Another dull Monday, highlighted by light “Pump” in the Asian session, cuz it’s
all the “Chuckleheads” know how to do, then a “sleepytime” Europe, followed by
a MOAR! serious “Pump” at the NYSE open … and now for the “Dump” here in
the New York afternoon in the “Tulip Bulb 30”, a/k/a DOW30 … crypto somewhat
quiet, if you can call BTC with a $5k range “quiet”, but the other pairs including
Cardano [ADAUSDT] drifting into the “Mary hard fork” today … some wicked
action in spurts, but overall not very good consistent IVIX for the day.
Algorithm signals in the DOW30 today … TURNKEY PAMM / MAM UP SLIGHTLY.
Kind of a ruined day from the NYSE open, as “Stonks” immediately go ballistic
skyward, thus going about 120%+ over the 20 Day Range MA, and yielding only
1 decent buy signal … and of course, when you get these runs out of nowhere,
when they correct it’s a good bet the move for the day is O.V.E.R. [in essence, it
screws up the probability wave functions and skews them negatively] … and
that’s what it looks like now with some serious chop going on at lower levels
from the opening spurt … “must be all that “Joe China” optimism supporting
stocks, right"?
Over at PHEMEX, trading in ADAUSDT for “The Syndicate”, and we’re up slightly
above 0.10%
We will see what the “Mary hard fork” [Cardano block chain protocol update]
does to price after the launch, but today sees some cautious trading interspersed
with wicked price spurts, both up & down, that come out of nowhere … ADA not
really following BTC, but the bullish enthusiasm after hitting ATH on Saturday is
bringing money into the pair … plenty of shills & scam artists hyping Cardano
on YouTube, so don’t fall for the hype everybody makes $1 million dollars by
next Thursday … date it, don’t marry it!
Outta here a tad early today … until tomorrow … “the future’s so bright I need
sunglasses”! 😎 … Onward & Upward!!
-vegas
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