#rezeh
you see the candle closing above it?
@allvipleaks
#rezeh
This was the last serious actual drop we had
@allvipleaks
#pat
BLZ
Watching this for a short. Potential sfp of prev daily swing high.
H4 is showing three drive setup forming. Good short if we start breaking back below the previous structured high. I know it has been strong and there is plenty of weaker coins to short but the setup would be there if we get what I am looking for.
@allvipleaks
#rezeh
I marked with yellow rectangles the swing highs and lows and marked them with a number for easier explaination
@allvipleaks
#rezeh
Or measuring the distance between the lows
@allvipleaks
#rezeh
So how do you identify the strenght of an uptrend?
@allvipleaks
#eli
I think I will not follow this idea for now
@allvipleaks
#rezeh
Still in the expensive area so about long term investing we will not talk about yet
@allvipleaks
#rezeh
Firstable little update on our investing chart
@allvipleaks
#rezeh
I marked top and bottom of the daily of the capitulation
@allvipleaks
#johnny
RLB spot up 20% from our buy zone
@allvipleaks
#rezeh
This is not good especially if under macro res, this means buyers are having less and less control over sellers
@allvipleaks
#rezeh
A bit weaker, but overall still a nice increase
@allvipleaks
#rezeh
So start of strenght and bull trend - swing distance 1-3 is 37%
@allvipleaks
#rezeh
All this cycle was between 4 HTF swings in total
@allvipleaks
#rezeh
You can do in 2 ways, measuring the distance between the highs, so how far away is the high from the previous one
@allvipleaks
#rezeh
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@allvipleaks
#eli
https://tenor.com/view/ethereum-buterin-vitalik-buterin-crypto-eth-gif-17564179
@allvipleaks
#rezeh
All the people that were scared of missing out you already seeing our plan is still full in action
@allvipleaks
#rezeh
So I analysed BTC a lot, over different time frames and past price actions
@allvipleaks
#HBJ
Lol i meant regular short plays that we have. Not shorting BLZ
@allvipleaks
