Innocent Bystander

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Innocent Bystander

Innocent Bystander

@The86thChapter

Enjoyerrrr of financial markets, cycles and ponzis of all types 86'ing past lives

SLC Katılım Kasım 2020
892 Takip Edilen122 Takipçiler
AK
AK@mydegendiary·
happy new year @cobie sent USDT via arbitrum to my coinbase ETH deposit address and unfortunately recovery tool doesn't seem to support it any chance of unlocking it/eta on the tool supporting arb usdt? thank you goat 🫡
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Innocent Bystander
Innocent Bystander@The86thChapter·
@cobie @mydegendiary Similar situation over here if you could @cobie 🥲
Innocent Bystander@The86thChapter

@cobie Is there any chance that Coinbase will start supporting USDT from the Polygon network in the future? I've had funds stuck there for 3 years from an accidental transfer. I know you've been helping a lot of people recover. Thanks, and Happy New Year!

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Innocent Bystander
Innocent Bystander@The86thChapter·
@cobie Is there any chance that Coinbase will start supporting USDT from the Polygon network in the future? I've had funds stuck there for 3 years from an accidental transfer. I know you've been helping a lot of people recover. Thanks, and Happy New Year!
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XForceGlobal
XForceGlobal@XForceGlobal·
$LTC #Litecoin at this point has a 99% chance of going to $300+. It's now approaching nine years of accumulation.
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Cobie
Cobie@cobie·
This Foundation tv show has managed to find the lowest level of quality that remains enjoyable to me. I can acknowledge in real time that this is not very good. And yet I will watch every episode upon release.
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Innocent Bystander
Innocent Bystander@The86thChapter·
@astronomer_zero Hey Astro! A lot of your conviction on ETH top not being in was that the sweep of the highs was negligible. Out of curiosity, why is it different than the BTC sweep we just had?
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Astronomer
Astronomer@astronomer_zero·
$BTC TP'd the top ✅, adding back in Alright, nice rejection off weekly open right into our first TP on the recent longs. And to be clear, I am not bearish, but our TP shows again why we take the TP's we do, allows you to add back in and strengthen your position even further. Although it already was a very strong position, often waiting for weeks until we finally get our 111k, with an entry at the exact bottom, such post-speech euphoria often gets a pullback so, nice to see the pullback materialize right into our TP. Next step, is adding some back in indeed. I marked the level where I look to do so. Thank you $BTC, your price delivery is on point as often always.
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Astronomer@astronomer_zero

$BTC 2 hours later, swing trade hit first target. ✅ Thanks for playing Alright, here you go. We waited for weeks and the power of patience shows off loud and clear here. The Astro Community knows how long the wait has been before we went long. But we also look at our PnL and realised how it was all worth it. The plan has been planned and the plan is playing out. Weekly open target 1 hit, taking off 25% of my long position here 💰 Again, $BTC showing us how our POI's and levels are important and highly sensitive, but also how the sentiment, right after most people were stopped out from being a hero and longing the dip early, played out perfectly too. Here it is, just hours after longing and calling it live, immediately up 5%. Couldn't ask for more. Congrats to all the ones who played along. And enjoy the money.

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Innocent Bystander
Innocent Bystander@The86thChapter·
@XForceGlobal Hey Eric! What are your thoughts on something like this for LTC? Would probably go well with a month+ pullback on BTC. All of the internal ABC's are pretty clean and proportional to each other as well
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XForceGlobal
XForceGlobal@XForceGlobal·
$BTC Let's finally narrow it down. In my opinion, I am leaning towards the Diagonal idea where we are now looking for an eventual multi-week pullback (although both scenarios are still valid at the time of writing (both the impulse and diagonal). We just have more evidence of the Diagonal being the highest probable scenario for several reasons: 1. The Diagonal is actually technically complete from a pattern recognition perspective (even if it weren't, another high would still make it technically valid), 2. All A:C/W:Y waves of the Diagonal in hindsight show a respectable 1 to .618 or 1 ratio. The best way to put it is that the impulse scenario is still in the validation stage, and the diagonal is now in the follow-up stage. The diagonal is a technical completion in regards to pattern recognition, and the impulse is just an assumption.
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XForceGlobal@XForceGlobal

[The Grand Picture] Remember, here are currently two primary scenarios we’re tracking for the upside. Both ultimately overlap on the same macro objective: we are looking for eventual higher levels. The two options are: 1️⃣ Nested 1-2/1-2 The 1-2/1-2 has been adjusted accordingly to fit the medium timeframes to allow the current 1-2 we are in, to work accordingly with the wider range of the fib retracement level that utilizes the higher degree 1-2. 2️⃣ Leading Diagonal The Leading Diagonal theory helps to remove the inefficiencies of any impulse from the 1-2/1-2 scenario, and treats this whole move up as an imbalance between the bulls and bears, which helps translate the price action to 3-wave corrective moves. While this offers better symmetry, geometry, and timing within the internal waves, it comes at the cost on betting for a lower probability diagonal on the higher timeframe. As both scenarios portray market inefficiencies on the local timeframes, you have to understand at what level of timeframe you are willing to make sacrifices. What doesn't change, is the implication of the overall resolving nature of the trend. We are still well within bullish territory. This is why leveraged traders are at the most risk.

