
Peepee93
@t_Peepee93
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Peepee93
SOL - Short setup

2 short setups: 1) POC of fixed range + 0.382 fib 2) 0.618 fib + VAH TP/close at 0.618 fib

Peepee93
SOL Long scalp setup

SOL Long scalp setup 2 Long setups: 1) On the 0.618 fib + S/R flip 2) 0.786 fib + POC of previous range Aiming to take out the local high Setup would be invalidated if we take out the local high now

Peepee93
GALA - Short setup

GALA closed back in the smaller fixed range pull, now back testing the Value area high. Ultimately aiming for the 0.75 fib, but it could very well rally up if it holds 0.5 fib(also the value area low of the larger fixed range pull) as gaming tokens usually run at a different time, separate from other narratives.Unfortunately this trade setup was invalidated. It is hard to predict as gaming tokens usually don't follow the rest and also the recent BTC volatility. No short trades for GALA, because it could just pump from here. I would like to see at least the high on the left to be taken out before even considering a short as I think BTC still could go higher. Definitely would monitor BTC price if you are looking for shorts

Peepee93
bearish flag forming, potential downside?

bearish flag forming, potential downside?Same plan as my SOL trade setup. Entry target slightly got front-run. However, I would remain patient and would be more confident to enter if BTC were to hit $40-40.5k region at the same time. Good region to TP if in longs.Another short setup which i think it has a higher probability of hitting as i am still expecting higher on BTC. Would definitely be very cautious and monitor BTC closely before entering. Also ETH is a wild card that could just pump and bring the rest of the Alts up.have to say that the channel is well respected

Peepee93
Double top then pullback?

Double top then pullback?Entry target reached. However, I would be more confident to take this short if BTC were to hit $40k-40.5k region at the same time. If you're long, this would be a good area to TP. 2 options: 1) Enter part of my position size here, so if BTC were to drop from here, I am in the trade 2) Stay out and monitor BTC price actionI think that this trade setup is still in play. However, I would remain patient and monitor BTC price action as i still think BTC can go higher. 3 possible scenarios: 1) take out the highs(red) and then drop 2) take out the high(blue) and then drop 3) pump to the moonHonestly think that the ALTs will either range or slowly bleed as BTC do it thing. Or I could be wrong and ALTs will play catch up now. Would be cautious of entering shorts now. Would monitor BTC closely before entering a short. Definitely would TP fast to lock in profits.A nice 7% drop from Entry target. Still think BTC could go higher. TP should be taken, stoploss to entry. A guaranteed winning trade.
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