Interesting thing to note in terms of sentiment:
The talk has been all about funding rates this week. This is because they are at the highest point they've been in like 2 years (was negative most of 2022/23).
Funding rates are usually high during strong bull trends and were much higher than they are now for weeks/months on end in 2021. It's not an immediate sign for caution but is signalling the first signs of some slight overheating.
Funny thing I wanted to mention is that my feed is more about people joking about funding rates and saying it doesn't matter AT ALL instead of actual takes/analysis on it. Feels like people are becoming a bit overconfident and are starting to disregard everything without even looking into it.
Just something to keep an eye on. When the average market participant stops caring about resistances, funding rates, overbought signals etc and is joking about it then that's often a sign that we are actually due for some cooling off lol.
Anyways, just chopping so we wait 🙂
@CryptoRROFFICAIL
IOTX / USDT
➡️LONG NOW
Leverage X10 X25
Target :
TARGET 1 : 0.026$
TARGET 2 : 0.029$
TARGET 3 : 0.032$
TARGET 4 : 0.035$
STOP : 0.021$
@CryptoRROFFICAIL
🟢🟢Its supply, circulation and total supply are similar to MASK.
IOTX
is one of the strongest altcoins in the market with many partnerships.. 🔥🔥
@CryptoRROFFICAIL
SPOT
Beautiful bullish breaker on week timeframe. Worth waiting for to take spot entry for mid/long term. Calculation below is for highest entry point. If you spread orders by ladder
🛒 Buying AVAX under 13.8
💩 SL below 8.5 (risk 38.41% - invest 2.6% per 1% capital risk)
Risk Reward levels:
R1 - 19.1 (SL to BE)
R2 - 24.4
R3 - 29.7
R4 - 35.0
R5 - 40.3
R6 - 45.6
⏰ Setting alarm for dip under $14
#AVAX #signal
@CryptoRROFFICAIL
MATIC is down by around 2.50% today. This isn't bad by any means - it's a nice little correction. MATIC is now also approaching the 0.84 dollar level, and I'm considering laddering some longs here.
What I don't like about this trade idea is the relatively high loss of 20% if I use 10x leverage. This could be compensated by using lower leverage, but that also impacts the potential upside.
Just keeping an eye on this for now.
https://www.tradingview.com/x/AbsIhh6U/
@CryptoRROFFICAIL
ETHUSDT - LONG (compound setup)
Entry: $2,040-2,100
Size: $1M
SL: H4 close below $2,000
T1: $2,300-2,350
T2: TBD
Chart:
https://www.tradingview.com/x/PF8nYhsH/
@CryptoRROFFICAIL
Adding SOLUSDT to the mix.
Entry: $41.25-40.50
Size: $500K (up to $800K)
SL: H4 close below $39
T1: $46-47
T2: TBD
Chart:
https://www.tradingview.com/x/TGbjnKTg/
@CryptoRROFFICAIL
AUDIO / USDT
LONG NOW
Leverage X10 X25
Target :
TARGET 1 : 0.21$
TARGET 2 : 0.22$
TARGET 3 : 0.23$
TARGET 4 : 0.26$
STOP : 0.174$
@CryptoRROFFICAIL
Its supply, circulation and total supply are similar to MASK.
AUDIO
is one of the strongest altcoins in the market with many partnerships.. 🔥🔥
@CryptoRROFFICAIL
Regarding my previous post: Here's Ripple's entire price history. I marked every time XRP pumped and lost all its gains again the the following days or weeks. I counted 35 times this happened - and once when it didn't happen (big pump in 2017).
Will this time be like the 35 times before, or will XRP actually keep these gains? I personally think XRP will be right back down below 0.50 dollars in 2-3 weeks at most.
https://www.tradingview.com/x/yxk8cQbA/
@CryptoRROFFICAIL
#bch
There will probably be a small rise which is worth trading in my opinion
@CryptoRROFFICAIL
#BTC/USDT ANALYSIS
BTC is currently trading within an ascending triangle pattern, accompanied by a deviation move on a 2-hour timeframe. The MA 100 is serving as a support level. It is crucial to monitor a significant breakout or breakdown to confirm the short-term direction.
@CryptoRROFFICAIL
➡️Despite Bitcoin's retreat MASK is still among the highest risers.
He will rest and push higher 👍
@CryptoRROFFICAIL
EURUSD
Shorted EURUSD
Entry 1.0685-1.0692
SL: 1.0704
TP: 1.0635
https://www.tradingview.com/x/fFJ9sugS/
@CryptoRROFFICAIL
➡️IOTX
just start moving . You can't miss it now
Keep an eye on and AUDIO USDT
@CryptoRROFFICAIL
🟢🟢IOTX
just start moving . You can't miss it now
Keep an eye on and AUDIO USDT
@CryptoRROFFICAIL
🟢🟢
New Setup from #RR VIP
I bought the altcoin in the photo for $0.02532
My targets will be $0.029 and $0.031
@CryptoRROFFICAIL
Solana is currently trading inside a descending triangle with a theoretical target of around -11%. This lines up perfectly with potential support at 49 dollars. With a SL at 48 dollars and around 10x leverage, this would come with a risk of around 17%. Upside is also looking pretty decent here.
I'm not setting any orders before this triangle is playing out, but I'm keeping an eye on it.
https://www.tradingview.com/x/2scFdYyz/
@CryptoRROFFICAIL
If $ETH flips this resistance on weekly, it will directly teleport towards 3k$ as there is no resistance in between.
@CryptoRROFFICAIL
BLURUSDT - LONG
Entry: 0.345-36
Size: $100K (sizing up to $300K)
SL: H1 close below 0.34
T1: 0.44-0.45
T2: TBD
Chart:
https://www.tradingview.com/x/sW7xaV3H/
@CryptoRROFFICAIL
🟢
AUDIO
just start moving . You can't miss it now
Keep an eye on and AUDIO USDT
@CryptoRROFFICAIL
🚨🚨
New Setup from #RR VIP
I bought the altcoin in the photo for $0.1886
My targets will be $21 and $23
@CryptoRROFFICAIL
Ripple is up by 53% over the past 19 days, which is huge. I would not at all be surprised if XRP does what it almost always does: Lose all of its gains again over the next few days and weeks.
I'm considering entering a low-leveraged short position.
https://www.tradingview.com/x/MzYTgDLc/
@CryptoRROFFICAIL
#cfx 3d
Securing the 0.17 area would give us a good chance for a long position
@CryptoRROFFICAIL
✔️I discussed MASK in more detail yesterday, and as we expected, the coin experienced a notable rise.
We've achieved quick profits in less than 12 hours.
The entry was at the price: $2.92.
The current trading price: $3.46.
This means a profit of nearly 20%.
Make sure to activate notifications for the channel and be ready; we will soon present similar opportunities for a coin like this."
https://www.tradingview.com/x/oFloFyIZ/
@CryptoRROFFICAIL
🛒 Taking ADA Short above 0.2941 Taking ADA Short above 0.2985
🛒
💩 SL above 0.3052 (risk 2.24% - invest 8.5% per 0.1% capital risk)
Risk Reward levels:
R1 - 0.2919 (SL to BE)
R2 - 0.2852
R3 - 0.2785
R4 - 0.2718
🎯 TP 0.266-0.272
Edited: First bounce got to 0.2932, so lifting entry up.
#ADA #signal
@CryptoRROFFICAIL