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About the Author: CryptoMo

33 Comments

  1. This is looking < like it wants to push to 52-53k, but that’s ridiculously strong resistance right now. Doesn’t make sense to short right now at this level. Then again there doesn’t need to be a lot of shorts for price to go down. Most alt coins still well below their highs even though they are “pumping”. Seems more like an exit pump to me. Across the board you could argue 2-3 coins are actually showing strength, but that’s it. Once again, always look at the daily chart. That tiny green candle means absolutely nothing. Until you start taking out key levels with strength on high time frames, it’s still bearish. I would have liked to see continued strength today after a decent push yesterday but it hasn’t happened. A slow grind up is not how you attack resistance. It usually leads to break down. If you really wanna get technical, 54k is the key level on the daily that BTC needs to break and hold above. I’d rather wait for confirmation of that than try to get in 5% earlier. Mark my words. I will be trading the whole way up with ThomasChaung. I was able to make 31.5 BTC in just few weeks from implementing trades with guidance and signals. Merry Christmas everyone…

  2. < TA is all well and good but I find it truly baffling that all major crypto youtubers just look at pure TA and completely ignore the bigger narrative of why BTC pump/dump and why the future outlook might not be as rosy as it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. More emphasis should be put into day tradiing instead of HODLing, as it is less affected by the unpredictable nature of the market. I have made over 11 btc from day tradng with Caleb leon, insights and signals in less than 2 Months, this is one of the best medium to backup your assets incase it goes bearish…

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