$OP
Swing failed local highs, got back inside the weekly open = pull trigger (weekly open strat)
In trading its about having a plan for the levels at which you wish to interact.
If in doubt cut and wait for the probability to be in your favour - then step in.
#probabilities
Whenever you feel down in life, just remember, there are people here that think their ponzi alts will still hold up while dollar rallies and equities drop.
@ZkTsunami Question is, will we get a pull back from here when whales take profits? 🤔 If so, great opportunity, otherwise we all know what happens when you go in at ATH's.
With $BTC showing upward exhaustion, it lines up with the $DXY and $SPX macro.
It seems the dollar broke back above its uptrend which makes all assets macro bearish. As $SPX is testing macro downtrend, I expect it to break back inside.
#bitcoin#cryptocurrency#stocks
@SolidTradesz There is no bullish event that will have any significant impact on the traditional market bear we are clearly in, suggesting there will be one is pure delusion. Once DOW and other major markets capitulate, over for crypto for quite a while. Any bear rally up is great short opp..
With $BTC showing upward exhaustion, it lines up with the $DXY and $SPX macro.
It seems the dollar broke back above its uptrend which makes all assets macro bearish. As $SPX is testing macro downtrend, I expect it to break back inside.
#bitcoin#cryptocurrency#stocks
Lol...Bitboy makes fun of people that block him.... guess what..... He blocked me, he likes to dish shit out but he can't take it when people call him out... oh well 🤷♂️🤷♂️..He's like the Crypto Bully and tries to bully people, lol smh... sad
$BTC New diagonal trend line just dropped.
Last support before 23350 which I'm quite skeptical would hold.
In my opinion it either goes here, retakes 23850 and grinds up to $25K or we break down & go into the 22s. Doubt there is much of an inbetween here as a big move is due.
$BTC Breakdown, retest and continuation.
Swept the 23850 level with no immediate buyback. Bulls would want to trade back above 23850-23900 asap or we head to 23350 in my opinion.
4H 200MA also coming in at 23150 as we speak.
#BTC is at resistance, not at support as some moonboys claim.
$25.000 is also the EMA200 on the weekly which got rejected 3 times already in this week.
I personally expect a consolidation between EMA200 weekly and EMA200 daily. I think local top is in for now.
(1/7)
Genuinely though - are you honestly going to bag hold matic and round trip all the way back down?
Would love to know the mindset / thought process here ?
Looking at its market cap its performed well..
Top 3? no chance
Conclusion, of the published tweets.
1. BTC at weekly EMA200 resistance
2. Bearish divergence on daily
3. Nasdaq 100 fakeout
4. Most of liquidity at 20.8k
5. DXY breakout above MA50
6. 21k first --> up afterwards
Tweet number: (7/7)
Very techincal market out there, but its been a fab month for me - why ?
Banking profits consistently gives a psychological boost and provides a buffer to take on risk for the next trade.
No need to marry any positions, this isnt the environment.
In & Out <> Rinse & Repeat