Solokov

Solokov

Hey all, Been quiet for a while pulling down bangers instead of chasing clout & farming sweet likes for my T&A ;) (he says with a wink & a nod to the camera while doing that on twitter/youtube instead) Anyway -here's my meta-perspective of where we're at in the $BTC Market -I'm LONG into the SUCKER'S RALLY - then flipping SHORT when I see signs of losing steam...

Solokov

Self-explanatory - my bet is a wick to 39k. TBD. Gl shooters.

Solokov

Aight well, longing at 10k was actually a great play (so my last post was trash). Here's hoping I can make up for it with some random doodles & a godly call of BTC collapsing to 27k (or lower).

Solokov Updated 

So there's a character limit on these posts & I'ma just type this nonsense out to hit that because this chart speaks for itself, imo. I hope I'm wrong because then my BTC is worth more lol.

Solokov

Now, this would be top tier kinds of neat. Maybe I'm just being cynical though lmao. Tbh, likely see sideways action or more continuation before any "surprising" murder-dumps. Keep an eye on that Open Interest.

Solokov

Wouldn't surprise me if we briefly popped down to 10k's again, moved through that range awfully quick. Price action cooling off & profit-taking through a gradual slide down to the 10k range would make sense, imo. Could be the first pullback on a massive elliot wave, for a run to what, 16k from here? (idk haven't looked at it much). I'm scalping shorts only to...

Solokov

Past doesn't predict the future but we're all still watching trend lines, amirite lmao.

Solokov

Been afk a bit. Neat breakout here. Who hasn't been burned hitching a ride to a parabolic run, only to get stopped out on a random down-spike before continuation? Looking for a wick to 9.8-10.2 if I can get it, mindful of the historic resistance levels. "this time it's different" every time, fam.

Solokov Updated 

Looks like we're at a familiar diving board. Historically, what has happened every time after price plunges from 10k to under 9k? Extended losses. I am unconvinced we're going to continue ranging bullish in any sustained manner, except if we see a random, green spike to kick off some fomo. I still wouldn't trust it though. Hoping for 12k+, realistically aiming for 4k-.

Solokov Updated 

The "halving" was priced in, as always. Still an awful lot of empty space on the chart below the current price. Where does this look like it's going? We set a lower high on larger timeframes. This is not a new diving board. Perhaps the narrative is true though, and we moon to 20-50k?

Solokov

Title is pretty self-explanatory. Simple philosophy; Don't fomo buy the first run-up, set your buys in the down-spike region. Pros: You get in at a great spot (where the liquidations exhaust). Cons: Could always flash crash, lmao. I'm still looking for a 7.7k btc at LEAST. Might not get it though. Careful shooting.

Solokov

Well, a shakeout of the weak hands prior to a massive "halving" fomo bull run would be... interesting. Kinda broke that down trend, could be the last drawback before some fierce gains. I am doubtful, as the collapse to 7k's was delayed by some very odd price action in the orderbooks (unless, of course, retail traders decided to purchase btc en masse at 4am with...

Solokov Updated 

Note the current candle pattern similarities between where we're at now & the June 20th, '19 parabolic run-up. After about a week of ranging & scraping the 9k psychological ceiling, we've finally broken through. Now, I still think it'll revisit the 4k dip (when, however, is a dif story). That said, I do have to consider that this is an irrational & fundamentally...

Solokov Updated 

Short opportunity of a lifetime if this is correct, would be pretty sick. I'd prefer 10k btc tho

Solokov

Here's a quick short scalp trade hypo. Looks eerily similar. Target would be 9048ish. Tight stops on scalps. Might run up to 9.4.

Solokov Updated 

Reiterating these quick doodles just to keep the idea fresh & counter-balance the koolaid. If it wasn't for the halving soon & other factors, I'd be all-in heavy short. I'll be watching for price action to invalidate this, but in the meantime I'd describe my long positions as "puckered." Will be interesting to see how this develops. Awfully quick recovery from...

Solokov Updated 

Macro picture: 3-4 days of rejection at the 9k level? Big oof, not a good look. I'm short here.

Solokov Updated 

Trying to stay flexible, (without driving myself crazy). Here's the case for a bullish breakout: three days of extended sideways action continually testing this upper range of resistance, next stop would be north of 8k.