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Education

A place to talk about whatever you want

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  • 2 Topics
    3 Posts
    TimaT

    Here is an example trade with 1h timeframe chart.


    Since the price broke above yesterday’s high, the opening downtrend was weak and re-tested the gap up, or a breakout zone, which is our demand zone. Then the price has squeezed up.


    Exactly when I took a long trade! I took profits based on my extension targets and put a stop at BE on the rest. Then, closed the rest of my longs near the close of the day


  • 5 Topics
    5 Posts
    TimaT

    First thing you do when you cash out on those Alt Coins:


    Pay all the debts, to your friends and family, banks, your car loan etc;If enough to cover your mortgage, pay it off;Buy physical silver and gold;Hoard cash and wait for some buying opportunities;Do not reinvest the rest all at once, wait for a good setup;Split your electronic cash between USDT and USDC and stake it in separate exchanges/DeFi places so it will make you $ while you’re waiting for another crypto crash to buy back Good coins, coins that have real utility behind them.


    This is my game plan. I will be very patient during this bull cycle. Im also planning on some trading/rotational trades, but only with the 30% of the capital.


    I did note about this before - my plan is to move the ETH and BNB gains into rising alt-coins, big caps. There is a chance that I will be able to catch at least another 30% to 2-3x on those, but it has to be a cold and quick to take profits trade. I will be sharing those when we are in legit AltSeason. I will not be trading any meme coins, only utility coins such as HBAR, FET, ADA etc.

  • 1 Topics
    1 Posts
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