$ADA / USDT Update

Moving perfectly as anticipated. Enroute TP2

https://www.tradingview.com/x/L472XBnJ/

$BTC.D Breaking support

Nothing fancy here, just bitcoin dominance breaking a key support. Just under the psychological 50 mark. All time low is close to 35. Expect a strong altcoin growth cycle in May 2021 if the current trend continues.

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

$BTC / USDT

The beauty of this TA is immaculate. Pin the local top with HP Legendary and basic SR levels.

The price of BTC could stabalise here close to an important SR level before either testing the 21 EMA again or dropping to the demand zone.

https://www.tradingview.com/x/GYk13fxG/

$XLM / USDT Accumulate

A very interesting token considering the industrial importance it has shown. IBM is building on it and large institutions look towards XLM as an alternative to quick payments which Ripple was meant to offer.

Grayscale has also accumulated a good chunk in the past 30 days. Mid term target close to 2x (100%)
https://www.tradingview.com/x/Z89k04j9/

$XRP / USDT

Clean move and Ka-boom! the 5x leverage position is sitting at 65% PNL. Fabulous trade.

https://www.tradingview.com/x/PordQ3sE/

Day 2 Update!

Meanwhile the people from @hundreddollarchallenge are up by 44% in less than 48 hours.

That puts us at an equivalent balance of day 18!

Mashallah🙌🏻

$XRP / USDT

Out of the leverage position for the challenge account but the spot account remains. I see some daily resistance in the $1.65 - $1.72 range. This is the sell zone for us.
I couldn't care less of selling at the top wen I have a good trade and impressive unrealised PNL in hand.

https://www.tradingview.com/x/ClPT0bSH/

$1INCH / USDT Hold

Similar to the XLM analysis today, this token has formed a beautiful accumulation range.
My preferred entry would be at the 0.618 if the market is kind enough to give us this entry.

Mid term trade and can be combined with staking options to maximize profits.

https://www.tradingview.com/x/wWUOOdr9/

This memelord.

$BNB / USDT

Full send mode. The entire community was hopping at $615+. We have a good entry here. Hold tight!

https://www.tradingview.com/x/CG81C4Ld/

$BZRX / USDT

Another coin I'm planning to accumulate in the given range. The coming months are fundamentally very strong.

https://www.tradingview.com/x/38Yh0bOF/

$ATOM / USDT

Higher TF trade here. Looking at a break from minor resistance. Strong EMA support on both 4h and 1D chart. Very good consolidation after the pump on 26 Apr.
Target 1 is much stronger than Target 2 so I expect a little volume boost to spark a strong move upwards. Final target is based on the 1.618 extension.

https://www.tradingview.com/x/F3zjk01d/

$BTC / USDT Update

Take a minute and look at how banger this analysis is. The updated chart shows some interesting things. BTC is in the decision mode. Either blast past the red block to test the previous ATH or correct to previous support. The volume profile shows strong volume action right under the current candle.

My bias is bullish as long as we hold the blue EMA (50). The weekly 21 has also crept up. Yet I reccomend tight SL on all open positions and stink bids on all potential entries.

https://www.tradingview.com/x/4PiBNHEW/

$BTC / USDT Analysis

A pretty late update today and I'll be honest here. There are very few days I find it this hard to make a decision. The market is extremely indecisive here. Do not open any position without a prior stop loss set.

The small shake out gave us a good opportunity to load HOLD bags charted above. ($XLM, $1INCH, $BZRX). These are based on macro trends so do not freak out with short term movements.
Apart from these, we also have the massive bags we bought on March 26

$ETH - $1576
$LTC - $175
$TRX - $0.06
$SUSHI - $15

All in all, we have a very good hold portfolio set.

The monthly BTC printed a doji which usually signifies indecisiveness. The market sentiment is close to neutral but the weekly 21 is still lagging. The weekly close tonight will give us more clarity of the upcoming move. Just be alert to make profits on both directions. Don't try to over analyse the markets and predict a move. Be quick enough to react and profit off the move.

https://www.tradingview.com/x/Xwqe1iOD/

I'm a little disappointed in myself for not entering leveraged positions on ethereum yesterday. But lol, we just made a 100% profit on spot from these trades.

Why stress about funding fees when we are giving you banger calls on spot. Also, I'm not expecting eth to stop here. It has more room to grow. Do not sell your spot bags yet. We have a very strong volume driving ether and it's leading the market right now.🤞🏻

Yesterday's dump gave us a great entry for all our hold bags. Today, I'll be explaining a simple concept for filtering trades.

In trading, if you get your MTV right, you are covered.

M: Momentum
T: Trend
V: Volatility

Though all 3 can be gauged from naked price but still if one wants to use dedicated tools, one can use the following:

Momentum: RSI/MACD
Trend: MA/ADX
Volatility: BB/ATR

None of them are private scripts. All basic and simple to use.
People ask me why I stick to my EMAs and SR levels all the time when I've learnt more complex strategies. The answer is simple. I am a strong believer in market psychology. I want to see the same thing a common investor would see.

Basics

A normal investor knows previous support and resistance levels and will set his orders accordingly. We as seasoned traders know exactly what they look for and just use a few early confirmations to enter the same trades at a better price.

I'm sure alot of channels will feed you with the $BZRX, $ADA, $XLM trades today.That's a domino effect. I might not be the best in understanding the charts, but I try to understand people and that gives me the edge.

The itch to take action

A common phenomenon in traders, both noobs and seasoned traders, including me.

When the market gets shitty, or our trades aren't moving much, we have an itch to close it. No, no, don't confuse this with the gut feeling. The gut is a strong feeling. Itch is momentary.

This often leads to the premature closing of trades. This could be disastrous in the long run.

How to control the urge?
The first question is if your trades make you so restless, you're probably risking more than you could afford to lose. A good RR strategy strictly followed will help you out.

The second is to get off the screen. I saw a massive difference when I deleted the trading apps from my phone. I'm guilty of using the browser sometimes, but the hurdle stops me from checking my trades significantly.

You should probably trade on your laptop or desktop and get off it once you are done analysing or placing orders. This saves you from watching the small price changes and focus on your idea.

Lastly, try and meditate. You'll probably laugh this one-off, but even a few minutes of mindful rest is excellent to keep you sane. Perhaps after every meal, take about 10 minutes to let your mind wander. I don't think of anything specific. This allows you to cool off from the wild trading industry.

Keep yourselves healthy.

We have already picked up stunning entries on our trades. Just don't let the itch make you close the spot positions you opened.

$ETH gas fees are back to their baseline levels before we got the fork. This could be a potential indicator for a reversal or short term correction in price.

The current price is close to $3,300. I recommend closing at least a portion of your positions here.