$btc
Yesterday wasn't the day to short, only today is. So I shorted ✅ Can we get our sixth W in a row?
Alright! As per last post how I mentioned Yesterday wasn't the time to short since we still were mid squeeze of bottom shorters, fuelling our long gracefully, today, it makes a lot more sense to short.
We had a beautiful long, effortlessly printing us a 3%+ move and locking in our fifth W in a row.
Now that most of the shorts are squeezed, I am happy to finally attempt a well calculated short based on liquidity available.
Nothing big, nothing excessive, and very much against the macro trend (I am macro bullish).
But a thought out short based on the fact we are forming a range on the daily chart, where we are now at range high, and on the fact that the squeeze which Yesterday clearly wasn't done, is done today.
So hence my daily bias is expecting a range, so that means to simply short range high, long range low, rinse and repeat.
Biases:
➡️Weekly: bullish (I believe the macro low of 60k is in and the bears are wrong)
➡️Daily: expecting a range (I believe we form a range so we must short range high, long range low)
➡️Hourly: shifting to bearish. (The short squeeze is now done for the most part so I believe we have a potential drop coming, enough to pay us on a short).
So here you go, I announced a coming short a few hours ago, I repeated my biases, and I detailed out the plan, and I gave the live entry just now.
Can't do anything more.
Let's see if we can get our sixth win in a row.
$USELESS just experienced its first real dip since the recent rally began
it corrected 30.82% from yesterday's high after a parabolic 160% run over the past month
the correction came alongside other outperformers like $HYPE, $NEAR, $VVV, $ZEC and $LIT after USELESS had held up remarkably well while $BTC relentlessly sold off for days
this changes nothing in my view
zoom out and it's clear the uptrend structure remains intact despite the magnitude of the correction
narrative-wise, USELESS remains the strongest contender for a $DOGE / $SHIB type move from here IMO
@CrashiusClay69 everyone knows those memes that just refuse to stop pumping for weeks…
$TROLL is doing exactly that right now.
everything under the last ATH is a solid entry, it's a multi billion MC coin.