JLcharts

Crypto trader | Sharing wins, losses & charts | NFA

[JLcharts @JLcharts]

$ETH closed out here aswell at breakeven. Looks like it wants to go higher first…

[JLcharts @JLcharts]

$ETH update

Short is running close to 2R. If we get acceptance below Range-mid, where we currently are, then the lows are next. Added slightly here.

[JLcharts @JLcharts]

$SOL closed put here in small gain around +0.2R

[JLcharts @JLcharts]

$SOL update

Not the most beautiful trade I took😅

Anyways we are running in profits now. Still favouring the downside and therefore letting the position run.

[JLcharts @JLcharts]

$JUP exit here. -0.5R

[JLcharts @JLcharts]

$JUP short

Just opened shorts here. If this is the entry I think it is, we could see another very juicy short with upwards 5RR+.

TP1 is marked in the chart. Personally I won't realise anything there and just move SLE. Final target is not identified yet, but this could drop hard.

[JLcharts @JLcharts]

@Kiku1trades Killer bro

[JLcharts @JLcharts]

$JUP short

Just opened shorts here. If this is the entry I think it is, we could see another very juicy short with upwards 5RR+.

TP1 is marked in the chart. Personally I won't realise anything there and just move SLE. Final target is not identified yet, but this could drop hard.

[JLcharts @JLcharts]

@Kiku1trades thanks man

[JLcharts @JLcharts]

$ETH update

Short is running close to 2R. If we get acceptance below Range-mid, where we currently are, then the lows are next. Added slightly here.

[JLcharts @JLcharts]

$ETH short setup

Just shorted range highs here.

[JLcharts @JLcharts]

$SPX update

This one definitely is one of the best positions I ever took. Lovely entry and the trade is looking very good.

This position has my stock portfolio on it's back and the reason why my portfolio is at ATHs despite all the uncertainty around the globe.
----

We just lost the 200 weekly EMA. You know that they say: You don't see real selling before this EMA is lost. Well, we just did...

Excited to see what happens next. HOLD⏳

[JLcharts @JLcharts]

$SPX update

Very glad we took this hedge short — it did exactly what it was supposed to do.
It covered most of the drawdown in my equity portfolio, which is still sitting near ATHs.

The index has now taken out a key low.
Everything depends on how price reacts here.

A quick reclaim + positive developments on the geopolitical side would shift my bias back to the upside.

For now, I’m not expecting that.
The global situation still looks fragile, and downside continuation seems more likely.

I’ll keep the short fully open as insurance. Take care and buckle up.

[JLcharts @JLcharts]

$BTC update

Bitcoin is currently down around 10% from our average entry. Also letting this one run.

[JLcharts @JLcharts]

$BTC update

I remain bearish — if anything, even more than before.
I expect new lows in the near term.
As mentioned in my previous post, I’ve been layering into shorts between $71.5k and $76.4k.
So far, 3/4 entries have been filled, with an average around $73.2k (~60% position size).

The final and most ideal entry at $76.4k is still open, although I don’t expect price to revisit that level anytime soon.
If it does, I’ll gladly scale into a full position.

For now, I don’t see a meaningful rally —
downside continuation remains my base case.

[JLcharts @JLcharts]

$SOL update

Not the most beautiful trade I took😅

Anyways we are running in profits now. Still favouring the downside and therefore letting the position run.

[JLcharts @JLcharts]

$SOL short setup:

If you want to buy solana, you may want to consider waiting for $50…

Currently I‘m short in BTC, SOL, ETH with some more altcoin plays - let‘s see

[JLcharts @JLcharts]

$BTC sl hit

Looking back to it, I should have sat on my hands without new positions.

[JLcharts @JLcharts]

$BTC longed here as Insurance against my two running shorts.

[JLcharts @JLcharts]

$BTC longed here as Insurance against my two running shorts.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Iran issues a statement DENYING President Trump's post which claimed the US and Iran have had "productive conversations" to end the Iran War:

Iran says:

1. "There has been no indirect or direct contact with President Trump"

2. President Trump is trying to "buy time" in the Iran War

3. President Trump "withdrew" from power plant strikes after Iran's "firm warning"

4. President Trump's comments are "psychological warfare"

5. "Hormuz will not return to pre-war conditions as long as psychological warfare continues"

Iran has entirely denied all of President Trump's claims.

[JLcharts @JLcharts]

$ETH short setup

Just shorted range highs here.

[JLcharts @JLcharts]

$ETH

Ethereum is moving range-bounded.
A flip of range mid would lead to continuation to the other range extreme (further downside - chart is inverted)

[JLcharts @JLcharts]

Bruh Trump is taking it too far now. He just said USA is in productive talks with Iran. 15min later, Iran denied it and said there were no talks.

Markets reacted like crazy on Trumps announcement but it‘s fake news.

[JLcharts @JLcharts]

$ETH

Ethereum is moving range-bounded.
A flip of range mid would lead to continuation to the other range extreme (further downside - chart is inverted)

[JLcharts @JLcharts]

$SOL short setup:

If you want to buy solana, you may want to consider waiting for $50…

Currently I‘m short in BTC, SOL, ETH with some more altcoin plays - let‘s see

[JLcharts @JLcharts]

$BTC update

I remain bearish — if anything, even more than before.
I expect new lows in the near term.
As mentioned in my previous post, I’ve been layering into shorts between $71.5k and $76.4k.
So far, 3/4 entries have been filled, with an average around $73.2k (~60% position size).

The final and most ideal entry at $76.4k is still open, although I don’t expect price to revisit that level anytime soon.
If it does, I’ll gladly scale into a full position.

For now, I don’t see a meaningful rally —
downside continuation remains my base case.

[JLcharts @JLcharts]

$BTC

$71’500 seems like a good level to short.

I‘ll start selling there with bids layeres up to ideal entry at $76‘400.

[JLcharts @JLcharts]

$SPX update

Very glad we took this hedge short — it did exactly what it was supposed to do.
It covered most of the drawdown in my equity portfolio, which is still sitting near ATHs.

The index has now taken out a key low.
Everything depends on how price reacts here.

A quick reclaim + positive developments on the geopolitical side would shift my bias back to the upside.

For now, I’m not expecting that.
The global situation still looks fragile, and downside continuation seems more likely.

I’ll keep the short fully open as insurance. Take care and buckle up.

[JLcharts @JLcharts]

$SPX

Trying my first-ever short on the index here at $6’820.

This is an asset I don’t usually like to short for obvious reasons. Still, I see a chance for a larger pullback (>10%).

I went with low risk and a stop-loss around $7’170. Will share the chart this evening – patience will definitely be needed.