[Update wave $ETH and Altcoin on December 11-12, 2024]
Hello everyone,
The sweep yesterday and this morning has caused me to lose 30% of profit. Fortunately, I cashed out my capital and half of the profit, so the loss is significant but does not affect the initial capital.
=>>> This is the first prerequisite I set in investing.
Currently, I don't know whether accidentally or intentionally, it is going slowly like in March 2024
=>>> I will continue to run towards $BTC if there is any change in the next 3-4 days. If the W candle breaks, it breaks for good.
This position is very difficult to play, so I will not put in the old capital and the profit that has been cashed out but will only play with the remaining part. And I will not get into altcoin, only into strong topcoins.
Regarding the current running wave, I have some information to share as follows:
1. For most Altcoins, the D1 chart has all broken and is entering a correction, the target is back to the new resistance of the old peak from March. However, it will reverse up again if it corrects, everyone.
2. For topcoins, they have completed the first wave and corrected. They will retest the bottom + some traps and continue to run. Just a few topcoins.
3. For $ETH , it is a slow mover, so it will be very strong among the altcoins - so anyone holding should stay calm and watch how the market maker operates.
4. Need to eliminate margin and future in this wave (It’s sweeping quite shockingly, so don’t do anything irrational)
5. The BTC.D weekly chart doesn’t have any major issues, so I won’t run until the end of this week.
In this wave, I accept to lose a little more because it is in a sensitive position, worth a slight trade-off.
P/S: Feeling like being slow-rugged just like March 2024 is coming back. Please market maker, don’t trap me anymore, I’m really suffering🥶🥶🥶🥶