🔹This could take a bit to explain what i am seeing
🔹I am using:
🔸Yearly closes (Red Dots)
🔸Ranges taken from the closes, broken into Phases
🔸A Parabola linking the yearly closes
🔸Elliot Wave for wave structure
🔹The Phases double in Height each year. i.e.
🔸Phase 1 = 1 range height from open to close
🔸Phase 2 = double phase 1 in height*
🔸Phase 3 = double phase 2 in height*
*Gets more parabolic as time goes on
🔹The EW count puts us in the 4th wave of the 3rd
🔹The 4th is looking like a big running flat correction
🔹The 5th if taken as a 1:1 of wave 1, would take us to ~$200K
🔹The W4 correction will be a killer and make every think its over. BUT its NOT!
🔥Its not over, you BTFD at the previous w4 and #Bitcon MOONs!
🔥The Ranges and the Parabola meet perfectly
🔥The Fibonacci levels for the EW count fit nicely
🔥The End of Phase 3 and the Macro cycle at the end of 2021 will give us a:
1. What are Fibonacci numbers? (4 parts) 2. How are they used in Trading? (4 parts) 4. Using Fib Extensions (2 parts) 5. Using Fib Retracements (2 parts) 5. Using Time Cycles (2 parts)
🔹 Fibonacci numbers are a numerical series depicting nature’s expansion
🔹 The same number sequence appears all over throughout nature. i.e.
🔸 The number of petals on a flower
🔸 A snail shell
-- Educational - When is the next “Alt Season”? --
[An 11 Part thread, bear with it.]
1. What is Alt Season? 2. What is #Bitcoin Dominance? 3. How to interpret BTC.D 4. How to trade based on BTC.D pt.1 5. How to trade based on BTC.D pt.2 6. What is TOTAL2?
-- Educational - When is the next “Alt Season”? --
7. How to interpret #TOTAL2 8. How BTC.D and TOTAL2 can be used in conjunction Pt.1 9. How BTC.D and TOTAL2 can be used in conjunction Pt.2 10. What is the current state of play Pt.1? 11. What is the current state of play Pt.2?
-- What is “Alt Season”? --
🔹 A.k.a Altszn, is a part of the #cryptocurrency market cycle when many alt coins “moon”
🔹 "Mooning" is when a coin go up quickly in price
🔹 Basically an Altszn is when the Alts are out performing #BTC against the $
Content in Part 2:
🔹What are STO's ICO's & IEO/IDO's?
🔹Crypto Regulations at a glance
🔹How do i get started buying my first Crypto?
🔹Basic day 1 Crypto investment strategy
🔹Is #BTC/Crypto a Bubble?
🔹Crypto Slang
🔹What next?
-- What are STO's ICO's & IEO/IDO's?? /18--
🔹#STO - Security Token Offering
🔸 An investment contract which is backed by the security token
🔸 Token is asset-backed and represents ownership
🔸 Like a digital certificate much like the real-world stocks and bonds
-- What are STO's ICO's & IEO/IDO's?? Cont'd /19--
🔹#ICO - Initial Coin Offering
🔸 Used to launch a service or product like a new #cryptocurrency token or an app
🔸 Similar to IPO (Initial Public Offering) which is used by a company to raise funds on the stock market
Content in Part 1:
🔹What is a #Cryptocurrency?
🔹How many Cryptocurrencies are there?
🔹Types of Cryptocurrency
🔹What are real world applications of Crypto?
🔹Pros and Cons of Crypto?
🔹Crypto, the future of Finance?
🔹A cryptocurrency is a form of digital asset based on a network that is distributed across a large number of computers
🔹Decentralization allows them to exist outside the control of governments and central authorities
🔹Cryptocurrencies have many real word applications, i.e. secure payments online
🔹"Crypto" refers to the various encryption algorithms and cryptographic techniques that safeguard the entries
🔹The most widely known Crypto is #Bitcoin
🔹Extremely useful in understanding how over heated the leveraged market is at any one time
🔹Below 0.01% / green are bullish
🔹Above 0.01% / red are bearish
🔹At 0.01% is neutral
-- Trading Resources - Live large trade ticker 3 of 14--
🔹Live cryptocurrency trades visualizer
🔹large orders and liquidations in realtime across multiple exchanges
🔹I have it pined to the left of my screen and set it to notify me large orders
🔹E.g. $BTC $ETH
🔹Features
🔸Immutability - Can't change the ledger
🔸Enhanced Security - near impossible to hack due to distribution
🔸Faster Settlement - Faster than boomer payment systems
🔸Concensus - supports lots of different consensus mechanisms
-- BLOCKCHAIN #2--
🔹How does it work?
🔸Transaction executed
🔸Network node verifies it
🔸Unique hash ID allocated along with transaction hash
🔸IDs are stored on the ledger
🔸Transaction is now immutable