Judging by what I see in all tier-1 crypto I have decided to trim holdings. I know this is an about-face for most who read me. However I must emphasize, this is for risk management purposes more than anything ominous.
This morning I sold 3,000 SOL and 10,000 ADA. I still hold 4,000 SOL and 10,000 ADA.My holdings have doubled so these are mostly free trades for me.
Bitcoin
Solana
Above Main Chart
ADA
ETH
I will reiterate. I'm raising cash for risk management purposes. If my counts on tier-1 crypto are correct, I hope to re-deploy this capital at better prices. Lastly, many of the charts I track are coming into or have competed short to intermediate term tops. Therefore, I wish to take a wait and see approach to many things I follow and trade.
Best to all,
Chris
IMPORTANT NOTE:
SOMETIME BETWEEN MID AND END OF FEBRUARY I WILL ONLY BE POSTING ONCE PER WEEK HERE ON TRADING VIEW. I WILL ONLY BE DOING WEEKEND UPDATES. THE MORNING, EVENING AND SPECIAL UPDATES YOU HAVE RECEIVED IN THE PAST WILL NO LONGER HAPPEN. AS I GET CLOSER TO CHANGING MY POSTING SCHEDULE ON TRADINGVIEW.COM I WILL UPDATE MY FOLLOWERS HERE.
This morning I sold 3,000 SOL and 10,000 ADA. I still hold 4,000 SOL and 10,000 ADA.My holdings have doubled so these are mostly free trades for me.
Bitcoin
Solana
Above Main Chart
ADA
ETH
I will reiterate. I'm raising cash for risk management purposes. If my counts on tier-1 crypto are correct, I hope to re-deploy this capital at better prices. Lastly, many of the charts I track are coming into or have competed short to intermediate term tops. Therefore, I wish to take a wait and see approach to many things I follow and trade.
Best to all,
Chris
IMPORTANT NOTE:
SOMETIME BETWEEN MID AND END OF FEBRUARY I WILL ONLY BE POSTING ONCE PER WEEK HERE ON TRADING VIEW. I WILL ONLY BE DOING WEEKEND UPDATES. THE MORNING, EVENING AND SPECIAL UPDATES YOU HAVE RECEIVED IN THE PAST WILL NO LONGER HAPPEN. AS I GET CLOSER TO CHANGING MY POSTING SCHEDULE ON TRADINGVIEW.COM I WILL UPDATE MY FOLLOWERS HERE.
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