Oh maybe I should predict the long term trend looking at daily & 4HR chart?
Daily
4HR
According to this 30 minutes chart, the price did not go up because of the shorts closing, it was real buying. Wow this is huge I am very excited. Something big is happening. The revolution has started. Bagholders, rejoice, the hardship is behind you. You survived the bear market and now will be rewarded immensly.
Amidoingthisrite?
Oh ye but seriously, buying selling waves and all that stuff
I am not saying where the top will be, don't know, don't care. I got better things to do.
Note
Man back in the days bull markets used to start like this:
And then go like this:
Now bull markets go like this: Damn, hope no one was at sleep when this happened.
And zoomed out:
Note
"Do not short Ripple at the bottom"
Who would want to be up 30% in 1 hour right?
Crypto is unbelievably easy and predictable:
If it was not sideways 99% of the time I would trade it all the time.
Maybe I should put an alert on volatility so I do something when it actually moves?
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