Been a crazy week using my new indicator.
Back-tested the strategy with an 86.3% win rate over the last 17 mos, so far
Currently works on $BTC, $ETH, and few other Alts
1 more week of testing B4 dropping full portfolio in on these trades
@CrypNuevo@CrypNuevo I love your work! What is too high of a position for a trade, in your opinion. Meaning, if I have the perfect setup and I'm positive of the move and I have $100k, is 25x too much leverage because my position size would be $2.5 million?
@MikoGenno There are still a lot of people believing that this is the bottom and longing with overconfidence. I wouldnt be surprised to see a drop to 9-9.5 cents to clear out some fo those long liqs and induce more shorts
@CrypNuevo I feel like $BTC is forming a wedge and could possible drop out the bottom. In the LTF we are in an obvious channel pattern and will continue in it until the bounce at the bottom of the wedge (as you have outlined in your projection
Why does nobody feel like this could be a possible scenario?
CT seems convinced that we're up only from here and our 18% correction was it but this structure just looks heavy to me.
This is purely off of gut feeling so I would love some debate from some of you that I trust.