CryptoBully

$SOL
Our first long in a pretty long time on Sol, Price as soon as we entered went parabolic, although the TP I mentioned in the prev update was partially filled as I had limit asks and left the rest to run since price sliced through it with volume.
Will see how this develops, if we accept back below $83, I'll cut the rest of pos, if not higher it is.

Volume Profile Cheatsheet 💯
Volume Profile are the bread and butter of my trading strategy. Backtest this if you're a beginner.
Trading Volume Profile is fairly simple when combined with basic price action. It helps identify key support/resistance levels and areas where the most volume is traded.
Below is everything you need to understand it:
Point of Control (POC): The price level with the highest traded volume. Price often revisits this level.
Value Area (VA): The range where a significant percentage of volume (usually 70%) was traded. It includes:
Value Area High (VAH): The range high. Val

Often little explanation is given especially by the price action traders here when talking about their trade ideas revolving around key levels.
In essence, these are concepts majority of you know already but they are given a fancy name to sound more advanced
Here's a brief explanation:

Orderblocks/Cluster are basically just previous areas of value that act has good S/R levels once price trades beyond them.
Normally when traders get trapped at the lows (Bullish OB), late longs tend to mitigate their losses once price trades into it which creates a tap and run sort of pattern and vice versa for the bearish case.

$ETH
Diddling in the middle. The HTF resistance ($1950-2000) has been tested a couple times and resulted in move lower. As it stands, there's not much to do, if it breaks above reaction around the level marked would be key, if price manages to impulse up through it with volume, could play a breakout trade. Otherwise, if the recent low is lost, I'm looking to bid low $1700s.

$BTC
Currently trading above monthly open but no sign of impulse just yet. If price can reclaim $65k we can see some continuation higher towards $67k and higher. Alternatively, if $63k is lost it is quite likely for price go to towards the cluster at the lows around $60-61k.

Bitcoin Green July✅
Swing long from 59k->64k✅
KAITO swing long from $0.5->1✅
Didn't trade the short size this time because the R:R for swing shorts isn't worth it
Leave a ❤️ and I'll drop my next trade plan. 1st thing on watchlist is $HYPE - very interesting sub $50

90% of CT talks about volatility without understanding it
This is just a beginner TLDR to start (not talking about options yet)

Guide to volume based indicators

$ETH
Little late to make the update here as I forgot we had this trade on. So as per the last update I explicitly mentioned that price was near the psychological + HTF resistance that could cap the price. And since then we have rejected twice.
I took profits near $1850 as price had swept the lows and was down almost 5%. Still the same plan, $2k needs to be flipped for higher, until then it's going to be choppy.