el_Chado

el_Chado Updated 

feels like its going to enter the last support/ resistance block of the last bull market a break below 2.9k/3k is probably a death sentence i tweeted on Oct 31 that bitcoin being stable + the combination of weakness in high caps was causing me to sell off almost everything (particularly after that nice little mini alt pump season thingy on tradeogre) i'll be...

el_Chado Updated 

lot of similarities, including the upward angle of up trends declining (flattening) as we get deeper into fractal... not saying fractals play out, and im not trading off of this right now but if so, and this happens grind to 3.5k for a while good luck out there boi and grrrrl scouts

el_Chado Updated 

well lads, we've booked a *slighlty* HL (Higher Low)... but that might not mean shit tbh until we break up out of my bottom support/ resistance block (or lower), we won't know BTC's cardinal direction for sure given that the current trend is downwards, and with no confirmation of reversal, i'm staying bearish u can argue with me about this on twitter at...

el_Chado Updated 

the longer BTC stays in this low volume channel, the more and more I am willing to acknowledge we may have found the bottom we've broken out of the meme triangles, time-wise, neither up nor down, on linear scale if this was a shiotcoin chart, i'd be buying any move below 5.8k becomes even more disastrous, however, and the 6k region is going to be turned into a...

el_Chado Updated 

First test of 10d/20d Moving average cross strategy Maybe jumping the gun a little here, but the 10d has pointed up, looks to converge with 20d MA, and MACD shows momentum this a paper trade only, but i wanted to livetest this strategy on a non-crypto asset to see what sort of validity it has in a multi-asset portfolio let's see how it goes $_$

el_Chado Updated 

bought at 53 satoshis a few weeks back... get a load of that 10d-20d MA cross strategy OCN probably still has legs this has been a beautiful trade thus far

el_Chado

if u had bought the MA10-MA20 cross on xrp a week ago you'd be up 2x rn this indicator combo is starting to feel like a cheat code tbh argue with me about it on twitter @chad_alt

el_Chado

looks good here too added MACD, seems to lag a bit less as an indicator but, if u had played the MA cross strategy last winter, you would have gotten in at around 60 sats, out at 362 sats it really doesn't get much better than that will continue to poast back-tests interesting to note that the MAs look ready to bullish cross again Chad's been in since...

el_Chado Updated 

" I felt a great disturbance in the Force, as if millions of bagholders suddenly cried out in anguish, and were suddenly silenced ." how much pain and suffering would u have avoided if u had just traded this 10 day/ 20 day moving average strategy...? u wouldn't have caught any bottoms, but u wouldn't have bagheld through any 70% drops either in fact, if u...

el_Chado Updated 

if these blocks i drew on my chart 2 months ago still hold, and this pattern isn't invalidated, 7500 seems like a natural place to me to expect this rally to peter out 1D Stoch way overbought im not going short until/ if i see a reversal just curious to see if gains start getting distributed in that zone flat for now

el_Chado Updated 

#feelsbadman

el_Chado Updated 

IDK if this means anything, but check out the time growing time gap between lower highs... in my mind, this is yet another indicator of this downtrend i'll be interested to see what BTC does in the next 30 days, and see if we book a new higher low *if this pattern were to hold*, you could expect to see a high of about 7.3k late November ill keep updating this...

el_Chado Updated 

i'm not convinced this isn't what happens posting it here to see how it plays out over time considering the amount of hate this got on twitter, RIP in pieces the comments (yes, I know the dates are off, just think it helps to see the pattern better) <3 Chad

el_Chado

what have we learned about Stochastic RSI resets in 2018 boys n girls????

el_Chado Updated 

*this is an update to the bear chart that served me so well this past 7 months In macro, bulls need a relief rally. This is it. We may have legs to get to 9k here, but I do not see us breaking out of the resistance box above us that rejected the last rally in May. Why? Stoch RSI is getting into overbought territory. Still has room to run, but we're already 50%...

el_Chado

we've all had those trades we've where we wanted to see something in the chart, and our favorite indicator said go for it, so we went long (or short, as may be), but our favorite indicator betrayed us and the trade goes badly. Why is that? In my experience, the best trades are based on a confluence of indicators, i.e. a number of indicators and oscillators are...

el_Chado Updated 

As you know, I'm not as bullish as some on BTC mid-term. My thought is, we will eventually overcome these resistances and turn them into supports, BUT the price to beat on volume is 11.5k USD I see a bull trap forming as bulls lose strength breaking each resistance (note declining volume on the uptrend, Stoch RSI overbought) In macro, I see BTC moving up in a...

el_Chado Updated 

the "pretty, pretty, pretty good" is meant to be read aloud in Larry David's voice if you don't get the reference, probably don't buy the NAV If you do, you should as always, use a stop-loss into BTC when dancing with alts pls goodnight thnx (actual TA part of the regularlt scheduled programming) I entered at 0.00012, will be moving my stop up to around 1300...