That's a good one That doesn't mean that there is no posibillity to make another leg. Remember we chasing reversal on an uptrend Is it risky?Hell yeah that's why our stop losses are very tight.You might see this position to close multiple times but believe me this plan will pay off goood.. After VWAP be rejected leverage goes to 5x After TP reached we turn it on longs. If this model will play expect at least 2 days.As longs need to be observed And yeap.Boyz protecting their capital and absorbtion has been confirmed Our target is 0.125
The simplest and practical way to understand where BTC is heading is to identify very well 3 things. And i almost guarantee you will print money. 1st understand where liquidity is. This by itself put you in front by far of 90% retail traders.Why? Cause simply retail going after support and resistance, You?you going after liquidity.
2nd Understand futures direction. Where are the big boyz betting to? Cause believe it or not they know better.Why because they dealing with millions and they will do whatever in order to protect their capital, so they will spend days to find out the direction.Their positions are opened for weeks not days.
And 3rd and the most important to understand the mechanics of Crypto.What causes the price to move.Why it revisits resistance before continuation? And how liquidations are working and why?
And the most important risk management, give some space to your position to breath cause very high leverage tighten your possibilities.Don't watch some posts that make 300-1000% profit, They using only 1 or 10% of their account.They going after RR to impress you with their results..Your job is to make money not following some random guys.
Is it hard to learn all this things?Hell yeah, but ones everything will start make sense that is the moment you identify your growth..
Believe it or not then you will have that 1% mindset.
And the most important let time to work.No force trading,No emotional momentum,
Hope this will help you in the future to become profitable.
First 2 green (liquidity) collected. This move had been expected. Plan now for shorts to get trapped.. Of course they blame some trades which make no sence for the crypto market. Main fact right now is that there is no balance between longs and shorts as longs has been liquidated (most of them).This what usually happens in a move of 6%+. Another strong fact is that under this level there is ton of liquidity to be taken but first resistance need to be sweeped before the downfall. This moments pays you or destroys you.So think twice before open any direction and ask yourself why should you open a position.Retail traders always loose $BTC
I see lots of blood here BTC loves the fake breakouts on weekends And now is heading after 96600 zone Before continuation to the downside resistance need to be retested. Always does this paterns Don't expect BTC to drop straight away as market is not balanced yet. This is literally free money $BTC
$FHE Lange Halter befinden sich in einer sehr starken Position.📈🐋 Da Wale immer noch nicht verkaufen, bedeutet dies, dass der Markt möglicherweise etwas höher steigen könnte. Ein Crash ist jedoch jederzeit sicher, also handeln Sie mit einem gesetzten Stop-Loss (SL). TP:0.13-0.15 SL:0.09
Der Preis wurde optimiert, Hohe Liquidität wurde festgestellt sofortige Maßnahmen wurden ergriffen Shorten Sie FHE nicht, da jeder Verkäufer von einem Monster absorbiert wurde! Und Leute, bitte verwendet keine Orderbücher als Leitfaden..
Here is the plan for next week. Cause sellers seems to be more aggressive than usual market will be bearish so don't expect any crazy pumps. Our plan for next week is to go after that liquidity. We did opened 30% of our account with not so aggressive leverage. If price will hit out TP during weekend good.Then our next open orders will be up on the top waiting. Our TP target is logical for the conditions 94000. Why our next order is higher than the higher high?Clearly cause market loves to make face breakouts or sweeps $BTC
Alright guys here is a perfect example how to identify pumps and dumps..Ands how to identify them before it happens.. When you see unreal high liquidity without has been taken ignore at all cost. Even if a coin will 50X remind to yourself that potentially your account will see another day. That's how you can identify a manipulation