NMR's current move from $11 to $17+ looks fascinating yeah... it happened in just one day, but the deeper picture has a very interesting pattern going on.
Since those $54 highs, $NMR has been following a clear lower highs structure on the longer time frame... first major attempt was around $28 and the second one around $23, both got rejected and price eventually went back down.
So for this current pump i am looking at $20 first and then that $23 area... this is where things actually get interesting.
A rejection around $19-$20 means we could be seeing the same pattern again and once more $NMR will probably be heading downwards.
But if buyers actually push through $20 and then break that $23 resistance... okay, then this lower-high structure starts getting challenged and NMR could have room for a much bigger move 💪🏻
For now +38% in a day is already a massive move, so chasing it blindly here? nope 😅
Let's see how NMR plays this time around... $20-$23 is the next level i am watching.
I think we entered the RED #UPTOBER instead of the green one 😆
$SUI is back below $1.15 with -4.76% dump. $UNI took the heaviest -8.62% hit back to $8.1 And $BNB back below $770 with -2% downside.
BTC back to $84K... NEAR below $5 again.
But you know what? These RED days are exactly where i prefer to accumulate more at discounted prices... not when everything is pumping and people start chasing 😁
I am slowly adding SUI, UNI and NEAR here and keeping more cash for DCA if we go lower.
Long term i am still looking for SUI $5+, UNI $20+ and NEAR $20+ 💪🏻
Buy the RED slowly... build the position and let the next GREEN market do its job 🤑
Just when we all thought $BTC is finally going for $90K... market said nope 😅
Bitcoin is once again below $84K after touching around $86.7K... and honestly this $83K-$87K range has become the usual game lately.
For BTC i am watching $83.5K very closely. As long as buyers keep defending this area, i am not panicking over these red candles. I would rather use the RED to slowly add SPOT and DCA... next upside levels remain $87K and then that $90K we are all waiting for 💪🏻
$ETH got hit harder... down around 3% and dumped straight toward $2,590 before bouncing back above $2,600.
For me $2,550-$2,600 is still an area to accumulate ETH on SPOT. If market recovers, first i want to see $2,700 reclaimed and then $2,780-$2,800 again. I am not dumping my ETH because of one ugly red candle 😂
And $ZEC ... this thing is still doing ZEC things.
Dumped from around $1,370 to $1,298 and already bounced back above $1,300. I am watching $1,280-$1,300 as the important area now... if buyers keep defending it, $1,350 and $1,380 are the first levels back, then $1,400+.
I have said this many times guys... RED days are when i prefer to build positions, not when everything is +20% and suddenly everyone becomes bullish 😅
Don't throw all your capital in one entry either. Buy some... keep cash... DCA properly if we get another deeper pullback.
Because if Bitcoin is back above $90K and alts are green everywhere, the same people scared to BUY today will probably be chasing the top again 🤑
Okay so... Today once again $龙虾 is bouncing hard after dump drom $0.11 to $0.025 LOBSTER is back around $0.075 😉...
💪🏻 i am still waiting to have a better chance for entry.
And $NMR meanwhile is going hard crossing all th3 recent resistance levels around $15 and gone all the way to $17... and i am actually interested in this one.
And and $ORCA has been impressive so far going from $1 to all the way to $3 and currently looking to take a breath around $2.91 and i am already gone SHORT let's see how it goes.
Whenever trading these volatile coins.. open small size positions with perfect SL placement and avoiding any over leverage 💛
$BTC another pullback and i have been noticing same market dump at exactly same time for last 2..3 weeks and believe me at the exact same time its dumping once again.
Everyday same time same dump 😆
Not a massive dump obviously but i am already riding BTC short and $ZEC short around $1,360... let's see how it goes...
I also opened a short on $RLC around $0.94 and waiting for $0.65 😉
Let's hope that my all three shorts, ZEC, BTC and RLC hit the targets today 💪🏻
Buddies... $RLC is looking exhausted now after that crazy run above $1 and honestly around these levels i am more interested in a SHORT than chasing another LONG 😅
Keep the size small guys... this thing has already shown how violently it can move, so don't fight it with stupid position size. SL is there for a reason 😅
Meanwhile $NMR around $16-$17 is still HOT and going strong BULLISH... buyers haven't really backed off yet, so shorting this just because its already +38%? risky game.
And $US is the interesting one for me now... +25% and building some fresh momentum from that $0.010 area 💪🏻
RLC already gave the monster move... NMR is in the middle of one... while $US looks like its trying to START one.
Don't chase the coin that already made everyone money... sometimes the better trade is sitting quietly in the one people haven't started screaming about yet 😉
Okay so... Bitcoin is back above $86K and this has basically been the story lately, BTC swinging between $83K - $87K while everyone keeps changing bullish and bearish every few hours 😅
But i am accumulating $AVAX around $11 because this one has been in kind of run that has attracted many people... and we are aiming for that potential 10X around $110 💪🏻
Not tomorrow obviously 😂 but in the next proper bull run... maybe November starts giving us that momentum.
Next one is even stronger for me and its $NEAR around $5... i have been accumulating around $3 and $4.5 and will BUY more on DIPS.
And $FIL around $1.15 is another one i am watching as my next potential 10X choice... remember this thing was once trading above $400 😉
I am not saying FIL is going back there tomorrow, but at $1+ the risk/reward for long term accumulation is something i can't ignore.
So idea is simple...
AVAX around $11 NEAR around $5 FIL around $1.15
Pick some strong options instead of chasing every random coin after it pumps +50%... keep accumulating and DCA on proper pullbacks.
Build your positions while prices are still boring and people are still doubtful... because once the rest of the crowd wakes up, they usually want to BUY the same coins after they already pumped 😅
Okay so... $BR is at $0.5 once again and actually this has been the usual way of BR moving lately, dump hard and again pump back to $1 this thing has done this many many times recently.
And $RLC up 138% and holding around $0.9 is way too strethed and touching it on futures is risky as hell... i qm holding on SPOT ONLY 😉
The strongest among these gainers is $FIL around $1.19 and i am actually looking at the $1.23 resistance and a breakout above this area will give us a clear reason to LONG 💪🏻
Protect your capital first guys... there will ALWAYS be another trade. Missing one pump hurts your ego, chasing it at the top hurts your wallet 🤑
If i have to pick ONE among these three right now... i am following FIL.
Yesterday I thought $RLC did 100% pump out of nowhere, and will soon be dead and gone.
But looks like this dude is aiming for $1 target and right now it's looking so so strong.... strong for $1 not to trade to be honest 😉
Coins like $RLC look good from far away, as soon as you enter any trade, you will see the tension and panic. Also there was a coin like $FLUID that's also impressing beginners after touching $2 .
Good right? but after few days you won't see these coins anywhere... this is all manipulation and hype.
Whole market is once again RED... majors are bleeding a little and suddenly everyone starts getting scared again 😅
BTC back around $85.6K, ETH near $2,700, BNB below $800... meanwhile somehow $RLC is sitting around $0.69 with freaking +85% gains 😂
$QNT is also holding around $260 with +4% while most majors are red... and $NEAR again showing relative strength around $5.23 with +7%.
But don't see +85% on RLC and start chasing it with stupid leverage... that move is already stretched.
For SPOT i would rather DCA QNT and NEAR on RED pullbacks... small buys, keep some cash ready and add lower if market gives another dump.
This is exactly where people make the same mistake every time... market turns RED, they panic sell. Then everything turns GREEN again and suddenly they want to buy 😂
Buy the RED slowly... don't chase the GREEN.
Build positions when market is calm and everyone is doubtful... so when the actual bullish move comes, you are already sitting inside 💪🏻