Here the market has moved up and hit the minor and has come down a bit. I think it is a good position to go long. This is a safe zone, so we can enter with a long position The market can move up to the upper major and we sell our trade in steps.
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If the market can break the red door line shown on my chart page and consolidate or confirm on it, it can be a good entry for a long trade again.
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According to my analysis and idea, the market has started to move upwards
Sad should have kept it going or I hope you re invested more for the 50k run following a 35k run before half of the years end! YES TP BUT ALWAYS BUY BACK WHEN CHEAPER! Remember if you swap that IS NOT TRADING! It is not lined to INCOME TAX! Your simply swapping one $ dollar of one coin to another.!! THIS IS HOW I MANAGED TO GET A CoinBase Balance Of $34 or so from all the earn lessons to start and now maybe upward of $60 USD in earn learn lessons!
But I swapped when some coins are high and some coins are low. It depends which you choose to swap but you need and have to think outside the box. But if you do this multiple times a day like to continually make money or have a BOT do this Not change it once a day or less.. but multiple or many times a day the the SWAPPING IS A TAXABLE EVENT and classed as income tax as your making gains by repeating the same or similar actions. Doing it over time is not the same. If you swap 0.0001 BTC to ATOM then you have to remeber atom gives APY so that is taxable. Unless your u der tax threshold of like $18,800 for 2022 idk for this year 2023.. that’s Australia to.. anyway thanks good luck
ALIREZA-EMAMI
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@CryptoFerk, Excellent and efficient explanation Thank you for your guidance and advice.
Yoachd
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funny to see we are in bear market 😀 world economy is in the problems but btc is only influenced by fed 😂, s&p,dyx such a independent grow...really i dont see any bullish fund halving is bit far away
@CryptoFerk, The percentages shown in my chart are the amount we should sell our trade in different parts For example, in TP1 or take profit1 . We should close 55% of our total trade and change our stop loss to the entry point so that we do not lose if the market falls. (A small gain is better than a loss)
But I swapped when some coins are high and some coins are low. It depends which you choose to swap but you need and have to think outside the box. But if you do this multiple times a day like to continually make money or have a BOT do this Not change it once a day or less.. but multiple or many times a day the the SWAPPING IS A TAXABLE EVENT and classed as income tax as your making gains by repeating the same or similar actions. Doing it over time is not the same. If you swap 0.0001 BTC to ATOM then you have to remeber atom gives APY so that is taxable. Unless your u der tax threshold of like $18,800 for 2022 idk for this year 2023.. that’s Australia to.. anyway thanks good luck