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Quinn Angelia Pullens
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I’m wondering if we going to see
$ETH
at 2800 again this year 😅. Or maybe next month?
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ETH
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-3.93%
30
0
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Quinn Angelia Pullens
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Hard truth about technical analysis on small timeframes. Imagine what is actually happening on relatively illiquid crypto market, if what this guy describing applies for mature markets.
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#BreakoutTradingStrategy As MoneyZG suggests, for Bitcoin it is not really breakout, in terms of actuall intrinsic potential it has. It is only “breaking out” vs dollar, which suggests more about dollar weakness rather then Bitcoin current strength. It has’t broken out vs Euro or gold or important indices yet. But it sure will, because it actually has huge potential of adoption and growth in terms of “real” value, however we define “real” It is going to happen later in this cycle, and alt-season will start later, likely in 2nd half of next year. So for now I still think trading strategy should be aligned with expected oscilation in the range and potential gradual range expansion or moderate growrh at rather uniform rate.
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#DayTradingStrategy It is not last wave for Bitcoin, but of course it is risky to jump on the leaving train. It is unlikely that right now we are witnesing star of alt- season. I think alt-season is postponed, it will start later and reach its peak closer to the end of 2026. So there is no harm in buying and selling alt-coins while market is oscilating. This weekend, if any token I’m holding pumps, I’ll sell, and I’m pretty sure I’ll be able to buy it back in a few weeks low again 🤣 So normal trading operations keep going, buy on Tuesdays, sell during weekend. Hold Bitcoin, don’t sell Etherium yet.
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$BTC bull market is not over. It won’t be over until at least end of the year - more likely - end of next year. We cannot say same about altcoins market. Still, Bitcoin will likely present an opportunity to buy more under 100k - though it won’t be a big dip, I think. It does not look reasonable to buy more altcoins before next Bitcoin correction.
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