DayTradeIt

Crypto enthusiast // Aspiring business owner // Climber

[DayTradeIt @dayTradeIt]

@LinkedIn Paid Premium user:
My account got locked for no reason. I sent 3 direct messages on a business matter.
I've uploaded my ID and verified my identity.
Still locked.
How can we unlock it? I did nothing wrong.

[DayTradeIt @dayTradeIt]

@NickDoesFutures Love it - 1% better is a great strategy!
You are indeed your own worst enemy. And only in trading do you get to see it so clearly.

The upside is:
Once mastered, mental discipline spreads to other areas of your life too. Pays off tenfold

[DayTradeIt @dayTradeIt]

@TradingInTheNow I can relate so much... Year 7 is when it finally started to line up - somewhat - for me. If there were a prize for stubbornly repeating the same mistakes, I would probably win it
Going through the struggle? It'll be worth it in the end

[Tom @t0mbfx]

Trading is the only career where you can fail for YEARS and still make it

I was unprofitable from 2020-2024

Worked at Tesco the whole time

My mates were doing well in their careers while I was stacking shelves

But I kept working on my trading

In the last 2 years I’ve done $500k+ in prop firm payouts while most of them are working jobs they hate

Just keep going bro

[DayTradeIt @dayTradeIt]

Found a spot to wait for the next trade //

#Bitcoin #Trading

[DayTradeIt @dayTradeIt]

Most likely scenario now:
For a new ATH to come, it must be relatively quick (not much space between us now and the main trendline).
So: max consolidation time is approximately until the end of the year

#Bitcoin #Trading #CryptoTrading

[DayTradeIt @dayTradeIt]

Ok was it scary yesterday? Yes, but not as scary as the Covid drop to ~3.7k back in 2020.

What's next ? This 9-year trendline should give us enough support for a bounce into new ATH now:
Elliott wave 5 of this cycle.

#Bitcoin #trading #CryptoTrading

[DayTradeIt @dayTradeIt]

Bollinger Bands on 1-month, log scale suggest this wasn't the top
It's too flat, below BB upper line, lacking strength and volume.

When ATH for this top happens, we should see a different picture.
I assume a continuation higher eventually
#bitcoin #trading

[DayTradeIt @dayTradeIt]

Looking on 3-month, log scale:
Multiple options for trendline 2, so possible bottom is 79k, 72k, or 64k.
After that, another ATH is likely IMHO.

For now, we just a need a good bearish retest to go down further.

#Bitcoin #Cryptocurrency #Trading

[DayTradeIt @dayTradeIt]

@IAmLifeSkills Coach, your voice kept me going through the toughest moments of my life. I still listed to it daily, and the impression never fades. I just wanted to say: Thank you! A lot of people on YT are still hoping to see your next videos.

[DayTradeIt @dayTradeIt]

3-month shows us:
- clear 1/2/3 Elliott waves
- same trendline supported us 3 times (not sustainable)
Looks like a drop to min ~71k is coming next. This push to 120k's is likely just a wick on 3m

#bitcoin #cryptocurrency #trading

[DayTradeIt @dayTradeIt]

Looks like we finally got the confirmation for this top:
- Clear 1/2/3 subwaves on the daily
- Weekly showing familiar SFP pattern
- Wait until today/tomorrow close, and then bring it down to 80k's ... ?

#bitcoin #Cryptocurency #trading

[DayTradeIt @dayTradeIt]

Going against the grain on this one ...
Still think 47-49k is possible.
Sharp spikes like this one to 89k resemble Elliott 5 too much

[DayTradeIt @dayTradeIt]

@CredibleCrypto I think your plan is still in the cards. Liquidity hunt just pushed us much higher than we thought.
Let's see if now we'll go get the liquidity down below

[DayTradeIt @dayTradeIt]

#Btc seems to be painting a clear picture...
I believe 59.3k won't hold, so continuation to 54.9k and potentially lower is in the cards

#Crypto #CryptoTrading

[DayTradeIt @dayTradeIt]

@EmperorBTC How do you split your funds the best way? Meaning:
What % of your funds do you use for scalps? While the rest is sitting in the spot waiting / swing spot trade
TIA!

[DayTradeIt @dayTradeIt]

@EmperorBTC Thanks for the guidance throughout the journey Emperor!
Not sure if you have time for comments, but still a quick question:
Approximately what % of your portfolio do you use for scalps?
I guess it depends on each individual trade?

[DayTradeIt @dayTradeIt]

@CredibleCrypto Elliot wave-side of things considered, looks like 46k-49k is possible. What do you think?

Would be a sweet deal, but I can only guess how much retail will panic then..

[DayTradeIt @dayTradeIt]

@EmperorBTC VPVR seems to be getting thinner below 59.3k and especially 56.5k...
Might be potentially a dip below 50k finally?

[DayTradeIt @dayTradeIt]

@BullyDCrypto @TheCryptoNexus Quick question: how often do you scan orderbooks for entries? like on that 60.2k long