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hunterrr
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ALTS CAPITULATION I😵💫
shit is cooking us and we gotta acknowledge that. The only thing that shit didn't felt like this because $BTC is in the upper part of the Range😐
all the alts are either breaking down, broke down or at range low.🫠
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hunterrr
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HOW IM TRADING $PEPE🐸 having a meme look like this after a complete alts especially meme's capitulkation is pretty good ngl, i mean i think becasue its in $ETH because if u take a look at other major meme's like $WIF😦 So HTF looks ready and trying to long here a pullback is pretty good idea imo. U got stacked high's above u and some bullish structure below u✅ than u can even make the argument of a bulletproof MSB, people like to go sure with a high that generated a LL as proof for a MSB. SO thats good and u got the shit u need (fibs, demand etc..) The hourly just looks very clean imo, POC in the sweetspot + ur demand. I think its doesnt go prettier than that, trying to long the strongest meme when $BTC is at a SHITTY support isnt the worst idea...🗣️ hope that guys helped u how im looking for trades, if u got any questions lmk🫡
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FAILED BREAKOUT so i mean in the bigger picture $ETH doesnt look THAT bad its just not pretty nice that we are now bleeding out like this after a impulsive move like this😪 3500 try to short it and expect more downside 3300 try to catch a small scalp but overall expect more📉
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-At range low and people are actually shorting it -RL got tested a 100 time's so prolly weak support -People trying to front run the run up of $BTC with being alts -CT influencer got cooked on alts but still bullposting -Overall bearish TL u dunno what to do, so do i fam❤️
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CONCERNING ALTS MOVEMENT well mabye u think "lfg alts holding stronger than $BTC" bullish... But i honestly think its a bit more complicated than that😪 imma go through how I see the situation with $BTC at 59k and alts ripping... a THREAD🧵
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HOW IM PLAYING METIS 🌿 OR IN GENERAL ALTCOIN HOLDING'S🫡 so i talked earlier about it -> CLEAN UP YOUR PORT🫡 imagine how u would structure ur port if u start from new with all the knowledge u got now... Now lets dive into $METIS, so we got local breakout high at 42 $ and this is in the fibs from the whole year so pretty strong fibs... I think if u wanna be bullish now i would look for a reclaim of the wick, IF we get a reclaim i will probably long✅ like this would make a great long, the R/R is crazyy and i think u will do nothing wrong with being bullish on $ETH and eco of $ETH. Like selling now spot bags seems pretty dumb and i still believe in $METIS so nothing changed fundamentally for me😤
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