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CRYPTO MECHANIC
@CRYPTOMECHANIC
Trading Crypto Since 2016 | Mainly Focused on Technical analysis 🟢 Twitter @cryptomechanicX
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There goes $BTC hitting $71k i posted this when it was under $61k and i was buying . you were too scared about the WAR like the world is about to end. i have been continuously posting $BTC updates and setups. That's all I can do.
There goes $BTC hitting $71k
i posted this when it was under $61k and i was buying .

you were too scared about the WAR like the world is about to end.

i have been continuously posting $BTC updates and setups. That's all I can do.
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$BTC Tapped the liquidity under $60k multiple times but those highs are untouched.

Sooner or later but i do think Bitcoin will visit those highs.
Good bounces 😀
Good bounces 😀
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Altcoins are currently at the zones that if we don't see a bounce on it later today or tomorrow, That will be concerning.
You didn't catch this $DOGE move, Did you? i shared the whole plan with you. pullback from the key zone to the entry zone. Worked out perfectly 🤝
You didn't catch this $DOGE move, Did you?

i shared the whole plan with you.
pullback from the key zone to the entry zone. Worked out perfectly 🤝
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$DOGE Goes up 50% without any pullback, Currently sitting at key zone. I don't really think its a wise decision to buy at this price a pullback under $0.1300 can provide a better opportunity.
Took some profits on my $BTC Trade. you all know when i added it as i shared everything here. Will keep the rest for more upside.
Took some profits on my $BTC Trade.
you all know when i added it as i shared everything here.

Will keep the rest for more upside.
Posting without any comments. $BTC
Posting without any comments.

$BTC
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$BTC $70k - $72k is probably the last big hurdle
In my last bitcoin update i said if you were not bullish at $60k and missed your entry you don't have to chase it at around this key zone.

Now that price is here i think a better trade opportunity will be a pullback into $64k -$66k zone or once price holds above this zone.

Right now it's a no trade zone for bulls imo.
Altcoins are currently at the zones that if we don't see a bounce on it later today or tomorrow, That will be concerning.
Altcoins are currently at the zones that if we don't see a bounce on it later today or tomorrow, That will be concerning.
$ENA Breaking down below the key zone. if it doesn't bounce back before the daily close. I think that will change the whole Bullish picture.
$ENA Breaking down below the key zone.
if it doesn't bounce back before the daily close. I think that will change the whole Bullish picture.
$SEI showing the weakness like every other Altcoin. I did say last week there is no trade setup on it. Price is currently sitting at the key zone. I still have my position on it, didn't add anything more. If price closed below this zone i will simply cut it as there will be no reason.
$SEI showing the weakness like every other Altcoin. I did say last week there is no trade setup on it. Price is currently sitting at the key zone.

I still have my position on it, didn't add anything more. If price closed below this zone i will simply cut it as there will be no reason.
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$SEI Consolidating under a key zone after a move up.
No trade setup on it right now unless we see a Daily break and close above $0.4800 or a pullback under $0.400 once again.

I already have a position on it and i haven't touch it yet.
$WLD Failed to hold that zone, Altcoins market is showing weakness against BTC moving. technically it's not a good looking chart now unless price reclaim that $2.200 zone.
$WLD Failed to hold that zone, Altcoins market is showing weakness against BTC moving. technically it's not a good looking chart now unless price reclaim that $2.200 zone.
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$WLD update
As long as price is holding above $2.07 - $2.200 zone i think the chart looks fine .

A pullback into that zone can provide a good entry.
$DOGE nicely provided that pullback under $0.1300 and bounced.
$DOGE nicely provided that pullback under $0.1300 and bounced.
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$DOGE Goes up 50% without any pullback, Currently sitting at key zone. I don't really think its a wise decision to buy at this price a pullback under $0.1300 can provide a better opportunity.
$WIF update Nothing good in it as price is still below that key zone.
$WIF update
Nothing good in it as price is still below that key zone.
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$WIF Sitting at a key zone
A better trade opportunity will be above this level.
Bitcoin chart looks Absolutely fine while Altcoins are taking the hit. Price retested that broken high last week and bounced. I think $65k is going to play a key role going forward. As long as price is holding above it $BTC is fine. $70k-72k highs remains as strong resistance but price will break it eventually if it continue to show the strength.
Bitcoin chart looks Absolutely fine while Altcoins are taking the hit.
Price retested that broken high last week and bounced. I think $65k is going to play a key role going forward. As long as price is holding above it $BTC is fine.

