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glneto
@glneto
Hello I'm glneto and I'm a developer on Cardano blockchain. Supports and resistances mentioned are zones. Please always DYOR after reading my thoughts here.
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$BTC broke the $35900 resistance. Maybe this is the time for $ETH to finally move towards $2500 😂 I'm long now for ETH, LINK and APT
$BTC broke the $35900 resistance. Maybe this is the time for $ETH to finally move towards $2500 😂

I'm long now for ETH, LINK and APT
$BTC reversal or correction? If we pass through $35900 zone it may have been a correction and the upward trend may continue. If we can't break through this zone it's likely that we will see further drop. I'd stay out at this point but if you want to bet make sure to set stop loss in those zones
$BTC reversal or correction?

If we pass through $35900 zone it may have been a correction and the upward trend may continue.

If we can't break through this zone it's likely that we will see further drop.

I'd stay out at this point but if you want to bet make sure to set stop loss in those zones
High risk / high reward $PEPE broke out the resistance zone around 0,00129 now with targets 0,00137 and 0,00145 Stop loss below 0,00124
High risk / high reward $PEPE broke out the resistance zone around 0,00129 now with targets 0,00137 and 0,00145

Stop loss below 0,00124
Got stopped on my $SOL position but now $BTC held strong on 36.8k support zone. Got back in at $49,19 now with first target $52
Got stopped on my $SOL position but now $BTC held strong on 36.8k support zone.

Got back in at $49,19 now with first target $52
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Bullish
$SOL breaking through resistances. If we pass through $52,02 we could aim for $55 at least. Stop loss $49,95
$SOL breaking through resistances. If we pass through $52,02 we could aim for $55 at least.

Stop loss $49,95
Closing this $SOL position with Avg. price of 41.86 with gains ~8%. Seeing a strong resistance around the $42.1 zone right now after almost reaching our final target $42.8 ($42.78 was the highest price) and will have to be offline for a while. Still hard to know what will happen here with $SOL - If we break through 42.8 we could see $44+ but felt better to sit out and watch for a while. Right now have my eyes also on $ETH and $RUNE
Closing this $SOL position with Avg. price of 41.86 with gains ~8%. Seeing a strong resistance around the $42.1 zone right now after almost reaching our final target $42.8 ($42.78 was the highest price) and will have to be offline for a while.

Still hard to know what will happen here with $SOL - If we break through 42.8 we could see $44+ but felt better to sit out and watch for a while.

Right now have my eyes also on $ETH and $RUNE
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Bullish
#TipsForBeginners for short term trades When making a trade always follow up with your stop loss to guarantee profits. Crypto has a very volatile market where things can turn around very quickly and suddenly your 2% gain can become a 2% loss. The challenge here is to set up your stop loss trigger far from price fluctuations that does not necessarily mean a trend reversal while always having in mind that this is a common strategy, which means that subsequent stop losses can be triggered causing a heavy dip in a few minutes followed by another subsequent buy limit orders that send the price up again. In the $SOL trade below we can see in points A and B that I could have been stopped if I had my stop loss too close from previous short term supports. My stop in that case is set to $41.205 (the red dotted line) which I consider is inside the support zone but considerably far from the support starting line (lowest $41.352). Of course sometimes you will see your stop loss being hit and 15 minutes after see an upward movement, it happens, but I can assure you the stop loss is your friend and will guarantee your profits most of the times while also reducing your anxiety and preventing you from looking at the chart every 30 seconds. 😂
#TipsForBeginners for short term trades

When making a trade always follow up with your stop loss to guarantee profits. Crypto has a very volatile market where things can turn around very quickly and suddenly your 2% gain can become a 2% loss.

The challenge here is to set up your stop loss trigger far from price fluctuations that does not necessarily mean a trend reversal while always having in mind that this is a common strategy, which means that subsequent stop losses can be triggered causing a heavy dip in a few minutes followed by another subsequent buy limit orders that send the price up again.

In the $SOL trade below we can see in points A and B that I could have been stopped if I had my stop loss too close from previous short term supports.

My stop in that case is set to $41.205 (the red dotted line) which I consider is inside the support zone but considerably far from the support starting line (lowest $41.352).

Of course sometimes you will see your stop loss being hit and 15 minutes after see an upward movement, it happens, but I can assure you the stop loss is your friend and will guarantee your profits most of the times while also reducing your anxiety and preventing you from looking at the chart every 30 seconds. 😂
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Bullish
Still strong on this $SOL long 🚀 We already hit 2 targets and bumped into the $42.1 resistance zone but I'm still confident in the $42.8 target since we are already retesting it. Right now I have a stop loss set on $41.2 to guarantee profit (around 5% with no leverage) in case things turn sideways, but if you are a bit more aggressive you can keep the stop loss on $40.8 and aim for the big prize. If we pass through $42.8 we could aim for the ~$44.2 and even for ~$45.4 zone
Still strong on this $SOL long 🚀

We already hit 2 targets and bumped into the $42.1 resistance zone but I'm still confident in the $42.8 target since we are already retesting it.

Right now I have a stop loss set on $41.2 to guarantee profit (around 5% with no leverage) in case things turn sideways, but if you are a bit more aggressive you can keep the stop loss on $40.8 and aim for the big prize.

If we pass through $42.8 we could aim for the ~$44.2 and even for ~$45.4 zone
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Bullish
Going with a SOL long around 38.8$ with targets ~39.8$, ~40.8, ~42.8 A support is starting to form in the 38.5 zone, will set my stop loss to ~37.7 because if we go below that it's hard to tell when it will stop #SOL
Going with a SOL long around 38.8$ with targets ~39.8$, ~40.8, ~42.8
A support is starting to form in the 38.5 zone, will set my stop loss to ~37.7 because if we go below that it's hard to tell when it will stop
#SOL
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Bullish
Feeling like people are starting to consider 34k$ a good entry point. Crazy how less than a month ago I would consider 29,300$ too expensive. I know many people are considering opening short positions but I wouldn't consider that unless we break below 33,3k support, which seems very unlikely to me. Overall I still feel like 36k is not the final resistance of this movement considering the slight rising support situation we are seeing. These are just my feelings and analysis considering current market conditions so make sure to DYOR because this is NFA. #BTC
Feeling like people are starting to consider 34k$ a good entry point. Crazy how less than a month ago I would consider 29,300$ too expensive. I know many people are considering opening short positions but I wouldn't consider that unless we break below 33,3k support, which seems very unlikely to me.

Overall I still feel like 36k is not the final resistance of this movement considering the slight rising support situation we are seeing.

These are just my feelings and analysis considering current market conditions so make sure to DYOR because this is NFA.

#BTC

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