We’ve seen another daily close below the main level on BTC.D, which signals a significant shift. With this crucial close in place, today’s candle closure becomes even more important, as it could lead to a capitulation candle—a key indicator of a serious change in altcoin momentum.
Recently, I experimented with spot grid bots to simplify my trading strategy. I set the lower limit to match my stop loss and the upper limit slightly higher than my final take profit, allowing for a potential runner. The trigger price was set to my desired entry point, creating a setup that resembles a futures trade where you can let it run autonomously. While setting stop losses and take profits in spot trading can be more complex compared to futures, this method has made the process much easier for me. I hope this insight proves helpful to you all!
I’ve set up a limit entry for $GMT between 0.1312 and 0.1080, with a stop-loss at a 1-day close below 0.1. The setup shows a strong pennant pattern and a breakout from lower timeframe consolidation. The first limit is positioned on the retest, which aligns well with the 50 EMA, quarterly VWAP, and the 0.5 Fibonacci level.
Many coins pumped right after I closed all my trades, so yes—I missed out. But I'm playing it safe; the market can turn south at any moment. The smartest move right now was to avoid unnecessary risk. If you took the chance and made profits, kudos to you!
I'm closing all trades to de-risk my portfolio in light of the upcoming elections. Historically, the market trends down post-elections, so I'll be resuming trading afterward.
I'm entering $1MBABYDOGE at the market price. The TP targets are set at 0.0023492, 0.0025910, 0.0027206, and 0.0028948. To manage risk, I’ve placed a stop-loss at 0.0016324.
The recent market downturn appears to be driven by news of a U.S. investigation into Tether (USDT) and the ongoing Iran-Israel conflict. Despite the turbulence, I'm holding my positions with confidence that we'll see a recovery soon.
I am currently taking $ATOM , with an initial entry at 4.572. I plan to DCA at 4.398 and 4.302, maintaining equal positions at all three entries. My stop-loss is set manually for a 4-hour close below 4.232. The targets I am aiming for are 4.772, 5.002, 5.392, and 5.994. This decision is based on a retest of the 4-hour support at 4.4, along with the alignment of the daily 12 EMA and the quarterly VWAP.
I'm currently looking at $THETA with an entry at market price and will be DCA'ing between 1.2800 and 1.1980. My targets are marked on the chart with a stop loss at 1.14 to manage risk.