$SOL BELIEVE ONLY IN TECHNICAL CHARTS AND THE MAIN INDICATORS ARE MACD & RSI.
THESE TWO INDICATORS ARE ENOUGH TO UNDERSTAND THE TREND. And additionally if you can read CMC fear & greed then that’s very enough to enter and exit the market.
I have almost sold all my SOL at the peak of market as seen in the chart because I saw fear and greed was 84 at peak and MACD and RSI were also at peak.
I bought SOL when it was 20 and sold around 260, 13 times got profit. Why ? because I entered when fear and greed was below 40 and started with DCA and then a pyramid technique of investment I used to gain the most.
Use only technical charts to enter and exit. No matter if exit is not at right time but you must be out of market with profits and not in loss. Same way no matter your entry is not right time but further fall can be captured by DCA.
I BOOKED THE PROFIT IN DOT ON 23rd November and it went ahead after that But I knew when there will be a one day crash that value will be below my profit booked value. And the same happened.
Trader’s lose everything what they earned due to Heavy Greed. They don’t see fear and greed Indicators. I booked the profits when fear and greed value was at peak somewhere 88. Now there is a drastic fall to 62 and if goes below 60 then that is neutral position. And when it goes below start investing in BTC ETH SOL XRP ADA DOT
Alt-season value is now below 50, so it’s time to start DCA who are looking long term investment. Usually you need to enter in the market when Alt-season is below the 50 and keep on doing DCA and sell it when crosses 75 to 80. But the general masses do the reverse. $DOT
BELIEVE IN CHARTS AND NOT SENTIMENTS. BOOK THE PROFITS IN SWP MODE.
I have posted many a times that book profits in Bull run because when the trend reversal takes place that also happens like a single day crash and you are either loser in profit or your capital is also washed out.
The fear and greed suggests that till level of 60 there will be some hopes of positivity. If it’s goes below 60 then start DCA in Top 10 CMC100 list of coins. The alt-coins season is at border level of 51 and a very dangerous situation. If goes below 50 then start DCA which will give you a better returns after few months.
Market cap also drastically down indicates Heavy dumping is going on and has to be because everyone needs money to celebrate Xmas. Everyone should have guessed that the Xmas profit bookings is on the cards but those who have not guessed?
TECHNICAL CHART READING IS MUST TO UNDERSTAND THE TREND REVERSALS
*Xmas Profit Bookings*
The majority of the coins already had given the red alerts of trend reversal. Those who booked the profits or windup the whole are lucky but those who because of high greed not understood the technical patterns are today in 30% to 60% loss in their portfolio. Therefore SWP systematic withdrawal is also essential. Because finally you come to same value after a crash and enjoy for not keeping any greed.
Time to prepare and enjoy Xmas for those who booked profits
Traders in XRP and BTC markets faced losses yesterday due to a combination of market dynamics and volatility. Here are the main factors: 1. Market Pullback in Bitcoin: Bitcoin experienced a pullback after nearing the significant $100,000 psychological mark, triggering profit-taking among investors. This led to a broader market sell-off as Bitcoin’s movements heavily influence the entire crypto space 2. Liquidation Events: Over $500 million in crypto futures were liquidated across long and short
During a crypto bull market, while prices are generally rising, many traders still lose money, WHY?
During a crypto bull market, while prices are generally rising, many traders still lose money, both from their profits and their capital. This happens for several reasons: 1. Over-Leverage and Greed • In a bull market, traders often use leverage (borrowed funds) to maximize potential profits, assuming prices will keep rising. However, if the market experiences a sudden dip (even a minor correction), leveraged positions can result in liquidations and significant losses.
When people say BTC.D is falling, they are referring to a decline in Bitcoin’s dominance in the cryptocurrency market. BTC.D stands for Bitcoin Dominance, which measures Bitcoin’s market capitalization as a percentage of the total cryptocurrency market capitalization.
What It Means:
1. Decrease in Bitcoin’s Market Share: • A falling BTC.D indicates that other cryptocurrencies (altcoins) are gaining market share relative to Bitcoin. • This often happens when investors are shifting their focus or funds from Bitcoin to altcoins. 2. Altcoin Season Potential: • A drop in BTC.D is often associated with an altcoin season, where altcoins tend to outperform Bitcoin, leading to a surge in their prices and trading volumes. 3. Diversification in Crypto Investments: • It suggests that the crypto market is becoming more diversified, with investors spreading their investments across a wider range of projects rather than focusing solely on Bitcoin.
