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@berkaysui

Katılım Aralık 2021
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BERKAY
BERKAY@berkaysui·
I fucked up. My goal was to be a successful NFT trader and build my own brand along the way. I thought I did a good job since 2021. I built a little circle of mine and I made my portfolio grow slowly. Until I got greedy.
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Astronomer
Astronomer@astronomer_zero·
$BTC longs 67k now. ✅We're up and running Alright! Nice reaction so far off our long entry we took Yesterday in live time @ 66.45k That's 2 longs we are running now. Indeed, increasing the conviction, increasing my statement, and simply in alignment with our plan and goal, of running a trade into 70k to make money. Peak times, for me to go long.e in our golden zone, coming off the htf silver pocket, a clean 5D OHLC setup and bound to the 70k magnet, and, to top it off, most of twitter (X) was peak posting how they were "still short" etc, loud and proud Yesterday, exactly into the low. For me, lows are not to farm bearish engagement. They are to take longs. And so, it was indeed a time we took more, longs. Peak times, in fact, to go long. Hope to set long risk free soon, it would require a green Friday. But we had a green Monday, and Friday often mirrors Monday in terms of colour during tail end FOMC reversal weeks.
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Astronomer@astronomer_zero

$BTC longs Next target hit 💰Now patiently waiting for 70k+ Alright! Our next target we mapped out a few days ago is now hit. Indeed, as mentioned last post the bears had their round of engagement farming once (before Monday opens). Where they indeed came out with their macro thesis and how "Monday will close red" or "lead to new lows" or "how it's a good time to short". And twice, after Monday closed that also a green Monday would still lead to new lows anyways. All posted into the lows each time. Works well for engagement farming because people like to follow bearish posts when prices are low. But in terms of making money, they are all left in the dust now and compromised in their shorts. They won't tell you they're short now though because that would ruin their imagine. But anyone who watched order flow, can easily see many of them were short (hint - check the mid to low size section of aggressive short CVD on Monday open and after Monday closed). All power to engagement farmers by the way. I have nothing against it. But it's my job to keep my audience on the right side of the trade, not on the right side of the engagement, so we keep tracking the dynamics and use it as sentiment. I thank you for participating in this long. And if you remember, we are not calling it a win yet. If we hit 70k+ area, our final target before runners, then this is our second win in a row once again, and then we also have runners left for a potential juicy breakout. Enjoy.

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Astronomer
Astronomer@astronomer_zero·
$BTC longs I don't often talk about this, but something I often do before, during and after entering a trade, is swapping from our execution timeframe (H2-H6) to our bias timeframe (D-3D). In the execution timeframe, you need many candles in favour for the trade to work which can seem daunting. It freezes you to enter (and, as you know, a side-lined trader is a trader prone to fomo later). Whilst all you are trying to do is catch one big candle in your favour on the bias timeframe, that's far less intimidating. It also allows to be less critical of how good an entry should be. Our entry sub 66k, seemed mediocre, but on the bias timeframe, it "looks good." So while you all know me as a mechanical and non-intuition type of trader (intuition is tainted with confirmation bias), swapping timeframes is the one final-touch-routine I implement before entering every trade to envision the move before it happens and as it happens. With our current running trade, we have a clear view of the candle forming, hopefully and expected to head towards 70k+, locking in our second win in a row.
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Astronomer@astronomer_zero

$BTC I took a long awaited long at our long awaited level Alright, as promised and a s long awaited for, the low planted in the 65k area has been taken out finally. I said that I both expected the level, and I also see it as a juicy long opportunity. The reasons are simple. It's the low we wanted to see, the midrange, the golden zone of the entire high to low of this range, and my own POI as well as macro bias. You know me, I live up to my promises, and when it comes to levels, there's no exception Took a long here on this beautiful Saturday morning. Yes, it is early, we're longing a massive trend down. And yes, the bears are screaming loud how they all "called" that very trend. But guess what, they don't have any trade, PnL or record to show for, because most don't even trade their calls, or take action. I don't know what that tells you about conviction and trust in their own analysis, but in my experience, it's useful. So in my world, we make calls, but we make them for one reason and one reason only. To do something about it, to take action, because only action makes money. Some disclaimers, yes, it is a late long off the long and I was hesitant to trigger at first, because I would want to see one sweep lower, and CME also closed so CME close is below our entry. So going in half size for starts to add some flexibility. I top off that decision with the risk, of making new lows during the weekend, which means in this case, they have to get taken out and will take us an exit. But for now, they have been defending and I believe that remains based on our overall plan. So my conviction is high, and I believe we see higher prices from here. So that's an opportunity to make money, one I will grab because we have been waiting for it for a long time. Lots of bear posting, engagement farming, lots of macro "I called it" posts. No one really interested in longing. So sentiment wise, also a great time to long. Enjoy and good luck pressing the button alongside myself.

