Topic: The Coin Farm - Largest Group of Altcoin Traders in Telegram (Read 2140 times)
Bitcoin is either in another accumulation or distribution mode. If you look at the weekly chart, the price is really ranging along the 61.8% Fibonacci retracement level which is around $7259. The bullishness of the coming December 30 - January 6 weekly candlestick will spell the following weeks price action.
Well, I'm back home in Manila, I might try out the Bitcoin buying thing in a 7-11 store. I understand what market these guys are targeting. You see in the Philippines, few people have debit/credit cards or Paypal-type accounts because it requires a bank account. The 7-11 infrastructure is perfect for online retailers to accept BTC or crypto payments.
So how do I join your telegram?
if you know how to read and understand then you can join because everything is written in OP you only have to take some time understanding what is needed to join.bookmarking this OP and will check everything and may join once i have enough time because this season is too busy and can't afford to spend more time,but it sounds legit since you are running for 3 years now right?
Actually, joining which is for free is not worth much of your time because first of all the group was meant for scouting possible future altcoin rallies. But because Bitcoin is the main star right now, I have dedicated some time doing trade analysis for Bitcoin.
It is not a Judas fakeout. The price will reach $7,840. If the price breaks through to $7,950, bear meat is back on the menu.
So how do I join your telegram?
if you know how to read and understand then you can join because everything is written in OP you only have to take some time understanding what is needed to join.bookmarking this OP and will check everything and may join once i have enough time because this season is too busy and can't afford to spend more time,but it sounds legit since you are running for 3 years now right?
Actually, joining which is for free is not worth much of your time because first of all the group was meant for scouting possible future altcoin rallies. But because Bitcoin is the main star right now, I have dedicated some time doing trade analysis for Bitcoin.
It is not a Judas fakeout. The price will reach $7,840. If the price breaks through to $7,950, bear meat is back on the menu.
So how do I join your telegram?
if you know how to read and understand then you can join because everything is written in OP you only have to take some time understanding what is needed to join.bookmarking this OP and will check everything and may join once i have enough time because this season is too busy and can't afford to spend more time,but it sounds legit since you are running for 3 years now right?
So how do I join your telegram?
Well well well. It dumped straight into $6410. It should have registered as high selling volume but since many buyers are waiting for low $6k, it was quickly bought. I expect $6410 as the latest Bitcoin bottom, you should treat every dip now as a buy opportunity.
If you followed the last post, you brought at $7146, the price now is $7326. You should move your stop loss around $7160 and just relax, you won't incur any losses in this setup if it happens to be a judas move or fakeout.
Well well well. It dumped straight into $6410. It should have registered as high selling volume but since many buyers are waiting for low $6k, it was quickly bought. I expect $6410 as the latest Bitcoin bottom, you should treat every dip now as a buy opportunity.
And then it happens. The volume grew and the Bitcoin price tanks. We should be seeing an increased volume of selling for the next few days. But take note that in the higher timeframes, the volume is actually drying up which means it will soon explode. It is in line with the falling wedge formation which is said to be 68% upward breakout.
Yeah, I'm beginning to think the Bitcoin price will tank during the Christmas season. The worst case would be a visit to the $5,000 level. But right now the market is indecisively bearish. How the price direction will be determined is by a strong with volume move.
What has happen recently is the break down of a rising wedge which is almost always a bearish pattern. For hope that the bounce from $6500 could be the bottom and the trend reversal. The Bitcoin bulls must defend the $7033 support levels until Wednesday at least.
The Bitcoin bulls defended the $7033 support levels well with the lowest price at $7080 with an inverted hammer to boot. The pattern is bullish but not yet a buy signal.
Right now, the price is going to a retest of that $7080.
So $7080 retested. The price printed $7050 at its lowest in Bitmex. What is the situation right now? Many are bearish and expecting a target of $5000 but I go back to old school forex know-hows that stated: "Every rally is expected to retrace 61.8% before next rally." For Bitcoin's rally from $3122 to $13880, that's $7231. So, we are in the zone to confirm retrace or go below some more resulting in a true trend reversal.
What has happen recently is the break down of a rising wedge which is almost always a bearish pattern. For hope that the bounce from $6500 could be the bottom and the trend reversal. The Bitcoin bulls must defend the $7033 support levels until Wednesday at least.
The Bitcoin bulls defended the $7033 support levels well with the lowest price at $7080 with an inverted hammer to boot. The pattern is bullish but not yet a buy signal.
Right now, the price is going to a retest of that $7080.
What has happen recently is the break down of a rising wedge which is almost always a bearish pattern. For hope that the bounce from $6500 could be the bottom and the trend reversal. The Bitcoin bulls must defend the $7033 support levels until Wednesday at least.
