@AxisAce101 Me too but traded none
Wasn't worth the risk imo especially with how short lived metas have been recently
Like you said only thing keeping a meta going is higher mc on the main runner(s)
price frontran my level so either I was wrong or $kermit community really is like that
Glad I fomo'd a bit & got some when price approached ob
Positive that price breaks bearish ob for continuation, will evaluate once we get there
what if? $kermit
I know it seems tempting to buy here & I wouldn't even say it's a bad trade
.786 & lower ob would still indicate a htf uptrend, at that level you'd expect "retail" saying it's over & stop losses being hit
I contrary smart money knows for a coin to run hard it must gather fuel first, the fuel being liquidity
So naturally when "retail" capitulates smart money is fueling the rocket
crucial to evaluate again once price reaches the target, to see if bullish structure remains intact
gotta love seeing displacements like these on levels you've drawn a week prior
not in the clear yet, 3.5m seems like an important level to break before the trend can be considered bullish again
*puts FA hat on* $ace gud tek > moon
Expecting a reversal on $ACE
Besides the fundamentals the chart caught my eyes too
Strong inital reaction on htf ob, retrace into trend ob, liquidity being absorbed at the ob
Entry here (1.5ish m) and/or ob low (1m), invalidation below
price ignored my ob and got drawn to htf ob below
misread this one, aped bottom of ob without waiting for break and reclaim got stopped out
I developed the patience to wait for price to retrace into my buy zone but once there i act too fast which leads to unnecessary losses
my execution needs to be more strict
poised neutral observing until price reacts the way I want it too then execute
price frontran my level and zoomed? plenty more opportunities
price went through the level I've been waiting for days?
wrong read next
price reacts on another level after i got stopped out? being wrong 1 time is enough next
$bp might be poised for a run after a nice wick down to mitigate ob
maybe clav's virality peaked but it feels like the chart hasn't
The reaction on the green trendline feels like retail getting trapped trading the wedge triangle whatever
The unmitigated ob is the primary draw, respecting a possible htf trend, invalidation below protected low
Observing
what if? $kermit
I know it seems tempting to buy here & I wouldn't even say it's a bad trade
.786 & lower ob would still indicate a htf uptrend, at that level you'd expect "retail" saying it's over & stop losses being hit
I contrary smart money knows for a coin to run hard it must gather fuel first, the fuel being liquidity
So naturally when "retail" capitulates smart money is fueling the rocket
crucial to evaluate again once price reaches the target, to see if bullish structure remains intact
$bp might be poised for a run after a nice wick down to mitigate ob
maybe clav's virality peaked but it feels like the chart hasn't
The reaction on the green trendline feels like retail getting trapped trading the wedge triangle whatever
The unmitigated ob is the primary draw, respecting a possible htf trend, invalidation below protected low
Observing
Expecting a reversal on $ACE
Besides the fundamentals the chart caught my eyes too
Strong inital reaction on htf ob, retrace into trend ob, liquidity being absorbed at the ob
Entry here (1.5ish m) and/or ob low (1m), invalidation below