LupaCapital

BTC USD - February update [Neutral Stance]

COINBASE:BTCUSD   Bitcoin
G'Day traders,

Master Key for zones
  • Red = Three Month
  • Blue = Monthly
  • Purple = weekly
  • Scarlet - Four day
  • Orange = Daily

Risk Warning
Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence.

Are you Long or short?
It doesn't matter - there are pips to be made either side. Make your informed choice with risk-calculated decisions.

Quick analysis
The Monthly Imbalances are set:
Add positions upon the following, clear directional sell hedges
Confirmation upon the daily
Higher timeframes provide a clearer image.
Look for a three box setup, whereby draw your imbalance, a upper and lower confidence correctional move and set alerts, limits.

Box 1 being imbalance
Box 2 being correctional pullback to retest an imbalance.
Box 3 Target profit at an imbalance

Why these CP Levels were not respected:
Here is the after bar pattern showing that sellers are not respecting the zones.
Note: Price can develop overtime and does not have to stick to a timeframe of <1 month for a move to occur.
There are exceptions to these rules;

  • Confirmation of break/bounces upon imbalances
  • Departure was strong
  • Fresh level - showed lower high formation, based of the fact that the tap of the zone occurs.


Using the Monthly and weekly imbalances in conjunction with Fresh levels and original levels - this is how the chart looks
The imbalances are clearly defined at the top of the market structure and at the bottom also.
The mid-markings are fresh levels or CP levels which indicate pivot points, daily imbalances and combined weekly im

Here is the short term timeframe of where price is showing signs of faltering due to the strategy.
Basing confirmations upon closes will indicate the opportunity to buy/sell.


The strategy at play
Using DCA - purchasing from these two levels, will obtain a lower price from BTC, but also will allow the accumulation of savings to put into the market.
While smaller increments are being added in the monthly time period, there are periodic levels where price will a larger additional sum to be added within a price range.

Tracking of Dominance - 6th October 2021
BTC - 44.69%
ETH - 18.51%
BNB - 3.19%
ADA - 3.11%
USDT - 2.95*
XRP - 2.22%

6th February 2022 - a QTR review
Here is how the numbers look
BTC - 42.55%
ETH - 19.08%
BNB - 3.63%
ADA - 2.00%
USDT - 4.05*
XRP - 1.71%

A multi-functional chart tracking;
Please review the link below to track the all things BTC
BTC.Dominance, correlated against the Crypto Index, vs BTC USD current price.

What are the two largest crypto's doing?
The Dominance of BTC and ETH are still in play, the networks upon these two still offer the largest value in terms of holdings and pathe the way for Crypto. Keep track of these.

Do you enjoy the setups?
Professional analyst with 5+ years experience in the capital markets
Focus on technical output not fundamentals
Position and swing trades
Provide updates where necessary - with new updated ideas tracking the progress.

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To all the followers, thank you for your continued support.

Thanks,
LVPA MMXXII
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