So the Bitcoin price is now around $7400 and did not breakout out of $7600 resistance level in the last candlestick of the three-day chart (supposed to be a bullish railway track pattern). I expect the price action to be ranging from this level to as low as $6,900 until Sunday. By then we will see a clearer picture.
Based from the above chart and the positive bull momentum we are having, the next bullish target will be around $7390 this week. After that, there will be a small correction. The 3 day chart is saying the price could head to $7,700 to $8,000 in under 12 days (optimistic).
A day earlier I tweeted that browsing Bitcoin's KDJ history, last time a bull momentum was this weak was in Aug 22 2015. It crashed few days after but was quickly bought up. Compare the charts. I added possible candlesticks from the old one to the present. This is saying the last dump might be to $6.2 - 5.8k.
HOWEVER, the increasing sell volume from Nov 20, 21, 22 has decreased by half. AND the current weekly red candle is already one of the top 20 longest. I think the price is due for bounce up in at least two weeks.
2015
Present
After posting the prediction
HOWEVER, the increasing sell volume from Nov 20, 21, 22 has decreased by half. AND the current weekly red candle is already one of the top 20 longest. I think the price is due for bounce up in at least two weeks.
2015
Present
After posting the prediction
So, the trend went against me. 
It is interesting that when Bitcoin price fell from $8,500 Nov 15, the number of UXTO dropped (obvious since it was consistent in its increase for a year). Now its back to normal increase.
Why is $8500 significant? Because it is the bottom price of a bull flag from $7400 - $10500 rally. It broke down therefore bearish.
It is interesting that when Bitcoin price fell from $8,500 Nov 15, the number of UXTO dropped (obvious since it was consistent in its increase for a year). Now its back to normal increase.
Why is $8500 significant? Because it is the bottom price of a bull flag from $7400 - $10500 rally. It broke down therefore bearish.
Bitcoin price is right along the resistance line of a large descending wedge. If the price breaks upward right around a few minutes before the weekly candlestick is printed, we will see the whole week regaining the losses until $9000.
I checked the coin farm telegram, has around 3862 members, I do not see it as a discussion many comments which in my opinion are not very important, like the telegram group in general, so I'm not too interested in joining the telegram group.
I'm not interested to hear what you have to say. And I don't care if you join or not join. In fact, it seems like you are just padding your post count for a signature campaign. The Telegram group is free to join, its value depends on pro traders who share their trade setups.
I checked the coin farm telegram, has around 3862 members, I do not see it as a discussion many comments which in my opinion are not very important, like the telegram group in general, so I'm not too interested in joining the telegram group.
As you probably know by now, Bitcoin made the largest gains in one day - a total of 40% increase. It already reached my target of $9,500. I sold some Bitcoin when it went beyond $10,000 and rebought around $9,000.
The two-week period ends on October 28 so that leaves the Bitcoin bears to push down for six more days. Depending on what happens on Monday, more down or the bulls finally cracks the price resistance at $8,300 and on to $9,500.
I bought more Bitcoin spot around $7,700 thereby lowering the average buy in to $8,000 average. I tweeted that last October 18 was the most oversold two week bitcoin chart since 2013 which is an all-time low. The chances of a strong rebound went up because of that.
So it went down. The last time a true Wyckoff market cycle happened in the Bitcoin daily chart was in 2012 and all Wyckoff models feature a failed rally or spring on top of the distribution phase before the markdown. Obviously this is case of an ascending triangle that broke down and not a Wyckoff like somany traders are assuming. What I see "might" happen is from my tweet. https://twitter.com/drei4u/status/1184448288684040192
Ok, there are only a few hours left before a new day and a new week begins. It seems Bitcoin price is going to push for $9,200 to $9,300 before a new correction is made. So, I re-bought From $8,300 to $8,350. And I always have extra fiat if it ever goes down.
Anyway, bought Bitcoin at current price at $8336, the daily candle looking to print as a pinbar ad pattern is reverse head and shoulder, target is somewhere around $9090 resistance.
So I bought Bitcoin too soon but you can't really pinpoint the exact bottom. But I bought more when it hit $7,700 and prepared to buy more around $7,000. I tweeted that Bitcoin is extremely oversold. https://twitter.com/drei4u/status/1180951394963968000
I closed all positions around $8,750 to $8,800 because the BTCUSD resistance around $9090 is very strong and many traders are already frontrunning all the way down to $8,800. I will go long again probably around $8,200.
I have been part of that group for some time. But while there is some good content distributed in there, the noise is too big. Like my telegram has been flooded with notifications every hour, but if you are a very active and like to socialise about your trades it is the perfect place for you. Personally I don't do well when I'm seeing too many trade ideas and opinions on the market. I do much better when I stay silent with only my thoughts in the head.
Actually I kinda agree with you re: alone with your own trade ideas. You should be able to find setups on your own. However the Telegram group is great for spotting hidden gems since you can't monitor all 2,500 plus coins.
