15+yrs equities & crypto.
I see what the chart doesn't show you. Insights others aren't looking for. Alpha you won't find in the indicators.
@Beyondchart
What do $META, $SNAP, $LYFT, $UBER, and $COIN all have in common? 90-day after IPO:
META -47% ๐
SNAP -26% ๐
LYFT -21% ๐
UBER -12% ๐
COIN -27% ๐
All dumped hard in the 90 days after IPO.
SpaceX is next. Will $SPCX be different โ or just another chart?
What do you do when BTC shows strength mid-downtrend?
You cover at $61k and respect the tape.
Is the bad news priced in? Honestly โ maybe. And that's enough for me.
Nasdaq at 28600 is a trap. Horrid inflation data incoming + World Cup liquidity drain = nobody's catching this knife right now. Cash is a position. Safe haven first.
What's harder than longing BTC at $61k support
Knowing when to just... not trade. Chart's at a critical level. One wick and degens get rekt. Sometimes the best alpha is sitting on your hands.
Like it or not, we are in a bullish phase.
Listen to the voice of the market. Stop shorting and losing your pants and precious sleep.
#crypto#trading#Bull