Lee_Reckt 🎱
810 posts

Lee_Reckt 🎱
@TheFarmWars
Charts by day, regrets by night 🤦🏻







$BTC Weekend lows taken ✅ Reaction likely coming but I still expect 74.3k to be taken out next (with patience). Alright one of our two levels is taken out so far. Now that one is taken out I can help you understand that, yes despite them being two levels close together, it's very likely to see a reaction between them so it is indeed worth mentioning that I still believe the second level will be taken out too. "The last line of defence". This last line of defence is very usually a trap, so still not looking to long in any way, even for a countertrend long. Still short biased or just neutral, waiting for lower (the purple), the key zone to add spot, or if we perform a significant counter trend rally before hitting the zone or before forming a quality low (no weekend and a good cyclical time). Still hope to see a good local reaction now before taking out that low to enter a short too (CME gap fill is what I look for), otherwise, it's just a continued waiting game for a range to form (again same premise: if range forms without taking out the 74.5k low, short range high, if it forms with a low into the purple POI, that's a high timeframe long again. The plan continues from here. With the kind reminder to not underestimate the bias switching from bullish the bearish. It won't easily reverse back to long term upside trends before it hits our purple poi IMO.





$BTC shorts Clean 900$ move down so far✅ Halfway to first target of weekly open. Took 30 percent. Alright, nice move so far. Nothing big, but a clear sweep of the prior high we waited for the short above, validating our short play here. We shorted the top, so that gives us the comfort to get one TP in already before NYO, which is about now. Taking 30% off here at 91.1k. I do hope for further volatility down, this is not a proper win yet. But slowly taking my money off as this is a short in a bullish environment so TP's should be aggressive again. Good habit to do during NYO. So pretty happy with first TP on 900$ move, avoiding NYO volatility with full position. Hope NYO doesn't scam us and price leads us further down, not back to entry for only a small win. I want weekly open, and ideally weekend lows to call this a proper win. I do think they are coming though.



























