Crypto Trenches SitRep📡
27 photos
7 links
Updates and analysis on the crypto trenches. Charts. News. Buys/Sells. Tips and tricks.
Download Telegram
Crypto Trenches SitRep📡 pinned «📌 Welcome to @xELITISTCRYPTO's TG channel. This channel is built to educate, inform, and guide you through crypto. From fundamentals to real-world execution. If you’re new here, start with this: Step 1: Learn the Basics 🎥 Watch the intro course (crypto…»
11 flips is a simplistic way to view trading.

It takes away the potential losses and set backs, some may start with $5, $25, $1000.

There's 3 takeaways from breaking it down like this.

1. It's showing the the ability to make money- with money. With work, you labor for cash. With trading, you make your cash work for you.

2. It doesn't matter where you start. Even w $1 the process is the same. Can you make $1 = $2? It's great to start with less, to build the fundamentals and your foundation. So that after time, you feel more comfortable with risk to receive more reward. The more capital used may mean more risk, but less flips overtime. (You'll make more money faster, the more you put in.)

3: most people get into crypto because of the huge amounts of money being made in single trades. But reality is not everyone hits 100x. I've found success in hitting 2x consistently, beyond any singular 100x trade.
ALT SEASON CALL 08/01/25, ETH BREAKS OUT 08/03/2025 from 3.35k.

Currently ETH and other ALTS up 30%+
https://x.com/xELITISTCRYPTO/status/1955436120709496998?t=FTSGWM5zQTmLvAOiKKY8eQ&s=19
Here's an example of following an uptrend on XPL.

First was seeing potential breakout of the ascending triangle (pic 1 & 2)

what you would do here is take a long position at the top of the triangle set for when it breaks out.

You would set the take profit at the previous high.

Based on pic 4, you would take the profit and wait for the retest of the same line, at which if it holds- your re enter and rinse repeat.
Another example pic by pic.