swingsonly

Hey buddy you said you were done trading for the day… why did you just open another trade?

Observations pt2: The strong alts are now sitting at or near support and btc sellers still havent put a dent in it. Btc.d also slowing down Rotation soon or delayed leverage washout? stay tuned to find out

I had to delete my last update because i changed my mind and i closed my bitcoin:native long here. 84k remains the bullish LIS. Should they wash out some leverage and hold 84k thats a big fat long.

This $SOXL trade is pretty much done. Im aware that we are possibly leaving some mula on the table as this breakout seems strong buttttt greed kills... so ive trailed my stops tight and will let the last 40% ride

im currently trying to bridge some eth into usdc on arc and its taking forever (overexaggerating) we have been truly spoiled in the magic crypto land. im complaining about a 20min bridge when my bank still takes 2days

So what i've done is trim some of the crv and lit legs in addition to the 20% overall that i took this morning. clearly they arent holding up aswell.

Observations: The alts are sleepy, Which is fair fwiw they've been on a hot streak. I think if btc loses 84200 i can cut or trim more alt exposure as they are closer to flushing new longs that they are to killing old shorts (if that makes sense)

Taking 20% on this basket just to feel something.

YOU MEAN HE FINALLY GOT A GOOD ENTRY

What feels like a topblast today could be a bottom entry tomorrow. If Q1 VAH holds, riding it is the play. I’ll avoid shorts until we range or lose the 365d. Shifting to a trending mindset until at least PY-VAL is +EV. bitcoin:native

Quant said that we are to run up until micron earnings EOM. Taking 33% premarket $SOXL

is there a world where cashcat goes on to be the star it was meant to be and pons continues to not do much? Or do you think they will continue to move in tandem?

Gm

GM bitcoin:native Great start, Left small runner

Seems like someone is closing out a pretty big short. I probably top the chart by acknowledging its beauty but I shall let it play out Gonna touch some grass and prepare for the new week 🦾

For this i believe the invalidation is btc losing 79.5k instead of invalidating based on the price of the alts itself because of variance/vol (i treat hype as a major so its not in this basket)

This week i think it makes sense to allocate some shekels into an alt basket. I was originally gonna run this against spy but i think being a delusional bull near term is +EV ARB+LIT+CRV+ZEC+BNB

$BTC at another decision point, chopping around 365D VWAP and ’24 VAH. Looking for a clean break + retest of ’24 VAH at futs open for longs toward Q1 VAH. Acceptance below 79.5k = looking for swing shorts.

ethereum:native at a major inflection point. Bullish above ’24 VAH. I want 2580s for longs, targeting a break of 365D VWAP and 3k+. Clean break + retest of 365D VWAP = long toward 2800. Lose 3W VAH with acceptance = full rotation lower.

But also imagine what bringing back the nft pfps would actually do for that space now that things have matured