flockoo

flockoo

this range is a really tough draw for me to choose, we're clearly uptrending but also showing major signs of weakness...watching wyckoff schematic 3 for distribution here, a sweep of 8050 and bounce abv 8.3 would be strong bull, a sweep of 7750s and below would make this even more realistic. ultimately we havent had the serious thrust on the higher TFs id like to...

flockoo

potential theory on how this range plays out, looking for a bounce realistically in the high 7s but if we were to dip i cant see this going below 7650 range without it being a serious issue...also still waiting for a UT but if we were to hang out here and play out without testing the higher portions (8.8-9k) of the range id start to believe this

flockoo

this would be my lol i hate life sceanario but enjoy the potential last few weeks of high ranging for next few years :)

flockoo

same set up as ripple, i like to watch alts crash and burn. all levels correspond to deeper s/r levels and price swing points.

flockoo

shorting tf out of this, had to go all the way back to dec to get some good looks at key levels, playing a tight range here for asks and its hard to see but id short all the way up to .00006, stop not too far back. looking for zero on this one to take profit.

flockoo

just a thought on how this range could play out here, a retest up to 8.5 and rejection anywhere from 8440-8550 would be ideal with a stop around 8.6, currently long from 8080 but wont set any asks without seeing this play out first...clean break of 8.6 probably sets up a look at 8.8 quickly

flockoo

havent posted a chart in a min, short term this would be my no mans land on trend for btc. i remain overall bearish until a break of 8.8 and more importantly 10k, however taking out longs here still offer good r:r especially the more irrationally we go up...10k is a hard level of psychological resistance and a fake out above that could cause max pain, im also...

flockoo

currently short from 6.5 (averaged down with additional asks in the 6350 and 6280 range earlier), quick target updates for both sides. volume declining, if we were to slowly grind up to 6.4/6.450 without much rejection i'd turn bullish very quick as the liquidity pools above could run. However, for now 6.4-6450 needs to have a candle close abv it for me to be ST...

flockoo

lol gg boys, watching for 6.5 to re-add also added low lev long ill be scaling into hard below 6.1 til 5.8, at that point dont ask me for a target its 0.

flockoo

just playin its an inverse but yea pretty self explanatory

flockoo

took good profits at 65 but shouldve opend long hedge...re added to my position 6750, 6785, 6805 for avg entry -6755, overall macro play im watching loose stop since ive taken larger profits than normal and it wasnt much of a position until this run up. bearish SFP on that daily close yday and no retest/push up to 6.8 and tailing buy volume over next few hours...

flockoo

part 2, long hedge would ideally be around 6.2 but trying to monitor this by hand if/when we dump. 6350 was last bounce zone and id be watching that however OB im watching is being held up by huge buy wall at 6410, if that were to disappear or get eaten watch out below.

flockoo

been away for a few days for holidays, huge meme rising wedge we're in starting to show signs of breaking down but waiting for a confirmation on it. been short from -6730, looking to open long hedge in the 6200 range have another chart ive been adding to as ive had time that ill post in a minute

flockoo

been short -6402 since yday, was a lil nervous on that run up to 430 but it held into my sweet spot perfectly so far, sell volume is lacking tho and im not extremely comfortable here, long hedge at 6150 on FUTs these are also macro trending moves im playing with very tight entries to maximize r/r, im in a comfortable enough position now ill actually move my SL...

flockoo

Had asks hit in this range, avg entry -6075 playing a 5990 stop in profit worked perfectly with a small rising wedge developing on low vol, want a 4h shooting star close later to confirm, looking 5765 and 5670 as major take profits. Long hedge on FUTS closed so looking to re enter in 5.7s

flockoo

set up i used to re add to short, stop loss is in profit 5990, entry was -6262 now stands at -6139 with 2 take profits already hit and a long hedge running from 5.8 dont care if i get stopped out in profit will reevaluate and probably get a better spot back in the 6s again. edit: very little volume to support a move up, longs are parabolic and at a notorious...

flockoo

lol @ the rekt comments on my last one, jokes gonna be on all of you fools still long when the hammer here drops :)

flockoo

not much to talk about, had 6050 take profit hit, still havent had a good run up to 350-400 area to clear out short stops and longs just keep piling on w/shorts closing, higher chance they just get squeezed at this point. wanna see if we break down from this wedge not much here besides some low vol play combined with one small defense by the bulls on the 5.9...