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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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From: ItsAllCyclical5/24/2021 4:23:44 PM
4 Recommendations

Recommended By
ajtj99
DayTraderKidd
The Ox
towerdog

   of 96430
 
(edit) I sold my ETH approx 2620. Was planning on waiting longer, but ran off the lows faster than I expected. If I get an entry pt back at 2400 or less will consider again or another good setup (BTC approx 35-36K ST). Decent chance this still challenges 3K in the next week, but that's ok if it does so without me.

Looks like I may have this headline to thank for the ramp.

zerohedge.com

1) Either way BTC does nothing and will NOT be utilized for daily payments anytime soon. There are better stores of value w/in crypto.
2) ETH is vaporware until ETH2 POS arrives
3) Energy usage will not change due to Musk/Saylor. It's embedded into the process. Still exponential if BTC continues it's growth.

I'll sell into "news" all day long w/this sector.
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