This setup saved me millions. Learn it. Apply it.
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I have saved myself and GTG Millions in downside risk using this strategy alone all cycle.
Here is a really simple way to identify a change in structure and trend. In this case from bullish to bearish. Best practice for this is high time frame charts: weekly or monthly.
1. Accumulation occurs (usually a bear market on a high time frame chart).
2. Once we leave accumulation: we have a change of structure from consolidation (bear market) into a breakout bull market. Look for longs.
How to identify this? Either look for a higher high or higher low (having both is ideal) for a shift in structure to the upside.
3. Now throughout that breakout Support for that macro trend is this red line.
Some non-negotiables:
- As long as you stay above that red line = bullish
- We call bounces along that red line = support
- As soon as you close below it = bearish
If you can't break back above the red line after falling below = change in structure to the downside (bullish to bearish). Look for shorts.
How to identify t
Took the Abstract Global Wallet for a spin on XP Day and it finally clicked. Smart contract account in under a minute, no seed anxiety, and tipping creators in $ABSTER felt native. Hopped into a community game night on @AbstractChain and the whole flow was… consumer. Social, streaming, points, all stitched together, zkStack + Celestia under the hood
You see why millions onboarded through it last year and why KR KOLs rank it top. If you’re new: install, claim #XP, try a tip, add LP for $ABSTER, watch the onchain feed light up. Old wallet friction vs this is night and day. What did you try first
#onchain #L2
@AbstractChain https://t.co/91SyUg3tnl
People often ask how I get such high XP and hit Obsidian Tier on @AbstractChain. It is actually really simple and I don't spend much time, if at all, grinding.
1 of the main component is probably my memecoins holdings. Here's how I did it:
Active onchain activities since first day of chain going live 1 year ago, almost daily activities since.
I bought and held most of these currently still active memes since the first day of their respective launches and still holding a majority of each bags even now: $abster, $big, $polly, $gooner, $abx, $retsba, $god, $cyclops, $bandit, $kino, $pst, $invest.
The list would have been longer but many have since been abandoned or rugged over time.
Even rode from a capital of $3k to a unrealized profit of over $900k on my AGW; which is back down to $90k rn.
Some smaller things that probably helped as well:
- Collect most badges that exists (still no Threador and Clipper and maybe 1 or 2 more though).
- Some interactions on Portal and various dApps a few times weekly.
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