I joined and I cannot find technical and fundamental analysis there. There are too many members already. Try to create another group purely for TAs and FAs. Let the first group becomes the discussion room.
Anyway, why pick on purely altcoin trading? Did you profit well? Because for me, bitcoin is better and safer.
Anyway, why pick on purely altcoin trading? Did you profit well? Because for me, bitcoin is better and safer.
Ah, you probably won't since I left two years ago. I plan to create temporary groups whenever I'm in a trade so it won't be noisy. I think it is more of a discussion group now.
Yes, I did during 2016-2017 https://www.reddit.com/r/TheCoinFarm/?count=50&after=t3_6x66q8
Safer means less profit. And nothing is better, trading is trading, all price actions behave the same since they are made by emotional humans.
I joined and I cannot find technical and fundamental analysis there. There are too many members already. Try to create another group purely for TAs and FAs. Let the first group becomes the discussion room.
Anyway, why pick on purely altcoin trading? Did you profit well? Because for me, bitcoin is better and safer.
Anyway, why pick on purely altcoin trading? Did you profit well? Because for me, bitcoin is better and safer.
I have been part of that group for some time. But while there is some good content distributed in there, the noise is too big. Like my telegram has been flooded with notifications every hour, but if you are a very active and like to socialise about your trades it is the perfect place for you. Personally I don't do well when I'm seeing too many trade ideas and opinions on the market. I do much better when I stay silent with only my thoughts in the head.
So I bought Bitcoin too soon but you can't really pinpoint the exact bottom. But I bought more when it hit $7,700 and prepared to buy more around $7,000. I tweeted that Bitcoin is extremely oversold. https://twitter.com/drei4u/status/1180951394963968000
No one gives a fuck about your shilling, stop promoting your fortune teller bullshit
Why don't you stick to your own paid services? I know your type - crypto guys without a skin in the game, yet gives out "advice" for a subscription fee. Fool noobs in your own thread.
Subscription fee? Without Skin in the game? Noobs in my thread?
If your trading skills are as poor as your guessing game, hoping to land something on the dart board, then my initial statement holds stronger than ever.
So I bought Bitcoin too soon but you can't really pinpoint the exact bottom. But I bought more when it hit $7,700 and prepared to buy more around $7,000. I tweeted that Bitcoin is extremely oversold. https://twitter.com/drei4u/status/1180951394963968000
No one gives a fuck about your shilling, stop promoting your fortune teller bullshit
Why don't you stick to your own paid services? I know your type - crypto guys without a skin in the game, yet gives out "advice" for a subscription fee. Fool noobs in your own thread.
So I bought Bitcoin too soon but you can't really pinpoint the exact bottom. But I bought more when it hit $7,700 and prepared to buy more around $7,000. I tweeted that Bitcoin is extremely oversold. https://twitter.com/drei4u/status/1180951394963968000
No one gives a fuck about your shilling, stop promoting your fortune teller bullshit
So I bought Bitcoin too soon but you can't really pinpoint the exact bottom. But I bought more when it hit $7,700 and prepared to buy more around $7,000. I tweeted that Bitcoin is extremely oversold. https://twitter.com/drei4u/status/1180951394963968000
Sounds like a pretty big crowd. I've heard the band's name elsewhere before. But how are healthy conversations established when there are so many members? So what I'm trying to say is that when more than 10 people are talking, it becomes very difficult to keep track of the conversations.
But I'm still going to take a chance and join the group and try to find out what's going on. Because it can't be a coincidence that I see this band so often.
But I'm still going to take a chance and join the group and try to find out what's going on. Because it can't be a coincidence that I see this band so often.
It is confusing with so many members. It has become something like a trollbox like the Poloniex of old. I guess you just pay attention to members you like to listen to.
Anyway, bought Bitcoin at current price at $8336, the daily candle looking to print as a pinbar ad pattern is reverse head and shoulder, target is somewhere around $9090 resistance.
Sounds like a pretty big crowd. I've heard the band's name elsewhere before. But how are healthy conversations established when there are so many members? So what I'm trying to say is that when more than 10 people are talking, it becomes very difficult to keep track of the conversations.
But I'm still going to take a chance and join the group and try to find out what's going on. Because it can't be a coincidence that I see this band so often.
But I'm still going to take a chance and join the group and try to find out what's going on. Because it can't be a coincidence that I see this band so often.
FYI: Coinfarm is still alive but like the rest of crypto, there is significantly less chatter in the Telegram group. That's what bear markets do, it cuts out the fat.
However, I will try to post completed trades in this thread for further study of the TA techniques used. It will be for Bitcoin and altcoins.
However, I will try to post completed trades in this thread for further study of the TA techniques used. It will be for Bitcoin and altcoins.
