sholi_software

DYDX vs Bitcoin CASH. A new trading method - "m-maker reading".

Long
COINBASE:BCHUSD   Bitcoin Cash
Market maker applies similar parr terns, because the market is a complex mechanism with rules. Within the framework of the set rules there is not much variation in the actions.

A new trading method - "m-maker reading".
Comment:
🤷‍♀️ Scam with alts in 2024-2025 (?)

Trying to perceive the data objectively, which raised questions about the market...

DYDX appeared with ~80mln tokens cycled, based on which it was valued at $26. End of 2021 — market turned around from highs and started an endless decline. DYDX too.

In 2025, because of unlocked tokens, we will see DYDX circulate about 800 million tokens. That is 10 times more. 

When we look at a chart like this, we think "if it was $26, it will be much more!"

BUT NOT A FACT! Why?

1) The price of an asset used to be counted as capitalization / 80mn tokens = price
2) In 2025 there will already be 800 million tokens (unlocks).
3) If capitalization in 2025 increases by a factor of 10, and there will be 800mn tokens, then the price of the asset will be only... $5

😈 And how can we be scammed?

Psychology and math. We're used to new assets updating their ATH. But based on the new tokenomics... it just doesn't add up.

So I don't understand...
a) Either they will "draw" the capitalization as FTT and it's pure scam, but the price will spike into space = everyone will make money
b) Either they have it all figured out to trick us, and by providing public info = everyone will forget to sell

Alts will definitely give X's, but we should not miss the moment of sale.
Comment:
DYDX vs Bitcoin Cash.

A similar history of entering the market is on the hawks. Consequently, the assets are priced too high.

The red zone is a sell-off. M-maker makes major money on the fall.

The blue zone is a payoff on looted money.

If you remember, I did a vertex calculation-simulation of the asset price when the crypto market capitalization increases and new tokens are issued (unlocks). Got a price of $5 at full unlocking. But there will be no full at the time of the hays, as the m-maker stays shekels for further sale. Consequently, we can expect a slightly higher price.

In another post, I indicated the minimum achievable high was $14. The maximum according to the chart in the picture is about $10-12, which is "at random", because just comparing charts.

As a result, we can calculate the area of maximum growth based on the data above.

I will not wait for ATH on DYDX. The sale will depend on the overall market dynamics. If it is $10, I will sell 100% of DYDX tokens.

My average purchase price is ~$2.6

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.