I'm putting together a weekly crypto trading email newsletter that includes some analysis, altcoin updates by @DARKNESS_CRYPTO, and educational write-ups and links to trading and technical analysis resources.
If interested, you can sign up here: https://t.co/eNrsZlB87x
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👁️ Visualized: FTX’s Leaked Balance Sheet
Graphic visualizes FTX’s leaked balance sheet dated to Nov 10th, and published by the FT on November 12th. Spreadsheet shows nearly $9 billion in liabilities and not nearly enough illiquid cryptocurrency assets to cover the hole.
Samanea saman, is a species of flowering tree in the pea family. It usually reaches a height of 15–25 m (49–82 ft) and a diameter of 30 m (98 ft). This is located in Alae Cemetery, Wainaku, Hawaii
[source, alexjbauer: https://t.co/S0chTLcLbu]
Common error:
1. Find support structure
2. Buy structure
3. Put a stop right below the structure
Questions:
Would you sell a couple of points below that level if you weren’t in a trade?
Does a small wick invalidate the entire thesis?
Probably not, so move that stop.
Bit messy/eager for the entry at the start, but played out alright. Happy with the exit.
Lower size and conviction on the short, target to cover around/below yearly open to 28,800 area.
Cutting it if there’s any strength/holding above 29,500.
This evening’s session will offer an introduction to funding rates & open interest.
Aimed at beginners, but should be a decent refresher for practitioners.
I’m too intellectually decrepit to write anything, so talking into my phone will have to suffice.
https://t.co/RD3Cwqj9LZ
Stopped out. Didn't manage to get out early.
Should've closed after the spike up that wasn't too far from target.
The higher low near entry had me fooled, since I thought it could push up to target after that.