THERE’S MORE TO CRYPTO THAN SIMPLY BITCOIN

 

YUP!!

Bitcoin gets the headlines, but there’s a wide variety of alt-coins whose

performance is better than Bitcoin … good liquidity, especially for smaller

traders, and MOAR! volatile ranges, sometimes by a factor of 2X - 3X+!

… today I’m highlighting 2 of them I haven’t spoken of before on the blog

… yes, Cardano [ADAUSD] is one of my favorites, cuz it’s got it all … 2 others,

though, are TRON [TRXUSDT] and ONTOLOGY [ONTUSDT] … directly below,

2 short YouTube vids to bring you up to speed on each, explaining what it is

they do in the block chain … the first is TRXUSDT [about 5 minutes long]:

https://www.youtube.com/watch?v=1jd-dfWyPv8

The second is ONTUSDT [about 6 ½ minutes long]:

https://www.youtube.com/watch?v=IXvnpQz9cEo

Both are traded in the spot / cash market at PHEMEX, and offer excellent

bid/offer spread value versus the more popular coins like BTC and/or ETH, and

have HIGHER VOLATILITY! … the price potential of both is phenomenal IMHO

[my opinion, not investment advice], but what sets them apart from others is

there tradeability from a scalping / day trading perspective … plenty of algorithm

moves most days, with most of the price action coming in the Asian & European

sessions, and of course the U.S. session where most everything goes to sleep.

Today over at PHEMEX, algorithm signals in ONTUSDT for “The Syndicate”, sees

us UP APPROXIMATELY 0.69% for the day.

Over at Turnkey, algorithm signals in the NDX100 sees the PAMM / MAM UP

SLIGHTLY.

We had multiple signals in the NDX100, but all but one got hijacked and blown

through quickly that made getting into a position very risky with high slippage

potential … meh, it is what it is, nothing I can do about it … for all intents &

purposes, choosing between the 3 U.S. indices comes down to the bid/offer

spread and how the charts are structured … currently the SP500 sees its

bid/offer spread blown out by about double … for what reason I have no clue

… the DOW30, up until today has seen 12 days in a row of bullshit ranges and

trading action, with each day of the 12 trying mightily to see if it can be more

pathetic than the previous days, where daily ranges have been substantially

under the 20 Day Range MA. 

Today is one of those days where the afternoon in New York sees multiple FED

PIE HOLES, as well as a Treasury auction, both of which I want to avoid so as

not to get caught in some prearranged bullshit where prices gyrate wildly and

nobody wins but the scumbag LP’s … thanks, no thanks … and sure enough,

here comes the first blast down in the “Stock Bellies” via a poor 5 YR auction

… it’s bad enough in the afternoon with the virus scum of Wall Street as it is,

but throw in some dopes from the FED and a treasury auction and it’s got the

potential to be the “wild, wild, west”.

Overall, though, a good algorithm trading day, where crypto leads the way

natch … until tomorrow … “the future’s so bright I need sunglasses”!  😎

… Onward & Upward!! 

-vegas