To keep it simple this is what we want to “hold”, HTF support for both and good timing with tagging and holding it during FOMC yesterday. Break down below these and it’s very bad imo
❤3
Farzad
Gonna long BTC half size here at $75,888, will wait to see if we close above $76K to add the rest. Crypto showing strength against equities. Press conference over as well. Invalidation at the lows for now: $74,800
Rejected the big range lows again. We didn’t really get a crazy move up from the lows on BTC versus some good moves on alts. I don’t wanna TP it but just gonna move stops to B/E and let it ride, price is up only like $400 from our entry.
Reclaim $78K and I’d look for swing longs and be comfortable with that Wednesday low being the true bottom on this move.
Reclaim $78K and I’d look for swing longs and be comfortable with that Wednesday low being the true bottom on this move.
❤2
Farzad
Rejected the big range lows again. We didn’t really get a crazy move up from the lows on BTC versus some good moves on alts. I don’t wanna TP it but just gonna move stops to B/E and let it ride, price is up only like $400 from our entry. Reclaim $78K and…
Glad we didn’t close it 🫡
Up basically ~2% from entry now. I’m gonna just hold but if you’re up good take some off. Stop loss at b/e
Up basically ~2% from entry now. I’m gonna just hold but if you’re up good take some off. Stop loss at b/e
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Watching ETH here again at range highs.
Longing ETH here $2553
25% size for now since we already have good move up today
SL at the lows $2,358
Longing ETH here $2553
25% size for now since we already have good move up today
SL at the lows $2,358
❤2
Farzad
Watching ETH here again at range highs. Longing ETH here $2553 25% size for now since we already have good move up today SL at the lows $2,358
Up nicely already, looks so good. Hopefully not a fakeout again. Will be easy move to $3K
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Moved ETH sl b/e also. Could see us get a small flush today and/or over the weekend with how much ppl leveraged today. So rather be safe on ETH and get a better entry if that does happen.
GM!
All 3 of our longs, BTC, ETH, HOOD all in profit. BTC the most of course. We have some consolidation now hopefully before the next move up. It’s nice to see after an extended move that we don’t just insta retrace.
The last highs around here were in May at $82.2K and the next big area of resistance is $90-93K IMO. Looking to hold the BTC long till then but as for ETH I am not sized up as much as I want to be so I will most likely add and update here when/if I do.
Worst case scenario is us trading under $75K again, that’s when I would close all longs.
Also with ETH breaking out I would pay attention to ETH beta coins, my favorite right now being ENA, I already have spot from before but I think this one will do good short term. Other examples of ETH beta: LDO, ENS, ETHW, PENDLE, PEPE (meme wise)
Have a good weekend boys🤝
All 3 of our longs, BTC, ETH, HOOD all in profit. BTC the most of course. We have some consolidation now hopefully before the next move up. It’s nice to see after an extended move that we don’t just insta retrace.
The last highs around here were in May at $82.2K and the next big area of resistance is $90-93K IMO. Looking to hold the BTC long till then but as for ETH I am not sized up as much as I want to be so I will most likely add and update here when/if I do.
Worst case scenario is us trading under $75K again, that’s when I would close all longs.
Also with ETH breaking out I would pay attention to ETH beta coins, my favorite right now being ENA, I already have spot from before but I think this one will do good short term. Other examples of ETH beta: LDO, ENS, ETHW, PENDLE, PEPE (meme wise)
Have a good weekend boys
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❤4
Farzad
Moved ETH sl b/e also. Could see us get a small flush today and/or over the weekend with how much ppl leveraged today. So rather be safe on ETH and get a better entry if that does happen.
Theres the flush 🫡
I’m gonna wait for the new week to bid stuff / let this settle. ETH long will probably hit SL at breakeven but that’s fine
I’m gonna wait for the new week to bid stuff / let this settle. ETH long will probably hit SL at breakeven but that’s fine
GM not much happened overnight price-wise, however tensions are rising again in the Middle East.
https://x.com/FaytuksNetwork/status/2101431340256178397?s=20
https://x.com/FaytuksNetwork/status/2101431340256178397?s=20
X (formerly Twitter)
Faytuks Network (@FaytuksNetwork) on X
REGION-WIDE ALERT: The US State Department is issuing security advisories through its STEP program in multiple Middle Eastern nations.
We have seen alerts issued in 9 countries so far.
We have seen alerts issued in 9 countries so far.
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Also weirdly seems like NATO & Russia escalations at the same time. Ofc great timing with us going into range highs and both of these things coming back. Will expect increased volatility in the markets with all this coming up again. Will wait and see how futures opens later today based off the news
https://x.com/Telegraph/status/2100979752764928460?s=20
https://x.com/Telegraph/status/2100979752764928460?s=20
X (formerly Twitter)
The Telegraph (@Telegraph) on X
Vladimir Putin is preparing to escalate his war against Ukraine, which includes attacks on Kyiv’s allies in Europe.
Western intelligence officials believe the Russian leader is laying the ground …
Western intelligence officials believe the Russian leader is laying the ground …
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Amazing weekly closes for both BTC & ETH. ETH long going good now too, pushing for new highs.
Trying to not over-manage the current longs since we’re already in from way lower, especially for BTC. I want to hold in assumption that the bottom was in on Wednesday. Let’s see what this week brings 🫡
Trying to not over-manage the current longs since we’re already in from way lower, especially for BTC. I want to hold in assumption that the bottom was in on Wednesday. Let’s see what this week brings 🫡