IJLTrading

Crypto | Investing | Trading

[TraderJLM @TraderJLM]

$BTC Game plan for the coming weeks

Reclaim range low and trade it to the mid range / range high

If we can't reclaim the range low then we look to trade it lower.

#BTC #Bitcoin

[TraderJLM @TraderJLM]

Looking for a long on $BTC

Many things are lining up
- Swept HTF lows
- Filled daily FVG,
- Swept and reclaimed LTF range low
- Swept and reclaimed Monday's low
- Clean Wyckoff scheme 1 formed
- Trendline break

We want to see a strong reaction on the range low & 0.382 fib.

[IJLTrading @ITillaar]

People are stressing and retail money is flowing out. Good times!

The only thing that I say is 'study the previous cycles.' Thank me later.

[TraderSZ @trader1sz]

$BTC ideal scenario

[TraderJLM @TraderJLM]

$BTC game plan for the next weeks.

We wanna see it take out the monthly range low + EQL and then we have to wait to let price decide if its going to reclaim or lose the range lows.

#Bitcoin #BTC

[IJLTrading @ITillaar]

Halving day!

[Motif @TraderMotif]

When the market dumps in this nature, there are usually 2 things that the majority think will happen next.

1. Continues trending lower

2. V reversal straight back up

The third scenario however is what majority don't think about or perhaps they don't want to accept it and that is chop.

Chop causes more emotional pain for noobs than any other PA. At least with a large dump it's over with pretty quickly. Chop however can last for weeks/months.

Every move higher gives a feeling of euphoria. Every move lower is depressing. You buy the high thinking it'll break out. You sell the low in a state of panic.

When momentum is lost, it takes a while for that momentum to return. You want to see compression form. This can be viewed as a tight range. When a tight range forms, eventually one side will give in. What happens after that is key. (I'll let you work out what i'm talking about here).

If a range forms and you have other bullish factors lining up, here are some things to consider when thinking about positioning..

1. Buying at the low end of that range offers the best risk/reward.

2. Buying at the low end of that range is as close to where you're wrong on the idea.

3. Buying at the low end of that range is easier to deal with emotionally. It isn't always easy to position as it feels uncomfortable but it always the best area to buy in a range due to points 1 and 2 above.

[TraderNJ @TraderNJ1]

Path confirmed ? $BTC

[IJLTrading @ITillaar]

Who is already active on the base ecosystem?

[IJLTrading @ITillaar]

@daanoptroot 👀👀

[IJLTrading @ITillaar]

@Offstack Congrats bro

[IJLTrading @ITillaar]

@LekoMuijs Lovely

[Leko Muijs @LekoMuijs]

$FTM is awake

[IJLTrading @ITillaar]

Just entered this Swing LONG on SOL.
SL just under the .618
First TP at the quarter level of my range

[IJLTrading @ITillaar]

@LekoMuijs MONEYFLOW bro

[IJLTrading @ITillaar]

The only thing I say is "Moneyflow"👀

[Leko Muijs @LekoMuijs]

New market update 👀

[IJLTrading @ITillaar]

@TraderJLM Enjoy your stay bro

[IJLTrading @ITillaar]

@TraderJLM “Kanker vies”

[IJLTrading @ITillaar]

@TraderJLM You know how we call this bro?