DON'T get wedgied! Peak excitement on Friday - as retail traders pumped various markets with billions in cash. This was alongside institutional traders who had been bailing out.
Well, retail won a significant limb of this, from the bottom edge of what now looks like an ascending broadening wedge following a major bullish drive. Biden echoed the FED's mantra on transitory inflation in the last few days. That seemed to be a signal for retail traders on the apps to dive in.
Ascending broadening wedges after long bull drives north, are usually a signal of weakness. Just to be clear (and read my disclaimer below), this does not mean that the market will crash now. Price could move significantly up and whipsaw the top of the wedge before heading for the moon! 🌛
This wedge formation creates probabilities. Probabilities exist in minds. The probability estimate based on this snapshot (right now), is for a significant correction. This is not advice! This is opinion - a very different thing to advice.
How probabilities work : If 'you' estimate there is a 51% chance of a correction, that leaves a 49% chance there will be no correction. A lot of novice traders forget about the lesser probability, which does not favour their mindset.
There are other silent probabilities adding up in the background (DYOR): 90 year economic cycle, coinciding with 20 and 10 year cycles - and we're not out of the woods with a major pandemic. We are at year 11+. Some say 'cycles mean nothing'. Everybody is entitled to their own belief. I think these are dangerous times to be throwing money into the market going long.
If you are about to short this position, you have to have money that you can afford to lose. Read that again. If you can't lose money, stop trading - instantly!
Alternative reasoned perspectives are most welcome.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Pumpanddump
FTT will be next BNBHello everyone
todays Im going to talk about FTT token and why its important
FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019.
The team behind FTX comprises some of the largest crypto traders over the past few years who, having found issues with most mainstream crypto futures exchanges, decided to launch their own platform. FTX claims that it stands out due to such features as clawback prevention, a centralized collateral pool and universal stablecoin settlement.
In regards to clawback prevention, a significant amount of customer funds on other derivative exchanges have been claimed by socialized losses. FTX reduces this by using a three-tiered liquidation model.
On existing crypto futures exchanges, the collateral is fragmented across separate token wallets; this can be difficult for traders as it prevents positions from getting liquidated. On the other hand, FTX derivatives are stablecoin-settled and only require one universal margin wallet.
Another feature of the FTT are leveraged tokens, which allow traders to put leveraged positions without the need to trade on margin. If a trader wants to short Bitcoin with 3x leverage, they can simply buy a 3x short Bitcoin leveraged token on FTX. These tokens are ERC20-compatible and can be listed on any spot exchange. FTX currently offers XRP, BNB, TRX, BTC, ETH, EOS, USDT and LEO leveraged tokens.
Targets 27 - 29 - 32 - 35
Stop loss 23 - 20
Do you think FTT can be more valuable than BNB in future?
AMC Stocks movement This is a manipulative scheme that attempts to boost the price of the stock just like GameStop's price movement. The financial recommendations are based on false, misleading, or greatly exaggerated statements. The perpetrators of a "pump-and-dump" scheme already have an established position in the company's stock and will sell their positions after the hype has led to a higher share price.
The Forgotten SandsHi there
Hows you Axie bags?
lets talk about THE SANDBOX, Launched in 2011 by Pixowl, The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralized platform for a thriving gaming community.
According to the official whitepaper, the Sandbox platform’s main mission is to introduce blockchain technology in mainstream gaming successfully. The platform focuses on facilitating a creative “play-to-earn” model, which allows users to be both creators and gamers simultaneously. The Sandbox employs the powers of blockchain technology by introducing the SAND utility token, which facilitates transactions on the platform.
So gamin and Blockchain is end game and its very hot
targets 0.5 - 0.55 - 0.7
stop loss 0.4 - 0.35
bye
$MRIN is gonna fall todayPupm&Dump trading strategy idea.
$MRIN is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $24,28;
stop-loss — $26,27 ;
take-profit — $20,32;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Who want some SUSHI ?Salve, How you doin good fellas?
