Crypto Trading Education & Analysis _Free Telegram _t.me/tortoisetrading __
Galapagos, Ecuador
Joined July 2018
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The time between momentum in markets is where most money is lost as a trader.
Momentum is when every micro dip is bought up and price grinds higher, where entering longs at almost any point feels easy and holds in profit quickly.
These "easy" periods are what I wait for.
The waiting is always the hard part. Especially in a market where something is pumping everyday. Trying to catch every rotation is net negative. I've found focusing on a few high liquidity coins, a few leaders in each sector and completely ignoring the rest works best for me.
You really get a feel for these few markets, they're likely the top performers for the cycle and you eliminate the noise.
Rule #1 protect your capital and profits.
Momentum eventually returns and it is worth the wait. Don't get sidetracked. Don't over trade.
This week will likely mark the start of the exponential run up of crypto for this cycle. Optimal entry period. Both sides of the aisle in US turning pro-crypto to win voters. Expecting $SOL to be the top performer of majors this cycle.
Core position is $SOL. All trading profits will go into SOL.
-Most on-chain metrics have caught up to ETH
-Next ETF likely SOL (Vaneck already filed)
-Time for SOL market cap to reach for ETHs.
-Memes and Ai likely to continue to outperform other sectors
Buy then do nothing
It's 2019 PA nearly exactly. 30k is what 6k was. Funding negative. Stop shorting on narrative and just read the charts... Alts are going to rip. I've shifted most BTC to L1s. See ya in a few weeks
$ETH looking weak with consistent higher lows at a HTF level. Usually these structures end in a drop.
I'm short and targeting 225 weekly level
/2 $ETH 225 reached and price is consolidating in a pennant right at the weekly level.
Quick moves up = quick moves down.
Expecting $185 next.
tradingview.com/x/BJJk8dYA/
/3 $ETH 185 reached.
Now watching for buyer strength to step in before considering a long. Still potential for more downside.
Nice dump and levels being respected. As long as the green box continues to hold, expecting continuation after some consolidation.
$ETH and majors continuing to show strength over $BTC
I've re-entered longs.
More frequent and detailed analysis: t.me/tortoisetrading
/5 $EOS Looking to close this soon with both BTC and USD pairs approaching HTF resistance
USD: tradingview.com/x/EwBLcsNO/
BTC: tradingview.com/x/6Z6KaiCt/
$BTC At HTF resistance between 10.4-10.75k
Expecting a pullback soon. Eyeing the 9550 weekly level which never truly got retested after being broken.
tradingview.com/x/HyYaZw0G/
I recently have been trading on @Bybit_Official more and find if I hold positions longer than about 2 days I end up in the top 20% ADL queue.
Anyone know how often positions get ADLed on bybit? Has yours been?
