Hola , as you would have noticed btc had a wee pump and took dominance straight up approaching 48% ish which should be our first resistance level break that and btc pairs bleed a whole lot more ... which i do not think is possible but hey just want this to tag the blue line below and see the reaction. back to QI nearing its atl on the btc pair going to...
on its way to attempt range high flip that for sure and tag blue line at the least not in it just waiting on my bags to start moving and fighting the urge not to jump plan remains the same for profit taking as dominance crashes down and we get our alt party started most likely btc and alts should correct after that so maybe sell in May and go away...
Hola , so looks like we have formed a mini range and are waiting for the weekly open reclaim 20400 followed by 21350 we can squeeze up pretty quick never a dull day in crypto with FUD comes opportunity in my spot bags with 25% ammo left no perps untill one of the above lines is reclaimed thinking market structure was broken so we should be going down...
time for the king to take over btc pairs bleeding expect lots of volatility and a possibiltiy of A- BTC ranging alts catch up B-BTC tops and deviates back -alts bleed with usd pairs too anyways my 2 bits .. stops triggered on corn causing this nice pump it would be rude not to take out the stops above 25200
bought back a wee bag , feeling the fomo for when dominance does drop still in range with some FA reclaimed 200 ema ( for now )
Hola folks , so we still consolidating around launch zone , Dixie deviated back down after its scare still recon this is just a shakeout before we go for 28869 after making a HH it should have its pullback which will make you sweat however thats the "dip" we need to ape into keeping an open mind so going to hedge above the blue line around 29ish or if we...
Hola Folks , mid week and we have the dixie doing what corn did a day before to us !!! reclaiming the 200 ema with oomph not looking good tbh but holding my positions as are praying for Thor to come hammer this down from the yellow line or maybe we pump till friday and leave people sweating !! flip 105 yellow line and our last hope is the white thick...
Hola , so my thesis on the dixie was spot on and was right in ignoring the news though did not capitalize on it as much as i could but you live n learn ( said to myself corn market cap is tiny so easy to move around but the break in structure put me on the backfoot - lesson MSB can happen and reverse do not get stuck on it ) thought time to zoom out and see...
hopping on to this for a scalp ,holding the 200 ema on the H4 as long as corn holds 25200 we are good imo corn should form a range and then leg up as always giving the alts room to breathe bidding yellow line
not buying this but looks ready for its big move up as it breaks this red range high to 550 and higher imo ( remember people keep hopping off and the order books get thinner will have a blow off top so MM can start offloading at some point) just remembered they were supposed to do some good things in Q1 should justify the pump if it happens. thoughts on this...
added to this zoom out and look at the bigger picture then the risk /reward makes sense targets still same with this bounced from range low at first reaction we could lose this and deviate back down IF it does the entire market will most likely plunge too either way figure can't go wrong adding at key levels
orange line is BTC market cap Blue is total 2 excluding btc market cap so my understanding is when the orange line crosses down underneath the blue line is when we get our mini alt season as you can see from the dominance chart i posted earlier corn has a lot of room to go before its first resistance so that basically is confluence for my btc pairs bleed...
Hola , for the people asking me about wing and usdc fud my bags are down and it is what it is so no point dwelling on it worse case we lose yellow line and nuke to atl ,i am looking to add to this around yellow line IF we get there or ($18600ish for corn) been in the since 1st week of feb and cutting it now would not be a wise choice imo ( you take a hit and...
Hola, still under 105.34 (invalidation for a short) with the daily stoch crossing at the bottom so possible continuation to next range high or 107 On the Flip side weekend coming up and if this gets slammed back on Monday then the weekly stoch crosses to the downside and the fun begins. either way on HTF area this is time to accumulate our beloved shitcoins
Hola, in hindsight it was obvious but still left watching 21300 loose support quick and slow to react had planned to short IF that happened but did not pull trigger emotions got the better of me . anyway on the bright side got ammo to deploy so waiting for closer to blue line to deploy for perps watching corn , looks like to have formed a range so a...
Hola Folks , dixie at support currently possible 107-109 blow off top "again " is max pain ( beyond that i am not ready to accept and the market is rigged . corn at support currently possible deviation below 18900 direction tbc after the weekend still leaning bullish untill the blue line is lost so to sum up keep us guessing over the weekend and real...
reclaimed 10 ema on the weekly so you could enter with a stop below that am contemplating swapping something for this for a few days since this has the "decsion" coming. bit like fool me once .... or is it every dog has his day? ( stoch crossing up ) never really liked it but can not deny its showing strength .. dashed yellow line is range high or first...
SL UNDER 14.58 TARGET MOON was avoiding perps but had drawn this white line and its here now so y not ... even if its a bearish retest that a decent risk rewad