Still DCAing on $ETH ! 🚀 Allocating 6,843.21 FDUSD every 8 | RideTheWave on Binance Square

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Still DCAing on $ETH ! 🚀
Allocating 6,843.21 FDUSD every 8 hours via Binance Auto-Invest. 
Total invested: ≈ 171k USD.
Currently down -978.50 USD, but staying the course until $ETH breaks its ATH.
Follow my journey!

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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Long $SOL at 137.750, aiming for a quick rebound! - Take profit set at 146.650, right around key resistance levels (MA60/MA120). - Stop at 138.15 to minimize risk if momentum falters. - RSI shows oversold, looking for a bounce from here. Let’s see how this plays out—short-term recovery in sight! #Solana #CryptoTrading #DayTrading

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📈 $BTC Long: Entered at 60,405, targeting 61,473 for a short-term rebound. - Rejection at 61,723 (MA 200) shows strong resistance, with momentum shifting to a potential bounce. - RSI oversold and price consolidating near support, signaling a possible move up. - Watching for a rebound to key MA levels before further breakdown. Plan: Take profit at 61,473 and exit if price drops to 60,561, locking in profit. Risk-to-reward ratio of 1:6.8, making it a favorable setup. Let’s see how it plays out! #CryptoTrading #Bitcoin #DayTrading

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$EIGEN Short Update As predicted in my previous post, the $EIGEN short-term bottom touched $3.675 (and even dipped to $3.636). My auto-exit, however, kicked in at $3.837. In hindsight, $3.675 wasn’t just a good profit target for my short; it was the perfect pivot point to go long (short term). However, seamlessly switching from short to long is tricky, and I’m still working on honing that skill. No regrets—protecting capital always outweighs chasing profits, especially in the crypto world. Safety and strategy first! #CryptoTrading #EigenLayer #ShortTrade #RidkManagement #TradeSmarter

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📉 $EIGEN Short: Entered at $4.023, targeting $3.675 for a short timeframe trade. - Rejection at $4.044 shows short term resistance, momentum shifting to bears. - Break below $4.00 confirms bearish pressure. - MACD cooling off, RSI neutral—expecting more downside. Plan: Exit if price bounces to $3.837, locking stop profit at $3.675. Quick move on this setup! #CryptoTrading #EigenLayer #ShortTrade #DayTrading

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Entered $BTC at $62,000, now targeting $62,900 Low Timeframe Play: - Currently hovering near key MAs (MA120 at $62,084, MA200 at $62,265) acting as support/resistance. - Rejected at $64,448 with lower highs forming—short-term bearish sentiment remains. - RSI trending down, indicating selling pressure hasn’t eased. - MACD signals weakening bullish momentum, with a bearish crossover on the horizon. Risk management: - Stop loss at $61,430 - Stop profit at $63,150 Looking for a push towards $62,900 before hitting potential resistance. #Bitcoin #TradingStrategy

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