aheievaleksandr88

Yesterday's shorts played out well with two successful positions, contributing to an overall positive day. However, overnight, a substantial swing disrupted liquidity from the upper side. Fortunately, I observed the move and promptly entered a short position at the peak with an extremely tight stop, which is now positioned at breakeven. I still perceive an opportunity to initiate additional short positions, especially as long as the price hovers around the $41500-41700 range.The correlation with gold persists, and while gold has initiated a correction phase, Bitcoin (BTC) is lagging but indicating a slowdown in volumes.Acknowledging the inherent volatility in the cryptocurrency market, I've strategically placed targets at key levels and liquidity pools. It's crucial to stay vigilant in such market conditions, adapting strategies as necessary. Keep a close eye on both BTC and gold movements, as they may continue to influence each other and provide valuable insights for your trading decisions.

Advancing my gold trade following a support zone retest.Persistent selling pressure propels this trade, grounded in a fusion of price action psychology and fundamental analysis.Yesterday, an attempt to establish a new all-time high ended in a fakeout, falling short of a candle close above $2071. Consequently, profit-taking ensued, allowing bears to seize control.My strategic focus centers on key levels, notably at $1988 and $1954. These levels hold paramount significance, and my target is set on navigating toward them.

Solana (SOL) has exhibited a prolonged period of outperformance; however, it appears that this upward trend may be primarily a rebound from the FTX collapse. Presently, the coin displays a noticeable weakness when compared to other altcoins.From a technical standpoint, we observed a break below a significant support line, followed by sustained downward movements after a retest. This breach suggests a potential for a deeper correction, and as such, I am inclined towards a bearish outlook for this coin.The MACD indicator further supports the bearish sentiment, adding weight to the downside scenario.It is essential to emphasize the importance of prudent risk management in these market conditions. Setting appropriate stop-loss and take-profit levels, as well as adeptly managing your position, are critical components of a sound trading strategy. I have initiated a short position at the current market price and implemented a permanent stop. I will keep you informed if I decide to adjust the position to break even.

Taking a Closer Look at the Month Ahead, Keeping It Real with Fundamentals and Smart Money:Feeling Positive: Right now, the market's riding high on the bullish vibes coming in from the BTC ETF. But, you know the drill – "buy the rumors, sell the fact" – so, let's tread carefully; there might be a dip on the horizon.Downsides to Ponder: Not much negativity to report, but hey, Binance has got a hefty bill of $4.3 billion knocking on its door.Key Takeaway: Crypto's story involves a mix of wild speculation, shaking off the overconfident rookies, and making those necessary pit stops for growth. We're still navigating this bear market, and monetary policy is hanging in the air. Keep an eye out for potential rate cuts hinting at a cautious vibe for the first quarter of 2024 – usually a sign of economic rollercoasters. So, we've got some time to groove with a moderate correction. 🚀📉