Educational Thread Overview ๐Ÿ“š

Below, you can find all my educational threads about subjects like Profit Taking, Risk Management and others. ๐Ÿ‘‡
Taking Profit During a Cycle๐Ÿ“š
Non-Fungible Tokens Guide ๐Ÿ“š

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More from @DaanCrypto

14 Jun
$BTC Market update:

Took out the first high and in doing that, also made a tiny higher high on the daily which is promising for a further reversal.

We did open up with a CME gap, these don't have to fill but they often do.

1/5 Image
Having said that, not coming back to fill the gap, would once again leave a lot of people behind which wouldn't surprise me either. Just keep it in mind.

I do believe we will take out the other highs at $40.8 and $42.5K soon enough.

2/5
We've only seen $367M in short liquidations yesterday. This isn't nearly as much as we should see during a proper short squeeze after being down here for a few weeks with negative funding.

I expect the most to occur when breaching that last 42.5K level.

3/5 Image
Read 5 tweets
12 Jun
I see many new people come on CT and get confused by everything thatโ€™s going on in here.

Many of us on here are traders so donโ€™t let these short term predictions, be it up or down, trouble your own long term vision and believe too much.

1/6
I may not be bearish myself currently but I think I can speak for most people when I say that the people that are bearish here are only short/mid term bearish.

I doubt many of them are bearish on Bitcoin and Crypto as a whole for the years and decades to come.

2/6
Itโ€™s up to you to form your own ideas about the market and what timeframe youโ€™re investing over.

Donโ€™t let me, or anyone else influence you with our analysis for the next day or week. Especially if you were planning to hold for years to come.

3/6
Read 6 tweets
11 Jun
Identifying Market Structure ๐Ÿ“š

A market structure tells you what trend an asset is moving in.

1/7
๐Ÿ”นBullish Market Structure

Has higher highs and higher lows. This example is on the daily.

You could point out a few levels where, looking at the week before, price technically made a lower low.

But it's mainly about the general bigger movements price makes.

2/7
๐Ÿ”นBearish Market Structure

Here we can see price is consistently making lower highs and lower lows. This was a big change from what we saw on the run up to $65K.

Currently, price is moving sideways but still has to make a higher high on the daily to really see a reversal.

3/7
Read 7 tweets
11 Jun
$BTC Liquidity ๐Ÿ“š

I often use the term "Liquidity" in my analysis'.

I'll explain how it works and how I use it personally.

1/11
So what does "Liquidity" mean?

While all three definitions are obviously correct, the bottom one is most relevant for us.

2/11
The levels I map out are often important pivots (reversal area's) with highs that haven't been touched in a while.

This means that there is most likely a lot of stop losses placed there. Because these are the most clear invalidation levels for most people.

3/11
Read 11 tweets
9 Jun
$BTC Then vs Now.

Sentiment Check at $30-40K.
1. Fear and Greed Index

Then: 90+ Extreme Greed.
Now: <20 Extreme Fear.
2. Funding Rates

Then: Consistent 0.1%+ on most exchanges
Now: -0.05 to 0.01% mostly.
Read 8 tweets

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