$SHIB HTF
Connecting the dots
-Wyckoff within Wyckoff in play.
-3D Candle closed above POC
-BTC.D Topped.
-No valid Wyckoff distribution model in HTF
-Very established coin, people already know it and are likely to heavy FOMO in.
-Forming a nice 2D bojan low.
@Wyckoff_Insider
Important month for $BTC.
Why? Because we are likely to be in the manipulation phase of the market.
The only way to invalidate this idea is if $BTC monthly candle closes above $120,500 with strong volume.
One last push up for $BTC and I that is where the cycle top will be.
Update on $SOL Short:
I am liking a new range for $SOL.
This range is much cleaner. To invalidate this idea, $SOL will need to close above $226.35 in the 5D time frame.
I have de-risked and taken some profit from my short position earlier.
x.com/Felixxx_on_sol…
Update on $SOL Short:
I am liking a new range for $SOL.
This range is much cleaner. To invalidate this idea, $SOL will need to close above $226.35 in the 5D time frame.
I have de-risked and taken some profit from my short position earlier.
x.com/Felixxx_on_sol… https://t.co/P0ewPSF80q
$SOL
I entered a 42RR short position, risking only 1%.
Solana has traded in this range for 83 days. It finally deviated the range high. I entered on the BOS with BTC confluence.
I believe Solana will retest supply, so I’ll derisk my position and add to the shorts.
$PENGU
Took this trade, got stopped out.
Why?
1) Was in a confirmed TCT Model 1 Accumulation.
2) Entered in a really bad BOS
3) No confluence with $BTC or $USDT.D
What could I have done better?
1) Check for accumulations MTF
2) Check for confluences with majors.
$PUMP
Forming a strong TCT within the TCT distribution model.
I want the second TCT Model to be a Model 1 to mitigate supply.
RTZ developing well. Alerts set on this chart.
Journal Entry:
$APT LTF Accumulation
Q: Why a confirmed #TCT Model 1 did not work in this setup?
I saw this setup; I did not take it.
This is why:
1) $BTC and $USDT.D mid range = No confluence
2) $APT Confirmed MTF range, thus this was a range EQ setup = LPS
CONTEXT IS🔑
Trade Pre-Plan: $APT
HTF: Confirmed Model 1 Accumulation.
MTF: Confirmed a range, I want to see signs of accumulation in this range enter the swing long.
Deviation in the extreme demand zone is good healthy signs on accumulation.
LTF: Low probability setup in range EQ.
$USDT.D
$USDT.D Confirmed the range.
Would like to see a distribution model in play, with confluence to BTC accumulation model.
If that happens +1 for longs and already accumulated alt pairs.
📷 $BRETT
Cycle top on BRETT might be in. We are at the EQ of the local range, extreme discount of the big range.
I do not see this project making new all-time highs this cycle.
If it does, good. Congrats.
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