
Toormo
562 posts





This is unbelievable. On Monday, $BTC dumped from $65,600 to $63,000 liquidating $806M. On Tuesday, $BTC dumped further below $62,700 liquidating $416M more. And today, $BTC pumped back above $64,600 liquidating another $209M. $1.43B total Crypto liquidations in 3 days alone!!! Now, $65,000 - $67,500 has sizable liquidity that could be swept next - potentially leading to higher levels. However, $60,500 - $63,500 has slightly larger liquidation clusters stacked up currently, making this the 'higher probability' zone to visit next. Bulls really need to sustain momentum here.











$BTC pumps from our long-POI. Yesterdays scenario is playing out nicely, if you took the long I suggest you TP and set your stop to BE. As I explained, this long is short-lived because I approach it as a short-term bounce within the downtrend. For trades on Bitcoin today I'm looking at two short scenario's. The first POI is that we test around 65K and get a rejection there, I'm looking to execute after the trigger there. The second one is that we sweep the liquidity above the 65.8K highs that's been building for quite a while now. If we sweep those highs, I'm monitoring again for potential triggers to short it back to the downside. I recommend to leave a % open from the long so it can be a hedge against the short exposure. FOMC today and everything's looking quite bullish, would be a classic move to get a dump after the news is released. Interesting day ahead, let's see what FOMC brings.


$ES doesn’t look as bad as $NQ. Still think we may see that flat bottom taken out, for now it’s just continuing to range with possible 4hr bull flag. If this continues, I wanna see $7,400 area held 🎯






Unpopular opinion: #BTC is going higher. No matter how hard you cope. July was bullish from day 1. We’re closing this month above 68k. Bears getting liquidated, that’s my wet dream. Still shorting this? haha



🚨 ₩450 TRILLION has been wiped out as the KOSPI crashes over 8%.


🚨 BITCOIN IS GETTING REJECTED AT THE TOP OF THE CHANNEL. Price tagged $66,000 and looks like it is turning. Two rising channels came before this one. Both broke down. This one is falling, and price is struggling at the roof again. → Rejection looks likely at $66,000 → Follow through puts $58,000 in play, the channel floor → Lose $58,000 and the real leg down starts It needed to break the roof. It might not do it.















