be 3INCH and we saw 5INCH together but 6INCH was Armstrong job so thanks Brian for pumpin our bags
But what is 1INCH? ONEINCH exchange is a decentralized exchange (DEX) aggregator to help users discover the best trade prices for tokens. Instead of swapping tokens from a single liquidity pool of a DEX, 1inch will aggregate across different pools and suggest the most efficient way to trade tokens.long story short copy paste of UNI SWAP.
TG 6.25-6.5-7 SL 5.7-5.5
Do Svidaniya
Coinbase / USD $COIN Coinbase - Announces First Quarter 2021 Estimated Results and Full Year 2021 Outlook:
• 56 million verified users
• Estimates Q1 revenue jumped nine-fold to $730M-800M.
• Assets on Platform of $223 billion, representing 11.3% crypto asset market share
STORJ - Repeated pattern ending in upside potential - 25%+ ROIHello Traders,
We are seeing another triangle pattern forming on the chart for Stroj.
It seems to react well to this pattern and after a short time consolidating, it moves to the upside.
This is a more short-term trade, I'll be looking at taking profits around 25%.
Good luck!
OXT---Possible Scenario: Rising Wedge Pattern FormingHello Traders,
It looks like we may have a rising wedge pattern forming on the daily chart. These can typically signify a bearish pullback. Though I am weary of this happening just based on the overall bullish sentiment of the market.
To be safe I will be cutting some profit at the top of that trendline and then I will wait for confirmation if it can break and hold above it.
Weekends can always be an iffy time to hold depending on your trade style but it can be one of the best times to load up on cheaper buy in's.
Good Luck!
Bitcoin U.S. Dollar Daily Chart Daily Readings:
Bitcoin as evident is trading in a bullish channel. It has been creating Higher Highs (HH) and Higher low (HL) formation which indicates that the bullish momentum is intact. Last week it went below the Trendline but that was very short-lived due to EMA 50 resting at that area. EMA 50 has been providing immense support to Bitcoin previously as-well.
By breaking this small channel resistance will allow bitcoin to test its Top once again, this is where the future course of Bitcoin is likely to be decided.
1- A clear break of its Top would allow it to move forward and test its upper channel in zone between 73.5-75k levels.
2- While if it makes a Double Top formation at this level (Rejection), the likely hood of testing EMA 50 (51500) once again would be on cards. If EMA is taken out then expect short to medium term bearish trend is likely to take-over.
Strategy:
1- Take Long positions if it Bitcoin breaks above 62k with strong bullish candle and good volumes for a target of 70k and 73k respectively.
OR
2- Take Short entry if we see a rejection from Top which will potentially develop a Double Top formation which favors bears heavily. One should ideally take 10% of total investment as an entry there with a view to add 10% more once EMA is broken.
In this case Stop-loss would be strict at 62k level.
Divergence is a tool we technical analyst use in-order to identify the possible trend reversals in near future. Here in case of Bitcoin the divergence is long present. It will be confirmed once Bitcoin breaks below EMA 50, but as long as it is trading above EMA 50 and inside of this channel trend the divergence can continue to appear but won’t play its role. Hence even if you are looking to go long the strategy is simple don’t compromise on your Stop-losses.
*Divergence is when a script is making new highs in a trend but on the other hand momentum indicators (volumes, RSI, MACD) are not making new highs, this shows that even when the price is rising the momentum on long term is being lost which will bring the opposite party into action as soon as a major support is broken.
Daily RSI Support Zone Resistance Zone
60 Support 1= 57223 Resistance 1 = 58980
(Bullish) Support 2= 55630 Resistance 2 = 61762
BITSTAMP:BTCUSD
This is not Financial advice, please do your own Due Diligence and Slay your Crypto Day Mates!!!
MATIC/BTC - Looking Good for 20%+ Profit - Bullish StructureHello Traders,
We have a bullish structure on multiple time frames for MATICBTC.
Inverse Head & Shoulders on an uptrend. Ascending triangle.
Confirmation once we see a break to the upside, should be today or tomorrow.
FYI, always be a little careful as we move into the weekend but we should see enough support to hold our current position.
Take profits when profits are earned, don’t get stuck holding a coin that has already drastically gone up. I do think we will see a strong bounce to recent ATH’s. Which is where I will be unloading my bag of MATIC.
Good luck!
QTUM/USD: Price Labels, Market Cap. Examples, & Explanations. Hello Traders,
Here's a project I' am very bullish on ATM. I've been DCA-ing my orders in over the last 24 hours during this small pullback we've been experiencing.
This project still sits under a $1 Bil. market value.
There is plenty of room for growth and serious room for a strong uptrend.
The ATH for the is project reached just over $82 after it first launched.
We currently have an inverted Head & Shoulders pattern on the daily.
Fundamentally, we have a new partnership release and testnet with the Janus Beta happening next week on March 31st. The new version fork will be happening in April. The mainnet Janus Release will be happening in June and finally, the halving will be happening in September.
As you can see, there are a lot of reasons for QTUM to experience volume growth and a continued uptrend leading to at least the first two targets. Currently, QTUM sits at #16 for smart contracts based on its market cap. If it were to hit the second target of a market cap of $1.95 Billion, it would be sitting just above ETC, FTM, and right below NEO. Seeing that neither ETC or FTM have any new updates or news coming out over the next couple of months, this should be fairly possible for QTUM to pass by. Time will tell, but patience always does.
