christoferjuliussayco

For the past weeks all BTC did was go down from 126k, from here we can hypothesize that we are on a wave to the downside and all move the upside are all corrective moves for another low to come. We can see the W wave as an easy 5 subwave with X as 3 subwaves. From here on there are 2 scenarios. 1. We are on the verge of the making of the huge wave 3 for a reversal of the trend OR 2. Our Y wave ends with a truncated and we are ready for the next major wave to the downside. Right now evidence show we are going for option 2. Why? a.) Going into the orderflow, we have 25million longs TRAPPED on the high b.) We have made a liquidity hunt on the last week's high. c.) We tapped on the VAH of the last week of November d.) All move to the high were made in a matter of minutes (a clear rejection) The option 2 scenario will give more conviction if we lose i.) 91,950 - pwVAH ii.) 91,350 - pmPOC (MAJOR CONVICTION) if we lose this All these idea will be defeated if we suddenly show strength here at the top The only thing that I am to expect for my validation is a series of 4H closes above 93,600, it shows acceptance above value of the range This idea is not made for a trade but as a guide to what to expect for the following days.A nice buy back from the drop happened for the previous day. Expecting we go up for the previous month's value rotation to 100k

As we can see on the MACRO LOG scale of this asset, subwaves for each big waves are clearly seen. We look at this dump as a blessing; not something to be feared of. We stay patient for where this dump goes and simply trade it. Simply looking at the chart, vwap says 50k-ish is a very good zone to look into. Much much happy to come in if we visit below 50k with a failed auction to jump in. Ofcourse, this is a very much big swing idea that does not mean too much for trading levels. This approach is for investors who simply see bitcoin as an asset. For a trader like us on this website, we must look on intermediate levels. Goodluck traders!

We have grabbed liquidity of the range of this asset! Now we entered it's range value with our correction wave ABC flat tapping the range VAL This is a nice swing!!

A classic support to resistance flip with a golden ratio of the current impulse to the downside, A nice short for a possible pivot down to a HUGE correction

I've been expecting this badboy to come down to the 1350's and currently, its probability is higher than ever. We have simply come back to the acceptance of 1825. So I'mma short it once we get that retest of the level with the SL of the recent high made last night

A daily and a past weekly open/close is aligned with the VAL of the range we just came back into. No matter what anyone says, a reaction is imminent in this level. It is a nice long with a hard tp on the weekly open, with the rest of the position left running as it is inline with the past idea posted on this account. Entry and SL is as stated in the chartswait for iiittt

Just like AXS, An accumulation schematic is present in this asset! And the idea is technically the same as AXS where we take advantage of the accumulation schematic. This asset is stronger as as I am writing this idea, we are approaching a level of interest on ONEBTC. What's the idea? We have made a suspected spring and we have went back into the range, locally we also are inside value range so why am I targetting an entry of 0.0105? This setup aims to snipe the snipest of the low. On my last RUNE setup which catched the low before pumping 28% right up, it was just a weekly open/close along with a local VAL The same idea is to be applied here. WE have a retest of acceptance into the the whole accumulation range's value and LOCALLY, we are in the midst of the value range but momentum is to the downside. Logically, the highest probability of the pivot is the price of 0.01191. It is a monthly open/close. local POC. But hey, if a wick goes to the downside 4% is an easy feat on the crypto (0.01191 to 0.0105 is about 4%) This idea aims to catch that falling knife. so if I go quiet for a few months, know that my hands are still recovering from the wound.Movement to the downside happens so quick. A much more significant level to the downside seems to be more appropriate for the long interest. The zone is 0.0092 to 0.0097Idea is not fully invalidated. Time is as important as price. If we happen to get a bit more time in the current price, idea will be as clear as sky oonce again

Scenario 2 from my past post occured and another short is possible! Short the short into long the long!

As the title says, axs is on a potential wyckoff breakout. A wyckoff breakout is a breakout so big to the upside that you won't have to worry about your bills for the next 5 years. Along with the potential wyckoff breakout, this asset has a potential trade setup for a value rotation to the upside. I have seen much of this fractal leading into the highest of the range only to be rejected to the downside. However, we are sitting pretty at the bottom of the range and the highest probability from the setup (if conditions are met), is to blast thru to the upside. So what are the conditions? 1. Pretty much just go back to the value range, we are longing the VAL along with the reclaim of a weekly

Rejection at past range POC but we are currently range bound and above the local POC. Expecting to break through as RUNEBTC also shows a sign of confluence (simple resistance to support flip) By toggling the log chart, a basic 5 wave structure is easily seen. Wave 3 is currently impending Although this could turn into a standard correction, (ABC, etc.) we are still bound to reach the VAH of the past range. IT IS A HARD TAKE PROFIT 1! It is too good to be true but this asset's wave 1 is a 1000% the possibility is never 0 Hard stop loss will be the low of the local range! (4.4) Entry: 5.15 SL: 4.4 TP1: 6.7Sign of Weakness Detected. New setup ENTRY: 4.815 SL: 4.626