Crypto Trader MC

Crypto trader, sometimes currency.
Alpha & research

[Crypto Trader MC @Cryptotrade_mc]

EURCHF (add limit order on previous win)
ENTRY : 0.98427
SL : 0.98969
TP : 0.9644
RR : 3.67

[Crypto Trader MC @Cryptotrade_mc]

BTCUSD LONG (Limit order) :
Entry : 16756
SL : 16511.7
TP : 17264
RR : 2.07

[Crypto Trader MC @Cryptotrade_mc]

BTCUSD SHORT (Limit order) :
Entry : 16409
SL : 16719
TP : 15882
RR : 1.7

#BTC #Bitcoin #crypto #cryptocurrency #cryptomarket #trade #xtopia

[Crypto Trader MC @Cryptotrade_mc]

To put it in really simple terms don't long / buy bitcoin during the US (short or sell instead).

The amount is not significant if you are a hodler but not a day trader. More work will be done in coming weeks.

#BTC #Bitcoin #Trading #crypto #cryptocurrency

Thread : 2/2

[Crypto Trader MC @Cryptotrade_mc]

Time advantage on trading Bitcoin hourly. There is an obvious pattern supported with a large amount of hourly data (N=44562, since 9/10/2017).

Best trading hour (UTC+8) :
LONG : 18:00-22:00pm, 2:00-7:00am
SHORT : 22:00-23:00pm, 7:00-13:00am

Thread : 1/2

[Crypto Trader MC @Cryptotrade_mc]

@BitcoinData_Ape pretty cool info bro, better shorting at those time when everyone is out the market

[Crypto Trader MC @Cryptotrade_mc]

APT做空 限價盤
Entry : 8.39
SL : 8.89
TP : 7.184
RR : 2.42

[Crypto Trader MC @Cryptotrade_mc]

ETHUSD SHORT (limit order) :
Entry : 1544.3
SL : 1582.6
TP : 1459.8
#ETH #Ethereum #crypto #trade

[Crypto Trader MC @Cryptotrade_mc]

As expected we are heading there.

Sticking with the plot.

#BTC #Bitcoin #crypto #cryptocurrecy #blockchain

[Crypto Trader MC @Cryptotrade_mc]

Same size (N) of 238 is used in this test.

Here is the link if you are interest.
https://t.co/BLlrRexij6

[Crypto Trader MC @Cryptotrade_mc]

There is a weak correlation between BTC weekly % change with US stock market weekly% change 1 week ago.

Therefore we can be monitoring the US stock market and estimate the direction of BTC the week after.

Thread (0/N)

[Crypto Trader MC @Cryptotrade_mc]

The US stock market (Nasdaq composite, S&P500, Russell 2000) weekly % change has a correlation of 0.21, 0.19, 0.21 to next week's bitcoin price.

Where correlation ranges between -1 to 1. Having a correlation of 0.2 indicates a weak correlation between 2 price dataset.

[Crypto Trader MC @Cryptotrade_mc]

@Bitcoin this is going to be a dilemma for the FED very soon

[Crypto Trader MC @Cryptotrade_mc]

#bitcoin #bitcoins #BitcoinCrash #bitcoinnews #bitcoinprice #bitcoin2022 #Crypto #Cryptocrash #cryptocurrency #CryptoMarket

[Crypto Trader MC @Cryptotrade_mc]

🚩These are some useful indicators that I use for watching Bitcoin lows and entry (Thread) :

Bitcoin rainbow chart - $24000 done
Puell Multiple – $15740 not yet

0/N

[Crypto Trader MC @Cryptotrade_mc]

The concern right now is will the Fed raise the rates too much to cause a recession.
In a recession a stock market can drop up to 50-70%, which inevitably crypto can drop further. If the Fed deals with inflation well, another bull cycle could come along with the rise of rates.

[Crypto Trader MC @Cryptotrade_mc]

Apart from above support, what to monitor now :
Fed rising the rates due to inflation (est. max 3.9% by the end of 2022)
Based on historical data rising rates does not necessarily cause the market to drop in 3-5 years terms, although it will cause a short term volatility.

[Crypto Trader MC @Cryptotrade_mc]

If the market does not drop further and recovers, I am happy to buy at $20000 range, where alts like SOL are still -85% from its peak, very easy money to make.