Kinta

[Kinta @Kinta_91]

@XForceGlobal Nice, can't wait for other picks and updates! 👍👍👍

[Kinta @Kinta_91]

@sussoutthetiger @astronomer_zero The reversal starts before the FOMC meeting and can continue.

[Astronomer @astronomer_zero]

$btc - FOMC reversal

Why we countertrend shorted above 66k - confluence 1

Alright, as promised, after sharing the entry which is already 3 hours ago, I would share one by one why I am considering this countertrend short after hitting our major major target, 66k.

In the post itself, I have given all reasons, but I promised to lay them out with the respective charts, one by one.

Not something I can share in one post, since, as many of you know, my trades aren't just based on one chart or idea, they are a full construct and detailed plan of a lot of strong confluences to get to the full idea, the golden standard before even considering entering the market, especially on a countertrend trade.

Here is one of them, it's the FOMC reversal. As many of you may already know, and as I am also known for, for sharing this analysis in the past many times.

In fact, almost every time, days before FOMC comes around, I shared this analysis, with the announcement of "FOMC is happening IMO", or, on the rare occasion "we may see FOMC continuation this time, as shared in October/November 2024.

Why days before?

Because the market tends to reverse before the FOMC meeting, not during or after.

Like clockwork, where the masses anticipate a "large move" after the meeting, exit their trades (at the worst times), to "stay safe", the market has already reversed.

That's the FOMC reversal in a nutshell. It works with 90%+ accuracy, and with another meeting coming up on the 29th of July, we have another FOMC reversal idea coming up, of price reversing the uptrend back down.

For how much of a move and how long you ask? That's an analysis for another time, and just using this analysis for that, the targets, is not sufficient.

And that brings us back full circle, as to why I never base my trades off of just one analysis. FOMC reversal is a direction and a mild onset of an entry idea, not a target, not a full trade framework.

But it's strong confluence to a rather great swing of direction, one that almost always makes you money.

And as a full time trader, that's all that matters, in my world.

[Kinta @Kinta_91]

@astronomer_zero How much do you have left holding? I got out of the trade too early but thanks for this good trade anyway!
Thinking of jumping back in, these poor lows you are aiming for are from early July right?

[Kinta @Kinta_91]

@astronomer_zero How much do you have left holding? I got out of the trade too early but thanks for the trade anyway!
Thinking of jumping back in, these poor lows you are aiming for are from early July right?

[Kinta @Kinta_91]

@blockchainbob Doesn't even work xD

[Kinta @Kinta_91]

@XForceGlobal 👍👍👍

[Kinta @Kinta_91]

@astronomer_zero Great trade man!

[Kinta @Kinta_91]

@XForceGlobal Let's goo 🚀🚀🚀

[Kinta @Kinta_91]

@ProfessaSniffa @astronomer_zero I have the same problem on hyperliquid until I reach a certain volume.
But you could use coins that move very similar to btc?

[Kinta @Kinta_91]

@astronomer_zero Long next? 😏

[Kinta @Kinta_91]

@astronomer_zero We are longing from the local inefficiency right?

[Kinta @Kinta_91]

@puckrin And Taxing them worked before after the second world war.

[Kinta @Kinta_91]

@puckrin It depends on how you design it, they can implement exit tax, citizenship based tax where you even have to pay when you live somewhere else (see Australia).
If you not dealing with the wealth inequality the ultra rich will just accumulate everything and collapse society.

[Kinta @Kinta_91]

@XForceGlobal 👍👍👍

[Kinta @Kinta_91]

@louisraskin When is the full video actually dropping?

[Kinta @Kinta_91]

@XForceGlobal Lets GOOO!!!
Like it people!
https://t.co/GcVQ9xPley

[XForceGlobal @XForceGlobal]

$TSLA

#TSLA is still trading right around the same level where I sold back in 2021.

There may be some juice left in the tank, but I still think the inevitable happens: we will see $TSLA trading below $100.

For context, I bought $TSLA at an average of $8 and sold at $1,200.

[Kinta @Kinta_91]

@XForceGlobal 🤑🤑🤑

[Kinta @Kinta_91]

@XForceGlobal 👍👍👍

[Kinta @Kinta_91]

@astronomer_zero Nice! How much will you take off at 66k? Leaving 10% runners for each both longs?

[Kinta @Kinta_91]

@astronomer_zero I did not trim because I had a higher entry then you and would have had to trim 65% off my position to be risk free.
So I'm now just holding for higher, but last time this exact same thought has cost me because it hit a SL.
Also any tips for small accounts around $1000?