How I am Trading The Crypto Bull Market
StatsEdgePro
Welcome to another Monday breakdown where we dive into crypto and Forex markets. Crypto is dominating the spotlight right now, so let’s focus there while the momentum is hot. Forex is still on the radar, but I go where the action is—and that’s crypto for now.
My Crypto Strategy: Keep It Simple
I’m systematically targeting coins approaching key levels like anchored VWAP from all-time highs. It’s a straightforward approach: when price breaks through these anchored VWAP levels, I enter, and if it fails, I exit.
Here are some highlights:
Solana (SOL): A clean break of its anchored VWAP led to a great move.
Dogecoin (DOGE): Similar breakout and follow-through.
Ripple (XRP): A textbook rocket ship after clearing its VWAP.
One I’m currently in is Decentraland (MANA)—bought at $0.45 after breaking a key VWAP. If it clears $1.80, it could double or more. I’ve set stops and am managing risk tightly.
Bitcoin and Ethereum
Bitcoin (BTC): Hovering around $100,000. It’s constructive to see it consolidating instead of shooting up and crashing. I’ve sold most of my trading position but will consider re-entering on a strong breakout.
Ethereum (ETH): Still lagging, but if it clears $4,000, it may kick off a move in smaller altcoins. Watching ETH/BTC closely as Ethereum shows signs of catching up to Bitcoin.
A Quick Take on Forex
Forex remains more mean-reversion-focused compared to crypto's trend-following nature:
Gold (XAU): Watching for a bounce off key support near $6,500.
Silver (XAG): Could short if it breaks below $30.
EUR/USD: At major support; looking for a reversal.
USD/JPY: Holding a short position, trailing stops tightly as Japan's central bank aims to weaken the yen.
Why You Should Care About Crypto (Even If You Don’t)
The U.S. recently approved a 24-hour trading exchange for stocks. A 24/7 market is coming, so now’s the time to get comfortable with that rhythm. Crypto is the best way to practice: no pattern day trading rules and minimal capital requirements. Start small and experiment—this is the future of trading.
That’s it for today. The key is to set alerts, manage risk, and trade what’s moving. Crypto’s in play now, but markets shift—stay flexible.
Let’s crush this week!