there are few things that applied nicely in 2022 but could not apply well in 2023.
Such as: Descending triangles. It moved max 10% only.
Lately 2018 I had a small talk with a member of 3AC. We discussed and he shared with me how Tether marketcap works.
I still remember he was just a baby trader.
3 years later, everyone knew 3AC & he was a billionaire. Haha everyone knows that name and 3AC collapsed in 2022.
Just a small story. The message I want to share is you never know how crazy this market would be.
Pow coins have a room in April & May.
Reason is Bitcoin mining industry is recovering ...
In the midterm maintrend, BTC always moves first, ETH next, other top and mid coins follow, the final is xrp doge shiba....
The next could be is THE CONTINUATION OR REVERSAL TREND ?
also just remember that in 2019 Sam BF was just a normal trader.
He traded in Binance futures and dumped BTC from 12k to 10k in 1 sec.
RoseFamily has been here in this space since 2017.
I strongly believe many members have grown fast along the way in this industry.
The result is few of you here starting from shrimps since the first days, now turned to become big whales or market makers.
That's why sometimes market moves because of this community
Spot Accumulate these coins before April open
#BTC #LTC #ETC #CFX #CKB #DOGE
Switch ETH to BTC
2 days to close Q1. It's been a great quarterly for ETH shanghai + AI + LSD...
Here is my next plan. We will focus on POW coins plays in Q2.
Start warming up from first days of April.
Bitcoin first.
LTC Halving
ETC when ETH hype over, next is ETC ETHW
CFX CKB new players with strong MM
DOGE always does late pump
__
This is an important observation.
payment coins are flying following XRP.
Such as SXP SFP C98 ...
Not ready for positions
Just watching
#BTC
I just closed this trade at 28.4 for small profit
wait to whole market to calm a bit.
Flip flop out in 2% is sometimes a part of trades in Rosefamily. Hope you guys understand the context.
in the end today we chased nicely the big move today.