I know a lot of you are thinking this is overbought, over heated, ran up too fast, etc and are trying to apply some sort of technical analysis to it but I want you to know - you are focusing on the wrong thing. Your mind focuses on "warning signs" because our brains are programmed with a survival instinct that always seeks a safe shelter (i.e. cash)....
Here is one bitter truth that is very hard to accept and that every trader learns only after loosing a fuck ton of money: trading will never beat investing because trading focuses on all of the negatives (resistance/support lines, bear/bull flags, etc.) but investing focuses on only 1 positive long-term vision. Until you understand it, you will never win big.
Take a look at every chart I made and compare it to this weekly chart. Notice how on the weekly chart its a straight shot up without any interruptions? Investing ignores all of the noise, trading focuses on the noise. That is the big difference.
On weekly, we see a clear Adam and Eve bottoming pattern. I expect this to rip higher regardless if we correct here or not.
STOP trading and start learning macro behind assets that matter (Real Estate, Gold/Silver, Dollar, Bitcoin, Ethereum, etc.). Nobody gives a fuck about tokens so trade those all you want, but do not trade the big stuff or will sit back, look at the weekly chart and realize that if you didn't dink around past 6 months, you would have been a millionaire by now and the only person responsible for it is you. Focus on the noise and lose or focus on good macro and win big.
Here is one bitter truth that is very hard to accept and that every trader learns only after loosing a fuck ton of money: trading will never beat investing because trading focuses on all of the negatives (resistance/support lines, bear/bull flags, etc.) but investing focuses on only 1 positive long-term vision. Until you understand it, you will never win big.
Take a look at every chart I made and compare it to this weekly chart. Notice how on the weekly chart its a straight shot up without any interruptions? Investing ignores all of the noise, trading focuses on the noise. That is the big difference.
On weekly, we see a clear Adam and Eve bottoming pattern. I expect this to rip higher regardless if we correct here or not.
STOP trading and start learning macro behind assets that matter (Real Estate, Gold/Silver, Dollar, Bitcoin, Ethereum, etc.). Nobody gives a fuck about tokens so trade those all you want, but do not trade the big stuff or will sit back, look at the weekly chart and realize that if you didn't dink around past 6 months, you would have been a millionaire by now and the only person responsible for it is you. Focus on the noise and lose or focus on good macro and win big.
