Some interesting charts + Ideas of tokens I am invested in.

I've written my thesis or reasoning for holding most of these before but added some quick thoughts below as well.

$ACE
$VANRY
$INSP
$WINR
$SAVM
$IXS
$PLANET
$APP
$PORT3

Let's get into it 📈👇 $ACE - Classic Binance Launchpad/pool price action. Seems to be building a range down here.

Often these kind of coins range, break out and then rally to new highs. $10 level is important. Would like to buy the $7.3 sweep if we get it.

This is a good one for the GameFi Narrative

Open Interest in Crypto, Simplified 📚

You often see me posting charts with the Open Interest displayed below them.

Here's a quick thread about what it means and how it works 👇

🔖 Make sure to bookmark this thread for future reference. Open interest might sound complex, but it's really just a measure of how many futures contracts or options are active in the market at a given time.

So, total long + total short positions = open interest.

The All-in-One Guide to Friend Tech 📚

@friendtech has taken this space like storm. It's been getting a lot of traction, capital inflow and bringing up opportunities for everyone involved.

Here's all you need to know 👇 First off, it might be smart to 🔖 Bookmark this thread for future reference.

Let's dive straight in!

I suspect $SUI has to be for Binance what $SOL was for FTX/Alameda last cycle.

A new shiny layer 1 with lots of opportunities and no bagholders. Binance Labs has invested $300M at a $2B valuation into Mysten Labs, the company behind $SUI. This is their biggest investment in any outside project ever.

Beating Sky Mavis (Axie Infinity) by a two fold.

Emotions and Psychology While Trading 📚

Let's dive into the world of trading psychology! It's important to realise how our emotions can impact decisions and success in the market.

This thread could help you become a better trader 👇 😃 Excitement is common when we start trading crypto. It's new, thrilling, and there's potential for big gains. But beware - this excitement can lead to impulsive decisions. Stay calm and stick to a strategy.

2/10

My FOMC Playbook for Today 👇

Will shortly talk about my expectations and what would make most sense from the Fed's perspective. 🔸Pause (12.2% Probability)
Likely to see market react positively but I feel like this will also cause some fear and doubt as the question will be: Is there more broken than we know?

I may consider fading any pumps following this.

$ARBI, @arbitrum's Native token is rumoured to launch soon. This is my $ARBI Launch Starter Pack:

$GMX
$MAGIC
$VSTA
$DPX
$RDNT
$GMD
$JONES
$VELA

Some of these I have been holding from lower prices so keep that in mind. Just been patiently holding as these have been strong. Whether the $ARBI launch is actually arriving soon or not has not been confirmed by anyone.

I do think that even if it take a while it wouldn't even be that bad for the tokens as it would keep the narrative going for a bit longer.

The past week:

🔸Mt Gox payments delayed by another month
🔸ETH Shanghai Upgrade delayed
🔸Silvergate Rekt
🔸Voyager deal with Binance finally got through
🔸Grayscale & $GBTC Mt Gox repayments have been delayed until October 31 2023.

https://twitter.com/WuBlockchain/status/1633744540682293248

One of my higher conviction plays for this year is @fusionistio. Backed by Binance Labs. Already with a huge community.

I'm excited to see what they can bring into the GameFi/Web3 world.

How you can participate & earn and why I'm investing myself👇 In short:

🔸Good communication and big community
🔸 I am very bullish on GameFi personally
🔸 Strong backers
🔸 Very high organic DAU

https://twitter.com/fusionistio/status/1629780845270818820

Comparing the 2023 vs the 2019 Echo Bubble 📚 I'd like to remind you that these periods won't behave exactly the same.

I was interested in taking a closer look at how the 2019 echo bubble moved and especially at it's consolidations inbetween as we're currently ranging ourselves.

News and it's influence on Price 📚

FUD tends to mark local bottoms more often than not in bigger up trends.

Especially if "bad news" doesn't have the expected reaction you should be paying extra attention.

Same with the slightly higher than expected CPI print yesterday. I've already shown previously how the cycle bottom so far has been marked by a big news release as well. As did most local bottoms in that area.

