Mux
Open Trade
High-Frequency Trader
4 Years
Bullish on Crypto | Follow for Tips and Tricks | Charts and Sticks | Rhymes and Memes | + more | In the green on Binance
25 Following
3.2K+ Followers
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#CryptoStocks Circle IPO is not the first crypto stock of its kind. I think coinbase was and it has been a successful venture so far!
With Fiat inflows into crypto, crypto will be standing on fiat support until full adoption is achieved .
With Fiat inflows into crypto, crypto will be standing on fiat support until full adoption is achieved .
#FOMCMeeting If the cut rates today it will be good for the markets and Bitcoin could reach a new all time high
MACD on the 4hr chart looks good for Bitcoin. Hopefully the bullish trend continues up to $110k and past. They predict it could go up to $130k before the beginning the bear season. $BTC
#TrumpBTCTreasury While Trump companies accumulating some Bitcoin is a good thing, It raises poignant questions on conflict of interest. This calls for more crypto regulation to avoid such questions in the future.
$BTC MACD seems to be on a recovery at the 4hr chart. KDJ is already positive on the same chart. This signs of a market recovery could bring the whole market back up.
#TradingTools101 When the DIF line crosses over upwards over the DEA line it brings a positive MACD meaning the trend is highly likely going to be bullish. The reverse also applies.
This can also be observed on KDJ when the K line crosses upwards over the D line. The reverse also applies.
Note that even though MACD and KDJ indicators move in the same direction they sometimes give contradictory signals as MACD is a lagging indicator showing market movement after it has already happened while KDJ is a leading indicator showing the market movement before it happens. Therefore experience and tact is key here.
KDJ predicts markets more accurately in the short term and can be very useful for scalpers looking to make quick entry and exit points.
It also supports the function of RSI showing overbought and oversold market conditions with the K and J lines.
KDJ can predict a fall or rise earlier especially in the smaller time frames which can be noisy for a trader looking to stick to an asset longer. MACD can be a bit steady in these predictions so tactfully using the two together is key.
This can also be observed on KDJ when the K line crosses upwards over the D line. The reverse also applies.
Note that even though MACD and KDJ indicators move in the same direction they sometimes give contradictory signals as MACD is a lagging indicator showing market movement after it has already happened while KDJ is a leading indicator showing the market movement before it happens. Therefore experience and tact is key here.
KDJ predicts markets more accurately in the short term and can be very useful for scalpers looking to make quick entry and exit points.
It also supports the function of RSI showing overbought and oversold market conditions with the K and J lines.
KDJ can predict a fall or rise earlier especially in the smaller time frames which can be noisy for a trader looking to stick to an asset longer. MACD can be a bit steady in these predictions so tactfully using the two together is key.
#TradingMistakes101 Not understanding charts, candlesticks and their patterns is the biggest crypto trading mistake. Because buying an asset that's about to fall is pushing a door that says pull. It will not go in your favour!
#CryptoSecurity101 I avoid clicking on a link do not trust. I do not share my passwords. Or my devices to stay secure.
#CryptoCharts101 The 4hr chart is key for me when trading.
When the MACD crosses over downwards at the 4hr chart, there is a high likely hood that an asset is going to fall. If this happens for Bitcoin, the whole market could fall with it.
When the MACD crosses over downwards at the 4hr chart, there is a high likely hood that an asset is going to fall. If this happens for Bitcoin, the whole market could fall with it.
Binance has the lowest #CryptoFees101 in the market. Lower even when you use BNB to pay fees.
In some instances some transactions are also free. Crypto fees are a determinant of profits or losses as with less fees a trader takes home more.
In some instances some transactions are also free. Crypto fees are a determinant of profits or losses as with less fees a trader takes home more.
#BigTechStablecoin More crypto adoption when the big tech companies integrate stable coins to their payment systems. It will be cheaper for senders and seem less.
Satoshi would be proud!
Satoshi would be proud!
Both MACD and KDJ are positive on the $BTC 4hr chart. This is good news. They are projecting that this cycle could go up to $140,000 and then a three year bear market will set in.
Before then we will have alt season.
Before then we will have alt season.
#TrumpVsMusk Elon should have been wise enough to know better than to trust a man who has rug pulled many of his allies. The Donald always gets his way. The two deserved each other!
#TradingPairs101
When choosing a pair to trade , I make sure it has enough liquidity and is moving at the moment.
When choosing a pair to trade , I make sure it has enough liquidity and is moving at the moment.
This $USDC pair is currently on a recovery
Fingers crossed 🤞
Fingers crossed 🤞
SOLUSDC
100X
Long
Unrealized PNL (USDT)
+2348.00%
#CircleIPO is testament to how crypto is being intertwined with Tradfi. And how a relationship between the two can be fruitful. More USDC perpetual contracts moving forward.
#OrderTypes101
Market orders give you an entry and exit price at market rates.
I prefer market orders because they have a higher chance guarantee if your order being fulfilled.
Market orders give you an entry and exit price at market rates.
I prefer market orders because they have a higher chance guarantee if your order being fulfilled.
$BTC MACD is positive at the 4hr. If this trend continues the overall market could recover with it. This could be the last bullish leg for Bitcoin before the beginning of the bear season.
#CEXvsDEX101 Centralised exchanges are easier to navigate than decentralised exchanges especially for novice traders.
Centralised exchanges help push for crypto adoption more because of this simplicity in navigation.
Centralised exchanges help push for crypto adoption more because of this simplicity in navigation.
#TradingTypes101 Spot markets offer the least amount of risk as you only stand to lose the percentage the market moves at.
When trading margin and futures you stand to lose more when the market goes against you since you are using leverage (borrowed funds from the exchange) unlike in spot trading where you are only using your funds.
When trading margin and futures you stand to lose more when the market goes against you since you are using leverage (borrowed funds from the exchange) unlike in spot trading where you are only using your funds.
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