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Le Shrub🌳
Le Shrub🌳@agnostoxxx·
This is the moment in time when investors check their portfolio and realize they've unwittingly created Frankenstein's Monster but, instead of random body parts, they were using random Ponzis 🥹
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Innocent Bystander
Innocent Bystander@The86thChapter·
@Cryptonnaber You thinking ending diag? Or leading diag in to extended 5th wave commodity style? 😉
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Na₿er
Na₿er@Tradernaber·
$BTC im getting this vibes for now, decreasing volume is something to pay attention, and possible macro divergence but as long as we don't break up/or down those reds lines, better assume something like this and take it one move at the time.- this is making sense there is no clear impulse for me in this moves, so diagonal fits for now.-
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Innocent Bystander
Innocent Bystander@The86thChapter·
@OtsukimiOtsu What if... It's NOT the top; but the path to get there is a lot more painful than people expect. 😂 Has kind of been the playbook this whole cycle so far
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Innocent Bystander
Innocent Bystander@The86thChapter·
@bitcoindata21 I feel like that’s pretty unlikely. BUT, I can’t help but notice the similarities in Altcoin structure since then! LTC, CRV, XRP. A lot of them with pretty identical looks
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quantdata21
quantdata21@bitcoindata21·
What if the Tariff crash/Orange Swan is a repeat of the Covid crash/Black Swan for Bitcoin?
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Innocent Bystander
Innocent Bystander@The86thChapter·
@XForceGlobal Killer analysis as always, Eric. Question for you; how can you differentiate between a leading diagonal vs ending diagonal such as when you called the top in April 2021?
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XForceGlobal
XForceGlobal@XForceGlobal·
$BTC Keep in mind that if you’re purely looking at it from an evidence-based approach to the wave structures from the $74,000 low, you could arguably interpret four of the five waves in the Diagonal scenario as corrective. Understanding the context of all surrounding waves and organizing it to the best of your ability between identifying the nature between subjective vs objective structuring - this scenario could be a very compelling option when we remove emotions from the equation. This would mean that we have a technical completion of the diagonal. All internal fib extension targets for the A:C/W:Y waves have achieved more or less equality, as well. The ultimate confirmation of this scenario is the bottom trendline breaking with volume (w/ of course a possible backtest). The only wave that remains subjective is wave 1 of the Diagonal, which is long and resembles an impulse structure - the reason why in the first place we labeled it as an impulse during real time analysis at the time. If 4 out of 5 waves show a clear corrective pattern, wave 1 could easily be swapped to a corrective WXY to better fit the overall structure.
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Innocent Bystander
Innocent Bystander@The86thChapter·
@Mr_Xoom Hmm. Would agree, and would add that so far wave 5 has been 1.618 the length of wave 1. And now we’re back below previous ATH. So maybe it wouldn’t hurt to throw a little caution up. $7-$10 would be nice though
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xoom
xoom@Mr_Xoom·
I’ve seen a few people on X talk about how XRP is on wave 3, that’s simply not true. Wave 3 was when XRP went from $0.50- $3.39 (+575%) XRP is currently on its last leg up (wave 5). Wave 3 is typically stronger and longer than wave 5. Targets for wave 5? $7-$10 (320% - 500%)
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Innocent Bystander
Innocent Bystander@The86thChapter·
@Trader_XO I could very well be huffed up on paint over here, but did they change the 2017 ATH on the Binance chart since you posted this?
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XO
XO@Trader_XO·
$XRP Sorry xrp fans But I couldnt resist Lesson in here is - always look left for very htf inflection points and potential points of failure.... where and why Will shift some of this back into an XRP at some later point in time
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TraderSZ
TraderSZ@trader1sz·
Take out them clean juicy lows
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Innocent Bystander retweetledi
Reads with Ravi
Reads with Ravi@readswithravi·
“Inspiration is perishable. Act on it immediately.” - @naval
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Nebraskangooner
Nebraskangooner@Nebraskangooner·
#Bitcoin Still at resistance and buyers not showing interest Thinking one of the squiggles is in play. We still need to reclaim $86,250 to switch to local bullish bias so for now both my primary scenarios are locally bearish Blue seems more likely to me but FOMC is a wildcard
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