SlopeSpecter

$BTC longs We're up and running ✅Set my limits at 71.5k Alright, nice push up so far off the entry on the longs we took today. Market now backing up my claim of wanting to see shorts squeezed as they were just too crowded into the sub 69k lows and our area of confluence. Already seeing them exit now slowly but surely. As per plan, I'm slowly looking to TP these longs in alignment. So I've set my limits to take off more than half (60%) of the position at 71.5k. Notice that point is further than my typical first trim. That's simply because I'm looking to TP the trade aggressively, locking in the win after 1 target. So partialing before isn't really worth it. So that is indeed taking on a bit more initial risk. But position size on this one is smaller than usual, so it's all aligned. If you don't have that type of risk appetite, there's nothing stopping you to trim earlier of course. In the end, I'm not telling you what to do. I'm just sharing whenever I get and get out for your entertainment and education, showing you what it's like to go from analysis, to trade idea, to actually taking trades, making money in the process.

$BTC Nice drop further. Below midrange, I get excited again. So just keep waiting while early longs get rinsed over and over again Alright! Nice slide further down the slope on bitcoin. Making our plan to just wait before longing again age neatly in the context of our FOMC reversal we have been talking about ever since reaching 74.2k. The lower it goes, the more satisfied we should be as it gets closer and closer to midrange. I had some questions when I do go long again. So that's the level I want to see at least as it stands, it sits at 66.5k. Any alternative would be a close above our key level of 76k we pointed out at the time, to go long as a backup in case we get front run completely. Don't think that is happening however. Every time I mentioned an FOMC reversal in my post history, and every time we see over excitement into both positions and the leadup into it, which we did see, we get a decent countertrend such as we are seeing now. I know you are all tired of me talking about the FOMC reversal, as if it's the only thing on the planet. But it's key in this instance, especially given how frothy the market was into our 76k key level as well as afterwards when getting closer to FOMC. Quite sad about the short we fumbled at 73.7k regarding execution. It even ended the win streak. A clear example of how analysis can be spot on but execution slipping can cost. I apologize for that one, would have been great to book another win. But my aim is always to keep you on track as soon as possible. Safe to say, completely holding off on longs ever since 74.2k (since the quoted post) despite my bullish bias, is as on track as it gets. So, still waiting my turn as the drop develops further, still don't think it is over yet. However, don't get it twisted thinking I am bearish. Because I am not. As I do look to get long again. Long stands for buying. And buying should only be done when you are bullish. This range eventually resolves to the upside even if it takes a while to break out and above our 76k key level. I'll be here to get you through that, until, we actually break out. But until then, it's just one of those times to be patient before we can time our long entry again.

$BTC We thank the bounce, and now we thank the range. It's 4 weeks old now ✅ You see a lot of people flip flopping, calling for lower when we are at range low, calling for higher when we are at range high. Just posting this to remind you that this is very normal inside ranges. And I will keep reminding you about my most important post: to indeed fade all of it, and just continue to expect a range. Which means, to make money on that, simply long range lows, and short range highs. If you are stuck on when and where to do that, as well as how to manage the trades, feel free to use my levels and live calls, if you want, I share my entries and exits all the time for a reason. Since the post of the very start of the range, it's 4 weeks old now. Which way will this range break? I have already expressed my opinion, I don't need to be any more clear than that. If you want another hint, simply count which type of trade I took most and where I hinted to leave the biggest runners towards. But other than that, it doesn't matter at the moment to make money. Just follow the rules of the market, don't bait into the engagement farming you see out there of people saying "I told you so, it's going up", or "I told you so, it's going down". You will hear either from the same person whichever way price goes. The truth is, you can't make money on that. No trades, no money, no point and all is just hopium of your bags going up or hopium of getting cheap entries (whichever camp people are). What's in front of us is a range, still forming. We trade it, and slowly continue to build positions for the breakout.

$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.