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Astronomer
Astronomer@astronomer_zero·
Ideal investing = paced entering, conservative exiting. Ideal trading is paced entering, more aggressive exiting. And my answers on... "Should I invest in broader markets outside of crypto or do I recommend it?" I personally am heavy crypto because it's my trading vehicle. The easiest to trade, watch sentiment and has the cleanest pa on the timeframe I am interested in (H2 - H6, sometimes D-3D). That spills over into investments since trading a market requires tuning on all timeframes to some degree. But I think it's still useful to invest outside of your trading vehicle. Even if it's just a small percentage (or a very seriously taken paper account). It gives extra dimension in execution (primary benefit) as well as market view (secondary benefit). Because what investing teaches you is patience, but the right amount of patience. Just DCA'ing will not serve you very well. But waiting for decades for the right opportunity will also not serve you well. Maybe one sweet spot is how your strategy should give you a good buying opportunity twice or three times per decade to go in hard with the cash you saved and accumulated with trading, business or day job. So what this teaches you is very paced entering and very conservative exiting. Apply that with one nuance to trading and you just found the link between the two, cross training them. The nuance: trading is very paced entering (patient, but not excessively patient), but your goal is not to hold, but to make gains, so you exit aggressively, not conservatively like in investing. Practicing broader markets helps you to train this perspective. Good investors are good traders and good traders are good investors.
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Astronomer
Astronomer@astronomer_zero·
$BTC longs Our take profit point rejected ✅, and limit orders hit as well ✅ Entry improved. Alright! Nice move down from point of rejection and the point we took profits. Indeed, 67.2k acting as the level of resistance. At the same time, we also said to set to add that portion we took out as profits, back in at 66.2k so we kept limit orders there as the weekend closes. Well, that is exactly what happened. We rejected 67.2k, and hit 66.2k. Had some questions and doubt of "why I TP so early, why TP at 67k, that's just too soon the market barely moved". Aside from my own explanation back then of how a move of 1100 dollars is a lot during the weekend, I think the market answered that for me now too, thank you very much. I also had some questions about how my chart was two hours old. That's an error on my side as I had a gap of no internet for a moment and for some reason it seemed price didn't move after typing the post further but it did, I apologize. Regardless, price retested my TP point multiple times before hitting our limit order so you had multiple chances to copy me. Shouldn't happen again, but for future reference, that is typically the case btw because the levels I trade are institutional and over 90% of the time, they retest since institutions need time to load up, true even in the weekends. So all in all, quite happy with the long. Entered at a good time, TP'd at a good time, and added it back in at a good time. That's my job for the weekend done, and that sets us up for a good start of the week if this were to move up, as Sunday likely closes above our entry, which allows us to pivot off the weekly open in case the trade goes south. It also gives us the option to double down in case we dig deeper into our golden zone. All opportunity I likely grab, because I believe this market goes back up, and the bears calling for sub 50k are wrong. They are doing nothing but engagement farming of what the masses want to hear. After all, price is down so why talk about "the bear market" now all of a sudden, and not while we were at 73k? ➡️Engagement farming Just my 2 cents.
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Astronomer@astronomer_zero

