#ETH#Ethereum#ETHUSD opening swing long. First target as shown, then 200 and 221 depending on the following PA.
Got in $191.45 #ETH, I wanna see a stong reaction here and a break of 193.90. If it's weak I'll probably cut it
Lovely LTF reaction, exactly what I wanted to see. De-risking. Stop moved to b/e, I don't wanna see us going down there if we are bullish. Going as low as 192.45 is oke. Hope you took the trade aswel.
Trade playing out beautifully. During night we hit the first target at 196.85. Do you see the reaction against us afterwards? That's exactly why we take profits there and don't pray the gods so it pump 100$. That's not how trading works. Price then reverted and continued
to the second target of 198.8. Again beautiful reaction from a logical area. 80% of the trade closed. Holding remainder in case we pump to $221 #ETH#Ethereum. If we don't, stop moved again to 194.3 and I may aswel manually close however I think we could see a continuation! 🤟
Trade is fully closed. I caught pretty much the entire move from the bottom to the top of the wick. Really happy with the trade management. It's Tuesday and I have already hit my weekly goal. Price looks weak thou. At some point we could see a correction to $162 & $7200 #BTC
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It made sense to stay 🐂 on #Bitcoin as long as the trend & range were holding & equities were going up but now it has lost its MS after 130 days of 🦀 PA & we need to adapt
I'll break down all the facts you need for all scenarios in understandable language below 👇
1/18 🧵
When it comes to bullish/bearish posts it always comes down to TimeFrames. You can have a trader that is bullish on H1 screaming at a bearish trader on D1 while the Weekly trader is bullish again
It makes no sense & we need to analyze each one differently to understand the TF 👇
The macro view, which is like a Monthly to somewhat Weekly, remains bullish, while Weekly down to Daily is now bearish
The M1/W1 TF remains bullish as long as the 39K low is holding but locally we can be bear-bleeding for some time as the 130 days long #BTC range was lost
You don't wanna miss this #Bitcoin alpha thread 🧵👀
#BTC around 50K is still within a strong value area
Lots of people sidelined, waiting for a bigger correction will miss out
Data from Financial Advisors across the US are suggesting big future upside
1/20
Read below👇
First of all, I did expect we would get the upside we got from the 40-45K range, but after, I thought we would get a deeper pullback at some point to like 32K or so
I do not think that anymore
Below is the original thread worth your time to read through
No emotional bias, just truth bombs full of data & mainly my own context ✅
Both bullish & bearish arguments - HTF to LTF
Hit like & Bookmark to keep this plan in the back of your mind
Let's get to it 👇
1/25
We start HTF, scale in & create the valuable context 👇
So my thesis has been & is still the same throughout the whole of 2023, that we move above the so important psychological level of March 22 high, sitting at 48K, distribute above & pullback
🧵 Big thread on INTEREST RATES around the Western economies & their future projections & implications on the markets
Everyone's focus is on the FED funds rate but by understanding all of them we get a much clearer picture of where the FED is heading 💡
Let's dive in 👇
1/22
As you can see from the picture, central banks in Western economies tend to move the interest rates on average in a similar trend
We could even call it a consensus
However, some are frontrunners & some laggards and by comparing them all, we can get a general idea of the trend
Each economy has its own factors & issues that come to play in each country of course, which is the reason why we see some deviations here & there on a lower quarterly or yearly scale. But the general trend stays
So why is it that they all move together on average? 👇