The People PleaserIt's nice to see a structural setup like this with BTC going sideways or down. And, not seeing this coin give back all the gains after a 600% rally. At the support lows of 4-45 we are down 70% from the peak of the last breakout. And We've been consolidating in this range for weeks now, I think something is going to give soon, so Im going to start loading this one up while bitcoin trades down a bit.
If we get another test of the 4-45 support zone, which was the major resistance that lead to the 600% breakout. Then it might be the last time we see this level for this bullrun. The next breakout, so long as it pushes pass the highs, would see consolidation on the pullback, *ideally*, around the 8-10c range. That's still 40% from current price, if you held through a breakout, did not sell, and clenched the bag through another 70% pullback.
ATS
Multi Month Range TradeWe are testing the topside of a huge range in the midst of a crypto bullmarket. nuff said.
RR is clear here. Expecting a range breakout so any movement to the downside is a stopout. Or you could short here, as it is the topside of the range. A short working here will need to see Bitcoin fail its 92k support it's just confirmed. Alternatively, if the range high holds here in the midst of another run higher for the broader market, this could be a laggard play.
If we cant breakout, especially as the broader market rallies, then this will be a garbage dump, and will be looking back at the bottom of the range.
Ethereum Landwolf can 6X from here!Contract
0x9c7D4Fb43919DEf524C1a9d92FE836169eAF0615
( I still like Landwolf on Avax!!)
But I also really like this #HVF
@TheCryptoSniper
Fair warning it has already triggered
So use the lower funnel line as a stop loss if things turn south
But at least we have well defined risk and rewards
And also a great thesis that #Memecoins are, anti Men in Suits Vulture capitalists the evil
perma dumping value extractors.
The people have responded with their wallets and have committed their dollars to Memes.
The meme sector is far bigger than AI ad Gaming!
AT&T Investigates Data Leak Impacting MillionsTelecom giant AT&T ( NYSE:T ) finds itself embroiled in an investigation following a distressing data breach that has left millions of customers vulnerable to exploitation on the dark web. The incident, which occurred approximately two weeks ago, has thrust AT&T ( NYSE:T ) into the throes of cybersecurity scrutiny as it grapples with the fallout of compromised personal information.
Preliminary assessments reveal that the breach has affected a staggering 7.6 million current account holders and an additional 65.4 million former customers, raising alarms about the security protocols safeguarding sensitive customer data. The leaked dataset, dating back to 2019 or earlier, comprises a trove of personal information, including names, addresses, phone numbers, dates of birth, and Social Security numbers.
While AT&T ( NYSE:T ) moves swiftly to mitigate the fallout by resetting passcodes for affected users and extending credit monitoring services, the source of the leak remains shrouded in mystery. As investigations unfold, the company remains steadfast in its commitment to addressing customer concerns and fortifying its cybersecurity infrastructure.
This incident marks yet another blow to AT&T's reputation, following a recent cellular outage in February that left customers grappling with service disruptions. Despite assurances that the outage stemmed from internal system glitches rather than malicious cyber activity, the recurrence of such incidents underscores the ever-looming specter of cyber threats in an interconnected digital landscape.
For AT&T ( NYSE:T ), the stakes are high as it navigates the complex terrain of data security and customer trust. The company's proactive measures to engage affected users and offer remedial support signify a concerted effort to uphold its commitment to customer satisfaction amidst adversity.
As the telecom behemoth grapples with the fallout of this breach, the broader implications resonate across industries grappling with the escalating threat of cyber intrusions. With cybercriminals leveraging the dark web as a breeding ground for nefarious activities, the imperative for robust cybersecurity measures has never been more pressing.
Doge got a bone!If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Got a pop and looks like an impulse printing.
A correction back to the previous resistance is Ideal for bulls.
A decisive break, not so much.
Cheers!
XRP Ripple Repeating?If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Broke above .50 and testing the other side.
Holding here would be ideal and a break below would have me looking a bit more into this.
There is a 3 wav move up at the moment and it has happened in the past.
A 3 wave move up to this level, hitting a 1:! and the outer parallel of the channel.
SO to break the 3 wave curse holding here break above the .56 level and flipping that would be ideal.
Cheers!
LINK/USD AnalysisToday we are going to look at the prospects for the LINK / USD pair.
It is obvious that the uptrend on this instrument is over. The main correction is also completed, the time has come for a boring sideways movement.
Nevertheless, there is a high probability of a retest of the main support, it is at the previous local highs, these are the levels of $ 4.30 and $ 5.
The trading range will narrow over time, but for now it is wide enough for fast trades.
