It's been a while since I've checked Litecoin, but the model was long since a few days ago....
If you had gone long on ICX-ETH, now is about the time you would want to set a stop loss to lock in profits. That big blue candle could signal a continued run though.
There's the 20% reversal trigger on ICX. Higher prices are still possible, but there will be a big sell wall at that point. Gotta break through it to catch up with ALGO
That's the Blue bar we were waiting for on Algo.|
It took a while to get enough volume to get some proper triggers to sequence on the 1-minute, but ICX has been shaping up very nicely. The SHTF3 or "Short/sell the F***ing Top" is one of the last resorts to dollar cost averaging shorts or sell orders before a big dip.
It could always keep going based on solid fundamentals and supply vs price. That's why it's always a good idea to use 5-10% on every order.
This is kind of creepy because I raised the lowest offset by .00X% That is where you want to initially allocate 20-30% of equity on limit orders and then start setting tiered orders from the bottom up until the model says otherwise.
Good morning everyone! Nice pump on Bitcoin while alts sit on the sidelines. I'm still familiarizing myself with perpetual futures, but this is where you could theoretically use a small amount of USDT to leverage a short position to protect against potential fiat value losses on your spot. Then use profits to buy more spot if it does go down.
Huge pump on SHIB after Coinbase announcement....
Who would have known...
Alexander So lame.
The data was excellent though.
I don't usually do 10-minute time frames, but that's what the Boomers use for the Dow Jones. By adding 3 zeros to our initial equity (10,000 > 10,000,000) we are able to activate Poptriggers on the CBOE futures.
Insider trading is always a hot topic. Coinbase insiders sold millions at the vertical dashed white lines. At the time, there were short triggers all over shorter time frames.
So the question is... what occurs first?
The triggers, or the news?
Back again with a text-book "Tweezer Top" formation on XBT.
Model success rate is still 69%
ICX looks like it has support on multiple levels as well as buy triggers popping off like crazy!
Next Stop is looking like $3
Apparently this formation = dump
In conjunction with the latest posts about Michael Burry's Tesla shorts, we coded reversals for when the original short conditions occurred. They are working out well on Bitcoin.
Here is a better display of how it can play out. It also demonstrates the importance of watching multiple pairs for a single crypto currency.