👑#BTC update:
Biggest cascading liquidation crash since May, the price is currently around the cloud's bottom. -20% in basically 2 hours. Most alts went down 30-40% against USD. Insane overreaction on low weekend volume. But the same thing goes for every flash crash - you don't want to be selling at the same price degens are being forced to sell.
Macro conditions remain unchanged - highest inflation in 25 years, interest rates remain at 0, FED keeps printing cash. They're killing the dollar, owning assets is a way out. People considering bear market seem to ignore this. Anyway, can't predict anything short term, BTC overshot the support by a lot. If you stay away from leverage, these are amazing prices to buy anything.
https://s3.tradingview.com/snapshots/u/UHqzyX45.png
Biggest cascading liquidation crash since May, the price is currently around the cloud's bottom. -20% in basically 2 hours. Most alts went down 30-40% against USD. Insane overreaction on low weekend volume. But the same thing goes for every flash crash - you don't want to be selling at the same price degens are being forced to sell.
Macro conditions remain unchanged - highest inflation in 25 years, interest rates remain at 0, FED keeps printing cash. They're killing the dollar, owning assets is a way out. People considering bear market seem to ignore this. Anyway, can't predict anything short term, BTC overshot the support by a lot. If you stay away from leverage, these are amazing prices to buy anything.
https://s3.tradingview.com/snapshots/u/UHqzyX45.png
👑#BTC update:
There we go, hope you bought some alts. Daily cloud's bottom bounce.
https://s3.tradingview.com/snapshots/n/nhZ7gjrk.png
There we go, hope you bought some alts. Daily cloud's bottom bounce.
https://s3.tradingview.com/snapshots/n/nhZ7gjrk.png
👑#BTC update:
The FOMC meeting is happening today/tomorrow. Since the market's already crashed in anticipation of it, it's looking to be a buy the news event - bearish anticipation will be gone. But apart from that, TA wise there's nothing bullish about the chart - price below cloud, kijun above tenkan, tenkan acting as resistance, cloud's turned red. The invalidation of the bearish setup would be the price going above 51k - back in the cloud, crossing tenkan.
https://s3.tradingview.com/snapshots/n/nhFqdFMj.png
The FOMC meeting is happening today/tomorrow. Since the market's already crashed in anticipation of it, it's looking to be a buy the news event - bearish anticipation will be gone. But apart from that, TA wise there's nothing bullish about the chart - price below cloud, kijun above tenkan, tenkan acting as resistance, cloud's turned red. The invalidation of the bearish setup would be the price going above 51k - back in the cloud, crossing tenkan.
https://s3.tradingview.com/snapshots/n/nhFqdFMj.png
In other words, tomorrow should be a buy the news event, but in general things aren't looking great while BTC remains under 51k.
👑#BTC update:
The FOMC meeting was a buy the news event, but BTC got rejected at resistance today, and another lower high was formed. Still, getting a lot more optimistic about this - ever since yesterday, Chinese selling pressure is gone. No more bearish anticipation of the FED raising rates anytime soon.
The first higher high (currently $49500) will be the reversal signal - falling wedge breakout and 4h cloud entry.
https://s3.tradingview.com/snapshots/9/9qwAHIY0.png
The FOMC meeting was a buy the news event, but BTC got rejected at resistance today, and another lower high was formed. Still, getting a lot more optimistic about this - ever since yesterday, Chinese selling pressure is gone. No more bearish anticipation of the FED raising rates anytime soon.
The first higher high (currently $49500) will be the reversal signal - falling wedge breakout and 4h cloud entry.
https://s3.tradingview.com/snapshots/9/9qwAHIY0.png
👑#BTC update:
Bottom of the wedge (more or less). If the wedge holds, it should bounce around here.
https://s3.tradingview.com/snapshots/z/zOVOs5NK.png
Bottom of the wedge (more or less). If the wedge holds, it should bounce around here.
https://s3.tradingview.com/snapshots/z/zOVOs5NK.png
👑#BTC update:
Just waiting for the breakout at this point. Alert set at $49k.
https://s3.tradingview.com/snapshots/y/yY1Qpiv3.png
Just waiting for the breakout at this point. Alert set at $49k.
https://s3.tradingview.com/snapshots/y/yY1Qpiv3.png
👑#BTC update:
Still within the falling wedge, nothing new. Bottom edge - 45k. First higher high/breakout - above 48500.
https://s3.tradingview.com/snapshots/x/XaUZbmd2.png
Still within the falling wedge, nothing new. Bottom edge - 45k. First higher high/breakout - above 48500.
https://s3.tradingview.com/snapshots/x/XaUZbmd2.png
👑#BTC update:
Getting close to the upper edge.
Hoping for the breakout here - wedge looks fully formed, can't see it consolidating much longer.
https://s3.tradingview.com/snapshots/w/w0kwX6ht.png
Getting close to the upper edge.
Hoping for the breakout here - wedge looks fully formed, can't see it consolidating much longer.
https://s3.tradingview.com/snapshots/w/w0kwX6ht.png
👑#BTC update:
Falling wedge breakout.
First higher high. Potentially the start of a trend reversal.
https://s3.tradingview.com/snapshots/l/lZY35hgu.png
Falling wedge breakout.
First higher high. Potentially the start of a trend reversal.
https://s3.tradingview.com/snapshots/l/lZY35hgu.png
SUSHI update:
💰🔥 TP1 hit! 🔥💰
Called yesterday, 10% up from entry now.
Now: https://s3.tradingview.com/snapshots/f/fmBrRK7O.png
Entry: https://s3.tradingview.com/snapshots/u/UpL8AMW5.png
Call link: https://discord.com/channels/690955085127221308/692046098113757274/923518241052164106
💰🔥 TP1 hit! 🔥💰
Called yesterday, 10% up from entry now.
