PATRICK WIELAND @patrickwielandtrading Channel on Telegram

PATRICK WIELAND

@patrickwielandtrading


DAY Trading Futures LIVE On YouTube 9am EST! M-F! TUNE IN!

Purpose of my Telegram channel is to share Forex/Crypto updates and build a community of successful traders.
Feel free to send a DM. @patrickwielandguide

Day Trading Futures LIVE with Patrick Wieland (English)

Are you interested in day trading futures? Look no further than the Patrick Wieland Telegram channel! Join us on YouTube at 9am EST Monday to Friday for live trading sessions that will help you navigate the exciting world of futures trading.

Patrick Wieland, also known as @patrickwielandtrading, is a seasoned trader with years of experience in the industry. His channel not only provides valuable insights and analysis on Forex and Crypto markets but also aims to create a community of successful traders. Whether you're a beginner looking to learn the ropes or a seasoned pro seeking new strategies, this channel is the perfect place for you.

Feel free to send a direct message to @patrickwielandguide to join the community and start your journey towards becoming a successful futures trader. Don't miss out on this opportunity to learn from one of the best in the business - tune in and start trading with Patrick Wieland today!

PATRICK WIELAND

03 Dec, 22:20


Here's the Analysis of #MASK :

#MASK broke the strong resistance zone and now retracing back to the and trying to have a close below of the zone. Well, this might turn it into a fakeout and can retrace down $3.33.

PATRICK WIELAND

02 Dec, 23:12


Another Bag Added โœ…โœ…โœ…โœ…

PATRICK WIELAND

02 Dec, 23:11


What Are Transaction Triggers?

Blockchains are made up of a series of individual blocks of data, and can be thought of as a decentralized distributed ledger. Each block contains information about transactions conducted within a given time period, and also has a unique identifier (known as a hash) to differentiate them from other blocks in the chain.

Transactions executed on-chain are considered valid only when the blockchain has been updated to reflect them on the public ledger. They must be validated by a number of the network's participants, who are called miners or validators, depending on the chain. This offers security and transparency as no one is able to change the data once the block has been verified and recorded on the network.
Thus, triggers can be set up, which group various transactions together to be executed when the designated conditions are met.

This can provide added convenience and assurance for users in various ways. For example, a stop loss order can be set to trigger on decentralized platforms by users when the price of the assets they have borrowed plunges to a certain threshold, to close their positions to mitigate losses and manage risk.

As cryptocurrencies are volatile assets and prices can fluctuate too quickly for users to react, this can prove to be essential especially during bear markets or negative market conditions, and eliminate the need for constant monitoring, which can be impractical and time consuming.

In bull markets or healthy market conditions, the reverse is also true, as users can set automated transactions to trigger. One such example would be in the form of limit orders on decentralized exchanges to take profits when the cryptocurrencies increase to desired price levels.

PATRICK WIELAND

02 Dec, 23:11


๐Ÿ‘€

PATRICK WIELAND

02 Dec, 23:11


#BTC had a great weekly close with the rejection Doji like candlestick. Now on LTF, price standing at a supporting trendline and overall, anticipation would be $100,000 by this weekend. Also, it like a range created so by NY we can expect some movement in either direction.

PATRICK WIELAND

02 Dec, 23:10


Bitcoin Long-Term Holder Market Dynamics ๐Ÿš€

Bitcoin's recent price surge has pushed past the +350% profit band at $87k ๐Ÿ”ต, triggering significant profit-taking among long-term holders ๐ŸŸข. This behavior is characteristic of advanced stages in bull markets, where unrealized gains prompt increased selling activity ๐Ÿ“Š.

Historically, such profit-taking signals the beginning of the most intense phase of bull market cycles ๐Ÿ”ฅ. While current distribution pressure is notable, the potential for further unrealized gains remains, with previous cycles showing profits expanding to over 800% ๐Ÿ“ˆ. This suggests the current market may still have substantial room for growth before reaching a definitive peak ๐ŸŒŸ.

