Who else was looking at $etc before it broke 2017 ATHs?

Give me a retweet and a follow if you'd be so kind, so I can share my charts and thoughts with more people :)

#etc #altseason #btc #trading
@Zen_Trades1 see this?
Could I get a leg up here for serving timely macro alpha?
x
And @Tradermayne? Worthy of a signal boost?

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More from @saladpingers

10 May
Exponential Growth: a short thread with pictures
1/n

Physicist Albert Allen Bartlett said, referring to overpopulation, "The greatest shortcoming of the human race is our inability to understand the exponential function."

It's also the shortcoming of a #crypto trader atm.
2/n
So we all saw $ETC's face melting run recently. Look at this disgusting chart. Obviously #cryptocurrencies are all scams, and nothing means anything anymore right?
#ETC #ETCUSD Image
3/n
But have a look at it on Log scale. Log is an exponential scale (same distance between 1 and 10 as it is between 10 and 100).

If crypto follows an adoption cycle, follows Metcalfe's law, then we should expect exponential growth.

This chart looks normal, right? Image
Read 10 tweets
9 May
1/n
I reckon we've got a few months left of this cycle. I believe it's going to top out around September. Based on Stock to Flow. Whether Stock to Flow is correct or not, it is a meme, so will be manifested by traders who are setting bids/asks based on it, etc.
2/n
I think in the nearterm, a rising tide can lift all boats. BTC can keep rising. That means hodlers and good traders have profits to deploy to alts. It also means more and more normies enter and go, "Oh BTC is way too expensive now. What's cheap?". That can drive alts up too.
3/n
I also think alts can have big drawbacks and the setups would still be in tact/healthy. ETC was vertical. I don't know if the others will be. Here's LTC making its way up. It's messy, but see the red highlighter over those retracements? The alts could do this while BTC flies. Image
Read 6 tweets
7 May
That was close 😯 Image
What would you do?

#doge Image
The answer was #hodl #doge Image
Read 4 tweets

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