Why It Happens:
• Altcoin Rallies: Increased interest in promising altcoin projects. • Stagnant Bitcoin: If Bitcoin’s price movement is less volatile, traders may look for better opportunities elsewhere. • New Innovations: Emerging trends like DeFi, NFTs, or layer-2 solutions may lead to a rise in altcoins’ popularity. • Market Sentiment: Changes in investor sentiment and risk appetite.
Implications:
• For Bitcoin holders: It could signal reduced demand for Bitcoin in the short term. • For altcoin traders: It might indicate potential opportunities for growth in the altcoin market.
Monitoring BTC.D helps traders understand market dynamics and make informed decisions about their portfolio allocation.
Out of many methods The best non risky method is investing in USDT simple earn mode which gives you the best APR than your banks.
I invested my booked profit in USDT simple earn mode which gives me nearly $1 per day as a passive income without doing anything. I received $9 in last 9 days on my investment without any trading.
The main part is the APR is cumulative on your savings.
This APR varies regularly but still better than keeping in the Fixed deposits of any Banks.
My today’s APR is 21% including 5% bonus.
At present Major coins are in consolidation mode and Alt coins are skyrocketing.
Awaiting $BTC 100K plus and chances are to touch during Xmas celebration.
I don't say that market will crash immediately but still present some heat. But still I preferred to book the profit at the right time during the present peak. My target is still 120K $BTC but it will happen after a healthy correction. Always Follow Buy on DIP and Sell on HIGH. Therefore I will wait for proper correction, expected till $BTC 88,000 #WeAreAllSatoshi
Fitch revises outlook on 4 Adani group firms to 'Negative' amid indictment
On November 20, 2024, three AGEL board members were indicted by US authorities for alleged bribery and for providing false and misleading statements to investors during a 2021 offshore note offering
Fitch Ratings has revised the outlook on four Adani Group entities to "Negative" and placed three entities under "Rating Watch Negative" (RWN) following bribery charges and the indictment of certain board members of Adani Green Energy Limited (AGEL) by the US Securities and Exchange Commission (SEC)
> Gautam Adani - Can't travel to USA > Amit Shah - Can't travel to Canada > Ajit Doval - Can't travel to USA
Despite these significant developments, much of India's mainstream media, often perceived as favoring the Modi government, has refrained from covering these issues extensively. The silence could be attributed to a concerted effort to protect the reputations of these individuals and prevent any political fallout for the ruling bharatiya janata party (BJP).
How Trump's New Tariff Policies Can Affect Asian Economies Including India
A trade war between the world's biggest economies would also destabilise markets everywhere, with Asia -- which contributes the largest share of global growth -- the most affected.
Donald Trump vowed to slap 60 per cent tariffs on all Chinese goods entering the US. (File) Tokyo: Some Asian countries stand to gain if US president-elect Donald Trump pushes ahead with his promised massive tariffs on China and triggers a new wave of factory relocations to the rest of the region. But a trade war bet
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Kenya canceled a $2 billion airport deal with Adani Group after whistleblower Nelson Amenya exposed secretive negotiations and lack of competitive bidding. The US fraud indictment against Adani chairman supported Amenya’s claims. Social media users have hailed Amenya as a hero. Nelson Amenya, the whistleblower who exposed alleged secretive dealings between the Kenyan government and Adani Group, has become a celebrated figure on social media. Amenya’s revelations about the controversial plan to l
If you study this monthly $BTC chart then the present bull run is sentiment driven and not volume driven.
The volume was high on dips during last bear market shows heavy buying took place.
The present bull run volume is not beating last two bull runs at all , indicating only sentimental driven market and therefore the chances of correction are possible without touching $BTC 100k milestones.
Mr Trumps swearing in ceremony is on 20th January and celebration of $BTC 100k in vicinity during same time makes lots of sense.
No one can predict anything about 100k milestones and it may happen anytime and then it can be followed by a deep correction as macd level already crossed last bull run level, even RSI is above 80.
Therefore booking profits (SWP) is always necessary which many investors neglect due to high greed of 5 times /10 times / 100 times profits.
• SIP (Systematic Investment Plan): Involves systematically investing a fixed amount at regular intervals. • SWP (Systematic Withdrawal Plan): Involves systematically withdrawing a fixed amount at regular intervals from your investment, typically to create a steady cash flow.
I invested systematically and now I have withdrawn also systematically.
I have booked my first level of Profit.
We do SIP but we never do SWP because of the greed. No one knows where this bull market will end. Therefore when we buy on dip then we must book profits on high.
Because when the dumping starts , within a month 20-40 percent fall is witnessed as per the past history and your profits are erased.
We enter to earn money , so profit booking is required