It's a luxury to be able to see which coins show strength early in a bull run, and still be able to buy at the lows after they retrace a good chunk. With $SOL being one of the only exceptions. However I already loaded up @ like 10 or 15 so I'm happy
And this one I made in March.. Hit pretty close thus far. But I didn't trade my plan, too impatient after 2 years in hibernation from futures😋 Very happy with spot acquisitions tho.
I've never been a big fan of $SOL, but I gotta respect the strength... ( $AVAX has fallen 67% in comparison)
Let's see if it can hold all the way through.. Support @ 107 and 87.
$ETH is down 41% from its peak in March, $SOL is down 26%, and $BTC is down 22%. SOL has held up exceptionally well so far. SOL holding up so well during a downturn with such a large upside compared to BTC and ETH. Definitely something you want in your bag when things turn around
Since the invasion of Ukraine on February 24, 2022, the S&P 500 dropped by 24% up until October 10, 2022. After that 8-month correction, it took 8 months to return to the same level (June 2023).
Will the markets react differently on a war in the middle east?
#stocks
Starting to deploy sidelined capital at prices like this. First time buyer of $INJ , have another limit order at 11,5$. A lot of alts giving back all gains since the bottom of the bear market even when $BTC is still +225% is crazy.. Good lesson to bring into next cycle.
I've been too naive with my futures account lately, luckily my former self has been steady on the spot account. Spot should always be what carries the rest. I have about 3% of my spot value in my futures account. Or had rather😹
Swing long $ETH here again, clear invalidation. If I'm stopped out I'll try again further down. Around 2400$ down to 2200$. Lot of things look dark, but they always do at the bottom of a range.
Or this if you prefer.. I like horizontals better, but keep the idea of my last post in mind when trading to get an idea of where we're heading.. Still the same lesson: trade the levels, trade the trend
Trade the trend until trend is broken, then trade the directional breakout. This is a bull flag, so if we get another run to the bottom that's a good place to place longs with pretty clear invalidation points.
P.S. Leave enough room for deviations
$BTC $ETH #Crypto#trading
Taken profit on both of these Bybit positions, re-entered some positions now with very tight SL in case it's just a weekend scam pump. I still believe ETH is undervalued considering ETF launch and hype around the BTC conference in Nashville next week.
Wanted to short ETH at the top, but wasn't confident enough to see it through. Focused on longs like I announced here earlier.
Binance long still in play, will be my last trade there as I'm transitioning over to @Bybit_Official since they still allow regular stablecoin trades
Money printing is widely misunderstood.
Most people think about the picture below 👇
But there are actually SIX ways in which money gets printed.
We'll break it down for you in this thread 🧵