Combat Picks
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Price action, Educational content regarding trading & Crypto News

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Not opening new leverage positions at current market prices, just laddering orders down. Everyone is euphoric and bullish but a correction may come.
I am not saying we will dump from here, just that the risk to reward is not worth it and you better wait for the best setups.
MARKET UPDATE

With Bitcoin seasonality being once of the strongest correlation indicators around, and September closing with an overall -7%, we can expect October to be one of the strongest months of not only the year, but of this entire market cycle.

Each Bitcoin market cycle lasts on average 3-4 years, meaning we could be about to enter the final months of this cycle, with BTC highs potentially reaching as high as 6 figures.
$SXP LONG 2-3X - longer term swing position, DCA
RISK: 2%

ENTRY: 2.348 - 2.317 - 2.242 - 2.210
TARGETS: 2.57 - 2.9 - 3.5 - 4.2 - open
SL: 2.051 (daily close below)
Hong Kong Monetary Authority, Technical Whitepaper on Retail Central Bank Digital Currency - https://www.hkma.gov.hk/eng/news-and-media/press-releases/2021/10/20211004-3
If we manage to hold the 4h Breaker (≈2.14) we can see a reversal from $ADA.
$BTC volatility today is crazy. Market makers are taking all retail traders money 😒
Hope you are safe.
Let a Monday range to be formed and we will see what this week has prepared for us.
Combat Picks
$STEP LONG 2-3X OR SPOT. FTX REFFERAL FOR LESS FEES: https://ftx.com/#a=14767752 Please manage your risk !
After a steady 200% profit with 3X, $STEP is again forming a nice setup.

ENTRY: 0.8280 - 0.8005
TARGETS: 1.0845 - 1.1875 - 1.3310 - ATH
SL: 0.7575 (4h close below)
Do not miss the free setups community traders are giving in our discord.
Join now if you are not in yet https://discord.gg/eC7MeQSe
#Bitcoin Long Term Holders have added 2.35M $BTC to their stacks since their supply bottomed out in March.

In that same period, only 180k $BTC were mined.

This means LTHs have hodled 13x more coins than were produced via fresh issuance over the last 7 months.