📊 Here is the chart of Average Bitcoin Production cost right AFTER the Halving for different companies!
It varies from $36,800 to $62,800 with the average price of ~$40,000.
It means that if Bitcoin doesn’t run strictly upwards right after the halving, many mining companies will be in loss.
📍 "Profit/Risk Ratio" - what is it and how to use it?
Professional traders use the profit/risk ratio to estimate a possible profit in relation to a possible loss. In order to understand how much is the profit/risk ratio, the trader needs to determine both potential profit and potential loss. The potential risk is the difference between the entry point in the position and the stop order. The potential profit is the difference between the entry price and the target order.
🔎 If you buy Bitcoin at $6900, place a stop order at $6800 and take profit at $7200, the risk will be $100 ($6900 - $ 6800), and the profit will be $300 ($7200 - $6900).
Comparing the risk with the possible profit, we get the ratio: risk/profit = $300/$100 = 3
If the ratio is bigger than 1.0, it means that the profit is bigger than the potential loss.
Why is it useful?
📊 Let's use the statistics.
The table below shows the dependence of the probability to lose the whole deposit on the accuracy of your trades and the profit/risk ratio in each trade. So, we can see that even if your strategy has only 60% accuracy, but at the same time, the profit/risk ratio is at least 1.5:1, you can already be sure that you will not lose all your money. But if the ratio is 1:1, with the same 60% accuracy, the probability of losing the deposit with a series of unprofitable trades is already 12%
🎥 TOP 7 AI CRYPTO ALTCOIN — 2024 [Don't Miss Them]
We made a video where considered 7 of our favorite AI Altcoins (one of the main narrative of 2024), including those ones that can bring up to X50 profit from current price!
Please like and leave a feedback 🙏
Make sure to check it out: https://www.youtube.com/watch?v=VBHNqYztkuk
🔥 #LINK broke out of the horizontal channel, as expected! Printed +15% profit on spot so far, closed 1/3 of the position here
The rest is on hold!
Strongly believe AI will have a great hype, especially in Q2 - Q3 of 2024, once more strong AI projects will come out on the market!
https://twitter.com/Robert_Klondike/status/1753094173924671984
❗️Buying #LINK here!
The price is making another attempt to break the $16.7 resistance, this time chances of breaking are quite high!
The impulse is strong enough to do it since it broke two descending local trend lines already.
🐝 Meanwhile, Bitcoin is forming an inverse H&S pattern!
Buying makes sense only after positive reaction on the support (neckline) happens.
https://x.com/robert_klondike/status/1752994984192528388?s=46&t=fOJ6auVDETiVp3qLNTsBKg
🐝 BTC UPDATE
The main support is $41,650, as long as the price stays above it, bulls run this party.
At the moment the price is stuck between $42,500 support and $43,900 resistance. The resistance is quite strong. Breakout of one will immediately send us to the $44,700.
In fact we are located inside the big horizontal channel ($37,000 - $45,000), I wrote about it in the 1M update. That's why Bitcoin might act a bit chaotic.
🐝 BTC 1M UPDATE
Bitcoin is currently stuck in the same range where it was at the beginning of 2022 (after the bullish cycle).
Usually, such corridors that used to serve as a distribution range on the way downwards, serve as a consolidation range on the way back upwards.
So, what I am trying to say is that we can stop in the $37,700 - $45,500 range for quite some time to accumulate powers before going further upwards.
🐝 Bitcoin is forming a Wyckoff Accumulation pattern on a 12H chart!
This is a bullish pattern, but before buying we need to get confirmation — reaching SOS point ($45,000 mark). The perfect entry will be on retest.
As long as there is no confirmation, the setup can be invalidated at any moment.
Great #DEFI listing! 177% profit on top, almost x2 at the moment.
The further growth is inevitable after sell pressure stops.
🍾 Want to remind you that the listing of $DEFI is already TODAY! In just 2 HOURS (10 AM UTC)!
The project will be listed on the following exchanges: ByBit, KuCoin, HTX, Gate, MEXC, Bitget & Bitmart
Make sure not to miss this event AND not to miss an opportunity to participate in a $400,000 AirDrop by Defi
✍️ Tendency of Crypto Bull Cycles Duration Shrinking
We just published a new Medium Article where analysed different Bitcoin Monthly Charts and drew conclusions. There you will find our answers on such questions as:
➊ When will the current ATH ($69,000) on Bitcoin be reached?
