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I have been watching out of the corner of my eye. Started a small position today at $6.73. I'll give it some room to unfold
Here are the 10 alt coins from your file plus ETH and BTC and a couple of others since the last rollover. ETH has proven a good choice for the week so far although certainly not the top dog. I wish there was a possibility of running the 'report' at any point during the week just to see what might be pulling ahead.
I see all five of those coins and then some. I tried to copy the whole list but too many screens to page down.
This might help https://coinmarketcap.com/exchanges/kucoin/
Yes, but not as an initial strategy. I kept opening accounts to try to stay up with all of the coins. Coinbase, Binance and Kraken. Now KuCoin. Very easy to transfer. I am going to get it to CB and KC and try to erase the others.
KuCoin has everything there which is its best feature. It was easy to send BTC from another account. You have to transfer assets from the main account into the trading account. So the interface was a new experience. Also, this was where AVAX was available and proved lucrative. It’s probably the best place to most closely follow the system.
That first video is really good. Watched again today. Also followed the roll into ETH. I am puzzled on this one but I must say the coins last week turned solid. Some I pulled the trigger on right away and COTI I picked up late in the week but pretty happy overall. Interesting video by Scott and his crew. I must say I am getting the hang of Kucoin and liking it much more. A one stop shop.
I've been thinking about that as well. More in the case of COTI which is so new that it doesn't seem to have a history long enough to fit into what I thought the system was trying to determine. SOL has been dramatic and glad to have as one of my positions. It makes more sense if you start back farther such as 45 days or so. COTI still the odd one out.
I skipped LUNA on the rollover. My hold is now BTC (saving one conversion), SOL, AVAX, COTI, QTUM and maintaining a position in LINK (saving one conversion). Staying as close to the system as I can with just a bit of tweaking. I can access the new ones through Kucoin although it's a bit of a pain to get to know. You are staying with FIL I assume? I agree that BTC is ready to overtake ETH and why I am holding that as one of my five.
SOL is a beast. ATOM looking the same. Is it too much at this point? I see it but don't trust it? It seems due for a pull back. Like a stock look for some pullback point via a moving average or other indicator and look for a bounce off of that. Thinking about the system, ETH has just widened the gap so far with BTC which just lowers the ratio even more. What I wonder is if it will swing into altcoins all together on the next roll.
Back in OGN this weekend
https://www.tradingview.com/x/jiYcCA9A/
Prince - Play That Funky Music (Warning: Contains Dangerous Funk)
https://www.youtube.com/watch?v=LNrAFb3I2js
R.I.P. Charlie Watts
https://abcnews4.com/news/entertainment/rolling-stones-drummer-charlie-watts-dead-at-80-publicist-says
LONDON (AP) — Charlie Watts, the drummer who provided the backbone of the Rolling Stones’ songs for more than half a century, has died, his publicist said. He was 80.
Bernard Doherty said Tuesday that Watts “passed away peacefully in a London hospital earlier today surrounded by his family.”
Doherty said: “Charlie was a cherished husband, father and grandfather and also as a member of The Rolling Stones one of the greatest drummers of his generation.”
Earlier this month, Watts said he was likely going to miss the band's upcoming tour so he could recover from "an unspecified medical procedure."
At the time, Aug. 4, a representative for Watts said the procedure was "completely successful" but Watts needs time to recuperate.
For once my timing has been a little off. I am working hard to get fully fit but I have today accepted on the advice of the experts that this will take a while,” Watts said Aug. 4.
Watts successfully underwent treatment for throat cancer in 2004. He was replaced by understudy Steve Jordan, who has played with Keith Richards for years.
The Stones are set to resume their No Filter tour with a stadium show on Sept. 26 in St. Louis.
Here is Total Cap 2 in four different time frames 1D, 4H, 2H and 1H
There are 3 key indicators that I am trying to get a feel for and to try to set alerts.
The first is the CM_Ultimate_MA_MTF. This is probably the one that I think is the most consistent. It is the simple alternating green-red thick line. The changing colors indicates the trending up and down price action. It seems to follow this past weeks softness on any time frame less than a day.
The second on is the Multi-X which is another multiple MA buy/sell strategy. There are 2 components on the chart. One is the lightly shaded green-red areas that follow a crossover system. The other is the white buy signals and red sell signals. I can't change the color of the signals and had to switch to dark background to see the white buy labels.
The third is the Super Trend which is an ATR system that sits hidden except for the buy (green) and sell (yellow) arrows. This one seems to wait a little longer for validation but has less whipsaws.
Power Point is working well but I take it not with Trading View links. BTW...did you send me one on the miners, did you post it below or did I dream about that?
Thank you for all of the updates!! I have stayed in the whole way, but reduced part of my overweight on COMP and put into ETH. And I couldn't keep seeing LUNA at the top of the stack so opened up a KuCoin account of all things...(but still no access to FTT). Here is a look at the smaller universe of coins since the latest rollover late on the 15th. BTC and ETH with the markers on the line.
Here is a daily and an hourly look at the top coins - a hybrid of your's and M's lists. It helps reduce the spaghetti visually. SOL is a good place to camp out
https://www.tradingview.com/x/DNkTroj2/
https://www.tradingview.com/x/2MzJf0N0/
Great! I flipped out of SOL into COMP based on a reversion to mean thought. I'm glad I also picked one in this week's group. Small position. I am overweight on COMP. Not a lot of math in my mind. Strictly visual looking at the spaghetti. Trying to stay with the pack of coins you and M have in mind.
Wow, that is crazy. I did not know that. I swapped out of SOL this morning on the overnight pop. Banked some decent coin.
ADA was an idea that I saw around 9:00 PM last night. I left my charts open all night and when I looked this morning it had popped to the top. A decent 10% move over night.
My universe of coins is changing as M modifies his universe. What I liked on the 30 min chart with all of the coins was that ADA was showing a rise and moving up as the mass of coins was flat to down. The shorter thicker arrow is that 9:00 time.
On the individual ADA chart I like that the supertrend up arrow was in play on every time frame. I also very much had my eye on KEEP and GRT and they also had the supertrend up arrow in play. But I was focused on ADA and ready to pull the trigger when the drowsiness hit.
It remains just an idea as I didn't act. A lot of action overnight. All of my holdings turned up. Breakouts happen. It's like Vegas with casinos open all night and day.
One thought really starting to solidify is that if we are in alt season these idea plays are higher probability plays. A rising tide and all of that. The corollary with stocks is that it is easier in a strong uptrending market to hold winners.
Finally constructed a comparison chart in Trading View of different coins. I started from the July low point 20/21 to see which ones are separating.
The second chart uses my initial buy point date of May 16th
I wish there was a way to spread the scale over the entire chart real estate but keep a static start date.