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🎯 THE CLOSING THEORY (Explained) The Reason Why Everyone, Except P-Circle, Got Into Wrong Shorts on $ETH Near Its $3700 Resistance. It took me 2+ years to perfect this Theory, but I am sharing it here for FREE so you can avoid the wrong trades and focus more winning. LET'S LEVEL UP TOGETHER! ✍️ Chart Explanation: I have labeled Three Levels in different colors. Let's understand each Level one by one... 1. The Purple Line: Whenever there's a Close at this Line, the price will NOT reverse, at ANY Resistance in between regardless, until it reaches the next Maximum Level, which is... 2. The Green Line: Price is destined to reach this Line after a candle closes near The Purple Line. Though, there is one mid point in between too, acting as a checkpoint to evaluate strength continuation... 3. The Mid Point: It's the bare Minimum Level where the price touches after crossing The Purple Line. 📊 Understood Levels? Moving on to our Practical Chart: Here, I have pointed the arrows and numbered them at each point when the Close happened NEAR The Purple Line, and then Hit The Green Line Successfully. However I executed my Trades not AFTER the closes, but to get best Price for my Premium Members I take then in ANTICIPATION of future closes.. so that is where bias helps too. ✅ See for yourself how each Purple Arrow starts, and then stops minimum directly at The Green Line. However, if there's a Daily Close above The Purple Line, and the price hasn't reached The Green Line, then it has reached The Middle Point (Our Minimum Level). and then at later stage has still reached the End Target all times. 🌟 BONUS: How I found the LONG Entry using The Closing Theory... First, the price dumped precisely near my Orange Support (we'll discuss it another time), then I used my BIAS, which is a fundamental thing to execute The Closing Theory, and anticipated that the next Close will be Near/Above The Purple Line. ✅ As always, the bias was right, and we closed above The Purple Line. Now I don't care if the whole world talks about Ethereum's horizontal or diagonal "$3700 Resistance", I won't even think of shorting or take profit on my longs bare minimum until Price reaches The Closing Theory's Green Line. Target, at whichever MUCH simpler angle it comes. This is also what helps in Swing Trading i.e. help you with 'when' to take profits Horizontal lines are my Favorite, but sometimes they get frontrun or fall short of target but using this technique can help with execution into continuation. Actually once you reach advanced level of practicing it, you'll realise that it helps with not just extension or continuation of Targets but also as another reliable technique of exploring Supports and Resistances. That, for some other time. 📈 AND IT HAPPENED... Not only did we reach The Green Line, but we also regained our Trendline. I'll be optimistic now for higher continuation as I've informed on my Handles that finally this time we could also Surpass beyond the level, but see the goal of Closing Theory has served its purpose. 📝 NOTE: Another ONE of The Many applications of this Theory is also to help you find "WHEN NOT" to trade i.e. Here we used the theory not necessarily to short this 3rd time BUT to use it as an extension of Targets for an ongoing Trade. So you knew Absolutely whatever resistances whatsoever in between were not going to be Profit-taking point. Hence, answered this Confusion people often have of "How to know which support/resistance to execute." Like any Other Technique, Closing Theory is not applicable all the time, It does not have as many limitations but there are MANY other variables that require over-time perfection sometimes even with trial and error. Such as, yes, The standard approach of finding S/R(s) also works, but this Technique explores its own way of finding where and how to mark a Support or resistance, which fragment to extract, finding the Common Candle Closing points on a pane, justifying r:r, avoiding wrong or faulty candle closes - I mean I have given you relatively easier examples, sometimes you have to switch through timeframes to find out which close was a DEVIATION and hence fake. One of the nicest things about this technique is, it's based on Empirical Evidence, which helps you increase trust and confidence in your own observation as well. Thank you, everyone who shared their charts & levels earlier in previous post. I love how most of you didn't short, and were aligned with my Bias. I'll keep sharing such content for your learning. MOST BLOOD LOYAL COMMUNITY EVER! - 𝕸𝖗. 𝓟 Trading Wisdom

