$BTCUSDT Update

Much expected correction took place. Shifted to the 4H TF to show why we got a bounce here. The 100 EMA held. This might be the local bottom. You can slowly accumulate altcoins for the runup.

https://www.tradingview.com/x/yRB1cbGK/

$BTCUSDT Update

Bounced as expected. Banger analysis for every major move in the last week.

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

$WAVESUSDT

Sorry lads, we underestimated this. Absolute beast of a breakout.

https://www.tradingview.com/x/Xy0myNTK/

Going strong on altcoins 💪🏻
most of them mooning. Dumped WAVES for some ALGO and FTM.

Here's the update y'all been asking for. The last portfolio update I loaded up small and mid caps. They blasted. Each of them netting me over 20% on spot.
Now trust me when I say this. Large cap oldie Goldie projects are super bullish. I'm expecting ETH to break ATH in the next 48 hours.
LTC has bottomed on the BTC pair and has a pending move upward.

For the futures tab, I have longs open on EOS, XRP and LTC. Litecoin to compensate for the small allocation I have in spot. It's time the big boys go nuts.

Oh yes I've still not touched the BNB I staked from $35. It's up and moving. I'll dump that only when I'm expecting a serious correction.

One minute later.

Wtf lol 😂😂😂

Not too bad for a 3x hey?
Badass trades using leverage the right way.

ETH broke ATH and LTC boomed too. Fantastic day!
I've reduced my position significantly for now. I'm considering re entry later. Still hold the BNB staking bag and have bought some more anticipating the burn news.

Haha this is the second time massive movement after the post. I suspect a lot of whales watching us.

Interesting.

The least I can ask for is to share our work and @hashedplutus.

Okay. The numbers are good. But the unlock part is interesting. Probably going to peak around $48-$50 in my opinion.

Let's watch. I'm holding :)

It hits differently when your orders are the local bottom and they get filled. Mashallah what stunning precision.

Okay I'm buying more on this dip. I'll be pushing for altcoins.
Mainly LTC ETH XRP BNB EOS

Morning trigger orders filled only 25% of my wallet. Now I'm adding in another 50% of my portfolio to altcoins. Might go slightly lower but I'm bullish on them. Especially Litecoin and EOS.

Remember, I'm playing on spot market on these holds. If you have the composure for leverage trades, go in for a 3x scoop.

I sold last night because ETH hit ATH so the resistance was expected. But look back at $750 ranges. Too time and then blasted off. I'm expecting the same now.

RECOMMENDATIONS
ETH - $1260-$1335
LTC - $144 - $148
EOS - $2.65 - $2.75

Offloaded HBAR from the cold wallet and closed around $0.1 apiece. Close to 100% profit from the entry.
Yeah, holding ain't that bad 😅

Cheers to anyone that followed

The only leverage position I hold right now.
Bargain buying on spot. Don't freak out people. We'll take it slow and steady.
Breathe.

Slowly, very slowly scalping a few altcoins. BTC dominance is dropping and alts look primed for a run up.

Pro tip:
Use PXI in the 40/60/240 settings for best entries right now.

Off the system but here is an opportunity

$LTCUSDT LONG

Entry Zone: 135-140

TP: $149.85/$156/166

Leverage - 3x-5x

STOPLOSS: 130.58

Update:

Reduced the USDT position (down to 40%) and added a few more altcoins.

Market in Green are holds.
Red are scalps.

The market will remain choppy for the next two days but altcoins seems promising. Remember to only invest as much as your risk appetite can handle.

Cheers. Happy weekend

Selling some FTM here. Kickass profits.🤙🏻

Dumped it all :)

Yeah we're banging em all

Sunday Education

Using leverage the right way

I welcome all the new members. Glad to see the channel grow every day. We'll discuss the leverage slider today.
Binance has spoilt us with leverage all the way up to 125x which is seriously concerning. Ignoring all the mathematics and going by the rough estimate, a $100 with 125x gives you $12,500 in purchasing power. If used well and timed perfectly, you are in for a massive payday. But going purely by experience, most of my trades with leverage over 30x came in my very amateur period of future. As expected, most turned out badly.

Why don't I use high leverage?
I'll be honest, I don't know how the market is going to perform. Got no crystal ball here. The higher the leverage, the closer the liquidations. In some less volume pairs, a single whale with a mere $100,000 wallet can make it move by 5% in a jiffy. That's the risk. Wiping out or blowing up your account isn't a great feeling. If you want the kick of it, put in $100 in a separate gambling account and play around. Don't use your main account for any crazy trading.

Consider a small portfolio of just $1000. The trader plans his trade and trades his plan. Goes in with 5x knowing that the market would bounce around his entry level for a few days and might as well get stopped out. But he isn't blowing up. He's using the power well. Slowly climbing the ladder.

Lesson
I personally stuck to spot trading or 3x in the last month and it's payed off well. I know someone surely can make the same gain in a single day with 100x lev. But I like my peaceful nights sleep and stress-free days.

Stay blessed fam.

@hashedplutus