We were somewhere outside Barstow when the markets began to take hold. Suddenly there was huge roar all around us and the markets were filled with what looked like to be a bunch of huge shorts. A voice was screaming "who are these goddamn bears ?". My partner asked " did you say something?" I said, never mind, it's your turn to trade. No point in mentioning these...
Remember back in elementary school the two kids that were going to fist fight in the creek once school got out. Every so often the fight would actually materialize but more often than not somebody got cold feet and tried to get out of the fight. Be it by faking sick, taking the long way home, etc. That's what is taking place right now with all the panic selling in...
Sorry for the long lay off on my TA charts folks. The IRS has been breathing down my neck like it's some kind of personal vendetta against static commando. Since my last analysis Bitcoin has started to show signs of life like a Republican at a Klan meeting. Having said that, you always have to be careful about the FBI informant that could be infiltrating that...
If you want to hodl, be my guest. Most likely you went with beta max and not VHS. When I get asked by new traders about the hodl practice my response has been this. " Those marks out there going long and trying to get rich 10 years from now are suckers, I mean they got no balls. If I want more coins I just scalp them. Anybody who complains will get scalped so hard...
Unfortunately TA alone can't be your only tool for trading. If it worked all the time everybody would be sitting at home filling their bank accounts with easy money. There's many things affecting the price action for BTC and if you've been following me you should have a good understanding of those many indicators. I have very little time to go into all the reasons...
This last wave down was so big that I don't think Laird Hamilton would have the balls to ride it. The good news is everyone that's willing to get back into the water at this point has a good opportunity at 40 acres and a Lambo. First off, don't believe the hype that crypto is dead or become one of these ICO scammers that is dumping all of their Ethereum because...
Happy Friday my fellow traders. Sorry for the long delay on my manipulation analysis chart. If you've been following me you'll know that on my last chart I said BTC would dip into the high 5k range once more before moving up again. Turns out I was right, hopefully you scooped up a bunch of coin when it dropped back down,I know the whales and scammers at Bitmex...
Good afternoon my fellow traders. I noticed a trend in the market a few hours ago and just recently found the time to give you an update. While I'll admit that I thought we were done bouncing off this 6050-6150 range and were headed below 6000 again but something happened that I didn't foresee. An ocean swell from the southeast brought in a huge fresh batch of...
Happy Friday folks! It's looking like another exciting weekend of BTC market manipulation on the horizon. Hopefully you're as excited as I am. It's a great time to get ready to book heavy profits on long positions as the market bottoms out. Many things play a part in this scenario and I'd like to give credit to some of those factors that help out tremendously when...
Sorry guys it's been a few days since my last chart analysis of the market manipulation but, I'VE BEEN BUSY. My 48 hours peeps will get it. So right to it, I'm fresh off a K-Hole and my mind has never been more sharp. Obviously you already know that Tyler Winklevoss has an iguana that applied for an ETF and the decision has been delayed driving the market into the...
I'd like to start by saying that this is a tough market to crack people. Lots of determining factors play a part in it's direction. Some things are measurable, some aren't. Our best bet is to take the information we have available and apply it the best we can. You can start by observing my chart to look for key points that I think play a heavy role in the market's...
Just wanted to post an update chart given that BTC has started to move up. We all know that one of the winklevoss twins has a dog that's applied for an ETF for his exchange. While he hasn't been denied yet, it's highly unlikely this will manifest into anything other than hype. Set your stops tight, this pump will be short lived. The ETF his iguana applied for is...
The cryptocurrency markets, like all other markets, is specifically designed to make the top 1% richer. It's best to know what signs to look for so you can avoid the pitfalls used to remove the funds from suckers checking accounts by entities know as whales. Not unlike whales in the ocean, whales in market sole purpose is getting fatter at the expense of all the...