Risking to loose 20% - 50% to win 10% is just not wiseBTC could touch the bottom of the channel at about 44k and come back up, sure.
But in the technical we are loosing energy, inside an ascending triangle with higher probability of a correction.
I feel like is less riskier to short right now than longing to be honest, I don´t short during a bull run like that but that's how it looks now.
And I also have a question that I would like to leave for you guys.
Do you really think that the giants of the tradicional market want to buy BTC during a hype FOMO situation like the one we are leaving today?
Sure, they want to buy, but do you really think the sharks are risking to loose 50% of their capital? I don´t think so.
Sushi
SUSHIUSDT 8-14 February Weekly AnalysisSUSHI made a big move. It did correction and turn back from fibo 1(11.37).
So what now?
Yellow channel is our first support. We will watch this line. At the top, 17.73 fibo resistance waiting us :)
So if you buyers, you are the suport line now :)
Support 1: 13.95
Support 2: 11.38
Resistance 1: 16.61
Resistance 2: 17.73
It is not investment advice
SUSHI to the 5th floor!!SUSHI is positioned to make a nice run to the $17.50 -- $18 range over the next few days. Get in now at the ~$14 for a healthy +25% ROI. Expecting a pullback at the $18 mark to about $16 next week. Long term investors can aim for the $23 price mark target 1 month from now.
ibb.co/Kr98Hjf
SUSHIUSDT Scalping PlaySUSHI was the strongest alt in my watchlist which bounced back after a decline simultaneously with BTC. Observing this strength made me open another long position at $16,1434.
Again moved S/L upwards after each successful lower high formed.
Got stopped out at $16,73 with a decent profit.
Orders at 42.5k would be wise, not having BTC right now is not.BTC is extremely bullish right now, not holding BTC right now or shorting it just does not make sense.
Even though I agree with the idea that when everybody is talking about an investment is time to leave it,
we are talking about institutions right now,
the potential behind BTC at this moment is insane, but like I sad,
having lower buy orders is always wise and could improve your average in case of pull backs,
always leave some money for emergencies.
$SUSHI, About to retest ~30k sats level$SUSHI
About to retest ~30k sats level for the 1st time after the breakout..
Current level matching bb 20 MA & .618 fib
UCTS remaining bullish across all high timeframes
If starts showing bounce/flip signals, then aiming back at ~50k sats over previous high.
#SUSHI
ADA inside ascending triangle, my current strategy.Hey guys,
I though my Stop loss would be touched yesterday but it looks like people are really holding ADA with their teeth.
Anyways, I though that would be nice to share my positions on ADA right now,
I am still holding it with a really close stop loss at 0,67.
I noticed that ADA created an interesting ascending triangle that could break the channel into new highs,
RSI is around 65-75 on the 4 hour right now so there is some space for a continuation,
with so many good news on the crypto market maybe it could happen and I wouldn´t want to loose another pump.
But if my stop is touched I´ll exit ADA with some good profits anyways, so why not wait right?
Something fishy is going on with SUSHI!I love sushi, but my girlfriend doesn't like fish. Often that means I never get to eat it because we don't go to sushi bars (duh). And when I do get the chance, I have the entire feast for myself. This is the same with our crypto equivalent, I'm all alone at this bar eating by myself. Care to join?
Technicals used: Gann angles for strong resistances/supports, supported with a standard fibonacci retracement. ADX + DI, shows a upward trend. And Ichimoku senpai says we are ready to eat some sushi! Now if only Mister Bitcoin doesn't barge in, and ruins our party....
SUSHI/BTC looking bullish and 1005 potential from here as per TA#SUSHI/BTC TA Update:-
#SUSHI/BTC looking good for fresh entry.
Because trading at support level.
Entry1:- 2900-3000 Satoshi
Targets:- 3959/6498 Satoshi
Key point:-
👉 if candle close below 2800 Satoshi then next good entry will be 2000-2100 Satoshi
So if bearish close then I will exit and again buy at dip ( entry 2)
But don’t enter at entry 2 without my update.
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SUSHI/BTC Scalp Trade SetupSUSHI/BTC is grinding down.
This is a time to be ready for a nice fib scalp trade.
If there is a panic down to the 0.786 there will likely be a bounce to the 0.618.
The .786 also lines up with a nice historical resistance which will probably flip
into support.
A clean 15% move if the buy order hits and the trade works out.
Consider buying partially between 41k - 44kBTC just received great news from the traditional markets, Musk invested 1.5 bi, and that could bring more investors from traditional markets in the short term. But, remember that usually Elon pumps pull back in the next day, not saying that it will happen but it could, and my orders are waiting.
On the other hand alts will not stop with BTC pumping, they will follow, especially defi coins. Prepare yourselves to buy possible deeps in the next days, and also to see them pumping in the next weeks.