Prepping for Tomorrow's Key Data
Placing several limit orders with a small risk exposure (3-5% of the portfolio across all trades). If the macro data turns negative, traditional markets could repeat the early August pattern, and crypto is likely to follow. Plus, we're heading into September, historically one of the weakest months. Not taking any major risks here.
🟠Entry
🔴Stop Loss
🟢Take profit
The market is in a sideways trend, and this consolidation keeps narrowing. I'm looking to catch a bigger move soon. Eventually, the momentum will hit, but this consolidation has stretched out longer than expected. It’s almost like the introduction of ETFs in crypto has disrupted the traditional 4-year cycle, as post-halving moves used to start much earlier.
🟠Entry
🔴Stop Loss
🟢Take profit
The market is in a sideways trend, and this consolidation keeps narrowing. I'm looking to catch a bigger move soon. Eventually, the momentum will hit, but this consolidation has stretched out longer than expected. It’s almost like the introduction of ETFs in crypto has disrupted the traditional 4-year cycle, as post-halving moves used to start much earlier.
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