foxymethoxy

BTCUSD thoughts and short chart

Long
foxymethoxy Mis à jour   
COINBASE:BTCUSD   Bitcoin
we are in the middle phase of this move

be patient. signals and indicators won't work much here anymore; if anything, people will be contrarian on purpose, and those with a great influence in the money aren't traders, and so don't even think about it.

sticking around % values that are logical; start at p⁰ (input 13.37% tp, sl 4.20%, rebuy at p₁, reach for t₁ = p₁/7.50%, return to t₂ = t₁ +/- 4.5%.) I figured that was a good profile for what someone would want to do if they planned on converting it into a different coin or fiat, probably not fiat, but maybe a more secure coin in the case of some individuals.

fib chart is a slightly altered one with what i find more useful levels than the ones on normal fibs. .618 is fine, but the others are just not as useful as their more simplified, rounded counterparts- when humans input prices, they will do it lazily (33333) or via %, sometimes pips (very pips wow)

Trying to think too hard about this chart isn't healthy so don't go crazy over it.

Yes alts have a correlation during this timeframe but that's available elsewhere and I don't have the chart anymore. It's obvious if you study them at the same time when the most violent moves are happening, tho.
Transaction en cours:
getting there lol
Commentaire:
choo choo
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