AlphaTraderHQ
@AlphaTraderHQ
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Technical trader | Elliott Wave & Price Action | Teaching skill over hype | YouTube: AlphaTraderHQ | Real analysis, no fluff | Not financial advice
Yorkshire
Joined May 2021
Since $BTC lost the local low at $81k my longs were stopped, Iβm now targeting lower fib extensions for a potential macro bottom. I think weβre closer than most think and will look to re-enter longs here! Invalidation = acceptance above 81k until then I must accept this move.
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#Bitcoin Iβll be looking for short opportunities on the next micro push up. We may see the local high taken slightly, grabbing liquidity in the $75Kβ$76K region before the final stage of this correction. Potential downside target remains the $53K zone. Updates to followβ¦
#Bitcoin building a clean micro bullish structure π Fib levels holding + clear higher highs & higher lows. As long as 67k holds - especially 65k - structure stays intact. Looking for continuation toward upside targets. Micro long from 66.2k. Will update. π
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#Bitcoin beautiful price action scaled out some profits here but keeping some in as we may touch a bit higher yet! Still not convinced the bottoms in so caution is needed at current levels and I will be looking to open shorts soon
#Bitcoin building a clean micro bullish structure π Fib levels holding + clear higher highs & higher lows. As long as 67k holds - especially 65k - structure stays intact. Looking for continuation toward upside targets. Micro long from 66.2k. Will update. π
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#Bitcoin building a clean micro bullish structure π Fib levels holding + clear higher highs & higher lows. As long as 67k holds - especially 65k - structure stays intact. Looking for continuation toward upside targets. Micro long from 66.2k. Will update. π
#Bitcoin I will look for longs from this region with a stop on the local low watching fibs and structure if we have a micro correction here #BTC looks like it wants to take out liquidity above π§ 74-81k region would be the target if support holds!
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$BTC β 1H Chart - 15min Price is showing clean micro bullish structure with higher lows and steady momentum. Looking for a pullback long into support. Structure favours continuation, with 74k as the upside target. Patience for the entry - no chasing.
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#Bitcoin got stopped out at the local low $64,980 Stop losses are crucial
#Bitcoin 4H liquidity heat map Open long position from $65,301 would be nice to attack range high at least before opening a short π lots of liquidity sitting at $74k region too π Stop on the local low risk managed π€
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#Bitcoin 4H liquidity heat map Open long position from $65,301 would be nice to attack range high at least before opening a short π lots of liquidity sitting at $74k region too π Stop on the local low risk managed π€
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1st entry of a scalp long $65,775 #Bitcoin will add more if we slip a bit lower π
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#Bitcoin closing majority of my short here stop on remaining trade above 0.50 with tp set at the 0.618 if we tag that level.
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#Bitcoin still looking for the short near range highs π Yesterdayβs attempt failed and I got stopped out - part of the game. No reason to force it, but if price keeps rejecting the upper range, the short thesis still stands.
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This didnβt age well π
I was stopped out greedy shorts got wrecked β οΈ
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