$QNT didn't go as planned. A bearish pattern formed after a 3% rise from the entry point due to low volume, limited liquidity, and a drop in Bitcoin's price. We now have two possible scenarios, and entry should only occur after confirmation and a retest of the line shown below.
$QNT
The price is following as planned. However, as mentioned previously, the market remains weak. I don't think it will succeed in retesting, and if it does, we know exactly where to enter.
Honestly, as far as trading is concerned, the market has been terrible over the last few months: messy price action, low liquidity, constant false moves and very few genuinely clear-cut opportunities.
But after years of experience, you learn that you don’t always have to be aggressive.
It’s not those who open the most trades who make the real difference… it’s those who understand when the market is giving you a real edge and when it’s just burning through capital and energy.
That’s why I don’t mind the boring phases: you reduce your exposure, protect your capital and wait for better conditions.
The problem is that those without experience often do the opposite: they increase position size, force trades and constantly search for ‘the game-changing trade’ in a market that is offering almost nothing.
And that is precisely where many have really got hurt over the past year.
Because in difficult markets, it is not those who make the most money who survive… but those who manage to lose the least and stay clear-headed long enough to capitalise on the next real trend.
$BTC planned two trades for this week
Range 1: Short 77.5 to 76k
Range 2: Long 76-76.5 to 79.5k (could go up to 80k)
Have a fantastic week!
Good morning!!
$BTC The market has been really chaotic over the last few hours, with no clear direction.
For this reason, if you want to keep things simple and objective, it makes sense to trade only on significant deviations and at levels that clearly invalidate a scenario.
In the middle of the range, you could also try switching to a shorter timeframe and looking for some scalping opportunities, but the risk increases significantly there: the market is noisy, less predictable, and it doesn’t take much to get stopped out without a clear direction.
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