FTX
BTC LONG | 4.8RFTX:BTCPERP
Bitcoin is seeing a pullback with a failure to hold the $46K to $47K range where we should've seen the strongest support, however historically seeing 30% draw downs during it's bull run is common.
Purely looking at price action we can see the next rungs of support targeting $40K with Volume Profile Visible Range suggesting this is where the next highest level of trading volume with take place. Landing here would be another 30% draw down too so reasonable to assume price will respond well here and bounce however of course there are no guarantees.
IF price were to respond well here the using a Trend Based Fibonacci Extension from the last move up would provide a target price of approximately $64,000.
Our entry is $41685 slightly above the $40K level to help ensure bids get filled.
Our stop is $36233 which would break below 3 of the highest volume nodes in the value area of VPVR which price should respond well too and not break below which if it does would indicate we're going to see much more downside.
This trade would provide a 4.8R return.
The Graph (GRT) • Consolidation range waiting confirmation The Graph is an indexing protocol for querying data on Ethereum.
Currently sitting on #33 on CMarketcap this token seems to be doing some consolidation after significant pullback. In the video I talk through some possible scenarios and why I think it s still bullish.
Serum (SRM) • Plenty of upside on this Alameda backed coinSerum, decentralised finance (DeFi) platform powered by the Solana blockchain.
SRM already moved a lot but i think the uptrend is still looking healthy and it's very likely to continue to gain market cap considering that it's backed by Alameda research and FTX.
BTC TRADE IDEAHi all.
So BTC obvioulsy recovered a bit from the dump past couple of days, but i'm not sure if that was it or we have the rest of the week of ugly choppy price action.
To protect my spot exposure, I'll be taking a short at the .705 retracement level (golden zone between .618 and .79).
Invalidation close to entry (swing high at 55050), aiming for 15th february weekly open at 48700ish as the first target (40% position close), and cutting rest lower or at the first target, depending of the price action.
This is not a bearish outlook on BTC, it is just a way to protect my capital (taking a 1x spot exposure short), in case BTC decides to dump further.
P.S. I'm using FTX exchange, which kind of made me stop using Binane and Kraken, could not recommend it enough.
Check FTT and SRM for longer term spot buys, Sam Bankman-Fried is an incredibly smart and successful quant trader in whom I truly believe
to make amazing projects.
If in need, here is my referral for FTX exchange: ftx.com (5% fee discount)
*not investment advice*
FTT - Growth opportunities as good as BNB Quick FTT analysis. I will try to play a little in this tight range. We still on the bull market, i.e I assume ranging and expansion after that.
Moreover, FTT has some really good fundamentally growth opportunities. FTX supported projects (SOL, SRM, REY) continue to grow rapidly and attract more user funds.
Information is just for educational purposes, never financial advice. Always do your own research.
Hit the "LIKE" button and follow to support, thanks!
UNUS SED LEO (LEO) • Finex coin finally showing signs of lifeLEO breaking out in last days but didn't move that much % wise when compared to other coins. This token been into severe bear market and slow markup over the past months. Only last 3 days we finally seeing some aggressive action and i suspect this is just getting started but as usual I might be entirely wrong.
NEO - Momentum Chinese Ethereum follows Momentum trade
If Ethereum goes up, the Chinese version
of Ethereum called Antshares will follow.
The new booties call it “NEO”
I know this sounds retarded but
“When the game is going full retard, you can only go with it.
If you start going against it, if you start going half retard
you're fucking done for” — N0tail
$SRM - Sam takes us to girlfriend land You will get a girlfriend
Your girlfriend will get a girlfriend, and she has a hot sister
and they will all worship you
Cardano (ADA) • We hit another target. Now to next one. Cardano hitting pretty much all targets and forming more consolidation. This rally likely to take us next target (around 40% from here) and pretty soon ATH into price discovery.
At the date of this video. Cardano took XRP marketcap and is now the 3rd biggest (discounting USDT) crypto by marketcap and around 1/10 of the size of ETH. In my opinion ADA will gain significant marketcap simply because it offer better RR than top 2 and as result will rive a lot of speculative liquidity into it and pushing into higher levels faster than ETH and BTC.
Bitcoin (BTC) • Tesla pump setting us more upsideThanks to Tesla announcement of $1.5B worth of Bitcoin purchase into their corporate treasury we know many other companies will follow suit.
I was expecting correction back into the 36k support range but the news clearly canceled and market instantaneously front run by pushing price another 10% up.
We are now at another ATH in price discovery mode.
ETHUSD POSSIBLE BREAKOUTHi.
So ETH is currently in a large ascending triangle, and it looks like it is gearing up to explode.
We had two stop runs, clearing out any longs that entered at 1280+. Basically picking up liquidity for a move up.
I'm expecting a retracement to 1333 and eyeing that as a long entry, with stops just under 1300$.
The targets i'll be cutting parts of my position are at 1414, 1448, 1492 respectively.
Also, it seems there is a slow decoupling happening from BTC, which would be great for ETH as the second market leader.
P.S. I'm using FTX exchange, which kind of made me stop using Binane and Kraken, could not recommend it enough.
Check FTT and SRM for longer term spot buys, Sam Bankman-Fried is an incredibly smart and successful quant trader in whom I truly believe
to make amazing projects.
If in need, here is my referral for FTX exchange: ftx.com (5% fee discount)
*not investment advice*






