I think the reason why there are less people in their chat group is because there are huge surge in the number of groups doing what Coinfarm is doing and most people are interested in pump and dump group because they want results. Posting TA here will be a good thing
You are correct in your observations. In fact, I am aware of crypto Twitter influencers that got rich because of their insane subscription fees ($1,000 lifetime memberships, and 1,000 members). Because they think he can pump and dump.
But for my purposes, I just want to document my trades something like a trade journal.
FYI: Coinfarm is still alive but like the rest of crypto, there is significantly less chatter in the Telegram group. That's what bear markets do, it cuts out the fat.
However, I will try to post completed trades in this thread for further study of the TA techniques used. It will be for Bitcoin and altcoins.
However, I will try to post completed trades in this thread for further study of the TA techniques used. It will be for Bitcoin and altcoins.
I think the reason why there are less people in their chat group is because there are huge surge in the number of groups doing what Coinfarm is doing and most people are interested in pump and dump group because they want results. Posting TA here will be a good thing
FYI: Coinfarm is still alive but like the rest of crypto, there is significantly less chatter in the Telegram group. That's what bear markets do, it cuts out the fat.
However, I will try to post completed trades in this thread for further study of the TA techniques used. It will be for Bitcoin and altcoins.
However, I will try to post completed trades in this thread for further study of the TA techniques used. It will be for Bitcoin and altcoins.
I want to encourage traders to post their trading/crypto thoughts on https://www.reddit.com/r/TheCoinFarm/
Oftentimes conversations in the Telegram group get lost in the noise.
Oftentimes conversations in the Telegram group get lost in the noise.
I happened to buy coin-farm.com and thecoinfarm.com before knowing about that "the coin farm" existed,..as a telegram..
curious if anyone from the community willing to buy the domain of me? before i auction it off?
(contact me on instagram under bollywoodgoon if ur interested in the domain name)
I just put 300 cnd into bitcoin through an insta coin atm to buy 300 bucks of eth.. now owing .52 ? any other crypto coin y'all suggest to keep an eye on?
curious if anyone from the community willing to buy the domain of me? before i auction it off?
(contact me on instagram under bollywoodgoon if ur interested in the domain name)
I just put 300 cnd into bitcoin through an insta coin atm to buy 300 bucks of eth.. now owing .52 ? any other crypto coin y'all suggest to keep an eye on?
Information and trading skills are keys. Maybe if you join other traders you could learn fast and lessen your losses.
https://telegram.me/thecoinfarm
https://telegram.me/thecoinfarm
This Telegram group used to be so small with 30 members when I first opened this thread.
New Telegram link in the quote.
Read this update before replying.
Join us — A Group of Altcoin Technical Traders
No shilling
No egos
Pure chart analysis
No fees
No subscriptions
We only talk about altcoin trades, but it’s not exclusive to that. The only requirement is that you share your thoughts on a chart. The purpose of the group is to share the workload in finding potential altcoin trade opportunities. This way, you may be able to make profit better with less TA work and with less time.
All newbies welcomed. All experts welcomed. All trading methods welcomed. No one is a perfect trader, no one method is right. If your technical analysis is just squiggly lines, that’s ok. At least, put up some reasoning behind it.
Tools you may need:
https://cryptowat.ch/
https://cryptrader.com/ (Expandable charts e.g. https://cryptrader.com/charts/bitstamp/btc/usd )
https://www.coinigy.com/ (Free trial for a month)
http://altcoinlive.com/ or
TradingView: Free Stock Charts and Forex Charts Online.
TradingView offers the best stock charts and a community of investors who are passionate about sharing trading ideas http://tradingview.com
Go here to join: https://t.me/coinfarm
Telegram has a web app if you don’t want to install anything https://telegram.org/dl/webogram
Join us — A Group of Altcoin Technical Traders
No shilling
No egos
Pure chart analysis
No fees
No subscriptions
We only talk about altcoin trades, but it’s not exclusive to that. The only requirement is that you share your thoughts on a chart. The purpose of the group is to share the workload in finding potential altcoin trade opportunities. This way, you may be able to make profit better with less TA work and with less time.
All newbies welcomed. All experts welcomed. All trading methods welcomed. No one is a perfect trader, no one method is right. If your technical analysis is just squiggly lines, that’s ok. At least, put up some reasoning behind it.
Tools you may need:
https://cryptowat.ch/
https://cryptrader.com/ (Expandable charts e.g. https://cryptrader.com/charts/bitstamp/btc/usd )
https://www.coinigy.com/ (Free trial for a month)
http://altcoinlive.com/ or
TradingView: Free Stock Charts and Forex Charts Online.
TradingView offers the best stock charts and a community of investors who are passionate about sharing trading ideas http://tradingview.com
Go here to join: https://t.me/coinfarm
Telegram has a web app if you don’t want to install anything https://telegram.org/dl/webogram
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