Not too confident with bottom being in, so risking small for a potential run to take more liquidity from upside. Having said that, I'm open for the idea of a bigger run up so I'll follow LTF closely
If the A we put in during the Asia session wasn't a 2, then I'd be looking for something like this. Given the US market was closed today, I don't think they'd like to be left out.
Whether the local top was a 1 (least likely), 4 (second least likely IMHO) or an A of an ABC, W of a WXY, or Y of a WXYXZ, I've been waiting for these levels for 20 days, hence taking a shot with a small risk - will add more after confirmation
5 wave for C of B of Flat 4 is coming to an end. Confluence: 3D OB (shorted rune and sol with exact same setup in the past 3 days) 2022 Yearly vwap PQVAP SP - VOL 4h bearish cross FMS topping 4h LTF KC Trendline breakout (3) - retest (4) - breakout (5) - 2nd retest (rip) You can enter the trade once price rejects TP1: 0.895 (will be updated once we top (70%)...
After closing earlier trades, I jumped back in at 0.25 for a scalp to 0.34-0.40, but this setup is entirely different. Not sure if it comes after or before another high, but: - Looking at where I think BTC and SOL are going in the following weeks/months, - How terrible the SOL ecosystem has been performing for weeks - Assets like COPE, Tulip, Mango taking the...
Easy invalidation, will stop manually but easy invalidation. Can come from a lot lower (3.10s) but buying some spot here.
Diagonal + Untapped weekly support retest. Don't think the bottom is in so i'm scaling in slowly. Won't wait for the stop to be hit to cut the trade, but still a good R:R
Sold my airdrop rewards at 1.618 earlier in the day, wasn't expecting it to be so quick but filled back at .382 Good RR. I can accept a small loss after dodging ~30% dump
An alternative strategy for STEP See Idea 1 if you're interested. Simply playing the local time pivot on Dec 15. Dec 16 is meant to be a pivot for BTC. ATL breakout retest, 3D supertrend, 80%+ retrace, 1W & 3D FMV Gaps. Lots of HTF confluence for a potentially massive run. I'll take it. I will scale in slowly if the price comes to my interest zone within the...
I'm not an EW expert and I only use it to understand HTF direction, so the count could definitely be wrong. Having said that, there is a good confluence to say the bottom is in or almost there: - Fibtime - 1:1 extension for a 5 wave down for C leg (4 is overlaping 1 so this is most likely wrong, but it's crypto...) - 1:1 extension for ABC - Horizontal 3D support...