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Market Update:
Though I've stated this in previous posts, my current expectation is for weak bullishness near term followed by a strong break down before we put in a significant low.
Though I've stated this in previous posts, my current expectation is for weak bullishness near term followed by a strong break down before we put in a significant low.
Though a wont go into detail here, a few simple reasons for bearish outlook are as follows:
- impulsiveness is with the bears, continuing to see weak responses from bulls
- macro descending triangle structure on $BTC
- #alts in steady downtrends, still calling for lower targets
- impulsiveness is with the bears, continuing to see weak responses from bulls
- macro descending triangle structure on $BTC
- #alts in steady downtrends, still calling for lower targets
Until we see high probability bottoming structure, trying to buy every dip is a net losing strategy. Don't fish for bottoms unless they're extremely obvious. Though potential reward is high, it's a bad play risk adjusted.
Micro Update:
As mentioned in previous posts, I’m expecting further upside near term. Looking at a short squeeze to the mid $7300’s before either pullback or reversal. Expecting upside on #alts too. $BTC
As mentioned in previous posts, I’m expecting further upside near term. Looking at a short squeeze to the mid $7300’s before either pullback or reversal. Expecting upside on #alts too. $BTC
I don’t have a specific target on $ETH, but if we reach $304 I'd consider opening a short scalp. Profit would be taken rather quickly, and stop loss would be moved to heightened base price. Will explain rationale + strategy later.
The chart pictured annotates a few things I'm looking at atm. 128 Day MA has been significant almost every time price has come into contact with it for years. Daily TD 9's have been useful in recent history. Confluence between price target and prior consolidation zone.
Pourquoi avoir une stratégie de cash out?
Il est important tout au long de la montée de vendre vos profits en #bitcoin ou #altcoins dans le but de sécuriser vos gains. Bien qu'on voudrait toujours tout laisser en #crypto, un gains qui n'est pas encaissé n'est PAS un gain.
Il est important tout au long de la montée de vendre vos profits en #bitcoin ou #altcoins dans le but de sécuriser vos gains. Bien qu'on voudrait toujours tout laisser en #crypto, un gains qui n'est pas encaissé n'est PAS un gain.
Premièrement, il faut déterminer des objectifs de ventes pour vos $BTC ou #altcoins (avoir plusieurs prix de ventes) et s'y tenir. Même si la hausse semble vouloir continuer, ne soyez pas gourmand et respectez vos plans. C'est plus facile de perdre que de gagner.
Vos 3 possibilités lors d'un bullrun:
1 - Sécuriser des gains en FIAT.
2 - Déplacer vos profits dans les #alts.
3 - Sécuriser ce que vous voudrez réinvestir en $USDT.
Généralement, je fais les trois.
1 - Sécuriser des gains en FIAT.
2 - Déplacer vos profits dans les #alts.
3 - Sécuriser ce que vous voudrez réinvestir en $USDT.
Généralement, je fais les trois.
1/ It seems every #trader has to do the same mistakes as their predecessors. There are #wisdowms you will only understand, if you have experienced them yourself. In this thread I will give you the #wisdom, which can make the difference between being broke and driving lambos #btc
#ALTS $ALTBTC - TOP 10 (Large caps)
