Christopher Inks
@TXWestCapital
Followers
39,895
Following
3,640
Media
5,353
Statuses
30,755
CEO TWC | 30 year market veteran | Spaces - Mon. 5p EST | Beards & Bitcoin - Wed. 12p EST| Analysis - Fri. 12p EST | Tweet about trading/markets/psychology
Houston, TX
Joined August 2016
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
MOONLIT FLOOR OUT NOW
• 262478 Tweets
JUMP
• 209784 Tweets
Mets
• 163607 Tweets
Falcons
• 66985 Tweets
Baker
• 64425 Tweets
天使の日
• 50895 Tweets
Pete Alonso
• 47049 Tweets
Diana
• 41942 Tweets
Bucs
• 27873 Tweets
Kirk Cousins
• 27492 Tweets
#PowerGhost
• 24940 Tweets
Bijan
• 21801 Tweets
Mooney
• 17983 Tweets
HAVE A SAFE FLIGHT JIN
• 16792 Tweets
Hayırlı Cumalar
• 16229 Tweets
ワートリ
• 15554 Tweets
#PowerBook2Ghost
• 14552 Tweets
Tariq
• 14094 Tweets
感謝マルチガチャ
• 13920 Tweets
Cane
• 13295 Tweets
Bleed
• 11622 Tweets
PRABOWOsiapkan YangTERBAIK
• 11411 Tweets
最大4体ゲット
• 11045 Tweets
人達同士
• 11007 Tweets
KEKUATANkita PERSATUANkita
• 10838 Tweets
Hodge
• 10268 Tweets
Bielsa
• 10053 Tweets
Pinned Tweet
Stop flailing around in the markets.
Join TexasWest Capital and put your future trading self on fast forward!
0
2
6
I continue to see charts trying to convince you that max pain for traders is if
#Bitcoin
pulls back and then rallies.
Those people just don't get it. Max pain is already being felt as price has continued to rally from the November low. So many people remain on the sidelines
139
126
1K
@Tims_TA
@Blackmillions_
We don’t truly know what we are capable of until we actually do it. The kid is just working his way through the initial reaction to having to exert effort. He will be a lot better off learning that he can do what he thought he couldn’t. THAT is where confidence and character come
15
27
906
#Bitcoin
continues to mimic the transition into the 2019 bull market. Will it continue?
I've posted similar charts previously, but blown out further within a larger time frame. This is the close up of the ascending channel re-accumulation area $BTC may be replicating.
51
94
513
$LINK is readying for a beak out of the descending daily wedge resistance. Who’s ready for it?
27
31
402
#Bitcoin
is setting up for the big breakout. Are you ready? If you’re bearish, you’re wrong. I’ve been explaining why for two months now. If you refuse to be open enough to listen then that’s on you.
Similar setup to $ETH - showing bullish weekly RSI divergence with Stoch RSI
25
46
312
I’m considering putting on a FREE trading psychology master class if there’s enough interest shown via likes, comments, and shares (easiest way to gauge). Let me know if you’d want to attend this master class.
62
33
286
I'm about to get so much hate for posting this, but the full life cycle $LTC chart looks like it may have just completed a multi-year fourth wave triangle. This is something I've been talking about was likely in progress for a few years now but I have never seen a
#Litecoin
32
65
282
#Litecoin
looks primed to challenge the highs at ~$400.
Locally, breaking out above the green box gives me a minimum expected target of the the weekly R1 pivot area, probably around ~129.441. $LTC
43
31
254
$LINK
Accumulation for over a year. Spring has printed. Expectation is to see price rally out of the year+ range as the new bull trend makes itself known. Look at the monthly hammer candle at the swing low.
16
30
266
What if I told you that wave 3 was only just beginning to kick into high gear leading toward a possible target of ~147380, or higher? And what if I told you that means we would be likely to see a wave 5 target of at least $224000? Would that interest you?
#Bitcoin
$BTC
39
26
274
Remember, the spot Bitcoin ETFs are cash create and not in-kind which means they’re subject to T + 1 (like GBTC) or T + 2 redemption. In other words, moving out of GBTC, for instance, and into a lower fee vehicle like IBIT means the BTC has to be sold by GBTC and then bought by
44
56
266
$FIL
1) Are you long yet?
2) Why aren't you long yet?
Accumulation structure appears to be complete with the JAC in progress. Minimum expected wave ((3)) target of $14.35. Likely to overextend higher though. The run has just begun, folks.
26
45
257
Are you still paying attention to $LINK? The setup for the break out is there.
11
26
261
As I have mentioned previously,
#Litecoin
appears to have printed a triangle while in accumulation for almost ~2300 days (over 6 years) so far and you don't think it's going to rally to a new ATH, much less $1000 or even ~$2486? Generally speaking, the longer the contraction, the
28
49
249
Birthday lunch with the boy who will be 13 tomorrow.
