DoubleEdge

New year and you gotta change the trading strategy on $XPL. There you go, I did it for you. Hopefully it doesn't re-test the wedge line or something. Shorting this pays off usually. Lower.

The strongest performer of the New Year rally in the memecoin space, $PEPE, has lost momentum at a key S/R level. Also saw rejection on the VWAP re-test. If there's any chase left in the market, my guess would be around the bands, where I'd want to see momentum come back.

$ARC plan remains. What keeps my attention is the MCap to OI ratio around 0.8x. That kind of leverage density doesn't matter... until someone gets caught offsides. It explains the controlled PA and low beta to $BTC. If it expands, it's likely perp-fueled first, not spot-led.

$ARC in this video I explain the trade that was taken with confidence, based on this controlled PA. Simply put, join the ride while it grinds. Worth noting this coin has a history of fuckery and sharp PA in the past. #orderflow #tradingstrategy

UPDATE: $IRYS These moves are insanely clean. We're sitting around \~$500M FDV now, wouldn't be surprised to see this over $1B FDV. New shiny coin, showing strength, AI meta waking back up? Higher.

Sticking to the long plan mentioned below on $ARC 👇 until proven otherwise. With support from @BloFin_Official.

I know that for many of you, the best part of waking up is coffee and cigarettes, but when I wake up and see these pictures, my day already feels beautiful. (Of course when I'm long 50x lvg) Hope you understand..

From time to time we gotta revisit this manipulation $PIPPIN. Shorts did victory laps after the $0.52 rejection fair enough. But late shorts at the obvious S/R are now trapped and getting punished. Everyone is expecting sharp move down in one candle. You can't make this up.

If you look on @velo_xyz, you can see that OI keeps climbing while price is moving down meaning more aggressive shorts are stepping into the market. Ideally, I'd like to see more liquidations and OI get wiped out for a cleaner signal before any continuation higher.

We got a solid, controlling sell-off from continuation on $BTC. Trailing stop placed above the key high at $91,700. Price is currently sitting at a major S/R level either we get a bounce and catch momentum, or price rejects here and continues lower.

$BEAT It was written in starts.. Remember $4.5B FDV? Now the ticking time bomb exploded: $90M MC, $0.5B FDV. Draw any "supports" you want, it's literally a knife cutting through. Bounce on lower timeframe will be funny. Lower.