thetradingparrot
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Why I'm getting some ETH today, FUD and buy indicators for HODL
🕑 Added 2021-09-11 14:38:44 +0000 UTCI was meaning to go shopping for alts this weekend but got really bullish on ETH.
It's oversold and even if I'm expecting a supply shock soon for both BTC and ETH, I expect ETH to make the most significant move to the upside between both.
Of the total amount I'm planning to invest in ETH I'm buying today with 2/3s of that USDT. And will leave 1/3 for further downside "opportunities" during the next week.
I've been monitoring the movements of whales every few days and these last week has been crazy. The transactions are now turning into billions. Exchange flows into cold storage and stable coin into exchanges to buy the dip constantly by whales. https://t.me/whalebotalerts
All this while weak hands keep getting shaken out from the party that's building up for the end of 2021 and begining of 2022.
Do not mimic me without doing your own research, I did mine and feel like there's a great opportunity.
There's some growing FUD out there to keep an eye like:
- technical FUD: if we don't hold the 21 weekly, the 50 daily ema, the 0.38 fib level, the CPR monthly level, the keltner channel daily, the dead cat bounce, etc etc.
- fundamental FUD: the SEC against coinbase, some bankers saying BTC its worth nothing, a lot of bla bla
Is there anything that could send now crypto prices way lower?
The biggest event that could actually cause a huge disruption in the crypto space at the moment is the SP500 breaking support. If this happened no valid bullish fundamentals would help crypto avoid a black swan event so be prepared mentally for such an event. Many people are expecting a stock market crash followed by a depression. This is a possible event but no one can tell when is it going to happen. It can happen tomorrow or in 2 years.
I'm never investing with all the capital and I always invest thinking what's plan B if the black swan event happens: would I then buy more? do have enough funds on the side to take advantage? during those disasters is when you can make the best gains of your life, so even leaving 1/3 of your funds could make a big difference if you manage to enter from the bottom and hold until the recovery.
And if there's no such disaster happening then where are we heading?
At the moment we are sitting in between fear and greed. There can be some downside but in that case I expect it to be short-lived.
Is there any indicator we can use to know when is it a good time to buy for hodling?
I'm planning to make a video with a group of technical indicators that I have that can tell you with 99.99% accuracy when is the best time to buy almost any asset.
Let me know if you are interested by liking this article. 60 likes and I'll make it our next video.
Comments
it's in the article immediately after https://www.patreon.com/posts/whale-strategy-56125703
it's in the article immediately after https://www.patreon.com/posts/whale-strategy-56125703
When are you planning to release the indicators video?
Hahahaha đ€Ł
That is sooo not nice if you to tease us with new video topics: the truth is we ready to watch any crypto/bot videos from you, as you earned our trust long ago!!!
I would love to see such video !!!
Looking forward for that vid!
I see 2 comments and zero likes on the article XD. I liked the article.
Amazing!!! waiting for the video Thanks Trading parrot!!!
Will be looking forward to the video đđœđđœđ„
