There are times when in trading, it's right to not open a long or short, but its correct to accumulate. Now is a great time to do so since we just got short squeezed on BTC and
JUPUSDT just fell by 11%.Why
JUPUSDT ? Because it's 
SOL leading DEX and basically the 
UNIUSDT of Solana, the devs has also stated how ASR (Active Staking Rewards) would work and when you would get it (soon). So buy and accumulate a bag of it on spot. (Staking is up to you)Going to put this in bold, DO NOT FUTURES LONG IT, THE IDEA IS TO BUY SPOT AND ACCUMULATE, NOT TRADE SHORT TERM.
Obviously selling your house to buy JUP is satire and a joke, but if it ever hits that point you should accumulate more.
Remember traders, there are always 3 options in this space. Long, Short, and accumulate.
P.S.: To the TV Team, I do not know if I count this as an analysis or a tutorial, because the whole focus is to know when to accumulate and when not to trade. I'll post it as analysis, please dm me or change it if you feel it's in the wrong category.
ElvianElvy | Alpha Funded Trading: x.com/AFTradingProp
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
ElvianElvy | Alpha Funded Trading: x.com/AFTradingProp
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.