Here's my plan for now. There are both positive and negative news that can greatly affect my plan, so take it with a grain of salt and use it mostly as food for thought.
War News: - US involvement, check ✅️ - Bomb nuclear facilities, check ✅️ - Close Hormuz strait, almost a check ☑️ - Hit on US bases, not priced-in, could happen (negative 👎) - War escalation, not priced-in, could happen (negative 👎) - Iran leadership capitulation or regime change, not priced-in, could happen (positive 👍)
Macro news: - 2x FED members open to change of monetary policy and/or rate cuts. Nothing official yet, just comments. - One BBB Act likely to pass. It includes spending and tax cuts.
TA/Charts: - Weekly closed below previous Weekly Close ATH (bearish 🐻) - Daily closed confirming a lower-low in daily structure (bearish 🐻) - LTF; 98-100 local support. 102.7 local resistance. Below 98 -> 93s-95s. Above 102.7 -> Short Squeeze towards 104.7-106.5
Plan: - For now, slowly build some spot positions around the lows. Sell the bearish retest at 104.7-106.5. - If situation is still shitty then expect new lows (93-95), buy them and sell into the next short Squeeze. Repeat until end of summer. It will look something like that; 98->105, 93->101, then a slow reversal. - If situation resolves positively, then 102.8 should become our new support for a time-based bottom. Once the time-based bottom is in, we'll move towards 112k+
Hope this helps you build some kind of Thesis and Perspective. 🙏
In base a tutto ciò che stai osservando - Grafici (TA), Macro, Geopolitica, Liquidità di Mercato, Stagionalità ecc - Dove pensi che stiamo andando la prossima settimana? $BTC
Sto vedendo troppe persone cambiare idea, facendo a pezzi il loro portafoglio da due settimane. Alcuni account stanno cercando attivamente di convincerti che stanno entrando e uscendo da posizioni SPOT da 7 cifre su base giornaliera. Ignorali. Ti stanno sfruttando. Fai un piano. Esegui.
You think alts are pumping because $ETH woke up out of nowhere. What if I told you this move has little to nothing to do with ETH and it's definitely NOT random but rather a shift in risk appetite that we've seen before?
- Gainzy threw a tantrum on ETH at the bottom - Value Extractors are back at shilling their Cabal coins - Larps who were 100% in stables two days ago are posting "i told you so" & green PNLs out of nowhere
Questo giovedì, sarò accompagnato da @teohaik, Team Leader dell'Ingegneria presso @Mysten_Labs, per un'intervista esclusiva sull'ecosistema SUI! Giovedì - 8 Maggio - 20:00 EET - YouTube
SUI ci sei!👇 https://youtube.com/live/1un94QEX1Kc?feature=share
[Post Comunitario Settimanale 🫂] Ogni tanto, condivido il lavoro dei miei amici per aiutare più persone a scoprirlo. - Questo venerdì (9 maggio) i miei amici di @bitgetglobal (@effiekav / @andr_vlachos) e @AvaxTeam1 (@Oxydo11) stanno organizzando un incontro ad Atene. Non penso di farcela, ma sentiti libero di darci un'occhiata!