good call thanks peng!

TROY/USDT

the result of massive accumulation -> huge expansion

congrats holders!

this seems to be playing out, if it’s true then 42k is the level to watch

i’m buying the dip and chilling for now

hope none of yall are panicking

load dips

if you've loaded a lot and no ammo left then chill and wait for market to recover

this will be the last few shakeouts or i believe so!!

BTC update

something I'm looking for

as mentioned before the run up didn't have volume which had me cautious as I wasn't sure if btc could sustain above AR

if this were to play out then a liq tap would only make sense to shake out before further move upside

if the liq tap fails, then this Wyckoff pattern fails and I'll be turning bearish

1) fall back into our may - june range
2) liq tap failure possibly represents a distribution pattern, likely to mean a bear market is coming

let's hope that's not the case!

I am hoping for september to close a doji or small spinning top whether bullish or bearish, meaning to say I want a monthly close near the MO @ 47151

let's see how we move from here @ this crucial point

BTC update

liq tap played out as expected, however I think it went much deeper than expected

right now you have a few options:

trade only btc at the extremes
reduce leverage on alts
scalp
don't trade the market completely

the market is very very choppy rn so trading isn't recommended here

another down leg can be expected if we breakdown from support

trade safe all!

u are goign to be rich.. just sooner or later.. u are sharp

BTC

not to be a bear

but something to share with you guys

macro still bullish but this correction might be inevitable

i expect 38-39k to be the bottom

probably a quick wick

remember to pick up some of your fav coins while they are all in dip

this is a shakeout

BTC

highlighted zone is huge no no zone

wicks are allowed but we cannot close below especially on HTF

bottom is here soon, just waiting for a reclaim or a higher low

still, do be cautious of a move like this to fill the inefficiency before coming back down to trap longs

once ready the move up should be quick 🚀

SOL quick recap

breakdown played out very well since we called it

although i mentioned 100s previously, idt it'll hit due to strong demand

imo SOL is bottoming out somewhere in this region and we had a good dip entry in SPOT @ 118

falling wedge can be seen on LTF and I expect SOL to break the downward trend soon enough as long as BTC stabilises

HTF confluences as well

cheers!!

👌🏼✌🏽

hope you took the trade or bought some in spot

cheers!!

LUNA HTF

we have an interesting formation here that can either act as continuation or reversal

I'm more inclined towards continuation but the reversal might play out first before consolidating and running up again

either way, set-up for both scenarios are given

LUNA/USDT

note price action (on the left) previously,

I think something similar can play out here

of course, if BTC is stable or moving up

regardless, nice coin to hold

bingo :-)

BTC

looking for a clean break of 44k with retest for a long

OR

higher low confirmation

targeting 46k

Is the same fractal going to repeat itself?

Are we in a distribution that's leading to a bear market?

Should I wait for the next dip @ 38-39k to buy?

Rule One of Wyckoff:
"Don't expect the market to behave exactly the same way twice."

imo, rn smart money and institutions are TRYING to make retails panic sell, make you think that we are in the exact distribution earlier this year

that we're heading into a bear market from here or that there's gonna be a dip back to 40ks or lower

Fear & Greed index is currently sitting @ 27

this precious dip (or maybe possibly one more ahead) is your last chance

think different, think smart money!

they are always eating and trapping retails

that's why only a small % of retails can come out profitable (other than HODLers because you ALWAYS win when you HODL)

I'll be here to remind you anytime

to the top with you,
cheers!!