TOTAL2 trade ideas
Bull trap incomingObserving the Breaker formation on higher time frames for both Total and Bitcoin, it appears that Total 2 may trade up to the weekly fair value gap before experiencing a decline. Considering this, I believe it's prudent to exercise caution and refrain from making new entries until we receive clear indications of candle patterns above the Breaker formation.
In light of this analysis, I've decided to book some profits in some of my coins and adopt a wait-and-see approach to assess how the market reacts to the Breaker formation. During this time, I'll implement strict stop-loss measures to mitigate risks. As the days pass and the market approaches the Breaker level, I'll gradually reduce my exposure, further minimizing potential risks. I'll consider re-entering the market only when I witness a clear and distinct bullish movement taking shape.
TOTAL2(Altcoins)Hi, compared to last post about TOTAL2 :https://www.tradingview.com/chart/TOTAL3/4GKYIsCh-bullish-on-some-alts-really-short-term/
now I think it is risky area to going long on many ALts and caused by that i opened some shorts like eth and sol ,,,,, you see in chart total 2 pull back to trend line and i think next week will not be good for ALts ....
stay cautious.
Crypto Alts On Verge Of Massive Breakout Altcoins Market Cap Testing Crucial Trend line In 2 Days Timeframe Seems Trend line Is Weak & Cap Building For Breakout Incase Of Breakout Can Expect Massive Bullish Rally In Alts In Coming Days Also Alts Are Breaking Trend line s & Bullish Patterns I'm Expecting Massive Recovery In Alts
Get Ready for 2x Crypto Rally
Total 2:Open a short position below 550.050, but it is risky, with the failure of this point, altcoins will support and break, if you want to get an entry point, you should wait until 546.902
I feel that it doesn't matter if the market wants to fall or shake, today is Saturday :))
For a long position above 554.734, but I think it is more logical to ask after 555