Crypto Regulation & Retail Protection Continuing FarceWhile the Securities & Exchange Commission continues litigation against Ripple $XRP and Library $LBRY, retail gets REKT by "influencers" peddling their wares.
$VPAD & $KASTA were developed/introduced by some of the most well known YouTube & Crypto influencers in the market.
Each having dumped on the influencers' followers and the Crypto market.
18,800+ "cryptocurrencies" and climbing.
Regulatory agencies like the SEC & CFTC are way behind the power curve and will continue to fall behind the remainder of the year as the administration looks to have "policy recommendations" in 12-18 months.
Vpad
VPAD Bullish Div$vpad #vpad good news is H4 is seeing bullish divergence on RSI. Could see a spring to DG trendline and potentially 1.045 HZ resistance. H1 also showing bullish div and would look for close above .90 to signal a LTF reversal.
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
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