Erzi
3.9K posts

Erzi
@danc344
Crypto Analyst at: @Magma_nft @Inn3r_Circle @DivineProvdence Founder of @prjct_dumplings Co-founder of @SekereteAlpha Part of @arcthecommunity ARC Stellars #262



@CredibleCrypto cred do you tihnk that dip was it? or didn't tag the zones you wanted across the board?











Mentally prepared for this assuming we head for our highs from here (which I think is fairly likely) in a corrective (non-impulsive) manner. Will probs discuss this more in a new Youtube vid IF we head to our highs from here- otherwise it may not be relevant if we don't. $ETH





$BTC 110k reached ! ✅ I am long again (half size, adding other half at 109k). Hoping to get five wins in a row Alright ! What a beautiful drop right into the level we have been waiting for. We offloaded most of our long until we would get this pullback, turning our plan of expecting this very pullback into action. And now that that pullback has been received, it's time to turn that into action again as well. So here is my transparent message: I am long again. No need to explain why, no need to justify it further. We simply waited for this drop and now it's here. Meanwhile, we have some uncleared targets at range high that I aim for (and ps, leave some room to add more since we are taking a position post-FOMC). Plan was planned, action was taken, and money was made. Time to do it again. For Numero 5 in a row. Hoping for z best.



$BTC longs & general update of our range Good pullback so far. 110.5k should come. Alright brief update today. Not much to say, other than the fact that we TP'd earlier last time since CME gap was left open and had some aggressive activity just above that high. Stop losses taken out neatly and push happened early in the week. So made sense to TP early and feels nice to have TP'd the top so far. Sad I missed the short since 118k was the only zone I would short back down to 110k. But more than happy to stick to the plan, with longing range low and at the very least below midrange + valid confluence, and short at range high, at the very least above midrange + valid confluence. Shorts more conservative than longs due to overall bias. We generated 4 wins in a row that way so far. And I am looking to compound in another long if we reach 110k. I do think we reach 110k. Whether we reach it before 118k or after, I am not entirely sure yet to be fair. But the only difference would be that I price would go into 110k whilst I'm holding a short if we do hit 118k first (I'll be shorting then), otherwise, it's just going to be for a new long. That's the plan. Simply trading the range, until IMO, it breaks to the upside, where, it's time for our alt positions to print. On that note, $BTC.D still hasn't made any new highs, likely to remain the case, until further breakdown.



As per my last market update on Youtube, ideally wanted to see one more final push up on $ETH and ETH/BTC before a larger correction/pullback. ETH/BTC has hit daily demand here and a key level that I would like to see hold if we are going to get one more leg higher. This would coincide with a $BTC and $ETH pump on lower timeframes. Otherwise if this zone doesn't hold, we have a ways to potentially fall...






First trade after the great rekt-ening. Hopefully this one ends a bit differently 😂 Invalidation at $3650. $ETH






Zooming out to remind you all of where we are in the bigger picture so you don't get lost in the lower timeframes and panic un-necessarily: High timeframes remain unequivocally bullish, and the current correction is considered normal/healthy in HTF context. The idea shared below is the SAME idea covered in my last Youtube vid, but sharing this chart to make it clear for those who may have missed it or need a reminder. The chart below clearly shows the importance/significance of the 74k level I've been talking about for a while now and why it is so relevant. The current correction should either hold above the lows at 98k (what we call a "running flat") or potentially wick below them (what we call an expanded flat) , but in either case- there is no change in HTF structure. Keep calm and get through this correction because what comes next is what you've been waiting for since 2018. $BTC

Ideally we reverse on the next 1 minute candle and shoot up 100k in an hour lolll. Realistically I think the running flat scenario would make the most sense all things considered. The expanded flat scenario would be one hell of a liquidation event and frankly i would prefer if that could be avoided lol.




