📉 I opened a long position at $DOGE after a short bullish candle, thinking that a reversal had begun. I didn’t check the volumes and didn’t consider that it was just a reaction to a false news. As a result, I entered at the peak and caught a -18% PnL. This taught me not to trade on emotions and always look at the bigger picture, including the news background and liquidity. Sometimes it's better to skip a trade than to regret it later.
23583048734 Trading plan for BTCUSDT 1. General context: Current price: ~$94,344 Technical trend: Upward, wedge broken upwards, trading above the Bollinger middle line Fundamental data: - +$18.77 billion net inflows over 30 days - +$6.19 billion in stablecoins (available capital) - BTC + ETH net inflow: +$12.58 billion 2. Scenario 1: Continuation of growth (main) Entry conditions: breakout and consolidation above $94,800–$95,000 Take-profits: - $97,500 (local resistance) - $103,000 (round level + liquidity zone) - $109,700 (historical maximum on the chart) Stop-loss: $91,000 (below previous candles) Risk-reward: at least 1:2 Confirmation: RSI up to 70, high volatility, increasing volume 3. Scenario 2: Correction (alternative) Entry conditions: drop below $88,000 Downward targets: - $84,000 - $76,400 Stop-loss: $91,000 Applied during a sharp drop in volume and break of the support zone 4. Support for the strategy: Glassnode shows no outflows (low risk of capitulation) Inflows into stablecoins hint at deferred purchases Technically, the market has transitioned from a correction phase to a growth phase
$BTC The creator of Bitcoin is American programmer Bram Cohen, according to documents obtained by an anonymous hacker group during the hacking of the Channel 4 network. Another programmer, Len Sasseman, is also involved in the creation of the cryptocurrency
$BTC Traders and investors need to be prepared for sudden changes and exercise caution until clear signals of the first cryptocurrency's trend direction appear, analysts emphasized.
Earlier, experts from CryptoQuant announced an increase in the number of bitcoin transfers from derivative crypto exchanges to spot ones, which may indicate the beginning of a bearish phase of the trend.