Trade Travel Chill (tradetravelchill)

Follow him. He’s giving unbelievable trading alpha everyone can benefit from 🔥

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I've been eyeing off this trade idea on $BTC for more than a month now. Last week gave me the perfect entry at the top of the flag (also short from prior levels since October). Do you think my trade idea will play out?

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I haven't been on YouTube for a month and it's kinda crazy how in that time, my last macro update is still valid. My target for the $BTC drop between 70-75k is still valid and I'm staying short for now but also watching daily for signs to change my mind because I do see trapped traders at the 800ema since late Nov and the liquidity to the upside right now is MASSIVE. If the trend changes before hitting 70-75k anytime soon, there's a good chance Ill miss it as I'm currently moving house, whilst also renovating another. I'll be back on YT after my move, once Im settled.

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Do my analysis on the USDT pair on the Daily Timeframe. In this case, ETHUSDT. Decide if we're at the right area to be looking for reversals.

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I’ll tell you something my business coach once taught me… When you’re starting out in any business and you don’t know what you’re worth, just pick a price and see if your first lead will pay. If they do, then you increase the price for the second lead. If they do, you increase again. And you keep increasing until you hit a point where your lead has to “think about it”. That’s what you’re worth.

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I think the best way to protect your mental state in crypto is to not care if we’re in a bull market or a bear market and instead just focus on extracting what you can from the market on a weekly basis and compounding that slowly over time. And then have a multi-decade long term plan for $BTC and keep stacking as if it’s your savings account. Then maybe max 5% of your capital can go towards alt gambles you know could go to zero and you’ll still be financially ok. I’m 47 years old. There’s a reason I say this.

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Ive been waiting for ETHBTC to break out for quite some time and finally it did. I'd like to see a convincing close above the daily 50ema followed by a retest to confirm the breakout. For me to trade alts, I prefer them to be bullish against BTC on a high timeframe. Once I see that, this is my next play 👇

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