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Sushi

Risking to loose 20% - 50% to win 10% is just not wiseBTC could touch the bottom of the channel at about 44k and come back up, sure. But in the technical we are loosing energy, inside an ascending triangle with higher probability of a correction. I feel like is less riskier to short right now than longing to be honest, I don´t short during a bull run like that but that's how it looks now. And I also have a question that I would like to leave for you guys. Do you really think that the giants of the tradicional market want to buy BTC during a hype FOMO situation like the one we are leaving today? Sure, they want to buy, but do you really think the sharks are risking to loose 50% of their capital? I don´t think so.
BITSTAMP:BTCUSD
by ViniciusBaccelli
3
Orders at 42.5k would be wise, not having BTC right now is not.BTC is extremely bullish right now, not holding BTC right now or shorting it just does not make sense. Even though I agree with the idea that when everybody is talking about an investment is time to leave it, we are talking about institutions right now, the potential behind BTC at this moment is insane, but like I sad, having lower buy orders is always wise and could improve your average in case of pull backs, always leave some money for emergencies.
BITSTAMP:BTCUSDLong
by ViniciusBaccelli
2
ADA inside ascending triangle, my current strategy.Hey guys, I though my Stop loss would be touched yesterday but it looks like people are really holding ADA with their teeth. Anyways, I though that would be nice to share my positions on ADA right now, I am still holding it with a really close stop loss at 0,67. I noticed that ADA created an interesting ascending triangle that could break the channel into new highs, RSI is around 65-75 on the 4 hour right now so there is some space for a continuation, with so many good news on the crypto market maybe it could happen and I wouldn´t want to loose another pump. But if my stop is touched I´ll exit ADA with some good profits anyways, so why not wait right?
by ViniciusBaccelli
7
Something fishy is going on with SUSHI!I love sushi, but my girlfriend doesn't like fish. Often that means I never get to eat it because we don't go to sushi bars (duh). And when I do get the chance, I have the entire feast for myself. This is the same with our crypto equivalent, I'm all alone at this bar eating by myself. Care to join? Technicals used: Gann angles for strong resistances/supports, supported with a standard fibonacci retracement. ADX + DI, shows a upward trend. And Ichimoku senpai says we are ready to eat some sushi! Now if only Mister Bitcoin doesn't barge in, and ruins our party....
Long
by joowz
2