✨We enter no more than 1% of the deposit into each transaction, sometimes in the post we indicate less than 0.5% with the aim of averaging later by another 0.5%.
✨There should be no more than 5 open transactions at the same time in the total. Ideally 2-3.
✨So don’t go into everything, but choose the deals that you like the most. (If all current transactions have already been put on hold, then you can open new positions)
✨Upon reaching the first take, we transfer the position to boo.
✨We will definitely fix it for each specified take or for an already significant % of profit at your discretion!
✨When making profit from closed transactions, withdraw part of it to spot
💵P.S. If swing trading, then use 3-5x leverage 1% of the deposit. If the stop is positive, you can transfer it to maximum leverage to free up more margin 👍
Over the weekend, X began actively discussing the possible lifting of the ban on cryptocurrencies in China by the end of this year. The CEO of Galaxy Digital wrote that he also heard about it.
🥷One of the reasons for such rumors was the completion of Justin Sun's trials. At the end of June, the founder of the Tron network won a libel case in the People's Court of China.
🦄If China lifts the ban on cryptocurrency, the impact on the global crypto market could be huge.
7️⃣The return of China, as one of the largest economies in the world, to the crypto market can increase trading volumes and raise prices for digital currencies
🥂We went completely according to the plan of the last review, should we expect further growth?
💵During the day, a Block Order was formed, from which a reaction is expected at least to the 61500 zone, we will also enter the Premium zone, and there we will meet the first strong resistance zone in the form of the OTE and imbalance zone.
So, let's clarify what is happening, what should we expect from Bitcoin?
🔥Globally: During the day, as previously mentioned in the review, we see the Wyckoff reaccumulation scheme, but there is one BUT. The movement indicated as SPRING, in previous reviews, turned out to be just a general ST in B. ❓What does this all mean? This means that we can go down to the area of 53,000 per Bitcoin. In order to form an ideal SPRING, wipe out all unnecessary passengers with fear. And then fly off to the crossroads. Please note that we have not yet certified the average of either the weekly or monthly imbalance. With this formation of SPRING, we can fill the middle of the monthly imbalance, which serves as very strong support, and without leaving the nearest magnets, we can calmly fly to the peak.
🔥Locally: We can notice accumulation according to Wyckoff, now we are in phase B, namely, it forms a deviation from below the range, I assume that the end of SOW in B will be when the price pricks the middle of the weekly imbalance, then it is expected to return back to the range, to cover the minor imbalance , and then the formation of spring in the accumulation scheme. Please note that spring has two phases that coincide with each other.
⚠️I hope there are no questions left, if you don’t understand something, ask.
So, let's clarify what is happening, what should we expect from Bitcoin?
🔥Globally: During the day, as previously mentioned in the review, we see the Wyckoff reaccumulation scheme, but there is one BUT. The movement indicated as SPRING, in previous reviews, turned out to be just a general ST in B. ❓What does this all mean? This means that we can go down to the area of 53,000 per Bitcoin. In order to form an ideal SPRING, wipe out all unnecessary passengers with fear. And then fly off to the crossroads. Please note that we have not yet certified the average of either the weekly or monthly imbalance. With this formation of SPRING, we can fill the middle of the monthly imbalance, which serves as very strong support, and without leaving the nearest magnets, we can calmly fly to the peak.
🔥Locally: We can notice accumulation according to Wyckoff, now we are in phase B, namely, it forms a deviation from below the range, I assume that the end of SOW in B will be when the price pricks the middle of the weekly imbalance, then it is expected to return back to the range, to cover the minor imbalance , and then the formation of spring in the accumulation scheme. Please note that spring has two phases that coincide with each other.
⚠️I hope there are no questions left, if you don’t understand something, ask.
⚡️So far there are 2 options for the development of events
1️⃣Option - we have a OB formed for 4 hours, and from the current ones you can expect a rollback to the area of 61500 to cover the gap, from there you can expect an upward reaction to the bearish OB, break the structure, and from there, a rollback to a small gap to the area of 59800 is possible
2️⃣Option - from the current ones we go to scrap the structure, touch the OB, and go to roll it into the gap zones.