X(Twitter)š: @josnbulls. Once a critic, now an avid crypto advocate & Investor. Blockchain & NFT enthusiast. Learning trading from the highs and lows everyday.
$HBAR $VET Not Stunned At All With The Performance Of Hedera & Vechain š šŖ This is how the Tier1 Alts move during an altseason. Those 30-50% upside in a single day is just a normal affair š„± If you haven't witnessed this in the last cycle, you have the opportunity now.
But why witness?
Coz for you it's better to regret than taking a life changing risk.
This is just the beginning, the real storm is about to come.
$XRP HISTORY HAS BEEN CREATED TODAY šæšæ šŖ And let me tell you something, the beginning of a revolution twelve years ago by the name of Bitcoin, may have sowed it's seed again in the form of XRP.
An era is about to begin. āØ
See you in ten years from now. * * * * * Bookmark this post.
$ETH Ladies & Gentlemen, We're One Step Away From The Official Confirmation Of The Altseason š„ šøšøšø Also we can witness the Btc.d getting down with every passing day.
šøFirst support has been broken & 2nd one approaching.
šøThe middle band has been broken down as well.
Get ready for the money printing season.
Possibly this is one of the most crucial months in this bull cycle.
$PEPE Now That's The Move I Was Waiting For š šøšøšø
So when I mentioned previously that we have a double confirmation and close to that breakout, you should better listen to that.
And let me add one more thing, the Bollinger Band.
The price not only tested that Bullish Fair Value Gap, it also respected the falling wedge pattern and took support on the 20EMA (magenta line) which is also called the middle band.
And the results are in front of you. Even after breaking out of the wedge, the price consolidated as it was getting rejected at $0.000022 but stayed above $0.00002. Though the consolidation lasted for 2 days but see what we got in return.
A good volume breakout. šš
So as of now I've booked some profits and kept the position open till $0.000025 which will be the next resistance zone.
$PEPE DOUBLE CONFIRMATIONS ON THE NEXT LEG OF RALLY šÆ
š„š So, we have a falling wedge on the cusp of completion and the price action is respecting it.
On the other side the bullish Fair Value Gap has been tested and the heated oversold zones have cooled off. And not to forget I mentioned that the price is going to take support on that maroon line a few days ago.
Show me one creator on Binance Square who predicted this?
Do I still need to mention that the next leg of rise is going to be humongous?
$WLD To Be Successful In The Markets, You Have To Think & Act Like The Whales šš This hourly setup of WLD proves that "When the market is directional, the opposite patterns are nothing more than traps."
Here we witnessed a pullback after the price hit the crucial resistance of $3. So a retracement was evident, also long traders pulled out the big chunks in profit. But then see how the price action is behaving, indicating a bear flag pattern. And to be more obvious a retailer will open short from that $2.9-2.75 level. All set and good to go down.
Isn't it?
That's where you have screwed up and your capital is swiped away by those institutions. Again a retailer ends up losing his hard earned money.
Look, I'm an avid believer of Technical Analysis and without that I don't execute my trades. But the thing is You have to understand the markets, you have to catch that nerve, that sentiment which is pushing things against you.
Institutions understand that and this is how they play with our money. Learn the fundamentals & Technicals, but spend some time in the market. Try to understand the behaviour.
The theory that I mentioned above stays true for a bear market as well. Things will just reverse. So learning is important, but you should be capable enough to feel the heartbeat of the market and think like those big guns.
And bookmark this post so that this may help you up somewhere in your journey.
Also if you're visiting my profile, just below this post you'll witness how I captured this entire move till $3.4 and still holding my position.
$WLD Profit Booking Spree Continues šøšø šš So here's a glimpse of my ongoing positions on Binance (both open & closed). And Man WLD has been on a wild ride!!!
And the best part is it's not done yet šÆ
Although I shouldn't have closed ENS & VET early, it had to be done to avoid liquidation in some positions. And today WLD has paid that off the other way round.
Pepe & Doge has been building up pretty well on the charts and the price action is hinting towards another leg of upside.
$XRP Almost 3 Years In The Making, What A Moment Of Truth šÆ
š„š So XRP reaches almost it's previous ATH of $1.96, a level that was last seen in April, 2021.
The recent rally signals renewed investor interest in the cryptocurrency, as XRPās price reaches a peak not seen in over three years.
I was going through an article today where the author expressed his disgust after he sold his XRP at a $ with 70% profits in hand to buy more Bitcoin. And that too after listening to some rookie influencer. And there are many more such stories floating around the social media right now.
That's why I always emphasise on DYOR and pay a little less attention to those influencers out there. I'm not saying everyone's the same, but the problem is that the majority of the retail miss out on genuine info from quality influencers and end up on crap.
And one more thing , as CZ says "If you can't hold, you won't be rich".
$GALA I Have A Theory And I Need Your Attention On This šš¼ ššš
This could actually be the craziest bull run ever.
Why?
In 2021, millions of people were exposed to crypto. Many of those retail participants have left.
But since then, the industry has had 3 more years to mature. The tech is way better now. The on-ramps are more efficient than before.
And more importantly crypto has become more mainstream. We have BTC & ETH ETFs, a pro crypto president, and unprecedented institutional demand, combined with all time low BTC supply.
Since crypto is already on retail's radar, there is less mental barrier to entry to re-enter, instead of trying to understand and learn an entirely different asset class.
Notice how quickly the attention came back when the price started moving? It's already on people's radar. This makes gaining network effect even easier/faster via the internet and word of mouth.
There are also more information sources available than ever.
Actually 2021 was the primer for something much bigger.
šÆ Now when WLD has hit that green zone and is trading above $2.5, the next price levels to watch out will be the crucial resistance of $3 followed by $3.5
On the longer time frame, the phase of a prolonged consolidation is coming to an end. Price action is doing fine, Bollinger Band is squeezing and we are in for a mammoth rally this week.
I have opened long at $2.41 and booked in some profits to minimize the liquidation at it's lowest price.
$ENS A Mega Jackpot Trade In ENS Comes To A Massive Close šøšøšø
š So what's in store for ENS in the next leg?
As we move ahead, the ongoing week has turned out to be a breakthrough. Breaking the high of the previous swing, the price has smashed all the major resistances.
Looking at the smaller time frame, expecting the price to drop to that green zone and then we can look forward to the next leg up.
All the target šÆ levels were achieved in the mentioned trade. In fact the final target literally skyrocketed and each point mentioned in that signal played well with the price action.
The final closing my trade is averaged to $22.137 because I partially closed small positions taking profits at regular intervals. But still I held the position till TP4.
$ENS Last Time When I Witnessed Such A Pattern, It Was Pepe š
šÆ These types of confirmations can boost your trading confidence to another level. As I mentioned above, it was after this candle formation Pepe took off in February this year.
If not that much, we still have a good opportunity for a swing as it already broke above $22 today and a pull back occurred to get that price level for entry.
šøšøšø Yesterday it surpassed $30, a long awaited resistance to be broken. But as the price action plays out a retest can't be taken out of context.
So as it pulls back today, the price hovers between $29-30 before the next upside leap.
I see the next milestone beyond $50. š„š
In fact an easy $60 within a couple of weeks or even before.