Things have been going good from my original plan a few emotional slipups I’ve got control again I’ve boxed out a rough trading zone guide for the bear market, we just made it into one of the zones 29K dead cat bounce most likely Target set
Tip :if you think bitcoin is starting an upward run doublecheck to all three alts If it wins going up at the altar staying under resistance it’s a pull back or retest with more down to come
Ada 1.10 , 1.03 an .79c Doge 0.17, 0.14 an .10c First targets are my accumulation targets to reset my heage 50-50 i’m all out currently Second targets for play scalping. Third targets for holding
This one didn’t go to plan and it’s a sad chart for me to look at
I done really well using the 4 hour chart for accumulating on the way down
got myself to a position where I turned 1200 something dollars into close to US$4000 but that was an accumulation, plan was on the way back up I can cash out 50% of it leaving with me with my original amount of assets or more and also resetting my capital and having more to play with for the next run.
I didn’t listen to my own TA and paid a very heavy price
I also followed someone blindly and made a very bad move
Learn from my mistakes
I also have a lot of trouble working out how to draw a trend line from the top without more points which is left me unsure of where we will see a pull back for reentry into the market
Current plan fix is re-establish the capital lost
Reset my risk management hedge my position in regards to my ratio of risk
And probably have to work some short trades on the one hour to 4 hour time frame to re-establish gains from losses
I done really well using the 4 hour chart for accumulating on the way down
got myself to a position where I turned 1200 something dollars into close to US$4000 but that was an accumulation, plan was on the way back up I can cash out 50% of it leaving with me with my original amount of assets or more and also resetting my capital and having more to play with for the next run.
I didn’t listen to my own TA and paid a very heavy price
I also followed someone blindly and made a very bad move
Learn from my mistakes
I also have a lot of trouble working out how to draw a trend line from the top without more points which is left me unsure of where we will see a pull back for reentry into the market
Current plan fix is re-establish the capital lost
Reset my risk management hedge my position in regards to my ratio of risk
And probably have to work some short trades on the one hour to 4 hour time frame to re-establish gains from losses