Machuchin

I entered at $NIGHT in spot for the 4h chart with high risk. My main target is 0.046. The first zone to analyze for support right now would be at 0.037. Set your stop at what you're willing to lose since there's not much to visualize, which is why the risk is high. #pumpiscoming

$ACH
In spot
we explode at 0.014
or are we going to 0?
#ACH #pumpiscoming

Looks like this isn't over yet, it's $ZEC 's turn in this last hour. Just imagine doing DCA, or better yet, averaging down on every red candlestick or whenever you see fit. I learned the hard way, lost some cash; it's a lesson anyone in crypto learns sooner or later. That's why it's better to set a stop loss (SL) and have a predetermined amount ready to lose on each trade. This month, I've been hitting my SL while searching for a pullback, but it's not too bad considering the account burn 🙂‍↔️🙂‍↔️🙂‍↔️
#learn2earn

I could take advantage of this dip to look for entries in Futures and Long positions, but it's better to play it safe in Spot. Also, add to $LISTA for a better probability.

There it is
The liquidations just came out on these last candlesticks
In the meantime, I took advantage in Spot at $GAS

It's insane all the liquidations that $ETH will be making, is there a new scoop about so many millions getting liquidated?

😶‍🌫️ Update
$FET Hit SL
$COAI Hit SL
Looks like even the strong supports don't want to hold up, it's heading straight for liquidity grab, liquidating folks and spreading fear.
I'm only losing a bit of it, but all good, this month is all about liquidation in the bear market. Still, I’ll try to catch the long for the trend reversal.
Why am I not going short if I know the trend is bearish? Because the market is overextended. There's still room to liquidate, maybe to keep instilling fear.

📍 Entry: $COAI
⚠️ Risk: Bearish trend
🎯 TP: 0.298
🛑 SL: 0.2485
📊 Risk/Reward Ratio: 4.08
⏳ Timeframe: 1H
We're in a crucial pullback zone, at least to the moving average or with liquidity grab up to the TP. And if it hits my SL, I’m not worried, that’s what it’s for.

😶‍🌫️ Update
$USELESS Just closed because it's likely in a battle to decide if it will shift to a bearish trend.
$FET I'm still holding as it remains in the support zone; if it breaks, it will hit my SL without any issues. As mentioned, it's still a bearish trend and further away from a trend reversal, but I'm holding on.

📍 Entry: $FET
⚠️ Risk: Bearish trend
🎯 TP: 0.28
🛑 SL: 0.2075
📊 Risk/Reward Ratio: 3.45
⏳ Timeframe: 1H
It's in a support zone, so the first stop will be at the moving average, but hopefully it gains momentum up to the TP.

📍 Entry: $USELESS
⚠️ Risk: FUD and potential loss of bullish trend
🎯 TP: 0.116
🛑 SL: 0.069
📊 Risk/Reward Ratio: 4.65
⏳ Timeframe: 1H
It still maintains its bullish trend, but it's quite likely to lose it. I'll analyze further if it hits the moving average at least.

More liquidations are happening, will there be another one? $BTC will it reach around 58,500 or will it bounce back to catch the bullish trend again? Some indicators show that smart money is starting to accumulate, but keep an eye on it, only some. But since this is the cryptocurrency that loves to liquidate, there's a probability.

😶‍🌫️ Update
$EVAA went straight to SL, in the end, jumping the gun on the potential trend reversal wasn’t the right call. I couldn’t check the two candlesticks after my entry as I mentioned in the previous post. But it's a predetermined SL at a key resistance level. And it didn’t ride out the entire drop and liquidations.

📍 Entry: $EVAA
⚠️ Risk: Bearish trend
🎯 TP: 0.455
🛑 SL: 0.365
📊 Risk/Reward Ratio: 2.33
⏳ Timeframe: 1H
It's two or one candlestick away from confirming the trend reversal, just waiting to see if it plays out 🙂‍↔️
#Signal🚥.

I'm going to close $MAGMA because its odds have skyrocketed for a long position; it's a style bet. I might wait for it in another zone, and if it starts to drop, I won't stress about losing that unrealized money, not #FUD or #FOMO .
I liked that yellow circle, and with the selling probability too. The yellow circle represents retail buys 🥲.

📍 Entry: $MAGMA
⚠️ Risk: BET
🎯 TP: 0.3
🛑 SL: 0.45
📊 Risk/Reward Ratio: 7.5
⏳ Timeframe: 1H

That margin rate at $LAB didn't let me benefit from that move. That's the issue with going isolated, but I like it because that way only that money is at risk in a bad move and not the whole account's risk 😪
Still, I always prefer to go with 5X leverage instead of 50X... Sure, you can potentially make more, but in a bad move, plus add in poor capital management, and you can't sleep soundly 🥲

Bruh, I wanted to go long, but since my position was isolated and the margin rate turned red quickly 😪, I'd better not touch it. If it hits 30, I'll take a look; if not, I'll wait until the liquidation volatility calms down.

Not a bad betting strategy, says I should have held and could have even moved my SL to profit at 22. But I'm chill with that gain to recover what I lost in SL over the last few days.

it's a small bet, with low margin and a tight SL. The candlestick isn't closed yet and you're a bit ahead of me, but it's very likely that we'll see that close. It's a trade with style, lol.