Crypto Chase

Crypto Chase

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Trader since 2016

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Signal Clone Analysis

Reflection Super easy to be the guy that goes quiet on Saturday and talks about his wins today. Much more difficult to provide plans and execute them publicly. I had strong conviction that equities would drag down crypto today. I still believe it’s possible, but it may take a few days. I did not have strong conviction that we would see a relief rally of this magnitude before sweeping current local lows. All I can do is trade to the best of my ability. A week ago I cancelled $SOL orders at $173 after the liquidity to liquidity trade played out with only half my long being filled. It went to profit then I called for 157 and lower. That time, I cancelled orders upon seeing local PA and it was the correct decision. Upon reaching 157, $BTC and equities had not finished their job yet IMO, so I took profit relatively quick on the 157 SOL long. At the end of the day, there was no loss on any recent trades. Everything was closed in profit, but my overall execution deserved reflection and discussion. And if I could do it over again, I would do the same thing. Why? Because I trust my intuition to be right more often than wrong and I win a lot more trades on here PUBLICLY than I lose. Sometimes you’ll miss out on profit, sometimes you’ll miss the trade entirely, it is what it is. I wait for opportunities that I believe in and that’s how I make money trading.

$BTC Plans for long.. 1. Strong push above 117K, bid the box retest. 2. 111-110K~ as originally planned, bid the stops of those who place tight SL's directly below the consolidation. Notes on chart.

$SOL $ETH update Fully closed out the remainder of what I had left (wasn't much, like 0.5R worth of open risk). If that was the bottom shit happens, but I personally think $SPX has business to do lower n I'm seeing this as a relief bounce. Can go a bit higher, but good for me. twitter.com/Crypto_Chase/statu...

If we do see lower early this week, my focus will be on $BTC and $ETH. Current relief rally showing that ETH wants to bounce the hardest, but you never know when the king will take the lead again. Not tryna to be a $SOL hater, but looks to not have a place in current environment.

$BTC Into the Daily bear FVG. Typically these provide continuation in local trend direction (down). Daily closes above and I could be convinced of a bottom. For now, need to see how equities play out this week. I trimmed some risk from $ETH 34~ avg entry, $SOL 157~ as well. This is a difficult area to trade. I don't believe invalidation comes until BTC 105~, ETH 3K~, SOL 140~, etc. so in order to get a strong position size, I need better entry prices. I'm not willing to open big size here and suffer a huge loss with far invalidations. If I don't get better entries, it's okay, there's always another trade. General thoughts are that equities still have lower liquidity to grab, bottoming on a Saturday would be quite weird (recent bottoms were Sun/Mon and tariff bottom was Mon/Wed), and simply the market isn't offering a great R/R trade at the moment so I'm staying patient/nimble for a better setup whether that's better entries or more confirmation of a bottom from here. We'll see.

This whole move down has been a slow bleed designed to make you believe every new local low is the bottom. We're in the upper half of my areas of interest n I have some risk open, but I'm looking for that wipeout wick to make this a larger trade than usual. If not, normal trade.

The key to moves like these is not overexposing yourself too early. Fill slowly in proper areas, trim on bounces if necessary, be able to add lower, and use wide invalidations to where you truly believe the market is cooked if you get stopped out. It doesn't have to be ALL or NOTHING. And there's always another trade if you still have capital. You can sit this trade out entirely and make profit in a week or two on the next trade. It's no big deal. Don't act (and trade) like it's the last move we'll ever see and it has to be perfectly caught. Stay nimble, manage risk, and trade what you see.

We are now at my areas of interest. No FOMO necessary, patience pays off. $BTC 111-110, inval 105~ $ETH 34-32, inval 3k~ $SOL 157-150, inval 140~ I'm bidding (started small yest). May these levels hold or may the treasury companies hold the bag for months to come 🤝

Remember to pay attention on days like today. You're either starting to buy, looking to buy not far from here, or you believe the top is in for many months to come. My optimal areas of interest are: $SPX / $SPY 617-600~ $BTC 111-110~ $ETH 34-32~ $SOL 157-150~ $NVDA 161-150~ I

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