, 11 tweets, 5 min read Read on Twitter
Might try longing the dip, no resting orders while AFK - #XBTUSD chart tradingview.com/chart/XBTUSD/b…
Very nice daily open don't think I get dip in grey anymore...
My metrics say overbought and yday's top is a stop-hunt after a tether print (previous times didn't end well). Therefore, will stay side-lined for a little longer, don't want to rush long here / don't like the fact my invalidation is in W support for decent R:R on this SFP.
/4 Also this spooks me considering above conditions (oversold + tether pump top formation). I think off-timing for longs, decent chance we consolidate / at least wick deeper.

Thinking in terms of capital preservation here, not worth front-running initial scenario.
/5 Why don't you consider a short then Salsa?

HTF trend is bullish, medium time-frames as well. No matter my LTF bias I'd have to monitor any short position closely until it cascades or gives me inverse signal, CBA doing that tonight.

Acting on this:
there's my LONG trigger: 100'000 contracts from 11'630$, risk ~0,075 $BTC AFTER fees and slippage.

Good platform with no overloads: bybit.com/app/register?a…
/2 Trade looking good so far. Price needs to reclaim daily open (11'816$) on a closing basis for me to be confident... $BTC

Grey is weekly support.
/3 +0.03 $BTC, out for a micro-gain. H4 closed bad and LTF just had a bearish stop-hunt.

/4 Price marked up on LTF. Might try to catch a dip for re-long around 11'710$ if I'm not asleep.

/5 Bids missed by 20$, failed to re-fill the longs. Oh well I root for you $BTC do your thing 🚀

Off to bed I ain't chasing here.
/6 Hindsight perspective: literally would've absolutely nailed that trade to perfection if I chad held. Had TP asks at 12'332.5$ on Bybit, top there is 12'343$... Stings, at least I tried to re-enter after LTF gave bullish confirmation.

Good example of a failed HnS $BTC break.
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to SalsaTekila (JUL)
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!