32
2
250
Amateur traders think that their entry is the most important thing, but professional traders know that proper risk management and their exit are far more important.
21
23
222
🚀TWC's 4th Anniversary Giveaway 🚀
🎁First drawing 10/15/21🎁
#Bitcoin
- $5000
🎮PS5 - 4
🎮XBox Series X - 3
📊TWC Tier 3 Annual Membership - 10
📊TWC Tier 3 Biannual Membership - 10
👑RT this + tag 3 friends + follow
@TXWestCapital
+ subscribe to
59
65
184
Things that are holding you back in trading:
∙ Emotions
∙ Pride/Ego
∙ Staring at charts 24/7
∙ Lack of proper risk management
∙ Comparing your trades to others
Instead...
Shift your focus to these 7 things—and you'll be unrecognizable in 8 months:
17
39
202
New traders spend so much time losing money while attempting to trade short time frames that they don't have the capital ready to take advantage of the good trades they should be waiting for when they occur on the larger time frames. Stop trying to get rich overnight.
10
21
181
People often conflate "busy" work with doing what needs to be done to be successful. Just because you stay busy doesn't mean you're actually doing what you need to do.
21
14
186
For those of you that have been asking, here is the long-term weekly
#bitcoin
chart that I shared on
@scottmelker
's show this morning.
28
23
174
I don't think most market participants are really prepared mentally, much less positionally, for what may happen next.
#Bitcoin
$BTC
What if Bitcoin breaks out impulsively through the ascending channel resistance? Often when that happens, we see a strong over-extension of our
15
23
178
Isn't it funny seeing everyone talking about $50K
#Bitcoin
now? But when I explained why/how it would get there based on EW, Wyckoff, and price action, 6 months ago, I was ridiculed. What I teach works. Period. Glad to have y'all following along. If you're new to following me,
11
4
166
$CLSK is nearing completion of accumulation after 1534 days. Pay attention, this is the weekly chart and it looks very good. Next push higher should see price rally into $30-$40. The really big moves come after that though.
#Cleanspark
#bitcoinminers
#bitcoin
13
19
164
Every trader makes mistakes.
But these mistakes can be avoided, if you know what you're doing.
Here are the 7 worst trading mistakes (and how to avoid them): 👇🧵
7
41
152
Good morning, folks. Just a reminder that
#Bitcoin
has rallied ~$8100 (14.33%) since most of the social media talking heads told you it was going down to $30K.
10
12
149
Nothing new here unless you have just recently started following me. These are my thoughts on the larger
#Bitcion
picture via
#wyckoff
and
#ElliottWaveTheory
as I have been discussing publicly since the June 2022 swing low. $BTC
The local EW count may need to be adjusted as
16
37
152
Real talk: You won't become a great trader overnight no matter how naturally adept you are.
19
9
156
GM, folks. Remember, this is the chart you continue to try to short. Zoom out.
#Bitcoin
$BTC
Weekly chart -
Stoch RSI reset into oversold, has broken back out, and is crossing bullishly. RSI has broken back into overbought and is crossing bullishly (signals a strong bullish
15
15
153
Unpopular Reality:
If you want to day trade, then do so for income.
If you want to get wealthy, then you need to learn how to forecast because wealth takes time.
Most traders think they'll day trade & scalp their way to wealth. You have almost 0% chance of making it that way.
11
23
150
$LINK has one of the cleanest charts and you aren't long?
13
19
152
#Bitcoin
has everybody scared here. But watch for the bear trap. Generally speaking, volume has been coming in at the lows of the range, not the highs. Overall, the volume has also dropped dramatically since the range began. These things are most often associated with
7
18
153
As a reminder, I am also still watching this repetition of events from previous cycles playing out this time around as well. Never any guarantees, but so far it's remaining aligned to previous cycles.
#Bitcoin
$BTC
22
32
147
If you liked the previous $FIL post's target then you're going to love this new one. I noticed that I didn't have my chart set to log in the previous post. So, now that I have corrected that, the actual minimum expected wave ((3)) target is ~26.48.
$FIL
1) Are you long yet?
2) Why aren't you long yet?
Accumulation structure appears to be complete with the JAC in progress. Minimum expected wave ((3)) target of $14.35. Likely to overextend higher though. The run has just begun, folks.
26
45
257
25
19
146
$QNT Y'all were already in anticipating the breakout, right? Looks like ~208.90 is incoming. An impulsive breakout above the weekly pivot at ~125 will add confidence to that scenario. Rejected ~208 should see a retest of the pivot area and then reversal with a minimum expected
14
21
147
This is the weekly
#Bitcoin
chart and IF we see an impulsive break out above the large ascending channel resistance price is currently sitting at, then there's a good chance we will see a relentless rally into the ~$77K area, minimally, to complete wave 3 or the secondary target
12
16
147
Most people think what they want is retirement.
