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This is Earn&Learn channel. We are here to enjoy the ride while learning how to do it. Swing trading without pumps&dumps. Contact @theaudiemurphy for Enquiries https://bit.ly/TheAudieMurphy
Yesterday wick was ugly but if we look at macro, in no way it impacted Price action. We still are well above 27k, key price to maintain momentum. As long as we maintain to close above it, we'll likely go more higher than any lower.
Target still remains 32k - 35k
Invalidation if H4 close below 26.9k as previously mentioned
@CryptoTrades
World in the town is US govt is selling Bitcoin. Price wicked again towards lower support zone around 26.9k. need to see how we respond here and how much more they've got to sell.
Staying sideline till this settles completely
@CryptoTrades
GMT hit first Resistance level. Luckily we got in at bottom. Whoever joined, who stoploss to today's low, Take partials and enjoy the run
@CryptoTrades
US CPI YOY: 4.9% (expected 5.2%)
US Core CPI YOY: 5.5% (expected 5.5%)
#Bullish
@CryptoTrades
Consumer Price Index and Inflation numbers will be released in Exact two hours from now. This expecting good volatility in the market. Play Leverage trades safely
@CryptoTrades
Greed is over and it's Neutral index now. I'll be posting some dip buy fundamentally strong Altcoins today. Stay tuned
@CryptoTrades
I can see wholesome of Shorts entering market with good size. What do you think ?
Are we going to see massive shorts squeeze 🔥
Or
Another wave down to 26k coming 🦄
I personally am expecting a final low sweep between 26.9k- 27.3ish and then short squeeze. State your opinion by reactions
@CryptoTrades
Stx ripping hard even in bad market. Two Targets reached ✅✅
Power of Premium setups 💪💪
@CryptoTrades
Stx long posted in premium forum
https://bit.ly/TheAudieMurphy
Entering #STX Long Setup in two entries at 0.64 ~ 0.71$ (Current Price)
https://www.tradingview.com/x/C3IStW8y
Stoploss - 0.58$
Targets 0.75/ 0.79/ 0.88/ 1$
@CryptoTrades
📊 Altcoins Chart Analysis 📚
Coin - RDNT (RDNT/USDT)
Time Frame - Daily
Bias - Bullish
https://www.tradingview.com/x/MQaNfz5y
Was scanning Altcoins today. While all the hyped coins of quarter 1 like LDO, FXS, AGIX, FET, INJ, DYDX are facing corrections. Here's one Gem that will likely outperform Bitcoin and other Altcoins in coming weeks.
Can play a long with Tight Stoploss below mentioned order block around 0.35$. Pretty Good risk reward here.
Targets - 0.4/ 0.43/ 0.48/ 0.6$
@CryptoTrades
BREAKING: 🇺🇸 Federal Reserve raises interest rates by 25bps.
@CryptoTrades
Don't fall into their Traps again. This Price action is worth the Short we have loaded
@CryptoTrades
📊 Bitcoin Chart Analysis 📚
Time Frame - Daily
https://www.tradingview.com/x/pMivJQ4B/
Bitcoin hasn't gotten anywhere since my last update on April 27th. We have had nice fakeout till 30k which ended up being a Bull Trap as expected. Now that Btc has established a Lower High in Daily and printed a nasty daily candle yesterday which fell below Daily MA50, it had enhanced probability of Bitcoin visiting our Zone 2 at 24k-25.2k. Though we cant negate a potential Pullback from Zone 1.
How to Trade this Range
Good to open Short if we get any pullback towards 28.5k to 29.5k zone with Hard Stop 30.1k. First target being 27k
At 27k, we might see a bounce. A scalp long setup will be posted there provided I like Price action at that zone.
@CryptoTrades
How not to lose everything, after losing a Little.
Traders get chopped trying to catch every move and then trade hyper scared (Without knowing it),
eventually to lose it all.
People losing 90% of wealth isn't unique or rare.
Avoid:-
1. Impulsive trades
2. Taking on too much risk
3. Overtrading
99/100 successful traders would tell you that there's two reasons for being successful.
1. Edge.
2. Acute Risk Management.
Acute Risk Management-How you manage emotions and make trades in a calm and rational manner AFTER A LOSS.
