July Cotton

Shorting as I anticipate that it will break the all time low.

breaking ath or atl usually makes a massive price movement.

#StopLossStrategies #CryptoTariffDrop

$BTC
Waiting game! patience is the key. I'm still bullish longterm but we need to wait for confirmation.

I'm bullish, but it doesn't mean that my bias will not change. I don't predict, I just react.

$VANA

$JASMY
Double bottom indeed??? Let's ride the wave. Just don't forget your cutloss and trailing stops.

Trail the profit if you have good position. We don't need to set a target price. Just trail it until it hits the stop.

Happy hunting!

#jasmy

$1000SATS
Ride the trend? ❌
Ride the Wave!! ✅

$1000SATS
Things in motion will continue on motion
- Sir Isaac Newton

I will ride this tsunami until it hits a building.

happy hunting!!

$JASMY
Double bottom?? hmm.... if this coin does not go up, then it will continue to go down.

An asset that's rising will continue to rise. It will usually go up and up squeezing all of the shorts that are trying to fight it.

Just ride the trend and don't let go of a good position too quickly. It will help you to avoid opening a stupid trade.

Happy hunting!! 😊😊

Bitcoin at $87,917. I still believe that we are in the bull market. Although the market will always show surprises. So, make sure to have a contingency plan and pivot your plan depending on what the market tells you.

Correction will give you a good entry and rally will give you a good exit.

Plot your trailing stops and let's go ride the wave!!!

Happy hunting!

a bearish pattern. take care of buying long of this pattern.

#BTC/USDT🔥

The reason why I don't trade on this level.

We know for a fact that based on a strong price action that the Bitcoin and the whole crypto market is in a bullish long term trend.

However, the current price is too parabolic and too high for it. We need a healthy pull back or a reaction to sustain the trend.

So, at this level, we don't know what we trade. Long or short? if we became an overextended short. We lose money.

If we enter a long position too early. We lose money.

Trying to anticipate the price movement of the market on this level might cause you to take multiple cut losses and will take a hit to your capital.

A capital that we should have when the next rally starts. Of course after the pull back.

As a trend follower trader like me. I hate this price level.

Good luck!! and happy hunting!

#Write2Earn

#API3/USDT

Never ever trade a strong token specially when the price action is currently happening or in very volatile nature.

Many traders get liquidated with an idea of shorting the top price of a current trending token. But they didn't realize that usually, a strong rallying token will continue to go up once they accumulated a significant amount of short seller to squeeze.

The strong token usually goes up even more because of the liquidation or cut loss of the short seller. That's why I always advise people to wait for the price to be dull and weak before short selling it.

Don't try to sell the top price. You're just putting more risk and losing more capital the more you try to short the top price.

Api3 is the same as ID, it's still bullish in my analysis.

Good luck and happy hunting!

#Write2Earn

#OP/USDT

As I mentioned in my previous post. The #OP/USDT is a bullish token. I believe that it will soon break out the all time high and will make a 100% to 200% price action.

Usually, after long consolidation. The price that breaks the all time high becomes too bullish that it can go as high as 100% or 200%.

I now have an entry point. As my trading strategy, I will hold and hold tight to ride this bull market specially the #OP/USDT token.

Not just hold, but I'm also gonna add more in my position the more it goes up. For my risk management, I usually don't use average down as it is more risky and prone to wiped out your entire fund.

I am more on cutloss and average up. When the price continue to move in my favour. I will add more. However, if the price didn't go in my favour, I will cut my losses and cut it quick and small.

I believe this strategy is called pyramiding. 25% for initial entry. If I am correct, I will add an additional 25% on a good entry point. Then additional 25% then the last 25%. For as long as the price is continue with my bias.

If in case that in my initial 25% shows me a loss and hit my cut loss point. Then I will cut my losses quickly and reanalyze my trade.

So, for now, I am just holding tight and looking for a good new entry point.

Good luck and Happy hunting!!

#Write2Earn

#BTC/USDT🔥

This is the area that usually I don't open a trade, hold a current position or take profit on my long position.

I believe that Bitcoin and the whole crypto market is bullish in the long term. However the current price level of bitcoin currently is quite dangerous for short term long positions specially if you do not have a very good buy area.

So, as for my risk management. I usually don't trade, hold my current position or take profit in my long position. Opening a new position in both short or long positions is a bit risky in my risk management. Since it may be very volatile at this area or I may not be able to put my position in an ideal area to avoid a shake off.

Sometimes waiting without any position is a very good risk management method to protect your profit, capital and your psychology for the next good move of the market.

I hope this helps any of my readers to get an idea on my risk management technique.

Good luck and Happy hunting!!

#Write2Earn #TrendingTopic

#ID/USDT

This is the moment when luck meets opportunity!

Whenever the price consolidates in a specific area for too long that the 20 moving average catches up. It usually continues to go up even more

When the price pump, then consolidates and then goes down immediately , it calls distribution.

