theres been a range last x months. like many alts. most are bearish. this might be too. Currently mid range after a low time frame breakdown, now in a sideways range wondering if its going to reclaim 41xx support, or break down to test 3500 again befire going back to top of the range, or just going straight down.
Its the story of many alts. I believe currently btc...
this is to show the hopium is not there on the usd.
looks like mess. just bouncing around a weird in the middle of no-where price box.
"what, middle of no where, its price action"
lol, how many times i heard that. you know whats funny, last guys in some tezos room were saying price action it went like this
"this drop is 100% due to price action"
is it your time? can you save the hodlers, dump margin trader, and noob alt traders from their rektness?
Find out next time on, in 2 weeks(tm) - this might take a bit longer, but imma pick up some of this steaming pile of stuff here. well ill check the usd chart which i cant recall the last time I did it, with btc melting faces and accounts its needed.
the cat has been making a mess, then it poops twice.
the third time the cat will not poop in the same place, but chooses a new place to poop.
lets follow the cat and see where the new poop locations will be.
so for a while now ive noticed ppl love margin trading, most of the retail plebs get the same idea, "wow! support broke down we ded SHORT x50!!". Huh well look at that, everyone else is short too look at funding! Im sure to win!
"damn, well at least after we popped up this level we are gonna pump now, margin long x20 ill play it safe!"...
not sure on this but just some 2 min thoughts looking at the chart.
if it goes to 135 again ill sell for rebuys
if it goes down to where i want ill rebuy what i sold at 135 already.
make it mine and zoom to the 1 min if you like. i was thinking around here to buy for a sell around the 135. 135 also is the double top for most exchanges who didnt pump like the...
Last mid/long term chart didnt pan out for me, i figured wed go higher than 020 or whatever it was 6 months back due to halfing. All good though. Refueling under .007 recently.
Is this the bottom for the next 6 months or just a delay consolidation until dec 4th (thx dj thislte), its a good question.
alts generally dont spend alot of time in consolidating sideways...
most detailts on chart. Made this the other day, i was wrong. Trading it happens alot.
"if ltc did exactly what it did last /usd bottom which i dont think it will follow is this #ltc"
Good luck everyone
TLDR sorry its a big mess. it takes me a while to go through one aspect of a large overview
what im looking at here is general market structure that i consider interesting and may be important.
i look for things like, if this happened before will something similar happen?
moslty based on price features and responces comapred to previous times
and also based...
ill throw this one up, i bought and sold most after the second breakdown candle on inverse after seeing this
i hope it keeps going, didnt rebuy all yet, but looks good.
"short this to 0" - note this is inverse.
credit to the 3 drives and blow off go to the one and only Dj_thistle02 on twitter. great guy. he didnt invent it...
Taking a look here at BNB
i have written some notes on the chart, that i find useful, sometimes i recheck old charts and see what ideas worked and didnt work, and the thoughts I had at the time.
1 to 5 are written points about different things.
if you like to chart, and trade btc, stocks or altcoins, do message me, I always enjoy going over charts and having input...