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DCA

CRYPTO.COM A POTENTIAL GAME CHANGER!Festive Greetings to all. Today we consider the trading pair CRO/USD To start off, we will first look at the fundamental side of things. FUNDAMENTAL ANALYSIS, Crypto.com(CRO) is the next generation decentralized mobile payment protocol, the most efficient and secure way to pay and be paid in crypto, anywhere, any crypto, without fees. Crypto.com Chain will deliver on its vision by developing innovative technology components and processes (inc. scalable encryption algorithm to protect users’ privacy, utilizing trusted execution environments, sustainable price stability mechanisms, user protection via PoGSD) catered specifically to cryptocurrency payment, while leveraging proven blockchain technology structural design elements. Use cases included, but not limited to; Offer some bank-like services - e.g., their Fiat wallet, CeFi/DeFi earn products and their unique Supercharger. Allow you to send payments between CDC Visa card holders. Have special cashback offers if you send crypto to other CDC users or buy their in-app gift cards. Let you top up your phone with crypto. And of course, promote mass crypto adoption with their smart initiatives. In addition, CRO has a chain(CRONOS tho intertwined with the COSMOS chain) that has launched already and CRO is used to pay the gas fees (just like ether is used to pay gas fees on it's blockchain). Whilst the protocol launched it's testnet in July earlier this year, facilitating more than 1.5million transactions already as at early november, CRONOS has announced the launch of it's mainnet beta in a bid to facilitate greater interoperability between the Cosmos and Ethereum Virtual Machine (EVM) ecosystems. The release will enable developers to port decentralized applications and smart contracts from Ethereum and EMV-compatible chains to the Cronos network at a low cost and fast speed due to its Inter-Blockchain Communications (IBC) protocol integration. This will offer accessibility to Crypto.com’s 10-million-strong customer base. Since its launch, the Cronos ecosystem has attracted over 20 validators, including Bison Trails, a number of prominent decentralized oracles, including Chainlink and Band Protocol, wallets MetaMask and Crypto.com, as well as partnerships with decentralized finance, nonfungible token and gaming platforms and projects. Whilst having such solid fundamentals, It is still yet to be listed on the biggest exchange by volume which is BINANCE, along with other giants like KRAKEN, BITSTAMP, & BYBIT as well. TECHNICAL ANALYSIS; Respecting the Ascending Trendline still, a 5-way impulse move(GREEN)->(it seems) started late 2019 is currently in it's 4th (correction) wave. RSI also far from it's ascending trendline, a return to it's trendline along with Price action doing like wise will be great confirmation. QQE indicator suggests the first scenario will play out, signalling a short position. (Great indicator btw by @lmatl, his scripts have helped me a lot) Red(0.79) is for stop loss Blue(0.41) is the 1st target Green(0.22) is the 2nd target. Best area to open a long is at the trendline. If you agree with this idea, pls leave a like as well as your thoughts in the comments section. Feedback is appreciated as always.
