so many AI infra plays looking like btc did in november last year with HTF consolidation above prior cycle ATH
big fan of teradyne $TER fundamentally and technically
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Over the decades I have looked at tens of thousands of charts -- monthly, weekly, daily. Line charts, Bar charts, Candle charts, Renko charts
I enter about 2 or so new trades per week. I study dozens of charts to get to these two trades. I have a high bar for a chart to offer me a trade
When I enter a trade my maximum risk is about 7/10th of 1% of my pot
Illustrated: This is highly manipulated. Exactly to the 50%. Anyone believing narratives influence prices in this asset class is just ignorant. Well you are not because you follow this account.
Learn to measure the 50% of each market make, use a hourly chart and the measuring tool. Mark the line. Thats your entry.
Once its flushed, the next move begins, it will get a higher high and pull back 50% from the new top back to todays price.
Get smarter. Dont buy green candles. Buy the 50% pullbacks and the lower blue liquidation levels.
@SolportTom@xTheMotion I think the rebrand will destroy the letsbonk community, one that has only grown from the beginning without cannibalizing bonk, and I argue helped achieve some of the major milestones.
😆 #USELESS is the one meme that makes smart money look dumb on @nansen_ai.
Chart👇🏻 is crystal — dreaming of a pullback is useless, resisting the trend is useless, aping derivs is useless… cos resistance is useless 🐕🦺📈
Nothing more honest in crypto than @theuselesscoin — it does exactly what it says.
BILLIONS AND BILLIONS AND BILLIONS
#USELESS coin’s ascent to bluechip memecoin status is inevitable
99% of crypto is useless, and the industry is worth $3.4 trillion
100% of memecoins are useless, and the sector is worth $57 billion
the top useless memecoins are worth billions:
- $DOGE: $25 billion
- $SHIB: $7 billion
- $PEPE: $4.2 billion
- $SPX: $1.2 billion
- #FARTCOIN: $1.08 billion
USELESS coin is the ultimate memecoin that epitomizes the entire space and it is worth just $144 million
an eventual, aggressive upward repricing is inevitable IMO
GOD WILLING 🙏
After gap down in stocks & overextension in Crypto this is my current mindset
Think we'll get good intra-day long opportunities this week as opposed to previous couple weeks where sellers were relentless
Still can drop but buyers showing more interest is good sign for intraday
Here is #Binance $SOL wallet balance since November.
Here is #Coinbase $SOL wallet balance since November.
Buy the dip and remove off these exchanges immidiately to self custody.
#draintheexchanges
#Bitcoin probabilities Jan 27th
-80% chance we stay on the trend line.
-15% chance the exchanges flush the low leverage liquidations at $95000
- 5% chance the exchanges flush the 200 day moving average at $82000
Notes: Panic selling can exacerbate the moves down.
Notes: Recovery will be fast.
This is my opinion alone.
I keep getting "bullish" and "bearish" questions about #Bitcoin
Sideways market has been my view for a while now and my view is unchanged.
Sideways sideways sideways.
The market is going to wear everyone out.
Don't let your emotions get the best of you.
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