Currently out of my BTC short. Managed to close it in profit but since indicators are oversold already I'd say that we may see this wyckoff accumulation pattern playing out. Would also make sense if we would combine it with the missing 5th wave. Pretty easy to adjust You gameplan if You consider this scenario. Gonna enter short as high as possible. Ideally after we'll breach the Resistance line.
Note
Here we are ! Back to this setup. Not exactly following the lines on a chart but it's not important. We've seen a dump to 21500 then another dump but not as deep. Potential for absolute moon here. We've shorted it now we gonna juice this fcker even more. Very low risk, stop below today lows. TP 28-30k
Note
People gonna be surprised lol. They expected pump at 25k - we were going short. Now people see a crypto disaster all over again. Wrong.
Note
Powell talked about recession today. We are in one. A big one. That's why I speculate we gonna pump hard now and get hit by a black swan later on
Note
Got stopped out when asleep. Took a $400 loss. Entered again with one btc gonna wait until stock market open to see if we can get the bounce. Someone is constantly buying it up which is not usual. Normally we would see a drop to another price level
Note
Also big accumulation signs when You look at spent output profit ratio. First such sign since December/January
Note
That feels better. The loss from getting stopped out mitigated by half
Note
Setup is back in game. It's up to the stock market now. At the moment BTC feels strong. Let's wait and see if it can stand it's ground
Note
Got stopped out again while asleep. Managed to keep it low risk and all together lost only a bit. Time to sit on the side lines for some time and wait for proper setups
Note
What is this pump lol. Don't tell me we gonna pump now 😂. Managed to pick some nasdaq longs friday. Looked like my typical swing setup. I think it still has a lot of space for growth. If btc will follow like this then who knows where it lands
Note
I just knew something isn't right after we went to 22k and formed that side trend. Pump was in the air. Was not expecting it to play out this way. For now it looks like the top. I guess it's time for some rest and an attempt for 25200. If we breach it then it moons straight to 28-30k
Note
Gonna open longs if we break out. For now still waiting
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.