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Still short on Pepe ..So easy, Next stop 0.00000098Step Curry with the 3 though, your boy is hot as usual, anyways all of the white and yellow likes you see are my measure moves, essentially where the bottom of the trendline is, is where price will drop to next, the longer lines that go off the page are based on longer timeframes, I dont want to tell you where the charts truly suggest its going, it might scare you lol, Anyways, next stop for Pepe is 0.000000988, My take profit because I am a G and because I unequivocally trust my T.A above all else is 0.000000888. Happy trading folks, remember to set those stops outside the zone, if its been wicked to once and can be wicked to twice...
Short
by Crypto_Cam_1
4
Bitcoin - What you've been doing this whole time!Timing is everything! When you enter a trade and when you close a trade determines your rate of success, with this in mind let's answer a common question: Can you make it as a day trader in Crypto? The answer is simple and unequivocal, NO! Why? You don't have that many options, the coins are very few and they all move in the same direction as BTC. Other than the top 10 or 20 coins which are safe, you'll quickly run out of safe options. So how do you make money in trading Crypto? Become a position or swing trader. We'll talk about that on another post, now back to timing. Crypto has a different rhythm just like every asset class, you'll make a lot of money if you understand how BTC and crypto move in general. WHY ARE WE ON THE SIDELINES AFTER WINNING? If you jump in right away, especially after a winning trade you'll start to give back your profits a few dollars at a time. How? You'll jump in at the wrong time and set a stop loss, it will get hit and you'll do that over and over again. By the time we reach the bottom your profits are gone and maybe you'll have less money than before. However, if you sit on the sidelines with cash + profit in hand while we find the new bottom you'll have more money to invest and that money will in return make you more profits because you are buying at cheaper prices. Now you are starting to see how timing is everything, patience and discipline are what creates those large payouts. WHAT IS BTC DOING RIGHT NOW? Bitcoin is taking another shot at the 200 moving average on the 1-day chart, which was expected since the rejection from the last encounter on the 19th was not strong enough. What's our gameplan right now? To wait for BTC to conquer the 200MA and the white line above it decisively before jumping in. We now have a new low, we just have to wait and see if BTC takes off from here to make a new high. Lastly, are my two "Buy Zones" still in play? Yes, they are and they will be until the odds of going there are too low. When will we know? I will tell you as the odds begin to fade. Looking at the 6-hour chart you can see that we are still interacting that small channel so it is pointless to jump in (especially since we are near the top, another phrase for we are near the end of a run). Bitcoin has to go and close over that old resistance line very soon (which is what it is doing at this point), it can then take a rest on it to stage the move on the 200 MA back on the 1-day chart. Keep this in mind; Your concern as a trader is not price, your concern is a safe entry point where the odds are in your favor and the reward is worth the risk. There's no need to make 5 trades a week, with just 2 to three a year you can make plenty of money. You just have to learn how to find those low risk, high reward bets, reach out to me I can teach you how. My style of trading works and I've proven to you over and over again that simplicity is best over complexity. Keep your eye on a few battlegrounds and you'll get good hints about BTC's intended direction. Reach out to me if you want to become a better trader. VERY IMPORTANT: Hitting the "Like" button is like a tip, please don't forget to do so after reading, this is your way of thanking me for my time and so I thank you for yours. THE TREND: Neutral / Sideways THE OUTLOOK: More downward movement expected.
by cryptoGats
354