For the first time in 7 months, $BTC finally broke the green and red alternating monthly candle pattern making last month October candle close in green as opposed to red as predicted.
This significant break out should get bitcoin to a new all-time high this month of November after the price nearly reached all-time high in October before a major pull back.
I expect to see this month of November close in green with a new all-time high for bitcoin as a red November could mean a fake out and a signal for the cycle top.
What do you think? Do you think bitcoin candle will close in green or red?
Again as predicted, $BTC last month, September, candle eventually closed in green despite many people believing September would be a red month due to its history.
If the alternating monthly candle between green and red pattern is still valid, we should expect this month, October, to close in red candle.
This is the 7th month bitcoin price has been following the alternating green and red monthly candle pattern which I pointed out some months ago and brought my followers attention to. If you have been following and taking advantage of this pattern by shorting every red month and longing every green month using at least 10 to 20x leverage, you would have made at least 200 to 400% return per month by now with zero to little risk of liquidation!
Now, the question is, will bitcoin price follow this pattern this month of October or it will eventually breakout of the pattern this time? Time will tell!
With the current market situation, there's a high probability that October will be a red month since last month was a green month further solidifying the likelihood of this pattern to continue this month.
If you believe this pattern will repeat again and October is going to be a red month for bitcoin, then this is the best time to short bitcoin for potential profit, but do anticipate a price retrace and wait for confirmation before you rush into trade.
What do you think? Do you think we will break out of this alternating green and red monthly candle pattern this month or the pattern will still hold? Let me know what you think in the comment section!
Again as predicted, $BTC last month, September, candle eventually closed in green despite many people believing September would be a red month due to its history.
If the alternating monthly candle between green and red pattern is still valid, we should expect this month, October, to close in red candle.
This is the 7th month bitcoin price has been following the alternating green and red monthly candle pattern which I pointed out some months ago and brought my followers attention to. If you have been following and taking advantage of this pattern by shorting every red month and longing every green month using at least 10 to 20x leverage, you would have made at least 200 to 400% return per month by now with zero to little risk of liquidation!
Now, the question is, will bitcoin price follow this pattern this month of October or it will eventually breakout of the pattern this time? Time will tell!
With the current market situation, there's a high probability that October will be a red month since last month was a green month further solidifying the likelihood of this pattern to continue this month.
If you believe this pattern will repeat again and October is going to be a red month for bitcoin, then this is the best time to short bitcoin for potential profit, but do anticipate a price retrace and wait for confirmation before you rush into trade.
What do you think? Do you think we will break out of this alternating green and red monthly candle pattern this month or the pattern will still hold? Let me know what you think in the comment section!
As predicted, $BTC last month candle eventually closed in red.
If the alternating monthly candles between green and red pattern is still valid, we should expect this month, September to close in green candles.
If Bitcoin eventually closes in green this month, then we might be seeing an eventual break out that sends the price higher to a range of $75k to $80k.
What do you think? Do you think the red, green alternating pattern will play out this month or this month will be an exception?
The money you earn from airdrop is not free. Many people see the money as free forgetting that they spent time and contribute some values to make that money possible!
Calling such money free is same as saying the money you get paid from work is free!
Unless you don't value your time, you shouldn't call it free money. It's the reward paid for the valuable engagement and contribution to the development of a project in crypto.
Read this before you participate in another airdrop
I see a lot of people recently just jump into farming an airdrop without even understanding what the project is about or doing their own research to understand whether the airdrop is going to be worth their time or not. In this article, I'll talk about things you need to look out for to determine airdrop that will pay well! Top factors you need to look out for to determine whether an airdrop will pay DUST or USDT 1. The team. You want to know who are actually the team behind the project? What
Many don't understand how airdrop distribution works. I'll explain how token distribution affects airdrop allocation using Hamster Kombat as an example.
From the screenshot below, Hamster Kombat already gave the criteria for their token distribution.
The criteria include: pph, earn tasks, referrals, achievements, and keys.
Now, your total allocation depends on how you perform across the whole citeria, the competitiveness of each citerion and allocation for each citerion.
You want to perform well in areas that have low competitions like keys and referral. More people performing well in the citeria means lower allocation!
So, this is the basics of how tokens are distributed by projects. To become successful in airdrop you need to understand the basics and channel your effort into what will likely pay the highest!
Follow me if you want to see more of my post. I post valuable insights on making money and trading in crypto.
Your 1000 $HMSTR token will be worth roughly $5 to $10.
How did I arrive at such estimate you asked?
Simple, using similar projects on Binance launch pool, most projects have roughly a Full Diluted Valuation (FDV) of $500m to $1B. FDV is calculated using the total token supply multiply by the price of a token.
