i shared the whole plan with you. pullback from the key zone to the entry zone. Worked out perfectly 🤝
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$DOGE Goes up 50% without any pullback, Currently sitting at key zone. I don't really think its a wise decision to buy at this price a pullback under $0.1300 can provide a better opportunity.
$BTC $70k - $72k is probably the last big hurdle In my last bitcoin update i said if you were not bullish at $60k and missed your entry you don't have to chase it at around this key zone.
Now that price is here i think a better trade opportunity will be a pullback into $64k -$66k zone or once price holds above this zone.
$SEI showing the weakness like every other Altcoin. I did say last week there is no trade setup on it. Price is currently sitting at the key zone.
I still have my position on it, didn't add anything more. If price closed below this zone i will simply cut it as there will be no reason.
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$SEI Consolidating under a key zone after a move up. No trade setup on it right now unless we see a Daily break and close above $0.4800 or a pullback under $0.400 once again.
I already have a position on it and i haven't touch it yet.
$WLD Failed to hold that zone, Altcoins market is showing weakness against BTC moving. technically it's not a good looking chart now unless price reclaim that $2.200 zone.
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$WLD update As long as price is holding above $2.07 - $2.200 zone i think the chart looks fine .
A pullback into that zone can provide a good entry.
$DOGE nicely provided that pullback under $0.1300 and bounced.
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$DOGE Goes up 50% without any pullback, Currently sitting at key zone. I don't really think its a wise decision to buy at this price a pullback under $0.1300 can provide a better opportunity.
Bitcoin chart looks Absolutely fine while Altcoins are taking the hit. Price retested that broken high last week and bounced. I think $65k is going to play a key role going forward. As long as price is holding above it $BTC is fine.
$70k-72k highs remains as strong resistance but price will break it eventually if it continue to show the strength.
People always ask when altseason will start and i always answer it will never happen. Those big accounts you see on the internet talk about Altseason are just selling you dreams.
i have seen many bull runs. 2017-2018 was one of the best because not many coins were there, not many coins were available to trade on futures , most of the coins were only available to trade in bitcoin pairs and everything was pumping at that same time.
Right now it's just a money rotation. People are jumping from one narrative to another. Actually most traders are now interested in trading memecoins because of the rate of return.
I personally think it will go on like this. i don't think 2017-2018 Altseason will ever be back. You have to put in the hard work to find which narrative will do well. Otherwise many people will be left behind waiting for their Altcoins to pump.
Just because you are a "trader", that does not mean you should actively trade and stare at charts 24/7. Sometimes, there are just no setups. If you know your edge, you know when to step aside. This is the Capital Protection and it's the major part of trading, that many haven't mastered.
Trading, when you should not, could be your biggest performance killer.
This is exactly what happens when a projects gives out so much supply . $HMSTR , $CATI and $DOGS were telegram airdrop and was given out to millions of users.
More or less doesn't matter each sell has a psychological impact on traders. When they see some sells coming in, it makes them panic and they sell their bags.
These charts are a representation of millions of airdrop participants taking out whatever they can. Down 60% on Average.
If you keep working on yourself learn how to trade and find a profitable system for you. There will be a time you will stop caring about other people opinions. I can tell you that's the best time. As a trader you should be more confident on yourself rather than just depending on others opinion.
And confident comes when you work on something and you know what you're doing.
Bitcoin and other Crypto witneesed a sharp dip down because there is news circulating that the US Government launches investigation into USDT crypto firm Tether.
It's not the first time they're coming for tether (USDT). I've been watching it since 2016