CRYPTO MECHANIC

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One hard truth retail traders learn late: most altcoins never recover.
Hope is not a strategy, risk management is.

You wouldn’t believe but this is real.

I think $ETH chart is pretty simple
If it gives a weekly close above $2200's - It's a buy
Below $2200 - You may get opportunity to buy lower.

You act too quickly when you are trying to grow capital, and you act too slowly when you are trying to protect capital.

$ENA is a perfect example that you should never hold onto a coin in the hope that one day it will return and you can exit at breakeven.
These coins can keep going down and may never recover. It’s always better to take calculated risks and have a clear exit plan if the trade doesn’t go in your favor.

There’s no such thing as “strong fundamentals” for most altcoins many of them have little to no real use case.

Bitcoin bear markets usually last around one year, or you could say Bitcoin tends to find its bottom about a year after the market top.

Interestingly, in the last two market cycles, Bitcoin bottomed in the same month it topped.
Based on previous bear market cycles, we are currently halfway through the bear market.

$STO -90% in a Day.
This is insane

USOIL at $111 per Barrel.
So many small economies around the world will not be able to deal with it if they don’t stop the war.

I don't know how Gold response to Trendline breaks but there is a break.

$XAU

$STO Down 70% in just a few hours.
Read how i called the top on it 👇

I did nothing, I promise i did nothing. Lol

Slow Grind up followed by acceleration.
- This is where most people chase
-This is where most shorts get liquidated
-Late longs enter out of FOMO
- Momentum looks “unstoppable”

But
-This is where you should start taking profits because this is what smart money do.
-Risk-to-reward becomes unfavorable for fresh entries
- This is where the market often begins to slow down or distribute

$STO

Charts won’t help when a single headline can change everything.

If your TA isn’t working, it doesn’t mean you’re doing it wrong, it’s just not the right time to rely heavily on charts. The current market moves are macro driven.

Unless you’re looking to accumulate for the long term (BTC). This is not a tradable market.

What will come first on $BTC ?

$BTC First green candle after 5 months of red.
Feels like a relief 😂

One thing I notice a lot:
When someone is doing technical analysis on a chart for example, Bitcoin is at 67,000 and they say, “I expect Bitcoin to go here,” whether it’s 60k, 55k, or even 80k, that’s just analysis and that’s completely fine. We all do analysis. You should be doing it too.

But the mistake is when you start forcing that analysis onto the market thinking the market "must" do this.

Let’s say Bitcoin is around 67k and you planned to buy at 62k, $55k or whatever the price you have in your mind , but price never goes there.
Instead of accepting that, most people start forcing their idea:
drawing new resistance, new trendlines, coming up with new reasons just to justify that 55k or 80k will be hit.
That’s the wrong approach, If the market isn’t going there, stop forcing it.

In the market, the only valid way to think is: If the market does this - I will take a trade.
You should never believe that whatever you’ve drawn or analyzed on the chart has to play out. The market doesn’t have to do anything you want.

Always go with the market.
When the market doesn’t go as you planned and new information appears on the chart, use that information to adjust your plan.
If your original plan isn’t being followed, that simply means you need a new plan based on the latest data.

Always focus on what the market is showing you.
Never try to force the market.
You can only force things you control.

If you think you control the market, then sure force it.
But if you don’t, then you have to move with it.

$BTC - Swing trade plan
I haven’t really gotten into any trades yet. Still avoiding the chop and waiting for some clear trade setups.
The month is ending today. If we get a dip in early April, I think that would provide some good long/buy setups (depends on the overall war situation).

That being said, I’m least interested in trading this range-bound environment and more interested in catching a bigger move, and for that, there is no good setup.

Discussion is going great.

*Also threatening Iran.

What is he smoking?

I don't even remember when the last time i traded $SOL My last update on it was in January
Price is trading under a zone it held for months.

i am still not interested in it unless price reclaim this weekly zone or i get some crazy discounts.

I like to trade Alts when these are in clean uptrend. You get the most ROI when Alts are Bullish.