Crypto Corner

@victorious__5 @Chroma_Trading If price was gonna break down to $113k, you would expect that it would've broken down after the pre-FOMC responsive price action. We're now seeing limit bids supporting price on the DOM, so next destination is likely $120k, then shallow pullback, then blast past ATH

You are presented with this $BTC chart and you are currently flat. What is the objectively correct decision? A. Long the bullish uptrend B. Short, hoping for a pullback from range eq & PoC C. Do nothing, stay flat Comment below ⤵️

#ETH #TOTAL2 Crazy run on ETH over the past few weeks. Looking like a free ride until ATH where I'll be looking to play defensive. Total2 chart adds a layer of confluence to the idea. Until then, game on.

$BTC Expecting BTC to start building value in $110k - $115k this week before deciding the next move. Best to be cautious when getting into positions. $FARTCOIN is a lot cleaner. Back above monthly open is a mean reversion back into the inefficiency area before lower.

$PUMP.FUN Cant wait to come back to this post in 6 months time.

@Stoiiic Serious alpha in this

wouldn't mind some 2024 ranging price action from $BTC if provided. learned a ton during that time period. range trading 101: one approach - > alerts into extremes of value > fuck off > collect statistics or be involved in the market passively - keep an eye on development or interesting projects. > build on skills (whatever you're passionate about exploring in trading or otherwise) > alert goes off > assess positioning > look at perps & spot flow. > execute for alts, can get a bit more crafty with screeners and alerts on certain parameters such as z-score etc.

@MacroCRG @OxonTrading Exocharts shows the buildup of OI on a granular level. Can see here that the vast majority of OI buildup on $BTC here is new shorts

@OxonTrading Coinglass data isn't great tbh Also thinking that any sizeable OI build up is 100% one sided is crooked thinking

Decent sized OI ramp this am (5.5k BTC) Not sure what % of this ramp is comprised of directional longs but 100% of am are underwater

@MacroCRG $BTC These are shorts bro....

$BTC

Essential Tools Value Bare minimum for my trading is Volume Profile & Vwap, this is how I determine "value" Volume Profile Use Case: Trade Locations Types: Fixed Range, Fixed time & Visible Range Application: @tradingview Vwap Use Case: System selection, Directional bias & Location Settings: Time-based, Rolling and Anchored Application: @tradingview Orderflow & Liquidity Reading flows requires from combination of Takers(market orders) & Makers(limit orders) My personal choice is Orderbook/Heatmap in combination with simple volume/delta For perp flows I also use Open Interest go gauge how people are positioning & general risk levels in the market Orderflow & Liquidity Use Case: Trade execution(confirmation for the noobs) Taker Flows: @tradingview & aggr Maker Flows: TBD Spaghetti Asset filtering is essential in crypto where majority of coins are duds. Spaghetti is how I find strong coins Spaghetti Use Case: Filtering for strength & weakness Application: @tradingview Closing Thoughts: This briefly covers the tools I NEEDand the tools I want If this post gets a lot of engagement I'll do follow up for each tool with full breakdown from settings to trade setups Press like Cheers

$BTC Not bad eh?

$BTC Something like this over the coming months.

$LTC We're seeing acceptance back inside previous range. Not a good sight.

Link every screenshot of your trade trigger into an excel file. A lot of trade triggers begin to look the exact same, so start categorising them into different categories based of the nuances between them. Once you get the result of the trade/feedback, make note of if it won or lost. Now you’ll be able to begin to calculate the probability of the trade moving in your favour based on the trigger type and be able to identify your A+ setups clearer. This is what I do and it works

So here’s a question for the aspiring discretionary traders out there: What’s a good way to build pattern recognition and develop more fluidity in trade execution specifically? I’ll be dropping a Substack post later tonight on this but lets see what others come up with.

$TON Finito. My favourite trade I’ve taken this year.

$TON Patience.

$TON 8R trade here. Personally in since $4.156. If it pushes higher I'll take the scratch and get a Better entry form higher.

$BTC The plan. $73.5k gets front run imo.

$BTC 1 more sweep of Monday's high and we trade back to Monday's low and likely lower.

$TON Time to close and get short.

$TON Momentum confirmed. I will be writing a thesis on this strategy over the next few days for anyone to download for free. Will pin it to my page once its ready.

$TON Momentum strategy. Looking for a H4 close outside of this range for continuation higher, which is also a HTF throwback into distribution. Price likely to cut through this area which has a Daily & Weekly FVG.

@blknoiz06 $XRP Rangebound until proven otherwise.

god himself wouldn't be able to hold this chart up any longer