Forwarded from 🇩🇪 Crypto Germany | CryptoGermany | Krypto Deutschland 🇩🇪
My favorite line regarding trading/ When we learn something new, we learn 'basic' first not because it is the easiest, but because it is the most important. Masters in every field defeat thier opponents only with basic skills. An excellent debator can defeat his opponent with a single logical sentence. A professional killer doesn't need all that fancy weapons with expensive silencers. He just needs a rope. Likewise, this applies to learning trading. Don't heavily rely on using technical indicator. It is always best to master candles and feeling market sentiment
Eth formed a range, which and started to fill an area of inefficiency (impulse move down). Trading it from Discount to premium zone and vice versa until this move is exhausted and market moves on. 3.25 R Trade.
We Are Ready ?
Whats Tutorials You Need ?
COMMENT ANY 1
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Finding Support & Resistance
How to analyse Volume
Candlestick Analysis
Order Blocks
Breaker Blocks
Under Over - Double Confirmation
Price Inefficiencies (Gaps)
Range trading
Breakout Trading
3 Push Reversal
Identifying a Short Squeeze
Chart Patterns
Whats Tutorials You Need ?
COMMENT ANY 1
--
Finding Support & Resistance
How to analyse Volume
Candlestick Analysis
Order Blocks
Breaker Blocks
Under Over - Double Confirmation
Price Inefficiencies (Gaps)
Range trading
Breakout Trading
3 Push Reversal
Identifying a Short Squeeze
Chart Patterns
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Elites Are back Again To The Game
FOMC Meeting Is Ahead !
Lots Of Money Gonna Grinding Today Our Elite Team Is Ready For Trade Setup !
Trading on these days is not recommended since they are not very technical. Only for more expirienced people I guess But We Are The Elites
We are Ready To Print As Much Numbers In Trading
Countdown Started !
Fix the gambling mindset that
--> Do You Know ?
The 2 mindset shifts you must make to succeed
How to Lose FOMO FOREVER
How to Kill Revenge Trading FOREVER
Become Impossible to Liquidate
Risk Management Basics
8 things I wish I knew when I started trading
Risk Management Deep Dive
Trade Management
No ?
Dont Worry We Are Ready To With Great Top 5 Traders To Print Money On FOMC Meeting
FOMC Meeting Is Ahead !
Lots Of Money Gonna Grinding Today Our Elite Team Is Ready For Trade Setup !
Trading on these days is not recommended since they are not very technical. Only for more expirienced people I guess But We Are The Elites
We are Ready To Print As Much Numbers In Trading
Countdown Started !
Fix the gambling mindset that
--> Do You Know ?
The 2 mindset shifts you must make to succeed
How to Lose FOMO FOREVER
How to Kill Revenge Trading FOREVER
Become Impossible to Liquidate
Risk Management Basics
8 things I wish I knew when I started trading
Risk Management Deep Dive
Trade Management
No ?
Dont Worry We Are Ready To With Great Top 5 Traders To Print Money On FOMC Meeting
❤3👍1
Wed 26 Jul - Daily Levels Summary
Covering:
- BTC
- Looking at the alt market
- FOMC lookahead
- Plan for today
Checkout At : https://t.me/+d8aQGaTVa1AyMjk1
Covering:
- BTC
- Looking at the alt market
- FOMC lookahead
- Plan for today
Checkout At : https://t.me/+d8aQGaTVa1AyMjk1
BlockMap | Announcement pinned «Wed 26 Jul - Daily Levels Summary Covering: - BTC - Looking at the alt market - FOMC lookahead - Plan for today Checkout At : https://t.me/+d8aQGaTVa1AyMjk1»
Bear case:
Distribution was confirmed, dumb money most definitely kept longing 30k and are without a doubt puking now. Also, any traders who caught the pump from 25k but did not TP are likely scrambling to TP. That is alot of sell pressure that can spiral.
I believe this downtrend will be the FINAL capitulation for dumb money before the inevitable run to 40-50k this year. Looks like big players want to fill their bags up again anywhere from 24200-26300. This would mean we have a summer that is HTF range bound. It will look like BTC is dead, but really it will be your last chance to increase spot holding. I will be increasing my spot holdings as much as possible at the range low. Do what smart money is doing.
Can we make it to 24200-25300 again though? Yes this is range low and there is lots of liquidity there, but will the market offer another retest of the 9 month Wyckoff accumulation? I am not so confident, as I believe there is huge demand. Therefore 26300 may be a more suitable target, which is the lower end of a daily OB and would fill in the inefficient move up.
Bull case:
We reclaim the range and confirm a spring/ bear trap. However bulls are running out of time, and some would argue have ran out of time to complete this move. Therefore I do think this is least probable.
Both cases are bullish when you look at BTC long term, and the bearish case offers maximum opportunity, and that is how smart money thinks when accumulating.
Distribution was confirmed, dumb money most definitely kept longing 30k and are without a doubt puking now. Also, any traders who caught the pump from 25k but did not TP are likely scrambling to TP. That is alot of sell pressure that can spiral.
I believe this downtrend will be the FINAL capitulation for dumb money before the inevitable run to 40-50k this year. Looks like big players want to fill their bags up again anywhere from 24200-26300. This would mean we have a summer that is HTF range bound. It will look like BTC is dead, but really it will be your last chance to increase spot holding. I will be increasing my spot holdings as much as possible at the range low. Do what smart money is doing.
Can we make it to 24200-25300 again though? Yes this is range low and there is lots of liquidity there, but will the market offer another retest of the 9 month Wyckoff accumulation? I am not so confident, as I believe there is huge demand. Therefore 26300 may be a more suitable target, which is the lower end of a daily OB and would fill in the inefficient move up.
Bull case:
We reclaim the range and confirm a spring/ bear trap. However bulls are running out of time, and some would argue have ran out of time to complete this move. Therefore I do think this is least probable.
Both cases are bullish when you look at BTC long term, and the bearish case offers maximum opportunity, and that is how smart money thinks when accumulating.
👍1
BlockMap | Announcement
Bear case: Distribution was confirmed, dumb money most definitely kept longing 30k and are without a doubt puking now. Also, any traders who caught the pump from 25k but did not TP are likely scrambling to TP. That is alot of sell pressure that can spiral.…
market been so weird for me that iam not trading, but iam seeing that the bear case as you said is the most possible.
my system has been bullish for a while now but the bear force has been rly strong, so iam not trading since everything is messed up on my view and system.
today iam looking into confirming what i think is the last downtrend as you said, BTC 4H tried to break a resistence while positive in some of my indicators, but by looking at the volume either by RSI or VRVP the bears are going all in.
my expectations are that we will stay in this trend until the next bear signals start to appear almost hitting 28400 which was a resistence peak on daily chart, but until this last bear downtrend i wont be trading
my system has been bullish for a while now but the bear force has been rly strong, so iam not trading since everything is messed up on my view and system.
today iam looking into confirming what i think is the last downtrend as you said, BTC 4H tried to break a resistence while positive in some of my indicators, but by looking at the volume either by RSI or VRVP the bears are going all in.
my expectations are that we will stay in this trend until the next bear signals start to appear almost hitting 28400 which was a resistence peak on daily chart, but until this last bear downtrend i wont be trading
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With FOMC and powell speach BTC can squeeze up to grab liq before another leg down .
i dont expect that much since bear volume is really big on 29800, i think it may not even get there . Lets See
i dont expect that much since bear volume is really big on 29800, i think it may not even get there . Lets See