Just my point of view. Awaiting confirmation.
Aktualisiert
Just wanted to update what I currently see with recent price action.
Please note this is just my personal perspective and any drawing/ trend lines may or may not be on accurate price points.
I'm not at all bearish . Sideways action/dips for retesting will still be happening but we should start to see more bullish movements in the coming days (hopefully).
HODL strong and remember to invest into other markets/projects if you are able too. Just don't spread your capital too thin and just keep a top 5-10.
I hope all your investments 100x. Have a great day.
Please note this is just my personal perspective and any drawing/ trend lines may or may not be on accurate price points.
I'm not at all bearish . Sideways action/dips for retesting will still be happening but we should start to see more bullish movements in the coming days (hopefully).
HODL strong and remember to invest into other markets/projects if you are able too. Just don't spread your capital too thin and just keep a top 5-10.
I hope all your investments 100x. Have a great day.
Kommentar
Incase anyone wanted to know. This is how I structure my trading. Can be applied to larger time frames. It's very versatile for whatever works best for you.Yellow: Buy zones.
Red: Partial sell zones. (10% of my trading wallet, which is 5% of my portfolio)
Orange: Back up Emergency orders (Usually 40% of funds all together)
Usually when the orders below gets hit I get cautious and zoom out to recheck my support/resistance zones.
PROTIP: To better explain my buy zone, anytime significant support/resistance areas are broken. That area becomes my Buy Zone/Reaccumulate area.
To keep from buying too early, despite knowing multiple retests will come, like it always happens. I restrict placing any additional orders unless it enters:
Above
Within
Below
My zone.
If you want a neat trick on when to take PARTIAL profits on the way up. You right click on your drawing and hit clone. It will automatically place a copy of your line/box on a significant price area. If price action is still continuing upwards, simply re-clone the new one.
Trust me, I don't question it. I just take advantage of it.
If you are having trouble getting your cloned Lines/zones from being placed higher/lower, depending on your risk tolerance, flatten/raise the chart layout. Won't take too many tries till your satisfied.
Kommentar
If you're comfortable with price action and your own charting. Don't forget to move your zones upward relevant to possible key retest areas. Don't FOMO in and be patient. Also it's important to take profits when things are looking up. Remember, the goal is to sell high and buy low.
Kommentar
What I'm looking out for as a potential pattern that's playing out. Kommentar
Kommentar
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