So, estimated price = estimated FDV divided by total supply of token.
Imagine people's 6 month of effort being valued at $10? This is why it's very important to channel your effort into project that are less competitive and where your efforts will be much appreciated! Hamster Kombat allocated less than 60% airdrop for a community of over 100 millions of players!
What do you think? Will you still participate in season 2 knowing fully well your efforts in the project is valued less?
Why you shouldn't put much hope on Hamster Kombat airdrop
Hamster Kombat, a popular telegram tap to earn airdrop is slated to list on top exchanges including Binance on the 26th of this month. While many players are earger and excited to claim their airdrop, it's worth knowing some key facts about the airdrop as a whole.
The Game has almost 100 million monthly players playing the game. This is number shows how competitive the airdrop is. More players = less rewards as more people competes for limited reward.
As predicted, $BTC last month candle eventually closed in red.
If the alternating monthly candles between green and red pattern is still valid, we should expect this month, September to close in green candles.
If Bitcoin eventually closes in green this month, then we might be seeing an eventual break out that sends the price higher to a range of $75k to $80k.
What do you think? Do you think the red, green alternating pattern will play out this month or this month will be an exception?
The last five monthly candles of $BTC has been an alternation between green and red candles. Going by this pattern, this month should close in red but this may be an exception. This month candle is already showing red.
What do you think? Do you think August will be an exception or the pattern will repeat itself again?
$DOGS marketcap is $600m. You don't want to sell your dogs at this marketcap. More pumps incoming .
LIVE
The Fully Digital Sam
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I see a lot of people asking whether to sell their $dogs airdrop token at TGE or not. The answer to this question depends on the marketcap of dogs at TGE.
When you compare dogs to similar $TON ecosystem token like $NOT then you'll have the idea of what marketcap of dogs should be at TGE. If it's far above $NOT marketcap which is roughly $1B at TGE, then you might want to sell and buy later. But, if it's far below $1B marketcap, you would be losing potential gains if you sell.
I personally think dogs will have higher marketcap than notcoin. So, here you go! Make the best use of your $dogs airdrop!
I see a lot of people asking whether to sell their $dogs airdrop token at TGE or not. The answer to this question depends on the marketcap of dogs at TGE.
When you compare dogs to similar $TON ecosystem token like $NOT then you'll have the idea of what marketcap of dogs should be at TGE. If it's far above $NOT marketcap which is roughly $1B at TGE, then you might want to sell and buy later. But, if it's far below $1B marketcap, you would be losing potential gains if you sell.
I personally think dogs will have higher marketcap than notcoin. So, here you go! Make the best use of your $dogs airdrop!
1. Market goes up 2. Market goes down 3. Market uncertainty (characterised by long-term consolidation, unexplainable pumps and dump)
We are in market uncertainty phase. As a trader, you don't want to trade during this phase and want to wait till its clear what direction the matket is going and then go with it.
Stay focus, remain positive during this #MarketDownturn and most importantly, be open minded while you watch out for any possible outcome from this market.
Most cryptocurrencies are at their year-long low and support level. It would be a serious catastrophic event if price continues to go down lower. I don't think that's going to happen.
If you would ask me, this is a great opportunity to by these altcoins with low market cap.
Also, $BTC could do the unthinkable and then reverses at this point.
Do not follow those that predicts the back swan event or the doomsday prophets neither should you follow the up only merchants.
There's no amount of crash happening now that has never been witnessed before in the history of price action yet price always bounced back.
Except you think everything is going to zero, there's no reason to think the worst is about to happen.
Also, you don't need a bull market to make money, you can still make money in the bear market by shorting, so learn to trade the market and extract the most value from it!
Think twice before you hit the short button. $BTC is currently at its monthly support. The best time to short was when price was at $65k. Now, price is at the support level and the chance of a price bounce back is high based on historical price analysis.
If the $50k psychological support is broken, then we can anticipate $45k and subsequently $40k next.
So, everywhere is red. It appears we're at the dawn of a new winter. Even though, you're bearish do not rush to short the market, you'll likely lose your money.
Here is what you should do to make money shorting cryptocurrency if you believe price will keep going down.
Wait for a retracement. Price will often retrace back and won't keep dumping. So wait for the price to retrace first before entering a short position.
By waiting for a retracement first and waiting for the right opportunity to enter a trade, you'll ensure you enter at the best price possible!
Don't short volatile coin, look for more stable coin with big market cap and neat price candle. This will reduce the chances of your stop loss getting hit unreasonably and guarantee more successful trade. You can take a look at coins like $BTC $BNB $ETH and other high volume coin for more stable price movement.