Trades For October 1, 2024

#bitcoin #crypto #altcoins #bullrun #trader

Traders,

I was underwater for quite a while (37 days to be exact) on this one but we made it back above water and I have decided to sell here. Biggest reason? my indicator combo signaled a SELL on Sept. 29th. It was then confirmed by the MA cross-over on the RSI (see chart below). Additionally, we could be seeing a triple-top here and a sell-the-news event.

On the positive side, 200 DMA appears to be holding us up for now.

But again, I’ve decided to hedge my bets and take some weight off the long side while I am above break-even.

I can now chalk this up as another win (though small). Along with the recent trades on the new spreadsheet and my copy trades, we are at 19 wins in a row. Very nice! My new indicator appears to be cooking with steam so far.

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