A project I recently got back into after a few months of waiting .. @moonrabbitAZ .. Few things they’ve done which I’m excited about :
A thread 🧵 1/4
2.
They have just released their #Defi 2.0 jurisdiction which offers a generous 1500 - 3000%. This is offered to those staking popular #Cryptocurrencies such as $AAA $BAT $BTC and $ETH and #Stablecoins
3. The #Defi 2.0 jurisdiction will enable users to take trust less loans, by providing one #Crypto asset as collateral and borrowing another one at a fixed interest rate 🤝
4. The platform itself is highly accurate and transparent 💯 The platform calculates on a per second basis, not per block as per most other platforms
Ok so what is the #Ethereum Merge and how will it inevitably be bullish for the ecosystem
Incoming 🧵 1/453
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So the Merge is the combining of the existing layer of the #Ethereum network along with the new POS (Proof of stake) consensus layer, the Beacon chain 🤝
Remember the 3 benefits this brings ..
Scalability, sustainability and more importantly security 💯
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The merge itself is expected to be introduced Q3 / Q4 of 2022. This is the biggest upgrade to date for the #Ethereum network .. Now how does this transaction bring with it a bullish case. Well listen up legends ‼️ ... 5 stages are being implemented :
I am going to share two of my favourite methods of how you can enter a short position safely. I see this as being more appropriate to teach now as everyone is trying to short this move up ..
Please share and retweet and get the word out .. Here we go .. 🧵 1/5
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So to begin, what does it mean to short something ..
' A short position is when you bet for a stock, share to decline in price and depreciate ' .. As opposed to a long position, where we bet for a stock price to appreciate 👍
3/5 - Method #1 - Shorting a break in Market Structure
This method simply requires patience. Here you will first look for a break in market structure, i.e a lower low .. We will then be interested in shorting the lower high (Fails to break prior high)
Few things to do in a #Crypto bear market that will help you legends with entries .. A 🧵
1 : First thing i like to do is to research the numerous different #Altcoins and what fundamentals they have that set them apart from the competition
This will allow you to also map out the possible trends we could see in the next bull run. #ZKrollups is one of them
2 : The next step is to look at the charts of the #Altcoins you have seen as the next big movers.
Map out the demand zones on the weekly chart and look for reactions in these areas. For long term plays i like to ladder in say 20% on each test down .. Then rest on reversals 😎
I felt this was a thread I needed to post as I get many DMs unsure of how, and when to take profit.
Taking profit is very important and without doing it you don’t make money .. Simple as that ‼️
Please like and retweet if you find this helpful ❤️
Now taking profit will be something unique to different people. Reason being is some people are investors (Holding assets for years) .. Or some people are traders and will take profit depending on whether they are swing trading or scalping ‼️
So to keep it simple I am just going to go over different techniques or when to take profit. And these can be applied to different strategies and time frames .. So let’s begin legends
So let's start with the definition .. Market structure is simply price action and we can determine whether an asset is Bullish or Bearish based off the market structure
Please like and retweet if you find this guide helpful legends ♥️
1# - 2 Types of Market structure
- Bullish Trend : This is demonstrated by a series of higher highs and higher lows
- Bearish Trend - This is demonstrated by a series of lower highs and lower lows
2# - Bullish Trend
So a bullish trend is a series of higher highs and higher lows. Once a higher high is printed (Which means that price has appreciated past the prior high in the trend), we then need to look for a higher low to safely enter a long