Sometime the incentives are so good that you can actually switch exchanges for a few weeks. OKEx are trying hard to keep their position of the world's largest exchange. Massive incentives for traders.

https://mobile.twitter.com/HashedPlutus/status/1333823399538331648

Not scalping today, just building a portfolio in these coins to move into the cold storage. Buy into every dip for these coins. Set some low float orders above key resistance levels and watch the wicks do the magic.

LTC wicked down to $83 filling a nice bag.
ETH wicked last night and so did YFI.

I've added some SNX around $5 too.

Why trade when holding is so profitable?

Stay blessed fam. Good night.

Good morning beautiful people!

A couple of you took the time and wondered why I asked you to accumulate these major cap coins over the past three days in every dip. These are the ones that learn and become self-sufficient over time. Charts coming up in a bit.

Sidenote: If you have questions hit @cryptopotatoes a message.

$ETHUSDT Accumulation

For everyone following closely, we gave out a signal to buy in every dip under $580. This level was tested twice after publishing. Couple pointers leading to this conclusion.
> Market cycles - We are expecting for BTC to top out very soon and stabilize. Money usually flows to major altcoins or the money enters these coins before the big jump. Either way, we have a good RR.
> Breakout and retest on 4h, 1D.
> Very strong monthly close.

Yes the 4h PXI hasn't turned green but the least I can say from its trajectory that it should do it soon. We have great entries that could possible be the best ones before a massive breakout.

https://www.tradingview.com/x/bhIw6jly/

$LTCUSDT Accumulation

The pointers remain the same. Here we informed you to buy every dip under $85 which was tested numerous times. Still stands at a decent entry on both coins only if you have the courage to hold tight as long as the plan follows.

https://www.tradingview.com/x/OygQARHy/

$BTCUSDT

Choppy markets are an absolute beauty to trade in. HP Leverage makes it so easy.

Sidenote: I'm expecting bitcoin to top around $21,000 - $22,000 in the coming days

https://www.tradingview.com/x/N1A2l4A7/

Expecting some volatility. Be careful with your alt positions. Reduce them. We can always enter later even if it goes a little higher.

Never run on a track with a train approaching you.

These are my current leverage positions. Spot is in Tether.

Sushi closed at 23% profit.
BTC and ETH closed in losses here. The candles closed strong.

Continue to accumulate the altcoins.

When I don't give you a signal, there is a reason behind it. It's not important to catch all the moves. Kick back and relax your weekend.

Good morning beautiful people! I'm expecting a major move talking place today. Leaning towards a short for CME gaps we spoke about earlier. Potentially down to $18,600 or further down towards $17,800.

Game plan:

SHORT BTC
Range: $19,200 - $19,400
Targets: $18,600 / $17,800 / $17,600
Stoploss: $19,570
Leverage: 5x to 10x

Short coins with high negative funding and large deviation from EMAs 50/100/200.

Set low float orders above major EMAs on large cap altcoins to catch wicks.

Time away from the market yesterday was great. Always wait for the good moves. Don't jump in for the sake of it.

Good afternoon guys. The gold market is often considered as a safe currency in times of uncertainty. With the covid-19 situation we saw a massive rally in the prices of gold and other precious metals. People climbing on to stability showed a weakening dollar and a very strong gold. In the last few weeks, numerous companies claim high efficiency for the covid-19 vaccine. This could potentially mean the world economy is ready to open for business and people are open to taking higher risk for higher rewards. Usually some of the strongest stocks of companies during a crisis are utilities. With the world adapting to this new normal people are pulling out money from gold and investing it into rescue ventures like the stock market in cryptocurrencies. The gold market could see bottom in the coming weeks and would be a fabulous long term purchase.

People think the economy and stock market should move in the same direction. While we saw massive unemployment numbers, the stock market continued its upward rally. Remember this, the stock market it is forward thinking and instantly we observed through April was people betting on the future. right now people seem to be extremely bearish for the upcoming financial year. I strongly suggest you do not live on to a particular bias. Be flexible in your approach. You might see me go bullish from bearish almost every three days in the market but this is completely different from the long-term outlook I keep on the market. In the short term I am expecting bitcoin to retrace towards the $18000 levels but my long term targets remain above $21,000.

Got a couple DMs asking about my altcoin orders. Here's the list of orders which I'll move to my cold storage once filled. I'm gonna hold on to these unless I see a major moving coming in from bitcoin. Usually December brings the Santa rally. But you always gotta be on your toes when playing with cryptocurrencies. :)

Just saw the strongest weekly candle ever. Oof full sauce in crypto markets. I'm still expecting a pullback for our short. The stoploss is a must. This is a better RR if you enter now.

Another important reminder. You don't need to win every trade to be profitable. Even if you lose 75% of your trades but each trade has a 4:1 RR, you are good. Always skew the risk reward in your favour. And maximise the win ratio over time.

$SUSHIUSDT 60 min

Probably the best DEFI coin to scalp. The hourly PXI completely nailed it with 42.37% profit merely from the spot trades. We did have a chop zone in between. Even considering that, we are well over 40%.
Certainly not bad eh?

https://www.tradingview.com/x/gX5GEzqO/

:)

Midnight thoughts:

Yep trading does affect your sleep cycle adversely. But looking at today's trades I've made, I really wondered why people burn their accounts down to pennies.

Leverage - super useful when used well and an absolute disaster when used on tilt.

I've always suggested to not invest or do things you do not understand. This has helped me greatly and I assume would help you too. The easy access to leverage upto 125x at the flick of a slider has its pro and cons.
When used to the right extent and managing risk well, it can far outperform your spot account. A mere 3x leverage gives you a much higher buying power but the risk is also higher. That's where stoplosses come into play. Never enter a leverage trade without a plan. Targets, entry, stoploss. Everything should be predetermined.

Binance offers you the option to have it all set before the order hits the books. Make use of this. Play your cards right and you will get better each day. Remember, the spot market is the actual driving force. It is equally important and you should manage your spot account well. All I'm suggesting is leverage is a handy tool for day/short term trading. Spot is fabulous for mid term and long term trades.

Psychology solidified the fact that pain of losing a certain amount is twice as the joy of making/winning the same amount. So from an emotional point of view, any RR below 2 is bad. Now you make the wise choice before sliding the leverage to max.

Goodnight. May Allah bless us with prosperity.
Amen. ❣️