Battle Scarred

A simple update today for followers. I intend to do these at least once or twice a fortnight. That said, today's post is uneventful. I am continuing to hold what we have. No sells, coin additions or coin swap outs at the time of this post. Thanks.

Extraordinary 2 day rise in BTC price. A couple of things I’m considering. I went to great lengths to hit up on buy in and sell signals according to set time frame. I can tell you it has been successful for the last 27 trades when backtested. Last non profit trade was in June 2020 where it sold and bought in about 1% higher. Apart from that massive profits and accumulation on all other trades. That tells me to stick with the plan.

G'day all. As you may have noticed we are all in stables now. I know I keep banging on about using higher time frames to buy and sell. Here is the deal. We are just now entering our first full cycle having sold before the dip yesterday. The only reason profit capture wasn't greater for JAN-FEB is because of the implementation of indicators half way through and a late buy in as a result. However going forward I have full confidence because indicators are back tested for 5 years. So buy-profit, sell- accumulate more of tokens at bottom. Any questions hit me up in comments. Thanks.

Looking at both 1 day and 3 day chart BTC looks like it’s doing just another corrective wave like between 9th and 13th FEB. No need to panic unless higher low pattern is broken. Next week marks obviously end of week but also the end of the month the next day. Expect volatility not for the faint hearted. For now I’m opting for a rebalancing strategy. There is a CME gap between 20400-19995 and it isn’t out of the question for a raid to close that before continuation. Stochastic on month is something to use as an anchor rn. It’s showing positive signs for last two months of a trend upward. Nevertheless the month price is hovering around the open price on 1st FEB at the time of this post so we wait to see if there is a continuation with strength after Tuesday. Everything follows BTC so I don’t comment on other assets

A quick thanks to my new followers. I appreciate the difficulty trusting an anon from another platform but I intend to prove myself over time. As more time passes it builds a stronger case that the the 2 month period between early Nov and early Jan was the bottom. Since that 2 month period of 15.4-16.2 Bitcoin is up 50%. Some famous bears on twitter still on the sidelines. That’s their prerogative. If 25k is the top then 50% in BTC and much more in some other alts was missed through whatever hesitancy drives them. If 25k isn’t the top I can tell you there is little resistance between 25-26k and virtually nothing till 30k. Stay tuned and thanks again. Will go for verification asap but I imagine it’s not an easy process.