@ingmar068@TraderMotif Inflection point are never rsi divergence related. Rsi divergence serves as a confluence factor. Inflection points are places where the things start to look to turn the other way-ysterday btc made 3 pushes down and the last was fake out below the support trendline was inflection
Quick year in review highlights:
Biggest REALIZED PNL year ever
Biggest uPNL year since 2021
VIP 9 on Binance (25B+ Perps volume/month)
3 new retail trading businesses spun up
Oh and of course
250B+ Volume from @InsilicoTrading
Hyperliquid.
@SalsaTekila been there done that, can agree its a recipe for disaster when not using correct sizing. usually helps me to srsly lower the initial entry (like go with 20% ), as you almost every time guess it wrong (market prints obvious bottom formations and then send it down again)
@ThinkingUSD Hi Flood, just discovered a feature im missing on insilicoterminal, how can i reach you for that pls? i remember you asked last time for some
The last thing we can examine is the volume chart. Here, you'll see the cumulative turnover during the dump. Surprisingly, there is significant turnover for both USDC and FDUSD, but the turnover strength of ADA is particularly shocking.
@Wolfquant the picture is so wrong on so many levels i cant even describe :D re learn the structures, btc didt even make the final E wave.. so maybe D wave forming but how the hell is this supposed to be top idk