Haven't posted here in a while, but I will post some 4h outlooks also for my own future reverence. Two spots where I'd would like to enter a swing long. 1. bottom area: retrace into the level that broke structure (simple 1-2-3 market structure) 2. top area: 4h break of resistance + hold, long the s/r-flip towards the next level.
I can see this consolidate for 1-2 days, but expecting a nice wick to catch around 11380.
Would be really interesting to see if 10650 will act as resistance or would break it for more chop on HTF and eventually pop. Won't go swing short until 10500-10550 is broken (HTF support).
Entered a short-term short from 357.5, targeting a dump towards 335-340. I like this trade because the 356-360 S/R-level acted quite well on different time frames. Will manage closely. I do have to confess that I took more shorts than I wanted lately, but normally my winrate is bigger on longs, than shorts. If it fails, I will focus on longs for the coming trades
I'm being sidelined here, preferably waiting for a wick to long. But you know how weekends can be. So I'm being carefull here.
Not super confident, but this could be a squeeze to fuel more downward movement. Overall I'm still bearish mid-term
We are now back in the old LTF range (Visible on the daily) between 300-330. Maybe chop for the weekend, so I'm not entering shorts or longs yet. Maybe some scalps. But it would be healthy to touch the previous resistances between 270-290. That's where I would increase my exposure for longer terms on ETH. What's your take?
Yesterday my bias was short for BTC on mid-term. I think we are retesting the range of 11000, also on the weekly timeframe. So I put up three possible outcomes: Trade 1 = A gamble short; short the swing failure of the breakout at around 11150-11200. Trade 2 = An okayish short on low time frame: short the retest of the 10900 s/r level Trade 3 = Much safer short;...
Alts are taking a beating while BTC flourishes. Normally this will end in more upside for BTC, but it won't surprise me if we get a green candle towars 11250, stay up there for some time. All late longs are getting squeezed and we end up finding support (or break) 10.600. I have spot long, willing to hedge for crazy ass wicks, but for now not taking any scalps.
I see a lot of people still asking 'what leverage are you trading'? and I just want to be clear that "LEVERAGE IS NOT IMPORTANT" . It simply gives you the opportunity to trade your setup with more contracts than you have in your account balance. An example: The maximum amount of risk I take per trade on my total capital is 5%. Let's say I have $5.000 account...
Last short was pretty damn nice. I don't see any strong response or bounce if you look at the daily or weekly chart. Wanted to short 370's, but assuming it will never get there, Fomo'ing in with this short. Trade on your own risk, it's not the best setup, but I'm willing to take it.
DeFi pools are getting empty, everyone wants to get rid of their ETH, it's time for a big correction. Im eyeing on 290-300, but there are many levels ahead. So it needs to be managed. For now in at the LTF retest of 428. I'm ready to let this baby run...
Yesterday was a good day as the 370-400 range held and it gave me some nice shorts + longs. Hopefully the range will continue to keep it's value in which: - Resistance: 400 - Important EQ: 383-385 - Support: 370 For now, I have filled some asks at 384, but got some open orders at 385. Looking to short this towards 370 and maybe lower towards 310's. Invalidaded if...
Let's have a second shot at this $ETH setup, playing the range 370-400. Maybe don't open twitter while in a position lol. 50% TP at 380. Rest maybe head towards the lows of the range 370-400
These are the prices that I don't want to trade Bitcoin. I don't wanna long because it's at weekly/monthly resistance. I don't want to short either, because every dip is being bought up and a spike towards 11.500 is highly possible. But because of the HTF being at resistance, I'd rather short (again) than being long. So the plane: - 4h closes below 10.700 and I...
This one was so clean I can't even believe it myself sometimes. But yes, we needed a little luck of BTC taking out some alts :)
will watch closely but would be a nice trade for the coming days