Effective trading strategies and cryptocurrency industry trends. Chi, IL Data Scientist...not a financial advisor, but damn would I be a good one!
#UChicagoAlum
If you do not participate in the #cryptotrading, or moreover,the growing #crypto economy, better late than never!Use my referral link and I will personally answer any questions you may have about #cryptocurrency!
Android: https://t.co/knStnUnkme
iOS: https://t.co/knStnUnkme
$BTC
#Solana Mania! Nearly HALF of #crypto investors are interested in $SOL 49.3% - a 7x surge from the beginning of the year! The # of active developers building on Solana increased by 30% in Q1 2024, and #NFT sales volume on $SOL marketplaces like @MagicEden has surged 5x YTD! #DeFi
#Solana Soars! $SOL surpassed $BNB to become the #5 #crypto in market cap, reaching a whopping $83 Billion! Impressive 66% growth in 2024 alone shows potential as a major player. With blazing speed & low fees, could it be the future of #DeFi? #Bitcoin#Blockchain#Cryptocurrency
(same #Coinbase portfolio) You still NOT too late to get in the #crypto game! IMHO the next cycle is nowhere close to peak, and every cycle has seen my portfolios grow by 7-10x. Follow me on YouTube, IG, X, as I drop #crytocurrency knowledge bombs. In #Bitcoin $BTC $ETH we trust!
If you do not participate in the #cryptotrading, or moreover,the growing #crypto economy, better late than never!Use my referral link and I will personally answer any questions you may have about #cryptocurrency!
Android: https://t.co/knStnUnkme
iOS: https://t.co/knStnUnkme
$BTC
If you'd like to know more about prominent cryptocurrencies, and feel like your technical expertise is anywhere between good at math and blockchain/software developer, check out my new Whitepaper series on YouTube! https://t.co/fllSQGUUC9
The 1st coin in my series: Solana ($SOL)
We want to look at 2 figures, the overall slope (>0 = uptrend, <0 = downtrend), and concavity (is the trend accelerating). The graph helps determine inflection points, or if #momentum is going to stall soon. In crypto, once momentum stalls, the entire trend tends to reverse! $FIL
LRS measures the direction & strength of a linear trend in a security's price over time. LRS is calculated as the slope of the regression line. Put simply, positive slope suggests an uptrend, while negative indicates a downtrend. Using this, how do you think $FIL has been doing?
Sup fans, today we'll explore two popular indicators, Linear Regression Slope (LRS) and Stochastic RSI, explaining their theory and application. We'll later apply these #technicalindicators to $FIL, which is a longtime favorite of mine. #crypto#cryptocurrency#filecoin#bitcoin
Take notes: open up the RSI window to view 100+ day periods, and use 50 as your threshold indicator. When the trend line moves from below 50 to above 50, BUY; from above 50 to below 50, SELL. Use the following $BTC (#Bitcoin) #RSI chart for example, where Buy=Green & sell=Red:
Unless you are day trading, it could be more helpful to expand the #RSI window from 14 days, to a much larger window of 100+ periods. and actually ake positions. For example, if I were to expand the window to 100, I can use 50 as a threshold, and simply Buy/Sell w/ each cross.
Relative Strength Index (RSI) is a momentum indicator that measures the magnitude of price changes to determine overvalued or undervalued conditions. The standard rule is simple: Buy when the trend line is above 70, sell when the trend line is above 30. Please see the attached:
Sup fans, your favorite crypto weatherman is back and ready to predict the future with trusted technical indicators and strategies. In light of the recent pump, we are going to start with the basics, reviewing Relative Strength Index (#RSI) as it applies to #Bitcoin price trends
@CheddarsBalls @BurnerYouHeard @__Kingnik@NimblewNumbers Lol that paycheck was more than GB could afford.
But for real, if Jamaal Williams, 27 yrs old, motivating his NFL teammates, already making millions, entering the second year of his 2 year deal...is "living a pipe dream"...please tell me what it is that you're doing exactly