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> Premium Group & Advertising: @kankordio ➊ Website: https://klondikepro.com/ ➋ Twitter: https://twitter.com/Robert_Klondike ➌ TW: https://tradingview.com/u/BillCharison/
🫡 Codyfight just announced a listing date — TOMORROW (15.05.24)!
#CTOK token will be listed on gate.io and Uniswap tomorrow at 10 AM UTC.
Make sure not to miss the listing, it promises to be huge:
- Codyfight have quadrupled it's players base in the last two months.
- #CTOK IDOs on LaunchBlock and DAO Maker sold out faster than lightning.
- It becomes the first LERC-20 token to launch on Arbitrum, showing extra care for security.
📈 EARNED ON TODAY PUMP!
Once the market started feeling better, we gave a LONG signal on #DOGE in the Premium Altcoin Channel. It started pumping and reached ALL targets and by now printed +120% profit!
🧐 Want to join Klondike Premium Channels? Write me @kankordio or visit our website https://klondikepro.com.
📍 "Profit/Risk Ratio" - what is it and how to use it?
Professional traders use the profit/risk ratio to estimate a possible profit in relation to a possible loss. In order to understand how much is the profit/risk ratio, the trader needs to determine both potential profit and potential loss. The potential risk is the difference between the entry point in the position and the stop order. The potential profit is the difference between the entry price and the target order.
🔎 If you buy Bitcoin at $6900, place a stop order at $6800 and take profit at $7200, the risk will be $100 ($6900 - $ 6800), and the profit will be $300 ($7200 - $6900).
Comparing the risk with the possible profit, we get the ratio: risk/profit = $300/$100 = 3
If the ratio is bigger than 1.0, it means that the profit is bigger than the potential loss.
Why is it useful?
📊 Let's use the statistics.
The table below shows the dependence of the probability to lose the whole deposit on the accuracy of your trades and the profit/risk ratio in each trade. So, we can see that even if your strategy has only 60% accuracy, but at the same time, the profit/risk ratio is at least 1.5:1, you can already be sure that you will not lose all your money. But if the ratio is 1:1, with the same 60% accuracy, the probability of losing the deposit with a series of unprofitable trades is already 12%
✍️ What is important to understand is that I'm not saying a dump below $60,000 will happen 100%. There is still a probability of going upwards from current points, so in fact there are two options:
- Enter LONG right now (as I did) and be ready to average lower in case of a breakdown
- Wait for $64,000 (descending resistance) breakout and enter after that.
The second option is safer, but gives worse entry point.
👀 Bitcoin filled the second buy order, the LONG position is valid. Holding.
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📍 #PEPE UPDATE
Local support (red line) was found and confirmed. I will buy after the resistance 935 cents breakout.
This one must be leading all the memes on the next way upwards.
🐝 BTC BRIEF UPDATE
I hold my LONG position, it will take time to get some good profits from it. One buy order was filled, others are waiting.
Bitcoin came back above $63,000, but in fact it's nothing. As long as we stay above $59,600, priority remains "neutrally bullish"
To make it bullish, we need to break through the $64,000 (descending resistance) with strong impulse.
🦋❤️ Despite the fact that Bitcoin is dumping this week, Ethereum is staying relatively strong on the $3000 support!
The same can be said about some (many) altcoins (not memes of course).
The falling wedge pattern remains relevant.
Good time to play Hamster Combat while market is that boring. Earning rewards for the future.
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🍷 #FET MADE US SOME GREAT PROFITS!
Despite the market is bleeding, we keep earning! Gave a SHORT signal on #FET in the Premium Altcoin Channel. It started dumping today, it reached 4/5 targets and by now printed +83% profit!
🧐 Want to join Klondike Premium Channels? Write me @kankordio or visit our website https://klondikepro.com.
🙅♂️ A deadline for the final decision about the VanEck Ethereum ETF is 23th of May. It cannot be moved any further.
Recently SEC has already postponed a decision about the Invesco Galaxy Ethereum for 60 more days until 5th of July.
More likely we won't see any ETH ETF Approvals this month. That's why we can consider that the negative effect of these events is already priced in (by what is currently happening on Bitcoin & other crypto markets).
🦋 ETH UPDATE
Ethereum has formed a Falling Wedge and at the moment chilling above the $3035 support level.
I believe Ethereum will start moving and breakout through the wedge, but only after Bitcoin makes its move first.
Accumulating for now. https://twitter.com/Robert_Klondike/status/1787761899020353626
🐝 Bitcoin filled my buy orders on the $63,000 level, we still may see some fast wicks below this support, but not really lower.
I have buy orders down to $51,000 just in case.
🐝 BTC UPDATE
The price broke through the strong descending trend line and now taking hold above it.
It is definitely bullish. However, I wouldn't recommend to go ALL IN at the current price. I've waited for a dump to $64k to publish this update.
We can see a wave downward to the $63,000 support level (and even a small fake breakdown of this level). The best option for now is to place a ladder of buy orders in the $62,500 - $64,000 range.
🐝 Bitcoin is perfectly follow our path. It has left the deviation zone and ready for a new wave of growing.
A detailed Bitcoin update will be published a bit later today.
🏁 #PEPE earned me +18% profit from the purchase I made on the breakout
Moved stop loss in breakeven and holding.
🐝 BTC UPDATE
The chart this week is quite simple. There are two resistances: $63,300 (local) and $64,500 (main). There is an extreme sell pressure in the main resistance area, the price was rejected from there 7 times already.
Talking about supports.. there are two of them: ascending trend line and $60,000. In fact, I tend to believe that $60k is just a psychological level that bulls don't want to lose. There is no real buy pressure there.
