No ALT szn (yet) • Joop’s Line (educational) • BTC ShortCrypto Total Market Cap Excluding Top 10, $CRYPTOCAP:OTHERSJoopooranski𝕄𝕒𝕣𝕜𝕖𝕥 𝕊𝕥𝕣𝕦𝕔𝕥𝕦𝕣𝕖 𝔹𝕪 𝕁𝕠𝕠𝕡 ————— No ALT szn (yet) • Joop’s Line (educational) • BTC Short Crypto total (Ex top 10) → A risin wedge like BTC = Bearish pattern Meanin the current pump in the market is short lived = more Dump How to draw Wedges: • Downtrend: - Bottom of the wedge = I connect the Lows (body - No wicks) - Top of the wedge = I use my Joop’s line, connect the last Low (white) to the last high & update it in case of any breakout How to Update: • Yellow → low + High → second high = broke out (orange) • Orange (updated line) → we connect the last low to the new High, but again price broke out (red) • Red (ongoing) → low (white) + high (red) + NO Second touch yet Caveat: • U may think orange is the right line & the red was a fake out, now price is below orange & we’ll dump → 9 days on the daily chart can NOT be considered a Fake out • Blue area → a rising wedge, bearish on its own. Price can drop from here, but it would a dirty trade (personally not gonna touch it) My fav Trade (pink): • Price to pump from here + retest of the red line (I’ll go Short on BTC after confirmation) + collapse • Marked in grey, we’ll grab the upper liquidity too Note: • I use Rays (white) instead of line for accuracy • Supports & resistances r just ONE line, Not an area (using an area → means we don’t know what’s happening → better to stand aside)