yonitrades

Unfortunately the first idea for a INJUSDT.P long didn't come to fruition. INJUSDT.P moved to its lower end of weekly value just as I was anticipating a reversal on Bitcoin. This provided an opportunity for a buy along with Bitcoin.As mentioned, this idea is based on a Bitcoin long idea that I just posted. After all, alt coins rarely move up without Bitcoin in their company! Link for Bitcoin idea below:

I've been on a losing streak recently for day trades, but I am optimistic about this trade idea! As illustrated in the chart (90 minute chart), the price of bitcoin is holding steady above 58k (last weeks value high). The orderbook also shows strong bids appearing at this price level (Green dashed line). The first visit to this level resulted in a sustained move up on Tuesday. This is a good sign that shows price is accepting this zone(58k to 62k) and is stabilizing/balancing within it. Just about an hour ago, the green dashed line was revisited. This also cleans up Monday's value area low. Based on this, I am positioned long. See chart for entry, target and stop loss.This short term Bitcoin trade idea is backed by my longer term analysis I posted a little over a week ago. Chart link below for that.Boost and follow for more ideas! Thanks!

This trade goes hand in hand with one of my recently posted ideas about INJ. I believe INJ is about to begin trending up (along with BTC). Entry at weekly value high retest, targeting year's value low at $23. INJ has outperformed most of the market today, including BTC!My original idea about INJUSDT

Yesterday's long may have been a bit premature! Risking a bit more now that XRP tapped recent VWAP and stepped out of local value. Looking to see some green candles soon! Orderbook also fully on my side this time as opposed to yesterday where there was not much clarity.The base of this whole trade is the trend start that I saw on Wednesday.Stop reached. Closed.

My initial idea for a XRP long had bad timing and as a result I missed yesterday's move! BUT, the best part is that yesterday's activity indicated a trend start; whereas last year's aggressive move up on XRP in July was for liquidity purposes. Leveraging the orderbook to take this long along with developing weekly value. Let's see what happens after the session opens in 12 minutes!Stop loss reached. New trade idea posted for XRP.

IINJ is one of the few coins that has outperformed Bitcoin last year. (Outperformed is an understatement) This entire year has been a large pullback which I believe has just come to a finish. Its safe to long a majority of coins at the moment, but I think IINJ will be one of the few that will continue to outperform the major coins and the overall market.$14.45 represents last year's peak of value which has just been retested earlier this week. If Bitcoin expands higher, this coin will undoubtedly melt faces. I am obviously long. Also a fantastic coin for day trading. My projected price for IINJ at the peak of this run would be around $125.On a side note: My first successful idea is playing out on BTC! It was posted a few days ago. Follow and boost for more ideas. Any feedback or comments welcome!

Despite all the fears, all BTC has done is reach below value and retest January's high to the dollar. With a great reaction to close out today's session as well. The gray box represents the year's value. As shown, short above it and long below it. Very simple. I won't be waiting for BTC to breakout above (although that is likely). Target destination is the other end of value which is 70k.Friendly reminder that BTC was at 29K a year ago! We are not in a bear market. (yet at least)

XRP has held quite nicely during this pullback. It has even decorrelated from BTC towards the beginning of this past week. Held .54 beautifully. Those that show strength during pullbacks will outperform during rallies. The resolution for the SEC case seems to also be just around the corner. Perfect catalyst!Trade closed: stop reached: Invalidated. Stop reached!

BTC has been getting hammered this week along with equities. I did not post my idea here, but I was short. Currently closed all shorts and flipped long. It is a long shot, but it is worth a try! It is hard to forget about the bigger trend when we see downtrends such as this one. Very clear invalidation as outlined in the chart.Trade closed: stop reached: Invalidated! Stop reached