Sushi Update
Nailed Sushi waves this summer but don't really have to be a genius. Set up was clear and easy to play. Now however, I prefer the sidelines and want to see a solid base built up around $12 for a chance to run to $20. If you think it will run, the time to add is now. I still want to see $20 but nobody cares what I want.
I am out of
Sushi as of yesterday. However, if I like what I see I will get back in with tight stop losses in place. I like the repeat of the W pattern so if it holds - I am adding. If not, I am ok with good old American currency.
Side note: there are 11K+ tokens, coins, imaginary mediums of exchange and so on. Bitcoin dominance is loosing steam...why? Well you have 11k of other coins that compete. Scarcity is not the reason BTC goes up, make sure you understand the narrative you subscribe to. I am a gambler, not a macro thinker so gamble at your own risk when you read these pajama pants trader posts.
As my friend says "You are just as imaginary and worthless as Bitcoin". Have fun staying rich if you are in it.
I think we are going into a shake out stage of the crypto market and every dip should be bought.
I am out of
Sushi as of yesterday. However, if I like what I see I will get back in with tight stop losses in place. I like the repeat of the W pattern so if it holds - I am adding. If not, I am ok with good old American currency. Side note: there are 11K+ tokens, coins, imaginary mediums of exchange and so on. Bitcoin dominance is loosing steam...why? Well you have 11k of other coins that compete. Scarcity is not the reason BTC goes up, make sure you understand the narrative you subscribe to. I am a gambler, not a macro thinker so gamble at your own risk when you read these pajama pants trader posts.
As my friend says "You are just as imaginary and worthless as Bitcoin". Have fun staying rich if you are in it.
I think we are going into a shake out stage of the crypto market and every dip should be bought.
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