$BTC longs Nice push, shaving some gains + further instructions Alright, we achieved a 1100 dollar push so far not too long after taking our very entry. Retraced somewhat due to weekend whale activity selling into random S/R pivots (67.2k) in this case. I performed my trim here, 700 dollars above entry. Not as much as the usual, but keep in mind how weekend volatility is only half that of weeks to our usual trim in the 1200-2000 range. It does put the trade only at 1RR so far (SL at 65.5k, Price at 66.9k, entry in the middle 66.2k), so we'll have to be patient for somewhat longer until the weekend resolves. But from here, I simple look to add on CME gap again and remove the SL once next week opens and improve the entry, so the risk free position here is only temporarily in case Sunday becomes red and we set weekend lows, not a situation I want to stay long in. In our favourable case, we create a runaway gap and the trend up starts on Q2 open, we still score a big move since runaway gaps create big swings up. If not, we simply get to re-add the profit we took out now on CME gap. Some tight management, but a simple plan, taking max advantage of the good start of our long here and positioning in most ideal sense to ride the ultimate move up. Enjoy.

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Astronomer
Astronomer@astronomer_zero·
$BTC longs Nice push, shaving some gains + further instructions Alright, we achieved a 1100 dollar push so far not too long after taking our very entry. Retraced somewhat due to weekend whale activity selling into random S/R pivots (67.2k) in this case. I performed my trim here, 700 dollars above entry. Not as much as the usual, but keep in mind how weekend volatility is only half that of weeks to our usual trim in the 1200-2000 range. It does put the trade only at 1RR so far (SL at 65.5k, Price at 66.9k, entry in the middle 66.2k), so we'll have to be patient for somewhat longer until the weekend resolves. But from here, I simple look to add on CME gap again and remove the SL once next week opens and improve the entry, so the risk free position here is only temporarily in case Sunday becomes red and we set weekend lows, not a situation I want to stay long in. In our favourable case, we create a runaway gap and the trend up starts on Q2 open, we still score a big move since runaway gaps create big swings up. If not, we simply get to re-add the profit we took out now on CME gap. Some tight management, but a simple plan, taking max advantage of the good start of our long here and positioning in most ideal sense to ride the ultimate move up. Enjoy.
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Astronomer@astronomer_zero

$BTC I took a long awaited long at our long awaited level Alright, as promised and a s long awaited for, the low planted in the 65k area has been taken out finally. I said that I both expected the level, and I also see it as a juicy long opportunity. The reasons are simple. It's the low we wanted to see, the midrange, the golden zone of the entire high to low of this range, and my own POI as well as macro bias. You know me, I live up to my promises, and when it comes to levels, there's no exception Took a long here on this beautiful Saturday morning. Yes, it is early, we're longing a massive trend down. And yes, the bears are screaming loud how they all "called" that very trend. But guess what, they don't have any trade, PnL or record to show for, because most don't even trade their calls, or take action. I don't know what that tells you about conviction and trust in their own analysis, but in my experience, it's useful. So in my world, we make calls, but we make them for one reason and one reason only. To do something about it, to take action, because only action makes money. Some disclaimers, yes, it is a late long off the long and I was hesitant to trigger at first, because I would want to see one sweep lower, and CME also closed so CME close is below our entry. So going in half size for starts to add some flexibility. I top off that decision with the risk, of making new lows during the weekend, which means in this case, they have to get taken out and will take us an exit. But for now, they have been defending and I believe that remains based on our overall plan. So my conviction is high, and I believe we see higher prices from here. So that's an opportunity to make money, one I will grab because we have been waiting for it for a long time. Lots of bear posting, engagement farming, lots of macro "I called it" posts. No one really interested in longing. So sentiment wise, also a great time to long. Enjoy and good luck pressing the button alongside myself.

