May 8th video now available on Whop! - $BTC $SOL $ETH $ES | Crypto Chase-1 på Binance Square

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May 8th video now available on Whop! 
- $BTC $SOL $ETH $ES analysis and trade ideas
- Overall thoughts on the market

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BTC

104 813,95

+1.58%

SOL

149,91

+0.48%

ETH

2 496,1

-2.79%

0

0

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Morning $BTC bulls (my actual avg entry 101.6k but we engagement farm a little)

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$SOL Unless $BTC and $ES hard carry, SOL likely still plays out like this. 130's hold or it's a wrap imo. I'd add back some risk in box. I don't know exactly how this happens (and maybe it doesn't at all), but it's what PA is telling me atm. Still long BTC, no changes there.

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$BTC That's as low as you really want to see. Leaving the last low unswept serves the purpose of providing a quality pullback, but not allowing the obvious area to fill. My SL allows for it (hard stop in low 90's), but I'd much rather see it not fill if we're actually strong.

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$BTC $SOL FARTCOIN update If we continue to retrace or get an aggressive move down sooner than later, the boxes are the local bottoms. The remainder of my bids are in the boxes and if we lose the boxes, I'll adjust bias from this being a dip worth buying to short-term bearish.

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The speed of moves is important. I was originally interested in $SOL upon a sweep of $158. We mostly slow bled into it, no reaction, I cut on the bounce. Then I was interested in $150's demand. Again, slow bleed, consolidation, so I cut partial. Now looking towards low 140's demand (optimally as $BTC sweeps 102K). I often talk about liquidity flushes and aggressive moves. We don't get them nearly as much anymore, but aggressive moves by far produce the best trades (at least for me). And until we get that aggressive move, I'll continue to be reserved.. adjusting average entry down, widening stops to allow for the eventual leverage flush, etc. Hopefully helpful information when it comes to bidding retracements / pullbacks.

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