DrStool Posted December 8, 2023 Author Report Posted December 8, 2023 Just because a move looks extended on an hourly basis, it doesn't mean that it's extended on longer bases. Hourly: 2 hour bars: If this thing breaks out, it could go a lo-o-o-o-o-o-o-ong way. But if it breaks down the extended negative divergence would portend deep shit ahead.
fxfox Posted December 8, 2023 Report Posted December 8, 2023 With the christmas gift of mama Yellen in mind the odds aee in favour of a breakout to the upside, no?
DrStool Posted December 8, 2023 Author Report Posted December 8, 2023 2 hours ago, fxfox said: With the christmas gift of mama Yellen in mind the odds aee in favour of a breakout to the upside, no? It won't hurt. That's for sure.
fxfox Posted December 9, 2023 Report Posted December 9, 2023 Bitcoin trades very technically, behaves nicely to sup and res and MA‘s. Although I hate it, I would trade it. But only if an ETF would be introduced, never ever would I trade an ETC, too much counterparty risk.
DrStool Posted December 10, 2023 Author Report Posted December 10, 2023 On 12/9/2023 at 7:37 PM, fxfox said: Bitcoin trades very technically, behaves nicely to sup and res and MA‘s. Although I hate it, I would trade it. But only if an ETF would be introduced, never ever would I trade an ETC, too much counterparty risk. Can't you just buy and sell the old fashioned way, with a Bitcoin wallet?
fxfox Posted December 10, 2023 Report Posted December 10, 2023 20 minutes ago, DrStool said: Can't you just buy and sell the old fashioned way, with a Bitcoin wallet? Could be, but that‘s voodoo stuff in my view 😂
DrStool Posted December 10, 2023 Author Report Posted December 10, 2023 The whole BTC concept was based on anonymity. The entry of Wall Street and other schlock operators changed that. They smelled blood in the water.
fxfox Posted December 10, 2023 Report Posted December 10, 2023 1 hour ago, DrStool said: The whole BTC concept was based on anonymity. The entry of Wall Street and other schlock operators changed that. They smelled blood in the water. Guess MS 13 trades Bitcoin too 😂
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