ALTcoins - sh*&coin cycles - the casino that never closes
Updated
ALTcoins - sh*&coin cycles - the casino that never closes
ZOOM into this puppy to see the short term action better
Its been awhile since i looked at altcoins. we are experiencing a macro pivot here imo.
I have been loading up for months now. Will rotate out of the BTC bag after we hit the zone I am looking for on btc dom chart (see attached), into whatever alts in my port have done the best on this pre run we are getting now.
Altcoins have been VERY cyclical. I mean look at those repeating momentum cycles, its clear asf. You have to be blind not to see it. You can thank the whale algos for that. Altcoins, and crypto in general is just a huge casino, these guys just milk retail over and over.
Trick is you gotta learn to see what they are doing not what their bots or paid shills are telling you on twitter.
Ride the dragon then jump of that mofo before it evaporates.
I've been through several of these now and am only just learning the ways. Yes I am an idiot, I should be filthy rich by now, but the big picture is becoming clear to me..
Big question here is ; do we get some big black swan event, looking like late Nov, like last cycle, or just a healthy correction on the way up into the stratosphere??
"Show Me The Charts and I'll Tell You the News"
ZOOM into this puppy to see the short term action better
Its been awhile since i looked at altcoins. we are experiencing a macro pivot here imo.
I have been loading up for months now. Will rotate out of the BTC bag after we hit the zone I am looking for on btc dom chart (see attached), into whatever alts in my port have done the best on this pre run we are getting now.
Altcoins have been VERY cyclical. I mean look at those repeating momentum cycles, its clear asf. You have to be blind not to see it. You can thank the whale algos for that. Altcoins, and crypto in general is just a huge casino, these guys just milk retail over and over.
Trick is you gotta learn to see what they are doing not what their bots or paid shills are telling you on twitter.
Ride the dragon then jump of that mofo before it evaporates.
I've been through several of these now and am only just learning the ways. Yes I am an idiot, I should be filthy rich by now, but the big picture is becoming clear to me..
Big question here is ; do we get some big black swan event, looking like late Nov, like last cycle, or just a healthy correction on the way up into the stratosphere??
"Show Me The Charts and I'll Tell You the News"
Note
one other thing i forgot to note; IMPULSIVITY IS DIMINISHINGprob because overall capital has expanded so much its harder for them to force move tokens, that and the leveraged side of the market has matured so much more.
Note
damn we reached that first level fast.. warrant some caution here. ive pulled out of one of my big runners. trying ot catch some quick laggers here. think we peak up here 718. that maybe my bias talking.Note
well looking very yellow fractal, kinda exhausted about to dump ... shaving off a bit of the profits here.Note
this is a very important horizontal price point. sideways/correct with some alts doing pumps others cooling off that have been on a big run lately. then next leg up.Note
entering the correction stage here.. markets have indeed seemed to hit the brakes last few weeks. this could play out for awhile.Note
notice the angle on this pump has been more aggressive than the last two. so corrections maybe short and minimal..Note
wow yeh even more bullish this time. lfgNote
prob get a pull back around here
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