Today I secured two assets $BOME and $SCR , also compensating a bit for ARB and LTC.
The journey from having little to having enough to eat and wear still continues. I hope everyone supports and can also join me on this journey.
Today we might win, but let's not fall asleep because we don't know when we might end up empty-handed. I hope there are many small investors out there who lack confidence in their trades; that's okay, I hope I can transmit confidence and inspiration to you.
This is not a call to action; this is just a few words I want to convey to those who want to earn a little extra income. The rest is up to you.
The price touched MA(99) at 88.00 – a fairly strong resistance area. The most recent candle has a long upper wick, indicating selling pressure around the 89.00 area. Volume has started to increase slightly but not dramatically -> a sign that buyers are not overwhelming. There is a pullback structure towards the MA(99) after a strong drop from 99 -> 83. This is a pattern often seen before the next drop.
🚨Attention Needed: - MA(7) crosses above MA(25), the recovery is gaining slight momentum. - If the next candle closes above 89.2 – 89.5, it may break resistance -> unfavorable for Shorts. - If BTC and the entire market are strongly green, LTC may pull up to the 90 – 92 area.
OPEN Short $LTC : Entry: 88,xx. SL: 90. TP: 86 - 80. Vol: 1-3%.
Strong resistance: 0.3476 (Touched MA99 area). This is the first time the price tests MA(99) after a decreasing trend -> selling pressure may arise. MA(7) and MA(25) are trending upwards, but MA(99) is still above and sloping downwards. This is a technical pullback structure in the main downtrend.
Short scenario: If the next candle closes below MA(99) and breaks the 0.3440 area -> confirms failure at resistance -> drop to 0.336x - 0.329x.
Long scenario: (Short-term) If the price surpasses 0.3500 with high volume and MA(7) crosses above MA(99) -> short-term reversal -> may test the 0.3600 – 0.3650 area.
Please set SL to protect capital, avoid large losses; if SL is hit, you may consider rebuying, but if SL is hit twice, you should not enter a trade again. Please divide your capital into smaller positions to avoid all-in.
This is a personal opinion, not an investment call or FOMO.
1/6 marks the beginning of a month full of expectations. Starting a new challenge for myself with a capital of 200$ , can I turn it into 1000$ ?
The challenge for myself may not be anything special, but it trains me in discipline and capital management. The daily KPI is 30-50$, which can be less or more. The most important thing is discipline and capital management.
Evenly distribute capital instead of going all in, set stop loss and take profit properly, if the daily KPI is achieved, rest and do not be greedy, do not play based on emotions.
This is a challenge for myself and not a call for investment or a group.
After BTC and ETH, BNB and SOL are reasonable choices for those who prefer long-term investment. Why? Because both have been stable enough in the market for a long time.
Additionally, when staking BNB (BNB Chain), we will receive some airdrop rewards, although they are not significant; if luckier, we may hit an alpha airdrop to gain a bit more profit, but it will be a bit difficult.
As for SOL (SOLANA Chain), we can stake SOL and warp it to BNSOL, which is also reasonable, and currently, when staking SOL, we also receive Layer airdrops.
Just these two simple reasons from staking alone are enough for us to buy, right?
This is just my personal opinion, not an investment call.
So, do you think we should buy SOL and BNB? If yes, which coin do you prefer more?
With a small capital, I can only hope for a profit of $30-50 each day. Today, I've met my KPI for trading, so it's time to rest. Tomorrow marks the start of a new month, hoping it will be a green month instead of red 🥰.
I am buying $100 worth of FIL, hoping for a profit, hehe. Buy spot FIL?