May take a few days to work out. I think we may tap the local top and then go down again. Think it makes sense to sweep these lows once more. I'm basing my entry off the 4h chart.
Want to see this resistance level hold up or maybe make a new utad to go lower. I think their drawing liquidity higher to ultimately go lower based on the structure.
I may seem crazy in a macro environment like this where things seem about ready to implode. I do believe we've yet to see a real "euphoric" top in the bitcoin/cryptocurrency market. These are simply projections not exact timing or numbers really, this is just my idea of what I see happening with bitcoin from now to the next halving cycle come 2024. Where does all...
I love luna I think their's a good chance we can hold 10$. Luna has dropped over 86% so I mean how much more downside could there be at this point. At the very least we'll take good profits from a dead-cat bounce. UST has lost its peg before and recovered so I believe this isn't the end of luna. The selling is crazy but usually extended down moves are followed...
Longing btc here. If we can hold this 36500 support I think we can get a nice jump to break 40k. Let's see.
Going for a hedge here on a weak altcoin. See how it goes gonna keep my eye out for bitcoin forming a support.
Setting a limit here with a tight stop. Think we could definitely test this level before bottoming. Let's see what happens not looking for a huge move here or anything. 1% risk for me on this one.
Going for a long. Lot of blood and I think we're overdue for a bounce.
I think there is a chance we could be forming a bottom here. Let's see if we can hold this low I'll let it go a bit below and if we break I'll reevaluate. Looks oversold to me but we'll see.
Just looking for a retest of the support. It's rejected this resistance quite a few times so looks like it may even eventually break lower. I'll update along the way.
Let's go for relief rally stop loss below the low you know how it go. If you're wondering what my strategy is I like to wait for price to go below the vwap to a key level of support and then I just wait for a low time frame reversal confirmation. I'll then enter with a tight stop loss as you've seen me do many times. When it goes above vwap I start trimming....
I believe dxy over the next several months will be starting a downtrend. We may break a bit higher up to 100$, but I believe long term we're dumping over the next several months. If that's the case we would be in phase c right now. I'm not actually taking a trade this is just an analysis. Appears to me we're in a textbook distribution.
Looking at tesla/apple potentially leading the sp500 tomorrow. If this low holds I think we could retest the levels we hit yesterday, maybe even break the resistance.
Zil has gone down about 50%. I'm buying the fear because I think there is a chance of an optimism bounce. My stop loss is under the current low and if it doesn't hold I'll reevaluate. If it breaks past the vwap I'll update on taking profits.