btc 4h tf

as shared before, btc is now on a downtrend (check the replied post)

now that btc is hitting the trendline, i'm betting that it'll head back down whether to create a LL or not idk but it'll head down (my speculation) !

it should not go too far out of the resistance trendline, so 34.2k is invalidation

apologies for my messy chart*

stopped out on this trade!

took about -40% for me

pretty cool to see bitcoin still rising on a weekend

weekends are usually more volatile so trade safe today and watch out!

i won't be as active today 🤧

enjoy your weekend!! :-)

📈 TRADE ALERT

one of my slow plays today as I won’t be monitoring that much

ETC long @ cmp x 30 lev

inverse h&s on 1h tf
strong support on 49.376 (check 4h tf)

SL: 48

cheers!

#trades W

just saw a dragonfly doji on btc 15m tf,

today might actually be a green day 📈

33.6k very well defended for now, a long scalp at 33.6k should be quite profitable

but if btc closes 33.6k, likely to be dumping downwards

there's a h&s on btc 15m tf, 33.6k is the neckline that needs to be cleared

I'm buying more BNB in spot here, expecting good stuff from BNB

averaging down my BNB swing

did a quick scalp as mentioned at support

full close

btc 15m tf

if neckline is broken, it's gonna be quite a dump

as shared just now

if it breaks take a short scalp and close quickly in profits

quick updates:

btc still ranging, holding well so far

i think the amazing thing is how it's holding while whales are shorting

very similar to yesterday's situation, but btc still made the breakthrough

if btc can continue to hold well, with an improvement in market sentiment we might see further upward movement

if you're in a position now, short or long

please use stop loss!

btc can still break either side

averaged down my ETC here to 49.43 entry price

just got back,

still ranging, still holding

looking similar to yesterday's trade

i think there's a real good chance of a breakout here

yup, nice break out :-)

were you patient enough? 🙂

almost 12h later 🤡📈

another W for the books,

profits taken, SL entry

cheers!!

market isn’t stable as it just pumped,

don’t enter new positions

wait for the market to stabilise and wait for the trades to come to you!

don’t go hunting for trades +++ (easiest way to lose money)

as always, don’t chase the pumps/dumps if you’ve missed it already

#tips

i think this is also another good example for the new traders here,

patience is really key in trading, whether it is to look for trade set-ups or waiting for your trade to play out

have confidence in your trades, no panic selling

check if trade is still valid once in awhile, if it’s still valid, let it run

cut loss if you feel it’s no longer valid or the price action is looking weird/not expected

if it hits your SL, nevermind then we move on to the next trade no emotions!

#tips

managed to end the day in slight profit overall from BTC scalp and ETC play saving my BTC overnight short loss

have a goodnight and I’ll see y’all again tomorrow!

to the top with you,
cheers!!

Yes bro thanks to u I can see better

Today all trades profited, made close to 150 with my 200

Alot of lessons learned from ur channel!