[BTCUSDT ,buy Future trading] Crypto Academy Trading Competition-S6T3 homework post for fredquantum-kouba01 trader team by @ahmadchemist737

In 2009 a man by the name of james howells proved himself to be visionary,he started mining Bitcoin before anyone else had ever heard about it. James managed to stockpile 7500 Bitcoin when they were just a fraction of a cent per coin. Eventually his girlfriend made him stop. She thought that the computer doing the mining was quite getting too noisy. So that mistake cost him 400 million dollars as of today.

Bitcoin is digital currency that will solve our problem of paying as physical currency. Everything we buy today we have to go through a bank or credit card company who take a cut of the transaction and who rely on our trust that they'll do everything right. In case of credit card you have to trust your card company to keep your details safe. Many people have tried to work out how to have a payment system without that middle man.

In 2008 Satoshi nakamoto purpose this currency and start his paper work at that time. In case of digital currency all the computers are interconnected to each other . The work which is continue in one computer and it can also be seen in other computer. . All of the user would record all all the transaction at the same time.

As a result any attempt to fool the community would be noticed and payment will be rejected.
So in this way it is quicker, easier and cheaper way to spend money even across national border, this is Bitcoin. Some people consider bitcoin as the future currency while on the other hand people consider it a danger zone for their present currency.

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Coin Market cap of BTC

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Last Seven days price record

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Available Markets

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The reason why I am optimistic about BTC

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The most important reason why I am optimistic about it is that It is the ranked one crypto currency which has great potential to go up and up. It is the first ever crypto currency that was launched in digital market and has made its great impact amoung other cryptocurrencies. This currency was started with few cents and now becomes in thousands.

The maximum supply of the btc is 21 million and it almost reaches to 18 Million so when the the number will complete and no more btc will mined then it price will increase because of f increase in the market demand and there is no further mining of the BTC at that time.

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Technical analysis of BTC by using different indicator

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So now Technical analysis the most important and most useful for trading system. In this analysis I will do Technical analysis by using different indicator and will confirm my position with the help of those indicators. So lets start.

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Median indicator

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Median indicator can be used to understand the market trends. Here in median indicator there are two line and third is the color of the cloud. When the median line moves over the EMA line and color of the cloud turns green. This is the indication of bullish trend
If the EMA line cross the median line and then it moves upward from median line and the color of the cloud turn purple so this will be bearish trend.

Here we can see that color of the cloud is green and Median line is moving above the median EMA line so here I will go for buy long.

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Exponential Moving Average indicator

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Now in 2nd I will go for exponential moving average indicator which can be used to understand the market trends. Here in this case I will use cross over strategy where indicator with two different averages is used. One is of 9 days while other is of 30 days average. When 9 days EMA is above 30 days Exponential Moving Average indicator this will be buy indicator and when 30 days ema is above the 9 days EMA then this will be sell signal.

Here in above picture there is 9 days EMA is above and 30 days EMA is below so here we also go for buy long.

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Parabolic SAR

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In order for indication of market trends we can also use parabolic SAR. When the dots in parabolic SAR are on the top of the candles of price chart this will be the indication of the bearish trend and when dots are below that candles which means bullish trend in market.

Here dots are below the price movement chart which means that we should go for buy long.

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Real future trading on binnance exchange

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So after analyzing with the help of three indicators I will go for real future trade on binnance.

Here is the proof of my trade that I have done in BTC /usdt pair.

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My plan about this trade and recommendation to other users

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I will keep this trade for short period of time because now a days Bitcoin market is highly volatile and in future wallet it is more dangerous to keep for long term so that is why I sold BTC after getting short profit.

As far recommendation to other now a days market is in sideways position. It is not clear weather it will go up or down in next turn so that is why doing trade for short interval of time can be prove good by setting profit and stop loss.

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Social media accounts of BTC

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Bitcoin news

Instagram account

Bitcoin price

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Conclusion

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So in this lecture I do the future trade in BTC/usdt pair. In the first section I explained about the history behind the invention of the Bitcoin and also about Satoshi nakamoto. After that I explained about its features why I select this coin for my trading purpose. Then I do the technical analysis by using three kinds of Indicator including exponential moving average, median, and parabolic SAR indicator. Then I do my real future trade and in last I give some information about social media accounts of Bitcoin.

Cc
@kouba01