Back to safety before FEDmeeting and before we reach massive resistance at 30k.
Schillebeeckx Strategy is a large cap focused strategy. We aim at long-term growth, low risk and stability. LOW management fee, NO performance fee!
Back to safety before FEDmeeting and before we reach massive resistance at 30k.
Added $LRC , $NEAR and $RUNE as we expect an altrunweekend. Stop losses in place as well as take profit targets and rules.
We increased our stop loss level to 25k for $BTC.
Markets are climbing the wall of worries on nothing but bad news for the economy. This is hard for bears like us, who expect a collapse. We went back into the strongest alts to ride the wave up, but we are protected with a stop loss when $BTC falls below 24k.
We take profits in
$BTC at 29k (30k is resistance)
$ETH at 1950 usd (2k is resistance)
$ATOM at 15 usd
$MATIC at 1.45 usd
As $BTC breaks out (on all the bad news :) ) we take a small allocation for a short term ride to the upside.
Yes, it's working everywhere. But we have tight stop losses. Odds are high $BTC will test the 30k resistance now. We will be out before that happens.
FOMO is working.
So to be clear: we well sell when $BTC falls below 25k and we will sell when $BTC goes above 29k.