Very simple picture here. Respect the lines. I'm bullish on $AVAX as a whole, but the trigger would definitely be something I'd take.
Just hold this line and send it to infinity, please and thank you.
Flip this area and I'll turn bullish. Paying attention how it reacts to the 20D EMA.
So, this chart is very dependent on how legacy markets perform in the next few weeks. The correlation has been insane the past week. No volume outside of US open hours. IMO, there's no reason to be bearish just yet. Weekly market structure is already broken, which mean that the rangeplay might become very relevant to us. Let's see how it'll unfold.
FED hikes, COVID, etc., etc. The show goes on. IMO, it would be a very large L for the Biden administration if the stock market growth isn't sustained during his presidency, although technically, he doesn't affect it in any real way nor did Trump. Stock market dump or a full-on crisis would definitely fuel a Trump campaign. Let's see how these hikes will really...
This is the setup I'm looking at. One could be a savage and just buy the bottom, but I prefer to buy strength – that's the reason I bought $TSLA. It's testing my patience and it's a lower R/R, but my win-rate is higher this way.
Textbook retest. Rejected by $60k. Targeting $48-49k in hopes of a liquidatin-cascade, but will take profit higher if it doesn't happen. Funding rates quite high.
Simple HTF-trade. Targeting $7-9. Lose the level on a weekly, and I'll lose interest. Spot play.
Buying every single dip I can get my hands on with a lot of size. Long till wrong.
This chart is so bullish I can't even believe it. Check the monthly chart.
These are the levels I'm watching right now. If we lose the 61.8% Fib-level I'd say there's a fairly high chance we are going to be going into some months, possibly years with low volume.
A simple setup with a simple invalidation. What more can you ask for?
I'm looking to buy a retest of the previous resistance. Already in a position right now, but would like to add more around that level.
Short-term Bitcoin bottom should be in according to the divergence on RSI. Bleeding slowly is still a possibility. This is the range I'm looking at for Bitcoin. Bitcoin is range-bound till proven otherwise - don't get trapped in a long. This is my trading plan. Checkmark => trigger.
Loaded up on $KSM as I find this R/R ratio very nice. Take notes 🧞♂️