mitsandwits

mitsandwits Updated 

Yeah I was surprised too. I'm not saying you should ape into long at the weekly resistance but ADA looks good to me. Maybe at least you should set an alarm on this chart and be ready for crazy stuff.

mitsandwits Updated 

Here is a shitcoin with an interesting range. Preparing for something?

mitsandwits

Some mfers wanna put BTC in a coffin right here right now. The plan is to not make them rich. I've been imagining a case for Bitcoin to make a slightly lower high on the monthly this year until summer. Peak can be an ATH but the plan is to make it dump back to 40k in a short period and go sideways for another year. Before.. You know. I believe this is the peak...

mitsandwits Updated 

Good HTF setup on AVAX. It'll run at some point. Not sure about ATH. But 60s looks good enough for me.

mitsandwits Updated 

In my last idea about Bitcoin I've been talking about a thought experiment about BTC. Here is the picture of it. For some reason I'm starting to like my little thought experiment. This is how to fix this range. Punish the shorters. Challenge the longers. Make investors like reaccumulation-like range. Finish with an overthrow. So we will see.

mitsandwits

I'm gonna praise Gold time to time with this chart. Gold is the ultimate GIGACHAD The time window is narrowing to wake up about Gold. "Golden" age of humanity doesn't look so bright nowadays. "Golden" age of trading might be in trouble too. Make your money however you can by trading anything. Trade your time, trade your goods, trade your imaginary currencies...

mitsandwits Updated 

Most of the mistakes in trading comes from overcomplication. Here is a super simple ETH chart. It's all you need. Macro trend is up. It's above the macro support. We are trending above it. Don't ignore the most basic signs of strength in this chart. Because of a little deviation, because Barry selling because Vitalik lying or whatever. Most people don't...

mitsandwits Updated 

I'm still long in crypto. I'll be going all out very soon. I've recently shared some bullish ideas about SOL macro chart. But I've changed my mind. SOL will be one of the leaders of crypto's distribution phase. "We just need to cool off for the next rally" phase is pretty soon. Shorting SOL at 90s. Just sharing so you can counter trade me.

mitsandwits Updated 

Another follow-up idea for TRX. I won't stop being bullish on TRX :D Bought more TRX today.

mitsandwits Updated 

Good. They can push until you think he is not. I bet very few people have paid attention to this chart lately. Although it is one the best.

mitsandwits Updated 

This ugly uptrend will be followed by an ugly downtrend after a distribution phase. Those big guys who you think will buy Bitcoin in 2024 will sell it to you in 2024. No Bitcoin ATH. Yes euphoria. Yes altcoins. Before the final destruction.

mitsandwits Updated 

In my bearish thesis, coins have time until 2024 summer. There are some good altcoins that will go up only until then. And there are some like MATIC that shows what's about to happen. MATIC chart is really interesting. A chart like social experiment :D There is no way you can be macro bullish about this.

mitsandwits Updated 

A while ago, around 2k I said ETH will go to 2500 soon. It almost did. Then I said I closed my position and "I feel like I'm not missing a big opportunity here." I think now is the time to consider the bearish possibility. I bet your favorite youtuber is almost 100% sure ETH/BTC has bottomed. And you are frustrated ETH didn't move much in this bullish...

mitsandwits

I've shared many "hopium" charts for crypto bears, about bearish turnaround around the summer. Some time ago I've said Bitcoin short ETF chart is dead. It cannot always be dead :D So I say, regardless of the price, wait for the summer if you are a bear. Then you'll probably be fine shorting anything crypto related. Short corn, short outperformers, short miners......

mitsandwits Updated 

I believe in the coming years Gold will heavily outperform Bitcoin. You know those rainbow charts Bitcoin maxis are so proud of? What does it actually mean though? Doesn't it mean that Bitcoin is losing momentum over time? Ever wondered why? Bitcoin has many fundamental and technical problems. That's why.

mitsandwits Updated 

Have a look at classical redistribution schematic. You'll be amazed how similar this is. 2 possibilities. One last up thrust or it's over for BNB.

mitsandwits Updated 

My thoughts on ETH chart. This might be a good time try an ETH trade. Fundings were reset across the board. Boring consolidation after a trend that most of the retail wasn't really interested in. Maybe they will be interested above $2500.

mitsandwits Updated 

This is a follow-up idea to my previous TRX idea here: I'm not a big fan of pennants, flags etc. But when the macro chart supports the idea, when the environment fits they have a good chance of working out. So we will see.