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We are close to the monthly close.As you can see the uncertainty is the dominant sentiment on the market. I was expecting a huge V shape bullish recovery from the correction. If we cannot hold the 34-35k level there is a possibility that we will test the 20-22k level. (top of the last bull market top) A test of the 22k level will be a healthy move and it will give a of confidence for large speculators to enter with long term buy positions. A good advise for your trading journey: Trading is easy, there are just two main things that are kinda hard: waiting (without acting) for the right moment to arrive and acting (without waiting) when it did arrive, and you must be predictive and reactive at the same time. You can join our community for more guidance and trading setups/signal for your own success. community.protradersnetwork.com
by tmsarn
4
Price action! Why you should not fear from the "death cross"..If you followed my activity probably you now that we managed to short the top of the market, and we bought back the bottom as well. The market bounced from out long position and our community members managed to gain 27%-40% on spot so far, we also set a break even stop just in case of a surprise event. Right now we expect an amazing price action since the averages are getting closer. There you can have another entry to buy, but I do not advise using leverage at all, since the low risk trading opportunity was from 2000$. We will update you later. Have a great weekend! Some of our latest results: ETH: short: 4320$ stop out 4454$ ---> 1st target 2500$ ----> 2nd target 2000$ profit(spot):52% | profit(5xLeverage): 258% BTC: short 51k$ stop out 52k$ --->Profit: 240% (5xleverage) ------> 1st target: 33k$ ------> 2nd target 30k$ Open long: 33k$ -31k$ ---> stop out 29250$. ----(Modified to break even: now we are risk of from the bottom) Pending: 1st target: 55k 2nd target: 58-60k Open long: 2k$ ---> stop out 1920$. ----(Modified to break even stop up to 2200$: now we are risk of from the bottom) Pending: 1st target: 4000$ 2nd target: 4200$ Thank you guy being a member of our community! community.protradersnetwork.com
BITFINEX:ETHUSDLong
by tmsarn
The case of the 1.7 trillion mk XRPFirst of all you will say that this one is unreal, there is no chance for this to happen. Yes, chances are low but its not impossible. I am not sure if you where at the floor when BTC crashed and XRP made some huge gains in a couple of days. So did BCH as well, and the news were full with headlines like "BCH will takes the first place from BTC because its much better" Everyone jumped into buying then the whole crypto market just crashed! General trading rules says: Buy low sell high, buy undervalued assets sell overvalued assets. Think about it, if you ask any crypto evangelists they will say XRP is shit, its not a crypto so on. Then they will enter the market when they see the price mooning and they will start to FOMO. It's all about pshychology. This thing to happen requires a lot of money. We had nearly trillion dollars on the market when we peaked few weeks ago. Half of it can make Ripple as a specex rocket if large speculators will make this huge move. I am not saying that it will happen, but daydreaming is not illegal. Nobody though that BTC will crash to 30k, exepct few one. Think about it! Have a great weekend you all! Join our community until its free! (But it's not mandatory!) community.protradersnetwork.com
POLONIEX:XRPUSDLong
by tmsarn
7
BCH did one of the healthiest retest of its early breakout! As you can see BCH managed to do an amazing retest, crashing below its breakout levels. I am not a huge fan of BCH but it has definitely a really good chart. ETH just only managed to retest it's parabolic breakout, so if you are looking for an undervalued coin here you have it! ---------------- Check the charts attached to get our skills --------------------- Some of our latest results: ETH: short: 4320$ stop out 4454$ ---> 1st target 2500$ ----> 2nd target 2000$ profit(spot):52% | profit(5xLeverage): 258% BTC: short 51k$ stop out 52k$ --->Profit: 240% (5xleverage) ------> 1st target: 33k$ ------> 2nd target 30k$ Open long: 33k$ -31k$ ---> stop out 29250$. ----(Modified to break even: now we are risk of from the bottom) Pending: 1st target: 55k 2nd target: 58-60k Open long: 2k$ ---> stop out 1920$. ----(Modified to break even stop up to 2200$: now we are risk of from the bottom) Pending: 1st target: 4000$ 2nd target: 4200$ Thank you guy being a member of our community! community.protradersnetwork.com
KRAKEN:BCHUSDLong
by tmsarn