The Litepresence Report on Cryptocurrency

[presence]

Pres, what do you think of btc/ltc?

I have been trying to convince my brother

I took 15% coin gain in the BTCUSD dip shadowing my badger manually and I picked up another 3% manually over the past 12 hours.

I'm back in LTC presently at 00985 hodling

The badger is still hodling

If you have to do any convincing, LTC is not for him. Alt coin trading requires dedication to candlesticks and balls of depleted uranium. You can't turn a hoe into a housewife and ltc is a skanky bitch most of the time.


On btcusd I'm looking for consolidation

 

[presence]

 

[btcltc]

I took 15% coin gain in the BTCUSD dip shadowing my badger manually and I picked up another 3% manually over the past 12 hours.

I'm back in LTC presently at 00985 hodling

That's impressive. Is that just luck, do you have whale contacts or do you know ur stuff?

 

[presence]

if ltc breaks bullish here...

 

[presence]

Okcoin and Huobi new 30 day high OBV

 

[presence]

That's impressive. Is that just luck, do you have whale contacts or do you know ur stuff?

I count beans for fun and herd whales on my time off.

 

[presence]

China gives zero fucks about first selloff

1h OBV

 

[presence]

On btcusd I'm looking for consolidation

Consolidation has occurred and we now have 12h ma2 * ma3 crossed bull



Honey Badger Pro LIVE

LEASE:

https://tradewave.net/marketplace/litepresence

 

[fatjohn]

Buy Buy Buy!

 

[presence]

Buy Buy Buy!

Ever get habenero juice in your eyes inadvertently? That's how I feel after that video.

 

[presence]

VERSION UPDATE
===============

I just did a **Honey Badger Freeware** version update.


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- It will handle restarts more effectively.
- enforced 1h trading live to btc/fiat pairs to prevent noobs from fail.
- prevented live start without initialization keys
- clearly outlined protocol for starting live


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PLEASE RESTART
====================

 

[presence]

https://bfxdata.com/sentiment/longshort.php

 

[presence]

BUY HARDER

 

[fatjohn]

BUY HARDER

?

Could you explain what you deduce of these graphs.? Am i reading them wrong? Green is long and red is short right?

 

[nayjevin]

Is this the start of a new wave?

Pres, what do you think of btc/ltc?

I have been trying to convince my brother for more than a year to buy some bitcoin, one of his favorite arguments against was what was holding "a shitcoin" (his version of altcoin) back from dethroning bitcoin. So now he wants to buy some litecoin perhaps if price pulls back.

There's no utility need for the coin right now, but there is for bitcoin. The future is uncertain.

eta: not to say that if I had lots of spare money and a way to catch the bottom I wouldn't hold at least some of them.

 

[nayjevin]

I just took the leap and bought BTC long term. I think this is the beginning of the bubble. Price keeps trending up slow and steady with regular pullbacks and the volume isn't jumping up all at once. We've got a steady trend and the price is soaring.

You come out okay Paul?

 

[nayjevin]

?

Could you explain what you deduce of these graphs.? Am i reading them wrong? Green is long and red is short right?

I'm seeing longs and shorts both increasing at the same time prior to bubbles on that chart, but that is a guess. I see little evidence for bull bets.

 

[amonasro]

I'd say the outlook is more bearish if ~$352 is broken on Stamp/Finex, would consider a short entry there. Currently not enough action to take either side... just chopping around, lots of traders losing money.

Looking at longer term fractals and afraid the 3d automatic reaction will take us down further in a bearish scenario for a pullback to test the 9 month range ($300-330) as support...

 

[nayjevin]

I'd say the outlook is more bearish if ~$352 is broken on Stamp/Finex, would consider a short entry there. Currently not enough action to take either side... just chopping around, lots of traders losing money.

Looking at longer term fractals and afraid the 3d automatic reaction will take us down further in a bearish scenario for a pullback to test the 9 month range ($300-330) as support...

That's kind of what I looked at, but seeking evidence to validate my 'anything over $325 is a bubble' made any conclusions I might have drawn suspect.

How do you normalize the volume across exchanges so that analysis like that has any meaning? Some exchanges have a fraction of the traders they used to, some many more than they used to.

 

[presence]

?

Could you explain what you deduce of these graphs.? Am i reading them wrong? Green is long and red is short right?

1) green > red... by far. Therefore loans are being taken long moreso than short.

2) over Oct we see that as swaps increase for both btc and usd price rises. then a plateau in swaps preceeds the final bull run.

3) swaps fell off their plateau before the bubble corrected.

4) over the past 5 days as price has consolidated towards 360/370 we've seen an increase in swap activity of both currencies at a fairly equal rate during the consolidation which bodes bullish.



That means last nights little drop was redefining the correction channel but not indicative of a full cascade down to despair. Hence this morning all of yesterdays fright was instantly corrected. No reason to panic on a retail long.


Inverse Head and shoulders still rising off Nov 5th Head; we have initial breakout and yet another touchback that

remained above the inverse head

and returned to

redefine the channel top

off both armpits.