Sushi dumped very hard on May 19 and in 4 days reached from 21 to 9, now its tryin to hit 9 levels and back to the game
Targets 9 - 9.5 - 10 - 12 - 15
Stop-loss 8 - 7.5 -7
see ya
KAVA with 321 mil marketcapSalve
come stai?
Lets talk about KAVA
How does Kava work?
At its core, the Kava protocol functions similarly to a bank. It enables users to deposit their assets and obtain loans, and charges interest on USDX borrowings and savings.
Traditional financial institutions only ever provide these services after tedious registration processes, rigorous credit score checks, and compliance with know-your-customer (KYC) and anti-money laundering (AML) regulations. However, because of Kava’s decentralized nature, users need only supply their wallet address and any supported cryptocurrency to enjoy similar services.
To obtain a USDX loan, users should head over to Kava.io and supply a supported crypto collateral to lock into the Kava smart contract. Presently, Kava supports BNB, BTC, BUSD, XRP, KAVA and HARD as collateral. The generated USDX loan amount will depend on two factors: i) the quantity of collateral locked-in and ii) the chosen collateral’s collateralization ratio.
For instance, if BNB is chosen as collateral and its collateralization ratio is 150%, then an individual would need to lock-in at least $1.50 worth of BNB to mint $1 USDX. This loan will then incur an interest rate known as the stability fee, payable in KAVA. If an individual fails to keep their collateralization ratio above the asset’s stipulated liquidation ratio, then the locked-in assets will be seized, and a 7.5% liquidation fee imposed. Different assets will have different collateralization ratios, stability fees and liquidity ratios in accordance with their respective volatility and risk profiles.
To ensure that these loans are overcollateralized, Kava utilizes four key modules in tandem with the KAVA token: i) the price feed module, ii) auction module, iii) CDP module and iv) liquidator module. In essence, these mechanisms help align economic incentives and market dynamics to ensure that the protocol remains stable, secure, and trustless. The inner workings of these core modules can be read about in Kava’s Github page.
What can the Kava token (KAVA) do? The Kava token serves three main functions: 1.Governance 2.Security 3.Recapitalization
and let's talk about targets if it hit Resistance level it can hit 5 - 5.5 - 6 and if not we back to 4 again, watch BTC price too
See ya
CTK time!Salve
CTK is important and I tell you why
CertiK Chain, a security-first, delegated proof-of-stake blockchain, for trustworthy execution of mission-critical applications, including DeFi, NFTs, and autonomous vehicles. CertiK Chain prioritizes cross-chain compatibility, built as a Cosmos Hub with full EVM and Hyperledger Burrow compatibility, as well as compatibility with eWASM and Ant Financial’s AntChain. Across protocols, blockchain projects can receive security insights with the Security Oracle, which provides real-time guards of on-chain transactions, identifying and flagging a wide range of malicious vulnerabilities before they occur. Depending on the level of the security score, audited blockchain projects of any protocol may be eligible for a CertiKShield membership, which is a flexible, decentralized reimbursement system for any crypto asset that is irretrievably lost or stolen due to security issues. CertiKShield memberships are open to all community members of these eligible blockchain projects, providing a safety net to holders of crypto assets in case anything unexpected happens.
Natively, projects can code in DeepSEA, a hyper-secure programming language supported by the Ethereum Foundation, Qtum Foundation, and IBM. DeepSEA works directly with the CertiK Virtual Machine (CVM), which is fully compatible with EVM. CVM innovatively exposes smart contract and blockchain security information, enabling unprecedented ways to access, check, and incorporate risk into the decisions of smart contracts. CTK is the native digital utility fuel of CertiK Chain, serving as the core utility for on-chain functionalities such as operating the Security Oracle and CertiKShield systems, paying gas consumption of CertiK Chain, and voting for governance decisions within the network.
we are at a very important time and after correction, I'm gonna add tons of CTK in my portfolio as a long hold bag
targets 1.5 - 2 - 2.5 - 3
see ya
Shiba : Hold my LEASHHi there
lets see whats goin on with Leash now
Doge Killer (LEASH) is a cryptocurrency and operates on the Ethereum platform. Doge Killer has a current supply of 107,647 with 0 in circulation. The last known price of Doge Killer is 4,015.23591336 USD and is up 27.82 over the last 24 hours. It is currently trading on 12 active market(s) with $46,742,473.76 traded over the last 24 hours. More information can be found at www.shibatoken.com
should we jump in now !? NO, should we take profit now? YUP
430 mil marketcap! can we beat DOGE marketcap? NO
Have fun, Stay rich
MRIN pump and dump TrapAvoid going long on this stock, as it does this movement quite often.
