Is YFI the only Defi that hasnt pumped? Fundamental doesn't look bad. If Btc trades within its range, it can show some good show here... Things we must know Part1: Its okay if you are not positive all the time \. Embrace human experience. Happiness Comes in Waves. Cheers Everyone. Have a wonderful day.
Can it be this easy? Just a scenario which makes sense to me. Market does not give us easy money but just to add some spice and more FOMO this move looks interesting. This move is quite good to liquidate new comers. Place stop on your trade.
Self Fulling Prophecy Cycle... Stage 1 HODL Have a great day!!
This alt has shown one of the best price action. I'm not a Elliot wave fan, but what I can see here is: The 1st impulse wave(7k-17k) and retracement to .382, 2nd impulse wave(12k-30k and retracement to .61.8, in bull market I don't expect a lot a big correction from strong coins like they as they have strong hands holding.. I think if we get the buy zone in the...
Don't always go all in.... Build your position. Always put your stop loss. Risk Management is key..
This is crypto market.. this kinds of drops are nothing but usual.. Take a deep breadth and build your position.....
Everybody long eth, everybody waiting for last upthrust why not
Its good to be wrong sometime... I got stopped out..which gave me a new perspective to look at the market. I can see the parallel line being respected. The reason i will short with low leverage is 1. Greed is 90 2.Bitcoin dominance is at monthly resistance 3. Respecting the parallel lines.
Reason 1. Bitcoin Dominance at Resistance. 2. Fall of S&P next week 3. Seen this pattern in ETH 4. I fell like ETH needs to take out longs from 360. 5 Good risk to reward. 6. Fear and greed-- People are having many upside target 14k might be the top for this year. Will provide another string thesis if this plan fails....
The supply zone is tapped, sharp downfall to green zone might rekt alot of altcoin holder and also to the traders who are long.. S & P 500 and BTC price relation are co related down fall of S an p might also take btc to futrher downfall
My own Emotional Journal... Many people are expecting the demand zone the recent rejection . If this drawing argument is to be valid it goes through the supply zone and and then retest the demand zone... As many people are in long in BTC right now the pump to the supply zone will make them add position with an emotion of euphoria of new local top and alts popping...
Is it time for XRP? Well it all depends upon $BTC. All alternative coin follow >btc >S&P 500 1. I think S & P market shaked alttle bit of retial traders and its ready for next leg up. 2. I am almost complete with my thesis that BTC will taking next next up needs litlle bit of more confluence. 3. Usually hated coin pumps the most so i wont be suprised if xrp runs...