📈 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! :-)

a close below 34550 would be a nice short confirmation

below 34400 would be even better

as of now, 34550 seems to be holding and btc might just do some ranging

ranging scenario!

scenario 2

dump as former support broke and now turned resistance

scenario 3

something like that would mean it was a stop hunt/ spring test by the whales to pump up aka manipulation

you can try shorting now,

stops at 34800

super risky trade, can be rewarding

cheers!!

received some questions,

once again this trade is RISKY (almost super risky)

but I would think it's worth a shot with stops at 34800, making your potential RR about 4-5

as shared before in the market structure lessons,

now btc is on a LH LL structure, hence if prices were to come back to take a HH, then trade is invalidated

the RR can be rewarding, but of course this trade is RISKY.

still worth a shot on a small margin if you have a higher risk tolerance! :-)

cheers!

📉 TRADE ALERT

I just entered a btc short at cmp,

just giving it a shot since my SL is just right behind :-)

let's see how it goes!

#trades W

current candle's bottom wick is not very convincing, there's hope for profits! 🙂

stops to entry, cheers! 😛

so far my bias is with scenario 2

as you can see the former support is now a strong resistance with that long top wick just managing to tap it slightly