Cryptocurrency market trends I

[Apollo]

yoo these new emojis LOL

Nah, it is more fun. Usually we only use like or laughing only. Now you got a bit more nuance.

 

[Apollo]

 

[IbnuAli]

You was right. Been a bounce back of the sorts on some of the key alts. I'm still on the sidelines until I see if its a proper trend change tho.

possible bulltrap, the day traders who bought the dip yesterday are already up 20+ percent, they'll sell again. The hodlers are stuck lool

 

[Sheikh Google]

Try this on tradingview:

INDEX:BTCUSD , using log setting , pick the extended line option (under the cross - top left hand corner), slap it on the 13 March '20 low and the 8 Oct '20 low. Then it looks suspiciously like yesterday was the bottom retest.

So you think the bottom will be retested again?

 

[Apollo]

Should be an interesting episode (these two guys have all the market info):

 

[Aurelian]

 

[Apollo]

Lowest BTC will go is 34K if 30-31 was the real low.

If it closes under 32.8K on the 4 hour chart then we all gonna get rekt, then possibly under 30 is in play (28 most likely, 26 worst case scenario).

 

[kickz]

Its hilarious how anytime BTC sneezes, alt coins basically die.

Good thing is they recover twice as quick.

 

[Apollo]

@kickz

So we got the wyckoff distribution, what about wyckoff accumulation?

 

[kickz]

@kickz

So we got the wyckoff distribution, what about wyckoff accumulation?

Definitely possible Crab market for a month or so, depends on if we get a V recovery bounce in this week or so.

 

[kickz]

 

[Apollo]

You will notice that guy's psychology here as @cawaale will lose interest in crypto the next few months and we will see him back in November/December buying the top.

Kkkkkk.

 

[IbnuAli]

The folks who bought the dip are sitting in really good profits, the hodlers are in their mercy now. If 38-40k ends up being a double top, I don't think the hodlers will be able to endure another 20-30% single day drop which can make them capitulate at 31k

 

[Apollo]

The folks who bought the dip are sitting in really good profits, the hodlers are in their mercy now. If 38-40k ends up being a double top, I don't think the hodlers will be able to endure another 20-30% single day drop which can make them capitulate at 31k

Study the Wyckoff system:

65% chance we are in a Wyckoff Accumulation period.

Spring test might go as low as 26-28K and you will be gloating, but that will be the bottom, lmao.

 

[IbnuAli]

Study the Wyckoff system:

65% chance we are in a Wyckoff Accumulation period.

Spring test might go as low as 26-28K and you will be gloating, but that will be the bottom, lmao.

I have no horse in this race akhi, no reason for me to gloat about about ppl losing 90+% of their money, on the contrary I'm trying to help them come back to reality and realize 99% of these coins are scams , I'm just looking at the overall picture, but if ur a swing trader u can easily make money on these volatile movements.

 

[Apollo]

He tweets something positive and BTC goes up by 5% in minutes.

Apes.

 

[kickz]

He tweets something positive and BTC goes up by 5% in minutes.

Apes.

Too much power over crypto, basically clowning decentralized narrative

 

[Apollo]

Capitalism for the win:

Tether fudsters are increasing USDC (Circle's/Coinbase's stablecoin market share). This will force Tether to become more transparent.

I think USDC will have a bigger market cap than Tether by Q4.

 

[TekNiKo]

My dogecoin has increased today thank you Elon!

 

[Apollo]

My dogecoin has increased today thank you Elon!

Sell all your Dogecoin and buy Truebit on MXC. You won't regret it in 5 years. Doge is a scam coin that won't do well in a brutal bear market.