Crypto Lasso

Added to $doge long and longed $xrp today. Stops at entry, and we will see if we carry.

bitcoin:native (Update V1) I’m liking BTC here more and more, keep stacking up those lows into the short level. Break the channel or VSA inside the level = short.

"Iran has just informed us they are in a State of Collapse." - Donald Trump Do you believe this or will Iran deny these claims in a couple of hours?

$BTC update (+ educational part): Ok guys, I want to showcase you some interesting stuff regarding Bitcoin's development and how I managed the last short, so have a read because this can truly help you. As I was mentioning in the last update, the $78.000 was a very sensible supply and my first "non-optimal" short area, suggesting that I was about to trail and put the SL2BE based on the PA. Now, if you take a look, you can see that $BTC went for the lower boundary of the value area (VAL+POC) and accepted the zone, signaling the desire from the price to rotate back toward the opposite side of value (VAH) so there was no meaning for me to trail above it, therefore I booked a very nice 3.70R/R. For the concept of value migration, the price, when it finds acceptance inside one or another boundary of value, it will use the POC to migrate in the opposite direction. This is a crucial information that helps you to trail your position in a dynamic and smart manner, saving extra profits. For $BTC "big picture", the weekly has been fully re-absorbed producing a clean SFP/FA (which is a bad sign) but as you can see, at the moment $BTC is moving inside this uptrend channel and as long as it holds it, I can see a push higher toward the more optimal area where several HTF confluences are overlapping each other. (HTF LVN/extensions/S/R flip) More or less, the area should be around 80/83K but, once again, the most important thing to watch is the USDT D + USDC D break & test (mentioned in the previous post) located in the 10.00%/9.50% area. If this doesn't come into fruition, I'll evaluate a new plan.

$BTC update: The way the price action of Bitcoin has been shaping during the last week has made me to reconsider the initial plan. The main idea was to look for 80/83K in confluence with the break & test of USDT D + USDC D but Bitcoin stopped toward the HTF VAH located at $79.500 producing a double test that has been used to create an aggressive sell-off. Now what's important to notice is that, during this uptrend, we formed clean HHs+HLs where every internal value area has been flipped correctly. This happened because the local orderflow was bullish but what we are seeing in here, in my opinion, is at least local exhaustion. I personally didn't enter a short on the top of the move because indeed I was waiting for exhaustion confirmations and I found my entry overnight with a super clean IVB model shared in the live within the Dojo. One of the most interesting levels I'm watching next is 70/72K that, if reached, will make me evaluate a potential long into the primary HTF plan. Let's see what we got.