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CRYPTO MECHANIC
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CRYPTO MECHANIC
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Key LTF zone Ethereum should hold imo if there is more room in it. From where this zone came? Its the peak of the move that came after trump Announced crypto strategic reserves US. As long as price holds above it short term, We can expect more upside from ethereum and some Alts as well. Just in case price drops below it and holds I’d expect some correction on Ethereum and the rest of the market.
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Some of you are asking me if i am buying for long term. No there is no such thing for me when it comes to Altcoins i got in just to play a good move because i see the strength in maket. I have no plans to hold any Altcoin for long term, I will keep taking my profits on spikes. Like i am sharing on my profile.
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Ethereum Going well so far and Alts following as well. $2800 - $3100 is key zone. A lot of bagholders/Liquidity sitting in that zone. If price goes into that zone this week or next i will be taking profit across the board and then reevalute everything later. Not saying price will go there but that is my exit plan. On LTF $2500-2550 is key support, As long as price holds above it we can expect $ETH continues to show strength.
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New high on $WCT Got the most out of it. Nice move.
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Your capital is more important than profits. Always think about risk before entering any trade. If you lose your capital, you can’t trade anymore but profits will always come if you stay in the game. This mindset helps you avoid FOMO and bad trades. Focus on protecting your money first. Profits come later.
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