š Many see the RSI for $BNB (76) or $XRP (74) and rush to buy. I prefer to look at the bigger picture. š§
The altcoin market is seeing a small short-term bounce, which is tempting many traders. But what about the King? š
$BTC is still trading below its 200-period moving average on the 4H chart. My bot has a āMacro Filterā: if Bitcoin is weak, it folds its arms and doesnāt buy anything, no matter how good the charts for other coins look.
š Why do I do this? Because trading against the overall trend is the fastest way to lose money. Itās not about guessing the next peak; itās about preserving capital.
When $BTC breaks resistance, the bot will start trading. Until then, the best position is cash. šµ
Do you trade altcoins without looking at Bitcoin, or do you check the macro trend first? š
#CryptoTrading. #tradingpsicologia #AnalisisTecnico
#BinanceSquare $ETH $SOL
The altcoin market is seeing a small short-term bounce, which is tempting many traders. But what about the King? š
$BTC is still trading below its 200-period moving average on the 4H chart. My bot has a āMacro Filterā: if Bitcoin is weak, it folds its arms and doesnāt buy anything, no matter how good the charts for other coins look.
š Why do I do this? Because trading against the overall trend is the fastest way to lose money. Itās not about guessing the next peak; itās about preserving capital.
When $BTC breaks resistance, the bot will start trading. Until then, the best position is cash. šµ
Do you trade altcoins without looking at Bitcoin, or do you check the macro trend first? š
#CryptoTrading. #tradingpsicologia #AnalisisTecnico
#BinanceSquare $ETH $SOL