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Astronomer
Astronomer@astronomer_zero·
$BTC I took a long awaited long at our long awaited level Alright, as promised and a s long awaited for, the low planted in the 65k area has been taken out finally. I said that I both expected the level, and I also see it as a juicy long opportunity. The reasons are simple. It's the low we wanted to see, the midrange, the golden zone of the entire high to low of this range, and my own POI as well as macro bias. You know me, I live up to my promises, and when it comes to levels, there's no exception Took a long here on this beautiful Saturday morning. Yes, it is early, we're longing a massive trend down. And yes, the bears are screaming loud how they all "called" that very trend. But guess what, they don't have any trade, PnL or record to show for, because most don't even trade their calls, or take action. I don't know what that tells you about conviction and trust in their own analysis, but in my experience, it's useful. So in my world, we make calls, but we make them for one reason and one reason only. To do something about it, to take action, because only action makes money. Some disclaimers, yes, it is a late long off the long and I was hesitant to trigger at first, because I would want to see one sweep lower, and CME also closed so CME close is below our entry. So going in half size for starts to add some flexibility. I top off that decision with the risk, of making new lows during the weekend, which means in this case, they have to get taken out and will take us an exit. But for now, they have been defending and I believe that remains based on our overall plan. So my conviction is high, and I believe we see higher prices from here. So that's an opportunity to make money, one I will grab because we have been waiting for it for a long time. Lots of bear posting, engagement farming, lots of macro "I called it" posts. No one really interested in longing. So sentiment wise, also a great time to long. Enjoy and good luck pressing the button alongside myself.
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Astronomer@astronomer_zero

Moreover, once 65k is taken out, a IMO very juicy long opportunity will shape up. So that's a bullish statement, not a bearish statement.

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BERKAY retweetledi
Astronomer
Astronomer@astronomer_zero·
$BTC longs Not great to reject here. Just exiting for now (reasons below). Alright not a great reaction here locally. The long was valid and a play worth making in my opinion, that's why I went for it. But seeing early rejection and whales trying to push for a red Monday to recover later is just not ideal. Doesn't seem much yet and seems like Im calling it off early. But given that we had 65k expectations last week (still valid), because Mondays can trend and as going to 65k is just not worth nor acceptable holding a trade through especially since we have been aiming to be bearish for a while after FOMC reversal, and because this still is a countertrend long, I'm just getting out. So analysis certainly helping to limit losses here, hence we're getting out reasonably early only relatively small amounts below entry. Bit of a frustrating environment though for me. CME gap above, 71.5k magnet, and lower high retest all open. But our 65k level below for a while now and activating post FOMC reversal, just acting too strong. In tough environments, the most logical step is to trade outside of it. So even while the trade is barely at loss here, I'm getting out for now, not comfortable staying in and taking the loss face value. Had a six win streak, now taking two losses in a row. Going to sit back for a bit longer. Even with a lot of edge on the table still, the edge is divided above and below so it's better to wait for a better long opportunity (65k), given that we still have two long runners from 62.9k and 63.9k in case it's missed. You know my standards, I don't like to take too many losses in a row nor let losses run too large generally (tight manual inval). So going to sit back for a bit. 65k for longs. Or if 72k/73k still comes first, use that as a short entry to 65k. Simplifying the plan and getting out of the mid term error here. Apologies for those actions and confusion they caused. Back to the main plan, wait out Monday and my original levels given.
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Astronomer@astronomer_zero

$BTC longs POI reached, weekend lows taken out✅added long here Alright, price headed down to our compound long area of interest. As promised, this is where I would look to add longs. Without wasting your time reading this post, that is exactly what I did, with order flow doing what is to be expected on a Monday: hold walls, increase spread on perps/spot and slowly positioning to fill CME gap and IMO also our long target. Mind you that it is still Monday, so we might have to hold for another day. But that's ok. If we tend to trend down, then I will get concerned and exit the trade and take a loss for some deeper re-evaluation. For now, the same was I was confident we would head a bit lower, I am now also equally confident in a significant push up.

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Astronomer
Astronomer@astronomer_zero·
$BTC longs POI reached, weekend lows taken out✅added long here Alright, price headed down to our compound long area of interest. As promised, this is where I would look to add longs. Without wasting your time reading this post, that is exactly what I did, with order flow doing what is to be expected on a Monday: hold walls, increase spread on perps/spot and slowly positioning to fill CME gap and IMO also our long target. Mind you that it is still Monday, so we might have to hold for another day. But that's ok. If we tend to trend down, then I will get concerned and exit the trade and take a loss for some deeper re-evaluation. For now, the same was I was confident we would head a bit lower, I am now also equally confident in a significant push up.
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Astronomer@astronomer_zero

