#gold trading one of the largest long term cup and handles I’ve seen in my trading career
Poking through the right side of the trend line on the 3M chart and setting for a huge move.
Bodes well for #bitcoin with the two holding there own.
“The power of #Bitcoin is not its price (though believe me, I would have loved to have bought some back in 2011). The power of Bitcoin is the freedom to transact in a convoluted world, its programmatic money supply and its democratized form for adoption with relatively low barriers to entry”
#bitcoin continues to hold the low of the cap bar day on declining volume.
I want to see the price push through the top of the capped bar within 7-10 days
“I save my money in bitcoin to remain outside that sphere of influence. The price I pay is fiat volatility, but in my opinion, it’s well worth the cost.”
A fantastic conversation on the Canadian freedom convoy. For those of us in the west that thought the principles of bitcoin were only for developing countries this is a wake up call.
#freedom #bitcoin
https://spotify.link/dGpPeYqrbyb
#bitcoin
Yesterdays bar capping price. I like to see the high of this bar taken out in no more than 7-10 bars.
Huge change in character here in bitcoin and for the first time in a few years uncorrelated return
#bitcoin
The ‘shake n bake’ or slingshot is one of the most powerful set ups in the book. 3 days from the technical buy now so expect some consolidation here.
Bitcoin holding to the right side of that trend line well for a major move
For those in the west #bitcoins fundamental tenants have only been necessary for the developing world. That changed this week and I feel like we will look back on this as a pivotal point in #bitcoins adoption journey
If overtrading in a bear market is a problem, do less screening. At the moment I screen for new names once per week. It’s helps me stay tight and focussed while preserving mental energy.
There are so few setups on the #asx at the moment I’m getting through my routine in 15mins
Let the market dictate your exposure. I want the least time in the market possible for the most return.
#trading
A bear market will really show you the real reason why you are in this game.
Many are in it for the thrill or action.
If you really want to succeed you will have to put a mirror up to yourself and look deep within. Not too many pursuits in this life that require that level of focus and introspection #trading