Overall I think BTC is pretty Bullish based on the chart I drew and how it's been bouncing on the supports! More on that later!

Today's trades involved RUNE, LUNA, and WAVES. I scalped and traded swings today, and may continue to do so tomorrow depending on how the chart looks like when I wake up. Today I managed to reach 2.5x my daily quota, but as I am writing this article, I have one ongoing trade shorting LUNA. As always, anything I mention here is not financial advice but my thoughts and my plans on the tokens discussed.

Let's get started shall we!

BTC Decision soon (Bullish Leaning)!

BTC entered the purple highlighted area of value but quickly left the area. The previous line's point of break was quickly broken with a bullish run and their is a current bounce on it. This is very exciting in my perspective! Hopefully we see a strong move to 48.5k soon!

My Trades Today

RUNE

When I woke up this morning, I saw that it broke the downward trendline that was forming. However, my overall bias was that RUNE was still on a larger downtrend as the current move was only a lower high. When it reached 11.7, I would short it for quick plays and when I saw the large crash from the upper/ newer trendline, my bias was that the trendline is strong, so I shorted it. I took a quick trade from 11.9 to 11.7.

WAVES

WAVES was a very interesting play today. It is currently consolidating at it's current price, bouncing from 33-35, so I've taken the advantage of trading the range. However, my bias here was it's time for a bounce so I've only went long on this hoping the next time it goes up it would finally break out.

LUNA

This is my current trade right now. LUNA is a play of rejection from ATH. Normally when a token falls from the ATH, we can expect a large correction before it starts making its way back up, depending on which phase it is in. Based on the movement of LUNA, I decided I had a higher Risk Reward Ratio to short this and thus was the direction of my bias.

Goals

Currently I'm less than 20% of the way to my goals. Once I get those, I will readjust my goals. The point of the last few months was to improve my consistency and strategies. Now things are looking better, but I had best not be overconfident and screw the whole thing up.

Credits

• Charts taken from Tradingview.com and Binance.
• Pictures made using Canva.com