Edward Morra
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[Trading journal and research]

Only my original content since 2017
-Not financial advice. DYOR!-
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$BTC

Can be missing another drive lower (-$1B clear OI) and then we bounce
Edward Morra
👨‍💻And while we are at it, let's review the airdrop list from this post + this post. I'm going to just put the entire list here + add few projects I think worth checking out (airdrop potential). ▫️dharma: no token yet action: use mobile app, send, swap.…
👨‍💻 [ Airdrops ]

▫️I’ve stopped actively talking about airdrops since it has now became a mainstream. Lots of tg channels and twitter profile exclusively covering that topic, so you better look there, I am trying to keep this channel more trading/investing related and its just too much updates and information about airdrops nowadays. I’ve talked about many airdrops in the last market and most were very successful (dydx, optimism, arbitrum, hashflow, goldfinch etc).
Now, airdrop meta has changed significantly, there is too much information that you probably already know.

▫️I’m still doing some activities + focusing on new chains (been farming Solana projects since last year (check 👉here + simple strategies on them 👉here). Go check if you haven’t, there is still time.
▫️In addition to Solana projects, I’m also still farming these: ZkSync, Linea, Scroll, Manta (ecosystem protocols), DeBank, Zerion etc. I will be posting some major updates on them going forward.

Best of luck everyone!
Funding rates almost dropped down to normal.
Nature is healing + boomer suits (ETF) coming on Monday = green week ahead of us (hopefully)
Edward Morra
$XAVA Pumped almost +100% from the entry initially, now at +65%. Not fixing any profits, leaving it for now. They haven't even done a single launch yet but they announced a sneak peek into upcoming IDOs: https://blog.avalaunch.app/upcoming-idos-on-avalaunch/…
$XAVA

+90% profit. Setup I provided gave plenty of time to accumulate.

You can also use these coins to gain extra yield participating in various GameFi projects on https://twitter.com/AvalaunchApp (last cycle they printed so hard)

$XAVA is essentially a high beta play to $AVAX
Edward Morra
$BTC Fucking nuke it already and giga bounce, why is it taking so painfully long? https://www.tradingview.com/x/5zPBZRDi/
$BTC

Bounced

Think we finished with selling (at least for today), time for a market to catch a bounce.
First area of resistance (supply) is around $67k, lets see if this is a dead cat bounce or we go higher

https://www.tradingview.com/x/V6ia3EdF/
$ETH

Honestly didn't think we get here so quick without a bounce but this daily demand is a good place to bid.

I've started buying the dip too early but increasing my risk and adding more.

https://www.tradingview.com/x/9ZnVDOuH/
Edward Morra
$ETH Honestly didn't think we get here so quick without a bounce but this daily demand is a good place to bid. I've started buying the dip too early but increasing my risk and adding more. https://www.tradingview.com/x/9ZnVDOuH/
$ETH
https://www.tradingview.com/x/stiglp4P/

Last night there was a lot of new FUD about ETH (SEC security/investigation) but price held pretty strong. This is how you know the FUD was orchestrated just to make people panic sell. This is usually a good sign = price quickly recovers after bad news. Just remember that these guys lost their case to Ripple, so I am pretty certain they gonna lose it to Ethereum Foundation as well. Keep holding your ETH!

Anyway, been filling some bids over the last couple of days, ETH is one of my biggest positions at the moment.

https://x.com/edwardmorra_btc/status/1770671612125401090?s=20
We now trading back at the levels we had 2 weeks ago but with much more healthier funding rates across the board. Good sign!

Data: https://www.coinglass.com/FundingRateHeatMap