PATRICK WIELAND

02 Dec, 23:10


GBPUSD, 1-hour timeframe chart

GBPUSD retested the support level of 1.26790

๐Ÿ‘‰Level explanation

GBPUSD has been under buying pressure within the last couple of hours. The pair moved down to the support level of 1.26790.

๐Ÿ‘‰Possible scenario

The best way to use this opportunity is to place a Buy order at 1.27055.

Set your stop loss at 1.26705 below the previous low ($3.50 loss for 0.01 lot) and take profit at 1.27405 ($3.50 profit for 0.01 lot).

The risk-reward ratio for this order is 1:1.

The upcoming news will not influence your orders within the mentioned

PATRICK WIELAND

30 Nov, 09:12


#BITCOIN DAILY TF UPDATE :

#BITCOIN still fails to reach 100K this week, and had a retest only. Price again attempting to move higher and high to break it. We have bounce from structural support and hopefully we'll have a strong weekly rejection candle and next week can be a History making Week.

PATRICK WIELAND

28 Nov, 20:02


What is #MVRV Ratio ?

The #MVRV (Market Value to Realized Value) score is a metric used to assess the #valuation of a cryptocurrency by comparing its market value to its realized value. The #MVRV score helps to gauge whether a cryptocurrency is overvalued or undervalued based on its #historical price movement.

The market value of a #cryptocurrency refers to its current price multiplied by the total supply of #coins in circulation. On the other hand, the realized value takes into account the price at which each coin last moved on the #blockchain, essentially measuring the average price at which investors acquired their holdings.

So what does that Indicate ?

#MVRV Values > 3.5 has generally served as a strong signal for late stage #bull cycles, and heightened probability of heavy #distribution or simple indicate a potential Market Top.

#MVRV Vales < 1.0: indicates that a large cross-section of the #supply is near break-even, or held at a loss. These low values have typically provided strong signal of market capitulation and late stage #bear accumulations or Simply Indicate the Market Bottom.

PATRICK WIELAND

28 Nov, 20:02


#BLZ/USDT looks a perfect buy here

Holding strong above HISTORIC support levels ๐Ÿ‘€

Accumulation going on from more than 3months above demand zone

MACD indicating bullish momentum ahead๐Ÿ›ซ

Looks ready for a takeoff anytime from here๐Ÿš€โœŒ๏ธ

Targets: $0.16-0.185-0.22-0.25

PATRICK WIELAND

27 Nov, 22:34


Happy Thanksgiving ๐Ÿ˜Š

Don't forget to help the less privileges.

What trade do you want?
Send a Dm now ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡
@patrickwielandguide

PATRICK WIELAND

27 Nov, 16:29


BTC just bounced HARD from a major support zone, and ETH is showing MASSIVE bullish signs! This is the perfect setup for ALTSEASON to ignite. Get ready for huge potential news based SPOT & FUTURES call which looks ready for 2X gains in short term๐Ÿš€

This call is unlike other callsโ€”packed with breaking news and trending hype so be ready to act fast for insane gains Today at 5PM GMT ๐Ÿ’ธ

Exchange: Binance & MEXC

PATRICK WIELAND

26 Nov, 17:50


What Is TradFi?

TradFi, short for Traditional Finance, refers to the conventional financial system and institutions that have been the backbone of the global economy for centuries.

This includes banks, stock markets, insurance companies, and other regulated financial entities that operate under strict government oversight.

TradFi encompasses the familiar financial services and products most people use in their daily lives, such as savings accounts, mortgages, credit cards, and investment portfolios.

How Does TradFi Work?

TradFi operates through a centralized structure, with financial institutions acting as intermediaries between parties in transactions. These institutions are subject to extensive regulations and compliance requirements, which aim to protect consumers and maintain financial stability.

For example, banks must adhere to capital requirements and KYC protocols, while stock exchanges have strict listing and trading rules.

