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$BTC rejected at the level I marked some time ago. Now, according to simple TA, we're either holding here, breaking through the supply, and teleporting higher, or we break down and things are looking grim. #BTC
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$BTC The plan for $BTC remains the same No trades at the moment! A reversal here, and we're going long, I think 85K next! #BTC
$BTC Most traders mark support and resistance levels with lines. The tails of the wicks indicate this with proof. A buying tail isn't just a guess; it's documented evidence that the price entered the zone, met aggressive demand, and quickly exited without establishing any value there. A selling tail is the same but at the top. When the price returns to the tail, it's not just a level. It's a test to see if the buyers or sellers who created it are still around. If the tail holds, they are still in the game. Trade it. If the tail gets engulfed, they're gone. Get out. Lines are opinions. Tails are facts.
$BTC Could it be this simple? Three separate daily naked ROS. The first two are pure deviations. Now the price is approaching the third ROS again... #BTC
Survival in trading is more important than being right
People think that trading is when you correctly predict the price. It is not. The most important thing in trading is not how right you are, but how you survive when you make mistakes. I have seen thousands of traders. Many were very smart, very correct in their predictions... but still went bankrupt. Why?
The geopolitical driver (US-Iran) is fading, and reality comes to the forefront: the greenback is overvalued, and fast-money has already started to actively "unload" it.
Key points on USD Bearish setup: 🔵Fade the rally. Sales on the rise have become the dominant strategy for hedge funds. We see a classic distribution: institutions use any bounce attempts to exit their longs. This is not just fixation; it is re-pricing expectations regarding the conflict.
$TAO Deviation above resistance and now back below, caused by drama in the team. The price has confidently found support at the 90-period VWAP — this is now the main level that holds the entire local uptrend. If we break it down — I expect a classic liquidity sweep from the lows. Or a bit deeper - to the next Fibonacci level. #TAO
In life, there are only three things one can be certain of: death, taxes, and Donald Trump stating that the Strait of Hormuz is open at 8:30 before the stock market opens.
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