⏺️Bitcoin maxis who caught it early are being a victim of their success
➡️They had to build a narrative around their achievement
⏺️They have gone on to explaining the ever evolving world with a constant fact⏸️ Decentralized & Genius Protocol
🛑The genius of the BTC protocol is the least important fact to its promise at this stage.
✅The empire ran out unexploited collateral
✅Gold and treasuries are lent at least over 3 times
✅BTC filled a need⏸️Truly global & digital collateral
✅It was given an empire sealed recognition
❌ Stop financial tribalism
❌Stop calling it a gate to financial independence
✅Any instrument that appreciates in real terms is a gate to financial independence
🛑It’s not people’s money! It’s the empire’s collateral
Market Wizard Linda Reschke's 12 Technical Trading Rules:
1. Buy the first pullback after a new high. Sell the first rally after a new low.
2. Afternoon strength or weakness should have follow through the next day.
3. The best trading reversals occur in the morning, not the afternoon.
4. The larger the market gaps, the greater the odds of continuation and a trend.
5. The way the market trades around the previous day’s high or low is a good indicator of the market’s technical strength or weakness.
6. The previous day’s high and low are two very important “pivot” points, for this was the definitive point where buyers or sellers came in the day before. Look for the market to either test and reverse off these points, or push through and show signs of continuation.
7. The last hour often tells the truth about how strong a trend truly is. “Smart” money shows their hand in the last hour, continuing to mark positions in their favor. As long as a market is having consecutive strong closes, look for up-trend to continue. The up trend is most likely to end when there is a morning rally first, followed by a weak close.
8. High volume on the close implies continuity the next morning in the direction of the last half-hour. In a strongly trending market, look for resumption of the trend in the last hour.
9. The first hour’s range establishes the framework for the rest of the trading day.
10. A greater percentage of the day’s range occurs in the first hour then was the case in the past, and thus it has become increasingly important to trade aggressively if there are early signs of a strong trend for the day.
11. There are four basic principles of price behavior which have held up over time. Confidence that a type of price action is a true principle is what allows a trader to develop a systematic approach.
The following four principles can be modeled and quantified and hold true for all time frames, all markets. The majority of patterns or systems that have a demonstrable edge are based on one of these four enduring principles of price behavior.
Charles Dow was one of the first to touch on them in his writings. Principle One:
A Trend Has a Higher Probability of Continuation than Reversal Principle Two:
Momentum Precedes Price Principle Three:
Trends End in a Climax Principle Four:
The Market Alternates between Range Expansion and Range Contraction!
12. In the world of money, which is a world shaped by human behavior, nobody has the foggiest notion of what will happen in the future. Mark that word –
Nobody! Thus the successful trader does not base moves on what supposedly will happen but reacts instead to what does happen.
@TechCharts Disagree. See what $MRVL did before it broke out. It did exactly what you call false breakout. But it didn’t turn out to be false???
Overall, there’s no standard formula. Each setup requires an analysis within context.
@ProfKayaFinance Illede aliciysan, DCA yapmak yerine o ucgen formasyonunun bitmesini ve piyasanin karakter degistirmesini beklemek daha karli.
Cok uzattim….
Serde spekulasyon var, kusura bakma
@ProfKayaFinance Gecen hafta BE ve MRVL short pozisyonlari actim. Actigim an itibariyle grafikleri ekte. Yakaladigin ücgen formasyonu cok degerli. Asagi yada yukari yuksek ihtimalle para yapar.
@ProfKayaFinance Büyük endekslerde, amudi yükselis/düşüşlerde… hep logaritmik. Yoksa trendi gormek mumkun olmaz. Fiyatin uzerine gelip, sağ klik yapinca, logaritmik opsiyonu gelir.
@ProfKayaFinance Tanimiyorum seni ama sosyal medyada ruh hali saglikli olan cok nadir insanlardan birisin. Allah daim eylesin. Turkiye’de boyle insan azaldi.
$BE
What stands out isn't one pattern—it's the confluence:
Climactic sell volume on June 26
A completed compressing triangle
And a downside break of the triangle
Together, they deserve a short position
$OSCR
Below is my gift to X Fin Community
Price spent 2 years oscillating in a memory box. Then broke out. How do you not fall into fake breakouts? Real breakouts produce nearly equal subequent violations of lower and upper boundaries. Late March, early May attempts.
$MRVL produced an insane volume bar on Jun-18-26 which wasn't an earnings day. Price, the same day ended up with an upper wick. It was a climactic distribution. The killer is the follow up. Price formed a lower high!!! Subsequently, it failed to bounce.
Below is $BTC all time log chart. Bottom is in, unless BTC is no longer relevant. We might see lower wicks, even a monthly violation of a 14 year trend. But that's about it.
@ProfKayaFinance Herkesin hedefi ayni aslinda: Ucuza alip pahaliya satmak. Sunu biliyoruzki, hisse senetleri ömürlerinin %80’nini gercek degerinin dışında geciriyor. Siz, beklerim diyorsunuz. Ben pahaliyken short, ucuzken long olma pesindeyim. Tabiiki cok daha riskli.
@ProfKayaFinance Yukarda maalesef olmayan, modern zamanlarin unuttugu “tape reader” kategorisi. Pekte marjinal bir kamp degil aslinda. Zira efsane trader’lar var bu kategoride: Jesse Livermore, Richard Wyckoff, Andrew Sklarew, Paul Tudor Jones, Linda Raschke ….
$MRVL daily chart below:
Don’t watch price alone. Watch the effort. The largest volume is hitting on the sell side, and each advance is becoming less effective. That’s information.