At today’s briefing in the community, we discussed some interesting points.
A few of them were executed really well. Today there were enough opportunities to earn, but the main momentum started closer to 21:00, and that played a big role.
What do I mean? Before 21:00, the market behaved strangely and didn’t provide adequate setups.
There were three clear setups on $BLESS , $BTW , and $HEI .
What conclusion did I draw for myself:
More patience, fewer unnecessary actions in the market, a more careful selection of situations, and only reasoned executions. Fewer local setups, more focus in the order book, and on truly high-quality setups.
$ERA - growth leader. Has good volumes, a sufficient number of traders, and good volatility.
Right now, we are in a clear tight range. Above, there is sell-side liquidity around round numbers at $100k, which we may potentially reach.
Also, the coin has a high funding rate, so it can be considered for working off funding.
Everything I wrote above is just a trading idea/thoughts, but the seller started applying strong pressure. And overall, it’s clear that the buyer’s strength has faded at the moment.