Mock Up Price Action for BTCUSDT | Mid-Long Term (1W)
Mock Up Price Action for
BTCUSDT
| Mid-Long Term (1W)
- Watching and waiting for opportunities to enter short
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Additional Remarks
I believe we're on the cusp of our pre-halving event for BTC (~April) market correction. We've had a phenomenal bullish run up until this point and it is time for a healthy pullback moment. This will mark the last buy in, enter the market, opportunity for crypto before a truly spectacular bull run and cycle plays out. In preparation for this moment, I've picked my top ~30-40 altcoins and allocated funds within limit buy orders staggered at pull back prices for each. For the moment aside from my long term bags and holdings, I am liquid and simply lying in wait for opportunities to buy in and accumulate further. As a hedge against the market under pullback correction type conditions, I've already been slowly accumulating micro caps that haven't had much of any activity and are sitting at long term support levels and lows (My top pick being
BAXUSDT
). In anticipation of a correction period I've also begun nibbling with small low leverage short positions and limit orders to short for coins that have had monstrous runs and could stand to fall back down to earth for a little while like
INJUSDT
LINKUSDT
SOLUSDT
1000BONKUSDT.P
and so on.
BTCUSDT
| Mid-Long Term (1W) - Watching and waiting for opportunities to enter short
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Additional Remarks
I believe we're on the cusp of our pre-halving event for BTC (~April) market correction. We've had a phenomenal bullish run up until this point and it is time for a healthy pullback moment. This will mark the last buy in, enter the market, opportunity for crypto before a truly spectacular bull run and cycle plays out. In preparation for this moment, I've picked my top ~30-40 altcoins and allocated funds within limit buy orders staggered at pull back prices for each. For the moment aside from my long term bags and holdings, I am liquid and simply lying in wait for opportunities to buy in and accumulate further. As a hedge against the market under pullback correction type conditions, I've already been slowly accumulating micro caps that haven't had much of any activity and are sitting at long term support levels and lows (My top pick being
BAXUSDT
). In anticipation of a correction period I've also begun nibbling with small low leverage short positions and limit orders to short for coins that have had monstrous runs and could stand to fall back down to earth for a little while like
INJUSDT
LINKUSDT
SOLUSDT
1000BONKUSDT.P
and so on.
Comment:
Either we have a last crazy impulse to 50k or we bounce back to 45k slowly turn then die.
Comment:
This is what I'm feel'n
Comment:
Comment:
Comment:
