#BTC swing play
Updated
Alright so had this plan marked 72k top then 75 & finally 82k, we overshoot it by a bit but i still have same plan in mind, & yeah i am not looking for 100k or 200k for cycle top i am just looking at 85-90k range (will post about this some other day)
for now.. we are just having a reset, we have been up only since last 5-6 months, we all are just waiting for halving right? didn't it felt like it was priced in? if you had looked around we had toppish vibes all over, how memes were performing & the final blow was solana meme's doing billion $ worth of volume in single day, getting listed on A grade exchange like binance in just day!!
this is why i have been patiently waiting & have shared loads of HTF charts, We are not done yet sire, if you cant handle 30-40% #BTC correction in bull market well you dont deserve 500% alts rally
Now what?
there are few charts i will show you but for me confluences matters, there are some that trades with smart money concept, some that uses ema & such indicators, & some who are just looking at fundamentals. so more confluence you have at your interested zones the better.
chart that i shared on 15th -
for me a good buying zone is around 55-50k on Higher time frame, thats about 30% drop in price of #BTC from the local top.
what about confluences?
1.
2.
3.
so plan for me is simple, start DCA on bitcoin around 57k to 50k, its a bit wide range but considering i am happy to get an average of 54-55k overall
also plans to add more exposure to my good alt bags such as FET, ftm, apt that have had great accumulation & breakout, will keep sharing those charts (most are already shared in my timeline) 🫡🫡
for now.. we are just having a reset, we have been up only since last 5-6 months, we all are just waiting for halving right? didn't it felt like it was priced in? if you had looked around we had toppish vibes all over, how memes were performing & the final blow was solana meme's doing billion $ worth of volume in single day, getting listed on A grade exchange like binance in just day!!
this is why i have been patiently waiting & have shared loads of HTF charts, We are not done yet sire, if you cant handle 30-40% #BTC correction in bull market well you dont deserve 500% alts rally
Now what?
there are few charts i will show you but for me confluences matters, there are some that trades with smart money concept, some that uses ema & such indicators, & some who are just looking at fundamentals. so more confluence you have at your interested zones the better.
chart that i shared on 15th -
for me a good buying zone is around 55-50k on Higher time frame, thats about 30% drop in price of #BTC from the local top.
what about confluences?
1.
2.
3.
so plan for me is simple, start DCA on bitcoin around 57k to 50k, its a bit wide range but considering i am happy to get an average of 54-55k overall
also plans to add more exposure to my good alt bags such as FET, ftm, apt that have had great accumulation & breakout, will keep sharing those charts (most are already shared in my timeline) 🫡🫡
Note
LTF chart update, PA looks interesting followed the lined yet watching for invalidations start closing above pivot & will change my bias
Note
Still waiting on my monthly biaslooking at possibly a good trap next month in the first week & mean reversal after 8-9th
Let's see what we get
TEXTbook patterns on charts for now
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