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Looks like a wyckoff distribution on the 1hr, moving all stop losses up, and closing risky trades.


As we expected open interest giving us a lift, #BTC currently breaking out on the 4hr. Still holding some alts, we also have the biggest crypto event on April 6 - 9 i expect some positive announcement for crypto. But i will be selling as we go up.




Cheers man🥂


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ET Insiders club(April) dan repost
A possible entry for re entry. If we the test is successful, will update you.


ET Insiders club(April) dan repost
Closing some here to re enter on the correction


ET Insiders club(April) dan repost
And there she goes🚀


ET Insiders club(April) dan repost
However similar setup on #SLP targeting the 200ma on the daily. Which is a 50% upside if we get there.😊 target and stops on the chart


ET Insiders club(April) dan repost
Was about to warn you about this crazy pump on data when it broke out yesterday, but said to my self wait for the Monday pullback🙈 nailed the pullback but DATA didn't care😭😂


This is still my opinion, not the time to invest long term, i believe we will get better prices. If you know what ur doing and have good amount to trade with i would still lock 50% and trade with what i can afford to lose.


Here is where we at #BTC
Forming this triangle on the 1hr. Some whales are selling here too, But we have open interest tomorrow on the 5th, so there is a chance of moving back up for short term. Alts having a great time, few we entered have been doing really great. I don't see a pump above 52k(my opinion) because we are going to have another interest rate hike in May.




19,000,000 Bitcoin mined

Only 2M to go

It will take till the year 2140 for the last bitcoin to be mined




https://vm.tiktok.com/ZML9SHnop/
cryptoet on TikTok
Candlestick chart part 1. Introduction #trading #crypto #fyp #stocks #ethiopian_tik_tok #nft


Right now i'm on the sidelines looking to enter on some positions as we go into Friday futures expiry.

We don't have FED meeting till may so the start of April should look good. Am not holding for long term just get in and get out.

Keep an eye on grayscale's spot bitcoin ETF as well. If they manage to make the SEC approve, it will be a good news for crypto.


#BTC broke the 45k resistance, relatively on a lower volume which makes me a bit skeptical. But CME's new options products definitely gave us some pump. Which i see the momentum continue when we go into open interest next week. Right now we got rejected from 48k we have the 200ma there, if #BTC manage to break it next target would be 52k.


Explanation
How can we trade breakout trades and avoid the chance of a fake out?


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