As you can see it does bursts which will attract many buyers trying to catch the gain train.
Many OTC stocks and penny stocks do this to trap inexperienced buyers into FOMO.
ABIO - Pump & Dump - BUY +500%VERY RISKY, VERY LONG TERM INVESTMENT in Penny Stocks!!! Not a financial advice!
Buy - 3.50
TP - Sell limit at 21$ (2/3 of shares purchased)
1/3 - if go more up.
Good Luck!
Tezos (XTZ) Hi there
long time no see
I just add tons of XTZ to my portfolio
for new friends who just joined crypto, Tezos is a coin created by a former Morgan Stanley analyst, Arthur Breitman. It is a smart contract platform which is does not involve in mining Tezos coins. It is a coin that promotes themselves on major ideas of self-amendment and on-chain governance. It is an Ethereum-like blockchain that hosts smart contracts. It allows the community to vote and improve its flaws. Any token holder may delegate their voting rights to others in the network. The coin uses a generic network shell which allow different transaction and consensus protocols that a blockchain needs to be compatible.
The source code is implemented on OCaml which is a fast, flexible and functional programming language which should suit an ambitious project and its technical requirements. Tezos’ proof-of-stake consensus algorithm is different from the delegated proof-of-stake (dPOS) where they go by the name liquid proof-of-stake. This liquid proof-of-stake that Tezos uses focus in filling the gap between both security and decentralization but still being able to take advantage of the benefits that delegated proof-of-stake offers. The staking process in Tezos is called “baking”. In this blockchain, bakers who make deposits will be rewarded for signing up and publishing blocks. However, if a baker commits any bad behavior the deposits will be forfeited.
targets 3 - 4 - 6
stop loss 2 - 1.7
see ya
Another pump and dump on INJ. Its most visible on the one minute chart when you look at the volume. This happens to most mid caps but INJ seems to get hit the most. Lots of orderbook spoofing on it too. Even more reason to scale into coins like this rather than an outright purchase.
I am Bullish on INJ for fundamental reasons over the next 2.5 months.
Whales are at it again....Elon Musk and Tudor Jones both came out talking bullish about BTC and it rallies up..... Come on people, we've seen this before, its called um.... oh yea, PUMP AND DUMP!!! (2 hour chart displayed)
Don't fall for the same tricks! Take a small amount of profit if it seems logical to do so depending on your position and buy the dips! Don't give in to the hype - and don't buy at the top of a wave! Oh yea, and have a beautiful day. :)
Sincerely your Crypto Helper Friend,
- Jay
$AMP PUMPED Amp it
but what is Amp
Amp is described as the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for a wide variety of asset-related use cases.
How does Amp work?
Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. Where collateral partitions can be designated to collateralize any account, application, or even transaction, and carry balances which are directly verifiable on the Ethereum blockchain, collateral managers are smart contracts that can lock, release, and redirect collateral in these partitions as needed in order to support value transfer activities. Amp supports a wide variety of use cases for collateralization, and also introduces the concept of predefined partition strategies, which can enable special capabilities such as collateral models through which tokens can be staked without ever leaving their original address.
Tg: 0.07 - 0.09 - 0.1
sl: 0.05 - 0.04
stay rich
TRU, GOT PUMP?Salve
How you doing traders? are you shortin guys?
Today I'm gonna introduce you TRU, It is a DeFi uncollateralized lending protocol developed by the TrustToken team. Lenders can borrow cryptocurrencies with predictable loan rates without the need to pledge collaterals like Aave, Compound, and Venus. In the long term, TrueFi aims to become a market-driven, automated credit rating and lending system. This will demand building beyond the rigid, conservative constraints such as minimum/maximum APY and high TRU participation factor. It will also require increased levels of responsibility from users, especially for onboarding new borrowers beyond the pre-approved whitelist and approving new loan types.
sometimes it's better to have a wider view and don't panic in the crypto
where are those genius YouTubers now?
