whats going on in the market... quick video update and my short on ETH
Don't worry it's for short term.
I expect marketcap will into more in BTC for now and alts can take some rest.
It was heavy manipulation yesterday in my opinion and that is for buying dip.
BTC dominance has already hit good support.
So I would suggest to reduce the alts bag.
Market is at high risk so I would suggest to use diversified portfolio.
BTC - 30-35%
USDT - 40-45%
Alts - 16-20% (Eth LTC with stop at entry)
BTC bids to be filled -
43200$ and 38500$
Cancel the bid of 40500$ and keep new bid at 38500$.
I expect marketcap will into more in BTC for now and alts can take some rest.
It was heavy manipulation yesterday in my opinion and that is for buying dip.
BTC dominance has already hit good support.
So I would suggest to reduce the alts bag.
Market is at high risk so I would suggest to use diversified portfolio.
BTC - 30-35%
USDT - 40-45%
Alts - 16-20% (Eth LTC with stop at entry)
BTC bids to be filled -
43200$ and 38500$
Cancel the bid of 40500$ and keep new bid at 38500$.
I think current market situation is to protect your capital or gains. Trade at right time. Opportunities will be always there.
Market is still very unclear. BTC can test 40k$ zone if it fails to hold above 45900$ for next 30 hours.
Call it a Patience pay day 😜 hopefully some of you guys banking. Making money going short always feels better than going long! It’s the dark side of trading
🚨 BUY SHIBusdt .00001651 - charts basing out and looking for the bounce here
I hope you are protecting your capital since last 10 days. That was the really best move to do so.
I saw many channels went into huge losses in last 10 days. Fortunately , we adjusted the portfolio right before the massive dump in market so we are in good position.
Now what next -
32400$ is most important point now.
If weekly closes below 33120$ then there will be more downward trend towards 22500$-18000$ (yes , massive capitulation happening already).
So I recommend to not change the current position of your portfolio until I recommend
Do not rush in and don't follow the channels which are giving signals without knowing what is actually happening in market.
No losses are better than trading at the moment.
Quality matters the most in long run. Trading is steady process and it's not get quick rich scheme.
In bull market , everyone is king , bear market will give you an idea whom to follow.
So again saying, don't lose money because of blind trades or directions. Market is full of opportunities. Wait for the right time. Timing is everything.
Be safe until next update. Fundamentals are not good.
Thank you for your love and support ❤️
I saw many channels went into huge losses in last 10 days. Fortunately , we adjusted the portfolio right before the massive dump in market so we are in good position.
Now what next -
32400$ is most important point now.
If weekly closes below 33120$ then there will be more downward trend towards 22500$-18000$ (yes , massive capitulation happening already).
So I recommend to not change the current position of your portfolio until I recommend
Do not rush in and don't follow the channels which are giving signals without knowing what is actually happening in market.
No losses are better than trading at the moment.
Quality matters the most in long run. Trading is steady process and it's not get quick rich scheme.
In bull market , everyone is king , bear market will give you an idea whom to follow.
So again saying, don't lose money because of blind trades or directions. Market is full of opportunities. Wait for the right time. Timing is everything.
Be safe until next update. Fundamentals are not good.
Thank you for your love and support ❤️
🚨 LONG SHIB again for the bounce on the 1 hour and potential new highs of the rally