The Wolf Den #19 - Chart Requests For Paid Members
thewolfden.substack.com
Hi everyone! I have spent about 6 hours the past two days looking at these - it's becoming a bit overwhelming! A lot of you requested charts last week, which are likely irrelevant at this point, or you are not particularly interested in them since they were requested many days ago. Moving forward, I will only accept requests on Wednesdays, between 8 AM and 1 PM EST. That will make sure that they are your most pressing requests. Please mark it in your calendar and email me by responding to the previous email.Some of these were analyzed on Wednesday, so that I could get through them all. When you click the link, just hit the play button to advance the chart. It is likely that some have already changed, but I only have so many hours in the day to get these out.XSN, OCE/VET and BOLT were not in TradingviewA general note - whenever I draw a line on a chart, it should be viewed as elastic and not static. It is more of a zone. So the areas around those lines are usually more accurate. Further, I try to use multiple techniques and indicators on various charts, so if you are learning TA, you should read through all of these to see how I blindly look at a chart.If you are a new member, please refer to Issue 10 (you can click on it here - https://www.getrevue.co/profile/TheWolfDen and have it sent to you) for instructions on how to make my charts your own.A note on portfolio and risk. Part of good risk management is knowing when the market is risk-on and when it is risk-off. Risk-on means that it's worth taking on more risk and trading more aggressively, which is what I am doing now. I am presently 40% in alt coins, a large increase from my normal 15%. This has happened because I scaled into the majors weeks ago when they were all breaking their long term down trends. I have seen no reason to exit. We discussed this numerous times. I have moved those (ETH, EOS, LTC) to my longer term holdings, allowing me to move more BTC to trade. I am also fully deployed in Bitcoin from my cash, so that part of the portfolio (normally 15%) has shrunk. This allows more BTC to trade alts.
The Wolf Den #19 - Chart Requests For Paid Members
The Wolf Den #19 - Chart Requests For Paid…
The Wolf Den #19 - Chart Requests For Paid Members
Hi everyone! I have spent about 6 hours the past two days looking at these - it's becoming a bit overwhelming! A lot of you requested charts last week, which are likely irrelevant at this point, or you are not particularly interested in them since they were requested many days ago. Moving forward, I will only accept requests on Wednesdays, between 8 AM and 1 PM EST. That will make sure that they are your most pressing requests. Please mark it in your calendar and email me by responding to the previous email.Some of these were analyzed on Wednesday, so that I could get through them all. When you click the link, just hit the play button to advance the chart. It is likely that some have already changed, but I only have so many hours in the day to get these out.XSN, OCE/VET and BOLT were not in TradingviewA general note - whenever I draw a line on a chart, it should be viewed as elastic and not static. It is more of a zone. So the areas around those lines are usually more accurate. Further, I try to use multiple techniques and indicators on various charts, so if you are learning TA, you should read through all of these to see how I blindly look at a chart.If you are a new member, please refer to Issue 10 (you can click on it here - https://www.getrevue.co/profile/TheWolfDen and have it sent to you) for instructions on how to make my charts your own.A note on portfolio and risk. Part of good risk management is knowing when the market is risk-on and when it is risk-off. Risk-on means that it's worth taking on more risk and trading more aggressively, which is what I am doing now. I am presently 40% in alt coins, a large increase from my normal 15%. This has happened because I scaled into the majors weeks ago when they were all breaking their long term down trends. I have seen no reason to exit. We discussed this numerous times. I have moved those (ETH, EOS, LTC) to my longer term holdings, allowing me to move more BTC to trade. I am also fully deployed in Bitcoin from my cash, so that part of the portfolio (normally 15%) has shrunk. This allows more BTC to trade alts.