She is setting up the head n shoulders on the 4hr and must defend that 21 22k level or we are looking at as low as 15k ish zone. On the other hand one the one day plus there is a new RSI_pattern_etc forming that is definitly new and looks a lot like one hell of a accumulation set up. Market cap with YFI took a huge pump around mid November and then fell off this last week. The crazy thing is most the week the ETH n BTC pairs where up compared to YFI fiat n stable coin pairs which is usually the opposite ie when BTC n ETH pairs turn on this one really goes. If this is an attempt to shake out some week hands etc for the 30k max tokens_market yfi accumulation then we will see a bounce around 21 22k and hopefully that run thro 29k wall to 32k then re set for a run at 35 to 40k. I did reduce my personal position in most ALTs and am buying dips with the my solid HODls
sold most
MANA
ENJ
Some VGX (love all these projects but feel its important to not be spread to thine. We want to reposition so need to be ready and flexible.
PICKED up mORe
ALGO
CEL
ADA
ETH
n cost averaged into a bit of VGX or voyager token after selling most around hi .18s.
There is a definite DeFi CeFi craze inbound so i would look to start to accumulate _take positions in this area.
YFI
SUSHI
AAVE
Pickle among others as well. WE need a deeper dive here but anything with fixed token or generous token supply models will be important here.
Next journey will be yield farming so we picked up some
DAI n
TUSD
IF not in the US etc and or not opposed to a VPN masking app look at
swissborg and a few others that are hard to get for a reason........
WITH YFI There is a heavy Whale control factor wear a small group has %60 of the YFI tokens. So if they are taking profits, shaking out week hands, or just general confusion as people take profits_shift positions, in the end BTC is overexstended_in discovery zone where when we see a correction most the market WILL follow the ? is when n by how much... If you reduce YFI and general ALT position by 30 to 70 percent than rebuy, in this case if she breaks 21k support around 15k or where ever she lands and if not set a buy order for around 26 27 or and just watch closely for change in momentum and smash the buy than...
I say one more push before serious correction, but i would look to take profits one way or another and at least somewhat consolidate positions is not the worst idea rite now.
_HGM
sold most
MANA
ENJ
Some VGX (love all these projects but feel its important to not be spread to thine. We want to reposition so need to be ready and flexible.
PICKED up mORe
ALGO
CEL
ADA
ETH
n cost averaged into a bit of VGX or voyager token after selling most around hi .18s.
There is a definite DeFi CeFi craze inbound so i would look to start to accumulate _take positions in this area.
YFI
SUSHI
AAVE
Pickle among others as well. WE need a deeper dive here but anything with fixed token or generous token supply models will be important here.
Next journey will be yield farming so we picked up some
DAI n
TUSD
IF not in the US etc and or not opposed to a VPN masking app look at
swissborg and a few others that are hard to get for a reason........
WITH YFI There is a heavy Whale control factor wear a small group has %60 of the YFI tokens. So if they are taking profits, shaking out week hands, or just general confusion as people take profits_shift positions, in the end BTC is overexstended_in discovery zone where when we see a correction most the market WILL follow the ? is when n by how much... If you reduce YFI and general ALT position by 30 to 70 percent than rebuy, in this case if she breaks 21k support around 15k or where ever she lands and if not set a buy order for around 26 27 or and just watch closely for change in momentum and smash the buy than...
I say one more push before serious correction, but i would look to take profits one way or another and at least somewhat consolidate positions is not the worst idea rite now.
_HGM
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.