TWTUSD | Wave analysis of the ticker

Before breaking 33k upwards on bitcoin, it’s reasonable to be in altcoins and bitcoin itself by maximum 10%, especially if you bought put options besides investments. Thus, if the crypto falls by 30% or more, you will lose a maximum of 3% of your capital. In case of what we will recoup this amount with trading for a month. And if the crypto grows, there is no difference between buying bitcoins at 33k or at 29k, taking into account the targets of 250k.

One of the coins that I personally have in these 10% is TWT. I have an average entry at 1.1 on the spot, I’m not going to sell it, but I don’t want to buy more. The penultimate averaging was almost 2 months ago according to the trading plan (https://t.me/eightyninewaves/3650).

Crypto market will sooner or later become interesting for trading and investments, but for now you just need to be patient and look at other assets – there are a lot of trends.

#TWTUSD. We have passed the stop value, we need to make a partial fixation and move the stop to breakeven.

#TWTUSD. I think we can add a little…

While everyone was running around the news FUD’s about Binance chicanery, I was buying up altcoins of interest, such as TWT. It’s now just under 1% of my portfolio of total capital. Yes, yes, I’ve driven a few thousand dollars here. With an average entry of 1.1 and targets on 3 bucks. No futures, yet.

#TWTUSD. Updated a buy-stop order.

Yeah, things don’t always go according to the plan. Sometimes you have to catch 2-4 stops before you successfully enter a trade with a p/l of about 10. I hope this is the case. At the beginning of the week I plan to buy more TWT stocks using the trading plan from the chart. This trading plan is based on a double zigzag trading strategy on a 0-[x] trend line break.

In general I remain optimistic about the crypto market, but I understand that bitcoin may still give quite a deep and unpleasant correction before #tothemoon, so I work cautiously on small volumes.

#TWTUSD. I’m thinking of trying a long on the double zigzag trading strategy one more time.

An extreme trade plan of mine led to a stop-loss. I haven’t just even posted it here. Because I found it unlikely. It happens, not all trades are closed by takes. This is a specificity of trading – no one knows the future for sure, we can only build a probabilistic model. And if our assumptions come true more often than not, or if we compensate losses of previous unsuccessful deals with one trade and earn on top of it, it’s enough.

Today I have lowered my global target from $6 to $3 and set a local target for trading. Now I propose to try my luck again and go long in the market prices with a small stop. Again no guarantees, but… It is worth a try! The main thing is not to risk too much money.

#TWTUSD. Switched to this count. Overall, nothing new, only the targets are more modest now. 4 dollars instead of 6.

#TWTUSD. Haven’t reviewed the count, yet. Who was able to take a long with a super small stop on [i]?

#TWTUSD. Tonight I will revise the count, [iv] will overlap the end of [i] obviously.

#TWTUSD. I also added TWT last night using the ending diagonal trade strategy.

#TWTUSD. Long is still alive, showed the place where I plan to add. The logic is the same.

#TWTUSD. I forgot to write about my entry the long, but now it’s too late to enter.

#TWTUSD. I confirm entry into the long, everything is still as planned. Stops and takes are the same, I will keep informed in case of changes.

#TWTUSD. A small update of the trading plan. We wait for the breakdown of the channel, only then we enter a long. No need to catch knives, it’s dangerous here.

#TWTUSD. The correction is still within the limits of reasonableness. Tomorrow it will be clear whether the general upward plan is justified.

#TWTUSD. It went carefully according to the plan on the small degrees. I will buy back on the break of the trend channel, with a stop of 1.5.

#TWTUSD. I really want it to come out of this triangle down at 15 minutes, but… The logic of the recent movements on the crypto suggests an upward exit. Waiting.