$70k-72k highs remains as strong resistance but price will break it eventually if it continue to show the strength.
People always ask when altseason will start and i always answer it will never happen. Those big accounts you see on the internet talk about Altseason are just selling you dreams. i have seen many bull runs. 2017-2018 was one of the best because not many coins were there, not many coins were available to trade on futures , most of the coins were only available to trade in bitcoin pairs and everything was pumping at that same time. Right now it's just a money rotation. People are jumping from one narrative to another. Actually most traders are now interested in trading memecoins because of the rate of return. I personally think it will go on like this. i don't think 2017-2018 Altseason will ever be back. You have to put in the hard work to find which narrative will do well. Otherwise many people will be left behind waiting for their Altcoins to pump.
People always ask when altseason will start and i always answer it will never happen. Those big accounts you see on the internet talk about Altseason are just selling you dreams.

i have seen many bull runs. 2017-2018 was one of the best because not many coins were there, not many coins were available to trade on futures , most of the coins were only available to trade in bitcoin pairs and everything was pumping at that same time.

Right now it's just a money rotation. People are jumping from one narrative to another. Actually most traders are now interested in trading memecoins because of the rate of return.

I personally think it will go on like this. i don't think 2017-2018 Altseason will ever be back. You have to put in the hard work to find which narrative will do well. Otherwise many people will be left behind waiting for their Altcoins to pump.
Altcoins literally have no respect when it comes to the downside.
Altcoins literally have no respect when it comes to the downside.
Inactivity is also "Trading" Just because you are a "trader", that does not mean you should actively trade and stare at charts 24/7. Sometimes, there are just no setups. If you know your edge, you know when to step aside. This is the Capital Protection and it's the major part of trading, that many haven't mastered. Trading, when you should not, could be your biggest performance killer.
Inactivity is also "Trading"

Just because you are a "trader", that does not mean you should actively trade and stare at charts 24/7.
Sometimes, there are just no setups. If you know your edge, you know when to step aside.
This is the Capital Protection and it's the major part of trading, that many haven't mastered.

Trading, when you should not, could be
your biggest performance killer.
This is exactly what happens when a projects gives out so much supply . $HMSTR , $CATI and $DOGS were telegram airdrop and was given out to millions of users. More or less doesn't matter each sell has a psychological impact on traders. When they see some sells coming in, it makes them panic and they sell their bags. These charts are a representation of millions of airdrop participants taking out whatever they can. Down 60% on Average.
This is exactly what happens when a projects gives out so much supply .
$HMSTR , $CATI and $DOGS were telegram airdrop and was given out to millions of users.

More or less doesn't matter each sell has a psychological impact on traders. When they see some sells coming in, it makes them panic and they sell their bags.

These charts are a representation of millions of airdrop participants taking out whatever they can.
Down 60% on Average.
If you keep working on yourself learn how to trade and find a profitable system for you. There will be a time you will stop caring about other people opinions. I can tell you that's the best time. As a trader you should be more confident on yourself rather than just depending on others opinion. And confident comes when you work on something and you know what you're doing.
If you keep working on yourself learn how to trade and find a profitable system for you.
There will be a time you will stop caring about other people opinions.
I can tell you that's the best time. As a trader you should be more confident on yourself rather than just depending on others opinion.

And confident comes when you work on something and you know what you're doing.
Stop sending me money guys, It's a lot i can't handle it 😂😂
Stop sending me money guys, It's a lot i can't handle it 😂😂
Bitcoin and other Crypto witneesed a sharp dip down because there is news circulating that the US Government launches investigation into USDT crypto firm Tether. It's not the first time they're coming for tether (USDT). I've been watching it since 2016
Bitcoin and other Crypto witneesed a sharp dip down because there is news circulating that the US Government launches investigation into USDT crypto firm Tether.

It's not the first time they're coming for tether (USDT). I've been watching it since 2016
What's Your next $BTC target ?
What's Your next $BTC target ?
$70k
45%
$64k
55%
1264 votes • Voting closed
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