Forwarded from Cryptonary Members
A typical market would take a very long time to reverse, while moving between levels. But knowing XRP and based on its “personality” it’ll likely cut through levels like a hot knife through butter in a short period of time but that also means the pump (while potentially massive) can be short-lived. Also if $0.90 is taken out there are very few levels other than the absolute 2017/18 peak to stand in the way, but that’s a story for another day. Don’t get ahead of yourselves and trade what the market is giving you without greed. This is an example of the difference in behavior between normal markets and XRP.
Forwarded from Cryptonary Members
Not only is funding expensive for nothing, today a lot of people got stopped out/liquidated for nothing
Forwarded from Cryptonary Members
Take care of your capital and it will take care of you. For those asking where we’re trading this, the answer is FTX. Why?
⁃ Great team (Alameda Research, 7,000BTC+ profit on BitMEX; holding two spots on the leaderboard)
⁃ Best UX, simple to use
⁃ Zero crypto deposit/withdrawal fees
⁃ Spot & Futures on the same platform
⁃ Can hold all collateral in anything you want, even XRP! (Hold all capital in XRP and trade ETHPERP, BTCPERP, VETPERP, etc..)
⁃ Great liquidity
⁃ This is the start of a new bull-run, we need access to the newest assets & FTX has proven to be the fastest to list new assets
Respect your capital and go where your interest is, sign up here for a discount to FTX.
⁃ Great team (Alameda Research, 7,000BTC+ profit on BitMEX; holding two spots on the leaderboard)
⁃ Best UX, simple to use
⁃ Zero crypto deposit/withdrawal fees
⁃ Spot & Futures on the same platform
⁃ Can hold all collateral in anything you want, even XRP! (Hold all capital in XRP and trade ETHPERP, BTCPERP, VETPERP, etc..)
⁃ Great liquidity
⁃ This is the start of a new bull-run, we need access to the newest assets & FTX has proven to be the fastest to list new assets
Respect your capital and go where your interest is, sign up here for a discount to FTX.
Cryptonary
Simplicity is key, give me a new market structure and I am all ears. Here we have non-other than XRP breaking the bearish structure that started and lasted since 2018. For the first time both a higher low and higher high are set in stone on the monthly chart…
For anyone who joined to view the XRP analysis.
This was the first part of the analysis, so click and read this first and then read the rest.
🚀🚀🚀
This was the first part of the analysis, so click and read this first and then read the rest.
🚀🚀🚀
Forwarded from Cryptonary Members
Past few weeks have been filled with opportunities, many of which we shared here or in Weekly Technicals. Most successful of which were:
- ETH
- LTC
- XRP
- ETH
- LTC
- XRP
Forwarded from Cryptonary Members
A new asset has recently entered the crypto-market: Polkadot (DOT)
The project has been in development for a while. It's developed by Ethereum's co-founder Gavin Wood (head of the team) and backed by the foundation he founded: Web3 Foundation.
Shortly put, it offers a faster smart contracts platform or a "faster alternative to Ethereum".
Questions:
Will it de-throne Ethereum? Unlikely
Will it beat all Ethereum copies (Cardano, Tron, EOS)? Very likely
It will have its place in the market, due to both the innovation and recognition of the project.
The project has been in development for a while. It's developed by Ethereum's co-founder Gavin Wood (head of the team) and backed by the foundation he founded: Web3 Foundation.
Shortly put, it offers a faster smart contracts platform or a "faster alternative to Ethereum".
Questions:
Will it de-throne Ethereum? Unlikely
Will it beat all Ethereum copies (Cardano, Tron, EOS)? Very likely
It will have its place in the market, due to both the innovation and recognition of the project.
Forwarded from Cryptonary Members
As you can see it's been on the market for a short period of time which tends to make it difficult to trade (no historic data) but there's something there 😉
Forwarded from Cryptonary Members
BUT derivatives do not deal with the underlying itself and are P2P contracts, which is where perpetual futures (DOTPERP) come into play.
Forwarded from Cryptonary Members
After a period of quick expansion, DOTPERP has entered into a much needed consolidation to take a breather before another likely leg to the upside.
This bull-flag has a technical target of just over $270. However, as it is in price discovery this can extend much further.
This bull-flag has a technical target of just over $270. However, as it is in price discovery this can extend much further.
Forwarded from Cryptonary Members
DOTPERP is currently only available to trade on FTX. One of the main reason this exchange works so well is that they bring the coins we need when we need them. If you're not on there you can sign up right here. https://ftx.com/#a=Cryptonary
Forwarded from Cryptonary Members
On August 18th (in 10 days), all the investors that helped Polkadot raise money by buying DOT will have their tokens unlocked. This is similar to a "sell the news" event.