Sniper-Traders

Booked a profit of 57.45% on 10/11/2023. The current price is at an inflection point, with a probability of a market sell-off.Fundamentally, there aren't many factors that could lead to a bull rally in the near future. Therefore, I've decided to take some profits and free up some cash.There are still some positions on the higher side, leaving some holdings in case a bull rally occurs. However, if the market experiences a crash from the current levels, I will consider a re-entry if the price falls to the low of the ascending channel.

ETH : Booked profits Booked a profit of 27.64% on 10/11/2023. The current price is at an inflection point, with a probability of a market sell-off. Fundamentally, there aren't many factors that could lead to a bull rally in the near future. Therefore, I've decided to take some profits and free up some cash. There are still some positions on the higher side, leaving some holdings in case a bull rally occurs. However, if the market experiences a crash from the current levels, I will consider a re-entry if the price falls to the low of the ascending channel.

LTC : Added on to the holdings I anticipate that the cryptocurrency market may experience further challenges in the foreseeable future. However, my approach is to employ dollar-cost averaging at opportune buying levels, contingent upon the price movement within those ranges. I intend to adopt a more aggressive buying strategy in the event of a global market downturn, including a potential decline in the Nasdaq. Until such circumstances arise, I will continue to incrementally increase my holdings, adhering to a dollar-cost averaging strategy. This is going to be my approach for all the major coins that I'll be buying in the near future.

MATIC : Adding more into the holding I anticipate that the cryptocurrency market may experience further challenges in the foreseeable future. However, my approach is to employ dollar-cost averaging at opportune buying levels, contingent upon the price movement within those ranges. I intend to adopt a more aggressive buying strategy in the event of a global market downturn, including a potential decline in the Nasdaq. Until such circumstances arise, I will continue to incrementally increase my holdings, adhering to a dollar-cost averaging strategy.

BTC : Waiting for the bubble to burst Although I expect a move upwards in the short term, there is a high probability for a black swan event and the price of all the speculative assets to come crashing down. Crypto will be leading the crash since it is the most speculative of all asset classes. If the debt crisis situation in the US and the recession worries, which the FED has been relentlessly trying to battle with for the past few months, wins over, then it's going to lead to an everything bubble. The macro economic situation is primed for a crash which may even be bigger than the .com bubble in 2000 and the financial crisis in 2008. Here the catalysts are the over hyped AI and metaverse revolution and the rising debt in US.

BTC has been consolidating above the most recent high for quite some days now. There is a higher probability for the pice to move upwards impulsively from this level.

The price did bounce from the key inflection levels in the bottom as expected and is moving towards the upper supply zones. There is a higher probability for profit booking around those levels and selling pressure to take over the current bull run. If the market did succumb to this selling pressure then the fear will kick in and we can see a turn-around to the bottom levels once again.Price has rejected from the levels and is crashing. Waiting for a perfect opportunity. Expecting for the fall to continue as of now.

Not entirely bullish on Crypto as of now. But taking a conservatively optimistic viewpoint for the time being.

The current situations in China is not a good news for Crypto. I don't expect technical levels to have much significance in this panic situation. Can expect the price to plummet heavily.