Analyzing the strategy suggested by a Binance user. (See the screenshot attached to this post)
Let's go:
- Entering in the early morning makes sense
Between 3:00 AM and 3:30 AM, there is less liquidity, the market is more stagnant, and it is indeed possible to find better entry points, especially if BTC is sideways or making slight corrections.
- Exiting by 2:00 PM is smart
It makes sense because this is when most of the European volume occurs and the beginning of the U.S. session. Most of the day's movements usually happen within this time frame.
- Staying out on weekends is not strategically advised.
Volume does drop, but saying that it always crashes is incorrect. The weekend has fewer people trading, hence less volume, making prices more volatile; they can either plummet or rise. This is not a rule.
It is essential to analyze the context, moment, and chart, as every weekend opens up opportunities, including now!
Let's analyze $PENDLE coldly and impartially. I have quite a bit of this token in the ledger and a bit in the exchanges.
Looking at the daily chart (image in the post), the scenario is quite clear.
The 7-period moving average has turned down, crossing below the 25-period, and this confirms a recent selling pressure. (For no apparent reason)
The price is working below the short-term averages, and very close to the 99-period average, which is at 3.385 and could hold as a key support. Not good!
The short RSI (6) is in the 30.8 region, practically entering oversold territory.
The 12 RSI at 39.9 and the 24 RSI at 47 show that the movement has lost strength, but there is still room for more decline if it doesn't hold now.
MACD is practically zero, slightly negative, with no buying or selling strength at this moment. However, the histogram is indicating that sellers still dominate.
Stochastic is also looking bad, with the K line at 33 and the D at 40, crossing downwards, reinforcing the weakness of the price.
Volume has increased significantly in the last bearish candles. This is not good; it shows that those who are selling are pushing hard. If it loses the region of 3.680, which was the recent low, it could easily seek 3.359. Now, if it holds and makes a reversal candle, one can imagine a bounce up to 4.08 or even 4.19, which is where the 25-period average passes.
The scenario is bearish in the short term, but it begins to enter a possible zone for a technical bounce if a reversal candle appears along with a loss of strength from the sellers.
Actions:
-I wouldn't sell anything.
-Below $3.60 I will buy more $PENDLE
-I do not operate with long/short.
But… If I were still trading, I would go short, with margin, 2x. Aiming for a margin between the current price and $3.60… on the first significant drop I would place a stop gain. Stop loss at 2% above the entry.
I would operate with the 5-minute chart open on TradingView.
→ Bull market yields profit. First step. → Safeguarding solid assets keeps you with capital. Second step. → Bear market, that’s when you buy when no one wants to buy and sell when everyone wants to buy, which will be in swing traders and hold until the next upward cycle. (if you have cash saved)
👎🏻No more playing this alpha token game like a cult member.
👎🏻No more risking everything on memecoins.
✅There is no easy and quick money gain.
Build a portfolio, bold, balanced, and strategic:
I will provide an example, but you could create more than 10 mixes of crypto and tokens with the potential to bring profit, without promises of airdrops, without gems, without tokens with trillions in circulation and shitcoins.
20% $BTC 10% $ETH 10% $USDC IN EARN - AWAITING BUY OPPORTUNITIES 10% PENDLE 10% VIRTUAL 10% ENA 10% COOKIE 10% SUI 10% TON
Ideal wallet for day trading, swing traders, and hold until the end of the cycle.
Accept it if you want. This is the path that big players take to succeed and make money in this market. Either they are stacked with BTC and ETH, or they have a well-distributed wallet.
One of the most valuable assets in the world may be your strategic exit at this moment of crisis: $PAXG is Binance gold!
PAX Gold (PAXG) is a token backed by physical gold, issued by Paxos and stored in secure vaults in London. Each token is equivalent to one troy ounce of real gold (approx. 31.1g). It is tradable on Binance and combines the stability of gold with the liquidity of cryptocurrencies.
Another token that I have and recommend for this moment: $EURI stablecoin backed by EURO, stronger than the dollar and yields a nice earn here on Binance.
Two rocks to help you face this delicate global moment and await the developments of the facts.
The loss of the $105,000 zone occurred with increasing volume, which validates the breakout and indicates strong selling pressure.
The current red candle is wide and aggressive, typical of panic/mass stop loss movement.
2. Next critical support zone
$101,000 to $102,200
Region where there was previous accumulation (pullback) in previous days.
If it breaks $102,000 with strength, the most likely target is:
$98,000 is the psychological + technical support (key daily level).
If it falls below 100k, do not panic. The whales will buy, I will buy and I suggest you buy what you can afford to risk. Of course, it could fall further, but the scenario tends to recovery in the short term.
If you are too exposed in memes, alpha tokens, and low daily volume altcoins, consider taking a temporary loss. Sell your most volatile assets.
Look for more robust altcoins within the top 50 by market cap. You will find more security and less volatility. When the situation calms down, you can return to higher risk.
I will leave 3 suggestions below:
$SOL
$BNB
$XRP
If you want to keep part of the portfolio with more risk, consider these 3 options:
COOKIE VIRTUAL PENDLE
Stay calm, no drop (and no rise) lasts forever.
Take screenshots, record transactions, do the math.
And if you are too exposed in unlisted tokens, with 80% or more of the portfolio, in some cases it may not even be worth selling to seek recovery in other more solid tokens.
If you read this far, comment your favorite token here in this post!
In one of the images in the post, I left an even more conservative strategy for the current moment, check it out!
For those seeking consistency in the market, understanding the right indicators is essential.
In my view, three pillars stand out: volume, liquidity, and trend. They reveal the strength, fluidity, and direction of the market... and together form the foundation of any intelligent decision-making. And this is not nonsense. It's the basics!
Volume – Measures the amount of assets traded in a period; the higher the volume, the greater the interest and market strength.
Liquidity – Reflects the ease of buying or selling an asset without impacting its price; high liquidity means lower spread and more agility.
Trend – Indicates the predominant direction of the price (up, down, or sideways); following the trend increases the probability of success.
In fact, a good token made a slight correction but has the volume and liquidity to hit 0.27 in hours. $COOKIE
In the attached image are the signals I sent yesterday.
What was triggered is what most people followed and could profit from.
I know this because it was the highest commission I received from Binance.
With the joy that those who followed could profit. 🤩💕🤑
Enjoy it because in July my partner will take back the crypto world account and he prefers to post analyses rather than signals. Enjoy it because I will soon post more scalping and day trading. Kisses! 😘
The not-so-positive part is that BTC dominance has increased along with it, and there is no volume or liquidity in altcoins. Today's highs do not compare to the potential of altcoins in moments of euphoria, liquidity, and volume.