Bitcoin Price Update.
No one is absolutely right all the time but the last update turned to be absolutely true ๐ฏ
We talked about LTF dip (likely support was AVWAP and green volume gap zone), we tapped it perfectly!
We talked about overall pump bias, we took upside liquidity on the pump and broke through $38k supply zone temporarily.
This is what being a trader is about, catching both sides of the market and taking profit at the correct levels.
"If you can't play the range, the market will play you"
#BTC
Don't get rekt at resistance.
Fail to flip 38k's after taking that double top liquidity and this will reject hard โ
For a swing short, wait for a SFP and candle close under that level ๐
No SFP no SHORT, as this can rocket to 39k 40k ๐
i
$BTC Trading Plan
No charts, no noise, simple 2 step process
Sell-side liquidity - $37,900
Buy-side liquidity - $36,650
Ladder buys below range mean, ladder sells above range mean until a decisive move
Bias - Higher as strength is still there
Your job as a trader is to wait for trading setups that meet the criteria of your trading plan.
Big money is made by sitting on your quality positions, not forcing trades out of impatience
Spend your time formulating a legit trading plan instead
Your biggest trading loss will come from a psychological slip up, not a technical one.
Traders put 99% of their time into their set ups and indicators.
This is like putting 99% of your attention in building the best formula 1 car in the world.
Then 1% into training the driver.
Your trading system is the car, you are the driver.
Show up hungry, under slept and stressed every day and you WILL crash.
I promise.
Traders at the highest level, tweak and improve their systems all the time.
But their main focus is minimising stress and optimising themselves for consistent execution.
This is a non negotiable starting point.
-7/8 Hours Sleep
-10 Minutes Meditation
-10 Minutes Exercise
-Hydrated
-Consistent Meals