Wat made u wanna join?

the memes

The double bottom on BTC. I have day-traded in the past, but my regular job has been extremely busy the past year so I can't always watch the markets all day like I used to. I was looking for lucrative swing opportunities.

ethereum finally looks like it got some positive movement, but it's approaching a long term horizontal support/resistance. Every time it touched and bounced off this line it's been at volume spike...right around 575-580$

if you don't have any it would be a good entry point once it gets through this line..then set your stop loss at 570 and there isn't much noise up to 640
what does Naden stand for?

He's a producer! I know I've posted a few tracks of his in your dance music thread before.

My top 3 are Eco, Breakfast, and Naden.

Also I think crypto is annoying, I'm tired of hearing about it, so getting some skin in the game is a great hedge for me. I'll either make money or be satisfied with a crypto demise.

[QUOTE=reinsdorfsucks post_id=1549490031]He's a producer! I know I've posted a few tracks of his in your dance music thread before.

My top 3 are Eco, Breakfast, and Naden.

[youtube]O1qgUZdjT1Youtube][/QUOTE]yeah I know...kind of hoped you'd say ''that's me''[img]//assets.bodybuilding.com/forum/images/smilies/biggrin.gif[/img]

How do some of these TA guys determine which MA they're going to use? lol Seems like each week, I'm now seeing new ones being used. 9,12,26,30,50,100,200,360,1200...

Wtf

hmm, no one talks about ETH? My prediction is $560 is the pivot point. If pass 560 and stays for 1 day and more, than will go up to 700, otherwise will go back down.

here's how I approach it:
- Look at the chart through different timeframes with different MA's and see what you can conclude from there - for example for 1 coin you may conclude that it has been bouncing off the daily 50 EMA for weeks so you can use it as a strong support level

- For coins that are traded only on kucoin for example, the pre-set MA's on Kucoin seem to be the strongest reference points - simply because the vast majority of people looking at it are seeing them. Now if the coin is also being traded on another exchange with 10x the volume obviously it won't mean as much

- You'll always want to use at least 2 MA's, because you want to compare shorter to longer timeframes (for example 10 day MA vs. 100day MA) in order to recognize trends (shorter MA's crossing over long-term MA's = bullish signal)

- a lot of people only use whatever fits their agenda. Some bears will always find bearish indicators even in bullish markets, and some delusional bulls will always find a bullish chart even though they just lost 70% of their portfolio and are still bleeding (in other words, cope). So don't be too concerned with everybody's opinionliterally 5 posts up

and yeah my pivot point is just slightly higher

ETH on the move. lets go boyos

The flippening

Well, it wasn't too much concern about opinion. Moreso, why the heck someone would just randomly use a 1200 or a 365 EMA. I never in my life would have ever considered using that far of a sampling size. lol Just found it odd, outside of the usual indicators most people use.

You on tradingview? If so, maybe it's just me but there always seems to be new indicators being utilized/made.

apparently just a prank bro

ETH starting to show signs of strength again, I like it.

If you have a BNB balance and are trading on Binance, does it automatically take the fees from BNB (ie. .5% of BNB instead of full 1% fee of the traded coin) or is there a setting that has to be set?

When you trade using a bnb pair the fee is 0.5% and automatic. But just having a bnb balance doesn't give you the discounted fee.




I'm scared guys. I have a feeling we have a dump coming soon. Twitter is way too bullish right now.

Ok, so BNB has to be part of the trade in order to use the discount. I thought it would be available regardless of the pair being traded.

I use fib EMA's.. including some of the larger ones that don't get hit very often like 233, 377, 610.

Someone loading up right there...

Market cap closing in on 360b. We've added over 100 billion dollars in 2 weeks. We going to keep saying BTC is headed to 4k despite the constant daily growth because TA?

They always say, go against the herd.......srs.Do you do intraday trading? Not knocking you, just trying to understand the benefits of using fib numbers vs random hundred day averages. Do you trade more successfully? Signals more clearer than what one would typically see?So? Just as quickly as it's added, you've seen it come off. Yes, currently it is trending upward, but zoom all the way out on your charts. Bitcoin has NOT posted a single higher high in the big picture throughout this downtrend. You want to jump in in a level of confluence resistance, have at it.

No, you don't have to trade the BNB pair for the discount. Just go under account settings and select the option to use BNB for trades. If you have BNB in your stack then it will use it for fees afterwards

btw its 0.05%, not .5

I've done intraday almost exclusively, albeit only on stocks that were moving very quickly with volume. But yes I have found that those EMA's are more reliable, I mean those classic levels that the herd follows just get manipulated by MM's. Not sure how well it all works with crypto's though tbh.

Im not sure what you mean by this "bitcoin has not posted a single higher high throughout this downtrend"
What do you mean? It was 6500 Feb 5th. Its now April 19th and its testing 8300.

Yeah but 6500 wasn't a high. If you look at the swing highs and swing lows, it hasn't surpassed a previous swing high.

https://www.tradingview.com/chart/BT...y-to-take-off/(some random guy off tradingview with the entire structure in linear view)


What I mean is, from the start of the downtrend @19k'ish until this point, it is a series of lower highs the entire way down. So, technically, in the medium term as you stated it is making a higher high, BUT looking at the entire trendline down, until it breaks 9k again, it technically isn't a "higher high". I probably butchered that explanation, lol. If so, I am sorry.

Last high peak was around March 22nd. So, when we're saying it hasn't formed a higher high, in the bigger picture available - technically it hasn't. That is what many of us are waiting for; a breach of 9k or so before we're jumping back in. And even then, I may still wait a day or two.

Thanks for the explanation and the link, I'm reading it now. I'm only just starting to learn some of the basics of TA so most of this stuff is totally new to me. So in your opinion if BTC breaks 9k that signals a true market reversal and that's when you're ready to hop back in?