Art of the Chart - TAking Requests!
Happy Thanksgiving / Holiday season, everyone!
Hope you’re all well, and doubling down on peace & gratitude as we enter the Holidays. Trading wise, lets check out the Total Crypto MC first. This is one of my favorite charts as of late, as it gives such an all-encompassing view of the market:
Total MC - 6H - click to view:
As I outlined in my last episode, we’re simply re-testing previous high (green S/R zone) as new support. This was expected and perfectly normal. It’s happened this whole Bull Run thus far. The only thing that makes this feel “different” is likely a misalignment of expectation: crypto twitter was all geared up for the final massive leg up & blow-off topping pattern at something like $120k BTC, but instead, the market is remaining rational and healthy. As per my recommendations in my last few episodes, sitting in Spot (the coins/tokens themselves) will have you stress-free and awaiting the next leg. You’ve likely heard it before: “The market can remain irrational (vs. your expectation of what it should be doing) longer than you can remain solvent”. The stronger the market contradicts your internal paradigm of how it “should” be behaving in any given moment, the stronger you’ll remain headstrong in your belief & double-down, or other silly gambling-esque behaviors. Buying the dip is one thing, but the ultimate goal is to survive. Never risk leaving yourself with no ability to rebuild!
So, you know the drill:
Post your comments below on what you’d like me to review for you during the next AotC full-episode, coming the week of the 29th. If you have any trading-related questions (proper use of TA, patterns, charting tools, etc.), feel free to ask those as well!
Until next time…
CC
Disclaimer:
Cryton Capital is not a registered investment advisor, legal advisor, tax advisor, or broker/dealer. All investment / financial opinions expressed in any-and-all posts on this page, including screenshots & captions, are from the personal research and experience of the owner, Mr. Chris Cooper, and are intended to be interpreted as educational material only. Although best efforts are made to ensure that all financial charts and commentary are as up-to-date as possible, there may be times where price moves beyond key levels before the chart can be posted. Alas, this is part of the fast-paced financial sector and cannot be avoided. Also, occasionally unintended errors and/or misprints may occur.
Follow Me.
Learn how to earn…
Become part of our community.
Follow our socials.
Subscribe to our podcast.
Subscribe to this publication.
It’s free (for now)
CUBEUSD, AURYUSDT. thanks
Hi, VRA and ENJ! :D