I tried last night to give "Creepy Uncle Joe" the benefit of the doubt … that lasted
less than 10 seconds … just looking at him lying his ass off, and knowing his
“swamp” background, made me turn it off quickly before I puke … quite frankly,
since the start of the Civil War, the country has never been in this much peril,
and IMHO it’s O.V.E.R. … and however “K Mala” and her crew of Communist
misfits dispatch him, he won’t even come close to what he truly deserves.
Crypto acting very strangely the last couple of days … a $1,000+ jump over the
weekend in BTC, attributed to the U.S. government floating trial balloons of
restricting U.S. citizens ability of having decentralized e-wallets to hold crypto,
most specifically BTC … from what I gather, it seems they want you ONLY to
hold any kind of crypto in U.S. government approved centralized exchanges, like
Coin Base, and you won’t be allowed to transfer that crypto … of course, dutiful
Fascist corporations like Coin Base are nothing more than information gatherers
for a government that simply must control you and your wealth … cuz quite
frankly, when the time comes they will confiscate it “for the children” of course!
… and what is BTC’s response to this? … “oh wait, we were supposed to go
lower? … nahhhhhhhhhhh, F YOU, all you’re doing is showing the world what
complete Dopes you really are … next weekend float the idea of banning us, this
way we [BTC & others] can be up at $30,000+ by Monday”!
And so, yesterday along with today’s early European session hours, sees BTC
the slowest it’s been since Summer … truly inexplicable … and so far today, this
is deader than yesterday! … and even more strange, ditto in XRPUSD.
Algorithm trades today in BTCUSD … TURNKEY PAMM / MAM UP SLIGHTLY.
When it won’t move, and it sits inside the infamous “Flying Wedge of Death”
[FWD] for hours on end, there isn’t much I can do … and so today, like yesterday,
it was like watching paint dry … it is what it is.
For “The Syndicate”, algorithm trades in XRPUSD, UP APPROXIMATELY 0.23%
Like BTCUSD, not much action in Ripple today … but unlike BTCUSD, which
vaulted strongly over the weekend on “let’s make it harder for U.S. citizens to
buy/sell crypto with the most idiotic idea ever floated, even for government”,
Ripple since it’s doubling in price over the weekend before Thanksgiving, has
seen nothing but slow, sometimes not so slow, price erosion almost continuously
… today the 9th day in a row, where the previous day’s high can’t be overcome,
and all we’ve seen is a steady stream of lower lows and lower highs on the longer
term charts … today here as I finishing writing in the New York afternoon, it looks
like XRP might finally be catching a bid … but who knows? … over the last 9 days
there have been similar New York bogus rallies that have failed miserably … so,
we’ll see what happens, but on the whole I’d like to see IVIX pick up some cuz it’s
lagging badly for too long of stretches during the day, and then it explodes only
to see that burn out rather quickly … XRP “basis” [perpetual contract - spot price]
has been holding steady around 0 to +10, where a week ago and before it was
moving wildly between -20 to +40 … in order for it to be a better market than
BTCUSD, it needs to exhibit a more consistent volatility, and not go “bat shit
crazy to sleepytime” throughout the day like a yo-yo … as far as the bid/offer
spread goes, it remains steady at 0.0001 pretty much all the time, except when
buy/sell stops are run, and you might see it widen then, but other than that the
spread is one good reason that makes Ripple such a good trading candidate.
Second day in a row BTCUSD price & trading action have been very
disappointing … however, 2 days does not a trend make … in any event, I trade it,
I don’t date it!
Outta here! … I’m full steam ahead! … Onward & Upward!!
-vegas
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