Member Info for lunq

Back in January I remember Zengah was calling for £3 ARB but was told to shut up by both bulls and bears on this board. Probably because people were pooing themselves at the time since Bitcoin was dropping in price whilst also annoyed with the quantity of his posts... But fast forward a few weeks later and not only did we hit £3, but now people are accepting £6 as a realistic target. Funny.

$77k is definitely possible on the next leg up...

I posted this chart on 25th January when Bitcoin was around $33,000 and people were sobbing into their cornflakes:

https://coinalyze.net/snapshot/sEM5fowg

Squint your eyes a little and you can see the bull flag pattern played out hitting $48K:

https://coinalyze.net/snapshot/drFQq_dl

I think a similar flag pattern will develop over the weeks with Bitcoin eventually hitting approximately $75k region.

https://coinalyze.net/snapshot/_dH8XEGI

We've had a few weeks of pleasure, now it's time for some pain. If you learned to embrace the kinky side as previously advised, the next few weeks should actually be enjoyable...

Good luck everyone, don't get shaken out too early.

---

"Everyone has the brain power to make money in stocks. Not everyone has the stomach." - Peter Lynch

Thanks Tommy, appreciate it. You wanna know something about being a millionaire? It’s nothing special. It’s just a name. Nothing changes unless you let money change you. I’m a self made one, not born into a wealthy family. There is no real difference about me than the person next door who is not a millionaire. The only difference may be that I’ve focussed a lot more of time and effort on achieving financial independence than he has. There is nothing special about me. I am of average intelligence. I was not born with a silver spoon. I started this journey in debt. But I worked very hard to achieve my goals. I still do. Everyday I’m up at 5am, reading the news, keeping tabs on my portfolio, looking out for new opportunities and exploring new things. The opportunity to become a millionaire is open to everyone. Everyone. Money is abundant. Opportunities are everywhere. Information is everywhere. It’s up to the individual whether they make the most of it. I tire of the whingers. Oh Arb has gone down today. Oh the Americans are not buying. Oh why has Bitcoin gone up and Arb going down. Oh why haven’t I become rich after a week of holding. Oh woe is me. Deal with it folks. It’s all on you and no one else. No else is responsible. Not your parents/upbringing. Not COVID. Not Zengah lol. As 50 cent says: Get rich or die trying. I don’t have any special tips to help accelerate the process, it’s all about the individual and how they choose to spend their 24 hours a day.

Good luck, everyone. Oh wait, no.... luck doesn’t exist, it’s just a word. But somehow the harder I work, the luckier I become. But I wish you all good luck anyway on whatever journey you are on.

Thanks for sharing the link.

There was a crossramping thread a while ago promoting another stock, and I cheekily crossramped the crossrampers by mentioning an altcoin which I had bought. (Not saying this thread is a crossramping thread, but this is a good moment to update the altcoin trade).

The second time I mentioned the altcoin was not long after I disclosed I was a millionaire and in direct response to someone who said something like: "people who brag about making money are usually talking bullcrap".

This will be the third and final time I mention this altcoin.

The altcoin is called 1inch which I mentioned on 18th January was purchased on Binance for an average cost of $1.88 with a target of $4 to hit by March (check comment history)

Price has now hit the target of $4 with a gain of approximately 112% taking 12 days:

https://www.coingecko.com/en/coins/1inch

>So what?
This is not a recommendation to buy sell or hold. Neither is it a crossramp. This is an update to the trade for anyone who was paying attention.

>Sounds like bragging to me...
It's part bragging, it's part proving to the previously mentioned naysayer, but mostly serves as motivation and perhaps even a little inspiration.

When someone has the courage and conviction to post the specifics entry, target and date, it probably means they know what they are talking about....or not. Maybe I just got "lucky". That's for you to decide. It's easy to say "stock XYZ is going to do well soon, check it out!" But how many people give specifics targets and timeframe?

Celebrating wins and achievements was common in a sales environment I used to work in. For some reason, in this - what is essentially a money making forum - we don't like to do that. Seems like we favour commiserating with the losers sometimes...

> Yawn, so how much did you make then you smug git?
99% of you wouldn't believe me even if I told you.

>OK well shut up then you idiot, this thread is dross
Alright thanks for reading, I will stop now. Not selling 1inch by the way, will be holding until end of year. Cheers.

/end

1hour chart:
https://coinalyze.net/snapshot/vfq6lM1i

Bitcoin hitting resistance in the short term, don't be surprised to see it pull back in the next few days. Odds of it going down are probably higher than it going up. Noobs... don't start pooing yourselves if it happens, don't start phoning the samaritans if it retests $30,000 again, etc.

https://coinalyze.net/snapshot/r0mFjhvD

Trend lines (and support & resistance) are a really easy concept to understand. Use the information within charts to guide you or you're stumbling to the toilet at night peeing without the lights on. Never ends well.

I'm going back to altcoin world for a bit. Have a nice weekend. Bye.

