Plan the move, then execute. 3,5% move from entry. Expect 86-87k from here. Such moves are perfect for passing evals in just few hours.
bitcoin:native
https://t.co/9U193MzYRK
One of my favorite entry models:
Iβm looking for SFP + SMT, and ideally a 15s Market Cipher divergence for confirmation.
The win rate isnβt huge, but the RR can be massive. One clean setup is often enough to cover several failed entries.
This silver trade is a good example β nearly 25R.
The key is keeping the SL very tight and derisk ASAP.
ethereum:0x123ffe0a3c62878dcbee2742227dc8990058d9e1
Was that sell wall there to suppress the monthly close?
For the past week, BTC had a clear wall sitting in the order book, capping price and blocking further upside.
Now the big question:
was it there to keep the monthly candle from closing too high,
or were whales quietly absorbing BTC the whole time?
Because if a real retrace was coming, we probably shouldβve seen it already β and it shouldβve been much more aggressive.
My view:
early month pump β upper wick
mid-month pullback
month-end green close
bitcoin:native