long as fuck on $BTC spot + BTC calls + memes
BTC is holding above the 50-day moving average
either huge fake out like August 23rd, or we absolutely send post rate-cut
may god be on our side
long as fuck on $BTC spot + BTC calls + memes
BTC is holding above the 50-day moving average
either huge fake out like August 23rd, or we absolutely send post rate-cut
may god be on our side
We had a $54.5k retest, accumulation near $60k and strong momentum now.
I don't think this is a false breakout, we could revisit $62k and still be bullish.
Remember that Sept is historically the worst month for markets, but very bullish on Q4.
$BTC
I'm confident we'll see at least a retest of 53.5k, which will be a great buying opportunity if it holds.
I expect a range below 60k before any move up, similar to early July's range.
The plan worked out well.
Spot CVD has been incredibly bullish, while shorts have been piling in, exactly what you want to see for a short squeeze.
I'm not expecting any strong trends until Q4 due to seasonality,
Keep trading the range.
https://t.co/mWzn09o3M0
The 2 levels to watch now are $56.5k and $59.6k.
Flip $56.5k and a retest of $59.6k is very likely, flip $59.6k and the short squeeze will be gorgeous.
The longer we trade below $56.5k, the more likely it is that we go back to $53k.
https://t.co/HtupgMZXLu
The 2 levels to watch now are $56.5k and $59.6k.
Flip $56.5k and a retest of $59.6k is very likely, flip $59.6k and the short squeeze will be gorgeous.
The longer we trade below $56.5k, the more likely it is that we go back to $53k.
https://t.co/HtupgMZXLu
$BTC looks set to fill the inefficiency to 64k as long as we stay above $60750.
If price accepts below $60750, we'll probably run the $56.5k low.
Currently net long, but positioned for downside with limit orders at all main support levels and hedge shorts.
$BTC looks set to fill the inefficiency to 64k as long as we stay above $60750.
If price accepts below $60750, we'll probably run the $56.5k low.
Currently net long, but positioned for downside with limit orders at all main support levels and hedge shorts.
I'm pretty confident that we'll get a weekend pump so I'll be scalping it.
The market could still make lower lows today, but looks +EV to bid majors and alts for a bounce.
$SOL finally has a stronger LTF (1h chart) market structure than $BTC (bullish for alts and memes)
Stock market is closed today so it could be a trap.
I increased my upside exposure in memes, but still holding plenty of cash in case we see new local lows.