Focus more on the chart and what price does than the actual news itself.

https://twitter.com/DaanCrypto/status/1601252209236197376

#Bitcoin's Ranges 📚

As we have been ranging within a 10% range for over 2 weeks now, many wonder, when will we see the next leg outside of this range?

Below are some of BTC's longest and tightest ranges over the past year. 👇 December - January 2022/2023

Starting with the most brutal and least volatile one.

This took 23 days and only moved within a 4.2% price range.

Often, the more compression, the bigger the move will be following the breakout of the range. This was the fact in this case as well.

$BTC Moves made during FOMC have the tendency to retrace quickly afterwards. Here are all the FOMC meetings going back to the start of 2022.

Dec 2022 & Feb 2023 Sep 2022 & Nov 2022

Cumulative Volume Delta (CVD) 📚

CVD measures the difference in buying and selling volume at each price level. It helps traders identify buying and selling pressure in the market.

1/6 When CVD is positive, it means that buying volume is greater than selling volume. This is a bullish signal and suggests that the price of the crypto is likely to rise.

When negative, it means that selling volume is greater than buying volume. This is often a bearish sign.

2/6

What I Did Different During My Second Crypto Market Cycle 📚

I started my crypto journey in the summer of 2017. Things I did not do well this cycle:

1. Expect the masses to be smarter than they are (bull market problem).

This has caused me to sell out of “stupid” positions too early thinking no one would be crazy enough to take prices higher.

Spoiler: They are.

$BTC I don't really use Bollinger Bands a lot but just to showcase how compressed the BTC Daily is right now:

The gap between the Bollinger Bands is only ~3% right now.

Manually checking, I couldn't find such compression since 2016.

Big move coming soon.

https://twitter.com/DaanCrypto/status/1608549859044511747

Also, due to this compression I could see a case where longing resistance and shorting support in this range might not actually be such bad R:R as the move following any breakout could be huge.

With that, there's also a lot of incentive to push price to get such a move to occur.

$BTC + $ETH Dominance vs $BTC Price (Orange).

Ever since the $LUNA collapse, we've seen a strong correlation between BTC + ETH Dominance and $BTC price. This can be seen at the correlation coefficient at the bottom.

This correlation started turning halfway through December. What does this mean?

It shows that $BTC usually has a hard time to move if other $ALTS than $ETH are gaining market share.

BTC and ETH move well together but once too many mid/small caps start moving and cause the BTC & ETH dominance to go down, this often leads to a weak $BTC.

What is VWAP? 📚

VWAP, or Volume Weighted Average Price, is a technical indicator that shows the average price at which an asset is traded over a given time period.

1/7 It's calculated by taking the sum of all traded prices for an asset during the period and dividing it by the total volume of units traded.

2/7

My Estimates for #Crypto Prices by Christmas 2023. 📉📈

$BTC - $30K
$ETH - $2K
$BNB - $365
$DOGE - $0.12
$MATIC - $1.5
$TRX - $0.08
$SOL - $20
$UNI - $10
$AVAX - $22
$ATOM - $17
$LINK - $12

What are yours? 👇 Keep in mind, a lot can happen in between now and a year. These are just guesses.

I'm aware that it does not make a lot of sense to make price predictions a year ahead with more unknown factors at play than ever.

It's just meant for fun to look back on a year from now.

The Different Types of Transaction Orders 📚

If you're new to buying crypto, you might be wondering about the different types of transaction orders available. Here's a quick rundown 👇

1/7 🔸Market Order

This type of order allows you to buy or sell crypto at the current market price. It's the quickest way to buy or sell, but you may not get the best price because the market price is constantly fluctuating.

You also usually pay more fees on derivatives.

2/7

$BTC December 2019 vs 2022 Fractal Idea. 📊 Comparing two similar periods of price action being apart almost exactly 3 years.

Obviously this is just an idea and fractals, as any analysis, should be taken with a grain of salt and simply be seen as what it is, an idea.