I think the whole BTC is not really interesting. I prefer Forex, stocks, metals and even Binary options! I will be happy if you can change my mind!
Thanks Semper!!! Yea, it's been a crazy crypto meme season! There are others, but Pepe has been the top meme coin It seems a little too fast, though... Feels like a parabolic top at the moment. Pepe is only 3 weeks old! Doge and Shiba Inu took many months to get to this level and it was during a raging bull market which we are not currently in Pepe just hit another all time high just now... Jesus Christ!
If you're concerned about that my suggestion is only exit on a red bar day but it needs to be a high volume red bar day. So far Pepe is still a buy.
It's meme season.. NFA For context, this is Mong Meme coins have high trading volume AMM's (automated market maker) LP (Liquidity Pool) providers like me are able to yield farm and share in the trading fees on a dex, i.e. Uniswap
My algo, bitcoin (crypto market general) remains a long term buy, the short term sell has now gone but that doesn't translate to a short term buy, it just means continue to hold on a long term basis . When price gets to ~30,000 that's a buy signal. Buy signal Nasdaq today.
What I've noticed is that BTC doesn't really respect the traditional levels,I guess mainly due to volatility. It tends to bounce very nicely off the rounder numbers though-30,000,20,000,just recently 28500 as opposed to 28600.
As you might know, I'm totally agnostic about direction. Up or down, it doesn't really matter. But it's really hard when this thing is all over the damn place. Ggrrr Anyway, it should not have fallen down to 28,600 in the first place. That alone tells me BTC is still weak and prone to reversing back down.