@PhoenixxDown@Neo_Tokyo_News@rektcapital@readyplayerh@BobLoukas@citizenNEO1337@Franck_1698 Can't call Bottom
Trade the Price Action as it emerges
Zoom out for key level
HTF 18k (78.6% fib retracement), we lost that.
Unless we reclaim it
Next big level $11.6k (88.6%)
Along the way, we have $15.6k & $13.8k
Macro conditions are weak.
Bear Market rallies will wreck you
10 #crypto Lessons from 2022
1. Investing should not be treated as a Hobby
2. Learn to manage your FOMO(Fear of Missing out)
3. Know your Risk Appetite — It hurts when it is real
4. Important to book your gains
5. Even Experts can’t predict what will happen next DYOR
Preparing for 2023.
My twitter feed is a mess and not actionable.
Spent a few hrs making Twitter lists - still more to go.
Will share how I am making my lists hopefully, they will help others too.
Alt's can go down 50% from here - Don't Chase.
Why:
- Strong macro headwinds - the recession is real
- FTX saga is not done yet - Genesis is super quite
- Liquidity is scarce in uncertain times
Weekly Chart for Total 3 (ex BTC/ETH): Next big support is ~50% down.
The way to avoid pump and dump is to not buy into it in the first place.
- Rule 1 of risk management is: don't take unnecessary risks.
- Rule 2 of risk management is: don't make mistakes.
- Last rule of risk management? Follow rule 1 & 2
SSR = Significant Support & Resistance
- SSR is a flip zone tested many times
- Retail traders put stops = Liquidity
- Opportunity to manipulate before continuing trend
- Market Makers come back often
@Crypto__Ken @levialon@CrypNuevo