July Cotton

haha lol. they don't need the rest of their token since, they already sold majority of their token.

90% crash is not equal to 60% rally. There's a big difference.

Never ever short a strong token. you don't know until when it's going to go up.

$BTC
Waiting game! patience is the key. I'm still bullish longterm but we need to wait for confirmation.

I'm bullish, but it doesn't mean that my bias will not change. I don't predict, I just react.

you should close it. then take a rest and trade again.

hold brother. Let's ride this tsunami!!!

An asset that's rising will continue to rise. It will usually go up and up squeezing all of the shorts that are trying to fight it.

Just ride the trend and don't let go of a good position too quickly. It will help you to avoid opening a stupid trade.

Happy hunting!! 😊😊

Bitcoin at $87,917. I still believe that we are in the bull market. Although the market will always show surprises. So, make sure to have a contingency plan and pivot your plan depending on what the market tells you.

Correction will give you a good entry and rally will give you a good exit.

Plot your trailing stops and let's go ride the wave!!!

Happy hunting!

#ID/USDT

This is the moment when luck meets opportunity!

Whenever the price consolidates in a specific area for too long that the 20 moving average catches up. It usually continues to go up even more

When the price pump, then consolidates and then goes down immediately , it calls distribution.

But!! when the price pump, then consolidates for quite a long time without breaking down in a certain area. It will shoot up sooner or later and it calls accumulation.

please note that the accumulation is not only happening in the bottom. It can also and usually happens in the top. specially when it nears all time high.

Good luck and Happy hunting!!

General Condition 101 - part 1.

There's my favourite line in one of the netflix series. The fall of the house Usher, when Verna says the line "This is the moment luck meets opportunity".

That's like in trading, you need to wait for your luck to meet your opportunity and I believe that the correction in the longterm trend of Crypto Market is that moment.

A trader needs to preserve their arsenal by all means necessary and wait... wait for that moment when luck meets opportunity.

Yes, I believe that bitcoin and the crypto market is bullish and not just bullish but a devil deal like bullish that will change ones life upside down. But I'm saying to pull the trigger and unload all of your arsenal recklessly. No.. not like that.

As a trader or a speculator, we must wait for the right moment when our luck meets opportunity and pull the trigger little by little until we use all of our arsenal in a trade or position. And if we get it right.. and at the right time.. we must hold that position and maximize the return until the curtain falls down or the trend reverses.

Do not give up your good position too early. Instead add more money on your winning position little by little whenever there's a healthy corrections in the trend.

Do your own research, good luck and Happy hunting!

#Write2Earn #BTC/USDT #crypto #trading

#OP/USDT

During the correction in the crypto market, OP is one of the crypto that remains optimistic in its price.

This is a good indicator that the price may be bullish in the next few days. I will be waiting for a good pull back in the price before pulling the trigger.

Also, the bitcoin must maintain its price level or must go up to confirm that the market will now continue its longterm bullish trend.

I believe that the #OP/USDT price action will look like the #INJ/USDT price after breaking the all time high.

So, for now, I will be watching closely the OP and look for a good entry area before opening a position.

As always, DYOR, good luck and happy hunting!

#Write2Earn

#FET/USDT as I mentioned in my previous post.

The #FET/USDT is in pivot in the 100 moving average and the price will usually continue in the direction of the next candle after the pivot.

For anyone that's asking, what's the pivot of the price? It's usually happening on a major support/resistance and showing a double bottom/double top. 20 and 100 moving average is a major support based on my analysis. When the pivot is showing, the price will either reverse the trend or continue it. This is the time to watch the price in which direction it will go.

#FET/USDT continues its path in a downward correction. The next support that may cause a bounce or reversal of trend is in 20 moving average in the weekly time frame.

As I mentioned before, longer-term time frame is usually stronger than the shorter-term time frame. Let's see what will happen in the #FET/USDT and bitcoin next week.

I still believe that this week will be quite gloomy in the crypto market.

As always, DYOR, good luck and happy hunting!

#Write2Earn

Technical Analysis 101 - Part 1.

The longer time frame is more powerful than the shorter time frame. What I mean about this is that usually the price follows the longer time frame than the shorter one.

Yes, there might be a shake off or some violent price action but usually the price follows the pattern of the longer time frame.