BITTREX:CROUSD
by RektMyMom
2
🚩How to identify the bottom and BUY the crypto in time? 3 tips!🌟How to BUY crypto in time and with the possible highest RETURN? The correct answer is during the capitulations. 🎯Capitulation is when even patient and experienced traders start to panic, but this is the opportunity time (Jan 2015, Nov 2018, Mar 2020, May 2021). 🔶How to buy crypto during the capitulations? Use the dollar cost average (DCA) strategy. This strategy allows you to buy crypto by parts without risking all of your capital. 🔶How to use DCA strategy? This strategy helps to average the BUY price. You can only sell at the top and buy at the bottom by accident. In real life, this strategy helps to average the buy price of a crypto. For example, back in 2019, you bought Bitcoin 3 times at $3,000, $4,000, and $5,000. The average purchase price in this case is $4,000. If the price go lower, you would average the price, if it rose, you already bought at a good price. Also, you can BUY at the weekly candle close during the capitulions. It is important to use the equal parts of the capital to buy (1/10, 1/20 etc.). Another simple example is shown on the chart😉 🔶How you can identify a capitulation? 1. Look at the volumes and record liquidations as shown on the chart. The liquidation of 50-100k Bitcoins is the best indicator. 2. Look at the percentage of drop from the highs. Historically, a price drop by 65-80% has been the bottom of the market. 3. Use the indicators that show the bottom of the market. Read this idea about the 🔋Greenwich indicator. It shows both the top and bottom of the market. So when BUY signals (green diamonds) appear, you can use this indicator to buy crypto by parts. 🔶Why does the DCA strategy work? Bitcoin, like U.S. stock markets, is in a long-term Uptrend. After buying Bitcoin in 2017 at its ATH ($18-19k), investors are now still at +100% profit. And as long as this trend is not broken this strategy will work. For example, the U.S. stock market has been in uptrend for over 80-90 years. 💻Please write in the comments if you still have questions about the DCA strategy or how else you can identify the bottom. What methods do you use for that? 🎇 Press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
BITSTAMP:BTCUSDEducation
by Yuriy_Bishko
33
Bitcoin, levels to watch and DCA into a shortIf you aren't aware, general market sentiment is bearish. Everyone is aware of this, hence why my conviction for this play is stronger. Bitcoin forming a 4H and daily bullish divergence, alongside a triple bottom. One last bounce from here is very likely as I'm seeing the SPX have a local bottom. Also untapped NPOC levels that are likely going to get filled. This will be your last chance to exit your longs and short into goblintown. Remember, when we are at the highs, everyone will be bullish and call for ATH's. This is your call to exit. Follow my twitter for daily updates, posting in depth content and exposing the market makers. @Space_blobb
COINBASE:BTCUSDLong
by SpaceBlobb
I GUESS IT IS QUICKSAND? - METAVERSEIt's been a while since our last idea. We're looking at SAND/USDT today. In our previous SAND analysis, we predicted a drop down to these current levels and potentially further down, and we've been spot on so far as shown below: Question is will we drop further down? Well, as you can see from today's analysis in the chart above, SAND is currently trading at strong support zone, also in line with the bottom of the ascending channel. Should we close below this, a drop down to the blue zone is very much likely with 0.9 being our worst case scenario(provided the First Wave Extension Scenario confirms). In our last update we also showed that price action was forming a bullish pennant, but failed to get anything out of it. Now this support region is the last go for the bulls to make a comeback. Whilst we should average down at this level, we want to see a drop further down to preferably 1.5-1.2 region for large buys. When we see price trading within the purple zone, we will have confirmation of a breakout and ATH's imminent as seen in past price action. June 15 & July 7 dates are potential dates to watch for a bottom or for price to enter the purple consolidation zone depending on how the market responds.(Don't depend on the dates) If you agree pls like and share and comment your thoughts below. Feedback is always appreciated!😉
by RektMyMom
Riot Blockchain solidified support for a move to the Upside.Riot Blockchain has been overlooked over the last few months. As Clearly seen on the chart, the correlation to Bitcoin's movements is closely correlated. > I Believe that an ascending support line, has been tested multiple times by both Riot Blockchain and Bitcoin . > With significant momentum driven by earnings season. Earning season is providing significant upside potential for all equities, especially in the Tech Space. > Combined with Bitcoin's Recent strong upwards momentum, from yet another confirmation of strong support. > We are likely to see a rapid rise in the price of Riot over the next few weeks. I think this is an ideal range to DCA, at the lowest risk level we have seen Riot Blockchain range in for a significant time. 1) Be greedy when others are fearful. 2) If you believe in a Companies business and promising future outlook. Don't let a discount be the reason NOT the DCA in lower. Especially in a stock you believe will be significantly higher in the long term. 3) Riot's fundamentals are one, if not the strongest in the mining business. With huge mining capacity coming online over the next few months. >>> Eyes on the Medium to Long Term Chaps <<< Just one Long term focused Investor/Traders Opinion, not financial advice.
