Is the crypto winter over?

Discussion in 'Crypto Assets' started by schizo, Jan 13, 2023.

  1. I must admit,I'd be looking for a bounce right there.Going off the chart.

    Seems like a support area.

    I probably need to trust the break of these lines more.
     
    #221     Jan 22, 2023
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  2. schizo

    schizo

    Yeah that's miniature version of H&S within the larger (yet deformed looking :)) H&S that I've pointed out earlier.
     
    #222     Jan 22, 2023
    johnarb likes this.
  3. schizo

    schizo

    It could very well be. I'm feeling pretty neutral at this point.
     
    #223     Jan 22, 2023
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  4. johnarb

    johnarb

    Closed half of the position @ $22,650 (5 btc perp futures)

    My chart flipped bullish, but cutting risks

    upload_2023-1-22_14-53-47.png
     
    #224     Jan 22, 2023
    semperfrosty and schizo like this.
  5. schizo

    schizo

    Just added another batch of short, bringing the avg cost to 22,520. Stop and TP are found on the chart.

    Still experimenting, but this will surely cost me at least 1 arm.

    upload_2023-1-22_15-57-55.png
     
    #225     Jan 22, 2023
    johnarb likes this.
  6. johnarb

    johnarb

    Had an order to close the last 5 btc perp futures @ $22,800 but only got filled on half, will dump the rest here @ $22,735 (filled)

    Looks like loss was around 350 USDT, I'll take it, at one point the loss was over 4,000 USDT m2m

    Just proves once again that a horrible risk management (of m2m losses) can be solved by luck. Definitely nfa

    upload_2023-1-22_16-42-40.png

    upload_2023-1-22_16-50-21.png
     
    #226     Jan 22, 2023
  7. Short to 22520 then long?
     
    #227     Jan 22, 2023
    johnarb likes this.
  8. schizo

    schizo

    Yup, it's a real dilemma. I'll tell you once we get there. :)
    I'm actually bullish on BTC, except that I feel there will be a pullback before we shoot higher.
     
    #228     Jan 22, 2023
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  9. johnarb

    johnarb

    Long 5 btc perp futures @ $22,888 (total of 10, long 5 from last night)

    Some bad news on DCG this morning related to GBTC and fraud, I believe that crazy candle was because of it

    Traders be careful. I'll probably just close the whole position when my chart stops being bullish

    upload_2023-1-23_7-59-17.png
     
    #229     Jan 23, 2023
  10. Moody’s downgraded Coinbase’s corporate family rating to B2 from Ba3, while notes fell to B1 from Ba2.

    That's kinda... pretty bad. Considering they were already in non-investment grade territory to begin with.
     
    #230     Jan 23, 2023