$BTC longs Still believing in 71.5k. Going to add more. Not yet, but if weekend lows get taken out. Alright bitcoin did not follow our plan of Yesterday. instead of holding 70.7k, it fell through and price retraced to entry and beyond. We were looking good, trade was up 1400 points, but now its 1000 points below entry. Bit of an unfortunate chain of events, with weekend announcement taking the trade down, also creating valid weekend lows. That puts the trade in a tricky spot at the moment because I still believe 71.5k is coming, but post FOMC reversal downside momentum is carrying on now just a bit longer. My actions Given the separation of two execution scenarios; the first one being my typical strategy - set it risk free into 71k, after we were up 1400 points (A), and the second one being the execution I went for myself exceptionally (holding without TP at 71k) since my size on this long was very small (B). So if you set it risk free (A), and followed my typical approach, then you would be flat now. In this case, I would not enter anything new, wait for the weekend lows to be taken out before entering again targeting 71.5k. If price just runs from here to 71.5k, then that's a nice short towards weekend lows and our long awaited 65k area where I deem the FOMC reversal over by now. If you are still in the trade like me (B), I think for this trade, it's okay to add more for once especially if you went small like me, turning this trade into a proper sized one given we have clarity. Not going to add here though personally, but getting an as good entry as possible, which is below the weekend lows. Not setting limits either as Monday is coming so ideally we see a down trending Monday for a bit, giving a chance to enter a bit below weekend lows. If price runs from here to 71.5k, then it still pays on the open trade, albeit for a smaller pay. But then weekend lows are still untouched which gives more confidence in our short idea from 71.5k+, the area we have been waiting for to short for a while, to work out, offering us a second trade. That sums up why I believe it's a good idea to hold on. Using strategic positioning to manage the trade. Not an orthodox strategy, but the fact we had an event on the weekend allows ourselves to do that because this amount of weekend liquidity is very typical to be run both ways, i.e. clear out weekend lows, and run 71.5k target. Holding a trade in between is opportune to take it towards a win, or even two wins.

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Astronomer
Astronomer@astronomer_zero·
$BTC longs The psychology of this trade Alright nice. 71k's liquidity tapped, pullback achieved, and our drawn path is following pretty nicely. Congrats if you set your trade risk free per hints I gave last post. Don't worry if you didn't, as I remind you that I didn't do it either for all reasons mentioned last post. Educationally, an invaluable discrepancy, now you get to see the difference and how to hold through a pullback with risk still open versus not. It's not as bad as holding underwater, but it's not as easy as price going your way or staying at level. And there is nothing you can do to stop it. But long term followers know, how routinely price pulls back on our identified low density liquidity tap, to only run higher after, just like how I expect target here too. Psychology is the hardest part.
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Astronomer@astronomer_zero

$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.

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Astronomer
Astronomer@astronomer_zero·
$BTC Our zone of confluence likely continues to hold, took a long Alright, based on the idea of Yesterday, where we start to expect a bounce towards a better short POI, and more importantly, we saw aggressive shorting, the usual, now for a second time upon this local retrace, whilst still expecting 72k ideally 73k for another short, I'm personally treating this as a long idea. It's not a classic Astro setup long, because it's a long against the multiday (D-2D-3D) trend, which we still expect to be finishing its path down temporarily. However, hourly has a window to be bullish today based on the reasons given. And the weekly trend is also still bullish based on our overall idea of expecting a low and the range to break out. It's Friday inside a red week, which should also help push price up and give a green daily close. If by Sunday we haven't moved, I'm likely going to close it again, just waiting for the short opportunity. So, yes that's a long, but I'm still expecting lower on one timeframe higher. So don't get this long, me waiting for a short, and the weekly trend confused. Timeframes are everything, and this is a countertrend play. To many, this can seem confusing as timeframes are one of the most dubious metrics also wrongly interpreted on this platform. So to summarize my expectations: ➡️Weekly trend: still bullish since Feb 6th (I expect this range to break out) ➡️Multi day trend: still bearish (FOMC reversal) ➡️Hourly trend: bullish and has a window of reversal here (I just took a long). And so because the hourly trend is bullish, and my swing trades are on the H6, I took a long here. Keeping size limited, because it is risky going against the bearish overlying trend, of course. But it's worth a long none the less because we have a short squeeze into my confluence shaping up.
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Astronomer@astronomer_zero

