RedElephant

looks kinda nice

The Elephant Jungle Issue #48 redelephanttwn.substack.com/p/the-elephant…

Feels like something’s about to move...

The Elephant Jungle Issue #47 Part 2 redelephanttwn.substack.com/p/the-elephant…

The Elephant Jungle Issue #47 Part 1 redelephanttwn.substack.com/p/the-elephant…

The reward for Reward Season 1 has been given out. Check your wallet now 🤚

The Elephant Jungle Issue #46 redelephanttwn.substack.com/p/the-elephant…

What I'm essentially watching on $BTC. From an intraday-scalping perspective if I see confirmations in this current area of price to scalp long up to a potential short I'll take it on the open. Ideally a re-claim of vwap and legible market structure breaking in my favor before trying that. I'm also watching my POI right below us for potential scalp longs @ 75734 to 75230. If we bust through this area of demand I would watch for an SFP/failed auction below 74,772 or a mitigation of the other 1h OB below at 74543 to 74065. These are both signifiant 1h demand zones for me (intraday). For shorts: I'm watching carefully for more chances to open swing positions. I'm not too eager on shorting at range lows here (of the local multi-day range we've formed). If we start breaking down aggressively leaving behind zone 1 and zone 2 I will have to rethink my gameplan and look for shorts on lower high retracements - in which case I'll share my findings and new zones. Otherwise the plan remains simple: Watch zone 1 and zone 2 and if I see any sign of failure from a bullish structure standpoint (Market structure flipping on the move up on the lower to lower-mid time frames) It'll be my signal to attack (swing-wise). I did take an aggressive short on the slight mitigation and loss of VWAP yesterday - but as many of you already follow me inside discord you're well aware that I've been battling a nasty flu the last few days so I haven't been on my a-game. Unfortunately that move happened so quickly that I wasn't able to post it in time. I took it as a scalp - not a swing - so I'm not going to be settling with this one short and will be entertaining larger swing positions in due time. In a nutshell: I think we are at a significant area of price and that BTC could have already put it's high in on this bullish move that we've had over the month of April. I'm just awaiting a more clear-cut structure based/distribution based confirmation to get heavy short.

The Elephant Jungle Issue #45 Part 2 redelephanttwn.substack.com/p/the-elephant…

The Elephant Jungle Issue #45 Part 1 redelephanttwn.substack.com/p/the-elephant…

I was losing money every single week in crypto. I thought I was just unlucky. I wasn't. I was just doing everything wrong. Here's the honest story of how I went from that… to +7.6% this month 🧵👇

Dev Update — This Week - Trading pages render lighter on the frontend. - Cleared bugs in the new dashboard modules. - Activity and data panels — still iterating. - App-side components and stability work continues. - Improving risk signals. More next week.

The Elephant Jungle Issue #44 redelephanttwn.substack.com/p/the-elephant…

Check out this week AX Points. Points keep moving in the background. If you're trading, you're counted.