Ciao
Theta Fuel 🔥TFUEL on Fire again
Ciao, come stai ?
lets look at out hot token TFUEL, Theta Fuel is one of the two native tokens on the Theta blockchain. TFUEL should not be mistaken for Theta Token (THETA), which is the governance token of the Theta blockchain supported by thousands of community-run Guardian nodes and its Enterprise validators including Google, Binance, Blockchain ventures, Gumi and Samsung.
TFUEL is the second token on the Theta blockchain that serves as the utility token in decentralized video and data delivery, it also acts as a gas token. This means that it is used to power all operations on the Theta blockchain, like payments to relayers for sharing a video stream, for deploying and interacting with smart contracts, and as fees associated with transacting NTFs and DeFi applications.
In addition, it is also used to incentivize users in the ecosystem who share their redundant computing power as Edge Compute nodes as well as bandwidth resources as Edge Caching nodes for video streams and other data.
targets 0.6 - 0.65 - 0.7 - 0.8
stop loss 0.45 - 0.4
Solana, ooh na-na! Half of my heart is in Solana, ooh na-na!!
Hello guys and gals, whats up fellas?
speakin of SOL, Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.
The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.
Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale. lets talk about next targets
the targets are moona na na 42 - 45 - 47 - 50
stop loss 35 - 33
Time for a big Move? could btc pump or dumb soonTechnical analysis:
Welcome to this quick update everyone
#BTCUSD
Bitcoin is Consolidating in Descending Triangle from last 14 Days.
Volume has Continuously Decreasing, Time for a big Move?
So far Bulls Defending the 34.5k Horizontal Support, If daily Candle Closed Below 34.5k then Next Stop would be Below 30k 📉
If bitcoin Remains Above the Horizontal Support & Bulls Cleared the Descending Trendline Resistance (37.6k), Bitcoin Might RETEST the 46k 📈
BTC Trading at the Resistance level.
Good thing is we are above the 38.5k level.
I'll keep this very simple, we need to close above the 21D Daily MA and maintaining it to be bullish.
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$DOT in DIPGavin wood: Pump it
Hey there, hows your $Kyber?
sounds we are in DIP and its DOT time
targets 27.5 - 29 - 30 - 35 - 40
plus make sure you put a good stop loss
Helium (HNT) trapped again!Hi there
I miss my followers
today I talk about HNT, Helium is a decentralized blockchain-powered network for Internet of Things (IoT) devices.
Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes.
Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a blockchain mining device.
Users who operate nodes thus mine and earn rewards in Helium’s native cryptocurrency token, HNT.
The price trapped in 11 and 19 tunnel
long and short game, babe
Ciao
legend of Zilliqa Salve
lets talk about lil about Zil, Zilliqa (ZIL) is a token developed in the year 2017. Zilliqa is mainly based on the concept of Sharding and primarily aims at improving the scalability of the cryptocurrency networks as in case of Bitcoin or Ethereum. The white paper mentions that the transactions speed would be approximately a thousand times more than that of Ethereum network. Ziliqa is fast, secured and decentralized. Zilliqa’s high throughput means that you can focus on developing your ideas without worrying about network congestion, high transaction fees or security which are the key issues with legacy blockchain platforms.look at 1.5Bil market cap babe!
Targets 0.128 - 0.13 - 0.15 - 0.17
Have fun
Stay rich
MAKER time!Hi there, Maker made it!
targets 3550-3600-3650-3700
and if you thinkin what is Maker at all
Maker is a smart contract lending platform that enables users to take out loans by locking-in collateral in exchange for Dai. It was founded by the Maker Foundation in 2015 as an open-source project to offer economic freedom and opportunities to anyone, anywhere. In 2017, it launched the Maker governance token (MKR) and its first stablecoin iteration known as the Single Collateral Dai (SAI), which used Ether (ETH) as collateral.
always take profit
Dont panic
C ya
