DeParkii (@deparkii) 's Twitter Profile
DeParkii

@deparkii

My crypto trading journal | TG: t.me/deparkii727

ID: 770361917802180608

linkhttps://www.youtube.com/@DeParkii calendar_today29-08-2016 20:46:08

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$pippin What do you know lol $0.45 came quick I didn't take this trade btw. Just telegraphed it, but didn't touch because it looked weird. But lesson learned that price action trumps all

$pippin

What do you know lol

$0.45 came quick

I didn't take this trade btw. Just telegraphed it, but didn't touch because it looked weird.

But lesson learned that price action trumps all
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$BTC this daily candle close pretty much confirmed another 1-2 more weeks of nothing burger chop Save ur liquidity. Don't overtrade. But show up everyday. This is how you can position yourself for the next move!

$BTC this daily candle close pretty much confirmed another 1-2 more weeks of nothing burger chop

Save ur liquidity. Don't overtrade. But show up everyday.

This is how you can position yourself for the next move!
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If you're curious how I knew $0.45 is the logical level price magnets to, study flat support/resistance levels & 0.5 fib levels as confluence The more layered a level is using technical analysis, the more likely price returns to that level at some point. Especially during high

If you're curious how I knew $0.45 is the logical level price magnets to, study flat support/resistance levels & 0.5 fib levels as confluence

The more layered a level is using technical analysis, the more likely price returns to that level at some point. Especially during high
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$BTC 1H fast breakout entry in ~14 mins per my system Early inval is close within original impulse, but BTC looks ready price action wise to squeeze to 70.7k in the next 1-2 days. Would be a ~6R trade if closes like this and wins

$BTC 1H fast breakout entry in ~14 mins per my system

Early inval is close within original impulse, but BTC looks ready price action wise to squeeze to 70.7k in the next 1-2 days.

Would be a ~6R trade if closes like this and wins
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$REI Looks solid for another run Good TP is $0.11 ish since that is historical resistance But a weekly close in ~33 hrs historically tells us REI should trend after disrespecting the 12 bands downtrend

$REI Looks solid for another run

Good TP is $0.11 ish since that is historical resistance

But a weekly close in ~33 hrs historically tells us REI should trend after disrespecting the 12 bands downtrend
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$GC new weekly ATH close Should fill that wick at $5600 next the way it's moving Gold up Crypto ? Stocks ? We'll see. So far nothing burger on the 2 latters

$GC new weekly ATH close

Should fill that wick at $5600 next the way it's moving

Gold up

Crypto ?

Stocks ?

We'll see. So far nothing burger on the 2 latters
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This is certainly a bear market with low volatility Best thing to do is STAY CONSISTENT AND KEEP YOUR ATTENTION HIGH But KEEP YOUR ACTIONS LOW Worst thing you want to do is force the market to give you money when it's not moving. Save ur liquid

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$REI That scenario I painted was best case btw Just got weekly close and another fail to close within that supply zone Unless $REI breaks out with momentum from $0.041, I would expect this move to retrace back to demand at $0.01 next So I'm not longing. If anything short.

$REI

That scenario I painted was best case btw

Just got weekly close and another fail to close within that supply zone

Unless $REI breaks out with momentum from $0.041, I would expect this move to retrace back to demand at $0.01 next

So I'm not longing. If anything short.
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Short position represented by ignoring this and letting the $REI holders roundtrip their bags again ☠️ If it were me and I bought from $0.01, here is a great place to TP.

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$SOL Daily time frame mean reversion trade idea that I went long on a few mins ago But the idea is that SOL just hit its discount again on the 3rd try. But I believe we will bounce here to the 0.5 fib lv Market structure wise, the chart looks like it will break lower

$SOL

Daily time frame mean reversion trade idea that I went long on a few mins ago

But the idea is that SOL just hit its discount again on the 3rd try. But I believe we will bounce here to the 0.5 fib lv

Market structure wise, the chart looks like it will break lower
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$SOL Flipped short last night since in hindsight after losing that trade SOL actually is breaking out lower with fails to move higher The next logical levels then are $67 to fill that wick Then $59 which is the monthly gap and 0.786 fib on the entire SOL range TP set at $59.

$SOL

Flipped short last night since in hindsight after losing that trade

SOL actually is breaking out lower with fails to move higher

The next logical levels then are $67 to fill that wick

Then $59 which is the monthly gap and 0.786 fib on the entire SOL range

TP set at $59.
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$SOL Zoomed out view on super HTF fib range on candle closes, not wicks (super noisy, thus less systematic) Perfectly aligns 0.786 with monthly gap @ $59.36 roughly Confluence tools from God

$SOL

Zoomed out view on super HTF fib range on candle closes, not wicks (super noisy, thus less systematic)

Perfectly aligns 0.786 with monthly gap @ $59.36 roughly

Confluence tools from God
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I think using a monthly TP zone for a 1D entry trade is justified due to the fact that we get the monthly close on February in ~5 days If it was the beginning of February it would be less justified, but because our final days this month creeps to the monthly, it's OK IMO