very similar set up here, but on the 1h chart for BAKE

be cautious of longs though, given btc's unstable condition

https://www.tradingview.com/x/BDz5mMK7/

i think it's best to stay out of the market for now, and wait for plays with confirmation (with a focus on shorts)

take a break! 😊

📉 POTENTIAL TRADE ALERT

stopmarket short CHZ @ 0.25

SL: 0.253

#trades W

https://www.tradingview.com/x/fIfB1nk9/

CMP entry is fine as well, try to catch the retracement as close as possible to 0.25

📉 TRADE ALERT

ETH short @ cmp or higher to 1920 x30 lev

SL: 1960

#trades W

https://www.tradingview.com/x/WbbxLcHY/

ETH is now trading below 1900

if we can stay below this level, then we're good for a downhill ride

downhill ride as mentioned :-)

ETH TP 1✅✅✅

cheers!!

a retest on 1920 is expected and still has not happened,

hold your positions in SL+

btc update

supports are not holding well anymore

btc might be going down very soon

long positions are very dangerous

sudden pump can be expected from the market makers to liquidate overleveraged shorters

so keep your short positions in SL+

https://www.tradingview.com/x/3YCi7HqQ/

btc update

watch for a potential inverse cup & handle pattern

btc will then be going down with that confirmation

https://www.tradingview.com/x/xP2GxZp1/

this example is better actually

almost there...

trading at 82 cents now

https://www.tradingview.com/x/iLXlers9/

some btc updates

we're currently trading below weekly support

if we close here for the week, it will be a real bloodbath

btc needs to bounce back up above weekly support at 32k (blue arrow)

https://www.tradingview.com/x/ngFSJgmh/

📉 POTENTIAL TRADE ALERT

BTC stopmarket short order @ 31.6k

SL: 32.2k

no trigger, no trade!

will happily end the day with profits 😊

#trades L

https://www.tradingview.com/x/R4JyWfcq/

triggered! let's see how it goes

if prices cross 32k, trade is likely invalidated

very much valid for now!

ah, pity!

likely an invalid trade,

you can close here if you wish to

it's creeping up to SL

L to end the day, but it's okay

we'll get it back :-)