@Newe1591@BBN_Bucky Really? Laughing about the laziest, most uncoordinated layup Iโve ever seen at the pro level, then tripping over her own two feet isโฆ her having fun? Itโs a bad look for the league, bad for the spectators, disrespectful, and a complete embarrassment.
@ErikVR1634806@WallStreetMav My wife makes this type of argument too, but itโs a logical fallacy. The point is that sheโs a DEI hire and thereโs a higher instance of this type of thing occurring compared to those who got there on merit alone.
BIG #ETH MTF update! ๐จ๐งต
Just like I expected, in a place where majority got bulled up it was a time for a MTF pre-bull market shakeout & the price did indeed come closer to the 200 DMA!
Not only closer but even touched it, which is something that I did not expect that we would go this low, however the elephant in the room is:
Has the idea of a MTF correction before higher been invalidated and has this been a HTF trend change?
My answer to that is NO just yet. However, as I stated multiple times, we need to closely monitor the Weekly closes and whether we hold the current extreme levels & then manage to recover previous ones
As I said back then:
"This is the MTF/local risk in the market & in that sense we are in for either a slightly longer period of ranging or a similar pre-bull market shakeout as we saw in 2020 with a high degree of probability"
The market has now fully reseted & even slightly dipped below the 200DMA & horizontal support but managed to reclaim it. The drop is also identical in terms of % with the 2020 one by -37%, which in the context of higher market cap now is even a bigger drop than back then
I'm currently sitting on some underwater (but also overwater) bags from this recent rebuy (apx 3800) and that is ok for me as I'm playing the bigger game here
So yes, I still view this as a pre-bull market shakeout until proven otherwise, with a raging bull to come since now & for the entirety of next year. All the context is still telling me so. All the price needed to do has done on the downside now the room for 5 digits and higher awaits or it is doomed forever
This still might become one of the most obvious HTF retests in history from a future lens
Forest > Trees
Iโve 30x my money already this cycle so Iโm feeling generous ๐
Who wants $5k worth of $NPC Dropped into their account?
All you have to do is LIKE & RT il pick two winners gl.