BItcoin pushing towards 8000 USD. It could breakthrough the Fib level 1.0 or peak at it. Performance of these 3 cryptos are perfect as they almost 100% peak at Fib level 1.0. The following charts are 2 days worth of hourly timeframes. Go figure?
Check out the lastest ETH USDT green candle push up to Fib level 1.0 but still hovers just under. These Fibs levels are so predictable
LTC USDT is not as strong but still peaked at .786 Fib level. These become you exit levels since they are so predictable with Fib levels.
XRP USDT is still too choppy but most recent peak was at FIb level 1.0 in the last 2 days.
If the predictability of Fibonacci levels do not impress you, either you need to get your head examined or get your eyes checked. As they say, Fibonacci sequences are part of natural order so it seems to work here in trading quite nicely.
Python Infrastructure Building Block course going up 5x in a few days
I just finished the course as explained in the last few days. The final video playback has also been posted as well. As promised, this course will now be going up about 5x in the next few days. Once our marketing goes underway, the price will go up. Get the details here
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Here are the big movers if you include volume and reduced volatility. I would remove the crypto currency pairs where they are tracked on a whipsaw list This is kept for about 3-6 hours to prevent positions that could go negative. This is important to understand to filter out for a higher probability of profitable trade.
2 strategies working to together
This is helpful but the newer strategy is combined with consistent winning ratio of at leas 75% but usually hovers around high 80’s to low 90s. That is very ideal with 30-60 positions opened per 24 hours. It depends on the activity of the crypto currency asset class at that time.
Al positions will be combined into one eventual equity curve, I showed how to build that in an earlier post.
More to report after my last posting of crypto currency algo trading with BTC, I am now able to generate over 3700 charts of 3 time periods for 315 crypto currency pairs from Binance. Time frames include monthly (not a big fan), daily, and hourly I still to fix the dates but I want to move on.
What the video reveals
This video shows how there appears to be little opportunity but they do exist. It seems there are some some decent returns when the timing is picked right. Based upon trend and buy signals, these charts appear to work when needed for market entry potential.
More to come as I am still working on the automated head and shoulders (inverted to be built as well), harmonic patterns, and stats. I need to get these all working with the crypto currency algo trading trading data from Binance.
LMAX now has crypto cfd product like Bitcoin LTC Bitcoin Cash Ripple !
As per some folks in my Telegram group, this crypto cfd came up
What LMAX said:
5 NEW Crypto CFDs – Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Ripple CFDs available – NOW.
Streaming, firm limit order liquidity
No ‘last look’ order rejections
Transparent prices on tighter spreads
Consistent multi-level market depth
Regulated, trusted trading environment
Explore live prices now
Dukascopy only has BTC USD so some might want to switch. Others trust LMAX over Dukascopy.. Also, this same person said they would prefer to stick with a crypto currency exchange like Bitmex vs these CFD instruments. The reason is because people would prefer to hold direct ownership of the coins vs a derivative product of it Thanks to this person for notifying me on this. .