Prestige Traders

Crypto | Forex | Commodities | Indices📈
TA, FA, Order flow, macro economics
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[Prestige Traders @Pres_Traders]

I will look for a long on $LOOKS at the nearest bullish OB (and VAL)

[Prestige Traders @Pres_Traders]

@VolaDelta Hi VolaDelta could I have a beta access to your platform?

[Prestige Traders @Pres_Traders]

For $BTC moderately high amount of liquidaties took place in current 4H candle after the move above broken BSL and just above $19420. I'm looking for a short as when we reach VAH. I take the 2 swing highs (marked as BSL) into account due to another possible liq grab

[Prestige Traders @Pres_Traders]

@CurranSotomayor Great to read this indeed! Same thing happened to me too😃.

[Prestige Traders @Pres_Traders]

It didn't result in a complete macro bottom reversal but it did get followed by a temporary bounce to the upside at the time. I'm more willing to look for small longs and to eventually let such a trade roll out if it can be done. 2/2

[Prestige Traders @Pres_Traders]

Interesting to see this $BTC outflow: If I remembered correctly something comparable during the beginning of Russia-Ukraine conflict occured as well where wealthy Russians moved part of their capital into something that couldn't be freezed by a higher sovereign power. 1/2

[Prestige Traders @Pres_Traders]

Current state of $BTC: heavily correlated with the american indices, went for BSL and now I monitor the reactions at every bearish OB. The second chart shows our expectation

[Prestige Traders @Pres_Traders]

@ThinkingUSD @CryptoParadyme Partially makes sense as most cryptos are even more correlated to BTC now so forex adds more options. I'm laser focused on non-correlated bear market rallies and finding shorts (starting with a scalp and ideally rolling it out), like with $ATOM, $REEF and $RVN.

[Prestige Traders @Pres_Traders]

@_SMFX_ @LSDinmycoffee Literally a shitpost lmao

[Prestige Traders @Pres_Traders]

$APE gets liquidity from the upside: loads of shorters are stopped out at the upwards initiative. When an LTF MSB is made it's possibly interesting to go for a short. If not, then we can patiently wait until the next liq pool will be hunted.

[Prestige Traders @Pres_Traders]

Mentioned price level wasn't reached unfortunately as price dropped earlier. Now we see a large increase of breakout shorters throughout the drop and longs got stopped out as well as some very late shorters. For now I'll wait since early shorts get stopped out frequently w/ $REEF

[Prestige Traders @Pres_Traders]

Yesterday many shorts were stopped out on their $REEF trades, as well as breakout traders going for longs. Few candles after the huge initiative move that shows shorts getting stopped out as well, including the relatively large candle at the right side of this chart. 1/

[Prestige Traders @Pres_Traders]

Loads of SSL for $REEF. I have an alert at the pwVAH and mVAH avg (they are really close to each other). Especially when seeing a new load of shorts getting squeezed out it may be potentially interesting to go for a new short.

[Prestige Traders @Pres_Traders]

Last time I tweeted my exit at the $CHZ tweets instead of at this thread of tweets on $REEF (https://t.co/LxS9lvqIZG). Now I am looking at a new opportunity to go for another short. I'll tweet about a $REEF short opportunity with a new set of tweets.

[Prestige Traders @Pres_Traders]

Entered limit exit order at 0.004905 as less and less sell limits were present and in order to avoid a relatively large move against me. 0.278R in the pocket. As I was writing this tweet, that larger move against me just happened

[Prestige Traders @Pres_Traders]

$REEF has a comparable situation as the earlier described $EOS. I wait for $REEF after an MSB is made. Keep in mind that the increase of OI is a downside for this trade setup.

[Prestige Traders @Pres_Traders]

SL adjusted to slightly below entry as $BTC just made some small upside movements and $REEF correlated with BTC there. Worst case ~0R, but I'm still confident in that the trade can play out which is why I remain in the trade.

[Prestige Traders @Pres_Traders]

@TraderKalis @AlgodTrading And if the cow is traded outside of market times then you ought to be glad to finish break even :p

[Prestige Traders @Pres_Traders]

If $USDCHF doesn't appear to reverse on the LTF, then at the bearish OB is where I'll pay close attention to look whether a short opportunity will be present. For now I'll remain patient 2/2

[Prestige Traders @Pres_Traders]

For $USDCHF it can be quite interesting to look for a short. I want to see how price reacts at the daily level, as well as whether it wants to take the BSL to which it is relatively close to. 1/2

[Prestige Traders @Pres_Traders]

While $BTC moves correlated to SP500 and US100, shorters are getting squeezed out (notice OI changes in the large volume candles). Still quite some buy side liquidity above

[Prestige Traders @Pres_Traders]

Entered limit exit order at 0.004905 as less and less sell limits were present and in order to avoid a relatively large move against me. 0.278R in the pocket. As I was writing this tweet, that larger move against me just happened

[Prestige Traders @Pres_Traders]

$CHZ is in a strong uptrend, as opposed to the rest. I'll try to carefully look for a short reversal possibility on the LTF with the OB breaker as the first partial TP. For now I don't see the reversal yet so I'll remain patient. 1/2

[Prestige Traders @Pres_Traders]

The last remarkable amount of $CHZ liqs were mostly longs. When early shorts are getting liquidated again and after an MSB a short can become interesting. 2/2