Daily and Weekly Bitcoin Trading Tips

I recently chatted with a guy on X who's been dropping some awesome insights on bitcoin trading analysis. I'm gonna keep this thread updated with his trading charts so everyone can take advantage of it. He made this perfect call on January 15th, and you can check out his X profile for more details!

Interesting analysis when I saw the post on x.com. However, most members here, including me, are not signed up or signed in on x.com, so viewing such posts becomes a bit challenging. I suggest you try and share the images in this thread. Use talkimg.com to upload and post images here Use the following tags for images and not as you are trying to do up there

This is the image: Many people among us are on X because X is full of crypto people.

Thanks for the heads up mate.

Yeah, and he shares really great analysis and calls over there, he has called on some great coins/tokens like $ZEC, $INJ, $ZEN, $URANUS etc.

I have been making some good returns following his calls and I thought of sharing it here as well. This forum was the beginning for most of us in the crypto space so I thought i also share some great talents i have seen on X and how his community is sitting on some decent gains.

These analyses are usually shared for fun and should not be taken as investment advice or considered too seriously. The best use for them is as part of a technical analysis. You can track that member's past posts and compare them to the price trend to see the accuracy of their predictions.

X is full of crypto influencers, traders, and investors. Many important crypto related news can be found there because it is a place where everyone find peace in expressing themselves, share crypto updates and analysis and share trading signals also, but most of these things are for fun and to get followers on X. No one here will advice you to take that serious, but it can be helpful since you have testified that you have made some good amount of money from the call, but not always reliable that’s why we always advice everyone that is willing to become a trader to learn and know how to interpret market and so on, so that you can verify signals being sent and also make some adjustments as the case may be.

You are right and I also observed that as well. TBH, isn't that good to always take whatever thing a trader said into heart as ; 1. They could be doing that to attract more followers. 2. Engagement on their handle. Of course, we aren't meant to entirely rely on every analysis as someone could do their analysis and market may change where the so trader likely lose without knowing that the market doesn't respect people choice. Instead it would be that better to trade with what they see at the moment.

I agree and you are welcome to do so, take sometime through his pinned post and scanned through his posts you will noticed waht i am talking about. https://x.com/KEmmra/status/1986911266300940668?s=20

you are right, they are all useful information

This is recent BTC update he pushed and it's quite interesting it just played out, lmao. In his words as below $BTC imagine panic selling because of a $87k damp of a Gaussian channel RETEST Bears got loud.  This week or next week may be their last week  of talking

When it comes to technical analysis, certain patterns always form in a similar way in each specific time period on the timeframe we use for analysis. From the chart image, I personally can even describe a different pattern from the one you found in X. And if you remove all those lines and reanalyze the data, from around late November or early December until now, the pattern actually resembles a parallel bear flag. I'm too lazy to draw it and show it here. But if you know the chart pattern I'm referring to, you can visualize it yourself from the daily chart from November to today. And actually, as long as Bitcoin cannot break through 100k in the next attempt and instead corrects and breaks through the current level, Bitcoin has the potential to correct even further. It could go to $80k or more if it does not find strong support that can hold back the downward trend.

Despite all the charts and analysis involved in trading, the best advice any trader can get now would be to use a limit of between 1-2% of their capital to trade as per daily, because the market is really volatile for this January and we have witnessed a drop in price from 90k to 88k as am speaking. Applying stop-loss at about 85k should be sufficient to protect a good trader against any sudden market crash that may be expected after the Fed signs their Genius Act or any other news like Trump announcement that may create FUD in the market. As such, a weekly advice does so much as encourage traders to use DCA strategy to effectively position themselves as the market decides its direction in coming months.

If it's about following someone's signals on from the internet, I would advise the trader to risk what they can afford to lose and let the person also learn how to trade on their own because even good traders can make mistakes but if you are also good on your own, you will know how to spot errors from a signal you collected online. I didn't know about this trader you just posted his handle but I have come across most of them on both X and telegram. I even posted one here a long time ago but I don't follow them again, I prefer to do it on my own. As a trader, don't only depend on signals, learn your own strategy and work with it.

You are right bud, absolutely right, I usually spend a lot of time on X because as I believe we all know, X is simply another crypto discussion hub with its one unique style very different from this forum. I also have not come across the user the op shared here but I will check him out after I've posted this comment, there are alot of X users doing this analysis and posting but like you said, no one should take all of this too serious cus if we are to begin to dig all other posts and begin to compare, we did realize that most of them have a very low and terrible win rate, and what this mean is that if we are to follow this type of accounts and invest/trade based on their analysis, we are be losing far more than we will be profiting. So this is one the reasons its extremely important we learn how to trade ourselves, make analysis for ourself and stop depending on random people we don't even know.

Which means based on that image and analysis, we'll see the bottom for this time is about $80k? not bad if that's going to be the lowest that we'll see. Because last year, the market has corrected and it went below $80k and so, that's still a good price if this is going to be the floor price and the support that we're waiting before another push upwards is going to come. But for the holders, you don't have to look at these dailies and weeklies.

Giving advise to new traders is very good but there are some traders that will not take your advise while some will take your advise to try it and see what will happen at the end when they trade what they can afford to lose in crypto market. Like those that have strategies that is working for them not to experience lost in trading will not pay attention to your advise, because there are many ways or strategies traders are using to access profits from crypto trading which they will not like to expose the strategy to other traders to know. Whenever you are preparing to trade your coins in the market, have it in your mind that there are two things that will happen when trading and you cannot miss the two at once in the market either you gain from your trading or you lost in your trading.

Well this is a great idea, it will be of good help to some investors and traders, although there are also others that do analyst on Bitcoin in x as well, what makes you trust this individual on analysis, is not just about post on x it is about the reliable thing How have his past Annalise been, what is his win rate and stuff's like that, because I am interested, in following him up and will go and check it up by myself, but I think it's better you dropped that, also in the post

Apart from the entertainment they share, it can also be useful as a reference for learning and understanding someone's point of view with the methods they use, we can also see the quality of their posts by the accuracy of their speculation, even though the accuracy of predictions is always not good for most people who carry out technical analysis to see movement opportunities.