alden8
4 years in crypto. Active crypto perps day-trader.
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In #Total the dynamics developed as planned. An upward correction followed by a breakthrough of the previously tested 50% zone level. Overall, I now see an inevitable decline #Total to test the bottom of this zone near 2.2T.
@Henryyy_ Oh, are you shorting pumps? Interesting. Do you have an authorial strategy for understanding pump flows for entering a short?
🔻 $ME — Short Setup
Momentum dying after that wild pump – massive rejection at resistance levels.
Entry: 0.1904–0.1910
TP: 0.1890 / 0.1870 / 0.1840
SL: 0.1930
Yo, traders squad, $ME moonshot is fizzling out post-pump, getting wrecked at those stubborn highs (0.1918–0.1937) with fading steam and bears ready to pounce hard.
Trade $ME Here
{future}(MEUSDT)
Momentum dying after that wild pump – massive rejection at resistance levels.
Entry: 0.1904–0.1910
TP: 0.1890 / 0.1870 / 0.1840
SL: 0.1930
Yo, traders squad, $ME moonshot is fizzling out post-pump, getting wrecked at those stubborn highs (0.1918–0.1937) with fading steam and bears ready to pounce hard.
Trade $ME Here
{future}(MEUSDT)
Overall, now is clearly not the best time for LONG. Altcoins are at their highs. New highs are formed only on pumps without corrections from the highs, and the likelihood of a pump is currently questionable. I will wait for a correction downwards. The intention for the growth of the crypto market is recorded.
#BTC shows signs of growth potential up to 69000. But it seems that #BTC currently lacks the liquidity for a move there. There may still be a larger downward correction due to liquidity. If SPX500 does not start to pull down, then the plan for #BTC is currently as follows.
{spot}(BTCUSDT)
{spot}(BTCUSDT)
It turns out that at #BTC at 04:45 UTC a new intraday cycle began. According to it, I see the probability of the price moving #BTC to 68200.
{spot}(BTCUSDT)
{spot}(BTCUSDT)
#BTC Currently at > -2.5% of the daily price and he clearly wants to test 67780. I am currently looking for long intraday opportunities only. However, liquidity #BTC still needs to be accumulated to rise to 67780. 'Buy cheaper' and 'Don't rush' are currently relevant.
{future}(BTCUSDT)
{future}(BTCUSDT)
#Total Touched 50% of its current zone, hence such wild volatility now. I preliminarily see that there is a #Total reflection downwards. It looks short. But #Total is already down -1.5% for the day and a larger upward correction from this testing of the 50% zone is possible.
#BTC seems unable to break away from the 50% support zone (1) and the 50% resistance zone (2). Now it shows weakness of buyers at the bottom of the support zone. The likelihood that #BTC will test the bottom of the resistance zone and settle below the support zone (3) is increasing. Weak stop losses of long positions in this scenario will fall but will create liquidity
{spot}(BTCUSDT)
{spot}(BTCUSDT)
#BTC seems unable to break away from the 50% support zone (1) and the 50% resistance zone (2). Now it shows weakness of buyers at the bottom of the support zone. The likelihood that #BTC will test the bottom of the resistance zone and settle below the support zone (3) is increasing. Weak stop losses of long positions in this scenario will fall but will create liquidity
$ETH at 08:15 UTC received a new intraday cycle and showed a reflection on the rise. I am currently long on ETH. At -4% daily drop this is a great probability for an intraday long
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