What Are Some Examples of TradFi Services?
Common TradFi services include:

- Bank accounts (checking and savings)

- Loans and mortgages

- Credit cards

- Stock and bond trading

- Insurance policies

- Foreign exchange services

- Retirement accounts (e.g., 401(k)s and IRAs)

How Does TradFi Differ From DeFi?

TradFi stands in contrast to Decentralized Finance (DeFi), which is built on blockchain technology and operates without centralized intermediaries. While TradFi relies on trusted third parties and regulatory oversight, DeFi uses smart contracts and p2p networks to facilitate financial transactions.

TradFi is generally considered more stable and regulated but can be slower and less accessible, while DeFi offers greater innovation and accessibility but comes with higher risks and less consumer protection.

How Does TradFi Compare to CeFi?

Centralized Finance (CeFi) represents a middle ground between TradFi and DeFi.

Like TradFi, CeFi involves centralized entities that act as intermediaries. However, CeFi platforms primarily deal with cryptocurrencies and digital assets, offering services like crypto exchanges, lending, and borrowing.

While CeFi adopts some blockchain technologies, it maintains a centralized structure, differentiating it from the fully decentralized nature of DeFi.

These platforms often have to comply with regulations, but typically face less stringent oversight compared to TradFi institutions.

PATRICK WIELAND

26 Nov, 17:50


#BTC dumped or we can say its corrective move and exactly bounced from the support zone we marked around $92,550 - $92,800. H4 looks bearish and Daily is bullish so, we can expect HTF to follow the direction.

PATRICK WIELAND

25 Nov, 19:08


USDCAD, 15-minute timeframe chart

USDCAD retested the support level of 1.39510

๐Ÿ‘‰General outlook
USDCAD has been under buying pressure within the last couple of hours. The pair moved down to the support level of 1.39510.

๐Ÿ‘‰Possible scenario
The best way to use this opportunity is to place a Buy order at 1.39925.

Set your stop loss at 1.39639 below the previous low ($2.04 loss for 0.01 lot) and take profit at 1.40212 ($2.04 profit for 0.01 lot).

The risk-reward ratio for this order is 1:1.

The upcoming news will not influence your orders within the mentioned period.

PATRICK WIELAND

25 Nov, 19:07


#BTC had a great very good weekly candle close with a very small wick at the top. Currently, price holding the supporting trendline and rejecting the build-up resistance too. Expecting a break now in the week sooner or later.

PATRICK WIELAND

25 Nov, 19:07


MicroStrategy has acquired 55,500 BTC for ~$5.4 billion at ~$97,862 per #bitcoin and has achieved BTC Yield of 35.2% QTD and 59.3% YTD. As of 11/24/2024, we hodl 386,700 $BTC acquired for ~$21.9 billion at ~$56,761 per bitcoin. $MSTR

PATRICK WIELAND

24 Nov, 14:03


Bitcoin is currently trading at $87.9k in its new all-time high (ATH) phase, approaching but not yet reaching the statistical upper band of $94.9k. During these discovery phases, Bitcoin typically tests these upper limits multiple times as new investors enter the market at higher price points.

The gap between the current price and the upper band ($94.9k) suggests there's still room for growth. However, this zone is also critical for monitoring potential sell pressure, as historical patterns show existing holders often increase selling activity when prices approach these upper limits. This balance between new buyer demand and existing holder selling pressure will likely determine the next market direction.

PATRICK WIELAND

24 Nov, 08:24


#BITCOIN WEEKLY TF UPDATE :

#BITCOIN on Weekly TF, continued its push but still failing to have a break of $100,000 mark. We have 4 consecutive bullish candles in weekly and expected the break by next week start. After that a retest might follow with the grab of liquidity.

PATRICK WIELAND

23 Nov, 20:52


#BITCOIN DAILY TF UPDATE :

#BITCOIN broke the consolidation range and floating near the $100,000 milestone. Well, Nothing as of now, Price is teasing near the $100,000 level and in case next week we might have some retracement if we don't see a hit of $100,000 in this weekend.

