Rocket wallet Signals
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XRP heating up
Still no active trades going other than xrp
In reference to this, we’ve been in the dumb trades zone quite a bit
Only trade I’ve missed in the last 1.5 weeks was TWT
Other than that there’s been no patterns I’ve had any interest in
So remaining cash heavy. There was a lot of so so trades that I could have taken but I probably wouldn’t have been very consistent and just burn up mental and physical capital. Would rather just stay cash heavy and not add any stress. And when the time comes and I see the opportunities and patterns I like to trade I have the confidence and cash to put to work
ETH has been on a huge run, so I have no desire to chase after that. The train left the station and now there’s no strong risk/reward (short term perspective) to buy into that.
And if ETH/btc sees a pullback, any alts you are holding will start selling off also
Which is why I haven’t had much market exposure as of late. Just xrp
I’m not in any rush to make money or trades. Only trade when I see what I want to see. Its when you fomo trade and chase, or trade out of boredom, when you get yourself into trouble. Both are terrible habits that will ruin your long term success
Just giving you guys on update for on why I haven’t been too active the last week or so, especially if the new peoples in here!
there goes ADA
the last two bull runs for Bitcoin, upon breaking the 50ma. resulted in 83% and 62% declines from the top. Not predicting anything here. Just an observation of the trend shifts from past history
🚨Long ETHDOWN and BTCDOWN. Tight stops
ETH looks like it’s running out of steam
$ETH cracking the 1 hour 50ma... First time since this latest rip. Indicating short term trend reversal
still no confirmation yet, we'll see how this plays out. Shorting tops is always trickky , but when it rains.... IT POURS