ADX/BTC potential spikesADX has a low supply and often pumps with a slight volume increase.
Currently the daily volume is rising and we have already seen a couple of very volatile pumps, i can see a few lines of trend being respected and currently price sitting on a level of demand but has already been it a few times, there is a chance we will fall to the next demand zone but hoping it gets wicked up quickly to stay with in this pitchfork channel.
40%+ push back to the top of the pitchfork but each limit line will be a level of resistance so have your own game plan on how to trade it.
If the current pitchfork trend breaks then i dont see this exact set up working.
ADXBTC trade ideas
Finally it breaks a Strong Resistance_Get ReadyFinally it breaks a Strong Resistance_Get Ready
after a long time ADX breaks out of a strong resistance
'wait for the pullback and a confirmation and then and afrer that you should see a reversal pattern like
engulfing and you can enter the trade in that position
ADX/BTC whats good about thisHere are some reasons to consider a positive move coming soon and one opposite thought.
A break out of the ascending triangle is soon and I'm thinking it will be bullish
9D ma is in support of an up move
Volume is building
However is that a bearish divergence I see on RSI?
SoT 2.0 Chartoff March, Week 2Entry is just a few sats above the hourly level. This hourly level has not yet been tested so enter a little bit above it.
ADX is trying to break out of a valley that started the 1st of March.
Current trend is up. It's laddering up and creating new levels all the time.
Have 2 exits defined which are close to daily levels. These daily levels have been tested already.
Sell 50% at Exit1 and the other 50% at Exit2.
AdxBtc Potential Cup formationHi guys spotted potential Inverse head and shoulder pattern with price moving in typical symmetrical triangle zone, and looking dip into the whole pattern look like typical CUP formation.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
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ADXBTC a completion of gartleyBy the grace of Allah the most high my below idea of ADXBTC
generated more than 32 percent profit.
Now the price action is completing the C to D leg of same gartley pattern and almost entered in buying zone.
We have again a 200MA strong support in potential reversal zone which will help in bullish divergence insha Allah.
The targets are defined accordingly plz find on chart.
Regards,
Atif Akbar (moon333)
ADXBTC again ready to fill our wallets with money insha AllahThe ADXBTC never disappointed us and every idea gave us massive profits in a very short period of time as my this previous idea:
gave more than 60 percent profit by the grace of Allah the most high.
This time the ADXBTC is again going to form some harmonic.
The 200MA us just beneath the buying area which will provide a firm support to price action for bullish divergence insha Allah.
I have defined the targets on chart plz find.
Regards,
Atif Akbar (moon333)
How to Arbitrage Cryptocurrency & Why They Occur During Pumps?During the 2017 Bull run I started noticing arbitrage spreads occurring quite often in cryptocurrency markets. I was able to stumble upon a few of these as they occurred making an average of 20% or more each trade in just minutes. I knew I missed a lot and I wanted to get alerted to these in real-time which is why I created my own arbitrage platform. Here is a strategy I would like to share with everyone...
Be Ready at all times
having money in BTC or USDT ready at all times on the exchanges you are comfortable arbitraging on
sign up for an arbitrage platform that alerts you to the occurrences ( Arbiswap )
once you are alerted to an arbitrage opportunity act on it as fast as you can
Follow this quick checklist:
act on HIGH VOLUME arbitrage opportunities (unless you are investing small amounts which is supported by the current volume)
act ONLY on arbitrage opportunities based on profit potential of 13% or more
MAKE SURE WALLETS ARE ONLINE on both exchanges
buy as many coins you desire from the exchange it is selling much cheaper while paying attention to make sure the spread still exists by checking the exchange it is selling for at a much higher rate
once you are done accumulating, transfer to the other exchange and sell as fast as you can
From my experience I was able to transfer most ERC20 coins in 7-10 minutes time and sell them pretty fast (40k worth) over a few minutes time. Some coins are known to transfer fast like XRP , ETH , Nano , etc. so it is wise to be familiar with coin transfer times. There are some like BTG that transferred on average of 15 minutes to 30 minutes although one time it took 3 hours but I was still able to make at least 18% or more every arbitrage opportunity I ever acted on.
Let's talk about why arbitrage opportunities occur?
A seasoned trader will understand that most coin prices begin to rise when breaking certain resistances and trend lines. News will sometimes create arbitrage opps but they are mainly caused by huge money being pumped into coins by institutions. They are usually the start of bull runs. Last December we seen that most coins chart displayed extremely bullish patterns. Once they broke resistance it usually rockets up to a higher price and usually starts forming a new pattern that will allow the price to go even higher. The amounts of cash flowing into coins at a much faster rate creates a spread between exchanges which creates an arbitrage opportunity.
Let me debunk the misconception that one whale can eat up all the volume for himself using an arbitrage opportunity that happened just yesterday
A few months ago ADX/BTC was pumped up over 65%. It was trading for $1.19 on Bittrex and $1.47 on Binance which is around a 25% or more price spread between the exchanges. The 24 hour volume on ADX/BTC on Binance alone was over $51 million dollars most of which was traded during the arbitrage opportunity. That is a ton of volume for literally thousands of people to make a profit from by swapping these coins between exchanges. I usually trade around 40k at a time during these occurrences and I have no trouble getting my orders filled in minutes while transferring and selling on the other exchange.
Arbitrage opportunities are common before the start of and during bull runs
Arbitrage occurrences usually occur at the beginning of bull markets and we are beginning to see them occur more and more on high volume exchanges. This is how we see the market caps rise and prices of coins go up so quickly... Today there was another that occurred for ticker DNT/BTC this time it had even more volume roughly $70 million dollars worth on Binance alone. Unfortunately I was watching the movie "A Quiet Place" at the movie theatre so I wasn't able to act on the alert I received.
Feel free to ask me whatever questions you wish! Here is the arbitrage platform I use and here is a medium post that goes a bit deeper medium.com I obviously am quite familiar with arbitraging and it is the only type of day-trading I personally do so let me leave this disclaimer...
ADXBTC again in potential bullish reversal zoneIn my previous idea:
by the grace of Allah the most high the ADXBTC gave more than 20 percent profit.
Now the ADX has completed the gartley and also have a 50MA support at potential reversal zone of pattern insha Allah this is the buying point.
Plz find the targets on chart.
Regards,
Atif Akbar (moon333)
It starts with A and it finishes with X - ADX is warming up!ADX is looking really good, and, for me it seems that is warming up for a run! Let's go directly to the action and take a look at this chart!
· as you can see there is a harmonic pattern forming ( three drives pattern)
· MACD and RSI are bullish
· we have a divergence
· there is a W on a daily chart(1D) and if you put on a weekly chart (1W), you will see that another w is forming ( a very strong signal)
· now we are trading between 100 and 200 moving averages
Trade: ADX/BTC
Buy: 2750-2850
Targerts:
1. 3450 ( main target for short term, 0,618 fib level )
2. 3866
3. 4397
Stop loss: below 2503
Disclaimer :
My ideas are never financial/invest advice! For a favorable outcome, make your own research!
Don't forget it's all about patience and positive thinking!
Feel free to share your thoughts on the comment section below.
If you like my idea, push that like!