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Technical Analysis Sat Jul 28 09:26:59 2018 No.10458317 [Reply] [Original]

The market is now maturing... For the brainlets that don't get it.
If you think technical trading is hard just wait till ETF's are approved and wallstreet joins the party.
There is a high probability that 80% of the all the shitcoins are going to fade to into oblivion by end of december.
Anyone with a half decent brain will understand that shitcoin hodlers will convert their alts for Bitcoin . Demand will for bitcoin will skyrocket.
What is a up-trend? Nothing but then a supply/demand imbalance. Limited supply - high demand - price rise.

I'm looking for like-minded people that can think logically about these issues.
We are going to see major change in the upcoming months. To be honest I'm a bit scared.

Take advantage of the volatility while you can. It's perfect for swing-trading / scalping.
This volatility is a god-send for traders like myself but I don't expect that too last once the market hits 1 trillion by 2019.
I suggest you either HODL or start practising T.A because you will need it in the future.

telegram : highrollerz

check my chart - price did consolidate at HVN $8200 Point of control.

>>	Anonymous Sat Jul 28 09:28:37 2018 No.10458337 File: 315 KB, 496x360, 435234532.png [View same] [iqdb] [saucenao] [google] >Wallstreet is coming! >We just have to wait

>>	Anonymous Sat Jul 28 09:35:22 2018 No.10458394 File: 34 KB, 480x360, Tone-vays.jpg [View same] [iqdb] [saucenao] [google] This man says BTC is likely going down to around 1k

>>	Anonymous Sat Jul 28 09:39:28 2018 No.10458425 >>10458394 >ICO bubble 2018 >80% of the utility tokens are worthless. >Majority of the shitcoin holders will convert their loss back to ETH/BTC.

>>	Anonymous Sat Jul 28 09:41:01 2018 No.10458439 File: 105 KB, 1280x960, photo_2018-07-27_14-46-33.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Sat Jul 28 09:43:20 2018 No.10458470 >>10458425 >Not enough BTC supply to substitute for the shitcoin storm. High demand - limited supply. Logical thinking 101

>>

Anonymous Sat Jul 28 09:54:17 2018 No.10458546
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>>10458439
>>10458425
>>10458470
Are you trying to tell us that you are going to single-handedly pump bitcoin to 1Mil by market selling your entire stacks of ICX, ELF and EOS??

>>	Anonymous Sat Jul 28 09:56:07 2018 No.10458567 >>10458439 domp it

>>	Anonymous Sat Jul 28 10:01:10 2018 No.10458612 I agree with you OP, tell me how do you prepare for the etf announcement and what price action will trigger your trade?

>>	Anonymous Sat Jul 28 10:01:35 2018 No.10458614 An ETF will never get approved. Alts are not going anywhere.

>>	Anonymous Sat Jul 28 10:01:46 2018 No.10458615 >>10458317 >There is a high probability that 80% of the all the shitcoins are going to fade to into oblivion by end of december. Can't wait for the exit pumps

>>	Anonymous Sat Jul 28 10:11:28 2018 No.10458679 >>10458317 whats your telegram community channel, not just your announcement one

>>

Anonymous Sat Jul 28 10:11:45 2018 No.10458683

>>10458612
>>10458546
>>10458567
>>10458615
>>10458614

I'm bullish on Aelf, EOS, ICX from a technical analytical view.
I don't care about the tech, all I care about is taking profit while BTC is getting pumped to oblivion.
80% of the shitcoins will be cleansed from the market. I'm talking about coins like Moeda, HempCoin, Paragon, whitecoin, gaymoney.
It will happen... disgruntled shitcoin holders will eventually sell their shitcoin at a huge loss for Bitcoin/Ethereum.

