BTC & select alts made higher low's on daily. Abstaining from shorts for next push to see if 14EMA flips successfully next time. Don't want to be caught with my hand in the cookie jar when another rejection = keep being bear and reversion = flip sides.
Scaled things down to quarters. Lookback was way too excessive. Caring more about recency bias in terms of where liquidity should lie. So far its highly complimentary and I intend to use it for confluence w/ limit orders.
P2P Trading is how this all began and how it ends up being the richest experience Intermediaries have their time, collect their fees, and then eventually get squeezed out Spreadsheets, OTC, and eventually Defi will heal all Bitcoin's wounds
Thinking that Ordinals and Runes are dead because of a singular (and unsupportive) platform shutting down is like saying Altcoins are forever dead because BTC-E is gone Cryptsy is gone Bittrex is gone Cryptopia is gone And the list goes on infinity
In case you missed it MagicEden is going all-in on GambleFi You know, one of the worst sector underperformances this cycle And pre-eventual balls deep regulation that anyone can see coming from a mile away Good luck assholes
Closed all shorts for now. HYPE being tricky ~ low $27 and expecting some fuckery into end of market session/near daily close. As with all leverage trades its preferential to take the money and run and not let trades age too long.
Missed 1st push because, well, didn't have shorts there Missed 2nd push because i was expecting further Got 3rd push because apparently enough shorts were resting there Until HYPE bottoms it is basically my leverage plaything
Now that we've outed Jane Street as the culprit for manipulating downward Who are we to blame for manipulating the market upward? Anyone? Wait, we don't care about that, nevermind
Daily short term trend flips are the nascent trend followers nightmare They can and should be sizing to withstand a dump that goes against their market buy on a new daily candle However, best thing to do is wait for a multi-day confirmation Which will likely come after they've