#TheChartsDontLie
#BackToBasics
#NeverStopLearning

>Trendline
https://www.investopedia.com/terms/t/trendline.asp

>Support and Resistance Basics
https://www.investopedia.com/trading/support-and-resistance-basics/

Have you seen Doge today? If that isn't a sign of a bull market I dont know what is...

Phillip, sticking with the cooking theme...a watched pot never boils....

Said this before, but we need to remember that choosing the right company/asset is only Step 1. Step 2 is determining the appropriate times to buy, sell or hold, as per your own individual strategy. Some people go all in at the beginning, others like to pound cost average over time, and some folks prefer to sell low and buy high.

Happens a lot in crypto too. Artificial price suppression and price pumps initiated by marketmakers, often using fake buy/sell walls pushing and pulling prices towards certain levels knowing that humans and bots may react at specific levels. Crypto is far less regulated than traditional markets, but it wouldn't surprise me if market makers play similar games here.

Yep also Michael Saylor bought an additional $10 million worth of BTC at $31,808 a few days ago. It's likely he would have been advised by some smart cookies on whether the timing was right. Throw in the fact that various bankers are calling for a price drop and its looking bullish.

Do what you need to do, Zengah. It’s amusing how so many talk about you, even the ones who have you filtered still make effort to ***** about you on various threads.

#LegendOfZengah
#FilterAndMoveAlong
#UpTheBullsFookTheBears

jayblue, sigh, who to trust these days? Can't listen to anyone. Not Zengah? Not JP Morgan? Even people's favourite Bitcoin ramper Raoul Pal you could say has an agenda when he's constantly conducting Youtube interviews making the case for BTC.

There are some traders who rely soley on the charts for information whilst deliberately ignoring daily news coverage. I think they may have a good point.

Guggenheim CIO Scott Minerd has made another bearish prediction for short term Bitcoin prices.
https://cointelegraph.com/news/guggenheim-says-institutional-demand-not-enough-to-keep-btc-above-30k

Few days ago JP Morgan was calling for further Bitcoin price drop in short term...and now we have Guggenheim saying something similar. One minute they are ramping and the next they are deramping like schizos. People moan about the rampers and derampers on this board, but these financial firms are the ones who yield real influence. I said before the bankers will push Bitcoin up and also take it down. These FUD articles are part of their arsenal.

Bitcoin's Whale Numbers Continue to Explode. First 100K+ Token Address Emerges in 7 Months:
https://twitter.com/santimentfeed/status/1354628106431193092

Small fish panic selling on Bitcoin dips.
Big fish accumulating on Bitcoin dips.

#ScaredMoneyDontMakeMoney

Hmm they look a bit more alike now:

https://coinalyze.net/snapshot/OFurqppe

CVD indicator doesn't show the green and red volume bars though which I think is a useful to know.

OK I'm done for the day. Goodnight.

Found the indicator he is using called CVD compared it with the BuySellVolume:

https://coinalyze.net/snapshot/n04Fngt2

Doesn't look quite the same...

Note that on the CVD indicator, there looks to be something of a breakout?

Shrug. Who knows.

Actually sorry no he didnt, he is using a different indicator! Same principle though I think...

BitcoinJack from Twitter just tweeted the same thing as what I posted above:

https://twitter.com/btc_jacksparrow/status/1354508505416392708?s=21

Few days ago I posted a link to a chart showing the BuySellVolume of Bitcoin suggesting the volume was overall bullish despite the recent drop in price. The chart was based on the 1 Day timeframe but today here is the shorter 4 Hour chart:

https://coinalyze.net/snapshot/bjHD5Y7a

Looking at the orange Cumulative Delta line (net Buy/Sells) it's clear during the initial dip a few weeks ago, the net volume dipped into the red Sell zone indicating selling pressure.

However, despite today's most recent dip, the volume is weighted towards the green Buy side. People are buying the dips.

We can also see the orange line is trending upwards, starting to form higher lows. The orange line has also "broken out" of the previous downtrend, and is slowy trending upwards.

Furthermore, the upward trend of the orange line is in divergence against the downtrend of Bitcoin price, indicating a Bullish Divergence.

====
FAQ
====

Question: I dont understand this voodoo crystalball chart stuff, what are you talking about?
Answer: Bitcoin might appear to be dropping, but people are heavily buying the dips. Buckle up. Strap in. It will be boom time before you know it.

Question: What do you mean by volume? Like having nice volume in my hair?
Answer: Volume can be a good indicator of interest. Whenever there is high volume of an asset it's generally always a good sign. The indicator shows increasing Buy volume and decreasing Sell volume which is bullish.

Question: What is a Bullish Divergence?
Answer: "A situation where the price candles’ tops or bottoms point in a different direction from the corresponding tops or bottoms of the indicator’s signal line is called a divergence. Such divergence can be bullish or bearish" :

https://www.thinkmarkets.com/en/learn-to-trade/indicators-and-patterns/general-patterns/what-is-bullish-and-bearish-divergence/

#NotFinancialAdvice
#JustMyOpinionBasedOnOneIndicator