Sackofspuds

Pepecash enthusiast. Bear conversion therapy

[Sackofspuds @Strictflow]

Btc now below 100 MA while it's funding rate and OI increase on this move, LEO/BTC starting to break out after 14 months of sideways(?). Bad signs
92k area needs to hold + reverse sharply above 100 MA for bull. This PA looks like late '21/ early '22 where 2/3/25=12/4/21

[Sackofspuds @Strictflow]

Would have liked to see LEO have a big wick to the upside on this leg down. In the past, that has marked bottoms. The fact that LEO has been threatening to breakout for 2.5 months and still didn't even on this move down is sus

[Sackofspuds @Strictflow]

This move tapped and dipped just below the previous cycle crypto total market cap ath. Another bottom signal. Would like to have seen more red capitulation on funding, but August didn't have it either.

[Sackofspuds @Strictflow]

Btc is now at the 100 MA area

[Sackofspuds @Strictflow]

Cycle forecasts bullish times ahead for crypto and 89k/100 day MA area should be the bottom for btc. However there's a huge counter to this- ever since 2000 the fed beginning to lower rates has preceded a major stock market top in the following 2-6 months.

[Sackofspuds @Strictflow]

It hit .025 lol
And ETH/USD hit a trendline that's held since the bottom in June '22 at the same time. Very likely bottom unless crypto is dying

[Sackofspuds @Strictflow]

ETH finally made a move, but ETH/BTC still looks incredibly bearish unless it continues to pump like fuck. If not, it’s probably going to .025

[Sackofspuds @Strictflow]

The trifuckta of warning signs for a stock selloff are at late stages. Potentially topped in December with lower highs now on indexes. Huge week ahead- pump to new highs and it could stay bullish for weeks to a few months, selloff and things start to get ugly until fed steps in

[Sackofspuds @Strictflow]

Wild levels of degeneracy in crypto and the western world. It's a funny/frustrating clown show, profitable for some, awful for people and humanity overall. If this isn't the last inning of everything bubble wtf does that even look like

[Sackofspuds @Strictflow]

With the stock market and crypto still only being at lower highs since the December top, I don't think you can rule out this time will be different yet. Hoping for continued recovery and consolidation, but keeping this tail risk in mind.

[Sackofspuds @Strictflow]

on the highway to hell

[Sackofspuds @Strictflow]

Let's ride

[Sackofspuds @Strictflow]

$AERO has been one of my favorite charts for months. Good buy recently at that aero/btc trend line. At USD ATH so maybe it cools off, but could go straight to BTC ATH. If a base season happens this one could do very well

[Sackofspuds @Strictflow]

$RAY/btc is consolidating over previous highs- you don't get many of these set ups but it's such a high hit rate. $BNB was an exchange coin that did it last cycle. Other ones that did it last cycle were $FTM and $MATIC that went on to do multiple Xs

[Sackofspuds @Strictflow]

$NOS early breakout before election -> range between $3-$4.50 for a month above 360 MA. Low cap AI coin worth a shot, and great buy if it goes back to $3. Once $4.50 breaks it should send

[Sackofspuds @Strictflow]

@TraderThales sol/btc is breaking below 360 MA after holding all year. But maybe just temporary over-extension

[Sackofspuds @Strictflow]

@TraderThales Still thinking btc and the market goes down here?

[Sackofspuds @Strictflow]

XLM hit 4 year MA- marked the top of the 2 biggest pumps since 2018. XRP hit the same MA but it hasn't been a reliable top. ADA hit close to bear market rally top in April 2022. If this ain't the (local?) top for these, idk what is. Profited a little off XRP but sold early

[Sackofspuds @Strictflow]

@ItzByrdd @CrashiusClay69 Fet still alive and well innit

[Sackofspuds @Strictflow]

Yeah btc is up a lot maybe it tops here. But if it doesn't and gets going it could pump 30%, or really crazy another 70% at most. In either case alts would rise with the tide setting up for a huge alt season. A top here just prolongs that unless btc falls back into the range

[Sackofspuds @Strictflow]

Many rejections on alt/btc pairs here besides doge. Also we've now matched total market cap ath and btc is at copium diagonal of the 2021 aths. Options are the whole market is topping here and everything nukes. Or btc sky rockets while everything else stagnates.