@OneTradingEU Your website is broken your DAC8 popup is an endless loop and blocks the user interface, must feel good to have trades open right now 😁 @OneTradingEU
1/ Since a lot of people are waking up to see their perps positions closed and wondering what the hell “Auto-Deleveraging” means, here’s a quick and dirty primer.
What is ADL? How does it work? And why does it exist?
5/ Summary:
In order for me to take any of the alt trade setups I discussed in this video this week: https://t.co/io6dXqL7Mc
Next week I want to see:
- BTC.d reject meaningfully the 60% region
- TOTAL2 look like its going to break out of its triangle soon
- All the alts I mentioned hold the entry range throughout this weekend.
If they drop lower (I don't trade on weekends), I will reset the trade ideas for potentially lower entries providing the top 2 criteria are met.
Keep your trading as simple as possible.
Trade assets that are trending.
7 day, 3 day and 24 hour top trends.
Buy on the pullbacks (.382-.5 fibs) and sell on the pumps (1.618 fib).
Compound this over and over for reliable profits.
This works in every market trend.
Nothing's really changed for me regarding my $BTC target.
I'm still eyeing off the 56-58k area as my target for now. There are currently large buy orders at $58,100 so I am expecting we reach there.
If my mind changes for any reason, I'll update but otherwise, this post from earlier this week is still what I'm waiting for.