NASDAQ:RIOTLong
by FortunaAlgoAnalytics
Polkadot looking interestingPolkadot (DOT) has been quiet for a while vs BTC--but that's often when the best opportunities present themselves. Negative momentum appears to be slowing and I'm seeing Bullish Divergence on the Daily chart. Having said that, I'm still expecting a retest of the Trend Support and that's where I would look to start averaging into a long position. If Support breaks, I'll be looking at 3500 sats for another buy opportunity. Happy Trading. ---------------------------------------------------------------- These are my personal views and not financial advice. Please do your own research before investing. I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly. If you appreciated this analysis, consider Liking or Following . Thanks!
by mercury_rising
#btcstarburst When DCA?UM… ALWAYS We are looking like we are still falling… Jumping back and forth on different charts there are some numbers that keep popping up. The 38k region as brought up and the possible the 35k ish… The 38k looks like the strongest supported. This is all research for future. Alt coins that have a strong backing look as if the may be in a great position, just a thought. There are some great options of new projects out there as well… I have seen something in a real estate zone that has its own eco system …. BITCOIN is the GOD of small things.. Could it come down to 20k I would hope so. Lots of people would hope so. DCA safely… Accumulate as much as you can as cheap as you can. Let the the whales and the market play its games. Buy again when its down, Buy more when its lower if you can. If there is ever a time when we reach the top of the mountain SELL…
BINANCEUS:BTCUSD
by Jonnycatx
Which day of the month to buy WABIBTC at DCA? Our Quant Answer!In this idea we want to show our operation as a long term trader - further definition for the term "Investors" - in which we select - doing also fundamental analysis - assets with long term bullish Bias. In some of our portfolios we have XXX, WABIBTC we buy every month in Dollar Cost Averaging (DCA). As Quant Traders and Investors, we have developed the Bias Analyzer to help us decide the day of the month when we can get a statistically advantageous price. We notice that between the 17 and 21 the price of WABIBTC tends to fall and therefore that day, we can buy at market whenever we want, considering that the day is calculated at midnight UTC . Also we can combine the BIAS information by looking at the graph where is presented: - Fibonacci levels or Hosoda's 50% to find a good point: 0.382, 0.500, 0.618, 0.786 - Support and Resistances provided by Ichimoku/Chikou If you would like to automatize or remind, feel free to use our Open-Source DCA Bot Indicator How do you guys calculate your DCA entries?
W
by TheSocialCryptoClub
Solana, is it time for a breakup?SOL/USDT Binance Weekly Chart ================================= Orange = EMA 21 Green = SMA 50 Red Lines = Predicted resistance and or support areas. Purple Lines = My limit buy orders. Greetings fellow crypto enthusiasts and fellow traders, NFTS have been raging hot with such euphoric buying and while there will likely be a future for NFTS, I believe the immediate uptrend on Solana is over. While there is a current consolidation in the price action, it does not mean SOL is out of the woods yet. With the Stock market looking to pullback next year and the strong corelation between crypto and the SPY, there is a greater chance of a pullback to retest lower levels, perhaps even as low as $80.00. However, I don't think this move will happen unless there is a pullback in BTC and the SPY, along with the price action piercing the EMA 21 again. Currently the price action remains undecided, does it go towards testing $200? Or does it retest the Weekly EMA 21? Whichever the case, If I were trading this, I would probably DCA and stay away from position sizes that are too large. ================================= Price Action Analysis: -The uptrend from June to Nov, appeared to tighten and trade in a rising wedge. -The Drop so far has resembled a potential Broadening Ascending Wedge. ================================= Current Trade ideas: Trade idea#1 - Buy as close to the Weekly EMA 21 as possibile, Take partial profits at $180 or higher. Trade idea#2 - DCA, no one knows where the bottom will be after the euphoric phase has run out. However, this NFT network and NFTS in general are too large to ignore, but do consider position size and risk when entering. Good Luck out there, May your portfolio reach Luna and beyond
by gendark2
Which day of the month to buy ETH at DCA? Our Quant Answer!In this idea we want to show our operation as a long term trader - further definition for the term "Investors" - in which we select - doing also fundamental analysis - assets with long term bullish Bias. In some of our portfolios we have ETH, which we buy every month in Dollar Cost Averaging ( DCA ). As Quant Traders and Investors, we have developed the Bias Analyzer to help us decide the day of the month when we can get a statistically advantageous price. We notice that between the 10 -11 and between the 21-22 the price of ETH tends to fall and therefore in those days, we can buy at market whenever we want, considering that the day is calculated at midnight UTC . Also we can combine the BIAS information by looking at the graph where is presented: - Fibonacci levels or Hosoda's 50% to find a good point: 0.382, 0.500, 0.618, 0.786 - Support and Resistances provided by Ichimoku /Chikou If you would like to automatize or remind, feel free to use our Open-Source DCA Bot Indicator How do you guys calculate your DCA entries?
