Just sharing market sentiment.



This post has been edited by mois: Jan 19 2025, 04:49 PM

How to check from US?

There is one trendline I would like to share. This trendline look extremely good. It acted as support before and now the trendline acted as resistance.






Look at that what I found in Q1 2021. Same distribution schematic ended by same pattern trendline!! Holy moly!




This post has been edited by mois: Jan 19 2025, 08:14 PM

I dont want to give financial advice. But here is what I gonna do using the trendline. Prepare to lose 2% for the trade if it pump above trendline. This is a short play. The best risk-reward I found so far after I found the trendline.



1) Wait for 105834 resistance to be broken and price hit 106300-106800 trendline depending when it test.
2) If rejection happen there, wait it reject below 105834 then enter your short position using 50% of your desired position size. By then it should print 1H and 4H bearish divergence. Do not all in. Because you need to cut loss if it decide to pump again above trendline.
3) If it is LPSY, it will have heavy dump toward 102k. There you can add more into your position and enjoy the phase E I am talking about.

The don't
1) Do not short at trendline. Always wait for confirmation aka rejection
2) Do not all in desired size. If it is LPSY, eventually it will mark down toward 73k. You have many times can add on positions.

Lucky wake up.

Already break below 102k last LPSY price. It should be safe. But I am not 100% certain if it will retrace to 103k.

But there is 1H hidden bullish divergence now. So really possible. If dump below 97k then 1H hidden bullish divergence is gone.



This post has been edited by mois: Jan 20 2025, 11:14 AM

Yea. It look like a fake dump. Gonna drag again.

Huh? Since when back to 103k? Still retesting support turned resistance. Calm down. But you can go long if it go up 103k again



This post has been edited by mois: Jan 20 2025, 02:08 PM

Tough right at top. My position closed too

Yeah it should be invalid if it pump above trendline. ATH soon

This post has been edited by mois: Jan 20 2025, 02:52 PM

Trump speech!

Wei. Later all in, it drop how?

I think it is time for me to wrap up. Since already pump above trendline and market structure look like has changed. It is uptrend after 99k(Higher LOW) dump. Creation of new Higher Low and Higher High.

It is time for me to get bullish as well. Since myself already bullish, Im repeating the re-enter higher and sell Low again soon. TRUMP MAGA!

Once bitcoin make price discovery above 108k is the time distribution cycle invalidated.








This post has been edited by mois: Jan 20 2025, 05:25 PM

Ah you noticed. Market cap and BTC both 1H & 4H bearish divergences still there. Can wait and see only for now. If heavy dump suddenly come in, the divergences legit.
Market cap using the same trendline. It never pump above trendline yet. Still being rejected by trendline. I think last time I said market cap never lies. Lets see if its true.
Market cap didnt make ATH. Infact there is 4H hidden bearish divergence as well. With 1H and 4H regular bearish divergence also present. Damn
Prices can lies using bitcoin dominance money. Just rotate alts and btc.



This post has been edited by mois: Jan 20 2025, 06:08 PM

Sorry guys please ignore me. But I am not someone who will give up easily especially last few months (March 2024-November 2024) is Re-accumulation. What come after Re-accumulation must be Distribution one. But since I say I gonna repeat my Re-enter at top. This bring me back to Q4 2021 memories. What if schematic #1 already invalidated. But actually we are in SCHEMATIC #2 under Daily chart? Mindblown if this is real. Meaning we repeat Q3 2021 4H chart into Daily chart.







This post has been edited by mois: Jan 20 2025, 08:32 PM

Schematic #1 already invalidated.

Schematic #2. I dont even know if it is real.

Wait tonight 1130pm or 1230 trump inauguration.

Ignore it for now

Any idea what time is trump inauguration? 1130pm? or 1230pm?

So I was right. Me getting bullish meaning the trap is success. Haiya

Wah so many trades. Anyways, yesterday no price discovery. Meaning it isnt a schematic #2 either. But somehow if I use Daily chart. The candle still closed below trendline. Yesterday event printed a wick.

Maybe schematic #1 still here? Im very sure 4H chart it is invalidated since it pump above trendline yesterday.




This post has been edited by mois: Jan 21 2025, 09:31 AM

Bro you no cut loss below ATH?