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CRYPTO MECHANIC
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CRYPTO MECHANIC
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You're gonna have a string of losses, your only defense is Risk Management.
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Go Bigger when it's Time Level 1 is to learn how to spot high-quality setups and trading conditions. Level 2 is to learn how to avoid everything else and Go Big when your setups are here. The best traders know how to fully capitalize on and squeeze a good setup. If you can catch a good setup a week and squeeze it fully - it's all you need.
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Bitcoin clearly printing lower highs and lower lows. I know you can give it a shape of bull flag pattern but that will also require a Lower high break. As long as we don't see a higher high on Bitcoin i think the price will keep struggling between this price range. When the price action is this bad, The best strategy is either you wait for a clear direction or buy/sell at the key price levels this is something i don't recommend to those who don't have a good trading experience.
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Follower's requested chart: $WLD That recent move up was probably the dead cat bounce after so much downside. i don't want to trade this coin but if you're in , i think it should hold above $2.07 if there is more upside in it.
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Follower's requested chart: $ARB I have literally no comments for this coin. That's a brutal sell off and a poor strategy. They kept 9 billion coins on hold and now keeps unlocking it. Still sitting at $2.4 billion marketcap while the chart is looking like this.
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