But retirement is boring.
What people really want is freedom to come and go as they please and do what they want while maintaining financial security.
9
13
148
TWC's fourth giveaway💰💰 is live!
I will be drawing 4 winners next Friday, November 19th:
1 $1000 in
#Bitcoin
1 PS5 (Spider Man, Rachet & Clank, 1 extra controller)
1 annual Tier 3 membership
1 biannual Tier 3 membership
*Be sure to verify your email.
9
86
123
To get what you want out of life requires 3 simple, not easy, steps:
1. Ask the right questions
2. Be coachable
3. Take the steps required to get the result you are looking for at the time
11
16
143
Pay attention.
#Bitcoin
has reclaimed the range, retested range support, and is rallying higher.
6
13
147
#Bitcoin
rallied $7500 yesterday. That’s 12.33% in ONE day. And people are still arguing that it can’t make big moves in a single day anymore. It’s only just begun, my friends. Stronger, more volatile days are incoming.
14
23
140
I just want y'all to know that I do notice those who consistently like, comment, and/or retweet what I post. It does not go unnoticed. I appreciate you. Thank you.
20
1
142
Traders lose a lot more than they have to simply due to their impatience. They rarely take time to allow a setup to fully develop. If you're always jumping the second price moves, then you will end up creating a lot of unnecessary draw down on your account.
2
10
138
As mentioned yesterday, this drop to $59/$60K from the ATH area, was the preferred scenario I was looking for.
Another day in
#Bitcoin
paradise. If we can find rejection between here and the ATH, I would love to see a reversal around $59500-$60000. That is the setup that has a strong chance to rally us impulsively into $95K-$100K before a more meaningful pullback.
16
10
100
13
4
145
@Amy_K_Nelson
@JeffBezos
@amazon
Civil forfeiture is a government racket. It’s unbelievable to me that it exists. As for our legal system, it absolutely sucks in that when you “prevail” you often still lose - loss of money, time, your business/job, and often freedom in the process. While I don’t believe I’ll
1
1
144
The holy grail of trading is proper risk management. Full stop.
69
19
134
How you do anything is how you do everything.
Being a successful trader begins in the other areas of your life - the things you are already doing.
15
14
142
Speaking of $LINK …
🔗🧐 Chainlink's supply on exchanges has dropped from 23.0% to 21.4% in just the past 30 days. The last time we saw this level of decline of LINK coins on exchanges, from Sep. 15 to Oct. 14, the 15th ranked market cap coin surged +123% over the next 4 weeks.
10
83
353
5
15
141
#Bitcoin
’s monthly MVRV Z Score is at the level that has immediately proceeded every new cycle’s breakout above the previous cycle’s ATH and you’re bearish. $BTC
13
18
134
#Bitcoin
is up ~177% in ~54 weeks, and the overall bull run is just getting started. Let that sink in for a moment.
20
21
136
People are understandably bullish about
#Bitcoin
's third halvening recently completed. But big-picture question: are you prepared for price to trade sideways-to-down for the next quarter before the real bull run gets under way?
24
0
130
So, I guess you should probably start seriously considering this if you haven't been doing so just yet. Weekly price action has broken out impulsively above the pitchfork's EQ. Depending on what chart you're looking at, wave 3 has a minimum expected target of ~$75K-$77K at the
6
12
138
As mentioned on the show with
@scottmelker
this morning, we are seeing a nice rally off this morning's flush. The H4 candle closed above the hourly pivot. Daily is looking even better. Breaking out higher should see a target of ~53267, at least, on this chart.
#Bitcoin
$BTC
9
17
131
Just wanted to take a minute and say thank you to everyone who continues to follow along, listen in on the various shows I'm a part of, and share my thoughts, charts, etc. Y'all are the real MVPs. Without you there would be no reason for me to do what I do on these shows and
9
6
137
#Bitcoin
continues to hold so far:
1. Weekly pivot holding as support
2. Weekly 200 MA tested as support
3. Weekly 20 MA tested as support; crossed above 50 MA & nearing cross above 200 MA
4. Purple resistance tested as support
5. Weekly Stoch RSI nearing reset into oversold.
13
16
129
TWC's Memorial Day Sale
- 50% off Annual Tier 3 Subscription -
Learn how to trade consistently & profitably with 200+ hours of recorded video educational content and 3 live streams every week
This is our best price of the year!
*For a limited time only
3
16
119
I like what I’m seeing so far on this rally off the bullish RSI divergence. Wedge break out incoming? CME still sits quite a bit above spot at 69165. Daily Stoch RSI has reset in oversold and RSI remains bullish above neutral.
