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its not what he sold but what sentiment he created
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how did he create a sentiment during dec/jan/feb when people only learned about his selling a few days ago?
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how ... when orderbooks getting nuked without any reason yes thats a fcking sentiment. Once the news broke out market settled down. IDK but maybe have a look at the chart and set those braincells at work
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Gox whale was already dumping as from september. You don't even know what his current balance is so why suggest he controls the market. Its bs.
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Somewhat contradictory to your previous tweet non?
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my question in a bearmarket is is how much sell pressure is left. There are alot calling 3-4k ... i dont see that really happen.
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Ah ok, understood. Thanks
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sry cant, EW not my thing
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Ah ok
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AT this big timeframe EW doesnt work at all
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I don’t see why it wouldn’t
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The point of TA isnt prediction. That goes for EW too.
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what is the point of TA?
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Analyzing probabilities to manage risk, finding the right entries and exits for trades. If X then Y setups. Not 'Let's hope for XYZ otherwise I'm screwed' setups.
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