The Mitchell Group
906 posts

The Mitchell Group
@MitchellGroupPR
XDC Network | PrimeNumbersLabs | TheCatholicToken | ChronoEffector AI | GoPlugIn | DOPU | #NFA


$BTC I have trimmed 25% of my initial position here at 68.7K. I will hold the remaining position until it reaches either break even or 60K. Let the games begin. 🎲








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$BTC shorts 70.3k reached ✅. That's key target. We just hit six wins in a row! 💰 Alright, the plan is ancient, but the move down is young. We shorted 73.4k and now rolled down $3100 down the slide so far, bringing price right to our key level of 70k and pushing the trade to 2.4 RR. You know the drill, I said, sub 50k is not coming, but it doesn't mean good shorts can't emerge. They can, exactly like this one. With an entry above 73k, our key level of 70k is perfect for a first TP, locking in the sixth win in a row, officially. From here, letting the trade run closer to the mid range. That's an ambitious goal and does require a break back inside. So do take partials and lock in the win here, as a reaction back up and a day of time is possible. Thanks for playing everyone. It's been a pleasure.










$BTC Continuing our plan (some reminders) Alright, we just hit our second major TP on our shorts taken from 73.4k. That gives us a sixth win in a row, locking it in with glory since it ran nice and far to date. "What about the next trade Astro? What are we doing next?" It's all still unchanged, but in markets and especially crypto where sentiment changes on a dime, you all heavily enjoy reminders so I'm more than happy to again give the full list of my stance, unchanged since the very day of the bottom (Feb 6th). And yes, it is a short list because my stance is simple, non convoluted, and 0 engagement farming focused, purely money making focused (the goal of why we spend our time watching these charts). ➡️ $BTC bottomed, and will form a range ➡️ To make money, we must trade that very range before the majority catches on to it. ➡️ Then comes future planning (what happens after the range is done?): Because I also believe $BTC bottomed, my focus whilst trading the range, is on upside, more aggressive on longs, holding runners on longs for longer. And less aggressive on shorts These points are in the process of fulfilling nicely so far: ➡️the range is 32 days old now ➡️We have made lots of money so far, as we have been trading it for 32 days. We traded it both long and short, ➡️and we focused more long than short (we took nearly twice as many longs as shorts this range so far). So now that we have twice as many runners on longs as on shorts left, is only natural. (See the short, the trades with a red SL are runners). In lockstep with our bias... indeed, we expect price to run up once this range resolves. So what to do next, Astro? Given we still have from 63.9 and 62.7, there is no rush in entering again here as we have enough exposure. However, if we still take out our 63k level, I am looking to add again, as well as TP'ing the remainder of our final short from 73.4k. In all other cases, if we break 73k, we send it, and get paid bigtime. Do you see how I am not too eager to act all too much in our case anymore, especially now that the range is becoming obvious as others are catching on? That's when overtrading often peaks and we reach into final compression before breakout. So let our bullish bias do the work, and most importantly remain focused on it (ignore the sub 50k callers, in my humble opinion). Focused on making money and planning for it. It's the only way to get a six win streak, and beyond. Welcome to my account.