#Bitcoin
$BTC
12
12
135
No guarantees of course, but
#Bitcoin
is at an interesting area around the daily S1 pivot support as Stoch RSI has reset into oversold and RSI is finding support around ~43 once again.
IF the support holds and price rallies, then we are likely to see an impulsive breakout above
7
23
132
GM, it looks like the breakout is imminent after printing a throw under of the descending channel support and rallying back up to its resistance around the horizontal range’s EQ where it’s been consolidating.
#Bitcoin
$BTC
16
12
127
People who bought at/near the ATH are unloading and happy to get out at, or close to, break even. Imagine their frustration when
#Bitcoin
rips higher after they're done selling.
19
4
133
My preferred
#Bitcoin
scenario is a pull back toward $62/$63K this weekend, resetting the H4 and D1 Stoch RSIs in the process, and then rallying to fill the weekend gap after the CME opens back up on Sunday evening and carrying into THE push through ATH thereby starting the rally
16
11
131
This is NOT how you do Wyckoff. Please stop encouraging people like this. Imagine having 700K+ followers and then posting something you clearly don’t know how to use.
18
7
128
"We expect US regulated ETFs to be the watershed moment for crypto and we expect a SEC approval by late 2023/Q1, 2024," Chhugani wrote. "Post halving, we expect the bitcoin spot demand via ETFs to outstrip miner selling by 6-7 times at peak. We expect bitcoin ETFs to be
18
34
113
Local top appears to be in. I'm looking for a breakdown of ascending support to give us a pullback toward ~$37000 on
#Bitcoin
in order to set up the next rally higher. This is my current trading plan. Price dropping below the triangle support at 35633 on this chart will
11
31
122
#Bitcoin
possible Adam and Eve double bottom in progress. Need a break out and close above the yellow line to confirm the pattern. Gives us a pattern target of the ATH area based on the height of the pattern. We will see if the pattern confirms. $BTC
13
14
120
Take a moment to honestly consider how you spend your time. How much of the day do you actually spend doing the things you need to do to be successful?
Most people, if they’re honest, will say very little. Not because they can’t but because they haven’t made it a priority.
9
14
123
If your end game for Bitcoin is selling for fiat, then you aren’t playing the right game. The truth is that most people are taught how to stay poor by government, their parents, and their social circle rather than how to create wealth. GM, folks.
35
8
121
Can we all take a moment to sit back and fully appreciate just how badly the SEC screwed up today after all the warnings about how badly crypto can screw you?
13
6
120
#Bitcoin
weekly:
1) Hit resistance at 200 MA and pull back
2) Break out impulsively above 200 MA
3) Retest 200 MA as support
If you're a breakout trader, them this is the type of retest you live for when looking for added confidence in a trade.
19
12
111
Simplified understanding
#Bitcoin
's market structure, patterns, current and 2017 ATH retest RSI and Stoch RSI readings, and ranges since 2020. $BTC
6
6
119
Now's the time to long $LINK/USDT for a bounce with the 8.10-8.26 range looking like a fine wave 2 target. Finally hit our target in Discord and printed an H1 RSI bull div.
6
11
112
If you see this $ADA chart and aren't bullish overall on it, then you aren't doing it right. We've got 343 days of accumulation and price is trying to break out now. Macro picture looks very bullish.
#CARDANO
#CardanoCommunity
#CardanoADA
6
7
114
@scottmelker
Yikes is right. Sixty years to receive 36K? That's a terrible exchange for 1M right now, even after paying taxes on it.
14
1
109
Oh, man, just did my Friday mentor session with some students and came back to some wildly emotional comments. Y'all need to breathe. It's a 61.8% pullback, in three waves, finding support so far at the S1 pivot. Break out above the red line without breaking down further means
16
10
113
Knee-jerk reaction to the CPI release saw
#Bitcoin
drop impulsively, but it has rallied back up almost to the point of breakdown. Failure to follow through lower should have traders watching for a breakout above the daily pivot, and then things could get interesting.
62
20
109
There are 5 people that I follow who have significantly different approaches to the market which all work. No one system is better than the other as, done correctly, they all work. It's all about the practitioner.
@scottmelker
@crypto_iso
@Trader_XO
@BobLoukas
@ZeroHedge_
10
11
116
There is nothing bearish about the 91 days of sideways price action in this
#Bitcoin
chart. $BTC
7
8
115
If this drop is bothering you then you likely have too much money at risk and/or you aren't using proper risk management. If your end game is a few years away, then you shouldn't even be paying attention to today's move as it will be nothing more than a blip.
14
8
114
It’s coming.
#Bitcoin
Big jump and new record high in Bitcoin hedge fund net shorts.
When this snaps, it will make Volkswagen/GME look like amateur hour
264
766
4K
11
6
113
What if I told you that the stock market and crypto have at least one more cycle in them after this one before you can start thinking about the possibility of a global depression?
38
5
112