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$btc spot plan update - an important real-time executional deep dive.

When I will buy spot buy 2 exactly, with exact execution specifics, and what it means to wait for "strength" (exact specifics).

Good morning. Here is an update and in real time execution hybrid post to help you during these times. Because after losing my daily zone, longs invalidated, we recognized a big drop into the green zone is coming + we need strength in it too. So I think right now as we are in that special place where "prices are low" but we are still rushing down, fomo can cause you some stress.

Especially as I did talk about buying spot and how I am interested, you may think "oh, Astro is interested here in buying, so let me buy". And when you are a new follower, not knowing that I call out everything live and that I am not one of the influencers who draws a chart and only quotes it in hindsight after the fact, calls everything "psychological operation" or other schemes, without telling the exact moment of buying live, then you might get stuck in your blind buy off my plan wrongly and come back to me with wrong ideas.

I am all about clarity, so this is mainly a message to the new followers.

But also a message to my long trusted and veteran audience, who may be very interested in how I want specifics in this case, what I look for and when I buy exactly, not to copy me because you know when I will call out the entry of spot buy 2. But out of interest to have an execution plan in place, you may miss my exact buy while asleep or just want to learn what the best way is to buy bitcoin without getting caught in the trend.

So what I think many of you need the most right now are my exact predictive execution specifics, of what I need to see, so you don't get caught buying early (or late). Specifics are important in trading. You know how I don't like dubious statements. I wish you a warm welcome to my account.

I'll also add my comment (reminder) to "when bounce" just as my prediction. With the kind reminder that in this situation, my prediction is bold and can be wrong and if it's wrong and you blindly buy because of my plan, then you can end up losing heavily. Even if my plan is usually right, my belief of holding the exact daily zone for example, was wrong and as soon as we went below it even briefly, it resulted in a large move.

That is why you need execution specifics, and that is why I also call my entries out live because they are a confirmation of the execution and local specifics being triggered.

I believe this post will help you limit your fomo drastically if you have never hear me talk about it. Therefore, reduce your stress drastically. And have the ability to interpret mine, or your own plans just that tiny bit more, sharpening your trading skills in a real way, not in a false path/bad data/one liner/"dubious" ways as we often see around.

Continuing...

The workflow of waiting for strength is always the same:
➡️Plan (predictive) and expectations. This is your edge, core system and beliefs based on data and logic
➡️Execution specifics: These are the exact specifics to look for.
➡️This is recognizing the specifics and pressing the button cold and clean.

This workflow is the same every single time, for trades, investments, for perps, for spot.

Many of you may know this workflow of me already. But I want to remind you because now is an important time to do so.

And because for spot the execution specifics are rather simple, no better time than describing them now. So I am going to describe them exactly to help you get the best possible spot buy with the least amount of fear and stress. Because buying now can feel stressful, so spoilers first: I have not made any entries yet call yet. So those who know me already: I haven't bought yet. I will also reiterate my plan before that, but again, to not take it as the holy grail, especially now since my plans can be bold.

To top it all off, you all know I will call out live whenever I do perform my spot buy as well, of course and this is also the case for this buy.

Once again apologies for the long intro. But it's an important one because nuances and interpretation in trading are important. Now let's get to it.

Plan (reminded):

My plan and prediction I already mentioned Yesterday: which is to expect 65k region to hold, and to get a bounce before we hit 65k. Hold that bounce and carve out the bottom. Again, very bold, very cold and could be invalidated in just days time with this momentum. But it's my prediction and therefore valid until it's not, just like my daily zone was above. I am a "delusional" believer of my plans, I always am, until the second it gets invalidated and then I abandon them immediately. My trading in a nutshell. With always execution in place which enables that, in case of plan invalidating, my execution never runs me.

The 65k plan, as of today and writing this post, it still holds. But we need exact execution specifics.

Exact execution specifics

How and when am I going to buy? Without spending too much time as to why, I have my reasons, but no time to share them now.

What matters is: to wait for a bounce of at least 7.12%, measured from wick down, to top of the bounce. Why that number? Again I have no time to explain. But this bounce is one that will be clearly visible on the daily chart. Then, after that bounce, I look for it to top out. And only on the retrace, is when I look to get involved.

Wait for this is perfectly non-dubious and easy to perform for everyone because anyone can use a measuring tool and measure the current % of the bounce given. It's currently at 1.5% off the current low, nowhere close to 7.12%, nowhere close to being visible on the daily chart (or any other timeframe of your interest, timeframe is key).

This waiting period is what we are in now. This is a very crucial period because waiting is hard for many. Which is exactly why I am writing this post. I am teaching you "how to wait".

Once this happens, (and that is a big condition, but once it has...), it's key to wait. Do not buy the bounce at 7.12%. Wait for a retrace. which, yes, will come.

That's right, wait... even if it bounce up to 30%.

"What about V shape recovery, then I will miss my entry forever". Valid point. But even those are covered by the retrace I am talking about.

Which exact retrace am I talking about? It's the one leading to the 0.5x fib. Not exactly sharing what that x will be. It's not of importance now regardless. Waiting for a 7.12%+ bounce and at least the 0.5 is going to give you much better entries in your trading and investing life than buying trends down blindly out of fomo.

I highlighted the gold circle of the last occurrence this crucial sequence of combinations took place. Feel free to back test this more. You may notice this is often the best time to buy some spot, and at the very least, a lot better than buying spot or calculated longs into the trend blindly.

Brief summarizing comment.

So, that's it. You simply wait for that to happen, and then you buy. Do I expect a bounce soon? Yes, I expressed that. But has it happened yet? No. Have I acted yet? No, I have not bought spot buy 2 yet.

What about the long, astro? Indeed, that is a bold enactment of me expecting the bounce and trying to capture it without looking for local confirmation, which is what I would do normally, but not in this case.

I expressed the long as bold, risky and with an attempt to capture the bounce, clearly, and in advance.

Such aggression with longs is more acceptable because the goal is to capture the first bounce for starts. Whereas when you wait for strength, you lose that ability to capture the bounce. But because with these spot positions, it's simply buying for longer term, so there is no need to capture the bounce.

If there is no need to take a risk, then that risk should not be taken, which is the mindset of this post and my trading.

So here you go. A post full of key mindsets that I use, and key numbers. Very much applicable in your general trading on all timeframes.

In this case and with the problem at hand: to perform this spot buy (or perhaps a long buy if you are waiting and didn't feel like copying my long buy). I hope this helps you limit fomo if you are looking to deploy. I also stress how waiting for a long instead in the same situation as this intended spot buy, if you are novice or not feeling as bold as me or can't afford a risky long at the moment, is also acceptable.

Enjoy.