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Luke Martin @VentureCoinist
, 3 tweets, 2 min read Read on Twitter
The $BTC buy was yesterday. Now that we're up this high I'm not interested in buying again until a dip to mid-range or close above the current resistance.

Move slow - market isn't going anywhere and there will always be another setup.
I look at two ways to play every move higher:

1/ Confirmed close above a resistance I'm watching (breakout)
2/ Waiting for pullback/retest to broken resistance turned support

Here's a clip from my daily stream explaining this play with both explained.
If you want to see the full stream: trycryptosync.com/subscriber-str…

Hopefully some Binance alts can start following the move that major alts made! My alts are still flat or down slightly.
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Building off my two threads about profit taking + positioning based on themes: $QKC is now all the way back down at original entry level from last trade.

One of the coins I'm buying back as money chases large caps.

There are plenty of setups like it...
$QKC take two illustrated.
$QKC take two update. Bounce at support +20%.

*there are tons of identical charts to this, don't chase the green candles
Read 5 tweets
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1/ A big part of trading alts is positioning for themes/cycles. Some examples:

- large cap vs mid vs small
- event driven > coinbase adds
- psychological > low sat coins or sector or exchange specific

In this thread I'll explain my approach to positioning for market cap themes.
2/ You have probably noticed that for the last 5 days large cap alts have been stealing most of the attention, volume and gains.

Coins like $XRP and $BCH doing the best. $ADA and others are close behind.

See here:
3/ Typically when alts start moving up it follows a pattern.

Large caps first > Mid caps > Small caps.

It could be due to money/liquidity flowing to easiest to access coins first. It could be due to risk tolerance increasing or search for more yield. Probably a combo of both.
Read 12 tweets
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1/ Alts have been moving higher for over a month now vs Bitcoin

The majority of charts shared on twitter are setups, entries, or patterns. Exits and selling after original update are rarely discussed outside of "boom this moved 'x' %"

Should you take profit, or hodl for 2x?
2/ The comments when I posted that alts have been going up for 30 days were mostly disbelief, yet it's verifiable.

You can use the altcoin index to see it, or look at 90% of alt charts.

3/ This has happened once before in the bear market: Second week of March to May there was a nice swing up. The pops on alts after that have been short lived, none longer than 2 weeks...until now.

*charting 1 coin here, but it is representative of majority of other alts*
Read 16 tweets

Related threads

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Barbara Streisand and Judy Garland 🎼🎶🎵🎙❤️

#Resistance Music Break

@BarbraStreisand
Last Thing On My Mind

As we walk on, my thoughts keep tumblin' Round & round, round & round Underneath our feet the subways rumblin' Underground, underground

The Carter Family at San Quentin

Mother Maybelle, Helen Carter, June Carter Cash, Anita Carter
Dolly Parton, Emmylou Harris & Linda Ronstadt close out tonight's #Resistance Music Break

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Dear Vlad: You sneaky little bastard. You ALMOST got away w/it all. But you didn’t factor in a free press. You miscalculated the appeal of authoritarianism & you underestimated the power of the #Resistance & MUELLER. Face it, your Idiot ain’t USEFUL anymore. The jig is up!
The sanctions aren’t going anywhere. Indeed, I’d brace for them to get a whole lot WORSE, if I were you. You messed with the WRONG people. Sure, 38% are still buying all the crap. But the majority is NOT! We see you, Dude. We see your criminal venality. And honestly, we are SO
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It's been asserted that the #Resistance and associated hashtags are a Kremlin social media operation. @ZellaQuixote and myself decided to try testing this statistically.
We performed a few statistical comparisons between the hashtags alleged to be Kremlin-related (#BlueWave2018, #FBR, #NotMyPresident, #Resist, #Resistance, #TheResistance) with the hashtags that were pushed by the Internet Research Agency per Mueller's February indictment.
First, are these hashtags being pushed by botnets? We tested for some traits associated with bots (24/7 operation, use of automation services, default profile pic). The hashtags from the indictment score higher across the board than the #Resistance ones.
Read 10 tweets
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why thanks again Cyrii, I'm beginning to blush ☺️here's an update / optimal next move. $BTC USD, 60min, I very much doubt we'll break our close support 6814 / may spring it though, before another push higher, pinkies crossed. #btc tradingview.com/x/qRqsYs0f/
$BTC USD, 60min, wow that's most disappointing. Can someone pls point out what the difference between these two charts are, and why the first chart with the comments contained with its tweet, received just 5 caring likes? #btc tradingview.com/x/ZMuEhFiA/
$BTC USD 60min, notes on chart. if you enjoy the rambles and wish to hear more, give it a like, otherwise, the family is sitting in the car ready to head off and I'll join them 😉 #btc tradingview.com/x/theH0zNY/
Read 12 tweets
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#BTC
Wyckoff update
Full detailed description of first and third laws of Wyckoff (supply & demand and effort vs. result)
#BTC
Wyckoff update
...wait...wyckOFF...bognanOFF...smth
Completed Wyckoff structure. Looks scary similar.
p.s. this model was designed almost a century ago, people didn't have calculators and were drawing charts by hand using pencil and ruler.
Read 12 tweets
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1/It’s time 2 turn our attention 2 Rex Tillerson (TRex) & the Dept/State, as part/my series/threads looking @ the executive depts from the perspective/firings, layoffs, buyouts, & early retirements-all Reductions In Force (RIFs),& how @POTUS is using them 2 reshape the Fedl govt.
2/TRex was confirmed as Secretary/State (SoS) by the Senate on 2/1/17, just a month after retiring early from being CEO/ExxonMobil, one of the largest corporations in the world with revenue near $400B & 80k employees in 200 countries.
3/Much has been made by the lib MSM/Tillerson negotiating w/Putin & other Russians while heading Exxon, but he also had good relations elsewhere in the world, including in the ME, esp w/Saudi Arabia, Qatar, & UAE. We can assume these made him an attractive candidate to @POTUS
Read 22 tweets

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#CHIP #Resistance #EarlyVoting #BeThereOrBeRedSquared #FreeTheChildren #PhilandoCastile #BrettKavanaugh #walkaway #BTC #crypto #Detroit #TeamMurdoch #ElectionDay #taekook #ActuallyAustistic #FeelTheBurn #KochBrothers #MAGA #resistance #KremlinAnnex #DigitalCivilWar #ImpeachTrump #Bitcoin #VoteBlueToSaveAmerica #HuntRepublicanCongressmen

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