Highstreet: $70 In A Close-Distant Future (Trading Strategy 101)In the year 2025. In a very close-distant future, HIGHUSDT (Highstreet) will trade at a price of $70.
Good morning my fellow Cryptocurrency trader, I hope you are having a wonderful weekend.
Highstreet is moving within a long-term accumulation channel, almost reaching the upper-boundary of this trading range. This channel has been active since May 2022 and is about to break.
The about to break prediction is easy to make. We just need to look at marketwide action, considering the Altcoins that are ahead. Those that moved first and trading really strong. Some of this are now at multi-year high, while others are hitting new All-Time Highs.
Trading Strategy 101 Simplified
➖ Buy and hold. We look for a pair that is good based on technical analysis and the market cycle and we buy and hold.
➖ Set your sell order on target. We have multiple levels on this chart. Right after buying, we have to set our sell orders. Say, 10% at 4.39, 20% at 10 (for 300%), 30% at 25 and 40% at 40. This is just one example.
➖ Collect profits. That is all. First we buy and then we hold. We can set up an alarm for when the pair moves or we can simply track it in whatever way that works for us. But this the best strategy ever because after you set it, you forget it; there is no stress nor anxiety involved.
➖ Summary: First we buy. Then we set the sell orders on target and hold. When the targets hit, we collect the profits and move on.
Trading Strategy 102 —Expanded
In order to reduce risk and maximize potential gains, we divide our capital into multiple trades. Rather than putting 100% into one pair/trade, we can do 20% into five pairs, or 10% into ten trades.
What you do will depend on your own trading style. What is your risk tolerance? How big is your capital? Are you trading daily, weekly, yearly or monthly? Would you like to see results after a few months or are you ready to wait several years?
These questions will define which strategy you use.
We have many different strategies because there are many of us.
We have to do our part... I do the charts and the numbers, I share the lessons, but you have to set it up based on your goals.
You are responsible for your own actions, we are all adults.
Not all trades can be won; and that's ok.
Some we lose. From the losing ones we make lessons out of our mistakes.
With these lessons we improve our game and do better next time.
There is no way to fail because the market offers endless opportunities.
If something goes wrong today, we can try again tomorrow and after-tomorrow and forevermore. There is no limit as to how many times you can keep on trying until you achieve your goals.
If you accept responsibility for your actions, you can improve every single day.
If you blame others for your mistakes, you can't never get ahead.
There are no successful traders ever who become the best by blaming others when something goes wrong.
We are happy when we win.
We are strong when we take a loss.
There is no time to cry.
Stand up and grow.
The time to take action is now.
We are reaching the end of 2024.
We are entering the strongest bull-market in the history of Cryptocurrency.
We know what is going to happen, we know how high prices will go.
Knowing this, how will you make the most of this information?
What would you do now, if you knew that the entire market is about to go up?
How would you position yourself to achieve your financial goals?
The simplest way is to buy and hold, but this can be expanded and improved.
The choice is yours.
Thanks a lot for your continued support.
Namaste.