PATRICK WIELAND

23 Nov, 20:51


What Is Total Value Locked (TVL)?

If you have been using DeFi tracking sites, the chances are high that you have run into total value locked (TVL) as a reference point. To put it simply, โ€œtotal value lockedโ€ represents the number of assets that are currently being staked in a specific protocol: this value is not meant to represent the number of outstanding loans, but rather the total amount of underlying supply that is being secured by a specific application completely.

Total value locked is a metric that is used to measure the overall health of a DeFi protocol.

There are three main factors that are taken into consideration when calculating and looking at a decentralized financial services' market cap TVL ratio: calculating the supply, the maximum supply as well as the current price.

In order to get the current market cap, you need to multiply the circulating supply by the current price. In order to get to the TVL ratio, you would need to take that market cap number and divide it by the TVL of the service.

One of the main use of the TVL ratio is to help determine if a DeFi asset is undervalued or overvalued. If it is under 1, it is undervalued in most cases.

PATRICK WIELAND

23 Nov, 20:51


The current Bitcoin rally has triggered $20.4 billion in realized profits since reaching new all-time highs. This is significant but still falls below historical patterns, where profit-taking typically reached $30-50 billion before market momentum slowed.
This lower profit-taking level suggests the current rally may have more room to grow before hitting the usual exhaustion points seen in previous cycles. Historical data indicates investors aren't yet cashing out at rates that typically signal a market top.

PATRICK WIELAND

22 Nov, 18:14


Bitcoin has entered a new price discovery phase, putting all of the circulating supply into profit. This chart shows the percentage of supply held in profit, alongside the count of consecutive days each month where this metric is more than 95%.

Historically, these euphoric phases have persisted for around 22 days before a correction occurs, pushing more than 5% of the supply below the original acquisition price. The current rally has maintained this high-profit level for 12 consecutive days, underscoring strong market sentiment but also hinting at the possibility of a correction ahead based on past patterns.

PATRICK WIELAND

21 Nov, 15:24


#BTC 98,000 ๐Ÿ™Œ

2000 more to go

PATRICK WIELAND

19 Nov, 23:23


Congratulations ๐ŸŽŠ investor...It's better to be profitable then perfect ๐Ÿฅฐ

I believe in Testimonies, to know how real a channel or group it's, Testimonies matters a lot.

Many investors have been craving to become successful but they can't make it because they're so proud, For an instance everyone must not be a bachelor degree chancellor and same time everyone holding bachelor degree chancellor can't be as rich as those who are not educated like them.

Whenever you have a big problem and you can't solve it yourself, invite attentions of superiors.

How long have you been trading or investing with possible outcomes, this is the opportunity for you to become profitable.

I can help you trade your profit and make you profitable from forex,promotions is acknowledged here

PATRICK WIELAND

15 Nov, 21:04


INVESTMENT PLANS


โœ… PRO
๐Ÿ’ฏInvest $10,000
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๐Ÿ’ฏInvest $30,000
๐Ÿ’ฏInvest $40,000
๐Ÿ’ฏInvest $50,000

โœ… PREMIUM
๐Ÿ’ฏ1BTC
๐Ÿ’ฏ2BTC
๐Ÿ’ฏ3BTC
๐Ÿ’ฏ4BTC
๐Ÿ’ฏ5BTC

PATRICK WIELAND

15 Nov, 21:01


What is token issuance?

Token issuance is one of the most important processes in the world of blockchain technology and cryptocurrencies. Essentially, token issuance is the process of creating new tokens that are then added to the total supply of the cryptocurrency.

Depending on the blockchain and cryptocurrency, token issuance may take different forms. Usually, token issuance is regulated by complex algorithmic calculations that determine the amount of tokens necessary for the blockchain ecosystem to function properly. The total supply of tokens for each cryptocurrency is different. The amount of tokens comprising the total supply is also calculated through complex algorithmic functions.