Short idea - ZIL/BTCIt seems to be a good selling opportunity on ZIL / BTC.
This pair has been moving in a downward channel for more than three months.
The price is close to the upper channel's frontier, plus there is a clear horizontal resistance.
The downward trend reserve is about 20 per cent, to the middle of the descending channel.
Good risk/reward ratio.
You should wait for ATS confirmation at least on the four-hour timeframe to enter a trade.
📖 Diversification in trading strategies. Part 1Often, traders are pursuing the system's maximum profitability, upon creating trading strategies. However, it is more important not to increase the value of the expected profit, but to reduce the possible risk, which is expressed in the maximum allowable drawdown.
A simple, but relatively reliable way to assess the trading strategy effectiveness is to determine the profitability ratio to the system's drawdown maximum in the period under study, the so-called recovery factor. For example, if the system's profitability is 45% per annum, and the maximum drawdown is 15%, the recovery factor will be 3.
If we compare two systems with different profit values and drawdowns, then the system with a higher recovery factor will be better. A system that allows to earn 30% per annum with a 5% drawdown will be better than a system with 100% per annum and a 40% drawdown. The profitability can be easily adjusted to the required value using margin lending, but the risk level in the system profitability cannot be changed, these are integral terms of the system. By increasing the yield, we increase the risk accordingly.
However, it is possible to reduce the portfolio risk at all applying diversification, that is, trade not one separate strategy, but a whole set, dividing the capital between the systems. In this case, the drawdown of each individual system does not necessarily coincide with the drawdowns of all other systems in the portfolio, therefore, in general, we can expect a smaller total drawdown maximum, while the system's profitability is only averaged. If the systems are sufficiently independent of each other (different trading strategies are used, different instruments are traded), then the drop in equity in one of the systems will most likely be compensated by the increase in equity in some other system. The more independent trading strategies and trading instruments are, the more the overall risk is diluted.
There are even situations when it makes sense to add a knowingly unprofitable strategy to the portfolio. Although the overall portfolio profitability will decrease slightly, it may turn out that the risk will decrease even more, and overall portfolio performance will improve.
Theoretically, if you add more and more strategies and instruments to your portfolio, you can get as little risk as you want, and, accordingly, as much efficiency as you want. However, in practice, such an intention will inevitably face the problem of correlation between different strategies and tools.
The main ways of possible diversification are as follows:
Diversification by trading strategies
Diversification by parameters of trading strategies
Diversification by trading instruments
Diversification across markets
🧐In this part we will take a closer look at the first option.
📌 Diversification by trading strategies
At the heart of every trading strategy is some general market attribute or traded instrument that can be used to make a profit. For example, the ability of the market to form prices trends and continue moving after a breakout of a strong resistance level.
If there are several systems based on fundamentally different considerations, then capital diversifying between these systems can lead to significant risk reduction. Indeed, in terms of the internal essence of the system, they can be as different from each other as you like, and as weakly correlated with each other. If, for example, trend-following systems and systems on level breakouts are somehow similar to each other and often give similar equity, then trend-following and counter-trend systems, on the contrary, will even show a negative correlation. Where the trend-following system will be sawn, the counter-trend system will show profit, respectively, the overall portfolio risk will significantly decrease.
Diversification of this kind, in theory, has no limits in depth and depends only on the creative ability of the trader to create systems. Therefore, it is important to constantly continue to work on the search for new trading strategies, since it is in this direction that the most reliable way to increase the efficiency and profitability of trading lies.
Analysis of all timeframes - BTC/USDHello friends.
🧐A Bitcoin short review on all timeframes and further thoughts about the events' development.
We are in the range of 10-11 thousand for the fifth week, which is rather boring.
In our opinion, the falling probability to the 9 thousand level is now about 60-70 per cent.
ATS shows us a short on all timeframes except the weekly one.
⚠️Cancellation of this scenario will be price fixing above $11200 level at least on the daily timeframe.
Flat is the most unpleasant chart's part for trending algorithms, and in general for many traders at all.
We recommend that you take no action during this period. Still, if you really want to trade, you should
take a closer look at any altcoins for short speculations.
TRX, for example, did some pretty good moves last week.
Analysis - BTC/USDHey
The weekend ran calmly, the market is rather dull in general.
There is a small rebound on Bitcoin, nothing remarkable, everything is within the current flat trend.
Analysing the market situation, we are more inclined to think that the market will be shaken again.
More precisely it will be quickly shaken out. 3D timeframe’s short was confirmed by ATS yesterday.
There are 7 out of 8 similar signals turned out to be correct over the past three years.
We expect Bitcoin around $9000 and ETH around $280.