I trade & teach Ichimoku. BNF of
#crypto
. Tweets are my own & for education only; not investment advice. DYOR. Process+Patience Pays👈
#bitcoin
#btc
#altseason
Been sharing this to my Tg followers for several weeks. Shows
#btc
% deviation from 25MA during prior bull runs on 3M chart. Note the triangle and the resistance level drawn. Similar lines can be drawn on 1M and weekly charts
#crypto
The lion 🦁 prowls the earth “trying to make things happen” while the jaguar 🐆 waits patiently for opportunities to come to him
Don’t be a lion. Be a jaguar.
Patience pays 👈
I called the
#btc
dump in April, called it again in November. FEW listened.
#btc
is just as over extended as the
#StockMarket
is and will follow its trajectory.
There you have it.
#btc
closes below the weekly kumo for 1st time since Feb 2020 drop that ended with March 2020 dump. Also, chikou is below candles and kumo could flip red soon. Not a good time to be a
#crypto
maxi
Here’s a tip. Any coin that has opened above the weekly 25ma for the first time has the potential to rocket. Any coin that has retested the weekly 25ma and opened above has the opportunity to rocket. If you see them, please share here. Thanks 🙏
#btc
this is the most artificial pump ever. Rising price with falling volume. Unless
#bitcoin
can reclaim the Kijun with a volume spike, then we will see more downside soon. Right now, Kijun is strong resistance. No longs below the kumo 👍
#crypto
I've lost 10s of thousands of dollars in
#crypto
my first 4 years of trading. It wasn't until I discovered ichimoku, found my edge, created rules, & changed my mindset did I start to see results. Now, I trade from an "almost" care-free state of mind
You must resolve to change...
My 10 Trading Rules
- Take every trade that fulfills my edge
- Plan an exit before a trade
- Remember: the outcome of a trade is random
- Never go all in
- No chasing green candles
- Cut losses early
- No revenge or overtrading
- Be patient
- Trust the process
- Never give up
This time last year, I was desperate & floundering in my trading. I joined every telegram, paid exorbitant amounts for signal groups, & responded emotionally to every red or green candle. Then, I discovered Ichimoku & realized I could do better on my own if I followed a process
If u want to learn about TA, then go learn
Ichimoku, stochRSI, BB, fibs, macd (i don't use this 1), 2 period RSI, Japanese candlesticks, patterns, MAs
I learned on YouTube watching tutorials & people doing TA, looking at ideas on TradingView, & practicing
Find ur process/edge
#btc
weekly chart. 1st on 1D, closed below kumo.
#bitcoin
needs to bounce here at the 0.618 fib retracement from recent pump or I see next supports coming 36.6, 32.9, 29.2-28.7. NOTE: all prior $btc bull runs eventually retraced to the 0.786 fib. That would be $17.6k (arrow)
Most of my lessons have come $slp trade
1. I should have sold at $0.13
2. I DCA’d too early instead of waiting for new signal
3. Position size is too big
4. I got emotional
Now I’m forced to make it a HODL bag. It’s still a great trade. I’m just missing other opportunities
People pay bank 💰💰💰💰 for these sort of calls. And NONE are nearly as accurate. I give them away for free...
Like and retweet
@ichimokudoc
to pay it forward so others can benefit too
Teaching Moment 🤓
How to Overcome the 4 Fears of Trading
What are the 4 fears?
- Fear of loss
- Fear of missing out (FOMO)
- Fear of letting a profit turn into a loss
- Feat of being wrong
Bull run for
#bitcoin
is over. It will follow the general markets, which are extremely bear. You will get green candles here and there, but the overall trend is down. Be prepared for
#crypto
winter
I hope you’ve noticed that when all the
#moonboys
are shilling
#btc
to $100k, I was selling and when the bears are crying
#btc
to $10K, I’m buying 🤷♂️
#altcoins
If you’ve benefited from my tweets, LIKE & RETWEET so others don’t get
#rekt
by
#moonboys
- Rang the alarm 🚨 on 4/19 for $btc
- Only acct 2 share bump & run
- Predicted the drop to 28.8 within $5
- Saved people millions in losses
- Called many
#1
top gainers
#crypto
#btc
#eth
From Nov 2017 to July 2021, I lost 10s of thousands of dollars
I was in all the signal groups, had all the indicators, watched all the YouTube videos, & followed all the influencers
The day I changed my mindset was the day I wiped out ALL my losses
#tradingpsychology
#crypto
I have made some awesome changes to my methodology since taking a break from trading over the last week or so. Been testing it out.
