$BTC - #Bitcoin-Daily Update

Hello Lads and Ladies,

Welcome back to TJ's TA sessions.- The Daily BTC Update

What happened in the last 24h?
Looking at todays chart, we see a lot of indecision in the market. We are seeing a doji as a possible close for today, same as the weekly that we will be getting. Yet, even if this shows indecision in the market, there is something hidden good/bullish things behind it. We saw again normal weekend low liquidity and volatility, not many pumps not many dumps, but still tightly holding the support.

Most important S/R right now?
3550 3666 3820 3950 4123 4169 4382 4658

Gained lost %?
Since the opening of the new daily, we wicked down -2.62%, but gained 3.26%

MarketCap?
Total MarektCap is 136 Billion
Of wich BTC is 73 Billion
With a Dominance of 53.7%
- nothing changed here since yesterday -

Volatility?
The 30d avg Volatility is 5.45%
- +0.09 -

Shorts/Longs?
Shorts - 33.0k (danger-zone)
Longs - 27.5k (solid)
- S -0.5/ L +0.1 -

Funding?
The last 3 funding rates added -> -0.06%
- -0.218 -> lost a lot -

Momentum?
The TJ-Momentum is still red but very low. As soon as we see it green, it will be a rising momentum and it will be a bullish sign for Bitcoin.

Volume?
Still waiting for that bigger volume to come in, YET today we are above yesterdays volume, which is already a nice sign, for the start of the week and first Monday of the new month.

TJ-MF/StochRSI levels?
TJ-MoneyFlow - blue(trending down), yet still below the 0-line.
StochRSI (still trending up)
K(blue) - 62
D(orange) - 34

Divergences?
Everything is moving up, no divergences to see here at this moment.

Market Structure?
The Market structure has not changed much. We are getting a weekly close with an increasing volume green doji. Daily might close as a red but preferably as a green, still indicating a possible bullish move soon.

Overall?
Trend is still up, we are waiting for the TJ-Indicators to turn really bullish until we have a confirmed trend up. Right now, the shorts are still high, a little amount dropped off but they are still in that rising wedge and most likely breaking out soon. YET, they might still gain, if we don't break the 4.4k and then let us the impulse move we have been waiting for.

What do we want?
Right now, we simply want that green close. Even though, 4.1k is still good. We want that TJ-Stochastic to enter above the 40point line, really giving it some speed and confirming the uptrend.

Position?
Keeping yesterdays position ->
As we saw that the 3820 is a solid intermediate support and we are overwhelmed with bullish signs, I am in a long position, with staggers down to that level and a SL below 3800.
TPs are right now set every 50$ 5% of my position. On S/R is also good but rather riskier at this moment.
No TPs filled today, snagged that nice funding rate again, leaves me with enough profits rn and we are still keeping the staggers below.

Entry at 4.1 is ok
Entry at 4 is good
Entry below 4 is very good

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Cheers, TJ