Replies to post #1622 on ETFs, Leveraged ETFs, Sector Funds

[No-Quarter]

Since Crypto trades 24/7/365, using a 4 hour period obtains 6 candlesticks/day. I find it a good time frame for me to use with altcoins.

I found a 'Crypto Total Market' ticker on TradingView, charted it, and the results tell me Altcoin Season is taking a pause...

So, this afternoon I sold SOLUSD for a slight gain (not nearly as high a percentage as you were likely able to capture), and will be sitting on the altcoin sidelines until the M65 of the below chart turns up again.

GLTY

https://www.tradingview.com/chart/vg7CW5vR/

[No-Quarter]

..also, BTC and ETH turning down today too.

I use daily charts for these two, with a 60 min chart tiled underneath poking out the right hand side. I use the end of day on the 60 min chart as a signal, and it is saying sell today.

On both charts, M3 crossing under the zero line screams sell, and it is fast approaching it on both now.

8EMA crossing under the 13MA is an early sell signal (8EMA crossing under the 21EMA is a definite sell signal). 8EMA is approaching the 13MA on both charts now.

I am holding some ETH and BTC. May be selling all that I hold tonight too.

GLTY

[No-Quarter]

Sold ALL BTCUSD and ETHUSD tonight. I will likely sell all GBTC and ETHE tomorrow after the market opens. All miners too.

Going-to-cash with all my crypto funds.

I created a 4-hour chart tonight (below). It clearly shows a roll-over of Ethereum. If I had been paying attention to a 4-hour chart (rather than daily), this was visible for a few days now. Oh well, I learn new things every day.

I will be adding a 4-hour chart for BTCUSD and ETHUSD going forward.

GLTY

[No-Quarter]

I changed my BTC and ETH charts from daily to 4-hour. Easier to 'see' what's going on now, without excessive trading signals.

GLTY

[No-Quarter]

Watching/watching for the M65 cross to complete on below before I wade back into the altcoin trade.

GLTY

https://www.tradingview.com/chart/vg7CW5vR/