Get started

Margin

Margin Trading with 'Ninja Signals' Buy & Sell Alerts ScriptHey everyone, we just wanted to share some of the promising results we are getting with the new margin trading feature we built into our 'Ninja Signals' alerts script and backtesting strategy. We recently integrated a simple on/off checkbox that allows traders to turn on margin trading by simply checking a box. If the margin trading box is unchecked, regular buy and sells are generated. If the margin trading box is checked, buys become longs and sells become shorts, allowing for profit to be made on both sides of the market. I included some links to the actual script and strategy (v1.0 and v2.0) below in case anyone wants to check them out. Enjoy! 'Ninja Signals' v1.0 (SCRIPT) 'Ninja Signals' v1.0 (STRATEGY) 'Ninja Signals' v2.0 (SCRIPT) 'Ninja Signals' v2.0 (STRATEGY)
A
by Bitcoin_Ninjas
19
The Curious Creation of 30000+ ETH in Margin Long PositionsI've never seen anything quite like this. This whole drop appears to be being bought margin long on Bitfinex. Interestingly, about a week ago, there was a similar mass closing of short positions and opening of longs at a similar price region. As seems to be my common refrain - I'd prefer to show this action on a shorter chart than 15m where the action is clearer, but alas, that's the shortest we can publish on. The SEC hearing on whether ETH is a security is planned for later today. I'm somewhat surprised we didn't have some strong statement or signal leaked as news today, given how the Congressional testimony and G20 events earlier this year played out. The argument that ETH is a security appears pretty weak, would be massively disruptive, would run counter to the previous very bullish statements by regulatory heads before Congress earlier this year, and in general would shoot the US in the foot in the international cryptocurrency gold rush. It seems extremely unlikely that the news from this hearing will be anything other than bullish. So, that's my working hypothesis here. I'd be concerned if the longs started closing in massive number, but unless that happens, this looks like a very cynical but extraordinarily bullish set of whale games. Exact bottom hard to guess, but I don't think you need to catch the exact bottom here. Possible that whoever's doing this tries for another leg down to build even further, but I'm not counting on it. I was personally long ETH before this and based on this read I'm basically throwing everything I can move around in crypto at it, so I guess I have my neck out pretty far on this if I'm wrong. I'm an amateur hobbyist and your definitely shouldn't take anything I say as financial advice. I'm interested in any feedback.
BITFINEX:ETHUSDLong
by acatwithcharts
2
Bitcoin Projections: Recognizing the Breakout PointsHello Traders, Going to be quick with the intro and summary here as this is a short term play and just shows where you can recognize the breakout points for a short term bull run or short term bear run. Overall Im leaning towards a correction to 8700/8600 ideally, and then an attempt over a mid term time frame to 11,600. Hope this chart helps you recognize where you can recognize critical plays/breaks and profit from them. As always, this is not financial advice and make sure to do your own ta/research. Thanks Crypto Hippo is the Name. You can find me on Youtube, Twitter, Facebook, etc. My partner and I have put together a wonderful and fast growing community in discord that brings EVERYTHING crypto to one central location. We'll be doing live streaming trades soon so come partake in the profits. Join the channel free at www.thecryptoblend.com If you bring a friend we will give you lifetime premium access for FREE! Just message an Admin when you've invited someone and will validate it. You MUST use the invite referral link at the top left of the channel when you enter, under The Crypto Blend Tab --- Invite People --- Copy Link
BITFINEX:BTCUSDShort
by TheCryptoBlend
BTC Don't Blame The Whales - Its Your ShortsWow, trading in crypto currencies is a lot like being in the trenches during a war. Speaking from personal experience you can spend endless hours in the dark and the quiet when nothing is happening and suddenly BOOM it's all in your face. Just as in warfare, some of you may need to check the condition of you shorts after things go boom. I never trade on margin and today is a perfect example why. Had I been short like so many other people, I would've been rekt, and I know a lot of guys are out there crying in their beer right now. There was massive short interest in Bitcoin prior to this move and it was begging for someone to jump on it. I was busy doing my normal thing, some analysis and writing on another crypto, namely Cardano today when Bitcoin exploded. I've been mulling over the idea in my head for the last few days about writing an article based on the published news that George Soros has entered trading in crypto currencies. Anyone who knows anything about George Soros knows that he is a ruthless SOB that has no conscience and takes great pride in destroying other people, even his own whom he betrayed to the Nazis. One of the things in Soros long and sordid career is that he is known as the man who destroyed the English pound years ago sending the entire economy of England into a spin for his own personal profit. Soros has company too, some big traders and funds are entering the market and some of them are also heartless manipulators who tell lies about their own intentions and then trade the opposite. Jamie Dimon, and Mark Cuban for example. Both men trash talked Bitcoin and crypto currency. Both denied they had any interest and immediately after admitted publicly that each of them was buying in the market. The crypto currency market is undergoing an evolutionary phase where it is becoming overregulated by government entities driven by special interests who will mold the laws and regulations to their benefit just as it has been done in the stock market in the name of protecting the little guy. Particularly in this time when there is very little regulation in crypto currencies, big players like Soros can come into the market and wreak pure hell. They're pretty much undetectable except by one thing. You can usually assume that whatever they say is the opposite of what is about to happen in the market. We all know the crypto markets have a mind of their own and don't need any help from outsiders like Soros to surprise us at a moments notice. So what is my point in writing this? You should trade intelligently keeping your cards close to your chest and stay the heck out of margin trading. Don't for one second believe 99.9% of the braggers getting rich on margin, when you set up a trade or an investment use cash - have an entry and exit plan. What's going to happen with Bitcoin next? At this moment based on what's happened the last few hours it's kind of hard to tell. I would watch the resistance levels that are drawn on my previous charts. We blew right through 7400 which I mentioned in another article I wrote this morning before this explosion. Bitcoin touched the area of $8000. I would say there's certainly room for short-term pullback but you need to keep your eyes open for 11,600 as the next upside target. If you were already in Bitcoin this morning when it took off congratulations. For you, I would either take my short term profits or set a stop loss to protect my profits to this point on the day. I did not have any Bitcoin in my short-term trading portfolio, so this does not apply to me personally but if I had I would've sold out by this time, and taken my profits. However, I've had a nice ride in Verge and Cardano out performing Bitcoin the last few days. See my posts. Keep a sharp eye on the price range of 7596 two 7804 either for a reversal or a breakthrough. If we get a breakthrough to the upside watch the 8426 price level, and should we get through that I would look for us to reach 11,600.
