Perpetual Trading
@PerpTrading
I draw lines on charts. OG $LINK - 2018 Bear market enjoyooor
I want to be careful mixing too many TA patterns/lines, but in addition to all of the confirmations in the post below, $LINK is also sitting on the 23.6% fib line from the recent ~75% move. We're good. This price action is normal and expected for a bull market. Enjoy it.
$LINK confirmed the double bottom, confirmed the downtrend breakout, and pierced major resistance at $19.51. This week it reclaims the $20s.
11 days later, $APU +50%
What if the internet's favorite meme had a token, and what if you realized that token was primed for a 50%+ move? Oh look, it's the $APU chart. 3350 on deck.
Hope your bags are packed... $BCH is 4 days away from one of the biggest downtrend breakouts ever.
I'm not saying it's a good investment... but $BCH might be about to 10x
$LINK confirmed the double bottom, confirmed the downtrend breakout, and pierced major resistance at $19.51. This week it reclaims the $20s.
This is the week for new $BTC all time highes. Chart looks perfect.
Trade deals everywhere - $BTC
$BTC and $ETH shorts heading into the weekend after Galaxy completed the 80,000 $BTC liquidation.
Looks good send it - $ETH
Gut says $ETH makes a pass at $4,000 this weekend.
That's the line to cross. Break it and we take down $19.51 on the next attempt IMO - $LINK
Confirmation and continuation $BTC.D
$BTC.D dead cat bounce. Time to send this back to the 50's. Alts about to send again - $ETH
Pretty sure there is a major $LINK announcement coming in November so this makes sense.
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$BTC and $ETH shorts heading into the weekend after Galaxy completed the 80,000 $BTC liquidation.
$BTC is going to turbo send next week. Long your longs.
JUST IN: Galaxy Digital announced it executed one of the largest notional bitcoin transactions in history, selling over 80,000 bitcoin worth more than $9 billion 🤯
Get it boys - $ETH
The ether short covering finally started. Much more to go
The goal for this cycle is to make money with the specific purpose of buying spot $BTC immediately after the levered BTC treasury companies go under. In my mind that will be the last major dip (50%+) $BTC ever sees. Want a war chest available when the time comes.
$LINK trying to turn. Stay patient as the broader market tries to find a direction.
The next test of $17.11 might hit a little harder... need to hold for the weekly. $LINK