Low TF Range Analysis on $BTC and $ETH

Same play as always:
Take out the top of the range first and you target the bottom, take out the bottom of the range then you target the top.

Note: $Eth range isn't confirmed until a break below $1557.65 has occurred. Price moving towards the top of the range at the moment. Will be careful if this turns out to sweep the range high first - have to remember that we're in the vicinity of a bullish order block and the fact there's a lot of fuckery around the weekend. If it does take range high...

🧵A Note on Sentiment

Notice and observe how whenever we drop people start searching for lower and lower targets.

Was this the case a few months ago? No, people were looking for higher targets until all hope was obliterated. There was a sentiment shift when we dropped below 28k.

Hope turned to despair.

People who had been trying to buy/long the dip were now more of the thought of selling/shorting the rips.

Lmao. 15,000 fools buying this larp’s books.

Cheds ain’t a trader. He is a commentator who makes money from books, YouTube and referral links - like most larps on here.

“Those who can, do; those who can’t, teach.” Imagine paying $34.99 to get trading ‘wisdom’ from someone who can’t trade. Boggles the mind.

🧵 Is #Bitcoin's next destination $31,700? - A Thread

I believe that the next logical place for $BTC to go is above $30k. In this thread i'll explain why. [1] The Range.

1a/ We've been ranging between $17-25k for 145 days. And it's felt like it. It's been excruciatingly boring at times.

1/ Timing the Right Moves of the Market

🧵 A thread 2/ What's the first thing people learn when they start trading?

Technical analysis of the chart. Usually through some sort of patterns system, Fibonacci, Elliot Waves, Fair Value Gaps for example.

But what is something is consistently overlooked?

Time.

BREAKING: Shock and horror as Crypto MM actually agrees with Coinskid for once

😂 Every time I post something bullish I get the same replies about inflation, recession, stock market etc etc. Literally the same reply every time.

When I was bearish at 41k and 48k I had the same replies telling me why I was wrong to be bullish and we would “hit 50k first”

Pay attention to the crypto influencers over the next 24-48 hours. This is the point I want to see them start posting bearish stuff. I’m going to keep my eye on them but if you see anything @ me on their tweets. Cheers in advance

My fellow users of Vector Candles:

Check the Bitcoin and Ethereum 3 Day charts.

Now also check the Bitcoin weekly chart.

Tell me - what do you see? VECTOR CANDLES

That’s the clue

Just spotted a Bull VCR on Delta. Bottom's in and we're going to $100k. 🌝

Yoooo @Delta_Exchange wtf, you just absolutely liquidated shorters like that?? As an FYI - not photoshopped. Go check for yourself

1/ NEW $BTC WEEKLY THREAD

Looks like we’re going to finished back in this low tf range. Hold here over the weekend and I’ll be looking for 37.3k during this coming week.

I’m thinking we may have just set the low of the weekend there. 2/ No dice on that being the weekend low. Time to just wait and see how the rest of Sunday plays out and what they do at the weekly close.

Keep it flat. Likely to be some sort of fuckery later on. $btc

Scalp loss on $OGN

- 15m green vector into FVG and no push above
- 5min bear vcr above a previous pivot point (green line)
- Was targeting green FVG on 15m

Wasn’t even looking at BTC at the time. Was all going nicely before they decided to hit the high again & got stopped out I wouldn’t have changed anything. This sort of play is the perfect scalp set up i look for on a weekend. The loss was minor relative to the risk/reward on offer.

No biggie. Onto the next one.

1/ How to Trade Breakouts

A thread 🧵 2/ Don’t.

For those who were asking me about ranges the other day.

This is the range I currently see. I expect that wick to be filled.

I'll consider longing there (if i like what I see) given they have orders stacked there according to Bookmap

https://twitter.com/Crypto_MM_/status/1517503088441147392

For a scalp btw. Trajectory is down and I think 37k is the next destination to actively look for the possibility of swing longs.

1/ I've had enough of seeing images of this that the big accounts are sharing and liking on here.

All they're doing is sharing hopium that $BTC is going to go to 50k and above any time soon.

It's time for a thread explaining why this is not the pattern you're looking for. 🧵 2/ First of all let me reference this tweet.

People like patterns, naturally. However this is not how markets work. The algorithms do not deliberately build patterns into the chart. It's all about inducing liquidity into the wrong side of the market.

https://twitter.com/Crypto_MM_/status/1515921816652558338?s=20&t=Gs-Cgk7T-cvFUtbnp3V9Pw

Rejected from 41261. Want to see 40700 and possibly 40500

https://twitter.com/Crypto_MM_/status/1516206555796021248

Should have probably said at the time - but i'm only looking for a scalp. Cus i'm tired af.

I hate charting $Alice but my god the high timeframe charts look amazing.

- Bull VCR on the weekly vs Bitcoin
- Red vector (could turn green) at the lows into a FVG on the daily on the vs USDT chart and a pink one on the vs BTC chart into a FVG
- 12hr bull VCR on vs USDT Current price is $6.48.

I still believe this can reach $100+ this year. Game launches this quarter.

I have a thread on why I think it can reach these lofty heights

https://twitter.com/Crypto_MM_/status/1455770136363900933

From studying the best PA traders and watching the charts myself I can tell you this:

The following patterns do not exist:
- Bear flags
- Bull flags
- Triangles
- Diamonds
- Wedges
- Pennants

Ms and Ws do exist. The rest are bullshit.

You’re only ever in a range. Trend lines are also bullshit

If these things are what 99% of traders first learn and most traders lose then do you think they’re reliable?

The algorithm does not intentionally create these patterns

All it is ever doing is selling at a premium or buying at a discount

📢 A thread for beginners/those looking to learn more 📢

1/ Sometimes I feel like not sharing this because it has so much alpha that if everyone watched it then the edge would be ruined, but tbh that's not fair and everyone should have a fair shot

youtube.com/playlist?list=… 2/ If you haven't - this is a must watch series. I've watched it over the past 4-5 weeks and it blew my mind.

It was why I had such confidence we were going to reject 48k hard

1/ New Weekly Bitcoin thread

Last week I read Bitcoin terribly. The good news is that over the past two weeks I’ve learnt more than ever.

We just received a lot of high timeframe Bear VCR alerts in the Telegram. Here are my thoughts on Bitcoin at the moment 2/ Plus there was a 4hr bear pdi when we reached these levels

Bitcoin Thread W/B 13th March

1/ There’s no point in trying to trade PA like this weekend. It’s designed to chop you up. We’re in the middle of a range. MM is deliberately trying to get retail traders into bad positions

My personal areas of interest are: $36800, $44.5k and $47k

https://twitter.com/Crypto_MM_/status/1502288528176263175

2/ Looking for a 3 tap bounce for a long position around the Fair Value Gap at 36800 and possible shorts at mid-high 40s where a manipulation tap of the highs/false breakout could occur #bitcoin $btc

A Thread: Sun/Mon False Move, Thursday NYC Reversal

1/ I've talked about this a number of times, but never really went into detail, so let's do it. 2/ To begin the week we often see a False Move on Sunday and/or Monday as MM marks up price/marks down price according to how they're going to take profits on the movements during the week.