Consolidation? short? long?

Lets see if it works, I'm on a third position shorting since 9995
sl 10100
tp 9400

:)

Risky position because we still didnt have pull back, seems to me we struggle to break, but succeed in it will break hard.

Trade active:

Almost all paid groups, and other people/groups who share info, are mostly bullish.. and here is the problem why I went against most of their ideas and prefered mine (already since 14k on current parabolic, just like I did on last parabolic since 15k as well)..
1. Thing people ignore the most is buying power, which is stupid from my perspective (and im not talking about volume, nor book orders, but about trending in google, and about obv, and i take into account these when tether printing money, every massive printing they made did small pump and then crush, why is that? because stable printing tether isnt enough anymore to hold this market when no one buys, so they try mass printing but they sell it too fast because no buying power to hold it)
2. People seems too hyped and moonlike, too positive groups, they think whales dont see that? whals can short them all the way to 1k as long as they all so bullish talkers.. people sayd when we first passed 1k that it will never go below and yet we fell to 200$, same story when we got to 20k no one believed we go under 8k and we fell to 4k, same mood same pattern now...
3. Cycles, people ignore history which is why I love my bigger picture idea to go back to 5-8k (or even 1-4k if tether dies), even if it wont happen then atlist im too alert for that, I prefer to trade with confirmations, strong breaks, and the trend (I really dont see bull trend yet, but people try to prove me that im wrong time after time, this is why I wont get cought losing my underware because if I see a right moment to chage back into bull run then I will, and I never 100% confident in something, I do follow other paid groups and other people and learn their ideas and thinking, but I have my own as well, and the difference is that I accept their ideas, but they cant accept mine because they are too confident and blinded that nothing else is possible, and already see many people burnt on these groups)...
4. People count too much on TA, and ignoring FA and SA, which are the cause for TA probabilities to work..

Now I dont say Im always right (in-fact i succeed in 10-25 of my calls), and Im not really an expert, and I understand that I can be wrong, but this is why we are here, to learn...

Trade active:

For the below 10k call:
We might get stopped somewhere between 9400-9700.. thus my recomendation (as usual) is to take small profits for any case, like 10% now, another 10% at 9700, another 15% at 9600, 20% at 9500, 35% at 9400, and leave the last 10% for when you feel its time to take them out..
Always move SLs accordingly to a profit positions as well..

For the 11296 and 11050 calls nothing changes (though you can take small profits as well..)

Comment:

Guys, dont forget that part of it is Binance as well, they are in maintanance, so big buying power volume isnt here which caused it to be much much more lower then usual... no one knows what will happen the moment they open, either bigger sell orders pressure, or all that volume will start buying :stuck_out_tongue_closed_eyes:, so be careful, take profits, move sls to profits, and be ready for binance..

I bet that their volume will rush panic selling guys, so be ready, we might see even bigger crush...

Trade closed: stop reached:

Well, the 10k call worked great for me, hopefully you guys took some profits acoarding to advice and also moved sl to profits as well (mine was 9922)... it was a nice ride...remember even if the profits are tiny it's still a profit, we took a risky move and it worked out.

The other 2 positions are still open:
1. 11296
move sl to 10670
2. 11050
move sl to 11010
* TPs are same: 10400 (filled), 9450 (almost reach, I hope you took small profits as well when I suggested between 9400-9700 as well), 8450, and another 10% for if we go lower..

Now we wait for how binance volume will respond to market (1-2 hours to go), will they sell panic? or will they buy this cheap price...

Comment:

If you are still holding the 11296 and 11050 short positions then I would recomand to close at-least 50% of the entire position... and move sl to 10600-10800

Trade closed: stop reached:

To do some order with the signals here (I updated these in my TG):
_____________________________________________________________________
1. The 'short' signal at 9995 - "The below 10k signal"
- We took profits: 10% at 9800, 10% at 9700, 15% at 9600
- We didn't reach the profits: "20% at 9500, 35% at 9400, and leave the last 10% for when you feel its time to take them out.. "
- I moved the SL to profits zone at: 9922 (The rest 65% which were left)
* Conclusion: As I suspected we got stopped between 9400-9700, with nice profits ;)
_____________________________________________________________________
2. The 'short' 11296 and the 11050:
- We took profits: 15% at 10400-10700, and another 15% at 10950-11010, 10% at 10260-10427.
- We moved SL to profits zone at 10560 (Which took rest of the 50% that were left, into profits)
* Conclusion: We manage to close both signals with 50% profits, and were stopped at profits levels with the other 50%.

Comment:

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