CryptoBully

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Guide to trading ez money scalps during a choppy market.
Wait for price to form a low and then retrace (remaining longs mitigate their loss at this point), price than revisits the low and makes a higher high. Bid the next dip lower as you now have confirmation (BOS). Invalidation goes below the last low
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What separates Profitable vs Losing Traders?
Ans - The ability to add to a winning position. Most novice traders go all in at once and end up taking the full loss if price moves against them and as soon as price moves in their favour they take all the pos off.
Both is wrong approach, this is how I like to add and scale out of a trade (notes on chart)
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Xiamu:
Learned it… … … … … … … … …
$ETH
After the rally we ended up rejecting from the first trouble area around $1800-1850. And with BTC looking very iffy here and in mood for potentially retesting $60k, I'm looking at low $1600s to bid this ponzi for a quick bounce. If we don't, invalidation is pretty tight and we can just cut if we lose the demand
ETH2.42%
BTC0.55%
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Saylor announces buys = $BTC dumps
Saylor announces sells = $BTC dumps
You guys ever wonder why?
BTC0.55%
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V Reversals are rare in this space. Most breakdowns take time to resolve higher. One of my favourite setups to take is after price has formed a low and retests the level that leads to breakdown, followed by a sweep of the low (stopping out early longs before trending higher).
The RR for this setup is pretty good since if price fails to trend after the sweep it usually leads to another leg to the downside
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GateUser-2472e90e:
gagahahahahahahahahahahahahahahahahahaha
$HYPE
Price action as per usual. Stuck in a $56-74 range. Currently we're trading right around the mean, so not really interested for anything at the moment.
If we trade towards the support marked on chart, it's a good bid for a rotation back towards the mean/range highs. Alternatively if range highs come first, it should reject at least towards the mean, with invalidation as price breaking out and holding above
HYPE1.27%
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$SOL
Held up comparatively well to BTC. As BTC is trading at the range lows with not much action, Sol did not make new lows, which is a good start.
Expecting price to retest lower from $78-80, however if BTC was to trend from here this could reclaim the level in green and continue the overall trend
SOL1.62%
BTC0.55%
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Often in crypto we hear people say "Support holding well" and it's just price chopping at the lows before eventually breaking out to the downside.
On the other hand, fast spikes usually result in people panic closing their positions but almost always, once reclaimed these result in aggressive move in opposite direction
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Trying to knife catch a cycle bottom (over a multi year horizon) will only cause you pain
Buy a little bit on the way down (bought 58k while having bought 60k in the past as well) and chill
Will re-add if we reclaim range lows. Or if we nuke.
Happy to hold spot in either case
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Accumulation Patterns💯
As we're trading at the range lows now and price action feels a bit illiquid. These are the price points where price usually accumulates before breaking in either direction once price is done accumulating longs/shorts.
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Two of my favourite price action patterns that I looked to trade complete different setup. Inside Bar at the highs and lows for reversal and retracement into "Golden Pocket" for continuation. Both provide the best RR since your invalidation in both the cases is pretty close.
(Inside Bar: if breakout=cut)
(Golden Fib: fails to hold=likely sweeps the high/low)
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Altcoins to have on your watchlist if $BTC bottoms now:
JTO - JTX narrative
LIT - Might catch perp dex bid
XPL - Idk why but had huge volume spike
KAITO - Controlled supply now and AI product launch soon
AAVE - announcement yesterday and range reclaim with huge volume
BTC0.55%
JTO3.30%
LIT2.60%
XPL-0.78%
KAITO0.19%
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Usmanzi:
I am bullish on all these, incidentally.
Common price patterns that you see every other person throw around but without any explanation to what they are and why they work.
Below are a few examples:
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Trapped Traders are fuel for trending moves. How to take advantage of it?
Some of the best RR setup you can find is by having answer to this simple question. What side is being aggressive at likely a tail end of a move. As this is your counter party.
Good chunk of market participants in crypto trade without an invalidation and their stop loss is their liquidation. So market tends to hunt these liquidity price points and you can take advantage by simply staying aware of these patterns as they develop in real time
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If we lose $64k then will likely cut HYPE and NEAR positions
Market should not retrace the peace deal news lows if we have a leg to 68k still coming
HYPE1.27%
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Life is interesting
Miracles happen in random insignificant moments just as life was becoming dull and hopeless
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$HYPE moving as per plan and back to ATH
Your only chance of getting another good entry is a dip into the EMAs
Alternatively, if we break above with volume, I'd look to hold my long into price discovery
TLDR: Hold if you longed with me, buy dips till it stops working
HYPE1.27%
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When obvious levels that everyone is eager to see price trade into, "fail to hold" it invites late shorts aka "trapped traders/bottom shorters".
We saw price on LTF rejecting the 60k level but eventually got the close above. Not to mention 1-2B liquidations in crypto as of late is a good indicator for a relief given the price context
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Months of chop into a fake breakout after cycle lows back to the range lows was crazy on $BTC
Think this was news is one taking a risk on. Bought back near $64k, stop below news lows
Also closing oil short slowly now. If Iran confirms, this could easily squeeze back to 80k
BTC0.55%
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One man's liquidation is another man's treasure. One of the best indicators that still has a use case today is liquidations.
For scalping, $100M–$300M often provides good intra day reversal setups.
$500M–$1B+ most of the time shows exhaustion of the particular side pressing hard
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