hauteville

hauteville Updated 

Small Picture Overnight, 500 million ETH.USDT was purchased. Yesterday, 1.5 billion ETH.USDT was sold on Binance. To challenge yesterday's resistance, we need to see an extra 1 billion ETH.USDT bought on Binance today. Big Picture 8 billion ETH.USDT was bought between May 23rd and May 29th on Binance. 7 billion ETH.USDT was sold during the same period. To...

01:07

hauteville

The VWAP (Volume Average Weighted Price) trend appears ominous.

hauteville Updated 

We had an overnight uptrend following an area of reduced volatility. Presented here is a Bollinger Band indicator overlaid on a MACD indicator. Circled is the BB squeeze, the area of reduced volatility. I bought a 5x long contract last night at 6pm, but then I sold it 20 minutes later. The risk-reward ratio was too close for my comfort. Only 100 million ETH.USDT...

hauteville

ETH finding resistance in the billions USDT (the Japanese ogre emojiis). Falling through support in the billions USDT (the Japanese castles). Currently in a 13-count TDemark buying countdown wave (the Jokers emojiis). The trend is bearish. The 3-count TDemark selling countdown wave terminated on May 11th (the crown emojiis). TDemark trains the mind to sell high...

hauteville

Research is empowerment.

hauteville

I counted fifteen $1 billion purchases on one wave, and then I counted fifteen $1 billion sells at the end of the same wave. The latest wave has four $1 billion purchases. Seems very rickety. Seeing all this makes the market seem like a living, breathing thing.

hauteville

Before we conclude that's bullish, it's important to note that whichever whale or institution is buying is buying much less than they were last month. Same thing goes for Bitcoin and Ethereum. The whales are buying less now, even though the coins are cheaper now. Possibly related, @SentimenTrader recently tweeted: "In the past 7 sessions, stocks have suffered...

hauteville

The Invisible Hand Follow the money. On a higher timeframe, the bull market is most likely over. Why? Possibly inflation. Or possibly something else entirely . When whales and industrialists have higher material costs, they have less money to store in crypto. Right? Human beings struggle to understand how macro things work, which is why we need mathematical...

hauteville

FOR SHORTS: Go short when the money flow is high. Take profit when the money flow is low. FOR LONGS: Go long when the money flow is low. Take profit when the money flow is high. This market is nutty, so hope this helps. I have both long and short positions.

01:54

hauteville

There are two possibilities here.

03:42

hauteville

It's looking like this wave up has exhausted all of its resources. My inclination is to go bullish here because my sentiment/emotions are calmer/better now. However, I'm reading that this particular peak is a good shorting opportunity with all of my indicators. Even though I love crypto, it pays no yields or dividends or rent, so it's basically the same thing as...

hauteville

When inflation rises, the cost to borrow money rises. In the 1970's banks supposedly had to raise mortgage rates for homes to 20%. With easy money gone, rich people will no longer be able to afford to keep their money in crypto because then they would need to borrow money at high cost for their expenses. As expenses rise due to a devalued currency,...

hauteville

We are currently in the bear forest where wicks down vanish quickly (causing a huge headache for shorts, because we could gain $100,000 on 1 bar and see all of the profits disappear on the next bar). If we drop to 20 cents in one of the 5-Hour Heikin-Ashi bars, take some profits before the next bar. We can always short again on another 5-Hour bar. Don't expect...

hauteville

Dogecoin always retests support on the 4-Day chart. In this case, that's around 5 cents. It could happen around June. Trees are resistance.* Snow-capped mountains are support.* Remember that volatility is high: Bears are reminders to take profit on the wicks down (if you're short).* Skiers are reminders to take profit on the wicks up (if you're...

hauteville

Dogecoin fell sharply through the Lower Bollinger Band on the 1-Day chart. When this happens on the 1-Day chart, a short position can be closed for profit-taking since there has been a too rapid sell-off. Now that Dogecoin has created a new bull-trap, a new short position can be created for the deeper ride down.

hauteville

This is the Ichimoku Cloud 1-Day chart presented with Bollinger Bands, Tom DeMark support levels (the space spiders), & Tom DeMark peak momentum indicators (the alien faces).

hauteville

Open a positional short contract without leverage & HODL.