Long
by 6Shooter
6
Intra-day play - ascending triangle!On the hourly we can see that a nice ascending triangle is forming. 1/ We have confirmed 3 touches on the support and multiple flush touches on the horizontal resistance. I anticipate that this will be a small breakout given the overall bearish market. 2/ Given previous price action we could potentially test 8.5k but this will depend on buying power. If you want to play it safe take profit at 8350 or 8450. Give me a like, let me know what you think and give me a follow!
BITFINEX:BTCUSDLong
by jg94
3
BTC day trade set-up! We can see on the hourly that a bearish pennant has formed quite nicely - with 3 touches on the upper trend line and 2 now (awaiting this hourly close) on the support line. NB: trade will be negligible if candles fall outside of the pennant. That said: 1/ Long from support line to overhead resistance 8.25k (if feeling risky, 8.4k) - this has nice confluence as well with the close of the bearish pennant. 2/ Short from 8.25k till support of 7.8k (if feeling risky, 7.6k) - be cautious however, set tight S/L if buying power pushes through 8.25k. *Not financial advice*
BITFINEX:BTCUSD
by jg94
SiACoin (SC) : Day Chart : Substantial Potential profitI'm pretty confident we've seen the last of the bearish BTC trend.. Maybe a few rough retracements, but as far as negatively influencing the Alts go, I think that's done.. This is a very good opportunity on a slow and steady coin, that should race up from today.. Take a close look at the fan and the slices on its inside.. They correspond perfectly as resistance and support levels and touch on many of the peaks and dips, all the way from December.. This is a strong buy..
Long
by Lezz
2
BTC margin long volume vs price on BitfinexAfter calling the recent drop from 12k to 7.9k , I got the sense that BTC hasn't bottomed yet despite many calling the bottom. So I started looking for other indicators and pieces of data that may corroborate this hunch. Initially I started looking at the long (BITFINEX:BTCUSDLONGS) and short (BITFINEX:BTCUSDSHORTS) positions on Bitfinex as a way to gauge when to exit my margin positions. However, as I went back over the data we had (which admittedly isn't a great deal as Bitfinex only started providing the data on the 20th of August 2017), I started to notice that we topped out at around 32k of BTC longs. This coincided with a couple of major selloffs, including the last drop from 12k, and the prior one from 20k. Im not sure if this is a glass ceiling, or a hard cap, however it seems pretty clear to me that we are seeing divergence of BTC price vs number of long positions. ie. price is going down despite an increase in longs. I feel this provides some evidence towards the idea that we will push considerably lower due to a "long squeeze". I also mentioned a few days back in my prior post that if we close the week below the weekly 20EMA, we will head lower to the 50MA for support. A few days back Now I believe we are going down to between ~6k (+/- 500).
BITFINEX:BTCUSDLONGSShort
by crimsonronin
9
Short term BTC long playI have been in USDT during this downtrend. Looking at the 4 hour we seem to have corrected. If you look back on the BTC chart during corrections. It loves the pattern known as Adam Eve. You can read about it here. thepatternsite.com It is a useful pattern to learn. Once you learn it you are able to spot it and make long plays. They dont always come off, but are a good indicator of a trend change. My target is shown on the chart and will re-evaluate whether to stay in BTC or change back to USDT at this point.
Long
by sykes
Steller short opportunity.I have been watching Steller for a while now, trying to learn stuff. See the linked idea of what i think its a triangle playing out that can go either way. I am going to play a short here. I always lose on shorts so I will watch this and if it goes against me I'll close it. They can get out of hand and cost you money if you wait for them to turn around. Going to enter on a short timeframe close to 4600 if I can. Stoploss of 4750. Target of 36/3300. And if it goes down from the triangle, add to the short.
SShort
by sykes
3
ETC - To the Moon in the first quarter.This is for the HAI charting comp. I am personally playing this one for the next couple of weeks / months. I think we have started a new cycle with Ethereum Classic. Barring anything crazy happening and using smart stoplosses we can double or triple our BTC / Money with this coin. This is not a for people looking for quick profits. I think it is a good place to sit coins that are doing nothing for you. (I changed BTG for this) Want to get an entry in from 20k to 24k. I will be comfortable with a stoploss of 16k (bought under 20k so 4kish SL) Buy close to the trend. 20-24k - get a buy on the hour or 2 hour chart. TP1 - 30K TP2 - 40K TP3 - 60K SL - 3-4k from entry Shorterm target is 28-32k Main target is for 100% profit in the 40-45k region. You can also take profit in that region and buy again on the retraces around the first target of 30k for wave 5. Wave 5 I think will go past 60k,before a retrace. By that time we will have made 200% so, take profits and keep a few for some months and they could be worth $100's.
Long
by sykes
1