📈 TRADE ALERT

one of my slow plays today as I won’t be monitoring that much

ETC long @ cmp x 30 lev

inverse h&s on 1h tf
strong support on 49.376 (check 4h tf)

SL: 48

cheers!

#trades W

just saw a dragonfly doji on btc 15m tf,

today might actually be a green day 📈

33.6k very well defended for now, a long scalp at 33.6k should be quite profitable

but if btc closes 33.6k, likely to be dumping downwards

there's a h&s on btc 15m tf, 33.6k is the neckline that needs to be cleared

I'm buying more BNB in spot here, expecting good stuff from BNB

averaging down my BNB swing

did a quick scalp as mentioned at support

full close

btc 15m tf

if neckline is broken, it's gonna be quite a dump

as shared just now

if it breaks take a short scalp and close quickly in profits

quick updates:

btc still ranging, holding well so far

i think the amazing thing is how it's holding while whales are shorting

very similar to yesterday's situation, but btc still made the breakthrough

if btc can continue to hold well, with an improvement in market sentiment we might see further upward movement

if you're in a position now, short or long

please use stop loss!

btc can still break either side

averaged down my ETC here to 49.43 entry price

just got back,

still ranging, still holding

looking similar to yesterday's trade

i think there's a real good chance of a breakout here

yup, nice break out :-)

were you patient enough? 🙂

almost 12h later 🤡📈

another W for the books,

profits taken, SL entry

cheers!!

market isn’t stable as it just pumped,

don’t enter new positions

wait for the market to stabilise and wait for the trades to come to you!

don’t go hunting for trades +++ (easiest way to lose money)

as always, don’t chase the pumps/dumps if you’ve missed it already

#tips

i think this is also another good example for the new traders here,

patience is really key in trading, whether it is to look for trade set-ups or waiting for your trade to play out

have confidence in your trades, no panic selling

check if trade is still valid once in awhile, if it’s still valid, let it run

cut loss if you feel it’s no longer valid or the price action is looking weird/not expected

if it hits your SL, nevermind then we move on to the next trade no emotions!

#tips

managed to end the day in slight profit overall from BTC scalp and ETC play saving my BTC overnight short loss

have a goodnight and I’ll see y’all again tomorrow!

to the top with you,
cheers!!

Yes bro thanks to u I can see better

Today all trades profited, made close to 150 with my 200

Alot of lessons learned from ur channel!

📈 POTENTIAL TRADE ALERT

stopmarket long btc @ 33k

SL 32700

looking for a bounce on key support

if it doesn’t trigger, it’s fine

Just now I lost somewhat 18$ on BNB short... When btc pumped.
And for loosing that money... I instantly opened a long position at 34144 and lost another 9$ closing the same when market starts to dump...
To recover the loss... I opened long position with high margin at market price 3 times... And closed them at loss...

hey guys,

just wanted to share this example (with permission from @DroneKilzer )

this is emotional trading right here, opening new positions to immediately try recover losses and also panic closing

what’s more is that opening new positions in an unstable market aka now when btc is dumping and bouncing around will only cause more loss 90% of the time

it’s really unsafe to trade.

i want to thank @DroneKilzer for allowing me to share his example that just happened 10 minutes ago

and i hope you guys can learn from his mistakes (and mine when i first started as well)

#learn