Matoshi

This time we do it right. No FOMO. No Hopium. Just charts.

[Professor Keith 🏫📈 @Carolinakeith_1]

$XRP daily MACD and RSI both show that XRP is trying to form a base, and at least attempt some recovery. I AM NOT saying its about to MEWN, I'm saying it's trying to minimally take back some of the big losses it's had over the last several months. MACD needs to attack the midline, RSI needs to continue to trend up and away from the oversold condition it was in.

Baby steps, it needs time (and it's going to take a lot of it).

[Matoshi @Matoshi94874450]

@nicola52jane If you‘re relying on someone else to copy their „calls“, you‘re doing it wrong and will get rekt at some point.

[Matoshi @Matoshi94874450]

@EatTheRich_Off True, realistic targets and data-driven approach don‘t translate to big follower counts. It‘s wild to see delusional shitposts trying to manifest a bullrun out of nowhere getting thousands of likes. They just make stuff up and somehow people fall for it…

[Professor Keith 🏫📈 @Carolinakeith_1]

Over the last few days, I have been skimming profits off my $AAPL positions based purely on the charts.

No news. No narrative. just data.

https://t.co/8Cqf1XH8GX . Couple bucks a month to keep the idiots out, I disclose every move I make GOOD OR BAD!.

[Professor Keith 🏫📈 @Carolinakeith_1]

just as we suspected, $ETH sweeps liquidity and runs to one of my higher timeframe targets. Again I'll say, there can be a short term low volume bounce up here, but the downtrend is EXTREMELY strong so don't expect too much. There's a VERY high likelyhood that 1 more really ugly stab south happens before the end of the year. THAT will be the BEST buy opp for the next 3 years.

[Matoshi @Matoshi94874450]

@KillaXBT Or you can wait to buy until there‘s a trend shift.

And by the way, looking at my timeline, it doesn‘t look like everyone was waiting to sell in Q4. People acting like this is the first bear market they‘ve ever seen. 😂

[Matoshi @Matoshi94874450]

@EatTheRich_Off I have trust issues with EW in general, but I mostly agree with what you‘re saying. At the moment it‘s hard to imagine those waves playing out.

[Matoshi @Matoshi94874450]

@EatTheRich_Off That‘s a drastic wave. 😂

[Matoshi @Matoshi94874450]

A long term 2x lev trade with big size is stupid risk even for BTC. A liquidation event like 10/10 can take you out and you‘re left broke. It’s risky with BTC, but would be insane to attempt this with alts.

You‘d be safer borrowing money from the mafia and buying spot.

[Killa @KillaXBT]

Apparently a lot of people don’t realize that 2× leverage exists.

Not every trader is maxing out leverage and gambling recklessly, some use modest leverage and manage risk responsibly.

But they wouldn’t know that would they… cause they’re all unprofitable gamblers.

[Matoshi @Matoshi94874450]

@Ted72vr @KillaXBT Exactly.

[Matoshi @Matoshi94874450]

The risk / reward was way worse when BTC was over 100k, or a few weeks ago at 80k when your favorite shills told you to buy. We‘re approaching much better buy prices now.

I’m not gonna mess with alts tho, too risky before BTC bottoms.

[CBB @Cbb0fe]

The risk/reward of putting your capital in crypto has never looked worse.

Not only are returns getting compressed, but AI is massively increasing the attack surface for hacks.

Crypto is no longer the best place on the internet to achieve financial freedom.

[Matoshi @Matoshi94874450]

@Carolinakeith_1 Finger nail clipper is wild 🤣

[Professor Keith 🏫📈 @Carolinakeith_1]

$56k is obvious here for $BTC, which is the .382 bull market retrace fib. From there, $50k is fully open (red rectangle), and $44k are FULLY OPEN to be tested before the floor comes in. NOTE: that's a REALLY ugly Head and Shoulders forming up also...

Things usually get WORSE before they get BETTER. October-November is a loooong way away, we will see some short term up here and there, until the lows are attacked, but you can just about bet that things aren't done bleeding.

lastly, trusting an ALT coin is SO EXTREMELY risky. I cannot say it enough - trying to do this without a chart is like going to a gun fight with a finger nail clipper.

TRUST THE CHARTS!

[Professor Keith 🏫📈 @Carolinakeith_1]

look closely at the date on this cart... the top of 2022! How Did I know then, and how did we know again this time?

come by and learn some FREE chart stuff tonight, grab your fav whisky, and have a good time! 10 pm est! LIVE!!! We will be going over chart basics, answering any questions you may have LIVE, and having fun doing it!

See ya'll there!!

[Matoshi @Matoshi94874450]

@LA201210 Alright, you're in the wrong thread then. My post was directed at people who want to swing trade the ups and downs, but listen to the wrong people.

[Matoshi @Matoshi94874450]

This should be your moment to unfollow all accounts that told you to keep buying $BTC when it was at 80k, called you idiots for being sidelined and said the 4-year-cycle was dead.

Those people can't read a chart to save their lives, or their portfolios.

[Matoshi @Matoshi94874450]

@LA201210 Congrats!

Volatility is great, I can sell when BTC is too expensive and buy MORE when BTC is too cheap. If the goal is stacking as much as possible, why not maximize buying power?

Not everyone needs to be a day trader, I get it. But I'm not gonna hodl through a bear market.

[Matoshi @Matoshi94874450]

@planvictory Get that giant mountain outta your ass and read what I‘m saying. 😂

Stop following other people that tell you what‘s next, especially when they tell you to buy at resistance.

We‘re back at support now, but still in an overall downtrend. Make your own conclusions.

[Matoshi @Matoshi94874450]

@BlackLevin1979 There are times to buy and times to sell. 100k+ were times to sell.