It is important that blockchain-based projects and cryptocurrencies, in general, detail how the process of token issuance works for their specific system. As there are numerous consensus mechanisms out there, different crypto blockchains have various setups when it comes to token issuance.
For example, the Bitcoin whitepaper details that there can only ever be 21 million Bitcoin tokens. Consequently, Bitcoin issuance will cease once this threshold of 21 million tokens is reached. Other cryptocurrencies have opted not to have a maximum supply limit. Regardless of the style and type of cryptocurrency, token issuance is one of the most important processes, and it has to be described in detail.

Going back to consensus mechanisms, some cryptocurrencies also utilize a process called token burning. This is the complete opposite of token issuance, as tokens are effectively destroyed forever. Some consensus mechanisms rely on a combination of token issuance and token burning to ensure there is agreement across the network of nodes.

Token issuance may also refer to the process of tokenization, in which an asset outside of the cryptocurrency ecosystem is added to the blockchain via a specific crypto token. In such cases, token issuance becomes the process of creating a token, yet not one that belongs to a cryptocurrency, but rather a token that represents an outside asset.

In the world of cryptocurrency, token issuance is very important. The rules governing token issuance on different projects help investors determine whether they want to invest in the project or not. Additionally, these rules can also have an impact on the valuation of cryptocurrencies. More often than not, cryptocurrencies that have a fixed maximum supply experience price hikes when the blockchain is close to reaching this maximum supply limit.

PATRICK WIELAND

13 Nov, 23:05


#Bitcoin surpasses Saudi Aramco to become the worldโ€™s 7th most valuable asset by market cap.

PATRICK WIELAND

11 Nov, 15:52


#BTC 82,000 ๐Ÿ™Œ

PATRICK WIELAND

11 Nov, 15:52


MicroStrategy has acquired 27,200 BTC for ~$2.03 billion at ~$74,463 per #bitcoin

This guys going Aggressive On #Bitcoin ๐Ÿ™Œ

PATRICK WIELAND

11 Nov, 15:51


the volumes traded across all futures contracts ($35B per day) remain somewhat subdued, especially compared to the elevated volumes when the market peaked at the ATH in March. This suggests that there has not yet been a significant impulse in trading activity and perhaps alludes to a higher dominance of single trade basis strategies and arbitrage positions within futures markets.

PATRICK WIELAND

10 Nov, 22:55


PATRICK WIELAND pinned ยซhttp://youtube.com/post/UgkxCx21rdLbsTP4vIpPjEmlIeUmPm1o6x7Y?si=hHBCaKo6n2tSjCTLยป

PATRICK WIELAND

10 Nov, 22:55


http://youtube.com/post/UgkxCx21rdLbsTP4vIpPjEmlIeUmPm1o6x7Y?si=hHBCaKo6n2tSjCTL

PATRICK WIELAND

10 Nov, 15:54


#BTC $80,000 โœ…๏ธ

PATRICK WIELAND

09 Nov, 12:41


๐Ÿ“SIGNAL ID: #1691๐Ÿ“
COIN: $API3/USDT (3-5x)
Direction: LONG๐Ÿ“ˆ
โž–โž–โž–โž–โž–โž–โž–
Target 1: 1.60โœ…

๐Ÿ”ฅ11.9% Profit (5x)๐Ÿ”ฅ
โž–โž–โž–โž–โž–โž–โž–
- Binance Killersยฎ

@patrickwielandguide

PATRICK WIELAND

09 Nov, 12:40


The Bitcoin trading landscape has changed dramatically since 2016 when perpetual swaps were first introduced. These derivatives instruments have made Bitcoin trading much more sophisticated, allowing traders to use leverage and hedging strategies. The market's current state shows high activity, with total futures positions (Open Interest) hitting a record $32.9B - a sign of increasing leverage in the system.

PATRICK WIELAND

08 Nov, 15:40


What Is the Time-weighted Average Price (TWAP)?

The time-weighted average price (TWAP) is a trading indicator based on weighted average price, which shows the average price of an asset as it rises and falls during a given or specific time period.