But!! when the price pump, then consolidates for quite a long time without breaking down in a certain area. It will shoot up sooner or later and it calls accumulation.

please note that the accumulation is not only happening in the bottom. It can also and usually happens in the top. specially when it nears all time high.

Good luck and Happy hunting!!

General Condition 101 - part 1.

There's my favourite line in one of the netflix series. The fall of the house Usher, when Verna says the line "This is the moment luck meets opportunity".

That's like in trading, you need to wait for your luck to meet your opportunity and I believe that the correction in the longterm trend of Crypto Market is that moment.

A trader needs to preserve their arsenal by all means necessary and wait... wait for that moment when luck meets opportunity.

Yes, I believe that bitcoin and the crypto market is bullish and not just bullish but a devil deal like bullish that will change ones life upside down. But I'm saying to pull the trigger and unload all of your arsenal recklessly. No.. not like that.

As a trader or a speculator, we must wait for the right moment when our luck meets opportunity and pull the trigger little by little until we use all of our arsenal in a trade or position. And if we get it right.. and at the right time.. we must hold that position and maximize the return until the curtain falls down or the trend reverses.

Do not give up your good position too early. Instead add more money on your winning position little by little whenever there's a healthy corrections in the trend.

Do your own research, good luck and Happy hunting!

#Write2Earn #BTC/USDT #crypto #trading

#SEI/USDT is still denying every attempt to reverse the bearish trend. I am still bearish with this crypto, but I will not add or open an additional short position at this moment and price level.

Holding, waiting and watching is the only thing that I can do at this point. Because I believe that opening an additional short position at this level is quite risky.

SEI is still bearish but the bitcoin is gaining quite a bull support and denying any attempt to break down the price. It is a bullish indication that the price of the bitcoin might start a new rally to continue its long term trend. Or continue to consolidate in this current level.

Even if Bitcoin consolidates at its current level, I believe that #SEI/USDT is still in a bearish trend.

Always do your own research and never ever based your whole trading decision in a single analysis.

Goodluck and Happy hunting!!

#Write2Earn

#OP/USDT

During the correction in the crypto market, OP is one of the crypto that remains optimistic in its price.

This is a good indicator that the price may be bullish in the next few days. I will be waiting for a good pull back in the price before pulling the trigger.

Also, the bitcoin must maintain its price level or must go up to confirm that the market will now continue its longterm bullish trend.

I believe that the #OP/USDT price action will look like the #INJ/USDT price after breaking the all time high.

So, for now, I will be watching closely the OP and look for a good entry area before opening a position.

As always, DYOR, good luck and happy hunting!

#Write2Earn

#FET/USDT as I mentioned in my previous post.

The #FET/USDT is in pivot in the 100 moving average and the price will usually continue in the direction of the next candle after the pivot.

For anyone that's asking, what's the pivot of the price? It's usually happening on a major support/resistance and showing a double bottom/double top. 20 and 100 moving average is a major support based on my analysis. When the pivot is showing, the price will either reverse the trend or continue it. This is the time to watch the price in which direction it will go.

#FET/USDT continues its path in a downward correction. The next support that may cause a bounce or reversal of trend is in 20 moving average in the weekly time frame.

As I mentioned before, longer-term time frame is usually stronger than the shorter-term time frame. Let's see what will happen in the #FET/USDT and bitcoin next week.

I still believe that this week will be quite gloomy in the crypto market.

As always, DYOR, good luck and happy hunting!

#Write2Earn

Technical Analysis 101 - Part 1.

The longer time frame is more powerful than the shorter time frame. What I mean about this is that usually the price follows the longer time frame than the shorter one.

Yes, there might be a shake off or some violent price action but usually the price follows the pattern of the longer time frame.

You can also use the longer time frame to determine the trend for your shorter time frame. This is useful for people that's day trading or scalping.

Please note that this is not 100% working as trading is a game of probability. Nothing in trading and life is 100% sure. There's always a possibility that the pattern is good but suddenly the price surge/move against your bias because of some macro/socio economic news or some fundamental changes.

See the image below, as you can notice, the 5 minutes time frame chart of #SEIUSDT . Some people specially those that are aware of the RSI - Price divergent pattern might trade this.

But when you look at the 4 hour time frame, you will notice that the price instead is broken down from a consolidation.

Then upon looking at the weekly time frame, you will notice that the price of SEI shows a "double top" pattern then after that. The price try to break up the "double top" pattern but failed to do so.

That's why on my previous post, I am quite confident that the #SEIUSDT is bearish. Usually the failed break out is a bearish signal specially if it happens in a longer time frame.

In conclusion, you should always consider the current people's sentiment before triggering any trade. Don't base your trade solely in one analysis. You can both use technical analysis and fundamental analysis at the same time.

That's all for today. Good luck and Happy hunting!

#Write2Earn #SEIUSDT