$BTC P3.1
Today is Wednesday - Monthly candle close - Interest rate news. The night is definitely disastrous for those who play FUTURES, so you should order to deal with it early and manage your capital tightly so that when you have a good opportunity, you will run out of money or burn your account.
- It is likely that there will be a peak and a bottom this week. Sometimes it's the bottom of the week (the opposite of what I initially wanted).
- 1:30 am August 1st, sometimes all you need is "good afternoon" and sometimes it's gone, LONG/SHORT
*Frame D:
- The price hasn't gone up yet and the timing has dropped, but I also warn you to adjust the timing when going to these areas. I see onchain teachers saying that short long orders get eaten a lot. But it helps the plan to SELL the ALTs that have been posted so you can continue running -> that's why I still mainly time BTC to hit ALTs.
- Yesterday's candlestick D is still red, but has retracted its whiskers. As long as the green DEMAND still maintains its price, there is still hope that we won't have to wear diapers :v
-> Is it possible that it will continue last week's plan of sweeping the bottoms that hit DEMAND and then rising? Now it's easy to let go of your long beard.
*H1 frame:
- It can be seen that it is ranging diagonally and absorbing buys. It will keep crawling down there
=> Great scenario to push SHORT ALTs as planned 2 weeks ago for a full broadcast.
- Want to reverse the view unless you see that the reduced root is "meat"
- Since I'm still BULLISH BTC, I expect a dream scenario where BTC shakes out a trap and then increases strongly before moving up again. (To have a shake, there must be strong news)
- Even if you break the DEMAND, stay calm and let it break completely before calculating. Anyway, I'm shorting ALTs, not long.
Of course, if you don't have an order yet, you don't have to rush to go Long/Short. Will continue thinking tomorrow morning. Now to plan.