You can also use the longer time frame to determine the trend for your shorter time frame. This is useful for people that's day trading or scalping.

Please note that this is not 100% working as trading is a game of probability. Nothing in trading and life is 100% sure. There's always a possibility that the pattern is good but suddenly the price surge/move against your bias because of some macro/socio economic news or some fundamental changes.

See the image below, as you can notice, the 5 minutes time frame chart of #SEIUSDT . Some people specially those that are aware of the RSI - Price divergent pattern might trade this.

But when you look at the 4 hour time frame, you will notice that the price instead is broken down from a consolidation.

Then upon looking at the weekly time frame, you will notice that the price of SEI shows a "double top" pattern then after that. The price try to break up the "double top" pattern but failed to do so.

That's why on my previous post, I am quite confident that the #SEIUSDT is bearish. Usually the failed break out is a bearish signal specially if it happens in a longer time frame.

In conclusion, you should always consider the current people's sentiment before triggering any trade. Don't base your trade solely in one analysis. You can both use technical analysis and fundamental analysis at the same time.

That's all for today. Good luck and Happy hunting!

#Write2Earn #SEIUSDT

#FET/USDT The age of Artificial intelligence.

The 100 moving average will be the pivotal point which dictates the possibilities of the direction of the price.

If the price of the FET closes at a good green candle today (sunday) then it will have a strong possibility to continue its trend upward in the long and medium term.

However, if the price continues its course to go down today (Sunday) then it may have a deeper correction.

This is the time to just watch the price to where it goes before pulling the trigger.

As always, do your own research. This is just an opinion based on my analysis and never bet your money based on other people's analysis.

Happy hunting. Good luck!

#Write2Earn #FET/USDT #Fetch.ai

#SEIUSDT

As I said in my previous post. SEI is a quite bearish coin. I believe it is better to short or avoid opening a long position on it in the next week.

Looking at the weekly chart. it looks like there's no support yet for the bull.

do your own research and be careful. happy hunting everyone!

#Write2Earn #SEIUSDT

**Bitcoin's Short-Term Outlook: Navigating Choppy Waters**

Bitcoin, the flagship cryptocurrency, is currently facing a turbulent landscape characterized by short-term bearish sentiment. But I believe that the Bitcoin's long-term prospects remains bullish.

**1. Technical Indicators: Bearish Signals**
Technical analysis of Bitcoin's price movements reveals several bearish signals that suggest a short-term downturn may be imminent. Indicators such as moving averages, relative strength index (RSI), and MACD (Moving Average Convergence Divergence) are showing signs of weakness, indicating that selling pressure may outweigh buying interest in the short term. Additionally, key support levels have been breached, further exacerbating the bearish outlook.

**2. Regulatory Uncertainty: Cloudy Skies Ahead**

Regulatory developments have also contributed to Bitcoin's short-term bearish bias. Increased scrutiny from regulatory authorities around the world, coupled with the potential for stricter regulations on cryptocurrency exchanges and trading platforms, has cast a shadow over the market. Uncertainty surrounding tax implications, compliance requirements, and the legality of certain Bitcoin-related activities adds another layer of complexity for investors and traders, potentially dampening enthusiasm and triggering sell-offs.

**3. Market Sentiment: Fading Optimism**

Market sentiment plays a crucial role in driving Bitcoin's price movements, and recent sentiment indicators suggest a shift towards a more cautious and bearish outlook. Investor sentiment surveys, social media discussions, and sentiment analysis tools indicate waning optimism and increasing skepticism among market participants. Negative news coverage, regulatory concerns, and fears of a potential market correction have all contributed to a decline in sentiment, making it challenging for Bitcoin to sustain its upward momentum in the short term.

#Write2Earn #BTCBearish

#Sei is showing a bearish pattern specially on its 1h time frame.

Usually, after a series of sell off/buy off then the price consolidates without any move at all then the 20 MA (orange line) catch up with the price. It will continue the trend in whichever is the direction.

And that direction for SEI is downward or in bearish. The best suggestion that I can offer is to wait for the 20 MA to catch up to the price to make sure that the pattern is completed before opening any short position. Any irregularities with the pattern should be considered as it may cause a trend reversal against the short side.

I suggest to do your research and don't base your trading decision in a single article or chart/tools or entity.

That's for today, good luck and happy hunting!!

#Write2Earn #Sei