"The worst liquidations have always come right after a false sense of confidence was created."
"Easy mode, people are eager to buy high-risk, low-tier assets"
Big players are very clear about making stablecoins (USDC in particular) the next big thing. Visa, PayPal, trump admin, are all getting in on it.
In the next bear wave, companies I'll be looking at - listed by preference:
1) $CRCL
2) $PYPL
3) $COIN
$BTC
And there it is. 🤟
$64.5K achieved, with a perfectly executed roadmap
I said the first pullback would be where everyone started calling for sub-$60K and fresh bear market lows.
And that's exactly what happened.
Meanwhile, all BTC was doing was what every developing uptrend eventually has to do.
Form a higher low on its daily chart.
Nothing more. Nothing less.
Now we've achieved our initial $64.5K target and seen the short squeeze begin to unfold.
The next level that matters for this continuation move is $64.8K.
If BTC can close above that pivot, we'd invalidate the 4H lower-high structure for the first time since the $83K top.
At that point, I think $67K becomes the obvious next destination, which is also the invalidation of the daily lower high structure.
Daily candle looks strong - indeed and reclaimed back above an intermediate prev s/r pivot.
The high probability next immediate pivot is 65 595 though right here - as a day trader I can look for an intermediate scalp short - this also being the reason why I posted that on my plan -
Just a LTF before I can reload my longs for the mtf/htf side
LTF I will book my loss for today, total -1.8% after I made 2.2% on the shorts and being front run on the longs.
And here we go, market showed the way.
bitcoin:native
Key levels into the week; Potential daily supply in grey watching for a rejection and a break back into forming range
Mondays low/EQ Lows below so If i get the right development ill look for shorts and flip long below
Took 2 losses -1% here on $BTC and $ETH.
Partially booked from shorts, net positive + 1.6%..
Didn't expected to pull this v shape without a tap of 60.8k area
Looks like strength-wise $ETH it's leading at the moment and potential SMT at the pWH Raid.
#CrudeOil / $USOIL
5-wave decline into 66-67 looks complete. Wave 3 done.
Expecting a wave 4 bounce back toward 78 before the next leg lower.
Long bias while 66.49 holds. Lose it and this count is wrong.
Not SEBI registered. DYOR.
$DEFI TECHNOLOGIES cycle composite weekly (long terme)
Achète ce bottom et réalise un X20/30 lors du prochain cycle, ce n'est pas un conseil en investissement, c'est analyser le passé et se projeter sur le prochain cycle.
$UPS
Setting up in a massive weekly base
Industrials and transportation stocks are setting up for higher in the coming weeks..
Moving averages coiled and volume drying up
Trade idea: Break over 111.06, 120c Aug 21--to target: $113.5, $115, $120+
You like Ferrari? 🏎️
You might want to take a look at $RACE.
6-month Stage 1 base. Reclaimed the 200-day SMA. Knocking on breakout levels.
Meanwhile, EPS is expected to nearly double by 2028.
Premium brand. Elite margins. Scarcity. Pricing power.
Quite the compounder.
$ABNB
Massive 5 year IPO base forming
Monthly moving averages getting incredibly coiled as volume dries off
Not a ton of eyes on this and the travel sector has been heating up recently
Could be setting up for a monster move over 150.2
Pretty clear setup I am watching for on $BTC.
3 nPOC prints within local range. Looking for a drop to close out $61,916 and then a bounce towards range highs around $64,316 and $65,683.
#Bitcoin
If you wanna long $PUMP
At least wait for something like this
EV- longing an alt in a HTF downtrend
EV+ longing that alt once it has broken structure to the upside after consolidating at the lows
$BTC Sunday update:
It seems that I'm getting the flow back in Bitcoin and our projection is going well so far 1 month later.
I'm mostly interested in the mid-range as a main target since it'll be a strong resistance for a TP.
This is what I expect from this week:
🧵↓(1/5)
$BTC
It's that time...
Watch how price develops into Monday. If Monday forms a pivot high, it suggests Wednesday is likely to form a pivot low. Conversely, if Monday forms a pivot low, it suggests Wednesday is likely to form a pivot high.
The Wednesday pivot typically drives price into Thursday.
This intra-week correlation has now played out 9/10 times.