User0511

User0511

Keep it simple, we are heading into dangerous territory here from a macro standpoint. IF there was ever a time to start playing defensively, it is now. Get some cash ready for the buys, it'll be quick but brutal. But, you may just set yourself up for an early retirement if you get this right.

User0511

Take your chart of LOG pls, the HTF trendline is still in play, lining up with daily belt bullish roof AND a Market profile monthly gap. 52k is in play, it will be a sharp bounce and the bottom. Current trading is a bull trap until proven otherwise. I cant help myself (: GL!

User0511

Similar to the bounce in September, price got to belt middle (on fast setting) and also in line with the Monthly POC. NOW, the monthly POC and belt middle JUST SO HAPPENS to be lining up together again, now also with the additional bonus of a pullback trendline. This would be a massive green candle either today or tomorrow to reach this level, I don't have much...

User0511

LONG TERM, we are rertracing to 52k. On that journey, these squigglies are when I am setting orders. 3 shorts above, 1 long below. Nothing complicated. If the long triggers, looking to close that on a bounce towards the shorts. GL (:

User0511 Updated 

Time for the last flush. I'm trying out some indicators from SpacemanBTC, give them a look! The green belt is his asteroid tool, and the other grey/orange bars are his spacetime market profiler. ATM, I am looking at the long term trend line (seen in red) which has stuck pretty well since SEP, and it just so happens to coincide with the green belt. Key bounce...

User0511 Updated 

Greetings, I have closed a few long scalps here, felt uneasy taking them, giving me a slight (SHORT TERM) bearish feeling. Started to see some euphoric events happening on the timeline, quick flush to gather the profits for larger holders to rotate back into majors for NOV. Expect to see price potentially reach up to 62k area, getting rejected by the 3 point I...

User0511 Updated 

I don't make the rules, but probability is edging towards a correction here; whether short term or long term -- it doesn't matter. - Back in range before the May 21 big dump, LOTS of orders are being filled up here. - RSI in an overbought zone, not that big of deal tbh because if can stay like this for a while. Still, worth noting. - As per the red arrows, volume...

User0511

What is happening right now has such a similar structure to (1); the previous 2020/2021 runup. Now look at the same smaller structure completing in 2? It is honestly just an observation that could be quite funny if it continues to follow as it previously did, which would mean we are meant to go down. If it did happen, it would be scarily obvious that...

User0511 Updated 

As the title says, should BTC test new lows, alts will bleed quickly and you'll want to try get filled on those wicks down. Worst case, they dont get filled OR they get filled and it sinks way lower than we assumed (stoploss in place for this). However, if they get filled, just look at selling the bounce. Nothing to complicated here, just prep for a potential...

User0511 Updated 

Looking at a final rejection of the Bollinger Band centre, around 47.9k-48k. Tight stops here are crucial, if this is indeed a range/bull trap, this trade could prove lucrative and further add to a bearish bias. DONT bank on it, with the current momentum may push it well up past this stop, but the dance with 48k is what really matters here. Entering with a small...

User0511 Updated 

As the title says, should BTC test new lows, alts will bleed quickly and you'll want to try get filled on those wicks down. Worst case, they dont get filled OR they get filled and it sinks way lower than we assumed (stoploss in place for this). However, if they get filled, just look at selling the bounce. Nothing to complicated here, just prep for a potential ...

User0511

Here are my thoughts as to how this could POTENTIALLY be a deadcat bounce similar to 2018. (Using the numbers as per where they sit on that chart): 1.) In 2017, the price of BTC bounced of the 50MA and started its run back up signalling a potential reversal, however, as the volume shows it is not driven by the same kind of volume previously in the 2017 bullrun,...

User0511 Updated 

Using a very old school and simplistic approach... BTC is currently rallying a low volume. Even lower than what initially began the last big run up past 60k. Just seems abit fake here is all. My money is on this all being a fake bounce, and everyone is truely in believe we now continue on towards to ATHs. The most unpopular opinion here is bearish, so I'll...

User0511

IMO, we just gonna chop for a bit. Heading back to a macro trend though with 50k lining up to be the support/bounce. I'm sitting this one out for now. peaceeeeeeeeeee xo

User0511

Order down at around 44700, it'll be a quick wick and bounce. We're still macro bullish imo. EZ monehhh

User0511 Updated 

LARP ANALYSIS CONFIRMS THIS WITH TRIANGLE BREAKOUTS AND ELON SUPPORT LINE BOUNCE. Nah But seriously.. next 12-24 hours will be a ride.. blood in the ALT/BTC streets for sure. ANYTHING THAT DOESNT BLEED IN THIS INSTANCE IS WHAT YOU SHOULD BE PLACING LONGS ONNNNNN. enjoy wassiepests

User0511

EZ money, hate on me for the shit quality of this but it is what it is.

User0511

Bulls need to step it up to recover from this breakdown. Will see this unfold later I think. SUPER SHORT TERM here.