Hello everyone!
My analysis on #BTC was correct, as we’re now seeing an anticipated bearish correction 📉.
The recent conflict between #iran and #Israel has intensified the sell-off, pushing most altcoins to break key support levels, hence, the severe bleeding in the #alt market 🔴.
On a monthly perspective, results are still positive (in green), so it’s best to remain cautious and limit risks during this volatile period.
For now, I’ll focus only on sharing setups with confirmed breakouts and clear signals.In the “Live Trade” topic, you can see my own positions, which may sometimes involve higher risk and are more likely to be short-term.
A few quick trade I took yesterday updates:
🔸 $RVN nearly reached TP2 ✅ before a sharp drop. The bullish pattern broke down, causing further losses (SL ❌ after TP1).
🔸 $ROSE failed at the 1-month wedge and retest, which invalidates both medium and long-term scenarios. 🔴
🔸 $SYRUP dumped by 14%, hitting my TP4 ✅🤑.
🔸 #ENS also hit TP4 ✅ for those who hadn't closed earlier.
I don't plan to take additional risks on long positions at the moment. If you managed your positions according to proper risk management rules, any losses should remain manageable.
Let's move on and find the best setups togethers 🎯