REMINDER: The 🇺🇸 Fed’s rate cut decision is scheduled for Wednesday. On the same day, the White House will release its latest Crypto Policy Report. Get ready — volatility is coming 👀

Trading Psychology ᵇʸ 𝕸𝖗. You have to match liquidity with the higher time frame (HTF) bias. - If the bias is uptrend (Bullish Structure), it's obvious that the price will first tap downside liquidity before continuing the move upward. - If the bias is a downtrend (Bearish Structure), then the price will likely tap upside liquidity first before continuing the downward move. So always align your liquidity analysis with the HTF trend—it will give you a strong hint about which liquidity is likely to be tapped first. HTF Structure/Bias → Identify Liquidity → Execute With Confidence.

Mr.P #Trading Wisdom: Perspective & Perception in Trading💭 If you do not have advanced trading tools, or if you noob: Know that it is usually at #bottom where your #Coins are appearing to be weakest making you short weakness oppositely. Ofcourse though you'd want to wait right signs on pivot too. Some People show me How this Pump is out of question due to #DeathCross. Brother, lagging indicator don't fool your perception by the word Death because More than Often it'd dump going into (before) Death Cross and PUMP out of it! Opposite of what herd believes. In P-Circle ⭕️ One of my Team Traders who was stuck shorting bearish 5 days ago despite my bullish bias, I started with him an experiment without him knowing. Daily I'd text him "Hey Wolverine, show me Your 3 most #bullish Alts today" and by Third iteration he went from "Mr.P Alts are looking so weak" to "Mr.P They are looking near bottom" - See: It's only Smart Change (not forcing) of Perspective when you know your Experience can add #edge for someone wrongly Positioned. Similarly, People show me How this Whole Pump is Derivative Driven with No Volume. Brother, you're so biased with one perspective that you're ignoring the ETF Inflows that started 5 days ago. See the spike yesterday. You need to Upgrade. And Do not sleep on the fact that The Weekly Candle where it hit $74.7k has among Highest SPOT volume since January. Don't be tunnel visioned. #StaySharpWithMrP TG in Bio

A Strategic Bitcoin Reserve is really not a choice if you look at the game theory and national security ramifications. It's a must. Like rare earth minerals, gold, oil, etc., any country needs to stockpile these resources to increase self-sufficiency and reduce leverage of its adversaries. Stockpiling sooner rather than later and before other countries is much better in terms of the price you pay. This is simple stuff.

Totally agree

After 40 years of trading, Jason Sen still uses simple patterns… At 22 years old, he lost £100k in one day, And at 23 years old, he made $1.2M in 4 days… Here’s his crazy story:

@elonmusk “The biggest mistake I made is to put too much of a weighting on somebody's talent and not much on their personality and I made this mistake several times. It actually matters whether somebody has a good heart.” — Elon Musk

At least you know why I removed my maxi hat at 60% #BTC dominance

Something I think about with #Bitcoin this cycle. People focused on diminishing returns over 4 yr cycles and PTSD of the last cycle. Think that's the setup for a big surprise. Married with a Cycle where all factions are now involved (unlike prior cycles), like what is going on in the institutional and legislative side.

We're heading to Bitcoin2024 in Nashville 🤠 To gear up, we’re giving away exclusive @Gemini and @vaneck_us merch bundles to 5 lucky winners: 🔸 Follow @Gemini 🔸 Follow @vaneck_us 🔸 Repost this post Winners selected tomorrow at 2pm ET 🎉

Welcome to #GeminiGiveaways✨ our new giveaway series. To celebrate Bitcoin Pizza Day, we’re giving away $500 in #BTC to 1 new or existing Gemini user 🍕 MUST follow the rules to enter: bit.ly/500BTCgg

