Oxon Trading

Looking at charts all day, doing a PhD on the side. Bubble boy. Bear market enjooyer.

[Oxon Trading @OxonTrading]

So much bullish slop on my TL makes my bearish conviction on $BTC even stronger.

It has been a disappointing cycle for many but now is not the time to risk your capital on copium longs.

Patience will be rewarded, FOMO will be punished.

[Oxon Trading @OxonTrading]

@CJ900X I love bear posting but tbh I'm starting to think the ultimate low may only be around 53k or so.

50k might be this cycle's 12k.

https://t.co/Z2ygqmzFVg

[Oxon Trading @OxonTrading]

$BTC

This is why I'm not interested in trading until we hit 62.5k.

Sentiment is as bad as 2022 so ultimately I expect more chop in this range, potential deviation to low 50s, and recovery after.

[Oxon Trading @OxonTrading]

$SOL

Longed some here at 73.5, stops below 68 and I'm targeting ~85.

Still waiting for $BTC longs but $SOL looks good for longs already – very negative funding rates, swept major liquidity on monthly/weekly, and bullish divergences on LTF.

[Oxon Trading @OxonTrading]

@swingsonly yh I'm thinking the same, 69 then 62.5 then 75

[Oxon Trading @OxonTrading]

@Crypto_Chase exactly what happened in August 2022
https://t.co/Z2ygqmzFVg

[Oxon Trading @OxonTrading]

$BTC

This is why I'm not interested in trading until we hit 62.5k.

Sentiment is as bad as 2022 so ultimately I expect more chop in this range, potential deviation to low 50s, and recovery after.

[Oxon Trading @OxonTrading]

@ynnstch Yeah exactly.

I think we do more sideways action between 60 and 75 for a few months before capitulating down there and that will be all she wrote.

[Oxon Trading @OxonTrading]

$BTC

This is why I'm not interested in trading until we hit 62.5k.

Sentiment is as bad as 2022 so ultimately I expect more chop in this range, potential deviation to low 50s, and recovery after.

[Oxon Trading @OxonTrading]

Unpopular opinion but I reckon $MSTR bottom could be at around $100.

One more test of ~$100 and I think we’re good to go.

Timing-wise $BTC is on course for cycle lows in Q3 and recovery later in the year.

[Oxon Trading @OxonTrading]

@USronaldcarter no bounce until 62.5k gets hit

[Oxon Trading @OxonTrading]

$BTC

Alternatively, if we shit the bed here, I’d look to long 62.5k for a bounce back to 75k.

That would be the best RR play if we get it — liquidity to liquidity.

[Oxon Trading @OxonTrading]

@Architect9000 feels like 2022

[Oxon Trading @OxonTrading]

Unpopular opinion but I reckon $MSTR bottom could be at around $100.

One more test of ~$100 and I think we’re good to go.

Timing-wise $BTC is on course for cycle lows in Q3 and recovery later in the year.

[Oxon Trading @OxonTrading]

Unpopular opinion but I reckon $MSTR bottom could be at around $100.

One more test of ~$100 and I think we’re good to go.

Timing-wise $BTC is on course for cycle lows in Q3 and recovery later in the year.

[Oxon Trading @OxonTrading]

@CJ900X I think 62.5k is the level to bid for a bounce to 75k potentially.

[Oxon Trading @OxonTrading]

$BTC

Alternatively, if we shit the bed here, I’d look to long 62.5k for a bounce back to 75k.

That would be the best RR play if we get it — liquidity to liquidity.

[Oxon Trading @OxonTrading]

@Crypto_Chase My thinking is a sweep of that weekly low at 62.5k, bounce to 75k and then we can go sub 60k.

So if we get 62.5k I think that’s worth a punt with limit orders for a bounce.

[Oxon Trading @OxonTrading]

$BTC

Alternatively, if we shit the bed here, I’d look to long 62.5k for a bounce back to 75k.

That would be the best RR play if we get it — liquidity to liquidity.

[Oxon Trading @OxonTrading]

$BTC

Alternatively, if we shit the bed here, I’d look to long 62.5k for a bounce back to 75k.

That would be the best RR play if we get it — liquidity to liquidity.

[Oxon Trading @OxonTrading]

$BTC

Coming into weekly demand, I would look for a bounce once we take out 72k.

We’ve got the range highs and CME gap around 79k so I like that area as a target.

To the downside there is decent liquidity at 70k which may still come first.

[Oxon Trading @OxonTrading]

$BTC

Coming into weekly demand, I would look for a bounce once we take out 72k.

We’ve got the range highs and CME gap around 79k so I like that area as a target.

To the downside there is decent liquidity at 70k which may still come first.

[Oxon Trading @OxonTrading]

The next new moon 🌑 is on 16 May.

So I could see us run until then only to reverse and get an ugly monthly close in the end.

The classic tale of sell in May.

[Oxon Trading @OxonTrading]

$ETH

Took a little scalp - Tuesday low taken out while there is some nice liquidity above 2423.

[Oxon Trading @OxonTrading]

@blancxbt i’m long

[Oxon Trading @OxonTrading]

$ETH

Took a little scalp - Tuesday low taken out while there is some nice liquidity above 2423.

[Oxon Trading @OxonTrading]

$Fartcoin

We are so back.

Sat out weeks of chop and we start moving on the day I get back in the market.

[Oxon Trading @OxonTrading]

solana:9BB6NFEcjBCtnNLFko2FqVQBq8HHM13kCyYcdQbgpump

Honestly looks good for a bit of upside/relief.

Still down 92% from ATH but now forming a nice accumulation base while reclaiming some moving averages on the weekly.

45 cents seem doable, 75 cents eventually too.

[Oxon Trading @OxonTrading]

@swingsonly I've been out of the market for a few weeks but looked at some charts today and loaded up on $fartcoin.

I could see a similar level of euphoria around 88k as we saw at 48k last cycle just before everything collapsed.

Percentage-wise we're on par with last cycle so far.

[Oxon Trading @OxonTrading]

$BTC

Imagine getting 90k before 30k.

[Oxon Trading @OxonTrading]

@ExitLiqCapital I think I'd blindly short 87-90k or if we reject back below 79k.

I'd rather be a bit late than too early on this one, alts look quite good imo - could get a decent pump on them first and then short everything later.

https://t.co/oz4iaQUy86

[Oxon Trading @OxonTrading]

$BTC

Imagine getting 90k before 30k.

[Oxon Trading @OxonTrading]

@btc_charlie Saw the same thing in the morning on $Fartcoin.

Think we can easily get 90k on $BTC, alts moon and then we pull the rug on everything.

https://t.co/2fnq4iZlvc

[Oxon Trading @OxonTrading]

solana:9BB6NFEcjBCtnNLFko2FqVQBq8HHM13kCyYcdQbgpump

Honestly looks good for a bit of upside/relief.

Still down 92% from ATH but now forming a nice accumulation base while reclaiming some moving averages on the weekly.

45 cents seem doable, 75 cents eventually too.