Spot holding assets like BTC and ETH and other ALTs do not change for this Idea. This idea is only applicable for trade account trade tactic. Risk Reward for buying ETH for BTC during this descending triangle makes little sense for me. I will wait for a clear pierce upward the resistance line. Good day, Fleeangel
Lets go AXS! I love buying resistance break with a stop loss tight as 3%.
KRAKEN:DAIUSDT There are numerous ideas and some real facts of and continuing act of regulators hammering some of the pioneer Stable coin companies LIKE Circle, Blockfi, Celsius for different reasons; all sums up that centralized issue USDCs are looked upon as bonds that does not back 100% USD for one USDC and on top of that, Blockfi celsius service include...
In hindsight, start of Q4 20201 somewhat resembles that event of Q4 2020 which called start of extreme uptrend in price of Bitcoin i.e. 16K to 30K in a month time. Now we are seeing BTC bounce around in 30~50K horizontal support & resistance area- and finally pierced through my resistance 'yellow line' . I am no short term speculator to scalp some stable coin. We...