wow DOT really going for it

first 100% for the day :-)

taking 50% profits here

cheers!!

i usually don’t like to give TPs as I believe that you should take profits whenever you think it’s enough and that you should always dca profits out!!

so if you’re in my trades with me, take profits whenever

for those new to my channel,

here are some terms i often use!

SL - stop loss
TP - take profit
CMP - current market price
H&S - head & shoulders
SOS - sign of strength
SOW - sign of weakness

📈 TRADE ALERT

BNB 4h tf

it finally broke out of an ascending triangle formation

will be buying some in SPOT for a swing trade here, no leverage

very bullish here on BNB it has showed strength the past few days every time btc has a run up

TP: none (personal preference)
SL: 296

swing trade - trading on low/no leverage and holding for DAYS

#trades W #swing

dropping down to BNB on a 15m tf,

we're looking for a retest on the level of 314.16

entering a long on the retest would be good

if not, it's okay to miss a move as well

do keep an eye out for bnb

if you've benefitted from this channel in trading knowledge or profits, please do help share the channel! :-)

t.me/cryptomumbles

to the top with you,
cheers!!

btc 15m

nice hammer close, looks like we're going up to test the resistance again

this support does not look very strong to me, there's a chance of breaking, possibly if we fail to break resistance again

keep your SLs at entry or SL+ if you've not done so

overall still bullish today 📈

as expected, the support couldn't hold

it's starting to break down without a second retest of the resistance

closing my long positions in full here

will look for a good entry to trade again

📉 TRADE ALERT

SUPER SUPER risky trade here trading against the trend

but I'm going for a quick scalp shorting BTC at cmp

SL: 34832
TP: 34550

reasons: support looks weak as mentioned, 15m candle closed below support breaking it, betting that price will fall back to the next support, nice RR of 2

#trades W

as shown

please set TP and SL as the move to TP might be a quick wick, SL to cut loss since we're trading against the trend here

once again SUPER risky trade*****

pretty interesting that the previous 2 green candles do not have a bottom wick

around 85-90% of candles have both top and bottom wicks

shows the bulls are fighting pretty hard to close back up into the support zone after losing it to the bears

however the previous candle is something i would still consider a shooting star despite it being green as the long wick tells me the bulls are losing steam with the green body getting smaller

but i can only confirm it after seeing this current candle's price action and close

closing my trade here with small profit!

missed the screenshot but i closed when the candle came down to my entry! (the wick)

very lucky here to be able to close breakeven/small profit as the trade wasn't going in my desired direction

once again that was a really risky trade

never trade against the trend!

📈 TRADE ALERT

taking a small margin long on OGN at CMP

depending on the situation, might average down

reasons: bounced off nicely on support, still bullish on btc

SL: 0.65

creds to @suho_kun for sharing the trade here!

#trades W

btc 15m tf

btc went up to test against the resistance zone again and failed

however, HH HL market structure is still respected

longs are still valid as long as the support/ trendline does not break

as with all support and resistance zones, it can be a point of change in market structure

btc on a 1d tf

pretty scary to see as we’re trading in a huge descending triangle

this actually signifies that the price we’re trading at now might be a turning point as it is testing the resistance trend line

#analysis

for us to remain bullish, we definitely need a daily close ABOVE the trendline,

daily close of 34800 and above would be good

#analysis

dropping down to btc 4h chart,

if we do not close above the trendline, we'll then head back down continuing the LH, LL downtrend market structure

when trading, it's always important to first see the big picture on the higher tf first, before dropping down to trade the lower tf

although you might not be as affected by FA or the larger trend at hand, you must know when you are approaching key areas of the bigger trend (1d/4h/1h), so that you won't be caught off guard if a huge reversal happens!

#tips

just a reminder:

futures trading is very dangerous and ONLY trade what you can afford to lose

trade only with 2-5% of your wallet balance each trade with leverage that you're comfortable with

don't be greedy - it's a slow process becoming profitable, but losing everything can be in the blink of an eye

nothing here is financial advice, i don't claim to be an expert or an accurate trader, just sharing my trades and what I know to possibly help someone out! i'm still learning myself as well, there's a lot to learn about trading 📈

trading can be the best thing if done right, so let's achieve that together 🥳

to the top with you,
cheers!!