$FTM $S Complete Trading Plan for Q4🧵
Thread 2/20 for the Altcoin Trading Plan Series
Covering:
- Levels to Buy
- Reasoning behind it
- My Targets
- FA + TA + Orderflow Analysis
JUST IN: 🇷🇺 Russian court fines Google $20 decillion, an amount that is greater than all wealth on earth.
$20,000,000,000,000,000,000,000,000,000,000,000,000
Bitcoin Market Update: What's Up With Uptober
Covered the following before US session:
- Volume Profile Levels Of Interest
- Important VWAP bands
- Trades You Can Take Now / Set Limits For
Likes/comments/feedback appreciated🤝
Link: https://t.co/rDPTiO1T8b
The next Dip will give a great opportunity to buy the utmost fear.
Lot of retail wiped out in the last Dump.
Remaining wiped in shorting the bottom.
One more dip and then in last week of October, we buy the bottom.
Altcoin Thread (10 coins: TA, Trades, FA, Targets):
- What's Strong
- What's Weak
- Your recommendations
OTHERS (altcoin mcap) is about to test the most important Bull/Bear level soon
Journal Summary: 9/12/24 (All my lessons and insights are covered here)
6 trades - 5 wins, 1 BE
- 2 $BTC shorts, one shown, and one on retest of dotted line (dVaL)
- 1 $XRP short, closed at BE when BTC was holding Daily Open as support
- 1 $BTC long on dVAL reclaim + fading US open dump
- 1 $POPCAT short
All posted for FREE on telegram.
Lessons learnt:
- Difficult to scalp with 3000 people watching every move. But posting set-ups live helps avoid sub-par trades
- Discipline is more important when scalping, I paid insane fees exiting and entering short on BTC. Avoiding flip-flopping is crucial. Strong opinions are needed unless data suggests otherwise
- Strong Opinions loosely held. I was late to the long because I was short-biased on the daily chart while trading the 1m. Be liquid.
PS: Sticking to $59k as my final long target for Bitcoin, post that, we will wait and see, Stops in profit and most of the position is closed.
Every Single Tutorial/Strategy I've Ever Made:🧵
- Indexed
- Video + Written Format
- Introduction & Purpose Included
(will continue to add to this over time)
Crypto Market Update
Altcoin Dominance retested the 78.6% fib level again.
The strength altcoins have shown in the latest correction and the bounce with relative low Open Interest pump is signs of sustained strength.
Very likely that selection altcoins continue to outperform Bitcoin both towards downside and upside moving forward. The parabolic altcoin phase of the cycle is close. Very close.
Few more liquidations and then we Bottom.