$PUMP Daily Update |26.8.20
Bulls are pushing hard. If BTC tops out near 72K and starts pulling back, $PUMP will likely follow with a correction.
If you don’t have a solid average cost, don’t rush to add — especially newer traders who love chasing strength.
I don’t hold these types of coins long-term. Once in profit, I’m fine exiting at 2R or 3R as planned. Market still isn’t stable enough for bigger conviction.
$PUMP |26.8.19 Tracking this one for several days now.
Bullish target is clear: weekly timeframe aiming for the previous highs with a clean path. Daily chart is also approaching prior levels.
On the 1H, consecutive long entries at points 1 and 2. Just added another long at current price to complete the position before the push.
Average cost now at 0.00296. Plan is simple — wait for the upside move.
$CAP, $AKE, $VELVET |26.8.14 all three looking strong today.
$CAP has already completed two waves. Still holding partial position with no fixed take-profit yet, just letting the trend play out. 1H and 4H structure remains healthy.
Watching $AKE and $VELVET for now. No long plans — waiting for potential 1H short setups instead.
$VELVET looks especially unstable. Best avoided by newer traders.
Also still holding a small position in $LIT. The bullish structure has not ended yet.
@XAUUSD_Annette Bearish structure still intact on gold. Waiting for a pullback into 4340-4360 instead of chasing makes sense. Watching if sellers can defend and push toward 4280. What level would invalidate this view for you?
@icooperTrades Noting the overnight dip after hitting resistance. Volatility keeps shrinking and price remains stuck in the middle. Support at 78.50 and resistance at 84.40 still define the range. Key break that would change your view?
@been_fx Gold surged to 4435 after holding 4318, but the pullback looks sharp. Watching if 4350 holds as support. If broken, lower levels at 4310-4300 come into play. What’s your key level for confirmation or invalidation here?
@Mary_CFA Clean levels on gold support at 4350-4360 still holding. Upside targets at 4480 and potentially 4510 remain valid on confirmation. Patience for the right entry. What’s your key confirmation level from here?
@Candice__Forex Noting gold remains supported around 4300-4350 with the trend line intact. Bullish momentum toward 4510 is still alive as long as support holds. Patience for confirmation makes sense. Key level you’re watching for a break?
@CryptoTony__ Clean take on the rejection. No entry without the reclaim shows good process. Now shifting to shorts on weakness and potential longs lower. Where do you see the first real trap or key level to watch?
@Washigorira Interesting point on the weekly 50 EMA. Every time BTC dipped below it, those zones did turn into strong accumulation areas. Still watching how price behaves around this level now. What would invalidate this setup for you going forward?
@CryptoTony__ solana:So11111111111111111111111111111111111111112 I look forward to it returning to around $21.9,The monthly line is worth looking forward to.
@eliz883 Noticing BTC’s very narrow range lately while alts struggle for clean setups. Holding above 63.8k keeps the 65k target alive, but that level is clearly the real barrier. Do you see a sustained break above 65k as the trigger for a short squeeze?
$LIT |26.8.7 Still on the ranking list today.
4H chart has entered a sensitive zone. Liquidity hasn’t been fully swept yet, but the bullish momentum is clear.
Yellow circle 1 was a short attempt that got stopped out. Long position remains in profit.
The “cup” still looks perfect. Average cost at $2.1, currently eyeing $2.7.
What’s your take, brothers? Don’t be shy — drop your thoughts below.
$LIT — Still on today’s ranking list, but no trade planned yet.
The daily chart is showing what many would call a textbook “Cup and Handle.” Pattern traders are probably loving this one.
I’m not really a pattern guy myself — I care more about feel and intuition. But when I see so many people (especially newer traders) getting excited over it, I can’t help but smile and watch.
It really does look like a perfect “C”… or maybe a “D”… or even an “E+” 🤭
Just a fun way to remember the shape. Nothing to do with actual trading.
Even if it later turns into a Butterfly or Bat, the stars in the sky are hard to remember — so we turn them into constellations like Scorpio or Aquarius. That’s how this game stays fun.
I love trading. Especially the feel of it. 🥰
$TRUMP | 26.7.28
Following the short plan from July 23.
Yellow circle 1 = stop-loss triggered on the 23rd. Yellow circle 2 = short entry.
After entry on the 1H, the downside structure confirmed. Price then retested circle 3 with a ~3% pullback (still below the previous close high). No add-on taken there.
Daily chart is now starting to clear liquidity below. Watching other timeframes. No fixed take-profit target yet.
1/2 $BEAT |26.8.1
I’ve mentioned before that new traders often get misled when choosing coins — both by ranking platforms and by direction.
CoinMarketCap rankings are the list I check daily.
On July 31 I took a long on $KOMA and already booked profits.
Today $BEAT fits my selection criteria perfectly — a rare setup. Charts confirmed a clear entry opportunity.
Daily chart: Yellow circle 1 has already swept the previous long upper wick. Bulls now have solid confidence targeting circle 2 around $6.
1H chart: Yellow circle 1 marks my entry.