$IRYS got closed at 0.0473 as I said in my update

+1R booked ✅

The stop-loss and take profits for the trade were shared for Discord members.

You can DM me to join the group.

$BTC

The hypothesis of 90 500$ turning from a resistance into a support got weaker as price made clears wicks below this level, suggesting it is not being strongly respected.

However, it is holding so far and we have a 12-hour close above this level.

The real support level for Bitcoin would rather be 88 500$ with potential wicks just below 87k

Moreover, we see the same the same kind of pattern on the ETH daily chart also.

The upper resistance level for $BTC remains 94 500$. We got a real strong rejection on Tuesday. This should hold for now.

I will now wait for 88 500$ before starting a long.

Good morning

We're up +3.7R so far this month

Will try to not ruin this by taking stupid trades.

Checking the market this morning as always.

Staying patient and waiting for the opportunities to come to me.

🟩🟩 BTC LIMIT LONG TRADE 🟩🟩

$BTC is likely to bounce on this key trendline.

It's been retested multiple times as price currently lags around 90.5k

Trying a long.

ENTRY: 88615
STOP-LOSS: 87158
TAKE PROFITS: Take 50% out at 91430, the rest at 94025
Leverage: 60X

$BTC

BULLISH SCENARIO

This resistance level at 94 000$ can't seem to reject us below 89 000$. It is not very strong.

We haven't had strong bearish candles rejecting price quickly, as it did at the beginning of December.

IF price tries to retest that 94k level immediately, I expect $BTC to still have a small rejection up to 92k before it starts breaking.

Besides that, my plans haven't changed and 88 500$ remains my preferred area for longs.

$ZEC daily chart

Everyone panicked as the team resigned, giving us a 20% discount.

However, Zcash is still trading above 400$ 1 day after it happened

370$ is the nearest support level

300$ is the KEY level, retested multiple times since October on the daily chart, but remains far lower.

$ZEC remains decorrelated from Bitcoin and alts so we're still waiting for confirmation as to where this is heading in the mid-term.

🟩🟩 POL LIMIT LONG TRADE 🟩🟩

$POL is in a strong and steady uptrend.

Using my trend following strategy and trying a long here.

Potential +2-5R gain, manage your risk accordingly.


ENTRY: 0.17045
STOP-LOSS: 0.16372
TAKE PROFITS: Take 50% out at 0.188, the rest at 0.2061
Leverage: 20X

Important UPDATE: I'll be waiting for confirmation before starting this trade. At least a small bounce on the trendline. Cancelling the limit buy on $BTC. Patience is key in trading.

There's something beautiful about the snow ❄️

$BTC

4-hour chart

Bitcoin is now forming an interesting diamond pattern on the 4-hour chart.

Usually, this is more of a trend reversal signal, so $BTC is now more likely to pump a little.

Potentially retesting the upper resistance at 94 000$

I'm not starting a trade right now, because this isn't my preferred set-up.

I prefer to wait until we hit the lows or highs again on the daily chart (88k-94k)

Stop-loss to break even.

$ASTER

I expect Bitcoin to recover in the short term.

That means $ASTER can bounce on this trendline and try a retest of the highs at $0.8

Remains coherent with that diamond pattern on BTC.

Alts mostly follow Bitcoin; the difference is the strength of each impulsive and corrective move.

Good morning

$POL was very close to our TP and is now almost back to break even. Still holding but not expecting much for this trade.

I'll look into the market

$ZEC

If price bounces strongly here, it can establish this area as a KEY support.

It is still too early to talk about this 370-380$ area as a gamechanger.

However, price NEEDS to bounce here in order to avoid being in a downtrend on the higher timeframes

Let's see if this level holds.

This month my goal is to improve my winrate and risk/reward gain.

I"m filtering out all the trades I'm unsure about and keeping only the best ones.

That doesn't mean you should get lenient on risk management or fully rely on my trades.

Risk management is key in any situation.

🟩🟩 WHITEWHALE LONG TRADE 🟩🟩

$WHITEWHALE is pumping steadily since days.

The uptrend remains strong and we see no signs of slowdown yet.

Riding the trend and trying a long here.

ENTRY: 0.192
STOP-LOSS: 0.1716
TAKE PROFITS: Take 50% out at 0.2414, the rest at 0.299
Leverage: 9X

WHITEWHALE made a fakeout and this trade is now at a loss. I am still holding, not panicking.

If I have to take a loss, I'll take it.

Never risk more than 5-10% of your portfolio.

1% if you trade with real big money.

Trading should not be gambling.

It hit my stop-loss unfortunately 🫤

$BTC

It's Sunday, price hasn't moved much over the weekend.

I believe the diamond pattern that formed is still valid. Price remains in accumulation phase before the next move.

And Bitcoin is still more likely to pump past 92k, so I wouldn't mind the fakeouts and small moves.

Altcoins are also mostly bottoming out, flat-line on most, could be getting ready for another impulsive move.

I won't trade this lower time-frame pattern but it looks good for bulls IMO.

$ETH

On the daily chart, Ethereum is recovering nicely.

There is also a key level at 2800$ on the weekly chart that has been holding real well so far.

If you look at the historical daily chart on $ETH, when price ranged after a sharp dump, it almost always led to a pump

So my take on $ETH is that it's rather bullish in the short to mid-term.

Of course it will also depend on Bitcoin, but things are looking allright for this Q1.