$SOLETH $SOLETH has topped IMO (sorry $SOL maxi's) Now before you unfollow me, I love $SOL, its ecosystem, held heavy bags myself for a long time and still hold some remainder ecosystem bags and I also think it continues to do "just fine". This is also not a top call on $SOL itself, but a top call on $SOLETH, which means, $SOL is likely to run less hard than $ETH. Quite important to try and nail since in crypto these differences can be large enough to feel pain if not on the right side of the trade or ecosystem. This call is a high timeframe call, and thus part of the series of high timeframe calls we made (such as the 21.5k $BTC bottom, the 1.2k $ETH bottom, the 55k $BTC bottom before up only, the call of the $BTC.D top at 61%). And with that said, I'm putting my money where my talk is, and I sold the rest of my $SOL for $ETH here, just now, for a few reasons. Why $SOLETH has topped, the analysis Very strong reasons in fact, due to some simple, yet powerful high timeframe asset rotation analysis. Asset rotations are not a new thing and not "crypto only". They exist in every market and used to be very prominent in the early days of commodity trading (and still are). In crypto, they work even better because there still is so much unaware and fresh capital present, new to investing in high volatility terrain, easy to take advantage of, especially in altcoins. And whales love to take advantage of that. The way it works is simple. Every time a large (top 10) asset breaks its old all time high, its highest competitor often gets rotated towards and thus receives relative strength. Why? Because that's when it hits news lines, that's when everyone on the sidelines starts buying, and the whales start rotating into other assets, you already know these things. But what's more important is that this is all backed very strongly by data, still to this day. And there is nowhere near enough talk about these types of trend shifts and capital rotations, instead everyone just keeps on bull posting $SOL and holding $SOL memes on chain. Another reason why I'm writing this post. So regarding the data, let's check the simplest and oldest capital rotation: $BTC to $ETH. When does capital rotate from $BTC to $ETH? When $BTC breaks ATH. Below I drew the line every time $BTC broke ATH on the $BTCETH chart. Keep in mind this is the $BTCETH chart not the $ETHBTC chart. So over the entire history, that already gives three significant data points. But there is more. Second chart shows the rotation behavior between $ETH and $ETC, another strong beta play, and so also another strong data point showing that whenever $ETH broke ATH, $ETC gains relative strength. Third one: $ADA and $ETH. Especially in the early days, $ADA was known/put forward to be the prime $ETH killer (so much for that). As a beta play on $ETH, the chart shows that when $ETH broke old ATH the $ETHADA chart put in a top for the cycle. On $ETHADA, you do see one thing: $ETH hasn't broken ATH yet, but $ADA already seemed to have started its run. That doesn't mean that is a bad data point. All it means is that $ETH putting in an ATH for a high probability $ADA beta play isn't a requirement. But IF it happens, it is a strong reversal signal. So since $SOL indeed broke ATH and $ETH is the clear $SOL beta this cycle, this leads to the conclusion that $SOLETH likely has topped, the moment it happened. Not my biggest bet as I sold most of my SOL bags from cycle lows already in the $200's already, but hereby I sold my remainders, and I certainly won't go heavy anymore on the SOL ecosystems this cycle. $SOL ecosys likely still does well, but there is more out there, maybe ETH runs, maybe some stranger plays such as XRP ecosys, who knows. But based on this analysis, if correct, it's clear what to do and I took my actions. Just sharing this for your entertainment. What are you going to do?

$BTC shorts 65.7k, next TP reached to the tick. ✅ Alright, we finally reached our 65.7k level. Indeed, the level we waited for our next TP on the short. That leaves just some runners on the table if 63k still comes. And yes, with TP 2 in, I am planning to long again too as per plan. Slowly but surely. Full disclosure, I technically already entered a long myself at our level of 65.7k, but didn't have time to write a post. Don't worry. It's not a big trade. And you know my rule, no live entry, no trade count, so I won't discuss that long further and we continue to look together. Just see it as a message that I am looking to long and long only again now that most of our short is closed. Because 50k isn't coming. The majority is wrong in my humble opinion. Doesn't mean we couldn't make money with a short off 73.4k however. We totally did, scoring 6RR, all in live time. Enjoy the gains, my friends.