Beetcoin Profile picture
Jul 29, 2020 7 tweets 4 min read
#Ampleforth $AMPL : clue of S3 (distribution) ? We might have a top here (marketcap chart). Image
#Ampleforth $AMPL - see how that's efficient ? Even from the lower support, it's an instant -40% drop. S3 was in and now kicked a S4 stages (mark down). ImageImage
#Ampleforth $AMPL - This is what happen in a mark down (S4)
$AMPL - An error I see traders make is they'll earn a nice profit with [any $ALT] but will keep trading these stocks even after the charts have deteriorated.

Be open minded to the fact that your next big winner could come from a stock you've never heard of.

h/t @ChartingTrends Image
Just don't trade charts that have deteriorate and you won't stay poor.

Don't fuck with fundamental to explain price moves.

It's all about charts.

$ALT
Another S3 clue example:

In retrospect it was inevitable.

#stages Image
#SHITPERP $ALTS - With enough time given, now it looks like S4/S1 is about to clearly split. Image

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More from @Beetcoin

Apr 30, 2021
#DEFI $DEFIPERP - 3 months old consolidation about to end. Can be lit over it.

This is what I'm looking closely to dive into defi coins again (circled). Image
#DEFI $DEFIPERP - been suboptimal vs ETH for few months now. Looking for an outperformance, easily done if the scenario plays out. Image
#DEFI $DEFIPERP - Showed no love. That's why you TA Image
Read 5 tweets
Apr 9, 2021
Optimism is the best bet because the world tends to get better most of the time.

But pessimism holds a special place in our hearts. It sounds smarter. It's intellectually captivating and it's paid more attention than optimism, which is often viewed and being oblivious to risk.
From the excellent book by @morganhousel
Read 4 tweets
Nov 21, 2020
This is a money making machine if you're TA literate
This consolidated for 4 months, the impulsion out of it is very unlikely to last a day or two. But more like weeks.
$ALTS - Hello ATH. Image
Read 4 tweets
Jul 22, 2020
Want to yield (real unwrapped) Ethereum? Buy some and leverage long eth/btc with them on a exchange that pays you in ETH.
Timing is key here.

1st, is ETHUSD bullish? if, yes, you buy some. You put money at risk in ETH

2nd, comes the "yield" part. Over that you bet that ETH will overperform BTC. Why?

Look at ETH vs BTC and what's developing right now?

A bullish Volume Contraction (Price) Pattern ImageImage
Cases, you have $10K:

1/ You buy 40 ETH. No margin bet on ETHBTC, no "yield".

ETHUSD gains +50%, you're 50% richer

= $15K

2/ You buy 40 ETH + margin bet leverage x2 on ETHBTC.

ETHUSD gains +50% and ETHBTC +20%.

You have 40 * 2x20% = 56 ETH that gained +50% vs USD.

= $21K
Read 11 tweets
Jul 20, 2020
As now #DeFi is populated by retails, it's a trading heaven.

Here's a handy small textbook that will yield you more than farming.

#Stages #consimp #TA ImageImageImageImage
Image
Image
Read 23 tweets
Jun 3, 2020
#Ethereum versus #Bitcoin $ETHBTC - The pivot level has never been so narrow.

I'm HYPED. Image
#Ethereum versus #Bitcoin $ETHBTC - This is developing well. Image
#Ethereum versus #Bitcoin $ETHBTC -

Being 7/7 since 2012, that would potentially be the 3rd ALT/Crypto Bubble I'll witness.

First one was 2012-2013 (see tweet below for the 1st one). Image
Read 6 tweets

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