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cone
@Trader_cone
{x}tends to get mispriced when {y} happens because {z} Founder/Building: @Spygate_Trading LARPing on X, formerly Twitter
Somewhere in the world Katılım Kasım 2021
1.8K Takip Edilen1.1K Takipçiler

@_staticliquid Yeah agree, i do not focus on candles at all, just saw few posts with similar monthly outlook
Would argue its at significant support after bigger downtrend (than first candle showed in that EURSUD exmpl)
But yeah we will see how it looks, 65k lost and lights out
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Indeed, how candles look can give a decent clue as to what is happening, but their position in relation to current market structure is more important. i.e. the context.
Here's a perfect example on EURUSD. The two arrowed candles are very similar and look like a bullish inverted hammer.
Yet the green one that 'works', is the one that also sits on the blue support level.
With the BTC show above, the inverted hammer top wick sweeps the resistance level, which regardless of the shape of the candle, is bearish .... until proven otherwise of course).
Hope this helps to show how I read the markets. Everyone's take is different though, you gotta find what works best for you. If that's pure candle patterns for you then fair play and stick to it. 🤝

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@_staticliquid Yeah yeah sure i agree overall, just said if we look plainly at monthly like that, maybe as well consider look of candles
Lower is inevitable just from where is question i guess
Sweeping that low in demand is clear as well, we will see 🤝
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I see the inverted hammer, but I still think it looks bearish contextually at the present time tbh.
It fell 5 months in a row, so was due at least some mean reversion.
It bounced right from the demand zone, and bounced up and rejected from monthly resistance.
Momentum still points down imo.
However, that said nothing is set in stone, so if over the next month or two, the demand zone holds & we get back above the monthly resistance (like in my mock up second chart), then yes things will look a lot better.
Until then though my Monthly bias is down.


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@ZFXtrading Do we consider 80k as mooning?
( i dont think so)
But yeah still think if we hold here its possible before 40s/50s?
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*Bitcoin Targets
Miad@ZFXtrading
If true, Bitcoin will trade with a $4X,XXX handle before mooning again
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@OGDfarmer If we were doing this at 75k what we just did here at 65k everyone would be spamming ,,short trades,, on timeline
But here we are, no one is longing this, and if we would exclude this war, charts are doing decently very especially with that h12 sfps in last minute
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@TraderMorin We also left a poor high at 76k highs then again at 74s with give or take similar order flow conditions as here
As overall i agree we might sweep it, kinda does not have to as its already trading like a shi
My point being (not towards you) that everyone posting biases fits now
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$BTC
I have a rule in my system which is around the lines of:
"If price sweeps a range high then I only look for pro-trend mean reversion shorts until we trade into the range lows"
When we swept 65.6k swing low, the lack of aggression on the Footprint and the fact that we left a poor low on the TPO, makes me believe that we are likely to run it again.
I still maintain some of my short exposure as I am still looking for 62.5k or the range lows at 60k before I start contemplating longs.
Unless I get my exact triggers then I won't rush into longs as the HTF trend remains to the downside.
New Quarterly open on Wednesday will be a nice pivot to play around.



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@metahacker_ @danielesesta If your country is being bombed, are you leaving?
Let me answer it for you, NO.
If his home is there now or whatever, you cant call that ,,exposing yourself to danger,,
does not work like that
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@danielesesta Being brave about an expat city is wild man
Don’t care if it’s a psyop or not, exposing yourself to any danger in a tax haven is retarded
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@TraderDune The problem with this it means nothing tbh
Just wyckof model printed on there, prolly hundreds of small accounts posted as well similar shit
Trading this shit is what matter, not line on the chart as ,,greatest call,,
Show me trades
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Massive Capo vibes here.
Joined September of 2024 yet has 160k followers ?
His "generational BTC call" is getting heavily shilled by random large accounts with 50k+ followers. Quote reposting like a paid bot in sync, the background of these accounts are all paid shills/AI engagement.
Wen does the market "reverse Killa" ?
*Let's also not overlook this guy saying (2x5) +1 = 9 in his quantitative math slop lmao*

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@clement6577 @henrybckm Prolly Italy or Greece (santo,myko or amalfi maybe( but hard to tell
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@Bobby_1111888 Everyone just drawing lines, zero trades in there
One thing is to draw lines on chart and 2nd is the take the trades
I got stopped out of 3 Shorts on Monday false news just to everything roll over now, if you look at squiggily draws i was right but i lost money
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@smileycapital as i agree with 40s, i dont agree with the framing here
If we already comparing the % down might as well compare the time spent in rectangles
Last one is outlier so far
under 60s is coded, maybe just not from here directly
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@CryptoGodJohn $303 looks good imo, daily MSS if it comes with weekly close above 300 (back into 300-500 range)
and if it aligns with BTC potential VAL for further range bounce

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