Why not use the left-side trading strategyInvestment has always been diversified, many people choose to bargain, low suction and high throw; some are on the right. The method is not good or bad, but for different markets, we should choose a suitable way, rather than mechanically mechanically.
Buffett is a typical left investment, many times he can hold for ten years or more, so everyone respect him as the god of shares. But that is the fundamental logic, there is the target of long-term investment value. But in the digital currency market, altcoin does not have solid fundamental support, so the left trading method may bring huge losses.
I made a simple count on the weekly chart, where most altcoin s have fallen over 70%, but is that the bottom? In the last bear market, altcoin mostly fell 90%. Regardless of the time cost you need to cover, that is, there is 20% in space. If your source of money is borrowing and using leverage, how much pressure will you bear? The reason why many people can not maintain a good attitude is not that they are naturally urgent, but under the pressure, can not maintain a good attitude.
Therefore, I have always suggested that you use the right trading standard, on the one hand, we can avoid the uncertain time cycle, many times, at the bottom will be sideways for a long time, even if you buy a low point, but can not make profits, that is, lose the opportunity to invest in other targets, will also let their doubts, resulting in the imbalance of mind.
Summary: For the lack of consensus, lack of fundamental support, lack of institutional funds, we should adopt the right-hand trading strategy.
ONTUSDT trade ideas
ONT BEST TIME TO BUY AND HODLHello Everyone, If You Like The Idea, Do Not Forget To Support With A Like And Comment .
At The Moment We Are Going To Sit On FIB 0.846 . Its Long Time Market Dont Allow Good Buy Opportunities To Buy Alts And HODL . Alts Doesn't Have Deep So No One Can Catch The Dip If BTC Break 30K . Im Going To Add Coins To My Bag Which Entered Long Term Buy Zone With Using Strategy Sell 50% On Every 100% Profit .
Warning : This LvLs Are Gate Of New Session So Don’t Enter Altcoins All In . Personally Planning Bought Alts With 20% Portfolio .
Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable Ideas At A Distance.
Ontology ONT is ready to break up.ONT is network is an alternative for the ETH and BSC. Dapps are being built on ONT. OpenOcean, Unfi, etc are using ONT network and more are integrating ONT.
This is just an idea of the ONT chart on daily timeframe.
I will add ONT if it get dipped or when it retest the resistance area as support.
ONT/USDT Consolidation between support and resistanceONT dropped hard during this market dump and we see a consolidation between the 0.9$ and 1.3$ range.
This could narrow down until July before it finally breaks out.
We expect the breakout to occur upwards.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ONTUSDTHello to you all. Mars Signals team wishes you high profits at all times.
If we get out of the triangle and stabilize, we can enter the trade for the above goals. And in case of breaking the line from the bottom, we have specified the support for you.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!