Skunksmen
276 posts


@CryptoChase02 Interesting to hear you think 7.4% hitting decreases the odds of 3.3% coming, with some of the big SMC people thinking the opposite
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$USDT.D
Currently waiting for USDT.D to hit simultaneously with the other major charts [BTC, ETH and ETH/BTC], but if your HTF KLs on your altcoins are hitting without the major confluence, don't be afraid to scale in. We're not here to time the exact bottom. The R/R is good enough to accept already, as price action is at range lows on altcoins.
Price action is tapping into its 2M OB with the 1W BB inside. It may wick outside the 1W BB, but it still may be respected, so keep an eye on the weekly candle closures. There is also a 1W OB [Supply] inside the 2M OB, which may get tapped.
Talking about macro targets now. Firstly, I'm going to say that the probability of the 1M BB [~3.3%] to hit has DECREASED due to the market structure on the HTF. It's important not to forget that it's likely that we are entering into a 🐻 market too. So don't have very high targets, be reasonable.
We saw a monthly candle closure above the KSH [6.76%]. Once we see a HTF BOS, we look for a pullback into a KL, then continuation in the same direction of the breakout. The same rule applies. Do not let your emotions get in the way of your rational thinking!
Instead, I'm looking at the other 1M BB [~4.82%] or the demand level just below it [~4.44%]. I haven't placed my Fib levels just yet, but it looks like it may align with the 0.786 Fib level [Predictive Fib].
I'm not saying that it won't hit, but when the MBB [3.3%] hits someday, we will look to close our long positions and open short positions.
Nobody knows where price action will reverse.

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@CryptoChase02 what is the reason for using futures charts instead of spot?
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$SUI [SPOT] 📈
Over 1 year later, it looks like I'll be entering a spot position at a setup I posted in my beginner phase.
All eyes on $0.67 👁️
CryptoChase@CryptoChase02
SUI
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@Albert_618 Lmao I did the same. Gonna take another TP at the 30min BB though
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@CryptoCarlitos7 @TraderDune Perfectly lined up with Majors. 2 major confluence is 2 headed, 4 is 4, etc
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@TraderDune Brother, excuse my ignorance but I’ve seen you post a 4-headed 🐍 and 2-headed 🐍. Just wondering what you mean by that. Thanks Dune. 🙏
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So, my haters are still around. Broke, bitter, enslaved, and talking sh*t about work they’ll never understand.
So, let me be kind. Let me give you one forecast, simple, non-cryptic, and 101% clear: No matter what, you will remain poor and enslaved.
And if you know my track record, you already know i’ll be right again. Kek!
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@CryptoChase02 I actually didn't know you could trade this. Thought it was the same as the USDT chart 💀
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$DXY [UPDATE] 🎯
If you remembered this DXY setup, well done 👏!
TP 1 + Trailing SL 🔼

CryptoChase@CryptoChase02
$DXY MTF [UPDATE]
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@TraderDune curious what your refined level is here. There is a double hidden on the 5h at 0.05400~ but yours is above that
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@MariusSm1th I personally don't take BB's like those on the 6D. I've found that the candle body being that small has lower hit rates
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@PickproofTulip5 MS wise yes, that changed when BTC reclaim MS at 88k. Same with SPX now after BOS confirmation.
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@AdonisCrypto_ Smart. I've used those as entries but not sure why I never thought about using them for stops as well. Cheers 🍻
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@AdonisCrypto_ How did you decide to place your stop loss on the 2nd play? Placed below the halfway mark of the FVG?
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