$HYPE Next week likely becomes important for HYPE. For continuation towards ATH, you’d want to see the 12/25 EMAs continue to hold as dynamic support. Back below that zone, and price likely shifts into lower-timeframe rotations with no clear directional acceptance, the question then becomes whether this is distribution or simply compression before the next leg. I’ve also overlaid the Anchored VWAP from the origin of the move in May. It’s been pivotal throughout this recent push from the local lows, and contextually that remains a key reference point. Downside risk increases if price starts trading back through that VWAP with acceptance and it probably is a phase of distribution. Worth while keeping a watch on the fixes range volume profile as well. TP'd on longs from mid range to 0.75 - and opened a small short after hitting the 1st objective (see previous tweet) Acceptance back above this weeks high would get me looking for long continuation towards ath - and I'll cut the short.
Name & Symbol: Aethir Token ($ATH)
Address: 0xbe0ed4138121ecfc5c0e56b40517da27e6c5226b
$XPL I’ll just keep doing this until I’m ready to buy Such a simple strategy to avoid drawdown - see previous tweets https://t.co/SYc8m8VdqZ
Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0
$XPL A few moments later... Still amazed at the continous pursuit of dca'ing into a downtrend. https://t.co/4G9uZYIKfa
Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0
I wanted to follow up on this tweet. Sometimes the simplest systems or rules are enough to keep you on the right side of the market. While it’s easy to say this in hindsight and few could have foreseen a cascading liquidation event, my point isn’t about the warning signs, or would have, could have, should have. Even before the drop, XPL was a clear example of an alt where dip-buying should’ve been avoided and kept me away from the trade - which was stated on my tweet. A basic trend-following approach would’ve kept traders out of a bad trade that only got worse. We’ve all made those mistakes before, I certainly have but failing to learn from them will only hold back progress. I’m sharing this only to help others avoid making the same mistakes, especially when the crowd is advocating for "buy a dip" that turned out to be more than that. Stay blessed.
Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0
$XPL Nothing on yet... Is the market trending up ? I'd rather be on the right side of the trend than catching every drop ... or buy the right hand side of a range / major support. Stops under 80 cents safe ? https://t.co/ZCACtaeC45
Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0
Focus is upon If…. If btc drops back into being rangebound - then will select alts kick on… Momentum plays will be there with good upside imo Still positioned into W XPL finally turning around from its recent sell off as are a few others… Wouldn’t hang my hat on an alt season Momentum season for sure
Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0
$XPL Exhibit B - "KISS" A simple trade filter is all it takes to remain on the right side vs forcing the issue. https://t.co/c5W39pawzq
Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0
$FARTCOIN Just a classic example of 'keep it simple stupid'. I struggle to understand the constant push for a long-side narrative when there’s been no sign of relative strength during this clear downtrend. Keyword => (relative strength) Until market structure aligns with my moving averages strat, there’s no valid long setup forming just yet. No prizes for knife catching - when you can trade the tail side of an accumulation range / backside of the trade. Cheers
Name & Symbol: Fartcoin ($Fartcoin)
Address: 9BB6NFEcjBCtnNLFko2FqVQBq8HHM13kCyYcdQbgpump