Judging by what I see in all tier-1 crypto I have decided to trim holdings. I know this is an about-face for most who read me. However I must emphasize, this is for risk management purposes more than anything ominous.
This morning I sold 3,000 SOL and 10,000 ADA. I still hold 4,000 SOL and 10,000 ADA.My holdings have doubled so these are mostly free trades for me.
Bitcoin
Solana
Above Main Chart
ADA
ETH
I will reiterate. I'm raising cash for risk management purposes. If my counts on tier-1 crypto are correct, I hope to re-deploy this capital at better prices. Lastly, many of the charts I track are coming into or have competed short to intermediate term tops. Therefore, I wish to take a wait and see approach to many things I follow and trade.
Best to all,
Chris
IMPORTANT NOTE:
SOMETIME BETWEEN MID AND END OF FEBRUARY I WILL ONLY BE POSTING ONCE PER WEEK HERE ON TRADING VIEW. I WILL ONLY BE DOING WEEKEND UPDATES. THE MORNING, EVENING AND SPECIAL UPDATES YOU HAVE RECEIVED IN THE PAST WILL NO LONGER HAPPEN. AS I GET CLOSER TO CHANGING MY POSTING SCHEDULE ON TRADINGVIEW.COM I WILL UPDATE MY FOLLOWERS HERE.
This morning I sold 3,000 SOL and 10,000 ADA. I still hold 4,000 SOL and 10,000 ADA.My holdings have doubled so these are mostly free trades for me.
Bitcoin
Solana
Above Main Chart
ADA
ETH
I will reiterate. I'm raising cash for risk management purposes. If my counts on tier-1 crypto are correct, I hope to re-deploy this capital at better prices. Lastly, many of the charts I track are coming into or have competed short to intermediate term tops. Therefore, I wish to take a wait and see approach to many things I follow and trade.
Best to all,
Chris
IMPORTANT NOTE:
SOMETIME BETWEEN MID AND END OF FEBRUARY I WILL ONLY BE POSTING ONCE PER WEEK HERE ON TRADING VIEW. I WILL ONLY BE DOING WEEKEND UPDATES. THE MORNING, EVENING AND SPECIAL UPDATES YOU HAVE RECEIVED IN THE PAST WILL NO LONGER HAPPEN. AS I GET CLOSER TO CHANGING MY POSTING SCHEDULE ON TRADINGVIEW.COM I WILL UPDATE MY FOLLOWERS HERE.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.