31/5/23 update
Hong kong retailers start trading tomorrow 1/6. Always sell the news. Its a bearish event.
Mr Crypto.MY
Semi-retired Malaysian crypto trader sharing insights and opinions
30/5/23
Closed short at entry. BTC is all over the place now. Alts pumping and dumping due to low liquidity and volume and BTC is lost and can't find a home.
So frustrating some times but best thing to do is stay at the sidelines and wait for a better signal.
25/5/23 update
Alts are bleeding and non performing alts will dump even harder.
BTC TA also showing weaker signals and a breakdown already happening. Predicting BTC to head towards 20k. Putting a short here already but might not be a good entry now.
Wait for a small retracement upwards and then short it with low leverage.
15/5/23 update
BTC most likely will trade sideways between 26000 and 27500. It needs to hold above MA200 weekly chart to remain bullish and if it loses that, we might visit 24000.
MM always love to go for liquidity and the biggest one here is below 24700 so we might see a possible dump down to grab it.
For now there's no reason to open any long or shorts but queue for the interest price which is 24700. Queuing a long here makes the most sense with the best R/R. Any positions at this point now wouldnt make sense.
just as I said. BTC hit 27900. i tp half here and put sl to entry. waiting for cpi on wednesday
Also I won't touch pepe if you aren't in. Meme coins always dump when s**t start hitting the fan first. And it will dump hard. R/R now is not worth it.
7/5/23 update
BTC very likely to go $27900. Got a small short open. Other than that, crypto been slow lately. But we going to see a big move very soon and I'm betting on a short.
Also guys, if you like what you read, follow me. It helps motivates me to do what I do.
Thanks.
30/4/23
im staying in the sidelines until 1st week may. General play would be buy first half of may and sell 2nd half.
Plenty of fud going around and with the fall of banks. Too many irrational price action to be a part of.
25/4/23
Closed all my shorts with a nice profit.
19/4/23
BTC and ETH on a downward dump. My shorts are in the money and I've moved SL to BE.
Hope you guys followed me.
17/4/23 BTC confirmed on downtrend for now. If continued, we might go to 28600$ support levels. Not opening any new leverages. spot position still holding strong in profit.
13-4-23
Well ETH Shanghai was a let down. expected it to dump more than that.
Anyway looking at Eth, I expect a fake pump to grab liquidity at 2000$ before coming back down.
Opening a short at $2000 with higher than usual leverage.
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