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CRYPTO MECHANIC
@CRYPTOMECHANIC
Trading Crypto Since 2016 | Mainly Focused on Technical analysis 🟢 Twitter @cryptomechanicX
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Blessed to be recognized by Top Crypto exchange Binance
two years and we got 3 Awards
I wouldn't take any credit because it wouldn't be possible without your love and support and i would like to dedicate these awards to my followers. You all are like my family. ❤️
I will continue to bring value in your trading journey.
Thank you for your support ❤️
two years and we got 3 Awards
I wouldn't take any credit because it wouldn't be possible without your love and support and i would like to dedicate these awards to my followers. You all are like my family. ❤️
I will continue to bring value in your trading journey.
Thank you for your support ❤️
Sold my $XRP position i got yesterday after Gary resigned. Still holding my old position on it.
Will continue to ride that one and may add back if it gives pullback.
Will continue to ride that one and may add back if it gives pullback.
What percentage of your portfolio is in Altcoins ?
0 - 25%
25 - 50%
50 - 75%
All in
15 απομένουν ώρες
SAVE IT BECAUSE YOU NEED IT
Today i will share with you one of the easiest ways to trade when the market is bullish and you missed the initial move on a coin.
1- Wait for the price to consolidate around the high
2- Draw a line on that high
3- Entry when the price will close a candle above ( Depending on the timeframe you're watching)
4- Continue to ride it towards the next possible level.Where will be your invalidation ?
The same area that you choose for your buy will be your invalidation
if the candle closes back below that high, this means the breakout is fake and now you should be managing your risk and exit the trade.
Read the details on both pictures.
The strategy will work perfectly if you apply it in an uptrend/bullish market not in a downtrend/bearish market.
Today i will share with you one of the easiest ways to trade when the market is bullish and you missed the initial move on a coin.
1- Wait for the price to consolidate around the high
2- Draw a line on that high
3- Entry when the price will close a candle above ( Depending on the timeframe you're watching)
4- Continue to ride it towards the next possible level.Where will be your invalidation ?
The same area that you choose for your buy will be your invalidation
if the candle closes back below that high, this means the breakout is fake and now you should be managing your risk and exit the trade.
Read the details on both pictures.
The strategy will work perfectly if you apply it in an uptrend/bullish market not in a downtrend/bearish market.
$ENA
A good looking weekly chart, Price broke above the weekly consolidation
- Holding above it now
- Current weekly candle broke the low of last week and bounced
The chart is positive and can expect more upside as long as it holds the structure.
A good looking weekly chart, Price broke above the weekly consolidation
- Holding above it now
- Current weekly candle broke the low of last week and bounced
The chart is positive and can expect more upside as long as it holds the structure.
Don't say i didn't tell you about $SOL
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Every time i see this $SOL chart it reminds me of $BTC chart.
Can you see the similarities ?
Can you see the similarities ?
Got the opportunity to ask a question from Binance CEO "Richard Teng" what advice he would give to people who are just entering the crypto market and here is what he says.
We are still at the very early stage of crypto mainstream but before anybody start their crypto journey there are three important things to consider.
1- Take time to understand crypto and blockchain. There are many best sources including Binance Academy which is free and constantly updated. .
2- Explore the different chains and protocols.
3- Do your own research Do not fomo, specially while the market is heating up
3- if you want to try Start small while you learn and use a reputable platform like Binance.
We are still at the very early stage of crypto mainstream but before anybody start their crypto journey there are three important things to consider.
1- Take time to understand crypto and blockchain. There are many best sources including Binance Academy which is free and constantly updated. .
2- Explore the different chains and protocols.
3- Do your own research Do not fomo, specially while the market is heating up
3- if you want to try Start small while you learn and use a reputable platform like Binance.
$ETH catching volume can be a good sign for other Alts
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Expecting ETHBTC pair to find a bottom around this zone.
Meanwhile $ETH USD holding well above $3000 so i think there will be one more move up.
Meanwhile $ETH USD holding well above $3000 so i think there will be one more move up.
I haven't sold any of my Altcoins. Most of you know I'm positional trader. i do not trade to catch small moves.
You know how i played $BTC from around $60k levels.
My aim is to catch the same swing on Altcoins. it may take a few weeks and i don't really care. This is how positional trading works.
If i get a chance to get Altcoins lower I'll happily add more but i know what I'm aiming for.
You know how i played $BTC from around $60k levels.
My aim is to catch the same swing on Altcoins. it may take a few weeks and i don't really care. This is how positional trading works.
If i get a chance to get Altcoins lower I'll happily add more but i know what I'm aiming for.
This meme coin "Chill guy" is everywhere on social media and it hit a $500 million marketcap yesterday, But guess what ? The logo is copied.
The artist came out and said in his tweet that i am going to Sue them as they used my art for profit related things.
Not only that , in response the Chill guy tweeted an address and asked for donations that will be given out to the chillguy Artist.
People are now sending their donations to that wallet and as of now it received 450 thousand dollars.
The artist came out and said in his tweet that i am going to Sue them as they used my art for profit related things.
Not only that , in response the Chill guy tweeted an address and asked for donations that will be given out to the chillguy Artist.
People are now sending their donations to that wallet and as of now it received 450 thousand dollars.
Many of you are asking me or wondering why bitcoin is going up while Altcoins are going down only.
I'll drop some thoughts about why it is happening.
1- When bitcoin leads Altcoins least likely to follow, This is how the money flows into crypto it goes into Bitcoin first and then likely into Altcoins. But it will always be difficult to find which Altcoin or category will perform as there are now so many options.
2- Big players are more interested in buying bitcoin.
3- Like i said People now have so many options to trade, so maybe the one I'm holding or you're holding doesn't go up at all. so it's always better to have the ones that are getting some volume and are in a clean uptrend.
4- It's always the retailers who pump altcoins and they are now more interested in meme coins.
There was a time when people were chasing Altcoins on leverage trading but now they got the bigger gambles "memecoins"
I think these are the few factors affecting the Altcoins market. Good Altcoins will eventually do well imo.
what do you think about it ?
I'll drop some thoughts about why it is happening.
1- When bitcoin leads Altcoins least likely to follow, This is how the money flows into crypto it goes into Bitcoin first and then likely into Altcoins. But it will always be difficult to find which Altcoin or category will perform as there are now so many options.
2- Big players are more interested in buying bitcoin.
3- Like i said People now have so many options to trade, so maybe the one I'm holding or you're holding doesn't go up at all. so it's always better to have the ones that are getting some volume and are in a clean uptrend.
4- It's always the retailers who pump altcoins and they are now more interested in meme coins.
There was a time when people were chasing Altcoins on leverage trading but now they got the bigger gambles "memecoins"
I think these are the few factors affecting the Altcoins market. Good Altcoins will eventually do well imo.
what do you think about it ?
$SUI Breaking below the consolidation zone.
it's a sign of weakness as long as price doesn't bounce back above the broken lows.
it's a sign of weakness as long as price doesn't bounce back above the broken lows.