Good day!
A new, more accurate head and shoulders bottom is emerging for ETH/USDT on the 1 hour timeframe.
Also, a potential head and shoulders top is also potentially forming.
Meaning, either up or down .. (surprise surprise, the king is back!)
Furthermore
It's been 1,5 year since the last bitcoin halving (2020).
1,5 year after the previous bitcoin halving (2017), the bull-market accelerated with BTC reaching 20K and ETH 1.4K (ETH 366% from 1-11-2017 till 01-01-2018).
Don't see anybody discussing this data. Perhaps because of the Recency Bias.
However,
Times have changed, adoption is huge, and the hype is real.
But
People are the same, which means that behaviour will probably repeats itself.
Crypto twitter is preparing the bandwagon (Hop on folks!)
When the self fulfilling prophecy has occured and the bull market is peaking in Q1 2022, we can look back with confirmation of the outcome of our right choices.
Let's keep the dispotition effect and loss aversion in mind.
Lately, I haven't been writing public idea's because:
1. It takes time that could be spend on analyzing and making more profitable trades.
2. The bonus of trading (after making good descision's) is the thought "I am right". If you also want to show to others that "I am right", then it's (ego) probably distracting your mind.
3. it could convince the reader of the belief in small numbers.
Technical analysis is just isn't enough. We need also psychological understanding of the crypto market, fundamentals, adoption rate etc. It's a lot of work.
However, I am a strong (complex) reasoning person. One of the rarerist on this planet, according to psychological assessments. Which means that I am open for your thoughts. Which means that: "if you guys like this stuff and want more of this, then follow me and smash the like button so that I am aware of your needs."
If not, we're still good.
One last thing!
We are living in golden ages. Know it, while you're in it ..
Good day!
A new, more accurate head and shoulders bottom is emerging for ETH/USDT on the 1 hour timeframe.
Also, a potential head and shoulders top is also potentially forming.
Meaning, either up or down .. (surprise surprise, the king is back!)
Furthermore
It's been 1,5 year since the last bitcoin halving (2020).
1,5 year after the previous bitcoin halving (2017), the bull-market accelerated with BTC reaching 20K and ETH 1.4K (ETH 366% from 1-11-2017 till 01-01-2018).
Don't see anybody discussing this data. Perhaps because of the Recency Bias.
However,
Times have changed, adoption is huge, and the hype is real.
But
People are the same, which means that behaviour will probably repeats itself.
Crypto twitter is preparing the bandwagon (Hop on folks!)
When the self fulfilling prophecy has occured and the bull market is peaking in Q1 2022, we can look back with confirmation of the outcome of our right choices.
Let's keep the dispotition effect and loss aversion in mind.
Lately, I haven't been writing public idea's because:
1. It takes time that could be spend on analyzing and making more profitable trades.
2. The bonus of trading (after making good descision's) is the thought "I am right". If you also want to show to others that "I am right", then it's (ego) probably distracting your mind.
3. it could convince the reader of the belief in small numbers.
Technical analysis is just isn't enough. We need also psychological understanding of the crypto market, fundamentals, adoption rate etc. It's a lot of work.
However, I am a strong (complex) reasoning person. One of the rarerist on this planet, according to psychological assessments. Which means that I am open for your thoughts. Which means that: "if you guys like this stuff and want more of this, then follow me and smash the like button so that I am aware of your needs."
If not, we're still good.
One last thing!
We are living in golden ages. Know it, while you're in it ..
Good day!
