VergilTrader
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VergilTrader
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Cannot comment yet, let's see what will happen tomorrow.
That is the button I marked with a white dot, then type Rsi
For the settings, just use the default one
For the settings, just use the default one
Paul Altstatt BA1x
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how to set rsi in binance how bng
Easy way to identify manipulative increases
In the crypto world, there are many manipulations intentionally carried out by big money to trap retail traders like us. So, what are the characteristics of manipulated pump coins (Not real increases)?
The answer is the Volume indicator. On TradingView, the volume indicator is free, and it is also available on Binance. We can use this indicator to see whether the increase/Pump is real or manipulation.
The question is, why do big money (syndicates) manipulate increases? The answer is to trap retail traders into FOMO to enter positions, and the price moves up only to trigger the stop loss of shorters who have already entered above and continue the actual movement.
How to detect fake Pump:
1. Open the M15 Chart on TradingView
2. Add the volume indicator (just standard settings)
3. And notice that the volume indicator spikes up until the volume in the previous history is no longer visible
4. The price drops briefly for correction, but when the price tries to rise again, the volume actually decreases.
What should be done?
Do not try to chase the pump by taking a long position.
Instead, we should take the opposite position, short.
How to see the signal indicating we can enter a short position? Wait for the next post.
On the 24th, INUSDT.P pumped over 120%, and those who bought/long above have definitely been liquidated because it has now dropped more than 40%.
Healthy pumps only exist in the top 10 crypto/altcoins
#Write2Earn #Write2Earn! #fakepump #inusdt
In the crypto world, there are many manipulations intentionally carried out by big money to trap retail traders like us. So, what are the characteristics of manipulated pump coins (Not real increases)?
The answer is the Volume indicator. On TradingView, the volume indicator is free, and it is also available on Binance. We can use this indicator to see whether the increase/Pump is real or manipulation.
The question is, why do big money (syndicates) manipulate increases? The answer is to trap retail traders into FOMO to enter positions, and the price moves up only to trigger the stop loss of shorters who have already entered above and continue the actual movement.
How to detect fake Pump:
1. Open the M15 Chart on TradingView
2. Add the volume indicator (just standard settings)
3. And notice that the volume indicator spikes up until the volume in the previous history is no longer visible
4. The price drops briefly for correction, but when the price tries to rise again, the volume actually decreases.
What should be done?
Do not try to chase the pump by taking a long position.
Instead, we should take the opposite position, short.
How to see the signal indicating we can enter a short position? Wait for the next post.
On the 24th, INUSDT.P pumped over 120%, and those who bought/long above have definitely been liquidated because it has now dropped more than 40%.
Healthy pumps only exist in the top 10 crypto/altcoins
#Write2Earn #Write2Earn! #fakepump #inusdt
Easy way to get a SHORT signal
✅ Find the coin that is in an uptrend, marked by a price that has Break of structure several times
✅ Use the Rsi and OBV indicators to find divergence
✅ At the last BOS, check the indicators for any signs of bearish divergence, Price is rising but RSI and OBV are decreasing at higher highs and higher lows
✅ If found, wait for a bearish rejection candle on the M15 timeframe, wait for the price to drop and form liquidity
✅ Wait for the price to try to rise again to break the last high, if rejection occurs (Candle does not close body at the last high, only leaves a wick) then enter the M1 timeframe, wait for the price on M1 to create a choch and enter in the FVG area before the choch area
✅Pro tips: Volume indicators show volume that continues to decrease but price continues to rise
#Write2Earn #Write2Earn! #BLESSUSDT #short #strategy
✅ Find the coin that is in an uptrend, marked by a price that has Break of structure several times
✅ Use the Rsi and OBV indicators to find divergence
✅ At the last BOS, check the indicators for any signs of bearish divergence, Price is rising but RSI and OBV are decreasing at higher highs and higher lows
✅ If found, wait for a bearish rejection candle on the M15 timeframe, wait for the price to drop and form liquidity
✅ Wait for the price to try to rise again to break the last high, if rejection occurs (Candle does not close body at the last high, only leaves a wick) then enter the M1 timeframe, wait for the price on M1 to create a choch and enter in the FVG area before the choch area
✅Pro tips: Volume indicators show volume that continues to decrease but price continues to rise
#Write2Earn #Write2Earn! #BLESSUSDT #short #strategy
Will it collapse?
What is your largest unrealized PNL and why did you take profit and only take a screenshot?
Come on, let's discuss guys 😁
Come on, let's discuss guys 😁
If others are posting profits, I'm just posting about the cut loss
What is the largest cut loss you have ever made?
What is the largest cut loss you have ever made?
Breakdown analysis of PYTHUSDT Sell short position
1. News drives the price of PYTH for a pump, then I wait for the price to enter the POI HTF 1D area that I had marked earlier
2. When the price is in the POI HTF 1D zone (Red box), I move to the M15 timeframe to see what happens, then I see the OBV indicator showing divergence (Price continues to rise but is not followed by an increase in OBV, meaning buyers are starting to weaken)
3. Then I move again to the LTF M5 timeframe, waiting for the price to make a new HL, and waiting for the previous HH to be tested for a break, but it turns out the price only does a sweep (Liquidity sweep) For traders who like high risk, this is actually the right time to enter short (No risk, no Ferrari my friend)
4. After doing the last HH sweep, the price does a change of character (choch), after choch then wait for the price to rise again to the area before choch, usually using Fibonacci in the zone between 0.618 and 0.786
5. At the Fibbo zone, the price does a Liquidity sweep (This is where to sell short) with a target close to the previous BOS zone
6. The price is sure to rise again to liquidate all sellers above the Liquidity sweep zone, after that the real movement begins, with a target at the internal swing low zone below, forming a double top (favorite of retail traders) However, this actually becomes a Liquidity area as well
When the price finishes breaking the internal swing low below, be ready to take a long position with a target above the double top 😁🙏
That's it, sorry if the text is too long.
1. News drives the price of PYTH for a pump, then I wait for the price to enter the POI HTF 1D area that I had marked earlier
2. When the price is in the POI HTF 1D zone (Red box), I move to the M15 timeframe to see what happens, then I see the OBV indicator showing divergence (Price continues to rise but is not followed by an increase in OBV, meaning buyers are starting to weaken)
3. Then I move again to the LTF M5 timeframe, waiting for the price to make a new HL, and waiting for the previous HH to be tested for a break, but it turns out the price only does a sweep (Liquidity sweep) For traders who like high risk, this is actually the right time to enter short (No risk, no Ferrari my friend)
4. After doing the last HH sweep, the price does a change of character (choch), after choch then wait for the price to rise again to the area before choch, usually using Fibonacci in the zone between 0.618 and 0.786
5. At the Fibbo zone, the price does a Liquidity sweep (This is where to sell short) with a target close to the previous BOS zone
6. The price is sure to rise again to liquidate all sellers above the Liquidity sweep zone, after that the real movement begins, with a target at the internal swing low zone below, forming a double top (favorite of retail traders) However, this actually becomes a Liquidity area as well
When the price finishes breaking the internal swing low below, be ready to take a long position with a target above the double top 😁🙏
That's it, sorry if the text is too long.
What is happening with the Binance server now?
Goodbye MEMEFIUSDT.
The profit isn't much, it's actually being eaten up by the funding fee
Signs of the bear have appeared, it's time for those who want to take a short swing position to enter.
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