$BTC Long POI (midrange) not reached yet, still no longs. However, short POI might be coming up. Alright, nice move further down on $BTC since last post and overall from our 76k level. Now, we reached all the way down to just under 69k, with a small bounce forming off 68.8k so far. This entire move is based on my famous FOMC reversal theory combined with the 76k key level rejection level which we used as the point of our first breakout attempt long TP. That long was first breakout long attempt we punted upon closing above 73k and took towards 76k, one that worked out for a 2.3k move for us, but then ultimately halted and didn't break our 76k level, causing failure of follow through. After that sign of failure at 76k, we held off on longs ever since reaching 74.2k, exactly based upon our temporary bearish shift. I am still in that frame of mind of a temporary bearish shift, not looking to long yet, until we finally reach midrange again, or until at least this and half of next week has passed (closing in on the monthly close). It would be nice to ride it further down with a short, but on this level, 70.8k, shorting is not ideal. Especially since we are seeing a large amount of short aggression into the current local low of 68.8k. Funny to see because we reached below the 0.5 of the leg into the golden zone, silver pocket and, local POI on top of a high timeframe POI-top retest. A classic Astro-proof confluence of price elements, ideal for an internal bounce. On top, the sentiment of the idea of the FOMC reversal and general downtrend is becoming quite obvious, hence the appetite for shorts. Not putting any money on this bounce personally. But this is typically enough to indeed provide a bounce to fresh short POI's. So again, not one I am looking to long, but once finished, one I am looking to short. Would be nice if we reach close to 73k, because it would offer us a second chance to re-short given we fumbled our first one and that level is close to pick up that entry again. Not blindly shorting either, what I am looking for, is a move up that looks fast and strong (but isn't) and indeed induces a lot of longs at the same time causing local top behaviour. If all elements are present, that's a nice short for me towards new local lows and hopefully midrange. We will see. So far, it's been a nice time staying side lined on longs regardless, but having a short on top would make it even better. Not from here, but from higher indeed. That's my plan going forward, based on what I revealed here to be a fraction of the parts I revealed here, combining into my logic and system, explaining why I expect lower but am hopeful for a short entry. Enjoy.

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BERKAY@berkaysui·
@astronomer_zero I really am aware of all these because of you. Thank you.
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Astronomer
Astronomer@astronomer_zero·
Without me, you wouldn't be aware of: -OHLC -The Silver pocket -Properly using bitcoin's hash data (hash ribbons, production cost, e cost) -mmd usage -Range - trend separation techniques and mindset -weekend highs/lows proper usage -Minimal-stress trade execution (risk free technique, partials at liquidity) -Actionable trading (taking trades, not just making calls) -FOMC reversals -CPI sensitivity and a lot more. My question to you: of the ones mentioned, which of these elements have accelerated your trading the most upon mastery?
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Astronomer
Astronomer@astronomer_zero·
$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.
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Astronomer@astronomer_zero

$BTC The FOMC reversal doing its work once again. Still simply waiting before longing again. The edge I have been showing to you for a long time, and which has spread around everywhere, last lengthy post on it was indeed one of my most viewed post I ever created. But because no one really takes action on the calls going around, I am not concerned of people taking my edge and it spreading because the edge isn't used properly and money isn't gained from it. The result: the reversal simply worked out again. From uptrend to downtrend, with the top appearing before the FOMC reversal. Why does this reversal happen? What are the mechanics? I explained them many times before. But in short: it is to make everyone excited and trick them into thinking FOMC will be bullish, because price is going up, right? And because the announcement is always dubious, it can be interpreted and will be interpreted into the direction price goes, every time. This happens with every type of high impact news event btw. But because during FOMC, there is a lot of speech, it is the easiest event for price to be manipulated around. Then, once FOMC takes place, price already reversed, almost every time and keeps going for a while. That is why I am waiting to long again, and our 76k key level remains the point of resistance until it is resolved. It also created a range deviation, which means midrange, i.e. our 65k target is still coming potentially, which is where I would want to long next. Do keep in mind that time is more important than price, and so if price stalls and ranges before, there's no need to wait for 65k. The blind don't get rewarded. Only the smart do. So I generally plan to wait for midrange, but if we stall before and draw out time, I am happy to long earlier, after the duration FOMC reversals to the downside typically take, has passed. Ah yes, and final note, because it always comes up in the comments: "so you are bearish Astro". I don't know how to make it any more clear, but every high timeframe post I created has been bullish since the start of this range, because I believe it will break to the upside. Timing is key however, and the time is not "Today", yet.

