Trying my best to provide you content of value even in this rather boring market climate.
Hopefully, all of you who are my paid subscribers have been following my trades closely during this altcoin/crypto drawback. Some alts are down as much as %80. Most are down at least %50 from their all time highs. But, if you have followed my trades and played the levels game LONG even in this bearish trend, you should only be down around %10 or less. That is a BIG WIN in my book because I still believe a BULL cycle is about to come and I want you and I to be positioned LONG for it so that I don’t miss any HUGE moves.
With that said, I have taken a bit of time to draw out the levels on my current positions for you all. Don’t let these charts intimidate you. I have tried to hide all of the other noise, so that you can focus mostly on levels and longer term (2 months plus) swing trade targets. These levels are simply placed on the charts so that you can know precisely, during the given course of a day, where the daily/weekly high might be. It is here that you might sell some/all of your position and either look for re-entry with that cash profit OR, if you can’t gain re-entry at one of my levels down, you simply look to re-allocate elsewhere.
Quiz question: When might you sell ALL of your crypto position and take profits using my levels strategy?
Answer: Whenever there is a massive move in ONE day (%20-%50+) AND we hit a MAJOR level of resistance on my chart.
On big move days, especially during drawbacks like we are experiencing currently, you can almost be certain I will sell most, if not all, of my crypto in that position and look to re-enter on another day OR re-position elsewhere.
Remember, there are always plenty of opportunities out there in the crypto space. Don’t panic. Take your profits. And continue on like a boss!
So, here are the levels on the (7) seven coins I currently own in my trading portfolio…
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