Altcoins are on the verge of flying, so here's my guide to catching the big winners:
> How to spot the big winners.
> 6 strong Altcoin setups right now.
Read along in the comments!👇
@George1Trader If you had crypto at the time on FTX, they will pay back in USD value, priced at the time they went bankrupt. Meaning people will get only a fraction of the real value. FTX stealing from us twice.
$BTC HTF long-post analysis.
You may think you've missed out, you may think you've been left behind.
The reality is quite different.
When we're truly trending we're going to be cruising above these waves. This is all a warmup to the potential that we have.
Right now we're trading above that huge level of $31,000 and we're right at the top of the wave. You'll notice that we've tried to breakout before and failed.
Let's keep things simple here and introduce some facts:
We're at a point of resistance (we know this from a daily chart and not just this renko HTF picture)
We keep tapping that upside but are failing to break it currently.
We know that historically BTC likes to correct between 20 - 25% on bull market pullbacks. We've seen this on 4 occasions during the last run.
Correcting from here would be around 16% back to $31,000.
But, correcting from slightly higher, around $41,000 would bring us to a 25% correction point at $31,000.
This isn't really a call, it's just presenting those parameters that historically have been represented as good evidence for bull market pullbacks.
I know a lot of people have called for those $40k's and right now BTC isn't letting up at knocking at this resistance point (despite myself thinking it would.)
What can we take from this:
1. $31,000 is crucial, it could be the ultimate buying point from a whole range of charts and timeframes.
2. $31,000 is not unachievable, although there will be a feeling of invincibility in the market, that level is not within realms that we would deem unreachable.
2a. I can assure you that when/if BTC trades into $40,000+ the thought of going back to $31,000 will be laughable (ETF, bankers, wall st, bull run, new highs, etc) - we've been there and seen it all before.
3. Although historically this has been significant, who knows what the outcome is this time around.
4. The fun hasn't even really started if we flip the wave.
The next few weeks and maybe months will drive many changes in emotion and analysis. Try to keep things simple. Whatever the market throws at us, rally, rejection, news, remember how important $31k is. And that's really what this post is about, it's to show you that things look very good and to emphasize what I believe would be the most significant place and set of conditions to buy BTC to set you up for the next X months of uptrend.
Despite all of this analysis, nice confluence with pullback %s and significant levels, you have to be prepared to act, not just to trust and have blind faith in a level this purple frog mentioned a lot. Maybe it's achieved, maybe it's not, but I sure as hell know what I'll be doing if it is.
Remember that things are potentially still just warming up.
And most importantly remember to not fuck things up.
i tell you a trading edge.
it'll probably look something like "<x> tends to get mispriced when <y> happens because <z>"
ideally we have some causality we understand or strongly suspect
and some empirical evidence of this being the case, in the past, or in similar situations.
@ExitLiqCapital@Captain_Kole1@ghettoBTC No worries! If you have questions, send DM any time. By the way, always have some cash too for tipping or small buys. But use ATMs with a Bank name on it. The others are scams.
@ExitLiqCapital@Captain_Kole1@ghettoBTC Restaurants:
Bokamorra (pizza)
Bokeria Kitchen & Wine
Artičok
Corto Maltese
Pandora Greenbox (vegeterijanski)
Chops Grill (steak)
Popaj (fast food)
Emiliana (ice cream)
Kruščić (healthy bakery)
Nightlife:
Central
Boiler
Vanilla
Island of Love (small island just for clubbing)
$BTC
Some day trade plans if they setup.
Mid range lines up nicely with the x100 cluster.
Range lows is where all breakout traders from yesterday lose.
#PriceAction
The Standard Setup
Simple setup that you can easily use in any market. Takes the emphasis of using Ranges, Supply/Demand alongside what a three tap is
Small write up to cover:
- How to format ranges
- Demand/Supply
- Three tap importance
Lets get into it
We'll know if this move is real once we test the EMAs as support.
This is esentially what you want to see to discard the 2022 PA I just showed you.
If BTC comes back to the EMAs, but falls below them, then it'll be the same scenario as in 2022 with $48k...
$BTC
I have strong conviction that one of these swing levels will provide a decent rejection and short opportunity. I'll be watching PA develop once liquidity is ran and look for entry. I discuss "how I'd enter" in this week's video.. you can find it a few posts back on my feed.
There are a few ways you could turn me into a bear
1) Lose $18k
2) Show massive weakness at $32k
3) Make a new ATH and lose $60k after (Again)
Anything but those 3 and I'll remain bullish
@CryptoHornHairs Yeah so expectation would be that we push above $19.5k former support and flip it back.
Make a fresh high and then buy into the pullback with anything under $18k being an opportune price.
Ideal confluence with price making a higher low at the same time using the support flip.
Here it is for those of you who asked again - throwback to 2019!
'X0_Trading_Levels' - Includes monthly open levels.
From me to you - Enjoy
Its free!
Link to indicator below:
https://t.co/0jqXfUh4jE