Who’s paying: $ARIA In the previous period, longs paid funding to shorts across multiple contracts. Mm-hmm.
Good morning. BTC is down 5.29% over the past day compared with this time yesterday; the long switch is off.
$ARIA is up 27.29% over the same period. Huh?
$ARIA leads today’s strength rankings.
$CLANKER is in second place, with a bullish trend.
$IDOL ranks third, with bullish technicals overall.
I’m bullish: I’m betting that countertrend strength is still there, not that a weakening market means everything has to fall together.
Mean-reversion signals lean bearish, which works against me, so I’ll keep my bullish take measured.
If bears use the broader market to call this one weak, I’ll say they’re “taking the power outage notice from next door and putting up a closed sign for the whole street.”
Let the price action be the editor:
Above 0.167, the case for countertrend strength gets another page.
Below 0.125, I’ll drop my bullish stance. This time, I read it wrong.
Will you stamp your approval on “27.29% still looks strong,”
or sign off on “27.29% can’t hold up on its own”?
#ARIA #CryptoMarket
Data sourced from Binance public market data. Not investment advice.
Good morning. BTC is down 5.29% over the past day compared with this time yesterday; the long switch is off.
$ARIA is up 27.29% over the same period. Huh?
$ARIA leads today’s strength rankings.
$CLANKER is in second place, with a bullish trend.
$IDOL ranks third, with bullish technicals overall.
I’m bullish: I’m betting that countertrend strength is still there, not that a weakening market means everything has to fall together.
Mean-reversion signals lean bearish, which works against me, so I’ll keep my bullish take measured.
If bears use the broader market to call this one weak, I’ll say they’re “taking the power outage notice from next door and putting up a closed sign for the whole street.”
Let the price action be the editor:
Above 0.167, the case for countertrend strength gets another page.
Below 0.125, I’ll drop my bullish stance. This time, I read it wrong.
Will you stamp your approval on “27.29% still looks strong,”
or sign off on “27.29% can’t hold up on its own”?
#ARIA #CryptoMarket
Data sourced from Binance public market data. Not investment advice.
