Crypto Mumbles – Telegram
Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.me/humblespace
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because there is a lack of volume, it makes it much easier for whales to manipulate the price

a lack of volume means that if i can come in with a larger than usual order i can pump prices up by quite a fair bit

much more than a usual market with more volume (because the sellers can meet demands)

but in this case, no volume, lesser sellers selling than usual, one big order and prices spike followed by mini short squeezes liquidated

if you remember the diamond reversal pump that we traded last weekend

it was a bullish reversal sign, but we ended up back in the dirt

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

there's no saying for sure that this is not the bull run or this is the bull run

but just be cautious still, yeah?
the limit should be here or slightly higher

what i expect during the conference is either a DUMP or RANGE

depending on what they say it'll pump a bit, dump a bit etc. etc.

and *likely* after the event it'll dump back down

how far? can't say for sure

we'll have to see the contents of the conference

best to not have any open positions now as we're approaching the conference

see you guys tomorrow

to the top with you,
cheers!!
and at this point we still cannot say with certainty that we're in a bull run yet so take care!
btc is ranging outside the 4h falling wedge right now

i think we're still not bullish yet, keeping my mindset bearish still for now

a fakeout is highly likely, as we've seen on 12/13 July for btc

anything can happen though

trade with tight stops for now or wait for clearer confirmation while the market ranges!
ETH is on an ascending triangle

trade on the breakout

SL: 1955
TP: 2020 -2039 - 2080

https://www.tradingview.com/x/7cK8pzso/
Crypto Mumbles
ETH is on an ascending triangle trade on the breakout SL: 1955 TP: 2020 -2039 - 2080 https://www.tradingview.com/x/7cK8pzso/
cheers !

this breakout can possibly be very huge as it is a key structure point in the market
Crypto Mumbles
just want to share some views on what went down today (the two pumps) could it be due to B word conference? maybe. but imo i think unlikely yes indeed, buy the rumour sell the news the conference was announced almost a week ago, why didn't prices pump then?…
if we look at btc now,

it's a more proper and convincing consolidation and hold as compared to what was happening yesterday

compared to the fakeout on 12/13 July we're doing much better here as well

chances are better that the bull run is resuming soon from here

cheers to that if it's true! :-)

https://www.tradingview.com/x/8Vb32AYG/
seems like the bulls weren't able to flip the structure and back down we go

the breakout didn't sustain and there goes the confirmation

so now we're back to square one

still bearish

stay out of the market for now as it settles to be safe
Forwarded from martins
Thanks for your pinned post.I made my first profit today with your signal and got liquidated with other trades today.so painful.I may have to still subscribe to your channel till I become better.it’s good to know you
thanks
Forwarded from Crypto Mumbles
randomly thought of this but

if you want to be consistently profitable in trading

money should not be your goal

money might be your ruin because you'll be emotional and trade high margins

the goal is to be a good trader

ask yourself, "how can I be a profitable trader?"

then follow up w the actions!

once you're a good trader, money comes naturally :-)

#learn
this was what i pinned in the smaller group ^

always remember!

#grateful
Crypto Mumbles
seems like the bulls weren't able to flip the structure and back down we go the breakout didn't sustain and there goes the confirmation so now we're back to square one still bearish stay out of the market for now as it settles to be safe
and so we finally broke out!

what an emotional roller coaster today

we need to capture and CLOSE on the daily above 32.8k to fully secure this flip

right now we've punched through 32.4k but let's hope we don't get dumped back down

cheers!
📈📈 SWING TRADE

KEEP/USDT

broke out of resistance trendline

expecting a bounce then upward movement

super nice RR on this swing trade too

if you want to trade on futures you can too, on low leverage

SL: 0.229

https://www.tradingview.com/x/xJMM79MC/
BTC is facing a huge resistance at 32.8k to 33.2k

I have laddered shorts as I feel that BTC will have to head back down to 31k for a retest and consolidation as it usually happens with falling wedges

on the higher TF we're still not bullish yet ‼️

if we head back down and 31k breaks, then we'll go down further, level by level

however, if btc can punch through the thick resistance ahead with volume, then we'll see 35k/36k possibly next

stay sharp!

https://www.tradingview.com/x/VfTyF3uB/
here's how falling wedges will typically play out

usually an inverse head and shoulder forms

and we have not seen the right shoulder yet
bull div on btc 1h

possible reversal here to go up again !

you can take some small long trades here with tight SL
📉📉📉

ETH stopmarket short @ 2093

SL: 2110

expecting another top before heading back down
caught a beautiful trade today in trade pals with TRB

started off in loss as btc was dumping upon entry but we came back to secure 150% profits on x30 leverage

i'm sharing this because patience is very important (once again) and not all trades will go your way immediately

also, do not use high margin/ leverage such that it affects your emotions and ability to let the trade play out!

really important tips here, because it really really makes a difference (a huge one in fact)

#tips

https://www.tradingview.com/x/Bg10BcZ0/
Forwarded from CM Huat Pals
📈📈📈

BTC stopmarket long @ 31.95k

x30 lev

SL: 31.6k
TP: 32.4k - 32.8k - 33k