In my understanding, a gambler is a person who cannot restrain themselves from random trades. This is a trader who has undergone training (or self-taught), created their profitable trading system, but continues to deplete deposit after deposit because they cannot adhere to their own rules. For every good systematic trade made by such a person, there are several random trades that eat away all the profit from
It doesn’t matter if you are a scalper or an intraday trader, it is essential to understand one of the most important rules of successful trading: you can only make money on active coins that are of interest to the market. You can identify such a coin by 3 criteria: 1. Increased relative volume. The key word here is 'relative'. This means that the daily volume should increase 3 times or more compared to the volume at which the coin is usually traded. As a rule, an increase in volume is accompanied by a strong rise or fall in price. Such coins are easy to find in any screener or even on the exchange itself by sorting coins by growth and decline.
Bitcoin seems to be creeping toward a new all-time high. If it holds above these levels, liquid altcoins with strong fundamentals could take off ahead of it.
$SUI looks very strong overall right now. There’s a clear stop-loss just beyond the local break in structure, and a profit-taking zone after it breaks through the round 1.5 level.
The dog has carved out a beautiful cascade of long levels. If Bitcoin now goes on to take out the local highs, we could also see short sellers’ stops getting swept above those highs, followed by a strong long breakout from consolidation.
The setup is also good because there’s a clear invalidation point and obvious take-profit levels.
The risk/reward ratio is appealing too—around 1:6.
$STRK A coin leading in growth; volumes and open interest are increasing. Graphically, the price is starting to form something similar to an ascending wedge.
As for the obvious points to enter for continuation of the uptrend, I see the lower boundary of this wedge. Take profits—after a breakout of the daily level at the 0.063 mark.
There’s an interesting situation with the coin right now: the price is being squeezed between two trending levels and they won’t let it break out to either side.
This is a good situation from a risk management perspective, as it allows you to work out the idea with a very tight stop-loss.
I’m more inclined toward a long setup, because Bitcoin is still maintaining an upward trend. And trading in line with the trend, in any case, has better expected value.
Not bad for a continuation of the uptrend: the price was actively bought back from support levels, while volumes and open interest remain at a high level.
There is a clear SL at 0.07 and good prospects to reach the round number 0.1.
The price is currently at a good entry point for continuing the long scenario: on the one hand, it is being held by support levels, and on the other, it is at a local uptrend level.
That is, the idea behind this trade is not based on the belief that the price will rise, but on favorable mathematics—here, the potential profit from this trade is many times greater than the potential loss.
The coin was confidently bought/sold at the approach to 300, so, most likely, we won’t see a lower price in this cycle anymore. Especially if BTC continues its upward trend.
Therefore, right now I will open a long position with a clear SL around the round 300 and take-profits in the vicinity of 400.
The price has reached the levels again for a retest. This is a decisive zone, because if these levels are broken and then the price returns back into the consolidation, it will become a strong signal to continue the upward move.
Therefore, I’m waiting for a pullback into the breakout area, and I will enter on a rebound from the support levels with a short SL. Take profits after the breakout of the round number 100.
If you look at the history of the current long-term trend’s development, you’ll see that twice in a row the price drew the same pattern: forming an ascending channel, breaking down through that channel, building up below it, and then exiting upward by taking out the local maximum.
Now the same thing is repeating, only within a wider range: the price has moved out of the ascending channel to the downside and is starting to consolidate.
So I will be building a long position with a stop-loss below the local support levels around 1220. Take profits after a breakthrough of the round number 2000.
The price broke through local long positions levels and returned to them for a retest. This is a decisive zone where it will be roughly clear where the price is going.
I’m more inclined toward the long scenario, so I’ll be entering a position with a stop below the low of this consolidation (around 234) and trying to capture a big move.
A coin with a strong underlying fundamentals, but in this cycle it hasn’t yet shown good long moves. Also, today news started appearing about it being burned, as well as the fact that at the beginning of September Polymarket launched perpetual contracts on Polygon.
Technically, there is currently a good entry point from a structure break on the 15-minute timeframe, with a stop at 0.112. Targets are around the first resistance level at 0.185.
Many people are now waiting for a Bitcoin correction; some even expect it to reach 40,000. I’m not a big crypto analyst, but looking at the inflows into spot Bitcoin ETFs, it’s not clear who would need to trigger this massive sell-off.
If you’re not aware how exchange-traded funds work, I’ll explain it in a nutshell: each issued share must be backed by a real asset. That means if inflows into Bitcoin ETFs continue to grow, the funds will have to buy Bitcoin on the exchanges and hold it themselves as collateral for the shares. At the same time, it doesn’t matter at all how much it will cost: even if the price $BTC rises tomorrow to 500,000, the funds will still be buying it—they simply have no choice.
Basically, I don’t believe in a big correction, so I’m going to try to position myself within the broader long-term uptrend.
Right now I’m seeing some decent support levels, from which I will be accumulating carefully with minimal risk.
The coin is forming a good consolidation at local highs. If you look at its history, from similar accumulation phases it has launched with powerful long candles, up 40%-50%.
Right now, I don’t see clear entry points or zones for building a position, so I’ll just keep watching it. If long activity appears, then I’ll look at the situation and decide how to latch onto this rocket—if it takes off at all.