The only support that matters is the ascending trend line that saved the price 4 times already.
🧐 How to trade it? The safest buy is on the confident $64,500 breakout. A riskier purchase is after $63,300 breakout. If we lose ascending trend line — say goodbye to Bitcoin above $60,000. If this happens, we will see $55,000 zone in no time.
Bulls need to push the price today. Otherwise this week might be bloody. I adjusted the size of my LONG position on Bitcoin, closed 30% of it here in small profit.
💚 KelpDAO introducing Mega Million Marathon! — Chance to earn. Let's dive in.
The team arranged a whopping $1,000,000+ reward pool across 5 categories: #USDC, #ARB, #OP, #SD and EigenLayer Points rewards. To get additional rewards you just need to restake your currencies from May 07 to May 21.
By the way, there are different rewards for every #ETH restaked with Kelp. Make sure to check it.
You can RESTAKE your #ETH here: https://kelpdao.xyz/restake/?utm_source=Klondike (advise using Blast or Arbitrum networks)
⚠️ If you are building LONG position on Bitcoin or any Altcoin, you need to expect such a dump to happen.
Bulls are not showing strength around the $60,000 level, so chances of such dump are increasing.
Don't use high leverages, x5 on Bitcoin and x2 on Altcoins is maximum you can afford now. Averaging at $57,000 - $55,000 and below $55k will bring you huge profits.
Chances of going below $50k are EXTREMELY low.
🧐 What are we buying on this dump? DePIN tokens!
We made a YouTube video where considered TOP 5 most promising DePIN tokens! We include as small ones as big ones with huge growth potential, up to X50!
Please like and leave a feedback 🙏
Make sure to check it out: https://youtu.be/TOjDVn4jluI?feature=shared
🍯 Two main narratives in Crypto 2024 — Gaming & AI. The next project we invested contains both of these themes — CODYFIGHT!
Codyfight combines turn-based strategy with RPG elements in a browser-based game where you can challenge AI and human opponents. Attracted $4.3M investments from DAO Maker, LD Capital, Evangelion, Impossible Finance, gate. io and others. There is also a support from Arbitrum.
There are more than 30000 players and 8.5M (!) games played. And there is an in-game token #CTOK which is necessary for rewards and other game functions.
👉 The IDO will take place at the 13th of May on GameFi и ApeBond. The listing date is 15th of May, it is confirmed on gate.io. There is a high chances of getting an AirDrop from the project, so make sure to register on the Website and complete simple tasks there.
More info: Website | Twitter | Telegram
🚀If you've been looking for a good channel for a while, check this out - King of Futures. He was one of the first to predict Bitcoin DUMP to $55.000 and made money with his audience on short trades. 🔥
💰Profit in April of +6.500% 🐳
🎯Target for May +9.000% 😌
Mark is a top trader on BitGet and in his Telegram channel he shows all his trades absolutely free of charge.
✅ There is NO ADVERTISING, NO SCAM on the channel as the author earns with his own labour and he doesn't need it all!
Follow the channel for a while and decide for yourself whether you should stay or not 😎
Entry to the channel is free: /channel/+4B-Syk2_jK1iODYy
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💜 Great News appeared from Mocaverse - partnership with TrustWallet and Public Sale Results!
First of all, as I wrote some time ago, Mocaverse run a Public Sale. It has already ended and here are some results: Total Funds Raised: $5M, while Total Funds Committed is $29.3M.
And the second news is about partnership with Trust Wallet! More than 100 million new users onboarding to Mocaverse network + Moca Partner Network goes stronger = Mocaverse goes bigger!
Now you can get some #MOCA tokens on their website by completing simple tasks:
- Connect your wallet on the website
- Complete different types of missions
- Follow news about the TGE and AirDrop
🐝 Buy orders for my LONG position started being filled.
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🐝 BTC UPDATE
I hold LONG position on Bitcoin, average entry at the moment is $63,000. I used x5 leverage, which sets my liq. price at about $50K level.
Entered with a relatively small amount of deposit because I want to average it lower. There are three orders: $61,200 $60,300 and $59,600.
I'm ok if we go higher from now (but tbh chances are decreasing with each hour passing). But my overall goal is quite simple: have a LONG position opened with liq. price BELOW $50,000. You can agree that chances of falling below $50k are extremely low (<5%).
❗️Buying some #FRIEND here
Some of you might remember friend.tech, we told you abot it back in August 2023. Recently they made an AirDrop of the tokens, but I decided not only not to sell, but buy some more.
Let me explain. Currently 91% of tokens that were granted by AirDrop are claimed. Moving further. The overall supply is 100M tokens, 88% of them are for AirDrop and 12% of them are for rewards for the liquidity pool. No KOLs, VCs and other rounds.
💯 The token is currently #1 by daily trading volumes on all DEXs. The liquidity pool offers good conditions, up to 570% APR that gathers a lot of locked liquidity (totally $55M in LP farming).
All in all, friend.tech is Layer 3 on BASE and #FRIEND is gas in this chain. Current marketcap is $220M only. No major exchanges listing yet. I believe there is a room for X3- X5 in mid-term easy.
❗️I already hold #POPCAT and buying here more
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✍️ But don’t forget that there is an opened GAP on Bitcoin Futures chart (CME exchange) that has high chances to be covered during this week.
Luckily, it is not big. The lower border is located at the $63,300 level.
🤝 #WIF printed +55% profit from the bottom that pretended to be a H&S pattern.
Based fake pattern. Congratulations to those who entered the trade.