by TheSocialCryptoClub
2
Which day of the month to buy ATOM at DCA? Our Quant Answer!In this idea we want to show our operation as a long term trader - further definition for the term "Investors" - in which we select - doing also fundamental analysis - assets with long term bullish Bias. In some of our portfolios we have ATOM, which we buy every month in Dollar Cost Averaging ( DCA ). As Quant Traders and Investors, we have developed the Bias Analyzer to help us decide the day of the month when we can get a statistically advantageous price. We notice that between the 17 and 21 the price of ATOM tends to fall and therefore in those days, we can buy at market whenever we want, considering that the day is calculated at midnight UTC . Also we can combine the BIAS information by looking at the graph where is presented: - Fibonacci levels or Hosoda's 50% to find a good point: 0.382, 0.500, 0.618, 0.786 - Support and Resistances provided by Ichimoku /Chikou If you would like to automatize or remind, feel free to use our Open-Source DCA Bot Indicator How do you guys calculate your DCA entries?
by TheSocialCryptoClub
2
Which day of the month to buy ADA at DCA? Our Quant Answer!In this idea we want to show our operation as a long term trader - further definition for the term "Investors" - in which we select - doing also fundamental analysis - assets with long term bullish Bias. In some of our portfolios we have ADA, which we buy every month in Dollar Cost Averaging ( DCA ). As Quant Traders and Investors, we have developed the Bias Analyzer to help us decide the day of the month when we can get a statistically advantageous price. We notice that between the 10 and 12 the price of ADA tends to fall and therefore today, we can buy at market whenever we want, considering that the day is calculated at midnight UTC . Also we can combine the BIAS information by looking at the graph where is presented: - Fibonacci levels or Hosoda's 50% to find a good point: 0.382, 0.500, 0.618, 0.786 - Support and Resistances provided by Ichimoku /Chikou If you would like to automatize or remind, feel free to use our Open-Source DCA Bot Indicator How do you guys calculate your DCA entries?
by TheSocialCryptoClub
104
Which day of the month to buy LUNA at DCA? Our Quant Answer!In this idea we want to show our operation as a long term trader - further definition for the term "Investors" - in which we select - doing also fundamental analysis - assets with long term bullish Bias. In some of our portfolios we have LUNA, which we buy every month in Dollar Cost Averaging (DCA). As Quant Traders and Investors, we have developed the Bias Analyzer to help us decide the day of the month when we can get a statistically advantageous price. We notice that between the 19 and 21 the price of LUNA tends to fall and therefore today, we can buy at market whenever we want, considering that the day is calculated at midnight UTC . Also we can combine the BIAS information by looking at the graph where is presented: - Fibonacci levels or Hosoda's 50% to find a good point: 0.382, 0.500, 0.618, 0.786 - Support and Resistances provided by Ichimoku/Chikou If you would like to automatize or remind, feel free to use our Open-Source DCA Bot Indicator How do you guys calculate your DCA entries?