>>	Anonymous Sat Jul 28 10:15:54 2018 No.10458720 File: 5 KB, 293x66, 2222.jpg [View same] [iqdb] [saucenao] [google] >>10458679 I just started this group... i have 12 members in my group no one is talking

>>	Anonymous Sat Jul 28 11:57:39 2018 No.10459674 Are AION, ICX .WAN shitcoins?

>>	Anonymous Sat Jul 28 12:09:36 2018 No.10459788 >>10459674 I don't know neither do I care...as long there is demand I will buy and resell.

>>

Anonymous Sat Jul 28 12:10:16 2018 No.10459797

>>10458683
shitcoins on major exchanges are pretty safe desu
once btc gets pumped, shitcoin prices will drop but as long as theyre tradable btc value will eventually distribute back into shitcoins.
if anything a larger degree of decoupling between btc and alts should happen after a giant btc pump/alt dump sometime early next year when etfs get approved.

>>

Anonymous Sat Jul 28 12:30:38 2018 No.10459974

>>10459797

The liquidity and volume is a major issue on exchanges like binance. I'm trading volumes that have 5-6 figures. Getting your orders filled can hours or day. That is why I don't trade shitcoins with low volume. Minimum of 10 million to ensure liquidity.
Selling 200k worth of bitcoins it won't take me hours.
Imagine selling a shitcoin like 1000000 MDA on binance, prob will take days or weeks.

>>	Anonymous Sat Jul 28 12:33:14 2018 No.10460003 >>10458615 You missed them they were in February and May.

>>

Anonymous Sat Jul 28 13:04:27 2018 No.10460350

>>10459974
Staying away from low vol shitcoins is a good idea regardless of liquidity or your trade stack. The market is saturated with worthless coins and the adoption rate isnt nearly enough to the point where honest shitcoins arent even distinguishable from scamcoins.
Binance has way too many shitcoins, but unless any of them get delisted they probably wont 'disappear'. There will always be a schmuck to buy shitcoins at ultra low prices as long as its available. This usually happens after btc pumps. At least binance largely takes supply/liq into consideration when listing coins.
Not sure which country youre based in but mine has 4-5 gov regulated exchanges and I trade on each one. You might wanna try the same if liquidity is an issue.

>>

Anonymous Sat Jul 28 13:08:19 2018 No.10460380

>>10458317
your meme lines are wrong, it predicts the "point of control" at around 8k at the end of august.
were at the end of july.
what point are you trying to make with those meme lines? i would draw new ones since these are wrong, they predicted this to happen 1 month from now, a pretty big mistake.

>>

Anonymous Sat Jul 28 13:12:01 2018 No.10460429

>>10458439
god damn OP you got some nice stacks of these shitcoins, since we have an actual TA thread mind giving some explanation on how and where you buy in for these? just starting to take trading more seriously now and its tricky to see which shitcoins are likely to bounce and which are just going to continue dumping into oblivion. Many alts right now have very similar charts but some of them just grind down and die

>>

Anonymous Sat Jul 28 13:13:08 2018 No.10460442

>>10458317
The problem is that all the ETF money people are so excited about is not exactly going to BTC, that's value moving into derivatives. Shit's complex is all I'm saying, but they don't need to be trading BTCs.

PS: Gann below Elliot waves, if it works for you wahatever

>>	Anonymous Sat Jul 28 13:17:01 2018 No.10460489 >>10458439 No Vet? GG

>>	Anonymous Sat Jul 28 13:28:21 2018 No.10460622 >>10460442 you mean futures? ETFs need to be backed by actual BTC

>>	Anonymous Sat Jul 28 13:40:02 2018 No.10460754 >>10458683 I agree. In fact, i just loaded up on FunFair in anticipation of this transition. I suggest you look into the technicals. I’ll check out your Telegram soon.

>>	Anonymous Sat Jul 28 14:29:06 2018 No.10461223 >>10460350 I'm located in europe and I can trade 24/7, np. It's safe, sticking with coins that have a ,large community. Coins like NEO, EOS, ADA have large communities. You won't have issues finding buyers.