Escaping the accumulation phase - Investment entry
Updated
Hello community,
Today, I'm excited to kick off a new journey into the world of cryptocurrencies by sharing with you my new investment asset WAVES/USDT.
Fundamental analysis:
Money management strategy:
The designated capital for this trade is $436+500$. Here's how the funds will be allocated:
1st Order ($436 spot): Placed at the current market price. This order aims to enter the market after the accumulation phase exiting.
2nd Order ($500 spot): Set around $1.269. This price level aligns with a strong weekly support and the bear market bottom, making it a strategic adjustment price point.
The objective of this investment is to take profits at 5x but can be flexible depending on market conditions.
I won't be adding any additional orders below these levels.
Happy trading, everyone!
This is not an investment advice, I am only sharing my own portfolio ;)
Today, I'm excited to kick off a new journey into the world of cryptocurrencies by sharing with you my new investment asset WAVES/USDT.
Fundamental analysis:
- Good margin between the current market capitalization and the all-time high market cap.
- Strong project
- Strong community
- The coin intersects with many domains (high volume)
- Negative point : no max supply
Money management strategy:
The designated capital for this trade is $436+500$. Here's how the funds will be allocated:
1st Order ($436 spot): Placed at the current market price. This order aims to enter the market after the accumulation phase exiting.
2nd Order ($500 spot): Set around $1.269. This price level aligns with a strong weekly support and the bear market bottom, making it a strategic adjustment price point.
The objective of this investment is to take profits at 5x but can be flexible depending on market conditions.
I won't be adding any additional orders below these levels.
Happy trading, everyone!
This is not an investment advice, I am only sharing my own portfolio ;)
Trade active
Hello ,I wish to share an update regarding my recent trade.
No changes regarding the orders and the strategy . I am waiting for the second order to be executed to adjust my entry price lower.
This correction is beneficial for the market, presenting an excellent opportunity to trade with larger positions.
Happy trading !
Trade active
Hello,Still no changes regarding the orders and the strategy .
Happy trading !
Trade active
Hello, Still no changes regarding the orders and the strategy . It is normal that the trade can take time. The accumulation will bring more returns.
Happy trading !
Trade active
Hello,Although today's agressive decline, no changes regarding the orders and the strategy.
I am waiting for the second order to be activated.
Happy trading !
Trade active
As binance will delist Waves in few days , my second order will be placed on kucoin platform. My current wave coins are moved to my cold wallet. Also, If the target is reached I will be executing order in the kucoin platform as a sell market order.Happy trading !
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