It’s incredibly difficult (and stupid) to predict cycle top price. There are no levels, only air above.
However, we can use Fib extensions to make a guess. I don’t know how high we go this time but at the minimum we should be expecting ~$122k
This is based on Fib range extension 2 + Fib extension 1.618 from ’19 bottom to ’21 top.
$SOL | Update
Fixed some profits at '21 ATH (~$260). Now, down to 1/4 of my position.
Will be trying to buy back a bit lower ($212-$202).
Pretty happy with how I handled this trade. Bought $113 during summer -> sold $259 for a 130% gain.
$BTC
I feel like we're forming a consolidation range here. Price action needs to breathe a little before we continuing higher.
Still holding all my core spot positions + leverage plays. Interested in adding lower if we get there (a sweep of $88k liquidity for example).
Higher quality chart:
https://www.tradingview.com/x/OQJ8swh1/
$SOL
Still holding my long entries from summer. Nice profits (100%+ on spot, no lev)
https://x.com/edwardmorra_btc/status/1859618814784053627
$ETH
I've entered some fresh ETH longs after we closed that daily above $2830.
My entry is $2888 (I also have spot ETH from lower).
Still holding & will probably add more if we dip below $3k again.
As much as ETH is hated it will inevitably break new ATH. Don't let anyone convince you otherwise. Its been like that for many cycles. It was always lagging behind BTC first.
Higher quality chart:
https://www.tradingview.com/x/arsj23ti/
$BTC | LTF
Possible liquidity run just below $85k followed by a bounce.
If it fails I have my eyes on $82.3k level.
Still holding my longs from $68k. IMO this is a healthy correction before we continue higher.
Higher quality chart:
https://www.tradingview.com/x/WgOEtirQ/
$DOGE
Closed another 1/3 in huge profit here. Leaving the rest as a moon bag.
Absolutely monster trade. No time wasted + any size.
$BTC
Holding long and strong.
Could see us correcting on Monday to possibly close CME gap down to $77k but in a bull market you usually buy Monday nukes.
Disable the red button
$ETH
The time has come!
Bullish daily close above ~$2830 and we off to the races.
Hated rally!
Higher quality chart:
https://www.tradingview.com/x/NrGth118/
$POL
Polymarket is the most important app of this week. It accurately predicted the election results beating all experts/analysts. And its built on Polygon (MATIC)
Bullish reclaim of '22 low will make the chart look fantastic. I'm a buyer.
Easy x3 from here.
For higher quality:
https://www.tradingview.com/x/KQbrwE6m/
$DOGE
Up around 40% from entry. Best performing large cap!
Trimmed 1/3 of profits, letting the rest ride for now!
Thanks for playing!
$BTC
Must-hold area for bulls here imo.
I have filled some fresh longs in green box.
Will cut it if we close below $65k (!)
$BTC
In case there is some weekend shakeout thing. This is the dip I would like to add.
Don't puke at the bottom
https://www.tradingview.com/x/Lgw68V4K/
BTC Dominance to at least 60%+, then alts season
https://x.com/edwardmorra_btc/status/1847236724805730728
$ETH
Still riding this position although I wasn't able to add more.
ETH trends are notoriously steep so consider price wicking into $3410 or $3220 (not sure about this one) a gift.
Higher quality chart:
https://www.tradingview.com/x/adCdcENx/
$BTC | Update
$100k was missed by a hair. I ended up frontrunning it by closing profit partially at $99618 (Fib).
Bought back some at $91.1k (daily level). Now back to 2/3 of original position size.
Will be looking to add even more lower.
All that buying ($5.4 Billion!!! in a week) and we couldn’t get above $100k. I think its gonna take us a while before we break past it decisively.
Market needs to cool down and consolidate for some time (maybe 2+ weeks), I have trimmed some leverage exposure to fix profits but leaving my all my spot holdings. Will be looking to buy the coming dips.
Thanks God I sold my claim earlier this year.
Even after considering the fact I got < 90% of my claim (I sold in April) back - I'm still in profit since I bought crypto that went up during that time.
By the time creditors get their money back (March '25) - markets gonna x5 even more. This will also mark the local top most likely.
▫️More details:
https://x.com/FTX_Official/status/1859643725183602788
$POL
Around +37% since my entry. Its only a warm-up so far.
Holding strong!
https://www.tradingview.com/x/Rn0V7pdz/
$BTC
Still holding my lev long (2/3).
Will be watching $100k as a potential profit taking area because of meme round number. Spot is untouched though.
Higher quality chart:
https://www.tradingview.com/x/AzO1rMza/
https://x.com/edwardmorra_btc/status/1856290780249297407?s=46&t=XuD_8NTct8mdlaN547c0bw
Читать полностью…CME gaps are memes during a bull market?
I guess we'll find out sooner than later. Buy dips when it happens.
Disable red button.
Higher quality chart:
https://www.tradingview.com/x/Cb9IJLcC/
$DOGE
Riding the rest (2/3) of my position. Up 60% since entry.
DOGE rallies were always a sign of upcoming alt season. Don't sell too soon.
$AVAX
FA + TA
Gaming blockchain. Huge success of games like "off the grid" (around 1M MAU) and recent Avax9000 gaming grant makes it a good bet.
I'm adding more $AVAX to my portfolio. Don't think we make new macro lows.
Higher quality chart:
https://www.tradingview.com/x/C2VCvpxW/
$BTC
For proper ATH break we shouldn't be closing below ATH on a daily basis imo. Wicks are fine as long as we close above ~$73850 today for continuation of the trend.
Another option - we consolidate right under ATH to build up liquidity (momentum) above and blast it later.
For higher quality chart:
https://www.tradingview.com/x/ftwSJlxn/
$DOGE
Started adding some $DOGE and set my final bids at around ~$0.144 just in case.
If Trump wins - this still has legs.
$ETH
When BTC decisively breaks past ATH it’s only a matter of time before ETH plays a catch up.
I don't make the rules.
$DOGE
If you hold some DOGE, here is the chart with some targets for near future
https://x.com/edwardmorra_btc/status/1847244660902891848
$BTC
Everybody already posted about this diagonal a million times but still, feels like price been coiling up for long enough already and we can see an explosive move soon.
Whenever that happens - expect high volatility, we have been ranging for 8 months. So, be careful with leverage. When BTC sends - most altcoins probably going to suffer first, this is usually what happens (BTC pumps first - alts suffer -> BTC consolidates - alts send).