JPEGRichard

Channel manager & lead , project strategist, Advisor
Discord : Tea#444
DM for Business inquires

[JPEGRichard @jpegrichar]

@Investergram $Wat on dip and on my radar for sure

[Jeztoshi @cryptojezuz]

This cycle:

$BTC will hit $100,000
$ETH will hit $10,000
$NEIRO will hit $0.01
$SPX will hit $2.00
$REDO will hit $10.00
$WAT will hit $0.0005
$DXY will hit $0.5

Do what you like with this info. Generational wealth doesn't come knocking very often.

[JPEGRichard @jpegrichar]

@cryptojezuz @elonmusk Apeddd

[Jeztoshi @cryptojezuz]

So which $POCHITA do I buy and support?

[Ash 🔱 @RevengeTrador]

Exchanges do NOT want to crash price of $BTC the way they did earlier this year. Like a crash below 49K is not good for exchanges, UNLESS there are so many leveraged Longs that exchanges are forced to crash it to survive.

Right now, I don't think that is the case. Exchanges make the MOST money when $BTC price chops sideways or goes up but chops a lot as it goes up. Because when prices chop, then exchanges liquidate longs AND squeeze the shorts.

They make money BOTH ways. If $BTC price went to say for example 45K or 40K, then many traders will throw in the towel thinking a new bear market has started. And trading volume will be down a lot, so how is that any good for exchanges?

A lot of exchanges will go bankrupt in bear markets like FTX went down. Exchanges want prices to rally slowly, with lots of big cops in between.

Survive till October brothers and stay safe in leverage🫶

[Ash 🔱 @RevengeTrador]

Up 75% and just got listed on @Bybit_Official perps

Time to have fun on leverage 🍷

[JPEGRichard @jpegrichar]

@RevengeTrador It's good to hear your true views 💯 , hopefully we will see ath soon

[Ash 🔱 @RevengeTrador]

💡My thoughts on Powell's speech and macro-markets

What Powell spoke about, the markets seem to like it. US Dollar tanked back to major support again at 100.8 area..... so Gold jumped up, NASDAQ opened up, and $BTC is up as well. The market is interpreting this as the Rate Cut cycle has officially begun, and that means US Dollar is falling. If so, that is GOOD for risk assets such as Stocks and Russell 2000 (IWM) and $BTC and crypto.

Personally I am worried if USD-JPY goes down, which it has after Powell's speech, then would that cause a crash to the markets. So far, this is very important that NASDAQ and $BTC are ignoring this risk, so I think they want to go higher.

I stay with my forecast of another major leg up for NASDAQ and probably Russell as well, a BLOW OFF TOP in a few months when recession becomes obvious and Fed has to cut in a hurry. Fed is pretending everything is fine for now and his speech shows he only wants to cut 25pts at a time.

This is the same as per my forecast from earlier... until panic sets in and Fed cuts 50pts or more per meeting when recession becomes obvious in a few months. For now, I think markets have a new ATH to make, and I am bullish on US stocks and $BTC should follow stocks up as well, if so, then an Altcoin Season should follow sooner or later.

[JPEGRichard @jpegrichar]

@RevengeTrador That's some deep knowledge

[JPEGRichard @jpegrichar]

@Investergram $WAT Diamond hands

[Investergram @Investergram]

It's very easy to spot big meme plays when the market is red.

Whenever $BTC, $ETH or major alt coins take a hit, we witness memes drop by between 50-90%, however its the ones that show strength against the pair which stand out for a major pump/reversal when the market switches to a favorable situation.

$WAT is showing insane strength up over 300% since AUG1 on WAT/WETH pair. I smell a ATH reversal for the rat 🐀🧀 @wat0x63

https://t.co/UUqkJ7zKXt

[Ash 🔱 @RevengeTrador]

💡Macro-market Thoughts

Pure fear and panic in the markets, basically, all of a sudden everyone realised, jeez, it could be a recession coming.

Most of the market was betting on a SOFT landing, and very few like me were saying it's a recession, it's just taking longer for the Yield Curve to invert back to above zero is all.... And now look at this yield curve, it is so close to getting back to normal now, the major recession signal is almost here.

