Gary resigning is the most bullish news for $XRP | CRYPTO MECHANIC en Binance Square

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Gary resigning is the most bullish news for $XRP 

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Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.

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In the current environment, the market changes its bias every day. The crucial skill and approach to focus now is Flowing with the market. Who is currently in control? Where is the momentum going? Stop forecasting and marrying biases. Just go with the flow.

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I can understand why some of you get salty when i say something bearish about the market. But it's just me giving you my realistic views about the market. I started talking about market weakness since late december or early january. I was invested that time and decided to cut my trades in a loss well wasn't really a loss but i gave back some gains as market was heading down then i waited for the right time to enter and made it all back by playing the capitulation bounce on Feb 3. The attached screenshot is my PNL from December to feb. The reason why most of the traders fail. They don't dare to cut losses. They marry with their bags for forever. Most of the Alts are down another 50% where i sold which is not a small number. I will continue to do what i do. It doesn't really matter if a few internet people get mad at me. I just can't show you dreams like others do that there will be an Altseason or the market will pump hard. It will take time for you to understand how important it is to adopt the market trends but i hope you do it soon.

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Weak Market Vs Capitulation Within the Weak Market Weak Market: When Price continuously makes lower lows. It provides small bounces in between just to make another low. It's the kind of market where traders give back their gains. This is the kind of market condition that you can always avoid because it doesn't have volume and moves are mostly weak. (Shorts squeeze driven). Capitulation Within the weak market: This is the best part of a weak market that you can use as an opportunity. This is where most traders get liquidated on their trades, Their Stop-losses gets triggered. Or they give up on their positions because the market was just slowly bleeding down and not moving. it's very likely that a capitulation event will provide you a relief bounce up and sometimes it's the Bottom. This is what i personally do, When the market is weak and there is no volume. I simply sit on the sides and watch the market doing its thing. Remember the best trading strategy is knowing when it's the right time to trade and when it's not to.

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Not sure if it will come but that zone is really a sweet SPOT on $SOL 😀

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I teach you a simple strategy. When price breaks a key zone just shift your bias and it will save you a lot of money. i talked about this $HBAR zone multiple times and it's still struggling below that leve.

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