#TradeSafe
@CryptoTrades
Don't forget who told you to load it when others were busy unloading it. Buy their Sell, Sell into their greed always remain Audie's Agenda.
All you have to do is cut the noise is follow me for making money into this chaotic market
@CryptoTrades
📊 Altcoins Chart Analysis 📚
Coin - Trust Wallet Token (TWT/USDT)
Time Frame - Daily
https://www.tradingview.com/x/PwEbwYYZ
I'm keeping on eye on one of the best Fundamental coin available in the market. Has been watching its price action lately. Unlike all other crypto Risk assets, Twt has managed to maintained its Trend since it's listing in 2 and half years ago. A Trendline originating from its listing day is still behaving well and all the Price action has occurred well above it.
Right now, its being traded in the middle of wide accumulation Range between 0.88$ to 1.35$. Either we see Reversal from here or if Bitcoin decided to visit 24k, then we will likely see retest of range low and more likely the ascending trendline around 0.7-0.8$. So If you're going to spot buy, make sure to spare sufficient funds to DCA In that region.
Nearest Resistances are
1.20/ 1.35/ 1.60/ 2 / 2.40$
@CryptoTrades
📊 Altcoins Chart Analysis 📚
Coin - GMT (GMT/USDT)
Time Frame - Daily
https://www.tradingview.com/x/7uV0D8w6
GMT is one of the best examples of what can happen to a coin when people are really into the technology and concept behind it. This is in so much hype and Demand that it quickly rose to 4$ after being listed.
It enjoyed it's second run starting from jan 1st to Jan 26th when it pumped approx. 300% from 0.23$ to 0.68$. Right now, almost all the gains from year beginning has vanished and GMT is forming textbook Double bottom. While everyone else is selling their coins at bottom in panic, I sense it an opportunity to accumulate. Previous H4 candle had nice volume printing good green candle.
If bulls manage to protect 0.23$ support, then Nearest Resistances are
0.28/ 0.30/ 0.33/ 0.36/ 0.42/ 0.61$
@CryptoTrades
Breaking :-
Ex-Coinbase manager sentenced to 2 years in prison for insider trading.
@CryptoTrades
📊 Bitcoin Chart Analysis 📚
Time Frame - Daily
https://www.tradingview.com/x/yqY75BUy
We lost that LTF Trendline and price fell below 28.5k triggering a move to sub 27k. Now we are reaching major support at 27k. Our Swing Long is still open with mentioned stoploss of any 4 Hour candle close below 26.9k. Good to accumulate here. It's a no Short zone. I can't see any bearish divergence RSI/MACD, no reversal pattern but just multi candle Bullish consolidation.
I'm surprised to see people becoming over bearish at support with all of the confluence / bullish continuation here.
PS :- Our long Trade is on with Entry 2 around these levels and sl 4 hour candle close below 26.9k
@CryptoTrades
📊 Bitcoin Chart Analysis 📚
Time Frame - Daily
https://www.tradingview.com/x/l3Du8Lpv
Checked few charts today that affect Bitcoin price action directly or indirectly. Charts like Bitcoin Dominance, Dxy and some latest fundamental developments.
As price action discounts everything, so we need to not become too rigid towards our bias.
Our both short entries filled at 28.5k and 29.5k with avg entry 29k.
Closing this short here at 28675 in profits and flipping swing long with stoploss below swing low at 26.9k
Targets - 30k - 31k - 32k - 35k
@CryptoTrades
INJ Short Trade Update
https://www.tradingview.com/x/Mu3m2PsY
Inj gave enough time and price to accumulate shorts in our short zone. Dumped nice 11% from yesterday's High so far. Move stoploss to your avg entry and take 25% profits here.
I'm not posting much updates as meme coins pumping with Bitcoin weak PA is clear sign of what's coming next. Our bias and direction Still remain same.
Fresh Bitcoin update coming next. Stay tuned.
@CryptoTrades
One hour to go for FOMC. Expecting volatility. Trade Safe
@CryptoTrades
Breaking:-
🇺🇸 President Biden says "we are well on the way to stabilizing the banking system."
He said it and we are supposed to believe it 😂
@CryptoTrades