The Post Box π¬
ΠΡΠΊΡΡΡΡ Π² Telegram
Strictly analysis, trades, articles, video releases and announcements. Cut out all of the noise. None of my content should be considered as financial advice.
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3 518
+1
$BTC
Weekly:
The 200WMA did its job and price holds for now.
Daily:
We ran the yearly lows and bounced showing confluence with the weekly close.
I think we see summer chop between $60k-$72k.
Next leg down starts late Q3. Don't fade 4-year cycles.
Touch grass for the summer, enjoy the World Cup π
3 518
Had to punt a $HYPE long at $60
Invalidated at $55
Important to cut losers somewhat quickly in this market
3 518
Is this time really different though?
Ignore the noise, ignore specific candle formations and the chart tells you what you need to know...
Four year cycles are still a thing and we likely bottom early Q4 around $50K.
3 518
$BTC short now fully closed
No need to get greedy, we've had a good run
Scaling in and out of positions is the way friends
3 518
$KAITO
Not sure why this is looking good but a multi-month uptrend into consolidation (rather than nuking) is good
Will nibble a bit around ~$0.44 with clear invalidation and look for a breakout above $0.53 if the market gets some relief
3 518
$BTC short update
Thank you to those who said it wouldn't nuke
The confirmation I needed
Took some off here, leaving the rest
3 518
gm lads
short term rally over imo. Would love to be wrong but I think that's it for now.
I want to see bulls step in above $65k and put in a higher low. $73k would be clean.
the odd trade here and there but mostly touching grass and working on other things. Better ROI.
GLHF
3 518
$HYPE
Sick set up bro
U forgot about the part where HL rips 20% in less than 2 days
It's my own fault for trying to fade one of the strongest assets in the industry
3 518
gm
still long $LINK here
riding the chop, idea not invalidated
these market conditions are so clean bro
3 518
scaling into a long here down to $10
clean set up but I'm very cautious to not overstay my welcome in a trade during these market conditions
still have a long term bag that I won't touch for years
3 518
Dare I say $LINK is actually making a breakout
I don't like to get carried away on short term price action but I think we get somewhere close to $12 and reassess
First real challenge awaits there, ptsd is real
3 518
GM CT
Promising signs of course, it's always nice to see $BTC up 30% from the lows buttttt
Market structure is king
It isn't about catching the bottom, it's about a break in market structure on HTF's
Stay patient
3 518
I think $HYPE is probably the biggest net positive to come from crypto this past cycle.
The platform, the revenue, the innovation, the airdrop structure, a lot of positives.
However I'd still love to see this wedge break down later this year so I can selfishly load up.
3 518
$BTC 1W
$80,000-$85,000 looks like a great short opportunity when you zoom out.
Q4 lows seems the perfect place for a lower high resulting in a next leg down.
The trend is our friend and unfortunately that trend is still down until proven otherwise.
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