Now: https://s3.tradingview.com/snapshots/f/fmBrRK7O.png
Entry: https://s3.tradingview.com/snapshots/u/UpL8AMW5.png
Call link: https://discord.com/channels/690955085127221308/692046098113757274/923518241052164106
SUSHI update:
💰🔥 TP2 hit! 🔥💰
21% up from entry. Be careful here fellas, lots of alts are right on resistance. Don't forget to secure some profits.
Now: https://s3.tradingview.com/snapshots/t/t521xXw9.png
Entry: https://s3.tradingview.com/snapshots/u/UpL8AMW5.png
Call link: https://discord.com/channels/690955085127221308/692046098113757274/923518241052164106
💰🔥 TP2 hit! 🔥💰
21% up from entry. Be careful here fellas, lots of alts are right on resistance. Don't forget to secure some profits.
Now: https://s3.tradingview.com/snapshots/t/t521xXw9.png
Entry: https://s3.tradingview.com/snapshots/u/UpL8AMW5.png
Call link: https://discord.com/channels/690955085127221308/692046098113757274/923518241052164106
👑#BTC update:
Consolidating at cloud's edge, just as mentioned in the previous post. If it breaks down, the support is at $48700 - 4h kijun, daily tenkan. Can't really trade here - if you sell now, you're risking to get chopped up, selling low and rebuying higher for as long as the range lasts.
Have limit buys set at $48700 instead, if you got any spare cash.
https://s3.tradingview.com/snapshots/s/szSCAgnG.png
Consolidating at cloud's edge, just as mentioned in the previous post. If it breaks down, the support is at $48700 - 4h kijun, daily tenkan. Can't really trade here - if you sell now, you're risking to get chopped up, selling low and rebuying higher for as long as the range lasts.
Have limit buys set at $48700 instead, if you got any spare cash.
https://s3.tradingview.com/snapshots/s/szSCAgnG.png
👑#BTC update:
Breakdown, fakeout, and now's the time for a pump. Next stop will probably be daily cloud's bottom edge at $53200.
https://s3.tradingview.com/snapshots/t/tL9ogzjR.png
Breakdown, fakeout, and now's the time for a pump. Next stop will probably be daily cloud's bottom edge at $53200.
https://s3.tradingview.com/snapshots/t/tL9ogzjR.png
👑#BTC update:
Guess it won't be that fast. Rejected yesterday, still at resistance, still consolidating.
https://s3.tradingview.com/snapshots/e/eh9TxlGu.png
Guess it won't be that fast. Rejected yesterday, still at resistance, still consolidating.
https://s3.tradingview.com/snapshots/e/eh9TxlGu.png
👑#BTC update:
Support's here. Cloud's top + 50EMA.
https://s3.tradingview.com/snapshots/i/IuWr1xUO.png
Support's here. Cloud's top + 50EMA.
https://s3.tradingview.com/snapshots/i/IuWr1xUO.png
SUSHI update:
💥💰 TP3 hit! 💰💥
Last TP hit yesterday, 35% up from entry. Pretty significant resistance's here, 200EMA+cloud's top+kijun. Trade closed.
Now: https://s3.tradingview.com/snapshots/7/7MkvoBxt.png
Entry: https://s3.tradingview.com/snapshots/u/UpL8AMW5.png
Call link: https://discord.com/channels/690955085127221308/692046098113757274/923518241052164106
💥💰 TP3 hit! 💰💥
Last TP hit yesterday, 35% up from entry. Pretty significant resistance's here, 200EMA+cloud's top+kijun. Trade closed.
Now: https://s3.tradingview.com/snapshots/7/7MkvoBxt.png
Entry: https://s3.tradingview.com/snapshots/u/UpL8AMW5.png
Call link: https://discord.com/channels/690955085127221308/692046098113757274/923518241052164106
SHIB update:
Stopped out. ❌
My bad, shouldn't have been so optimistic, should have put the SL below cloud. It is what it is though, going to wait for the bounce to rebuy (above 0.00003645), then put the SL below cloud.
Now: https://s3.tradingview.com/snapshots/r/RrLgzSpd.png
Entry: https://s3.tradingview.com/snapshots/i/IwJK05fg.png
Call link: https://discord.com/channels/690955085127221308/692046098113757274/925134527469338654
Stopped out. ❌
My bad, shouldn't have been so optimistic, should have put the SL below cloud. It is what it is though, going to wait for the bounce to rebuy (above 0.00003645), then put the SL below cloud.
Now: https://s3.tradingview.com/snapshots/r/RrLgzSpd.png
Entry: https://s3.tradingview.com/snapshots/i/IwJK05fg.png
Call link: https://discord.com/channels/690955085127221308/692046098113757274/925134527469338654
DYDX update:
💰🔥 TP1 hit! 🔥💰
Called 4 days ago, TP1 hit at 17% up from entry.
Now: https://s3.tradingview.com/snapshots/g/GFIWHGpS.png
Entry: https://s3.tradingview.com/snapshots/r/rtmaeOqn.png
Call link: https://discord.com/channels/690955085127221308/692046098113757274/923828356435304458
💰🔥 TP1 hit! 🔥💰
Called 4 days ago, TP1 hit at 17% up from entry.
Now: https://s3.tradingview.com/snapshots/g/GFIWHGpS.png
Entry: https://s3.tradingview.com/snapshots/r/rtmaeOqn.png
Call link: https://discord.com/channels/690955085127221308/692046098113757274/923828356435304458