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A bit of up, a bit of down, a bit of a mess on many time frames is the crypto market to this cryptotrader. Yesterday was a decent day in the red which got me short ADA. Today ALICE had a short option as well. The falls covered the board yesterday and so far today AVAX is the only top-10 that is down upon time of writing with BTC, ETH, XRP, DOT, SOL, DOGE, BNB and TRX all up. Stay safe
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It would come as no surprise for me to see crypto go into a crab walk or a crawl. That means sideways. I share the moves from yesterday and where we are sitting today on BTC, ETH, XRP, DOT, SOL, AVAX, DOGE, BNB, TRX, and ADA and explain my theories to the cryptotraders out there about scenarios I see as likely. Have a great day.
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Bitcoin was down yesterday and so far up today, ADA has a great crypto cradle short available on the daily as does XMR. ETH, DOT, AVAX, XRP, BNB, SOL and TRON all push higher so far but don't get your hopes up just yet as cryptotraders are dealing with large volatility and it may continue a while. Wait for trends to set in is my plan
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Bitcoin has bounced but is back into the cradle zone to the bears side. ETH, BNB, ADA, TRX, SOL, AVX, XRP DOT, and DOGE are all in downtrends on the daily. Cryptotraders like me will be waiting to see if the daily charts provide us with options to short tomorrow. Be safe, be well.
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Pascal Lauria is the CEO of Coinanalyst which is a provider of trading and investing data that is working towards being the digital asset equivalent of Bloomberg. With insights, big data and a plethora of highly useful information available for institutions and you and me, this is a business to check out. The company is listed on the Canadian stock exchange which brings another level of transparency and accountability. I enjoyed this interview
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The market has been brutal this week to anyone not trading to the short side and the collapse of LUNA has broken many people. This piece today is not about the news of the week or the news of next week, it's about you, me and the crypto community that are struggling right now. While i give my support I also wanted to give some key takeaway points for anyone who needs to hear them. Stay safe out there friends, be kind and share this with anyone you think needs to see it. Things will be ok in time if you are in a bad place.
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Look it's been a brutal week for those not short the market and even those cryptotraders that have been doing well on the short side are still seeing their portfolios hurting. It's the despair that I am seeing in others that has really hit the hardest, people have lost it all through the LUNA fiasco and it's very sad to see. Bitcoin, ETH, ADA, XRP, and everything else can go lower, don't play the game if you don't know the rules when it comes to trading, and please, for the love of god, just be nice friends.
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I have shared a lot on this podcast, I don't tend to hold too much back because I am just a straight-up person. Yesterday I talked of how I had finally got myself back to where I needed to be the best trader I can be. Today I woke up to big profits and massive satisfaction for the work I have put into myself. While BTC, XRP, ETH, DOT, BNB, AVAZ, DOGE SOLand ADA fell, I was short other Alts that generated incredible profits. Luna was down over 50% with UST falling to 68 cents for s stable coin. Cryptotraders, you can rebuild, you are worthy and it's up to you. I love you
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Bitcoin has let go and fallen hard and not to be outdone we see the same on ETH, LUNA, XRP, DOT, BNB, ADA, SOL, and AVAX. Surprisingly it's DOGE that is holding up the best in this carnage. Time to be looking for shorts cryptotraders.
Learn How To Trade
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Discounts and Promotions
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This Week In Crypto: France becomes first big Euro nation to grant Binance regulatory approval, how will this development influence the other countries? Cryptography pioneer Silvio Micali on where crypto is headed, find out his interesting take on true decentralization. Gucci is the latest luxury brand to accept crypto payments, why are luxury brands ahead of this trend? Top tips to protect yourself against crypto scams.
Join Craig “TraderCobb” Cobb as he dissects the hottest topics around blockchain and Cryptocurrency.
Learn How To Trade
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Discounts and Promotions
30% OFF Taker Fees at Bybit: https://bit.ly/tcbybitpromo
10% Discount at Binance: http://bit.ly/2ta6OUu
Join the Trader Cobb Community!
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Twitter: http://bit.ly/33x7gsI
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From the publisher's feed
Craig Cobb hosts The Trader Cobb Crypto Podcast unpacking his 13 years plus experience in traditional stock markets, FX, commodities and bonds (as well as over 6 years as a mentor to tens of…
NOTE: This is not financial advice, Craig Cobb is not a financial advisor and NEVER provides tips on what to buy, sell or hold EVER. This podcast is to give his views and share a fun environment to have a chat about all things crypto and beyond. If you wish to invest in anything make sure you seek advice from your financial advisor first.
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