My current small TLDR ๐งตof the market and how you should approach it with realistic eyes ๐
The current trend is bearish and we expect lower prices, however always be ready for a trend change.
That would come if we break the last Weekly high (Choose a coin of your preference)
The current trend is bearish and we expect lower prices, however always be ready for a trend change.
That would come if we break the last Weekly high (Choose a coin of your preference)
Till then, however, we must respect the trend and embrace that higher probabilities favor lower prices as of now.
Right here isn't a good place RR wise to be short, that comes on a pullback if anything with invalidation above the mentioned high.
Right here isn't a good place RR wise to be short, that comes on a pullback if anything with invalidation above the mentioned high.
Again you should be ready for two scenarios
A) Structure break
B) Liquidity that is resting below us
A) Structure break
B) Liquidity that is resting below us
We are in a range in a prevailing bearish trend.
Be careful not the get chopped in & out of the position quite too often as many people do and lose a lot of money while price basically goes sideways.
Your goal is to protect the capital right now.
Be careful not the get chopped in & out of the position quite too often as many people do and lose a lot of money while price basically goes sideways.
Your goal is to protect the capital right now.
Loading suggestions...