sudden btc dump?

nope, just a heavy price correction to me for now

after a pump this is bound to happen, that's why i mentioned trailing stop loss here ^

stay out of btc while it is still fixing itself, absorbing fud or whatever

trade alts, alts are much stronger atm

and most are actually green 📈

hey guys,

esp newer traders, trading is challenging and definitely not easy to learn

if it was easy everyone would’ve been rich rn

but those that stay disciplined and keep learning will be the ones that will reap the rewards of this skill set

i’ve lost a lot of $$ before, even losing 8 days straight in a row before as well

this market is not the best to trade, veteran traders have troubles trading in this indecisive market too

once it’s clearer, things will be much better

heads up and don’t be disheartened! :-)

ideal scenario for btc

bouncing in the red circle region

31.6k to 31.4k

✅

now waiting for more confirmations to turn my bias completely bullish

https://www.tradingview.com/x/yI3WEDtc/

breaking out of the resistance trendline is my second confirmation

https://www.tradingview.com/x/3scjoq4A/

well,

as shared before

TA does not work with manipulation 🤡

long red stick down to 31k

cant beat the market makers and institutions

ending off the day here,

cheers!!

just some quick updates,

bulls don't look strong at all

market remains bearish

I still think there's a chance of going up, given the right circumstances

for now the market is really dangerous and pretty boring as well

no trades for now

cheers!

here's a nice chart from one of my members in trade pals

if we can't break the resistance zone (supply zone) which is the red rectangle,

we can't go up further, and until then the market is not clear for any trades with btc ranging like that

bulls still looking too weak rn

heavy dumping on btc

we're looking at 30k being the next key support,

until prices stabilise again it'll be hard to trade if you're chasing candlesticks

scalps are fine

trade safe ‼️

there's a possibility of reversal here

high volatility is expected as well

if you're in any positions, hold it with tight SL or SL+

if you do not have any positions, then don't open new trades for now

my current speculation is a possible pump upwards to first liquidate high leveraged shorters before heading back down (as we've seen MULTIPLE times before)

be ready for volatility in the days ahead

bump

sharing session in about 1h time!

thanks for joining me in the stream!

I also shared some quick analysis and speculations for what's upcoming for btc in the end if you did stay for it

hope the TA sharing was clear enough to understand

any questions feel free to ask as well

to the top with you,
cheers!!

yet another speculation

but the bulls are weak

might play out but not to the full effect

the wyckoff sharing in stream is still valid

https://www.tradingview.com/x/azb5yGfc/

breaking out well so far ✅

confluence of multiple chart patterns here that's signalling bullish reversal

market is volatile, SL+ or take profits if you're in the long position

tomorrow will be a very volatile day with the B word conference going on

no trades before and during the conference

likely a chill day tomorrow

enjoy the break!

a mini short squeeze happened that liquidated a lot of shorters

we're still not in the clear still bearish atm

btc needs to hold

this pump/squeeze could likely be just a liquidation move as i shared before

called it yesterday here ^^^