$TSLA I listened to the entire earnings call so you didn’t have to. Master list of of all 29 major points discussed: 1) Low cost vehicle production possible in late 2024, likely early 2025. 2) Referred to Robotaxi as “Cyber Cab”. 3) Has installed roughly 35,000 H100 training GPUs, 85,000 (!) coming by EOY. No longer GPU constrained. 4) Recent layoffs will save $1B/year. 5) 4680 production has increased 18-20% from Q4. 6) Optimus is able to complete factory tasks in a lab. Expects Optimus to complete tasks in its own factory by end of 2024. In limited production end of 2024, potential to sell Optimus end of 2025. 7) Regulatory path to Robotaxis/FSD is improving, state governments are approving autonomous driving for street use rapidly. 8) Driving in the future will be like getting in an elevator. Get in, press button, and it takes you to your destination. Fully autonomous. 9) Tesla will own some Robotaxis itself and operate as a “taxi service”. Some will be owned by Tesla car owners. 10) Will discuss $25,000 car more at 8/8 Robotaxi event. 11) Cybertruck ramp at 1,000/week, facing challenges such as supplier inventory. Expects to ramp more over coming months. 12) Conversations with a major automaker regarding licensing FSD ongoing. 13) Semi is still having some difficulty ramping but getting better with time. Still delivering semis to Pepsi. 14) FSD will not be transferable between vehicles. 15) Tesla constitutes the majority of Elon’s time. He has no plans of leaving the company anytime soon, wants Tesla to be “prospering” when he steps down. 16) Expects higher sales in 2024 than in 2023. 17) “If you don’t believe Tesla will solve autonomy you shouldn’t be invested in the company”-Elon 18) Elon dodged the question about 25% ownership. Said shareholders have the chance to vote. He expects Tesla will solve autonomy with or without him (!). 19) Tesla will look at buybacks once FCF ramps. 20) Other automakers very interested in licensing FSD, they just want to make sure it’s 100% the right way to go about self driving (no lidar, etc). 21) Likely 3 years away until OEM has cars capable of FSD. Licensing deal could come soon but the auto manufactures need to build the product that can use FSD. 22) Predicts meaningful FCF to come after down few quarters. 23) FSD approval in other countries/markets is coming, governments are open to it. China specifically mentioned. 24) Q1 was one of the worst quarters in Tesla history. Fires at factory, Red Sea attacks, ramping Cybertruck, etc. Team expects future quarters will be much better. 25) Tesla plans to be the real world, physical AI leader. Team believes the infrastructure is in place to do so. 26) Likens FSD/autonomy to AWS. Nobody expected AWS to be the most valuable part of Amazon. 27) Buying a Tesla became too complicated. Hopes new process allows buyers to buy a Tesla in under a minute. 28) Elon believes people cannot understand where the company is headed without using latest version of FSD themselves. 29) IR lead Martin Viecha is stepping down. Hope this helped.

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Verifying my Twitter account for my #GalxeID gid:2GkCUfyRLVFXnzUoqC4YNQ @Galxe galxe.com/id

Anyone can make a 100x on a memecoin! The secret? Having a strategy, the right tools, and sticking to it. I'm going to be hated for revealing this to you. Here is a step-by-step guide to trading memecoins 🧵🔽

@Monsta_Infinite BSC 0xd8Bd4ccd97a3b6740A1C8b23bc69314F3E3f4766

Well, I don’t know if this works.. Leave your wallet address that holding MONI here, first 1000 addresses will get a surprise in few days time. #MONI #MonstaChain #MonstaVerse

I interviewed 12 VC analysts who generated $1B+ for Funds And the biggest secret which they revealed to me - On-chain tools They shared with me 25 on-chain tools & I reveal them for you Be one step ahead of the rest to get HUGE gains 🧵👇

We will see BTC above 100k this year Top in mid 2025 will be 170-220k easily Bear start in mid 2025, and bottom 40k

@BobLoukas When the ETF is on top vol,it'll put more eyes on BTC, its mainstream advertising. Some will be curious enough to go into ALTs. For sure trading BTC at coinbase would hv a multiplier effect on the ALTs but I see BTC ETFs as a separate stream rather than cannibalizing the old

Not sure to what extent it impact ALT's this cycle, but in past $BTC bull markets, flow was into Coinbase/exchanges. From there, it was one easy click to the degen alt-coin world. If ETF flows drive spot buying and BTC higher, the buck mostly stops there.