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Leverage shorts need to be prepared for a deadcat. Shields up as the RSI creates similar bottoming patterns. Scalp long here

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Looking for 2 plays. Looks like BTC has found a temporary floor as MicroStrategies supported the price with it's latest purchase. I'm in it for a long due to this support. More than likely a slow grind up with selling pressure to increase as we near 56K.

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ETH has that toppie look written all over it. Good day yesterday after several days of failing to ride up with BTC. But it seems it's taking more of BTC's downside then it's upside lately. It looks tired....zzzzzzz If she pops up I'm taking her short.

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Markets all around are looking quite weak as BTC failed to reach the 55-56K level and the S&P has bearish signs. Seeing some good pressure here that may brake the first trendline support as the bulls aren't able to pull up and away from it. The key support area would be the 48K, which I don't believe will be broken soon. But Elon is becoming old news and 50K...

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WOW! 50 BIG ones! I've been trading crypto for almost 4 years and I did not think this would happen! Game changer.

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Markets recovered nicely from yesterdays drop. What's next? BTC is at a pivot point which will be the deciding factor for ETH. Based off the last drop, we could see a +20% pop up, which would lead us right to the target price of 2K. Perfect setup?...Too perfect?...let's wait and see.

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Big recovery from the big orange guy last night. As I've stated in my previous posts, the 12/26 MA are narrowing, but have yet to cross paths to show a clear pivot point for a correction. There's 2 options; UP or DOWN. New ATH or Head and Shoulders setup. Bears lost a lot of control from last nights drop. Late 10x shorts from yesterday will have a liquidation...

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We are finally into the zone where traders will start loosing a lot of trades. Both Bears and Bulls are highly fragile at this moment and this is where the R:R doesn't not make sense to get into a trade without a confirmation off a break. As you can see, the range gets smaller and there is no point in high risk trading when the return is this low. Sit back with a...

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I ended up closing my short from my 49,875 target. It felt great having the target hit within 10 points and having a perfect long and short entry through this entire 2K leg up/down. But AGAIN, things are back to forming a third structure similar to those since Feb 9th. This is where i start thinking its distribution. As we near the weekly close, I'll be watching...

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The earlier entry based off the MA crossing of the fractal worked well now that we have broken trend resistance. Confirmation on the 1H is nearing and will happen. Still a lot of work ahead, but I believe this move will give at least 5% return. This will bring us up to 49,875. Thereafter...expect a hell of a lot of sell pressure. But like I said in my past posts...

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I've been seeing too many 40K posts for dip buying. This made me look at another path, because that buy zone is too crowded, just like 50K sell zone was leading up to this ATH. I'm looking at the faster moving averages on the 1H and comparing them to the latest drop a few days ago. We've just now tested the 12 MA below resistance. If BTC does not drop past the...

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Hit yesterdays call nicely to break out of the downward channel. The best part?.... Shorts are now pressured. Those who 10x yesterdays selloff low will have a liquidation price around 50K, that's when we can get the full force of the short squeeze. Those smart enough closed the shorts and sent the price up to a new ATH this morning. But those still holding will...

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Trying to chart out a possible path now that we have a somewhat "bottom" from the selloff. The thing that stood out the most is the corrective channel we seem to be in. Targets match up quite well. There's resistance above now (of course), but it might help for a buy opportunity if a double bottom forms. Sticking to scalps until a bottom is confirmed or if we...

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Of course no trade is an easy trade! Bulls held tight today above support. We'll see what happens this evening during lower volume, but it does look to be a continuation pattern has now formed as we near the 4H closing. Maybe the larger pullback might just have to wait...

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Well it looks like BTC was unable to get away from the selloff from last night. The intraday supports are being broken. Signs of the top are written all over the charts. Simply put, we'll see a little pullback. 42K? Maybe more? There are a lot of leverage longs to be liquidated and a lot of shorts to add for the fuel for another leg higher. This is what we call a...

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Lower timeframe support has been made and tested! Next test is to wipe the H&S formation by testing the high. Due to yesterdays strength, I do believe we can easily smash it and get closer to 50K. Just keep in mind that sellers are looming above this point. As yesterdays news fades, so will the hype. In the coming days we should now start seeing drops to trap...

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Closed my long due to BTC sell pressure, but ETH is still holding above 1800. Making support above the channel would be ideal for 2K. However, TD, channel resistance and if BTC pulls back some more, it may have some trouble getting over to the other side of the tracks.

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ETH was quite modest during this rally, but it is still an alt and BTC dominance rocketed. We should see in a few hours if ETH pumps to catch up. This maybe just the moment to hit the 2K.