Full time Bitcoin trader. Part time Shit poster. Free TG - https://nitter.cf/t.co/zosdH2aVPM
Joined June 2023
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Every Single Tutorial/Strategy I've Ever Made:🧵
- Indexed
- Video + Written Format
- Introduction & Purpose Included
(will continue to add to this over time)
So Flood was right all along but got loads of criticism just because he was early to the trade.
Anyways, don't be the guy that keeps adding to his position because prices are getting "progressively cheaper"
Lil bro been on a roll
Worth checking out indicator suite as well IMO
i think one of the most underrated things to do is to set back and refresh your mind after a large PnL streak.
doing that right now instead of trying to knife catch bottoms or trying to short a continuation of the breakdown.
will focus on market research and building more automated systems/indicators over the weekend
Tether + Paolo are the best actors in the space and have been for years
Literally the reason the industry survived so much shit
Put some respect on their name. Chads
My gut feeling is all of this is happening because I saw sometime tweet that Orangie is the GOAT a few days ago
The cleansing over the past year hasn’t been strong enough
No hawkish hold
Fed trying to push down oil
2Y collapsing
BTC still chilling at local lows
It’s pretty obvious that trading the range is the thing to do
Think 81k holding now could be a good scalp to TP at 82.5-83 and play the compression until it breaks
We don’t need more tokens
We don’t need more tokens
We don’t need more tokens
We don’t need more tokens
We don’t need more tokens
We don’t need more tokens
When price chops at the highs, it is a reminder to chill on lev. And wait to bid flushes with tight invalidations.
You generally don't wanna get behind price that is slow bleeding
$BTC under 80k for 10 mins and people acting like this is worse than COVID crash
Insane how recency bias acts
If we go to 72k, just buy and then observe what happens next
It’s not that hard
Okay seems like everyone who didn’t leave during the bear now has a Rainbet partnership
How much do they pay anyway that 7-8 fig traders are eagerly promoting their shit?
And if nothing goes in your favour
Then you move against everything
I love trading as my profession because it’s me vs me and the market. Everything, good or bad is on me
Stop your excuses and lock in. Burn the ships🔥
Life is too short not to take your shot at a desired career
Life is too short not to do side quests
Life is too short to think you “can’t”
Life is too short not to work out like a beast
Life is too short to not travel as if every inch of this Earth must be witnessed
$ETH long filled
Following the last update, our demand zone where I had some bids were filled and currently sitting at about +5% profit or so.
Can take partials at this point or let it ride, we got the BOS (break of structure) so need to hold this recent low to trade higher
$ETH
After chopping at the highs near yearly open, we got some decent correction.
I'm looking to bid this demand zone around $2350 for a quick bounce. Alternatively, if it slices through, highly likely this trades to $2k
Anatomy of price action
One of the most common ways people blow away their capital is trying to play continuation at tail end of a trend.
When price is actually trending, it usually does not give you multiple retests "before higher", instead dips are shallow and short lived
So TLDR: stay liquid for now
We got filled on the long and the monthly is GREEN
Next steps:
- Trail stops aggressively. If uptrend is still strong we will not fill back that gap (red box)
- Look for alt shorts to hedge our spot if bitcoin:native loses momentum
This is my base case for $BTC now
LTF range to form between the yearly open + all the volume above us from December should act as resistance for now unless corporate buyers go brrr
Retests back towards the previous value high ($80-81k) should be compound long zones
$ETH
After chopping at the highs near yearly open, we got some decent correction.
I'm looking to bid this demand zone around $2350 for a quick bounce. Alternatively, if it slices through, highly likely this trades to $2k
