mitsandwits

mitsandwits Updated 

I've been mocking with the idea of this being Bitcoin's distribution range in the last 2 weeks. Luckily Bitcoin rallied since then. I was actually describing how to create a real macro distribution range. Now this is a more educated guess on how the chart might look like in a few months. But remember, you change your bias and trade accordingly *after* you see...

mitsandwits Updated 

I'm not shorting it but I see too much eyes on LINK. Would be a shame if a big speculator is distributing it to you.

mitsandwits Updated 

As you can see the bottom is very strong on Bitcoin log chart. Estimating negative 1 USD before 2040 because it will be illegal to hold Bitcoin and governments will simply hunt down cultists systematically no matter how corrupt they are. It takes time because they are really corrupt. The nature works really slow but it works. The nature fixes it.

mitsandwits Updated 

It's a lie. It's a short haven. Be a man and short it.

mitsandwits Updated 

Everything is so good except Bitcoin haha. Just discovered this one. Textbook accumulation pattern. I'm expecting it to hold the newly broken level.

mitsandwits

What do you think happens when ETHBTC breaks the downtrend? Just a joke? I doubt it.

mitsandwits Updated 

Yeah I'm still horny about TRX. Gimme 0.15 quick. Then we'll talk.

mitsandwits Updated 

This last move smells like trap. This could be it or it might take another attempt. I think distribution idea is still strong. My idea was 45s then upthrust then it's over. Meanwhile bullish on alts. We'll see.

mitsandwits

I've been bull posting about ETH for some time. But those were for short-term really. Here is what I dream for long-term ETH. 1. First sell-off after 3700 2. Upthrust to ATH's 3. 2 years of disgusting bear market but not below $900 4. 12K programmed Thank you.

mitsandwits Updated 

How about a coin with some actual use case? Nah? Yeah I thought so. Dog coins are better.

mitsandwits Updated 

Test done. Long it to the upper band of the channel.

mitsandwits

Another one that looks hot. Common accumulation pattern. Add to watchlist, degens.

mitsandwits Updated 

Here is one last update for TRX chart. I relentlessly advocated TRX bullishness in the last few weeks. TRX makes a real stand in the middle of fear and doubt. Have a look at this chart. What do you think is going on here?

mitsandwits

Humans are innate storytellers. We revel in interpreting events as narratives, and entertaining outcomes seamlessly fit into these mental stories. In a world teeming with information, our minds selectively zero in on what's intriguing or dramatic. Entertaining outcomes inherently command our attention, influencing the prism through which we assess the likelihood...

mitsandwits Updated 

I have 2 bullish scenarios about DOGE macro chart. Both tells me there might be some real action around the summer. One is just straight Elliot theory. Other is a little trickier for Elliot guys. Correct me if I'm wrong. I'm not an Elliot expert or anything. Wouldn't it be funny if this is how all crypto rallies end? Humans make the same mistake again and again, no?

mitsandwits Updated 

Here I'll leave a meme chart for DOGE. It's all about memes. Bitcoin itself is a meme, no? When Elon said DOGE is better than Bitcoin, he meant it. And he is right! At the end of the day, it's about how strong your marketing power is. Elon has some for sure. Add some utility on top of that. The Moon.

mitsandwits Updated 

I'm sick of seeing 30k retest theory everywhere. Endless cycle theories and everything... You know what we don't have? A huge mass of people who wants to buy now. People who wanna hold their long no matter what. So to bring some balance I say: Buy now, sell around 58k-62k.

mitsandwits Updated 

If you are following me you know that I had a bearish anxiety attack last week about ETH. I turned back bullish pretty quickly. Right now Bitcoin is injecting some fear to the market while ETH shows strength on BTC pair. This reminds me the old days. I don't think BTC macro top is in although it might go as low as 39k which would be nothing to hurt ETH. I...