a close above 34550 is nice for a long because it closed above resistance trendline PLUS 34550 resistance line

this increases my confirmation on bullish movements next, hence even if i got stopped out i wanted a re-entry

next, 34731 is a minor resistance in the range formed previously (look left), so to be safe i closed full position to prevent any violent rejections/crashes

from the top wick you can also see that btc is facing trouble capturing the minor resistance

this is range scalping

cheers!!

#learn

the next key area is 35k, the price where we had the huge flash crash upon rejection

a close above 35k would be nice confirmation, until then, this zone remains risky for now

as mentioned!!

good full close there :-)

📉 TRADE ALERT

shorting AAVE at cmp

reasons: rejection from strong resistance once again, expecting btc to come down soon

might look to hold this one for awhile depending on price action

#trades BE

Ur analysis was also good for btc😊

It saved my 300$ loss😊

conversation from last night

cheers!

#grateful

not badd quite fast!

stops to entry in case of a random pump by btc

still havent taken profit, so if i'm stopped out it's breakeven

stopped out breakeven here

btc going up for a test again

more than a close actually,

we need to capture and hold the area well, then we can see further movement up!

btc making moves now, will just be watching

might trade some alts if there's potential

as mentioned in the previous post,

this zone is very risky for trades right now

btc is now stuck within the zone moving sideways being unable to clear the 34855 minor resistance (4 top wicks)

but the bulls are quite relentless, not letting prices push down below the support zone

still no good trades here

#analysis

📈 TRADE ALERT

AAVE 15m tf

taking a long entry at cmp on AAVE here

reasons: double bottom, with a retest on the neckline

TP and SLs as shown

risky trade given that BTC is bouncing in the risky zone, you might want to keep stops tighter in case of a flash crash

if not, enter with a smaller margin

#trades W

if you're in comfortable profits, please set SL to entry as usual

protect your capital!!

shifting my SL here ‼️

if you got stopped out, you can look for re-entry as trade is still valid

everything else remains the same, tight SLs etc etc

was stopped out break even and re entered at a lower price 🥳

stopped out at entry!

hope you took some profits as well

btc currently dumping

📈 POTENTIAL TRADE ALERT

SNX 15m tf

forming a mini ascending triangle

still early, so you can wait for a breakout at 11.47

SL: 11
(you can set tighter stops in this volatility as well)

SNX can be promising given the past runs it was mostly unaffected that much by btc

cheers!

i think we might see btc touching 35k or higher,

the bulls have been defending support zone quite well, and keeps retesting closely

but after touching 35k or higher..... if it doesn't hold then it'll be a good time to short

1h candle closed well for now

this still stands!

btc 4h tf

we need a close above trendline and above the previous 4h candle close high (abit higher than 34800)

with a nice close above, market structure is broken, and chances of upward movement is much higher

#analysis

btc seems to be breaking down now,

as mentioned, it's a dangerous zone here as btc is out of the resistance trendline on the daily tf,

further breakdown will lead us back into the descending triangle -> lower than 34400

stay safe guys!

don't try to chase the dump so much, but if you're confident of price movement then go for it! :-)