'Twas the night before Christmas, and try though they may
Not a token was mooning, not even AAVE
Market buys getting sent by the apes without care
In hopes that new all-time highs soon would be there

Our traders were summoned post-haste from their beds
While visions of making bank danced in their heads
SBF in his sweatshirt, and I in my tee
Had just downed something we're gonna label "coffee"
And amongst all the chaos, amongst disarray
Amongst the red numbers borne out of the fray
From all of the carnage arose one big loser
A coin with a regulatory accuser
For days, XRP has been in the gutter
Because of the claims from Jay Clayton the FUDder
U.S. folks had to spew their positions before
The exchanges could manage to shutter the door
Exchanges like Coinbase -- they threw up their hands
What to do when your government comes with the bans?
To delist or restrict? Or just pause for a while?
It was clear they'd react -- that's Coinbase's style
Trading got pretty crazy because no one knew
Would withdrawals make it past the the phase "under review"?
The markets on Coinbase got quite out of line
Sometimes rich, sometimes cheap -- a trader's goldmine
And elsewhere! Premia were just as sky-high
Japanese XRP was percents good to buy
Derivatives markets moved sort of at random
Arbs arise when the products do not move in tandem!
Insane though it was, there was also a trend
Each XRP market tended to descend
To prices lower than we've seen in some time
Since before Thanksgiving and crypto's big climb
Crypto has high leverage! Which many traders love
It gives them positions many times above
Their net worths with which they could easily gain
The crypto exposure they seek to attain
This magnifies winnings, of that there's no doubt
That carries a cost, and that cost gets borne out
When markets decide to move the other way
It magnifies losses traders need to pay
When a coin's cut in half in the course of a week
The outlook for longs can get pretty bleak
At this point I believe that I've set expectations:
XRP got destroyed amongst liquidations
EVERYWHERE traders got too aggressively long
On BitMEX, on Binance, on Huobi -- all wrong
Positions insta-sold into thin walls of bids
Since traders are off spending time with their kids
Orders always dry up when the market's away
And that is especially true Christmas Day
Impact from aggression gets much more intense
Causing MORE liquidations -- and then even more hence

More from Crypto

🚨Altcoin Trading Indicator🚨

How to use it. A THREAD.

Please Share.

To use it to buy Altcoins and make a high probability entry, the following conditions needs to be fulfilled.

For a long.
1. A green candle Closes above the cross.
2. Heikin Ashi candle turns green.
3. Price should be above 0.236 Fib from the swing high.


How to add the Indicator.

1. Click on the link and Add it to favorites and apply.
https://t.co/Kn90qgDjMi

2. Or Search it in the tab and then apply it.


The indicator itself the most comprehensive Moving Average Indicator which provides 9 MAs and 13 Different times of MAs.

The base of the indicator was by @insiliconot.

To further enhance it, I have added a cross indicator on the cross which works the best historically on Alts.


Condition 1- The cross.

Entry is made when a Cross occurs on the EMA 13/21.
The indicator automatically indicators the Cross with P for a positive cross or N for a negative cross.

This is the first condition for an Entry.

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