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D7R
Feb 4, 2023 11:09 AM

U7 • Bitcoin • Resistance chop...  Long

Bitcoin / United States DollarCoinbase

Description

Welcome to my new "Under 7-minute" series updates.

Will try to bring these shorter videos more frequently and then make the weekly or bi-weekly under 14 mins covering a bit more data.

The "investment strategy" currently remains to look for Long. However, is important to understand that doesn't mean we cannot see a pullback from where we are currently trading as I record this. I treat the market as a set of probabilities, risk-reward, and uncertainty all the time.

In the video, I often describe where I find ideal invalidation levels to hedge, de-risk or cut a position and possible zones for new entries or add to a position according to my primary "investment strategy".

As with everything, the market is subject to random events and huge risks. Likewise, a reminder not to use this as direct or indirect investment advice. Use these videos for entertainment or educational purposes.






If you like me to produce these 7min unbiased video analyses for other assets, please let me know.

Comment

D7 Trends
4H 🔴 🔴 • D 🟢 🟢 • W ⚪ ️⚪ ️ • M 🔴 🔴

Comment

The way this is moving on low volume, feels like it will print something like this or simply more sideway crabs. 🦀🦀🦀

s3.tradingview.com/snapshots/5/5rQa6SG5.png


4H 🔴 🔴 • D 🟢 🟢 • W ⚪ ️⚪ ️ • M 🔴 🔴
Comments
fatdawg88
Thanks d7r, i think the shorter more concise videos in addition to the longer ones are definitely much appreciated. Am always waiting for an update to hear your take on the markets.

Cheers
D7R
@fatdawg88, thanks for the feedback, sir. much appreciated 🤝
Setupsfx_
Great analysis
InvestMate
Thanks for the analysis
dakian12
Thanks. Your analysis are well detailed! Just for educational purposes, you said do not risk to short near these days levels but the books show there is pressure near 22500 so why not short (on a very limited time period) ?
D7R
@dakian12, in scalping terms (no overnight positions) you can certainly explore some shorts. I just don't think it is good idea to go sleep while being short. We have a daily trend going. This consolidation is making people second guess longs waiting fro retraces and expecting to rebuy lower. The risk here is not being long or worse being short and it decide to melt the resistance. But as I described in video is all how it trade around the liver I outlined according to my own criteria. everything is about heuristics and where you make entries or invalidate them in the market.
dakian12
@D7R, Thank you.
zeph1ro7
Time is valuable so shorter videos are always nice for me. Keep it up, good analysis!
D7R
@zeph1ro7, agree. But for longer videos, I touch on nuanced topics or data requiring more time. Also, not being a native speaker has its own challenges as well.
f-73
Thank you
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