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Astronomer
Astronomer@astronomer_zero·
$BTC TP'd the top, stay above 73k is good, going below and breakout is delayed. I'm waiting again for a few sessions now Alright! good TP Yesterday into our next 76k key level, marking pretty much to the top so far. Move up was a natural consequence of closing above our long and afar planned 73k level which instantly sent it up to the next stop of 76k where we thinned out and trimmed out the trade again. Price tapped that level for now and rejected, and so you might ask "is the breakout cancelled, is it delayed, are we still breaking out?" No it's not cancelled and yes we still are as long, but only as long as we stay above our key level of 73k, otherwise we IMO get a move back to midrange and then the breakout is delayed. To fully materialize the breakout, we need a move above 76k which is my base case, but of course isn't going to happen overnight. So personally, going to wait out a move above 76k or at least until we go further into the week. Reason I'm not rushed is because we still have weekly open at 72.9 and it's now Tuesday. Since we didn't run on Monday, that opens it up for proximity. We also have the FOMC reversal still in play (move back down), and order flow wise, our TP point of 76k had a large influx of retail longs. It's always great to TP our longs into unaware FOMO right at the top, but it leaves us stranded slightly and makes a long now risky. Also still holding exposure from range low longs, so that's enough for now in this situation. I think any play from here up to 76k is viable, but we need a clear break of 76k to call this a solidified breakout, so I'm personally waiting for that, not longing again just yet and seeing how the FOMC reversal plays out. So Yesterday's long was a viable one given the anticipated 73k+ close as part of our plan, but that played out now and now we want to see how that plays out given we have two sided edge on the hourly timeframes. Waiting out is a logical step in these situations. But it doesn't change anything about the high timeframes, bullish with no doubt, and so I still keep the longs from 62.9 and 63.9k, the ones I kept as runners and kept on repeating to keep as runners, as well as holding spot. Watch my actions with those positions to understand where my conviction is high timeframe, don't worry I'm not letting them go and I am not letting my spot go either. And to time the low timeframe breakout, I'm aiming to add more when it happens. As it stands, with a break above our next key level of 76k. We used it as TP once, hope to not use it as TP a second time, which has a good chance because revisiting liquidity generally already thins it out the second time in a trending move. But until then, not speculating against my very own edge at the moment. I know that can be hard. We were on a roll during this range taking quite a few trades. But we are still in a bearish phase and capital preservation is key since it's worth twice as much in $BTC terms as at the top.
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Astronomer@astronomer_zero

$BTC longs Up 1450 points ✅ Alright! Despite being at range high, price closed above 73k, and so it pushed to 74k, 75k and almost 76k now. Longs up 1450 points now, you already know the drill, set it risk free, we are at local liquidity, and continue to monitor the order flow to see if we go higher. It's a good time to do that, because yes the breakout is forming, but being arrogant and thinking it will be easy and without local pullbacks, is wrong. What is right though, is longing even while we are at range high. The majority is not "long", the majority is not in longs. And there are more shorts than longs, about 3 times as many. So, "the majority" actually isn't in a trade, and the people tracking longs versus shorts, simply don't see that. You need historical data, not just data of the current downtrend, because we may be entering an uptrend now. So TP'd now, wait out the potential local (small) pullback, and expect higher IMO. Enjoy.

