I just closed my shorts with 1.5% profit, the reason is simple, I saw more people flowing after those whales exit the market, seems like we're in a pre-bull market already, if we go down I will buy more, but until then no more trading, I need a big candle to tell me where are we going. prntscr.com/n9n12c
Comment
⋅
A theory that being discussed with my boy friend is that, the whales are using an algo to separates their orders into small order flow. They are pretending to be the retailers. In current circumstances, we should be very cautious on analysis the volume profile as well as paying attention to the chart patterns. Hence, we need to develop a brand new system to deal with the current market. This is a competition between the whales and me. Even successfully caught the bottom of 3.2k, I won't stop and will never be satisfied with such a small success. We will keep moving forward. The whales may get a stealth technology, but I will develop a brand new RAIDA. Let's bring our competition to the cutting edge. Cheers! Long live innovation.
You were right, and should stick to the right opinion firmly. :)
AlphaMex
⋅
@bobchen29, I actually right more than that, longed the 5239 Shorted the 5462, Now long the 5k again. God bless me haha :)
WhiteBassFisher
⋅
@ScarlettWang, hah hah, that's really some nice and nifty movement. although now how's the 5k long doing now (which I also did, probably shouldn't have) ? :)
AlphaMex
⋅
@bobchen29, I think we will have a decent bounce in here, who knows
WhiteBassFisher
⋅
@ScarlettWang, And it seems you are lwight again, bounce it started.
AlphaMex
⋅
@bobchen29, Those dude who bet with me gone.... Cause my trades are very accurate :P
WhiteBassFisher
⋅
@ScarlettWang, too good to have any trading buddies? Do you play poker too?
AlphaMex
⋅
@bobchen29, nah, I was joking, haha, I don't play anything else than programing or doing philosophy....haha
ReallyMe
⋅
The Bitcoin walks on a thin 150MA rope on the 30min chart.
If it falls below $5,200 towards $5,100, it will start crashing very soon.
In order to continue, it has to constantly move on up.
But obviously the volume and the price development are flattening,
I do not believe that it can go on like this for a long time.
TheCryptAlpha
⋅
The trick is not to beat the whales, but join them grasshopper.