๐ CRYPTO 2023 ECHO BUBBLE - THREAD
If you have not made your trading plan for 2023 yet, there is still time.
Make sure to drop a like and a retweet if you found this thread valuable.
๐งต
If you have not made your trading plan for 2023 yet, there is still time.
Make sure to drop a like and a retweet if you found this thread valuable.
๐งต
1/n
open up your trading view and find some rekt charts
ideally those that are trying to form a bottom for more than 30 days
find the range and map out the levels
draw a trend line
simplicity is key here
open up your trading view and find some rekt charts
ideally those that are trying to form a bottom for more than 30 days
find the range and map out the levels
draw a trend line
simplicity is key here
2/n
your chart should look like this
the buy trigger would be a 1D candle close above your trendline
then your target would be the mid range (0.5 fib)
concept is just liquidity and mean reversion
your chart should look like this
the buy trigger would be a 1D candle close above your trendline
then your target would be the mid range (0.5 fib)
concept is just liquidity and mean reversion
3/n
after your sell orders are hit, price would retrace a lot
you can short it if the token has perps, then leave your bids open
price usually goes down between 0.618 - 0.786 fibs
sell targets are near 0.382 fib
here is an example from the same token $UPO
after your sell orders are hit, price would retrace a lot
you can short it if the token has perps, then leave your bids open
price usually goes down between 0.618 - 0.786 fibs
sell targets are near 0.382 fib
here is an example from the same token $UPO
4/n
usually pumps like that will get a 2nd leg higher
that will form bear divs
but securing profits is a must
bulls and bears lose money bc of too much greed
usually pumps like that will get a 2nd leg higher
that will form bear divs
but securing profits is a must
bulls and bears lose money bc of too much greed
5/n
here's another example #1EARTH
instead of fomoing into pumps
wait for it to retrace and place your bids
+77% profits by using this simple strategy
here's another example #1EARTH
instead of fomoing into pumps
wait for it to retrace and place your bids
+77% profits by using this simple strategy
n/n
thanks for reading!
i wish you all a profitable new year โค๏ธ
if this thread gets 100 likes,
i'll post my charts on my fave altcoin bets for 2023
~CN
thanks for reading!
i wish you all a profitable new year โค๏ธ
if this thread gets 100 likes,
i'll post my charts on my fave altcoin bets for 2023
~CN
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