Yes, crypto is down right now.
That’s uncomfortable for a lot of people.
But markets always move in cycles.
And every major opportunity starts like this.
What matters most is how you position yourself during the downturn.
I broke it all down for free
Link in bio 👉
@nodi_macro How would you put the odds of this happening?
From a global liquidity perspective the mid-term picture does not look like a bear market is starting
Heavy news this week! 👇
Main news to watch:
- FOMC & Federal Funds rate (Wed)
- JPY Policy Rate (Thu)
- NFP (Non Farm payroll US) (Fri)
Trade wisely.
Watching daily breakouts on $SUI and $AVAX into a potential bullish gap fill.
Yesterday there was a decent trade on $SPX which I missed due to traveling.
Everyone wants a 100x in crypto - but here’s the truth no one tells you.
You don’t need to catch a 100x coin.
You need to:
Avoid putting all your money in 1x coin.
Survive volatility.
Ride trends early.
Take profit on the way up.
As with everything in life, focus on small consistent wins. They will compound quickly.
@milesdeutscher While everyone is extremely bullish right now, it is exactly these times were you need to shift to a conservative mindset with proper risk management to ensure not to lose any gains
@CryptoCurb Since $SOL is an inflationary asset, I am not sure the market cap really matters that much in terms of support and resistance. These concepts are mostly applied to the price action.
@CryptoCurb You will have to post for a long ass time in my opinion! $SOL will potentially hit $250 USD again but this is very far off from a $1,000 USD per $SOL price tag
Losses are part of the game.
My thesis:
Yesterday I opened a Long on JUP/USD as price was retracing into the well respected H4 50 EMA, the H4 FVG and the golden pocket (0.5-0.618 Fib).
For the entry I waited for an M15 bullish div upon which I entered.
Reflection:
Price just kept going with bearish momentum and eventually broke all support levels and stopped me out for a little more than -1R.
The main risk of this trade was the daily resistance at 0.66 which was strongly rejected. I need to pay more attention to daily levels in crypto.
Even waiting for a bullish H1 div would have also resulted in a full loss.
Onto the next one.