You're trading like a pro now.
Is the crypto winter over?
- Thread starter schizo
- Start date
You're trading like a pro now.
I did not make any money,
It validated your theory of "fade the selloff"
So, I'm trying to figure out where to open a long position, about 300 points down $22,750 but the low the past few hours is in the $22,830'sh
I'll put it at $22,750, and if it hits it hits, I may be going out today anyway. If it hits, I'll put a sell order at $23,100
Yes.
The altcoin market has been steadily rising, altcoins also seem to be poised to lead a magnificent run in the coming days.
Altcoins are anticipated to rise and show a noticeable upsurge in the upcoming month as long as Bitcoin price maintains above the acquired levels. The trend is still optimistic despite a slight dip and some consolidation in the tokens. The markets are currently approaching to start another week, which could result in another positive wave over the following week.
For example -
The price of MATIC, which has climbed by 10% over the last 24 hours as of the time of writing, reflected the increased adoption. Since the beginning of 2023, MATIC has witnessed a bullish rally that has nearly reversed the losses caused by FTX.
According to data from Token Terminal, Polygon now has more daily active users than Ethereum. Compared to Ethereum's 324,000, Polygon has a total of 344,000. Polygon is now DAU's second-largest platform as a result.
If MATIC price seeks impetus from the growing adoptions and developments in the protocol. The price could close the yearly trade for 2023, with a prediction of MATIC price as per coinpedia may go as high as $1.8351.
The altcoin market has been steadily rising, altcoins also seem to be poised to lead a magnificent run in the coming days.
Altcoins are anticipated to rise and show a noticeable upsurge in the upcoming month as long as Bitcoin price maintains above the acquired levels. The trend is still optimistic despite a slight dip and some consolidation in the tokens. The markets are currently approaching to start another week, which could result in another positive wave over the following week.
For example -
The price of MATIC, which has climbed by 10% over the last 24 hours as of the time of writing, reflected the increased adoption. Since the beginning of 2023, MATIC has witnessed a bullish rally that has nearly reversed the losses caused by FTX.
According to data from Token Terminal, Polygon now has more daily active users than Ethereum. Compared to Ethereum's 324,000, Polygon has a total of 344,000. Polygon is now DAU's second-largest platform as a result.
If MATIC price seeks impetus from the growing adoptions and developments in the protocol. The price could close the yearly trade for 2023, with a prediction of MATIC price as per coinpedia may go as high as $1.8351.
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I bought Solana as a JOKE during the fire-sale... Wasn't expecting to really make a profit. But... I guess I will be happy with the gift.
So much for EMH.
Maybe there is a chance the bear market ends in 2025... IF... core-inflation gets under control, the war in Europe is over with... we have no more contagion or other hidden Lehman Bros incidents on the horizon... there is no war against Taiwan, etc, etc, etc.
That alone is expecting one-too-many things to go according to plan I fear.
So much for EMH.
Maybe there is a chance the bear market ends in 2025... IF... core-inflation gets under control, the war in Europe is over with... we have no more contagion or other hidden Lehman Bros incidents on the horizon... there is no war against Taiwan, etc, etc, etc.
That alone is expecting one-too-many things to go according to plan I fear.
Not sure what to make of current price action. By definition, when price breaks out of a range (as in 1 below), you should see the same amount of movement above the range as you see below the range (from the base to the range). But we're going through back-to-back ranges, one after another, and that ain't good.
This doesn't mean we can't get another breakout to the upside, but it's definitely showing its exhaustion. It's like you needing more frequent rests as you become more tired.
This doesn't mean we can't get another breakout to the upside, but it's definitely showing its exhaustion. It's like you needing more frequent rests as you become more tired.
Some data that may be of interest.
My charts show BTC today at +39% for the month and -39% for the year.
I've gone all-in pure swing-trade mode earlier today @ $23,033 TP above $30K and re-assess maybe real TP is $50K
I felt sad when I looked back that my initial plan when we were at $17K/btc was to hold 10 long btc perp futures until it hits $20k and reassess, would have been $30k profits and $60k+ at current price
Day trading and short--term trading is nice for emotional gratification, but the real rewards is being able to hold on for the big payoff
only long 8 btc perp futures, liquidation @ $22,050
nfa
I felt sad when I looked back that my initial plan when we were at $17K/btc was to hold 10 long btc perp futures until it hits $20k and reassess, would have been $30k profits and $60k+ at current price
Day trading and short--term trading is nice for emotional gratification, but the real rewards is being able to hold on for the big payoff
only long 8 btc perp futures, liquidation @ $22,050
nfa