In this video I go over levels, targets, and drill in a little more on my methods and why I remain long for the high range and also why I am long on the lower levels too. I would not short now because we are just above a golden pocket. Don't forget to set your pivot levels. I like to take insurance shorts at pivot levels of about 10% of my holdings which is very conservative. I used to do 50% when I was a young man but I kept losing trades to moonshots so I stepped it back. When this coin reverses it is going to new highs but we may have to wait for additional unlocks to occur because the unlocks are what is stabilizing the market. As coins are unlocked, staked, bonded, the network becomes more reliable and emissions start pumping out. These emissions need to be sold at higher prices, thus the reason why the foundation has a liquidity fund.
So, take their liquidity, it is your duty as a swing trader.
Trade this beautiful range until it breaks out.
Good luck my friends and happy trading.
So, take their liquidity, it is your duty as a swing trader.
Trade this beautiful range until it breaks out.
Good luck my friends and happy trading.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.