You can check out some of the new releases coming out for QTUM here: coinmarketcal.com
If you enjoy some of these deeper dive posts, give it a like and I will start making this a more consistent effort.
Good luck and thank you!
UMABTC - Ready for a change of pace? 200%+ Gains?Hello Traders,
Here’s UMABTC.
UMA is extremely undervalued IMO.
Looking for a continued move to the upside and looking for a break to the upside.
If UMA can find it’s strength in the market, we could see some very nice gains.
Recent ATH’s would bring over 100% gains and if we could hit that golden area on the fib, we are looking at 200% gains.
Good luck!
$ADA - Outlook and live market update!Hello Traders,
We are seeing some pretty good signs of how ADA should perform over the next coming weeks.
Short term, I expect a consolidation/ accumulation phase (1-3 Days)
Mid Term, consistent uptrend, and market cap growth. (2-4 weeks)
Long term, a strong push to all-time highs and price discovery to finish the bull run. (est. June - Sept.)
Charts below, 15-min: MFI in Buy Zone & RSI is trending up. 1-Hr: RSI & MFI in the oversold zone/ buy zone. 4-HR: 50/100 EMA wicked and bounced up(this has been a pretty consistent buy signal and reverse to the upside).
Good luck!
ADA: $275 BIL. MARKET CAP---HERE WE COME!Hello Traders,
Alright, there been a total of three new exchange listing for ADA this week.
We have a lot of reasons to be excited about Cardano and the path it's headed down. I don't personally think the stimulus bill will play that big of an effect on ADA, definitely not enough to lead us to the $275 Bil market cap but it can't hurt.
No, I think we will see a huge push to the $8+ range once, it's officially added to some of these larger company portfolios and institutional investors. Greyscale seems to be the leader for institutional funds in the crypto world for adding Altcoins to their portfolio, unlike MicroStrategy.
Over the next 6-12 months, I think it is highly possible that we see Cardanos market cap break above the $100 Bil. range and then a slower creep up to the $200 Bil. and so on.
Technicals are showing an inverse Head and Shoulder Pattern and a cup and handle pattern on the monthly chart. Mix this with very strong fundamentals and we have a great recipe for short-mid term success.
Good luck!
Matic/USDT 1hr - Retest Entry After BreakoutMatic/USDT also broke out after 200MA bounce and is retesting. Buy the breakout of level marked, targets posted.
Cheers
LTC/BTC - BB Squeeze—-Pressure is Building.Hello Traders,
Questions will be answered this week for LTC/BTC.
We have some major pressure building between the squeeze we’re seeing on the chart.
Looking at previous BB Squeezes, we can see it was a matter of time before it finally broke to the upside.
I want to believe that the MimbleWimble release will be the catalyst to send LTC to the moon. But from my experience, a coin will usually see the effects of news releases in the weeks and days before, so if it hasn’t gone off yet, then it may not provide the effect that we were hoping for.
But depending on how well BTC continues to perform this week, will be a good determining factor of how LTC will finish this week and start next week.
For now, I am still holding and I will continue to hold until the market tells me other wise.
Good luck!
Possible Bullish Flag Build & ConsolidationI'm still very bullish on Matic/Polygon despite it rallying for over 500% in the last few weeks, especially with the new listing on Coinbase (the Coinbase Effect). It's possible it could be consolidating and forming a bullish flag at the moment. It's found good support around the 100 ema on the 30min chart around $0.279-$0.28. There's a chance that it could break out when it becomes tradeable tomorrow on Coinbase or it could be dumped. I find it strange that a coin would pump and dump a day before touching the 2nd largest exchange by volume in the world. Before traders on Coinbase can trade it. If we see a drop below the 100ema on the 30min chart then the next supports down are at the 25ema 12hr chart. A break below that would land us on the 100ema 4hr chart which is incredibly strong support and it hasn't closed beneath that support in over 3 months.
LINKUSD 4HR PlanThis is how I hope LINKUSD plays out over the next 24 hrs. I would love to retest RSI support and middle pitchfork support before a nice pop pushing past $32. It has played out how I had hoped so far since I posted yesterdays chart. Continuation may occur depending on BTC behavior. COINBASE:LINKUSD
UNIBTC - Descison Time: Strong Trend Holding but will it?Hello Traders,
Yes, a confusing tagline. UNI is holding an upward trendline as of lately on multiple time frames.
We've formed somewhat of a symmetrical triangle. This can lead to two different options and consolidation I don't believe is one of them.
In the coming hours/ day we will see a strong movement to the downside or up. Being an optimist, I'll point to the upside but optimism has never moved markets. So, my second fallback is looking at the charts, reading market sentiment, and using price confirmations to make decisions.
As you see above, there is a green rectangle. The price is just below it. Once we see a break to the upside and a close holding above it, I will enter a long position. Choppy markets like this, will usually create opportunities for smaller gains but gains never the less. I'm shooting for 20% gains and I'm holding a very tight stop loss right below the bottom line of the triangle.
Good luck!