by TheSocialCryptoClub
2
The bottom isn't in yet. But DCA should be in style right now. I started posted about this new the first sell off that created the top. I still have some notes here that have played out. The shoulder turned out a lot smaller than I thought it would but its there. at $28-30k we have good support and it actually would be good to bounce there and hold to set up for the next leg making this a clear bottom. There are a few patterns to consider here. The head and shoulders with a double top is concerning. This doesn't mean it's crypto winter or that it ever looks like that again. This is psychology, volume, and market cap driven. It doesn't really take much to move these markets but Bitcoin is the most liquid so keeping an eye on the top 5-8 gives you a more realistic idea of what is going on. Here is the deal, if $30k is that bottom then now is the time to start that DCA. So what if it drops 10-15% from here, what if it doesn't? I know it's hard for people when they don't have much to play with and they are trying to get the best deal because the gains are bigger. But you are likely to miss the opportunity if you are wrong. If it falls to $12k then that is the time you know to borrow money from grandma if needed to buy in. Now is not that time.
Long
by DefyingFinance
Which day of the month to buy THETA at DCA? Our Quant Answer!In this idea we want to show our operation as a long term trader - further definition for the term "Investors" - in which we select - doing also fundamental analysis - assets with long term bullish Bias. In some of our portfolios we have THETA, which we buy every month in Dollar Cost Averaging (DCA). As Quant Traders and Investors, we have developed the Bias Analyzer to help us decide the day of the month when we can get a statistically advantageous price. On the 21 and 27 the price of THETA tends to fall and therefore on these days, we can buy at market whenever we want, considering that the day is calculated at midnight UTC . Also we can combine the BIAS information by looking at the graph where is presented: - Fibonacci levels or Hosoda's 50% to find a good point: 0.382, 0.500, 0.618, 0.786 - Support and Resistances provided by Ichimoku/Chikou If you would like to automatize or remind, feel free to use our Open-Source DCA Bot Indicator How do you guys calculate your DCA entries?
by TheSocialCryptoClub
2
Which day of the month to buy BNB at DCA?In this idea we want to show our operation as a long term trader - further definition for the term "Investors" - in which we select - doing also fundamental analysis - assets with long term bullish Bias. In some of our portfolios we have BNB, which we buy every month in Dollar Cost Averaging ( DCA ). As Quant Traders and Investors, we have developed the Bias Analyzer to help us decide the day of the month when we can get a statistically advantageous price. We notice that between the 20th and 22nd the price of BNB tends to fall and therefore today, we can buy at market whenever we want, considering that the day of is calculated at midnight UTC . Or we can combine the BIAS information by calculating Fibonacci levels or Hosoda's 50% to find a good point. - 0.382 - 0.500 - 0.618 - 0.786 How do you guys calculate your DCA entries?
by TheSocialCryptoClub
10
Which day of the month to buy BTC at DCA?In this idea we want to show our operation as a long term trader - further definition for the term "Investors" - in which we select - doing also fundamental analysis - assets with long term bullish Bias. In some of our portfolios we have BTC, which we buy every month in Dollar Cost Averaging (DCA). As Quant Traders and Investors, we have developed the Bias Analyzer to help us decide the day of the month when we can get a statistically advantageous price. We notice that between the 21st and 22nd the price of BTC tends to fall and therefore today, we can buy at market whenever we want, considering that the day of is calculated at midnight UTC. Or we can combine the BIAS information by calculating Fibonacci levels or Hosoda's 50% to find a good point: - 0.382 - 0.500 - 0.618 - 0.786 How do you guys calculate your DCA entries?
BITSTAMP:BTCUSD
by TheSocialCryptoClub
18
Dot DCA Strategy$dot #polkadot Weekly chart has been hugging super trend support for 2 weeks straight. M May start a spot position here. DCA at these levels and exit if weekly close below A lot of upside potential if $BTC keeps pushing up. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind. 3. Let your winners run and cut your losers short. 4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win! 5. Before you enter a trade, know your target AND your exit strategy. 6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven. 7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc) 8. Don't fight the trend. The trend is your friend. 9. Don’t enter a trade based on one indicator. 10. Horizontals > Diagonals Please note: - This is not financial advice. - I do not take every trade I post. - Never trade off of someone else's chart until you DYOR!
Long
by DaCryptologist