I'm ~$1200 from being liquidated. I won't be adding collateral
Whew, survived that liquidation threat for now, lol
SEC lawsuit against Coinbase today pumped the bitcoin price. SEC is becoming impotent just like Goldman Gary has been for decades
Is the crypto winter over?
- Thread starter schizo
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Whew, survived that liquidation threat for now, lol
SEC lawsuit against Coinbase today pumped the bitcoin price. SEC is becoming impotent just like Goldman Gary has been for decades
Be careful as imo volatility will ramp up the next 4-5 days, there's a large move coming very shortly and knowing trading, possible large dummy moves, it will slam one way, then slam back the other way, gold price is famous for doing those sort moves, so hold tight your hat.
Not saying that will happen, but it's on the cards so preparing you mentally.
It's these sharp dummy moves which rattle many traders.
Be careful as imo volatility will ramp up the next 4-5 days, there's a large move coming very shortly and knowing trading, possible large dummy moves, it will slam one way, then slam back the other way, gold price is famous for doing those sort moves, so hold tight your hat.
Not saying that will happen, but it's on the cards so preparing you mentally.
It's these sharp dummy moves which rattle many traders.
I don't know what's going to happen in the short term, so you could be right that I may still get liquidated
Tomorrow's Wednesday, the US Gov crash-the-bitcoin-price day
I'm ready to get liquidated, bring it on!
Sitting tight... no need to baton the hatches any time yet. Ship isn't going down (but I wish the market would panic again)...
I see some bears came out again from under the rock they were hiding and tried to start up their whole prophecy of 'this time it's different' again...
Hopefully they make some more noise and shake out a few of the remaining paper-hands. But that may be asking for too much...
I see some bears came out again from under the rock they were hiding and tried to start up their whole prophecy of 'this time it's different' again...
Hopefully they make some more noise and shake out a few of the remaining paper-hands. But that may be asking for too much...
Thank goodness for this bad news. I was hoping to take advantage of at least one more panic-sell, but Ethereum refuses to budge downward. Damn thing just keeps climbing up higher.
Looks like the markets already had both lawsuits priced in. Though, not so much for Binance. BNB token is selling off, though it's not a fire-sale just yet. That damn thing needs to die, but always hangs around like a pest.
The other thing interesting, is blue-chip cryptos have a vol less than Nasdaq tech stocks, even with the SEC games... I pretty much need to trade Nasdaq over spot-crypto just to get some premiums...
Oh... HOOD may get interesting. They are also trading non-registered securities... yet somehow Gensler is giving them a free pass; for reasons.
For now, CoinBase keeps being propped up because Cathy Wood keeps doubling down again.
Looks like the markets already had both lawsuits priced in. Though, not so much for Binance. BNB token is selling off, though it's not a fire-sale just yet. That damn thing needs to die, but always hangs around like a pest.
The other thing interesting, is blue-chip cryptos have a vol less than Nasdaq tech stocks, even with the SEC games... I pretty much need to trade Nasdaq over spot-crypto just to get some premiums...
Oh... HOOD may get interesting. They are also trading non-registered securities... yet somehow Gensler is giving them a free pass; for reasons.
For now, CoinBase keeps being propped up because Cathy Wood keeps doubling down again.
Well kinda. The "cup" is debatable depending on how you look at it. Anyway, like you said previously, buy the dip and sell the rip. That's the most sane strategy IMO.
Thanks! Yea, even on this move to the $27.4K yesterday was the top,, then $26.3k could be bottom, on the way move to $27.4k or .5k again
Inferences can be drawn from many sources when it comes to charts.
Eg moving averages, S/R, trend lines, double or triple tops, H&S, there is no end to how far we can cast our imagination or price action or T/A theory, we can make any line or series of lines or bar patterns meet our expectations.
So in summary to the above, we can use any coincidences to justify our bias or any type of thinking.
I mean for example using cup and handle theory, how long does the handle need to be?
When is a handle no longer a handle that it becomes the breakout?
Does the handle at some point in time predict a breakout?
Charting/trading is an inexact science, I'm using some other T/A shit to reach my conclusions, as we get closer to D Day, I have it 2-3 trading days away, prolly won't fall on weekend I doubt.
Sorry for the rant or apparent argument.