I'm one of them who caught that falling sword of TRB
CRYPTO MECHANIC
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This $AUCTION drop is reminding me of $TRB when it pumped to $600. Similar pattern can be seen there, Price moved up and dropped without a bounce in between.
Somehow sentiments are the same as well. People kept buying TRB as it was dropping and whales kept selling it. And now people are buying Auction since $40-45 zone while market makers keeps selling it.
Only a small little pops were there on TRB but it was failed to recover back to the highs. Not sure what Auction will do but remember that not every dip deserves to be bought.
I observed the whole Auction move yesterday. They setup a good trap before crashing it. Showed people -2% funding rate for whole day, Bounced the price from $43 to $62. I saw everyone was talking about it and was saying it will keep moving.
I feel sorry for those who lost money on it. Every market move leaves a lesson for you. Take it, Learn from it and keep moving.
The Daily & Weekly chart is still in a down trend ( Bearish ). Might be possible we see a move up Post cpi to liquidate more shorts followed by trend continuation.
Took me 2 long years to understand this simple logic. Still working on emotion control
CRYPTO MECHANIC
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Bitcoin bounced from 78,200 while many were waiting for 77k and 75k to buy.
Do you know why that happened? Why the market didn't drop $1,200 more?
It’s because the market never does what everyone expects. The majority will always be wrong, which is why most people lose money.
Now, the market is squeezing late shorts, liquidating them, and once it liquidates the majority of positions, people will start calling for a bullish move again. That’s when it will likely head back down.
This happens always, and the market will continue to do this forever.
When majority of the traders are expecting the same move. Be scared
you mean more dump ahead? cause whenever you post long signals market goes for a correction
CryptoCreekk
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BITCOIN INSANE PUMP INCOMING!!
Coin Name: #BTC☀ Signal Type : Long
As we can see, BTC was trading inside a diagonal channel, successfully broken out and now retesting it. We may see a significant rally from here in the upcoming few days towards the Trend Based Golden Pocket, which is an important level to achieve.
If I am not wrong, everything was aligning for the entire market to start a big move. The BTC.D was creating a huge Bearish Pennant pattern we couldn't notice. ( Join my Binance live for premium crypto signals )
USDT.D has been following a Bear Flag, but now it is trying to break an important area of support, I can see the weakness. We will be seeing a breakdown soon.
Trade Details:
Entry : Around 105,000 ( Join my Binance live for premium crypto signals )
TP : 123k SL : Hold
$BTC
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The coins i have in my altcoins portfolio right now. Most of you know when i added these as i publicly posted everything and I'm holding everything since then. But some of you were still asking so here it is.
There are a few more like $ETH and $SUI I'm holding on my other account for quite some time. Diversified it into different categories like Rwa , Ai , layer 2, gaming and memes.
coins i discussed on my profile i have bigger positions on these.
A few of these are random small buys just in case these coins throw a few X's.