Crypto Bravehearts

2022-06-14 09:01:21 What I think & I’d do : first of all ,normally I’d start to build longs from here . BUT ,very very cautiously ,the safest thing would be to wait for some confirmations & seeing some reversal signs first . Why ? Because things may surprise us ( no matter how ) ,that’s why we don’t shouldn’t guess& hope what will happen ,but to have our plans and react based on our triggers . I’ll share some charts ,mostly swings ,because on ltf if I share a setup ,and btc moves in either direction ,would be useless ) .
Tomorrow’s FOMC also important ,to confirm the CPI & get things worse ,or trying to reanimate the market & create from this drop another mega fakeout and big reversal ( I know ,this is the most optimistic scenario ,but you saw the covid crash & reversal ,& many others manipulations ) .
So ,continuing to see a longer bear market ,this is the bubble burst ,big recession and the top is in ,as stocks keeping printing lower highs/lower lows .
Or finally market will find the bottom and start to see new green weeks/months then ,being pushed by FED .
Or a ranging market ,bouncing locally & then more choppy PA

3 scenarios ,ready for all . Normally here most of strong altcoins are looking bottomed ,or anyway sitting on the strong htf supports ( or near ,with maybe max -20/-30% left to wick down & bounce ) ,so would be a great start to enter/build positions ,”defended” by watching stocks & btc’s chart - I mean if you see losing local support ,can exit & re-enter your alts only after seeing btc’s bouncing and holding the local support . That’s I’d do .
BUT - never blindly ,if you’re not experienced & you’re can’t manage positions ,and you prefer to focus on swing trades ,then strong FA projects are the play - keep in mind ,big supports can always be lost if btc will do it as well . Altcoins count 0 if stocks ,then btc ,will not bounce . But if the local bottom is in / is near ,then is ok to consider some of these alts shared on my watchlist.I’ll update later as always Open / Comment

2022-06-13 09:50:29 Again - below our mentioned level . No reason to close my shorts for now . On the ltf view & fast scalps plays,only after reclaiming it as support . On macro levels ,shared above what’s my view . Open / Comment

2022-06-13 08:21:45 Not rushing ,obviously. But BTC price went to my lowest & main liquidity level I was watching (& shared here previously)

Big profits for our short positions But what next ?

First of all - not rushing. 2nd - if longing ,(even if only for scalping) but ONLY if gaining again momentum . Will be that easy? I don’t think so ,as it’s below 28.7k-30k ,we’re in the danger zone (ONLY after flipping again 30/31k into support - means closing above on the daily/weekly ,then retesting on lower timeframes & bouncing strongly with volume - then I’ll be again confident & feeling safer on most of my long positions)
Means I’m not longing anymore ? NO ,scalps will be always on my plays ,but talking macro especially.
Wednesday FOMC meeting - very important to consider if more blood (or not ,but needing Jesus to help here ,a really big fakeout below 30k & then reclaiming strongly- that would mean ,if & when will do)
So if you see the ltf chart on btc ,25338 is my KEY level right now. For now did what I’ve expected ,fakeout below ,bounce above + retest on ltf & bounce again . That would mean longs at that point on ltf (for btc but also on some altcoins) ,but very very very cautiously,as my only defending point is that level. Meaning entering a long on here above 25338 (in btc & some alts ) especially for scalps ,I’d do with all my SL right below / if losing it ,so very very tight . We need very low/ approx 0 risk in such situations. Not catching knives without a strategy ,and that’s my plan . Trying to anticipate a crazy reversal ? Would be really crazy as now bears are on total control ,but also I’m managing at this 25338 my longs , only IF this will hold as support. If lost ,DEFINITELY NOT INTERESTED.
So ,if you’re not a experienced trader ,then play the swings ,if you want a SAFER swing scenario ,then ONLY AFTER RECLAIMING 30k-31k into support . If you are more experienced and you’re playing scalps ,then consider what I’ve said above (&trade based on that) Open / Comment

2022-06-13 08:21:42 Fakeout below + bounce & retest ( on lower timeframe ). May be just temporary then back below ? Or not ? We’ll see based on how PA ( price action will develop here ) Open / Comment

2022-06-10 18:15:11 Just remember this scenarios , for long / short entries . Fakeouts above/below the levels you see , and if then retest the supply/demand and getting rejected/bouncing , is all you need as confirmation of you long/short entry #btc Open / Comment

2022-06-10 16:49:08 Very important guys ,regarding how to manage positions (read what we did with the last short on waves) , longs/shorts , how hedging and how to have a plan on both ways , but still have a winning position and be in the game Open / Comment

2022-06-10 15:52:07 CPI day today ,that's why volatile day ,also weekly close for the markets , so careful especially with scalping trades. Next Wednesday is FOMC , which I think will be decisive for the next weeks trend Open / Comment

2022-06-09 22:05:30 this is still important for me ; #spx needs to flip 4170 to see green and have more confidence ; btc & crypto highly correlated with stocks; until then , we play our trades ,but cautious and with SL obviosuly

Flip 4170 - above
Lose 4050 - down Open / Comment

2022-06-09 21:11:15 #srm needs to flip 1.12 for as confirmation for a potential reversal Open / Comment

2022-06-09 21:09:24 band for ltf long/short Open / Comment