TonySeverinoCMT
TonySeverinoCMT
TonySeverinoCMT avatar

TonySeverinoCMT

Sign up
Crypto
Commodity
Stock

Chartered Market Technician. Cycles, crowds, psychology. I don’t predict — I observe structure. Less noise. More signal.

685Posts
768Comments
183%Best ROI
joined

Joined on 15th November 2024

•
location

Boston, MA

•
X
TonySeverinoCMT
Aug 24, 2026Public Post
Bitcoin Pending 1H Breakout to Upside I just woke up, but am watching this move develop. UPDATE: Big advocate of waiting for confirmation. When I didn't with the ONDO trade, look what happened. 15 mins at least left in the 1H. This isn't a confirmed signal yet. Also, wanted to point out that this was a triangle, and broke down to further develop into a different pattern (more of an iHS continuation pattern). this is how it works and why have to manage risk, consider we will be wrong, and know what to look for ahead of time to be prepared to adapt. It just is what it is. This is starting to leave a wick into the trend line. You never know. Could run the next 15m candle opens inside the 1H. so many variables to consider I have hedged short, but am still long. If this goes up instead, the long covers the loss of the short and I don't lose money, but I don't start gaining until I'm stopped If we do get the upside move, the target is $81K This pattern still looks very sub-wave 4, meaning ... see more
Bitcoin Pending 1H Breakout to Upside I just woke up, but am watching this move develop. UPDATE: Big advocate of waiting for confirmation. When I didn't with the ONDO trade, look what happened. 15 mins at least left in the 1H. This isn't a confirmed signal yet. Also, wanted to point out that this was a triangle, and broke down to further develop into a different pattern (more of an iHS continuation pattern). this is how it works and why have to manage risk, consider we will be wrong, and know what to look for ahead of time to be prepared to adapt. It just is what it is. This is starting to leave a wick into the trend line. You never know. Could run the next 15m candle opens inside the 1H. so many variables to consider I have hedged short, but am still long. If this goes up instead, the long covers the loss of the short and I don't lose money, but I don't start gaining until I'm stopped If we do get the upside move, the target is $81K This pattern still looks very sub-wave 4, meaning there is def a possibility of a thrust up higher Technical support this. But be ready for rejection being a possibility I am probably going to do a scalp long on this, but it looks like it is breaking out now so I don't want everyone chasing this. I am only doing a small add due to the increased risk I have seen w/ SuperTrend and that trend line I saw Bessent is doing a presser today, so there is going to age volatility Remember,$89K is still on the table. The behavior out there around being so cocky the bottom is in tells me it isn't. When the bottom happens, it is not everyone buys and everyone believes is legit. They are usually super skeptical until it's too late. Does it feel too late yet?