Bad crash last night 🥶 Luckily we weren’t in completely. 🤘 Now wait for the bottom and then we go back in 100%.
Smart Crypto Strategy@Nulens
Assets Copying Strategy
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SCS is an actively managed crypto fund.
It was very tempting to buy back in yesterday but luckily we didn’t. The expiration of the futures is today and $BTC always pulls back then. Combine that with Black Friday and the uncertainty with the new covid variant and you have the reason of this pullback. We will wait to see what the bottom is and then go carefully back in.
It looks like we were right in our prediction. Happy we didn’t get in too fast. Let’s wait and see what the market will be doing. 53-55k or 61-62k are areas to get back in.
Yesterday our sl was hit at 57,5k and we went out of the market. We will not fomo too fast back in. Let’s wait until after the weekend and see if $BTC can break 60-61k again. There is a chance $BTC will range again between 55-60k and we don’t wanna buy the top. Patience is the key in trading. 👍
Our move back in was perfectly at 59k. Now we can only wait what the market will do. We expect it will go north, but we have to remain cautious. 58k is the resistance, if that breaks we will go further down. Our stoploss triggers at 57,5k.
Perfect balance to be 50% in and 50% in $USDT. We’re making up the pullback we’ve had and if $BTC goes to retest 59-60k we can buy in at a good price. Either way is good for us. We only need to be careful if $BTC would go lower than 58k. But not really expecting that.
Quite a pullback yesterday but nothing abnormal. We still remain bullish but I’ve place a quite tight stoploss to go 50% to usdt if we go under 63,5k. Don’t want to ruin our profit from this month. We’re on 23,4% profit which certainly isn’t bad. 👍