IA Trade Alert (Patreon)
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Hi Team
Quick update from my side (NONE OF THIS IS FINANCIAL ADVICE. I SHARE WHAT I DO ONLY. PLS DYOR AND MAKE YOUR OWN DECISIONS)
Was watching and chasing BTC yesterday, but did not get any. Left a LO on FTX at $23,501 and it filled while I was asleep. It was simply time to get more. The accumulation is very strong and the supply is very limited. Same thesis.
I traded it a lot but now, like SOL it is time to HODL. Upward breakout to me seems too strong right now.
Crypto buying is done for now. If I see the trend reverse, I will sell...
Il Capo will tell you "Main target remains 15.8k-16.2k" but for me, the risk-reward is skewed to the upside eg ie return is 8x larger to the upside than the downside.
I also convinced myself it has bottomed.
Over half of my cash is now deployed.
Hope for some TSLA next... I now buy at 680-700.