Smoked strategy

#BTC is near a strong resistance area on the daily chart around $25250. If it breaks that resistance, and can hold, we expect some higher prices. The next resistances levels are near $26807 and $28818.

Today we took some small profits.

just a small comment, it is important to take profits, so we have took some extra profits today!

With a lot of alts and #BTC in green, we took some small profits today. For our remaining holdings we have SL and TP rules active.

We have noticed a falling wedge on the 1 hour chart where ZRX could break out. It is a risky one, so a stop loss of 7% is set. Our indicator gives a bullish signal, so there is a chance that this trade is profitable.

We expect some volatility in the market and put our belongings into USDC to see what direction it goes. Could be the correction that we where expecting.

Some updates:

The last part of LRC is sold with profit.

We also bought some CHR and Aave. Our take profits are divided in 40%, 30% and another 30%. Both first take profit are already triggerd and sold with profit.

And also our second rule got triggerd and we sold some LRC with a higher profit👍

First rule has been triggered this night. 40% of our 20% LRC holding was sold against 10% profit. The remaining part has also triggers. Let's see how things will play out, maybe I will change the stop loss to entering price.

We are expecting a correction on BTC, so we will fully move to stable coin and see how things we turn out.

On 8-1-2023 we bought some DOT and SAND and ride with the flow. Today we sold both coins with profit.