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Crypto Bully 🔥
9.6K posts

Crypto Bully 🔥
@BullyDCrypto
Full time Bitcoin trader. Part time Shit poster. Free TG - https://t.co/zosdH2aVPM
Katılım Haziran 2023
299 Takip Edilen67.5K Takipçiler

$ETH
Little late to make the update here as I forgot we had this trade on. So as per the last update I explicitly mentioned that price was near the psychological + HTF resistance that could cap the price. And since then we have rejected twice.
I took profits near $1850 as price had swept the lows and was down almost 5%. Still the same plan, $2k needs to be flipped for higher, until then it's going to be choppy.

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TP1 on this announcement by base:0x98d0baa52b2d063e780de12f615f963fe8537553
As BTC gets closer to the 68-70k range highs, positive news like this is the exact point you should start taking profits
The reaction to news was good so will not close yet, but TP1 and now trailing stops

Kaito AI 🌊@KaitoAI
Kaito has entered into a data agreement with X to power a wide range of use cases. More coming soon.
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Day 572 of building a tool to lose money
The point farming BS has to stop. We don’t need more perp DEXes and this has got to be the worst meta I’ve seen in recent times
Didi@DidiTrading
Day 572: I built my own market-making bot from scratch. My cost per $1M in volume is around $75, which means I'm farming Perpl points almost for free thanks to the current mPoints incentives. It only took me a couple of hours to build despite having zero prior experience. All these existing market-making tools charging 1–2 bps are an absolute scam.
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One thing that took me way too long to internalise, price doesn't wait around for the crowd to agree on a certain level.
Trends usually start before most people even notice what is happening in real time. By the time it "looks obvious" on the chart, it's already priced in and is time for a retracement

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$SOL Update
Weaker looking chart when compared to ETH. I expect price to reject around $80 if it gets there, if that plays out, I believe we're going to see rotation back towards $70, where I would be looking to bid.
In case we do see a breakout on BTC, I would look to long if we flip $80s with volume.

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$ETH
Good area to scale out if you're in from lower. With $BTC approaching the swing high ($67k) which could provide rejection depending on how price reacts around it.
If that plays out, $2k should be your resistance for ETH. Alternatively, if we do see a breakout on BTC, ETH should also flip this level and continue higher.
TLDR: waiting for the trigger

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$JTO
After vertical integration from a Solana infrastructure provider to a direct to consumer trading application. This narrative now links JTO's value directly to revenue from the new JTX platform through a "buyback and burn" mechanism.
Hence why we saw 85%+ rally last month and now price is down almost 25% since start of the month and the $0.7 support level is lost, which I'm looking to do business at. Underside retest of this should result in some correction, if we flip above, price should continue rallying.
Important thing to keep in mind that JTX is now live so could be short term sell the news as well

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$AAVE
After price traded into low $50-60s which has been the level from 2023, it was held as support and we got a 100% move or so. So right now price is not at the level where I'm interested for anything, I'm looking at $113-120 as potential area for a retrace, where you can either short into or position yourself to buy the dip. Alternatively if flipped, price should continue further.

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@ibharatwiter Scale in
Scale out
No one level cherry picking. None of us are that good
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@BullyDCrypto These are the general patterns we often see and sometimes we don't even get retests.
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Guide to trading ez money scalps during a choppy market.
Wait for price to form a low and then retrace (remaining longs mitigate their loss at this point), price than revisits the low and makes a higher high. Bid the next dip lower as you now have confirmation (BOS). Invalidation goes below the last low

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