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One of the big characteristics that often separates great traders from mediocre ones is the willingness and ability to sit on the sidelines when it's necessary.

A brief adage we often mention is the distinction between seeing a setup and...

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From the Desk of Louis Sykes @haumicharts

There's lots of chatter about the Ethereum $ETH merge, and rightfully so.

It's a significant development for the entire space and is paving an ideological divide in the community from...

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Broadly speaking, risk assets have caught a well-received bid over the last few weeks. This recent period has proven to be an incredibly risk-on tape.

When it comes to crypto, the big narrative driving capital markets seems to be the upcoming...

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From the Desk of Louis Sykes @haumicharts

In recent weeks, we've found ourselves revisiting the following question: Is Ethereum outperforming Bitcoin a bullish characteristic for the asset class?

We addressed this...

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The cryptocurrency market has certainly seen a nice relief bounce over the last few weeks; the average coin is up a notable 60% off its lows.

With this short-term regime in bull territory, let's evaluate how we're approaching this tape from a...

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From the Desk of Louis Sykes @haumicharts

Last week, we briefly touched upon bringing the market breadth to cryptocurrencies and the considerations we were taking into account.

You can...

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There's been no getting away from it.

These last few months have been rather lackluster if you're a crypto trader.

But that's perfectly fine.

The market should never be your dopamine fix. The ability to sit on the sidelines for...

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Bitcoin price action has been a slow grind higher over the last month, while Ethereum and other altcoins have posted notable gains.

This very much remains an environment where crypto capital markets are moving in lockstep with legacy markets...

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From the desk of Louis Sykes @haumicharts

And, just like that, any residual strength in crypto has once again dwindled.

Guys, we like to keep it honest and real with you.

At a certain point, we feel obnoxious about...

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From the desk of Louis Sykes @haumicharts

There's a common adage around here, a bit of advice to "draw your lines with crayons, not pens and pencils."

What it means is that when you're drawing support and resistance levels, it...

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Yesterday, we explained how we're still approaching this recent rally with a high degree of caution.

Most names still find themselves below overhead supply, and this is a tape where...

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Sometimes it's just best to ignore breakouts.

It's all about knowing what environment we're in and adjusting our tools and strategies accordingly. In environments like these, buying into breakouts is a dangerous game.

Seriously, take a...

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In our last letter, we reviewed the recent quarter and provided a structural view of the market.

In a tape as messy as this, we're focusing a good portion of our strategy on longer time...

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From the desk of Louis Sykes @haumicharts

We tell it like it is.

Technical analysis in its very nature is simply following reality. We're not tied to position, a narrative, or whatever story journalists are spinning up. We're...

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