JumbalayaPuddingBronco

JumbalayaPuddingBronco

ive never share my dixie charts.. figure i should,, now lol

JumbalayaPuddingBronco

we will see some sideways than maybe a test and than continued distribution is likely as were still in distribution trend arrays aswell as last ath was actually very bearish no real lift and the hard close was bearly higher than the last after a multi week interim. i wouldnt short here but btc is a short

JumbalayaPuddingBronco

so its losing its ladder its using interior downtrend breaks to bounce and i had expected a test of 00007 but even if it does im expecting a dip lower first so im not really bullish on dogs sgort term.. long term this will be going to only 2 0s but for now its bearish and needs real accumulation

JumbalayaPuddingBronco

just recording a chart to se how time effects it. charting new cryptos is tricky but i think u can get more context out of the little data than most believe

JumbalayaPuddingBronco

im bullish on dogs.. idk what else to say.. yes its risky af but 1000% pumps dont come without massive risk

JumbalayaPuddingBronco

upon further analysis this is actually a very unsafe trade.. trends are fraying out against time . time allows trends to break.. it could go down further

JumbalayaPuddingBronco

but u know how btc do.. it wants to fake everyone into thinking bull with a local high most likely not over 67k imo

JumbalayaPuddingBronco

crypto wanna bounce as long as were laddering up on htf

JumbalayaPuddingBronco

htf trends and our sideways channel lose the last one...or ping pong over the weekend as usual

JumbalayaPuddingBronco

shorts in profit but looks like it wants to pop. to avoid drawdown long ur shorts. simple

JumbalayaPuddingBronco

i dont advise anyone to take this trade.. this is just me calling a top nfa.. mainly to stroke my ego and possibly my last public trade for awhile. ta ta for now

JumbalayaPuddingBronco

i would like to make it a point to show how even as little as 1 day of price data during an important move like the covid crash if done proper and the analyst knows what theyre doing can give confluent price data for many months to come

JumbalayaPuddingBronco

theres an all time high intrest in btc at aths aswell as an ath debt ratio leveraged into btc with much risk in our global markets there is no evidence the btc is a hedge against anything as of yet as its still a baby in relative terms. regardless the debt ratio is outstanding and phenominal currently as well as almost 9 macro divergence and not to even mention...

JumbalayaPuddingBronco

we got spx doing bubble stuff and it may pull back dragging the corn with it

JumbalayaPuddingBronco

i like to see how some of these age and which tools matter and hold true. thats all

JumbalayaPuddingBronco

use an appropriate risk metric for ur trade and ur stoploss for ur account. long the low short the high of the sideway channel be patient feel free to use an indicator or volume for confluence, could be side ways a couple more days

JumbalayaPuddingBronco

if u took the short id tp 70 or 80% and run the rest for the next level but its time to look for long cover to avoid potential draw downs,,and whats better than grabbin lows and highs anyway i do expect lower but it might take a couple days and an h4 bounce is likely

JumbalayaPuddingBronco

im just recording it so i can redo an all time chart, take from it whatever u like,