CryptoAmsterdam
CryptoAmsterdam

@damskotrades

12 Tweets 6 reads Feb 04, 2023
Weekly Market plan! 🫡
1. Higher time frame / scaling back in?
2. Medium time frame ranges I'm playing and watching.
3. Lower time frame trade plan and levels.
1/ 🧵
1. Higher Time frame outlook.
Still cautious and not much changed since I wrote this thread last week. 🫡
It covers;
- Cycles.
- Historical numbers & the halving.
- Horizontal levels.
- Ideas about scaling back in.
Check it out:
2/
2. Medium time frame bias level.
I do think there's a good possibility of eventually going lower, but I do like the level we're at as the last line for a potential bounce.
Currently, at this 0.75 of the HTF range, a nice LTF range with clean invalidation is formed.
3/
2.1 Medium time frame level on the LTF.
LTF range low formed around that 0.75 level, offering a clean invalidation with good risk/reward.
Below is goblin town, above and I'm happy to give it a shot and maybe be wrong.
4/x
2.2 Medium time frame ranges.
Let's start with my A) zone;
- Potential deviation zone but also my lower time frame range I'm willing to play. Currently at the local resistance.
(1) Grey zone / A
(2) Grey LTF range / zoomed in
5/x
2.2 Medium time frame ranges.
Next, zone B);
- Reclaim the range low (1) and we're back in the old range. Looks like a clean-range reclaim opportunity, but could end up in fuckery as it's also an HTF resistance zone. (2)
Will wait for LTF bullish-PA and trendline confluence.
2.2 Medium time frame ranges.
Lastly, zone C);
If we fail to hold this LTF level (1&2), we'll also lose the 0.75 range level (3) and open up to a new range gapping much lower.
Will be looking for an entry around the mid-range and HTF demand again if so.
7/x
3. Lower time frame trade ideas.
Few ideas I'll be looking at;
A) Break and hold above the local resistance.
B) Dip back into the Daily demand around the range low.
8/x
Trading at and sponsored by @BingXEnglish.
Join us here:
(We'll give some spots away for our @Altcointraders_ community every month, dm your UID)
And this one is for the lols, imagine the smell if we trap everyone (the remaining 30 peeps in this market).
10/x
Remember that this is all LTF stuff.
HTF-wise I'm getting more excited again and started really putting in the work for the next round.
Time to pay attention again. 🫡
11/x
oh and nfa, idk tho.
173/x

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