As I feared, BTC broke down over the weekend making a lower low in the mid 18,000s. This presents a new long setup which saw a really quick turnaround. Slightly bullish for the time being but I'm still looking for that macro lower low. Shorts remain active as my longs continue to bleed me. NFA
Picking up this long setup on LRC following BTC's weekend dump. Right now TP is set to a wave resistance. TP will be calculated more accurately in the event this trade shows some life. Shorts remain active. NFA.
Looking for a quick retrace of this initial wave. Might adjust TP to the 61.8 depending on the following price data. I want to hedge short if any bearish ABCs crop up within this wave. Peripheral shorts remain active as I expect lower lows based upon larger wave structures. NFA
Remaining bearish until the completion of this 5-wave set around 17.5-17.5k, at which point a key long position opens up for me. I'm expecting this 5-wave will be nested within a larger bullish ABC. I would expect a retrace to at least 30k in this situation. Who knows? As always, hedging my positions along the way. NFA
Longing this structure by way of contingency in the event that BTC pushes 25k in the following weeks. This is technically not a hedged position. Peripheral shorts remain active as I expect lower lows based upon larger wave structures. NFA
In the event ETH makes a lower low around 1420 I will be entering long. TP set to 61.8 as the size of the wave allows for a decent R:R. XMR short remains active as a hedge. NFA
Picking up this scalp on XMR to serve as a hedge to this month-long short. NFA
I'm remaining in this nearly month-long trade as funding rates have been forgiving. Refusing to TP on anything short of a 50% retrace as I remain bearish based upon larger wave structures. NFA
just making you second guess yourself, just in case you dont do it enough already... its a possibility.