This isnt a serious chart, just posting this for the laughs.
But hell may be accurate.
Viewer warning little to no TA was put into the making of this chart.
Friendly PSA anything you buy in the Crypto market, even if it dumps 90% from here, will be in profits 10 years from now.
Choose the right projects, don't invest more than you are willing to lose and as...
*Distribution Phase is done and now the MMs are in Mark Down Phase.*
*They have been testing at the 145.00 Support Area for some time*
*On Friday 21st July, a clear rising wedge has been completed and the begun to dive to the next support.*
*They might test again at 145.00, between 61.8 and 78.6 to get more bearish momentum.*
*Watch Close and Short on...
There are basically two variations on a "Super Bear," the first uses a short call to finance a long put debit spread, the other uses a short call credit spread to do the same thing, the difference being that a naked call Super Bear is an undefined risk trade, while a call spread Super Bear is defined. In this particular case, in order to be capital efficient, I'm...