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CRYPTO MECHANIC
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Anyone publicly trading with big size is actually inviting the market makers to humble him.
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CRYPTO MECHANIC
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Few understand this, but this game is about Survival, not Profit. If you get good at survival, your profits will immediately follow. You need to stay in the game long enough, so your edge can work for you. Survivors earn what Gamblers lose. Survive first and thrive later!
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Different coins but same pattern $WCT kind of did the same as $COOKIE Did Move up - consolidation - Quick fomo spike followed by a rejection.
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This is the PnL of a gambler who makes money by being lucky, then gives it all back when the tables turn.
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“If” we see a pullback These are the key zones i am watching. 104-106k And into/under 100k for the worst case scenario. A strong daily close above ATH will send it much higher. Because its the daily candle thats failing to close above. $BTC
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$BTC That’s another rejection from/Above ATH As long as its below that I wouldn’t be much confident on Bitcoin. We discussed it multiple times, BTC should move away from this price. For more brief, You can read my Monday update on Bitcoin here 👇 Bitcoin Trade Plans 👈 Alts are more attractive than BTC right now, Clean consolidations on the daily charts with higher lows (No breakouts yet) except a few. I attached Ethereum’s chart as example.
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