➋ Where and when will Bitcoin set a new ATH?
➌ When will the current bull market in crypto come to an end?
I believe you will be surprised by what you read! You're welcome: kankordia/tendency-of-crypto-bull-cycles-duration-shrinking-bec4f3fe87bd" rel="nofollow">https://medium.com/@kankordia/tendency-of-crypto-bull-cycles-duration-shrinking-bec4f3fe87bd
🔥 #TIA reached the second target, made +65% profit with x5 leverage! Stop loss moved above the entry.
Читать полностью…@CryptoRichard - just a shout out to my very good friend who makes a really amazing analysis and run one of the best crypto channels in Telegram.
Читать полностью…🙏 Also Made Some GOOD Profits from #AVAX!
Today we also we published a LONG signal on #AVAX in the Premium Klondike Channel. As you know, it pumped today and reached ALL our targets, we printed +125% profit from this one!
🎖 Join our Premium Klondike Channel now. For more info please write to me @kankordio or visit our website https://klondikepro.com/
🪐 #JUP UPDATE
Jupiter cooled down after the listing, Airdrop and team tokens were sold by those who wanted to sell.
More likely there will be some consolidation in the $0.5 - $0.6 range and then bounce upwards….
…towards the 1$ target
🏁 #PYTH finally pumped after 2 weeks of holding and printed +65% profit on spot!
The pump happened thanks to the Binance listing. Rumors worked out. Closed 1/2 of the positon, stop loss moved into profit zone.
👀 We are still holding our #DYDX position. The setup is still valid.
By the way, #1 trader by PnL on Binance is also holding some LONG position and keeps building.
✍️ Yesterday's Bitcoin ETF flows show a net inflow of $197 million!
Monday's flows have been adjusted to $135 million, it was $250 million first but Fidelity got adjusted. Still a very solid positive week.
Price is down now mostly because of FOMC yesterday with JPow saying it doesn't look like cuts will happen in March. Other "bearish" news was Celsius announcing that $3 billion will be distributed back to creditors.
🩵 Lets see how we end this week with inflows: we're currently at $579 million net inflows this week. If we can get ~200 million today and tomorrow we'll end up with solid net inflow of $1 billion in a week.
Don't be fooled by local fluctuations.
🥶 Binance was forced to change CEO, while ByBit and KuCoin added mandatory KYC and also faced some FUD. They are NOT SAFE anymore.
We decided BingX to be this safe place for us.
Nowadays you always have to be focused and look for fresh exchanges that are not under federal control yet. We were looking for a trusted exchange since the Summer 2022 and found BingX this Spring. Since then we hold 60% of the deposit there.
There is no KYC mandatory for $50,000 and a welcome bonus of up to $5,125.
👉 Here is our referral link to get bonuses: https://bingx.com/partner/CryptoKlondike
🩵 FTX is going to PAY CRYPTO CUSTOMERS in full in bankruptcy liquidation
Source: https://twitter.com/News_Of_Alpha/status/1752724209678029156
🎖Orange made an Amazing Listing considering 100% tokens unlock!
IDO price: $0.06
Highest price: $0.25 (+320% profit)
Current price: $0.13 (+116% profit)
🧡 Meanwhile, there is Orange Crypto (#ORNJ) listing today as well!
The listing will take place at 12 PM UTC on 5 exchanges: Bitmart, Gate, MEXC, Bitget and others! With the team having invested significant funds to ensure deep liquidity, the listing is expected to be robust!
You can also pre-install the beta version of the Orange Wallet for storing #ORNJ tokens!
🦋 ETH/BTC UPDATE
The price is retesting broken trend line which is definitely a bullish sign for Altcoins!
As you can see, we tried to break it two times before and succeeded on the third attempt!
Must bounce from there on bullish news regarding Ethereum ETF approval in Q2 2024.
🔥 PRINTING PROFITS EVERYDAY — #SOL!
Yesterday we published a LONG signal on #SOL in the Premium Channel. After it grew up, reached ALL targets and by now printed +120% profit with x25 leverage!
🧐 Want to join Klondike Premium Channels? Write me @kankordio or visit our website https://klondikepro.com.
❗️Buying some #DYDX here!
The price has broken through the $2.8 resistance level and taking hold there.
After some short consolidation, it must go upwards and break the Bullish Flag!
🏁 #SOL reached the first target and keep moving further upwards!
Printed +70% profit so far, stop loss moved into breakeven!