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Don’t, not yet. Sit it out for now. Check out my latest post where I discuss this in more depth! 😊

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zonjon

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whats your thoughts on buying the dip now with a long-term mindset ..no trading or anything of that sort just buying and hoarding for the long run

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BITCOIN UPDATE ! Alright, let’s dive into Bitcoin. Right now, BTC is hovering around $93k coming down from those $100K highs we saw not too long ago. Over the weekend, it dropped below $96K, even hitting an intraday low of $92,072. That 50-day SMA at $91,830 has been a key level where buyers have stepped in, but on the flip side, it’s struggling to stay above the 20-day EMA at $99,102—a sign that bearish momentum isn’t done yet. There’s still a lot of selling pressure in the market. Support at $92,600 looks solid for now, but if it breaks, the next stop could be $88,943. On the upside, resistance around $96K and $99K is what we need to break through for any bullish momentum. One thing to note—big players like MicroStrategy are still buying aggressively. They just added over 5,000 BTC to their reserves, which speaks volumes about long-term confidence. On the shorter-term charts, though, RSI is showing oversold conditions, but there’s no clear sign of a reversal yet. So, what’s the play? Stick to spot trades and DCA smartly. Entries between $85K–$93K are still valid, and my targets remain at $95K, $97K, $99K, and $108K. Don’t go all in, though; with the volatility we’re seeing, it’s not the time to take unnecessary risks. If you’re tempted by leveraged longs, think twice—this isn’t a market to get overconfident in. For now, patience is key. I’ll keep an eye on things and update if I see any fresh opportunities. Follow my lead copy trading account for real-time updates. Let’s stay sharp.$BTC $BTC

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BTC Spot Opportunity! 🚀 Here’s a spot swing trade setup for BTC that I’m eyeing: Entry Range: • First entry: $93,000 • Second entry/DCA: $85,000 DCA Strategy: • Allocate 1% of your portfolio at the first entry. • Allocate 2% at the second/DCA level. Targets: • $95,000 • $97,000 • $99,000 • $108,000 Why This Trade Makes Sense BTC is approaching major support levels on higher timeframes. RSI is reset and forming both bullish and hidden bullish divergence across multiple timeframes—a strong signal for an upcoming bounce. The $85,000–$93,000 range represents a bullish retest. I’ve included a deeper DCA level at $85,000 for any potential downside wicks. While I don’t expect us to drop that far, having those orders in place ensures you’re prepared for any surprises. Why DCA? This approach reduces risk and ensures you’re not overexposed. Entering with 1% at $93K gives you initial exposure, while the 2% allocation at $85K ensures a stronger position if we see a deeper pullback. Manage Risk, Don’t Be a Hero With the volatility we’ve seen lately, smart risk management is key. Stick to the plan, avoid overexposure, and let the setup work for you. Stop Loss: I’ll update this trade in real-time. Stay tuned. You can copy my trades directly here by following my lead copy trading account. Click here to copy my trades and 🚀💰. Let’s trade smart!$BTC

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Thank you. Same to you!

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Why Fibonacci Isn’t Working for You You wake up, coffee in hand, and spot a setup. Confidently, you draw Fibonacci retracements—61.8%, the “golden ratio.” You place your trade, wait… and price blows right through. Frustrated, you try again. Same result. Is Fibonacci broken? No—it’s how you’re using it. Why Fibonacci Fails You: 1. Misreading Trends: Using Fib on minor moves while ignoring the dominant trend leads to errors. Zoom out first. 2. Ignoring Volume Price Analysis: Price action without volume insight is half the story. VPA confirms if levels are valid. 3. Over-Reliance: Fib alone isn’t enough. Combining it with other tools boosts accuracy. 4. Poor Placement: Misaligned highs and lows mean unreliable levels. 5. Forcing Setups: Seeing patterns that aren’t there turns probabilities into losses. The Fix: • Use Volume Price Analysis (VPA) to confirm levels—if volume doesn’t support price action, skip the trade. • Align Fib with the dominant trend for accuracy. • Combine with tools like RSI or moving averages for added confidence. • Stick to strict risk management every time. Want to see Fibonacci work with precision? Follow my lead copy trading account, and let’s grow together. Click here to copy and 💰🚀. Cheers!

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