Sent my first "trading signal" Tweet! About setting up ladders for LBC and SALT today
I've been encouraged to share my trades as I'm making them. I'm also wanting to make use of @haejin's "laddering in" technique, as so far I've mostly been buying a single solid block. So, I set up two trades on coins he analyzed recently, LBC (LBRY Credits) and SALT.
LBC isn't on Binance; Bittrex has 70% of the volume, and Poloniex another 20%. I have an account at the latter but not yet the former, so I set the trade up at Poloniex. SALT is on Binance.
I split the funds I wanted to use for each trade into four equal portions, for each of the rungs.
For LBC, I set the rungs to 5159, 4721, 4325, and 4033 Satoshis, after drawing these lines (and, I just noticed -- I had used the chart for Bitrrex, not Poloniex, but it should be "close enough"):
For SALT, I set the rungs to 0.00061400, 0.00054800, 0.00045600, and 0.00037500, after drawing these lines:
Here's the link to the Tweet I just sent: https://twitter.com/TeethLiberty/status/955905741390598144
Although I set the trades up a couple hours ago before a meeting, I just checked and none of the rungs have hit yet. So, if you think I've learned enough, you can follow along! :)
These coins were analyzed by @haejin in the following, yesterday and today:
https://steemit.com/lbry/@haejin/lbry-lbc-end-of-correction-could-be-near
https://steemit.com/bitcoin/@haejin/salt-btc-impulse-ready-which-direction-find-out-in-this-blog
May your trading be profitable -- financially, spiritually, and emotionally.
Happy to see you posting and apparently doing nicely with the crytpos - even if most of what you say still zings right over my short little head... lol!
:) Thank you. Taking time off really helped.
good analysis of crypto. keep going ♥
i am seeing haijen posts from a month his analysis and predictions are good always now i also will try to make trade but whats you say about polo taht polo is good for trades i see many time polo is so slow and i thinked polo is not perfect for trades but now i see you make in polo this mean i was wrong
try binance
Actually I agree with you, I try to avoid Poloniex but since I already had an account there, I used it for the LBC trade since that coin isn't on Binance. Most of my trading is on Binance.
I am not on twitter. I’m on a social media boycott unless it has to do with Blockchain (ie steemit). Would you be able to post on here your trades as well? Or at least the links to the twitter posts when you make them so we can see that as well?
Yes, my plan is to post to both locations.
If you know of a "Twitter reflector" let me know, something that can Tweet my Steemit posts automatically. I know they're integrated with YouTube for that functionality but haven't looked for a link to Steemit yet.
well its a good work and hope your analysis and trade make you good profit and also all of who which make trade to follow you and hopefully your trade will 100 percent good and give all traders goo profit
I will use the fibonacci tool to find a good point to invest i like the analysis that you made finding the support area but i want to use the macd and fibos to find the key point. Great job friend :)
Nice! Yeah I have used that tool a couple times and it was really neat to see how things "magically" lined up.
1, 1, 2, 3, 5, 8, etc. :)
Yes friend they are very useful tools
nice to see your work for trades and set these on charsts i am not a trader due to low balance but sure after some time i will try to trade to follow your high and low tips and i some time read about haijen and every one say him expert hope i will try to learn from him
your work is good for others to help them with share your trades @libertyteeth sir
Very interesting bets for long time, i like the laterality that shows salt i think it's a good moment to buy.
buy ladder removes buyers remorse , good one.
Yeah -- even though I left the house for a few hours after placing these ladders, I wasn't at all worried about intervening price action! That's really, really neat.
Once they are triggered, I'll set some sell ladders.
I bought into Salt before the bottom fell out of the markets a couple of weeks ago. I think it will come back. I believe in the idea as much as the charts. I believe you are on the right track with that one. It's probably a steal right now.
Nice, great to hear independent confirmation!
I bought at around 11 I think. I'm a solid Hodl. I think it will come back and then some. It's a lending platform. So there is a revenue stream tied to it. I like any crypto that has a business model that generates actual revenue.
Never hit my ladders, so I'm not in SALT.