Can't wait to start sharing new charts with you 😃
I remember
#altseason
2017. I would chase green candle after green candle experiencing huge gains, but even bigger losses. In the end, I got
#rekt
& lost everything
You are better off being patient & letting profits come to you than chasing the next pump
#crypto
#cryptotwitter
My biggest mistake in November was buying
#altcoins
in the same breath as I was warning of a
#btc
correction.
Ego. I won't make that mistake again.
In the end, the whole
#crypto
market falls in line...
Market is bear. Any pumps will be short-lived ie wicks. I will cash out whenever I see profit. Bears are winning 🐻
I will only do rebound plays here on out.
Leveraged longs will get liquidated.
#btc
#cryptotwitter
#crypto
$btc $eth $sol
Teaching Moment 🤓
Most people use fibs to give wild price predictions. I use it mainly to predict retracements. It’s fairly easy. Drag the ruler from the swing low to swing high (incld wicks). Most
#crypto
will retrace to b/w the 0.618 & 0.786 fibs, sometimes 0.5. Rarely 0.382
If you are curious about the coins I'm holding, here they are 👇
$slp
$doge
$kai
$arrr
$eqz
$ht
$ltx
$ngm
$sdao
$ubxt
$ioi
$flow
$front
$marsh
$naka
$xdc
$erg
$hord
$cas
$sntvt
Note: If a coin is not here, then I have taken profit. DYOR. None is advice
#crypto
#topgainers
#btc
#btc
$39.5k 🎯 precision hit. Prediction from 10 days ago
We should see a bounce soon based off the 4h chart
To be safe, waiting for daily close to enter any
#altcoins
may be a good idea.
A close below the daily Kijun would be bad 👈
😏 that’s called precision hit 🎯
$53.2K
#btc
#bitcoin
$btc
I want to give a big hug 🤗 to all my haters 😘
Ok I think dump is over for now. Back to work 👍
$btc keeps testing and testing the daily 25ma. For me, that’s not a good sign. It means support will eventually break & send price down. $53.2k is my 🎯
I’d love to buy some dips, but I’m all out of cash 🤷♂️
No point of staring at red candles if I can’t do anything about it. I don’t short. So…Waiting for recovery.
WHEN TO EXIT?
- Wait for price to close below Kijun
- When price closes below the Tenkan, but this is a weak signal
Other early signs:
- Chikou getting closer to candles
- Kijun sen becoming flat
- Flat Senkou span B
- When TK lines go vertical, you will see then go flat
If $slp can pump 100% in 1 candle, what makes you think it can’t pump 10x in 10 candles? just saying 😛
Tokenomics has never prevented it from going ballistic in the past. I’m a HODLer for sure. Extremely bullish on this one ☝️
I learned some valuable lessons recently
1. Take profit when the market makes it available 2 u. When u experience euphoria, a drop is coming
2. Don’t bend ur rules
3. Cut losses early when a trade is moving against ur edge
4. Always work on making ur edge better
#crypto
#btc
Here's a tip. Once you are in profit, place a stop loss at break even and move it up as the price moves up. This helps you to avoid unnecessary losses.
This $luna fiasco has proven to me why 99.99% of
#crypto
are centralized, ponzi projects serving no purpose but to exchange $$$ from one hand to another without any real use case or product.
No hodl. No loyalty. On to the next one. Diversity always. Be careful out there.
Not long ago I was like YOU
I went ALL IN, FOMO’d into green candles, revenge & over traded, & followed everyone except myself
I was BROKE mentally & financially
I decided ENOUGH was ENOUGH
I had to change the mind I brought to trading & think in probabilities
#btc
#crypto
I don't only use ichimoku to trade
I incorporate StochRSI, Bollinger Bands, CCI, Fibonacci, RSI, MAs (25,50,200), Japanese candlesticks, patterns, support/resistance lines, etc
Multiple indicators, on several timeframes, have to agree with one another before I make a trade
$xpr long term projection. This is ideal scenario. Why I’m bullish? Double bottom. Price broke daily kumo, above TK lines, 25, 50, & 200d MA. Kumo, TK up-sloping. Chikou high & far from candles. Golden cross imminent. Low mcap. Good FA. ATH $0.1. Break ATH, price discovery. DYOR
I have a confession...I was a terrible trader until 1 mo. ago. I burned thru 10s of thousands over few years APEing, not cutting, & going ALL-IN
Recently, I decided, "ENOUGH". I resolved to focus on my edge, diversify, & have clear 🎯. I am now up 244% and feeling less stressed