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TechDev

20 Oct, 3 tweets, 3 min read

1/3

$ETH is going to 13K min, and it’s probably hitting 20K. On the same path as #BTC 2017.

If it does 5x from here, what do you think the rest gonna do?

Prepare yourself for many of your targets being low.

The emotions will get out of control.

Safest way to exit #alts? 👇

2/3

At every local / cycle top since #alts existed, #BTC peaks first, then #alts explode as #BTC retraces to its .702 fib.

So, wait for a sharp #BTC fall and the bounce.

Draw the .702 from peak to bounce.

Look up Fibonacci Retracement Tool if needed👇

3/3

If alt cap makes a new high before #BTC gets to the .702, that was probably the top.

Alt cap will then likely peak as #BTC reaches the .702.

Not a bad place to exit.

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TechDev

@TechDev_52

17 Oct

I want a lengthened cycle. Who doesn't?

But nothing I've seen macro PA-wise suggests it will happen.

Watch your indicators.

2-week RSI channel, RVI 92-93.

If they're hit, I'm out.

Ignore them in hopes of a new paradigm and you're likely to get dumped on by those who don't.

So it’s clear, by “I’m out” at those indicator levels, I mean that:

1/2

- I will expect that we have seen the #BTC top and will exit #BTC
- Will watch for #BTC to retrace up to the .702 from the top over 2-4 weeks
- During this period I expect alts to go insanely parabolic