In traditional finance, stock brokers often help traders and clients to execute large orders algorithmically over a set period of time to get the best price and reduce market impact. This happens through a TWAP order, which gives an assetโ€™s price over a set period of time.

The brokers must first identify the opening, closing, high and low prices for the asset on a given day and then find the average of those daily prices for each day when tracking the asset to calculate the TWAP. Using the TWAP value, a large order into a few small orders is valued at the TWAP price because it is deemed the most critical.

Once each order is executed, there will be a delay for (duration/order count) minutes. For example, if the duration is 30 minutes, and the order count is 6, then there will be a (30 / 6) = 5-minute delay between each order. Generally, traders do this to avoid letting a huge order suddenly increase the value of a given asset in the market.

TWAP can be calculated for any specified time duration and does not take into consideration the number of shares traded at each price point measured, unlike the volume-weighted average price (VWAP) indicator. 

However, in Decentralized Finance (DeFI), a Decentralized Exchange (DEX) using a time-weighted average market maker (TWAMM) aims to help traders execute large orders as efficiently and as quickly as possible, at low gas prices and without negatively affecting price.

This makes things much simpler while allowing traders and users to set relevant parameters without having to pay intermediary fees, unlike in traditional finance.

PATRICK WIELAND

08 Nov, 07:49


#BTC didn't retraced lower and made a new #ATH from the previous market structural support area. Price again forming a support and might gonna see a new All-time high by NY session. Nothing much can be done here, as there's no level to the left, just hold the coins and enjoy the roller coaster. Next push can be estimated towards the $77,600 and then $82,300.

PATRICK WIELAND

07 Nov, 21:25


What Is a Time-Weighted Automated Market Maker (TWAMM)?

TWAMM refers to Time-Weighted Automated Market Maker. Its aim is to help traders execute large orders with minimal slippage and low gas fees without negatively affecting the price.

In traditional finance (TradFi), traders will often employ brokers to execute large orders algorithmically over a designated time frame, which often gets them the best price. This is often done in the most straightforward way via a Time-Weighted Average Price (TWAP) order, which gives a security or assetโ€™s price over the designated time frame.

For example, when large traders want to buy an asset, like $10 million worth of Solana, they cannot just execute that as one trade as it will increase the market price by a large number. Typically they will use a trading desk or an algorithm to break down the $10 million order into smaller orders of $1,000 across many hours or days to have less impact on price in the market.
The TWAMM strives to emulate TWAP orders by breaking them up into a combination of an almost infinite number of small orders via an automated market maker (AMM) over a period of time.

This method of trading may result in prices deviating from the crypto market as a whole. The TWAMM relies on arbitrageurs to mitigate this issue, by trading against the AMMโ€™s price to return it back to the market price, ensuring effective execution for long-term orders.

When traders place large buy orders on AMMS, they face the same problems encountered in TradFi due to the constant product formula utilized by the AMM, and buying all at once pushes market makers to raise the price against the trader. Breaking up the trades manually as an alternative can be time-consuming and costs extra gas fees due to the additional transactions required. The TWAMM aims to resolve this issue by automating the small trades, maximizing the smoothness of executing trades at minimal gas fees.

The TWAMM algorithm is one of the first in DeFi which allows users to enter parameters on how much to buy and sell of an asset over a time period like 1 week, number of hours, or days without going to a CEX or some trading desk.

As DeFi and crypto become more mainstream and larger investors enter the market, features like the TWAMM will become essential in facilitating a better trading experience for all users, further facilitating the adoption and usage of DEXs.

PATRICK WIELAND

07 Nov, 21:25


Keep your investment coming investors..

PATRICK WIELAND

07 Nov, 21:24


#BTC had a very strong weekly closing  and also going strong enough as Election results. Now, in technical view price is retracing back to some sort of H4 support before moving up, as its a healthy way which market moves.

PATRICK WIELAND

07 Nov, 19:57


Keep your investment coming buddies

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