After what was an incredibly exciting week last week, things have started to cool off a bit on my favorite hunting grounds ahem GMT. That's not good news for a futures trader like me that likes to scalp. It is however good for the overall crypto market. 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 (again)!

Yesterday I said that BTC would soon decide it's projection. Currently it's retesting the support, but to be honest it's not looking good. The horizontal line I placed is the point of break and based on it's movement today, it's become a strong resistance. On the plus side, the purple area of value looks like it will be retesting in that area. If it does enter the purple area, we can expect a downward movement to 44.5k area and let's see from there.

My Trades Today

So I started small this morning and only traded a bit today. I did several futures trades today with the focus on GMT, but I did take a short on LUNA. These tokens are going down so the bias was to short it. I got my daily quota earnings so that was great.

Consistency is Key

As I start getting the consistent results, I will start to increase my daily quota. For now, I think being content with the small gains is best. Once the method is correct, the gains will follow.

Credits

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