$XRP Update: I gave two sniper entry points โ one is currently up 15% (2.94) and the other is up 5% (3.21). My stop is at entry. If ETH faces heavy selling from the 4,100 zone, Iโll close the position completely. My target is around 4,2 in this chart. #ETHBreaks4000 #CryptoIn401k
Since Iโve taken profits and gone on vacation, Iโm not really watching the market much โ sometimes you need to clear your head. Thatโs why there havenโt been any posts. By the way, Iโve gone long on $XRP ; my only other open position, as I mentioned in the last post, is the remaining half of my $BTC . Thereโs not much to say about the market โ $ETH will likely keep climbing in a straight line until it makes a new ATH and pulls back. If I take any action, Iโll write it here. See you on Monday. #ETH5kNext? #ETHRally
$BTC Update I mentioned that if I was wrong, the loss weโd take on ETH would be covered by the BTC long โ and thatโs exactly what happened. The ETH position was a risk worth taking, and I took it. I lost, I recovered โ simple as that. You can take profit or close all position. I recommend taking 50% profit. 140k ๐ Always R:R
CaesarArn
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Bullish
$BTC $Long Position: It looks like weโre currently playing out theย green scenarioย I shared in my earlier posts (you can check it from my profile under the red and green path chart). If price manages to reclaim theย 4H S/R demand zoneย and hold within the range I drew, then a newย ATH (All-Time High)ย becomes increasingly likely. As mentioned in my previous update, Iโve already entered a position. Myย stop-loss levelย is shown in the tool on the chart. However, if price violates theย red dashed line labeled โ45M Wickโย on theย 3H and 45M timeframes, and we see 1โ2 candle closes below that level, Iโll close the position to avoid further losses.
Target levels: First target: RH zone โ aroundย 120K Second target: Theย Sell-side Liquidityย zone marked with the red dashed line aroundย 122K. Where I plan to take more profit. Iโll hold the remaining portion of the position in case we see a breakout intoย new ATH territory.
$ATOM Update: I hadnโt posted an extra update, Because I said Iโm closing all my altcoin longs but Iโve now closed this position. If you havenโt closed it yet, I recommend doing so.
t cracks me up when people who are too ashamed to even show their own portfolio feel the need to make smug little comments on my charts โ with nothing but their FOMO as โevidenceโ to back them up. Theyโre so used to losing and getting liquidated that they genuinely think if one of my trades goes against me, Iโll be joining them in liquidation. Cuteโฆ but pathetic.
Yeah, because the โrightโ thing is being FOMO into a coin like MYX after itโs already pumped 2000%, buy the top, and then start posting 500 times about it, right?
Binh_ Nguyen
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Drawing this style only costs money. MM spent effort pushing the price up to 4.2k but then retested back to 3.7k, so forget it.
$ETH Just thinking out loud.. Price has reached a long-awaited zone, and it will likely leave this area behind as a manipulation. (If it closes below 4,100 in Daily) I donโt believe the bull run will arrive this obviously and let us profit so easily. Iโm expecting a pullback, potentially down to a zone between 3,900 and 3,700. Using previous price action in this region, Iโve identified a stop level based on historical candles and entered a trade accordingly. Given the current structure, I believe the price may retrace in line with a Head and Shoulders pattern.
If price starts making hourly closes above the red line, Iโll close the trade. If it begins to break the most recent high, I may also close it to avoid further losses โ in that case, Iโll post an update. If the market is going to move up, our BTC long position will cover this loss anyway. #ETHBreaks4000
At support and resistance zones like this, if you love your money, donโt touch that buy/sell button. Price is sitting in such a spot that the market could take the shirt right off your back with the tiniest move.
Play it smart โ wait for price to settle. The market isnโt going anywhereโฆ itโll be right here waiting to rob you later. ๐ #ETHBreaks4000
$ETH is at the 4,100 zone. Since itโs the weekend, I donโt expect heavy selling here โ it will likely move sideways, which could allow altcoins to rise. However, as Iโve mentioned before, caution is needed at these levels. Iโve moved all shared altcoin longs to stop-entry. If thereโs a sudden sell-off, I plan to close all of them except $XRP . I donโt want to see ETH trading below 4,100.
Once $ETH reaches the 4,100 zone, Iโll set stop-entry on all my positions and take some profits from of them. When price gets to this zone, you need to be cautious โ anything can happen from there.
After this happens, Iโll post here where Iโve set the stops for my $XRP , $LTC , and $ATOM positions, or which ones Iโve closed. #ETHBreaks4000 #CryptoIn401k
$ATOM Update: Following the signal I gave, weโve seen an initial 8% increase. Price has broken the grey trendline, but BTC is struggling around the 117K level I mentioned earlier, and thatโs starting to bother me. Iโm keeping this trade at stop-entry, but itโs worth being cautious here. If the trend breaks down again, we could see a new low โ taking some profit in this area might be a good idea. #CryptoIn401(k) #USFedNewChair