Tealstreet

VELOUSDT | 1DEntry: .012 to .010Stoploss: .08 (low)TPs:.0145 to .0156.017 to .0194.022 to .024

Watching closely here as we bounced once again from the demand zone around 106k.H4 trend is starting to compress and inverse a bit, also lining up with a rough trend of lower highs. I would look for rejection on H4 trend or if breached, rejection in the imbalance and then a bullish retest on trend on the trendline.

DEGENUSDT | 1DPotential S/R flip here, hold this level I'm expecting it to run .009 to .012 (initial) to .016 to .020Local support is around .005 to .0035

Moodeng is starting to move again.If you’re up for some risk, you can enter here at cmp and DCA down till $0.26Stoploss just below the low at 0.234Targets:$0.2908$0.3042$0.3186

Starting to accept under H4 trend again. We had a similar situation on 5-6 May, let's see if we can get back above again or if we get a deeper pull back this time.Historically, ATH taps were followed by 10-15% pullbacks. That would put us in the green box. As you can see we would take the most recent long stops and at the same time breach the 100k psychological number.Imo it could provide a great long opportunity, since it's probably where sentiment will flip drastically, shorts pile in for breakdown shorting or late hedging.Execution is a bit tricky. Either you bet that 93.2k holds and scale in with a stop there, or you look for ltf entry of course.If we DO reclaim H4 trend here, I would look for a sweep of the poor highs, or potential grind above the highs then I'd favor continuation trades as long as momentum is strong.

Many traders know about the Monday range play:- wait for Monday high and low to establish- wait for a sweep of either side, play towards the other sideWhat many don't know, is that a sweep can fail, which implies there is another play:- if Monday range breaks to either side- then if price pulls back into the range, we play towards the side that just broke, not the other side of the rangeAs with all setups, this is just probabilities. There is no guarantee of trend continuation, but it is more likely to play out vs the other side of the range, after a clean break.

Only three things really stick out for me:- we just bounced on H4 trend again, very clean. If we break structure on m15 here we can look to long a pullback in any imbalance that can be left. Stop below the recent low.- Monday low left some equal lows. There are many cases where these remain untouched in an uptrend, but if you look back at previous impulses out of a consolidation, there is an internal liquidity sweep. Taking Mon equal lows but leaving the other lows untouched would be what that looks like. It also gives a clean trade setup.- We added another high in a series of bad highs already. Cleaning these up, THEN tucking back below could create a short setup. The pay off on getting these right is immense. The risk is also high because you are fading a strong uptrend so far. Size accordingly, even on small size you win big if you are right.

BTC | 1hDidn't expect such a strong rejection, another push back to 107k now seems unlikelyIf we get a reaction at 102k to 101.5k (val), we might see a complacency bounce into 104.5k–105.3k to fill some inefficiencies. That'd be a solid short, targeting 95k–94k

PORTALUSDT | 4hIt can spike to 0.078 - 0.083We can either take a long here at cmp with some risk or wait for the first rejection and enter on the pullbackRe-entry: .074 to .068Stoploss: below .057TPs:.078 - .083.093 - .105.117 - .126

Other than a few scalps inside this Monday range, there hasn't been a lot to update on BTC.I think patience is the best play here. Yesterday we took out the internal liquidity before a sudden reversal.Reclaimed H4 trend here once again, which as you can see is starting to compress a bit harder. This H4 trend has been a good guide for price since the 74k bottom, only inversing once (May 5-6).I'm in no rush to be positioned here, although I'll look for price to take out the internal highs or Monday highs. In both cases I would like to see a ltf confirmation, next to decent OI flush on high volume.Long entries can be found at a sweep of 102.4 or of course the Monday low sweep.