*Gets repeatedly told not to risk more than 5% on any one trade*
New Trader: "pshhhh I can't get rich that way."
*proceeds to blow up account in 3 trades*
"Lol crypto is a scam."
How to ruin you and your family's entire financial stability in one move.
Just went BALLZ deep in $XRP
Took out a loan for *way* more than I can afford to pay back
I am NOT bragging or flexing here. My aim by staying this here is to document my BALLZ DEEP journey with you all as an educational material source.
WISH ME LUCK!!! 🤪
#XRPcommunity
The more you learn and practice proper TA, the more you realize you shouldn't listen to most people's calls on Twitter.
$BTC showing rejection off of previous support, now turning resistance. I continue to be short-term bearish.
$BTC Weekly showed rejection off of the Kumo cloud (10,30,60) multiple times. Now in a breakdown with a current bounce off of the Tenkan, but looking to buy back in around the $8300 - $8700 range with a bounce off of the Kijun.
$BTC Rejection off of the daily Tenkan (also 4H Kijun). Expecting a drop down to macro support (dotted line) and possible wicking to the Daily Kijun around $9700. This also coincides with my target buy zone which lies between the 0.618 and 0.786 fib levels from the recent rally.
1
Invalidation hit for $BTC. Got into a small position at the $11,800 break. Break above $12,400 would have me targeting between $13.4k and 13.8k for initial profit taking.
2
If you want to see pure chaos and a cacophony of traders, watch live chat in TradingView. What a mess.
$BTC Target denied and stopped out. Piercing bearish candle on this recent daily close. Still targeting white rectangle for larger position sizing.
$BTC $11,400 target hit where I took some profits. Keeping a stop loss at the bottom of the previous Heiken Ashi candle on the 4H in case of a reversal. If we break down, I'll be looking at the white rectangle area for a reload.
