Daily crypto hate: It cannot get much more boring
I hate crypto so much that I want to see it go down. Once again I am not using logic and facts but my personal hate for an inanimate object - not even an inanimate object but a bunch of numbers. Grrrr how I hate you bunch of random numbers I do not know. :D
Has been a while since I posted this angle thing. I do not know many people that do this. But it is helpful. More helpful than drawing butterflies and using weird overcomplicated indicators for sure.
Here the example with the gold bubble that spent a while in complacency:
Yes it made higher highs, BUT with less strength, each rally regardless of how high it went was more sluggish than the previous one.
The last wave with gold lasted twice as long as the other ones, I hope this is not what happens with BTC :o
With Bitcoin, up to now they all lasted about as long, so I am betting/gambling that we go up for anoàther 2 weeks and then weeeee.
It does not matter, I just use this as a guide, my trading of course is based of support/resistance mostly.
What I did because of these angles is send back a little fraction of the money I cashed out of crypto a while ago.
I want to be able to take at least decent size positions XD
Can also check it on BTC last craze:
Well, maybe it can get more boring... Sad. Not like I am getting much trades in FX now anyway.
At that rate it would go to 9900$ by October the 10th.
If it goes more slowly than this people will make more money from funding when they are wrong than going the right way...
Has been a while since I posted this angle thing. I do not know many people that do this. But it is helpful. More helpful than drawing butterflies and using weird overcomplicated indicators for sure.
Here the example with the gold bubble that spent a while in complacency:
Yes it made higher highs, BUT with less strength, each rally regardless of how high it went was more sluggish than the previous one.
The last wave with gold lasted twice as long as the other ones, I hope this is not what happens with BTC :o
With Bitcoin, up to now they all lasted about as long, so I am betting/gambling that we go up for anoàther 2 weeks and then weeeee.
It does not matter, I just use this as a guide, my trading of course is based of support/resistance mostly.
What I did because of these angles is send back a little fraction of the money I cashed out of crypto a while ago.
I want to be able to take at least decent size positions XD
Can also check it on BTC last craze:
Well, maybe it can get more boring... Sad. Not like I am getting much trades in FX now anyway.
At that rate it would go to 9900$ by October the 10th.
If it goes more slowly than this people will make more money from funding when they are wrong than going the right way...
Comment:
Daily IB really close to breaking bullish.
Comment:
I doubt the odds of going to 12000 are high, but if, with some help from Tether tm, it were to go there it would take ages!
The rally CANNOT imo grow stronger without dumping.
Even with help from Tether tm.
The rally CANNOT imo grow stronger without dumping.
Even with help from Tether tm.
