What Happened Today in Crypto & What to Watch Next
Hey everyone, hope trading has been treating you well!
Let’s take a quick look at how things played out before we focus on what’s next.
Starting with $KERNEL — this one worked out nicely. Almost reached a 1:3 setup. I suggested taking 50% off and trailing the stop loss, and that’s exactly what happened. The stop got hit later, but by then profits were already secured. That’s the whole point of managing risk properly — protect gains and stay in control.
$BTC reached the first target around $69,100 and is now hovering close to $68,000. It’s been rejected twice from the same resistance zone. If we see a clean breakout above $69K on the next attempt, there’s a strong chance it moves toward $72K. Otherwise, RSI is hinting at a possible short-term bounce or relief move.
$ONT has been a strong performer — broke above $0.124 and kept pushing. The long position is still running, with over 3300% gains already secured. That’s a solid move.
On the other side, $SIREN dropped below $0.30 and the downside move played out completely.
$RIVER is currently around $15. Stop loss is at entry, so no risk on the trade right now. Watching closely for another potential long from support — will share when the setup looks clean.
That’s pretty much my approach — nothing fancy, just sticking to risk management and letting it guide the trades.
If you want to stay updated or discuss setups, make sure to join the chatroom. It really helps to exchange ideas and learn together.
Curious to hear your thoughts — what’s your view on the market today?
#CryptoTrading #BitcoinAnalysis #AltcoinGains #TradingStrategy