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Astronomer
Astronomer@astronomer_zero·
$BTC longs Up 1450 points ✅ Alright! Despite being at range high, price closed above 73k, and so it pushed to 74k, 75k and almost 76k now. Longs up 1450 points now, you already know the drill, set it risk free, we are at local liquidity, and continue to monitor the order flow to see if we go higher. It's a good time to do that, because yes the breakout is forming, but being arrogant and thinking it will be easy and without local pullbacks, is wrong. What is right though, is longing even while we are at range high. The majority is not "long", the majority is not in longs. And there are more shorts than longs, about 3 times as many. So, "the majority" actually isn't in a trade, and the people tracking longs versus shorts, simply don't see that. You need historical data, not just data of the current downtrend, because we may be entering an uptrend now. So TP'd now, wait out the potential local (small) pullback, and expect higher IMO. Enjoy.
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Astronomer@astronomer_zero

$BTC The bottom call, the range, and now, the range breakout, longed here range high (74.5k) You indeed read that right. After going long and short this entire range, entering only longs at range low, shorts at range high, this is the first time I'm going long at range high. An unusual move. But remember the plan, and the context. We have been bullish for a while now, from 6th of Feb until today, 1 month and 10 days, 6 weeks. I said we won't see new lows, we bottomed, and we should mainly look to long throughout the range with occasional shorts. Even reminded you many times this range breaks to the upside, increased boldness, and opposing myself to the bears. As the range gets older and approaches breakout, the amount of shorts we take should reduce, and so now 6 weeks deep, I'm not looking to enter another short here after today, instead a long. We are already holding 2 longs from 63.9 and 62.9k, but they are just runners, conviction is key. Time to add a third one, this time at range high. 50k isn't coming. The bottom is in and the range breaks to the upside, not the downside. Sidenote: chart is fairly empty, drawn on my phone. Had to call my assistant to bring up orderflow for me. But you should have my levels already loudly and clearly drawn regardless. Current key level is 73k, we likely close above today, and we should see higher as I mentioned a few times. Let's see if I'm right and if the bears are wrong. And more importantly, if we continue to make money on it, do it first try, or if we need to try again. Enjoy.

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Astronomer
Astronomer@astronomer_zero·
$BTC The bottom call, the range, and now, the range breakout, longed here range high (74.5k) You indeed read that right. After going long and short this entire range, entering only longs at range low, shorts at range high, this is the first time I'm going long at range high. An unusual move. But remember the plan, and the context. We have been bullish for a while now, from 6th of Feb until today, 1 month and 10 days, 6 weeks. I said we won't see new lows, we bottomed, and we should mainly look to long throughout the range with occasional shorts. Even reminded you many times this range breaks to the upside, increased boldness, and opposing myself to the bears. As the range gets older and approaches breakout, the amount of shorts we take should reduce, and so now 6 weeks deep, I'm not looking to enter another short here after today, instead a long. We are already holding 2 longs from 63.9 and 62.9k, but they are just runners, conviction is key. Time to add a third one, this time at range high. 50k isn't coming. The bottom is in and the range breaks to the upside, not the downside. Sidenote: chart is fairly empty, drawn on my phone. Had to call my assistant to bring up orderflow for me. But you should have my levels already loudly and clearly drawn regardless. Current key level is 73k, we likely close above today, and we should see higher as I mentioned a few times. Let's see if I'm right and if the bears are wrong. And more importantly, if we continue to make money on it, do it first try, or if we need to try again. Enjoy.
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Astronomer@astronomer_zero

$BTC 63k, midpoint htf POI and silver pocket hit. Do we get our bounce and form a range? I don't believe in hope though but I do believe in my system and that I always will even if emotions run high at the moment everywhere. So this post is not to inject hope, this is just to inform you that we are in the middle of our purple htf zone now, and the high timeframe silver pocket (the same that rejected and lead to the all time high with good high timeframe precision) at 122k (see quoted post). We "should" receive a significant bounce finally. Again for spot buys, I am waiting it out first and strategizing on that later. But a range is good for us, as it allows us to finally trade off it, hence why we plan for it.

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Astronomer
Astronomer@astronomer_zero·
$BTC 6 weeks of ranging now✅ Alright it's Monday again, new week, new candle open. That means we hit 6 on our bullish range idea. Yes bullish, because the range will break up. In terms of when, I'm monitoring order flow here to see if we will. It would be nice to get paid on our long runners right here right now, and knowing that they likely never come back to entry, keeping us comfy and paying for a very long time. If not, then we simply have to sweat through one final long entry (I'm interested below midrange). But that's okay, it will be one that will work out again. Because this range is bullish, not bearish. And I think the majority is wrong.
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Astronomer@astronomer_zero

$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.

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