So I still say the most important chart here is the USD/JPY, because of recession fears FINALLY sinking in, and Fed is projected to cut 50 pts in Sept and then 50 again in NOV... All of a sudden market has Fed cutting 100pts by NOV now.

Anyways, so USD has tanked, that means USDJPY has crashed lower, thru key support at 150 area. And this is like a massive Margin Call, because a lot of hedge funds now panic and need to sell stocks to get their money back into Japanese yen to repay their loans on the carry trade. So that is why NASDAQ and SP500 are selling off, and Gold also because some used borrowed JPY to buy Gold as well.

So as stocks sell off, then MORE margin calls are made on traders who used margin/leverage on Stocks, now to protect their position, they then have to sell something to cover their margin calls. So they sell BTC ETF and ETH to pay for their margin call in stocks. This os the cascade of selling due to stocks going down, which is ultimately caused by the crash in USDJPY.

When we get into a real bear market we are gonna see market meltdowns on this similar kind of logic but obvioulys much more intense. This is only a pre-show, it's not the main event yet. The market is likely crazy enough to rally it back to a new ATH after this dump is over for a final Blow Off top.

[Ash 🔱 @RevengeTrador]

💡Memecoins + Leveraged Trading Thoughts

One of the earliest mistakes i made when i started crypto was sticking to only one field of income source. Crypto as a whole has infinite opportunities to make money whether it be from leveraged trading, marketing for projects or trading memecoins.

The current macro-market is difficult to trade on due to so many factors increasing volatility every single day. The biggest mistake you can make as a leveraged trader is attempting to take a trade every single day. ALWAYS look for other avenues and WAIT for your perfect entry where risk is managed.

On-chain volume on ETH is starting to pick up a lot after $NEIRO. I recommend you all start paying attention as any capital you make from this can help you make more sizable and precise trades for leveraged.

As always manage your risk but definetely keep your options varied. I barely post memecoins here, so far only 2-3 which have proven to be profitable for everyone.

I will continue to post these for everyone if i know that the team which reached out is capable of pushing. Other than that, hope you all have an amazing day.

Will post more updates on the macro-market soon.

[Jeztoshi @cryptojezuz]

Just grabbed a bag of $DAD.

Very meme-able event that has taken over social media. Reminds me of the Khatchu girl which went very far.

Turkish hitman in the Olympics @DadERC20

https://t.co/dJ3CVxSxhy

[Ash 🔱 @RevengeTrador]

One more thing to note:

CEXs always need a reason for liquidations. The recent pullback could've been due to Powell being nuanced about September rate cuts BUT there was also the war FUD introduced.

Two different events happened yesterday but you can notice that if it was due to "War FUD" then why didn't stocks nuke?

Back in April 12/13 when the "War FUD" came out. Everything crashed including stocks.

Goes to show that, CEXs really control this market. Your emotions and directional bias doesn't.

I suggest trading leverage in this market don't expect to enter a "long-position swing trade". There is too much volatility with this chop environment.

Trade safe bros💪

[Ash 🔱 @RevengeTrador]

TPd majority of my Short on $BTC

Few notes:
- When CT is screaming for new ATH
- OI increasing near a 70k res + not enough spot flow
- Massive sell bids on Coinbase around 70-72k
- The same degens who shorted BTC at the lows were longing BTC at highs

You can expect a decent pullback. Market Makers always know the orderbooks.

Not to mention all of this massive run-up happened prior to FOMC. Why would you long prior to FOMC knowing that the market has always derisked.

To break range highs there's a massive amount of spot volume needed and perps isn't enough.

[Jeztoshi @cryptojezuz]

I truly believe my community is the biggest winner on X these dates.

The last two pre-launch calls we made were $SHIBA and $PENDY whereas Shiba shot up to 2.2M from 20K yielding all the eyes prepared over 110X and Pendy shot up from 30K to 11M which is a astonishing 360X gain.

If you got in early to any of these plays with $1000 then your bags at all time high would be worth more than $400,000!

I will be sharing more and more plays over time until everyone following me can afford a Lambo with the color of their choice.

Should I share another one today?

[Ash 🔱 @RevengeTrador]

Hope you took my warning on $BTC

[JPEGRichard @jpegrichar]

@RevengeTrador Send it legendddd

[JPEGRichard @jpegrichar]

@cryptojezuz Send it legend