03/Jan/2009 retweeted
1/ Here's an attempt at summarizing the market action and narrative. This is a hindsight bias explanation, not directly predictive in nature. In Oct-Dec of 2017, we got the standard crypto pattern of BTC rallying, then quality alts, then junk.
03/Jan/2009 retweeted
I could probably write a PHD thesis on cult behavior by watching these shitcoin hodlers in action everyday
03/Jan/2009 retweeted
The problem will every bull run in crypto is that it feels too easy. It fucks with your mind.
03/Jan/2009 retweeted
Very unfortunate that a new generation of traders completely misunderstand charting. Charting does not provide predictions. Rather, it can: 1.) suggest possibilities, and; 2.) identify asymmetrical R/r trades. PERIOD
Surprise Surprise teapawt.net/zerohedge/status/98693…
"Abe’s future is increasingly in doubt as his cabinet’s approval rating slides to its lowest levels since he took office in 2012" bloomberg.com/news/articles/…
03/Jan/2009 retweeted
$BTC making sense of the Bart.
Green = Accumulation
Red = Distribution
This is one of the most beautiful trading ranges ever.
I do know a lot of the buyers are people purchasing alts.
The question is who are the sellers?
Re-Accumulation = Moon time
Distribution = New lows
03/Jan/2009 retweeted
Replying to @johnny_engels
I think it's distribution.
Don't think the whales are charitable enough to lure everyone into BTC/Alts and then pump it up in a bear trend but who knows, maybe I'm just cynical.
I'll trade my signals anyways, I hope the daily closes my way so I can play larger TF tmrw.
03/Jan/2009 retweeted
$XVG Down 25% from here, even if a hodler you could have sold and bought back a lot more already teapawt.net/BigCheds/status/986291…
03/Jan/2009 retweeted
Replying to @RedDogT3
The market lately seems to be a series of traps for both bulls and bears
Global coordination by Central banks for almost a Decade. WCGW? teapawt.net/MarketPatterns/status/…
Replying to @GlobalProTrader
Lots of us been expecting the adverse liquidity conditions caused by QT to drive the markets through Feb lows by now. Technical set up was there! But Fed seems to have blinked perhaps realising what would happen. Could they be getting cold feet?
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