Is the crypto winter over?

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

  1. johnarb

    johnarb

    Those are good targets but not for intraday moves?

    I'm going to switch to a swing trade cut my position in half start holding overnight, would still be in a long position right now
     
    #81     Jan 16, 2023
  2. #82     Jan 16, 2023
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  3. schizo

    schizo

    Man, I've already given enough intraday forecasts. Can't do this for free forever. :sneaky:
     
    #83     Jan 16, 2023
    Darc likes this.
  4. I refuse to trade crypto derivatives anymore after the realization of how manipulated it is. No way to predict the black swans in the current environment (too many unethical institutions got involved), so good luck for now guys. I'm sticking to my old plan, going LONG on equities.

    That said, I decided to buy a couple blocks of shares for Bitcoin Well (and some more reit units). Particularly since they now have a license to expand in the US. The funny thing is, there is a huge buywall I am part of separated by a huge sellwall split 5-cents apart. No major party seems to want to cross that barrier yet today... So here I sit and wait for my fills that may never happen. lol
     
    #84     Jan 16, 2023
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  5. johnarb

    johnarb

    lol, ok, cool, I like those target numbers on the upside, not so much the downside, but I'm biased
     
    #85     Jan 16, 2023
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  6. schizo

    schizo

    Keep an eye out for 21500. That will serve as a ceiling for now. I'm pretty sure it won't get breached before tomorrow's equity session, if at all. We will likely bounce around between 20800 and 21400 in locksteps. Tomorrow might be a whole different story though.
     
    #86     Jan 16, 2023
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  7. johnarb

    johnarb

    Good numbers on the intraday actually was looking to enter 20,800 for an intraday position if it hits

    I have my swing trade position, already
     
    #87     Jan 16, 2023
    semperfrosty likes this.
  8. schizo

    schizo

    It's currently looking weak. If we break below 21050, I expect a pullback down to 20800.

    upload_2023-1-16_15-59-45.png
     
    #88     Jan 16, 2023
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  9. johnarb

    johnarb

    It could and I won't take an intraday-position because it's already late in the day (US time), so I'll just hold my swing-trade position which is currently at a loss, but manageable

    Tomorrow during US equities market hours I may put an intraday-position
     
    #89     Jan 16, 2023
  10. schizo

    schizo

    Came pretty damn close. They must be reading my posts. :) Anyway, we might get another shot. But that long tail seems a bit worrisome. If we cross back above 21100, ya better run for the hills.

    upload_2023-1-16_18-16-52.png
     
    #90     Jan 16, 2023
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